Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

06 January 2025

 

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:			03 Jan 2025
(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:				7,173,761	0.55%	12,788,224	0.98%
(2) Cash-settled derivatives:				13,525,353	1.03%	7,014,792	0.53%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				20,699,114	1.58%	19,803,016	1.51%
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	336,799	2.5630  GBP
10 10/11p ordinary	Purchase	226,308	2.5662  GBP
10 10/11p ordinary	Purchase	193,675	2.5707  GBP
10 10/11p ordinary	Purchase	130,330	2.5721  GBP
10 10/11p ordinary	Purchase	96,639	2.5731  GBP
10 10/11p ordinary	Purchase	91,790	2.5600  GBP
10 10/11p ordinary	Purchase	86,034	2.5716  GBP
10 10/11p ordinary	Purchase	53,893	2.5677  GBP
10 10/11p ordinary	Purchase	41,473	2.5717  GBP
10 10/11p ordinary	Purchase	31,843	2.5740  GBP
10 10/11p ordinary	Purchase	25,059	2.5714  GBP
10 10/11p ordinary	Purchase	18,391	2.5710  GBP
10 10/11p ordinary	Purchase	10,492	2.5724  GBP
10 10/11p ordinary	Purchase	8,161	2.5705  GBP
10 10/11p ordinary	Purchase	8,141	2.5700  GBP
10 10/11p ordinary	Purchase	7,143	2.5706  GBP
10 10/11p ordinary	Purchase	6,571	2.5780  GBP
10 10/11p ordinary	Purchase	5,328	2.5739  GBP
10 10/11p ordinary	Purchase	4,522	2.5760  GBP
10 10/11p ordinary	Purchase	3,976	2.5713  GBP
10 10/11p ordinary	Purchase	3,417	2.5751  GBP
10 10/11p ordinary	Purchase	1,714	2.5800  GBP
10 10/11p ordinary	Purchase	1,610	2.5726  GBP
10 10/11p ordinary	Purchase	1,334	2.5660  GBP
10 10/11p ordinary	Purchase	1,184	2.5720  GBP
10 10/11p ordinary	Purchase	1,115	2.5750  GBP
10 10/11p ordinary	Purchase	721	2.5777  GBP
10 10/11p ordinary	Purchase	154	2.5741  GBP
10 10/11p ordinary	Sale	1,000,000	2.5672  GBP
10 10/11p ordinary	Sale	151,443	2.5723  GBP
10 10/11p ordinary	Sale	123,659	2.5737  GBP
10 10/11p ordinary	Sale	111,725	2.5599  GBP
10 10/11p ordinary	Sale	86,130	2.5700  GBP
10 10/11p ordinary	Sale	84,290	2.5636  GBP
10 10/11p ordinary	Sale	65,231	2.5600  GBP
10 10/11p ordinary	Sale	56,422	2.5702  GBP
10 10/11p ordinary	Sale	46,848	2.5701  GBP
10 10/11p ordinary	Sale	41,043	2.5708  GBP
10 10/11p ordinary	Sale	36,757	2.5721  GBP
10 10/11p ordinary	Sale	25,506	2.5687  GBP
10 10/11p ordinary	Sale	17,915	2.5711  GBP
10 10/11p ordinary	Sale	14,776	2.5746  GBP
10 10/11p ordinary	Sale	7,418	2.5719  GBP
10 10/11p ordinary	Sale	6,365	2.5726  GBP
10 10/11p ordinary	Sale	6,272	2.5712  GBP
10 10/11p ordinary	Sale	5,742	2.5766  GBP
10 10/11p ordinary	Sale	5,655	2.5698  GBP
10 10/11p ordinary	Sale	5,490	2.5740  GBP
10 10/11p ordinary	Sale	3,098	2.5780  GBP
10 10/11p ordinary	Sale	2,448	2.5667  GBP
10 10/11p ordinary	Sale	1,821	2.5697  GBP
10 10/11p ordinary	Sale	1,817	2.5725  GBP
10 10/11p ordinary	Sale	1,714	2.5800  GBP
10 10/11p ordinary	Sale	1,610	2.5729  GBP
10 10/11p ordinary	Sale	1,579	2.5760  GBP
10 10/11p ordinary	Sale	1,381	2.5676  GBP
10 10/11p ordinary	Sale	1,184	2.5720  GBP
10 10/11p ordinary	Sale	617	2.5710  GBP
10 10/11p ordinary	Sale	490	2.5699  GBP
10 10/11p ordinary	Sale	231	2.5660  GBP
10 10/11p ordinary	Sale	224	2.5658  GBP
10 10/11p ordinary	Sale	180	2.5656  GBP
10 10/11p ordinary	Sale	111	2.5663  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	111,725	2.5599  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,134	2.5600  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,373	2.5647  GBP
10 10/11p ordinary	SWAP	Increasing Long	180	2.5656  GBP
10 10/11p ordinary	SWAP	Increasing Long	224	2.5658  GBP
10 10/11p ordinary	SWAP	Increasing Long	111	2.5663  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,448	2.5667  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,000,000	2.5672  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,200	2.5693  GBP
10 10/11p ordinary	SWAP	Increasing Long	490	2.5699  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,347	2.5720  GBP
10 10/11p ordinary	SWAP	Increasing Long	36,757	2.5721  GBP
10 10/11p ordinary	SWAP	Increasing Long	36,286	2.5726  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,920	2.5733  GBP
10 10/11p ordinary	SWAP	Increasing Long	116,739	2.5737  GBP
10 10/11p ordinary	SWAP	Decreasing Long	90,903	2.5599  GBP
10 10/11p ordinary	SWAP	Decreasing Long	100,329	2.5600  GBP
10 10/11p ordinary	SWAP	Decreasing Long	42,473	2.5659  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,893	2.5677  GBP
10 10/11p ordinary	SWAP	Decreasing Long	163,494	2.5679  GBP
10 10/11p ordinary	SWAP	Decreasing Long	89,355	2.5699  GBP
10 10/11p ordinary	SWAP	Decreasing Long	249,713	2.5705  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,004	2.5706  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,363	2.5707  GBP
10 10/11p ordinary	SWAP	Decreasing Long	31,809	2.5713  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,798	2.5715  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,473	2.5717  GBP
10 10/11p ordinary	SWAP	Decreasing Long	130,330	2.5721  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,244	2.5731  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,572	2.5735  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,012	2.5740  GBP
10 10/11p ordinary	SWAP	Decreasing Long	154	2.5741  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,103	2.5750  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,417	2.5751  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,943	2.5760  GBP
10 10/11p ordinary	CFD	Decreasing Short	8,448	2.5675  GBP
10 10/11p ordinary	CFD	Increasing Short	31,908	2.5690  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:				06 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END