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Vanguard Group's Disclosure of Direct Line Insurance Stake

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The Vanguard Group, Inc. has disclosed its position regarding Direct Line Insurance Group plc, according to Form 8.3 submitted on March 11, 2025. As of March 10, Vanguard holds a significant position in Direct Line Insurance, amounting to 5.37%, which equates to 70,429,865 ordinary shares of 10 10/11p each. This disclosure comes under Rule 8.3 of the Takeover Code, mainly for entities with interests representing 1% or more in relevant securities.

Additionally, Vanguard disclosed similar positions in Aviva plc, another party to the offer. The most recent dealings include purchasing 14,420 ordinary shares at a price of 2.75 GBP per unit. No cash-settled or stock-settled derivatives, nor any other dealings involving options, were reported during this period.

No indemnity or other dealing arrangements related to relevant securities were identified. Equally, no agreements concerning voting rights or future acquisition/disposal of securities have been entered into.

R. H.

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