Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

30 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:			27 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:				8,250,950	0.63%	13,827,331	1.05%
(2) Cash-settled derivatives:				14,574,671	1.11%	7,569,802	0.58%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				22,825,621	1.74%	21,397,133	1.63%
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	278,433	2.5387  GBP
10 10/11p ordinary	Purchase	120,151	2.5318  GBP
10 10/11p ordinary	Purchase	119,429	2.5359  GBP
10 10/11p ordinary	Purchase	112,758	2.5326  GBP
10 10/11p ordinary	Purchase	88,991	2.5390  GBP
10 10/11p ordinary	Purchase	63,698	2.5334  GBP
10 10/11p ordinary	Purchase	48,308	2.5307  GBP
10 10/11p ordinary	Purchase	45,079	2.5420  GBP
10 10/11p ordinary	Purchase	43,183	2.5367  GBP
10 10/11p ordinary	Purchase	30,767	2.5323  GBP
10 10/11p ordinary	Purchase	29,095	2.5325  GBP
10 10/11p ordinary	Purchase	25,654	2.5349  GBP
10 10/11p ordinary	Purchase	23,938	2.5342  GBP
10 10/11p ordinary	Purchase	19,336	2.5339  GBP
10 10/11p ordinary	Purchase	16,004	2.5320  GBP
10 10/11p ordinary	Purchase	16,002	2.5316  GBP
10 10/11p ordinary	Purchase	14,700	2.5381  GBP
10 10/11p ordinary	Purchase	8,508	2.5384  GBP
10 10/11p ordinary	Purchase	7,488	2.5400  GBP
10 10/11p ordinary	Purchase	4,477	2.5333  GBP
10 10/11p ordinary	Purchase	4,224	2.5344  GBP
10 10/11p ordinary	Purchase	4,140	2.5357  GBP
10 10/11p ordinary	Purchase	4,085	2.5362  GBP
10 10/11p ordinary	Purchase	4,032	2.5366  GBP
10 10/11p ordinary	Purchase	4,024	2.5361  GBP
10 10/11p ordinary	Purchase	2,642	2.5340  GBP
ADR	Purchase	2,280	12.6664  USD
10 10/11p ordinary	Purchase	1,384	2.5430  GBP
10 10/11p ordinary	Purchase	1,213	2.5393  GBP
10 10/11p ordinary	Purchase	1,200	2.5380  GBP
10 10/11p ordinary	Purchase	626	2.5360  GBP
10 10/11p ordinary	Purchase	624	2.5280  GBP
10 10/11p ordinary	Purchase	5	2.5412  GBP
10 10/11p ordinary	Sale	941,628	2.5344  GBP
10 10/11p ordinary	Sale	157,671	2.5318  GBP
10 10/11p ordinary	Sale	138,167	2.5419  GBP
10 10/11p ordinary	Sale	115,498	2.5326  GBP
10 10/11p ordinary	Sale	110,711	2.5420  GBP
10 10/11p ordinary	Sale	104,200	2.5337  GBP
10 10/11p ordinary	Sale	99,492	2.5377  GBP
10 10/11p ordinary	Sale	95,804	2.5323  GBP
10 10/11p ordinary	Sale	88,571	2.5316  GBP
10 10/11p ordinary	Sale	66,096	2.5343  GBP
10 10/11p ordinary	Sale	65,804	2.5315  GBP
10 10/11p ordinary	Sale	47,745	2.5299  GBP
10 10/11p ordinary	Sale	44,423	2.5296  GBP
10 10/11p ordinary	Sale	27,987	2.5352  GBP
10 10/11p ordinary	Sale	13,382	2.5317  GBP
10 10/11p ordinary	Sale	13,369	2.5325  GBP
10 10/11p ordinary	Sale	10,398	2.5334  GBP
10 10/11p ordinary	Sale	10,048	2.5332  GBP
10 10/11p ordinary	Sale	8,325	2.5331  GBP
10 10/11p ordinary	Sale	8,095	2.5353  GBP
10 10/11p ordinary	Sale	5,215	2.5355  GBP
10 10/11p ordinary	Sale	4,816	2.5340  GBP
10 10/11p ordinary	Sale	4,766	2.5360  GBP
10 10/11p ordinary	Sale	4,658	2.5280  GBP
10 10/11p ordinary	Sale	3,893	2.5320  GBP
10 10/11p ordinary	Sale	3,103	2.5302  GBP
ADR	Sale	2,280	12.6664  USD
10 10/11p ordinary	Sale	2,125	2.5399  GBP
10 10/11p ordinary	Sale	519	2.5240  GBP
10 10/11p ordinary	Sale	401	2.5379  GBP
10 10/11p ordinary	Sale	327	2.5357  GBP
10 10/11p ordinary	Sale	162	2.5359  GBP
10 10/11p ordinary	Sale	78	2.5220  GBP
10 10/11p ordinary	Sale	7	2.5040  GBP
