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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Published: 03/04/2025, 14:43

RNS Number : 5865D

Barclays PLC

03 April 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:			02 Apr 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:				36,233,747	2.76%	7,983,214	0.60%
(2) Cash-settled derivatives:				8,165,330	0.62%	35,078,949	2.67%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,399,077	3.39%	43,062,163	3.27%

Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				0	0.00%	200,000	0.06%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				0	0.00%	200,000	0.06%

(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	168,018	2.8194 GBP
10 10/11p ordinary	Purchase	147,137	2.8374 GBP
10 10/11p ordinary	Purchase	42,293	2.8095 GBP
10 10/11p ordinary	Purchase	37,401	2.8296 GBP
10 10/11p ordinary	Purchase	26,390	2.8440 GBP
10 10/11p ordinary	Purchase	23,088	2.8203 GBP
10 10/11p ordinary	Purchase	20,846	2.8251 GBP
10 10/11p ordinary	Purchase	20,284	2.8165 GBP
10 10/11p ordinary	Purchase	17,244	2.8192 GBP
10 10/11p ordinary	Purchase	8,302	2.8160 GBP
10 10/11p ordinary	Purchase	7,735	2.8225 GBP
10 10/11p ordinary	Purchase	7,479	2.8040 GBP
10 10/11p ordinary	Purchase	7,044	2.8140 GBP
10 10/11p ordinary	Purchase	6,905	2.8240 GBP
10 10/11p ordinary	Purchase	4,691	2.8113 GBP
10 10/11p ordinary	Purchase	3,883	2.8260 GBP
10 10/11p ordinary	Purchase	3,559	2.8241 GBP
10 10/11p ordinary	Purchase	3,350	2.8146 GBP
10 10/11p ordinary	Purchase	2,790	2.8147 GBP
10 10/11p ordinary	Purchase	2,634	2.8134 GBP
10 10/11p ordinary	Purchase	2,280	2.8159 GBP
10 10/11p ordinary	Purchase	2,114	2.8246 GBP
10 10/11p ordinary	Purchase	1,932	2.8181 GBP
10 10/11p ordinary	Purchase	1,888	2.8080 GBP
10 10/11p ordinary	Purchase	1,655	2.8220 GBP
10 10/11p ordinary	Purchase	1,374	2.8217 GBP
10 10/11p ordinary	Purchase	1,302	2.8180 GBP
10 10/11p ordinary	Purchase	1,165	2.8100 GBP
10 10/11p ordinary	Purchase	138	2.8295 GBP
10 10/11p ordinary	Sale	168,929	2.8265 GBP
10 10/11p ordinary	Sale	157,983	2.8354 GBP
10 10/11p ordinary	Sale	108,200	2.8294 GBP
10 10/11p ordinary	Sale	100,941	2.8236 GBP
10 10/11p ordinary	Sale	95,239	2.8204 GBP
10 10/11p ordinary	Sale	54,506	2.8439 GBP
10 10/11p ordinary	Sale	53,297	2.8199 GBP
10 10/11p ordinary	Sale	40,073	2.8188 GBP
10 10/11p ordinary	Sale	33,851	2.8280 GBP
10 10/11p ordinary	Sale	25,400	2.8170 GBP
10 10/11p ordinary	Sale	24,499	2.8159 GBP
10 10/11p ordinary	Sale	23,609	2.8169 GBP
10 10/11p ordinary	Sale	17,402	2.8192 GBP
10 10/11p ordinary	Sale	8,794	2.8440 GBP
10 10/11p ordinary	Sale	8,212	2.8163 GBP
10 10/11p ordinary	Sale	7,479	2.8040 GBP
10 10/11p ordinary	Sale	7,075	2.8140 GBP
10 10/11p ordinary	Sale	7,003	2.8240 GBP
10 10/11p ordinary	Sale	6,486	2.8198 GBP
10 10/11p ordinary	Sale	6,370	2.8160 GBP
10 10/11p ordinary	Sale	4,496	2.8190 GBP
10 10/11p ordinary	Sale	3,849	2.8165 GBP
10 10/11p ordinary	Sale	3,416	2.8220 GBP
10 10/11p ordinary	Sale	3,223	2.8099 GBP
10 10/11p ordinary	Sale	1,498	2.8175 GBP
10 10/11p ordinary	Sale	1,290	2.8080 GBP
10 10/11p ordinary	Sale	1,165	2.8100 GBP
10 10/11p ordinary	Sale	770	2.8133 GBP
10 10/11p ordinary	Sale	715	2.8180 GBP
10 10/11p ordinary	Sale	677	2.8091 GBP
10 10/11p ordinary	Sale	659	2.8260 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	42,293	2.8095 GBP
10 10/11p ordinary	SWAP	Increasing Short	285,946	2.8168 GBP
10 10/11p ordinary	SWAP	Increasing Short	20,846	2.8251 GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,068	2.8164 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,407	2.8166 GBP
10 10/11p ordinary	SWAP	Decreasing Short	23,609	2.8169 GBP
10 10/11p ordinary	SWAP	Decreasing Short	25,400	2.8170 GBP
10 10/11p ordinary	SWAP	Decreasing Short	20,104	2.8171 GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,578	2.8199 GBP
10 10/11p ordinary	SWAP	Decreasing Short	95,239	2.8204 GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,404	2.8212 GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,706	2.8220 GBP
10 10/11p ordinary	SWAP	Decreasing Short	99,363	2.8237 GBP
10 10/11p ordinary	SWAP	Decreasing Short	49,084	2.8278 GBP
10 10/11p ordinary	SWAP	Decreasing Short	597	2.8280 GBP
10 10/11p ordinary	SWAP	Decreasing Short	102,100	2.8288 GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,100	2.8406 GBP
10 10/11p ordinary	SWAP	Decreasing Short	41,549	2.8439 GBP
10 10/11p ordinary	SWAP	Decreasing Short	90,317	2.8440 GBP
10 10/11p ordinary	SWAP	Increasing Short	598	2.8080 GBP
10 10/11p ordinary	SWAP	Increasing Short	2,328	2.8160 GBP
10 10/11p ordinary	SWAP	Increasing Short	10,974	2.8171 GBP
10 10/11p ordinary	SWAP	Increasing Short	23,788	2.8203 GBP
10 10/11p ordinary	SWAP	Increasing Short	10,494	2.8208 GBP
10 10/11p ordinary	SWAP	Increasing Short	945	2.8220 GBP
10 10/11p ordinary	SWAP	Increasing Short	7,735	2.8225 GBP
10 10/11p ordinary	SWAP	Increasing Short	10	2.8280 GBP
10 10/11p ordinary	SWAP	Increasing Short	138	2.8295 GBP
10 10/11p ordinary	SWAP	Increasing Short	17,795	2.8440 GBP
10 10/11p ordinary	SWAP	Increasing Short	51,096	2.8441 GBP
10 10/11p ordinary	CFD	Decreasing Short	20,258	2.8123 GBP
10 10/11p ordinary	CFD	Decreasing Short	3,794	2.8264 GBP
10 10/11p ordinary	CFD	Increasing Short	1,701	2.8269 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:				03 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

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Form 8.3 DIRECT LINE INSURANCE GROUP PLC