Vanguard's Stake in Dowlais Group Surpasses 5%

The Vanguard Group, Inc. has disclosed a significant position in Dowlais Group plc. According to a recent Form 8.3 submission, Vanguard reveals ownership of over 72.6 million shares, representing a 5.52% stake in Dowlais. These figures highlight the investment firm's influence in the group, positioning it as a major stakeholder.

The disclosure also mentions American Axle & Manufacturing Holdings, Inc., indicating interest beyond Dowlais. The recent activity includes the purchase of 10,826 shares at 0.84 GBP per share, reinforcing Vanguard's strategic accumulation of interests.

No agreements or arrangements relating to options or derivatives have been disclosed. The document remains silent on indemnity and dealing arrangements, marking the absence of formal or informal agreements in this context.