REG - Direct Line Ins Grp - Block Listing Application

Direct Line InsuranceAnnouncement

23/06/2025 13:01

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RNS Number : 0051O  Direct Line Insurance Group PLC  23 June 2025

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23 June 2025

 

Direct Line Insurance Group plc ("Direct Line" or the "Company")

 

Block Listing Application

 

Direct Line today announces that an application has been made to the Financial
Conduct Authority ("FCA") and the London Stock Exchange ("LSE") for up to
20,100,000 ordinary shares of 10(11/11) pence each in the Company (the
"Shares"), to be admitted to the Official List of the FCA and admitted to
trading on the Main Market of the London Stock Exchange (the "Admission").

 

The Shares will be issued to satisfy the exercise of options under the
Company's Long Term Incentive Plan and Deferred Annual Incentive Plan on the
sanction by the High Court of Justice in England and Wales of the proposed
scheme of arrangement under Part 26 of the Companies Act 2006 pursuant to
which Aviva plc will acquire the entire issued and to be issued share capital
of Direct Line (the "Scheme"). As previously announced by Direct Line on 17
June 2025, the sanction of the Scheme is expected to be obtained at the
Sanction Hearing on 1 July 2025.

 

When issued, the Shares shall rank pari passu with the existing issued
ordinary shares of the Company. It is expected that Admission will become
effective from 8:00 a.m. on 24 June 2025.

 

The International Securities Identification Number (ISIN) of the Direct Line
Shares is GB00BY9D0Y18.

 

Enquiries:

 

Roger Clifton

Company Secretary

23 June 2025

 

 

LEI: 213800FF2R23ALJQOP04

 

 

 

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