Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

04 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:				03 Dec 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:			20,556,433	1.57%	10,710,233	0.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,482,865	0.88%	17,644,803	1.35%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,039,298	2.44%	28,355,036	2.16%
(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		175,185		2.3055  GBP
10 10/11p ordinary		Purchase		138,351		2.3056  GBP
10 10/11p ordinary		Purchase		54,693		2.3050  GBP
10 10/11p ordinary		Purchase		46,965		2.3012  GBP
10 10/11p ordinary		Purchase		44,415		2.3018  GBP
10 10/11p ordinary		Purchase		40,517		2.3037  GBP
10 10/11p ordinary		Purchase		35,200		2.3084  GBP
10 10/11p ordinary		Purchase		25,337		2.3060  GBP
10 10/11p ordinary		Purchase		20,557		2.3114  GBP
10 10/11p ordinary		Purchase		20,009		2.3057  GBP
10 10/11p ordinary		Purchase		20,009		2.3077  GBP
10 10/11p ordinary		Purchase		20,009		2.2987  GBP
10 10/11p ordinary		Purchase		20,009		2.3127  GBP
10 10/11p ordinary		Purchase		19,784		2.3020  GBP
10 10/11p ordinary		Purchase		18,867		2.3070  GBP
10 10/11p ordinary		Purchase		12,666		2.3044  GBP
10 10/11p ordinary		Purchase		8,553		2.3042  GBP
10 10/11p ordinary		Purchase		7,319		2.3058  GBP
10 10/11p ordinary		Purchase		6,553		2.3160  GBP
10 10/11p ordinary		Purchase		6,283		2.3047  GBP
10 10/11p ordinary		Purchase		5,618		2.3014  GBP
10 10/11p ordinary		Purchase		2,963		2.3053  GBP
10 10/11p ordinary		Purchase		2,812		2.3062  GBP
10 10/11p ordinary		Purchase		1,271		2.3080  GBP
ADR		Purchase		800		11.4700  USD
10 10/11p ordinary		Purchase		281		2.2966  GBP
10 10/11p ordinary		Purchase		177		2.2980  GBP
10 10/11p ordinary		Sale		108,124		2.3044  GBP
10 10/11p ordinary		Sale		88,535		2.3058  GBP
10 10/11p ordinary		Sale		88,296		2.3060  GBP
10 10/11p ordinary		Sale		68,945		2.3047  GBP
10 10/11p ordinary		Sale		53,261		2.3050  GBP
10 10/11p ordinary		Sale		49,600		2.3027  GBP
10 10/11p ordinary		Sale		43,818		2.3039  GBP
10 10/11p ordinary		Sale		42,558		2.3064  GBP
10 10/11p ordinary		Sale		42,541		2.3038  GBP
10 10/11p ordinary		Sale		36,500		2.3130  GBP
10 10/11p ordinary		Sale		21,690		2.3033  GBP
10 10/11p ordinary		Sale		19,926		2.3059  GBP
10 10/11p ordinary		Sale		19,352		2.3009  GBP
10 10/11p ordinary		Sale		15,903		2.3078  GBP
10 10/11p ordinary		Sale		13,716		2.3079  GBP
10 10/11p ordinary		Sale		12,411		2.3042  GBP
10 10/11p ordinary		Sale		10,869		2.3067  GBP
10 10/11p ordinary		Sale		7,938		2.3052  GBP
10 10/11p ordinary		Sale		7,470		2.3055  GBP
10 10/11p ordinary		Sale		5,876		2.3088  GBP
10 10/11p ordinary		Sale		5,568		2.3154  GBP
10 10/11p ordinary		Sale		5,384		2.3011  GBP
10 10/11p ordinary		Sale		3,999		2.3010  GBP
10 10/11p ordinary		Sale		3,655		2.3070  GBP
10 10/11p ordinary		Sale		3,248		2.3034  GBP
10 10/11p ordinary		Sale		1,736		2.3137  GBP
10 10/11p ordinary		Sale		1,404		2.3020  GBP
10 10/11p ordinary		Sale		882		2.3026  GBP
ADR		Sale		800		11.4700  USD
10 10/11p ordinary		Sale		586		2.3000  GBP
10 10/11p ordinary		Sale		177		2.2980  GBP
10 10/11p ordinary		Sale		117		2.2982  GBP
10 10/11p ordinary		Sale		60		2.2981  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		16,491	2.2987  GBP
10 10/11p ordinary		SWAP		Decreasing Short		23,351	2.3009  GBP
10 10/11p ordinary		SWAP		Decreasing Short		882	2.3026  GBP
10 10/11p ordinary		SWAP		Decreasing Short		63,689	2.3027  GBP
10 10/11p ordinary		SWAP		Decreasing Short		21,690	2.3033  GBP
10 10/11p ordinary		SWAP		Decreasing Short		3,248	2.3034  GBP
10 10/11p ordinary		SWAP		Decreasing Short		33,393	2.3037  GBP
10 10/11p ordinary		SWAP		Decreasing Short		42,541	2.3038  GBP
10 10/11p ordinary		SWAP		Decreasing Short		43,818	2.3039  GBP
10 10/11p ordinary		SWAP		Decreasing Short		3,858	2.3042  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,470	2.3055  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,491	2.3057  GBP
10 10/11p ordinary		SWAP		Decreasing Short		6,032	2.3058  GBP
10 10/11p ordinary		SWAP		Decreasing Short		19,926	2.3059  GBP
10 10/11p ordinary		SWAP		Decreasing Short		31,154	2.3060  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,060	2.3070  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,491	2.3077  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,903	2.3078  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,943	2.3114  GBP
10 10/11p ordinary		SWAP		Decreasing Short		16,491	2.3127  GBP
10 10/11p ordinary		SWAP		Decreasing Short		849	2.3137  GBP
10 10/11p ordinary		SWAP		Decreasing Short		887	2.3140  GBP
10 10/11p ordinary		SWAP		Decreasing Short		381	2.3159  GBP
10 10/11p ordinary		SWAP		Increasing Short		281	2.2966  GBP
10 10/11p ordinary		SWAP		Increasing Short		20,289	2.3003  GBP
10 10/11p ordinary		SWAP		Increasing Short		40,934	2.3013  GBP
10 10/11p ordinary		SWAP		Increasing Short		19,784	2.3021  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,028	2.3032  GBP
10 10/11p ordinary		SWAP		Increasing Short		37,150	2.3033  GBP
10 10/11p ordinary		SWAP		Increasing Short		131	2.3041  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,369	2.3044  GBP
10 10/11p ordinary		SWAP		Increasing Short		6,283	2.3047  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,316	2.3052  GBP
10 10/11p ordinary		SWAP		Increasing Short		138,351	2.3056  GBP
10 10/11p ordinary		SWAP		Increasing Short		58,735	2.3060  GBP
10 10/11p ordinary		SWAP		Increasing Short		30,439	2.3062  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,271	2.3080  GBP
10 10/11p ordinary		SWAP		Increasing Short		172	2.3101  GBP
10 10/11p ordinary		SWAP		Increasing Short		6,553	2.3160  GBP
10 10/11p ordinary		CFD		Increasing Short		12,299	2.3045  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:				04 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END