Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

29 November 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				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				28 Nov 2024
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			22,251,397	1.70%	11,544,123	0.88%
(2)	Cash-settled derivatives:
	and/or controlled:			12,283,525	0.94%	18,789,790	1.43%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			34,534,922	2.63%	30,333,913	2.31%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10 10/11p ordinary		Purchase		878,667		2.2363  GBP
10 10/11p ordinary		Purchase		614,320		2.2507  GBP
10 10/11p ordinary		Purchase		539,113		2.2476  GBP
10 10/11p ordinary		Purchase		420,202		2.2402  GBP
10 10/11p ordinary		Purchase		313,989		2.2353  GBP
10 10/11p ordinary		Purchase		293,154		2.2493  GBP
10 10/11p ordinary		Purchase		200,000		2.2604  GBP
10 10/11p ordinary		Purchase		189,701		2.2082  GBP
10 10/11p ordinary		Purchase		158,613		2.2440  GBP
10 10/11p ordinary		Purchase		151,011		2.2410  GBP
10 10/11p ordinary		Purchase		138,971		2.2481  GBP
10 10/11p ordinary		Purchase		125,371		2.2482  GBP
10 10/11p ordinary		Purchase		107,947		2.2441  GBP
10 10/11p ordinary		Purchase		107,546		2.2421  GBP
10 10/11p ordinary		Purchase		107,155		2.2120  GBP
10 10/11p ordinary		Purchase		56,993		2.2238  GBP
10 10/11p ordinary		Purchase		35,202		2.2439  GBP
10 10/11p ordinary		Purchase		31,914		2.1501  GBP
10 10/11p ordinary		Purchase		29,199		2.2497  GBP
10 10/11p ordinary		Purchase		26,394		2.2401  GBP
10 10/11p ordinary		Purchase		19,148		2.2857  GBP
10 10/11p ordinary		Purchase		18,821		2.2168  GBP
10 10/11p ordinary		Purchase		18,100		2.2587  GBP
10 10/11p ordinary		Purchase		17,517		2.2357  GBP
10 10/11p ordinary		Purchase		15,901		2.2077  GBP
10 10/11p ordinary		Purchase		14,283		2.1837  GBP
10 10/11p ordinary		Purchase		13,441		2.2280  GBP
10 10/11p ordinary		Purchase		13,231		2.2185  GBP
10 10/11p ordinary		Purchase		12,615		2.2509  GBP
10 10/11p ordinary		Purchase		11,319		2.1987  GBP
10 10/11p ordinary		Purchase		7,683		2.2580  GBP
10 10/11p ordinary		Purchase		7,479		2.2300  GBP
10 10/11p ordinary		Purchase		7,265		2.2380  GBP
10 10/11p ordinary		Purchase		6,890		2.2287  GBP
10 10/11p ordinary		Purchase		6,741		2.2340  GBP
10 10/11p ordinary		Purchase		6,607		2.2408  GBP
10 10/11p ordinary		Purchase		5,820		2.2320  GBP
10 10/11p ordinary		Purchase		5,618		2.2640  GBP
10 10/11p ordinary		Purchase		5,331		2.2480  GBP
10 10/11p ordinary		Purchase		4,808		2.2360  GBP
10 10/11p ordinary		Purchase		4,735		2.2590  GBP
10 10/11p ordinary		Purchase		4,650		2.2600  GBP
10 10/11p ordinary		Purchase		4,316		2.2400  GBP
10 10/11p ordinary		Purchase		4,244		2.2740  GBP
10 10/11p ordinary		Purchase		4,125		2.2660  GBP
10 10/11p ordinary		Purchase		4,109		2.2460  GBP
10 10/11p ordinary		Purchase		4,003		2.2486  GBP
10 10/11p ordinary		Purchase		3,640		2.2495  GBP
10 10/11p ordinary		Purchase		3,026		2.2540  GBP
10 10/11p ordinary		Purchase		2,770		2.2560  GBP
