Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

18 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:			17 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:				17,535,921	1.34%	13,080,269	1.00%
(2) Cash-settled derivatives:				13,879,543	1.06%	17,306,788	1.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,415,464	2.40%	30,387,057	2.32%
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	220,000	2.6813  GBP
10 10/11p ordinary	Purchase	134,716	2.6800  GBP
10 10/11p ordinary	Purchase	119,149	2.6820  GBP
10 10/11p ordinary	Purchase	85,984	2.6788  GBP
10 10/11p ordinary	Purchase	75,527	2.6819  GBP
10 10/11p ordinary	Purchase	51,467	2.6798  GBP
10 10/11p ordinary	Purchase	34,958	2.6780  GBP
10 10/11p ordinary	Purchase	16,393	2.6810  GBP
10 10/11p ordinary	Purchase	12,914	2.6762  GBP
10 10/11p ordinary	Purchase	10,361	2.6770  GBP
10 10/11p ordinary	Purchase	9,382	2.6804  GBP
10 10/11p ordinary	Purchase	8,662	2.6789  GBP
10 10/11p ordinary	Purchase	2,998	2.6836  GBP
10 10/11p ordinary	Purchase	2,287	2.6822  GBP
10 10/11p ordinary	Purchase	1,942	2.6840  GBP
10 10/11p ordinary	Purchase	1,642	2.6783  GBP
10 10/11p ordinary	Purchase	928	2.6760  GBP
10 10/11p ordinary	Purchase	230	2.6820  GBP
10 10/11p ordinary	Purchase	86	2.6740  GBP
10 10/11p ordinary	Sale	399,088	2.6820  GBP
10 10/11p ordinary	Sale	68,644	2.6819  GBP
10 10/11p ordinary	Sale	62,467	2.6802  GBP
10 10/11p ordinary	Sale	55,360	2.6813  GBP
10 10/11p ordinary	Sale	33,746	2.6783  GBP
10 10/11p ordinary	Sale	27,786	2.6811  GBP
10 10/11p ordinary	Sale	24,504	2.6780  GBP
10 10/11p ordinary	Sale	21,208	2.6817  GBP
10 10/11p ordinary	Sale	19,234	2.6821  GBP
10 10/11p ordinary	Sale	16,985	2.6810  GBP
10 10/11p ordinary	Sale	12,200	2.6741  GBP
10 10/11p ordinary	Sale	12,087	2.6798  GBP
10 10/11p ordinary	Sale	11,870	2.6799  GBP
10 10/11p ordinary	Sale	11,126	2.6787  GBP
10 10/11p ordinary	Sale	10,365	2.6775  GBP
10 10/11p ordinary	Sale	10,361	2.6773  GBP
10 10/11p ordinary	Sale	9,860	2.6740  GBP
10 10/11p ordinary	Sale	5,194	2.6823  GBP
10 10/11p ordinary	Sale	5,075	2.6844  GBP
10 10/11p ordinary	Sale	4,890	2.6818  GBP
10 10/11p ordinary	Sale	2,821	2.6808  GBP
10 10/11p ordinary	Sale	2,442	2.6778  GBP
10 10/11p ordinary	Sale	2,335	2.6782  GBP
10 10/11p ordinary	Sale	1,986	2.6840  GBP
10 10/11p ordinary	Sale	1,504	2.6776  GBP
10 10/11p ordinary	Sale	1,342	2.6760  GBP
10 10/11p ordinary	Sale	1,214	2.6800  GBP
10 10/11p ordinary	Sale	1,113	2.6739  GBP
10 10/11p ordinary	Sale	740	2.6815  GBP
10 10/11p ordinary	Sale	251	2.6820  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	12,200	2.6741  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,104	2.6766  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,365	2.6775  GBP
10 10/11p ordinary	SWAP	Increasing Long	11,279	2.6776  GBP
10 10/11p ordinary	SWAP	Increasing Long	550	2.6800  GBP
10 10/11p ordinary	SWAP	Increasing Long	30,708	2.6802  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,937	2.6807  GBP
10 10/11p ordinary	SWAP	Increasing Long	297	2.6808  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,985	2.6810  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,301	2.6816  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,004	2.6818  GBP
10 10/11p ordinary	SWAP	Increasing Long	383,631	2.6820  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,734	2.6824  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,914	2.6762  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,642	2.6783  GBP
10 10/11p ordinary	SWAP	Decreasing Long	81,724	2.6787  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,414	2.6791  GBP
10 10/11p ordinary	SWAP	Decreasing Long	707	2.6796  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,382	2.6804  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,127	2.6810  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,260	2.6811  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,260	2.6818  GBP
10 10/11p ordinary	SWAP	Decreasing Long	114,283	2.6820  GBP
10 10/11p ordinary	SWAP	Decreasing Long	72,576	2.6821  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,998	2.6836  GBP
10 10/11p ordinary	CFD	Increasing Short	107,702	2.6800  GBP
10 10/11p ordinary	CFD	Increasing Short	17,230	2.6816  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:				18 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END