Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

14 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:			13 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:				17,119,041	1.31%	13,895,203	1.06%
(2) Cash-settled derivatives:				14,662,433	1.12%	16,916,116	1.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,781,474	2.42%	30,811,319	2.35%
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	409,104	2.6701  GBP
10 10/11p ordinary	Purchase	200,192	2.6717  GBP
10 10/11p ordinary	Purchase	55,070	2.6720  GBP
10 10/11p ordinary	Purchase	46,096	2.6716  GBP
10 10/11p ordinary	Purchase	23,048	2.6690  GBP
10 10/11p ordinary	Purchase	22,046	2.6725  GBP
10 10/11p ordinary	Purchase	21,419	2.6680  GBP
10 10/11p ordinary	Purchase	12,270	2.6704  GBP
10 10/11p ordinary	Purchase	10,085	2.6699  GBP
10 10/11p ordinary	Purchase	6,464	2.6698  GBP
10 10/11p ordinary	Purchase	2,301	2.6689  GBP
10 10/11p ordinary	Purchase	453	2.6779  GBP
10 10/11p ordinary	Purchase	453	2.6780  GBP
10 10/11p ordinary	Purchase	447	2.6710  GBP
10 10/11p ordinary	Purchase	294	2.6722  GBP
10 10/11p ordinary	Purchase	211	2.6700  GBP
10 10/11p ordinary	Sale	250,639	2.6713  GBP
10 10/11p ordinary	Sale	111,340	2.6669  GBP
10 10/11p ordinary	Sale	104,738	2.6683  GBP
10 10/11p ordinary	Sale	87,508	2.6619  GBP
10 10/11p ordinary	Sale	61,413	2.6720  GBP
10 10/11p ordinary	Sale	39,536	2.6705  GBP
10 10/11p ordinary	Sale	29,369	2.6674  GBP
10 10/11p ordinary	Sale	27,112	2.6710  GBP
10 10/11p ordinary	Sale	20,258	2.6699  GBP
10 10/11p ordinary	Sale	17,630	2.6662  GBP
10 10/11p ordinary	Sale	14,965	2.6684  GBP
10 10/11p ordinary	Sale	13,963	2.6718  GBP
10 10/11p ordinary	Sale	11,742	2.6688  GBP
10 10/11p ordinary	Sale	9,204	2.6704  GBP
10 10/11p ordinary	Sale	8,701	2.6715  GBP
10 10/11p ordinary	Sale	2,496	2.6740  GBP
10 10/11p ordinary	Sale	1,694	2.6800  GBP
10 10/11p ordinary	Sale	1,051	2.6691  GBP
10 10/11p ordinary	Sale	822	2.6700  GBP
10 10/11p ordinary	Sale	601	2.6658  GBP
10 10/11p ordinary	Sale	550	2.6621  GBP
10 10/11p ordinary	Sale	470	2.6685  GBP
10 10/11p ordinary	Sale	453	2.6780  GBP
10 10/11p ordinary	Sale	315	2.6680  GBP
10 10/11p ordinary	Sale	225	2.6666  GBP
10 10/11p ordinary	Sale	64	2.6639  GBP
10 10/11p ordinary	Sale	29	2.6686  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	259,029	2.6480  GBP
10 10/11p ordinary	SWAP	Increasing Long	87,508	2.6619  GBP
10 10/11p ordinary	SWAP	Increasing Long	64	2.6639  GBP
10 10/11p ordinary	SWAP	Increasing Long	86,267	2.6669  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,798	2.6673  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,650	2.6680  GBP
10 10/11p ordinary	SWAP	Increasing Long	470	2.6685  GBP
10 10/11p ordinary	SWAP	Increasing Long	29	2.6687  GBP
10 10/11p ordinary	SWAP	Increasing Long	987	2.6691  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,808	2.6699  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,549	2.6700  GBP
10 10/11p ordinary	SWAP	Increasing Long	30,227	2.6705  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,293	2.6706  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,920	2.6716  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,550	2.6718  GBP
10 10/11p ordinary	SWAP	Increasing Long	53,878	2.6720  GBP
10 10/11p ordinary	SWAP	Decreasing Long	259,029	2.6480  GBP
10 10/11p ordinary	SWAP	Decreasing Long	350,000	2.6583  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,425	2.6689  GBP
10 10/11p ordinary	SWAP	Decreasing Long	23,048	2.6690  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,464	2.6698  GBP
10 10/11p ordinary	SWAP	Decreasing Long	211	2.6700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	54,840	2.6711  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,300	2.6717  GBP
10 10/11p ordinary	SWAP	Decreasing Long	55,473	2.6719  GBP
10 10/11p ordinary	SWAP	Decreasing Long	76,661	2.6720  GBP
10 10/11p ordinary	SWAP	Decreasing Long	294	2.6722  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,035	2.6638  GBP
10 10/11p ordinary	CFD	Increasing Short	4,741	2.6694  GBP
10 10/11p ordinary	CFD	Increasing Short	33,513	2.6718  GBP
10 10/11p ordinary	CFD	Increasing Short	57,682	2.6722  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:				14 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END