Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

09 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				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:				06 Dec 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:			14,052,623	1.07%	15,264,105	1.16%
(2)	Cash-settled derivatives:
	and/or controlled:			16,031,339	1.22%	11,353,393	0.87%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			30,083,962	2.29%	26,617,498	2.03%
(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		3,102,911		2.5400  GBP
10 10/11p ordinary		Purchase		926,923		2.4920  GBP
10 10/11p ordinary		Purchase		895,737		2.5267  GBP
10 10/11p ordinary		Purchase		890,844		2.5001  GBP
10 10/11p ordinary		Purchase		552,729		2.5308  GBP
10 10/11p ordinary		Purchase		471,580		2.5290  GBP
10 10/11p ordinary		Purchase		468,271		2.5210  GBP
10 10/11p ordinary		Purchase		172,797		2.5093  GBP
10 10/11p ordinary		Purchase		130,006		2.5285  GBP
10 10/11p ordinary		Purchase		129,377		2.5300  GBP
10 10/11p ordinary		Purchase		107,835		2.5244  GBP
10 10/11p ordinary		Purchase		77,789		2.5291  GBP
10 10/11p ordinary		Purchase		75,592		2.4917  GBP
10 10/11p ordinary		Purchase		61,567		2.5152  GBP
10 10/11p ordinary		Purchase		44,946		2.5243  GBP
10 10/11p ordinary		Purchase		34,231		2.5374  GBP
10 10/11p ordinary		Purchase		24,192		2.5384  GBP
10 10/11p ordinary		Purchase		21,446		2.5288  GBP
10 10/11p ordinary		Purchase		19,998		2.5295  GBP
10 10/11p ordinary		Purchase		18,217		2.5198  GBP
10 10/11p ordinary		Purchase		10,294		2.5246  GBP
10 10/11p ordinary		Purchase		9,266		2.5218  GBP
10 10/11p ordinary		Purchase		9,164		2.5233  GBP
10 10/11p ordinary		Purchase		8,101		2.5377  GBP
10 10/11p ordinary		Purchase		7,976		2.5380  GBP
10 10/11p ordinary		Purchase		7,601		2.4973  GBP
10 10/11p ordinary		Purchase		7,133		2.5392  GBP
10 10/11p ordinary		Purchase		5,395		2.5299  GBP
10 10/11p ordinary		Purchase		4,771		2.5083  GBP
10 10/11p ordinary		Purchase		3,455		2.5516  GBP
10 10/11p ordinary		Purchase		2,538		2.5209  GBP
10 10/11p ordinary		Purchase		2,329		2.5279  GBP
10 10/11p ordinary		Purchase		1,878		2.5287  GBP
ADR		Purchase		1,600		12.8100  USD
10 10/11p ordinary		Purchase		1,592		2.5388  GBP
10 10/11p ordinary		Purchase		1,504		2.5275  GBP
10 10/11p ordinary		Purchase		1,391		2.5280  GBP
10 10/11p ordinary		Purchase		1,122		2.5220  GBP
10 10/11p ordinary		Purchase		459		2.5183  GBP
10 10/11p ordinary		Purchase		228		2.5193  GBP
10 10/11p ordinary		Sale		3,775,648		2.5282  GBP
10 10/11p ordinary		Sale		2,668,408		2.5380  GBP
10 10/11p ordinary		Sale		1,500,283		2.5277  GBP
10 10/11p ordinary		Sale		1,088,036		2.4920  GBP
10 10/11p ordinary		Sale		827,437		2.5234  GBP
10 10/11p ordinary		Sale		826,713		2.5251  GBP
10 10/11p ordinary		Sale		714,286		2.5382  GBP
10 10/11p ordinary		Sale		684,095		2.5159  GBP
10 10/11p ordinary		Sale		578,907		2.5233  GBP
10 10/11p ordinary		Sale		577,385		2.5356  GBP
