Vanguard Group Discloses Stake in Direct Line Insurance

The Vanguard Group, Inc. has submitted a disclosure document, Form 8.3, regarding its stake in Direct Line Insurance Group plc. According to Rule 8.3 of the Takeover Code, the disclosure provides key information on positions in relevant securities.

As of January 8, 2025, Vanguard holds an interest in 72,061,566 ordinary shares of Direct Line Insurance Group, representing 5.50% of the company. Additionally, the form also references an interest in Aviva plc. Vanguard's recent purchase involves acquiring 6,234 ordinary shares at 2.56 GBP per unit.

The disclosure indicates no involvement in cash-settled or stock-settled derivatives related to this holding. Furthermore, there are no agreements, arrangements, or understandings concerning options or derivatives. There is also confirmation that no Supplemental Form 8 was attached.