Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC
17 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:

16 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:

43,499,384

3.32%

3,777,917

0.28%

(2) Cash-settled derivatives:

4,089,486

0.31%

42,554,385

3.24%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

47,588,870

3.63%

46,332,302

3.52%

(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

90,943

2.9898  GBP

10 10/11p ordinary

Purchase

82,924

2.9880  GBP

10 10/11p ordinary

Purchase

56,881

2.9882  GBP

10 10/11p ordinary

Purchase

54,004

2.9900  GBP

10 10/11p ordinary

Purchase

31,470

2.9885  GBP

10 10/11p ordinary

Purchase

28,037

2.9838  GBP

10 10/11p ordinary

Purchase

21,750

2.9853  GBP

10 10/11p ordinary

Purchase

21,454

2.9834  GBP

10 10/11p ordinary

Purchase

17,745

2.9921  GBP

10 10/11p ordinary

Purchase

16,472

2.9866  GBP

10 10/11p ordinary

Purchase

11,451

2.9856  GBP

10 10/11p ordinary

Purchase

11,137

2.9858  GBP

10 10/11p ordinary

Purchase

10,633

2.9844  GBP

10 10/11p ordinary

Purchase

8,593

2.9883  GBP

10 10/11p ordinary

Purchase

7,938

2.9836  GBP

10 10/11p ordinary

Purchase

7,198

2.9820  GBP

10 10/11p ordinary

Purchase

5,158

2.9827  GBP

10 10/11p ordinary

Purchase

4,441

2.9840  GBP

10 10/11p ordinary

Purchase

4,089

2.9843  GBP

ADR

Purchase

4,000

16.2600  USD

10 10/11p ordinary

Purchase

3,019

2.9828  GBP

10 10/11p ordinary

Purchase

2,359

2.9862  GBP

10 10/11p ordinary

Purchase

2,270

2.9825  GBP

10 10/11p ordinary

Purchase

2,256

2.9824  GBP

10 10/11p ordinary

Purchase

2,170

2.9930  GBP

10 10/11p ordinary

Purchase

1,804

2.9846  GBP

10 10/11p ordinary

Purchase

1,318

2.9913  GBP

10 10/11p ordinary

Purchase

982

2.9899  GBP

10 10/11p ordinary

Sale

66,272

2.9918  GBP

10 10/11p ordinary

Sale

50,990

2.9899  GBP

10 10/11p ordinary

Sale

22,299

2.9886  GBP

10 10/11p ordinary

Sale

18,421

2.9928  GBP

10 10/11p ordinary

Sale

15,702

2.9894  GBP

10 10/11p ordinary

Sale

11,710

2.9795  GBP

10 10/11p ordinary

Sale

8,801

2.9798  GBP

10 10/11p ordinary

Sale

8,310

2.9813  GBP

ADR

Sale

4,000

16.2600  USD

10 10/11p ordinary

Sale

3,732

2.9837  GBP

10 10/11p ordinary

Sale

3,350

2.9882  GBP

10 10/11p ordinary

Sale

3,298

2.9809  GBP

10 10/11p ordinary

Sale

3,099

2.9817  GBP

10 10/11p ordinary

Sale

2,918

2.9900  GBP

10 10/11p ordinary

Sale

1,663

2.9885  GBP

10 10/11p ordinary

Sale

1,640

2.9780  GBP

10 10/11p ordinary

Sale

1,545

2.9820  GBP

10 10/11p ordinary

Sale

697

2.9940  GBP

10 10/11p ordinary

Sale

292

2.9884  GBP

10 10/11p ordinary

Sale

206

2.9840  GBP

10 10/11p ordinary

Sale

9

2.9830  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

1,640

2.9780  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,035

2.9811  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,310

2.9813  GBP

10 10/11p ordinary

SWAP

Decreasing Short

559

2.9853  GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,245

2.9898  GBP

10 10/11p ordinary

SWAP

Decreasing Short

50,990

2.9899  GBP

10 10/11p ordinary

SWAP

Decreasing Short

40

2.9900  GBP

10 10/11p ordinary

SWAP

Decreasing Short

70,004

2.9913  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,270

2.9825  GBP

10 10/11p ordinary

SWAP

Increasing Short

21,454

2.9834  GBP

10 10/11p ordinary

SWAP

Increasing Short

28,037

2.9838  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,240

2.9840  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,612

2.9845  GBP

10 10/11p ordinary

SWAP

Increasing Short

30,924

2.9850  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,829

2.9855  GBP

10 10/11p ordinary

SWAP

Increasing Short

11,137

2.9858  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,359

2.9862  GBP

10 10/11p ordinary

SWAP

Increasing Short

51,428

2.9863  GBP

10 10/11p ordinary

SWAP

Increasing Short

55,487

2.9865  GBP

10 10/11p ordinary

SWAP

Increasing Short

31,838

2.9874  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,300

2.9880  GBP

10 10/11p ordinary

SWAP

Increasing Short

56,605

2.9884  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,600

2.9888  GBP

10 10/11p ordinary

SWAP

Increasing Short

32,432

2.9900  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,138

2.9903  GBP

10 10/11p ordinary

SWAP

Increasing Short

34,338

2.9921  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,170

2.9930  GBP

10 10/11p ordinary

CFD

Decreasing Short

11,710

2.9795  GBP

10 10/11p ordinary

CFD

Decreasing Short

11,520

2.9798  GBP

10 10/11p ordinary

CFD

Increasing Short

4,000

2.9822  GBP

10 10/11p ordinary

CFD

Increasing Short

19,427

2.9881  GBP

10 10/11p ordinary

CFD

Increasing Short

21,592

2.9900  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:

17 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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