Form 8.3 DIRECT LINE INSURANCE GROUP PLC

18 March 2025, 13:28

Source - LSE Regulatory

RNS Number : 1602B

Barclays PLC

18 March 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:			17 Mar 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:				34,441,228	2.63%	10,729,551	0.81%
(2) Cash-settled derivatives:				10,360,433	0.79%	33,778,923	2.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,801,661	3.42%	44,508,474	3.39%
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	342,243	2.8380 GBP
10 10/11p ordinary	Purchase	115,239	2.8249 GBP
10 10/11p ordinary	Purchase	89,220	2.8258 GBP
10 10/11p ordinary	Purchase	75,383	2.8276 GBP
10 10/11p ordinary	Purchase	61,925	2.8275 GBP
10 10/11p ordinary	Purchase	31,423	2.8269 GBP
10 10/11p ordinary	Purchase	22,114	2.8072 GBP
10 10/11p ordinary	Purchase	11,554	2.8246 GBP
10 10/11p ordinary	Purchase	9,346	2.8176 GBP
10 10/11p ordinary	Purchase	8,073	2.8261 GBP
10 10/11p ordinary	Purchase	5,114	2.8379 GBP
10 10/11p ordinary	Purchase	2,184	2.8095 GBP
10 10/11p ordinary	Purchase	1,578	2.8140 GBP
10 10/11p ordinary	Purchase	446	2.8160 GBP
10 10/11p ordinary	Purchase	100	2.8260 GBP
10 10/11p ordinary	Sale	246,860	2.8324 GBP
10 10/11p ordinary	Sale	143,513	2.8279 GBP
10 10/11p ordinary	Sale	37,018	2.8284 GBP
10 10/11p ordinary	Sale	33,506	2.8379 GBP
10 10/11p ordinary	Sale	30,640	2.8240 GBP
10 10/11p ordinary	Sale	14,531	2.8182 GBP
10 10/11p ordinary	Sale	13,806	2.8020 GBP
10 10/11p ordinary	Sale	11,941	2.8222 GBP
10 10/11p ordinary	Sale	11,539	2.8235 GBP
10 10/11p ordinary	Sale	8,387	2.8040 GBP
10 10/11p ordinary	Sale	7,212	2.8297 GBP
10 10/11p ordinary	Sale	3,600	2.8251 GBP
10 10/11p ordinary	Sale	2,293	2.8327 GBP
10 10/11p ordinary	Sale	2,286	2.8118 GBP
10 10/11p ordinary	Sale	2,024	2.8145 GBP
10 10/11p ordinary	Sale	1,578	2.8140 GBP
10 10/11p ordinary	Sale	1,446	2.8323 GBP
10 10/11p ordinary	Sale	617	2.8277 GBP
10 10/11p ordinary	Sale	446	2.8160 GBP
10 10/11p ordinary	Sale	331	2.8095 GBP
10 10/11p ordinary	Sale	118	2.8380 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	13,806	2.8020 GBP
10 10/11p ordinary	SWAP	Decreasing Short	331	2.8095 GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,941	2.8222 GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,539	2.8235 GBP
10 10/11p ordinary	SWAP	Decreasing Short	30,640	2.8240 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,600	2.8251 GBP
10 10/11p ordinary	SWAP	Decreasing Short	127,473	2.8271 GBP
10 10/11p ordinary	SWAP	Decreasing Short	617	2.8277 GBP
10 10/11p ordinary	SWAP	Decreasing Short	143,513	2.8279 GBP
10 10/11p ordinary	SWAP	Decreasing Short	37,018	2.8284 GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,212	2.8297 GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,446	2.8323 GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,293	2.8327 GBP
10 10/11p ordinary	SWAP	Decreasing Short	33,506	2.8379 GBP
10 10/11p ordinary	SWAP	Decreasing Short	57,637	2.8380 GBP
10 10/11p ordinary	SWAP	Increasing Short	18	2.8080 GBP
10 10/11p ordinary	SWAP	Increasing Short	2,184	2.8095 GBP
10 10/11p ordinary	SWAP	Increasing Short	20,158	2.8222 GBP
10 10/11p ordinary	SWAP	Increasing Short	115,239	2.8249 GBP
10 10/11p ordinary	SWAP	Increasing Short	47,917	2.8255 GBP
10 10/11p ordinary	SWAP	Increasing Short	100	2.8260 GBP
10 10/11p ordinary	SWAP	Increasing Short	51,196	2.8262 GBP
10 10/11p ordinary	SWAP	Increasing Short	61,925	2.8275 GBP
10 10/11p ordinary	SWAP	Increasing Short	34,125	2.8313 GBP
10 10/11p ordinary	SWAP	Increasing Short	278,914	2.8380 GBP
10 10/11p ordinary	SWAP	Increasing Short	53,088	2.8381 GBP
10 10/11p ordinary	CFD	Decreasing Short	61,750	2.8377 GBP
10 10/11p ordinary	CFD	Increasing Short	2,539	2.8167 GBP
10 10/11p ordinary	CFD	Increasing Short	69,046	2.8259 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:				18 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

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