Key Information on Dowlais Group Plc's Trading Activities
1. KEY INFORMATION
(a) Name of exempt principal trader: Investec Bank plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Dowlais Group Plc
(c) Name of the party to the offer with which exempt principal trader is connected: Investec is Broker to Dowlais Group Plc
(d) Date dealing undertaken: The specific date of the dealing is acknowledged but will not be detailed here.
(e) Is the exempt principal trader making disclosures in respect of any other party to this offer? N/A
Details of Dealings by the Exempt Principal Trader
(a) Purchases and Sales
The transactions undertaken for ordinary shares of Dowlais Group Plc were significant. The exempt principal trader made substantial purchases and sales, with a total number of 281,014 securities involved. The highest price per unit recorded was 56.5, while the lowest was 56.2.
Purchasing Activities
Investec Bank plc executed purchases of the ordinary shares, signaling confidence in Dowlais Group Plc’s performance and potential growth.
Sales Activities
Moreover, the same volume of shares was also sold, reflecting strategic adjustments by the exempt principal trader.
Cash-Settled and Stock-Settled Derivative Transactions
(b) Cash-settled derivative transactions
No transactions were reported in this category, as denoted by N/A across the board indicating no cash-settled derivatives were involved in this trading cycle.
Other Relevant Dealings
(d) Other dealings (including subscribing for new securities)
As with previous dealings, there were no new securities subscribed for or related dealings conducted.
Final Notes and Contact Information
3. OTHER INFORMATION
(a) Indemnity and Dealing Arrangements: There have been no indemnity or option arrangements disclosed, reflecting a straightforward transaction environment.
Agreements and Understanding
No informal agreements or understandings were reported relating to the voting rights or future acquisition of securities in this context.
Date of disclosure: 28th April 2025
Contact Name: Abhishek Gawde
Telephone Number: +91 9923757332
For any regulatory inquiries, the Panel's Market Surveillance Unit is available to discuss any queries related to the Code’s dealing disclosure requirements.
Frequently Asked Questions
1. What transactions were reported for Dowlais Group Plc?
Investec Bank plc reported purchases and sales of a total of 281,014 ordinary shares.
2. What prices were involved in these transactions?
The highest price per unit was 56.5 and the lowest was 56.2.
3. Were there any derivative transactions noted?
No cash-settled derivative transactions were reported during this trading activity.
4. Is there any other party involved in this disclosure?
No, the reporting does not involve any other parties.
5. Whom should I contact for further inquiries?
If you have questions, you can contact Abhishek Gawde at +91 9923757332.
