The Vanguard Group Declares Stake in Aviva plc

The Vanguard Group, Inc. has publicly disclosed its position regarding Aviva plc as part of a Form 8.3 announcement. This follows Rule 8.3 of the UK Takeover Code, highlighting interests exceeding 1% in relevant securities. Vanguard detailed its significant holding of 133,869,948 ordinary shares, representing a 5% stake in Aviva.

The disclosure, dated November 28, 2024, also mentions similar interests in Direct Line Insurance Group plc. However, it confirms no dealings of stock-settled derivatives or cash-settled derivatives. No indemnity arrangements or other understandings with any parties to the offers were reported.

The disclosure aligns with regulatory requirements, emphasizing transparency in significant stockholdings during potential takeovers or mergers within the UK market.