21^st October 2024

                                                                                  Dowlais Group plc

("Dowlais" or the "Company")

Transaction in Own Shares

The Company announces today it has purchased the following number of its ordinary shares of 1 penny each through Investec Bank plc ("Investec") as part of its £50 million share buy-back programme.

Ordinary Shares

The Company intends to cancel the purchased shares.

Following the above transaction, the Company holds no ordinary shares in treasury and has 1,364,435,569 ordinary shares in issue.

Therefore, the total number of voting rights in the Company will be 1,364,435,569 and this figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

Aggregate information:

Individual Transactions

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law, a full breakdown of the individual trades made by Investec on behalf of the Company as part of the Programme is detailed below:

For further information please contact:

Julie McLeod           Deputy Company Secretary              +44 (0)204 551 3383

Pier Falcione           Head of Investor Relations                investor.relations@dowlais.com

LEI number of Dowlais Group plc: 213800XM8WOFLY6VPC92