sur The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Reports Position in Dowlais Group plc
The Vanguard Group, Inc. has released a Form 8.3 disclosing its interests in Dowlais Group plc. The filing, dated 1 July 2025, reveals Vanguard's ownership of 5.49% of relevant securities, equating to 72,309,033 ordinary shares of the company. This disclosure is in compliance with Rule 8.3 of the Takeover Code, which mandates public announcement when a person holds an interest representing 1% or more of a company’s securities.
The document also notes dealings in Dowlais Group's securities, including the sale of 296,736 ordinary shares at £0.67 per share. Furthermore, Vanguard is making disclosures for another party involved in the offer: American Axle & Manufacturing Holdings, Inc.
No indemnity arrangements or agreements relating to options and derivatives have been reported by Vanguard in this disclosure. The form is signed by Shawn Acker, whose contact details are provided for further inquiries.
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