The Vanguard Group Discloses Position in Dowlais Group PLC

The Vanguard Group, Inc. has disclosed its position in Dowlais Group PLC as per the requirements of Rule 8.3 of the Takeover Code. The disclosure was made on March 25, 2025, and concerns interests in relevant securities amounting to more than 1%. The disclosure specifies that on March 24, 2025, Vanguard held 73,073,376 ordinary shares, representing a 5.43% interest in Dowlais Group.

Vanguard's dealings in Dowlais Group securities included the purchase of 22,909 ordinary shares at 0.65 GBP and the sale of 140,554 shares at the same price. The form also notes relevant dealings related to American Axle & Manufacturing Holdings, Inc., but no additional positions related to options, derivatives, or indemnity arrangements were disclosed.

The disclosure confirms no supplemental form for open positions is attached, indicating no further dealings in Dowlais Group securities requiring disclosure at this time.