The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position in Dowlais Group plc as per Rule 8.3 of the Takeover Code. The disclosure reveals an interest representing 5.54% in Dowlais' 1p ordinary shares, with a total of 74,525,011 shares owned. The disclosure, dated January 29, 2025, also involves American Axle & Manufacturing Holdings, Inc. as another interested party.

There are no cash-settled or stock-settled derivatives, nor any options or agreements, that affect the disclosed position. Additionally, no indemnity or other dealing arrangements are in place. The document confirms no supplemental forms have been attached.

The Vanguard Group's point of contact for this disclosure is Shawn Acker, with details provided for regulatory consultation. The Takeover Code's requirements highlight the transparency needed in such financial maneuvers.