Vanguard Group Discloses Significant Holding in Direct Line Insurance Group

The Vanguard Group, Inc. has released its latest Form 8.3, revealing a substantial interest in Direct Line Insurance Group plc. As of May 28, 2025, Vanguard holds 71,471,950 ordinary shares, representing a 5.45% stake in the company. This disclosure is in accordance with Rule 8.3 of the UK's Takeover Code, highlighting positions representing 1% or more in relevant securities.

The document also mentions transactions involving the purchase of 18,384 ordinary shares of Direct Line at a unit price of 3.01 GBP. Interestingly, Vanguard is also making disclosures related to Aviva plc, although details on the exact nature of this involvement were not expanded upon.

No indemnity or option arrangements, nor any agreements related to voting rights, were reported. The disclosure was submitted by Shawn Acker, with no supplemental Form 8 attached.