Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

27 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:			26 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:				20,943,590	1.60%	8,865,813	0.68%
(2) Cash-settled derivatives:				9,490,333	0.72%	20,692,058	1.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,433,923	2.32%	29,557,871	2.25%
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	283,194	2.7137  GBP
10 10/11p ordinary	Purchase	167,256	2.7171  GBP
10 10/11p ordinary	Purchase	156,518	2.6972  GBP
10 10/11p ordinary	Purchase	102,507	2.7215  GBP
10 10/11p ordinary	Purchase	87,324	2.6989  GBP
10 10/11p ordinary	Purchase	52,320	2.7109  GBP
10 10/11p ordinary	Purchase	44,092	2.7049  GBP
10 10/11p ordinary	Purchase	20,700	2.6887  GBP
10 10/11p ordinary	Purchase	19,935	2.7010  GBP
10 10/11p ordinary	Purchase	16,118	2.6931  GBP
10 10/11p ordinary	Purchase	11,891	2.6900  GBP
10 10/11p ordinary	Purchase	10,092	2.7029  GBP
10 10/11p ordinary	Purchase	7,860	2.7013  GBP
10 10/11p ordinary	Purchase	4,905	2.7123  GBP
10 10/11p ordinary	Purchase	3,371	2.6920  GBP
10 10/11p ordinary	Purchase	3,207	2.7030  GBP
10 10/11p ordinary	Purchase	2,914	2.6892  GBP
10 10/11p ordinary	Purchase	2,566	2.7107  GBP
10 10/11p ordinary	Purchase	2,183	2.7220  GBP
10 10/11p ordinary	Purchase	2,032	2.7140  GBP
10 10/11p ordinary	Purchase	1,892	2.6983  GBP
10 10/11p ordinary	Purchase	1,470	2.6928  GBP
10 10/11p ordinary	Purchase	1,243	2.6930  GBP
10 10/11p ordinary	Purchase	1,234	2.6895  GBP
10 10/11p ordinary	Purchase	1,160	2.6880  GBP
10 10/11p ordinary	Purchase	1,061	2.7080  GBP
10 10/11p ordinary	Purchase	1,016	2.7177  GBP
10 10/11p ordinary	Purchase	786	2.6940  GBP
10 10/11p ordinary	Purchase	516	2.6969  GBP
10 10/11p ordinary	Purchase	433	2.7099  GBP
10 10/11p ordinary	Purchase	433	2.7100  GBP
10 10/11p ordinary	Purchase	344	2.6954  GBP
10 10/11p ordinary	Purchase	147	2.7048  GBP
10 10/11p ordinary	Purchase	88	2.7096  GBP
10 10/11p ordinary	Sale	836,404	2.6640  GBP
10 10/11p ordinary	Sale	257,963	2.7220  GBP
10 10/11p ordinary	Sale	213,000	2.7015  GBP
10 10/11p ordinary	Sale	115,835	2.7219  GBP
10 10/11p ordinary	Sale	74,295	2.7150  GBP
10 10/11p ordinary	Sale	71,680	2.7126  GBP
10 10/11p ordinary	Sale	61,990	2.7064  GBP
10 10/11p ordinary	Sale	54,214	2.7011  GBP
10 10/11p ordinary	Sale	37,999	2.7138  GBP
10 10/11p ordinary	Sale	33,688	2.7058  GBP
10 10/11p ordinary	Sale	31,440	2.7140  GBP
10 10/11p ordinary	Sale	25,436	2.7129  GBP
10 10/11p ordinary	Sale	13,501	2.7021  GBP
10 10/11p ordinary	Sale	9,525	2.6969  GBP
10 10/11p ordinary	Sale	6,461	2.7134  GBP
10 10/11p ordinary	Sale	5,938	2.6993  GBP
10 10/11p ordinary	Sale	5,249	2.7151  GBP
10 10/11p ordinary	Sale	4,781	2.7139  GBP
10 10/11p ordinary	Sale	3,954	2.7079  GBP
10 10/11p ordinary	Sale	3,891	2.6900  GBP
10 10/11p ordinary	Sale	3,265	2.7027  GBP
10 10/11p ordinary	Sale	3,093	2.7036  GBP
10 10/11p ordinary	Sale	3,018	2.7121  GBP
10 10/11p ordinary	Sale	2,235	2.7020  GBP
10 10/11p ordinary	Sale	1,530	2.7013  GBP
10 10/11p ordinary	Sale	1,061	2.7080  GBP
10 10/11p ordinary	Sale	805	2.6979  GBP
10 10/11p ordinary	Sale	433	2.7100  GBP
10 10/11p ordinary	Sale	344	2.6957  GBP
10 10/11p ordinary	Sale	88	2.7099  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	Decreasing Short	836,404	2.6640  GBP
10 10/11p ordinary	SWAP	Decreasing Short	27,559	2.6898  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,311	2.6961  GBP
10 10/11p ordinary	SWAP	Decreasing Short	805	2.6979  GBP
10 10/11p ordinary	SWAP	Decreasing Short	100,334	2.7001  GBP
10 10/11p ordinary	SWAP	Decreasing Short	110,123	2.7020  GBP
10 10/11p ordinary	SWAP	Decreasing Short	61,990	2.7064  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,061	2.7087  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,336	2.7108  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,461	2.7134  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,781	2.7139  GBP
10 10/11p ordinary	SWAP	Decreasing Short	115,835	2.7219  GBP
10 10/11p ordinary	SWAP	Decreasing Short	260,384	2.7220  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,224	2.6700  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,203	2.6816  GBP
10 10/11p ordinary	SWAP	Increasing Short	20,700	2.6887  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,118	2.6931  GBP
10 10/11p ordinary	SWAP	Increasing Short	786	2.6940  GBP
10 10/11p ordinary	SWAP	Increasing Short	155,103	2.6972  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,892	2.6983  GBP
10 10/11p ordinary	SWAP	Increasing Short	87,324	2.6989  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,207	2.7030  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,022	2.7040  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,138	2.7057  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,566	2.7107  GBP
10 10/11p ordinary	SWAP	Increasing Short	52,320	2.7109  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,016	2.7177  GBP
10 10/11p ordinary	SWAP	Increasing Short	140,538	2.7220  GBP
10 10/11p ordinary	SWAP	Increasing Short	100,303	2.7221  GBP
10 10/11p ordinary	CFD	Increasing Short	9,515	2.7105  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:				27 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END