Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

05 June 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:			04 Jun 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:				43,554,420	3.32%	3,798,300	0.28%
(2) Cash-settled derivatives:				4,107,854	0.31%	42,827,754	3.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				47,662,274	3.63%	46,626,054	3.55%
(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	500,000	2.9923  GBP
10 10/11p ordinary	Purchase	173,783	2.9900  GBP
10 10/11p ordinary	Purchase	122,218	3.0018  GBP
10 10/11p ordinary	Purchase	65,827	2.9991  GBP
10 10/11p ordinary	Purchase	50,684	2.9927  GBP
10 10/11p ordinary	Purchase	48,700	3.0008  GBP
10 10/11p ordinary	Purchase	33,800	2.9966  GBP
10 10/11p ordinary	Purchase	30,722	3.0033  GBP
10 10/11p ordinary	Purchase	18,864	2.9967  GBP
10 10/11p ordinary	Purchase	11,899	2.9897  GBP
10 10/11p ordinary	Purchase	7,009	3.0020  GBP
10 10/11p ordinary	Purchase	4,557	2.9920  GBP
10 10/11p ordinary	Purchase	4,544	3.0000  GBP
10 10/11p ordinary	Purchase	4,124	3.0028  GBP
10 10/11p ordinary	Purchase	3,792	3.0010  GBP
10 10/11p ordinary	Purchase	3,719	2.9997  GBP
10 10/11p ordinary	Purchase	3,016	3.0007  GBP
10 10/11p ordinary	Purchase	2,788	3.0060  GBP
10 10/11p ordinary	Purchase	2,489	3.0054  GBP
10 10/11p ordinary	Purchase	1,970	3.0030  GBP
10 10/11p ordinary	Purchase	1,745	2.9960  GBP
10 10/11p ordinary	Purchase	1,348	2.9942  GBP
10 10/11p ordinary	Purchase	980	3.0115  GBP
10 10/11p ordinary	Purchase	920	2.9899  GBP
10 10/11p ordinary	Sale	92,610	2.9912  GBP
10 10/11p ordinary	Sale	56,436	2.9913  GBP
10 10/11p ordinary	Sale	33,594	3.0006  GBP
10 10/11p ordinary	Sale	24,874	2.9989  GBP
10 10/11p ordinary	Sale	18,312	2.9900  GBP
10 10/11p ordinary	Sale	15,198	2.9920  GBP
10 10/11p ordinary	Sale	13,311	2.9998  GBP
10 10/11p ordinary	Sale	13,249	2.9994  GBP
10 10/11p ordinary	Sale	9,049	2.9996  GBP
10 10/11p ordinary	Sale	8,002	3.0051  GBP
10 10/11p ordinary	Sale	7,948	3.0084  GBP
10 10/11p ordinary	Sale	6,172	2.9986  GBP
10 10/11p ordinary	Sale	3,200	2.9917  GBP
10 10/11p ordinary	Sale	2,776	2.9899  GBP
10 10/11p ordinary	Sale	2,679	2.9928  GBP
10 10/11p ordinary	Sale	2,316	3.0100  GBP
10 10/11p ordinary	Sale	1,559	2.9940  GBP
10 10/11p ordinary	Sale	1,247	3.0080  GBP
10 10/11p ordinary	Sale	856	2.9980  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	2,776	2.9899  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,066	2.9900  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,482	2.9910  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,200	2.9917  GBP
10 10/11p ordinary	SWAP	Decreasing Short	357	2.9939  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,172	2.9986  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,517	2.9989  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,002	3.0051  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,247	3.0080  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,948	3.0084  GBP
10 10/11p ordinary	SWAP	Increasing Short	16,038	2.9900  GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.9923  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,348	2.9942  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,163	2.9958  GBP
10 10/11p ordinary	SWAP	Increasing Short	18,864	2.9967  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,094	2.9976  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,050	2.9987  GBP
10 10/11p ordinary	SWAP	Increasing Short	145,449	2.9991  GBP
10 10/11p ordinary	SWAP	Increasing Short	5,097	3.0004  GBP
10 10/11p ordinary	SWAP	Increasing Short	278	3.0010  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,237	3.0020  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,788	3.0060  GBP
10 10/11p ordinary	SWAP	Increasing Short	980	3.0100  GBP
10 10/11p ordinary	SWAP	Increasing Short	17	3.0400  GBP
10 10/11p ordinary	CFD	Decreasing Short	10,230	2.9920  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,679	2.9927  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,103	3.0034  GBP
10 10/11p ordinary	CFD	Increasing Short	8,437	2.9900  GBP
10 10/11p ordinary	CFD	Increasing Short	2,051	2.9981  GBP
10 10/11p ordinary	CFD	Increasing Short	34,658	3.0034  GBP
10 10/11p ordinary	CFD	Increasing Short	8,112	3.0043  GBP
10 10/11p ordinary	CFD	Increasing Short	76,346	3.0046  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:				05 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END