Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

05 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				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				04 Dec 2024
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			20,286,434	1.55%	11,894,551	0.91%
(2)	Cash-settled derivatives:
	and/or controlled:			12,666,465	0.97%	17,317,153	1.32%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,952,899	2.51%	29,211,704	2.23%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10 10/11p ordinary		Purchase		646,092		2.3221  GBP
10 10/11p ordinary		Purchase		500,000		2.3210  GBP
10 10/11p ordinary		Purchase		222,246		2.3265  GBP
10 10/11p ordinary		Purchase		179,016		2.3534  GBP
10 10/11p ordinary		Purchase		164,109		2.3580  GBP
10 10/11p ordinary		Purchase		160,587		2.3206  GBP
10 10/11p ordinary		Purchase		145,805		2.3680  GBP
10 10/11p ordinary		Purchase		130,975		2.3280  GBP
10 10/11p ordinary		Purchase		89,636		2.3267  GBP
10 10/11p ordinary		Purchase		66,504		2.3146  GBP
10 10/11p ordinary		Purchase		64,208		2.3185  GBP
10 10/11p ordinary		Purchase		57,561		2.3197  GBP
10 10/11p ordinary		Purchase		53,998		2.3525  GBP
10 10/11p ordinary		Purchase		53,244		2.3402  GBP
10 10/11p ordinary		Purchase		50,626		2.3179  GBP
10 10/11p ordinary		Purchase		48,295		2.3241  GBP
10 10/11p ordinary		Purchase		45,551		2.3677  GBP
10 10/11p ordinary		Purchase		44,379		2.3305  GBP
10 10/11p ordinary		Purchase		41,000		2.3270  GBP
10 10/11p ordinary		Purchase		39,313		2.3231  GBP
10 10/11p ordinary		Purchase		30,872		2.3303  GBP
10 10/11p ordinary		Purchase		30,600		2.3175  GBP
10 10/11p ordinary		Purchase		27,410		2.3226  GBP
10 10/11p ordinary		Purchase		21,427		2.3263  GBP
10 10/11p ordinary		Purchase		19,194		2.3202  GBP
ADR		Purchase		16,120		11.9488  USD
10 10/11p ordinary		Purchase		13,883		2.3260  GBP
10 10/11p ordinary		Purchase		11,465		2.3423  GBP
10 10/11p ordinary		Purchase		10,508		2.3405  GBP
10 10/11p ordinary		Purchase		9,912		2.3253  GBP
10 10/11p ordinary		Purchase		9,600		2.3213  GBP
10 10/11p ordinary		Purchase		8,833		2.3454  GBP
10 10/11p ordinary		Purchase		8,123		2.3458  GBP
10 10/11p ordinary		Purchase		5,832		2.3094  GBP
10 10/11p ordinary		Purchase		5,248		2.3108  GBP
10 10/11p ordinary		Purchase		4,934		2.3357  GBP
10 10/11p ordinary		Purchase		4,898		2.3000  GBP
10 10/11p ordinary		Purchase		4,712		2.3500  GBP
10 10/11p ordinary		Purchase		4,458		2.3294  GBP
10 10/11p ordinary		Purchase		4,229		2.3540  GBP
10 10/11p ordinary		Purchase		4,152		2.3247  GBP
10 10/11p ordinary		Purchase		4,063		2.3290  GBP
10 10/11p ordinary		Purchase		3,986		2.3160  GBP
10 10/11p ordinary		Purchase		3,553		2.3258  GBP
10 10/11p ordinary		Purchase		3,500		2.3731  GBP
10 10/11p ordinary		Purchase		3,120		2.3343  GBP
10 10/11p ordinary		Purchase		2,681		2.3220  GBP
10 10/11p ordinary		Purchase		2,649		2.3434  GBP
10 10/11p ordinary		Purchase		2,622		2.3320  GBP
