Vanguard Discloses Position in Direct Line Insurance Group

The Vanguard Group, Inc. has made a disclosure under Rule 8.3 of the Takeover Code, revealing its interest in Direct Line Insurance Group plc. As of February 7, 2025, Vanguard holds 71,483,831 ordinary shares in Direct Line, representing a 5.45% stake. This disclosure follows a recent purchase of 33,993 ordinary shares at a price of 2.68 GBP per unit.

Vanguard's disclosure also mentions an interest in Aviva plc, alongside Direct Line. No cash-settled or stock-settled derivative positions are disclosed. The filing confirms no indemnity or other dealing arrangements related to Direct Line's securities. Additionally, there are no agreements or arrangements concerning voting rights or future securities transactions. The disclosure, dated February 10, 2025, lists Shawn Acker as the contact, providing a U.S. phone number for inquiries.