The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has released a Form 8.3 disclosing its position in Dowlais Group plc, as per Rule 8.3 of the Takeover Code. This disclosure reveals Vanguard's interest in relevant securities representing more than 1% of Dowlais Group plc.

As of July 7, 2025, Vanguard holds 72,520,419 ordinary shares, accounting for 5.51% of Dowlais Group's issued 1p ordinary shares. Additionally, Vanguard has purchased 30,506 ordinary shares at a price of 0.68 GBP each. The filing also mentions American Axle & Manufacturing Holdings, Inc. in relation to the disclosure.

No dealings in stock-settled derivatives or cash-settled derivatives have been reported, and no indemnity or option arrangements exist. The disclosure is consistent with regulatory requirements to inform stakeholders of significant positions in publicly traded companies.