Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

17 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:			16 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:				10,821,415	0.83%	13,068,530	1.00%
(2) Cash-settled derivatives:				13,798,916	1.05%	10,693,776	0.82%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,620,331	1.88%	23,762,306	1.81%
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	214,174	2.6086  GBP
10 10/11p ordinary	Purchase	150,784	2.6179  GBP
10 10/11p ordinary	Purchase	124,408	2.6089  GBP
10 10/11p ordinary	Purchase	94,271	2.6177  GBP
10 10/11p ordinary	Purchase	63,168	2.6112  GBP
10 10/11p ordinary	Purchase	43,609	2.6180  GBP
10 10/11p ordinary	Purchase	40,725	2.6100  GBP
10 10/11p ordinary	Purchase	39,168	2.6133  GBP
10 10/11p ordinary	Purchase	38,962	2.6108  GBP
10 10/11p ordinary	Purchase	35,167	2.6019  GBP
10 10/11p ordinary	Purchase	29,829	2.6087  GBP
10 10/11p ordinary	Purchase	28,200	2.6037  GBP
ADR	Purchase	12,200	12.6480  USD
10 10/11p ordinary	Purchase	8,447	2.6097  GBP
10 10/11p ordinary	Purchase	8,099	2.6092  GBP
10 10/11p ordinary	Purchase	3,860	2.6046  GBP
10 10/11p ordinary	Purchase	2,778	2.6155  GBP
10 10/11p ordinary	Purchase	2,753	2.6140  GBP
10 10/11p ordinary	Purchase	2,725	2.6113  GBP
10 10/11p ordinary	Purchase	1,906	2.6120  GBP
10 10/11p ordinary	Purchase	1,829	2.6075  GBP
10 10/11p ordinary	Purchase	1,276	2.6020  GBP
10 10/11p ordinary	Purchase	1,077	2.6060  GBP
10 10/11p ordinary	Purchase	781	2.6040  GBP
10 10/11p ordinary	Purchase	429	2.6080  GBP
10 10/11p ordinary	Purchase	178	2.5980  GBP
10 10/11p ordinary	Sale	373,841	2.6165  GBP
10 10/11p ordinary	Sale	310,733	2.6180  GBP
10 10/11p ordinary	Sale	145,423	2.6137  GBP
10 10/11p ordinary	Sale	40,512	2.6037  GBP
10 10/11p ordinary	Sale	36,755	2.6006  GBP
10 10/11p ordinary	Sale	21,065	2.6082  GBP
10 10/11p ordinary	Sale	20,244	2.6100  GBP
10 10/11p ordinary	Sale	17,630	2.6130  GBP
ADR	Sale	12,200	12.6480  USD
10 10/11p ordinary	Sale	9,092	2.6197  GBP
10 10/11p ordinary	Sale	7,584	2.6107  GBP
10 10/11p ordinary	Sale	6,157	2.6101  GBP
10 10/11p ordinary	Sale	5,760	2.6063  GBP
10 10/11p ordinary	Sale	4,545	2.6105  GBP
10 10/11p ordinary	Sale	3,984	2.6125  GBP
10 10/11p ordinary	Sale	3,970	2.6111  GBP
10 10/11p ordinary	Sale	3,899	2.6020  GBP
10 10/11p ordinary	Sale	1,775	2.6099  GBP
10 10/11p ordinary	Sale	1,576	2.6040  GBP
10 10/11p ordinary	Sale	1,077	2.6060  GBP
10 10/11p ordinary	Sale	178	2.5980  GBP
10 10/11p ordinary	Sale	174	2.6080  GBP
10 10/11p ordinary	Sale	31	2.6143  GBP
10 10/11p ordinary	Sale	31	2.6140  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	36,755	2.6006  GBP
10 10/11p ordinary	SWAP	Increasing Long	23,300	2.6012  GBP
10 10/11p ordinary	SWAP	Increasing Long	795	2.6040  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,986	2.6056  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,775	2.6099  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,157	2.6101  GBP
10 10/11p ordinary	SWAP	Increasing Long	104,400	2.6143  GBP
10 10/11p ordinary	SWAP	Increasing Long	95,992	2.6167  GBP
10 10/11p ordinary	SWAP	Increasing Long	256,761	2.6180  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,093	2.6053  GBP
10 10/11p ordinary	SWAP	Decreasing Long	255	2.6080  GBP
10 10/11p ordinary	SWAP	Decreasing Long	247,824	2.6086  GBP
10 10/11p ordinary	SWAP	Decreasing Long	42,407	2.6089  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,336	2.6090  GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,780	2.6092  GBP
10 10/11p ordinary	SWAP	Decreasing Long	54,204	2.6111  GBP
10 10/11p ordinary	SWAP	Decreasing Long	26,013	2.6121  GBP
10 10/11p ordinary	SWAP	Decreasing Long	39,168	2.6133  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,922	2.6140  GBP
10 10/11p ordinary	SWAP	Decreasing Long	940	2.6174  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,555	2.6175  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,642	2.6180  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,985	2.6240  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,669	2.6110  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,200	2.6129  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:				17 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END