The Vanguard Group Discloses Stake in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position in Dowlais Group plc, revealing an interest in relevant securities amounting to 5.44%. This disclosure was made on May 7, 2025, in compliance with Rule 8.3 of the Takeover Code. The disclosure highlights Vanguard's ownership of 73,139,104 ordinary shares in Dowlais Group, with no short positions reported.

The announcement also mentions American Axle & Manufacturing Holdings, Inc. as another party connected with the disclosure. The disclosure indicates a purchase of 30,084 ordinary shares at a unit price of 0.62 GBP on May 6, 2025. No indemnity or derivative agreements were noted in the report.