Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

27 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:			23 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:				40,413,049	3.08%	4,229,458	0.32%
(2) Cash-settled derivatives:				4,669,718	0.36%	39,675,094	3.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,082,767	3.44%	43,904,552	3.35%
(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	133,031	2.9990  GBP
10 10/11p ordinary	Purchase	68,737	2.9921  GBP
10 10/11p ordinary	Purchase	49,573	3.0200  GBP
10 10/11p ordinary	Purchase	18,524	2.9878  GBP
10 10/11p ordinary	Purchase	13,107	2.9862  GBP
10 10/11p ordinary	Purchase	6,816	2.9870  GBP
ADR	Purchase	4,000	16.0500  USD
10 10/11p ordinary	Purchase	2,575	2.9946  GBP
10 10/11p ordinary	Purchase	2,458	2.9994  GBP
10 10/11p ordinary	Purchase	1,995	2.9690  GBP
10 10/11p ordinary	Purchase	1,510	2.9880  GBP
10 10/11p ordinary	Purchase	1,500	2.9687  GBP
10 10/11p ordinary	Purchase	920	2.9800  GBP
10 10/11p ordinary	Purchase	785	2.9830  GBP
10 10/11p ordinary	Purchase	527	2.9940  GBP
10 10/11p ordinary	Purchase	338	2.9860  GBP
10 10/11p ordinary	Purchase	281	3.0020  GBP
10 10/11p ordinary	Purchase	142	2.9980  GBP
10 10/11p ordinary	Sale	82,184	3.0080  GBP
10 10/11p ordinary	Sale	48,338	3.0199  GBP
10 10/11p ordinary	Sale	43,914	2.9778  GBP
10 10/11p ordinary	Sale	31,861	3.0118  GBP
10 10/11p ordinary	Sale	24,900	2.9743  GBP
10 10/11p ordinary	Sale	17,970	2.9767  GBP
10 10/11p ordinary	Sale	14,159	3.0200  GBP
10 10/11p ordinary	Sale	9,554	2.9721  GBP
10 10/11p ordinary	Sale	4,754	3.0101  GBP
ADR	Sale	4,000	16.0500  USD
10 10/11p ordinary	Sale	3,249	2.9992  GBP
10 10/11p ordinary	Sale	3,152	2.9945  GBP
10 10/11p ordinary	Sale	3,131	2.9906  GBP
10 10/11p ordinary	Sale	2,917	2.9937  GBP
10 10/11p ordinary	Sale	2,675	2.9956  GBP
10 10/11p ordinary	Sale	2,473	2.9932  GBP
10 10/11p ordinary	Sale	2,384	2.9940  GBP
10 10/11p ordinary	Sale	1,845	2.9973  GBP
10 10/11p ordinary	Sale	946	2.9627  GBP
10 10/11p ordinary	Sale	796	2.9860  GBP
10 10/11p ordinary	Sale	43	2.9879  GBP
10 10/11p ordinary	Sale	27	2.9990  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	4,243	2.9679  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,900	2.9743  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,926	2.9746  GBP
10 10/11p ordinary	SWAP	Decreasing Short	17,970	2.9767  GBP
10 10/11p ordinary	SWAP	Decreasing Short	43,914	2.9778  GBP
10 10/11p ordinary	SWAP	Decreasing Short	43	2.9879  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,473	2.9932  GBP
10 10/11p ordinary	SWAP	Decreasing Short	48,338	3.0199  GBP
10 10/11p ordinary	SWAP	Decreasing Short	70,694	3.0200  GBP
10 10/11p ordinary	SWAP	Increasing Short	500	2.9620  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,995	2.9689  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,000	2.9720  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,816	2.9870  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,360	2.9880  GBP
10 10/11p ordinary	SWAP	Increasing Short	142	2.9980  GBP
10 10/11p ordinary	SWAP	Increasing Short	133,031	2.9990  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,458	2.9994  GBP
10 10/11p ordinary	SWAP	Increasing Short	7,400	3.0157  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,849	2.9738  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,477	2.9857  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,523	2.9859  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,152	2.9944  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,845	2.9973  GBP
10 10/11p ordinary	CFD	Increasing Short	19,444	2.9875  GBP
10 10/11p ordinary	CFD	Increasing Short	46,628	2.9878  GBP
10 10/11p ordinary	CFD	Increasing Short	13,355	2.9940  GBP
10 10/11p ordinary	CFD	Increasing Short	1,124	3.0054  GBP
10 10/11p ordinary	CFD	Increasing Short	3,703	3.0200  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:				27 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END