Recommended cash and share combination of dowlais group plc with american axle & manufacturing holdings, inc.

Transaction update: dowlais shareholders approve proposed combination detroit , july 22, 2025 /prnewswire/ -- american axle & manufacturing holdings, inc. ("aam"), (nyse: axl) announced today that at the court meeting (the "court meeting") and the general meeting (the "general meeting") held earlier today by dowlais group plc ("dowlais"), the requisite majority of scheme shareholders voted to approve the scheme arrangement at the court meeting and the requisite majority of dowlais shareholders voted to approve the special resolution put forth at the general meeting, each of which meeting was held in connection with aam's offer, announced on january 29, 2025, to acquire the entire issued and to be issued share capital of dowlais (the "combination"). the dowlais shareholder approval today follows aam stockholder approval on july 15, 2025 of all proposals related to the combination put forth to the vote of aam stockholders.
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