Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

10 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:			09 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:				35,485,233	2.71%	8,549,927	0.65%
(2) Cash-settled derivatives:				8,816,536	0.67%	34,473,365	2.63%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,301,769	3.38%	43,023,292	3.28%
(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	200,000	2.6048  GBP
10 10/11p ordinary	Purchase	106,393	2.6136  GBP
10 10/11p ordinary	Purchase	54,549	2.6200  GBP
10 10/11p ordinary	Purchase	32,751	2.6170  GBP
10 10/11p ordinary	Purchase	30,900	2.6137  GBP
10 10/11p ordinary	Purchase	26,332	2.6181  GBP
10 10/11p ordinary	Purchase	22,931	2.6084  GBP
10 10/11p ordinary	Purchase	19,981	2.6111  GBP
10 10/11p ordinary	Purchase	5,140	2.6043  GBP
10 10/11p ordinary	Purchase	3,200	2.6060  GBP
10 10/11p ordinary	Purchase	2,922	2.6120  GBP
10 10/11p ordinary	Purchase	2,260	2.6140  GBP
10 10/11p ordinary	Purchase	1,417	2.6150  GBP
10 10/11p ordinary	Purchase	1,041	2.6380  GBP
10 10/11p ordinary	Purchase	949	2.6042  GBP
10 10/11p ordinary	Purchase	648	2.6180  GBP
10 10/11p ordinary	Purchase	625	2.6240  GBP
10 10/11p ordinary	Purchase	607	2.6080  GBP
10 10/11p ordinary	Purchase	607	2.6079  GBP
10 10/11p ordinary	Purchase	174	2.6210  GBP
10 10/11p ordinary	Sale	269,268	2.6196  GBP
10 10/11p ordinary	Sale	252,301	2.6200  GBP
10 10/11p ordinary	Sale	85,698	2.6098  GBP
10 10/11p ordinary	Sale	80,436	2.6179  GBP
10 10/11p ordinary	Sale	21,927	2.6137  GBP
10 10/11p ordinary	Sale	15,725	2.6157  GBP
10 10/11p ordinary	Sale	13,492	2.6133  GBP
10 10/11p ordinary	Sale	11,617	2.6107  GBP
10 10/11p ordinary	Sale	8,131	2.6142  GBP
10 10/11p ordinary	Sale	8,023	2.6152  GBP
10 10/11p ordinary	Sale	7,803	2.6122  GBP
10 10/11p ordinary	Sale	6,139	2.6145  GBP
10 10/11p ordinary	Sale	5,636	2.6136  GBP
10 10/11p ordinary	Sale	5,380	2.6173  GBP
10 10/11p ordinary	Sale	5,237	2.6138  GBP
10 10/11p ordinary	Sale	4,900	2.6100  GBP
10 10/11p ordinary	Sale	3,965	2.6123  GBP
10 10/11p ordinary	Sale	2,045	2.6090  GBP
10 10/11p ordinary	Sale	1,705	2.6080  GBP
10 10/11p ordinary	Sale	1,514	2.6056  GBP
10 10/11p ordinary	Sale	1,200	2.6040  GBP
10 10/11p ordinary	Sale	822	2.6279  GBP
10 10/11p ordinary	Sale	718	2.6120  GBP
10 10/11p ordinary	Sale	424	2.6180  GBP
10 10/11p ordinary	Sale	352	2.6275  GBP
10 10/11p ordinary	Sale	87	2.6210  GBP
10 10/11p ordinary	Sale	3	2.5980  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	25,267	2.6134  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3	2.5978  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,514	2.6056  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,523	2.6078  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,045	2.6090  GBP
10 10/11p ordinary	SWAP	Decreasing Short	85,698	2.6098  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,617	2.6107  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,497	2.6109  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,930	2.6112  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,965	2.6123  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,197	2.6140  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,131	2.6142  GBP
10 10/11p ordinary	SWAP	Decreasing Short	22,188	2.6158  GBP
10 10/11p ordinary	SWAP	Decreasing Short	58,687	2.6168  GBP
10 10/11p ordinary	SWAP	Decreasing Short	74,799	2.6183  GBP
10 10/11p ordinary	SWAP	Decreasing Short	341,100	2.6200  GBP
10 10/11p ordinary	SWAP	Decreasing Short	59,781	2.6203  GBP
10 10/11p ordinary	SWAP	Decreasing Short	822	2.6279  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,491	2.6300  GBP
10 10/11p ordinary	SWAP	Increasing Short	200,000	2.6048  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,927	2.6059  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,428	2.6079  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,981	2.6111  GBP
10 10/11p ordinary	SWAP	Increasing Short	106,393	2.6136  GBP
10 10/11p ordinary	SWAP	Increasing Short	30,900	2.6137  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,635	2.6140  GBP
10 10/11p ordinary	SWAP	Increasing Short	24,042	2.6150  GBP
10 10/11p ordinary	SWAP	Increasing Short	820	2.6160  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,695	2.6200  GBP
10 10/11p ordinary	SWAP	Increasing Short	21,432	2.6201  GBP
10 10/11p ordinary	SWAP	Increasing Short	881	2.6246  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,561	2.6101  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,483	2.6124  GBP
10 10/11p ordinary	CFD	Decreasing Short	22,925	2.6267  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,439	2.6285  GBP
10 10/11p ordinary	CFD	Increasing Short	6,669	2.6262  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:				10 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END