The Vanguard Group's Disclosure on Dowlais Group plc

The Vanguard Group, Inc. has released its Form 8.3 disclosure concerning its interests in Dowlais Group plc. As of March 26, 2025, Vanguard owns or controls 73,114,076 shares, representing 5.44% of the 1p ordinary shares in Dowlais. This disclosure complies with Rule 8.3 of the Takeover Code, which pertains to interests in relevant securities equating to 1% or more.

The disclosure includes a recent transaction where Vanguard purchased 40,700 shares at 0.65 GBP per share. No open derivative positions or specific agreements regarding options or securities in relation to Dowlais Group plc have been reported. Additionally, there are no indemnities or arrangements that could influence dealings in the relevant securities.