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:

03 Mar 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:

21,055,050

1.61%

10,155,562

0.77%

(2) Cash-settled derivatives:

9,888,848

0.75%

20,588,799

1.57%

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

0

0.00%

0

0.00%

TOTAL: 

30,943,898

2.36%

30,744,361

2.34%

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

150,404

2.7676 GBP

10 10/11p ordinary

Purchase

63,186

2.7679 GBP

10 10/11p ordinary

Purchase

49,763

2.7728 GBP

10 10/11p ordinary

Purchase

35,937

2.7768 GBP

10 10/11p ordinary

Purchase

27,570

2.7685 GBP

10 10/11p ordinary

Purchase

25,673

2.7680 GBP

10 10/11p ordinary

Purchase

21,894

2.7760 GBP

10 10/11p ordinary

Purchase

18,787

2.7744 GBP

10 10/11p ordinary

Purchase

11,385

2.7658 GBP

10 10/11p ordinary

Purchase

10,209

2.7691 GBP

10 10/11p ordinary

Purchase

8,724

2.7754 GBP

10 10/11p ordinary

Purchase

4,515

2.7681 GBP

10 10/11p ordinary

Purchase

3,183

2.7758 GBP

10 10/11p ordinary

Purchase

2,722

2.7611 GBP

10 10/11p ordinary

Purchase

1,833

2.7668 GBP

10 10/11p ordinary

Purchase

1,136

2.7620 GBP

ADR

Purchase

1,100

14.7400 USD

10 10/11p ordinary

Purchase

986

2.7580 GBP

10 10/11p ordinary

Purchase

657

2.7640 GBP

10 10/11p ordinary

Purchase

348

2.7700 GBP

10 10/11p ordinary

Sale

72,480

2.7704 GBP

10 10/11p ordinary

Sale

66,774

2.7659 GBP

10 10/11p ordinary

Sale

49,905

2.7660 GBP

10 10/11p ordinary

Sale

33,390

2.7699 GBP

10 10/11p ordinary

Sale

26,733

2.7680 GBP

10 10/11p ordinary

Sale

16,927

2.7736 GBP

10 10/11p ordinary

Sale

7,403

2.7682 GBP

10 10/11p ordinary

Sale

5,726

2.7728 GBP

10 10/11p ordinary

Sale

4,388

2.7643 GBP

10 10/11p ordinary

Sale

3,418

2.7724 GBP

10 10/11p ordinary

Sale

2,368

2.7698 GBP

10 10/11p ordinary

Sale

1,786

2.7760 GBP

10 10/11p ordinary

Sale

1,692

2.7705 GBP

ADR

Sale

1,100

14.7400 USD

10 10/11p ordinary

Sale

1,087

2.7720 GBP

10 10/11p ordinary

Sale

806

2.7518 GBP

10 10/11p ordinary

Sale

753

2.7613 GBP

10 10/11p ordinary

Sale

748

2.7580 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

806

2.7518 GBP

10 10/11p ordinary

SWAP

Decreasing Short

748

2.7580 GBP

10 10/11p ordinary

SWAP

Decreasing Short

26,008

2.7597 GBP

10 10/11p ordinary

SWAP

Decreasing Short

56,536

2.7653 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,390

2.7655 GBP

10 10/11p ordinary

SWAP

Decreasing Short

26,733

2.7680 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,070

2.7682 GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,238

2.7692 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,501

2.7693 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,948

2.7698 GBP

10 10/11p ordinary

SWAP

Decreasing Short

72,480

2.7704 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,692

2.7706 GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,147

2.7729 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,927

2.7736 GBP

10 10/11p ordinary

SWAP

Increasing Short

28,594

2.7657 GBP

10 10/11p ordinary

SWAP

Increasing Short

11,385

2.7658 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,709

2.7675 GBP

10 10/11p ordinary

SWAP

Increasing Short

65,567

2.7677 GBP

10 10/11p ordinary

SWAP

Increasing Short

52,671

2.7680 GBP

10 10/11p ordinary

SWAP

Increasing Short

50,238

2.7681 GBP

10 10/11p ordinary

SWAP

Increasing Short

27,570

2.7685 GBP

10 10/11p ordinary

SWAP

Increasing Short

10,209

2.7691 GBP

10 10/11p ordinary

SWAP

Increasing Short

49,763

2.7728 GBP

10 10/11p ordinary

SWAP

Increasing Short

21,738

2.7760 GBP

10 10/11p ordinary

SWAP

Increasing Short

26,311

2.7764 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,036

2.7773 GBP

10 10/11p ordinary

CFD

Increasing Short

13,155

2.7695 GBP

10 10/11p ordinary

CFD

Increasing Short

4,666

2.7731 GBP

10 10/11p ordinary

CFD

Increasing Short

660

2.7761 GBP

10 10/11p ordinary

CFD

Increasing Short

370

2.7762 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:

04 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213