Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

27 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:			26 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:				35,152,789	2.68%	7,805,708	0.59%
(2) Cash-settled derivatives:				8,120,396	0.62%	33,998,469	2.59%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,273,185	3.30%	41,804,177	3.18%
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	147,887	2.8362  GBP
10 10/11p ordinary	Purchase	111,120	2.8360  GBP
10 10/11p ordinary	Purchase	63,864	2.8411  GBP
10 10/11p ordinary	Purchase	63,634	2.8390  GBP
10 10/11p ordinary	Purchase	34,670	2.8359  GBP
10 10/11p ordinary	Purchase	22,683	2.8400  GBP
10 10/11p ordinary	Purchase	22,492	2.8405  GBP
10 10/11p ordinary	Purchase	16,761	2.8402  GBP
10 10/11p ordinary	Purchase	10,594	2.8435  GBP
10 10/11p ordinary	Purchase	4,761	2.8337  GBP
10 10/11p ordinary	Purchase	3,117	2.8412  GBP
10 10/11p ordinary	Purchase	1,539	2.8369  GBP
10 10/11p ordinary	Purchase	1,345	2.8398  GBP
10 10/11p ordinary	Purchase	1,022	2.8430  GBP
10 10/11p ordinary	Purchase	746	2.8332  GBP
10 10/11p ordinary	Purchase	444	2.8399  GBP
10 10/11p ordinary	Purchase	381	2.8424  GBP
10 10/11p ordinary	Purchase	40	2.8330  GBP
10 10/11p ordinary	Purchase	8	2.8420  GBP
10 10/11p ordinary	Sale	79,741	2.8360  GBP
10 10/11p ordinary	Sale	57,914	2.8379  GBP
10 10/11p ordinary	Sale	25,751	2.8380  GBP
10 10/11p ordinary	Sale	10,594	2.8435  GBP
10 10/11p ordinary	Sale	3,935	2.8319  GBP
10 10/11p ordinary	Sale	3,896	2.8385  GBP
10 10/11p ordinary	Sale	3,700	2.8373  GBP
10 10/11p ordinary	Sale	2,766	2.8400  GBP
10 10/11p ordinary	Sale	2,244	2.8376  GBP
10 10/11p ordinary	Sale	1,512	2.8340  GBP
10 10/11p ordinary	Sale	1,236	2.8344  GBP
10 10/11p ordinary	Sale	1,074	2.8320  GBP
10 10/11p ordinary	Sale	746	2.8332  GBP
10 10/11p ordinary	Sale	672	2.8430  GBP
10 10/11p ordinary	Sale	381	2.8427  GBP
10 10/11p ordinary	Sale	281	2.8440  GBP
10 10/11p ordinary	Sale	87	2.8500  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	3,935	2.8319  GBP
10 10/11p ordinary	SWAP	Decreasing Short	780	2.8320  GBP
10 10/11p ordinary	SWAP	Decreasing Short	581	2.8341  GBP
10 10/11p ordinary	SWAP	Decreasing Short	147	2.8342  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,867	2.8360  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,700	2.8373  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,244	2.8376  GBP
10 10/11p ordinary	SWAP	Decreasing Short	25,751	2.8380  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,896	2.8385  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,800	2.8340  GBP
10 10/11p ordinary	SWAP	Increasing Short	143,281	2.8360  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,100	2.8362  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,439	2.8364  GBP
10 10/11p ordinary	SWAP	Increasing Short	182	2.8368  GBP
10 10/11p ordinary	SWAP	Increasing Short	123,570	2.8390  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,345	2.8398  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,590	2.8400  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,761	2.8402  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,533	2.8408  GBP
10 10/11p ordinary	SWAP	Increasing Short	21,761	2.8410  GBP
10 10/11p ordinary	SWAP	Increasing Short	650	2.8412  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,279	2.8339  GBP
10 10/11p ordinary	CFD	Increasing Short	13,799	2.8421  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:				27 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END