Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

20 May 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:			19 May 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:				40,336,645	3.08%	4,958,471	0.37%
(2) Cash-settled derivatives:				5,486,304	0.42%	39,673,030	3.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,822,949	3.49%	44,631,501	3.40%
(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	740,404	2.9296  GBP
10 10/11p ordinary	Purchase	426,622	2.9260  GBP
10 10/11p ordinary	Purchase	312,705	2.9278  GBP
10 10/11p ordinary	Purchase	188,361	2.9329  GBP
10 10/11p ordinary	Purchase	160,648	2.9258  GBP
10 10/11p ordinary	Purchase	143,475	2.9251  GBP
10 10/11p ordinary	Purchase	113,250	2.9319  GBP
10 10/11p ordinary	Purchase	68,061	2.9326  GBP
10 10/11p ordinary	Purchase	56,956	2.9332  GBP
10 10/11p ordinary	Purchase	15,942	2.9302  GBP
10 10/11p ordinary	Purchase	13,841	2.9320  GBP
10 10/11p ordinary	Purchase	13,759	2.9231  GBP
10 10/11p ordinary	Purchase	13,717	2.9280  GBP
10 10/11p ordinary	Purchase	13,260	2.9303  GBP
10 10/11p ordinary	Purchase	12,671	2.9294  GBP
10 10/11p ordinary	Purchase	10,647	2.9282  GBP
10 10/11p ordinary	Purchase	8,888	2.9318  GBP
10 10/11p ordinary	Purchase	7,665	2.9269  GBP
10 10/11p ordinary	Purchase	5,674	2.9312  GBP
ADR	Purchase	4,000	15.6100  USD
10 10/11p ordinary	Purchase	3,250	2.9340  GBP
10 10/11p ordinary	Purchase	2,807	2.9223  GBP
10 10/11p ordinary	Purchase	1,864	2.9271  GBP
10 10/11p ordinary	Purchase	1,438	2.9290  GBP
10 10/11p ordinary	Purchase	1,375	2.9352  GBP
10 10/11p ordinary	Purchase	1,130	2.9360  GBP
10 10/11p ordinary	Purchase	913	2.9300  GBP
10 10/11p ordinary	Purchase	532	2.9313  GBP
10 10/11p ordinary	Purchase	219	2.9286  GBP
10 10/11p ordinary	Sale	899,879	2.9173  GBP
10 10/11p ordinary	Sale	589,360	2.9309  GBP
10 10/11p ordinary	Sale	222,501	2.9294  GBP
10 10/11p ordinary	Sale	153,235	2.9312  GBP
10 10/11p ordinary	Sale	141,427	2.9250  GBP
10 10/11p ordinary	Sale	134,162	2.9260  GBP
10 10/11p ordinary	Sale	101,443	2.9253  GBP
10 10/11p ordinary	Sale	75,716	2.9282  GBP
10 10/11p ordinary	Sale	73,002	2.9297  GBP
10 10/11p ordinary	Sale	22,735	2.9302  GBP
10 10/11p ordinary	Sale	21,059	2.9266  GBP
10 10/11p ordinary	Sale	12,394	2.9241  GBP
10 10/11p ordinary	Sale	12,297	2.9320  GBP
10 10/11p ordinary	Sale	10,821	2.9305  GBP
10 10/11p ordinary	Sale	7,072	2.9340  GBP
10 10/11p ordinary	Sale	6,155	2.9328  GBP
10 10/11p ordinary	Sale	5,442	2.9285  GBP
ADR	Sale	4,000	15.6100  USD
10 10/11p ordinary	Sale	3,576	2.9246  GBP
10 10/11p ordinary	Sale	3,154	2.9265  GBP
10 10/11p ordinary	Sale	2,455	2.9248  GBP
10 10/11p ordinary	Sale	2,035	2.9298  GBP
10 10/11p ordinary	Sale	1,689	2.9204  GBP
10 10/11p ordinary	Sale	1,174	2.9276  GBP
10 10/11p ordinary	Sale	1,130	2.9360  GBP
10 10/11p ordinary	Sale	848	2.9258  GBP
10 10/11p ordinary	Sale	581	2.9300  GBP
10 10/11p ordinary	Sale	385	2.9254  GBP
10 10/11p ordinary	Sale	195	2.9159  GBP
10 10/11p ordinary	Sale	10	2.9339  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	Increasing Short	113,250	2.9319  GBP
10 10/11p ordinary	SWAP	Decreasing Short	195	2.9159  GBP
10 10/11p ordinary	SWAP	Decreasing Short	899,879	2.9173  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,093	2.9204  GBP
10 10/11p ordinary	SWAP	Decreasing Short	12,394	2.9241  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,455	2.9248  GBP
10 10/11p ordinary	SWAP	Decreasing Short	848	2.9258  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,446	2.9260  GBP
10 10/11p ordinary	SWAP	Decreasing Short	75,716	2.9282  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,795	2.9229  GBP
10 10/11p ordinary	SWAP	Increasing Short	29,106	2.9232  GBP
10 10/11p ordinary	SWAP	Increasing Short	433,717	2.9260  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,864	2.9271  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,454	2.9280  GBP
10 10/11p ordinary	SWAP	Increasing Short	984	2.9282  GBP
10 10/11p ordinary	SWAP	Increasing Short	12,671	2.9294  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,209	2.9300  GBP
10 10/11p ordinary	SWAP	Increasing Short	24,849	2.9314  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,550	2.9323  GBP
10 10/11p ordinary	SWAP	Increasing Short	68,061	2.9326  GBP
10 10/11p ordinary	SWAP	Increasing Short	205,226	2.9332  GBP
10 10/11p ordinary	SWAP	Increasing Short	12,177	2.9335  GBP
10 10/11p ordinary	CFD	Decreasing Short	30,474	2.9232  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,594	2.9297  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,406	2.9311  GBP
10 10/11p ordinary	CFD	Increasing Short	73,541	2.9313  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:				20 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END