Dowlais Group PLC has received a notification of major holdings from BlackRock, Inc. The notification, released on 18th July 2024, indicates that BlackRock, Inc. has crossed a certain threshold in terms of voting rights and financial instruments in Dowlais Group PLC. The details of the notification include the reason for the notification, the date on which the threshold was crossed, and the resulting situation on that date.
BlackRock, Inc. currently holds below 5% of voting rights attached to shares and below 5% of voting rights through financial instruments in Dowlais Group PLC. The notification also provides information about the 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.
The notification indicates that BlackRock, Inc. has various controlled undertakings through which the voting rights and financial instruments are effectively held, including BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., BR Jersey International Holdings L.P., and others. The percentages of voting rights and financial instruments held by BlackRock, Inc. through these undertakings are also detailed in the notification.
This notification provides transparency regarding the significant holdings and influence of BlackRock, Inc. in Dowlais Group PLC. It is an important update for investors and stakeholders of Dowlais Group PLC to be aware of the changes in major holdings within the company.