Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

09 January 2025, 13:20

Source - LSE Regulatory

RNS Number : 7942S

Barclays PLC

09 January 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:			08 Jan 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:				9,432,856	0.72%	11,824,374	0.90%
(2) Cash-settled derivatives:				12,558,938	0.96%	9,268,134	0.71%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,991,794	1.68%	21,092,508	1.61%

Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				200,000	0.06%	0	0.00%
(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:				200,000	0.06%	0	0.00%

(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	1,500,000	2.5956 GBP
10 10/11p ordinary	Purchase	260,484	2.5679 GBP
10 10/11p ordinary	Purchase	228,492	2.5640 GBP
10 10/11p ordinary	Purchase	214,298	2.5694 GBP
10 10/11p ordinary	Purchase	154,732	2.5644 GBP
10 10/11p ordinary	Purchase	98,758	2.5670 GBP
10 10/11p ordinary	Purchase	90,227	2.5971 GBP
10 10/11p ordinary	Purchase	85,722	2.5753 GBP
10 10/11p ordinary	Purchase	81,231	2.5850 GBP
10 10/11p ordinary	Purchase	69,694	2.5975 GBP
10 10/11p ordinary	Purchase	57,711	2.5650 GBP
10 10/11p ordinary	Purchase	57,103	2.6000 GBP
10 10/11p ordinary	Purchase	53,224	2.5707 GBP
10 10/11p ordinary	Purchase	46,415	2.5598 GBP
10 10/11p ordinary	Purchase	42,590	2.5573 GBP
10 10/11p ordinary	Purchase	38,147	2.5744 GBP
10 10/11p ordinary	Purchase	33,047	2.5653 GBP
10 10/11p ordinary	Purchase	31,535	2.5654 GBP
10 10/11p ordinary	Purchase	27,382	2.5809 GBP
10 10/11p ordinary	Purchase	25,949	2.5831 GBP
10 10/11p ordinary	Purchase	21,225	2.5615 GBP
10 10/11p ordinary	Purchase	20,001	2.5691 GBP
10 10/11p ordinary	Purchase	16,906	2.5774 GBP
10 10/11p ordinary	Purchase	16,410	2.5804 GBP
10 10/11p ordinary	Purchase	13,296	2.5665 GBP
10 10/11p ordinary	Purchase	13,025	2.5549 GBP
10 10/11p ordinary	Purchase	12,553	2.5937 GBP
10 10/11p ordinary	Purchase	10,121	2.5596 GBP
10 10/11p ordinary	Purchase	8,865	2.5718 GBP
10 10/11p ordinary	Purchase	7,770	2.5802 GBP
10 10/11p ordinary	Purchase	7,747	2.5931 GBP
10 10/11p ordinary	Purchase	6,038	2.5929 GBP
10 10/11p ordinary	Purchase	5,165	2.5660 GBP
10 10/11p ordinary	Purchase	3,250	2.5777 GBP
10 10/11p ordinary	Purchase	2,956	2.5700 GBP
10 10/11p ordinary	Purchase	2,884	2.5980 GBP
10 10/11p ordinary	Purchase	2,414	2.5964 GBP
10 10/11p ordinary	Purchase	2,323	2.5900 GBP
10 10/11p ordinary	Purchase	2,008	2.5960 GBP
10 10/11p ordinary	Purchase	1,994	2.5798 GBP
10 10/11p ordinary	Purchase	1,657	2.5930 GBP
10 10/11p ordinary	Purchase	1,450	2.5923 GBP
10 10/11p ordinary	Purchase	1,215	2.5920 GBP
10 10/11p ordinary	Purchase	1,206	2.5990 GBP
10 10/11p ordinary	Purchase	292	2.5580 GBP
10 10/11p ordinary	Purchase	224	2.5480 GBP
10 10/11p ordinary	Purchase	199	2.5560 GBP
10 10/11p ordinary	Purchase	150	2.5520 GBP
10 10/11p ordinary	Purchase	94	2.5817 GBP
10 10/11p ordinary	Sale	287,400	2.5651 GBP
10 10/11p ordinary	Sale	203,600	2.5977 GBP
10 10/11p ordinary	Sale	191,380	2.5708 GBP
10 10/11p ordinary	Sale	147,043	2.5617 GBP
10 10/11p ordinary	Sale	112,555	2.5560 GBP
10 10/11p ordinary	Sale	82,926	2.5695 GBP
10 10/11p ordinary	Sale	81,357	2.5639 GBP
10 10/11p ordinary	Sale	57,103	2.6000 GBP
10 10/11p ordinary	Sale	56,046	2.5584 GBP
10 10/11p ordinary	Sale	52,119	2.5600 GBP
10 10/11p ordinary	Sale	35,262	2.5930 GBP
10 10/11p ordinary	Sale	13,600	2.5907 GBP
10 10/11p ordinary	Sale	10,121	2.5596 GBP
10 10/11p ordinary	Sale	5,165	2.5660 GBP
10 10/11p ordinary	Sale	4,846	2.5903 GBP
10 10/11p ordinary	Sale	4,735	2.5761 GBP
10 10/11p ordinary	Sale	2,744	2.5506 GBP
10 10/11p ordinary	Sale	2,449	2.5851 GBP
10 10/11p ordinary	Sale	2,387	2.5640 GBP
10 10/11p ordinary	Sale	1,815	2.5980 GBP
10 10/11p ordinary	Sale	1,240	2.5940 GBP
10 10/11p ordinary	Sale	816	2.5540 GBP
10 10/11p ordinary	Sale	688	2.5960 GBP
10 10/11p ordinary	Sale	619	2.5642 GBP
10 10/11p ordinary	Sale	358	2.5671 GBP
10 10/11p ordinary	Sale	292	2.5580 GBP
10 10/11p ordinary	Sale	224	2.5480 GBP
10 10/11p ordinary	Sale	186	2.5630 GBP
10 10/11p ordinary	Sale	150	2.5520 GBP
10 10/11p ordinary	Sale	15	2.5593 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 Long	2,744	2.5506 GBP
10 10/11p ordinary	SWAP	Increasing Long	816	2.5540 GBP
10 10/11p ordinary	SWAP	Increasing Long	112,356	2.5560 GBP
