Vanguard Group Discloses Position in Direct Line Insurance and Aviva

The Vanguard Group, Inc. has released a disclosure form in accordance with Rule 8.3 of the Takeover Code. This involves its interests in Direct Line Insurance Group PLC’s securities, representing 5.38% of relevant securities. The disclosure, dated 28 March 2025, details the firm's holdings as of 27 March 2025 and includes further interests in Aviva PLC.

The disclosure indicates ownership of 70,496,181 shares in Direct Line Insurance Group. Vanguard has recently purchased 41,005 shares of 10 10/11p ordinary securities at a price of 2.82 GBP per unit. The document reveals no cash-settled or stock-settled derivatives in play, or any agreements relating to voting rights, options, or derivatives.

Vanguard confirms there are no indemnity arrangements or understandings relevant to inducements in dealing. It also states no additional forms regarding open derivative positions are attached.