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The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has released a Form 8.3 disclosure revealing their position in Dowlais Group plc under Rule 8.3 of the Takeover Code. As of October 9, 2025, Vanguard holds a 5.51% interest, equivalent to 72,588,544 ordinary shares in Dowlais Group. The disclosure also indicates dealings related to American Axle & Manufacturing Holdings, Inc.

The reporting covers transactions in 1p ordinary shares, including a sale of 135,828 shares at 0.77 GBP each. No cash-settled or stock-settled derivatives were reported. The form states no indemnities or other inducement arrangements concerning relevant securities.

No supplemental forms are attached, and there are no further agreements regarding voting rights or future transactions as per the disclosure dated October 10, 2025.

R. E.

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