Vanguard Group Discloses Significant Stake in Direct Line Insurance

The Vanguard Group, Inc. has made a public disclosure under Rule 8.3 of the Takeover Code regarding its interests in Direct Line Insurance Group plc. The disclosure outlines Vanguard's position as possessing 71,934,864 relevant securities, which constitutes a 5.49% stake. This announcement, dated January 21, 2025, signifies Vanguard's continued influence within the insurance sector.

Additionally, it is noted that these securities are classified as 10 10/11p ordinary shares. No significant dealings have been reported, except for the sale of 2,035 securities at a price of 2.62 GBP per unit. The disclosure also mentions an interest in Aviva plc, indicating a broader investment strategy.

No agreements or understandings related to derivatives or options have been declared, suggesting a straightforward equity holding approach. The statement concludes without any attached open position forms.