Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

21 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:			20 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:				34,851,636	2.66%	9,171,354	0.69%
(2) Cash-settled derivatives:				9,518,829	0.73%	33,856,041	2.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,370,465	3.38%	43,027,395	3.28%
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	980,657	2.8220  GBP
10 10/11p ordinary	Purchase	254,866	2.8221  GBP
10 10/11p ordinary	Purchase	172,397	2.8235  GBP
10 10/11p ordinary	Purchase	143,783	2.8237  GBP
10 10/11p ordinary	Purchase	31,392	2.8166  GBP
10 10/11p ordinary	Purchase	26,214	2.8219  GBP
10 10/11p ordinary	Purchase	15,027	2.8234  GBP
10 10/11p ordinary	Purchase	14,547	2.8195  GBP
10 10/11p ordinary	Purchase	6,877	2.8274  GBP
10 10/11p ordinary	Purchase	5,965	2.8289  GBP
10 10/11p ordinary	Purchase	5,721	2.8240  GBP
10 10/11p ordinary	Purchase	4,948	2.8238  GBP
10 10/11p ordinary	Purchase	3,636	2.8160  GBP
10 10/11p ordinary	Purchase	2,746	2.8202  GBP
10 10/11p ordinary	Purchase	2,040	2.8222  GBP
10 10/11p ordinary	Purchase	1,451	2.8360  GBP
10 10/11p ordinary	Purchase	1,055	2.8201  GBP
10 10/11p ordinary	Purchase	921	2.8180  GBP
10 10/11p ordinary	Purchase	877	2.8300  GBP
10 10/11p ordinary	Purchase	769	2.8229  GBP
10 10/11p ordinary	Purchase	35	2.8177  GBP
10 10/11p ordinary	Sale	252,392	2.8220  GBP
10 10/11p ordinary	Sale	143,324	2.8223  GBP
10 10/11p ordinary	Sale	56,945	2.8219  GBP
10 10/11p ordinary	Sale	50,105	2.8238  GBP
10 10/11p ordinary	Sale	47,310	2.8206  GBP
10 10/11p ordinary	Sale	41,939	2.8199  GBP
10 10/11p ordinary	Sale	35,417	2.8201  GBP
10 10/11p ordinary	Sale	30,117	2.8276  GBP
10 10/11p ordinary	Sale	23,482	2.8218  GBP
10 10/11p ordinary	Sale	16,620	2.8222  GBP
10 10/11p ordinary	Sale	15,940	2.8245  GBP
10 10/11p ordinary	Sale	15,122	2.8254  GBP
10 10/11p ordinary	Sale	13,580	2.8175  GBP
10 10/11p ordinary	Sale	11,600	2.8177  GBP
10 10/11p ordinary	Sale	9,663	2.8260  GBP
10 10/11p ordinary	Sale	9,240	2.8236  GBP
10 10/11p ordinary	Sale	5,827	2.8235  GBP
10 10/11p ordinary	Sale	4,247	2.8253  GBP
10 10/11p ordinary	Sale	3,686	2.8319  GBP
10 10/11p ordinary	Sale	3,634	2.8208  GBP
10 10/11p ordinary	Sale	2,628	2.8185  GBP
10 10/11p ordinary	Sale	2,545	2.8160  GBP
10 10/11p ordinary	Sale	2,336	2.8247  GBP
10 10/11p ordinary	Sale	1,574	2.8162  GBP
10 10/11p ordinary	Sale	1,118	2.8202  GBP
10 10/11p ordinary	Sale	877	2.8300  GBP
10 10/11p ordinary	Sale	777	2.8179  GBP
10 10/11p ordinary	Sale	574	2.8168  GBP
10 10/11p ordinary	Sale	509	2.8240  GBP
10 10/11p ordinary	Sale	401	2.8200  GBP
10 10/11p ordinary	Sale	292	2.8180  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	10,178	2.8159  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,500	2.8177  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,100	2.8178  GBP
10 10/11p ordinary	SWAP	Decreasing Short	777	2.8179  GBP
10 10/11p ordinary	SWAP	Decreasing Short	41,939	2.8199  GBP
10 10/11p ordinary	SWAP	Decreasing Short	35,417	2.8201  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,118	2.8202  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,112	2.8205  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,174	2.8208  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,225	2.8215  GBP
10 10/11p ordinary	SWAP	Decreasing Short	46,988	2.8216  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,474	2.8218  GBP
10 10/11p ordinary	SWAP	Decreasing Short	57,007	2.8219  GBP
10 10/11p ordinary	SWAP	Decreasing Short	240,172	2.8220  GBP
10 10/11p ordinary	SWAP	Decreasing Short	20,022	2.8222  GBP
10 10/11p ordinary	SWAP	Decreasing Short	54,595	2.8228  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,686	2.8319  GBP
10 10/11p ordinary	SWAP	Decreasing Short	27	2.8480  GBP
10 10/11p ordinary	SWAP	Increasing Short	32,236	2.8167  GBP
10 10/11p ordinary	SWAP	Increasing Short	35	2.8168  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,547	2.8195  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,657	2.8198  GBP
10 10/11p ordinary	SWAP	Increasing Short	51,915	2.8208  GBP
10 10/11p ordinary	SWAP	Increasing Short	206,699	2.8220  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,196	2.8222  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,048	2.8223  GBP
10 10/11p ordinary	SWAP	Increasing Short	38,247	2.8225  GBP
10 10/11p ordinary	SWAP	Increasing Short	147,222	2.8235  GBP
10 10/11p ordinary	SWAP	Increasing Short	135	2.8241  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,547	2.8248  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,877	2.8274  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,896	2.8278  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,965	2.8289  GBP
10 10/11p ordinary	SWAP	Increasing Short	11,526	2.8327  GBP
10 10/11p ordinary	CFD	Decreasing Short	50,088	2.8221  GBP
10 10/11p ordinary	CFD	Increasing Short	773	2.8261  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:				21 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END