Dowlais Group PLC — Major Shareholding Notification 2025

Sep 15, 2025

National Storage Mechanism | Additional information

RNS Number : 3206Z

Dowlais Group PLC

15 September 2025

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

Other

Comments

Legal Entity level crossing - See Section 9

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

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

11-Sep-2025

6. Date on which Issuer notified

12-Sep-2025

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

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	1.239882	10.461432	11.701314	154066367
Position of previous notification (if applicable)	0.553190	10.460486	11.013676

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 ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BMWRZ071		16325020		1.239882
Sub Total 8.A	16325020		1.239882%

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

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Right to Recall	n/a	n/a	888583	0.067488
Physical Swaps	19/02/2026	n/a	11386000	0.864765
Physical Swaps	23/02/2026	n/a	9074000	0.689169
Sub Total 8.B1			21348583	1.621422%

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

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Swaps	22/10/2025	n/a	Cash	26136000	1.985025
Swaps	06/01/2026	n/a	Cash	38143898	2.897023
Swaps	16/02/2026	n/a	Cash	11324	0.000860
Swaps	02/04/2026	n/a	Cash	21226000	1.612111
Swaps	02/06/2026	n/a	Cash	758151	0.057581
Swaps	08/06/2026	n/a	Cash	939145	0.071328
Swaps	26/06/2026	n/a	Cash	9414531	0.715032
Swaps	30/06/2026	n/a	Cash	969192	0.073610
Swaps	06/07/2026	n/a	Cash	1951412	0.148209
Swaps	13/07/2026	n/a	Cash	6854172	0.520573
Swaps	16/07/2026	n/a	Cash	5985	0.000455
Swaps	20/07/2026	n/a	Cash	29945	0.002274
Swaps	29/07/2026	n/a	Cash	2	0.000000
Swaps	31/07/2026	n/a	Cash	5700000	0.432914
Swaps	03/08/2026	n/a	Cash	1689467	0.128315
Swaps	10/08/2026	n/a	Cash	1227	0.000093
Swaps	17/08/2026	n/a	Cash	1730043	0.131396
Swaps	07/09/2026	n/a	Cash	113391	0.008612
Swaps	28/09/2026	n/a	Cash	26155	0.001986
Swaps	30/10/2026	n/a	Cash	299495	0.022747
Swaps	15/02/2028	n/a	Cash	393229	0.029866
Sub Total 8.B2				116392764	8.840010%

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 person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation	Bank of America, National Association		4.606895	4.606895%
Bank of America Corporation	BofA Securities, Inc.
Bank of America Corporation	Merrill Lynch International		4.852375	6.092248%
Bank of America Corporation	BofA Securities Europe SA

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

12. Date of Completion

12-Sep-2025

13. Place Of Completion

United Kingdom

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

HOLGPURWBUPAUMA