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 Jan 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:

7,317,909

0.56%

12,390,327

0.94%

(2) Cash-settled derivatives:

13,127,868

1.00%

7,148,570

0.55%

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

0

0.00%

0

0.00%

TOTAL: 

20,445,777

1.56%

19,538,897

1.49%

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

502,004

2.5883 GBP

10 10/11p ordinary

Purchase

418,468

2.5800 GBP

10 10/11p ordinary

Purchase

201,761

2.5829 GBP

10 10/11p ordinary

Purchase

76,079

2.5795 GBP

10 10/11p ordinary

Purchase

40,267

2.5836 GBP

10 10/11p ordinary

Purchase

39,501

2.5793 GBP

10 10/11p ordinary

Purchase

33,750

2.5807 GBP

10 10/11p ordinary

Purchase

31,175

2.5814 GBP

10 10/11p ordinary

Purchase

26,483

2.5794 GBP

10 10/11p ordinary

Purchase

24,558

2.5917 GBP

10 10/11p ordinary

Purchase

20,806

2.5796 GBP

10 10/11p ordinary

Purchase

20,175

2.5842 GBP

10 10/11p ordinary

Purchase

17,580

2.5920 GBP

10 10/11p ordinary

Purchase

16,529

2.5799 GBP

10 10/11p ordinary

Purchase

13,681

2.5765 GBP

10 10/11p ordinary

Purchase

12,722

2.5898 GBP

10 10/11p ordinary

Purchase

10,045

2.5751 GBP

10 10/11p ordinary

Purchase

9,315

2.5824 GBP

10 10/11p ordinary

Purchase

8,509

2.5815 GBP

10 10/11p ordinary

Purchase

7,363

2.5857 GBP

10 10/11p ordinary

Purchase

6,791

2.5819 GBP

10 10/11p ordinary

Purchase

5,712

2.5778 GBP

10 10/11p ordinary

Purchase

3,681

2.5787 GBP

10 10/11p ordinary

Purchase

3,669

2.5780 GBP

10 10/11p ordinary

Purchase

3,362

2.5790 GBP

10 10/11p ordinary

Purchase

3,277

2.5782 GBP

ADR

Purchase

3,200

12.9000 USD

10 10/11p ordinary

Purchase

2,185

2.5789 GBP

10 10/11p ordinary

Purchase

1,713

2.5760 GBP

10 10/11p ordinary

Purchase

1,657

2.5840 GBP

10 10/11p ordinary

Purchase

1,368

2.5940 GBP

10 10/11p ordinary

Purchase

1,189

2.5873 GBP

10 10/11p ordinary

Purchase

1,121

2.5880 GBP

10 10/11p ordinary

Purchase

1,009

2.5901 GBP

10 10/11p ordinary

Purchase

800

2.5900 GBP

10 10/11p ordinary

Purchase

776

2.5897 GBP

10 10/11p ordinary

Purchase

704

2.5937 GBP

10 10/11p ordinary

Purchase

412

2.5891 GBP

10 10/11p ordinary

Purchase

260

2.5759 GBP

10 10/11p ordinary

Purchase

30

2.5802 GBP

10 10/11p ordinary

Sale

261,474

2.5920 GBP

10 10/11p ordinary

Sale

167,004

2.5810 GBP

10 10/11p ordinary

Sale

113,165

2.5769 GBP

10 10/11p ordinary

Sale

102,203

2.5844 GBP

10 10/11p ordinary

Sale

67,504

2.5804 GBP

10 10/11p ordinary

Sale

48,374

2.5919 GBP

10 10/11p ordinary

Sale

48,059

2.5786 GBP

10 10/11p ordinary

Sale

42,700

2.5869 GBP

10 10/11p ordinary

Sale

25,390

2.5774 GBP

10 10/11p ordinary

Sale

25,008

2.5776 GBP

10 10/11p ordinary

Sale

23,439

2.5833 GBP

10 10/11p ordinary

Sale

18,246

2.5783 GBP

10 10/11p ordinary

Sale

18,017

2.5800 GBP

10 10/11p ordinary

Sale

17,564

2.5788 GBP

10 10/11p ordinary

Sale

10,300

2.5798 GBP

10 10/11p ordinary

Sale

10,198

2.5772 GBP

10 10/11p ordinary

Sale

7,094

2.5797 GBP

10 10/11p ordinary

Sale

5,875

2.5775 GBP

10 10/11p ordinary

Sale

3,700