10 10/11p ordinary		Sale		535,713		2.5335  GBP
10 10/11p ordinary		Sale		321,883		2.5216  GBP
10 10/11p ordinary		Sale		300,195		2.5290  GBP
10 10/11p ordinary		Sale		297,143		2.5241  GBP
10 10/11p ordinary		Sale		291,654		2.5296  GBP
10 10/11p ordinary		Sale		246,644		2.5260  GBP
10 10/11p ordinary		Sale		206,315		2.5400  GBP
10 10/11p ordinary		Sale		171,244		2.5262  GBP
10 10/11p ordinary		Sale		152,529		2.5255  GBP
10 10/11p ordinary		Sale		143,987		2.5362  GBP
10 10/11p ordinary		Sale		135,618		2.5284  GBP
10 10/11p ordinary		Sale		132,505		2.5381  GBP
10 10/11p ordinary		Sale		125,173		2.5208  GBP
10 10/11p ordinary		Sale		101,773		2.5049  GBP
10 10/11p ordinary		Sale		100,557		2.5368  GBP
10 10/11p ordinary		Sale		87,010		2.5371  GBP
10 10/11p ordinary		Sale		70,648		2.5210  GBP
10 10/11p ordinary		Sale		68,318		2.5311  GBP
10 10/11p ordinary		Sale		64,542		2.5222  GBP
10 10/11p ordinary		Sale		61,325		2.5243  GBP
10 10/11p ordinary		Sale		57,616		2.5272  GBP
10 10/11p ordinary		Sale		27,987		2.5363  GBP
10 10/11p ordinary		Sale		23,035		2.5292  GBP
10 10/11p ordinary		Sale		20,705		2.5312  GBP
10 10/11p ordinary		Sale		20,235		2.5286  GBP
10 10/11p ordinary		Sale		20,226		2.5275  GBP
10 10/11p ordinary		Sale		15,716		2.5200  GBP
10 10/11p ordinary		Sale		11,961		2.5271  GBP
10 10/11p ordinary		Sale		9,745		2.5211  GBP
10 10/11p ordinary		Sale		9,450		2.5299  GBP
10 10/11p ordinary		Sale		8,644		2.5270  GBP
10 10/11p ordinary		Sale		8,139		2.5279  GBP
10 10/11p ordinary		Sale		6,794		2.5329  GBP
10 10/11p ordinary		Sale		6,012		2.5273  GBP
10 10/11p ordinary		Sale		5,101		2.5197  GBP
10 10/11p ordinary		Sale		4,479		2.4974  GBP
10 10/11p ordinary		Sale		2,890		2.5322  GBP
10 10/11p ordinary		Sale		2,791		2.5300  GBP
ADR		Sale		1,600		12.8100  USD
10 10/11p ordinary		Sale		1,258		2.5150  GBP
10 10/11p ordinary		Sale		536		2.5280  GBP
10 10/11p ordinary		Sale		498		2.5099  GBP
10 10/11p ordinary		Sale		87		2.5140  GBP
10 10/11p ordinary		Sale		84		2.5376  GBP
10 10/11p ordinary		Sale		81		2.5012  GBP
10 10/11p ordinary		Sale		1		2.5310  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		Decreasing Short		492	2.4920  GBP
10 10/11p ordinary		SWAP		Decreasing Short		4,479	2.4973  GBP
10 10/11p ordinary		SWAP		Decreasing Short		81	2.5012  GBP
10 10/11p ordinary		SWAP		Decreasing Short		101,773	2.5049  GBP
10 10/11p ordinary		SWAP		Decreasing Short		498	2.5098  GBP
10 10/11p ordinary		SWAP		Decreasing Short		25,000	2.5101  GBP
10 10/11p ordinary		SWAP		Decreasing Short		449,833	2.5218  GBP
10 10/11p ordinary		SWAP		Opening Long		64,542	2.5222  GBP
10 10/11p ordinary		SWAP		Increasing Long		827,437	2.5234  GBP
10 10/11p ordinary		SWAP		Increasing Long		326,180	2.5241  GBP
10 10/11p ordinary		SWAP		Increasing Long		35,860	2.5243  GBP
10 10/11p ordinary		SWAP		Increasing Long		910,613	2.5251  GBP
10 10/11p ordinary		SWAP		Increasing Long		4,888	2.5256  GBP
