Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

05 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:			04 Feb 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:				15,153,446	1.16%	13,362,924	1.02%
(2) Cash-settled derivatives:				14,129,679	1.08%	15,152,966	1.16%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				29,283,125	2.23%	28,515,890	2.17%
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	1,259,711	2.6540  GBP
10 10/11p ordinary	Purchase	804,080	2.6478  GBP
10 10/11p ordinary	Purchase	575,326	2.6561  GBP
10 10/11p ordinary	Purchase	127,813	2.6539  GBP
10 10/11p ordinary	Purchase	65,098	2.6544  GBP
10 10/11p ordinary	Purchase	37,808	2.6560  GBP
10 10/11p ordinary	Purchase	36,522	2.6535  GBP
10 10/11p ordinary	Purchase	8,002	2.6526  GBP
10 10/11p ordinary	Purchase	6,503	2.6530  GBP
10 10/11p ordinary	Purchase	6,026	2.6500  GBP
10 10/11p ordinary	Purchase	4,553	2.6568  GBP
10 10/11p ordinary	Purchase	3,632	2.6520  GBP
10 10/11p ordinary	Purchase	3,061	2.6549  GBP
10 10/11p ordinary	Purchase	2,612	2.6480  GBP
10 10/11p ordinary	Purchase	2,576	2.6541  GBP
10 10/11p ordinary	Purchase	1,677	2.6508  GBP
10 10/11p ordinary	Purchase	1,279	2.6620  GBP
10 10/11p ordinary	Purchase	603	2.6504  GBP
10 10/11p ordinary	Purchase	319	2.6528  GBP
10 10/11p ordinary	Sale	280,251	2.6539  GBP
10 10/11p ordinary	Sale	140,032	2.6540  GBP
10 10/11p ordinary	Sale	92,238	2.6527  GBP
10 10/11p ordinary	Sale	89,986	2.6538  GBP
10 10/11p ordinary	Sale	79,465	2.6548  GBP
10 10/11p ordinary	Sale	59,893	2.6510  GBP
10 10/11p ordinary	Sale	41,895	2.6541  GBP
10 10/11p ordinary	Sale	37,695	2.6532  GBP
10 10/11p ordinary	Sale	26,418	2.6507  GBP
10 10/11p ordinary	Sale	20,593	2.6503  GBP
10 10/11p ordinary	Sale	17,547	2.6557  GBP
10 10/11p ordinary	Sale	10,418	2.6543  GBP
10 10/11p ordinary	Sale	9,322	2.6535  GBP
10 10/11p ordinary	Sale	9,164	2.6482  GBP
10 10/11p ordinary	Sale	7,465	2.6549  GBP
10 10/11p ordinary	Sale	5,819	2.6586  GBP
10 10/11p ordinary	Sale	5,807	2.6520  GBP
10 10/11p ordinary	Sale	4,596	2.6521  GBP
10 10/11p ordinary	Sale	3,675	2.6500  GBP
10 10/11p ordinary	Sale	3,611	2.6559  GBP
10 10/11p ordinary	Sale	1,882	2.6547  GBP
10 10/11p ordinary	Sale	950	2.6522  GBP
10 10/11p ordinary	Sale	264	2.6480  GBP
10 10/11p ordinary	Sale	190	2.6612  GBP
10 10/11p ordinary	Sale	119	2.6580  GBP
10 10/11p ordinary	Sale	103	2.6619  GBP
10 10/11p ordinary	Sale	65	2.6560  GBP
10 10/11p ordinary	Sale	26	2.6508  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	31,610	2.6542  GBP
10 10/11p ordinary	SWAP	Increasing Long	20,593	2.6503  GBP
10 10/11p ordinary	SWAP	Increasing Long	26	2.6508  GBP
10 10/11p ordinary	SWAP	Increasing Long	45,667	2.6510  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,430	2.6512  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,217	2.6517  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,625	2.6520  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,899	2.6525  GBP
10 10/11p ordinary	SWAP	Increasing Long	92,238	2.6527  GBP
10 10/11p ordinary	SWAP	Increasing Long	37,695	2.6532  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,401	2.6535  GBP
10 10/11p ordinary	SWAP	Increasing Long	46,588	2.6538  GBP
10 10/11p ordinary	SWAP	Increasing Long	281,172	2.6539  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,828	2.6540  GBP
10 10/11p ordinary	SWAP	Increasing Long	41,895	2.6541  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,882	2.6547  GBP
10 10/11p ordinary	SWAP	Increasing Long	79,175	2.6548  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,755	2.6549  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,547	2.6557  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,611	2.6559  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,801	2.6586  GBP
10 10/11p ordinary	SWAP	Increasing Long	18	2.6587  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,740	2.6513  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,002	2.6526  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,746	2.6535  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,229,066	2.6540  GBP
10 10/11p ordinary	SWAP	Decreasing Long	61,567	2.6541  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,057	2.6553  GBP
10 10/11p ordinary	SWAP	Decreasing Long	37,808	2.6560  GBP
10 10/11p ordinary	CFD	Increasing Short	804,080	2.6478  GBP
10 10/11p ordinary	CFD	Increasing Short	575,326	2.6561  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:				05 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END