Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

29 May 2025

 

FORM 8.3
Amendment - this form replaces RNS number 4694K published at 15:21 on 28/05/2025 changes made to section 2a, 3a and 3b
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				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				27 May 2025
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			40,512,326	3.09%	4,142,541	0.32%
(2)	Cash-settled derivatives:
	and/or controlled:			4,387,886	0.33%	39,772,449	3.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,900,212	3.42%	43,914,990	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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10 10/11p ordinary		Purchase		135,375		3.0144  GBP
10 10/11p ordinary		Purchase		109,495		3.0153  GBP
10 10/11p ordinary		Purchase		61,304		3.0216  GBP
ADR		Purchase		31,000		16.3500  USD
10 10/11p ordinary		Purchase		25,009		3.0192  GBP
10 10/11p ordinary		Purchase		23,526		3.0246  GBP
10 10/11p ordinary		Purchase		11,340		3.0249  GBP
10 10/11p ordinary		Purchase		10,460		3.0207  GBP
10 10/11p ordinary		Purchase		9,101		3.0200  GBP
10 10/11p ordinary		Purchase		7,530		3.0176  GBP
10 10/11p ordinary		Purchase		6,929		3.0266  GBP
10 10/11p ordinary		Purchase		6,220		2.9500  GBP
10 10/11p ordinary		Purchase		6,074		3.0120  GBP
10 10/11p ordinary		Purchase		5,680		3.0233  GBP
10 10/11p ordinary		Purchase		4,628		3.0168  GBP
ADR		Purchase		4,000		16.2800  USD
10 10/11p ordinary		Purchase		3,934		3.0166  GBP
10 10/11p ordinary		Purchase		3,469		3.0003  GBP
10 10/11p ordinary		Purchase		3,227		3.0220  GBP
10 10/11p ordinary		Purchase		3,052		3.0138  GBP
10 10/11p ordinary		Purchase		2,069		3.0080  GBP
10 10/11p ordinary		Purchase		2,062		3.0059  GBP
10 10/11p ordinary		Purchase		1,752		3.0255  GBP
10 10/11p ordinary		Purchase		1,188		3.0180  GBP
10 10/11p ordinary		Purchase		984		3.0102  GBP
10 10/11p ordinary		Purchase		925		3.0240  GBP
10 10/11p ordinary		Purchase		808		3.0300  GBP
10 10/11p ordinary		Purchase		697		3.0280  GBP
10 10/11p ordinary		Purchase		121		3.0182  GBP
10 10/11p ordinary		Sale		74,840		3.0152  GBP
10 10/11p ordinary		Sale		40,089		3.0239  GBP
ADR		Sale		31,000		16.3500  USD
10 10/11p ordinary		Sale		24,296		3.0149  GBP
10 10/11p ordinary		Sale		22,170		3.0234  GBP
10 10/11p ordinary		Sale		19,965		3.0167  GBP
10 10/11p ordinary		Sale		14,508		3.0175  GBP
10 10/11p ordinary		Sale		11,800		3.0237  GBP
10 10/11p ordinary		Sale		7,717		3.0117  GBP
10 10/11p ordinary		Sale		7,433		3.0154  GBP
10 10/11p ordinary		Sale		6,220		2.9500  GBP
10 10/11p ordinary		Sale		4,184		3.0097  GBP
10 10/11p ordinary		Sale		4,101		3.0220  GBP
10 10/11p ordinary		Sale		4,025		3.0132  GBP
10 10/11p ordinary		Sale		4,000		3.0245  GBP
ADR		Sale		4,000		16.2800  USD
10 10/11p ordinary		Sale		3,534		3.0212  GBP
10 10/11p ordinary		Sale		3,147		3.0253  GBP
10 10/11p ordinary		Sale		2,902		3.0240  GBP
10 10/11p ordinary		Sale		2,344		3.0183  GBP
10 10/11p ordinary		Sale		1,580		3.0082  GBP
10 10/11p ordinary		Sale		808		3.0300  GBP
10 10/11p ordinary		Sale		674		3.0120  GBP
10 10/11p ordinary		Sale		251		3.0180  GBP
10 10/11p ordinary		Sale		177		3.0360  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10 10/11p ordinary		SWAP		Decreasing Short		4,850	3.0085  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,128	3.0139  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,688	3.0149  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,433	3.0154  GBP
10 10/11p ordinary		SWAP		Decreasing Short		11,800	3.0237  GBP
10 10/11p ordinary		SWAP		Decreasing Short		40,089	3.0239  GBP
10 10/11p ordinary		SWAP		Decreasing Short		3,230	3.0240  GBP
10 10/11p ordinary		SWAP		Decreasing Short		4,000	3.0245  GBP
10 10/11p ordinary		SWAP		Expiration of a Long		204,549	NA
10 10/11p ordinary		SWAP		Increasing Short		119	2.9500  GBP
10 10/11p ordinary		SWAP		Increasing Short		60	3.0000  GBP
10 10/11p ordinary		SWAP		Increasing Short		3,409	3.0003  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,062	3.0060  GBP
10 10/11p ordinary		SWAP		Increasing Short		7,530	3.0176  GBP
10 10/11p ordinary		SWAP		Increasing Short		10,853	3.0177  GBP
10 10/11p ordinary		SWAP		Increasing Short		3,947	3.0189  GBP
10 10/11p ordinary		SWAP		Increasing Short		61,304	3.0216  GBP
10 10/11p ordinary		SWAP		Increasing Short		302	3.0240  GBP
10 10/11p ordinary		SWAP		Increasing Short		290	3.0300  GBP
10 10/11p ordinary		CFD		Decreasing Short		1,426	3.0117  GBP
10 10/11p ordinary		CFD		Decreasing Short		2,509	3.0140  GBP
10 10/11p ordinary		CFD		Decreasing Short		251	3.0180  GBP
10 10/11p ordinary		CFD		Decreasing Short		2,344	3.0183  GBP
10 10/11p ordinary		CFD		Increasing Short		6,220	2.9500  GBP
10 10/11p ordinary		CFD		Increasing Short		307	2.9502  GBP
10 10/11p ordinary		CFD		Increasing Short		49,393	3.0167  GBP
10 10/11p ordinary		CFD		Increasing Short		57,284	3.0175  GBP
10 10/11p ordinary		CFD		Increasing Short		30,763	3.0181  GBP
10 10/11p ordinary		CFD		Increasing Short		4,761	3.0210  GBP
10 10/11p ordinary		CFD		Increasing Short		793	3.0239  GBP
10 10/11p ordinary		CFD		Increasing Short		54	3.0279  GBP
10 10/11p ordinary		CFD		Increasing Short		30,935	3.0294  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				29 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END