Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

24 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:			23 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:				37,291,230	2.84%	5,821,366	0.44%
(2) Cash-settled derivatives:				6,070,978	0.46%	36,398,980	2.78%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,362,208	3.31%	42,220,346	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	470,210	2.7819  GBP
10 10/11p ordinary	Purchase	190,600	2.7835  GBP
10 10/11p ordinary	Purchase	95,185	2.7813  GBP
10 10/11p ordinary	Purchase	54,343	2.7816  GBP
10 10/11p ordinary	Purchase	49,152	2.7836  GBP
10 10/11p ordinary	Purchase	26,419	2.7738  GBP
10 10/11p ordinary	Purchase	20,254	2.7803  GBP
10 10/11p ordinary	Purchase	12,443	2.7806  GBP
10 10/11p ordinary	Purchase	10,240	2.7804  GBP
10 10/11p ordinary	Purchase	6,233	2.7735  GBP
10 10/11p ordinary	Purchase	5,946	2.7797  GBP
10 10/11p ordinary	Purchase	4,492	2.7793  GBP
10 10/11p ordinary	Purchase	4,050	2.7858  GBP
10 10/11p ordinary	Purchase	3,729	2.7720  GBP
10 10/11p ordinary	Purchase	3,546	2.7920  GBP
10 10/11p ordinary	Purchase	2,945	2.7940  GBP
10 10/11p ordinary	Purchase	2,319	2.7709  GBP
10 10/11p ordinary	Purchase	2,218	2.7719  GBP
10 10/11p ordinary	Purchase	1,809	2.7833  GBP
10 10/11p ordinary	Purchase	1,763	2.7862  GBP
10 10/11p ordinary	Purchase	1,082	2.7762  GBP
10 10/11p ordinary	Purchase	530	2.7820  GBP
10 10/11p ordinary	Purchase	425	2.7680  GBP
10 10/11p ordinary	Purchase	191	2.7715  GBP
10 10/11p ordinary	Purchase	180	2.7860  GBP
10 10/11p ordinary	Purchase	104	2.7740  GBP
10 10/11p ordinary	Purchase	40	2.7880  GBP
10 10/11p ordinary	Purchase	22	2.7875  GBP
10 10/11p ordinary	Sale	182,548	2.7805  GBP
10 10/11p ordinary	Sale	181,809	2.7820  GBP
10 10/11p ordinary	Sale	71,684	2.7776  GBP
10 10/11p ordinary	Sale	15,029	2.7788  GBP
10 10/11p ordinary	Sale	13,867	2.7795  GBP
10 10/11p ordinary	Sale	6,952	2.7750  GBP
10 10/11p ordinary	Sale	6,446	2.7791  GBP
10 10/11p ordinary	Sale	6,263	2.7740  GBP
10 10/11p ordinary	Sale	5,258	2.7777  GBP
10 10/11p ordinary	Sale	5,241	2.7679  GBP
10 10/11p ordinary	Sale	4,246	2.7813  GBP
10 10/11p ordinary	Sale	3,012	2.7720  GBP
10 10/11p ordinary	Sale	3,012	2.7800  GBP
10 10/11p ordinary	Sale	2,942	2.7757  GBP
10 10/11p ordinary	Sale	2,042	2.7787  GBP
10 10/11p ordinary	Sale	1,628	2.7845  GBP
10 10/11p ordinary	Sale	1,137	2.7760  GBP
10 10/11p ordinary	Sale	1,004	2.7920  GBP
10 10/11p ordinary	Sale	935	2.7756  GBP
10 10/11p ordinary	Sale	841	2.7641  GBP
10 10/11p ordinary	Sale	478	2.7739  GBP
10 10/11p ordinary	Sale	425	2.7680  GBP
10 10/11p ordinary	Sale	293	2.7789  GBP
10 10/11p ordinary	Sale	252	2.7770  GBP
10 10/11p ordinary	Sale	227	2.7832  GBP
10 10/11p ordinary	Sale	180	2.7860  GBP
10 10/11p ordinary	Sale	126	2.7780  GBP
10 10/11p ordinary	Sale	31	2.7880  GBP
10 10/11p ordinary	Sale	31	2.7882  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	5,241	2.7679  GBP
10 10/11p ordinary	SWAP	Decreasing Short	478	2.7740  GBP
10 10/11p ordinary	SWAP	Decreasing Short	136	2.7760  GBP
10 10/11p ordinary	SWAP	Decreasing Short	71,684	2.7776  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,042	2.7787  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,446	2.7791  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,335	2.7799  GBP
10 10/11p ordinary	SWAP	Decreasing Short	142,726	2.7819  GBP
10 10/11p ordinary	SWAP	Decreasing Short	22,403	2.7820  GBP
10 10/11p ordinary	SWAP	Decreasing Short	227	2.7832  GBP
10 10/11p ordinary	SWAP	Increasing Short	57,700	2.7786  GBP
10 10/11p ordinary	SWAP	Increasing Short	15,420	2.7791  GBP
10 10/11p ordinary	SWAP	Increasing Short	28,259	2.7800  GBP
10 10/11p ordinary	SWAP	Increasing Short	101	2.7811  GBP
10 10/11p ordinary	SWAP	Increasing Short	95,185	2.7813  GBP
10 10/11p ordinary	SWAP	Increasing Short	293,173	2.7820  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,880	2.7821  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,167	2.7826  GBP
10 10/11p ordinary	SWAP	Increasing Short	49,152	2.7836  GBP
10 10/11p ordinary	SWAP	Increasing Short	132,900	2.7856  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,050	2.7858  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,945	2.7940  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,074	2.7777  GBP
10 10/11p ordinary	CFD	Decreasing Short	10,002	2.7782  GBP
10 10/11p ordinary	CFD	Increasing Short	5,436	2.7767  GBP
10 10/11p ordinary	CFD	Increasing Short	9,780	2.7799  GBP
10 10/11p ordinary	CFD	Increasing Short	19,996	2.7805  GBP
10 10/11p ordinary	CFD	Increasing Short	7,040	2.7817  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:				24 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END