The Vanguard Group Discloses 5.44% Stake in Dowlais Group

The Vanguard Group, Inc. has disclosed an opening position in Dowlais Group plc, holding 73,122,878 ordinary shares, representing a 5.44% interest. This disclosure, made under Rule 8.3 of the Takeover Code, reveals significant involvement by Vanguard in Dowlais. The position was held as of April 1, 2025. Additionally, the firm is involved in disclosures concerning American Axle & Manufacturing Holdings, Inc.

Vanguard's recent transaction includes the purchase of 8,802 1p ordinary shares at 0.61 GBP per share on the same date. The disclosure clarifies there are no other securities agreements, arrangements, or derivatives dealings. The absence of additional positions simplifies the transaction profile for Dowlais securities as part of New York-based Vanguard's investment strategy.