Vanguard Group Discloses Position in Direct Line Insurance Group

The Vanguard Group, Inc. has released a disclosure regarding its interest in Direct Line Insurance Group plc. The disclosure, dated February 19, 2025, reveals that Vanguard holds a 5.42% stake in the company, consisting of 71,053,426 ordinary shares. This announcement is made under Rule 8.3 of the Takeover Code, which requires public declarations from parties holding 1% or more of relevant securities.

The disclosure also details recent transactions, indicating a purchase of 11,520 shares and a sale of 82,722 shares, both at a price of 2.66 GBP per unit. Vanguard also confirms that it has no cash-settled derivative positions related to Direct Line.

No new indemnity or option agreements have been reported, and no Supplemental Form 8 is attached. For further information, Shawn Acker is listed as the contact person for Vanguard regarding this disclosure.