Holding(s) in Company

Dowlais Group PLC

26 April 2023

 

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; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

The Goldman Sachs Group, Inc.

City of registered office (if applicable)

Wilmington, Delaware

Country of registered office (if applicable)

USA

4. Details of the shareholder

Name	City of registered office	Country of registered office
Goldman Sachs International	London	United Kingdom

5. Date on which the threshold was crossed or reached

21-Apr-2023

6. Date on which Issuer notified

25-Apr-2023

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	1.565491	6.196644	7.762135	108147773
Position of previous notification (if applicable)

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		21811571		1.565491
Sub Total 8.A	21811571		1.565491%

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
Securities Lending	Open		8242	0.000592
Sub Total 8.B1			8242	0.000592%

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
Future	16-Jun-2023		Cash	65785124	4.721623
Future	15-Dec-2023		Cash	4988371	0.358032
Swap	16-Jun-2023		Cash	3645527	0.261652
Swap	07-Mar-2029		Cash	2799845	0.200954
Swap	07-Oct-2032		Cash	1465138	0.105158
Swap	21-Apr-2033		Cash	914327	0.065624
Future	20-Dec-2024		Cash	771245	0.055355
Call Option	15-Dec-2023		Cash	743151	0.053338
Swap	17-Nov-2032		Cash	543616	0.039017
Swap	11-Oct-2032		Cash	461625	0.033132
Swap	13-Apr-2033		Cash	424128	0.030441
Future	18-Dec-2026		Cash	410734	0.029480
Future	17-Dec-2027		Cash	317513	0.022789
Swap	02-Nov-2023		Cash	280389	0.020125
Swap	09-Feb-2032		Cash	258190	0.018531
Call Option	16-Jun-2023		Cash	256728	0.018426
Swap	15-Nov-2032		Cash	245846	0.017645
Swap	21-May-2024		Cash	238998	0.017154
Call Option	21-Jul-2023		Cash	236168	0.016951
Swap	15-Dec-2023		Cash	176700	0.012682
Put Option	21-Apr-2023		Physical	166665	0.011962
Put Option	15-Dec-2023		Cash	118120	0.008478
Swap	04-Apr-2033		Cash	102000	0.007321
Swap	21-Jun-2032		Cash	93546	0.006714
Swap	06-Nov-2023		Cash	82971	0.005955
Call Option	19-May-2023		Cash	82733	0.005938
Call Option	15-Sep-2023		Cash	39413	0.002829
Swap	14-Apr-2033		Cash	37782	0.002712
Swap	29-Jan-2030		Cash	37764	0.002710
Forward	16-Jun-2023		Cash	33658	0.002416
Swap	17-Aug-2026		Cash	32955	0.002365
Swap	31-Mar-2033		Cash	30035	0.002156
Put Option	16-Jun-2023		Cash	29815	0.002140
Swap	10-Mar-2033		Cash	29194	0.002095
Swap	18-Jan-2033		Cash	29144	0.002092
Put Option	15-Sep-2023		Cash	27742	0.001991
Call Option	20-Dec-2024		Cash	26788	0.001923
Call Option	18-Aug-2023		Cash	24200	0.001737
Put Option	20-Dec-2024		Cash	23436	0.001682
Call Option	19-Dec-2025		Cash	21724	0.001559
Future	19-Dec-2025		Cash	20981	0.001506
Swap	30-Dec-2031		Cash	19141	0.001374
Swap	19-Apr-2033		Cash	16915	0.001214
Put Option	21-Jul-2023		Cash	16356	0.001174
Swap	28-Mar-2033		Cash	16189	0.001162
Future	16-Jun-2023		Cash	15197	0.001091
Swap	12-Oct-2026		Cash	13407	0.000962
Call Option	15-Dec-2028		Cash	12964	0.000930
Put Option	21-Jun-2024		Cash	9060	0.000650
Put Option	15-Mar-2024		Cash	8548	0.000614
Swap	22-Apr-2025		Cash	8334	0.000598
Call Option	21-Aug-2023		Cash	7621	0.000547
Call Option	20-Dec-2030		Cash	6995	0.000502
Put Option	19-Dec-2025		Cash	6816	0.000489
Put Option	23-Jan-2026		Cash	6631	0.000476
Swap	05-Jan-2032		Cash	6087	0.000437
Call Option	20-Sep-2023		Cash	5880	0.000422
Call Option	07-Aug-2023		Cash	4598	0.000330
Call Option	15-Mar-2024		Cash	4598	0.000330
Put Option	15-Dec-2028		Cash	4551	0.000327
Call Option	02-Feb-2026		Cash	4247	0.000305
Put Option	17-Nov-2025		Cash	4178	0.000300
Swap	08-Apr-2027		Cash	4118	0.000296
Call Option	17-Jul-2023		Cash	3596	0.000258
Call Option	21-Jun-2024		Cash	3476	0.000249
Put Option	02-Dec-2024		Cash	3429	0.000246
Put Option	18-Aug-2023		Cash	3410	0.000245
Swap	04-Feb-2027		Cash	3383	0.000243
Put Option	18-Jun-2027		Cash	3314	0.000238
Put Option	03-Feb-2027		Cash	3218	0.000231
Call Option	30-Jun-2023		Cash	2320	0.000167
Call Option	12-May-2023		Cash	2305	0.000165
Call Option	21-Feb-2025		Cash	2260	0.000162
Put Option	02-Feb-2026		Cash	2098	0.000151
Swap	31-Mar-2026		Cash	2059	0.000148
Call Option	20-Jul-2026		Cash	2032	0.000146
Call Option	22-May-2026		Cash	1857	0.000133
Call Option	22-May-2028		Cash	1849	0.000133
Call Option	01-Apr-2026		Cash	1778	0.000128
Call Option	18-Dec-2026		Cash	1720	0.000123
Swap	07-Jul-2027		Cash	1642	0.000118
Put Option	19-Sep-2025		Cash	1600	0.000115
Put Option	20-Dec-2030		Cash	1563	0.000112
Call Option	19-Sep-2025		Cash	1557	0.000112
Call Option	17-Dec-2032		Cash	1553	0.000111
Put Option	19-May-2023		Cash	1424	0.000102
Call Option	10-Sep-2026		Cash	1205	0.000086
Call Option	22-Feb-2027		Cash	1160	0.000083
Swap	23-Mar-2028		Cash	886	0.000064
Call Option	30-Apr-2029		Cash	848	0.000061
Call Option	26-Oct-2026		Cash	717	0.000051
Put Option	06-Jun-2024		Cash	702	0.000050
Call Option	08-Apr-2024		Cash	700	0.000050
Put Option	25-Jun-2026		Cash	678	0.000049
Swap	25-Mar-2024		Cash	630	0.000045
Put Option	17-Sep-2027		Cash	554	0.000040
Put Option	17-Dec-2027		Cash	553	0.000040
Put Option	19-Mar-2027		Cash	543	0.000039
Call Option	28-Jun-2028		Cash	515	0.000037
Put Option	13-Jan-2027		Cash	506	0.000036
Call Option	08-Apr-2025		Cash	478	0.000034
Put Option	18-Dec-2026		Cash	443	0.000032
Put Option	18-Sep-2026		Cash	442	0.000032
Put Option	19-Jun-2026		Cash	435	0.000031
Put Option	20-Mar-2026		Cash	425	0.000031
Put Option	20-Sep-2024		Cash	423	0.000030
Call Option	28-Mar-2025		Cash	422	0.000030
Put Option	20-Jun-2025		Cash	396	0.000028
Call Option	12-Jul-2024		Cash	385	0.000028
Put Option	21-Mar-2025		Cash	381	0.000027
Call Option	10-Jan-2029		Cash	333	0.000024
Call Option	12-May-2025		Cash	329	0.000024
Future	19-Dec-2025		Cash	323	0.000023
Swap	25-Jul-2023		Cash	315	0.000023
Forward	28-Apr-2023		Cash	266	0.000019
Forward	24-Apr-2023		Cash	266	0.000019
Call Option	30-Jun-2028		Cash	264	0.000019
Call Option	02-Nov-2027		Cash	253	0.000018
Call Option	05-May-2023		Cash	237	0.000017
Future	19-Dec-2024		Cash	216	0.000016
Call Option	31-Jul-2028		Cash	210	0.000015
Call Option	02-Nov-2028		Cash	122	0.000009
Swap	10-Feb-2033		Cash	96	0.000007
Call Option	20-Apr-2028		Cash	80	0.000006
Swap	07-Jul-2026		Cash	63	0.000005
Call Option	10-Jan-2028		Cash	54	0.000004
Call Option	11-Mar-2027		Cash	47	0.000003
Swap	03-Aug-2026		Cash	45	0.000003
Future	14-Dec-2023		Cash	36	0.000003
Put Option	20-Oct-2023		Cash	32	0.000002
Swap	21-Apr-2026		Cash	20	0.000001
Swap	20-Apr-2033		Cash	16	0.000001
Swap	20-Apr-2028		Cash	7	0.000001
Sub Total 8.B2				86327960	6.196052%

