The Vanguard Group Discloses Stake in Direct Line Insurance

The Vanguard Group, Inc. has released a Form 8.3 disclosing a key stake in Direct Line Insurance Group plc. As per Rule 8.3 of the Takeover Code, the disclosure pertains to interests representing 1% or more. As of April 30, 2025, Vanguard holds 70,711,120 ordinary shares, representing 5.39% of Direct Line's securities.

This disclosure includes dealings with Aviva plc, as Vanguard manages interests related to both Direct Line and Aviva. The latest transaction involves the purchase of 6,654 ordinary shares at 2.83 GBP each. No cash-settled derivative transactions or agreements have been reported.

There are no indemnity or option arrangements, nor agreements regarding voting rights associated with these securities. The disclosure was submitted on May 1, 2025, by Shawn Acker, with further inquiries directed to the Market Surveillance Unit of the Panel.