The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has released a disclosure under Form 8.3 regarding its interests in Dowlais Group plc's securities, effective from October 29, 2025. The disclosure highlights Vanguard controlling 5.51% of Dowlais's ordinary shares, totaling 72,572,697 shares.

The disclosure, adhering to Rule 8.3 of the UK Takeover Code, reveals purchases of Dowlais's shares on two occasions, 17,004 shares at 0.85 GBP each and 80,207 shares at 0.86 GBP each, enhancing Vanguard's position.

While the report includes no cash-settled derivatives or stock-settled derivatives, it confirms that no other party agreements or arrangements have influenced Vanguard’s dealings. No supplemental form detailing open positions accompanies this disclosure, suggesting no further stock-held derivative activities.