Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

11 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:			10 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:				23,098,877	1.76%	11,688,968	0.89%
(2) Cash-settled derivatives:				10,786,304	0.82%	22,490,956	1.72%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				33,885,181	2.58%	34,179,924	2.61%
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	500,000	2.7653  GBP
10 10/11p ordinary	Purchase	500,000	2.7635  GBP
10 10/11p ordinary	Purchase	97,011	2.7618  GBP
10 10/11p ordinary	Purchase	76,578	2.7601  GBP
10 10/11p ordinary	Purchase	59,830	2.7600  GBP
10 10/11p ordinary	Purchase	49,238	2.7611  GBP
10 10/11p ordinary	Purchase	14,630	2.7674  GBP
ADR	Purchase	12,000	14.7400  USD
10 10/11p ordinary	Purchase	7,844	2.7626  GBP
10 10/11p ordinary	Purchase	5,400	2.7677  GBP
10 10/11p ordinary	Purchase	4,782	2.7646  GBP
10 10/11p ordinary	Purchase	4,151	2.7642  GBP
10 10/11p ordinary	Purchase	4,137	2.7620  GBP
10 10/11p ordinary	Purchase	3,396	2.7607  GBP
10 10/11p ordinary	Purchase	2,474	2.7610  GBP
10 10/11p ordinary	Purchase	1,657	2.7627  GBP
10 10/11p ordinary	Purchase	1,502	2.7609  GBP
10 10/11p ordinary	Purchase	1,078	2.7640  GBP
10 10/11p ordinary	Purchase	796	2.7580  GBP
10 10/11p ordinary	Purchase	700	2.7700  GBP
ADR	Purchase	8	14.2600  USD
10 10/11p ordinary	Sale	50,613	2.7612  GBP
10 10/11p ordinary	Sale	42,193	2.7598  GBP
10 10/11p ordinary	Sale	41,078	2.7597  GBP
10 10/11p ordinary	Sale	38,319	2.7609  GBP
10 10/11p ordinary	Sale	37,488	2.7620  GBP
10 10/11p ordinary	Sale	33,969	2.7605  GBP
10 10/11p ordinary	Sale	32,360	2.7595  GBP
10 10/11p ordinary	Sale	14,557	2.7628  GBP
10 10/11p ordinary	Sale	13,005	2.7624  GBP
10 10/11p ordinary	Sale	12,706	2.7633  GBP
10 10/11p ordinary	Sale	11,335	2.7621  GBP
10 10/11p ordinary	Sale	8,425	2.7607  GBP
10 10/11p ordinary	Sale	7,323	2.7626  GBP
10 10/11p ordinary	Sale	6,272	2.7636  GBP
10 10/11p ordinary	Sale	6,028	2.7600  GBP
10 10/11p ordinary	Sale	5,769	2.7596  GBP
10 10/11p ordinary	Sale	5,613	2.7634  GBP
10 10/11p ordinary	Sale	2,481	2.7606  GBP
10 10/11p ordinary	Sale	2,419	2.7640  GBP
10 10/11p ordinary	Sale	1,674	2.7729  GBP
10 10/11p ordinary	Sale	1,335	2.7608  GBP
10 10/11p ordinary	Sale	1,127	2.7660  GBP
10 10/11p ordinary	Sale	806	2.7580  GBP
10 10/11p ordinary	Sale	578	2.7679  GBP
10 10/11p ordinary	Sale	420	2.7615  GBP
10 10/11p ordinary	Sale	408	2.7599  GBP
10 10/11p ordinary	Sale	134	2.7650  GBP
10 10/11p ordinary	Sale	21	2.7611  GBP
10 10/11p ordinary	Sale	9	2.7855  GBP
ADR	Sale	8	14.2600  USD
(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	32,360	2.7595  GBP
10 10/11p ordinary	SWAP	Decreasing Short	104	2.7597  GBP
10 10/11p ordinary	SWAP	Decreasing Short	32,953	2.7598  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,768	2.7599  GBP
10 10/11p ordinary	SWAP	Decreasing Short	56,418	2.7600  GBP
10 10/11p ordinary	SWAP	Decreasing Short	33,969	2.7605  GBP
10 10/11p ordinary	SWAP	Decreasing Short	34,633	2.7611  GBP
10 10/11p ordinary	SWAP	Decreasing Short	420	2.7615  GBP
10 10/11p ordinary	SWAP	Decreasing Short	388	2.7625  GBP
10 10/11p ordinary	SWAP	Decreasing Short	14,557	2.7628  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,613	2.7634  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,509	2.7636  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,033	2.7639  GBP
10 10/11p ordinary	SWAP	Decreasing Short	989	2.7640  GBP
10 10/11p ordinary	SWAP	Decreasing Short	578	2.7679  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,674	2.7729  GBP
10 10/11p ordinary	SWAP	Decreasing Short	9	2.7859  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,500	2.7592  GBP
10 10/11p ordinary	SWAP	Increasing Short	44,543	2.7600  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,938	2.7601  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,087	2.7604  GBP
10 10/11p ordinary	SWAP	Increasing Short	24,831	2.7609  GBP
10 10/11p ordinary	SWAP	Increasing Short	41,447	2.7612  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,526	2.7614  GBP
10 10/11p ordinary	SWAP	Increasing Short	421	2.7626  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,657	2.7627  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,764	2.7631  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.7635  GBP
10 10/11p ordinary	SWAP	Increasing Short	520	2.7640  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,782	2.7646  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.7653  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,630	2.7674  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,400	2.7677  GBP
10 10/11p ordinary	SWAP	Increasing Short	4	2.7860  GBP
10 10/11p ordinary	CFD	Increasing Short	12,000	2.7354  GBP
10 10/11p ordinary	CFD	Increasing Short	1,973	2.7606  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:				11 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END