10 10/11p ordinary		Purchase		2,160		2.3050  GBP
10 10/11p ordinary		Purchase		1,954		2.3200  GBP
10 10/11p ordinary		Purchase		1,424		2.3420  GBP
10 10/11p ordinary		Purchase		1,214		2.3520  GBP
10 10/11p ordinary		Purchase		1,000		2.3240  GBP
10 10/11p ordinary		Purchase		800		2.3390  GBP
10 10/11p ordinary		Purchase		693		2.3120  GBP
10 10/11p ordinary		Purchase		286		2.2960  GBP
10 10/11p ordinary		Purchase		133		2.3180  GBP
10 10/11p ordinary		Purchase		77		2.3681  GBP
ADR		Purchase		40		11.9500  USD
10 10/11p ordinary		Sale		2,140,651		2.3261  GBP
10 10/11p ordinary		Sale		928,964		2.3650  GBP
10 10/11p ordinary		Sale		187,420		2.3270  GBP
10 10/11p ordinary		Sale		163,672		2.3307  GBP
10 10/11p ordinary		Sale		144,315		2.3680  GBP
10 10/11p ordinary		Sale		139,757		2.3573  GBP
10 10/11p ordinary		Sale		91,500		2.3288  GBP
10 10/11p ordinary		Sale		84,170		2.3183  GBP
10 10/11p ordinary		Sale		72,487		2.3295  GBP
10 10/11p ordinary		Sale		63,168		2.3321  GBP
10 10/11p ordinary		Sale		49,468		2.3180  GBP
10 10/11p ordinary		Sale		45,139		2.3269  GBP
10 10/11p ordinary		Sale		38,619		2.3037  GBP
10 10/11p ordinary		Sale		36,161		2.3308  GBP
10 10/11p ordinary		Sale		33,062		2.3216  GBP
10 10/11p ordinary		Sale		31,152		2.3277  GBP
10 10/11p ordinary		Sale		30,994		2.3391  GBP
10 10/11p ordinary		Sale		23,994		2.3312  GBP
10 10/11p ordinary		Sale		21,721		2.3404  GBP
10 10/11p ordinary		Sale		21,169		2.3297  GBP
10 10/11p ordinary		Sale		18,610		2.3436  GBP
10 10/11p ordinary		Sale		18,524		2.3265  GBP
10 10/11p ordinary		Sale		18,217		2.3117  GBP
ADR		Sale		16,120		11.9488  USD
10 10/11p ordinary		Sale		15,487		2.3341  GBP
10 10/11p ordinary		Sale		14,480		2.3399  GBP
10 10/11p ordinary		Sale		11,297		2.3480  GBP
10 10/11p ordinary		Sale		10,000		2.3546  GBP
10 10/11p ordinary		Sale		9,563		2.3675  GBP
10 10/11p ordinary		Sale		9,128		2.3447  GBP
10 10/11p ordinary		Sale		6,879		2.3482  GBP
10 10/11p ordinary		Sale		5,414		2.3426  GBP
10 10/11p ordinary		Sale		4,912		2.3500  GBP
10 10/11p ordinary		Sale		4,358		2.3238  GBP
10 10/11p ordinary		Sale		4,254		2.3242  GBP
10 10/11p ordinary		Sale		4,229		2.3540  GBP
10 10/11p ordinary		Sale		3,941		2.3290  GBP
10 10/11p ordinary		Sale		3,534		2.3157  GBP
10 10/11p ordinary		Sale		2,681		2.3220  GBP
10 10/11p ordinary		Sale		2,622		2.3320  GBP
10 10/11p ordinary		Sale		2,300		2.3280  GBP
10 10/11p ordinary		Sale		2,240		2.3597  GBP
10 10/11p ordinary		Sale		2,215		2.3080  GBP
10 10/11p ordinary		Sale		1,954		2.3200  GBP
10 10/11p ordinary		Sale		1,881		2.3140  GBP
10 10/11p ordinary		Sale		1,757		2.3260  GBP
10 10/11p ordinary		Sale		1,637		2.3574  GBP
10 10/11p ordinary		Sale		1,607		2.3160  GBP
10 10/11p ordinary		Sale		1,131		2.3486  GBP
10 10/11p ordinary		Sale		1,000		2.3240  GBP
10 10/11p ordinary		Sale		212		2.3526  GBP
ADR		Sale		40		11.9500  USD