10 10/11p ordinary		Purchase		2,749		2.2306  GBP
10 10/11p ordinary		Purchase		2,725		2.2435  GBP
10 10/11p ordinary		Purchase		2,631		2.2771  GBP
10 10/11p ordinary		Purchase		2,583		2.2900  GBP
10 10/11p ordinary		Purchase		2,548		2.2337  GBP
10 10/11p ordinary		Purchase		2,385		2.2365  GBP
10 10/11p ordinary		Purchase		2,327		2.2820  GBP
10 10/11p ordinary		Purchase		2,290		2.2880  GBP
10 10/11p ordinary		Purchase		2,224		2.2443  GBP
10 10/11p ordinary		Purchase		2,127		2.2827  GBP
10 10/11p ordinary		Purchase		1,798		2.2620  GBP
10 10/11p ordinary		Purchase		1,742		2.2700  GBP
10 10/11p ordinary		Purchase		1,709		2.2630  GBP
10 10/11p ordinary		Purchase		1,664		2.2260  GBP
10 10/11p ordinary		Purchase		1,636		2.2860  GBP
10 10/11p ordinary		Purchase		1,616		2.2840  GBP
10 10/11p ordinary		Purchase		1,603		2.2720  GBP
10 10/11p ordinary		Purchase		1,544		2.2470  GBP
10 10/11p ordinary		Purchase		1,402		2.2367  GBP
10 10/11p ordinary		Purchase		1,022		2.2520  GBP
10 10/11p ordinary		Purchase		891		2.2490  GBP
10 10/11p ordinary		Purchase		799		2.2436  GBP
10 10/11p ordinary		Purchase		567		2.2522  GBP
10 10/11p ordinary		Purchase		566		2.2680  GBP
10 10/11p ordinary		Purchase		524		2.2420  GBP
10 10/11p ordinary		Purchase		319		2.1940  GBP
10 10/11p ordinary		Purchase		226		2.2350  GBP
10 10/11p ordinary		Purchase		120		2.2220  GBP
10 10/11p ordinary		Purchase		115		2.2980  GBP
10 10/11p ordinary		Purchase		24		2.1740  GBP
10 10/11p ordinary		Purchase		10		2.2100  GBP
10 10/11p ordinary		Purchase		7		2.2020  GBP
10 10/11p ordinary		Purchase		5		2.2240  GBP
10 10/11p ordinary		Purchase		5		2.2060  GBP
10 10/11p ordinary		Purchase		2		2.2797  GBP
10 10/11p ordinary		Sale		754,944		2.2423  GBP
10 10/11p ordinary		Sale		727,436		2.2505  GBP
10 10/11p ordinary		Sale		618,252		2.2408  GBP
10 10/11p ordinary		Sale		401,876		2.2321  GBP
10 10/11p ordinary		Sale		367,294		2.2352  GBP
10 10/11p ordinary		Sale		253,509		2.2229  GBP
10 10/11p ordinary		Sale		249,439		2.2283  GBP
10 10/11p ordinary		Sale		227,100		2.2440  GBP
10 10/11p ordinary		Sale		191,640		2.2600  GBP
10 10/11p ordinary		Sale		151,011		2.2410  GBP
10 10/11p ordinary		Sale		133,503		2.2359  GBP
10 10/11p ordinary		Sale		128,513		2.2245  GBP
10 10/11p ordinary		Sale		113,322		2.3000  GBP
10 10/11p ordinary		Sale		111,020		2.2103  GBP
10 10/11p ordinary		Sale		109,829		2.2820  GBP
10 10/11p ordinary		Sale		102,646		2.2439  GBP
10 10/11p ordinary		Sale		93,991		2.2443  GBP
10 10/11p ordinary		Sale		65,020		2.2405  GBP
10 10/11p ordinary		Sale		57,864		2.2260  GBP
10 10/11p ordinary		Sale		57,786		2.2604  GBP
10 10/11p ordinary		Sale		50,507		2.2374  GBP
10 10/11p ordinary		Sale		48,189		2.2416  GBP
10 10/11p ordinary		Sale		41,355		2.2396  GBP
10 10/11p ordinary		Sale		39,772		2.2463  GBP
10 10/11p ordinary		Sale		32,803		2.2484  GBP
10 10/11p ordinary		Sale		23,050		2.2997  GBP
10 10/11p ordinary		Sale		22,702		2.2237  GBP
10 10/11p ordinary		Sale		19,148		2.2394  GBP