10 10/11p ordinary	Sale	1	2.5380  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	4,306	2.5280  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,103	2.5302  GBP
10 10/11p ordinary	SWAP	Increasing Long	46,403	2.5309  GBP
10 10/11p ordinary	SWAP	Increasing Long	88,571	2.5316  GBP
10 10/11p ordinary	SWAP	Increasing Long	74,017	2.5317  GBP
10 10/11p ordinary	SWAP	Increasing Long	157,671	2.5318  GBP
10 10/11p ordinary	SWAP	Increasing Long	64,247	2.5322  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,100	2.5335  GBP
10 10/11p ordinary	SWAP	Increasing Long	61,100	2.5339  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,103	2.5340  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,787	2.5342  GBP
10 10/11p ordinary	SWAP	Increasing Long	93,718	2.5356  GBP
10 10/11p ordinary	SWAP	Increasing Long	327	2.5357  GBP
10 10/11p ordinary	SWAP	Increasing Long	162	2.5359  GBP
10 10/11p ordinary	SWAP	Increasing Long	47,295	2.5361  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,854	2.5379  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,125	2.5399  GBP
10 10/11p ordinary	SWAP	Increasing Long	138,167	2.5419  GBP
10 10/11p ordinary	SWAP	Increasing Long	64,005	2.5420  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7	2.5040  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,086	2.5270  GBP
10 10/11p ordinary	SWAP	Decreasing Long	272	2.5280  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,442	2.5304  GBP
10 10/11p ordinary	SWAP	Decreasing Long	321	2.5305  GBP
10 10/11p ordinary	SWAP	Decreasing Long	48,308	2.5307  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,002	2.5316  GBP
10 10/11p ordinary	SWAP	Decreasing Long	108,144	2.5323  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,082	2.5325  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,025	2.5330  GBP
10 10/11p ordinary	SWAP	Decreasing Long	148,391	2.5331  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,960	2.5332  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,477	2.5333  GBP
10 10/11p ordinary	SWAP	Decreasing Long	63,377	2.5334  GBP
10 10/11p ordinary	SWAP	Decreasing Long	83,164	2.5354  GBP
10 10/11p ordinary	SWAP	Decreasing Long	119,429	2.5359  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,731	2.5361  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,700	2.5381  GBP
10 10/11p ordinary	SWAP	Decreasing Long	88,586	2.5390  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,488	2.5400  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,063	2.5406  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,098	2.5420  GBP
10 10/11p ordinary	CFD	Decreasing Short	38,229	2.5269  GBP
10 10/11p ordinary	CFD	Decreasing Short	84,117	2.5297  GBP
10 10/11p ordinary	CFD	Decreasing Short	16,625	2.5306  GBP
10 10/11p ordinary	CFD	Decreasing Short	798	2.5330  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,482	2.5331  GBP
10 10/11p ordinary	CFD	Decreasing Short	785,888	2.5340  GBP
10 10/11p ordinary	CFD	Decreasing Short	13,524	2.5367  GBP
10 10/11p ordinary	CFD	Decreasing Short	40	2.5395  GBP
10 10/11p ordinary	CFD	Increasing Short	1,553	2.5162  GBP
10 10/11p ordinary	CFD	Increasing Short	792	2.5241  GBP
10 10/11p ordinary	CFD	Increasing Short	6,762	2.5367  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:				30 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END