Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

13 January 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:			10 Jan 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:				10,397,952	0.79%	12,347,311	0.94%
(2) Cash-settled derivatives:				13,006,469	0.99%	10,252,908	0.78%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,404,421	1.78%	22,600,219	1.72%
Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				200,000	0.06%	0	0.00%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				200,000	0.06%	0	0.00%
(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	414,506	2.5546  GBP
10 10/11p ordinary	Purchase	119,213	2.5526  GBP
10 10/11p ordinary	Purchase	107,906	2.5500  GBP
10 10/11p ordinary	Purchase	67,657	2.5763  GBP
10 10/11p ordinary	Purchase	43,603	2.5753  GBP
10 10/11p ordinary	Purchase	27,409	2.5629  GBP
10 10/11p ordinary	Purchase	22,784	2.5716  GBP
10 10/11p ordinary	Purchase	18,000	2.5772  GBP
10 10/11p ordinary	Purchase	15,060	2.5790  GBP
10 10/11p ordinary	Purchase	10,656	2.5782  GBP
10 10/11p ordinary	Purchase	10,601	2.5689  GBP
10 10/11p ordinary	Purchase	6,774	2.5710  GBP
10 10/11p ordinary	Purchase	5,569	2.5840  GBP
10 10/11p ordinary	Purchase	3,521	2.5911  GBP
10 10/11p ordinary	Purchase	3,203	2.5779  GBP
10 10/11p ordinary	Purchase	2,772	2.5736  GBP
10 10/11p ordinary	Purchase	2,587	2.5820  GBP
10 10/11p ordinary	Purchase	2,007	2.5750  GBP
10 10/11p ordinary	Purchase	1,091	2.5580  GBP
10 10/11p ordinary	Purchase	811	2.5880  GBP
10 10/11p ordinary	Purchase	592	2.5819  GBP
10 10/11p ordinary	Purchase	273	2.5752  GBP
10 10/11p ordinary	Purchase	4	2.5760  GBP
10 10/11p ordinary	Sale	1,279,627	2.5792  GBP
10 10/11p ordinary	Sale	544,474	2.5706  GBP
10 10/11p ordinary	Sale	251,098	2.5499  GBP
10 10/11p ordinary	Sale	236,516	2.5708  GBP
10 10/11p ordinary	Sale	218,777	2.5500  GBP
10 10/11p ordinary	Sale	171,953	2.5725  GBP
10 10/11p ordinary	Sale	159,740	2.5657  GBP
10 10/11p ordinary	Sale	134,526	2.5712  GBP
10 10/11p ordinary	Sale	83,571	2.5718  GBP
10 10/11p ordinary	Sale	68,593	2.5698  GBP
10 10/11p ordinary	Sale	32,819	2.5746  GBP
10 10/11p ordinary	Sale	32,688	2.5756  GBP
10 10/11p ordinary	Sale	31,081	2.5766  GBP
10 10/11p ordinary	Sale	28,441	2.5759  GBP
10 10/11p ordinary	Sale	22,776	2.5774  GBP
10 10/11p ordinary	Sale	21,912	2.5719  GBP
10 10/11p ordinary	Sale	20,829	2.5703  GBP
10 10/11p ordinary	Sale	12,292	2.5744  GBP
10 10/11p ordinary	Sale	10,742	2.5770  GBP
10 10/11p ordinary	Sale	7,573	2.5806  GBP
10 10/11p ordinary	Sale	6,855	2.5772  GBP
10 10/11p ordinary	Sale	5,971	2.5767  GBP
10 10/11p ordinary	Sale	4,289	2.5822  GBP
10 10/11p ordinary	Sale	3,433	2.5751  GBP
10 10/11p ordinary	Sale	3,336	2.5760  GBP
10 10/11p ordinary	Sale	2,604	2.5752  GBP
10 10/11p ordinary	Sale	2,025	2.5791  GBP
10 10/11p ordinary	Sale	1,952	2.5840  GBP
10 10/11p ordinary	Sale	1,362	2.5603  GBP
10 10/11p ordinary	Sale	1,073	2.5820  GBP
10 10/11p ordinary	Sale	928	2.5601  GBP
10 10/11p ordinary	Sale	885	2.5600  GBP
10 10/11p ordinary	Sale	654	2.5720  GBP
10 10/11p ordinary	Sale	5	2.5740  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 Long	5,973	2.5498  GBP
10 10/11p ordinary	SWAP	Increasing Long	251,098	2.5499  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,338	2.5579  GBP
10 10/11p ordinary	SWAP	Increasing Long	729	2.5591  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,362	2.5604  GBP
10 10/11p ordinary	SWAP	Increasing Long	199	2.5640  GBP
10 10/11p ordinary	SWAP	Increasing Long	26	2.5673  GBP
10 10/11p ordinary	SWAP	Increasing Long	68,593	2.5698  GBP
10 10/11p ordinary	SWAP	Increasing Long	136,146	2.5701  GBP
10 10/11p ordinary	SWAP	Increasing Long	544,474	2.5706  GBP
10 10/11p ordinary	SWAP	Increasing Long	251,132	2.5712  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,912	2.5719  GBP
10 10/11p ordinary	SWAP	Increasing Long	92,146	2.5723  GBP
10 10/11p ordinary	SWAP	Increasing Long	80,800	2.5738  GBP
10 10/11p ordinary	SWAP	Increasing Long	48,533	2.5763  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,971	2.5767  GBP
10 10/11p ordinary	SWAP	Increasing Long	20,525	2.5790  GBP
10 10/11p ordinary	SWAP	Increasing Long	942	2.5838  GBP
10 10/11p ordinary	SWAP	Decreasing Long	56,712	2.5500  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,179	2.5523  GBP
10 10/11p ordinary	SWAP	Decreasing Long	27,409	2.5629  GBP
10 10/11p ordinary	SWAP	Decreasing Long	76,702	2.5732  GBP
10 10/11p ordinary	SWAP	Decreasing Long	164,073	2.5736  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,007	2.5750  GBP
10 10/11p ordinary	SWAP	Decreasing Long	273	2.5752  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,656	2.5782  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,759	2.5790  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,282	2.5840  GBP
10 10/11p ordinary	CFD	Decreasing Short	14,973	2.5686  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,694	2.5755  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,277,000	2.5792  GBP
10 10/11p ordinary	CFD	Increasing Short	7,691	2.5759  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:				13 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END