News

Man Group PLC Reports Stakes in Dowlais Group with Transparency

Man Group PLC Reports Stakes in Dowlais Group with Transparency

Public Disclosure by Man Group PLC

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser: Man Group PLC

(b) Owner or controller of interests and short positions disclosed:

This section is currently not applicable or specified.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Dowlais Group plc

(d) If an exempt fund manager connected with an offeror/offeree:

This section is currently not applicable or specified.

(e) Date position held/dealing undertaken:

Latest practicable date is noted for the disclosure.

(f) In addition to the company named above, is the discloser making disclosures in respect of any other party to the offer?

YES
Offeror: American Axle & Manufacturing Holdings, Inc.

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are multiple classes of relevant securities, similar tables apply.

(a) Interests and short positions in relevant securities of the offeror or offeree following the dealing:

Class of relevant security: 1p ordinary

TOTAL: 22,041,178.00 (1.67% ownership)

3. DEALINGS (IF ANY) BY MAN GROUP PLC

Overview of dealings in relevant securities is provided.

Purchases and sales

Details provided on notable transactions.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements:

No indemnity or other arrangements are applicable.

(b) Agreements, arrangements or understandings relating to options or derivatives:

No agreements or arrangements relating to voting rights or derivatives are recorded.

(c) Attachments:

No supplemental form regarding open positions is attached.

Date of disclosure: Latest information recorded for public awareness.

Contact name: Molly Childs

Telephone number: +442071443714

The importance of compliance with Rule 8 of the Code is emphasized, highlighting the role of the Regulatory Information Service in ensuring transparency in disclosures.

Frequently Asked Questions

What is the main purpose of this disclosure?

The disclosure aims to inform the market about significant interests in securities held by Man Group PLC concerning Dowlais Group plc.

Why are positions disclosed?

Disclosure ensures transparency and compliance with regulatory standards, enabling informed market decisions.

Who is affected by this disclosure?

Investors and stakeholders interested in the performance and ownership structure of the mentioned companies.

What information must be disclosed under the Takeover Code?

Entities must report their ownership and any relevant transactions in significant securities, along with timing details.

How can one contact Man Group PLC for further inquiries?

Inquiries can be directed to Molly Childs via telephone at +442071443714.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Pudu Robotics Showcases Expansive Portfolio at IFA 2026

Updated Category News Views 1

Robotics in the Spotlight: Pudu's Grand European Entry Well, you don't see this every day—Pudu Robotics, a name riding high in the robotics sphere, is strutting its stuff over at IFA 2026 in Berlin. This ain't just a teaser, folks. They're unloading the whole toolkit, diving head-first into the European market. From gears turning in service delivery bots to industrial...

Continue Reading
Acepodia's ACE723 Clears FDA Hurdle for Hepatocellular Push

Updated Category News Views 5

Unexpected Developments from Acepodia Folks keeping a keen eye on the biotech scene might just raise an eyebrow at Acepodia's latest move. The FDA has given their nod to ACE723, an ambitious dual-payload antibody-drug conjugate (ADC) designed to wrangle with those stubborn cases of unresectable or metastatic hepatocellular carcinoma (HCC). This isn't just another day in...

Continue Reading
Agroz: Awards Fuel Momentum in AgriTech Sphere

Updated Category News Views 3

Agroz Surging Ahead with Global Acclaim There's a new breeze blowing through the AgTech industry, and it's carrying Agroz Inc. (NASDAQ: AGRZ) straight to the top. Fresh off the back of snagging several prestigious international awards, this vertically integrated agricultural tech powerhouse is making waves not just in Malaysia, but on the global stage. Top of the FoodTech...

Continue Reading
China, Nepal Partner on Disaster Relief Amid Challenges

Updated Category News Views 2

Mountains of Data Amid Mudslide Mayhem One flip of fate and a remote region of Nepal is left scrambling, buried under a cascade of rock and ice. The August 26 mudslide, brewed by a high-altitude glacier giving way, dug deep into the landscapes bordering China and Nepal. Now, it's a hard-nosed reality where human lives, landscapes, and diplomatic ties get tossed around....

Continue Reading
Planes Moving Seizing Growth in Cincinnati-Dayton Corridor

Updated Category News Views 2

Strategic Movements in the Logistics Arena Putting wheels to brilliant moves, Planes Moving & Storage of Dayton is tweaking its operations with a big change in scenery—expect the dynamics in the Cincinnati-Dayton corridor to really start popping. Now, if you’ve ever skimmed the logistics world, you know it’s a place where shuffles can be seismic, and relocating...

