Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

25 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:			24 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:				38,518,168	2.94%	5,800,541	0.44%
(2) Cash-settled derivatives:				6,062,715	0.46%	37,624,630	2.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,580,883	3.40%	43,425,171	3.31%
(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	433,500	2.7899  GBP
10 10/11p ordinary	Purchase	255,000	2.7957  GBP
10 10/11p ordinary	Purchase	250,000	2.7840  GBP
10 10/11p ordinary	Purchase	250,000	2.7918  GBP
10 10/11p ordinary	Purchase	180,080	2.7844  GBP
10 10/11p ordinary	Purchase	95,772	2.7910  GBP
10 10/11p ordinary	Purchase	80,646	2.7900  GBP
10 10/11p ordinary	Purchase	48,951	2.7950  GBP
10 10/11p ordinary	Purchase	47,717	2.7778  GBP
10 10/11p ordinary	Purchase	43,241	2.7928  GBP
10 10/11p ordinary	Purchase	33,911	2.7853  GBP
10 10/11p ordinary	Purchase	22,917	2.7962  GBP
10 10/11p ordinary	Purchase	21,098	2.7880  GBP
10 10/11p ordinary	Purchase	20,034	2.7842  GBP
10 10/11p ordinary	Purchase	9,616	2.7871  GBP
10 10/11p ordinary	Purchase	8,391	2.7854  GBP
10 10/11p ordinary	Purchase	5,569	2.7887  GBP
10 10/11p ordinary	Purchase	5,482	2.7903  GBP
10 10/11p ordinary	Purchase	4,943	2.7908  GBP
10 10/11p ordinary	Purchase	3,833	2.7920  GBP
10 10/11p ordinary	Purchase	3,289	2.7860  GBP
10 10/11p ordinary	Purchase	3,121	2.7800  GBP
10 10/11p ordinary	Purchase	2,842	2.7812  GBP
10 10/11p ordinary	Purchase	2,769	2.7917  GBP
10 10/11p ordinary	Purchase	2,450	2.7818  GBP
10 10/11p ordinary	Purchase	2,137	2.7843  GBP
10 10/11p ordinary	Purchase	2,098	2.7830  GBP
10 10/11p ordinary	Purchase	1,233	2.7960  GBP
10 10/11p ordinary	Purchase	999	2.7820  GBP
10 10/11p ordinary	Purchase	930	2.7914  GBP
10 10/11p ordinary	Purchase	815	2.7687  GBP
10 10/11p ordinary	Purchase	810	2.7780  GBP
10 10/11p ordinary	Purchase	269	2.7882  GBP
10 10/11p ordinary	Sale	196,619	2.7836  GBP
10 10/11p ordinary	Sale	100,472	2.7800  GBP
10 10/11p ordinary	Sale	48,371	2.7807  GBP
10 10/11p ordinary	Sale	47,134	2.7779  GBP
10 10/11p ordinary	Sale	36,589	2.7830  GBP
10 10/11p ordinary	Sale	36,252	2.7913  GBP
10 10/11p ordinary	Sale	31,425	2.7855  GBP
10 10/11p ordinary	Sale	23,208	2.7774  GBP
10 10/11p ordinary	Sale	17,400	2.7892  GBP
10 10/11p ordinary	Sale	12,512	2.7757  GBP
10 10/11p ordinary	Sale	9,461	2.7760  GBP
10 10/11p ordinary	Sale	6,321	2.7796  GBP
10 10/11p ordinary	Sale	5,206	2.7884  GBP
10 10/11p ordinary	Sale	4,964	2.7857  GBP
10 10/11p ordinary	Sale	4,595	2.7886  GBP
10 10/11p ordinary	Sale	3,335	2.7814  GBP
10 10/11p ordinary	Sale	2,374	2.7765  GBP
10 10/11p ordinary	Sale	2,179	2.7889  GBP
10 10/11p ordinary	Sale	2,083	2.7740  GBP
10 10/11p ordinary	Sale	1,986	2.7770  GBP
10 10/11p ordinary	Sale	1,225	2.7818  GBP
10 10/11p ordinary	Sale	930	2.7917  GBP
10 10/11p ordinary	Sale	815	2.7690  GBP
10 10/11p ordinary	Sale	705	2.7900  GBP
10 10/11p ordinary	Sale	270	2.7799  GBP
10 10/11p ordinary	Sale	269	2.7885  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	Increasing Short	433,500	2.7899  GBP
10 10/11p ordinary	SWAP	Increasing Short	255,000	2.7957  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,031	2.7768  GBP
10 10/11p ordinary	SWAP	Decreasing Short	12,667	2.7771  GBP
10 10/11p ordinary	SWAP	Decreasing Short	47,134	2.7779  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,306	2.7800  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,669	2.7805  GBP
10 10/11p ordinary	SWAP	Decreasing Short	48,271	2.7807  GBP
10 10/11p ordinary	SWAP	Decreasing Short	196,619	2.7836  GBP
10 10/11p ordinary	SWAP	Decreasing Short	100	2.7859  GBP
10 10/11p ordinary	SWAP	Increasing Short	15,153	2.7800  GBP
10 10/11p ordinary	SWAP	Increasing Short	26,114	2.7801  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,098	2.7830  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,770	2.7831  GBP
10 10/11p ordinary	SWAP	Increasing Short	250,000	2.7840  GBP
10 10/11p ordinary	SWAP	Increasing Short	34,619	2.7877  GBP
10 10/11p ordinary	SWAP	Increasing Short	2	2.7880  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,251	2.7891  GBP
10 10/11p ordinary	SWAP	Increasing Short	11,838	2.7895  GBP
10 10/11p ordinary	SWAP	Increasing Short	90,501	2.7910  GBP
10 10/11p ordinary	SWAP	Increasing Short	295,767	2.7918  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,241	2.7928  GBP
10 10/11p ordinary	SWAP	Increasing Short	48,951	2.7950  GBP
10 10/11p ordinary	CFD	Decreasing Short	13,037	2.7771  GBP
10 10/11p ordinary	CFD	Decreasing Short	11,076	2.7906  GBP
10 10/11p ordinary	CFD	Increasing Short	2,842	2.7812  GBP
10 10/11p ordinary	CFD	Increasing Short	1,225	2.7819  GBP
10 10/11p ordinary	CFD	Increasing Short	1,949	2.7860  GBP
10 10/11p ordinary	CFD	Increasing Short	55,002	2.7872  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:				25 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END