Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

06 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:				05 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:			20,096,398	1.53%	12,501,020	0.95%
(2)	Cash-settled derivatives:
	and/or controlled:			13,323,865	1.02%	17,139,003	1.31%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			33,420,263	2.55%	29,640,023	2.26%
(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		1,021,310		2.3613  GBP
10 10/11p ordinary		Purchase		283,215		2.3674  GBP
10 10/11p ordinary		Purchase		226,988		2.3655  GBP
10 10/11p ordinary		Purchase		191,713		2.3659  GBP
10 10/11p ordinary		Purchase		181,637		2.3676  GBP
10 10/11p ordinary		Purchase		170,081		2.3595  GBP
10 10/11p ordinary		Purchase		167,754		2.3678  GBP
10 10/11p ordinary		Purchase		166,384		2.3680  GBP
10 10/11p ordinary		Purchase		143,217		2.3697  GBP
10 10/11p ordinary		Purchase		122,452		2.3671  GBP
10 10/11p ordinary		Purchase		108,860		2.3653  GBP
10 10/11p ordinary		Purchase		76,738		2.3799  GBP
10 10/11p ordinary		Purchase		75,405		2.3555  GBP
10 10/11p ordinary		Purchase		44,094		2.3741  GBP
10 10/11p ordinary		Purchase		42,637		2.3649  GBP
10 10/11p ordinary		Purchase		39,475		2.3783  GBP
10 10/11p ordinary		Purchase		38,889		2.3681  GBP
10 10/11p ordinary		Purchase		36,942		2.3600  GBP
10 10/11p ordinary		Purchase		33,798		2.4236  GBP
10 10/11p ordinary		Purchase		29,416		2.3662  GBP
10 10/11p ordinary		Purchase		24,301		2.4351  GBP
10 10/11p ordinary		Purchase		22,871		2.3999  GBP
10 10/11p ordinary		Purchase		21,928		2.3721  GBP
10 10/11p ordinary		Purchase		19,055		2.4011  GBP
10 10/11p ordinary		Purchase		18,689		2.4854  GBP
ADR		Purchase		17,424		12.2735  USD
10 10/11p ordinary		Purchase		15,760		2.3990  GBP
ADR		Purchase		15,680		12.3441  USD
10 10/11p ordinary		Purchase		15,430		2.3695  GBP
10 10/11p ordinary		Purchase		15,111		2.3759  GBP
10 10/11p ordinary		Purchase		15,001		2.3993  GBP
10 10/11p ordinary		Purchase		15,000		2.4540  GBP
10 10/11p ordinary		Purchase		10,146		2.3663  GBP
10 10/11p ordinary		Purchase		8,360		2.3899  GBP
10 10/11p ordinary		Purchase		8,216		2.3628  GBP
10 10/11p ordinary		Purchase		7,717		2.3762  GBP
10 10/11p ordinary		Purchase		7,235		2.4062  GBP
10 10/11p ordinary		Purchase		7,027		2.3780  GBP
10 10/11p ordinary		Purchase		7,000		2.3807  GBP
10 10/11p ordinary		Purchase		6,832		2.3800  GBP
10 10/11p ordinary		Purchase		6,623		2.3719  GBP
10 10/11p ordinary		Purchase		6,528		2.3710  GBP
10 10/11p ordinary		Purchase		6,440		2.3854  GBP
10 10/11p ordinary		Purchase		5,799		2.4820  GBP
10 10/11p ordinary		Purchase		5,720		2.4214  GBP
10 10/11p ordinary		Purchase		5,584		2.3731  GBP
10 10/11p ordinary		Purchase		5,200		2.3944  GBP
10 10/11p ordinary		Purchase		4,920		2.4232  GBP
10 10/11p ordinary		Purchase		4,608		2.3922  GBP
10 10/11p ordinary		Purchase		4,505		2.4415  GBP
10 10/11p ordinary		Purchase		4,393		2.3801  GBP
10 10/11p ordinary		Purchase		4,086		2.4880  GBP
10 10/11p ordinary		Purchase		4,062		2.4440  GBP
10 10/11p ordinary		Purchase		3,991		2.4320  GBP
10 10/11p ordinary		Purchase		3,906		2.3811  GBP
10 10/11p ordinary		Purchase		3,800		2.3861  GBP
10 10/11p ordinary		Purchase		3,336		2.3540  GBP
10 10/11p ordinary		Purchase		3,206		2.3630  GBP
10 10/11p ordinary		Purchase		3,000		2.3640  GBP
10 10/11p ordinary		Purchase		2,557		2.3797  GBP
