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:

10 Dec 2024

(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:

12,844,246

0.98%

15,330,513

1.17%

(2) Cash-settled derivatives:

16,093,181

1.23%

10,194,671

0.78%

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

0

0.00%

0

0.00%

TOTAL: 

28,937,427

2.21%

25,525,184

1.95%

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

234,009

2.4728 GBP

10 10/11p ordinary

Purchase

203,260

2.4700 GBP

10 10/11p ordinary

Purchase

150,997

2.4735 GBP

10 10/11p ordinary

Purchase

87,990

2.4717 GBP

10 10/11p ordinary

Purchase

84,434

2.4712 GBP

10 10/11p ordinary

Purchase

73,109

2.4835 GBP

10 10/11p ordinary

Purchase

64,115

2.4707 GBP

10 10/11p ordinary

Purchase

41,186

2.4842 GBP

10 10/11p ordinary

Purchase

22,739

2.4793 GBP

10 10/11p ordinary

Purchase

22,334

2.4798 GBP

10 10/11p ordinary

Purchase

20,790

2.4738 GBP

10 10/11p ordinary

Purchase

14,669

2.4790 GBP

10 10/11p ordinary

Purchase

11,542

2.4766 GBP

10 10/11p ordinary

Purchase

11,407

2.4820 GBP

10 10/11p ordinary

Purchase

10,836

2.4676 GBP

10 10/11p ordinary

Purchase

9,759

2.4740 GBP

10 10/11p ordinary

Purchase

8,234

2.4940 GBP

10 10/11p ordinary

Purchase

5,870

2.4772 GBP

10 10/11p ordinary

Purchase

5,366

2.4784 GBP

10 10/11p ordinary

Purchase

5,062

2.4838 GBP

10 10/11p ordinary

Purchase

4,307

2.4817 GBP

10 10/11p ordinary

Purchase

4,121

2.4800 GBP

10 10/11p ordinary

Purchase

3,693

2.4816 GBP

10 10/11p ordinary

Purchase

3,675

2.4919 GBP

10 10/11p ordinary

Purchase

2,430

2.4774 GBP

10 10/11p ordinary

Purchase

2,052

2.4859 GBP

10 10/11p ordinary

Purchase

1,973

2.4916 GBP

10 10/11p ordinary

Purchase

1,688

2.4670 GBP

10 10/11p ordinary

Purchase

1,375

2.4722 GBP

10 10/11p ordinary

Purchase

1,090

2.4649 GBP

10 10/11p ordinary

Purchase

1,039

2.4692 GBP

10 10/11p ordinary

Purchase

619

2.4736 GBP

10 10/11p ordinary

Purchase

222

2.4745 GBP

10 10/11p ordinary

Purchase

169

2.4780 GBP

10 10/11p ordinary

Purchase

119

2.4860 GBP

10 10/11p ordinary

Sale

346,941

2.4786 GBP

10 10/11p ordinary

Sale

261,244

2.4718 GBP

10 10/11p ordinary

Sale

250,000

2.4727 GBP

10 10/11p ordinary

Sale

227,442

2.4710 GBP

10 10/11p ordinary

Sale

175,427

2.4783 GBP

10 10/11p ordinary

Sale

146,524

2.4773 GBP

10 10/11p ordinary

Sale

124,211

2.4735 GBP

10 10/11p ordinary

Sale

108,496

2.4745 GBP

10 10/11p ordinary

Sale

103,340

2.4698 GBP

10 10/11p ordinary

Sale

96,012

2.4789 GBP

10 10/11p ordinary

Sale

91,966

2.4709 GBP

10 10/11p ordinary

Sale

83,696

2.4749 GBP

10 10/11p ordinary

Sale

68,553

2.4699 GBP

10 10/11p ordinary

Sale

66,521

2.4820 GBP

10 10/11p ordinary

Sale

63,904

2.4700 GBP

10 10/11p ordinary

Sale

54,562

2.4775 GBP

10 10/11p ordinary

Sale

39,412

2.4714 GBP

10 10/11p ordinary

Sale

33,814

2.4746 GBP

10 10/11p ordinary

Sale

33,590

2.4766 GBP

10 10/11p ordinary

Sale

25,930

2.4740 GBP

10 10/11p ordinary

Sale

21,451

2.4802 GBP

10 10/11p ordinary

Sale

20,304

2.4770 GBP

10 10/11p ordinary

Sale

18,456

2.4795 GBP

10 10/11p ordinary

Sale

13,139

2.4661 GBP

10 10/11p ordinary

Sale

12,781

2.4788 GBP

10 10/11p ordinary

Sale

11,927

2.4787 GBP

10 10/11p ordinary

Sale

11,003

2.4806 GBP

10 10/11p ordinary

Sale

10,879

2.4763 GBP

10 10/11p ordinary

Sale

10,785

2.4731 GBP

10 10/11p ordinary

Sale

10,674

2.4724 GBP

10 10/11p ordinary

Sale

9,837

2.4793 GBP

10 10/11p ordinary

Sale

9,287

2.4725 GBP

10 10/11p ordinary

Sale

8,642

2.4790 GBP

10 10/11p ordinary

Sale

7,162

2.4716 GBP