2.5773 GBP

10 10/11p ordinary

Sale

3,474

2.5870 GBP

ADR

Sale

3,200

12.9000 USD

10 10/11p ordinary

Sale

1,672

2.5939 GBP

10 10/11p ordinary

Sale

1,534

2.5762 GBP

10 10/11p ordinary

Sale

1,368

2.5940 GBP

10 10/11p ordinary

Sale

1,304

2.5782 GBP

10 10/11p ordinary

Sale

1,121

2.5880 GBP

10 10/11p ordinary

Sale

941

2.5779 GBP

10 10/11p ordinary

Sale

859

2.5899 GBP

10 10/11p ordinary

Sale

452

2.5811 GBP

10 10/11p ordinary

Sale

224

2.5790 GBP

10 10/11p ordinary

Sale

179

2.5760 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 Short

32,858

2.5834 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,700

2.5773 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,893

2.5775 GBP

10 10/11p ordinary

SWAP

Increasing Long

941

2.5779 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,941

2.5783 GBP

10 10/11p ordinary

SWAP

Increasing Long

47,053

2.5787 GBP

10 10/11p ordinary

SWAP

Increasing Long

10,300

2.5798 GBP

10 10/11p ordinary

SWAP

Increasing Long

791

2.5800 GBP

10 10/11p ordinary

SWAP

Increasing Long

67,504

2.5804 GBP

10 10/11p ordinary

SWAP

Increasing Long

36,313

2.5866 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,642

2.5871 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,284

2.5880 GBP

10 10/11p ordinary

SWAP

Increasing Long

6,387

2.5883 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,246

2.5885 GBP

10 10/11p ordinary

SWAP

Increasing Long

859

2.5899 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,124

2.5912 GBP

10 10/11p ordinary

SWAP

Increasing Long

48,374

2.5919 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,243

2.5780 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,277

2.5782 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,591

2.5784 GBP

10 10/11p ordinary

SWAP

Decreasing Long

153,533

2.5794 GBP

10 10/11p ordinary

SWAP

Decreasing Long

9,122

2.5796 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,445

2.5799 GBP

10 10/11p ordinary

SWAP

Decreasing Long

57,274

2.5800 GBP

10 10/11p ordinary

SWAP

Decreasing Long

87,389

2.5811 GBP

10 10/11p ordinary

SWAP

Decreasing Long

250,671

2.5813 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,509

2.5815 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,597

2.5820 GBP

10 10/11p ordinary

SWAP

Decreasing Long

9,315

2.5824 GBP

10 10/11p ordinary

SWAP

Decreasing Long

69,098

2.5829 GBP

10 10/11p ordinary

SWAP

Decreasing Long

40,267

2.5836 GBP

10 10/11p ordinary

SWAP

Decreasing Long

9,927

2.5851 GBP

10 10/11p ordinary

SWAP

Decreasing Long

412

2.5891 GBP

10 10/11p ordinary

SWAP

Decreasing Long

30,642

2.5920 GBP

10 10/11p ordinary

CFD

Decreasing Short

15,465

2.5766 GBP

10 10/11p ordinary

CFD

Decreasing Short

1,581

2.5897 GBP

10 10/11p ordinary

CFD

Decreasing Short

1,555

2.5898 GBP

10 10/11p ordinary

CFD

Increasing Short

1,691

2.5601 GBP

10 10/11p ordinary

CFD

Increasing Short

3,000

2.5682 GBP

10 10/11p ordinary

CFD

Increasing Short

33,355

2.5862 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 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213