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:

02 Apr 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:

36,233,747

2.76%

7,983,214

0.60%

(2) Cash-settled derivatives:

8,165,330

0.62%

35,078,949

2.67%

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

0

0.00%

0

0.00%

TOTAL: 

44,399,077

3.39%

43,062,163

3.27%

Class of relevant security:

Restricted Tier 1 Note XS1728036366

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

0

0.00%

200,000

0.06%

(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: 

0

0.00%

200,000

0.06%

(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

168,018

2.8194 GBP

10 10/11p ordinary

Purchase

147,137

2.8374 GBP

10 10/11p ordinary

Purchase

42,293

2.8095 GBP

10 10/11p ordinary

Purchase

37,401

2.8296 GBP

10 10/11p ordinary

Purchase

26,390

2.8440 GBP

10 10/11p ordinary

Purchase

23,088

2.8203 GBP

10 10/11p ordinary

Purchase

20,846

2.8251 GBP

10 10/11p ordinary

Purchase

20,284

2.8165 GBP

10 10/11p ordinary

Purchase

17,244

2.8192 GBP

10 10/11p ordinary

Purchase

8,302

2.8160 GBP

10 10/11p ordinary

Purchase

7,735

2.8225 GBP

10 10/11p ordinary

Purchase

7,479

2.8040 GBP

10 10/11p ordinary

Purchase

7,044

2.8140 GBP

10 10/11p ordinary

Purchase

6,905

2.8240 GBP

10 10/11p ordinary

Purchase

4,691

2.8113 GBP

10 10/11p ordinary

Purchase

3,883

2.8260 GBP

10 10/11p ordinary

Purchase

3,559

2.8241 GBP

10 10/11p ordinary

Purchase

3,350

2.8146 GBP

10 10/11p ordinary

Purchase

2,790

2.8147 GBP

10 10/11p ordinary

Purchase

2,634

2.8134 GBP

10 10/11p ordinary

Purchase

2,280

2.8159 GBP

10 10/11p ordinary

Purchase

2,114

2.8246 GBP

10 10/11p ordinary

Purchase

1,932

2.8181 GBP

10 10/11p ordinary

Purchase

1,888

2.8080 GBP

10 10/11p ordinary

Purchase

1,655

2.8220 GBP

10 10/11p ordinary

Purchase

1,374

2.8217 GBP

10 10/11p ordinary

Purchase

1,302

2.8180 GBP

10 10/11p ordinary

Purchase

1,165

2.8100 GBP

10 10/11p ordinary

Purchase

138

2.8295 GBP

10 10/11p ordinary

Sale

168,929

2.8265 GBP

10 10/11p ordinary

Sale

157,983

2.8354 GBP

10 10/11p ordinary

Sale

108,200

2.8294 GBP

10 10/11p ordinary

Sale

100,941

2.8236 GBP

10 10/11p ordinary

Sale

95,239

2.8204 GBP

10 10/11p ordinary

Sale

54,506

2.8439 GBP

10 10/11p ordinary

Sale

53,297

2.8199 GBP

10 10/11p ordinary

Sale

40,073

2.8188 GBP

10 10/11p ordinary

Sale

33,851

2.8280 GBP

10 10/11p ordinary

Sale

25,400

2.8170 GBP

10 10/11p ordinary

Sale

24,499

2.8159 GBP

10 10/11p ordinary

Sale

23,609

2.8169 GBP

10 10/11p ordinary

Sale

17,402

2.8192 GBP

10 10/11p ordinary

Sale

8,794

2.8440 GBP

10 10/11p ordinary

Sale

8,212

2.8163 GBP

10 10/11p ordinary

Sale

7,479

2.8040 GBP

10 10/11p ordinary

Sale

7,075

2.8140 GBP

10 10/11p ordinary

Sale

7,003

2.8240 GBP

10 10/11p ordinary

Sale

6,486

2.8198 GBP

10 10/11p ordinary

Sale

6,370

2.8160 GBP

10 10/11p ordinary

Sale

4,496

2.8190 GBP

10 10/11p ordinary

Sale

3,849

2.8165 GBP

10 10/11p ordinary

Sale

3,416

2.8220 GBP

10 10/11p ordinary

Sale

3,223

2.8099 GBP

10 10/11p ordinary

Sale

1,498

2.8175 GBP

10 10/11p ordinary

Sale

1,290

2.8080 GBP

10 10/11p ordinary

Sale

1,165

2.8100 GBP

10 10/11p ordinary

Sale

770

2.8133 GBP

10 10/11p ordinary

Sale

715

2.8180 GBP

10 10/11p ordinary

Sale

677

2.8091 GBP

10 10/11p ordinary

Sale

659

2.8260 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

42,293

2.8095 GBP

10 10/11p ordinary

SWAP

Increasing Short

285,946

2.8168 GBP

10 10/11p ordinary

SWAP

Increasing Short

20,846

2.8251 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,068

2.8164 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,407

2.8166 GBP

10 10/11p ordinary

SWAP

Decreasing Short

23,609

2.8169 GBP

10 10/11p ordinary

SWAP

Decreasing Short

25,400

2.8170 GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,104

2.8171 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,578

2.8199 GBP

10 10/11p ordinary

SWAP

Decreasing Short

95,239

2.8204 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,404

2.8212 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,706

2.8220 GBP

10 10/11p ordinary

SWAP

Decreasing Short

99,363

2.8237 GBP

10 10/11p ordinary

SWAP

Decreasing Short

49,084

2.8278 GBP

10 10/11p ordinary

SWAP

Decreasing Short

597

2.8280 GBP

10 10/11p ordinary

SWAP

Decreasing Short

102,100

2.8288 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,100

2.8406 GBP

10 10/11p ordinary

SWAP

Decreasing Short

41,549

2.8439 GBP

10 10/11p ordinary

SWAP

Decreasing Short

90,317

2.8440 GBP

10 10/11p ordinary

SWAP

Increasing Short

598

2.8080 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,328

2.8160 GBP

10 10/11p ordinary

SWAP

Increasing Short

10,974

2.8171 GBP

10 10/11p ordinary

SWAP

Increasing Short

23,788

2.8203 GBP

10 10/11p ordinary

SWAP

Increasing Short

10,494

2.8208 GBP

10 10/11p ordinary

SWAP

Increasing Short

945

2.8220 GBP

10 10/11p ordinary

SWAP

Increasing Short

7,735

2.8225 GBP

10 10/11p ordinary

SWAP

Increasing Short

10

2.8280 GBP

10 10/11p ordinary

SWAP

Increasing Short

138

2.8295 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,795

2.8440 GBP

10 10/11p ordinary

SWAP

Increasing Short

51,096

2.8441 GBP

10 10/11p ordinary

CFD

Decreasing Short

20,258

2.8123 GBP

10 10/11p ordinary

CFD

Decreasing Short

3,794

2.8264 GBP

10 10/11p ordinary

CFD

Increasing Short

1,701

2.8269 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:

03 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213