Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

02 December 2024

 

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:				29 Nov 2024
(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:			21,398,526	1.63%	11,569,106	0.88%
(2)	Cash-settled derivatives:
	and/or controlled:			12,456,858	0.95%	18,085,256	1.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			33,855,384	2.58%	29,654,362	2.26%
(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		1,545,068		2.3480  GBP
10 10/11p ordinary		Purchase		417,057		2.3016  GBP
10 10/11p ordinary		Purchase		387,200		2.3074  GBP
10 10/11p ordinary		Purchase		323,121		2.3098  GBP
10 10/11p ordinary		Purchase		173,826		2.2900  GBP
10 10/11p ordinary		Purchase		156,500		2.3345  GBP
10 10/11p ordinary		Purchase		130,675		2.2961  GBP
10 10/11p ordinary		Purchase		120,526		2.3104  GBP
10 10/11p ordinary		Purchase		111,807		2.3145  GBP
ADR		Purchase		45,296		11.7473  USD
10 10/11p ordinary		Purchase		39,940		2.2927  GBP
10 10/11p ordinary		Purchase		37,730		2.3299  GBP
10 10/11p ordinary		Purchase		28,915		2.3165  GBP
10 10/11p ordinary		Purchase		21,160		2.3002  GBP
10 10/11p ordinary		Purchase		20,402		2.3084  GBP
10 10/11p ordinary		Purchase		17,687		2.2790  GBP
10 10/11p ordinary		Purchase		14,750		2.3075  GBP
10 10/11p ordinary		Purchase		13,162		2.2950  GBP
10 10/11p ordinary		Purchase		13,100		2.3334  GBP
10 10/11p ordinary		Purchase		13,043		2.2899  GBP
10 10/11p ordinary		Purchase		12,784		2.2953  GBP
10 10/11p ordinary		Purchase		11,588		2.3360  GBP
10 10/11p ordinary		Purchase		11,336		2.3061  GBP
10 10/11p ordinary		Purchase		10,602		2.3348  GBP
10 10/11p ordinary		Purchase		9,395		2.2860  GBP
10 10/11p ordinary		Purchase		8,939		2.3278  GBP
10 10/11p ordinary		Purchase		7,407		2.3017  GBP
10 10/11p ordinary		Purchase		7,272		2.3159  GBP
10 10/11p ordinary		Purchase		7,264		2.2700  GBP
10 10/11p ordinary		Purchase		6,035		2.2720  GBP
10 10/11p ordinary		Purchase		5,259		2.3114  GBP
10 10/11p ordinary		Purchase		5,174		2.3223  GBP
10 10/11p ordinary		Purchase		4,803		2.3440  GBP
10 10/11p ordinary		Purchase		4,512		2.2980  GBP
10 10/11p ordinary		Purchase		3,808		2.3149  GBP
10 10/11p ordinary		Purchase		3,262		2.3460  GBP
10 10/11p ordinary		Purchase		3,250		2.2760  GBP
10 10/11p ordinary		Purchase		3,034		2.3128  GBP
10 10/11p ordinary		Purchase		2,759		2.3140  GBP
10 10/11p ordinary		Purchase		2,525		2.3095  GBP
10 10/11p ordinary		Purchase		2,459		2.2788  GBP
10 10/11p ordinary		Purchase		2,309		2.3291  GBP
10 10/11p ordinary		Purchase		2,073		2.3417  GBP
10 10/11p ordinary		Purchase		1,976		2.3000  GBP
10 10/11p ordinary		Purchase		1,600		2.3162  GBP
10 10/11p ordinary		Purchase		1,526		2.2740  GBP
10 10/11p ordinary		Purchase		1,500		2.3500  GBP
10 10/11p ordinary		Purchase		1,446		2.3080  GBP
10 10/11p ordinary		Purchase		1,368		2.3077  GBP
10 10/11p ordinary		Purchase		1,334		2.3240  GBP
10 10/11p ordinary		Purchase		1,277		2.3292  GBP
10 10/11p ordinary		Purchase		1,048		2.3037  GBP
10 10/11p ordinary		Purchase		1,010		2.3450  GBP
10 10/11p ordinary		Purchase		793		2.2765  GBP
10 10/11p ordinary		Purchase		434		2.3193  GBP
ADR		Purchase		400		11.7400  USD
10 10/11p ordinary		Purchase		387		2.2889  GBP
10 10/11p ordinary		Purchase		315		2.2660  GBP
10 10/11p ordinary		Purchase		153		2.2680  GBP
10 10/11p ordinary		Sale		1,465,942		2.3438  GBP
