Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

16 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:			15 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:				40,894,852	3.12%	5,434,855	0.41%
(2) Cash-settled derivatives:				5,949,943	0.45%	40,137,200	3.06%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,844,795	3.57%	45,572,055	3.47%
(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	2.8783  GBP
10 10/11p ordinary	Purchase	370,640	2.9226  GBP
10 10/11p ordinary	Purchase	200,900	2.9240  GBP
10 10/11p ordinary	Purchase	156,603	2.9124  GBP
10 10/11p ordinary	Purchase	96,072	2.9199  GBP
10 10/11p ordinary	Purchase	95,578	2.9215  GBP
10 10/11p ordinary	Purchase	40,728	2.9166  GBP
10 10/11p ordinary	Purchase	19,508	2.9246  GBP
10 10/11p ordinary	Purchase	18,168	2.9200  GBP
10 10/11p ordinary	Purchase	17,337	2.9294  GBP
10 10/11p ordinary	Purchase	14,768	2.9222  GBP
10 10/11p ordinary	Purchase	11,493	2.9268  GBP
10 10/11p ordinary	Purchase	10,932	2.8800  GBP
10 10/11p ordinary	Purchase	6,062	2.9239  GBP
10 10/11p ordinary	Purchase	5,933	2.9307  GBP
10 10/11p ordinary	Purchase	5,012	2.9301  GBP
10 10/11p ordinary	Purchase	4,462	2.9161  GBP
10 10/11p ordinary	Purchase	4,373	2.9251  GBP
10 10/11p ordinary	Purchase	3,954	2.9281  GBP
10 10/11p ordinary	Purchase	2,979	2.9360  GBP
10 10/11p ordinary	Purchase	2,089	2.9120  GBP
10 10/11p ordinary	Purchase	2,060	2.9096  GBP
10 10/11p ordinary	Purchase	1,923	2.8830  GBP
10 10/11p ordinary	Purchase	1,585	2.9258  GBP
10 10/11p ordinary	Purchase	1,502	2.9370  GBP
10 10/11p ordinary	Purchase	1,123	2.9330  GBP
10 10/11p ordinary	Purchase	1,015	2.9230  GBP
10 10/11p ordinary	Purchase	825	2.9100  GBP
10 10/11p ordinary	Purchase	641	2.9160  GBP
10 10/11p ordinary	Purchase	545	2.9290  GBP
10 10/11p ordinary	Purchase	220	2.9400  GBP
10 10/11p ordinary	Purchase	177	2.8860  GBP
10 10/11p ordinary	Sale	220,975	2.9213  GBP
10 10/11p ordinary	Sale	120,716	2.9244  GBP
10 10/11p ordinary	Sale	106,492	2.9149  GBP
10 10/11p ordinary	Sale	75,559	2.9240  GBP
10 10/11p ordinary	Sale	31,700	2.9111  GBP
10 10/11p ordinary	Sale	17,361	2.9200  GBP
10 10/11p ordinary	Sale	16,235	2.9017  GBP
10 10/11p ordinary	Sale	7,262	2.9112  GBP
10 10/11p ordinary	Sale	6,481	2.9100  GBP
10 10/11p ordinary	Sale	3,916	2.9121  GBP
10 10/11p ordinary	Sale	2,571	2.9124  GBP
10 10/11p ordinary	Sale	2,395	2.9239  GBP
10 10/11p ordinary	Sale	2,245	2.9120  GBP
10 10/11p ordinary	Sale	1,977	2.9281  GBP
10 10/11p ordinary	Sale	1,822	2.9031  GBP
10 10/11p ordinary	Sale	1,491	2.9130  GBP
10 10/11p ordinary	Sale	1,123	2.9330  GBP
10 10/11p ordinary	Sale	910	2.9311  GBP
10 10/11p ordinary	Sale	774	2.9259  GBP
10 10/11p ordinary	Sale	761	2.8978  GBP
10 10/11p ordinary	Sale	641	2.9160  GBP
10 10/11p ordinary	Sale	442	2.8866  GBP
10 10/11p ordinary	Sale	232	2.8840  GBP
10 10/11p ordinary	Sale	220	2.9400  GBP
10 10/11p ordinary	Sale	178	2.9254  GBP
10 10/11p ordinary	Sale	169	2.9237  GBP
10 10/11p ordinary	Sale	127	2.9234  GBP
10 10/11p ordinary	Sale	73	2.8859  GBP
10 10/11p ordinary	Sale	29	2.8740  GBP
10 10/11p ordinary	Sale	20	2.8700  GBP
10 10/11p ordinary	Sale	11	2.8720  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	73	2.8859  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,235	2.9017  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,822	2.9031  GBP
10 10/11p ordinary	SWAP	Decreasing Short	87	2.9200  GBP
10 10/11p ordinary	SWAP	Decreasing Short	127	2.9234  GBP
10 10/11p ordinary	SWAP	Decreasing Short	22,506	2.9235  GBP
10 10/11p ordinary	SWAP	Decreasing Short	169	2.9237  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,395	2.9239  GBP
10 10/11p ordinary	SWAP	Decreasing Short	120,716	2.9244  GBP
10 10/11p ordinary	SWAP	Decreasing Short	178	2.9254  GBP
10 10/11p ordinary	SWAP	Decreasing Short	93	2.9258  GBP
10 10/11p ordinary	SWAP	Decreasing Short	774	2.9259  GBP
10 10/11p ordinary	SWAP	Decreasing Short	910	2.9311  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.8783  GBP
10 10/11p ordinary	SWAP	Increasing Short	69	2.9076  GBP
10 10/11p ordinary	SWAP	Increasing Short	12,558	2.9081  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,504	2.9111  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,404	2.9124  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,462	2.9161  GBP
10 10/11p ordinary	SWAP	Increasing Short	40,728	2.9166  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,291	2.9177  GBP
10 10/11p ordinary	SWAP	Increasing Short	96,072	2.9199  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,285	2.9202  GBP
10 10/11p ordinary	SWAP	Increasing Short	107,506	2.9218  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,015	2.9230  GBP
10 10/11p ordinary	SWAP	Increasing Short	179,122	2.9240  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,508	2.9246  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,373	2.9251  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,042	2.9263  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,063	2.9279  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,337	2.9294  GBP
10 10/11p ordinary	SWAP	Increasing Short	972	2.9301  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,366	2.8827  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,054	2.9110  GBP
10 10/11p ordinary	CFD	Increasing Short	67,036	2.9302  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:				16 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END