Vanguard Group Discloses Substantial Position in Aviva and Direct Line

The Vanguard Group, Inc. has disclosed a significant financial position in Aviva plc, pursuant to Rule 8.3 of the Takeover Code. On January 8, 2025, Vanguard confirmed its interest in 134,849,698 ordinary shares of Aviva, representing 5.04% of the company. This disclosure indicates Vanguard's considerable stake in Aviva's relevant securities, highlighting its strategic interest in the company.

The report also reveals Vanguard's actions involving Direct Line Insurance Group plc, showcasing its broader interest within the sector. On January 7, 2025, Vanguard acquired an additional 34,615 shares of Aviva at prices ranging from 4.83 GBP to 4.84 GBP per share. Despite its activities, Vanguard reported no arrangements or agreements concerning options or derivatives related to these investments.