Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

03 April 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:			02 Apr 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:				36,233,747	2.76%	7,983,214	0.60%
(2) Cash-settled derivatives:				8,165,330	0.62%	35,078,949	2.67%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,399,077	3.39%	43,062,163	3.27%
Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				0	0.00%	200,000	0.06%
(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:				0	0.00%	200,000	0.06%
(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	168,018	2.8194  GBP
10 10/11p ordinary	Purchase	147,137	2.8374  GBP
10 10/11p ordinary	Purchase	42,293	2.8095  GBP
10 10/11p ordinary	Purchase	37,401	2.8296  GBP
10 10/11p ordinary	Purchase	26,390	2.8440  GBP
10 10/11p ordinary	Purchase	23,088	2.8203  GBP
10 10/11p ordinary	Purchase	20,846	2.8251  GBP
10 10/11p ordinary	Purchase	20,284	2.8165  GBP
10 10/11p ordinary	Purchase	17,244	2.8192  GBP
10 10/11p ordinary	Purchase	8,302	2.8160  GBP
10 10/11p ordinary	Purchase	7,735	2.8225  GBP
10 10/11p ordinary	Purchase	7,479	2.8040  GBP
10 10/11p ordinary	Purchase	7,044	2.8140  GBP
10 10/11p ordinary	Purchase	6,905	2.8240  GBP
10 10/11p ordinary	Purchase	4,691	2.8113  GBP
10 10/11p ordinary	Purchase	3,883	2.8260  GBP
10 10/11p ordinary	Purchase	3,559	2.8241  GBP
10 10/11p ordinary	Purchase	3,350	2.8146  GBP
10 10/11p ordinary	Purchase	2,790	2.8147  GBP
10 10/11p ordinary	Purchase	2,634	2.8134  GBP
10 10/11p ordinary	Purchase	2,280	2.8159  GBP
10 10/11p ordinary	Purchase	2,114	2.8246  GBP
10 10/11p ordinary	Purchase	1,932	2.8181  GBP
10 10/11p ordinary	Purchase	1,888	2.8080  GBP
10 10/11p ordinary	Purchase	1,655	2.8220  GBP
10 10/11p ordinary	Purchase	1,374	2.8217  GBP
10 10/11p ordinary	Purchase	1,302	2.8180  GBP
10 10/11p ordinary	Purchase	1,165	2.8100  GBP
10 10/11p ordinary	Purchase	138	2.8295  GBP
10 10/11p ordinary	Sale	168,929	2.8265  GBP
10 10/11p ordinary	Sale	157,983	2.8354  GBP
10 10/11p ordinary	Sale	108,200	2.8294  GBP
10 10/11p ordinary	Sale	100,941	2.8236  GBP
10 10/11p ordinary	Sale	95,239	2.8204  GBP
10 10/11p ordinary	Sale	54,506	2.8439  GBP
10 10/11p ordinary	Sale	53,297	2.8199  GBP
10 10/11p ordinary	Sale	40,073	2.8188  GBP
10 10/11p ordinary	Sale	33,851	2.8280  GBP
10 10/11p ordinary	Sale	25,400	2.8170  GBP
10 10/11p ordinary	Sale	24,499	2.8159  GBP
10 10/11p ordinary	Sale	23,609	2.8169  GBP
10 10/11p ordinary	Sale	17,402	2.8192  GBP
10 10/11p ordinary	Sale	8,794	2.8440  GBP
10 10/11p ordinary	Sale	8,212	2.8163  GBP
10 10/11p ordinary	Sale	7,479	2.8040  GBP
10 10/11p ordinary	Sale	7,075	2.8140  GBP
10 10/11p ordinary	Sale	7,003	2.8240  GBP
10 10/11p ordinary	Sale	6,486	2.8198  GBP
10 10/11p ordinary	Sale	6,370	2.8160  GBP
10 10/11p ordinary	Sale	4,496	2.8190  GBP
10 10/11p ordinary	Sale	3,849	2.8165  GBP
10 10/11p ordinary	Sale	3,416	2.8220  GBP
10 10/11p ordinary	Sale	3,223	2.8099  GBP
10 10/11p ordinary	Sale	1,498	2.8175  GBP
10 10/11p ordinary	Sale	1,290	2.8080  GBP
10 10/11p ordinary	Sale	1,165	2.8100  GBP
10 10/11p ordinary	Sale	770	2.8133  GBP
10 10/11p ordinary	Sale	715	2.8180  GBP
10 10/11p ordinary	Sale	677	2.8091  GBP
10 10/11p ordinary	Sale	659	2.8260  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	42,293	2.8095  GBP
10 10/11p ordinary	SWAP	Increasing Short	285,946	2.8168  GBP
10 10/11p ordinary	SWAP	Increasing Short	20,846	2.8251  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,068	2.8164  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,407	2.8166  GBP
10 10/11p ordinary	SWAP	Decreasing Short	23,609	2.8169  GBP
10 10/11p ordinary	SWAP	Decreasing Short	25,400	2.8170  GBP
10 10/11p ordinary	SWAP	Decreasing Short	20,104	2.8171  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,578	2.8199  GBP
10 10/11p ordinary	SWAP	Decreasing Short	95,239	2.8204  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,404	2.8212  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,706	2.8220  GBP
10 10/11p ordinary	SWAP	Decreasing Short	99,363	2.8237  GBP
10 10/11p ordinary	SWAP	Decreasing Short	49,084	2.8278  GBP
10 10/11p ordinary	SWAP	Decreasing Short	597	2.8280  GBP
10 10/11p ordinary	SWAP	Decreasing Short	102,100	2.8288  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,100	2.8406  GBP
10 10/11p ordinary	SWAP	Decreasing Short	41,549	2.8439  GBP
10 10/11p ordinary	SWAP	Decreasing Short	90,317	2.8440  GBP
10 10/11p ordinary	SWAP	Increasing Short	598	2.8080  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,328	2.8160  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,974	2.8171  GBP
10 10/11p ordinary	SWAP	Increasing Short	23,788	2.8203  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,494	2.8208  GBP
10 10/11p ordinary	SWAP	Increasing Short	945	2.8220  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,735	2.8225  GBP
10 10/11p ordinary	SWAP	Increasing Short	10	2.8280  GBP
10 10/11p ordinary	SWAP	Increasing Short	138	2.8295  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,795	2.8440  GBP
10 10/11p ordinary	SWAP	Increasing Short	51,096	2.8441  GBP
10 10/11p ordinary	CFD	Decreasing Short	20,258	2.8123  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,794	2.8264  GBP
10 10/11p ordinary	CFD	Increasing Short	1,701	2.8269  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:				03 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END