The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has filed Form 8.3, disclosing its position in Dowlais Group plc under the Rule 8.3 of the Takeover Code. As of September 19, 2025, Vanguard holds 72,659,830 of 1p ordinary shares, representing a 5.52% interest in the company. This disclosure is a public opening position announcement relating to Dowlais Group, with American Axle & Manufacturing Holdings, Inc. also noted as an involved entity.

Vanguard reported a purchase of 315,670 shares and the sale of 718,838 shares, both at a unit price of 0.82 GBP. They clarified that no agreements, arrangements, or understandings exist for further securities dealings. No indemnities, options, or arrangements that might influence dealings have been made with any parties associated with this offer.