Vanguard Discloses Position in Dowlais Group PLC

The Vanguard Group, Inc. has filed a Form 8.3, disclosing its interests in Dowlais Group PLC's relevant securities. As per the disclosure, Vanguard holds 72,768,231 ordinary shares, representing a 5.41% interest in Dowlais Group PLC. This information is mandated by Rule 8.3 of the Takeover Code for entities holding 1% or more in relevant securities. Vanguard also acknowledged interests in American Axle & Manufacturing Holdings, Inc., linked to the same offer.

The details include a recent transaction on March 12, 2025, involving the purchase of 18,775 ordinary shares at a unit price of 0.66 GBP. The disclosure mentions no indemnities or arrangements related to voting rights or derivatives. A Supplemental Form 8 for open positions is not attached, confirming no additional stock-settled derivative positions or agreements to purchase/sell.