The Vanguard Group Adjusts Position in Direct Line Insurance Group

The Vanguard Group, Inc. has disclosed its position in Direct Line Insurance Group plc as of 17 February 2025. As per Form 8.3, The Vanguard Group holds 71,124,628 ordinary shares, representing a 5.42% interest in Direct Line. This disclosure falls under Rule 8.3 of the Takeover Code, which applies to entities holding 1% or more of relevant securities.

On 18 February 2025, The Vanguard Group reported the sale of 28,804 ordinary shares at a price of 2.68 GBP per share. There are no current cash-settled or stock-settled derivative positions, nor any inducements or agreements with any party concerning relevant securities.

The disclosure also references Aviva plc, indicating additional disclosure might be provided regarding this company by the discloser. However, no supplemental Form 8 pertaining to open positions was attached. No indemnity agreements or arrangements related to options or derivatives were reported.