Direct Line Insurance Group PLC

Major Shareholding Notification • Mar 18, 2013

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RNS Number : 2855A

Direct Line Insurance Group PLC

18 March 2013

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:											Direct Line Insurance Group plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):																		Placing - Partial Sale
3. Full name of person(s) subject to the notification obligation:			The Royal Bank of Scotland Group plc															X
4. Full name of shareholder(s) (if different from 3.):									The Royal Bank of Scotland Group plc
5. Date of the transaction and date on which the threshold is crossed or reached:									18/03/2013
6. Date on which issuer notified:									18/03/2013
7. Threshold(s) that is/are crossed or reached:									50%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction							Resulting situation after the triggering transaction
Number of Shares				Number of Voting Rights			Number of shares			Number of voting rights					% of  voting rights
Direct			Direct		Indirect			Direct		Indirect
Ord GBP 0.10	979,054,063				979,054,063			749,766,378			749,766,378					49.98%
GB00B89W0M42
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date			Exercise/ Conversion Period					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date			Exercise/ Conversion period			Number of voting rights instrument refers to				% of voting rights
														Nominal			Delta
Total (A+B+C)
Number of voting rights									Percentage of voting rights
749,766,378									49.98%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
## The Royal Bank of Scotland Group plc (49.98%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:										This Notification is based upon the Voting Rights figure of 1,500,000,000 obtained from yourselves.
14. Contact name:										Richard Hopkins
15. Contact telephone number:										0207 672 0354

This information is provided by RNS

The company news service from the London Stock Exchange

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