The Vanguard Group Discloses Stake in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3 in compliance with Rule 8.3 of the Takeover Code, revealing a significant interest in the Dowlais Group plc. According to the disclosure, dated 25 June 2025, Vanguard controls 72,568,372 shares of Dowlais, representing 5.51% of the company's ordinary shares.

This disclosure also pertains to another company, American Axle & Manufacturing Holdings, Inc. The filing indicates a recent purchase of 5,824 ordinary shares of Dowlais at a rate of 0.67 GBP per unit. However, no derivative or option arrangements are reported in the disclosure.

Vanguard confirms no existing agreements or understandings concerning voting rights or future transactions involving relevant securities. The disclosure ensures compliance with the regulatory framework governing takeover bids and shareholder activities.