Vanguard Group Discloses Position in Direct Line Insurance Group

The Vanguard Group, Inc. has revealed its stake in Direct Line Insurance Group plc, amounting to 5.44% of the company’s ordinary shares. This disclosure is part of their compliance with Rule 8.3 of the Takeover Code.

Vanguard holds 71,390,409 ordinary shares of Direct Line Insurance Group, equating to a 5.44% interest. Additionally, Vanguard has engaged in transactions involving 19,835 ordinary shares at a price of 2.98 GBP per share.

The disclosure also confirms that no agreements or dealings exist concerning options or derivatives associated with Direct Line's securities. A similar position has been disclosed for Aviva plc, with no further positions or rights to subscribe reported.

No indemnity or understanding influencing securities was noted, emphasizing Vanguard's independent stance.