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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Published: 16/05/2025, 11:18

RNS Number : 0349J

Barclays PLC

16 May 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:			15 May 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:				40,894,852	3.12%	5,434,855	0.41%
(2) Cash-settled derivatives:				5,949,943	0.45%	40,137,200	3.06%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,844,795	3.57%	45,572,055	3.47%
(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	500,000	2.8783 GBP
10 10/11p ordinary	Purchase	370,640	2.9226 GBP
10 10/11p ordinary	Purchase	200,900	2.9240 GBP
10 10/11p ordinary	Purchase	156,603	2.9124 GBP
10 10/11p ordinary	Purchase	96,072	2.9199 GBP
10 10/11p ordinary	Purchase	95,578	2.9215 GBP
10 10/11p ordinary	Purchase	40,728	2.9166 GBP
10 10/11p ordinary	Purchase	19,508	2.9246 GBP
10 10/11p ordinary	Purchase	18,168	2.9200 GBP
10 10/11p ordinary	Purchase	17,337	2.9294 GBP
10 10/11p ordinary	Purchase	14,768	2.9222 GBP
10 10/11p ordinary	Purchase	11,493	2.9268 GBP
10 10/11p ordinary	Purchase	10,932	2.8800 GBP
10 10/11p ordinary	Purchase	6,062	2.9239 GBP
10 10/11p ordinary	Purchase	5,933	2.9307 GBP
10 10/11p ordinary	Purchase	5,012	2.9301 GBP
10 10/11p ordinary	Purchase	4,462	2.9161 GBP
10 10/11p ordinary	Purchase	4,373	2.9251 GBP
10 10/11p ordinary	Purchase	3,954	2.9281 GBP
10 10/11p ordinary	Purchase	2,979	2.9360 GBP
10 10/11p ordinary	Purchase	2,089	2.9120 GBP
10 10/11p ordinary	Purchase	2,060	2.9096 GBP
10 10/11p ordinary	Purchase	1,923	2.8830 GBP
10 10/11p ordinary	Purchase	1,585	2.9258 GBP
10 10/11p ordinary	Purchase	1,502	2.9370 GBP
10 10/11p ordinary	Purchase	1,123	2.9330 GBP
10 10/11p ordinary	Purchase	1,015	2.9230 GBP
10 10/11p ordinary	Purchase	825	2.9100 GBP
10 10/11p ordinary	Purchase	641	2.9160 GBP
10 10/11p ordinary	Purchase	545	2.9290 GBP
10 10/11p ordinary	Purchase	220	2.9400 GBP
10 10/11p ordinary	Purchase	177	2.8860 GBP
10 10/11p ordinary	Sale	220,975	2.9213 GBP
10 10/11p ordinary	Sale	120,716	2.9244 GBP
10 10/11p ordinary	Sale	106,492	2.9149 GBP
10 10/11p ordinary	Sale	75,559	2.9240 GBP
10 10/11p ordinary	Sale	31,700	2.9111 GBP
10 10/11p ordinary	Sale	17,361	2.9200 GBP
10 10/11p ordinary	Sale	16,235	2.9017 GBP
10 10/11p ordinary	Sale	7,262	2.9112 GBP
10 10/11p ordinary	Sale	6,481	2.9100 GBP
10 10/11p ordinary	Sale	3,916	2.9121 GBP
10 10/11p ordinary	Sale	2,571	2.9124 GBP
10 10/11p ordinary	Sale	2,395	2.9239 GBP
10 10/11p ordinary	Sale	2,245	2.9120 GBP
10 10/11p ordinary	Sale	1,977	2.9281 GBP
10 10/11p ordinary	Sale	1,822	2.9031 GBP
10 10/11p ordinary	Sale	1,491	2.9130 GBP
10 10/11p ordinary	Sale	1,123	2.9330 GBP
10 10/11p ordinary	Sale	910	2.9311 GBP
10 10/11p ordinary	Sale	774	2.9259 GBP
10 10/11p ordinary	Sale	761	2.8978 GBP
10 10/11p ordinary	Sale	641	2.9160 GBP
10 10/11p ordinary	Sale	442	2.8866 GBP
10 10/11p ordinary	Sale	232	2.8840 GBP
10 10/11p ordinary	Sale	220	2.9400 GBP
10 10/11p ordinary	Sale	178	2.9254 GBP
10 10/11p ordinary	Sale	169	2.9237 GBP
10 10/11p ordinary	Sale	127	2.9234 GBP
10 10/11p ordinary	Sale	73	2.8859 GBP
10 10/11p ordinary	Sale	29	2.8740 GBP
10 10/11p ordinary	Sale	20	2.8700 GBP
10 10/11p ordinary	Sale	11	2.8720 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	73	2.8859 GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,235	2.9017 GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,822	2.9031 GBP
10 10/11p ordinary	SWAP	Decreasing Short	87	2.9200 GBP
10 10/11p ordinary	SWAP	Decreasing Short	127	2.9234 GBP
10 10/11p ordinary	SWAP	Decreasing Short	22,506	2.9235 GBP
10 10/11p ordinary	SWAP	Decreasing Short	169	2.9237 GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,395	2.9239 GBP
10 10/11p ordinary	SWAP	Decreasing Short	120,716	2.9244 GBP
10 10/11p ordinary	SWAP	Decreasing Short	178	2.9254 GBP
10 10/11p ordinary	SWAP	Decreasing Short	93	2.9258 GBP
10 10/11p ordinary	SWAP	Decreasing Short	774	2.9259 GBP
10 10/11p ordinary	SWAP	Decreasing Short	910	2.9311 GBP
10 10/11p ordinary	SWAP	Increasing Short	500,000	2.8783 GBP
10 10/11p ordinary	SWAP	Increasing Short	69	2.9076 GBP
10 10/11p ordinary	SWAP	Increasing Short	12,558	2.9081 GBP
10 10/11p ordinary	SWAP	Increasing Short	17,504	2.9111 GBP
10 10/11p ordinary	SWAP	Increasing Short	22,404	2.9124 GBP
10 10/11p ordinary	SWAP	Increasing Short	4,462	2.9161 GBP
10 10/11p ordinary	SWAP	Increasing Short	40,728	2.9166 GBP
10 10/11p ordinary	SWAP	Increasing Short	6,291	2.9177 GBP
10 10/11p ordinary	SWAP	Increasing Short	96,072	2.9199 GBP
10 10/11p ordinary	SWAP	Increasing Short	16,285	2.9202 GBP
10 10/11p ordinary	SWAP	Increasing Short	107,506	2.9218 GBP
10 10/11p ordinary	SWAP	Increasing Short	1,015	2.9230 GBP
10 10/11p ordinary	SWAP	Increasing Short	179,122	2.9240 GBP
10 10/11p ordinary	SWAP	Increasing Short	19,508	2.9246 GBP
10 10/11p ordinary	SWAP	Increasing Short	4,373	2.9251 GBP
10 10/11p ordinary	SWAP	Increasing Short	10,042	2.9263 GBP
10 10/11p ordinary	SWAP	Increasing Short	16,063	2.9279 GBP
10 10/11p ordinary	SWAP	Increasing Short	17,337	2.9294 GBP
10 10/11p ordinary	SWAP	Increasing Short	972	2.9301 GBP
10 10/11p ordinary	CFD	Decreasing Short	12,366	2.8827 GBP
10 10/11p ordinary	CFD	Decreasing Short	1,054	2.9110 GBP
10 10/11p ordinary	CFD	Increasing Short	67,036	2.9302 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:				16 May 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