Dowlais Group PLC has received a notification of major holdings from BlackRock, Inc. The notification, released on 15th April 2024, indicates that BlackRock, Inc. has crossed a threshold, holding 5.02% of voting rights in Dowlais Group PLC. This includes 4.38% of voting rights attached to shares and 0.64% of voting rights through financial instruments. The total number of voting rights held by BlackRock, Inc. in Dowlais Group PLC is 70,124,376.
The notification also details the chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held by BlackRock, Inc. This includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and several others.
The information provided in the notification is in accordance with the TR-1: Standard form for notification of major holdings. It includes the date on which the threshold was crossed, the total positions of the person(s) subject to the notification obligation, and the details of the resulting situation on the date on which the threshold was crossed or reached.
The notification provides a comprehensive overview of the acquisition or disposal of voting rights and financial instruments by BlackRock, Inc. in Dowlais Group PLC. This information is crucial for stakeholders and investors to understand the changes in major holdings within the company.