Vanguard Group Discloses Position in Direct Line Insurance

The Vanguard Group Inc. recently revealed its significant stake in Direct Line Insurance Group plc. As per Form 8.3, dated July 1, 2025, Vanguard disclosed owning 5.48% or 71,818,442 of the ordinary shares of Direct Line. This is a substantial position under Rule 8.3 of the Takeover Code, requiring public opening position disclosure.

The disclosure, dated June 30, 2025, also mentions Aviva plc as another entity of interest. Vanguard's dealings included the sale of 65,104 ordinary shares at 3.07 GBP per unit. No cash-settled derivatives, other indemnity, or option arrangements were reported as part of this disclosure.

This information is crucial for stakeholders monitoring the positioning of influential institutional investors like Vanguard, which significantly impacts the market dynamics of Direct Line Insurance Group plc.