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Vanguard Group's Holdings in Dowlais Group and American Axle

The Vanguard Group, Inc. has disclosed its ownership interests in Dowlais Group plc, holding 73,128,340 ordinary shares, equivalent to 5.44% of the company's securities. The disclosure aligns with Rule 8.3 of the Takeover Code, focusing on securities representing 1% or more interest.

The position reflects disclosure as of February 28, 2025. In addition to Dowlais Group, Vanguard is reporting disclosures related to American Axle & Manufacturing Holdings, Inc., indicating a broader interest in relevant securities.

Vanguard also executed a sale of 269,589 of Dowlais's ordinary shares at a unit price of 0.69 GBP. There are no significant agreements or derivatives beyond this transaction, highlighting a straightforward reporting of shareholding and minor trading activity.

R. H.

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