Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

04 April 2025

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Full name of discloser:			Barclays PLC.
(b)	Owner or controller of interest and short  positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			DIRECT LINE INSURANCE GROUP PLC
(d)	If an exempt fund manager connected with an  offeror/offeree, state this and specify identity of  offeror/offeree:
(e)	Date position held/dealing undertaken:			03 Apr 2025
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  AVIVA PLC
2.	POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree  to which the disclosure relates following the dealing(if any)
Class of relevant security:				10 10/11p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				36,374,124	2.77%	8,083,039	0.61%
(2) Cash-settled derivatives:				8,340,465	0.64%	35,216,148	2.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,714,589	3.41%	43,299,187	3.30%
(b)	Rights to subscribe for new securities (including directors and  other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10 10/11p ordinary	Purchase	223,719	2.7585  GBP
10 10/11p ordinary	Purchase	186,729	2.7803  GBP
10 10/11p ordinary	Purchase	131,770	2.7560  GBP
10 10/11p ordinary	Purchase	54,052	2.7781  GBP
10 10/11p ordinary	Purchase	44,153	2.7766  GBP
10 10/11p ordinary	Purchase	35,574	2.7764  GBP
10 10/11p ordinary	Purchase	24,337	2.7738  GBP
10 10/11p ordinary	Purchase	22,551	2.7795  GBP
10 10/11p ordinary	Purchase	22,000	2.7802  GBP
10 10/11p ordinary	Purchase	15,324	2.7700  GBP
10 10/11p ordinary	Purchase	10,071	2.7588  GBP
10 10/11p ordinary	Purchase	7,934	2.7776  GBP
10 10/11p ordinary	Purchase	7,350	2.7753  GBP
10 10/11p ordinary	Purchase	7,240	2.7774  GBP
10 10/11p ordinary	Purchase	5,501	2.7660  GBP
10 10/11p ordinary	Purchase	5,493	2.7676  GBP
10 10/11p ordinary	Purchase	4,980	2.7732  GBP
10 10/11p ordinary	Purchase	3,584	2.7769  GBP
10 10/11p ordinary	Purchase	3,300	2.7680  GBP
10 10/11p ordinary	Purchase	1,740	2.7728  GBP
10 10/11p ordinary	Purchase	1,703	2.7760  GBP
10 10/11p ordinary	Purchase	1,218	2.7800  GBP
10 10/11p ordinary	Purchase	1,045	2.7920  GBP
10 10/11p ordinary	Purchase	941	2.7740  GBP
10 10/11p ordinary	Purchase	604	2.7840  GBP
10 10/11p ordinary	Purchase	487	2.7860  GBP
10 10/11p ordinary	Purchase	423	2.7820  GBP
10 10/11p ordinary	Purchase	319	2.7790  GBP
10 10/11p ordinary	Purchase	229	2.7699  GBP
10 10/11p ordinary	Sale	306,896	2.7808  GBP
10 10/11p ordinary	Sale	103,353	2.7558  GBP
10 10/11p ordinary	Sale	87,847	2.7741  GBP
10 10/11p ordinary	Sale	82,164	2.7788  GBP
10 10/11p ordinary	Sale	68,937	2.7748  GBP
10 10/11p ordinary	Sale	44,877	2.7560  GBP
10 10/11p ordinary	Sale	16,490	2.7649  GBP
10 10/11p ordinary	Sale	10,693	2.7722  GBP
10 10/11p ordinary	Sale	10,417	2.7701  GBP
10 10/11p ordinary	Sale	7,377	2.7639  GBP
10 10/11p ordinary	Sale	6,886	2.7641  GBP
10 10/11p ordinary	Sale	6,516	2.7732  GBP
10 10/11p ordinary	Sale	5,316	2.7719  GBP
10 10/11p ordinary	Sale	4,253	2.7716  GBP
10 10/11p ordinary	Sale	3,547	2.7685  GBP
10 10/11p ordinary	Sale	2,873	2.7760  GBP
10 10/11p ordinary	Sale	2,703	2.7824  GBP
10 10/11p ordinary	Sale	2,500	2.7999  GBP
10 10/11p ordinary	Sale	1,326	2.7784  GBP
10 10/11p ordinary	Sale	1,218	2.7800  GBP
10 10/11p ordinary	Sale	1,096	2.7700  GBP
10 10/11p ordinary	Sale	1,045	2.7920  GBP
10 10/11p ordinary	Sale	968	2.7660  GBP
10 10/11p ordinary	Sale	885	2.7740  GBP
10 10/11p ordinary	Sale	604	2.7840  GBP
10 10/11p ordinary	Sale	564	2.7680  GBP
10 10/11p ordinary	Sale	495	2.7802  GBP
10 10/11p ordinary	Sale	487	2.7860  GBP
10 10/11p ordinary	Sale	467	2.7779  GBP
10 10/11p ordinary	Sale	423	2.7820  GBP
10 10/11p ordinary	Sale	416	2.7623  GBP
10 10/11p ordinary	Sale	180	2.7780  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10 10/11p ordinary	SWAP	Decreasing Short	109,471	2.7558  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,511	2.7619  GBP
10 10/11p ordinary	SWAP	Decreasing Short	416	2.7623  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,377	2.7639  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,886	2.7641  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,547	2.7685  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,989	2.7696  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,417	2.7701  GBP
10 10/11p ordinary	SWAP	Decreasing Short	74,067	2.7739  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,531	2.7748  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,780	2.7752  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,156	2.7759  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,285	2.7765  GBP
10 10/11p ordinary	SWAP	Decreasing Short	93	2.7779  GBP
10 10/11p ordinary	SWAP	Decreasing Short	82,164	2.7788  GBP
10 10/11p ordinary	SWAP	Decreasing Short	21,763	2.7790  GBP
10 10/11p ordinary	SWAP	Decreasing Short	87	2.8000  GBP
10 10/11p ordinary	SWAP	Increasing Short	94,318	2.7560  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,007	2.7561  GBP
10 10/11p ordinary	SWAP	Increasing Short	21,893	2.7604  GBP
10 10/11p ordinary	SWAP	Increasing Short	50,346	2.7610  GBP
10 10/11p ordinary	SWAP	Increasing Short	167	2.7660  GBP
10 10/11p ordinary	SWAP	Increasing Short	594	2.7747  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,903	2.7750  GBP
10 10/11p ordinary	SWAP	Increasing Short	600	2.7760  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,824	2.7765  GBP
10 10/11p ordinary	SWAP	Increasing Short	44,153	2.7766  GBP
10 10/11p ordinary	SWAP	Increasing Short	49,154	2.7769  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,240	2.7774  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,104	2.7710  GBP
10 10/11p ordinary	CFD	Decreasing Short	31,413	2.7755  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,080	2.8013  GBP
10 10/11p ordinary	CFD	Increasing Short	38,994	2.7568  GBP
10 10/11p ordinary	CFD	Increasing Short	14,920	2.7649  GBP
10 10/11p ordinary	CFD	Increasing Short	17,522	2.7666  GBP
10 10/11p ordinary	CFD	Increasing Short	3,566	2.7749  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal  or refrain from dealing entered into by the person making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or  derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the person making the disclosure and any other person relating to:  (i)  the voting rights of any relevant securities under any option; or  (ii) the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				04 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END