10 10/11p ordinary		Sale		16,827		2.2097  GBP
10 10/11p ordinary		Sale		15,367		2.2602  GBP
10 10/11p ordinary		Sale		13,842		2.2340  GBP
10 10/11p ordinary		Sale		13,441		2.2280  GBP
10 10/11p ordinary		Sale		12,947		2.2558  GBP
10 10/11p ordinary		Sale		12,378		2.2417  GBP
10 10/11p ordinary		Sale		12,012		2.2350  GBP
10 10/11p ordinary		Sale		10,424		2.2667  GBP
10 10/11p ordinary		Sale		8,023		2.2478  GBP
10 10/11p ordinary		Sale		7,683		2.2580  GBP
10 10/11p ordinary		Sale		7,479		2.2300  GBP
10 10/11p ordinary		Sale		7,165		2.2380  GBP
10 10/11p ordinary		Sale		6,849		2.2482  GBP
10 10/11p ordinary		Sale		6,553		2.2622  GBP
10 10/11p ordinary		Sale		6,412		2.2009  GBP
10 10/11p ordinary		Sale		5,618		2.2640  GBP
10 10/11p ordinary		Sale		5,331		2.2480  GBP
10 10/11p ordinary		Sale		5,331		2.2360  GBP
10 10/11p ordinary		Sale		5,155		2.2148  GBP
10 10/11p ordinary		Sale		4,735		2.2590  GBP
10 10/11p ordinary		Sale		4,316		2.2400  GBP
10 10/11p ordinary		Sale		4,199		2.2740  GBP
10 10/11p ordinary		Sale		4,125		2.2660  GBP
10 10/11p ordinary		Sale		4,109		2.2460  GBP
10 10/11p ordinary		Sale		3,484		2.2700  GBP
10 10/11p ordinary		Sale		3,026		2.2540  GBP
10 10/11p ordinary		Sale		2,764		2.2510  GBP
10 10/11p ordinary		Sale		2,467		2.2320  GBP
10 10/11p ordinary		Sale		2,398		2.2900  GBP
10 10/11p ordinary		Sale		2,290		2.2880  GBP
10 10/11p ordinary		Sale		2,028		2.2366  GBP
10 10/11p ordinary		Sale		1,975		2.2287  GBP
10 10/11p ordinary		Sale		1,798		2.2620  GBP
10 10/11p ordinary		Sale		1,709		2.2630  GBP
10 10/11p ordinary		Sale		1,636		2.2860  GBP
10 10/11p ordinary		Sale		1,616		2.2840  GBP
10 10/11p ordinary		Sale		1,603		2.2720  GBP
10 10/11p ordinary		Sale		1,544		2.2470  GBP
10 10/11p ordinary		Sale		1,382		2.2560  GBP
10 10/11p ordinary		Sale		1,022		2.2520  GBP
10 10/11p ordinary		Sale		566		2.2680  GBP
10 10/11p ordinary		Sale		537		2.2429  GBP
10 10/11p ordinary		Sale		446		2.2420  GBP
10 10/11p ordinary		Sale		319		2.1940  GBP
10 10/11p ordinary		Sale		240		2.2378  GBP
10 10/11p ordinary		Sale		185		2.2902  GBP
10 10/11p ordinary		Sale		120		2.2220  GBP
10 10/11p ordinary		Sale		115		2.2980  GBP
10 10/11p ordinary		Sale		27		2.2496  GBP
10 10/11p ordinary		Sale		24		2.1740  GBP
10 10/11p ordinary		Sale		10		2.2100  GBP
10 10/11p ordinary		Sale		7		2.2020  GBP
10 10/11p ordinary		Sale		5		2.2060  GBP
10 10/11p ordinary		Sale		5		2.2240  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10 10/11p ordinary		SWAP		Opening Long		206	2.1580  GBP
10 10/11p ordinary		SWAP		Increasing Long		20,447	2.1684  GBP
10 10/11p ordinary		SWAP		Increasing Long		1,385	2.1755  GBP
10 10/11p ordinary		SWAP		Increasing Long		12,217	2.1837  GBP
10 10/11p ordinary		SWAP		Increasing Long		28,760	2.1872  GBP
10 10/11p ordinary		SWAP		Increasing Long		9,681	2.1987  GBP
10 10/11p ordinary		SWAP		Increasing Long		13,599	2.2077  GBP
10 10/11p ordinary		SWAP		Increasing Long		16,827	2.2097  GBP
10 10/11p ordinary		SWAP		Increasing Long		111,020	2.2103  GBP