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
The Goldman Sachs Group, Inc. (Chain 1)
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs (UK) L.L.C.	0.896992	5.732423	6.629415%
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs Group UK Limited	0.896992	5.732423	6.629415%
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs International	0.896992	5.732423	6.629415%
The Goldman Sachs Group, Inc. (Chain 2)
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc. (Chain 3)
The Goldman Sachs Group, Inc. (Chain 3)	GSAM Holdings LLC
The Goldman Sachs Group, Inc. (Chain 3)	Goldman Sachs Asset Management, L.P.
The Goldman Sachs Group, Inc. (Chain 4)
The Goldman Sachs Group, Inc. (Chain 4)	Goldman Sachs Bank USA
The Goldman Sachs Group, Inc. (Chain 4)	Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc. (Chain 5)
The Goldman Sachs Group, Inc. (Chain 5)	Goldman Sachs (UK) L.L.C.
The Goldman Sachs Group, Inc. (Chain 5)	Goldman Sachs Group UK Limited
The Goldman Sachs Group, Inc. (Chain 5)	Goldman Sachs International Bank
The Goldman Sachs Group, Inc. (Chain 6)
The Goldman Sachs Group, Inc. (Chain 6)	GS Finance Corp.
The Goldman Sachs Group, Inc. (Chain 7)
The Goldman Sachs Group, Inc. (Chain 7)	Goldman Sachs Financial Markets L.L.C.
The Goldman Sachs Group, Inc. (Chain 7)	Goldman Sachs Financial Markets, L.P.

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

Please note, the total amount of voting rights have been rounded to 6 decimal places therefore there is a possibility of a rounding error.

General email contact:
[e-mail]

12. Date of Completion

25-Apr-2023

13. Place Of Completion

Warsaw

 

END