AAM raises Dowlais per-share consideration to 43p cash and 0.0881 AAM shares after share cancellation

Dauch Corp

Dowlais cancelled 27,865,471 shares held by Melrose Employee Share Ownership Trust for nil consideration.
Cash consideration increased from 42p to 43p per Dowlais share; share ratio from 0.0863 to 0.0881 AAM shares.
Total consideration payable by AAM unchanged; adjustment reallocates value from cancelled shares to remaining holders.
Special meeting of AAM stockholders to approve charter amendment and share issuance scheduled for July 15, 2025.
FY24 final dividend of 2.8p per Dowlais share paid on May 29, 2025.

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