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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Published: 04/04/2025, 15:05

RNS Number : 7751D

Barclays PLC

04 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:			03 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:				36,374,124	2.77%	8,083,039	0.61%
(2) Cash-settled derivatives:				8,340,465	0.64%	35,216,148	2.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,714,589	3.41%	43,299,187	3.30%

(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	223,719	2.7585 GBP
10 10/11p ordinary	Purchase	186,729	2.7803 GBP
10 10/11p ordinary	Purchase	131,770	2.7560 GBP
10 10/11p ordinary	Purchase	54,052	2.7781 GBP
10 10/11p ordinary	Purchase	44,153	2.7766 GBP
10 10/11p ordinary	Purchase	35,574	2.7764 GBP
10 10/11p ordinary	Purchase	24,337	2.7738 GBP
10 10/11p ordinary	Purchase	22,551	2.7795 GBP
10 10/11p ordinary	Purchase	22,000	2.7802 GBP
10 10/11p ordinary	Purchase	15,324	2.7700 GBP
10 10/11p ordinary	Purchase	10,071	2.7588 GBP
10 10/11p ordinary	Purchase	7,934	2.7776 GBP
10 10/11p ordinary	Purchase	7,350	2.7753 GBP
10 10/11p ordinary	Purchase	7,240	2.7774 GBP
10 10/11p ordinary	Purchase	5,501	2.7660 GBP
10 10/11p ordinary	Purchase	5,493	2.7676 GBP
10 10/11p ordinary	Purchase	4,980	2.7732 GBP
10 10/11p ordinary	Purchase	3,584	2.7769 GBP
10 10/11p ordinary	Purchase	3,300	2.7680 GBP
10 10/11p ordinary	Purchase	1,740	2.7728 GBP
10 10/11p ordinary	Purchase	1,703	2.7760 GBP
10 10/11p ordinary	Purchase	1,218	2.7800 GBP
10 10/11p ordinary	Purchase	1,045	2.7920 GBP
10 10/11p ordinary	Purchase	941	2.7740 GBP
10 10/11p ordinary	Purchase	604	2.7840 GBP
10 10/11p ordinary	Purchase	487	2.7860 GBP
10 10/11p ordinary	Purchase	423	2.7820 GBP
10 10/11p ordinary	Purchase	319	2.7790 GBP
10 10/11p ordinary	Purchase	229	2.7699 GBP
10 10/11p ordinary	Sale	306,896	2.7808 GBP
10 10/11p ordinary	Sale	103,353	2.7558 GBP
10 10/11p ordinary	Sale	87,847	2.7741 GBP
10 10/11p ordinary	Sale	82,164	2.7788 GBP
10 10/11p ordinary	Sale	68,937	2.7748 GBP
10 10/11p ordinary	Sale	44,877	2.7560 GBP
10 10/11p ordinary	Sale	16,490	2.7649 GBP
10 10/11p ordinary	Sale	10,693	2.7722 GBP
10 10/11p ordinary	Sale	10,417	2.7701 GBP
10 10/11p ordinary	Sale	7,377	2.7639 GBP
10 10/11p ordinary	Sale	6,886	2.7641 GBP
10 10/11p ordinary	Sale	6,516	2.7732 GBP
10 10/11p ordinary	Sale	5,316	2.7719 GBP
10 10/11p ordinary	Sale	4,253	2.7716 GBP
10 10/11p ordinary	Sale	3,547	2.7685 GBP
10 10/11p ordinary	Sale	2,873	2.7760 GBP
10 10/11p ordinary	Sale	2,703	2.7824 GBP
10 10/11p ordinary	Sale	2,500	2.7999 GBP
10 10/11p ordinary	Sale	1,326	2.7784 GBP
10 10/11p ordinary	Sale	1,218	2.7800 GBP
10 10/11p ordinary	Sale	1,096	2.7700 GBP
10 10/11p ordinary	Sale	1,045	2.7920 GBP
10 10/11p ordinary	Sale	968	2.7660 GBP
10 10/11p ordinary	Sale	885	2.7740 GBP
10 10/11p ordinary	Sale	604	2.7840 GBP
10 10/11p ordinary	Sale	564	2.7680 GBP
10 10/11p ordinary	Sale	495	2.7802 GBP
10 10/11p ordinary	Sale	487	2.7860 GBP
10 10/11p ordinary	Sale	467	2.7779 GBP
10 10/11p ordinary	Sale	423	2.7820 GBP
10 10/11p ordinary	Sale	416	2.7623 GBP
10 10/11p ordinary	Sale	180	2.7780 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	109,471	2.7558 GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,511	2.7619 GBP
10 10/11p ordinary	SWAP	Decreasing Short	416	2.7623 GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,377	2.7639 GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,886	2.7641 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,547	2.7685 GBP
10 10/11p ordinary	SWAP	Decreasing Short	8,989	2.7696 GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,417	2.7701 GBP
10 10/11p ordinary	SWAP	Decreasing Short	74,067	2.7739 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,531	2.7748 GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,780	2.7752 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,156	2.7759 GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,285	2.7765 GBP
10 10/11p ordinary	SWAP	Decreasing Short	93	2.7779 GBP
10 10/11p ordinary	SWAP	Decreasing Short	82,164	2.7788 GBP
10 10/11p ordinary	SWAP	Decreasing Short	21,763	2.7790 GBP
10 10/11p ordinary	SWAP	Decreasing Short	87	2.8000 GBP
10 10/11p ordinary	SWAP	Increasing Short	94,318	2.7560 GBP
10 10/11p ordinary	SWAP	Increasing Short	8,007	2.7561 GBP
10 10/11p ordinary	SWAP	Increasing Short	21,893	2.7604 GBP
10 10/11p ordinary	SWAP	Increasing Short	50,346	2.7610 GBP
10 10/11p ordinary	SWAP	Increasing Short	167	2.7660 GBP
10 10/11p ordinary	SWAP	Increasing Short	594	2.7747 GBP
10 10/11p ordinary	SWAP	Increasing Short	6,903	2.7750 GBP
10 10/11p ordinary	SWAP	Increasing Short	600	2.7760 GBP
10 10/11p ordinary	SWAP	Increasing Short	2,824	2.7765 GBP
10 10/11p ordinary	SWAP	Increasing Short	44,153	2.7766 GBP
10 10/11p ordinary	SWAP	Increasing Short	49,154	2.7769 GBP
10 10/11p ordinary	SWAP	Increasing Short	7,240	2.7774 GBP
10 10/11p ordinary	CFD	Decreasing Short	8,104	2.7710 GBP
10 10/11p ordinary	CFD	Decreasing Short	31,413	2.7755 GBP
10 10/11p ordinary	CFD	Decreasing Short	1,080	2.8013 GBP
10 10/11p ordinary	CFD	Increasing Short	38,994	2.7568 GBP
10 10/11p ordinary	CFD	Increasing Short	14,920	2.7649 GBP
10 10/11p ordinary	CFD	Increasing Short	17,522	2.7666 GBP
10 10/11p ordinary	CFD	Increasing Short	3,566	2.7749 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:				04 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

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Market data

Form 8.3 DIRECT LINE INSURANCE GROUP PLC