Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

14 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:			13 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:				10,247,916	0.78%	13,195,085	1.01%
(2) Cash-settled derivatives:				13,935,751	1.06%	10,102,242	0.77%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,183,667	1.84%	23,297,327	1.78%
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	733,193	2.5508  GBP
10 10/11p ordinary	Purchase	475,795	2.5420  GBP
10 10/11p ordinary	Purchase	225,284	2.5428  GBP
10 10/11p ordinary	Purchase	94,845	2.5440  GBP
10 10/11p ordinary	Purchase	44,030	2.5478  GBP
10 10/11p ordinary	Purchase	29,900	2.5477  GBP
10 10/11p ordinary	Purchase	22,275	2.5467  GBP
10 10/11p ordinary	Purchase	19,798	2.5460  GBP
10 10/11p ordinary	Purchase	18,736	2.5469  GBP
10 10/11p ordinary	Purchase	14,478	2.5480  GBP
10 10/11p ordinary	Purchase	12,773	2.5481  GBP
10 10/11p ordinary	Purchase	7,490	2.5502  GBP
10 10/11p ordinary	Purchase	7,488	2.5500  GBP
10 10/11p ordinary	Purchase	6,603	2.5496  GBP
10 10/11p ordinary	Purchase	3,929	2.5471  GBP
10 10/11p ordinary	Purchase	3,870	2.5497  GBP
10 10/11p ordinary	Purchase	3,752	2.5487  GBP
10 10/11p ordinary	Purchase	2,506	2.5490  GBP
10 10/11p ordinary	Purchase	2,381	2.5479  GBP
10 10/11p ordinary	Purchase	1,694	2.5499  GBP
10 10/11p ordinary	Purchase	1,360	2.5493  GBP
10 10/11p ordinary	Purchase	1,258	2.5540  GBP
10 10/11p ordinary	Purchase	1,257	2.5520  GBP
10 10/11p ordinary	Sale	734,487	2.5434  GBP
10 10/11p ordinary	Sale	345,955	2.5513  GBP
10 10/11p ordinary	Sale	302,824	2.5419  GBP
10 10/11p ordinary	Sale	220,998	2.5459  GBP
10 10/11p ordinary	Sale	208,587	2.5483  GBP
10 10/11p ordinary	Sale	193,055	2.5474  GBP
10 10/11p ordinary	Sale	132,303	2.5469  GBP
10 10/11p ordinary	Sale	100,962	2.5504  GBP
10 10/11p ordinary	Sale	94,416	2.5494  GBP
10 10/11p ordinary	Sale	66,683	2.5471  GBP
10 10/11p ordinary	Sale	60,718	2.5490  GBP
10 10/11p ordinary	Sale	50,100	2.5502  GBP
10 10/11p ordinary	Sale	48,061	2.5488  GBP
10 10/11p ordinary	Sale	44,256	2.5472  GBP
10 10/11p ordinary	Sale	42,070	2.5487  GBP
10 10/11p ordinary	Sale	23,683	2.5503  GBP
10 10/11p ordinary	Sale	19,083	2.5493  GBP
10 10/11p ordinary	Sale	10,960	2.5500  GBP
10 10/11p ordinary	Sale	8,588	2.5465  GBP
10 10/11p ordinary	Sale	4,920	2.5420  GBP
10 10/11p ordinary	Sale	4,775	2.5438  GBP
10 10/11p ordinary	Sale	3,921	2.5481  GBP
10 10/11p ordinary	Sale	3,571	2.5501  GBP
10 10/11p ordinary	Sale	2,605	2.5450  GBP
10 10/11p ordinary	Sale	2,514	2.5520  GBP
10 10/11p ordinary	Sale	975	2.5499  GBP
10 10/11p ordinary	Sale	806	2.5507  GBP
10 10/11p ordinary	Sale	415	2.5440  GBP
10 10/11p ordinary	Sale	214	2.5448  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	302,824	2.5419  GBP
10 10/11p ordinary	SWAP	Increasing Long	107,573	2.5420  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,775	2.5438  GBP
10 10/11p ordinary	SWAP	Increasing Long	65,837	2.5442  GBP
10 10/11p ordinary	SWAP	Increasing Long	214	2.5447  GBP
10 10/11p ordinary	SWAP	Increasing Long	220,998	2.5459  GBP
10 10/11p ordinary	SWAP	Increasing Long	35,503	2.5466  GBP
10 10/11p ordinary	SWAP	Increasing Long	180,982	2.5471  GBP
10 10/11p ordinary	SWAP	Increasing Long	48,811	2.5472  GBP
10 10/11p ordinary	SWAP	Increasing Long	193,055	2.5474  GBP
10 10/11p ordinary	SWAP	Increasing Long	74,900	2.5477  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,921	2.5481  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,139	2.5482  GBP
10 10/11p ordinary	SWAP	Increasing Long	11,801	2.5491  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,221	2.5499  GBP
10 10/11p ordinary	SWAP	Increasing Long	806	2.5507  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,654	2.5420  GBP
10 10/11p ordinary	SWAP	Decreasing Long	69,767	2.5421  GBP
10 10/11p ordinary	SWAP	Decreasing Long	490	2.5440  GBP
10 10/11p ordinary	SWAP	Decreasing Long	839	2.5451  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,083	2.5458  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,681	2.5464  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,929	2.5471  GBP
10 10/11p ordinary	SWAP	Decreasing Long	44,030	2.5478  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,381	2.5479  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,689	2.5500  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,490	2.5502  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,661	2.5510  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,258	2.5540  GBP
10 10/11p ordinary	CFD	Decreasing Short	18,316	2.5469  GBP
10 10/11p ordinary	CFD	Increasing Short	15,776	2.5498  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:				14 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END