Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

24 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:			23 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:				9,097,900	0.69%	13,983,046	1.07%
(2) Cash-settled derivatives:				14,734,334	1.12%	8,485,944	0.65%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,832,234	1.82%	22,468,990	1.71%
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	312,360	2.5078  GBP
10 10/11p ordinary	Purchase	302,483	2.5240  GBP
10 10/11p ordinary	Purchase	229,889	2.5214  GBP
10 10/11p ordinary	Purchase	208,674	2.5124  GBP
10 10/11p ordinary	Purchase	190,048	2.5127  GBP
10 10/11p ordinary	Purchase	184,308	2.5180  GBP
10 10/11p ordinary	Purchase	175,351	2.5252  GBP
10 10/11p ordinary	Purchase	104,703	2.5029  GBP
10 10/11p ordinary	Purchase	93,420	2.5184  GBP
10 10/11p ordinary	Purchase	60,500	2.5213  GBP
10 10/11p ordinary	Purchase	48,737	2.5171  GBP
10 10/11p ordinary	Purchase	47,691	2.5205  GBP
10 10/11p ordinary	Purchase	46,053	2.5101  GBP
10 10/11p ordinary	Purchase	40,253	2.5181  GBP
10 10/11p ordinary	Purchase	31,491	2.5100  GBP
10 10/11p ordinary	Purchase	28,349	2.5179  GBP
10 10/11p ordinary	Purchase	24,206	2.5260  GBP
10 10/11p ordinary	Purchase	23,388	2.5220  GBP
10 10/11p ordinary	Purchase	21,182	2.5129  GBP
10 10/11p ordinary	Purchase	20,624	2.5232  GBP
10 10/11p ordinary	Purchase	18,153	2.5200  GBP
10 10/11p ordinary	Purchase	16,154	2.5060  GBP
10 10/11p ordinary	Purchase	15,800	2.5062  GBP
10 10/11p ordinary	Purchase	15,019	2.5020  GBP
10 10/11p ordinary	Purchase	15,012	2.5065  GBP
10 10/11p ordinary	Purchase	14,273	2.5098  GBP
10 10/11p ordinary	Purchase	12,156	2.5031  GBP
10 10/11p ordinary	Purchase	11,916	2.5202  GBP
10 10/11p ordinary	Purchase	10,546	2.5044  GBP
10 10/11p ordinary	Purchase	10,200	2.5109  GBP
10 10/11p ordinary	Purchase	9,236	2.5140  GBP
10 10/11p ordinary	Purchase	7,254	2.5297  GBP
10 10/11p ordinary	Purchase	7,182	2.5080  GBP
10 10/11p ordinary	Purchase	5,861	2.5219  GBP
10 10/11p ordinary	Purchase	4,033	2.5077  GBP
10 10/11p ordinary	Purchase	3,815	2.5120  GBP
10 10/11p ordinary	Purchase	3,658	2.5210  GBP
10 10/11p ordinary	Purchase	2,677	2.5320  GBP
10 10/11p ordinary	Purchase	1,943	2.4967  GBP
10 10/11p ordinary	Purchase	1,788	2.5119  GBP
10 10/11p ordinary	Purchase	1,639	2.5050  GBP
ADR	Purchase	1,600	12.5300  USD
10 10/11p ordinary	Purchase	1,105	2.5160  GBP
10 10/11p ordinary	Purchase	495	2.4980  GBP
10 10/11p ordinary	Sale	294,885	2.5143  GBP
10 10/11p ordinary	Sale	288,677	2.5171  GBP
10 10/11p ordinary	Sale	167,058	2.5193  GBP
10 10/11p ordinary	Sale	152,059	2.5169  GBP
10 10/11p ordinary	Sale	80,762	2.5158  GBP
10 10/11p ordinary	Sale	71,918	2.5195  GBP
10 10/11p ordinary	Sale	48,265	2.5179  GBP
10 10/11p ordinary	Sale	45,907	2.5240  GBP
10 10/11p ordinary	Sale	40,489	2.5148  GBP
10 10/11p ordinary	Sale	28,791	2.5100  GBP
10 10/11p ordinary	Sale	23,119	2.5156  GBP
10 10/11p ordinary	Sale	22,669	2.5220  GBP
10 10/11p ordinary	Sale	16,944	2.5200  GBP
10 10/11p ordinary	Sale	15,719	2.5060  GBP
10 10/11p ordinary	Sale	15,478	2.5206  GBP
10 10/11p ordinary	Sale	13,945	2.5020  GBP
10 10/11p ordinary	Sale	12,224	2.5126  GBP
10 10/11p ordinary	Sale	11,769	2.5123  GBP
10 10/11p ordinary	Sale	9,000	2.5062  GBP
10 10/11p ordinary	Sale	8,154	2.5256  GBP
10 10/11p ordinary	Sale	8,073	2.5166  GBP
10 10/11p ordinary	Sale	7,576	2.5180  GBP
10 10/11p ordinary	Sale	7,182	2.5080  GBP
10 10/11p ordinary	Sale	5,790	2.5194  GBP
10 10/11p ordinary	Sale	5,617	2.5066  GBP
10 10/11p ordinary	Sale	5,000	2.4789  GBP
10 10/11p ordinary	Sale	4,312	2.5028  GBP
10 10/11p ordinary	Sale	3,815	2.5120  GBP
10 10/11p ordinary	Sale	3,658	2.5210  GBP
10 10/11p ordinary	Sale	2,677	2.5320  GBP
10 10/11p ordinary	Sale	2,401	2.5164  GBP
10 10/11p ordinary	Sale	2,030	2.4981  GBP
ADR	Sale	1,600	12.5300  USD
10 10/11p ordinary	Sale	1,477	2.5260  GBP
10 10/11p ordinary	Sale	1,175	2.5160  GBP
10 10/11p ordinary	Sale	692	2.5239  GBP
10 10/11p ordinary	Sale	495	2.4980  GBP
10 10/11p ordinary	Sale	241	2.5119  GBP
10 10/11p ordinary	Sale	56	2.5300  GBP
10 10/11p ordinary	Sale	43	2.5234  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	18,532	2.4070  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,030	2.4981  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,312	2.5028  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,568	2.5031  GBP