10 10/11p ordinary		Purchase		2,339		2.3725  GBP
10 10/11p ordinary		Purchase		2,206		2.4300  GBP
10 10/11p ordinary		Purchase		2,178		2.3660  GBP
10 10/11p ordinary		Purchase		1,784		2.4797  GBP
10 10/11p ordinary		Purchase		1,551		2.3808  GBP
10 10/11p ordinary		Purchase		1,543		2.3805  GBP
10 10/11p ordinary		Purchase		1,477		2.3700  GBP
10 10/11p ordinary		Purchase		1,401		2.3720  GBP
10 10/11p ordinary		Purchase		1,396		2.3580  GBP
10 10/11p ordinary		Purchase		1,017		2.3570  GBP
10 10/11p ordinary		Purchase		1,000		2.3737  GBP
10 10/11p ordinary		Purchase		830		2.3740  GBP
10 10/11p ordinary		Purchase		781		2.4400  GBP
10 10/11p ordinary		Purchase		725		2.3840  GBP
10 10/11p ordinary		Purchase		713		2.3747  GBP
10 10/11p ordinary		Purchase		452		2.3601  GBP
10 10/11p ordinary		Sale		1,372,258		2.3718  GBP
10 10/11p ordinary		Sale		999,605		2.3600  GBP
10 10/11p ordinary		Sale		498,334		2.3637  GBP
10 10/11p ordinary		Sale		405,850		2.3977  GBP
10 10/11p ordinary		Sale		109,023		2.3730  GBP
10 10/11p ordinary		Sale		107,111		2.3725  GBP
10 10/11p ordinary		Sale		105,697		2.3690  GBP
10 10/11p ordinary		Sale		95,729		2.3905  GBP
10 10/11p ordinary		Sale		93,915		2.3915  GBP
10 10/11p ordinary		Sale		74,805		2.3685  GBP
10 10/11p ordinary		Sale		67,967		2.3599  GBP
10 10/11p ordinary		Sale		67,700		2.3817  GBP
10 10/11p ordinary		Sale		67,028		2.3653  GBP
10 10/11p ordinary		Sale		39,271		2.3641  GBP
10 10/11p ordinary		Sale		22,590		2.3657  GBP
10 10/11p ordinary		Sale		22,590		2.3565  GBP
10 10/11p ordinary		Sale		19,949		2.3701  GBP
10 10/11p ordinary		Sale		18,217		2.3651  GBP
10 10/11p ordinary		Sale		17,827		2.3884  GBP
ADR		Sale		17,424		12.2735  USD
ADR		Sale		15,680		12.3441  USD
10 10/11p ordinary		Sale		11,547		2.3717  GBP
10 10/11p ordinary		Sale		11,161		2.3606  GBP
10 10/11p ordinary		Sale		10,463		2.3750  GBP
10 10/11p ordinary		Sale		10,387		2.3702  GBP
10 10/11p ordinary		Sale		10,000		2.4342  GBP
10 10/11p ordinary		Sale		9,389		2.3800  GBP
10 10/11p ordinary		Sale		8,598		2.3680  GBP
10 10/11p ordinary		Sale		7,991		2.3796  GBP
10 10/11p ordinary		Sale		6,582		2.3675  GBP
10 10/11p ordinary		Sale		6,560		2.3671  GBP
10 10/11p ordinary		Sale		6,424		2.3780  GBP
10 10/11p ordinary		Sale		5,799		2.4820  GBP
10 10/11p ordinary		Sale		5,209		2.3732  GBP
10 10/11p ordinary		Sale		4,393		2.3803  GBP
10 10/11p ordinary		Sale		4,086		2.4880  GBP
10 10/11p ordinary		Sale		4,062		2.4440  GBP
10 10/11p ordinary		Sale		3,991		2.4320  GBP
10 10/11p ordinary		Sale		3,002		2.3810  GBP
10 10/11p ordinary		Sale		3,000		2.3640  GBP
10 10/11p ordinary		Sale		2,982		2.3573  GBP
10 10/11p ordinary		Sale		2,786		2.3614  GBP
10 10/11p ordinary		Sale		2,178		2.3660  GBP
10 10/11p ordinary		Sale		1,693		2.3802  GBP
10 10/11p ordinary		Sale		1,496		2.3700  GBP
10 10/11p ordinary		Sale		1,473		2.3706  GBP
10 10/11p ordinary		Sale		1,396		2.3580  GBP
10 10/11p ordinary		Sale		1,120		2.4300  GBP
10 10/11p ordinary		Sale		830		2.3740  GBP
10 10/11p ordinary		Sale		609		2.4099  GBP
10 10/11p ordinary		Sale		603		2.3782  GBP
10 10/11p ordinary		Sale		536		2.3520  GBP
10 10/11p ordinary		Sale		470		2.3630  GBP
10 10/11p ordinary		Sale		455		2.3560  GBP
10 10/11p ordinary		Sale		88		2.3812  GBP
10 10/11p ordinary		Sale		21		2.3760  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		16	2.3460  GBP
