Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

16 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:			13 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:				9,529,406	0.73%	13,493,773	1.03%
(2) Cash-settled derivatives:				14,260,099	1.09%	7,522,535	0.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,789,505	1.81%	21,016,308	1.60%
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	810,563	2.4680  GBP
10 10/11p ordinary	Purchase	277,126	2.4689  GBP
10 10/11p ordinary	Purchase	194,228	2.4681  GBP
10 10/11p ordinary	Purchase	60,552	2.4634  GBP
10 10/11p ordinary	Purchase	50,500	2.4767  GBP
10 10/11p ordinary	Purchase	31,300	2.4783  GBP
10 10/11p ordinary	Purchase	31,162	2.4771  GBP
10 10/11p ordinary	Purchase	25,465	2.4778  GBP
10 10/11p ordinary	Purchase	15,900	2.4713  GBP
10 10/11p ordinary	Purchase	14,652	2.4796  GBP
10 10/11p ordinary	Purchase	13,470	2.4795  GBP
10 10/11p ordinary	Purchase	11,987	2.4760  GBP
10 10/11p ordinary	Purchase	9,600	2.4663  GBP
10 10/11p ordinary	Purchase	8,814	2.4773  GBP
10 10/11p ordinary	Purchase	7,452	2.4759  GBP
10 10/11p ordinary	Purchase	6,934	2.4761  GBP
10 10/11p ordinary	Purchase	6,788	2.4745  GBP
10 10/11p ordinary	Purchase	6,066	2.4736  GBP
10 10/11p ordinary	Purchase	5,567	2.4829  GBP
10 10/11p ordinary	Purchase	5,139	2.4740  GBP
10 10/11p ordinary	Purchase	4,433	2.4800  GBP
10 10/11p ordinary	Purchase	3,968	2.4756  GBP
10 10/11p ordinary	Purchase	3,370	2.4770  GBP
10 10/11p ordinary	Purchase	2,420	2.4697  GBP
10 10/11p ordinary	Purchase	2,042	2.4820  GBP
10 10/11p ordinary	Purchase	1,880	2.4748  GBP
10 10/11p ordinary	Purchase	1,879	2.4766  GBP
10 10/11p ordinary	Purchase	1,529	2.4866  GBP
10 10/11p ordinary	Purchase	1,060	2.4860  GBP
10 10/11p ordinary	Purchase	969	2.4590  GBP
10 10/11p ordinary	Purchase	926	2.4780  GBP
10 10/11p ordinary	Purchase	274	2.4880  GBP
10 10/11p ordinary	Purchase	251	2.4762  GBP
10 10/11p ordinary	Purchase	68	2.4700  GBP
10 10/11p ordinary	Sale	423,485	2.4680  GBP
10 10/11p ordinary	Sale	358,863	2.4700  GBP
10 10/11p ordinary	Sale	128,734	2.4460  GBP
10 10/11p ordinary	Sale	107,653	2.4721  GBP
10 10/11p ordinary	Sale	49,534	2.4732  GBP
10 10/11p ordinary	Sale	41,792	2.4736  GBP
10 10/11p ordinary	Sale	32,248	2.4679  GBP
10 10/11p ordinary	Sale	28,396	2.4752  GBP
10 10/11p ordinary	Sale	21,058	2.4619  GBP
10 10/11p ordinary	Sale	20,271	2.4761  GBP
10 10/11p ordinary	Sale	13,222	2.4631  GBP
10 10/11p ordinary	Sale	10,323	2.4766  GBP
10 10/11p ordinary	Sale	9,354	2.4849  GBP
10 10/11p ordinary	Sale	7,228	2.4785  GBP
10 10/11p ordinary	Sale	6,788	2.4748  GBP
10 10/11p ordinary	Sale	6,191	2.4770  GBP
10 10/11p ordinary	Sale	5,557	2.4745  GBP
10 10/11p ordinary	Sale	5,390	2.4530  GBP
10 10/11p ordinary	Sale	5,386	2.4665  GBP
10 10/11p ordinary	Sale	3,770	2.4780  GBP
10 10/11p ordinary	Sale	3,458	2.4814  GBP
10 10/11p ordinary	Sale	3,298	2.4678  GBP
10 10/11p ordinary	Sale	3,214	2.4790  GBP
10 10/11p ordinary	Sale	2,285	2.4760  GBP
10 10/11p ordinary	Sale	1,880	2.4750  GBP
10 10/11p ordinary	Sale	1,308	2.4674  GBP
10 10/11p ordinary	Sale	1,060	2.4860  GBP
10 10/11p ordinary	Sale	969	2.4590  GBP
10 10/11p ordinary	Sale	785	2.4720  GBP
10 10/11p ordinary	Sale	732	2.4580  GBP
10 10/11p ordinary	Sale	650	2.4740  GBP
10 10/11p ordinary	Sale	450	2.4850  GBP
10 10/11p ordinary	Sale	339	2.4739  GBP
10 10/11p ordinary	Sale	260	2.4820  GBP
10 10/11p ordinary	Sale	68	2.4702  GBP
10 10/11p ordinary	Sale	36	2.4800  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	5,386	2.4665  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,480	2.4678  GBP
10 10/11p ordinary	SWAP	Increasing Long	32,248	2.4679  GBP
10 10/11p ordinary	SWAP	Increasing Long	917	2.4680  GBP
10 10/11p ordinary	SWAP	Increasing Long	104,917	2.4721  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,509	2.4733  GBP
10 10/11p ordinary	SWAP	Increasing Long	339	2.4739  GBP
10 10/11p ordinary	SWAP	Increasing Long	385	2.4760  GBP
10 10/11p ordinary	SWAP	Increasing Long	20,271	2.4761  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,716	2.4780  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,977	2.4805  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,458	2.4814  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,354	2.4849  GBP
10 10/11p ordinary	SWAP	Decreasing Long	600	2.4600  GBP
10 10/11p ordinary	SWAP	Decreasing Long	30,299	2.4665  GBP
10 10/11p ordinary	SWAP	Decreasing Long	636,303	2.4680  GBP
10 10/11p ordinary	SWAP	Decreasing Long	48,199	2.4686  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,420	2.4697  GBP
10 10/11p ordinary	SWAP	Decreasing Long	140,050	2.4719  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,066	2.4736  GBP
10 10/11p ordinary	SWAP	Decreasing Long	585	2.4740  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,497	2.4752  GBP
10 10/11p ordinary	SWAP	Decreasing Long	195	2.4754  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,934	2.4761  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,535	2.4762  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,717	2.4767  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,509	2.4774  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,120	2.4787  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,237	2.4788  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,470	2.4795  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,652	2.4796  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,700	2.4800  GBP
10 10/11p ordinary	SWAP	Decreasing Long	326	2.4819  GBP
10 10/11p ordinary	CFD	Decreasing Short	257,468	2.4459  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,104	2.4770  GBP
10 10/11p ordinary	CFD	Increasing Short	128,734	2.4459  GBP
10 10/11p ordinary	CFD	Increasing Short	5,172	2.4768  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:				16 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END