Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

04 March 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:			03 Mar 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:				21,055,050	1.61%	10,155,562	0.77%
(2) Cash-settled derivatives:				9,888,848	0.75%	20,588,799	1.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,943,898	2.36%	30,744,361	2.34%
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	150,404	2.7676  GBP
10 10/11p ordinary	Purchase	63,186	2.7679  GBP
10 10/11p ordinary	Purchase	49,763	2.7728  GBP
10 10/11p ordinary	Purchase	35,937	2.7768  GBP
10 10/11p ordinary	Purchase	27,570	2.7685  GBP
10 10/11p ordinary	Purchase	25,673	2.7680  GBP
10 10/11p ordinary	Purchase	21,894	2.7760  GBP
10 10/11p ordinary	Purchase	18,787	2.7744  GBP
10 10/11p ordinary	Purchase	11,385	2.7658  GBP
10 10/11p ordinary	Purchase	10,209	2.7691  GBP
10 10/11p ordinary	Purchase	8,724	2.7754  GBP
10 10/11p ordinary	Purchase	4,515	2.7681  GBP
10 10/11p ordinary	Purchase	3,183	2.7758  GBP
10 10/11p ordinary	Purchase	2,722	2.7611  GBP
10 10/11p ordinary	Purchase	1,833	2.7668  GBP
10 10/11p ordinary	Purchase	1,136	2.7620  GBP
ADR	Purchase	1,100	14.7400  USD
10 10/11p ordinary	Purchase	986	2.7580  GBP
10 10/11p ordinary	Purchase	657	2.7640  GBP
10 10/11p ordinary	Purchase	348	2.7700  GBP
10 10/11p ordinary	Sale	72,480	2.7704  GBP
10 10/11p ordinary	Sale	66,774	2.7659  GBP
10 10/11p ordinary	Sale	49,905	2.7660  GBP
10 10/11p ordinary	Sale	33,390	2.7699  GBP
10 10/11p ordinary	Sale	26,733	2.7680  GBP
10 10/11p ordinary	Sale	16,927	2.7736  GBP
10 10/11p ordinary	Sale	7,403	2.7682  GBP
10 10/11p ordinary	Sale	5,726	2.7728  GBP
10 10/11p ordinary	Sale	4,388	2.7643  GBP
10 10/11p ordinary	Sale	3,418	2.7724  GBP
10 10/11p ordinary	Sale	2,368	2.7698  GBP
10 10/11p ordinary	Sale	1,786	2.7760  GBP
10 10/11p ordinary	Sale	1,692	2.7705  GBP
ADR	Sale	1,100	14.7400  USD
10 10/11p ordinary	Sale	1,087	2.7720  GBP
10 10/11p ordinary	Sale	806	2.7518  GBP
10 10/11p ordinary	Sale	753	2.7613  GBP
10 10/11p ordinary	Sale	748	2.7580  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	806	2.7518  GBP
10 10/11p ordinary	SWAP	Decreasing Short	748	2.7580  GBP
10 10/11p ordinary	SWAP	Decreasing Short	26,008	2.7597  GBP
10 10/11p ordinary	SWAP	Decreasing Short	56,536	2.7653  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,390	2.7655  GBP
10 10/11p ordinary	SWAP	Decreasing Short	26,733	2.7680  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,070	2.7682  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,238	2.7692  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,501	2.7693  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,948	2.7698  GBP
10 10/11p ordinary	SWAP	Decreasing Short	72,480	2.7704  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,692	2.7706  GBP
10 10/11p ordinary	SWAP	Decreasing Short	19,147	2.7729  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,927	2.7736  GBP
10 10/11p ordinary	SWAP	Increasing Short	28,594	2.7657  GBP
10 10/11p ordinary	SWAP	Increasing Short	11,385	2.7658  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,709	2.7675  GBP
10 10/11p ordinary	SWAP	Increasing Short	65,567	2.7677  GBP
10 10/11p ordinary	SWAP	Increasing Short	52,671	2.7680  GBP
10 10/11p ordinary	SWAP	Increasing Short	50,238	2.7681  GBP
10 10/11p ordinary	SWAP	Increasing Short	27,570	2.7685  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,209	2.7691  GBP
10 10/11p ordinary	SWAP	Increasing Short	49,763	2.7728  GBP
10 10/11p ordinary	SWAP	Increasing Short	21,738	2.7760  GBP
10 10/11p ordinary	SWAP	Increasing Short	26,311	2.7764  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,036	2.7773  GBP
10 10/11p ordinary	CFD	Increasing Short	13,155	2.7695  GBP
10 10/11p ordinary	CFD	Increasing Short	4,666	2.7731  GBP
10 10/11p ordinary	CFD	Increasing Short	660	2.7761  GBP
10 10/11p ordinary	CFD	Increasing Short	370	2.7762  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:				04 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END