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:

15 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:

40,894,852

3.12%

5,434,855

0.41%

(2) Cash-settled derivatives:

5,949,943

0.45%

40,137,200

3.06%

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

0

0.00%

0

0.00%

TOTAL: 

46,844,795

3.57%

45,572,055

3.47%

(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

500,000

2.8783 GBP

10 10/11p ordinary

Purchase

370,640

2.9226 GBP

10 10/11p ordinary

Purchase

200,900

2.9240 GBP

10 10/11p ordinary

Purchase

156,603

2.9124 GBP

10 10/11p ordinary

Purchase

96,072

2.9199 GBP

10 10/11p ordinary

Purchase

95,578

2.9215 GBP

10 10/11p ordinary

Purchase

40,728

2.9166 GBP

10 10/11p ordinary

Purchase

19,508

2.9246 GBP

10 10/11p ordinary

Purchase

18,168

2.9200 GBP

10 10/11p ordinary

Purchase

17,337

2.9294 GBP

10 10/11p ordinary

Purchase

14,768

2.9222 GBP

10 10/11p ordinary

Purchase

11,493

2.9268 GBP

10 10/11p ordinary

Purchase

10,932

2.8800 GBP

10 10/11p ordinary

Purchase

6,062

2.9239 GBP

10 10/11p ordinary

Purchase

5,933

2.9307 GBP

10 10/11p ordinary

Purchase

5,012

2.9301 GBP

10 10/11p ordinary

Purchase

4,462

2.9161 GBP

10 10/11p ordinary

Purchase

4,373

2.9251 GBP

10 10/11p ordinary

Purchase

3,954

2.9281 GBP

10 10/11p ordinary

Purchase

2,979

2.9360 GBP

10 10/11p ordinary

Purchase

2,089

2.9120 GBP

10 10/11p ordinary

Purchase

2,060

2.9096 GBP

10 10/11p ordinary

Purchase

1,923

2.8830 GBP

10 10/11p ordinary

Purchase

1,585

2.9258 GBP

10 10/11p ordinary

Purchase

1,502

2.9370 GBP

10 10/11p ordinary

Purchase

1,123

2.9330 GBP

10 10/11p ordinary

Purchase

1,015

2.9230 GBP

10 10/11p ordinary

Purchase

825

2.9100 GBP

10 10/11p ordinary

Purchase

641

2.9160 GBP

10 10/11p ordinary

Purchase

545

2.9290 GBP

10 10/11p ordinary

Purchase

220

2.9400 GBP

10 10/11p ordinary

Purchase

177

2.8860 GBP

10 10/11p ordinary

Sale

220,975

2.9213 GBP

10 10/11p ordinary

Sale

120,716

2.9244 GBP

10 10/11p ordinary

Sale

106,492

2.9149 GBP

10 10/11p ordinary

Sale

75,559

2.9240 GBP

10 10/11p ordinary

Sale

31,700

2.9111 GBP

10 10/11p ordinary

Sale

17,361

2.9200 GBP

10 10/11p ordinary

Sale

16,235

2.9017 GBP

10 10/11p ordinary

Sale

7,262

2.9112 GBP

10 10/11p ordinary

Sale

6,481

2.9100 GBP

10 10/11p ordinary

Sale

3,916

2.9121 GBP

10 10/11p ordinary

Sale

2,571

2.9124 GBP

10 10/11p ordinary

Sale

2,395

2.9239 GBP

10 10/11p ordinary

Sale

2,245

2.9120 GBP

10 10/11p ordinary

Sale

1,977

2.9281 GBP

10 10/11p ordinary

Sale

1,822

2.9031 GBP

10 10/11p ordinary

Sale

1,491

2.9130 GBP

10 10/11p ordinary

Sale

1,123

2.9330 GBP

10 10/11p ordinary

Sale

910

2.9311 GBP

10 10/11p ordinary

Sale

774

2.9259 GBP

10 10/11p ordinary

Sale

761

2.8978 GBP

10 10/11p ordinary

Sale

641

2.9160 GBP

10 10/11p ordinary

Sale

442

2.8866 GBP

10 10/11p ordinary

Sale

232

2.8840 GBP

10 10/11p ordinary

Sale

220

2.9400 GBP

10 10/11p ordinary

Sale

178

2.9254 GBP

10 10/11p ordinary

Sale

169

2.9237 GBP

10 10/11p ordinary

Sale

127

2.9234 GBP

10 10/11p ordinary

Sale

73

2.8859 GBP

10 10/11p ordinary

Sale

29

2.8740 GBP

10 10/11p ordinary

Sale

20

2.8700 GBP

10 10/11p ordinary

Sale

11

2.8720 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

73

2.8859 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,235

2.9017 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,822

2.9031 GBP

10 10/11p ordinary

SWAP

Decreasing Short

87

2.9200 GBP

10 10/11p ordinary

SWAP

Decreasing Short

127

2.9234 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,506

2.9235 GBP

10 10/11p ordinary

SWAP

Decreasing Short

169

2.9237 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,395

2.9239 GBP

10 10/11p ordinary

SWAP

Decreasing Short

120,716

2.9244 GBP

10 10/11p ordinary

SWAP

Decreasing Short

178

2.9254 GBP

10 10/11p ordinary

SWAP

Decreasing Short

93

2.9258 GBP

10 10/11p ordinary

SWAP

Decreasing Short

774

2.9259 GBP

10 10/11p ordinary

SWAP

Decreasing Short

910

2.9311 GBP

10 10/11p ordinary

SWAP

Increasing Short

500,000

2.8783 GBP

10 10/11p ordinary

SWAP

Increasing Short

69

2.9076 GBP

10 10/11p ordinary

SWAP

Increasing Short

12,558

2.9081 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,504

2.9111 GBP

10 10/11p ordinary

SWAP

Increasing Short

22,404

2.9124 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,462

2.9161 GBP

10 10/11p ordinary

SWAP

Increasing Short

40,728

2.9166 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,291

2.9177 GBP

10 10/11p ordinary

SWAP

Increasing Short

96,072

2.9199 GBP

10 10/11p ordinary

SWAP

Increasing Short

16,285

2.9202 GBP

10 10/11p ordinary

SWAP

Increasing Short

107,506

2.9218 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,015

2.9230 GBP

10 10/11p ordinary

SWAP

Increasing Short

179,122

2.9240 GBP

10 10/11p ordinary

SWAP

Increasing Short

19,508

2.9246 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,373

2.9251 GBP

10 10/11p ordinary

SWAP

Increasing Short

10,042

2.9263 GBP

10 10/11p ordinary

SWAP

Increasing Short

16,063

2.9279 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,337

2.9294 GBP

10 10/11p ordinary

SWAP

Increasing Short

972

2.9301 GBP

10 10/11p ordinary

CFD

Decreasing Short

12,366

2.8827 GBP

10 10/11p ordinary

CFD

Decreasing Short

1,054

2.9110 GBP

10 10/11p ordinary

CFD

Increasing Short

67,036

2.9302 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:

16 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213