Form 8.3 DIRECT LINE INSURANCE GROUP Replacement

Barclays PLC

20 June 2025

 

FORM 8.3 Amendment - this form replaces RNS number 4367N published at 14:31 on 18/06/2025, changes made to section 2a and 3a.
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:				17 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:			35,237,613	2.68%	3,318,743	0.25%
(2)	Cash-settled derivatives:
	and/or controlled:			3,648,290	0.28%	33,207,777	2.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,885,903	2.96%	36,526,520	2.78%
(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		1,500,000		3.0126  GBP
10 10/11p ordinary		Purchase		252,188		3.0263  GBP
10 10/11p ordinary		Purchase		171,375		3.0279  GBP
10 10/11p ordinary		Purchase		168,494		3.0260  GBP
10 10/11p ordinary		Purchase		130,458		3.0259  GBP
ADR		Purchase		81,888		16.2600  USD
10 10/11p ordinary		Purchase		57,698		3.0248  GBP
10 10/11p ordinary		Purchase		35,437		3.0266  GBP
10 10/11p ordinary		Purchase		33,290		3.0284  GBP
10 10/11p ordinary		Purchase		26,973		3.0240  GBP
10 10/11p ordinary		Purchase		22,376		3.0184  GBP
10 10/11p ordinary		Purchase		22,203		3.0265  GBP
10 10/11p ordinary		Purchase		21,988		3.0252  GBP
10 10/11p ordinary		Purchase		15,813		3.0275  GBP
10 10/11p ordinary		Purchase		14,167		3.0193  GBP
10 10/11p ordinary		Purchase		13,125		3.0264  GBP
10 10/11p ordinary		Purchase		11,487		3.0285  GBP
10 10/11p ordinary		Purchase		8,471		3.0280  GBP
10 10/11p ordinary		Purchase		7,208		3.0203  GBP
10 10/11p ordinary		Purchase		6,832		3.0267  GBP
10 10/11p ordinary		Purchase		6,670		3.0310  GBP
10 10/11p ordinary		Purchase		4,905		3.0198  GBP
10 10/11p ordinary		Purchase		4,895		3.0214  GBP
10 10/11p ordinary		Purchase		4,697		3.0233  GBP
10 10/11p ordinary		Purchase		4,682		3.0246  GBP
10 10/11p ordinary		Purchase		4,542		3.0283  GBP
10 10/11p ordinary		Purchase		3,119		3.0282  GBP
10 10/11p ordinary		Purchase		2,281		3.0270  GBP
10 10/11p ordinary		Purchase		281		2.9864  GBP
10 10/11p ordinary		Sale		6,340,790		3.0273  GBP
10 10/11p ordinary		Sale		2,905,623		3.0265  GBP
10 10/11p ordinary		Sale		344,866		3.0260  GBP
10 10/11p ordinary		Sale		177,410		3.0203  GBP
10 10/11p ordinary		Sale		149,938		3.0230  GBP
10 10/11p ordinary		Sale		111,230		3.0206  GBP
10 10/11p ordinary		Sale		86,877		3.0266  GBP
10 10/11p ordinary		Sale		72,590		3.0258  GBP
10 10/11p ordinary		Sale		58,399		3.0255  GBP
10 10/11p ordinary		Sale		48,468		3.0249  GBP
10 10/11p ordinary		Sale		37,821		3.0210  GBP
10 10/11p ordinary		Sale		33,286		3.0253  GBP
10 10/11p ordinary		Sale		27,237		3.0198  GBP
10 10/11p ordinary		Sale		14,478		3.0248  GBP
10 10/11p ordinary		Sale		6,670		3.0310  GBP
10 10/11p ordinary		Sale		6,297		3.0219  GBP
10 10/11p ordinary		Sale		5,489		3.0259  GBP
10 10/11p ordinary		Sale		3,529		3.0299  GBP
10 10/11p ordinary		Sale		2,908		3.0274  GBP
10 10/11p ordinary		Sale		2,654		3.0251  GBP
10 10/11p ordinary		Sale		997		3.0252  GBP
10 10/11p ordinary		Sale		822		3.0250  GBP
10 10/11p ordinary		Sale		759		3.0285  GBP
