Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

20 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:			17 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:				12,100,333	0.92%	12,734,573	0.97%
(2) Cash-settled derivatives:				13,438,906	1.02%	11,947,441	0.91%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,539,239	1.95%	24,682,014	1.88%
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	1,026,330	2.6276  GBP
10 10/11p ordinary	Purchase	579,427	2.6251  GBP
10 10/11p ordinary	Purchase	274,735	2.6180  GBP
10 10/11p ordinary	Purchase	188,194	2.6172  GBP
10 10/11p ordinary	Purchase	180,000	2.6213  GBP
10 10/11p ordinary	Purchase	76,242	2.6259  GBP
10 10/11p ordinary	Purchase	49,939	2.6210  GBP
10 10/11p ordinary	Purchase	45,494	2.6255  GBP
10 10/11p ordinary	Purchase	29,518	2.6239  GBP
10 10/11p ordinary	Purchase	26,354	2.6245  GBP
10 10/11p ordinary	Purchase	22,564	2.6225  GBP
10 10/11p ordinary	Purchase	20,688	2.6266  GBP
10 10/11p ordinary	Purchase	14,298	2.6220  GBP
10 10/11p ordinary	Purchase	7,897	2.6240  GBP
10 10/11p ordinary	Purchase	7,157	2.6202  GBP
10 10/11p ordinary	Purchase	7,123	2.6166  GBP
10 10/11p ordinary	Purchase	4,074	2.6150  GBP
10 10/11p ordinary	Purchase	3,180	2.6200  GBP
10 10/11p ordinary	Purchase	1,578	2.6223  GBP
10 10/11p ordinary	Purchase	1,238	2.6222  GBP
10 10/11p ordinary	Purchase	656	2.6340  GBP
10 10/11p ordinary	Purchase	420	2.6300  GBP
10 10/11p ordinary	Purchase	163	2.5860  GBP
10 10/11p ordinary	Purchase	112	2.6320  GBP
10 10/11p ordinary	Sale	369,184	2.6256  GBP
10 10/11p ordinary	Sale	111,580	2.6224  GBP
10 10/11p ordinary	Sale	100,035	2.6180  GBP
10 10/11p ordinary	Sale	83,666	2.6244  GBP
10 10/11p ordinary	Sale	68,278	2.6234  GBP
10 10/11p ordinary	Sale	34,420	2.6235  GBP
10 10/11p ordinary	Sale	30,355	2.6245  GBP
10 10/11p ordinary	Sale	26,994	2.6249  GBP
10 10/11p ordinary	Sale	20,254	2.6220  GBP
10 10/11p ordinary	Sale	17,310	2.6239  GBP
10 10/11p ordinary	Sale	13,991	2.6246  GBP
10 10/11p ordinary	Sale	11,611	2.6238  GBP
10 10/11p ordinary	Sale	11,534	2.6159  GBP
10 10/11p ordinary	Sale	10,857	2.6248  GBP
10 10/11p ordinary	Sale	9,763	2.6240  GBP
10 10/11p ordinary	Sale	7,671	2.6247  GBP
10 10/11p ordinary	Sale	5,759	2.6192  GBP
10 10/11p ordinary	Sale	3,721	2.6199  GBP
10 10/11p ordinary	Sale	3,483	2.6179  GBP
10 10/11p ordinary	Sale	3,180	2.6200  GBP
10 10/11p ordinary	Sale	3,107	2.6205  GBP
10 10/11p ordinary	Sale	2,602	2.6266  GBP
10 10/11p ordinary	Sale	1,895	2.6233  GBP
10 10/11p ordinary	Sale	1,851	2.6259  GBP
10 10/11p ordinary	Sale	656	2.6340  GBP
10 10/11p ordinary	Sale	420	2.6300  GBP
10 10/11p ordinary	Sale	170	2.6195  GBP
10 10/11p ordinary	Sale	112	2.6320  GBP
10 10/11p ordinary	Sale	47	2.6207  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	119	2.5860  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,235	2.6176  GBP
10 10/11p ordinary	SWAP	Increasing Long	25,800	2.6185  GBP
10 10/11p ordinary	SWAP	Increasing Long	170	2.6195  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,721	2.6199  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,107	2.6205  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,766	2.6218  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,480	2.6224  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,579	2.6234  GBP
10 10/11p ordinary	SWAP	Increasing Long	11,611	2.6238  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,577	2.6242  GBP
10 10/11p ordinary	SWAP	Increasing Long	30,355	2.6245  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,184	2.6248  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,177	2.6256  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,851	2.6259  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,534	2.6262  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,602	2.6266  GBP
10 10/11p ordinary	SWAP	Decreasing Long	163	2.5860  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,123	2.6166  GBP
10 10/11p ordinary	SWAP	Decreasing Long	295,039	2.6180  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,385	2.6181  GBP
10 10/11p ordinary	SWAP	Decreasing Long	219	2.6198  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,586	2.6199  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,352	2.6208  GBP
10 10/11p ordinary	SWAP	Decreasing Long	49,939	2.6210  GBP
10 10/11p ordinary	SWAP	Decreasing Long	180,000	2.6213  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,238	2.6222  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,578	2.6223  GBP
10 10/11p ordinary	SWAP	Decreasing Long	22,564	2.6225  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17,772	2.6228  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,613	2.6230  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,948	2.6238  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,630	2.6239  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,875	2.6242  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,206	2.6250  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,444	2.6251  GBP
10 10/11p ordinary	SWAP	Decreasing Long	30,054	2.6252  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,384	2.6253  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,558	2.6255  GBP
10 10/11p ordinary	SWAP	Decreasing Long	57,331	2.6258  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,507	2.6260  GBP
10 10/11p ordinary	SWAP	Decreasing Long	29,205	2.6261  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,923	2.6274  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,423	2.6238  GBP
10 10/11p ordinary	CFD	Increasing Short	2,116	2.6051  GBP
10 10/11p ordinary	CFD	Increasing Short	9,884	2.6069  GBP
10 10/11p ordinary	CFD	Increasing Short	1,026,330	2.6276  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 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END