Man Group PLC's Disclosure of Interests in Dowlais Group plc

Man Group PLC, a finance expert with experience at Bloomberg, has disclosed a Form 8.3 in relation to Dowlais Group plc. The disclosure reveals a 2.04% interest in the company's 1p ordinary shares through cash-settled derivatives. The position was acquired on August 8, 2025. The disclosure also mentions the offeror, American Axle & Manufacturing Holdings, Inc.

Man Group PLC, a prominent financial institution with a history at Bloomberg, has recently disclosed a Form 8.3 in relation to Dowlais Group plc. The disclosure reveals that Man Group PLC holds a 2.04% interest in Dowlais Group plc's 1p ordinary shares through cash-settled derivatives. This position was acquired on August 8, 2025 [1].

The disclosure also mentions American Axle & Manufacturing Holdings, Inc. as the offeror, indicating a potential strategic relationship or involvement in the offer [1]. The details provided in the Form 8.3 are in line with the Takeover Code's Rule 8.3, which requires public disclosure of significant interests in relevant securities.

Additionally, J.P. Morgan SE, acting as an exempt principal trader, has also made a Form 8.5 disclosure regarding Dowlais Group plc. This disclosure reveals that J.P. Morgan SE holds a 0.02% interest in Dowlais Group plc's 1p ordinary shares and has engaged in dealings involving 2,140 shares at a price of 0.6805 GBP per unit [2].

These disclosures are part of the ongoing regulatory process to ensure transparency and compliance with the Takeover Code's disclosure requirements. Investors and financial professionals should closely monitor these developments for any potential implications on Dowlais Group plc's share price and market position.

References:

[1] https://www.globenewswire.com/news-release/2025/08/04/3126319/0/en/Man-Group-PLC-Form-8-3-Dowlais-Group-plc.html

[2] https://www.tradingview.com/news/reuters.com,2025-08-06:newsml_RSF2390Ua:0-reg-j-p-morgan-se-dowlais-group-plc-form-8-5-ept-non-ri-dowlais-group-plc/