Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

27 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:				26 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:			29,597,443	2.26%	11,527,496	0.87%
(2)	Cash-settled derivatives:
	and/or controlled:			11,763,132	0.90%	29,024,476	2.21%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,360,575	3.15%	40,551,972	3.08%
(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		99,077		3.0640  GBP
10 10/11p ordinary		Purchase		86,239		3.0647  GBP
10 10/11p ordinary		Purchase		70,084		3.0671  GBP
10 10/11p ordinary		Purchase		66,650		3.0762  GBP
10 10/11p ordinary		Purchase		34,982		3.0666  GBP
10 10/11p ordinary		Purchase		22,132		3.0716  GBP
10 10/11p ordinary		Purchase		10,194		3.0743  GBP
10 10/11p ordinary		Purchase		9,896		3.0700  GBP
10 10/11p ordinary		Purchase		8,692		3.0740  GBP
10 10/11p ordinary		Purchase		8,525		3.0739  GBP
10 10/11p ordinary		Purchase		7,330		3.0722  GBP
10 10/11p ordinary		Purchase		6,241		3.0706  GBP
10 10/11p ordinary		Purchase		5,553		3.0726  GBP
10 10/11p ordinary		Purchase		5,130		3.0720  GBP
10 10/11p ordinary		Purchase		5,106		3.0690  GBP
10 10/11p ordinary		Purchase		4,641		3.0701  GBP
10 10/11p ordinary		Purchase		3,360		3.0711  GBP
10 10/11p ordinary		Purchase		2,912		3.0713  GBP
10 10/11p ordinary		Purchase		2,281		3.0745  GBP
10 10/11p ordinary		Purchase		2,190		3.0715  GBP
10 10/11p ordinary		Purchase		2,017		3.0660  GBP
10 10/11p ordinary		Purchase		2,002		3.0697  GBP
10 10/11p ordinary		Purchase		1,121		3.0719  GBP
10 10/11p ordinary		Purchase		1,067		3.0746  GBP
10 10/11p ordinary		Purchase		906		3.0680  GBP
10 10/11p ordinary		Purchase		868		3.0760  GBP
10 10/11p ordinary		Purchase		854		3.0800  GBP
10 10/11p ordinary		Purchase		641		3.0748  GBP
10 10/11p ordinary		Purchase		88		3.0725  GBP
10 10/11p ordinary		Sale		190,964		3.0727  GBP
10 10/11p ordinary		Sale		136,154		3.0637  GBP
10 10/11p ordinary		Sale		126,867		3.0640  GBP
10 10/11p ordinary		Sale		65,000		3.0774  GBP
10 10/11p ordinary		Sale		64,634		3.0658  GBP
10 10/11p ordinary		Sale		49,446		3.0732  GBP
10 10/11p ordinary		Sale		25,915		3.0738  GBP
10 10/11p ordinary		Sale		20,993		3.0742  GBP
10 10/11p ordinary		Sale		19,852		3.0718  GBP
10 10/11p ordinary		Sale		13,350		3.0650  GBP
10 10/11p ordinary		Sale		12,672		3.0739  GBP
10 10/11p ordinary		Sale		5,545		3.0766  GBP
10 10/11p ordinary		Sale		5,287		3.0753  GBP
10 10/11p ordinary		Sale		4,473		3.0720  GBP
10 10/11p ordinary		Sale		3,942		3.0680  GBP
10 10/11p ordinary		Sale		3,790		3.0764  GBP
10 10/11p ordinary		Sale		2,645		3.0700  GBP
10 10/11p ordinary		Sale		2,512		3.0729  GBP
10 10/11p ordinary		Sale		2,508		3.0724  GBP
10 10/11p ordinary		Sale		2,080		3.0730  GBP
10 10/11p ordinary		Sale		2,017		3.0660  GBP
10 10/11p ordinary		Sale		1,970		3.0697  GBP
10 10/11p ordinary		Sale		1,894		3.0690  GBP
10 10/11p ordinary		Sale		1,547		3.0701  GBP
10 10/11p ordinary		Sale		868		3.0760  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		136,154	3.0637  GBP
10 10/11p ordinary		SWAP		Decreasing Short		4,366	3.0638  GBP
10 10/11p ordinary		SWAP		Decreasing Short		31,878	3.0640  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,496	3.0687  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,970	3.0697  GBP
10 10/11p ordinary		SWAP		Decreasing Short		35,635	3.0699  GBP
10 10/11p ordinary		SWAP		Decreasing Short		1,911	3.0711  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,048	3.0712  GBP
10 10/11p ordinary		SWAP		Decreasing Short		19,852	3.0718  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,512	3.0729  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,080	3.0730  GBP
10 10/11p ordinary		SWAP		Decreasing Short		13,162	3.0735  GBP
10 10/11p ordinary		SWAP		Opening Long		14,901,600	3.0756  GBP
10 10/11p ordinary		SWAP		Increasing Long		4,200	3.0757  GBP
10 10/11p ordinary		SWAP		Increasing Long		26,950	3.0768  GBP
10 10/11p ordinary		SWAP		Increasing Long		65,000	3.0774  GBP
10 10/11p ordinary		SWAP		Decreasing Long		74,195	3.0640  GBP
10 10/11p ordinary		SWAP		Decreasing Long		4,071	3.0641  GBP
10 10/11p ordinary		SWAP		Decreasing Long		9,949	3.0692  GBP
10 10/11p ordinary		SWAP		Decreasing Long		12,075	3.0708  GBP
10 10/11p ordinary		SWAP		Decreasing Long		22,132	3.0716  GBP
10 10/11p ordinary		SWAP		Decreasing Long		657	3.0720  GBP
10 10/11p ordinary		SWAP		Decreasing Long		26,394	3.0722  GBP
10 10/11p ordinary		SWAP		Decreasing Long		11,261	3.0743  GBP
10 10/11p ordinary		SWAP		Decreasing Long		641	3.0748  GBP
10 10/11p ordinary		SWAP		Decreasing Long		12,548	3.0760  GBP
10 10/11p ordinary		SWAP		Decreasing Long		54,102	3.0763  GBP
10 10/11p ordinary		CFD		Decreasing Short		2,979	3.0720  GBP
10 10/11p ordinary		CFD		Decreasing Short		218,128	3.0727  GBP
10 10/11p ordinary		CFD		Increasing Short		2,979	3.0640  GBP
10 10/11p ordinary		CFD		Increasing Short		11,672	3.0642  GBP
10 10/11p ordinary		CFD		Increasing Short		45,925	3.0706  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:				27 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END