The Vanguard Group's Disclosure on Direct Line Insurance Stake

The Vanguard Group, Inc. has disclosed its significant holdings in Direct Line Insurance Group plc. As of March 6, 2025, Vanguard holds over 70 million ordinary shares representing a 5.37% interest in the company. This disclosure is in compliance with Rule 8.3 of the Takeover Code, aimed at revealing stakes of 1% or more in UK firms amid takeover offers.

Additionally, Vanguard confirmed their involvement with Aviva plc, along with Direct Line, in similar disclosure obligations. The group recently acquired 30,376 additional ordinary shares at £2.76 per unit. Vanguard states no applicable cash-settled or stock-settled derivative positions in this context.

Furthermore, no new securities subscriptions or indemnity arrangements have been reported. Vanguard ensures compliance with transparency standards during such corporate engagements, as outlined by the regulatory framework.