Vanguard Discloses Key Positions in Dowlais Group

The Vanguard Group, Inc. has issued a Form 8.3 disclosure under Rule 8.3 of the Takeover Code, revealing its significant holdings in Dowlais Group plc. As of October 16, 2025, Vanguard holds 72,580,835 ordinary shares, representing 5.51% of the company's relevant securities. This disclosure involves dealings including the purchase of 8,496 shares and the sale of 11,158 shares at 0.76 GBP per share. Vanguard's position disclosure also pertains to American Axle & Manufacturing Holdings, Inc.

No options or derivative positions, nor any indemnity or option arrangements are reported. The disclosure confirms that there are no agreements affecting the voting rights or future transactions concerning these securities. For further details or clarifications, interested parties are directed to contact Shawn Acker at the provided number.