10 10/11p ordinary		Sale		674		3.0080  GBP
10 10/11p ordinary		Sale		328		3.0240  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		281	2.9864  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,428	3.0079  GBP
10 10/11p ordinary		SWAP		Decreasing Short		11	3.0140  GBP
10 10/11p ordinary		SWAP		Decreasing Short		37,821	3.0210  GBP
10 10/11p ordinary		SWAP		Decreasing Short		250,000	3.0219  GBP
10 10/11p ordinary		SWAP		Decreasing Short		149,938	3.0230  GBP
10 10/11p ordinary		SWAP		Decreasing Short		80,809	3.0235  GBP
10 10/11p ordinary		SWAP		Decreasing Short		8,709	3.0240  GBP
10 10/11p ordinary		SWAP		Decreasing Short		137	3.0246  GBP
10 10/11p ordinary		SWAP		Decreasing Short		48,468	3.0249  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,500	3.0253  GBP
10 10/11p ordinary		SWAP		Decreasing Short		38,259	3.0258  GBP
10 10/11p ordinary		SWAP		Decreasing Short		5,489	3.0259  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,905,623	3.0265  GBP
10 10/11p ordinary		SWAP		Decreasing Short		86,877	3.0266  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,908	3.0274  GBP
10 10/11p ordinary		SWAP		Increasing Short		22,574	3.0237  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,682	3.0246  GBP
10 10/11p ordinary		SWAP		Increasing Short		21,120	3.0248  GBP
10 10/11p ordinary		SWAP		Increasing Short		65,442	3.0252  GBP
10 10/11p ordinary		SWAP		Increasing Short		107,100	3.0257  GBP
10 10/11p ordinary		SWAP		Increasing Short		219,718	3.0260  GBP
10 10/11p ordinary		SWAP		Increasing Short		123	3.0262  GBP
10 10/11p ordinary		SWAP		Increasing Short		13,125	3.0264  GBP
10 10/11p ordinary		SWAP		Increasing Short		87,244	3.0266  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,200	3.0270  GBP
10 10/11p ordinary		SWAP		Increasing Short		6,691	3.0272  GBP
10 10/11p ordinary		SWAP		Increasing Short		124,128	3.0278  GBP
10 10/11p ordinary		SWAP		Increasing Short		38,728	3.0279  GBP
10 10/11p ordinary		SWAP		Increasing Short		45,303	3.0282  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,542	3.0283  GBP
10 10/11p ordinary		SWAP		Increasing Short		33,290	3.0284  GBP
10 10/11p ordinary		SWAP		Increasing Short		11,487	3.0285  GBP
10 10/11p ordinary		SWAP		Increasing Short		449	3.0300  GBP
10 10/11p ordinary		CFD		Decreasing Short		15,300	3.0117  GBP
10 10/11p ordinary		CFD		Decreasing Short		24,368	3.0193  GBP
10 10/11p ordinary		CFD		Decreasing Short		912	3.0197  GBP
10 10/11p ordinary		CFD		Decreasing Short		6,340,790	3.0273  GBP
10 10/11p ordinary		CFD		Increasing Short		51,396	3.0190  GBP
10 10/11p ordinary		CFD		Increasing Short		48,736	3.0193  GBP
10 10/11p ordinary		CFD		Increasing Short		22,669	3.0204  GBP
10 10/11p ordinary		CFD		Increasing Short		12,091	3.0205  GBP
10 10/11p ordinary		CFD		Increasing Short		6,124	3.0206  GBP
10 10/11p ordinary		CFD		Increasing Short		130,342	3.0268  GBP
10 10/11p ordinary		CFD		Increasing Short		21,350	3.0278  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:				20 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END