10 10/11p ordinary		Sale		391,019		2.3162  GBP
10 10/11p ordinary		Sale		263,810		2.3080  GBP
10 10/11p ordinary		Sale		260,252		2.3000  GBP
10 10/11p ordinary		Sale		231,709		2.3015  GBP
10 10/11p ordinary		Sale		184,924		2.3110  GBP
10 10/11p ordinary		Sale		180,320		2.3120  GBP
10 10/11p ordinary		Sale		175,136		2.2901  GBP
10 10/11p ordinary		Sale		163,038		2.2948  GBP
10 10/11p ordinary		Sale		131,563		2.3094  GBP
10 10/11p ordinary		Sale		125,912		2.3023  GBP
10 10/11p ordinary		Sale		111,324		2.3223  GBP
10 10/11p ordinary		Sale		104,068		2.2890  GBP
10 10/11p ordinary		Sale		91,065		2.2824  GBP
10 10/11p ordinary		Sale		82,825		2.3076  GBP
10 10/11p ordinary		Sale		76,203		2.3417  GBP
10 10/11p ordinary		Sale		54,915		2.3297  GBP
ADR		Sale		45,296		11.7473  USD
10 10/11p ordinary		Sale		39,185		2.3097  GBP
10 10/11p ordinary		Sale		37,103		2.3053  GBP
10 10/11p ordinary		Sale		37,028		2.3069  GBP
10 10/11p ordinary		Sale		34,832		2.3304  GBP
10 10/11p ordinary		Sale		29,649		2.2872  GBP
10 10/11p ordinary		Sale		29,182		2.3371  GBP
10 10/11p ordinary		Sale		29,031		2.2800  GBP
10 10/11p ordinary		Sale		28,517		2.2821  GBP
10 10/11p ordinary		Sale		25,929		2.3479  GBP
10 10/11p ordinary		Sale		24,866		2.3122  GBP
10 10/11p ordinary		Sale		17,929		2.3192  GBP
10 10/11p ordinary		Sale		17,069		2.3440  GBP
10 10/11p ordinary		Sale		16,656		2.3187  GBP
10 10/11p ordinary		Sale		14,773		2.3077  GBP
10 10/11p ordinary		Sale		14,700		2.2966  GBP
10 10/11p ordinary		Sale		14,484		2.2988  GBP
10 10/11p ordinary		Sale		13,924		2.2928  GBP
10 10/11p ordinary		Sale		12,609		2.2761  GBP
10 10/11p ordinary		Sale		9,395		2.2860  GBP
10 10/11p ordinary		Sale		9,307		2.3087  GBP
10 10/11p ordinary		Sale		8,754		2.2700  GBP
10 10/11p ordinary		Sale		8,232		2.3137  GBP
10 10/11p ordinary		Sale		7,933		2.3062  GBP
10 10/11p ordinary		Sale		7,402		2.3059  GBP
10 10/11p ordinary		Sale		6,544		2.3219  GBP
10 10/11p ordinary		Sale		6,035		2.2720  GBP
10 10/11p ordinary		Sale		4,512		2.2980  GBP
10 10/11p ordinary		Sale		3,250		2.2760  GBP
10 10/11p ordinary		Sale		2,759		2.3140  GBP
10 10/11p ordinary		Sale		1,844		2.3040  GBP
10 10/11p ordinary		Sale		1,725		2.2709  GBP
10 10/11p ordinary		Sale		1,526		2.2740  GBP
10 10/11p ordinary		Sale		1,359		2.3480  GBP
10 10/11p ordinary		Sale		1,334		2.3240  GBP
10 10/11p ordinary		Sale		1,242		2.3460  GBP
10 10/11p ordinary		Sale		1,000		2.3247  GBP
10 10/11p ordinary		Sale		913		2.3291  GBP
ADR		Sale		400		11.7400  USD
10 10/11p ordinary		Sale		399		2.2759  GBP
10 10/11p ordinary		Sale		315		2.2660  GBP
10 10/11p ordinary		Sale		153		2.2680  GBP
10 10/11p ordinary		Sale		115		2.3320  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		1,725	2.2709  GBP
10 10/11p ordinary		SWAP		Decreasing Short		23,256	2.2759  GBP
10 10/11p ordinary		SWAP		Decreasing Short		12,609	2.2761  GBP
10 10/11p ordinary		SWAP		Decreasing Short		24,918	2.2807  GBP
10 10/11p ordinary		SWAP		Decreasing Short		104,068	2.2890  GBP
10 10/11p ordinary		SWAP		Decreasing Short		9,200	2.2902  GBP
10 10/11p ordinary		SWAP		Decreasing Short		34,160	2.2927  GBP
10 10/11p ordinary		SWAP		Decreasing Short		68,204	2.2984  GBP
10 10/11p ordinary		SWAP		Decreasing Short		231,709	2.3015  GBP
10 10/11p ordinary		SWAP		Decreasing Short		142,089	2.3016  GBP
10 10/11p ordinary		SWAP		Decreasing Short		125,912	2.3023  GBP
