Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

08 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:			07 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:				39,364,410	3.00%	6,100,315	0.46%
(2) Cash-settled derivatives:				6,416,991	0.49%	38,715,725	2.95%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,781,401	3.49%	44,816,040	3.41%
(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	244,131	2.9046  GBP
10 10/11p ordinary	Purchase	49,100	2.8969  GBP
10 10/11p ordinary	Purchase	36,576	2.9006  GBP
10 10/11p ordinary	Purchase	30,528	2.8955  GBP
10 10/11p ordinary	Purchase	28,248	2.9100  GBP
10 10/11p ordinary	Purchase	22,470	2.8994  GBP
10 10/11p ordinary	Purchase	17,469	2.9042  GBP
10 10/11p ordinary	Purchase	16,226	2.9011  GBP
10 10/11p ordinary	Purchase	10,656	2.8933  GBP
10 10/11p ordinary	Purchase	9,666	2.9048  GBP
10 10/11p ordinary	Purchase	8,411	2.9029  GBP
10 10/11p ordinary	Purchase	7,260	2.8991  GBP
10 10/11p ordinary	Purchase	7,070	2.9010  GBP
10 10/11p ordinary	Purchase	6,547	2.8976  GBP
10 10/11p ordinary	Purchase	5,103	2.9056  GBP
10 10/11p ordinary	Purchase	4,781	2.9045  GBP
10 10/11p ordinary	Purchase	3,991	2.9016  GBP
10 10/11p ordinary	Purchase	3,852	2.8980  GBP
10 10/11p ordinary	Purchase	3,296	2.8946  GBP
10 10/11p ordinary	Purchase	3,191	2.8981  GBP
10 10/11p ordinary	Purchase	2,881	2.8960  GBP
10 10/11p ordinary	Purchase	2,772	2.9020  GBP
10 10/11p ordinary	Purchase	2,360	2.8968  GBP
10 10/11p ordinary	Purchase	1,172	2.9050  GBP
10 10/11p ordinary	Purchase	1,137	2.9019  GBP
10 10/11p ordinary	Purchase	920	2.9040  GBP
10 10/11p ordinary	Purchase	872	2.9071  GBP
10 10/11p ordinary	Purchase	24	2.8840  GBP
10 10/11p ordinary	Sale	71,164	2.9027  GBP
10 10/11p ordinary	Sale	60,713	2.9100  GBP
10 10/11p ordinary	Sale	56,241	2.8967  GBP
10 10/11p ordinary	Sale	48,366	2.8990  GBP
10 10/11p ordinary	Sale	37,350	2.9073  GBP
10 10/11p ordinary	Sale	35,985	2.8981  GBP
10 10/11p ordinary	Sale	20,968	2.8987  GBP
10 10/11p ordinary	Sale	10,064	2.9030  GBP
10 10/11p ordinary	Sale	9,666	2.9050  GBP
10 10/11p ordinary	Sale	7,306	2.9036  GBP
10 10/11p ordinary	Sale	7,084	2.8995  GBP
10 10/11p ordinary	Sale	6,908	2.9029  GBP
10 10/11p ordinary	Sale	2,881	2.8962  GBP
10 10/11p ordinary	Sale	2,772	2.9020  GBP
10 10/11p ordinary	Sale	1,970	2.8965  GBP
10 10/11p ordinary	Sale	1,599	2.9000  GBP
10 10/11p ordinary	Sale	1,247	2.9017  GBP
10 10/11p ordinary	Sale	962	2.8940  GBP
10 10/11p ordinary	Sale	920	2.9040  GBP
10 10/11p ordinary	Sale	590	2.9011  GBP
10 10/11p ordinary	Sale	214	2.8980  GBP
10 10/11p ordinary	Sale	77	2.8800  GBP
10 10/11p ordinary	Sale	70	2.9060  GBP
10 10/11p ordinary	Sale	24	2.8840  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	27,262	2.8959  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,970	2.8965  GBP
10 10/11p ordinary	SWAP	Decreasing Short	28,979	2.8975  GBP
10 10/11p ordinary	SWAP	Decreasing Short	380	2.8980  GBP
10 10/11p ordinary	SWAP	Decreasing Short	35,985	2.8981  GBP
10 10/11p ordinary	SWAP	Decreasing Short	20,968	2.8987  GBP
10 10/11p ordinary	SWAP	Decreasing Short	590	2.9011  GBP
10 10/11p ordinary	SWAP	Decreasing Short	19,871	2.9029  GBP
10 10/11p ordinary	SWAP	Decreasing Short	46	2.9030  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,306	2.9036  GBP
10 10/11p ordinary	SWAP	Decreasing Short	635	2.9043  GBP
10 10/11p ordinary	SWAP	Decreasing Short	67	2.9100  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,656	2.8933  GBP
10 10/11p ordinary	SWAP	Increasing Short	30,528	2.8955  GBP
10 10/11p ordinary	SWAP	Increasing Short	28,500	2.8958  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,102	2.8968  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,256	2.8975  GBP
10 10/11p ordinary	SWAP	Increasing Short	20,600	2.8984  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,642	2.9045  GBP
10 10/11p ordinary	SWAP	Increasing Short	50,824	2.9099  GBP
10 10/11p ordinary	SWAP	Increasing Short	33,074	2.9100  GBP
10 10/11p ordinary	CFD	Decreasing Short	70	2.9060  GBP
10 10/11p ordinary	CFD	Increasing Short	96,442	2.8992  GBP
10 10/11p ordinary	CFD	Increasing Short	920	2.9040  GBP
10 10/11p ordinary	CFD	Increasing Short	5,103	2.9056  GBP
10 10/11p ordinary	CFD	Increasing Short	9,518	2.9065  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:				08 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END