The Vanguard Group Discloses Significant Position in Dowlais Group plc

The Vanguard Group, Inc. has released its Form 8.3 disclosure, signaling its position in Dowlais Group plc. As of January 12, 2026, Vanguard holds significant interests in Dowlais Group, owning 72,755,985 ordinary shares, representing 5.53% of the company. This disclosure is mandated under Rule 8.3 of the Takeover Code, which requires transparency from entities with over 1% interest in relevant securities.

In addition to its position in Dowlais, Vanguard is also making disclosures regarding its interests in American Axle & Manufacturing Holdings, Inc. The document reveals a recent purchase of 51,817 Dowlais shares at 0.93 GBP per share, indicating active trading.

The form confirms no new agreements or arrangements related to derivatives or voting rights. No indemnities or options have been established, ensuring a straightforward disclosure without additional complexities.