Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

24 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  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:			23 Jun 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:				35,676,737	2.72%	2,550,451	0.19%
(2) Cash-settled derivatives:				2,828,554	0.22%	35,148,011	2.68%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				38,505,291	2.94%	37,698,462	2.87%
(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	1,116,915	3.0620  GBP
10 10/11p ordinary	Purchase	85,482	3.0639  GBP
10 10/11p ordinary	Purchase	34,533	3.0644  GBP
10 10/11p ordinary	Purchase	18,674	3.0672  GBP
10 10/11p ordinary	Purchase	16,838	3.0654  GBP
10 10/11p ordinary	Purchase	15,393	3.0628  GBP
10 10/11p ordinary	Purchase	9,917	3.0692  GBP
10 10/11p ordinary	Purchase	8,851	3.0641  GBP
10 10/11p ordinary	Purchase	4,691	3.0671  GBP
10 10/11p ordinary	Purchase	3,066	3.0640  GBP
10 10/11p ordinary	Purchase	2,875	3.0642  GBP
10 10/11p ordinary	Purchase	2,411	3.0686  GBP
10 10/11p ordinary	Purchase	2,331	3.0645  GBP
10 10/11p ordinary	Purchase	2,173	3.0700  GBP
10 10/11p ordinary	Purchase	1,451	3.0638  GBP
10 10/11p ordinary	Purchase	1,187	3.0720  GBP
10 10/11p ordinary	Purchase	883	3.0678  GBP
10 10/11p ordinary	Purchase	667	3.0660  GBP
10 10/11p ordinary	Purchase	332	3.0600  GBP
10 10/11p ordinary	Sale	1,147,287	3.0620  GBP
10 10/11p ordinary	Sale	79,146	3.0641  GBP
10 10/11p ordinary	Sale	52,614	3.0629  GBP
10 10/11p ordinary	Sale	29,737	3.0655  GBP
10 10/11p ordinary	Sale	12,299	3.0640  GBP
10 10/11p ordinary	Sale	12,293	3.0668  GBP
10 10/11p ordinary	Sale	11,552	3.0665  GBP
10 10/11p ordinary	Sale	5,554	3.0581  GBP
10 10/11p ordinary	Sale	3,977	3.0638  GBP
10 10/11p ordinary	Sale	3,128	3.0715  GBP
10 10/11p ordinary	Sale	2,973	3.0700  GBP
10 10/11p ordinary	Sale	2,910	3.0653  GBP
10 10/11p ordinary	Sale	2,895	3.0769  GBP
10 10/11p ordinary	Sale	2,500	3.0659  GBP
10 10/11p ordinary	Sale	1,850	3.0673  GBP
10 10/11p ordinary	Sale	1,835	3.0651  GBP
10 10/11p ordinary	Sale	1,124	3.0614  GBP
10 10/11p ordinary	Sale	623	3.0630  GBP
10 10/11p ordinary	Sale	121	3.0690  GBP
10 10/11p ordinary	Sale	68	3.0722  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	5,554	3.0581  GBP
10 10/11p ordinary	SWAP	Decreasing Short	653,002	3.0620  GBP
10 10/11p ordinary	SWAP	Decreasing Short	79,146	3.0641  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,910	3.0653  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,880	3.0656  GBP
10 10/11p ordinary	SWAP	Decreasing Short	522	3.0658  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,557	3.0659  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,552	3.0665  GBP
10 10/11p ordinary	SWAP	Decreasing Short	14,681	3.0668  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,850	3.0673  GBP
10 10/11p ordinary	SWAP	Decreasing Short	121	3.0690  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,128	3.0715  GBP
10 10/11p ordinary	SWAP	Decreasing Short	68	3.0722  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,895	3.0769  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,308	3.0617  GBP
10 10/11p ordinary	SWAP	Increasing Short	582,011	3.0620  GBP
10 10/11p ordinary	SWAP	Increasing Short	85,482	3.0639  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,875	3.0642  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,843	3.0672  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,427	3.0688  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,199	3.0691  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,490	3.0695  GBP
10 10/11p ordinary	SWAP	Increasing Short	454	3.0700  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,344	3.0620  GBP
10 10/11p ordinary	CFD	Decreasing Short	13,765	3.0647  GBP
10 10/11p ordinary	CFD	Increasing Short	13,094	3.0639  GBP
10 10/11p ordinary	CFD	Increasing Short	25,425	3.0650  GBP
10 10/11p ordinary	CFD	Increasing Short	12,014	3.0651  GBP
10 10/11p ordinary	CFD	Increasing Short	15,274	3.0653  GBP
10 10/11p ordinary	CFD	Increasing Short	739	3.0662  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:				24 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END