on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard's Stake in Dowlais Group plc
The Vanguard Group, Inc. has disclosed its opening position in Dowlais Group plc. As of April 14, 2025, Vanguard owns 73,041,754 ordinary shares, representing 5.43% of Dowlais's securities. This makes Vanguard a significant player under Rule 8.3 of the Takeover Code.
Vanguard also disclosed dealings involving the purchase of 20,804 shares at 0.54 GBP per share. These developments are part of ongoing activities related to American Axle & Manufacturing Holdings, Inc., aside from Dowlais Group.
Vanguard confirmed there are no indemnity arrangements or related securities agreements influencing their actions. Additionally, no Supplemental Form 8 is attached, indicating no open position derivatives involvement.
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