Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

11 April 2025

 

FORM 8.3 - Amendment - this form replaces RNS number 4028D published at 15:18 on 02/04/2025, changes made to section 2a and 3a
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				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				01 Apr 2025
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			36,251,475	2.76%	7,598,757	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			7,783,811	0.59%	34,827,420	2.66%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,035,286	3.36%	42,426,177	3.23%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10 10/11p ordinary		Purchase		500,000		2.8084  GBP
10 10/11p ordinary		Purchase		285,946		2.8168  GBP
10 10/11p ordinary		Purchase		176,257		2.8101  GBP
10 10/11p ordinary		Purchase		136,074		2.8126  GBP
10 10/11p ordinary		Purchase		114,106		2.8127  GBP
10 10/11p ordinary		Purchase		91,954		2.8071  GBP
10 10/11p ordinary		Purchase		85,611		2.8108  GBP
10 10/11p ordinary		Purchase		65,586		2.8135  GBP
10 10/11p ordinary		Purchase		62,616		2.8109  GBP
10 10/11p ordinary		Purchase		50,359		2.8106  GBP
10 10/11p ordinary		Purchase		37,511		2.8145  GBP
10 10/11p ordinary		Purchase		33,875		2.8124  GBP
10 10/11p ordinary		Purchase		29,972		2.8160  GBP
10 10/11p ordinary		Purchase		26,063		2.8140  GBP
10 10/11p ordinary		Purchase		25,179		2.8032  GBP
10 10/11p ordinary		Purchase		20,143		2.8051  GBP
10 10/11p ordinary		Purchase		19,052		2.8125  GBP
10 10/11p ordinary		Purchase		12,590		2.8118  GBP
10 10/11p ordinary		Purchase		12,590		2.8176  GBP
10 10/11p ordinary		Purchase		10,888		2.8147  GBP
10 10/11p ordinary		Purchase		9,051		2.8144  GBP
10 10/11p ordinary		Purchase		7,212		2.8090  GBP
10 10/11p ordinary		Purchase		5,556		2.8112  GBP
10 10/11p ordinary		Purchase		3,256		2.8120  GBP
10 10/11p ordinary		Purchase		3,060		2.8085  GBP
10 10/11p ordinary		Purchase		2,076		2.8100  GBP
10 10/11p ordinary		Purchase		1,730		2.8174  GBP
10 10/11p ordinary		Purchase		1,369		2.8080  GBP
10 10/11p ordinary		Purchase		1,148		2.8060  GBP
10 10/11p ordinary		Purchase		626		2.8040  GBP
10 10/11p ordinary		Purchase		552		2.8020  GBP
10 10/11p ordinary		Purchase		261		2.8200  GBP
10 10/11p ordinary		Purchase		180		2.8000  GBP
10 10/11p ordinary		Purchase		85		2.8180  GBP
10 10/11p ordinary		Sale		170,258		2.8156  GBP
10 10/11p ordinary		Sale		48,877		2.8060  GBP
10 10/11p ordinary		Sale		43,784		2.8141  GBP
10 10/11p ordinary		Sale		43,217		2.8132  GBP
10 10/11p ordinary		Sale		33,336		2.8120  GBP
10 10/11p ordinary		Sale		29,511		2.8042  GBP
10 10/11p ordinary		Sale		22,879		2.8080  GBP
10 10/11p ordinary		Sale		19,896		2.8110  GBP
10 10/11p ordinary		Sale		16,026		2.8100  GBP
10 10/11p ordinary		Sale		12,365		2.8145  GBP
10 10/11p ordinary		Sale		10,501		2.8127  GBP
10 10/11p ordinary		Sale		10,027		2.8146  GBP
10 10/11p ordinary		Sale		9,853		2.8086  GBP
10 10/11p ordinary		Sale		7,756		2.8239  GBP
10 10/11p ordinary		Sale		6,886		2.8041  GBP
10 10/11p ordinary		Sale		5,877		2.8093  GBP
10 10/11p ordinary		Sale		5,700		2.8114  GBP
10 10/11p ordinary		Sale		5,608		2.8109  GBP
10 10/11p ordinary		Sale		5,572		2.8116  GBP
10 10/11p ordinary		Sale		5,059		2.8051  GBP
