Dowlais Group PLC has announced that T. Rowe Price, through its subsidiary T. Rowe Price International Ltd, has acquired voting rights in the company. As of February 13, 2024, T. Rowe Price holds 5.319939% of the voting rights, representing a total of 74,121,303 voting rights in Dowlais Group PLC.
This acquisition of voting rights has been notified to the issuer on February 15, 2024. The notification indicates that T. Rowe Price holds these voting rights through direct ownership of shares, with no voting rights through financial instruments.
The disclosure also includes information about the person subject to the notification obligation, T. Rowe Price, and its controlled undertakings. T. Rowe Price Associates, Inc. is identified as the ultimate controlling person, with T. Rowe Price International Ltd holding the voting rights in Dowlais Group PLC.
This notification provides transparency about the increase in voting rights held by T. Rowe Price in Dowlais Group PLC, offering insights into the company's ownership structure and potential influence in decision-making processes.