Vanguard Group Discloses Stake in Direct Line Insurance

The Vanguard Group, Inc. has made a disclosure under Rule 8.3 of the Takeover Code, revealing its significant position in Direct Line Insurance Group plc. As of May 9, 2025, Vanguard holds 71,035,386 ordinary shares, equivalent to 5.42% of the company's relevant securities. This disclosure follows the purchase of an additional 136,351 shares at a price of 2.91 GBP per unit.

The disclosure also pertains to Aviva plc, although no specific details on dealings with Aviva are provided. There are no reported cash-settled derivative transactions or stock-settled derivative positions involving Direct Line securities, nor are there any indemnity or option arrangements disclosed. The document confirms no formal or informal agreements related to voting rights or future transactions in derivatives.