Form 8.3 -DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

19 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:			18 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:				9,647,485	0.74%	12,769,001	0.97%
(2) Cash-settled derivatives:				13,527,016	1.03%	7,523,086	0.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,174,501	1.77%	20,292,087	1.55%
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	154,148	2.4300  GBP
10 10/11p ordinary	Purchase	147,033	2.4248  GBP
10 10/11p ordinary	Purchase	119,633	2.4281  GBP
10 10/11p ordinary	Purchase	69,971	2.4296  GBP
10 10/11p ordinary	Purchase	36,872	2.4283  GBP
10 10/11p ordinary	Purchase	31,502	2.4250  GBP
10 10/11p ordinary	Purchase	26,728	2.4260  GBP
10 10/11p ordinary	Purchase	20,205	2.4251  GBP
10 10/11p ordinary	Purchase	18,163	2.4234  GBP
10 10/11p ordinary	Purchase	16,307	2.4271  GBP
10 10/11p ordinary	Purchase	15,379	2.4232  GBP
10 10/11p ordinary	Purchase	6,758	2.4220  GBP
10 10/11p ordinary	Purchase	4,149	2.4245  GBP
10 10/11p ordinary	Purchase	4,108	2.4180  GBP
10 10/11p ordinary	Purchase	2,500	2.4261  GBP
10 10/11p ordinary	Purchase	1,882	2.4263  GBP
10 10/11p ordinary	Purchase	1,774	2.4225  GBP
10 10/11p ordinary	Purchase	1,604	2.4256  GBP
10 10/11p ordinary	Purchase	814	2.4280  GBP
10 10/11p ordinary	Purchase	477	2.4240  GBP
10 10/11p ordinary	Purchase	341	2.4264  GBP
10 10/11p ordinary	Purchase	31	2.4200  GBP
10 10/11p ordinary	Purchase	27	2.4276  GBP
10 10/11p ordinary	Purchase	8	2.4275  GBP
10 10/11p ordinary	Sale	200,865	2.4268  GBP
10 10/11p ordinary	Sale	148,152	2.4230  GBP
10 10/11p ordinary	Sale	74,190	2.4242  GBP
10 10/11p ordinary	Sale	74,011	2.4240  GBP
10 10/11p ordinary	Sale	70,630	2.4299  GBP
10 10/11p ordinary	Sale	26,900	2.4218  GBP
10 10/11p ordinary	Sale	26,859	2.4223  GBP
10 10/11p ordinary	Sale	22,430	2.4254  GBP
10 10/11p ordinary	Sale	4,870	2.4247  GBP
10 10/11p ordinary	Sale	4,108	2.4180  GBP
10 10/11p ordinary	Sale	4,019	2.4214  GBP
10 10/11p ordinary	Sale	3,493	2.4250  GBP
10 10/11p ordinary	Sale	3,121	2.4284  GBP
10 10/11p ordinary	Sale	2,872	2.4294  GBP
10 10/11p ordinary	Sale	1,754	2.4290  GBP
10 10/11p ordinary	Sale	1,523	2.4320  GBP
10 10/11p ordinary	Sale	1,414	2.4319  GBP
10 10/11p ordinary	Sale	381	2.4280  GBP
10 10/11p ordinary	Sale	81	2.4283  GBP
10 10/11p ordinary	Sale	51	2.4220  GBP
10 10/11p ordinary	Sale	10	2.4279  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	22,900	2.4211  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,019	2.4214  GBP
10 10/11p ordinary	SWAP	Increasing Long	148,152	2.4230  GBP
10 10/11p ordinary	SWAP	Increasing Long	34,556	2.4231  GBP
10 10/11p ordinary	SWAP	Increasing Long	70,677	2.4232  GBP
10 10/11p ordinary	SWAP	Increasing Long	116,858	2.4242  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,000	2.4258  GBP
10 10/11p ordinary	SWAP	Increasing Long	1	2.4277  GBP
10 10/11p ordinary	SWAP	Increasing Long	10	2.4279  GBP
10 10/11p ordinary	SWAP	Increasing Long	81	2.4284  GBP
10 10/11p ordinary	SWAP	Increasing Long	44,926	2.4295  GBP
10 10/11p ordinary	SWAP	Increasing Long	386	2.4298  GBP
10 10/11p ordinary	SWAP	Increasing Long	70,630	2.4299  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,571	2.4300  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,414	2.4319  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,013	2.4231  GBP
10 10/11p ordinary	SWAP	Decreasing Long	32	2.4240  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,149	2.4245  GBP
10 10/11p ordinary	SWAP	Decreasing Long	147,033	2.4248  GBP
10 10/11p ordinary	SWAP	Decreasing Long	54,288	2.4249  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,205	2.4251  GBP
10 10/11p ordinary	SWAP	Decreasing Long	395	2.4260  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,500	2.4261  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8	2.4280  GBP
10 10/11p ordinary	SWAP	Decreasing Long	36,872	2.4283  GBP
10 10/11p ordinary	SWAP	Decreasing Long	112,620	2.4284  GBP
10 10/11p ordinary	SWAP	Decreasing Long	122,728	2.4300  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,572	2.4320  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,323	2.4195  GBP
10 10/11p ordinary	CFD	Increasing Short	21,063	2.4260  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:				19 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END