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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Published: 27/06/2025, 14:46

RNS Number : 8137O

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

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END

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Market data

Form 8.3 DIRECT LINE INSURANCE GROUP PLC