Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has submitted a Form 8.3 as part of compliance with Rule 8.3 of the Takeover Code. This disclosure concerns Dowlais Group plc and declares Vanguard's interest in 73,855,497 1p ordinary shares, which constitutes 5.49% of the relevant securities. The submission date of this disclosure is 20 February 2025, with the position being held since 19 February 2025. Notably, this position includes no cash-settled or stock-settled derivatives.

On the dealings front, Vanguard reported the sale of 100,420 1p ordinary securities at a price of 0.72 GBP per share. The document clarifies that no indemnities or agreements related to options or derivatives are involved. Furthermore, there is no Supplemental Form 8 attached, showing the absence of open stock-settled derivative positions.