The Vanguard Group Discloses Position in Dowlais Group

The Vanguard Group, Inc. has disclosed its position in Dowlais Group plc, as per Form 8.3, unveiled on 3rd September 2025. This disclosure follows the guidelines of Rule 8.3 of the Takeover Code. The revelation pertains to relevant securities representing 1% or more.

As of 2nd September 2025, Vanguard holds 72,776,335 ordinary shares, representing a 5.53% interest in Dowlais Group. Additionally, a recent transaction involved purchasing 24,650 shares at 0.79 GBP per unit. Other dealings, such as cash-settled and stock-settled derivatives, were not disclosed in this form.

The document confirms no indemnities or agreements that induce dealings, nor any arrangements about options or derivatives linked to voting rights. The disclosure also concerns American Axle & Manufacturing Holdings, Inc.