10 10/11p ordinary		SWAP		Decreasing Short		37,970	2.3041  GBP
10 10/11p ordinary		SWAP		Decreasing Short		42,297	2.3050  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,933	2.3062  GBP
10 10/11p ordinary		SWAP		Decreasing Short		5,660	2.3075  GBP
10 10/11p ordinary		SWAP		Decreasing Short		39,185	2.3097  GBP
10 10/11p ordinary		SWAP		Decreasing Short		24,866	2.3122  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,656	2.3187  GBP
10 10/11p ordinary		SWAP		Decreasing Short		181,109	2.3236  GBP
10 10/11p ordinary		SWAP		Decreasing Short		102,124	2.3252  GBP
10 10/11p ordinary		SWAP		Decreasing Short		112,505	2.3261  GBP
10 10/11p ordinary		SWAP		Decreasing Short		913	2.3291  GBP
10 10/11p ordinary		SWAP		Decreasing Short		32,270	2.3299  GBP
10 10/11p ordinary		SWAP		Decreasing Short		63	2.3319  GBP
10 10/11p ordinary		SWAP		Decreasing Short		29,182	2.3371  GBP
10 10/11p ordinary		SWAP		Decreasing Short		76,203	2.3417  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,033	2.3440  GBP
10 10/11p ordinary		SWAP		Decreasing Short		17,901	2.3458  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,876	2.3478  GBP
10 10/11p ordinary		SWAP		Decreasing Short		25,929	2.3479  GBP
10 10/11p ordinary		SWAP		Decreasing Short		884,761	2.3480  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,081	2.2758  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,985	2.2760  GBP
10 10/11p ordinary		SWAP		Increasing Short		793	2.2765  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,459	2.2788  GBP
10 10/11p ordinary		SWAP		Increasing Short		1	2.2860  GBP
10 10/11p ordinary		SWAP		Increasing Short		120,286	2.2970  GBP
10 10/11p ordinary		SWAP		Increasing Short		31,000	2.3019  GBP
10 10/11p ordinary		SWAP		Increasing Short		25,793	2.3060  GBP
10 10/11p ordinary		SWAP		Increasing Short		20,402	2.3084  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,525	2.3095  GBP
10 10/11p ordinary		SWAP		Increasing Short		5,259	2.3114  GBP
10 10/11p ordinary		SWAP		Increasing Short		94,733	2.3116  GBP
10 10/11p ordinary		SWAP		Increasing Short		7,272	2.3159  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,600	2.3162  GBP
10 10/11p ordinary		SWAP		Increasing Short		434	2.3193  GBP
10 10/11p ordinary		SWAP		Increasing Short		557	2.3267  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,309	2.3291  GBP
10 10/11p ordinary		SWAP		Increasing Short		552	2.3294  GBP
10 10/11p ordinary		SWAP		Increasing Short		93,546	2.3333  GBP
10 10/11p ordinary		SWAP		Increasing Short		56,442	2.3480  GBP
10 10/11p ordinary		CFD		Decreasing Short		27,243	2.3101  GBP
10 10/11p ordinary		CFD		Decreasing Short		139,278	2.3190  GBP
10 10/11p ordinary		CFD		Decreasing Short		6,544	2.3219  GBP
10 10/11p ordinary		CFD		Decreasing Short		23,660	2.3280  GBP
10 10/11p ordinary		CFD		Decreasing Short		16,586	2.3292  GBP
10 10/11p ordinary		CFD		Decreasing Short		26,871	2.3302  GBP
10 10/11p ordinary		CFD		Increasing Short		5,395	2.2860  GBP
10 10/11p ordinary		CFD		Increasing Short		35,612	2.2987  GBP
10 10/11p ordinary		CFD		Increasing Short		224	2.3181  GBP
10 10/11p ordinary		CFD		Increasing Short		2,034	2.3479  GBP
10 10/11p ordinary		CFD		Increasing Short		1,281,307	2.3480  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:				02 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END