Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

12 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:			11 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:				43,481,214	3.32%	4,065,533	0.31%
(2) Cash-settled derivatives:				4,388,432	0.33%	42,768,349	3.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				47,869,646	3.65%	46,833,882	3.57%
(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	109,331	3.0047  GBP
10 10/11p ordinary	Purchase	40,559	3.0040  GBP
10 10/11p ordinary	Purchase	36,903	3.0068  GBP
10 10/11p ordinary	Purchase	20,838	3.0042  GBP
10 10/11p ordinary	Purchase	16,270	3.0124  GBP
ADR	Purchase	14,480	16.2371  USD
10 10/11p ordinary	Purchase	10,394	3.0061  GBP
10 10/11p ordinary	Purchase	7,081	3.0122  GBP
10 10/11p ordinary	Purchase	6,426	3.0046  GBP
10 10/11p ordinary	Purchase	3,079	3.0125  GBP
10 10/11p ordinary	Purchase	2,954	3.0132  GBP
10 10/11p ordinary	Purchase	2,454	3.0060  GBP
10 10/11p ordinary	Purchase	2,273	3.0062  GBP
10 10/11p ordinary	Purchase	2,240	3.0045  GBP
10 10/11p ordinary	Purchase	1,989	3.0050  GBP
10 10/11p ordinary	Purchase	1,940	3.0087  GBP
10 10/11p ordinary	Purchase	1,560	3.0080  GBP
10 10/11p ordinary	Purchase	1,315	3.0056  GBP
10 10/11p ordinary	Purchase	1,040	3.0120  GBP
10 10/11p ordinary	Purchase	795	3.0076  GBP
10 10/11p ordinary	Purchase	368	3.0039  GBP
10 10/11p ordinary	Purchase	48	2.9839  GBP
10 10/11p ordinary	Sale	77,639	3.0043  GBP
10 10/11p ordinary	Sale	24,874	3.0040  GBP
10 10/11p ordinary	Sale	20,649	3.0047  GBP
ADR	Sale	14,480	16.2371  USD
10 10/11p ordinary	Sale	13,658	3.0045  GBP
10 10/11p ordinary	Sale	13,194	3.0068  GBP
10 10/11p ordinary	Sale	13,114	3.0125  GBP
10 10/11p ordinary	Sale	10,000	3.0063  GBP
10 10/11p ordinary	Sale	8,059	3.0030  GBP
10 10/11p ordinary	Sale	7,719	3.0037  GBP
10 10/11p ordinary	Sale	3,665	3.0042  GBP
10 10/11p ordinary	Sale	3,090	3.0044  GBP
10 10/11p ordinary	Sale	2,219	3.0080  GBP
10 10/11p ordinary	Sale	1,112	3.0051  GBP
10 10/11p ordinary	Sale	780	3.0050  GBP
10 10/11p ordinary	Sale	398	3.0120  GBP
10 10/11p ordinary	Sale	37	3.0054  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	5,268	3.0029  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,791	3.0031  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,719	3.0037  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,342	3.0040  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,665	3.0042  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,639	3.0045  GBP
10 10/11p ordinary	SWAP	Decreasing Short	20,649	3.0047  GBP
10 10/11p ordinary	SWAP	Decreasing Short	73	3.0049  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,748	3.0054  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,000	3.0063  GBP
10 10/11p ordinary	SWAP	Decreasing Short	677	3.0080  GBP
10 10/11p ordinary	SWAP	Increasing Short	48	2.9840  GBP
10 10/11p ordinary	SWAP	Increasing Short	27,091	3.0039  GBP
10 10/11p ordinary	SWAP	Increasing Short	43,816	3.0040  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,240	3.0045  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,315	3.0056  GBP
10 10/11p ordinary	SWAP	Increasing Short	10,394	3.0061  GBP
10 10/11p ordinary	SWAP	Increasing Short	2,273	3.0062  GBP
10 10/11p ordinary	SWAP	Increasing Short	35,528	3.0068  GBP
10 10/11p ordinary	CFD	Decreasing Short	7,297	3.0032  GBP
10 10/11p ordinary	CFD	Decreasing Short	7,183	3.0033  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,911	3.0066  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,958	3.0078  GBP
10 10/11p ordinary	CFD	Increasing Short	6,943	3.0042  GBP
10 10/11p ordinary	CFD	Increasing Short	9,623	3.0090  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:				12 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END