on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Interest in Dowlais Group plc
The Vanguard Group, Inc. has disclosed its stake in Dowlais Group plc. According to Form 8.3, filed on April 30, 2025, Vanguard holds 5.44% of Dowlais' ordinary shares, amounting to 73,101,475 shares. The disclosure aligns with Rule 8.3 of the Takeover Code, requiring transparency from those holding significant positions in relevant securities.
The document specifies that Vanguard has no cash-settled or stock-settled derivatives linked to Dowlais' shares. It reports a recent sale of 57,223 shares at 0.57 GBP each. This transaction represents Vanguard’s ongoing dealings in Dowlais Group's securities, recorded up to April 29, 2025.
No additional agreements or derivative-related arrangements were disclosed. The information highlights Vanguard’s voting influence within Dowlais Group, amidst their dealings and interest in American Axle & Manufacturing Holdings, Inc. as well.
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