Vanguard Group Discloses Position in Direct Line Insurance

The Vanguard Group, Inc. has filed a Form 8.3 disclosure regarding its interests in Direct Line Insurance Group plc. This disclosure is in line with Rule 8.3 of the Takeover Code, which mandates public opening position disclosures and dealing disclosures by individuals holding interests representing 1% or more in relevant securities.

The form lists Vanguard's ownership of 71,453,566 shares, equating to a 5.45% stake in Direct Line. The disclosure, dated May 26, 2025, covers positions as of May 23, 2025. In addition to Direct Line, the disclosure mentions a related interest in Aviva plc.

The filing includes details of recent purchase activity, with Vanguard acquiring 62,494 shares at 3.01 GBP per share, and an additional 663 shares at 3.02 GBP per share. No indemnity or option agreements have been reported, and no supplemental form has been attached to detail open positions.