Vanguard Group Discloses Stake in Direct Line Insurance

On January 24, 2025, The Vanguard Group, Inc. made a public disclosure regarding its financial interests in Direct Line Insurance Group plc. The disclosure, formulated under Rule 8.3 of the UK's Takeover Code, details Vanguard's ownership of 71,749,568 ordinary shares, representing a 5.47% stake in the insurance company.

The disclosure also includes dealings related to Aviva plc. Vanguard reported a recent sale of 67,242 ordinary shares at a price of 2.67 GBP each. No cash-settled or stock-settled derivatives transactions were disclosed, nor were there agreements involving options or derivatives.

The disclosure ensures transparency in the context of a potential takeover scenario involving Direct Line Insurance Group. No other agreements or arrangements relating to incentives or derivative transactions were reported. For further inquiries, Shawn Acker can be contacted at Vanguard Group.