The Vanguard Group Discloses Stake in Direct Line Insurance Group

The Vanguard Group, Inc. has submitted a Form 8.3 disclosure related to its interests in Direct Line Insurance Group plc. The disclosure, dated January 13, 2025, details Vanguard's holding of 71,970,143 ordinary shares, representing a 5.49% stake in the company. This disclosure complies with Rule 8.3 of the Takeover Code, which requires public disclosure by persons with an interest in 1% or more of relevant securities.

Vanguard engaged in recent trading activity, purchasing 63,089 shares at £2.55 per unit while selling 126,752 shares at £2.54 per unit. The document notes no cash-settled derivatives or other indemnity agreements related to Direct Line Insurance. Additionally, no supplemental Form 8 regarding open positions was attached, and there are no agreements influencing voting rights or future securities transactions.