10 10/11p ordinary	SWAP	Increasing Long	112,720	2.5561 GBP
10 10/11p ordinary	SWAP	Increasing Long	56,046	2.5584 GBP
10 10/11p ordinary	SWAP	Increasing Long	52,119	2.5600 GBP
10 10/11p ordinary	SWAP	Increasing Long	18,764	2.5613 GBP
10 10/11p ordinary	SWAP	Increasing Long	61,536	2.5619 GBP
10 10/11p ordinary	SWAP	Increasing Long	3,045	2.5638 GBP
10 10/11p ordinary	SWAP	Increasing Long	81,357	2.5639 GBP
10 10/11p ordinary	SWAP	Increasing Long	21,038	2.5640 GBP
10 10/11p ordinary	SWAP	Increasing Long	358	2.5670 GBP
10 10/11p ordinary	SWAP	Increasing Long	73,436	2.5676 GBP
10 10/11p ordinary	SWAP	Increasing Long	191,380	2.5708 GBP
10 10/11p ordinary	SWAP	Increasing Long	14,604	2.5768 GBP
10 10/11p ordinary	SWAP	Increasing Long	21,176	2.5799 GBP
10 10/11p ordinary	SWAP	Increasing Long	17,341	2.5896 GBP
10 10/11p ordinary	SWAP	Increasing Long	3,400	2.5903 GBP
10 10/11p ordinary	SWAP	Increasing Long	13,600	2.5907 GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,254	2.5571 GBP
10 10/11p ordinary	SWAP	Decreasing Long	44,496	2.5573 GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,555	2.5574 GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,783	2.5575 GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,847	2.5589 GBP
10 10/11p ordinary	SWAP	Decreasing Long	606	2.5617 GBP
10 10/11p ordinary	SWAP	Decreasing Long	23,977	2.5624 GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,768	2.5625 GBP
10 10/11p ordinary	SWAP	Decreasing Long	17	2.5629 GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,542	2.5633 GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,960	2.5638 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,737	2.5639 GBP
10 10/11p ordinary	SWAP	Decreasing Long	126,198	2.5640 GBP
10 10/11p ordinary	SWAP	Decreasing Long	966	2.5642 GBP
10 10/11p ordinary	SWAP	Decreasing Long	30,718	2.5648 GBP
10 10/11p ordinary	SWAP	Decreasing Long	406	2.5649 GBP
10 10/11p ordinary	SWAP	Decreasing Long	76,109	2.5650 GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,607	2.5652 GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,444	2.5654 GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,091	2.5656 GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,732	2.5666 GBP
10 10/11p ordinary	SWAP	Decreasing Long	58,371	2.5670 GBP
10 10/11p ordinary	SWAP	Decreasing Long	40,026	2.5671 GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,481	2.5675 GBP
10 10/11p ordinary	SWAP	Decreasing Long	49,217	2.5683 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,045	2.5691 GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,373	2.5693 GBP
10 10/11p ordinary	SWAP	Decreasing Long	214,298	2.5694 GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,956	2.5700 GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,224	2.5707 GBP
10 10/11p ordinary	SWAP	Decreasing Long	266,797	2.5710 GBP
10 10/11p ordinary	SWAP	Decreasing Long	89,550	2.5714 GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,389	2.5732 GBP
10 10/11p ordinary	SWAP	Decreasing Long	561	2.5745 GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,913	2.5749 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,058	2.5770 GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,609	2.5771 GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,892	2.5814 GBP
10 10/11p ordinary	SWAP	Decreasing Long	94	2.5816 GBP
10 10/11p ordinary	SWAP	Decreasing Long	25,463	2.5820 GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,889	2.5823 GBP
10 10/11p ordinary	SWAP	Decreasing Long	880	2.5849 GBP
10 10/11p ordinary	SWAP	Decreasing Long	165	2.5854 GBP
10 10/11p ordinary	SWAP	Decreasing Long	824	2.5871 GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,244	2.5890 GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,088	2.5920 GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,038	2.5929 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,657	2.5930 GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,747	2.5931 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,500,000	2.5956 GBP
10 10/11p ordinary	CFD	Decreasing Short	941	2.5830 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:				09 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

RETFLFLVLDIAIIE

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