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 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:

39,381,359

3.00%

6,230,082

0.47%

(2) Cash-settled derivatives:

6,527,054

0.50%

38,710,901

2.95%

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

0

0.00%

0

0.00%

TOTAL: 

45,908,413

3.50%

44,940,983

3.42%

(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

193,818

2.8593 GBP

10 10/11p ordinary

Purchase

24,444

2.8521 GBP

10 10/11p ordinary

Purchase

11,662

2.8578 GBP

10 10/11p ordinary

Purchase

11,626

2.8500 GBP

10 10/11p ordinary

Purchase

10,900

2.8632 GBP

10 10/11p ordinary

Purchase

9,033

2.8700 GBP

10 10/11p ordinary

Purchase

4,328

2.8588 GBP

10 10/11p ordinary

Purchase

2,343

2.8620 GBP

10 10/11p ordinary

Purchase

2,256

2.8600 GBP

10 10/11p ordinary

Purchase

1,716

2.8480 GBP

10 10/11p ordinary

Purchase

1,244

2.8624 GBP

10 10/11p ordinary

Purchase

955

2.8621 GBP

10 10/11p ordinary

Purchase

550

2.8580 GBP

10 10/11p ordinary

Purchase

504

2.8565 GBP

10 10/11p ordinary

Purchase

393

2.8660 GBP

10 10/11p ordinary

Purchase

282

2.8640 GBP

10 10/11p ordinary

Purchase

137

2.8680 GBP

10 10/11p ordinary

Purchase

66

2.8540 GBP

10 10/11p ordinary

Purchase

13

2.8560 GBP

10 10/11p ordinary

Sale

96,740

2.8512 GBP

10 10/11p ordinary

Sale

73,983

2.8600 GBP

10 10/11p ordinary

Sale

62,348

2.8576 GBP

10 10/11p ordinary

Sale

44,992

2.8602 GBP

10 10/11p ordinary

Sale

40,133

2.8604 GBP

10 10/11p ordinary

Sale

31,603

2.8575 GBP

10 10/11p ordinary

Sale

29,395

2.8586 GBP

10 10/11p ordinary

Sale

16,131

2.8613 GBP

10 10/11p ordinary

Sale

8,500

2.8555 GBP

10 10/11p ordinary

Sale

5,306

2.8560 GBP

10 10/11p ordinary

Sale

4,370

2.8553 GBP

10 10/11p ordinary

Sale

3,594

2.8700 GBP

10 10/11p ordinary

Sale

3,253

2.8534 GBP

10 10/11p ordinary

Sale

3,092

2.8480 GBP

10 10/11p ordinary

Sale

2,686

2.8652 GBP

10 10/11p ordinary

Sale

836

2.8490 GBP

10 10/11p ordinary

Sale

550

2.8580 GBP

10 10/11p ordinary

Sale

376

2.8660 GBP

10 10/11p ordinary

Sale

357

2.8500 GBP

10 10/11p ordinary

Sale

282

2.8640 GBP

10 10/11p ordinary

Sale

274

2.8680 GBP

10 10/11p ordinary

Sale

17

2.8662 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

17,611

2.8504 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,100

2.8513 GBP

10 10/11p ordinary

SWAP

Decreasing Short

79,129

2.8514 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,932

2.8540 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,018

2.8560 GBP

10 10/11p ordinary

SWAP

Decreasing Short

9,669

2.8573 GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,603

2.8575 GBP

10 10/11p ordinary

SWAP

Decreasing Short

62,348

2.8576 GBP

10 10/11p ordinary

SWAP

Decreasing Short

29,395

2.8586 GBP

10 10/11p ordinary

SWAP

Decreasing Short

37,959

2.8598 GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,480

2.8600 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,400

2.8618 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,099

2.8659 GBP

10 10/11p ordinary

SWAP

Increasing Short

24,444

2.8521 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,998

2.8540 GBP

10 10/11p ordinary

SWAP

Increasing Short

504

2.8565 GBP

10 10/11p ordinary

SWAP

Increasing Short

99,610

2.8584 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,328

2.8588 GBP

10 10/11p ordinary

SWAP

Increasing Short

38,354

2.8600 GBP

10 10/11p ordinary

SWAP

Increasing Short

955

2.8621 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,139

2.8624 GBP

10 10/11p ordinary

SWAP

Increasing Short

10,900

2.8632 GBP

10 10/11p ordinary

CFD

Decreasing Short

10,837

2.8517 GBP

10 10/11p ordinary

CFD

Decreasing Short

12,506

2.8638 GBP

10 10/11p ordinary

CFD

Decreasing Short

17,346

2.8648 GBP

10 10/11p ordinary

CFD

Decreasing Short

137

2.8680 GBP

10 10/11p ordinary

CFD

Increasing Short

60,558

2.8609 GBP

10 10/11p ordinary

CFD

Increasing Short

5,439

2.8700 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:

06-May-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213