Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

23 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:			22 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:				37,151,849	2.83%	6,134,516	0.46%
(2) Cash-settled derivatives:				6,382,526	0.49%	36,242,138	2.76%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,534,375	3.32%	42,376,654	3.22%
(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	278,819	2.7726  GBP
10 10/11p ordinary	Purchase	188,002	2.7700  GBP
10 10/11p ordinary	Purchase	65,869	2.7673  GBP
10 10/11p ordinary	Purchase	53,201	2.7715  GBP
10 10/11p ordinary	Purchase	50,407	2.7742  GBP
10 10/11p ordinary	Purchase	49,172	2.7695  GBP
10 10/11p ordinary	Purchase	29,996	2.7724  GBP
10 10/11p ordinary	Purchase	24,404	2.7683  GBP
10 10/11p ordinary	Purchase	21,708	2.7709  GBP
10 10/11p ordinary	Purchase	17,000	2.7710  GBP
10 10/11p ordinary	Purchase	15,538	2.7720  GBP
10 10/11p ordinary	Purchase	13,840	2.7783  GBP
10 10/11p ordinary	Purchase	9,773	2.7629  GBP
10 10/11p ordinary	Purchase	9,653	2.7751  GBP
10 10/11p ordinary	Purchase	8,873	2.7711  GBP
10 10/11p ordinary	Purchase	7,913	2.7696  GBP
10 10/11p ordinary	Purchase	6,994	2.7732  GBP
10 10/11p ordinary	Purchase	5,641	2.7744  GBP
10 10/11p ordinary	Purchase	3,969	2.7781  GBP
10 10/11p ordinary	Purchase	3,520	2.7702  GBP
10 10/11p ordinary	Purchase	3,223	2.7699  GBP
10 10/11p ordinary	Purchase	3,000	2.7760  GBP
10 10/11p ordinary	Purchase	3,000	2.7757  GBP
10 10/11p ordinary	Purchase	2,610	2.7640  GBP
10 10/11p ordinary	Purchase	2,508	2.7682  GBP
10 10/11p ordinary	Purchase	2,455	2.7765  GBP
10 10/11p ordinary	Purchase	1,673	2.7762  GBP
10 10/11p ordinary	Purchase	1,011	2.7780  GBP
10 10/11p ordinary	Purchase	419	2.7663  GBP
10 10/11p ordinary	Purchase	71	2.7540  GBP
10 10/11p ordinary	Sale	70,735	2.7633  GBP
10 10/11p ordinary	Sale	60,441	2.7702  GBP
10 10/11p ordinary	Sale	18,543	2.7720  GBP
10 10/11p ordinary	Sale	16,635	2.7550  GBP
10 10/11p ordinary	Sale	14,698	2.7724  GBP
10 10/11p ordinary	Sale	13,237	2.7700  GBP
10 10/11p ordinary	Sale	12,251	2.7734  GBP
10 10/11p ordinary	Sale	10,308	2.7731  GBP
10 10/11p ordinary	Sale	7,393	2.7772  GBP
10 10/11p ordinary	Sale	7,313	2.7706  GBP
10 10/11p ordinary	Sale	6,857	2.7449  GBP
10 10/11p ordinary	Sale	4,722	2.7661  GBP
10 10/11p ordinary	Sale	3,000	2.7760  GBP
10 10/11p ordinary	Sale	2,852	2.7740  GBP
10 10/11p ordinary	Sale	2,370	2.7688  GBP
10 10/11p ordinary	Sale	2,210	2.7640  GBP
10 10/11p ordinary	Sale	1,381	2.7795  GBP
10 10/11p ordinary	Sale	1,372	2.7657  GBP
10 10/11p ordinary	Sale	1,157	2.7689  GBP
10 10/11p ordinary	Sale	1,115	2.7810  GBP
10 10/11p ordinary	Sale	1,078	2.7780  GBP
10 10/11p ordinary	Sale	566	2.7676  GBP
10 10/11p ordinary	Sale	502	2.7687  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	6,857	2.7449  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,635	2.7550  GBP
10 10/11p ordinary	SWAP	Decreasing Short	93	2.7659  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,933	2.7699  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,446	2.7728  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,805	2.7740  GBP
10 10/11p ordinary	SWAP	Increasing Short	419	2.7663  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,519	2.7667  GBP
10 10/11p ordinary	SWAP	Increasing Short	102,400	2.7681  GBP
10 10/11p ordinary	SWAP	Increasing Short	18,164	2.7688  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,223	2.7699  GBP
10 10/11p ordinary	SWAP	Increasing Short	206,903	2.7700  GBP
10 10/11p ordinary	SWAP	Increasing Short	35,593	2.7708  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,228	2.7710  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,651	2.7715  GBP
10 10/11p ordinary	SWAP	Increasing Short	29,996	2.7724  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,608	2.7729  GBP
10 10/11p ordinary	SWAP	Increasing Short	792	2.7758  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,100	2.7811  GBP
10 10/11p ordinary	CFD	Decreasing Short	30,835	2.7555  GBP
10 10/11p ordinary	CFD	Increasing Short	13,473	2.7746  GBP
10 10/11p ordinary	CFD	Increasing Short	131,315	2.7748  GBP
10 10/11p ordinary	CFD	Increasing Short	51,627	2.7749  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:				23 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END