10 10/11p ordinary		SWAP		Decreasing Short		455	2.3560  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,590	2.3565  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,982	2.3573  GBP
10 10/11p ordinary		SWAP		Decreasing Short		2,841	2.3597  GBP
10 10/11p ordinary		SWAP		Decreasing Short		67,967	2.3599  GBP
10 10/11p ordinary		SWAP		Decreasing Short		11,161	2.3606  GBP
10 10/11p ordinary		SWAP		Decreasing Short		39,271	2.3641  GBP
10 10/11p ordinary		SWAP		Decreasing Short		35,140	2.3649  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,590	2.3653  GBP
10 10/11p ordinary		SWAP		Decreasing Short		22,590	2.3657  GBP
10 10/11p ordinary		SWAP		Decreasing Short		18,470	2.3688  GBP
10 10/11p ordinary		SWAP		Decreasing Short		56,475	2.3690  GBP
10 10/11p ordinary		SWAP		Decreasing Short		32,700	2.3693  GBP
10 10/11p ordinary		SWAP		Decreasing Short		47	2.3700  GBP
10 10/11p ordinary		SWAP		Decreasing Short		42,540	2.3704  GBP
10 10/11p ordinary		SWAP		Decreasing Short		8,688	2.3714  GBP
10 10/11p ordinary		SWAP		Decreasing Short		98,423	2.3726  GBP
10 10/11p ordinary		SWAP		Decreasing Short		36,941	2.3730  GBP
10 10/11p ordinary		SWAP		Decreasing Short		62,921	2.3752  GBP
10 10/11p ordinary		SWAP		Decreasing Short		15,022	2.3761  GBP
10 10/11p ordinary		SWAP		Decreasing Short		17,617	2.3777  GBP
10 10/11p ordinary		SWAP		Decreasing Short		7,991	2.3796  GBP
10 10/11p ordinary		SWAP		Decreasing Short		88	2.3811  GBP
10 10/11p ordinary		SWAP		Opening Long		93,915	2.3915  GBP
10 10/11p ordinary		SWAP		Increasing Long		35,000	2.3933  GBP
10 10/11p ordinary		SWAP		Increasing Long		405,850	2.3977  GBP
10 10/11p ordinary		SWAP		Increasing Long		609	2.4099  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,017	2.3570  GBP
10 10/11p ordinary		SWAP		Opening Short		627,208	2.3600  GBP
10 10/11p ordinary		SWAP		Increasing Short		452	2.3601  GBP
10 10/11p ordinary		SWAP		Increasing Short		248,320	2.3602  GBP
10 10/11p ordinary		SWAP		Increasing Short		125,217	2.3611  GBP
10 10/11p ordinary		SWAP		Increasing Short		3,206	2.3630  GBP
10 10/11p ordinary		SWAP		Increasing Short		2,481	2.3673  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,000	2.3737  GBP
10 10/11p ordinary		SWAP		Increasing Short		12,630	2.3776  GBP
10 10/11p ordinary		SWAP		Increasing Short		39,475	2.3783  GBP
10 10/11p ordinary		SWAP		Increasing Short		1,543	2.3805  GBP
10 10/11p ordinary		SWAP		Increasing Short		7,000	2.3807  GBP
10 10/11p ordinary		SWAP		Increasing Short		3,800	2.3861  GBP
10 10/11p ordinary		SWAP		Increasing Short		412	2.3898  GBP
10 10/11p ordinary		SWAP		Increasing Short		291	2.3962  GBP
10 10/11p ordinary		SWAP		Increasing Short		25,000	2.4458  GBP
10 10/11p ordinary		CFD		Decreasing Short		3,614	2.3523  GBP
10 10/11p ordinary		CFD		Decreasing Short		780,409	2.3600  GBP
10 10/11p ordinary		CFD		Decreasing Short		34,882	2.3936  GBP
10 10/11p ordinary		CFD		Decreasing Short		8,643	2.3997  GBP
10 10/11p ordinary		CFD		Decreasing Short		3,807	2.4289  GBP
10 10/11p ordinary		CFD		Increasing Short		33,669	2.3602  GBP
10 10/11p ordinary		CFD		Increasing Short		13,278	2.3614  GBP
10 10/11p ordinary		CFD		Increasing Short		6,372	2.4016  GBP
10 10/11p ordinary		CFD		Increasing Short		4,334	2.4119  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:				06 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END