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:

20 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:

40,561,458

3.09%

4,733,551

0.36%

(2) Cash-settled derivatives:

5,160,533

0.39%

39,839,420

3.04%

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

0

0.00%

0

0.00%

TOTAL: 

45,721,991

3.49%

44,572,971

3.40%

(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

261,826

2.9843 GBP

10 10/11p ordinary

Purchase

203,850

2.9374 GBP

10 10/11p ordinary

Purchase

149,154

2.9610 GBP

10 10/11p ordinary

Purchase

123,311

3.0000 GBP

10 10/11p ordinary

Purchase

70,137

2.9753 GBP

10 10/11p ordinary

Purchase

64,903

2.9732 GBP

10 10/11p ordinary

Purchase

61,158

2.9756 GBP

10 10/11p ordinary

Purchase

53,584

2.9615 GBP

10 10/11p ordinary

Purchase

37,767

2.9643 GBP

10 10/11p ordinary

Purchase

35,008

2.9646 GBP

10 10/11p ordinary

Purchase

28,603

2.9650 GBP

10 10/11p ordinary

Purchase

28,329

2.9801 GBP

10 10/11p ordinary

Purchase

22,323

2.9800 GBP

10 10/11p ordinary

Purchase

17,416

2.9654 GBP

10 10/11p ordinary

Purchase

17,304

2.9698 GBP

10 10/11p ordinary

Purchase

16,004

2.9686 GBP

10 10/11p ordinary

Purchase

16,000

2.9735 GBP

10 10/11p ordinary

Purchase

13,500

2.9594 GBP

10 10/11p ordinary

Purchase

13,065

2.9827 GBP

10 10/11p ordinary

Purchase

12,815

2.9868 GBP

10 10/11p ordinary

Purchase

9,611

2.9759 GBP

10 10/11p ordinary

Purchase

9,537

2.9757 GBP

10 10/11p ordinary

Purchase

8,900

2.9945 GBP

10 10/11p ordinary

Purchase

6,952

2.9657 GBP

10 10/11p ordinary

Purchase

5,707

2.9810 GBP

10 10/11p ordinary

Purchase

5,279

2.9563 GBP

10 10/11p ordinary

Purchase

5,055

2.9771 GBP

10 10/11p ordinary

Purchase

4,744

2.9866 GBP

10 10/11p ordinary

Purchase

4,216

2.9820 GBP

10 10/11p ordinary

Purchase

4,111

2.9865 GBP

10 10/11p ordinary

Purchase

4,043

2.9760 GBP

10 10/11p ordinary

Purchase

3,576

2.9400 GBP

10 10/11p ordinary

Purchase

3,282

2.9836 GBP

10 10/11p ordinary

Purchase

2,815

2.9765 GBP

10 10/11p ordinary

Purchase

2,152

2.9900 GBP

10 10/11p ordinary

Purchase

2,002

2.9750 GBP

10 10/11p ordinary

Purchase

1,547

2.9680 GBP

10 10/11p ordinary

Purchase

1,374

2.9587 GBP

10 10/11p ordinary

Purchase

940

2.9837 GBP

10 10/11p ordinary

Purchase

940

2.9840 GBP

10 10/11p ordinary

Purchase

913

2.9830 GBP

10 10/11p ordinary

Purchase

320

2.9740 GBP

10 10/11p ordinary

Purchase

113

2.9860 GBP

10 10/11p ordinary

Sale

213,509

2.9713 GBP

10 10/11p ordinary

Sale

155,928

2.9949 GBP

10 10/11p ordinary

Sale

115,737

2.9815 GBP

10 10/11p ordinary

Sale

78,712

2.9688 GBP

10 10/11p ordinary

Sale

76,930

3.0000 GBP

10 10/11p ordinary

Sale

46,189

2.9807 GBP

10 10/11p ordinary

Sale

42,492

2.9616 GBP

10 10/11p ordinary

Sale

38,107

2.9752 GBP

10 10/11p ordinary

Sale

34,945

2.9691 GBP

10 10/11p ordinary

Sale

16,042

2.9601 GBP

10 10/11p ordinary

Sale

7,157

2.9796 GBP

10 10/11p ordinary

Sale

6,873

2.9720 GBP

10 10/11p ordinary

Sale

6,183

2.9636 GBP

10 10/11p ordinary

Sale

5,867

2.9855 GBP

10 10/11p ordinary

Sale

5,272

2.9830 GBP

10 10/11p ordinary

Sale

4,799

2.9843 GBP

10 10/11p ordinary

Sale

4,307

2.9999 GBP

10 10/11p ordinary

Sale

4,078

2.9598 GBP

10 10/11p ordinary

Sale

3,783

2.9741 GBP

10 10/11p ordinary

Sale

3,373

2.9871 GBP

10 10/11p ordinary

Sale

2,820

2.9840 GBP

10 10/11p ordinary

Sale

2,448

2.9820 GBP

10 10/11p ordinary

Sale

2,372

2.9866 GBP

10 10/11p ordinary

Sale

2,142

2.9880 GBP

10 10/11p ordinary

Sale

1,374

2.9780 GBP

10 10/11p ordinary

Sale

1,021

2.9680 GBP

10 10/11p ordinary

Sale

952

2.9503 GBP

10 10/11p ordinary

Sale

455

2.9800 GBP

10 10/11p ordinary

Sale

360

2.9760 GBP

10 10/11p ordinary

Sale

226

2.9860 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

203,850

2.9374 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,279

2.9764 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,157

2.9796 GBP

10 10/11p ordinary

SWAP

Decreasing Short

110,963

2.9815 GBP

10 10/11p ordinary

SWAP

Decreasing Short

413

2.9840 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,799

2.9843 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,080

2.9868 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,307

2.9999 GBP

10 10/11p ordinary

SWAP

Decreasing Short

34,511

3.0000 GBP

10 10/11p ordinary

SWAP

Increasing Short

6

2.9500 GBP

10 10/11p ordinary

SWAP

Increasing Short

13,500

2.9594 GBP

10 10/11p ordinary

SWAP

Increasing Short

25,553

2.9625 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,952

2.9657 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,304

2.9698 GBP

10 10/11p ordinary

SWAP

Increasing Short

320

2.9740 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,055

2.9771 GBP

10 10/11p ordinary

SWAP

Increasing Short

28,329

2.9801 GBP

10 10/11p ordinary

SWAP

Increasing Short

37,950

2.9813 GBP

10 10/11p ordinary

SWAP

Increasing Short

913

2.9830 GBP

10 10/11p ordinary

SWAP

Increasing Short

261,826

2.9843 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,050

2.9860 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,900

2.9945 GBP

10 10/11p ordinary

SWAP

Increasing Short

20,149

2.9984 GBP

10 10/11p ordinary

SWAP

Increasing Short

25,340

3.0000 GBP

10 10/11p ordinary

CFD

Decreasing Short

4,909

2.9820 GBP

10 10/11p ordinary

CFD

Decreasing Short

58,843

2.9974 GBP

10 10/11p ordinary

CFD

Decreasing Short

83,128

3.0000 GBP

10 10/11p ordinary

CFD

Increasing Short

53,954

2.9750 GBP

10 10/11p ordinary

CFD

Increasing Short

65,354

2.9800 GBP

10 10/11p ordinary

CFD

Increasing Short

2,792

2.9815 GBP

10 10/11p ordinary

CFD

Increasing Short

7,266

2.9839 GBP

10 10/11p ordinary

CFD

Increasing Short

2,372

2.9866 GBP

10 10/11p ordinary

CFD

Increasing Short

12,815

2.9867 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:

21 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213