Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

30 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:			29 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:				13,625,256	1.04%	13,534,189	1.03%
(2) Cash-settled derivatives:				14,338,055	1.09%	13,632,520	1.04%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				27,963,311	2.13%	27,166,709	2.07%
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	223,135	2.6730  GBP
10 10/11p ordinary	Purchase	182,064	2.6740  GBP
10 10/11p ordinary	Purchase	80,699	2.6721  GBP
10 10/11p ordinary	Purchase	75,000	2.6662  GBP
10 10/11p ordinary	Purchase	60,789	2.6720  GBP
10 10/11p ordinary	Purchase	31,016	2.6718  GBP
10 10/11p ordinary	Purchase	24,199	2.6706  GBP
10 10/11p ordinary	Purchase	21,879	2.6493  GBP
10 10/11p ordinary	Purchase	20,960	2.6732  GBP
10 10/11p ordinary	Purchase	19,773	2.6717  GBP
10 10/11p ordinary	Purchase	19,471	2.6750  GBP
10 10/11p ordinary	Purchase	16,008	2.6736  GBP
10 10/11p ordinary	Purchase	11,828	2.6710  GBP
10 10/11p ordinary	Purchase	8,534	2.6758  GBP
10 10/11p ordinary	Purchase	6,134	2.6678  GBP
10 10/11p ordinary	Purchase	4,944	2.6700  GBP
10 10/11p ordinary	Purchase	4,910	2.6712  GBP
10 10/11p ordinary	Purchase	4,522	2.6731  GBP
10 10/11p ordinary	Purchase	2,325	2.6763  GBP
10 10/11p ordinary	Purchase	2,272	2.6680  GBP
10 10/11p ordinary	Purchase	1,459	2.6800  GBP
10 10/11p ordinary	Purchase	1,414	2.6739  GBP
10 10/11p ordinary	Purchase	1,205	2.6759  GBP
10 10/11p ordinary	Purchase	567	2.6660  GBP
10 10/11p ordinary	Sale	478,337	2.6740  GBP
10 10/11p ordinary	Sale	182,882	2.6659  GBP
10 10/11p ordinary	Sale	90,218	2.6716  GBP
10 10/11p ordinary	Sale	42,482	2.6742  GBP
10 10/11p ordinary	Sale	26,464	2.6736  GBP
10 10/11p ordinary	Sale	16,408	2.6774  GBP
10 10/11p ordinary	Sale	6,757	2.6746  GBP
10 10/11p ordinary	Sale	4,882	2.6728  GBP
10 10/11p ordinary	Sale	3,105	2.6727  GBP
10 10/11p ordinary	Sale	3,083	2.6734  GBP
10 10/11p ordinary	Sale	2,098	2.6680  GBP
10 10/11p ordinary	Sale	2,052	2.6760  GBP
10 10/11p ordinary	Sale	1,967	2.6756  GBP
10 10/11p ordinary	Sale	1,134	2.6660  GBP
10 10/11p ordinary	Sale	946	2.6710  GBP
10 10/11p ordinary	Sale	725	2.6730  GBP
10 10/11p ordinary	Sale	322	2.6820  GBP
10 10/11p ordinary	Sale	21	2.6720  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 Short	31,173	2.6735  GBP
10 10/11p ordinary	SWAP	Increasing Long	165,642	2.6656  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,158	2.6676  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,098	2.6680  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,240	2.6690  GBP
10 10/11p ordinary	SWAP	Increasing Long	88,497	2.6723  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,704	2.6738  GBP
10 10/11p ordinary	SWAP	Increasing Long	368,275	2.6740  GBP
10 10/11p ordinary	SWAP	Increasing Long	84,304	2.6742  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,408	2.6774  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,977	2.6440  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,361	2.6450  GBP
10 10/11p ordinary	SWAP	Decreasing Long	75,000	2.6662  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,231	2.6700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,109	2.6707  GBP
10 10/11p ordinary	SWAP	Decreasing Long	52,813	2.6714  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,921	2.6717  GBP
10 10/11p ordinary	SWAP	Decreasing Long	31,016	2.6718  GBP
10 10/11p ordinary	SWAP	Decreasing Long	80,699	2.6721  GBP
10 10/11p ordinary	SWAP	Decreasing Long	44,855	2.6722  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,646	2.6724  GBP
10 10/11p ordinary	SWAP	Decreasing Long	33,847	2.6727  GBP
10 10/11p ordinary	SWAP	Decreasing Long	193,810	2.6731  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,731	2.6732  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,301	2.6737  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,414	2.6739  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,667	2.6740  GBP
10 10/11p ordinary	SWAP	Decreasing Long	90,872	2.6741  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,471	2.6750  GBP
10 10/11p ordinary	CFD	Increasing Short	4,822	2.6707  GBP
10 10/11p ordinary	CFD	Increasing Short	8	2.6725  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:				30 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END