Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

20 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:			19 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:				34,629,357	2.64%	9,821,178	0.74%
(2) Cash-settled derivatives:				9,409,282	0.72%	33,840,572	2.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,038,639	3.36%	43,661,750	3.32%
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	330,832	2.8360  GBP
10 10/11p ordinary	Purchase	177,867	2.8363  GBP
10 10/11p ordinary	Purchase	111,873	2.8357  GBP
10 10/11p ordinary	Purchase	46,296	2.8395  GBP
10 10/11p ordinary	Purchase	22,548	2.8377  GBP
10 10/11p ordinary	Purchase	12,791	2.8460  GBP
10 10/11p ordinary	Purchase	9,975	2.8426  GBP
10 10/11p ordinary	Purchase	5,993	2.8390  GBP
10 10/11p ordinary	Purchase	3,830	2.8454  GBP
10 10/11p ordinary	Purchase	3,487	2.8450  GBP
10 10/11p ordinary	Purchase	2,641	2.8417  GBP
10 10/11p ordinary	Purchase	1,820	2.8384  GBP
10 10/11p ordinary	Purchase	1,229	2.8440  GBP
10 10/11p ordinary	Purchase	784	2.8380  GBP
10 10/11p ordinary	Purchase	731	2.8480  GBP
10 10/11p ordinary	Purchase	581	2.8411  GBP
10 10/11p ordinary	Purchase	563	2.8430  GBP
10 10/11p ordinary	Purchase	545	2.8420  GBP
10 10/11p ordinary	Purchase	487	2.8400  GBP
10 10/11p ordinary	Purchase	240	2.8410  GBP
10 10/11p ordinary	Purchase	154	2.8479  GBP
10 10/11p ordinary	Purchase	76	2.8398  GBP
10 10/11p ordinary	Sale	111,873	2.8357  GBP
10 10/11p ordinary	Sale	60,274	2.8361  GBP
10 10/11p ordinary	Sale	35,142	2.8359  GBP
10 10/11p ordinary	Sale	22,402	2.8400  GBP
10 10/11p ordinary	Sale	6,072	2.8410  GBP
10 10/11p ordinary	Sale	4,940	2.8360  GBP
10 10/11p ordinary	Sale	3,888	2.8367  GBP
10 10/11p ordinary	Sale	3,494	2.8387  GBP
10 10/11p ordinary	Sale	3,411	2.8460  GBP
10 10/11p ordinary	Sale	3,100	2.8375  GBP
10 10/11p ordinary	Sale	2,531	2.8340  GBP
10 10/11p ordinary	Sale	2,001	2.8328  GBP
10 10/11p ordinary	Sale	1,566	2.8383  GBP
10 10/11p ordinary	Sale	1,472	2.8380  GBP
10 10/11p ordinary	Sale	1,465	2.8397  GBP
10 10/11p ordinary	Sale	1,241	2.8425  GBP
10 10/11p ordinary	Sale	789	2.8440  GBP
10 10/11p ordinary	Sale	685	2.8415  GBP
10 10/11p ordinary	Sale	589	2.8438  GBP
10 10/11p ordinary	Sale	494	2.8420  GBP
10 10/11p ordinary	Sale	241	2.8457  GBP
10 10/11p ordinary	Sale	209	2.8452  GBP
10 10/11p ordinary	Sale	154	2.8480  GBP
10 10/11p ordinary	Sale	94	2.8419  GBP
10 10/11p ordinary	Sale	5	2.8362  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	44	2.8220  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,366	2.8359  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,542	2.8360  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5	2.8362  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,404	2.8364  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,888	2.8367  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,100	2.8375  GBP
10 10/11p ordinary	SWAP	Decreasing Short	322	2.8397  GBP
10 10/11p ordinary	SWAP	Decreasing Short	21,991	2.8400  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,072	2.8410  GBP
10 10/11p ordinary	SWAP	Decreasing Short	685	2.8415  GBP
10 10/11p ordinary	SWAP	Decreasing Short	94	2.8419  GBP
10 10/11p ordinary	SWAP	Decreasing Short	209	2.8452  GBP
10 10/11p ordinary	SWAP	Decreasing Short	194	2.8454  GBP
10 10/11p ordinary	SWAP	Decreasing Short	241	2.8457  GBP
10 10/11p ordinary	SWAP	Increasing Short	225	2.8313  GBP
10 10/11p ordinary	SWAP	Increasing Short	314,595	2.8360  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,548	2.8377  GBP
10 10/11p ordinary	SWAP	Increasing Short	32,004	2.8381  GBP
10 10/11p ordinary	SWAP	Increasing Short	272	2.8382  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,707	2.8383  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,820	2.8384  GBP
10 10/11p ordinary	SWAP	Increasing Short	50,674	2.8395  GBP
10 10/11p ordinary	SWAP	Increasing Short	76	2.8398  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,269	2.8418  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,435	2.8427  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,091	2.8460  GBP
10 10/11p ordinary	CFD	Decreasing Short	46,625	2.8357  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:				20 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END