Ameriprise Financial, Inc. has notified Direct Line Insurance Group PLC of an acquisition or disposal of voting rights, crossing the threshold on March 18, 2024. Ameriprise Financial, Inc. now holds 4.971% of voting rights attached to shares, representing 65,195,534 voting rights in the issuer. This is a decrease from the previous position of 5.057% of voting rights. The notification also details the full chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held, with Ameriprise Financial, Inc. being the ultimate controlling person.
The notification provides a comprehensive breakdown of the voting rights and financial instruments held by Ameriprise Financial, Inc., including the percentage of voting rights and the total number of voting rights held in the issuer. It also includes information about the controlled undertakings through which the voting rights and financial instruments are effectively held, demonstrating the intricate ownership structure.
Additionally, the notification discloses that Columbia Management Investment Advisers, LLC is wholly owned by Ameriprise Financial, Inc., and Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is part of a chain of wholly owned entities ultimately owned by Ameriprise Financial, Inc.
This notification provides transparency regarding the changes in voting rights and the ownership structure of Direct Line Insurance Group PLC, offering insights into the major holdings and the entities involved in the acquisition or disposal of voting rights.