10 10/11p ordinary		SWAP		Increasing Long		246,644	2.5260  GBP
10 10/11p ordinary		SWAP		Increasing Long		1,405	2.5262  GBP
10 10/11p ordinary		SWAP		Increasing Long		77,144	2.5271  GBP
10 10/11p ordinary		SWAP		Increasing Long		5,481	2.5273  GBP
10 10/11p ordinary		SWAP		Increasing Long		1,500,227	2.5277  GBP
10 10/11p ordinary		SWAP		Increasing Long		56	2.5278  GBP
10 10/11p ordinary		SWAP		Increasing Long		3,775,648	2.5282  GBP
10 10/11p ordinary		SWAP		Increasing Long		54,032	2.5290  GBP
10 10/11p ordinary		SWAP		Increasing Long		6,794	2.5329  GBP
10 10/11p ordinary		SWAP		Increasing Long		58,604	2.5333  GBP
10 10/11p ordinary		SWAP		Increasing Long		535,713	2.5335  GBP
10 10/11p ordinary		SWAP		Increasing Long		85,200	2.5341  GBP
10 10/11p ordinary		SWAP		Increasing Long		7,419	2.5345  GBP
10 10/11p ordinary		SWAP		Increasing Long		143,987	2.5362  GBP
10 10/11p ordinary		SWAP		Increasing Long		84	2.5376  GBP
10 10/11p ordinary		SWAP		Increasing Long		714,286	2.5382  GBP
10 10/11p ordinary		SWAP		Decreasing Long		39,458	2.3674  GBP
10 10/11p ordinary		SWAP		Decreasing Long		346,789	2.4954  GBP
10 10/11p ordinary		SWAP		Decreasing Long		223,821	2.4972  GBP
10 10/11p ordinary		SWAP		Decreasing Long		101,668	2.5011  GBP
10 10/11p ordinary		SWAP		Decreasing Long		4,771	2.5083  GBP
10 10/11p ordinary		SWAP		Decreasing Long		61,567	2.5152  GBP
10 10/11p ordinary		SWAP		Decreasing Long		15,000	2.5170  GBP
10 10/11p ordinary		SWAP		Decreasing Long		228	2.5193  GBP
10 10/11p ordinary		SWAP		Decreasing Long		432	2.5197  GBP
10 10/11p ordinary		SWAP		Decreasing Long		25,000	2.5222  GBP
10 10/11p ordinary		SWAP		Decreasing Long		10,294	2.5246  GBP
10 10/11p ordinary		SWAP		Decreasing Long		810	2.5265  GBP
10 10/11p ordinary		SWAP		Decreasing Long		3,246	2.5278  GBP
10 10/11p ordinary		SWAP		Decreasing Long		132,927	2.5285  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,878	2.5287  GBP
10 10/11p ordinary		SWAP		Decreasing Long		129,377	2.5300  GBP
10 10/11p ordinary		SWAP		Decreasing Long		500,000	2.5307  GBP
10 10/11p ordinary		SWAP		Decreasing Long		23,984	2.5309  GBP
10 10/11p ordinary		SWAP		Decreasing Long		34,231	2.5374  GBP
10 10/11p ordinary		SWAP		Decreasing Long		1,592	2.5388  GBP
10 10/11p ordinary		SWAP		Decreasing Long		3,455	2.5516  GBP
10 10/11p ordinary		CFD		Decreasing Short		881,931	2.4920  GBP
10 10/11p ordinary		CFD		Decreasing Short		30,000	2.5137  GBP
10 10/11p ordinary		CFD		Decreasing Short		3,636	2.5217  GBP
10 10/11p ordinary		CFD		Decreasing Short		90,269	2.5363  GBP
10 10/11p ordinary		CFD		Increasing Short		780,409	2.4920  GBP
10 10/11p ordinary		CFD		Increasing Short		11,188	2.4921  GBP
10 10/11p ordinary		CFD		Increasing Short		14,318	2.5192  GBP
10 10/11p ordinary		CFD		Increasing Short		1,600	2.5242  GBP
10 10/11p ordinary		CFD		Increasing Short		9,109	2.5288  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:				09 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END