Vanguard Group Discloses Position in Direct Line Insurance

The Vanguard Group, Inc. has made public its interests in the securities of Direct Line Insurance Group plc. As per the Form 8.3 disclosure, Vanguard holds 71,834,026 ordinary shares, representing 5.48% of the relevant securities. The disclosure follows Rule 8.3 of the Takeover Code. The date of the position held is listed as December 12, 2024.

The form also confirms that Vanguard is disclosing interests in another entity, Aviva plc, alongside Direct Line. However, no cash-settled or stock-settled derivatives are reported. The document details a recent sale of 12,342 securities at 2.44 GBP each on the same class.

No agreements or inducements to refrain from dealing in these securities are noted, reiterating the absence of any formal or informal arrangements or understandings relating to options or derivatives.