Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

10 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:			09 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:				14,033,004	1.07%	15,000,718	1.14%
(2) Cash-settled derivatives:				15,764,536	1.20%	11,285,210	0.86%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				29,797,540	2.27%	26,285,928	2.00%
Class of relevant security:				Convertible Bond 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	1,037,756	2.4840  GBP
10 10/11p ordinary	Purchase	342,666	2.4925  GBP
10 10/11p ordinary	Purchase	181,707	2.4937  GBP
10 10/11p ordinary	Purchase	51,159	2.4874  GBP
10 10/11p ordinary	Purchase	50,000	2.4977  GBP
10 10/11p ordinary	Purchase	45,316	2.5038  GBP
10 10/11p ordinary	Purchase	33,889	2.4974  GBP
10 10/11p ordinary	Purchase	21,800	2.4867  GBP
10 10/11p ordinary	Purchase	20,759	2.5014  GBP
10 10/11p ordinary	Purchase	19,442	2.5020  GBP
10 10/11p ordinary	Purchase	15,500	2.4887  GBP
10 10/11p ordinary	Purchase	15,410	2.5022  GBP
10 10/11p ordinary	Purchase	15,353	2.4856  GBP
10 10/11p ordinary	Purchase	15,000	2.4907  GBP
10 10/11p ordinary	Purchase	14,514	2.4863  GBP
10 10/11p ordinary	Purchase	11,718	2.4971  GBP
10 10/11p ordinary	Purchase	11,528	2.4995  GBP
10 10/11p ordinary	Purchase	11,029	2.5030  GBP
10 10/11p ordinary	Purchase	10,827	2.4891  GBP
10 10/11p ordinary	Purchase	10,600	2.5007  GBP
10 10/11p ordinary	Purchase	10,369	2.4952  GBP
10 10/11p ordinary	Purchase	6,900	2.5033  GBP
10 10/11p ordinary	Purchase	6,419	2.4981  GBP
10 10/11p ordinary	Purchase	6,000	2.5076  GBP
10 10/11p ordinary	Purchase	5,909	2.5043  GBP
10 10/11p ordinary	Purchase	5,800	2.4967  GBP
10 10/11p ordinary	Purchase	5,200	2.4894  GBP
10 10/11p ordinary	Purchase	4,084	2.4997  GBP
10 10/11p ordinary	Purchase	3,630	2.5004  GBP
10 10/11p ordinary	Purchase	2,920	2.4962  GBP
10 10/11p ordinary	Purchase	2,655	2.4987  GBP
10 10/11p ordinary	Purchase	2,605	2.5040  GBP
10 10/11p ordinary	Purchase	2,593	2.5010  GBP
10 10/11p ordinary	Purchase	1,361	2.4910  GBP
10 10/11p ordinary	Purchase	1,305	2.5000  GBP
10 10/11p ordinary	Purchase	1,131	2.4980  GBP
10 10/11p ordinary	Purchase	783	2.5060  GBP
10 10/11p ordinary	Purchase	1	2.4957  GBP
10 10/11p ordinary	Sale	304,089	2.4961  GBP
10 10/11p ordinary	Sale	222,986	2.5001  GBP
10 10/11p ordinary	Sale	175,510	2.4943  GBP
10 10/11p ordinary	Sale	140,229	2.4875  GBP
10 10/11p ordinary	Sale	125,378	2.4957  GBP
10 10/11p ordinary	Sale	115,588	2.4885  GBP
10 10/11p ordinary	Sale	96,840	2.4966  GBP
10 10/11p ordinary	Sale	92,744	2.4979  GBP
10 10/11p ordinary	Sale	84,588	2.4922  GBP
10 10/11p ordinary	Sale	82,310	2.4947  GBP
10 10/11p ordinary	Sale	58,884	2.4986  GBP
10 10/11p ordinary	Sale	34,215	2.4952  GBP
10 10/11p ordinary	Sale	23,617	2.4912  GBP
10 10/11p ordinary	Sale	23,460	2.4838  GBP
10 10/11p ordinary	Sale	22,200	2.5055  GBP
10 10/11p ordinary	Sale	17,721	2.4840  GBP
10 10/11p ordinary	Sale	16,220	2.4902  GBP
10 10/11p ordinary	Sale	13,813	2.4987  GBP
10 10/11p ordinary	Sale	13,122	2.5037  GBP
10 10/11p ordinary	Sale	12,460	2.4968  GBP
10 10/11p ordinary	Sale	9,911	2.5021  GBP
10 10/11p ordinary	Sale	8,227	2.5006  GBP
10 10/11p ordinary	Sale	8,092	2.5009  GBP
10 10/11p ordinary	Sale	8,039	2.4924  GBP
10 10/11p ordinary	Sale	7,048	2.4978  GBP
10 10/11p ordinary	Sale	6,796	2.4897  GBP
10 10/11p ordinary	Sale	6,586	2.5132  GBP
10 10/11p ordinary	Sale	6,389	2.4962  GBP
10 10/11p ordinary	Sale	4,563	2.4990  GBP
10 10/11p ordinary	Sale	3,687	2.5060  GBP
10 10/11p ordinary	Sale	3,403	2.4866  GBP
10 10/11p ordinary	Sale	3,106	2.4981  GBP
10 10/11p ordinary	Sale	2,376	2.4949  GBP
10 10/11p ordinary	Sale	1,748	2.5000  GBP
10 10/11p ordinary	Sale	1,578	2.5079  GBP
10 10/11p ordinary	Sale	1,282	2.4880  GBP
10 10/11p ordinary	Sale	1,131	2.4980  GBP
10 10/11p ordinary	Sale	1,116	2.5017  GBP
