Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

22 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:			21 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:				40,575,848	3.09%	4,445,548	0.33%
(2) Cash-settled derivatives:				4,889,588	0.37%	39,845,227	3.04%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,465,436	3.47%	44,290,775	3.37%
(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	221,742	2.9898  GBP
10 10/11p ordinary	Purchase	98,271	2.9881  GBP
10 10/11p ordinary	Purchase	70,379	2.9919  GBP
10 10/11p ordinary	Purchase	55,583	2.9769  GBP
10 10/11p ordinary	Purchase	53,012	2.9859  GBP
10 10/11p ordinary	Purchase	46,782	2.9836  GBP
10 10/11p ordinary	Purchase	40,955	2.9920  GBP
10 10/11p ordinary	Purchase	30,334	2.9856  GBP
10 10/11p ordinary	Purchase	27,889	2.9885  GBP
10 10/11p ordinary	Purchase	17,284	2.9892  GBP
10 10/11p ordinary	Purchase	10,596	2.9900  GBP
10 10/11p ordinary	Purchase	8,715	2.9819  GBP
10 10/11p ordinary	Purchase	5,853	2.9791  GBP
10 10/11p ordinary	Purchase	5,266	2.9808  GBP
10 10/11p ordinary	Purchase	4,085	2.9850  GBP
10 10/11p ordinary	Purchase	3,800	2.9788  GBP
10 10/11p ordinary	Purchase	3,350	2.9814  GBP
10 10/11p ordinary	Purchase	3,024	2.9821  GBP
10 10/11p ordinary	Purchase	2,676	2.9880  GBP
10 10/11p ordinary	Purchase	2,271	2.9860  GBP
10 10/11p ordinary	Purchase	1,957	2.9890  GBP
10 10/11p ordinary	Purchase	1,911	2.9828  GBP
10 10/11p ordinary	Purchase	1,602	2.9800  GBP
10 10/11p ordinary	Purchase	1,115	2.9840  GBP
10 10/11p ordinary	Purchase	581	2.9877  GBP
10 10/11p ordinary	Purchase	562	2.9820  GBP
10 10/11p ordinary	Purchase	135	2.9830  GBP
10 10/11p ordinary	Purchase	47	2.9875  GBP
10 10/11p ordinary	Sale	68,545	2.9917  GBP
10 10/11p ordinary	Sale	57,861	2.9919  GBP
10 10/11p ordinary	Sale	43,784	2.9847  GBP
10 10/11p ordinary	Sale	41,372	2.9920  GBP
10 10/11p ordinary	Sale	39,187	2.9894  GBP
10 10/11p ordinary	Sale	33,465	2.9881  GBP
10 10/11p ordinary	Sale	24,956	2.9874  GBP
10 10/11p ordinary	Sale	17,383	2.9876  GBP
10 10/11p ordinary	Sale	12,315	2.9837  GBP
10 10/11p ordinary	Sale	12,060	2.9849  GBP
10 10/11p ordinary	Sale	11,534	2.9861  GBP
10 10/11p ordinary	Sale	7,313	2.9893  GBP
10 10/11p ordinary	Sale	6,788	2.9886  GBP
10 10/11p ordinary	Sale	5,912	2.9877  GBP
10 10/11p ordinary	Sale	5,318	2.9860  GBP
10 10/11p ordinary	Sale	4,574	2.9796  GBP
10 10/11p ordinary	Sale	4,085	2.9853  GBP
10 10/11p ordinary	Sale	3,350	2.9817  GBP
10 10/11p ordinary	Sale	3,225	2.9880  GBP
10 10/11p ordinary	Sale	3,024	2.9824  GBP
10 10/11p ordinary	Sale	2,732	2.9885  GBP
10 10/11p ordinary	Sale	2,012	2.9867  GBP
10 10/11p ordinary	Sale	1,602	2.9800  GBP
10 10/11p ordinary	Sale	1,175	2.9780  GBP
10 10/11p ordinary	Sale	1,164	2.9820  GBP
10 10/11p ordinary	Sale	1,115	2.9840  GBP
10 10/11p ordinary	Sale	803	2.9900  GBP
10 10/11p ordinary	Sale	495	2.9871  GBP
10 10/11p ordinary	Sale	135	2.9830  GBP
10 10/11p ordinary	Sale	100	2.9922  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	602	2.9820  GBP
10 10/11p ordinary	SWAP	Decreasing Short	12,216	2.9848  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,442	2.9858  GBP
10 10/11p ordinary	SWAP	Decreasing Short	495	2.9871  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,956	2.9874  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,383	2.9876  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,187	2.9883  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,759	2.9900  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,094	2.9919  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,280	2.9920  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,800	2.9788  GBP
10 10/11p ordinary	SWAP	Increasing Short	46,782	2.9836  GBP
10 10/11p ordinary	SWAP	Increasing Short	27,889	2.9885  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,318	2.9891  GBP
10 10/11p ordinary	SWAP	Increasing Short	17,284	2.9892  GBP
10 10/11p ordinary	SWAP	Increasing Short	221,742	2.9898  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,739	2.9900  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,725	2.9920  GBP
10 10/11p ordinary	CFD	Decreasing Short	5,858	2.9839  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,030	2.9860  GBP
10 10/11p ordinary	CFD	Decreasing Short	45,588	2.9919  GBP
10 10/11p ordinary	CFD	Increasing Short	6,724	2.9840  GBP
10 10/11p ordinary	CFD	Increasing Short	38,657	2.9845  GBP
10 10/11p ordinary	CFD	Increasing Short	12,862	2.9900  GBP
10 10/11p ordinary	CFD	Increasing Short	23,921	2.9919  GBP
10 10/11p ordinary	CFD	Increasing Short	14,199	2.9920  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:				22 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END