Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC
09 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:

06 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:

43,482,994

3.32%

3,907,784

0.29%

(2) Cash-settled derivatives:

4,214,119

0.32%

42,766,401

3.26%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

47,697,113

3.64%

46,674,185

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

61,798

3.0374  GBP

10 10/11p ordinary

Purchase

60,814

3.0448  GBP

10 10/11p ordinary

Purchase

48,700

3.0367  GBP

10 10/11p ordinary

Purchase

46,341

3.0520  GBP

10 10/11p ordinary

Purchase

44,703

3.0309  GBP

10 10/11p ordinary

Purchase

8,896

3.0335  GBP

10 10/11p ordinary

Purchase

4,298

3.0395  GBP

10 10/11p ordinary

Purchase

3,000

3.0320  GBP

10 10/11p ordinary

Purchase

2,872

3.0267  GBP

10 10/11p ordinary

Purchase

1,611

3.0339  GBP

10 10/11p ordinary

Purchase

1,464

3.0368  GBP

10 10/11p ordinary

Purchase

340

3.0240  GBP

10 10/11p ordinary

Purchase

288

3.0400  GBP

10 10/11p ordinary

Purchase

239

3.0290  GBP

10 10/11p ordinary

Purchase

183

3.0260  GBP

10 10/11p ordinary

Sale

207,853

3.0520  GBP

10 10/11p ordinary

Sale

59,847

3.0512  GBP

10 10/11p ordinary

Sale

50,379

3.0519  GBP

10 10/11p ordinary

Sale

32,773

3.0472  GBP

10 10/11p ordinary

Sale

31,033

3.0358  GBP

10 10/11p ordinary

Sale

10,939

3.0377  GBP

10 10/11p ordinary

Sale

8,410

3.0424  GBP

10 10/11p ordinary

Sale

5,746

3.0522  GBP

10 10/11p ordinary

Sale

4,226

3.0439  GBP

10 10/11p ordinary

Sale

3,199

3.0325  GBP

10 10/11p ordinary

Sale

2,269

3.0369  GBP

10 10/11p ordinary

Sale

1,858

3.0322  GBP

10 10/11p ordinary

Sale

1,500

3.0221  GBP

10 10/11p ordinary

Sale

1,073

3.0380  GBP

10 10/11p ordinary

Sale

805

3.0320  GBP

10 10/11p ordinary

Sale

795

3.0349  GBP

10 10/11p ordinary

Sale

710

3.0329  GBP

10 10/11p ordinary

Sale

459

3.0420  GBP

10 10/11p ordinary

Sale

300

3.0240  GBP

10 10/11p ordinary

Sale

288

3.0400  GBP

10 10/11p ordinary

Sale

239

3.0290  GBP

10 10/11p ordinary

Sale

183

3.0260  GBP

10 10/11p ordinary

Sale

100

3.0280  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

1,500

3.0221  GBP

10 10/11p ordinary

SWAP

Decreasing Short

871

3.0306  GBP

10 10/11p ordinary

SWAP

Decreasing Short

805

3.0320  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,152

3.0334  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,623

3.0342  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,033

3.0358  GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,939

3.0377  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,684

3.0403  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,581

3.0410  GBP

10 10/11p ordinary

SWAP

Decreasing Short

310

3.0420  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,226

3.0439  GBP

10 10/11p ordinary

SWAP

Decreasing Short

826

3.0518  GBP

10 10/11p ordinary

SWAP

Decreasing Short

50,379

3.0519  GBP

10 10/11p ordinary

SWAP

Decreasing Short

220,864

3.0520  GBP

10 10/11p ordinary

SWAP

Increasing Short

340

3.0240  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,872

3.0267  GBP

10 10/11p ordinary

SWAP

Increasing Short

44,703

3.0309  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,611

3.0340  GBP

10 10/11p ordinary

SWAP

Increasing Short

48,700

3.0367  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,464

3.0368  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,298

3.0395  GBP

10 10/11p ordinary

SWAP

Increasing Short

60,814

3.0448  GBP

10 10/11p ordinary

SWAP

Increasing Short

59

3.0500  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,377

3.0520  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,728

3.0522  GBP

10 10/11p ordinary

CFD

Decreasing Short

20,181

3.0517  GBP

10 10/11p ordinary

CFD

Increasing Short

34,522

3.0313  GBP

10 10/11p ordinary

CFD

Increasing Short

4,472

3.0519  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:

09 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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