Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

19 June 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				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				18 Jun 2025
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			35,173,370	2.68%	3,313,138	0.25%
(2)	Cash-settled derivatives:
	and/or controlled:			3,623,525	0.28%	34,653,562	2.64%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,796,895	2.96%	37,966,700	2.89%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10 10/11p ordinary		Purchase		165,302		3.0559  GBP
10 10/11p ordinary		Purchase		89,438		3.0580  GBP
10 10/11p ordinary		Purchase		63,029		3.0557  GBP
10 10/11p ordinary		Purchase		42,013		3.0432  GBP
10 10/11p ordinary		Purchase		40,904		3.0489  GBP
10 10/11p ordinary		Purchase		36,083		3.0581  GBP
10 10/11p ordinary		Purchase		34,542		3.0461  GBP
10 10/11p ordinary		Purchase		27,086		3.0560  GBP
10 10/11p ordinary		Purchase		26,874		3.0441  GBP
10 10/11p ordinary		Purchase		21,063		3.0587  GBP
10 10/11p ordinary		Purchase		15,971		3.0504  GBP
10 10/11p ordinary		Purchase		15,429		3.0491  GBP
10 10/11p ordinary		Purchase		15,100		3.0510  GBP
10 10/11p ordinary		Purchase		13,649		3.0486  GBP
10 10/11p ordinary		Purchase		12,042		3.0617  GBP
10 10/11p ordinary		Purchase		10,771		3.0538  GBP
10 10/11p ordinary		Purchase		10,599		3.0400  GBP
10 10/11p ordinary		Purchase		7,345		3.0548  GBP
10 10/11p ordinary		Purchase		4,595		3.0521  GBP
10 10/11p ordinary		Purchase		3,953		3.0620  GBP
10 10/11p ordinary		Purchase		3,756		3.0540  GBP
10 10/11p ordinary		Purchase		3,598		3.0507  GBP
10 10/11p ordinary		Purchase		2,562		3.0592  GBP
10 10/11p ordinary		Purchase		2,503		3.0561  GBP
10 10/11p ordinary		Purchase		2,501		3.0500  GBP
10 10/11p ordinary		Purchase		2,349		3.0477  GBP
10 10/11p ordinary		Purchase		2,217		3.0582  GBP
10 10/11p ordinary		Purchase		1,916		3.0520  GBP
10 10/11p ordinary		Purchase		956		3.0480  GBP
10 10/11p ordinary		Purchase		918		3.0460  GBP
10 10/11p ordinary		Purchase		897		3.0590  GBP
10 10/11p ordinary		Purchase		465		3.0539  GBP
10 10/11p ordinary		Purchase		384		3.0470  GBP
10 10/11p ordinary		Sale		218,090		3.0579  GBP
10 10/11p ordinary		Sale		95,385		3.0557  GBP
10 10/11p ordinary		Sale		91,970		3.0580  GBP
10 10/11p ordinary		Sale		72,470		3.0551  GBP
10 10/11p ordinary		Sale		60,000		3.0532  GBP
10 10/11p ordinary		Sale		44,923		3.0534  GBP
10 10/11p ordinary		Sale		33,528		3.0490  GBP
10 10/11p ordinary		Sale		27,338		3.0514  GBP
10 10/11p ordinary		Sale		14,510		3.0484  GBP
10 10/11p ordinary		Sale		11,750		3.0497  GBP
10 10/11p ordinary		Sale		10,304		3.0540  GBP
10 10/11p ordinary		Sale		10,218		3.0494  GBP
10 10/11p ordinary		Sale		9,377		3.0504  GBP
10 10/11p ordinary		Sale		8,978		3.0474  GBP
10 10/11p ordinary		Sale		7,062		3.0485  GBP
10 10/11p ordinary		Sale		5,262		3.0560  GBP
10 10/11p ordinary		Sale		4,611		3.0496  GBP
10 10/11p ordinary		Sale		3,558		3.0590  GBP
10 10/11p ordinary		Sale		2,501		3.0500  GBP
10 10/11p ordinary		Sale		2,230		3.0370  GBP
10 10/11p ordinary		Sale		1,916		3.0520  GBP
10 10/11p ordinary		Sale		1,301		3.0487  GBP
10 10/11p ordinary		Sale		918		3.0460  GBP
10 10/11p ordinary		Sale		773		3.0620  GBP
10 10/11p ordinary		Sale		384		3.0470  GBP
10 10/11p ordinary		Sale		91		3.0539  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10 10/11p ordinary		SWAP		Increasing Short		1,500,000	3.0126  GBP
10 10/11p ordinary		SWAP		Decreasing Short		59,579	3.0260  GBP
10 10/11p ordinary		SWAP		Decreasing Short		10,689	3.0457  GBP
10 10/11p ordinary		SWAP		Decreasing Short		5,962	3.0469  GBP
10 10/11p ordinary		SWAP		Decreasing Short		8,978	3.0474  GBP
10 10/11p ordinary		SWAP		Decreasing Short		14,510	3.0484  GBP
10 10/11p ordinary		SWAP		Decreasing Short		33,528	3.0490  GBP
10 10/11p ordinary		SWAP		Decreasing Short		10,218	3.0494  GBP
10 10/11p ordinary		SWAP		Decreasing Short		91	3.0539  GBP
10 10/11p ordinary		SWAP		Decreasing Short		613	3.0540  GBP
10 10/11p ordinary		SWAP		Decreasing Short		132,470	3.0542  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,151	3.0561  GBP
10 10/11p ordinary		SWAP		Decreasing Short		218,090	3.0579  GBP
10 10/11p ordinary		SWAP		Increasing Short		9,097	3.0400  GBP
10 10/11p ordinary		SWAP		Increasing Short		9,653	3.0429  GBP
10 10/11p ordinary		SWAP		Increasing Short		21,600	3.0432  GBP
10 10/11p ordinary		SWAP		Increasing Short		32,360	3.0433  GBP
10 10/11p ordinary		SWAP		Increasing Short		26,874	3.0441  GBP
10 10/11p ordinary		SWAP		Increasing Short		5,775	3.0459  GBP
10 10/11p ordinary		SWAP		Increasing Short		13,579	3.0510  GBP
10 10/11p ordinary		SWAP		Increasing Short		15,183	3.0526  GBP
10 10/11p ordinary		SWAP		Increasing Short		10,771	3.0538  GBP
10 10/11p ordinary		SWAP		Increasing Short		77,983	3.0544  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,315	3.0579  GBP
10 10/11p ordinary		SWAP		Increasing Short		93,294	3.0580  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,217	3.0582  GBP
10 10/11p ordinary		SWAP		Increasing Short		21,063	3.0587  GBP
10 10/11p ordinary		SWAP		Increasing Short		11,929	3.0617  GBP
10 10/11p ordinary		SWAP		Increasing Short		5,281	3.0620  GBP
10 10/11p ordinary		CFD		Decreasing Short		1,043	3.0378  GBP
10 10/11p ordinary		CFD		Decreasing Short		8,504	3.0539  GBP
10 10/11p ordinary		CFD		Increasing Short		571	3.0458  GBP
10 10/11p ordinary		CFD		Increasing Short		75,611	3.0543  GBP
10 10/11p ordinary		CFD		Increasing Short		36,788	3.0563  GBP
10 10/11p ordinary		CFD		Increasing Short		852	3.0580  GBP
10 10/11p ordinary		CFD		Increasing Short		2,407	3.0619  GBP
10 10/11p ordinary		CFD		Increasing Short		773	3.0620  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				19 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END