Direct Line Insurance Group plc has announced that the resolution proposed to shareholders at its General Meeting was carried by the requisite majority on a poll. This means that the company has satisfied the condition for the sale of its brokered commercial insurance business lines to RSA Insurance Limited, a subsidiary of Intact Financial Corporation, for an initial consideration of £520 million, with a potential further consideration of up to £30 million. The company estimates that it will release capital within the Continuing Group of approximately £270 million, with £170 million being released following the payment of the Initial Consideration. The Initial Consideration will be received within 5 business days. The transaction is expected to provide a significant uplift to the Continuing Group's pro-forma solvency capital ratio, estimated to be approximately 45 percentage points. Further details regarding the financial impacts of the transaction can be found in the shareholder circular relating to the transaction.