10 10/11p ordinary	Sale	744	2.4950  GBP
10 10/11p ordinary	Sale	72	2.4965  GBP
10 10/11p ordinary	Sale	1	2.4960  GBP
10 10/11p ordinary	Sale	1	2.4940  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	23,460	2.4838  GBP
10 10/11p ordinary	SWAP	Increasing Long	41,236	2.4840  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,403	2.4866  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,654	2.4874  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,220	2.4902  GBP
10 10/11p ordinary	SWAP	Increasing Long	175,510	2.4943  GBP
10 10/11p ordinary	SWAP	Increasing Long	94,788	2.4948  GBP
10 10/11p ordinary	SWAP	Increasing Long	54,364	2.4955  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,338	2.4957  GBP
10 10/11p ordinary	SWAP	Increasing Long	249,725	2.4962  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,460	2.4968  GBP
10 10/11p ordinary	SWAP	Increasing Long	45,532	2.4969  GBP
10 10/11p ordinary	SWAP	Increasing Long	64,317	2.4973  GBP
10 10/11p ordinary	SWAP	Increasing Long	52,191	2.4986  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,813	2.4987  GBP
10 10/11p ordinary	SWAP	Increasing Long	42,614	2.4988  GBP
10 10/11p ordinary	SWAP	Increasing Long	1	2.4998  GBP
10 10/11p ordinary	SWAP	Increasing Long	222,986	2.5001  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,116	2.5017  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,535	2.5018  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,634	2.5019  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,714	2.5043  GBP
10 10/11p ordinary	SWAP	Increasing Long	22,200	2.5055  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,687	2.5060  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,650	2.5074  GBP
10 10/11p ordinary	SWAP	Decreasing Long	26,065	2.4840  GBP
10 10/11p ordinary	SWAP	Decreasing Long	60,409	2.4847  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,353	2.4856  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,514	2.4863  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,800	2.4867  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,500	2.4887  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,827	2.4891  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,200	2.4894  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,000	2.4907  GBP
10 10/11p ordinary	SWAP	Decreasing Long	50,000	2.4937  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,369	2.4952  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,920	2.4962  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,800	2.4967  GBP
10 10/11p ordinary	SWAP	Decreasing Long	33,889	2.4974  GBP
10 10/11p ordinary	SWAP	Decreasing Long	50,000	2.4977  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6	2.4980  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,419	2.4981  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,388	2.4999  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,600	2.5007  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,539	2.5010  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,315	2.5022  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,736	2.5039  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,444	2.5055  GBP
10 10/11p ordinary	SWAP	Decreasing Long	783	2.5060  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,387	2.5066  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,320	2.4856  GBP
10 10/11p ordinary	CFD	Increasing Short	880,800	2.4840  GBP
10 10/11p ordinary	CFD	Increasing Short	6,321	2.4841  GBP
10 10/11p ordinary	CFD	Increasing Short	11,059	2.4932  GBP
10 10/11p ordinary	CFD	Increasing Short	1,131	2.4980  GBP
10 10/11p ordinary	CFD	Increasing Short	63,514	2.5027  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:				10 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END