10 10/11p ordinary		SWAP		Increasing Long		253,509	2.2229  GBP
10 10/11p ordinary		SWAP		Increasing Long		128,513	2.2245  GBP
10 10/11p ordinary		SWAP		Increasing Long		1,975	2.2287  GBP
10 10/11p ordinary		SWAP		Increasing Long		2,278	2.2340  GBP
10 10/11p ordinary		SWAP		Increasing Long		20,000	2.2341  GBP
10 10/11p ordinary		SWAP		Increasing Long		14,983	2.2357  GBP
10 10/11p ordinary		SWAP		Increasing Long		18,139	2.2382  GBP
10 10/11p ordinary		SWAP		Increasing Long		12,378	2.2417  GBP
10 10/11p ordinary		SWAP		Increasing Long		102,646	2.2439  GBP
10 10/11p ordinary		SWAP		Increasing Long		231,011	2.2440  GBP
10 10/11p ordinary		SWAP		Increasing Long		134,368	2.2442  GBP
10 10/11p ordinary		SWAP		Increasing Long		6,321	2.2448  GBP
10 10/11p ordinary		SWAP		Increasing Long		180,940	2.2476  GBP
10 10/11p ordinary		SWAP		Increasing Long		67,342	2.2523  GBP
10 10/11p ordinary		SWAP		Increasing Long		15,367	2.2602  GBP
10 10/11p ordinary		SWAP		Increasing Long		6,553	2.2622  GBP
10 10/11p ordinary		SWAP		Increasing Long		27,440	2.2667  GBP
10 10/11p ordinary		SWAP		Increasing Long		107,500	2.2820  GBP
10 10/11p ordinary		SWAP		Increasing Long		23,050	2.2997  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,635	2.1562  GBP
10 10/11p ordinary		SWAP		Decreasing Long		18,821	2.2168  GBP
10 10/11p ordinary		SWAP		Decreasing Long		4,775	2.2199  GBP
10 10/11p ordinary		SWAP		Decreasing Long		27,410	2.2295  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,620	2.2300  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,994	2.2318  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1	2.2320  GBP
10 10/11p ordinary		SWAP		Decreasing Long		301,981	2.2353  GBP
10 10/11p ordinary		SWAP		Decreasing Long		76,865	2.2360  GBP
10 10/11p ordinary		SWAP		Decreasing Long		100	2.2380  GBP
10 10/11p ordinary		SWAP		Decreasing Long		799	2.2436  GBP
10 10/11p ordinary		SWAP		Decreasing Long		91,954	2.2439  GBP
10 10/11p ordinary		SWAP		Decreasing Long		4,003	2.2486  GBP
10 10/11p ordinary		SWAP		Decreasing Long		3	2.2493  GBP
10 10/11p ordinary		SWAP		Decreasing Long		567	2.2522  GBP
10 10/11p ordinary		SWAP		Decreasing Long		2,613	2.2534  GBP
10 10/11p ordinary		SWAP		Decreasing Long		62	2.2551  GBP
10 10/11p ordinary		SWAP		Decreasing Long		173,994	2.2555  GBP
10 10/11p ordinary		SWAP		Decreasing Long		18,100	2.2587  GBP
10 10/11p ordinary		SWAP		Decreasing Long		200,000	2.2604  GBP
10 10/11p ordinary		CFD		Opening Long		4,880	2.1955  GBP
10 10/11p ordinary		CFD		Increasing Long		25,000	2.2437  GBP
10 10/11p ordinary		CFD		Increasing Long		27	2.2496  GBP
10 10/11p ordinary		CFD		Increasing Long		10,424	2.2667  GBP
10 10/11p ordinary		CFD		Opening Short		49,411	2.1805  GBP
10 10/11p ordinary		CFD		Increasing Short		189,701	2.2082  GBP
10 10/11p ordinary		CFD		Increasing Short		141,173	2.2439  GBP
10 10/11p ordinary		CFD		Increasing Short		4,089	2.2775  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				29 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END