Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

06 May 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:			02 May 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:				39,381,359	3.00%	6,230,082	0.47%
(2) Cash-settled derivatives:				6,527,054	0.50%	38,710,901	2.95%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,908,413	3.50%	44,940,983	3.42%
(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	193,818	2.8593  GBP
10 10/11p ordinary	Purchase	24,444	2.8521  GBP
10 10/11p ordinary	Purchase	11,662	2.8578  GBP
10 10/11p ordinary	Purchase	11,626	2.8500  GBP
10 10/11p ordinary	Purchase	10,900	2.8632  GBP
10 10/11p ordinary	Purchase	9,033	2.8700  GBP
10 10/11p ordinary	Purchase	4,328	2.8588  GBP
10 10/11p ordinary	Purchase	2,343	2.8620  GBP
10 10/11p ordinary	Purchase	2,256	2.8600  GBP
10 10/11p ordinary	Purchase	1,716	2.8480  GBP
10 10/11p ordinary	Purchase	1,244	2.8624  GBP
10 10/11p ordinary	Purchase	955	2.8621  GBP
10 10/11p ordinary	Purchase	550	2.8580  GBP
10 10/11p ordinary	Purchase	504	2.8565  GBP
10 10/11p ordinary	Purchase	393	2.8660  GBP
10 10/11p ordinary	Purchase	282	2.8640  GBP
10 10/11p ordinary	Purchase	137	2.8680  GBP
10 10/11p ordinary	Purchase	66	2.8540  GBP
10 10/11p ordinary	Purchase	13	2.8560  GBP
10 10/11p ordinary	Sale	96,740	2.8512  GBP
10 10/11p ordinary	Sale	73,983	2.8600  GBP
10 10/11p ordinary	Sale	62,348	2.8576  GBP
10 10/11p ordinary	Sale	44,992	2.8602  GBP
10 10/11p ordinary	Sale	40,133	2.8604  GBP
10 10/11p ordinary	Sale	31,603	2.8575  GBP
10 10/11p ordinary	Sale	29,395	2.8586  GBP
10 10/11p ordinary	Sale	16,131	2.8613  GBP
10 10/11p ordinary	Sale	8,500	2.8555  GBP
10 10/11p ordinary	Sale	5,306	2.8560  GBP
10 10/11p ordinary	Sale	4,370	2.8553  GBP
10 10/11p ordinary	Sale	3,594	2.8700  GBP
10 10/11p ordinary	Sale	3,253	2.8534  GBP
10 10/11p ordinary	Sale	3,092	2.8480  GBP
10 10/11p ordinary	Sale	2,686	2.8652  GBP
10 10/11p ordinary	Sale	836	2.8490  GBP
10 10/11p ordinary	Sale	550	2.8580  GBP
10 10/11p ordinary	Sale	376	2.8660  GBP
10 10/11p ordinary	Sale	357	2.8500  GBP
10 10/11p ordinary	Sale	282	2.8640  GBP
10 10/11p ordinary	Sale	274	2.8680  GBP
10 10/11p ordinary	Sale	17	2.8662  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	17,611	2.8504  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,100	2.8513  GBP
10 10/11p ordinary	SWAP	Decreasing Short	79,129	2.8514  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,932	2.8540  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,018	2.8560  GBP
10 10/11p ordinary	SWAP	Decreasing Short	9,669	2.8573  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,603	2.8575  GBP
10 10/11p ordinary	SWAP	Decreasing Short	62,348	2.8576  GBP
10 10/11p ordinary	SWAP	Decreasing Short	29,395	2.8586  GBP
10 10/11p ordinary	SWAP	Decreasing Short	37,959	2.8598  GBP
10 10/11p ordinary	SWAP	Decreasing Short	71,480	2.8600  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,400	2.8618  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,099	2.8659  GBP
10 10/11p ordinary	SWAP	Increasing Short	24,444	2.8521  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,998	2.8540  GBP
10 10/11p ordinary	SWAP	Increasing Short	504	2.8565  GBP
10 10/11p ordinary	SWAP	Increasing Short	99,610	2.8584  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,328	2.8588  GBP
10 10/11p ordinary	SWAP	Increasing Short	38,354	2.8600  GBP
10 10/11p ordinary	SWAP	Increasing Short	955	2.8621  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,139	2.8624  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,900	2.8632  GBP
10 10/11p ordinary	CFD	Decreasing Short	10,837	2.8517  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,506	2.8638  GBP
10 10/11p ordinary	CFD	Decreasing Short	17,346	2.8648  GBP
10 10/11p ordinary	CFD	Decreasing Short	137	2.8680  GBP
10 10/11p ordinary	CFD	Increasing Short	60,558	2.8609  GBP
10 10/11p ordinary	CFD	Increasing Short	5,439	2.8700  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:				06-May-25
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END