Form 8.3 -DIRECT LINE INSURANCE GROUP PLC

25 March 2025, 15:03

Source - LSE Regulatory

RNS Number : 1128C

Barclays PLC

25 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:			24 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:				35,114,828	2.68%	8,098,451	0.61%
(2) Cash-settled derivatives:				8,440,408	0.64%	33,982,449	2.59%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,555,236	3.32%	42,080,900	3.20%

Class of relevant security:				Convertible Bond 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	335,175	2.8300 GBP
10 10/11p ordinary	Purchase	157,600	2.8308 GBP
10 10/11p ordinary	Purchase	107,095	2.8355 GBP
10 10/11p ordinary	Purchase	43,896	2.8326 GBP
10 10/11p ordinary	Purchase	37,255	2.8360 GBP
10 10/11p ordinary	Purchase	23,402	2.8372 GBP
10 10/11p ordinary	Purchase	17,772	2.8299 GBP
10 10/11p ordinary	Purchase	14,255	2.8340 GBP
10 10/11p ordinary	Purchase	12,670	2.8347 GBP
10 10/11p ordinary	Purchase	7,346	2.8338 GBP
10 10/11p ordinary	Purchase	6,804	2.8320 GBP
10 10/11p ordinary	Purchase	4,777	2.8330 GBP
10 10/11p ordinary	Purchase	4,675	2.8337 GBP
10 10/11p ordinary	Purchase	4,378	2.8251 GBP
10 10/11p ordinary	Purchase	4,271	2.8350 GBP
10 10/11p ordinary	Purchase	3,500	2.8335 GBP
10 10/11p ordinary	Purchase	3,281	2.8321 GBP
10 10/11p ordinary	Purchase	2,257	2.8319 GBP
10 10/11p ordinary	Purchase	1,244	2.8400 GBP
10 10/11p ordinary	Purchase	1,176	2.8354 GBP
10 10/11p ordinary	Purchase	1,155	2.8380 GBP
10 10/11p ordinary	Purchase	1,046	2.8280 GBP
10 10/11p ordinary	Purchase	573	2.8220 GBP
10 10/11p ordinary	Sale	72,920	2.8295 GBP
10 10/11p ordinary	Sale	67,484	2.8308 GBP
10 10/11p ordinary	Sale	53,021	2.8300 GBP
10 10/11p ordinary	Sale	52,921	2.8354 GBP
10 10/11p ordinary	Sale	30,948	2.8238 GBP
10 10/11p ordinary	Sale	29,092	2.8323 GBP
10 10/11p ordinary	Sale	26,285	2.8343 GBP
10 10/11p ordinary	Sale	24,415	2.8327 GBP
10 10/11p ordinary	Sale	16,590	2.8316 GBP
10 10/11p ordinary	Sale	14,565	2.8285 GBP
10 10/11p ordinary	Sale	11,652	2.8345 GBP
10 10/11p ordinary	Sale	10,733	2.8366 GBP
10 10/11p ordinary	Sale	8,506	2.8332 GBP
10 10/11p ordinary	Sale	3,417	2.8340 GBP
10 10/11p ordinary	Sale	3,060	2.8344 GBP
10 10/11p ordinary	Sale	3,050	2.8320 GBP
10 10/11p ordinary	Sale	2,595	2.8360 GBP
10 10/11p ordinary	Sale	1,822	2.8299 GBP
10 10/11p ordinary	Sale	1,649	2.8330 GBP
10 10/11p ordinary	Sale	1,413	2.8280 GBP
10 10/11p ordinary	Sale	1,047	2.8379 GBP
10 10/11p ordinary	Sale	955	2.8380 GBP
10 10/11p ordinary	Sale	573	2.8220 GBP
10 10/11p ordinary	Sale	334	2.8370 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	30,948	2.8238 GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,721	2.8270 GBP
10 10/11p ordinary	SWAP	Decreasing Short	14,565	2.8285 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,138	2.8288 GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,021	2.8299 GBP
10 10/11p ordinary	SWAP	Decreasing Short	21,904	2.8323 GBP
10 10/11p ordinary	SWAP	Decreasing Short	55,899	2.8324 GBP
10 10/11p ordinary	SWAP	Decreasing Short	35	2.8335 GBP
10 10/11p ordinary	SWAP	Decreasing Short	50,700	2.8336 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,175	2.8340 GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,060	2.8344 GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,652	2.8345 GBP
10 10/11p ordinary	SWAP	Decreasing Short	37,200	2.8390 GBP
10 10/11p ordinary	SWAP	Decreasing Short	239	2.8399 GBP
10 10/11p ordinary	SWAP	Increasing Short	4,378	2.8251 GBP
10 10/11p ordinary	SWAP	Increasing Short	383,507	2.8300 GBP
10 10/11p ordinary	SWAP	Increasing Short	3,281	2.8321 GBP
10 10/11p ordinary	SWAP	Increasing Short	4,777	2.8330 GBP
10 10/11p ordinary	SWAP	Increasing Short	1,850	2.8340 GBP
10 10/11p ordinary	SWAP	Increasing Short	19,873	2.8345 GBP
10 10/11p ordinary	SWAP	Increasing Short	12,670	2.8347 GBP
10 10/11p ordinary	SWAP	Increasing Short	1,176	2.8354 GBP
10 10/11p ordinary	SWAP	Increasing Short	107,095	2.8355 GBP
10 10/11p ordinary	SWAP	Increasing Short	24,327	2.8358 GBP
10 10/11p ordinary	SWAP	Increasing Short	36,508	2.8360 GBP
10 10/11p ordinary	SWAP	Increasing Short	200	2.8380 GBP
10 10/11p ordinary	CFD	Decreasing Short	5,886	2.8058 GBP
10 10/11p ordinary	CFD	Increasing Short	9,442	2.8318 GBP
10 10/11p ordinary	CFD	Increasing Short	12,420	2.8384 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:				25 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

RETSEEFIIEISESD

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