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

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

24-Apr-2023

6. Date on which Issuer notified

26-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	0.284228	0.694702	0.978930	13639132
Position of previous notification (if applicable)	1.565491	6.196644	7.762135

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		3960070		0.284228
Sub Total 8.A	3960070		0.284228%

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		8604537	0.617577
Sub Total 8.B1			8604537	0.617577%

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	18-Dec-2026		Cash	410515	0.029464
Future	17-Dec-2027		Cash	317470	0.022786
Call Option	15-Dec-2023		Cash	56614	0.004063
Call Option	15-Dec-2023		Cash	21103	0.001515
Future	16-Jun-2023		Cash	19029	0.001366
Call Option	15-Dec-2023		Cash	14154	0.001016
Call Option	15-Dec-2023		Cash	13943	0.001001
Call Option	19-Dec-2025		Cash	9358	0.000672
Call Option	15-Dec-2023		Cash	9228	0.000662
Call Option	15-Dec-2023		Cash	8526	0.000612
Call Option	19-Dec-2025		Cash	7906	0.000567
Put Option	15-Dec-2023		Cash	7420	0.000533
Call Option	16-Jun-2023		Cash	7416	0.000532
Put Option	15-Dec-2023		Cash	7282	0.000523
Call Option	16-Jun-2023		Cash	6974	0.000501
Call Option	20-Dec-2024		Cash	6697	0.000481
Call Option	15-Dec-2023		Cash	6394	0.000459
Call Option	15-Dec-2023		Cash	5908	0.000424
Call Option	15-Dec-2028		Cash	5561	0.000399
Call Option	15-Dec-2028		Cash	5538	0.000397
Forward	16-Jun-2023		Cash	5157	0.000370
Call Option	20-Dec-2030		Cash	4876	0.000350
Call Option	16-Jun-2023		Cash	4513	0.000324
Call Option	15-Dec-2023		Cash	4426	0.000318
Call Option	15-Dec-2023		Cash	4263	0.000306
Call Option	18-Aug-2023		Cash	3869	0.000278
Call Option	20-Dec-2024		Cash	3480	0.000250
Put Option	02-Dec-2024		Cash	3480	0.000250
Call Option	21-Jun-2024		Cash	3460	0.000248
Call Option	19-Dec-2025		Cash	2605	0.000187
Call Option	21-Aug-2023		Cash	2534	0.000182
Call Option	21-Aug-2023		Cash	2534	0.000182
Call Option	21-Aug-2023		Cash	2534	0.000182
Put Option	21-Jun-2024		Cash	2414	0.000173
Put Option	19-Dec-2025		Cash	2360	0.000169
Call Option	16-Jun-2023		Cash	2298	0.000165
Call Option	21-Feb-2025		Cash	2285	0.000164
Future	16-Jun-2023		Cash	2202	0.000158
Put Option	19-Dec-2025		Cash	2190	0.000157
Call Option	20-Sep-2023		Cash	1948	0.000140
Call Option	20-Sep-2023		Cash	1948	0.000140
Call Option	20-Sep-2023		Cash	1948	0.000140
Put Option	15-Dec-2023		Cash	1933	0.000139
Call Option	22-May-2026		Cash	1881	0.000135
Put Option	15-Dec-2028		Cash	1867	0.000134
Put Option	15-Dec-2028		Cash	1859	0.000133
Put Option	15-Dec-2023		Cash	1855	0.000133
Call Option	15-Dec-2028		Cash	1854	0.000133
Call Option	22-May-2028		Cash	1849	0.000133
Call Option	01-Apr-2026		Cash	1791	0.000129
Call Option	20-Jul-2026		Cash	1712	0.000123
Call Option	20-Dec-2030		Cash	1602	0.000115
Call Option	17-Dec-2032		Cash	1557	0.000112
Call Option	07-Aug-2023		Cash	1551	0.000111
Call Option	07-Aug-2023		Cash	1551	0.000111
Call Option	07-Aug-2023		Cash	1551	0.000111
Call Option	18-Dec-2026		Cash	1439	0.000103
Put Option	21-Jun-2024		Cash	1345	0.000097
Call Option	02-Feb-2026		Cash	1258	0.000090
Call Option	02-Feb-2026		Cash	1258	0.000090
Call Option	02-Feb-2026		Cash	1258	0.000090
Call Option	10-Sep-2026		Cash	1177	0.000084
Forward	16-Jun-2023		Cash	1166	0.000084
Future	16-Jun-2023		Cash	1049	0.000075
Put Option	19-Dec-2025		Cash	1001	0.000072
Put Option	20-Dec-2024		Cash	957	0.000069
Put Option	15-Dec-2023		Cash	940	0.000067
Call Option	22-Feb-2027		Cash	905	0.000065
