Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

26 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:				25 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:			36,252,193	2.76%	2,984,500	0.22%
(2)	Cash-settled derivatives:
	and/or controlled:			3,237,937	0.25%	35,719,601	2.72%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,490,130	3.01%	38,704,101	2.94%
(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		181,506		3.0644  GBP
10 10/11p ordinary		Purchase		98,822		3.0715  GBP
10 10/11p ordinary		Purchase		49,777		3.0677  GBP
10 10/11p ordinary		Purchase		35,425		3.0640  GBP
10 10/11p ordinary		Purchase		27,023		3.0605  GBP
10 10/11p ordinary		Purchase		20,287		3.0646  GBP
10 10/11p ordinary		Purchase		14,583		3.0660  GBP
10 10/11p ordinary		Purchase		14,287		3.0707  GBP
10 10/11p ordinary		Purchase		8,628		3.0720  GBP
10 10/11p ordinary		Purchase		8,513		3.0699  GBP
10 10/11p ordinary		Purchase		6,639		3.0653  GBP
10 10/11p ordinary		Purchase		5,098		3.0700  GBP
10 10/11p ordinary		Purchase		5,032		3.0680  GBP
10 10/11p ordinary		Purchase		4,760		3.0643  GBP
10 10/11p ordinary		Purchase		3,100		3.0665  GBP
10 10/11p ordinary		Purchase		2,014		3.0681  GBP
10 10/11p ordinary		Purchase		1,986		3.0689  GBP
10 10/11p ordinary		Purchase		1,560		3.0728  GBP
10 10/11p ordinary		Purchase		1,191		3.0719  GBP
10 10/11p ordinary		Purchase		1,039		3.0620  GBP
10 10/11p ordinary		Purchase		894		3.0730  GBP
10 10/11p ordinary		Purchase		16		3.0740  GBP
10 10/11p ordinary		Purchase		6		3.0600  GBP
10 10/11p ordinary		Sale		269,530		3.0637  GBP
10 10/11p ordinary		Sale		174,646		3.0659  GBP
10 10/11p ordinary		Sale		127,970		3.0654  GBP
10 10/11p ordinary		Sale		86,939		3.0714  GBP
10 10/11p ordinary		Sale		58,429		3.0640  GBP
10 10/11p ordinary		Sale		54,921		3.0665  GBP
10 10/11p ordinary		Sale		52,708		3.0689  GBP
10 10/11p ordinary		Sale		51,824		3.0672  GBP
10 10/11p ordinary		Sale		39,608		3.0664  GBP
10 10/11p ordinary		Sale		24,158		3.0698  GBP
10 10/11p ordinary		Sale		16,552		3.0648  GBP
10 10/11p ordinary		Sale		13,830		3.0687  GBP
10 10/11p ordinary		Sale		13,149		3.0677  GBP
10 10/11p ordinary		Sale		12,745		3.0700  GBP
10 10/11p ordinary		Sale		8,331		3.0680  GBP
10 10/11p ordinary		Sale		6,219		3.0702  GBP
10 10/11p ordinary		Sale		3,983		3.0681  GBP
10 10/11p ordinary		Sale		3,160		3.0656  GBP
10 10/11p ordinary		Sale		2,896		3.0682  GBP
10 10/11p ordinary		Sale		1,512		3.0650  GBP
10 10/11p ordinary		Sale		1,468		3.0720  GBP
10 10/11p ordinary		Sale		1,287		3.0630  GBP
10 10/11p ordinary		Sale		1,245		3.0710  GBP
10 10/11p ordinary		Sale		24		3.0643  GBP
10 10/11p ordinary		Sale		16		3.0740  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		1,287	3.0630  GBP
10 10/11p ordinary		SWAP		Decreasing Short		269,530	3.0637  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,315	3.0640  GBP
10 10/11p ordinary		SWAP		Decreasing Short		88,759	3.0642  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,025	3.0671  GBP
10 10/11p ordinary		SWAP		Decreasing Short		38,061	3.0672  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,781	3.0679  GBP
10 10/11p ordinary		SWAP		Decreasing Short		39,211	3.0682  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,442	3.0685  GBP
10 10/11p ordinary		SWAP		Decreasing Short		52,708	3.0689  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,509	3.0696  GBP
10 10/11p ordinary		SWAP		Decreasing Short		24,158	3.0698  GBP
10 10/11p ordinary		SWAP		Decreasing Short		86,939	3.0714  GBP
10 10/11p ordinary		SWAP		Increasing Short		27,023	3.0605  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,039	3.0620  GBP
10 10/11p ordinary		SWAP		Increasing Short		54,575	3.0638  GBP
10 10/11p ordinary		SWAP		Increasing Short		43,186	3.0640  GBP
10 10/11p ordinary		SWAP		Increasing Short		14,498	3.0657  GBP
10 10/11p ordinary		SWAP		Increasing Short		49,777	3.0677  GBP
10 10/11p ordinary		SWAP		Increasing Short		26	3.0693  GBP
10 10/11p ordinary		SWAP		Increasing Short		17,077	3.0708  GBP
10 10/11p ordinary		SWAP		Increasing Short		81,745	3.0716  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,560	3.0728  GBP
10 10/11p ordinary		CFD		Decreasing Short		220,438	3.0654  GBP
10 10/11p ordinary		CFD		Decreasing Short		7,311	3.0680  GBP
10 10/11p ordinary		CFD		Decreasing Short		13,830	3.0687  GBP
10 10/11p ordinary		CFD		Increasing Short		16,669	3.0639  GBP
10 10/11p ordinary		CFD		Increasing Short		19,171	3.0642  GBP
10 10/11p ordinary		CFD		Increasing Short		50,000	3.0671  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:				26 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END