Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

20 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:			19 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:				9,659,030	0.74%	14,355,948	1.09%
(2) Cash-settled derivatives:				13,832,260	1.05%	7,508,976	0.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,491,290	1.79%	21,864,924	1.67%
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	164,510	2.4240  GBP
10 10/11p ordinary	Purchase	137,663	2.4238  GBP
10 10/11p ordinary	Purchase	97,685	2.4239  GBP
10 10/11p ordinary	Purchase	77,825	2.4158  GBP
10 10/11p ordinary	Purchase	43,620	2.4172  GBP
10 10/11p ordinary	Purchase	26,902	2.4206  GBP
10 10/11p ordinary	Purchase	18,400	2.4143  GBP
10 10/11p ordinary	Purchase	6,802	2.4123  GBP
10 10/11p ordinary	Purchase	6,301	2.4184  GBP
10 10/11p ordinary	Purchase	6,034	2.4160  GBP
10 10/11p ordinary	Purchase	6,000	2.4177  GBP
10 10/11p ordinary	Purchase	5,372	2.4140  GBP
10 10/11p ordinary	Purchase	4,008	2.4155  GBP
10 10/11p ordinary	Purchase	3,979	2.4162  GBP
10 10/11p ordinary	Purchase	3,865	2.4193  GBP
10 10/11p ordinary	Purchase	3,796	2.4180  GBP
10 10/11p ordinary	Purchase	2,969	2.4136  GBP
10 10/11p ordinary	Purchase	2,252	2.4200  GBP
10 10/11p ordinary	Purchase	997	2.4178  GBP
10 10/11p ordinary	Purchase	903	2.4192  GBP
10 10/11p ordinary	Purchase	764	2.4175  GBP
ADR	Purchase	16	11.9100  USD
10 10/11p ordinary	Purchase	9	2.4153  GBP
10 10/11p ordinary	Sale	1,289,298	2.4240  GBP
10 10/11p ordinary	Sale	418,230	2.4222  GBP
10 10/11p ordinary	Sale	124,800	2.4220  GBP
10 10/11p ordinary	Sale	102,086	2.4149  GBP
10 10/11p ordinary	Sale	78,104	2.4177  GBP
10 10/11p ordinary	Sale	45,876	2.4145  GBP
10 10/11p ordinary	Sale	38,505	2.4172  GBP
10 10/11p ordinary	Sale	17,336	2.4138  GBP
10 10/11p ordinary	Sale	12,948	2.4140  GBP
10 10/11p ordinary	Sale	12,080	2.4163  GBP
10 10/11p ordinary	Sale	9,343	2.4146  GBP
10 10/11p ordinary	Sale	9,080	2.4239  GBP
10 10/11p ordinary	Sale	8,811	2.4141  GBP
10 10/11p ordinary	Sale	5,896	2.4153  GBP
10 10/11p ordinary	Sale	5,476	2.4196  GBP
10 10/11p ordinary	Sale	4,817	2.4144  GBP
10 10/11p ordinary	Sale	3,895	2.4160  GBP
10 10/11p ordinary	Sale	3,827	2.4161  GBP
10 10/11p ordinary	Sale	2,052	2.4152  GBP
10 10/11p ordinary	Sale	813	2.4120  GBP
10 10/11p ordinary	Sale	779	2.4169  GBP
10 10/11p ordinary	Sale	760	2.4100  GBP
10 10/11p ordinary	Sale	668	2.4180  GBP
10 10/11p ordinary	Sale	578	2.4185  GBP
ADR	Sale	16	11.9100  USD
(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	2,347	2.4132  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,000	2.4137  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,096	2.4138  GBP
10 10/11p ordinary	SWAP	Increasing Long	45,876	2.4145  GBP
10 10/11p ordinary	SWAP	Increasing Long	102,086	2.4149  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,673	2.4155  GBP
10 10/11p ordinary	SWAP	Increasing Long	38,165	2.4159  GBP
10 10/11p ordinary	SWAP	Increasing Long	38,051	2.4182  GBP
10 10/11p ordinary	SWAP	Increasing Long	578	2.4185  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,476	2.4196  GBP
10 10/11p ordinary	SWAP	Increasing Long	124,800	2.4220  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,929	2.4230  GBP
10 10/11p ordinary	SWAP	Increasing Long	201,777	2.4239  GBP
10 10/11p ordinary	SWAP	Increasing Long	115,406	2.4240  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,802	2.4123  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,250	2.4153  GBP
10 10/11p ordinary	SWAP	Decreasing Long	588	2.4155  GBP
10 10/11p ordinary	SWAP	Decreasing Long	659	2.4160  GBP
10 10/11p ordinary	SWAP	Decreasing Long	274	2.4161  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,979	2.4162  GBP
10 10/11p ordinary	SWAP	Decreasing Long	283	2.4165  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,620	2.4172  GBP
10 10/11p ordinary	SWAP	Decreasing Long	764	2.4174  GBP
10 10/11p ordinary	SWAP	Decreasing Long	997	2.4178  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,514	2.4180  GBP
10 10/11p ordinary	SWAP	Decreasing Long	903	2.4192  GBP
10 10/11p ordinary	SWAP	Decreasing Long	26,902	2.4206  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,631	2.4209  GBP
10 10/11p ordinary	SWAP	Decreasing Long	134,175	2.4235  GBP
10 10/11p ordinary	SWAP	Decreasing Long	141,560	2.4240  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5	2.4243  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:				20 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END