Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

16 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				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:				13 Jun 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:			43,363,221	3.31%	3,925,296	0.29%
(2)	Cash-settled derivatives:
	and/or controlled:			4,239,778	0.32%	42,440,513	3.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			47,602,999	3.63%	46,365,809	3.53%
(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		250,856		2.9820  GBP
10 10/11p ordinary		Purchase		59,073		2.9776  GBP
10 10/11p ordinary		Purchase		44,319		2.9778  GBP
10 10/11p ordinary		Purchase		37,280		2.9810  GBP
10 10/11p ordinary		Purchase		31,914		2.9796  GBP
10 10/11p ordinary		Purchase		18,071		2.9740  GBP
10 10/11p ordinary		Purchase		13,665		2.9836  GBP
10 10/11p ordinary		Purchase		8,720		2.9749  GBP
10 10/11p ordinary		Purchase		6,646		2.9789  GBP
10 10/11p ordinary		Purchase		6,435		2.9822  GBP
10 10/11p ordinary		Purchase		4,196		2.9745  GBP
10 10/11p ordinary		Purchase		3,860		2.9799  GBP
10 10/11p ordinary		Purchase		2,476		2.9786  GBP
10 10/11p ordinary		Purchase		2,114		2.9779  GBP
10 10/11p ordinary		Purchase		1,507		2.9840  GBP
10 10/11p ordinary		Purchase		1,304		2.9680  GBP
10 10/11p ordinary		Purchase		1,244		2.9660  GBP
10 10/11p ordinary		Purchase		1,224		2.9803  GBP
10 10/11p ordinary		Purchase		850		2.9759  GBP
10 10/11p ordinary		Purchase		784		2.9800  GBP
10 10/11p ordinary		Sale		125,629		2.9731  GBP
10 10/11p ordinary		Sale		120,151		2.9782  GBP
10 10/11p ordinary		Sale		69,428		2.9819  GBP
10 10/11p ordinary		Sale		66,272		2.9808  GBP
10 10/11p ordinary		Sale		20,555		2.9726  GBP
10 10/11p ordinary		Sale		10,900		2.9771  GBP
10 10/11p ordinary		Sale		9,882		2.9700  GBP
10 10/11p ordinary		Sale		8,048		2.9775  GBP
10 10/11p ordinary		Sale		4,557		2.9804  GBP
10 10/11p ordinary		Sale		4,030		2.9764  GBP
10 10/11p ordinary		Sale		3,948		2.9820  GBP
10 10/11p ordinary		Sale		2,783		2.9674  GBP
10 10/11p ordinary		Sale		2,241		2.9811  GBP
10 10/11p ordinary		Sale		2,223		2.9679  GBP
10 10/11p ordinary		Sale		1,544		2.9723  GBP
10 10/11p ordinary		Sale		1,435		2.9755  GBP
10 10/11p ordinary		Sale		1,425		2.9660  GBP
10 10/11p ordinary		Sale		1,081		2.9880  GBP
10 10/11p ordinary		Sale		985		2.9760  GBP
10 10/11p ordinary		Sale		764		2.9733  GBP
10 10/11p ordinary		Sale		437		2.9683  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		2,224	2.9679  GBP
10 10/11p ordinary		SWAP		Decreasing Short		437	2.9683  GBP
10 10/11p ordinary		SWAP		Decreasing Short		9,881	2.9700  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,524	2.9728  GBP
10 10/11p ordinary		SWAP		Decreasing Short		125,629	2.9731  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,251	2.9746  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,349	2.9747  GBP
10 10/11p ordinary		SWAP		Decreasing Short		5,375	2.9756  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,955	2.9760  GBP
10 10/11p ordinary		SWAP		Decreasing Short		10,900	2.9771  GBP
10 10/11p ordinary		SWAP		Decreasing Short		135,700	2.9814  GBP
10 10/11p ordinary		SWAP		Decreasing Short		54,908	2.9820  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,196	2.9745  GBP
10 10/11p ordinary		SWAP		Increasing Short		8,720	2.9749  GBP
10 10/11p ordinary		SWAP		Increasing Short		43,671	2.9752  GBP
10 10/11p ordinary		SWAP		Increasing Short		15,438	2.9757  GBP
10 10/11p ordinary		SWAP		Increasing Short		5,337	2.9768  GBP
10 10/11p ordinary		SWAP		Increasing Short		30,936	2.9772  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,114	2.9779  GBP
10 10/11p ordinary		SWAP		Increasing Short		6,646	2.9789  GBP
10 10/11p ordinary		SWAP		Increasing Short		13,383	2.9790  GBP
10 10/11p ordinary		SWAP		Increasing Short		31,914	2.9796  GBP
10 10/11p ordinary		SWAP		Increasing Short		716	2.9800  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,224	2.9803  GBP
10 10/11p ordinary		SWAP		Increasing Short		37,280	2.9810  GBP
10 10/11p ordinary		SWAP		Increasing Short		28,672	2.9820  GBP
10 10/11p ordinary		SWAP		Increasing Short		6,435	2.9822  GBP
10 10/11p ordinary		SWAP		Increasing Short		13,665	2.9836  GBP
10 10/11p ordinary		CFD		Decreasing Short		27,535	2.9762  GBP
10 10/11p ordinary		CFD		Decreasing Short		3,304	2.9797  GBP
10 10/11p ordinary		CFD		Decreasing Short		1,081	2.9820  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:				16 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END