Direct Line Insurance Group PLC has received a notification of major holdings from Ariel Investments, LLC. The reason for the notification is an acquisition or disposal of voting rights. Ariel Investments, LLC is based in Chicago, United States. The threshold was crossed or reached on November 30, 2023, and the issuer was notified on December 4, 2023.
The total positions of Ariel Investments, LLC in Direct Line Insurance Group PLC are as follows: 4.9% of voting rights attached to shares, 0% of voting rights through financial instruments, and a total of 64,267,063 voting rights held in the issuer. This is a decrease from the previous notification, which had a total of 5.09% of voting rights.
In terms of the resulting situation on the date the threshold was crossed or reached, Ariel Investments, LLC holds 50,310,885 direct voting rights and 13,956,178 indirect voting rights, representing 3.84% and 1.06% of direct and indirect voting rights, respectively.
There is no information provided regarding the person subject to the notification obligation being controlled by any natural person or legal entity, or controlling any other undertaking holding an interest in the issuer.
No information is provided regarding proxy voting or additional information. The completion date of the notification is December 4, 2023.