Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

11 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:			10 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:				12,844,246	0.98%	15,330,513	1.17%
(2) Cash-settled derivatives:				16,093,181	1.23%	10,194,671	0.78%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				28,937,427	2.21%	25,525,184	1.95%
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	234,009	2.4728  GBP
10 10/11p ordinary	Purchase	203,260	2.4700  GBP
10 10/11p ordinary	Purchase	150,997	2.4735  GBP
10 10/11p ordinary	Purchase	87,990	2.4717  GBP
10 10/11p ordinary	Purchase	84,434	2.4712  GBP
10 10/11p ordinary	Purchase	73,109	2.4835  GBP
10 10/11p ordinary	Purchase	64,115	2.4707  GBP
10 10/11p ordinary	Purchase	41,186	2.4842  GBP
10 10/11p ordinary	Purchase	22,739	2.4793  GBP
10 10/11p ordinary	Purchase	22,334	2.4798  GBP
10 10/11p ordinary	Purchase	20,790	2.4738  GBP
10 10/11p ordinary	Purchase	14,669	2.4790  GBP
10 10/11p ordinary	Purchase	11,542	2.4766  GBP
10 10/11p ordinary	Purchase	11,407	2.4820  GBP
10 10/11p ordinary	Purchase	10,836	2.4676  GBP
10 10/11p ordinary	Purchase	9,759	2.4740  GBP
10 10/11p ordinary	Purchase	8,234	2.4940  GBP
10 10/11p ordinary	Purchase	5,870	2.4772  GBP
10 10/11p ordinary	Purchase	5,366	2.4784  GBP
10 10/11p ordinary	Purchase	5,062	2.4838  GBP
10 10/11p ordinary	Purchase	4,307	2.4817  GBP
10 10/11p ordinary	Purchase	4,121	2.4800  GBP
10 10/11p ordinary	Purchase	3,693	2.4816  GBP
10 10/11p ordinary	Purchase	3,675	2.4919  GBP
10 10/11p ordinary	Purchase	2,430	2.4774  GBP
10 10/11p ordinary	Purchase	2,052	2.4859  GBP
10 10/11p ordinary	Purchase	1,973	2.4916  GBP
10 10/11p ordinary	Purchase	1,688	2.4670  GBP
10 10/11p ordinary	Purchase	1,375	2.4722  GBP
10 10/11p ordinary	Purchase	1,090	2.4649  GBP
10 10/11p ordinary	Purchase	1,039	2.4692  GBP
10 10/11p ordinary	Purchase	619	2.4736  GBP
10 10/11p ordinary	Purchase	222	2.4745  GBP
10 10/11p ordinary	Purchase	169	2.4780  GBP
10 10/11p ordinary	Purchase	119	2.4860  GBP
10 10/11p ordinary	Sale	346,941	2.4786  GBP
10 10/11p ordinary	Sale	261,244	2.4718  GBP
10 10/11p ordinary	Sale	250,000	2.4727  GBP
10 10/11p ordinary	Sale	227,442	2.4710  GBP
10 10/11p ordinary	Sale	175,427	2.4783  GBP
10 10/11p ordinary	Sale	146,524	2.4773  GBP
10 10/11p ordinary	Sale	124,211	2.4735  GBP
10 10/11p ordinary	Sale	108,496	2.4745  GBP
10 10/11p ordinary	Sale	103,340	2.4698  GBP
10 10/11p ordinary	Sale	96,012	2.4789  GBP
10 10/11p ordinary	Sale	91,966	2.4709  GBP
10 10/11p ordinary	Sale	83,696	2.4749  GBP
10 10/11p ordinary	Sale	68,553	2.4699  GBP
10 10/11p ordinary	Sale	66,521	2.4820  GBP
10 10/11p ordinary	Sale	63,904	2.4700  GBP
10 10/11p ordinary	Sale	54,562	2.4775  GBP
10 10/11p ordinary	Sale	39,412	2.4714  GBP
10 10/11p ordinary	Sale	33,814	2.4746  GBP
10 10/11p ordinary	Sale	33,590	2.4766  GBP
10 10/11p ordinary	Sale	25,930	2.4740  GBP
10 10/11p ordinary	Sale	21,451	2.4802  GBP
10 10/11p ordinary	Sale	20,304	2.4770  GBP
10 10/11p ordinary	Sale	18,456	2.4795  GBP
10 10/11p ordinary	Sale	13,139	2.4661  GBP
10 10/11p ordinary	Sale	12,781	2.4788  GBP
10 10/11p ordinary	Sale	11,927	2.4787  GBP
10 10/11p ordinary	Sale	11,003	2.4806  GBP
10 10/11p ordinary	Sale	10,879	2.4763  GBP
10 10/11p ordinary	Sale	10,785	2.4731  GBP
10 10/11p ordinary	Sale	10,674	2.4724  GBP
10 10/11p ordinary	Sale	9,837	2.4793  GBP
10 10/11p ordinary	Sale	9,287	2.4725  GBP
10 10/11p ordinary	Sale	8,642	2.4790  GBP
10 10/11p ordinary	Sale	7,162	2.4716  GBP
10 10/11p ordinary	Sale	6,168	2.4764  GBP
