Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

29 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:			28 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:				39,425,279	3.01%	5,924,705	0.45%
(2) Cash-settled derivatives:				6,162,036	0.47%	38,529,277	2.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,587,315	3.48%	44,453,982	3.39%
(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	500,000	2.7996  GBP
10 10/11p ordinary	Purchase	170,869	2.8032  GBP
10 10/11p ordinary	Purchase	73,973	2.8037  GBP
10 10/11p ordinary	Purchase	63,106	2.7995  GBP
10 10/11p ordinary	Purchase	61,463	2.8024  GBP
10 10/11p ordinary	Purchase	43,422	2.8086  GBP
10 10/11p ordinary	Purchase	31,782	2.8060  GBP
10 10/11p ordinary	Purchase	28,222	2.8000  GBP
10 10/11p ordinary	Purchase	24,257	2.7997  GBP
10 10/11p ordinary	Purchase	23,723	2.8002  GBP
10 10/11p ordinary	Purchase	23,321	2.8044  GBP
10 10/11p ordinary	Purchase	21,843	2.7990  GBP
10 10/11p ordinary	Purchase	20,869	2.8063  GBP
10 10/11p ordinary	Purchase	18,297	2.8012  GBP
10 10/11p ordinary	Purchase	17,760	2.7993  GBP
10 10/11p ordinary	Purchase	17,200	2.8003  GBP
10 10/11p ordinary	Purchase	15,952	2.8076  GBP
10 10/11p ordinary	Purchase	15,523	2.8055  GBP
10 10/11p ordinary	Purchase	9,259	2.8036  GBP
10 10/11p ordinary	Purchase	5,339	2.8043  GBP
10 10/11p ordinary	Purchase	3,725	2.8056  GBP
10 10/11p ordinary	Purchase	3,139	2.7970  GBP
10 10/11p ordinary	Purchase	3,080	2.8026  GBP
10 10/11p ordinary	Purchase	3,058	2.8100  GBP
10 10/11p ordinary	Purchase	2,748	2.8082  GBP
10 10/11p ordinary	Purchase	2,700	2.7960  GBP
10 10/11p ordinary	Purchase	2,288	2.8080  GBP
10 10/11p ordinary	Purchase	2,233	2.7980  GBP
10 10/11p ordinary	Purchase	1,783	2.7999  GBP
10 10/11p ordinary	Purchase	1,782	2.8066  GBP
10 10/11p ordinary	Purchase	1,622	2.7945  GBP
10 10/11p ordinary	Purchase	1,567	2.8050  GBP
10 10/11p ordinary	Purchase	1,274	2.8042  GBP
10 10/11p ordinary	Purchase	1,157	2.8090  GBP
10 10/11p ordinary	Purchase	1,130	2.8010  GBP
10 10/11p ordinary	Purchase	1,123	2.8110  GBP
10 10/11p ordinary	Purchase	984	2.8034  GBP
10 10/11p ordinary	Purchase	754	2.8067  GBP
10 10/11p ordinary	Purchase	512	2.8059  GBP
10 10/11p ordinary	Purchase	189	2.8020  GBP
10 10/11p ordinary	Sale	165,278	2.8025  GBP
10 10/11p ordinary	Sale	103,169	2.8003  GBP
10 10/11p ordinary	Sale	101,173	2.8029  GBP
10 10/11p ordinary	Sale	82,484	2.8057  GBP
10 10/11p ordinary	Sale	68,905	2.8035  GBP
10 10/11p ordinary	Sale	50,054	2.8060  GBP
10 10/11p ordinary	Sale	48,865	2.8027  GBP
10 10/11p ordinary	Sale	37,563	2.8014  GBP
10 10/11p ordinary	Sale	30,232	2.8044  GBP
10 10/11p ordinary	Sale	19,898	2.8008  GBP
10 10/11p ordinary	Sale	15,952	2.8079  GBP
10 10/11p ordinary	Sale	14,514	2.8041  GBP
10 10/11p ordinary	Sale	13,111	2.8052  GBP
10 10/11p ordinary	Sale	13,028	2.7984  GBP
10 10/11p ordinary	Sale	9,443	2.8034  GBP
10 10/11p ordinary	Sale	6,391	2.8070  GBP
10 10/11p ordinary	Sale	6,088	2.8047  GBP
10 10/11p ordinary	Sale	5,339	2.8046  GBP
10 10/11p ordinary	Sale	4,675	2.8037  GBP
10 10/11p ordinary	Sale	4,595	2.8080  GBP
10 10/11p ordinary	Sale	3,209	2.8054  GBP
10 10/11p ordinary	Sale	3,204	2.8100  GBP
10 10/11p ordinary	Sale	3,147	2.8053  GBP
10 10/11p ordinary	Sale	3,139	2.7970  GBP
10 10/11p ordinary	Sale	2,748	2.8081  GBP
10 10/11p ordinary	Sale	2,631	2.8078  GBP
10 10/11p ordinary	Sale	2,216	2.7980  GBP
10 10/11p ordinary	Sale	2,184	2.8040  GBP
10 10/11p ordinary	Sale	2,038	2.7990  GBP
10 10/11p ordinary	Sale	1,782	2.7960  GBP
10 10/11p ordinary	Sale	1,727	2.8050  GBP
10 10/11p ordinary	Sale	1,266	2.8064  GBP
10 10/11p ordinary	Sale	1,227	2.8098  GBP
10 10/11p ordinary	Sale	1,168	2.8000  GBP
10 10/11p ordinary	Sale	1,157	2.8090  GBP
10 10/11p ordinary	Sale	1,130	2.8010  GBP
10 10/11p ordinary	Sale	1,123	2.8110  GBP
10 10/11p ordinary	Sale	140	2.8020  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	27,055	2.8008  GBP
10 10/11p ordinary	SWAP	Decreasing Short	36,650	2.8011  GBP
10 10/11p ordinary	SWAP	Decreasing Short	37,563	2.8014  GBP
10 10/11p ordinary	SWAP	Decreasing Short	48,865	2.8027  GBP
10 10/11p ordinary	SWAP	Decreasing Short	101,173	2.8029  GBP
10 10/11p ordinary	SWAP	Decreasing Short	26	2.8042  GBP
10 10/11p ordinary	SWAP	Decreasing Short	134,717	2.8043  GBP
10 10/11p ordinary	SWAP	Decreasing Short	30,232	2.8044  GBP
10 10/11p ordinary	SWAP	Decreasing Short	661	2.8062  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,014	2.8067  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5	2.8160  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,433	2.7986  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.7996  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,327	2.7999  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,200	2.8003  GBP
10 10/11p ordinary	SWAP	Increasing Short	189	2.8020  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,834	2.8024  GBP
10 10/11p ordinary	SWAP	Increasing Short	35,591	2.8036  GBP
10 10/11p ordinary	SWAP	Increasing Short	44,751	2.8060  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,700	2.8065  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,422	2.8086  GBP
10 10/11p ordinary	CFD	Decreasing Short	10	2.7960  GBP
10 10/11p ordinary	CFD	Increasing Short	84,320	2.7986  GBP
10 10/11p ordinary	CFD	Increasing Short	30,597	2.7989  GBP
10 10/11p ordinary	CFD	Increasing Short	53,447	2.8049  GBP
10 10/11p ordinary	CFD	Increasing Short	754	2.8067  GBP
10 10/11p ordinary	CFD	Increasing Short	2,748	2.8081  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:				29 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END