Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

31 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:			30 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:				7,476,065	0.57%	13,521,369	1.03%
(2) Cash-settled derivatives:				14,299,680	1.09%	7,156,348	0.55%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,775,745	1.66%	20,677,717	1.58%
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	316,267	2.5343  GBP
10 10/11p ordinary	Purchase	259,738	2.5349  GBP
10 10/11p ordinary	Purchase	202,148	2.5326  GBP
10 10/11p ordinary	Purchase	79,418	2.5320  GBP
10 10/11p ordinary	Purchase	68,646	2.5353  GBP
10 10/11p ordinary	Purchase	64,975	2.5372  GBP
10 10/11p ordinary	Purchase	44,466	2.5370  GBP
10 10/11p ordinary	Purchase	36,904	2.5347  GBP
10 10/11p ordinary	Purchase	35,904	2.5338  GBP
10 10/11p ordinary	Purchase	24,869	2.5333  GBP
10 10/11p ordinary	Purchase	18,201	2.5345  GBP
10 10/11p ordinary	Purchase	16,836	2.5335  GBP
10 10/11p ordinary	Purchase	16,435	2.5382  GBP
10 10/11p ordinary	Purchase	15,709	2.5340  GBP
10 10/11p ordinary	Purchase	12,628	2.5346  GBP
10 10/11p ordinary	Purchase	12,400	2.5339  GBP
10 10/11p ordinary	Purchase	11,231	2.5356  GBP
10 10/11p ordinary	Purchase	8,938	2.5363  GBP
10 10/11p ordinary	Purchase	8,903	2.5369  GBP
10 10/11p ordinary	Purchase	8,058	2.5334  GBP
10 10/11p ordinary	Purchase	6,566	2.5350  GBP
10 10/11p ordinary	Purchase	6,209	2.5352  GBP
10 10/11p ordinary	Purchase	5,544	2.5307  GBP
10 10/11p ordinary	Purchase	5,058	2.5394  GBP
10 10/11p ordinary	Purchase	4,846	2.5358  GBP
10 10/11p ordinary	Purchase	4,594	2.5362  GBP
10 10/11p ordinary	Purchase	4,280	2.5280  GBP
10 10/11p ordinary	Purchase	2,784	2.5361  GBP
10 10/11p ordinary	Purchase	2,502	2.5300  GBP
10 10/11p ordinary	Purchase	2,211	2.5330  GBP
10 10/11p ordinary	Purchase	2,175	2.5380  GBP
10 10/11p ordinary	Purchase	1,515	2.5360  GBP
10 10/11p ordinary	Purchase	1,485	2.5348  GBP
10 10/11p ordinary	Purchase	1,219	2.5400  GBP
10 10/11p ordinary	Purchase	1,200	2.5378  GBP
10 10/11p ordinary	Purchase	1,113	2.5420  GBP
10 10/11p ordinary	Purchase	1,012	2.5342  GBP
10 10/11p ordinary	Purchase	983	2.5310  GBP
10 10/11p ordinary	Purchase	92	2.5440  GBP
10 10/11p ordinary	Sale	254,917	2.5344  GBP
10 10/11p ordinary	Sale	207,174	2.5319  GBP
10 10/11p ordinary	Sale	123,454	2.5320  GBP
10 10/11p ordinary	Sale	116,800	2.5351  GBP
10 10/11p ordinary	Sale	103,543	2.5346  GBP
10 10/11p ordinary	Sale	102,848	2.5322  GBP
10 10/11p ordinary	Sale	91,493	2.5349  GBP
10 10/11p ordinary	Sale	66,427	2.5336  GBP
10 10/11p ordinary	Sale	64,686	2.5350  GBP
10 10/11p ordinary	Sale	48,243	2.5342  GBP
10 10/11p ordinary	Sale	45,020	2.5363  GBP
10 10/11p ordinary	Sale	33,615	2.5352  GBP
10 10/11p ordinary	Sale	28,846	2.5360  GBP
10 10/11p ordinary	Sale	21,655	2.5332  GBP
10 10/11p ordinary	Sale	21,157	2.5369  GBP
10 10/11p ordinary	Sale	17,639	2.5438  GBP
10 10/11p ordinary	Sale	14,361	2.5355  GBP
10 10/11p ordinary	Sale	12,254	2.5358  GBP
10 10/11p ordinary	Sale	11,072	2.5364  GBP
10 10/11p ordinary	Sale	8,777	2.5323  GBP
10 10/11p ordinary	Sale	8,298	2.5280  GBP
10 10/11p ordinary	Sale	5,413	2.5340  GBP
10 10/11p ordinary	Sale	4,971	2.5368  GBP
10 10/11p ordinary	Sale	2,889	2.5326  GBP
10 10/11p ordinary	Sale	2,674	2.5310  GBP
10 10/11p ordinary	Sale	2,175	2.5380  GBP
