Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

18 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:			17 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:				9,533,270	0.73%	12,663,466	0.97%
(2) Cash-settled derivatives:				13,424,230	1.02%	7,427,326	0.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				22,957,500	1.75%	20,090,792	1.53%
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	612,821	2.4293  GBP
10 10/11p ordinary	Purchase	263,312	2.4274  GBP
10 10/11p ordinary	Purchase	119,558	2.4264  GBP
10 10/11p ordinary	Purchase	111,717	2.4260  GBP
10 10/11p ordinary	Purchase	101,696	2.4287  GBP
10 10/11p ordinary	Purchase	56,768	2.4265  GBP
10 10/11p ordinary	Purchase	56,350	2.4270  GBP
10 10/11p ordinary	Purchase	47,754	2.4316  GBP
10 10/11p ordinary	Purchase	40,135	2.4268  GBP
10 10/11p ordinary	Purchase	37,843	2.4288  GBP
10 10/11p ordinary	Purchase	24,552	2.4267  GBP
10 10/11p ordinary	Purchase	15,296	2.4346  GBP
10 10/11p ordinary	Purchase	15,200	2.4418  GBP
10 10/11p ordinary	Purchase	9,137	2.4330  GBP
10 10/11p ordinary	Purchase	7,454	2.4249  GBP
10 10/11p ordinary	Purchase	6,659	2.4361  GBP
10 10/11p ordinary	Purchase	6,627	2.4362  GBP
10 10/11p ordinary	Purchase	5,855	2.4332  GBP
10 10/11p ordinary	Purchase	5,784	2.4166  GBP
10 10/11p ordinary	Purchase	4,356	2.4258  GBP
10 10/11p ordinary	Purchase	3,692	2.4480  GBP
10 10/11p ordinary	Purchase	2,604	2.4309  GBP
10 10/11p ordinary	Purchase	2,328	2.4404  GBP
10 10/11p ordinary	Purchase	2,024	2.4275  GBP
10 10/11p ordinary	Purchase	1,840	2.4385  GBP
10 10/11p ordinary	Purchase	1,585	2.4207  GBP
10 10/11p ordinary	Purchase	1,194	2.4380  GBP
10 10/11p ordinary	Purchase	872	2.4400  GBP
10 10/11p ordinary	Purchase	800	2.4167  GBP
10 10/11p ordinary	Purchase	629	2.4262  GBP
10 10/11p ordinary	Purchase	349	2.4386  GBP
10 10/11p ordinary	Purchase	87	2.4340  GBP
10 10/11p ordinary	Sale	337,777	2.4282  GBP
10 10/11p ordinary	Sale	242,935	2.4302  GBP
10 10/11p ordinary	Sale	122,233	2.4260  GBP
10 10/11p ordinary	Sale	109,228	2.4478  GBP
10 10/11p ordinary	Sale	48,908	2.4329  GBP
10 10/11p ordinary	Sale	35,595	2.4356  GBP
10 10/11p ordinary	Sale	31,515	2.4336  GBP
10 10/11p ordinary	Sale	17,549	2.4387  GBP
10 10/11p ordinary	Sale	14,163	2.4360  GBP
10 10/11p ordinary	Sale	12,027	2.4411  GBP
10 10/11p ordinary	Sale	10,758	2.4298  GBP
10 10/11p ordinary	Sale	10,481	2.4378  GBP
10 10/11p ordinary	Sale	6,800	2.4358  GBP
10 10/11p ordinary	Sale	6,364	2.4430  GBP
10 10/11p ordinary	Sale	6,338	2.4220  GBP
10 10/11p ordinary	Sale	2,837	2.4393  GBP
10 10/11p ordinary	Sale	2,528	2.4279  GBP
10 10/11p ordinary	Sale	2,027	2.4480  GBP
10 10/11p ordinary	Sale	1,853	2.4350  GBP
10 10/11p ordinary	Sale	1,194	2.4380  GBP
10 10/11p ordinary	Sale	1,105	2.4240  GBP
10 10/11p ordinary	Sale	1,079	2.4315  GBP
10 10/11p ordinary	Sale	390	2.4429  GBP
10 10/11p ordinary	Sale	213	2.4187  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	213	2.4187  GBP
10 10/11p ordinary	SWAP	Increasing Long	783	2.4258  GBP
10 10/11p ordinary	SWAP	Increasing Long	19,427	2.4260  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,709	2.4269  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,528	2.4279  GBP
10 10/11p ordinary	SWAP	Increasing Long	44,511	2.4284  GBP
10 10/11p ordinary	SWAP	Increasing Long	90,808	2.4285  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,366	2.4298  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,079	2.4315  GBP
10 10/11p ordinary	SWAP	Increasing Long	738	2.4319  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,800	2.4358  GBP
10 10/11p ordinary	SWAP	Increasing Long	109,228	2.4478  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,784	2.4166  GBP
10 10/11p ordinary	SWAP	Decreasing Long	800	2.4167  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,585	2.4207  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,153	2.4220  GBP
10 10/11p ordinary	SWAP	Decreasing Long	734	2.4260  GBP
10 10/11p ordinary	SWAP	Decreasing Long	596	2.4262  GBP
10 10/11p ordinary	SWAP	Decreasing Long	33	2.4263  GBP
10 10/11p ordinary	SWAP	Decreasing Long	65,710	2.4264  GBP
10 10/11p ordinary	SWAP	Decreasing Long	73,014	2.4266  GBP
10 10/11p ordinary	SWAP	Decreasing Long	40,135	2.4268  GBP
10 10/11p ordinary	SWAP	Decreasing Long	263,312	2.4274  GBP
10 10/11p ordinary	SWAP	Decreasing Long	383	2.4280  GBP
10 10/11p ordinary	SWAP	Decreasing Long	151,827	2.4287  GBP
10 10/11p ordinary	SWAP	Decreasing Long	635	2.4292  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,795	2.4298  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17,510	2.4301  GBP
10 10/11p ordinary	SWAP	Decreasing Long	36,419	2.4316  GBP
10 10/11p ordinary	SWAP	Decreasing Long	87	2.4340  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,627	2.4362  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,143	2.4366  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,328	2.4404  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,200	2.4418  GBP
10 10/11p ordinary	SWAP	Decreasing Long	304	2.4438  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,239	2.4339  GBP
10 10/11p ordinary	CFD	Increasing Short	1,636	2.4310  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 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END