Dowlais Group PLC

Major Shareholding Notification • Nov 24, 2025

National Storage Mechanism | Additional information

RNS Number : 7747I

Dowlais Group PLC

24 November 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

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

JPMorgan Chase & Co.

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Name	City of registered office	Country of registered office
J.P. Morgan Securities plc

5. Date on which the threshold was crossed or reached

20-Nov-2025

6. Date on which Issuer notified

24-Nov-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	6.338845	0.730499	7.069344	93079988
Position of previous notification (if applicable)	5.895026	0.727134	6.622160

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		83461051		6.338845
Sub Total 8.A	83461051		6.338845%

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
Sub Total 8.B1

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
Cash-settled Equity Swap	02/12/2025	02/12/2025	Cash	30745	0.002330
Cash-settled Equity Swap	17/12/2025	17/12/2025	Cash	27579	0.002089
Cash-settled Equity Swap	19/01/2026	19/01/2026	Cash	48929	0.003713
Cash-settled Equity Swap	03/02/2026	03/02/2026	Cash	5461	0.000414
Cash-settled Equity Swap	18/02/2026	18/02/2026	Cash	16514	0.001252
Cash-settled Equity Swap	18/03/2026	18/03/2026	Cash	148200	0.011253
Cash-settled Equity Swap	05/05/2026	05/05/2026	Cash	995	0.000075
Cash-settled Equity Swap	18/05/2026	18/05/2026	Cash	6440241	0.489135
Cash-settled Equity Swap	26/05/2026	26/05/2026	Cash	117336	0.008909
Cash-settled Equity Swap	02/06/2026	02/06/2026	Cash	2230	0.000168
Cash-settled Equity Swap	02/07/2026	02/07/2026	Cash	6862	0.000520
Cash-settled Equity Swap	17/07/2026	17/07/2026	Cash	82159	0.006239
Cash-settled Equity Swap	04/08/2026	04/08/2026	Cash	3948	0.000298
Cash-settled Equity Swap	19/08/2026	19/08/2026	Cash	19626	0.001489
Cash-settled Equity Swap	02/09/2026	02/09/2026	Cash	18422	0.001397
Cash-settled Equity Swap	17/09/2026	17/09/2026	Cash	36807	0.002788
Cash-settled Equity Swap	02/10/2026	02/10/2026	Cash	8283	0.000626
Cash-settled Equity Swap	19/10/2026	19/10/2026	Cash	23992	0.001820
Cash-settled Equity Swap	03/11/2026	03/11/2026	Cash	29891	0.002267
Cash-settled Equity Swap	02/12/2026	02/12/2026	Cash	270	0.000019
Cash-settled Equity Swap	17/12/2026	17/12/2026	Cash	99515	0.007553
Cash-settled Equity Swap	23/12/2026	23/12/2026	Cash	2450692	0.186128
Cash-settled Equity Swap	30/05/2028	30/05/2028	Cash	240	0.000017
Sub Total 8.B2				9618937	0.730499%

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
JPMorgan Chase & Co.	J.P. Morgan Securities plc	6.319531		7.050030%
JPMorgan Chase & Co.	J.P. Morgan SE
JPMorgan Chase & Co.	JPMorgan Chase Bank, National Association
JPMorgan Chase & Co.	J.P. Morgan Securities LLC

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

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan SE (100%)

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

J.P. Morgan Broker-Dealer Holdings Inc. (100%)

J.P. Morgan Securities LLC (100%)

12. Date of Completion

24-Nov-2025

13. Place Of Completion

London, United Kingdom

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