Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

10 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:			07 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:				22,739,362	1.73%	12,298,192	0.94%
(2) Cash-settled derivatives:				11,387,399	0.87%	22,126,003	1.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				34,126,761	2.60%	34,424,195	2.63%
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	98,929	2.7720  GBP
10 10/11p ordinary	Purchase	74,863	2.7530  GBP
10 10/11p ordinary	Purchase	43,327	2.7716  GBP
10 10/11p ordinary	Purchase	40,458	2.7548  GBP
10 10/11p ordinary	Purchase	33,937	2.7719  GBP
10 10/11p ordinary	Purchase	5,101	2.7497  GBP
10 10/11p ordinary	Purchase	3,821	2.7536  GBP
10 10/11p ordinary	Purchase	2,706	2.7510  GBP
10 10/11p ordinary	Purchase	986	2.7520  GBP
10 10/11p ordinary	Purchase	950	2.7546  GBP
10 10/11p ordinary	Purchase	530	2.7560  GBP
10 10/11p ordinary	Sale	161,618	2.7714  GBP
10 10/11p ordinary	Sale	85,676	2.7720  GBP
10 10/11p ordinary	Sale	23,437	2.7572  GBP
10 10/11p ordinary	Sale	19,400	2.7562  GBP
10 10/11p ordinary	Sale	17,027	2.7565  GBP
10 10/11p ordinary	Sale	12,097	2.7589  GBP
10 10/11p ordinary	Sale	10,836	2.7699  GBP
10 10/11p ordinary	Sale	6,696	2.7584  GBP
10 10/11p ordinary	Sale	4,738	2.7543  GBP
10 10/11p ordinary	Sale	4,140	2.7625  GBP
10 10/11p ordinary	Sale	3,996	2.7619  GBP
10 10/11p ordinary	Sale	3,765	2.7598  GBP
10 10/11p ordinary	Sale	2,353	2.7561  GBP
10 10/11p ordinary	Sale	1,009	2.7549  GBP
10 10/11p ordinary	Sale	933	2.7520  GBP
10 10/11p ordinary	Sale	824	2.7560  GBP
10 10/11p ordinary	Sale	727	2.7440  GBP
10 10/11p ordinary	Sale	351	2.7419  GBP
10 10/11p ordinary	Sale	250	2.7519  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 Short	183,400	2.7520  GBP
10 10/11p ordinary	SWAP	Decreasing Short	351	2.7419  GBP
10 10/11p ordinary	SWAP	Decreasing Short	250	2.7519  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,738	2.7543  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,572	2.7559  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,353	2.7561  GBP
10 10/11p ordinary	SWAP	Decreasing Short	19,400	2.7562  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,027	2.7565  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,865	2.7577  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,444	2.7584  GBP
10 10/11p ordinary	SWAP	Decreasing Short	12,097	2.7589  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,765	2.7598  GBP
10 10/11p ordinary	SWAP	Decreasing Short	252	2.7600  GBP
10 10/11p ordinary	SWAP	Decreasing Short	230	2.7604  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,766	2.7620  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,140	2.7625  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,580	2.7637  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,024	2.7683  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,454	2.7692  GBP
10 10/11p ordinary	SWAP	Decreasing Short	26,812	2.7715  GBP
10 10/11p ordinary	SWAP	Decreasing Short	43,187	2.7719  GBP
10 10/11p ordinary	SWAP	Decreasing Short	40,198	2.7720  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,101	2.7497  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,607	2.7516  GBP
10 10/11p ordinary	SWAP	Increasing Short	629	2.7527  GBP
10 10/11p ordinary	SWAP	Increasing Short	74,863	2.7530  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,821	2.7536  GBP
10 10/11p ordinary	SWAP	Increasing Short	1	2.7540  GBP
10 10/11p ordinary	SWAP	Increasing Short	36,826	2.7549  GBP
10 10/11p ordinary	SWAP	Increasing Short	27	2.7677  GBP
10 10/11p ordinary	SWAP	Increasing Short	85,105	2.7720  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,079	2.7721  GBP
10 10/11p ordinary	CFD	Decreasing Short	44,957	2.7718  GBP
10 10/11p ordinary	CFD	Increasing Short	2,932	2.7537  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:				10 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END