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The Vanguard Group Reports Stake in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position regarding Dowlais Group plc, according to Form 8.3 filed on June 27, 2025. As per the filing, Vanguard holds 72,605,769 ordinary shares in Dowlais Group, representing a 5.51% interest. This disclosure is made under Rule 8.3 of the Takeover Code, pertaining to stakeholders with interests exceeding 1%.

The filing also notes dealings in additional securities connected to American Axle & Manufacturing Holdings, Inc. A recent transaction involved Vanguard purchasing 37,397 ordinary shares of Dowlais at 0.67 GBP per share.

No further positions in cash-settled derivatives or other agreements were reported, and no supplemental forms were attached. There are no disclosed agreements or commitments related to securities voting rights or trading inducements. The contact for further information is Shawn Acker at The Vanguard Group.

R. P.

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