on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Discloses Position in Dowlais Group Plc
The Vanguard Group, Inc. has released a Form 8.3 disclosure revealing its interests in Dowlais Group plc. As of February 17, 2025, Vanguard holds 74,029,275 ordinary shares in Dowlais Group, representing a 5.51% interest. This substantial holding categorizes Vanguard as a significant shareholder according to Rule 8.3 of the Takeover Code.
In recent transactions, Vanguard sold 40,626 ordinary shares at a price of 0.69 GBP per unit. The disclosure also confirms that there are no other dealings related to cash-settled or stock-settled derivatives and no new subscription rights reported.
Additionally, there are no reported indemnities, option arrangements, or informal agreements influencing Vanguard's dealings with Dowlais Group shares. The disclosure was officially submitted on February 18, 2025, with Shawn Acker listed as the contact person for further details.
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