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:

12 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:

17,043,461

1.30%

13,812,688

1.05%

(2) Cash-settled derivatives:

14,550,770

1.11%

16,467,834

1.26%

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

0

0.00%

0

0.00%

TOTAL: 

31,594,231

2.41%

30,280,522

2.31%

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

667,417

2.6508 GBP

10 10/11p ordinary

Purchase

404,389

2.6600 GBP

10 10/11p ordinary

Purchase

392,322

2.6480 GBP

10 10/11p ordinary

Purchase

82,542

2.6513 GBP

10 10/11p ordinary

Purchase

41,946

2.6560 GBP

10 10/11p ordinary

Purchase

25,337

2.6525 GBP

10 10/11p ordinary

Purchase

14,712

2.6500 GBP

10 10/11p ordinary

Purchase

9,516

2.6492 GBP

10 10/11p ordinary

Purchase

9,486

2.6526 GBP

10 10/11p ordinary

Purchase

8,244

2.6524 GBP

10 10/11p ordinary

Purchase

7,531

2.6488 GBP

10 10/11p ordinary

Purchase

4,100

2.6453 GBP

10 10/11p ordinary

Purchase

3,681

2.6459 GBP

10 10/11p ordinary

Purchase

3,183

2.6570 GBP

10 10/11p ordinary

Purchase

3,102

2.6553 GBP

10 10/11p ordinary

Purchase

2,473

2.6509 GBP

10 10/11p ordinary

Purchase

1,764

2.6440 GBP

10 10/11p ordinary

Purchase

1,557

2.6580 GBP

10 10/11p ordinary

Purchase

1,188

2.6540 GBP

ADR

Purchase

800

13.1400 USD

10 10/11p ordinary

Purchase

752

2.6460 GBP

10 10/11p ordinary

Sale

191,344

2.6602 GBP

10 10/11p ordinary

Sale

80,070

2.6530 GBP

10 10/11p ordinary

Sale

71,258

2.6490 GBP

10 10/11p ordinary

Sale

70,753

2.6506 GBP

10 10/11p ordinary

Sale

66,087

2.6618 GBP

10 10/11p ordinary

Sale

52,424

2.6494 GBP

10 10/11p ordinary

Sale

51,373

2.6521 GBP

10 10/11p ordinary

Sale

37,627

2.6459 GBP

10 10/11p ordinary

Sale

27,947

2.6533 GBP

10 10/11p ordinary

Sale

19,818

2.6480 GBP

10 10/11p ordinary

Sale

14,455

2.6600 GBP

10 10/11p ordinary

Sale

13,414

2.6601 GBP

10 10/11p ordinary

Sale

11,991

2.6502 GBP

10 10/11p ordinary

Sale

10,382

2.6519 GBP

10 10/11p ordinary

Sale

7,319

2.6525 GBP

10 10/11p ordinary

Sale

5,235

2.6540 GBP

10 10/11p ordinary

Sale

3,539

2.6520 GBP

10 10/11p ordinary

Sale

3,203

2.6590 GBP

10 10/11p ordinary

Sale

2,954

2.6524 GBP

10 10/11p ordinary

Sale

2,539

2.6496 GBP

10 10/11p ordinary

Sale

2,427

2.6460 GBP

10 10/11p ordinary

Sale

1,757

2.6580 GBP

10 10/11p ordinary

Sale

1,568

2.6528 GBP

10 10/11p ordinary

Sale

1,554

2.6500 GBP

10 10/11p ordinary

Sale

1,173

2.6563 GBP

ADR

Sale

800

13.1400 USD

10 10/11p ordinary

Sale

730

2.6440 GBP

10 10/11p ordinary

Sale

430

2.6482 GBP

10 10/11p ordinary

Sale

167

2.6560 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

71

2.6200 GBP

10 10/11p ordinary

SWAP

Increasing Long

37,627

2.6459 GBP

10 10/11p ordinary

SWAP

Increasing Long

15,162

2.6478 GBP

10 10/11p ordinary

SWAP

Increasing Long

31,563

2.6486 GBP

10 10/11p ordinary

SWAP

Increasing Long

15,965

2.6488 GBP

10 10/11p ordinary

SWAP

Increasing Long

67

2.6496 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,978

2.6499 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,352

2.6520 GBP

10 10/11p ordinary

SWAP

Increasing Long

25,000

2.6523 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,285

2.6527 GBP

10 10/11p ordinary

SWAP

Increasing Long

75,792

2.6530 GBP

10 10/11p ordinary

SWAP

Increasing Long

32,344

2.6544 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,800

2.6558 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,173

2.6563 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,411

2.6580 GBP

10 10/11p ordinary

SWAP

Decreasing Long

203

2.6460 GBP

10 10/11p ordinary

SWAP

Decreasing Long

469,016

2.6480 GBP

10 10/11p ordinary

SWAP

Decreasing Long

27,766

2.6484 GBP

10 10/11p ordinary

SWAP

Decreasing Long

14,712

2.6500 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,883

2.6508 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,473

2.6509 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,841

2.6510 GBP

10 10/11p ordinary

SWAP

Decreasing Long

7,760

2.6513 GBP

10 10/11p ordinary

SWAP

Decreasing Long

23,142

2.6517 GBP

10 10/11p ordinary

SWAP

Decreasing Long

27,285

2.6518 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,244

2.6524 GBP

10 10/11p ordinary

SWAP

Decreasing Long

122,763

2.6529 GBP

10 10/11p ordinary

SWAP

Decreasing Long

41,779

2.6560 GBP

10 10/11p ordinary

CFD

Increasing Short

13,203

2.6489 GBP

10 10/11p ordinary

CFD

Increasing Short

198

2.6504 GBP

10 10/11p ordinary

CFD

Increasing Short

65,194

2.6515 GBP

10 10/11p ordinary

CFD

Increasing Short

231,773

2.6535 GBP

10 10/11p ordinary

CFD

Increasing Short

800

2.6541 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:

13 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213