Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

03 February 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:			31 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:				14,101,893	1.08%	14,157,281	1.08%
(2) Cash-settled derivatives:				14,949,789	1.14%	14,106,768	1.08%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				29,051,682	2.22%	28,264,049	2.16%
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	199,910	2.6852  GBP
10 10/11p ordinary	Purchase	98,857	2.6780  GBP
10 10/11p ordinary	Purchase	84,109	2.6782  GBP
10 10/11p ordinary	Purchase	51,481	2.6795  GBP
10 10/11p ordinary	Purchase	27,273	2.6793  GBP
10 10/11p ordinary	Purchase	8,837	2.6838  GBP
10 10/11p ordinary	Purchase	8,707	2.6845  GBP
10 10/11p ordinary	Purchase	6,691	2.6851  GBP
10 10/11p ordinary	Purchase	4,677	2.6824  GBP
10 10/11p ordinary	Purchase	4,489	2.6880  GBP
10 10/11p ordinary	Purchase	4,389	2.6812  GBP
10 10/11p ordinary	Purchase	4,188	2.6813  GBP
10 10/11p ordinary	Purchase	3,618	2.6823  GBP
10 10/11p ordinary	Purchase	3,468	2.6860  GBP
10 10/11p ordinary	Purchase	2,439	2.6822  GBP
10 10/11p ordinary	Purchase	1,859	2.6863  GBP
10 10/11p ordinary	Purchase	1,565	2.6817  GBP
10 10/11p ordinary	Purchase	1,404	2.6840  GBP
10 10/11p ordinary	Purchase	1,249	2.6819  GBP
10 10/11p ordinary	Purchase	1,240	2.6853  GBP
10 10/11p ordinary	Purchase	660	2.6858  GBP
10 10/11p ordinary	Purchase	370	2.6865  GBP
10 10/11p ordinary	Purchase	109	2.6820  GBP
10 10/11p ordinary	Sale	330,594	2.6780  GBP
10 10/11p ordinary	Sale	169,857	2.6793  GBP
10 10/11p ordinary	Sale	112,515	2.6839  GBP
10 10/11p ordinary	Sale	84,878	2.6836  GBP
10 10/11p ordinary	Sale	45,620	2.6779  GBP
10 10/11p ordinary	Sale	22,646	2.6852  GBP
10 10/11p ordinary	Sale	19,266	2.6820  GBP
10 10/11p ordinary	Sale	17,756	2.6823  GBP
10 10/11p ordinary	Sale	17,603	2.6863  GBP
10 10/11p ordinary	Sale	10,178	2.6848  GBP
10 10/11p ordinary	Sale	7,074	2.6818  GBP
10 10/11p ordinary	Sale	6,743	2.6880  GBP
10 10/11p ordinary	Sale	3,249	2.6850  GBP
10 10/11p ordinary	Sale	2,555	2.6857  GBP
10 10/11p ordinary	Sale	1,784	2.6860  GBP
10 10/11p ordinary	Sale	1,155	2.6875  GBP
10 10/11p ordinary	Sale	635	2.6766  GBP
10 10/11p ordinary	Sale	615	2.6840  GBP
10 10/11p ordinary	Sale	386	2.6831  GBP
10 10/11p ordinary	Sale	276	2.6799  GBP
10 10/11p ordinary	Sale	104	2.6800  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	31,655	2.6814  GBP
10 10/11p ordinary	SWAP	Increasing Long	114,199	2.6778  GBP
10 10/11p ordinary	SWAP	Increasing Long	45,620	2.6779  GBP
10 10/11p ordinary	SWAP	Increasing Long	278,583	2.6780  GBP
10 10/11p ordinary	SWAP	Increasing Long	276	2.6799  GBP
10 10/11p ordinary	SWAP	Increasing Long	81	2.6819  GBP
10 10/11p ordinary	SWAP	Increasing Long	19,207	2.6820  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,805	2.6821  GBP
10 10/11p ordinary	SWAP	Increasing Long	386	2.6831  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,926	2.6834  GBP
10 10/11p ordinary	SWAP	Increasing Long	84,878	2.6836  GBP
10 10/11p ordinary	SWAP	Increasing Long	74,529	2.6837  GBP
10 10/11p ordinary	SWAP	Increasing Long	206	2.6840  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,418	2.6844  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,194	2.6847  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,178	2.6848  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,358	2.6850  GBP
10 10/11p ordinary	SWAP	Increasing Long	106	2.6851  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,839	2.6852  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,555	2.6857  GBP
10 10/11p ordinary	SWAP	Increasing Long	24,296	2.6859  GBP
10 10/11p ordinary	SWAP	Increasing Long	297	2.6860  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,525	2.6863  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,155	2.6875  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,822	2.6882  GBP
10 10/11p ordinary	SWAP	Decreasing Long	70,880	2.6780  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,218	2.6781  GBP
10 10/11p ordinary	SWAP	Decreasing Long	38,135	2.6784  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,389	2.6812  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,565	2.6817  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,330	2.6826  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,569	2.6838  GBP
10 10/11p ordinary	SWAP	Decreasing Long	128,412	2.6844  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,109	2.6850  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,819	2.6860  GBP
10 10/11p ordinary	SWAP	Decreasing Long	71,498	2.6865  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,009	2.6880  GBP
10 10/11p ordinary	CFD	Increasing Short	2,746	2.6780  GBP
10 10/11p ordinary	CFD	Increasing Short	1,644	2.6811  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:				03 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END