10 10/11p ordinary		Sale		20		2.3520  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10 10/11p ordinary		SWAP		Decreasing Short		2,215	2.3080  GBP
10 10/11p ordinary		SWAP		Decreasing Short		3,534	2.3157  GBP
10 10/11p ordinary		SWAP		Decreasing Short		60,035	2.3159  GBP
10 10/11p ordinary		SWAP		Decreasing Short		47,439	2.3197  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,590	2.3226  GBP
10 10/11p ordinary		SWAP		Decreasing Short		20,500	2.3253  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,524	2.3265  GBP
10 10/11p ordinary		SWAP		Decreasing Short		82,852	2.3267  GBP
10 10/11p ordinary		SWAP		Decreasing Short		31,152	2.3277  GBP
10 10/11p ordinary		SWAP		Decreasing Short		120,000	2.3278  GBP
10 10/11p ordinary		SWAP		Decreasing Short		21,169	2.3297  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,500	2.3298  GBP
10 10/11p ordinary		SWAP		Decreasing Short		36,161	2.3308  GBP
10 10/11p ordinary		SWAP		Decreasing Short		26,432	2.3310  GBP
10 10/11p ordinary		SWAP		Decreasing Short		23,994	2.3312  GBP
10 10/11p ordinary		SWAP		Decreasing Short		50,145	2.3323  GBP
10 10/11p ordinary		SWAP		Decreasing Short		5,974	2.3341  GBP
10 10/11p ordinary		SWAP		Decreasing Short		44,400	2.3355  GBP
10 10/11p ordinary		SWAP		Decreasing Short		30,994	2.3391  GBP
10 10/11p ordinary		SWAP		Decreasing Short		136	2.3457  GBP
10 10/11p ordinary		SWAP		Decreasing Short		11,297	2.3480  GBP
10 10/11p ordinary		SWAP		Decreasing Short		44,502	2.3525  GBP
10 10/11p ordinary		SWAP		Decreasing Short		37,461	2.3647  GBP
10 10/11p ordinary		SWAP		Decreasing Short		9,563	2.3675  GBP
10 10/11p ordinary		SWAP		Decreasing Short		430,095	2.3679  GBP
10 10/11p ordinary		SWAP		Decreasing Short		439,183	2.3680  GBP
10 10/11p ordinary		SWAP		Increasing Short		4,898	2.3000  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,160	2.3050  GBP
10 10/11p ordinary		SWAP		Increasing Short		5,248	2.3108  GBP
10 10/11p ordinary		SWAP		Increasing Short		966	2.3160  GBP
10 10/11p ordinary		SWAP		Increasing Short		21,427	2.3263  GBP
10 10/11p ordinary		SWAP		Increasing Short		46,562	2.3285  GBP
10 10/11p ordinary		SWAP		Increasing Short		7,642	2.3329  GBP
10 10/11p ordinary		SWAP		Increasing Short		413	2.3409  GBP
10 10/11p ordinary		SWAP		Increasing Short		287	2.3441  GBP
10 10/11p ordinary		SWAP		Increasing Short		8,123	2.3458  GBP
10 10/11p ordinary		SWAP		Increasing Short		56,813	2.3680  GBP
10 10/11p ordinary		SWAP		Increasing Short		77	2.3681  GBP
10 10/11p ordinary		CFD		Decreasing Short		844	2.3179  GBP
10 10/11p ordinary		CFD		Decreasing Short		8,084	2.3437  GBP
10 10/11p ordinary		CFD		Decreasing Short		19,918	2.3453  GBP
10 10/11p ordinary		CFD		Decreasing Short		8,792	2.3484  GBP
10 10/11p ordinary		CFD		Increasing Short		4,458	2.3294  GBP
10 10/11p ordinary		CFD		Increasing Short		12,322	2.3464  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				05 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END