Vanguard Group Discloses Stake in Direct Line Insurance Group

The Vanguard Group, Inc. has revealed its interest in Direct Line Insurance Group plc through a Form 8.3 disclosure. As of February 27, 2025, Vanguard holds 5.38% of Direct Line's ordinary shares, amounting to 70,554,031 shares. This disclosure is in accordance with Rule 8.3 of the Takeover Code, which requires public opening position disclosures by those with interests in relevant securities representing 1% or more.

In addition to Direct Line, Vanguard is making disclosures concerning Aviva plc. The disclosure also confirms a recent purchase of 15,862 ordinary shares at a price of 2.80 GBP per unit. There are no reported cash-settled or stock-settled derivative positions, and no other dealings or agreements related to options or derivatives exist, according to the disclosure.