Dowlais Group PLC received a notification of major holdings from The Capital Group Companies, Inc., a U.S.-based investment management company. The notification, dated 05-Apr-2024, indicated that The Capital Group Companies, Inc. now holds 10.930000% of voting rights attached to shares in Dowlais Group PLC, representing 152308815 voting rights.
The Capital Group Companies, Inc. is the parent company of Capital Research and Management Company (CRMC), which manages equity assets for various investment companies through its divisions. Additionally, CRMC is the parent company of Capital Group International, Inc. (CGII), which oversees six investment management companies primarily serving institutional and high net worth clients. It's important to note that neither The Capital Group Companies, Inc. nor any of its affiliates own shares of Dowlais Group PLC for its own account. The shares reported in the notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.
This notification provides insight into the significant holdings and the structure of ownership within Dowlais Group PLC, offering transparency into the company's shareholder landscape.