The Vanguard Group Discloses Position in Dowlais Group

The Vanguard Group, Inc. has released a Form 8.3 disclosure regarding its interests in Dowlais Group plc. As per Rule 8.3 of the Takeover Code, the disclosure involves positions in relevant securities representing 1% or more.

According to the form, Vanguard held 25,146 shares in Dowlais, accounting for 0.00% of relevant securities. Transactions included the purchase of 1p ordinary shares at 0.94 GBP per unit, along with sales of 3,236,064 and 64,357,098 shares at 0.93 GBP and 0.94 GBP per unit respectively.

No indemnity or option arrangements are associated with these securities. Additionally, Vanguard did not attach a Supplemental Form 8 reporting any open stock-settled derivatives or agreements for these positions.