Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

13 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  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:			12 Dec 2024
(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:				9,988,630	0.76%	14,257,339	1.09%
(2) Cash-settled derivatives:				15,023,665	1.15%	7,624,310	0.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,012,295	1.91%	21,881,649	1.67%
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	168,733	2.4613  GBP
10 10/11p ordinary	Purchase	91,250	2.4627  GBP
10 10/11p ordinary	Purchase	89,363	2.4605  GBP
10 10/11p ordinary	Purchase	72,481	2.4678  GBP
10 10/11p ordinary	Purchase	63,087	2.4688  GBP
10 10/11p ordinary	Purchase	58,103	2.4600  GBP
10 10/11p ordinary	Purchase	35,286	2.4658  GBP
10 10/11p ordinary	Purchase	25,898	2.4711  GBP
10 10/11p ordinary	Purchase	23,721	2.4675  GBP
10 10/11p ordinary	Purchase	22,713	2.4689  GBP
10 10/11p ordinary	Purchase	19,881	2.4695  GBP
10 10/11p ordinary	Purchase	11,103	2.4700  GBP
10 10/11p ordinary	Purchase	7,215	2.4704  GBP
10 10/11p ordinary	Purchase	7,160	2.4648  GBP
10 10/11p ordinary	Purchase	4,181	2.4714  GBP
10 10/11p ordinary	Purchase	3,096	2.4717  GBP
10 10/11p ordinary	Purchase	2,823	2.4702  GBP
10 10/11p ordinary	Purchase	921	2.4723  GBP
10 10/11p ordinary	Purchase	893	2.4715  GBP
10 10/11p ordinary	Purchase	659	2.4720  GBP
10 10/11p ordinary	Purchase	537	2.4679  GBP
10 10/11p ordinary	Purchase	536	2.4740  GBP
10 10/11p ordinary	Purchase	213	2.4734  GBP
10 10/11p ordinary	Sale	251,381	2.4619  GBP
10 10/11p ordinary	Sale	198,863	2.4723  GBP
10 10/11p ordinary	Sale	108,258	2.4662  GBP
10 10/11p ordinary	Sale	106,408	2.4710  GBP
10 10/11p ordinary	Sale	73,768	2.4652  GBP
10 10/11p ordinary	Sale	72,565	2.4599  GBP
10 10/11p ordinary	Sale	48,124	2.4685  GBP
10 10/11p ordinary	Sale	47,600	2.4800  GBP
10 10/11p ordinary	Sale	44,488	2.4614  GBP
10 10/11p ordinary	Sale	39,148	2.4600  GBP
10 10/11p ordinary	Sale	33,870	2.4703  GBP
10 10/11p ordinary	Sale	31,861	2.4725  GBP
10 10/11p ordinary	Sale	28,442	2.4686  GBP
10 10/11p ordinary	Sale	24,439	2.4691  GBP
10 10/11p ordinary	Sale	21,230	2.4661  GBP
10 10/11p ordinary	Sale	19,875	2.4720  GBP
10 10/11p ordinary	Sale	15,591	2.4647  GBP
10 10/11p ordinary	Sale	15,001	2.4683  GBP
10 10/11p ordinary	Sale	10,773	2.4646  GBP
10 10/11p ordinary	Sale	10,598	2.4714  GBP
10 10/11p ordinary	Sale	6,584	2.4680  GBP
10 10/11p ordinary	Sale	6,243	2.4698  GBP
10 10/11p ordinary	Sale	5,980	2.4630  GBP
10 10/11p ordinary	Sale	4,735	2.4700  GBP
10 10/11p ordinary	Sale	4,209	2.4715  GBP
10 10/11p ordinary	Sale	3,102	2.4695  GBP
10 10/11p ordinary	Sale	2,545	2.4716  GBP
10 10/11p ordinary	Sale	2,296	2.4679  GBP
10 10/11p ordinary	Sale	2,088	2.4660  GBP
10 10/11p ordinary	Sale	2,025	2.4740  GBP
10 10/11p ordinary	Sale	1,571	2.4631  GBP
10 10/11p ordinary	Sale	13	2.4727  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 Long	72,565	2.4599  GBP
10 10/11p ordinary	SWAP	Increasing Long	44,462	2.4600  GBP
10 10/11p ordinary	SWAP	Increasing Long	44,488	2.4614  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,571	2.4631  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,442	2.4675  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,048	2.4680  GBP
10 10/11p ordinary	SWAP	Increasing Long	1	2.4685  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,384	2.4687  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,059	2.4700  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,182	2.4714  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,800	2.4715  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,055	2.4719  GBP
10 10/11p ordinary	SWAP	Increasing Long	19,872	2.4720  GBP
10 10/11p ordinary	SWAP	Increasing Long	657	2.4722  GBP
10 10/11p ordinary	SWAP	Increasing Long	42,500	2.4724  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,230	2.4737  GBP
10 10/11p ordinary	SWAP	Increasing Long	526	2.4790  GBP
10 10/11p ordinary	SWAP	Increasing Long	47,600	2.4800  GBP
10 10/11p ordinary	SWAP	Decreasing Long	85,928	2.4606  GBP
10 10/11p ordinary	SWAP	Decreasing Long	89,183	2.4630  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,973	2.4631  GBP
10 10/11p ordinary	SWAP	Decreasing Long	31,457	2.4658  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,135	2.4684  GBP
10 10/11p ordinary	SWAP	Decreasing Long	63,087	2.4689  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,182	2.4697  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,103	2.4700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	526	2.4709  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,273	2.4711  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,181	2.4714  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7	2.4720  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,162	2.4725  GBP
10 10/11p ordinary	SWAP	Decreasing Long	729	2.4730  GBP
10 10/11p ordinary	SWAP	Decreasing Long	213	2.4734  GBP
10 10/11p ordinary	CFD	Decreasing Short	291,973	2.4643  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,135	2.4717  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:				13 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END