Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

13 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:			12 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:				17,043,461	1.30%	13,812,688	1.05%
(2) Cash-settled derivatives:				14,550,770	1.11%	16,467,834	1.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,594,231	2.41%	30,280,522	2.31%
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	667,417	2.6508  GBP
10 10/11p ordinary	Purchase	404,389	2.6600  GBP
10 10/11p ordinary	Purchase	392,322	2.6480  GBP
10 10/11p ordinary	Purchase	82,542	2.6513  GBP
10 10/11p ordinary	Purchase	41,946	2.6560  GBP
10 10/11p ordinary	Purchase	25,337	2.6525  GBP
10 10/11p ordinary	Purchase	14,712	2.6500  GBP
10 10/11p ordinary	Purchase	9,516	2.6492  GBP
10 10/11p ordinary	Purchase	9,486	2.6526  GBP
10 10/11p ordinary	Purchase	8,244	2.6524  GBP
10 10/11p ordinary	Purchase	7,531	2.6488  GBP
10 10/11p ordinary	Purchase	4,100	2.6453  GBP
10 10/11p ordinary	Purchase	3,681	2.6459  GBP
10 10/11p ordinary	Purchase	3,183	2.6570  GBP
10 10/11p ordinary	Purchase	3,102	2.6553  GBP
10 10/11p ordinary	Purchase	2,473	2.6509  GBP
10 10/11p ordinary	Purchase	1,764	2.6440  GBP
10 10/11p ordinary	Purchase	1,557	2.6580  GBP
10 10/11p ordinary	Purchase	1,188	2.6540  GBP
ADR	Purchase	800	13.1400  USD
10 10/11p ordinary	Purchase	752	2.6460  GBP
10 10/11p ordinary	Sale	191,344	2.6602  GBP
10 10/11p ordinary	Sale	80,070	2.6530  GBP
10 10/11p ordinary	Sale	71,258	2.6490  GBP
10 10/11p ordinary	Sale	70,753	2.6506  GBP
10 10/11p ordinary	Sale	66,087	2.6618  GBP
10 10/11p ordinary	Sale	52,424	2.6494  GBP
10 10/11p ordinary	Sale	51,373	2.6521  GBP
10 10/11p ordinary	Sale	37,627	2.6459  GBP
10 10/11p ordinary	Sale	27,947	2.6533  GBP
10 10/11p ordinary	Sale	19,818	2.6480  GBP
10 10/11p ordinary	Sale	14,455	2.6600  GBP
10 10/11p ordinary	Sale	13,414	2.6601  GBP
10 10/11p ordinary	Sale	11,991	2.6502  GBP
10 10/11p ordinary	Sale	10,382	2.6519  GBP
10 10/11p ordinary	Sale	7,319	2.6525  GBP
10 10/11p ordinary	Sale	5,235	2.6540  GBP
10 10/11p ordinary	Sale	3,539	2.6520  GBP
10 10/11p ordinary	Sale	3,203	2.6590  GBP
10 10/11p ordinary	Sale	2,954	2.6524  GBP
10 10/11p ordinary	Sale	2,539	2.6496  GBP
10 10/11p ordinary	Sale	2,427	2.6460  GBP
10 10/11p ordinary	Sale	1,757	2.6580  GBP
10 10/11p ordinary	Sale	1,568	2.6528  GBP
10 10/11p ordinary	Sale	1,554	2.6500  GBP
10 10/11p ordinary	Sale	1,173	2.6563  GBP
ADR	Sale	800	13.1400  USD
10 10/11p ordinary	Sale	730	2.6440  GBP
10 10/11p ordinary	Sale	430	2.6482  GBP
10 10/11p ordinary	Sale	167	2.6560  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	71	2.6200  GBP
10 10/11p ordinary	SWAP	Increasing Long	37,627	2.6459  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,162	2.6478  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,563	2.6486  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,965	2.6488  GBP
10 10/11p ordinary	SWAP	Increasing Long	67	2.6496  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,978	2.6499  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,352	2.6520  GBP
10 10/11p ordinary	SWAP	Increasing Long	25,000	2.6523  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,285	2.6527  GBP
10 10/11p ordinary	SWAP	Increasing Long	75,792	2.6530  GBP
10 10/11p ordinary	SWAP	Increasing Long	32,344	2.6544  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,800	2.6558  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,173	2.6563  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,411	2.6580  GBP
10 10/11p ordinary	SWAP	Decreasing Long	203	2.6460  GBP
10 10/11p ordinary	SWAP	Decreasing Long	469,016	2.6480  GBP
10 10/11p ordinary	SWAP	Decreasing Long	27,766	2.6484  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,712	2.6500  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,883	2.6508  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,473	2.6509  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,841	2.6510  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,760	2.6513  GBP
10 10/11p ordinary	SWAP	Decreasing Long	23,142	2.6517  GBP
10 10/11p ordinary	SWAP	Decreasing Long	27,285	2.6518  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,244	2.6524  GBP
10 10/11p ordinary	SWAP	Decreasing Long	122,763	2.6529  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,779	2.6560  GBP
10 10/11p ordinary	CFD	Increasing Short	13,203	2.6489  GBP
10 10/11p ordinary	CFD	Increasing Short	198	2.6504  GBP
10 10/11p ordinary	CFD	Increasing Short	65,194	2.6515  GBP
10 10/11p ordinary	CFD	Increasing Short	231,773	2.6535  GBP
10 10/11p ordinary	CFD	Increasing Short	800	2.6541  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:				13 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END