The Vanguard Group Discloses Stake in Dowlais Group

The Vanguard Group, Inc. has revealed its position in Dowlais Group plc through a Form 8.3 disclosure. As of October 3, 2025, Vanguard holds 72,724,372 ordinary shares, representing a 5.52% stake in Dowlais. The disclosure also touches on interests with American Axle & Manufacturing Holdings, Inc.

The document provides details of the dealings, including the sale of 11,126 ordinary shares at a price of 0.81 GBP per share. Vanguard's disclosure reports no cash-settled derivatives, stock-settled derivatives, or agreements tied to these transactions. Additionally, there are no indemnities, options, or arrangements that might influence such dealings.

The disclosure does not include any supplemental forms regarding open positions, meaning all current positions are disclosed within this document. Shawn Acker is listed as the contact for further inquiries.