Dowlais Group PLC Holding(s) in Company (3483A)

TIDMDWL

RNS Number : 3483A

Dowlais Group PLC

23 May 2023

Dowlais Group plc

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BMWRZ071

Issuer Name

DOWLAIS GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

The Capital Group Companies, Inc.

City of registered office (if applicable)

Los Angeles

Country of registered office (if applicable)

USA

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

19-May-2023

6. Date on which Issuer notified

22-May-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                16.040000               0.000000                16.040000               223493512 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            15.810000               0.000000                15.810000 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BMWRZ071 Common 
 Stock                     0                       223493512               0.000000                16.040000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              223493512                                       16.040000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled      % of voting rights if   % of voting rights     Total of both if it 
person                   undertaking             it equals or is higher  through financial      equals or is higher 
                                                 than the notifiable     instruments if it      than the notifiable 
                                                 threshold               equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
                            Capital Research 
   The Capital Group         and Management 
    Companies, Inc.          Company                15.940000                                      15.940000% 
                         ======================  ======================  =====================  ====================== 
   The Capital Group        Capital 
   Companies, Inc.          International, Inc. 
                         ======================  ======================  =====================  ====================== 
   The Capital Group        Capital 
   Companies, Inc.          International Sarl 
                         ======================  ======================  =====================  ====================== 
                            Capital World 
                             Growth and Income 
                             Fund ( a mutual 
                             fund managed by 
                             Capital Research 
   The Capital Group         and Management 
    Companies, Inc.          Company)               5.230000                                       5.230000% 
                         ======================  ======================  =====================  ====================== 
                            EuroPacific Growth 
                             Fund (a mutual 
                             fund managed by 
                             Capital Research 
   The Capital Group         and Management 
    Companies, Inc.          Company)               7.720000                                       7.720000% 
                         ======================  ======================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of six investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Sàrl, Capital International K.K., Capital Group Private Client Services Inc, and Capital Group Investment Management Private Limited. CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

12. Date of Completion

22-May-2023

13. Place Of Completion

Los Angeles

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May 23, 2023 04:46 ET (08:46 GMT)