10 10/11p ordinary

Sale

6,168

2.4764 GBP

10 10/11p ordinary

Sale

5,939

2.4720 GBP

10 10/11p ordinary

Sale

5,511

2.4777 GBP

10 10/11p ordinary

Sale

5,365

2.4791 GBP

10 10/11p ordinary

Sale

4,806

2.4739 GBP

10 10/11p ordinary

Sale

4,328

2.4703 GBP

10 10/11p ordinary

Sale

3,884

2.4631 GBP

10 10/11p ordinary

Sale

3,820

2.4772 GBP

10 10/11p ordinary

Sale

3,337

2.4807 GBP

10 10/11p ordinary

Sale

2,276

2.4768 GBP

10 10/11p ordinary

Sale

2,190

2.4688 GBP

10 10/11p ordinary

Sale

1,990

2.4785 GBP

10 10/11p ordinary

Sale

1,614

2.4674 GBP

10 10/11p ordinary

Sale

1,579

2.4708 GBP

10 10/11p ordinary

Sale

1,508

2.4691 GBP

10 10/11p ordinary

Sale

997

2.4800 GBP

10 10/11p ordinary

Sale

772

2.4680 GBP

10 10/11p ordinary

Sale

549

2.4796 GBP

10 10/11p ordinary

Sale

169

2.4780 GBP

10 10/11p ordinary

Sale

119

2.4860 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

46,800

2.4697 GBP

10 10/11p ordinary

SWAP

Increasing Long

103,340

2.4698 GBP

10 10/11p ordinary

SWAP

Increasing Long

38,216

2.4700 GBP

10 10/11p ordinary

SWAP

Increasing Long

6,479

2.4716 GBP

10 10/11p ordinary

SWAP

Increasing Long

250,000

2.4718 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,363

2.4725 GBP

10 10/11p ordinary

SWAP

Increasing Long

250,000

2.4727 GBP

10 10/11p ordinary

SWAP

Increasing Long

14,923

2.4729 GBP

10 10/11p ordinary

SWAP

Increasing Long

33,814

2.4746 GBP

10 10/11p ordinary

SWAP

Increasing Long

93,573

2.4747 GBP

10 10/11p ordinary

SWAP

Increasing Long

43,745

2.4760 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,276

2.4768 GBP

10 10/11p ordinary

SWAP

Increasing Long

37,427

2.4772 GBP

10 10/11p ordinary

SWAP

Increasing Long

146,524

2.4773 GBP

10 10/11p ordinary

SWAP

Increasing Long

52,078

2.4775 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,239

2.4779 GBP

10 10/11p ordinary

SWAP

Increasing Long

175,427

2.4783 GBP

10 10/11p ordinary

SWAP

Increasing Long

292,738

2.4786 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,781

2.4788 GBP

10 10/11p ordinary

SWAP

Increasing Long

77,069

2.4789 GBP

10 10/11p ordinary

SWAP

Increasing Long

9,837

2.4793 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,489

2.4795 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,224

2.4797 GBP

10 10/11p ordinary

SWAP

Increasing Long

6,189

2.4799 GBP

10 10/11p ordinary

SWAP

Decreasing Long

117

2.4500 GBP

10 10/11p ordinary

SWAP

Decreasing Long

10,836

2.4676 GBP

10 10/11p ordinary

SWAP

Decreasing Long

72,374

2.4700 GBP

10 10/11p ordinary

SWAP

Decreasing Long

47,347

2.4717 GBP

10 10/11p ordinary

SWAP

Decreasing Long

20,790

2.4738 GBP

10 10/11p ordinary

SWAP

Decreasing Long

222

2.4745 GBP

10 10/11p ordinary

SWAP

Decreasing Long

713

2.4767 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,031

2.4778 GBP

10 10/11p ordinary

SWAP

Decreasing Long

632

2.4779 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,265

2.4797 GBP

10 10/11p ordinary

SWAP

Decreasing Long

73,109

2.4835 GBP

10 10/11p ordinary

SWAP

Decreasing Long

41,186

2.4842 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,052

2.4859 GBP

10 10/11p ordinary

CFD

Decreasing Short

2,298

2.4727 GBP

10 10/11p ordinary

CFD

Decreasing Short

2,588

2.4735 GBP

10 10/11p ordinary

CFD

Increasing Short

3,463

2.4701 GBP

10 10/11p ordinary

CFD

Increasing Short

11,278

2.4743 GBP

10 10/11p ordinary

CFD

Increasing Short

4,838

2.4941 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:

11 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213