Direct Line Insurance Group PLC Transaction in Own Shares (8077Q)

TIDMDLG

RNS Number : 8077Q

Direct Line Insurance Group PLC

01 November 2021

DIRECT LINE INSURANCE GROUP PLC

TRANSACTIONS IN OWN SHARES

Direct Line Insurance Group plc ("DLG") announces today that it has purchased the following number of its ordinary shares of 10 10/11 pence each on the London Stock Exchange from Goldman Sachs International. Such purchase was effected pursuant to instructions issued by DLG on 3 August 2021, as announced on 4 August 2021:

 
 Date of purchase      Number       Highest         Lowest        Volume      Venue 
                      of shares    price paid:    price paid:     weighted 
                      purchased      (pence)        (pence)       average 
                                                                 price paid 
                                                                 per share 
                                                                  (pence) 
  29 October 2021      1,000         294.50         292.10        292.93       LSE 
                    -----------  -------------  -------------  ------------  ------ 
 

DLG will cancel the purchased shares.

Following the cancellation of the repurchased shares, DLG will hold no ordinary shares in treasury and will have 1,333,238,737 ordinary shares in issue. Therefore, the total number of voting rights in DLG will be 1,333,238,737. This is the figure which should be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in DLG, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades by Goldman Sachs is detailed below:

 
 Date          Time       Price      Quantity     Exchange   Reference number 
                           (pence)    purchased    Venue      of transaction 
 29/10/2021    11:32:31   294.5      132          XLON       CONCF1270820211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    12:54:24   293.4      80           XLON       CONCF1679920211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    12:54:49   292.6      105          XLON       CONCF1689320211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    14:31:21   292.5      102          XLON       CONCF2438220211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    14:48:37   292.1      91           XLON       CONCF2698520211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    15:05:27   292.3      100          XLON       CONCF2964120211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    15:28:21   292.7      96           XLON       CONCF3374220211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    15:57:50   292.8      107          XLON       CONCF3759620211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    16:20:13   293.1      120          XLON       CONCF3988520211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 29/10/2021    16:29:55   292.7      67           XLON       CONCF4189020211029E 
              ---------  ---------  -----------  ---------  -------------------- 
 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

-- ENDS--

Roger Clifton

Company Secretary

Telephone: [phone]

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END

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November 01, 2021 03:00 ET (07:00 GMT)