Vanguard Group Discloses Interests in Direct Line Insurance

The Vanguard Group, Inc. has disclosed its position in Direct Line Insurance Group plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure, made on 4th December 2024, details that Vanguard holds 71,533,720 ordinary shares, representing 5.45% of Direct Line’s relevant securities. Additionally, Vanguard is making related disclosures for Aviva plc.

The disclosures include recent transactions involving Direct Line's ordinary shares. Purchases of 10,129 and 53,650 shares were made at prices of 2.30 GBP and 2.31 GBP per unit, respectively. A sale of 10,890 shares occurred at 2.30 GBP per share. No derivative transactions or new securities subscriptions were reported.

Furthermore, no indemnity agreements, options, or arrangements affecting securities dealing have been identified. Vanguard confirms no related understanding or agreement concerning voting rights or future securities transactions.