Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

05 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:			04 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:				20,821,361	1.59%	11,239,111	0.86%
(2) Cash-settled derivatives:				10,534,221	0.80%	20,382,515	1.55%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,355,582	2.39%	31,621,626	2.41%
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	301,250	2.7581  GBP
10 10/11p ordinary	Purchase	216,645	2.7481  GBP
10 10/11p ordinary	Purchase	134,770	2.7460  GBP
10 10/11p ordinary	Purchase	106,018	2.7465  GBP
10 10/11p ordinary	Purchase	82,486	2.7506  GBP
10 10/11p ordinary	Purchase	72,365	2.7527  GBP
10 10/11p ordinary	Purchase	60,200	2.7652  GBP
10 10/11p ordinary	Purchase	22,686	2.7523  GBP
10 10/11p ordinary	Purchase	9,522	2.7597  GBP
10 10/11p ordinary	Purchase	8,264	2.7519  GBP
10 10/11p ordinary	Purchase	6,346	2.7632  GBP
10 10/11p ordinary	Purchase	4,921	2.7560  GBP
10 10/11p ordinary	Purchase	4,763	2.7569  GBP
10 10/11p ordinary	Purchase	2,992	2.7551  GBP
10 10/11p ordinary	Purchase	2,733	2.7539  GBP
10 10/11p ordinary	Purchase	2,547	2.7489  GBP
10 10/11p ordinary	Purchase	1,859	2.7508  GBP
10 10/11p ordinary	Purchase	1,161	2.7530  GBP
10 10/11p ordinary	Purchase	991	2.7480  GBP
10 10/11p ordinary	Purchase	991	2.7660  GBP
10 10/11p ordinary	Purchase	523	2.7700  GBP
10 10/11p ordinary	Purchase	334	2.7620  GBP
10 10/11p ordinary	Purchase	208	2.7640  GBP
10 10/11p ordinary	Sale	647,588	2.7522  GBP
10 10/11p ordinary	Sale	295,313	2.7537  GBP
10 10/11p ordinary	Sale	283,045	2.7461  GBP
10 10/11p ordinary	Sale	228,988	2.7460  GBP
10 10/11p ordinary	Sale	169,997	2.7520  GBP
10 10/11p ordinary	Sale	156,667	2.7530  GBP
10 10/11p ordinary	Sale	156,231	2.7518  GBP
10 10/11p ordinary	Sale	119,043	2.7466  GBP
10 10/11p ordinary	Sale	76,539	2.7516  GBP
10 10/11p ordinary	Sale	51,974	2.7512  GBP
10 10/11p ordinary	Sale	44,360	2.7540  GBP
10 10/11p ordinary	Sale	34,053	2.7483  GBP
10 10/11p ordinary	Sale	31,427	2.7559  GBP
10 10/11p ordinary	Sale	13,987	2.7514  GBP
10 10/11p ordinary	Sale	9,808	2.7495  GBP
10 10/11p ordinary	Sale	8,488	2.7595  GBP
10 10/11p ordinary	Sale	5,652	2.7511  GBP
10 10/11p ordinary	Sale	5,068	2.7538  GBP
10 10/11p ordinary	Sale	4,921	2.7560  GBP
10 10/11p ordinary	Sale	4,567	2.7515  GBP
10 10/11p ordinary	Sale	3,157	2.7552  GBP
10 10/11p ordinary	Sale	2,102	2.7652  GBP
10 10/11p ordinary	Sale	1,654	2.7517  GBP
10 10/11p ordinary	Sale	1,443	2.7500  GBP
10 10/11p ordinary	Sale	1,359	2.7660  GBP
10 10/11p ordinary	Sale	1,242	2.7480  GBP
10 10/11p ordinary	Sale	1,138	2.7620  GBP
10 10/11p ordinary	Sale	822	2.7488  GBP
10 10/11p ordinary	Sale	523	2.7700  GBP
10 10/11p ordinary	Sale	449	2.7630  GBP
10 10/11p ordinary	Sale	208	2.7640  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	74,074	2.7460  GBP
10 10/11p ordinary	SWAP	Decreasing Short	573	2.7492  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,925	2.7508  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,433	2.7514  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,567	2.7515  GBP
10 10/11p ordinary	SWAP	Decreasing Short	76,539	2.7516  GBP
10 10/11p ordinary	SWAP	Decreasing Short	60,046	2.7517  GBP
10 10/11p ordinary	SWAP	Decreasing Short	73,353	2.7518  GBP
10 10/11p ordinary	SWAP	Decreasing Short	165,743	2.7520  GBP
10 10/11p ordinary	SWAP	Decreasing Short	105,372	2.7521  GBP
10 10/11p ordinary	SWAP	Decreasing Short	647,588	2.7522  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,992	2.7524  GBP
10 10/11p ordinary	SWAP	Decreasing Short	95,662	2.7536  GBP
10 10/11p ordinary	SWAP	Decreasing Short	276,826	2.7537  GBP
10 10/11p ordinary	SWAP	Decreasing Short	62,847	2.7540  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,739	2.7545  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,427	2.7559  GBP
10 10/11p ordinary	SWAP	Increasing Short	50,732	2.7460  GBP
10 10/11p ordinary	SWAP	Increasing Short	142,589	2.7461  GBP
10 10/11p ordinary	SWAP	Increasing Short	400	2.7480  GBP
10 10/11p ordinary	SWAP	Increasing Short	56,325	2.7483  GBP
10 10/11p ordinary	SWAP	Increasing Short	82,486	2.7506  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,686	2.7523  GBP
10 10/11p ordinary	SWAP	Increasing Short	138,840	2.7527  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,268	2.7529  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,737	2.7531  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,992	2.7551  GBP
10 10/11p ordinary	SWAP	Increasing Short	301,250	2.7581  GBP
10 10/11p ordinary	SWAP	Increasing Short	60,200	2.7652  GBP
10 10/11p ordinary	CFD	Increasing Short	12,544	2.7530  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:				05 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END