10 10/11p ordinary	Sale	1,953	2.5370  GBP
10 10/11p ordinary	Sale	1,260	2.5400  GBP
10 10/11p ordinary	Sale	1,021	2.5300  GBP
10 10/11p ordinary	Sale	613	2.5316  GBP
10 10/11p ordinary	Sale	75	2.5440  GBP
10 10/11p ordinary	Sale	1	2.5420  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	Opening Short	33,607	2.5345  GBP
10 10/11p ordinary	SWAP	Increasing Long	983	2.5310  GBP
10 10/11p ordinary	SWAP	Increasing Long	613	2.5316  GBP
10 10/11p ordinary	SWAP	Increasing Long	207,716	2.5319  GBP
10 10/11p ordinary	SWAP	Increasing Long	27,816	2.5320  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,777	2.5323  GBP
10 10/11p ordinary	SWAP	Increasing Long	19,091	2.5328  GBP
10 10/11p ordinary	SWAP	Increasing Long	48,116	2.5335  GBP
10 10/11p ordinary	SWAP	Increasing Long	35,511	2.5337  GBP
10 10/11p ordinary	SWAP	Increasing Long	440	2.5340  GBP
10 10/11p ordinary	SWAP	Increasing Long	77	2.5341  GBP
10 10/11p ordinary	SWAP	Increasing Long	48,243	2.5342  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,400	2.5345  GBP
10 10/11p ordinary	SWAP	Increasing Long	35,728	2.5348  GBP
10 10/11p ordinary	SWAP	Increasing Long	106,400	2.5352  GBP
10 10/11p ordinary	SWAP	Increasing Long	93,801	2.5354  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,254	2.5358  GBP
10 10/11p ordinary	SWAP	Increasing Long	985	2.5370  GBP
10 10/11p ordinary	SWAP	Increasing Long	736	2.5380  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,575	2.5391  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,639	2.5438  GBP
10 10/11p ordinary	SWAP	Decreasing Long	368	2.5300  GBP
10 10/11p ordinary	SWAP	Decreasing Long	983	2.5310  GBP
10 10/11p ordinary	SWAP	Decreasing Long	125,639	2.5320  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,354	2.5325  GBP
10 10/11p ordinary	SWAP	Decreasing Long	75	2.5329  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,136	2.5330  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,180	2.5338  GBP
10 10/11p ordinary	SWAP	Decreasing Long	61,166	2.5339  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,608	2.5340  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,365	2.5341  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,012	2.5342  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,119	2.5343  GBP
10 10/11p ordinary	SWAP	Decreasing Long	29,418	2.5349  GBP
10 10/11p ordinary	SWAP	Decreasing Long	47,311	2.5351  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,209	2.5352  GBP
10 10/11p ordinary	SWAP	Decreasing Long	290,142	2.5353  GBP
10 10/11p ordinary	SWAP	Decreasing Long	145,928	2.5355  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,231	2.5356  GBP
10 10/11p ordinary	SWAP	Decreasing Long	171	2.5360  GBP
10 10/11p ordinary	SWAP	Decreasing Long	975	2.5380  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,435	2.5382  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17	2.5440  GBP
10 10/11p ordinary	CFD	Decreasing Short	780	2.5298  GBP
10 10/11p ordinary	CFD	Decreasing Short	206,391	2.5334  GBP
10 10/11p ordinary	CFD	Decreasing Short	6,602	2.5345  GBP
10 10/11p ordinary	CFD	Decreasing Short	55,482	2.5349  GBP
10 10/11p ordinary	CFD	Increasing Short	2,244	2.5382  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:				31 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END