Vanguard Group Discloses Position in American Axle & Manufacturing

On October 10, 2025, The Vanguard Group, Inc. issued a Form 8.3 disclosure, revealing its significant interest in American Axle & Manufacturing Holdings, Inc. This disclosure is made in accordance with Rule 8.3 of the Takeover Code, requiring entities with interests of 1% or more in relevant securities to disclose their positions. Vanguard disclosed holding 8,891,991 common shares of USD 0.01, representing a 7.49% interest in American Axle.

The disclosure also mentions Dowlais Group plc in relation to the offer. On October 9, 2025, Vanguard reported purchasing an additional 15,050 shares of American Axle at a price of 5.69 USD per unit. No other derivatives or agreements influencing American Axle securities were reported. The disclosure asserts that no other arrangements or agreements regarding voting rights or future dispositions exist.