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:

06 Feb 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:

15,219,961

1.16%

14,347,104

1.09%

(2) Cash-settled derivatives:

15,013,713

1.14%

15,177,908

1.16%

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

0

0.00%

0

0.00%

TOTAL: 

30,233,674

2.31%

29,525,012

2.25%

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

89,441

2.6847 GBP

10 10/11p ordinary

Purchase

66,282

2.6876 GBP

10 10/11p ordinary

Purchase

46,000

2.6859 GBP

10 10/11p ordinary

Purchase

37,971

2.6790 GBP

10 10/11p ordinary

Purchase

37,556

2.6844 GBP

10 10/11p ordinary

Purchase

33,660

2.6829 GBP

10 10/11p ordinary

Purchase

22,330

2.6880 GBP

10 10/11p ordinary

Purchase

11,133

2.6860 GBP

10 10/11p ordinary

Purchase

5,837

2.6892 GBP

10 10/11p ordinary

Purchase

5,302

2.6920 GBP

10 10/11p ordinary

Purchase

5,132

2.6886 GBP

10 10/11p ordinary

Purchase

4,396

2.6831 GBP

10 10/11p ordinary

Purchase

3,883

2.6810 GBP

10 10/11p ordinary

Purchase

3,400

2.6788 GBP

10 10/11p ordinary

Purchase

2,907

2.6814 GBP

10 10/11p ordinary

Purchase

2,205

2.6823 GBP

10 10/11p ordinary

Purchase

1,900

2.6840 GBP

10 10/11p ordinary

Purchase

1,700

2.6780 GBP

10 10/11p ordinary

Purchase

735

2.6640 GBP

10 10/11p ordinary

Purchase

450

2.6940 GBP

10 10/11p ordinary

Purchase

328

2.6877 GBP

10 10/11p ordinary

Sale

126,686

2.6817 GBP

10 10/11p ordinary

Sale

91,824

2.6880 GBP

10 10/11p ordinary

Sale

86,949

2.6804 GBP

10 10/11p ordinary

Sale

27,609

2.6889 GBP

10 10/11p ordinary

Sale

27,189

2.6886 GBP

10 10/11p ordinary

Sale

19,688

2.6881 GBP

10 10/11p ordinary

Sale

13,406

2.6879 GBP

10 10/11p ordinary

Sale

3,409

2.6936 GBP

10 10/11p ordinary

Sale

3,208

2.6895 GBP

10 10/11p ordinary

Sale

1,920

2.6890 GBP

10 10/11p ordinary

Sale

1,858

2.6919 GBP

10 10/11p ordinary

Sale

1,701

2.6885 GBP

10 10/11p ordinary

Sale

1,689

2.6840 GBP

10 10/11p ordinary

Sale

1,563

2.6923 GBP

10 10/11p ordinary

Sale

1,464

2.6900 GBP

10 10/11p ordinary

Sale

1,399

2.6751 GBP

10 10/11p ordinary

Sale

1,218

2.6780 GBP

10 10/11p ordinary

Sale

1,037

2.6820 GBP

10 10/11p ordinary

Sale

980

2.6920 GBP

10 10/11p ordinary

Sale

450

2.6940 GBP

10 10/11p ordinary

Sale

133

2.6860 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

73,020

2.6787 GBP

10 10/11p ordinary

SWAP

Increasing Long

109,137

2.6806 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,521

2.6860 GBP

10 10/11p ordinary

SWAP

Increasing Long

11,037

2.6879 GBP

10 10/11p ordinary

SWAP

Increasing Long

86,718

2.6880 GBP

10 10/11p ordinary

SWAP

Increasing Long

10,802

2.6883 GBP

10 10/11p ordinary

SWAP

Increasing Long

27,609

2.6889 GBP

10 10/11p ordinary

SWAP

Increasing Long

22,214

2.6894 GBP

10 10/11p ordinary

SWAP

Increasing Long

20,500

2.6895 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,929

2.6897 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,464

2.6900 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,858

2.6919 GBP

10 10/11p ordinary

SWAP

Decreasing Long

482

2.6780 GBP

10 10/11p ordinary

SWAP

Decreasing Long

12,653

2.6788 GBP

10 10/11p ordinary

SWAP

Decreasing Long

7,400

2.6811 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,215

2.6817 GBP

10 10/11p ordinary

SWAP

Decreasing Long

26,926

2.6842 GBP

10 10/11p ordinary

SWAP

Decreasing Long

10,267

2.6844 GBP

10 10/11p ordinary

SWAP

Decreasing Long

94,560

2.6845 GBP

10 10/11p ordinary

SWAP

Decreasing Long

89,441

2.6847 GBP

10 10/11p ordinary

SWAP

Decreasing Long

19,088

2.6849 GBP

10 10/11p ordinary

SWAP

Decreasing Long

22,640

2.6858 GBP

10 10/11p ordinary

SWAP

Decreasing Long

17,065

2.6861 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,048

2.6879 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,805

2.6880 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,132

2.6886 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,322

2.6920 GBP

10 10/11p ordinary

CFD

Increasing Short

6,593

2.6820 GBP

10 10/11p ordinary

CFD

Increasing Short

8,184

2.6863 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:

07 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213