Form 8.3 DIRECT LINE INSURANCE GROUP PLC

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:

21 May 2025

(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:

40,575,848

3.09%

4,445,548

0.33%

(2) Cash-settled derivatives:

4,889,588

0.37%

39,845,227

3.04%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

45,465,436

3.47%

44,290,775

3.37%

(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

221,742

2.9898 GBP

10 10/11p ordinary

Purchase

98,271

2.9881 GBP

10 10/11p ordinary

Purchase

70,379

2.9919 GBP

10 10/11p ordinary

Purchase

55,583

2.9769 GBP

10 10/11p ordinary

Purchase

53,012

2.9859 GBP

10 10/11p ordinary

Purchase

46,782

2.9836 GBP

10 10/11p ordinary

Purchase

40,955

2.9920 GBP

10 10/11p ordinary

Purchase

30,334

2.9856 GBP

10 10/11p ordinary

Purchase

27,889

2.9885 GBP

10 10/11p ordinary

Purchase

17,284

2.9892 GBP

10 10/11p ordinary

Purchase

10,596

2.9900 GBP

10 10/11p ordinary

Purchase

8,715

2.9819 GBP

10 10/11p ordinary

Purchase

5,853

2.9791 GBP

10 10/11p ordinary

Purchase

5,266

2.9808 GBP

10 10/11p ordinary

Purchase

4,085

2.9850 GBP

10 10/11p ordinary

Purchase

3,800

2.9788 GBP

10 10/11p ordinary

Purchase

3,350

2.9814 GBP

10 10/11p ordinary

Purchase

3,024

2.9821 GBP

10 10/11p ordinary

Purchase

2,676

2.9880 GBP

10 10/11p ordinary

Purchase

2,271

2.9860 GBP

10 10/11p ordinary

Purchase

1,957

2.9890 GBP

10 10/11p ordinary

Purchase

1,911

2.9828 GBP

10 10/11p ordinary

Purchase

1,602

2.9800 GBP

10 10/11p ordinary

Purchase

1,115

2.9840 GBP

10 10/11p ordinary

Purchase

581

2.9877 GBP

10 10/11p ordinary

Purchase

562

2.9820 GBP

10 10/11p ordinary

Purchase

135

2.9830 GBP

10 10/11p ordinary

Purchase

47

2.9875 GBP

10 10/11p ordinary

Sale

68,545

2.9917 GBP

10 10/11p ordinary

Sale

57,861

2.9919 GBP

10 10/11p ordinary

Sale

43,784

2.9847 GBP

10 10/11p ordinary

Sale

41,372

2.9920 GBP

10 10/11p ordinary

Sale

39,187

2.9894 GBP

10 10/11p ordinary

Sale

33,465

2.9881 GBP

10 10/11p ordinary

Sale

24,956

2.9874 GBP

10 10/11p ordinary

Sale

17,383

2.9876 GBP

10 10/11p ordinary

Sale

12,315

2.9837 GBP

10 10/11p ordinary

Sale

12,060

2.9849 GBP

10 10/11p ordinary

Sale

11,534

2.9861 GBP

10 10/11p ordinary

Sale

7,313

2.9893 GBP

10 10/11p ordinary

Sale

6,788

2.9886 GBP

10 10/11p ordinary

Sale

5,912

2.9877 GBP

10 10/11p ordinary

Sale

5,318

2.9860 GBP

10 10/11p ordinary

Sale

4,574

2.9796 GBP

10 10/11p ordinary

Sale

4,085

2.9853 GBP

10 10/11p ordinary

Sale

3,350

2.9817 GBP

10 10/11p ordinary

Sale

3,225

2.9880 GBP

10 10/11p ordinary

Sale

3,024

2.9824 GBP

10 10/11p ordinary

Sale

2,732

2.9885 GBP

10 10/11p ordinary

Sale

2,012

2.9867 GBP

10 10/11p ordinary

Sale

1,602

2.9800 GBP

10 10/11p ordinary

Sale

1,175

2.9780 GBP

10 10/11p ordinary

Sale

1,164

2.9820 GBP

10 10/11p ordinary

Sale

1,115

2.9840 GBP

10 10/11p ordinary

Sale

803

2.9900 GBP

10 10/11p ordinary

Sale

495

2.9871 GBP

10 10/11p ordinary

Sale

135

2.9830 GBP

10 10/11p ordinary

Sale

100

2.9922 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

Decreasing Short

602

2.9820 GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,216

2.9848 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,442

2.9858 GBP

10 10/11p ordinary

SWAP

Decreasing Short

495

2.9871 GBP

10 10/11p ordinary

SWAP

Decreasing Short

24,956

2.9874 GBP

10 10/11p ordinary

SWAP

Decreasing Short

17,383

2.9876 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,187

2.9883 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,759

2.9900 GBP

10 10/11p ordinary

SWAP

Decreasing Short

17,094

2.9919 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,280

2.9920 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,800

2.9788 GBP

10 10/11p ordinary

SWAP

Increasing Short

46,782

2.9836 GBP

10 10/11p ordinary

SWAP

Increasing Short

27,889

2.9885 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,318

2.9891 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,284

2.9892 GBP

10 10/11p ordinary

SWAP

Increasing Short

221,742

2.9898 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,739

2.9900 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,725

2.9920 GBP

10 10/11p ordinary

CFD

Decreasing Short

5,858

2.9839 GBP

10 10/11p ordinary

CFD

Decreasing Short

6,030

2.9860 GBP

10 10/11p ordinary

CFD

Decreasing Short

45,588

2.9919 GBP

10 10/11p ordinary

CFD

Increasing Short

6,724

2.9840 GBP

10 10/11p ordinary

CFD

Increasing Short

38,657

2.9845 GBP

10 10/11p ordinary

CFD

Increasing Short

12,862

2.9900 GBP

10 10/11p ordinary

CFD

Increasing Short

23,921

2.9919 GBP

10 10/11p ordinary

CFD

Increasing Short

14,199

2.9920 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:

22 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213