Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

18 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:			17 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:				33,797,192	2.58%	3,318,743	0.25%
(2) Cash-settled derivatives:				3,648,290	0.28%	33,207,777	2.53%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				37,445,482	2.86%	36,526,520	2.78%
(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	252,188	3.0263  GBP
10 10/11p ordinary	Purchase	228,073	3.0260  GBP
10 10/11p ordinary	Purchase	171,375	3.0279  GBP
10 10/11p ordinary	Purchase	130,458	3.0259  GBP
ADR	Purchase	81,888	16.2600  USD
10 10/11p ordinary	Purchase	57,698	3.0248  GBP
10 10/11p ordinary	Purchase	35,437	3.0266  GBP
10 10/11p ordinary	Purchase	33,290	3.0284  GBP
10 10/11p ordinary	Purchase	26,973	3.0240  GBP
10 10/11p ordinary	Purchase	22,376	3.0184  GBP
10 10/11p ordinary	Purchase	22,203	3.0265  GBP
10 10/11p ordinary	Purchase	21,988	3.0252  GBP
10 10/11p ordinary	Purchase	15,813	3.0275  GBP
10 10/11p ordinary	Purchase	14,167	3.0193  GBP
10 10/11p ordinary	Purchase	13,125	3.0264  GBP
10 10/11p ordinary	Purchase	11,487	3.0285  GBP
10 10/11p ordinary	Purchase	8,471	3.0280  GBP
10 10/11p ordinary	Purchase	7,208	3.0203  GBP
10 10/11p ordinary	Purchase	6,832	3.0267  GBP
10 10/11p ordinary	Purchase	6,670	3.0310  GBP
10 10/11p ordinary	Purchase	4,905	3.0198  GBP
10 10/11p ordinary	Purchase	4,895	3.0214  GBP
10 10/11p ordinary	Purchase	4,697	3.0233  GBP
10 10/11p ordinary	Purchase	4,682	3.0246  GBP
10 10/11p ordinary	Purchase	4,542	3.0283  GBP
10 10/11p ordinary	Purchase	3,119	3.0282  GBP
10 10/11p ordinary	Purchase	2,281	3.0270  GBP
10 10/11p ordinary	Purchase	281	2.9864  GBP
10 10/11p ordinary	Sale	6,340,790	3.0273  GBP
10 10/11p ordinary	Sale	2,905,623	3.0265  GBP
10 10/11p ordinary	Sale	344,866	3.0260  GBP
10 10/11p ordinary	Sale	177,410	3.0203  GBP
10 10/11p ordinary	Sale	149,938	3.0230  GBP
10 10/11p ordinary	Sale	111,230	3.0206  GBP
10 10/11p ordinary	Sale	86,877	3.0266  GBP
10 10/11p ordinary	Sale	72,590	3.0258  GBP
10 10/11p ordinary	Sale	58,399	3.0255  GBP
10 10/11p ordinary	Sale	48,468	3.0249  GBP
10 10/11p ordinary	Sale	37,821	3.0210  GBP
10 10/11p ordinary	Sale	33,286	3.0253  GBP
10 10/11p ordinary	Sale	27,237	3.0198  GBP
10 10/11p ordinary	Sale	14,478	3.0248  GBP
10 10/11p ordinary	Sale	6,670	3.0310  GBP
10 10/11p ordinary	Sale	6,297	3.0219  GBP
10 10/11p ordinary	Sale	5,489	3.0259  GBP
10 10/11p ordinary	Sale	3,529	3.0299  GBP
10 10/11p ordinary	Sale	2,908	3.0274  GBP
10 10/11p ordinary	Sale	2,654	3.0251  GBP
10 10/11p ordinary	Sale	997	3.0252  GBP
10 10/11p ordinary	Sale	822	3.0250  GBP
10 10/11p ordinary	Sale	759	3.0285  GBP
10 10/11p ordinary	Sale	674	3.0080  GBP
10 10/11p ordinary	Sale	328	3.0240  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	Increasing Short	281	2.9864  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,428	3.0079  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11	3.0140  GBP
10 10/11p ordinary	SWAP	Decreasing Short	37,821	3.0210  GBP
10 10/11p ordinary	SWAP	Decreasing Short	250,000	3.0219  GBP
10 10/11p ordinary	SWAP	Decreasing Short	149,938	3.0230  GBP
10 10/11p ordinary	SWAP	Decreasing Short	80,809	3.0235  GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,709	3.0240  GBP
10 10/11p ordinary	SWAP	Decreasing Short	137	3.0246  GBP
10 10/11p ordinary	SWAP	Decreasing Short	48,468	3.0249  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,500	3.0253  GBP
10 10/11p ordinary	SWAP	Decreasing Short	38,259	3.0258  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,489	3.0259  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,905,623	3.0265  GBP
10 10/11p ordinary	SWAP	Decreasing Short	86,877	3.0266  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,908	3.0274  GBP
10 10/11p ordinary	SWAP	Increasing Short	22,574	3.0237  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,682	3.0246  GBP
10 10/11p ordinary	SWAP	Increasing Short	21,120	3.0248  GBP
10 10/11p ordinary	SWAP	Increasing Short	65,442	3.0252  GBP
10 10/11p ordinary	SWAP	Increasing Short	107,100	3.0257  GBP
10 10/11p ordinary	SWAP	Increasing Short	219,718	3.0260  GBP
10 10/11p ordinary	SWAP	Increasing Short	123	3.0262  GBP
10 10/11p ordinary	SWAP	Increasing Short	13,125	3.0264  GBP
10 10/11p ordinary	SWAP	Increasing Short	87,244	3.0266  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,200	3.0270  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,691	3.0272  GBP
10 10/11p ordinary	SWAP	Increasing Short	124,128	3.0278  GBP
10 10/11p ordinary	SWAP	Increasing Short	38,728	3.0279  GBP
10 10/11p ordinary	SWAP	Increasing Short	45,303	3.0282  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,542	3.0283  GBP
10 10/11p ordinary	SWAP	Increasing Short	33,290	3.0284  GBP
10 10/11p ordinary	SWAP	Increasing Short	11,487	3.0285  GBP
10 10/11p ordinary	SWAP	Increasing Short	449	3.0300  GBP
10 10/11p ordinary	CFD	Decreasing Short	15,300	3.0117  GBP
10 10/11p ordinary	CFD	Decreasing Short	24,368	3.0193  GBP
10 10/11p ordinary	CFD	Decreasing Short	912	3.0197  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,340,790	3.0273  GBP
10 10/11p ordinary	CFD	Increasing Short	51,396	3.0190  GBP
10 10/11p ordinary	CFD	Increasing Short	48,736	3.0193  GBP
10 10/11p ordinary	CFD	Increasing Short	22,669	3.0204  GBP
10 10/11p ordinary	CFD	Increasing Short	12,091	3.0205  GBP
10 10/11p ordinary	CFD	Increasing Short	6,124	3.0206  GBP
10 10/11p ordinary	CFD	Increasing Short	130,342	3.0268  GBP
10 10/11p ordinary	CFD	Increasing Short	21,350	3.0278  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:				18 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END