The Vanguard Group Discloses Significant Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position on Dowlais Group plc, as per Form 8.3 requirements under the Takeover Code, effective 26 August 2025. The disclosure reveals Vanguard owning 72,748,290 ordinary shares, equating to a 5.53% stake in Dowlais Group plc.

The disclosed position is significant, as it surpasses the 1% threshold, necessitating public disclosure. Additionally, Vanguard is making similar disclosures concerning American Axle & Manufacturing Holdings, Inc. No further information on derivatives or stock-settled agreements has been noted.

All required disclosures have been duly submitted, without any associated indemnity or formal agreements influencing transactions. The disclosure aims to comply with regulatory standards and provide transparency in market activities.