Transaction in Own Shares

RNS Number : 4548S

Direct Line Insurance Group PLC

16 November 2021

 

DIRECT LINE INSURANCE GROUP PLC

COMPLETION OF SECOND TRANCHE OF SHARE REPURCHASE PROGRAMME

Direct Line Insurance Group plc (the "Company") announces that following the purchase of ordinary shares on 15 November 2021, the second £50 million tranche of the Company's share repurchase programme, which has been managed by Goldman Sachs International and was announced on 4 August 2021, has completed in accordance with its terms. In aggregate, between 4 August and 15 November 2021, the Company repurchased and cancelled 17,215,378 ordinary shares.

This brings to a conclusion the Company's share repurchase programme of up to £100 million announced on 8 March 2021. In aggregate, across the first tranche of the programme between 9 March and 11 June 2021 and the second tranche of the programme between 4 August and 15 November 2021, the Company repurchased and cancelled 33,838,593 ordinary shares. 

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Roger Clifton
Company Secretary
Telephone: [phone]

 

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