The Vanguard Group Reports on Dowlais Group Stake

The Vanguard Group, Inc. has disclosed its positions in Dowlais Group plc as per the requirements of the UK Takeover Code. The firm announced holding 72,765,639 shares, representing a 5.53% stake in Dowlais Group. The disclosure also includes American Axle & Manufacturing Holdings, Inc. as an additional party to the interest.

The activity includes small transactions in ordinary shares of Dowlais, with Vanguard purchasing 8,532 shares and selling 923 shares, each priced at 0.94 GBP. No cash-settled or stock-settled derivatives were reported, and there are no known indemnity or dealing arrangements.

This disclosure follows the regulatory requirements for entities with interests of 1% or more in relevant securities. It ensures transparency during any ongoing or potential transactions involving shares of Dowlais Group or affiliated entities.