Form 8.3 - Direct Line Insurance Group plc

28 January 2025, 13:23

Source - LSE Regulatory

RNS Number : 9951U

Barclays PLC

28 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:			27 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:				13,506,939	1.03%	12,140,306	0.93%
(2) Cash-settled derivatives:				12,945,663	0.99%	13,515,207	1.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				26,452,602	2.02%	25,655,513	1.96%
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	165,198	2.6589 GBP
10 10/11p ordinary	Purchase	129,831	2.6591 GBP
10 10/11p ordinary	Purchase	53,492	2.6650 GBP
10 10/11p ordinary	Purchase	48,100	2.6606 GBP
10 10/11p ordinary	Purchase	34,182	2.6663 GBP
10 10/11p ordinary	Purchase	31,850	2.6653 GBP
10 10/11p ordinary	Purchase	22,602	2.6604 GBP
10 10/11p ordinary	Purchase	15,675	2.6682 GBP
10 10/11p ordinary	Purchase	14,375	2.6720 GBP
10 10/11p ordinary	Purchase	11,347	2.6635 GBP
10 10/11p ordinary	Purchase	11,124	2.6651 GBP
10 10/11p ordinary	Purchase	8,630	2.6580 GBP
10 10/11p ordinary	Purchase	8,540	2.6612 GBP
10 10/11p ordinary	Purchase	6,493	2.6610 GBP
10 10/11p ordinary	Purchase	5,895	2.6665 GBP
10 10/11p ordinary	Purchase	5,428	2.6630 GBP
10 10/11p ordinary	Purchase	5,287	2.6655 GBP
10 10/11p ordinary	Purchase	4,719	2.6634 GBP
10 10/11p ordinary	Purchase	4,515	2.6620 GBP
10 10/11p ordinary	Purchase	3,936	2.6631 GBP
10 10/11p ordinary	Purchase	3,745	2.6626 GBP
10 10/11p ordinary	Purchase	3,256	2.6611 GBP
10 10/11p ordinary	Purchase	2,621	2.6647 GBP
10 10/11p ordinary	Purchase	1,478	2.6660 GBP
10 10/11p ordinary	Sale	160,898	2.6639 GBP
10 10/11p ordinary	Sale	123,302	2.6578 GBP
10 10/11p ordinary	Sale	90,692	2.6580 GBP
10 10/11p ordinary	Sale	62,936	2.6658 GBP
10 10/11p ordinary	Sale	29,295	2.6627 GBP
10 10/11p ordinary	Sale	23,362	2.6601 GBP
10 10/11p ordinary	Sale	14,375	2.6720 GBP
10 10/11p ordinary	Sale	7,525	2.6640 GBP
10 10/11p ordinary	Sale	6,033	2.6648 GBP
10 10/11p ordinary	Sale	5,965	2.6645 GBP
10 10/11p ordinary	Sale	4,350	2.6638 GBP
10 10/11p ordinary	Sale	3,449	2.6665 GBP
10 10/11p ordinary	Sale	2,862	2.6628 GBP
10 10/11p ordinary	Sale	1,180	2.6652 GBP
10 10/11p ordinary	Sale	772	2.6579 GBP
10 10/11p ordinary	Sale	725	2.6643 GBP
10 10/11p ordinary	Sale	676	2.6616 GBP
10 10/11p ordinary	Sale	278	2.6619 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	32,836	2.6619 GBP
10 10/11p ordinary	SWAP	Increasing Long	135,293	2.6578 GBP
10 10/11p ordinary	SWAP	Increasing Long	772	2.6579 GBP
10 10/11p ordinary	SWAP	Increasing Long	82,029	2.6580 GBP
10 10/11p ordinary	SWAP	Increasing Long	965	2.6596 GBP
10 10/11p ordinary	SWAP	Increasing Long	205	2.6611 GBP
10 10/11p ordinary	SWAP	Increasing Long	57,960	2.6616 GBP
10 10/11p ordinary	SWAP	Increasing Long	278	2.6619 GBP
10 10/11p ordinary	SWAP	Increasing Long	29,295	2.6627 GBP
10 10/11p ordinary	SWAP	Increasing Long	10,081	2.6634 GBP
10 10/11p ordinary	SWAP	Increasing Long	4,350	2.6638 GBP
10 10/11p ordinary	SWAP	Increasing Long	10,704	2.6648 GBP
10 10/11p ordinary	SWAP	Increasing Long	102,938	2.6652 GBP
10 10/11p ordinary	SWAP	Increasing Long	57,011	2.6660 GBP
10 10/11p ordinary	SWAP	Increasing Long	3,449	2.6665 GBP
10 10/11p ordinary	SWAP	Decreasing Long	17,175	2.6579 GBP
10 10/11p ordinary	SWAP	Decreasing Long	126,798	2.6580 GBP
10 10/11p ordinary	SWAP	Decreasing Long	49,712	2.6581 GBP
10 10/11p ordinary	SWAP	Decreasing Long	106,621	2.6602 GBP
10 10/11p ordinary	SWAP	Decreasing Long	48,100	2.6606 GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,256	2.6611 GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,936	2.6631 GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,347	2.6635 GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,083	2.6644 GBP
10 10/11p ordinary	SWAP	Decreasing Long	22,924	2.6647 GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,492	2.6650 GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,182	2.6663 GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,545	2.6665 GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,665	2.6669 GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,938	2.6692 GBP
10 10/11p ordinary	CFD	Increasing Short	3,000	2.6441 GBP
10 10/11p ordinary	CFD	Increasing Short	22,994	2.6692 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:				28 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

RETFLFFVLFITFIE

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