Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

28 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:			27 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:				35,155,855	2.68%	7,647,719	0.58%
(2) Cash-settled derivatives:				7,942,320	0.61%	34,061,384	2.60%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,098,175	3.29%	41,709,103	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	236,746	2.8190  GBP
10 10/11p ordinary	Purchase	139,810	2.8191  GBP
10 10/11p ordinary	Purchase	117,964	2.8196  GBP
10 10/11p ordinary	Purchase	103,119	2.8200  GBP
10 10/11p ordinary	Purchase	18,488	2.8158  GBP
10 10/11p ordinary	Purchase	17,750	2.8208  GBP
10 10/11p ordinary	Purchase	15,073	2.8215  GBP
10 10/11p ordinary	Purchase	11,779	2.8160  GBP
10 10/11p ordinary	Purchase	8,869	2.8197  GBP
10 10/11p ordinary	Purchase	8,856	2.8198  GBP
10 10/11p ordinary	Purchase	7,285	2.8151  GBP
10 10/11p ordinary	Purchase	3,750	2.8213  GBP
10 10/11p ordinary	Purchase	3,537	2.8220  GBP
10 10/11p ordinary	Purchase	2,738	2.8224  GBP
10 10/11p ordinary	Purchase	2,595	2.8176  GBP
10 10/11p ordinary	Purchase	2,439	2.8120  GBP
10 10/11p ordinary	Purchase	2,080	2.8099  GBP
10 10/11p ordinary	Purchase	1,912	2.8226  GBP
10 10/11p ordinary	Purchase	1,532	2.8240  GBP
10 10/11p ordinary	Purchase	576	2.8227  GBP
10 10/11p ordinary	Purchase	535	2.8140  GBP
10 10/11p ordinary	Purchase	340	2.8180  GBP
10 10/11p ordinary	Purchase	50	2.8040  GBP
10 10/11p ordinary	Sale	179,811	2.8200  GBP
10 10/11p ordinary	Sale	87,233	2.8202  GBP
10 10/11p ordinary	Sale	61,031	2.8188  GBP
10 10/11p ordinary	Sale	40,000	2.8175  GBP
10 10/11p ordinary	Sale	26,332	2.8167  GBP
10 10/11p ordinary	Sale	24,956	2.8176  GBP
10 10/11p ordinary	Sale	20,227	2.8190  GBP
10 10/11p ordinary	Sale	18,629	2.8171  GBP
10 10/11p ordinary	Sale	17,300	2.8114  GBP
10 10/11p ordinary	Sale	11,756	2.8173  GBP
10 10/11p ordinary	Sale	9,993	2.8119  GBP
10 10/11p ordinary	Sale	9,659	2.8183  GBP
10 10/11p ordinary	Sale	6,807	2.8134  GBP
10 10/11p ordinary	Sale	6,706	2.8184  GBP
10 10/11p ordinary	Sale	5,149	2.8180  GBP
10 10/11p ordinary	Sale	4,992	2.8177  GBP
10 10/11p ordinary	Sale	3,583	2.8192  GBP
10 10/11p ordinary	Sale	3,222	2.8229  GBP
10 10/11p ordinary	Sale	2,611	2.8135  GBP
10 10/11p ordinary	Sale	2,388	2.8122  GBP
10 10/11p ordinary	Sale	1,453	2.8128  GBP
10 10/11p ordinary	Sale	885	2.8158  GBP
10 10/11p ordinary	Sale	809	2.8172  GBP
10 10/11p ordinary	Sale	382	2.8120  GBP
10 10/11p ordinary	Sale	264	2.8239  GBP
10 10/11p ordinary	Sale	172	2.8140  GBP
10 10/11p ordinary	Sale	169	2.8230  GBP
10 10/11p ordinary	Sale	157	2.8201  GBP
10 10/11p ordinary	Sale	50	2.8040  GBP
10 10/11p ordinary	Sale	42	2.8159  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	11,900	2.8103  GBP
10 10/11p ordinary	SWAP	Decreasing Short	9,993	2.8119  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,388	2.8122  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,807	2.8134  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,611	2.8135  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,400	2.8138  GBP
10 10/11p ordinary	SWAP	Decreasing Short	18,629	2.8171  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,270	2.8173  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,857	2.8185  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,772	2.8195  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,351	2.8200  GBP
10 10/11p ordinary	SWAP	Decreasing Short	245	2.8228  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,283	2.8229  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15	2.8480  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,195	2.8157  GBP
10 10/11p ordinary	SWAP	Increasing Short	18,488	2.8158  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,974	2.8160  GBP
10 10/11p ordinary	SWAP	Increasing Short	900	2.8173  GBP
10 10/11p ordinary	SWAP	Increasing Short	300	2.8180  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,449	2.8182  GBP
10 10/11p ordinary	SWAP	Increasing Short	12,005	2.8185  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,938	2.8193  GBP
10 10/11p ordinary	SWAP	Increasing Short	49,184	2.8196  GBP
10 10/11p ordinary	SWAP	Increasing Short	163,452	2.8200  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,750	2.8208  GBP
10 10/11p ordinary	SWAP	Increasing Short	15,850	2.8217  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,232	2.8236  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,532	2.8240  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,903	2.8110  GBP
10 10/11p ordinary	CFD	Increasing Short	11,166	2.8150  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:				28 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END