The Vanguard Group Discloses Holdings in Direct Line Insurance Group

The Vanguard Group, Inc. has made a public disclosure concerning its stake in Direct Line Insurance Group plc, as per Rule 8.3 of the Takeover Code. The disclosure, dated April 30, 2025, notes Vanguard's position as of April 29, 2025. This document outlines Vanguard's interests, with a total of 70,704,466 shares, representing a 5.39% stake in the ordinary shares of Direct Line Insurance Group.

Furthermore, Vanguard's dealings include the acquisition of 40,371 shares and the sale of 11,726 shares, each transaction conducted at a price of 2.84 GBP per unit. Noteworthy is the absence of cash-settled derivatives or agreements around stock-settled derivatives.

The statement also confirms no existing indemnity arrangements or agreements regarding options or derivatives related to these securities. Vanguard’s declaration is straightforward with no additional disclosure forms attached.