Forward	16-Jun-2023		Cash	900	0.000065
Put Option	20-Dec-2030		Cash	892	0.000064
Call Option	30-Apr-2029		Cash	862	0.000062
Call Option	26-Oct-2026		Cash	748	0.000054
Future	16-Jun-2023		Cash	734	0.000053
Put Option	02-Feb-2026		Cash	699	0.000050
Put Option	02-Feb-2026		Cash	699	0.000050
Put Option	02-Feb-2026		Cash	699	0.000050
Call Option	08-Apr-2024		Cash	699	0.000050
Future	16-Jun-2023		Cash	682	0.000049
Call Option	19-Dec-2025		Cash	665	0.000048
Put Option	15-Dec-2028		Cash	627	0.000045
Put Option	19-Dec-2025		Cash	575	0.000041
Put Option	20-Dec-2024		Cash	569	0.000041
Call Option	20-Dec-2030		Cash	516	0.000037
Call Option	08-Apr-2025		Cash	476	0.000034
Put Option	20-Dec-2024		Cash	455	0.000033
Forward	16-Jun-2023		Cash	437	0.000031
Put Option	20-Dec-2024		Cash	413	0.000030
Forward	16-Jun-2023		Cash	411	0.000030
Call Option	12-Jul-2024		Cash	384	0.000028
Put Option	16-Jun-2023		Cash	376	0.000027
Future	16-Jun-2023		Cash	367	0.000026
Future	16-Jun-2023		Cash	367	0.000026
Future	16-Jun-2023		Cash	367	0.000026
Call Option	10-Jan-2029		Cash	335	0.000024
Forward	16-Jun-2023		Cash	333	0.000024
Call Option	12-May-2025		Cash	330	0.000024
Call Option	28-Jun-2028		Cash	319	0.000023
Call Option	20-Jul-2026		Cash	309	0.000022
Call Option	22-Feb-2027		Cash	272	0.000020
Put Option	15-Dec-2023		Cash	271	0.000019
Forward	16-Jun-2023		Cash	271	0.000019
Forward	16-Jun-2023		Cash	271	0.000019
Forward	02-May-2023		Cash	265	0.000019
Call Option	30-Jun-2028		Cash	262	0.000019
Put Option	20-Dec-2024		Cash	245	0.000018
Call Option	28-Mar-2025		Cash	225	0.000016
Future	16-Jun-2023		Cash	210	0.000015
Put Option	15-Dec-2023		Cash	209	0.000015
Forward	16-Jun-2023		Cash	208	0.000015
Call Option	28-Jun-2028		Cash	204	0.000015
Put Option	19-Dec-2025		Cash	201	0.000014
Forward	16-Jun-2023		Cash	193	0.000014
Put Option	15-Dec-2028		Cash	188	0.000013
Forward	16-Jun-2023		Cash	182	0.000013
Forward	16-Jun-2023		Cash	182	0.000013
Call Option	31-Jul-2028		Cash	170	0.000012
Call Option	02-Nov-2027		Cash	168	0.000012
Forward	16-Jun-2023		Cash	167	0.000012
Call Option	28-Mar-2025		Cash	158	0.000011
Call Option	02-Feb-2026		Cash	152	0.000011
Call Option	02-Feb-2026		Cash	152	0.000011
Call Option	02-Feb-2026		Cash	152	0.000011
Call Option	02-Nov-2028		Cash	113	0.000008
Future	16-Jun-2023		Cash	105	0.000008
Future	16-Jun-2023		Cash	105	0.000008
Call Option	20-Apr-2028		Cash	80	0.000006
Call Option	02-Nov-2027		Cash	75	0.000005
Call Option	10-Jan-2028		Cash	52	0.000004
Future	16-Jun-2023		Cash	52	0.000004
Future	16-Jun-2023		Cash	52	0.000004
Call Option	31-Jul-2028		Cash	50	0.000004
Call Option	11-Mar-2027		Cash	44	0.000003
Call Option	28-Mar-2025		Cash	32	0.000002
Call Option	02-Nov-2028		Cash	8	0.000001
Call Option	28-Mar-2025		Cash	8	0.000001
Sub Total 8.B2				1074525	0.077125%

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.
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs Group UK Limited
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs International
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 (UK) L.L.C.
The Goldman Sachs Group, Inc. (Chain 4)	Goldman Sachs Group UK Limited
The Goldman Sachs Group, Inc. (Chain 4)	Goldman Sachs International Bank
The Goldman Sachs Group, Inc. (Chain 5)
The Goldman Sachs Group, Inc. (Chain 5)	GS Finance Corp.
The Goldman Sachs Group, Inc. (Chain 6)
The Goldman Sachs Group, Inc. (Chain 6)	Goldman Sachs Financial Markets L.L.C.
The Goldman Sachs Group, Inc. (Chain 6)	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

26-Apr-2023

13. Place Of Completion

Warsaw

 

END