Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

19 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:			16 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:				40,853,715	3.12%	5,345,491	0.40%
(2) Cash-settled derivatives:				5,870,126	0.45%	40,099,898	3.06%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,723,841	3.56%	45,445,389	3.46%
(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	154,355	2.9229  GBP
10 10/11p ordinary	Purchase	145,084	2.9220  GBP
10 10/11p ordinary	Purchase	122,917	2.9239  GBP
10 10/11p ordinary	Purchase	106,041	2.9203  GBP
10 10/11p ordinary	Purchase	97,097	2.9246  GBP
10 10/11p ordinary	Purchase	56,048	2.9205  GBP
10 10/11p ordinary	Purchase	53,887	2.9280  GBP
10 10/11p ordinary	Purchase	37,837	2.9217  GBP
10 10/11p ordinary	Purchase	29,286	2.9255  GBP
10 10/11p ordinary	Purchase	26,873	2.9235  GBP
10 10/11p ordinary	Purchase	21,342	2.9237  GBP
10 10/11p ordinary	Purchase	16,445	2.9233  GBP
10 10/11p ordinary	Purchase	11,247	2.9266  GBP
10 10/11p ordinary	Purchase	9,237	2.9232  GBP
10 10/11p ordinary	Purchase	9,020	2.9211  GBP
10 10/11p ordinary	Purchase	7,756	2.9252  GBP
10 10/11p ordinary	Purchase	7,097	2.9251  GBP
10 10/11p ordinary	Purchase	5,230	2.9224  GBP
10 10/11p ordinary	Purchase	3,391	2.9260  GBP
10 10/11p ordinary	Purchase	3,327	2.9282  GBP
10 10/11p ordinary	Purchase	3,246	2.9240  GBP
10 10/11p ordinary	Purchase	3,035	2.9213  GBP
10 10/11p ordinary	Purchase	846	2.9200  GBP
10 10/11p ordinary	Sale	197,333	2.9280  GBP
10 10/11p ordinary	Sale	134,808	2.9255  GBP
10 10/11p ordinary	Sale	106,783	2.9250  GBP
10 10/11p ordinary	Sale	100,121	2.9221  GBP
10 10/11p ordinary	Sale	78,095	2.9224  GBP
10 10/11p ordinary	Sale	66,270	2.9240  GBP
10 10/11p ordinary	Sale	50,895	2.9241  GBP
10 10/11p ordinary	Sale	36,077	2.9276  GBP
10 10/11p ordinary	Sale	23,911	2.9202  GBP
10 10/11p ordinary	Sale	13,252	2.9247  GBP
10 10/11p ordinary	Sale	11,282	2.9294  GBP
10 10/11p ordinary	Sale	11,247	2.9266  GBP
10 10/11p ordinary	Sale	10,537	2.9203  GBP
10 10/11p ordinary	Sale	9,150	2.9205  GBP
10 10/11p ordinary	Sale	9,027	2.9206  GBP
10 10/11p ordinary	Sale	8,653	2.9237  GBP
10 10/11p ordinary	Sale	3,322	2.9234  GBP
10 10/11p ordinary	Sale	3,093	2.9260  GBP
10 10/11p ordinary	Sale	2,663	2.9230  GBP
10 10/11p ordinary	Sale	1,364	2.9216  GBP
10 10/11p ordinary	Sale	1,200	2.9242  GBP
10 10/11p ordinary	Sale	900	2.9180  GBP
10 10/11p ordinary	Sale	774	2.9279  GBP
10 10/11p ordinary	Sale	370	2.9219  GBP
10 10/11p ordinary	Sale	351	2.9200  GBP
10 10/11p ordinary	Sale	351	2.9257  GBP
10 10/11p ordinary	Sale	341	2.9239  GBP
10 10/11p ordinary	Sale	247	2.9220  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	1,012	2.9184  GBP
10 10/11p ordinary	SWAP	Decreasing Short	351	2.9200  GBP
10 10/11p ordinary	SWAP	Decreasing Short	624	2.9206  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,364	2.9216  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,256	2.9218  GBP
10 10/11p ordinary	SWAP	Decreasing Short	135	2.9220  GBP
10 10/11p ordinary	SWAP	Decreasing Short	100,121	2.9221  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,663	2.9230  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,322	2.9234  GBP
10 10/11p ordinary	SWAP	Decreasing Short	341	2.9239  GBP
10 10/11p ordinary	SWAP	Decreasing Short	63,024	2.9240  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,200	2.9242  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,452	2.9246  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,252	2.9247  GBP
10 10/11p ordinary	SWAP	Decreasing Short	413	2.9251  GBP
10 10/11p ordinary	SWAP	Decreasing Short	351	2.9257  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,864	2.9259  GBP
10 10/11p ordinary	SWAP	Decreasing Short	774	2.9279  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,651	2.9280  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,282	2.9294  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,020	2.9211  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,035	2.9213  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,831	2.9232  GBP
10 10/11p ordinary	SWAP	Increasing Short	59,810	2.9235  GBP
10 10/11p ordinary	SWAP	Increasing Short	15,600	2.9239  GBP
10 10/11p ordinary	SWAP	Increasing Short	64,160	2.9252  GBP
10 10/11p ordinary	SWAP	Increasing Short	798	2.9255  GBP
10 10/11p ordinary	SWAP	Increasing Short	298	2.9260  GBP
10 10/11p ordinary	SWAP	Increasing Short	36,925	2.9280  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,327	2.9282  GBP
10 10/11p ordinary	CFD	Increasing Short	74,163	2.9221  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:				19 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END