on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Reveals Stake in Dowlais Group
The Vanguard Group, Inc. has disclosed its current position in Dowlais Group plc as per Form 8.3, under Rule 8.3 of the Takeover Code. As of April 2, 2025, Vanguard holds 73,107,503 ordinary shares, representing 5.44% of Dowlais Group's relevant securities. This places Vanguard as a significant stakeholder in the company.
The report also mentions that Vanguard made no additional derivative transactions or new subscriptions related to Dowlais securities. In terms of specific transactions, Vanguard sold 15,375 ordinary shares at a price of 0.61 GBP per share.
Furthermore, The Vanguard Group has confirmed no indemnity or option arrangements, as well as the absence of agreements or understandings concerning voting rights on options or future acquisitions.
R. P.
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