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The Vanguard Group, Inc. Discloses Interest in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3, indicating its interest in securities of Dowlais Group plc. As of October 23, 2025, Vanguard holds 72,455,654 ordinary shares, representing 5.50% of the company's securities. The disclosure follows Rule 8.3 of the Takeover Code, highlighting substantial interest in relevant securities.

Additionally, Vanguard disclosed dealings involving the sale of 25,907 shares at 0.82 GBP each. No cash-settled or stock-settled derivatives transactions were reported. The filing also mentions American Axle & Manufacturing Holdings, Inc., showing Vanguard's broader engagement.

No indemnity, option arrangements, or agreements related to these dealings exist, as stated under sections concerning other information. The document lists Shawn Acker as the contact person for further inquiries.

R. P.

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