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The Vanguard Group Discloses Position in Dowlais Group

The Vanguard Group, Inc. has released a Form 8.3 regarding its position in Dowlais Group plc. This disclosure, dated 21 August 2025, identifies The Vanguard Group's interests in relevant securities representing 1% or more, as required under Rule 8.3 of the Takeover Code.

The form indicates that Vanguard holds 72,707,806 ordinary shares in Dowlais Group, representing a 5.52% interest. Additionally, the disclosure mentions dealings on 20 August 2025, including the purchase of 17,376 shares at a price of 0.76 GBP each.

The disclosure also includes information about American Axle & Manufacturing Holdings, Inc., indicating Vanguard's engagement with relevant parties. There are no indemnity or option arrangements or agreements tied to these disclosed securities. Overall, the document provides a transparent update on Vanguard's substantial position in Dowlais Group.

R. P.

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