Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

14 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:			13 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:				39,582,430	3.02%	6,451,936	0.49%
(2) Cash-settled derivatives:				6,912,594	0.53%	38,796,940	2.96%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,495,024	3.55%	45,248,876	3.45%
(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	112,538	2.8900  GBP
10 10/11p ordinary	Purchase	79,187	2.8836  GBP
10 10/11p ordinary	Purchase	52,022	2.8741  GBP
10 10/11p ordinary	Purchase	46,916	2.8771  GBP
10 10/11p ordinary	Purchase	44,655	2.8746  GBP
10 10/11p ordinary	Purchase	39,174	2.8766  GBP
10 10/11p ordinary	Purchase	29,255	2.8720  GBP
10 10/11p ordinary	Purchase	12,950	2.8802  GBP
10 10/11p ordinary	Purchase	12,328	2.8747  GBP
10 10/11p ordinary	Purchase	10,779	2.8739  GBP
10 10/11p ordinary	Purchase	8,977	2.8772  GBP
10 10/11p ordinary	Purchase	7,754	2.8725  GBP
10 10/11p ordinary	Purchase	7,357	2.8731  GBP
10 10/11p ordinary	Purchase	7,010	2.8740  GBP
10 10/11p ordinary	Purchase	6,817	2.8757  GBP
10 10/11p ordinary	Purchase	6,389	2.8768  GBP
10 10/11p ordinary	Purchase	5,403	2.8902  GBP
10 10/11p ordinary	Purchase	5,034	2.8745  GBP
10 10/11p ordinary	Purchase	3,420	2.8736  GBP
10 10/11p ordinary	Purchase	3,258	2.8713  GBP
10 10/11p ordinary	Purchase	2,374	2.8756  GBP
10 10/11p ordinary	Purchase	2,331	2.8780  GBP
10 10/11p ordinary	Purchase	1,671	2.8904  GBP
10 10/11p ordinary	Purchase	1,663	2.8820  GBP
10 10/11p ordinary	Purchase	1,177	2.8920  GBP
10 10/11p ordinary	Purchase	844	2.8800  GBP
10 10/11p ordinary	Purchase	807	2.8759  GBP
10 10/11p ordinary	Purchase	800	2.8812  GBP
10 10/11p ordinary	Purchase	306	2.8689  GBP
10 10/11p ordinary	Purchase	100	2.8860  GBP
10 10/11p ordinary	Purchase	593	2.9360  GBP
10 10/11p ordinary	Sale	122,269	2.8804  GBP
10 10/11p ordinary	Sale	72,701	2.8871  GBP
10 10/11p ordinary	Sale	71,049	2.8803  GBP
10 10/11p ordinary	Sale	46,981	2.8752  GBP
10 10/11p ordinary	Sale	44,398	2.8741  GBP
10 10/11p ordinary	Sale	21,655	2.8858  GBP
10 10/11p ordinary	Sale	18,818	2.8740  GBP
10 10/11p ordinary	Sale	13,239	2.8765  GBP
10 10/11p ordinary	Sale	12,069	2.8751  GBP
10 10/11p ordinary	Sale	7,987	2.8726  GBP
10 10/11p ordinary	Sale	6,707	2.8789  GBP
10 10/11p ordinary	Sale	6,280	2.8813  GBP
10 10/11p ordinary	Sale	5,557	2.8900  GBP
10 10/11p ordinary	Sale	5,375	2.8788  GBP
10 10/11p ordinary	Sale	5,355	2.8720  GBP
10 10/11p ordinary	Sale	3,781	2.8822  GBP
10 10/11p ordinary	Sale	3,044	2.8786  GBP
10 10/11p ordinary	Sale	2,331	2.8780  GBP
10 10/11p ordinary	Sale	2,314	2.8860  GBP
10 10/11p ordinary	Sale	1,500	2.8700  GBP
10 10/11p ordinary	Sale	1,324	2.8843  GBP
10 10/11p ordinary	Sale	1,177	2.8920  GBP
10 10/11p ordinary	Sale	844	2.8800  GBP
10 10/11p ordinary	Sale	593	2.9360  GBP
10 10/11p ordinary	Sale	553	2.8836  GBP
10 10/11p ordinary	Sale	100	2.8742  GBP
10 10/11p ordinary	Sale	17	2.8737  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	1,500	2.8700  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,987	2.8726  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,985	2.8730  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17	2.8737  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,818	2.8740  GBP
10 10/11p ordinary	SWAP	Decreasing Short	44,398	2.8741  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,239	2.8765  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,595	2.8768  GBP
10 10/11p ordinary	SWAP	Decreasing Short	985	2.8788  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,525	2.8797  GBP
10 10/11p ordinary	SWAP	Decreasing Short	71,049	2.8803  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,781	2.8822  GBP
10 10/11p ordinary	SWAP	Decreasing Short	382	2.8870  GBP
10 10/11p ordinary	SWAP	Decreasing Short	72,701	2.8871  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,697	2.8740  GBP
10 10/11p ordinary	SWAP	Increasing Short	52,022	2.8741  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,205	2.8747  GBP
10 10/11p ordinary	SWAP	Increasing Short	89,997	2.8750  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,374	2.8756  GBP
10 10/11p ordinary	SWAP	Increasing Short	807	2.8760  GBP
10 10/11p ordinary	SWAP	Increasing Short	37,711	2.8776  GBP
10 10/11p ordinary	SWAP	Increasing Short	800	2.8812  GBP
10 10/11p ordinary	SWAP	Increasing Short	41,195	2.8900  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,267	2.8901  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,403	2.8902  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,671	2.8904  GBP
10 10/11p ordinary	CFD	Decreasing Short	33,214	2.8719  GBP
10 10/11p ordinary	CFD	Decreasing Short	7,144	2.8794  GBP
10 10/11p ordinary	CFD	Increasing Short	6,478	2.8720  GBP
10 10/11p ordinary	CFD	Increasing Short	17,974	2.8740  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:				14 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END