on Direct Line Group (isin : GB00BY9D0Y18)
The Vanguard Group Discloses Position in Direct Line Insurance Group
On May 9, 2025, The Vanguard Group, Inc. made a public disclosure regarding its holdings in Direct Line Insurance Group plc. According to the Form 8.3, as of May 8, 2025, Vanguard holds 70,899,035 ordinary shares, equating to a 5.41% stake in the company. This disclosure falls under Rule 8.3 of the Takeover Code, targeting persons with interests in relevant securities representing 1% or more.
Additionally, the disclosure includes dealings related to Aviva plc, another party in the offer process. Recent transactions by Vanguard involve purchasing 91,118 ordinary shares at prices ranging from 2.88 GBP to 2.90 GBP per unit.
No agreements or arrangements related to options, derivatives, or other inducements to deal in relevant securities were reported.
R. E.
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