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    Direct Line Ins Grp - Holding(s) in Company

    Picture of Direct Line Insurance logoDirect Line Insurance
    01/07/2025 16:00
    RNS Number : 2665P

Direct Line Insurance Group PLC

01 July 2025

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BY9D0Y18

Issuer Name

DIRECT LINE INSURANCE GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

JPMorgan Chase & Co.

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder


    NameCity of registered officeCountry of registered office
    J.P. Morgan Securities plc
    

5. Date on which the threshold was crossed or reached

27-Jun-2025

6. Date on which Issuer notified

01-Jul-2025

7. Total positions of person(s) subject to the notification obligation


    % of voting rights attached to shares (total of 8.A)% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer
    Resulting situation on the date on which threshold was crossed or reached8.2775420.2467528.524294111786959
    Position of previous notification (if applicable)7.0365731.6641348.700707
    

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares


    Class/Type of shares ISIN code(if possible)Number of direct voting rights (DTR5.1)Number of indirect voting rights (DTR5.2.1)% of direct voting rights (DTR5.1)% of indirect voting rights (DTR5.2.1)
    GB00BY9D0Y181085508328.277542
    Sub Total 8.A1085508328.277542%
    

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))


    Type of financial instrumentExpiration dateExercise/conversion periodNumber of voting rights that may be acquired if the instrument is exercised/converted% of voting rights
    Sub Total 8.B1
    

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))


    Type of financial instrumentExpiration dateExercise/conversion periodPhysical or cash settlementNumber of voting rights% of voting rights
    Cash-settled Equity Swap18/08/202518/08/2025Cash5001960.038141
    Cash-settled Equity Swap22/09/202522/09/2025Cash637970.004864
    Cash-settled Equity Swap01/10/202501/10/2025Cash5276030.040232
    Cash-settled Equity Swap27/02/202627/02/2026Cash2430000.018527
    Cash-settled Equity Swap17/07/202617/07/2026Cash727060.005543
    Cash-settled Equity Swap04/08/202604/08/2026Cash1033020.007875
    Cash-settled Equity Swap04/05/202704/05/2027Cash12928370.098585
    Cash-settled Equity Swap30/05/202830/05/2028Cash2040.000015
    Cash-settled Equity Swap02/05/203002/05/2030Cash9250.000070
    Cash-settled Equity Swap07/01/203207/01/2032Cash1278540.009748
    Cash-settled Equity Swap13/01/203213/01/2032Cash288330.002198
    Cash-settled Equity Swap14/01/203214/01/2032Cash1438110.010965
    Cash-settled Equity Swap15/01/203215/01/2032Cash442990.003378
    Cash-settled Equity Swap15/07/202615/07/2026Cash616360.004700
    Cash-settled Equity Swap29/07/202629/07/2026Cash23090.000174
    Cash-settled Equity Swap27/05/202627/05/2026Cash1000.000007
    Cash-settled Equity Swap22/05/202622/05/2026Cash1700.000012
    Cash-settled Equity Swap28/06/203028/06/2030Cash225450.001718
    Sub Total 8.B232361270.246752%
    

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)


    Ultimate controlling personName of controlled undertaking% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
    JPMorgan Chase & Co.J.P. Morgan Securities plc8.1999558.446707%
    JPMorgan Chase & Co.J.P. Morgan Securities LLC
    JPMorgan Chase & Co.J.P. Morgan SE
    

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

J.P. Morgan Broker-Dealer Holdings Inc. (100%)

J.P. Morgan Securities LLC (100%)

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan SE (100%)

12. Date of Completion

01-Jul-2025

13. Place Of Completion

London, United Kingdom

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