The Vanguard Group Discloses Positions in Dowlais Group plc

The Vanguard Group, Inc. filed a Form 8.3 concerning its interaction with Dowlais Group plc. This disclosure aligns with Rule 8.3 of the Takeover Code, mandating transparency for entities with significant stakes in relevant securities. The form specifies Vanguard's position as of May 7, 2025, revealing ownership of 73,190,533 shares, which comprises 5.44% of Dowlais Group’s shares.

Additionally, the document reports Vanguard's purchase of 51,429 ordinary shares at 0.62 GBP each. The filing also mentions that this disclosure extends to dealings with American Axle & Manufacturing Holdings, Inc. Notably, no indemnity or derivative-related agreements were included, nor was a Supplemental Form 8 attached. The details were confirmed by Shawn Acker, a Vanguard representative.