Vanguard Group Discloses Stake in Direct Line Insurance Group

On February 5, 2025, The Vanguard Group, Inc. announced its stake in Direct Line Insurance Group plc through Form 8.3. The disclosure occurred under Rule 8.3 of the Takeover Code. Vanguard revealed ownership of 71,563,125 ordinary shares, representing a 5.46% stake in Direct Line Insurance Group. The announcement included information about a purchase of 49,325 ordinary shares at 2.65 GBP per share on February 4, 2025.

Additionally, Vanguard makes disclosures related to another entity, Aviva plc, alongside Direct Line Insurance Group. The disclosure did not indicate any indemnities or options arrangements pertaining to the securities. No supplemental form detailing open derivative positions was attached.