10 10/11p ordinary		Sale		3,567		2.8017  GBP
10 10/11p ordinary		Sale		3,264		2.8090  GBP
10 10/11p ordinary		Sale		626		2.8040  GBP
10 10/11p ordinary		Sale		552		2.8020  GBP
10 10/11p ordinary		Sale		469		2.8160  GBP
10 10/11p ordinary		Sale		417		2.8091  GBP
10 10/11p ordinary		Sale		261		2.8200  GBP
10 10/11p ordinary		Sale		253		2.8197  GBP
10 10/11p ordinary		Sale		195		2.8191  GBP
10 10/11p ordinary		Sale		180		2.8000  GBP
10 10/11p ordinary		Sale		105		2.8140  GBP
10 10/11p ordinary		Sale		93		2.8198  GBP
10 10/11p ordinary		Sale		85		2.8180  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10 10/11p ordinary		SWAP		Increasing Short		120,861	2.8090  GBP
10 10/11p ordinary		SWAP		Increasing Short		261,868	2.8103  GBP
10 10/11p ordinary		SWAP		Increasing Short		25,071	2.8125  GBP
10 10/11p ordinary		SWAP		Decreasing Short		29,511	2.8042  GBP
10 10/11p ordinary		SWAP		Decreasing Short		659	2.8074  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,311	2.8093  GBP
10 10/11p ordinary		SWAP		Decreasing Short		27,925	2.8095  GBP
10 10/11p ordinary		SWAP		Decreasing Short		10,781	2.8099  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,798	2.8110  GBP
10 10/11p ordinary		SWAP		Decreasing Short		800	2.8112  GBP
10 10/11p ordinary		SWAP		Decreasing Short		860	2.8119  GBP
10 10/11p ordinary		SWAP		Decreasing Short		888	2.8120  GBP
10 10/11p ordinary		SWAP		Decreasing Short		10,501	2.8127  GBP
10 10/11p ordinary		SWAP		Decreasing Short		27,751	2.8128  GBP
10 10/11p ordinary		SWAP		Decreasing Short		532	2.8136  GBP
10 10/11p ordinary		SWAP		Decreasing Short		652	2.8137  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,983	2.8143  GBP
10 10/11p ordinary		SWAP		Decreasing Short		9,375	2.8147  GBP
10 10/11p ordinary		SWAP		Decreasing Short		153,085	2.8158  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,033	2.8164  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,756	2.8239  GBP
10 10/11p ordinary		SWAP		Decreasing Short		12	2.8480  GBP
10 10/11p ordinary		SWAP		Increasing Short		500,000	2.8084  GBP
10 10/11p ordinary		SWAP		Increasing Short		19,935	2.8103  GBP
10 10/11p ordinary		SWAP		Increasing Short		61,817	2.8105  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,798	2.8110  GBP
10 10/11p ordinary		SWAP		Increasing Short		316	2.8120  GBP
10 10/11p ordinary		SWAP		Increasing Short		33,875	2.8124  GBP
10 10/11p ordinary		SWAP		Increasing Short		19,052	2.8125  GBP
10 10/11p ordinary		SWAP		Increasing Short		114,106	2.8127  GBP
10 10/11p ordinary		SWAP		Increasing Short		38,218	2.8132  GBP
10 10/11p ordinary		SWAP		Increasing Short		52,385	2.8139  GBP
10 10/11p ordinary		SWAP		Increasing Short		49,888	2.8160  GBP
10 10/11p ordinary		SWAP		Increasing Short		18,908	2.8161  GBP
10 10/11p ordinary		SWAP		Increasing Short		11,722	2.8165  GBP
10 10/11p ordinary		SWAP		Increasing Short		459	2.8189  GBP
10 10/11p ordinary		CFD		Decreasing Short		4,243	2.8125  GBP
10 10/11p ordinary		CFD		Decreasing Short		4,767	2.8142  GBP
10 10/11p ordinary		CFD		Increasing Short		7,825	2.8147  GBP
10 10/11p ordinary		SWAP		Decreasing Short		195	2.8192  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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