Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

15 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:		14 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:			9,964,861		0.76%		13,446,849	1.03%
(2) Cash-settled derivatives:			14,191,421		1.08%		9,847,279	0.75%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:			0		0.00%		0	0.00%
TOTAL:			24,156,282		1.84%		23,294,128	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	662,134	2.5518  GBP
10 10/11p ordinary	Purchase	257,654	2.5480  GBP
10 10/11p ordinary	Purchase	136,437	2.5500  GBP
10 10/11p ordinary	Purchase	79,447	2.5501  GBP
10 10/11p ordinary	Purchase	41,901	2.5490  GBP
10 10/11p ordinary	Purchase	29,605	2.5486  GBP
10 10/11p ordinary	Purchase	29,334	2.5472  GBP
ADR	Purchase	16,008	12.3303  USD
10 10/11p ordinary	Purchase	8,499	2.5465  GBP
10 10/11p ordinary	Purchase	6,718	2.5494  GBP
10 10/11p ordinary	Purchase	6,216	2.5505  GBP
10 10/11p ordinary	Purchase	4,738	2.5567  GBP
10 10/11p ordinary	Purchase	4,663	2.5464  GBP
10 10/11p ordinary	Purchase	4,622	2.5430  GBP
10 10/11p ordinary	Purchase	3,417	2.5543  GBP
10 10/11p ordinary	Purchase	3,412	2.5540  GBP
10 10/11p ordinary	Purchase	3,273	2.5537  GBP
10 10/11p ordinary	Purchase	3,210	2.5489  GBP
10 10/11p ordinary	Purchase	2,815	2.5513  GBP
10 10/11p ordinary	Purchase	2,263	2.5580  GBP
10 10/11p ordinary	Purchase	2,207	2.5548  GBP
10 10/11p ordinary	Purchase	1,851	2.5440  GBP
10 10/11p ordinary	Purchase	1,675	2.5520  GBP
10 10/11p ordinary	Purchase	1,410	2.5557  GBP
10 10/11p ordinary	Purchase	1,190	2.5460  GBP
10 10/11p ordinary	Purchase	1,115	2.5559  GBP
10 10/11p ordinary	Purchase	1,115	2.5560  GBP
10 10/11p ordinary	Purchase	1,050	2.5497  GBP
10 10/11p ordinary	Purchase	562	2.5498  GBP
10 10/11p ordinary	Sale	386,138	2.5491  GBP
10 10/11p ordinary	Sale	221,751	2.5512  GBP
10 10/11p ordinary	Sale	145,462	2.5494  GBP
10 10/11p ordinary	Sale	134,190	2.5468  GBP
10 10/11p ordinary	Sale	128,558	2.5480  GBP
10 10/11p ordinary	Sale	106,653	2.5502  GBP
10 10/11p ordinary	Sale	100,331	2.5518  GBP
10 10/11p ordinary	Sale	97,095	2.5479  GBP
10 10/11p ordinary	Sale	93,236	2.5517  GBP
10 10/11p ordinary	Sale	92,110	2.5473  GBP
10 10/11p ordinary	Sale	44,010	2.5504  GBP
10 10/11p ordinary	Sale	41,164	2.5536  GBP
10 10/11p ordinary	Sale	38,250	2.5519  GBP
10 10/11p ordinary	Sale	36,100	2.5523  GBP
10 10/11p ordinary	Sale	35,665	2.5528  GBP
10 10/11p ordinary	Sale	35,313	2.5481  GBP
10 10/11p ordinary	Sale	23,308	2.5520  GBP
ADR	Sale	16,008	12.3303  USD
10 10/11p ordinary	Sale	15,682	2.5525  GBP
10 10/11p ordinary	Sale	14,720	2.5492  GBP
10 10/11p ordinary	Sale	7,925	2.5446  GBP
10 10/11p ordinary	Sale	7,126	2.5493  GBP
10 10/11p ordinary	Sale	6,305	2.5556  GBP
10 10/11p ordinary	Sale	5,696	2.5509  GBP
10 10/11p ordinary	Sale	5,294	2.5541  GBP
10 10/11p ordinary	Sale	3,743	2.5469  GBP
10 10/11p ordinary	Sale	3,307	2.5540  GBP
10 10/11p ordinary	Sale	3,212	2.5551  GBP
10 10/11p ordinary	Sale	2,525	2.5560  GBP
10 10/11p ordinary	Sale	2,263	2.5580  GBP
10 10/11p ordinary	Sale	215	2.5500  GBP
10 10/11p ordinary	Sale	5	2.5472  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	2,211	2.5440  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,925	2.5446  GBP
10 10/11p ordinary	SWAP	Increasing Long	115,350	2.5467  GBP
10 10/11p ordinary	SWAP	Increasing Long	92,110	2.5473  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,840	2.5474  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,108	2.5478  GBP
10 10/11p ordinary	SWAP	Increasing Long	97,095	2.5479  GBP
10 10/11p ordinary	SWAP	Increasing Long	172,324	2.5480  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,740	2.5484  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,720	2.5492  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,126	2.5493  GBP
10 10/11p ordinary	SWAP	Increasing Long	49,563	2.5495  GBP
10 10/11p ordinary	SWAP	Increasing Long	40,502	2.5496  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,659	2.5499  GBP
10 10/11p ordinary	SWAP	Increasing Long	105,663	2.5502  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,696	2.5509  GBP
10 10/11p ordinary	SWAP	Increasing Long	36,100	2.5523  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,175	2.5540  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,644	2.5441  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,091	2.5460  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,499	2.5465  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,161	2.5471  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,173	2.5472  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,912	2.5480  GBP
10 10/11p ordinary	SWAP	Decreasing Long	111,298	2.5485  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,210	2.5489  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,050	2.5497  GBP
10 10/11p ordinary	SWAP	Decreasing Long	135,447	2.5500  GBP
10 10/11p ordinary	CFD	Decreasing Short	4,622	2.5451  GBP
10 10/11p ordinary	CFD	Decreasing Short	11,226	2.5457  GBP
10 10/11p ordinary	CFD	Decreasing Short	24,100	2.5475  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,178	2.5480  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,150	2.5519  GBP
10 10/11p ordinary	CFD	Increasing Short	19,065	2.5574  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:			15 Jan 2025
Contact name:			Large Holdings Regulatory Operations
Telephone number:			020 3134 7213

 

END