Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

29 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:			28 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:				13,595,651	1.04%	13,465,808	1.03%
(2) Cash-settled derivatives:				14,278,531	1.09%	13,596,578	1.04%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				27,874,182	2.13%	27,062,386	2.06%
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	281,416	2.6500  GBP
10 10/11p ordinary	Purchase	136,143	2.6542  GBP
10 10/11p ordinary	Purchase	61,345	2.6632  GBP
10 10/11p ordinary	Purchase	37,368	2.6597  GBP
10 10/11p ordinary	Purchase	18,128	2.6578  GBP
10 10/11p ordinary	Purchase	15,830	2.6634  GBP
10 10/11p ordinary	Purchase	10,582	2.6636  GBP
10 10/11p ordinary	Purchase	9,821	2.6622  GBP
10 10/11p ordinary	Purchase	9,524	2.6641  GBP
10 10/11p ordinary	Purchase	9,410	2.6551  GBP
10 10/11p ordinary	Purchase	7,337	2.6643  GBP
10 10/11p ordinary	Purchase	5,485	2.6616  GBP
10 10/11p ordinary	Purchase	4,945	2.6626  GBP
10 10/11p ordinary	Purchase	4,231	2.6620  GBP
10 10/11p ordinary	Purchase	4,016	2.6615  GBP
10 10/11p ordinary	Purchase	3,841	2.6601  GBP
10 10/11p ordinary	Purchase	3,620	2.6565  GBP
10 10/11p ordinary	Purchase	2,717	2.6628  GBP
10 10/11p ordinary	Purchase	2,564	2.6677  GBP
10 10/11p ordinary	Purchase	2,194	2.6611  GBP
10 10/11p ordinary	Purchase	1,225	2.6600  GBP
10 10/11p ordinary	Purchase	1,223	2.6580  GBP
10 10/11p ordinary	Purchase	1,160	2.6660  GBP
10 10/11p ordinary	Purchase	1,034	2.6640  GBP
10 10/11p ordinary	Purchase	636	2.6497  GBP
10 10/11p ordinary	Purchase	533	2.6619  GBP
10 10/11p ordinary	Purchase	8	2.6537  GBP
10 10/11p ordinary	Sale	1,057,877	2.6500  GBP
10 10/11p ordinary	Sale	224,294	2.6626  GBP
10 10/11p ordinary	Sale	171,633	2.6524  GBP
10 10/11p ordinary	Sale	153,331	2.6517  GBP
10 10/11p ordinary	Sale	95,954	2.6617  GBP
10 10/11p ordinary	Sale	61,221	2.6499  GBP
10 10/11p ordinary	Sale	48,312	2.6612  GBP
10 10/11p ordinary	Sale	32,197	2.6578  GBP
10 10/11p ordinary	Sale	17,561	2.6614  GBP
10 10/11p ordinary	Sale	2,614	2.6588  GBP
10 10/11p ordinary	Sale	2,026	2.6599  GBP
10 10/11p ordinary	Sale	1,607	2.6654  GBP
10 10/11p ordinary	Sale	1,523	2.6600  GBP
10 10/11p ordinary	Sale	1,491	2.6627  GBP
10 10/11p ordinary	Sale	1,146	2.6660  GBP
10 10/11p ordinary	Sale	339	2.6561  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 Short	31,150	2.6583  GBP
10 10/11p ordinary	SWAP	Increasing Long	98,136	2.6498  GBP
10 10/11p ordinary	SWAP	Increasing Long	61,221	2.6499  GBP
10 10/11p ordinary	SWAP	Increasing Long	919,505	2.6500  GBP
10 10/11p ordinary	SWAP	Increasing Long	71,950	2.6515  GBP
10 10/11p ordinary	SWAP	Increasing Long	89	2.6560  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,315	2.6570  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,882	2.6586  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,026	2.6599  GBP
10 10/11p ordinary	SWAP	Increasing Long	22,093	2.6607  GBP
10 10/11p ordinary	SWAP	Increasing Long	33,327	2.6609  GBP
10 10/11p ordinary	SWAP	Increasing Long	91,679	2.6621  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,602	2.6622  GBP
10 10/11p ordinary	SWAP	Increasing Long	224,294	2.6626  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,491	2.6627  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,588	2.6632  GBP
10 10/11p ordinary	SWAP	Decreasing Long	102,276	2.6500  GBP
10 10/11p ordinary	SWAP	Decreasing Long	35,173	2.6501  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8	2.6539  GBP
10 10/11p ordinary	SWAP	Decreasing Long	18,128	2.6578  GBP
10 10/11p ordinary	SWAP	Decreasing Long	702	2.6615  GBP
10 10/11p ordinary	SWAP	Decreasing Long	27,508	2.6627  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,730	2.6630  GBP
10 10/11p ordinary	SWAP	Decreasing Long	61,345	2.6632  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,582	2.6636  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,524	2.6641  GBP
10 10/11p ordinary	SWAP	Decreasing Long	341	2.6660  GBP
10 10/11p ordinary	CFD	Increasing Short	3,620	2.6565  GBP
10 10/11p ordinary	CFD	Increasing Short	6,802	2.6601  GBP
10 10/11p ordinary	CFD	Increasing Short	30,812	2.6640  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:				29 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END