Continue Reading
Labcorp Faces Lawsuit: Wiretapping Accusations Surface

Updated Category News Views 1

Labcorp's Legal Tangle Unveiled One minute you're on Labcorp's website searching for medical info, the next you're caught up in a class-action legal whirlwind. Legal drama is not on any patient’s checklist, but here we are, with Labcorp knee-deep in some serious allegations. The crux of the matter points to alleged wiretapping violations, with claims that Labcorp,...

Continue Reading
Hims & Hers Faces Lawsuit as FTC Alleges Privacy Breach

Updated Category News Views 2

FTC Cracks Down on Hims & Hers Privacy Practices Most folks don't wake up wanting to find their investments tangled in legal drama. But here we are with Hims & Hers Health (NYSE: HIMS), facing fire from the Federal Trade Commission (FTC). They’re being called out for allegedly spilling the beans on users' sensitive health data—something they claimed to keep under...

Continue Reading
Baseus Debuts Innovations at IFA 2026: Earbuds to Security

Updated Category News Views 4

Baseus Pumps New Blood into Tech Gadgets Well, if you're looking for some fresh tech pumping in from Berlin, Baseus tossed out some intriguing gizmos at IFA 2026 that'll perk up your ears. We're looking at an evolution from a brand that's clawed its way from everyday accessories to a full-blown tech ecosystem—pretty ambitious, if you ask me. Baseus isn't playing small...

Continue Reading
Vobile Teams Up with UNN for AI Factories in Brunei

Updated Category News Views 3

Delving into Vobile's Latest Strategic Move Vobile, a heavyweight in digital content protection based out of Santa Clara, California, has hit the headlines with a new venture. They've inked a strategic cooperation and commercial agreements with Unified National Networks (UNN) of Brunei Darussalam to construct AI factories. This ain't your run-of-the-mill news, folks. It's...

Continue Reading
York Space Systems Faces Class Action Headwinds

Updated Category News Views 2

York Space Systems: Under Legal Fire You ever hear the one about York Space Systems? Yeah, their ticker YSS is buzzing for all the wrong reasons. Not even a year out from their IPO, and already they're tangled in a class action lawsuit that's got investors with their heads in their hands. ClaimsFiler, a shareholder information outfit, just blasted out a reminder for...

Continue Reading

Top 5 Most Recently Viewed Articles

End of an Era: Vanguard S&P 500 ETF Sees Major Outflows

Updated Category News Views 399

Recent Shift in ETF Investment Trends In a surprising turn of events, a remarkable streak of inflows into the Vanguard S&P 500 ETF has come to an abrupt halt in June. Despite the S&P 500 reaching fresh all-time highs, the ETF has experienced a staggering $5.69 billion in outflows, marking the first monthly net redemption since December 2022 and the second-largest outflow...

Continue Reading
TMT Acquisition Corp: Trust Account Contributions for Extensions

Updated Category News Views 48

TMT Acquisition Corp (Nasdaq: TMTCU, TMTC, and TMTCR) is gearing up for some pivotal moves as it seeks to stretch its timeline for potential business combinations. This isn’t just a minor tweak; this is about laying down the groundwork that could dictate its future trajectory in the volatile waters of mergers and acquisitions. Game Plan for Extension Amendments Here’s...

Continue Reading
Lithia & Driveway (LAD) Enhances Market Presence Through Growth

Updated Category News Views 138

Lithia & Driveway (LAD) Strengthens Its Market Position Lithia & Driveway (NYSE: LAD) is making significant strides in the automotive retail sector with a recent share repurchase update and strategic acquisition plans. This initiative not only showcases their commitment to increasing shareholder value but also highlights their expansion efforts in the Canadian market....

Continue Reading
Caisse Française de Financement Local Launches New EMTN Issuance

Updated Category News Views 144

Introduction to Caisse Française de Financement Local's EMTN Issuance Caisse Française de Financement Local is embarking on an exciting journey with their latest issuance of Euro 150,000,000 Fixed Rate Obligations Foncières. This decision marks another significant step in their ongoing commitment to solidify their presence in the financial market. Details of the New...

Continue Reading
Anticipating Growth: PCL Construction’s 2026 Vision Unveiled

Updated Category News Views 188

PCL Construction Shares Vision for 2026 PCL Construction Enterprises, Inc. has released its outlook for the upcoming year, illustrating the landscape of opportunities and challenges in the construction industry. The report emphasizes that while the overall commercial construction sector is predicted to see a modest growth of 2.6%, several key areas, including data...

Continue Reading