10 10/11p ordinary	Sale	5,939	2.4720  GBP
10 10/11p ordinary	Sale	5,511	2.4777  GBP
10 10/11p ordinary	Sale	5,365	2.4791  GBP
10 10/11p ordinary	Sale	4,806	2.4739  GBP
10 10/11p ordinary	Sale	4,328	2.4703  GBP
10 10/11p ordinary	Sale	3,884	2.4631  GBP
10 10/11p ordinary	Sale	3,820	2.4772  GBP
10 10/11p ordinary	Sale	3,337	2.4807  GBP
10 10/11p ordinary	Sale	2,276	2.4768  GBP
10 10/11p ordinary	Sale	2,190	2.4688  GBP
10 10/11p ordinary	Sale	1,990	2.4785  GBP
10 10/11p ordinary	Sale	1,614	2.4674  GBP
10 10/11p ordinary	Sale	1,579	2.4708  GBP
10 10/11p ordinary	Sale	1,508	2.4691  GBP
10 10/11p ordinary	Sale	997	2.4800  GBP
10 10/11p ordinary	Sale	772	2.4680  GBP
10 10/11p ordinary	Sale	549	2.4796  GBP
10 10/11p ordinary	Sale	169	2.4780  GBP
10 10/11p ordinary	Sale	119	2.4860  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	46,800	2.4697  GBP
10 10/11p ordinary	SWAP	Increasing Long	103,340	2.4698  GBP
10 10/11p ordinary	SWAP	Increasing Long	38,216	2.4700  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,479	2.4716  GBP
10 10/11p ordinary	SWAP	Increasing Long	250,000	2.4718  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,363	2.4725  GBP
10 10/11p ordinary	SWAP	Increasing Long	250,000	2.4727  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,923	2.4729  GBP
10 10/11p ordinary	SWAP	Increasing Long	33,814	2.4746  GBP
10 10/11p ordinary	SWAP	Increasing Long	93,573	2.4747  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,745	2.4760  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,276	2.4768  GBP
10 10/11p ordinary	SWAP	Increasing Long	37,427	2.4772  GBP
10 10/11p ordinary	SWAP	Increasing Long	146,524	2.4773  GBP
10 10/11p ordinary	SWAP	Increasing Long	52,078	2.4775  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,239	2.4779  GBP
10 10/11p ordinary	SWAP	Increasing Long	175,427	2.4783  GBP
10 10/11p ordinary	SWAP	Increasing Long	292,738	2.4786  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,781	2.4788  GBP
10 10/11p ordinary	SWAP	Increasing Long	77,069	2.4789  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,837	2.4793  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,489	2.4795  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,224	2.4797  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,189	2.4799  GBP
10 10/11p ordinary	SWAP	Decreasing Long	117	2.4500  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,836	2.4676  GBP
10 10/11p ordinary	SWAP	Decreasing Long	72,374	2.4700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	47,347	2.4717  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,790	2.4738  GBP
10 10/11p ordinary	SWAP	Decreasing Long	222	2.4745  GBP
10 10/11p ordinary	SWAP	Decreasing Long	713	2.4767  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,031	2.4778  GBP
10 10/11p ordinary	SWAP	Decreasing Long	632	2.4779  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,265	2.4797  GBP
10 10/11p ordinary	SWAP	Decreasing Long	73,109	2.4835  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,186	2.4842  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,052	2.4859  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,298	2.4727  GBP
10 10/11p ordinary	CFD	Decreasing Short	2,588	2.4735  GBP
10 10/11p ordinary	CFD	Increasing Short	3,463	2.4701  GBP
10 10/11p ordinary	CFD	Increasing Short	11,278	2.4743  GBP
10 10/11p ordinary	CFD	Increasing Short	4,838	2.4941  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:				11 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END