Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

12 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:			11 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:				23,570,611	1.80%	11,864,273	0.90%
(2) Cash-settled derivatives:				10,942,782	0.83%	22,924,550	1.75%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				34,513,393	2.63%	34,788,823	2.65%
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	2.7373  GBP
10 10/11p ordinary	Purchase	500,000	2.7350  GBP
10 10/11p ordinary	Purchase	112,720	2.7398  GBP
10 10/11p ordinary	Purchase	99,021	2.7406  GBP
10 10/11p ordinary	Purchase	55,615	2.7391  GBP
10 10/11p ordinary	Purchase	51,396	2.7400  GBP
10 10/11p ordinary	Purchase	27,894	2.7320  GBP
10 10/11p ordinary	Purchase	22,094	2.7394  GBP
10 10/11p ordinary	Purchase	15,372	2.7381  GBP
10 10/11p ordinary	Purchase	14,600	2.7433  GBP
10 10/11p ordinary	Purchase	11,655	2.7386  GBP
10 10/11p ordinary	Purchase	8,603	2.7392  GBP
10 10/11p ordinary	Purchase	8,505	2.7430  GBP
10 10/11p ordinary	Purchase	7,833	2.7389  GBP
10 10/11p ordinary	Purchase	6,400	2.7401  GBP
10 10/11p ordinary	Purchase	4,618	2.7380  GBP
10 10/11p ordinary	Purchase	3,915	2.7434  GBP
10 10/11p ordinary	Purchase	2,506	2.7440  GBP
10 10/11p ordinary	Purchase	2,461	2.7460  GBP
10 10/11p ordinary	Purchase	2,133	2.7379  GBP
10 10/11p ordinary	Purchase	2,005	2.7351  GBP
10 10/11p ordinary	Purchase	1,754	2.7420  GBP
10 10/11p ordinary	Purchase	1,446	2.7480  GBP
10 10/11p ordinary	Purchase	1,353	2.7326  GBP
10 10/11p ordinary	Purchase	1,258	2.7360  GBP
10 10/11p ordinary	Purchase	1,046	2.7500  GBP
ADR	Purchase	1,000	14.1300  USD
10 10/11p ordinary	Purchase	979	2.7403  GBP
10 10/11p ordinary	Purchase	814	2.7463  GBP
10 10/11p ordinary	Purchase	487	2.7474  GBP
10 10/11p ordinary	Sale	583,238	2.7394  GBP
10 10/11p ordinary	Sale	149,617	2.7398  GBP
10 10/11p ordinary	Sale	116,726	2.7341  GBP
10 10/11p ordinary	Sale	105,101	2.7351  GBP
10 10/11p ordinary	Sale	83,990	2.7336  GBP
10 10/11p ordinary	Sale	30,156	2.7400  GBP
10 10/11p ordinary	Sale	29,739	2.7338  GBP
10 10/11p ordinary	Sale	23,737	2.7294  GBP
10 10/11p ordinary	Sale	10,351	2.7273  GBP
10 10/11p ordinary	Sale	7,044	2.7373  GBP
10 10/11p ordinary	Sale	5,696	2.7381  GBP
10 10/11p ordinary	Sale	4,725	2.7315  GBP
10 10/11p ordinary	Sale	3,201	2.7332  GBP
10 10/11p ordinary	Sale	2,991	2.7378  GBP
10 10/11p ordinary	Sale	2,865	2.7479  GBP
10 10/11p ordinary	Sale	2,506	2.7440  GBP
10 10/11p ordinary	Sale	2,195	2.7339  GBP
10 10/11p ordinary	Sale	2,175	2.7460  GBP
10 10/11p ordinary	Sale	2,015	2.7397  GBP
10 10/11p ordinary	Sale	1,654	2.7420  GBP
10 10/11p ordinary	Sale	1,083	2.7366  GBP
ADR	Sale	1,000	14.1300  USD
10 10/11p ordinary	Sale	992	2.7380  GBP
10 10/11p ordinary	Sale	165	2.7369  GBP
10 10/11p ordinary	Sale	92	2.7389  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	500,000	2.7350  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,351	2.7273  GBP
10 10/11p ordinary	SWAP	Decreasing Short	23,737	2.7294  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,725	2.7315  GBP
10 10/11p ordinary	SWAP	Decreasing Short	52,397	2.7336  GBP
10 10/11p ordinary	SWAP	Decreasing Short	33,294	2.7338  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,195	2.7339  GBP
10 10/11p ordinary	SWAP	Decreasing Short	116,726	2.7341  GBP
10 10/11p ordinary	SWAP	Decreasing Short	105,101	2.7351  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,083	2.7366  GBP
10 10/11p ordinary	SWAP	Decreasing Short	165	2.7369  GBP
10 10/11p ordinary	SWAP	Decreasing Short	188,116	2.7373  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,991	2.7378  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,696	2.7381  GBP
10 10/11p ordinary	SWAP	Decreasing Short	180	2.7394  GBP
10 10/11p ordinary	SWAP	Decreasing Short	88,397	2.7395  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,789	2.7398  GBP
10 10/11p ordinary	SWAP	Decreasing Short	299,817	2.7400  GBP
10 10/11p ordinary	SWAP	Increasing Short	26,823	2.7320  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,005	2.7351  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.7373  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,883	2.7390  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,783	2.7396  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,979	2.7400  GBP
10 10/11p ordinary	SWAP	Increasing Short	82,393	2.7401  GBP
10 10/11p ordinary	SWAP	Increasing Short	18,159	2.7403  GBP
10 10/11p ordinary	SWAP	Increasing Short	99,021	2.7406  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,600	2.7433  GBP
10 10/11p ordinary	CFD	Decreasing Short	67,174	2.7397  GBP
10 10/11p ordinary	CFD	Increasing Short	721	2.7301  GBP
10 10/11p ordinary	CFD	Increasing Short	350	2.7322  GBP
10 10/11p ordinary	CFD	Increasing Short	650	2.7332  GBP
10 10/11p ordinary	CFD	Increasing Short	14,683	2.7380  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:				12 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END