Vanguard Group's Disclosure on Direct Line Insurance Group

The Vanguard Group, Inc. has filed a Form 8.3 concerning its interest in Direct Line Insurance Group plc. As of January 13, 2025, Vanguard disclosed holding 72,033,806 shares, representing 5.49% of Direct Line's ordinary securities. This filing, in compliance with Rule 8.3 of the Takeover Code, requires disclosure from any entity owning 1% or more of relevant securities.

The disclosures indicate that Vanguard is reporting its dealings with both Direct Line Insurance Group and Aviva plc. On January 10, 2025, Vanguard sold 27,760 shares of Direct Line at 2.56 GBP per share. No other derivative or option arrangements were reported in relation to this transaction. Additionally, there are no agreements or understandings regarding potential future acquisitions or disposals of these securities.