Vanguard Group Discloses Position in Direct Line Insurance

On April 17, 2025, The Vanguard Group, Inc. filed a Form 8.3, disclosing its interest in Direct Line Insurance Group plc. As per Rule 8.3 of the Takeover Code, this form represents a public opening position disclosure by a person with interests in relevant securities representing 1% or more.

The form details Vanguard's ownership of 70,592,465 ordinary shares, amounting to a 5.38% stake in Direct Line. The disclosure relates to positions held as of April 16, 2025. Additionally, Vanguard has reported making disclosures in respect of Aviva plc.

No further agreements or derivatives related to Direct Line securities were noted. The disclosure does not include any indemnity or option arrangements linked to the dealings. Furthermore, no Supplemental Form 8 for open positions was attached.