Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

11 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:			10 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:				35,497,043	2.71%	8,148,266	0.62%
(2) Cash-settled derivatives:				8,410,224	0.64%	34,636,763	2.64%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,907,267	3.35%	42,785,029	3.26%
(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	247,124	2.6915  GBP
10 10/11p ordinary	Purchase	243,823	2.6697  GBP
10 10/11p ordinary	Purchase	94,382	2.6816  GBP
10 10/11p ordinary	Purchase	76,336	2.6827  GBP
10 10/11p ordinary	Purchase	30,945	2.6685  GBP
10 10/11p ordinary	Purchase	18,571	2.6834  GBP
10 10/11p ordinary	Purchase	14,736	2.6680  GBP
10 10/11p ordinary	Purchase	13,293	2.7021  GBP
10 10/11p ordinary	Purchase	11,290	2.6860  GBP
10 10/11p ordinary	Purchase	9,647	2.6880  GBP
10 10/11p ordinary	Purchase	5,545	2.6939  GBP
10 10/11p ordinary	Purchase	4,808	2.6899  GBP
10 10/11p ordinary	Purchase	4,537	2.6890  GBP
10 10/11p ordinary	Purchase	4,200	2.7116  GBP
10 10/11p ordinary	Purchase	3,967	2.6873  GBP
10 10/11p ordinary	Purchase	2,432	2.6844  GBP
10 10/11p ordinary	Purchase	2,318	2.6895  GBP
10 10/11p ordinary	Purchase	1,136	2.6829  GBP
10 10/11p ordinary	Purchase	1,131	2.6900  GBP
10 10/11p ordinary	Purchase	194	2.6960  GBP
10 10/11p ordinary	Purchase	123	2.6836  GBP
10 10/11p ordinary	Purchase	94	2.6820  GBP
10 10/11p ordinary	Purchase	94	2.6819  GBP
10 10/11p ordinary	Purchase	82	2.6920  GBP
10 10/11p ordinary	Sale	168,414	2.6680  GBP
10 10/11p ordinary	Sale	77,685	2.6841  GBP
10 10/11p ordinary	Sale	31,860	2.6756  GBP
10 10/11p ordinary	Sale	27,972	2.6886  GBP
10 10/11p ordinary	Sale	23,417	2.6806  GBP
10 10/11p ordinary	Sale	12,452	2.6855  GBP
10 10/11p ordinary	Sale	7,224	2.7360  GBP
10 10/11p ordinary	Sale	6,342	2.6762  GBP
10 10/11p ordinary	Sale	5,631	2.6866  GBP
10 10/11p ordinary	Sale	4,690	2.6851  GBP
10 10/11p ordinary	Sale	3,431	2.6811  GBP
10 10/11p ordinary	Sale	2,125	2.6840  GBP
10 10/11p ordinary	Sale	1,371	2.6880  GBP
10 10/11p ordinary	Sale	1,282	2.6751  GBP
10 10/11p ordinary	Sale	1,210	2.6783  GBP
10 10/11p ordinary	Sale	1,100	2.7179  GBP
10 10/11p ordinary	Sale	1,037	2.6679  GBP
10 10/11p ordinary	Sale	94	2.6820  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	9,883	2.6678  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,037	2.6679  GBP
10 10/11p ordinary	SWAP	Decreasing Short	14,985	2.6680  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,282	2.6751  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,860	2.6756  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,342	2.6762  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,600	2.6776  GBP
10 10/11p ordinary	SWAP	Decreasing Short	35,738	2.6796  GBP
10 10/11p ordinary	SWAP	Decreasing Short	19,817	2.6812  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,125	2.6840  GBP
10 10/11p ordinary	SWAP	Decreasing Short	12,452	2.6855  GBP
10 10/11p ordinary	SWAP	Decreasing Short	160	2.6858  GBP
10 10/11p ordinary	SWAP	Decreasing Short	41	2.6859  GBP
10 10/11p ordinary	SWAP	Increasing Short	100,558	2.6680  GBP
10 10/11p ordinary	SWAP	Increasing Short	29,911	2.6681  GBP
10 10/11p ordinary	SWAP	Increasing Short	133,653	2.6683  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,583	2.6748  GBP
10 10/11p ordinary	SWAP	Increasing Short	313	2.6800  GBP
10 10/11p ordinary	SWAP	Increasing Short	76,336	2.6827  GBP
10 10/11p ordinary	SWAP	Increasing Short	42,693	2.6841  GBP
10 10/11p ordinary	SWAP	Increasing Short	68,397	2.6847  GBP
10 10/11p ordinary	SWAP	Increasing Short	15,433	2.6903  GBP
10 10/11p ordinary	SWAP	Increasing Short	247,124	2.6915  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,545	2.6939  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,293	2.7021  GBP
10 10/11p ordinary	CFD	Decreasing Short	45,615	2.6911  GBP
10 10/11p ordinary	CFD	Increasing Short	1,808	2.6868  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:				11 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END