Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

21 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:			20 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:				40,561,458	3.09%	4,733,551	0.36%
(2) Cash-settled derivatives:				5,160,533	0.39%	39,839,420	3.04%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,721,991	3.49%	44,572,971	3.40%
(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	261,826	2.9843  GBP
10 10/11p ordinary	Purchase	203,850	2.9374  GBP
10 10/11p ordinary	Purchase	149,154	2.9610  GBP
10 10/11p ordinary	Purchase	123,311	3.0000  GBP
10 10/11p ordinary	Purchase	70,137	2.9753  GBP
10 10/11p ordinary	Purchase	64,903	2.9732  GBP
10 10/11p ordinary	Purchase	61,158	2.9756  GBP
10 10/11p ordinary	Purchase	53,584	2.9615  GBP
10 10/11p ordinary	Purchase	37,767	2.9643  GBP
10 10/11p ordinary	Purchase	35,008	2.9646  GBP
10 10/11p ordinary	Purchase	28,603	2.9650  GBP
10 10/11p ordinary	Purchase	28,329	2.9801  GBP
10 10/11p ordinary	Purchase	22,323	2.9800  GBP
10 10/11p ordinary	Purchase	17,416	2.9654  GBP
10 10/11p ordinary	Purchase	17,304	2.9698  GBP
10 10/11p ordinary	Purchase	16,004	2.9686  GBP
10 10/11p ordinary	Purchase	16,000	2.9735  GBP
10 10/11p ordinary	Purchase	13,500	2.9594  GBP
10 10/11p ordinary	Purchase	13,065	2.9827  GBP
10 10/11p ordinary	Purchase	12,815	2.9868  GBP
10 10/11p ordinary	Purchase	9,611	2.9759  GBP
10 10/11p ordinary	Purchase	9,537	2.9757  GBP
10 10/11p ordinary	Purchase	8,900	2.9945  GBP
10 10/11p ordinary	Purchase	6,952	2.9657  GBP
10 10/11p ordinary	Purchase	5,707	2.9810  GBP
10 10/11p ordinary	Purchase	5,279	2.9563  GBP
10 10/11p ordinary	Purchase	5,055	2.9771  GBP
10 10/11p ordinary	Purchase	4,744	2.9866  GBP
10 10/11p ordinary	Purchase	4,216	2.9820  GBP
10 10/11p ordinary	Purchase	4,111	2.9865  GBP
10 10/11p ordinary	Purchase	4,043	2.9760  GBP
10 10/11p ordinary	Purchase	3,576	2.9400  GBP
10 10/11p ordinary	Purchase	3,282	2.9836  GBP
10 10/11p ordinary	Purchase	2,815	2.9765  GBP
10 10/11p ordinary	Purchase	2,152	2.9900  GBP
10 10/11p ordinary	Purchase	2,002	2.9750  GBP
10 10/11p ordinary	Purchase	1,547	2.9680  GBP
10 10/11p ordinary	Purchase	1,374	2.9587  GBP
10 10/11p ordinary	Purchase	940	2.9837  GBP
10 10/11p ordinary	Purchase	940	2.9840  GBP
10 10/11p ordinary	Purchase	913	2.9830  GBP
10 10/11p ordinary	Purchase	320	2.9740  GBP
10 10/11p ordinary	Purchase	113	2.9860  GBP
10 10/11p ordinary	Sale	213,509	2.9713  GBP
10 10/11p ordinary	Sale	155,928	2.9949  GBP
10 10/11p ordinary	Sale	115,737	2.9815  GBP
10 10/11p ordinary	Sale	78,712	2.9688  GBP
10 10/11p ordinary	Sale	76,930	3.0000  GBP
10 10/11p ordinary	Sale	46,189	2.9807  GBP
10 10/11p ordinary	Sale	42,492	2.9616  GBP
10 10/11p ordinary	Sale	38,107	2.9752  GBP
10 10/11p ordinary	Sale	34,945	2.9691  GBP
10 10/11p ordinary	Sale	16,042	2.9601  GBP
10 10/11p ordinary	Sale	7,157	2.9796  GBP
10 10/11p ordinary	Sale	6,873	2.9720  GBP
10 10/11p ordinary	Sale	6,183	2.9636  GBP
10 10/11p ordinary	Sale	5,867	2.9855  GBP
10 10/11p ordinary	Sale	5,272	2.9830  GBP
10 10/11p ordinary	Sale	4,799	2.9843  GBP
10 10/11p ordinary	Sale	4,307	2.9999  GBP
10 10/11p ordinary	Sale	4,078	2.9598  GBP
10 10/11p ordinary	Sale	3,783	2.9741  GBP
10 10/11p ordinary	Sale	3,373	2.9871  GBP
10 10/11p ordinary	Sale	2,820	2.9840  GBP
10 10/11p ordinary	Sale	2,448	2.9820  GBP
10 10/11p ordinary	Sale	2,372	2.9866  GBP
10 10/11p ordinary	Sale	2,142	2.9880  GBP
10 10/11p ordinary	Sale	1,374	2.9780  GBP
10 10/11p ordinary	Sale	1,021	2.9680  GBP
10 10/11p ordinary	Sale	952	2.9503  GBP
10 10/11p ordinary	Sale	455	2.9800  GBP
10 10/11p ordinary	Sale	360	2.9760  GBP
10 10/11p ordinary	Sale	226	2.9860  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	Increasing Short	203,850	2.9374  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,279	2.9764  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,157	2.9796  GBP
10 10/11p ordinary	SWAP	Decreasing Short	110,963	2.9815  GBP
10 10/11p ordinary	SWAP	Decreasing Short	413	2.9840  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,799	2.9843  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,080	2.9868  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,307	2.9999  GBP
10 10/11p ordinary	SWAP	Decreasing Short	34,511	3.0000  GBP
10 10/11p ordinary	SWAP	Increasing Short	6	2.9500  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,500	2.9594  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,553	2.9625  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,952	2.9657  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,304	2.9698  GBP
10 10/11p ordinary	SWAP	Increasing Short	320	2.9740  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,055	2.9771  GBP
10 10/11p ordinary	SWAP	Increasing Short	28,329	2.9801  GBP
10 10/11p ordinary	SWAP	Increasing Short	37,950	2.9813  GBP
10 10/11p ordinary	SWAP	Increasing Short	913	2.9830  GBP
10 10/11p ordinary	SWAP	Increasing Short	261,826	2.9843  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,050	2.9860  GBP
10 10/11p ordinary	SWAP	Increasing Short	8,900	2.9945  GBP
10 10/11p ordinary	SWAP	Increasing Short	20,149	2.9984  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,340	3.0000  GBP
10 10/11p ordinary	CFD	Decreasing Short	4,909	2.9820  GBP
10 10/11p ordinary	CFD	Decreasing Short	58,843	2.9974  GBP
10 10/11p ordinary	CFD	Decreasing Short	83,128	3.0000  GBP
10 10/11p ordinary	CFD	Increasing Short	53,954	2.9750  GBP
10 10/11p ordinary	CFD	Increasing Short	65,354	2.9800  GBP
10 10/11p ordinary	CFD	Increasing Short	2,792	2.9815  GBP
10 10/11p ordinary	CFD	Increasing Short	7,266	2.9839  GBP
10 10/11p ordinary	CFD	Increasing Short	2,372	2.9866  GBP
10 10/11p ordinary	CFD	Increasing Short	12,815	2.9867  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:				21 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END