10 10/11p ordinary	SWAP	Increasing Long	241	2.5119  GBP
10 10/11p ordinary	SWAP	Increasing Long	152,059	2.5169  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,200	2.5170  GBP
10 10/11p ordinary	SWAP	Increasing Long	288,677	2.5171  GBP
10 10/11p ordinary	SWAP	Increasing Long	93,588	2.5191  GBP
10 10/11p ordinary	SWAP	Increasing Long	137,476	2.5194  GBP
10 10/11p ordinary	SWAP	Increasing Long	43	2.5234  GBP
10 10/11p ordinary	SWAP	Increasing Long	131,900	2.5237  GBP
10 10/11p ordinary	SWAP	Increasing Long	34,052	2.5238  GBP
10 10/11p ordinary	SWAP	Increasing Long	674	2.5239  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,123	2.5240  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,899	2.5297  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,943	2.4967  GBP
10 10/11p ordinary	SWAP	Decreasing Long	108	2.4981  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3	2.4982  GBP
10 10/11p ordinary	SWAP	Decreasing Long	40	2.5001  GBP
10 10/11p ordinary	SWAP	Decreasing Long	26	2.5015  GBP
10 10/11p ordinary	SWAP	Decreasing Long	515	2.5018  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12	2.5022  GBP
10 10/11p ordinary	SWAP	Decreasing Long	172	2.5027  GBP
10 10/11p ordinary	SWAP	Decreasing Long	292	2.5032  GBP
10 10/11p ordinary	SWAP	Decreasing Long	145	2.5036  GBP
10 10/11p ordinary	SWAP	Decreasing Long	210	2.5037  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,895	2.5041  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,639	2.5050  GBP
10 10/11p ordinary	SWAP	Decreasing Long	39	2.5056  GBP
10 10/11p ordinary	SWAP	Decreasing Long	435	2.5060  GBP
10 10/11p ordinary	SWAP	Decreasing Long	473	2.5062  GBP
10 10/11p ordinary	SWAP	Decreasing Long	637	2.5067  GBP
10 10/11p ordinary	SWAP	Decreasing Long	276	2.5075  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,497	2.5079  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,648	2.5085  GBP
10 10/11p ordinary	SWAP	Decreasing Long	152	2.5086  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,132	2.5089  GBP
10 10/11p ordinary	SWAP	Decreasing Long	531	2.5095  GBP
10 10/11p ordinary	SWAP	Decreasing Long	999	2.5096  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,559	2.5099  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,206	2.5101  GBP
10 10/11p ordinary	SWAP	Decreasing Long	40,644	2.5102  GBP
10 10/11p ordinary	SWAP	Decreasing Long	208,674	2.5124  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,283	2.5154  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,486	2.5155  GBP
10 10/11p ordinary	SWAP	Decreasing Long	72,044	2.5156  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,443	2.5159  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,840	2.5160  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,310	2.5164  GBP
10 10/11p ordinary	SWAP	Decreasing Long	46,846	2.5171  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,490	2.5176  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,349	2.5179  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,298	2.5180  GBP
10 10/11p ordinary	SWAP	Decreasing Long	156,886	2.5182  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,385	2.5184  GBP
10 10/11p ordinary	SWAP	Decreasing Long	83,084	2.5185  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,342	2.5206  GBP
10 10/11p ordinary	SWAP	Decreasing Long	42,721	2.5207  GBP
10 10/11p ordinary	SWAP	Decreasing Long	95,208	2.5209  GBP
10 10/11p ordinary	SWAP	Decreasing Long	222,183	2.5215  GBP
10 10/11p ordinary	SWAP	Decreasing Long	20,624	2.5232  GBP
10 10/11p ordinary	SWAP	Decreasing Long	121,081	2.5240  GBP
10 10/11p ordinary	SWAP	Decreasing Long	140,827	2.5250  GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,841	2.5261  GBP
10 10/11p ordinary	SWAP	Decreasing Long	44	2.5297  GBP
10 10/11p ordinary	SWAP	Decreasing Long	158	2.5302  GBP
10 10/11p ordinary	CFD	Decreasing Short	191,682	2.5020  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,431	2.5238  GBP
10 10/11p ordinary	CFD	Increasing Short	191,682	2.5020  GBP
10 10/11p ordinary	CFD	Increasing Short	312,797	2.5021  GBP
10 10/11p ordinary	CFD	Increasing Short	26,494	2.5051  GBP
10 10/11p ordinary	CFD	Increasing Short	107,136	2.5240  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:				24 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END