Vanguard Discloses Position in Direct Line Insurance

The Vanguard Group, Inc. has released its Form 8.3, detailing its position in Direct Line Insurance Group plc. This disclosure is part of Rule 8.3 of the Takeover Code, which requires public opening position statements from entities with interests surpassing 1% in relevant securities. As of February 19, 2025, Vanguard holds 71,000,637 ordinary shares, accounting for 5.41% of Direct Line's stock.

Vanguard's filing does not indicate any connections to offerors other than Direct Line, aside from disclosures involving Aviva plc. Recent transactions include the purchase of 44,531 and the sale of 97,320 ordinary shares at 2.63 GBP per unit. The filing confirms no further agreements relating to options or derivatives.