on Direct Line Group (isin : GB00BY9D0Y18)
Vanguard Group Discloses Stake in Direct Line Insurance Group
The Vanguard Group, Inc. has publicly disclosed its investment position in Direct Line Insurance Group plc under Form 8.3, as required by Rule 8.3 of the Takeover Code. This disclosure, dated December 26, 2024, reveals that Vanguard holds interests representing a significant 5.49% of the company's relevant securities. The form indicates that the position was held as of December 24, 2024.
Alongside Direct Line, Vanguard is also making disclosures related to Aviva plc. The documents confirm no cash-settled or stock-settled derivative positions nor other agreements involving Direct Line’s securities. Furthermore, Vanguard reports a small purchase of 4,477 ordinary shares at 2.53 GBP per unit.
No indemnity agreements or arrangements exist concerning these interests. The disclosure aligns with regulatory requirements to maintain market transparency regarding significant shareholdings and potential takeover interests.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Direct Line Group news