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:

04 Feb 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:

15,153,446

1.16%

13,362,924

1.02%

(2) Cash-settled derivatives:

14,129,679

1.08%

15,152,966

1.16%

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

0

0.00%

0

0.00%

TOTAL: 

29,283,125

2.23%

28,515,890

2.17%

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

1,259,711

2.6540 GBP

10 10/11p ordinary

Purchase

804,080

2.6478 GBP

10 10/11p ordinary

Purchase

575,326

2.6561 GBP

10 10/11p ordinary

Purchase

127,813

2.6539 GBP

10 10/11p ordinary

Purchase

65,098

2.6544 GBP

10 10/11p ordinary

Purchase

37,808

2.6560 GBP

10 10/11p ordinary

Purchase

36,522

2.6535 GBP

10 10/11p ordinary

Purchase

8,002

2.6526 GBP

10 10/11p ordinary

Purchase

6,503

2.6530 GBP

10 10/11p ordinary

Purchase

6,026

2.6500 GBP

10 10/11p ordinary

Purchase

4,553

2.6568 GBP

10 10/11p ordinary

Purchase

3,632

2.6520 GBP

10 10/11p ordinary

Purchase

3,061

2.6549 GBP

10 10/11p ordinary

Purchase

2,612

2.6480 GBP

10 10/11p ordinary

Purchase

2,576

2.6541 GBP

10 10/11p ordinary

Purchase

1,677

2.6508 GBP

10 10/11p ordinary

Purchase

1,279

2.6620 GBP

10 10/11p ordinary

Purchase

603

2.6504 GBP

10 10/11p ordinary

Purchase

319

2.6528 GBP

10 10/11p ordinary

Sale

280,251

2.6539 GBP

10 10/11p ordinary

Sale

140,032

2.6540 GBP

10 10/11p ordinary

Sale

92,238

2.6527 GBP

10 10/11p ordinary

Sale

89,986

2.6538 GBP

10 10/11p ordinary

Sale

79,465

2.6548 GBP

10 10/11p ordinary

Sale

59,893

2.6510 GBP

10 10/11p ordinary

Sale

41,895

2.6541 GBP

10 10/11p ordinary

Sale

37,695

2.6532 GBP

10 10/11p ordinary

Sale

26,418

2.6507 GBP

10 10/11p ordinary

Sale

20,593

2.6503 GBP

10 10/11p ordinary

Sale

17,547

2.6557 GBP

10 10/11p ordinary

Sale

10,418

2.6543 GBP

10 10/11p ordinary

Sale

9,322

2.6535 GBP

10 10/11p ordinary

Sale

9,164

2.6482 GBP

10 10/11p ordinary

Sale

7,465

2.6549 GBP

10 10/11p ordinary

Sale

5,819

2.6586 GBP

10 10/11p ordinary

Sale

5,807

2.6520 GBP

10 10/11p ordinary

Sale

4,596

2.6521 GBP

10 10/11p ordinary

Sale

3,675

2.6500 GBP

10 10/11p ordinary

Sale

3,611

2.6559 GBP

10 10/11p ordinary

Sale

1,882

2.6547 GBP

10 10/11p ordinary

Sale

950

2.6522 GBP

10 10/11p ordinary

Sale

264

2.6480 GBP

10 10/11p ordinary

Sale

190

2.6612 GBP

10 10/11p ordinary

Sale

119

2.6580 GBP

10 10/11p ordinary

Sale

103

2.6619 GBP

10 10/11p ordinary

Sale

65

2.6560 GBP

10 10/11p ordinary

Sale

26

2.6508 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

31,610

2.6542 GBP

10 10/11p ordinary

SWAP

Increasing Long

20,593

2.6503 GBP

10 10/11p ordinary

SWAP

Increasing Long

26

2.6508 GBP

10 10/11p ordinary

SWAP

Increasing Long

45,667

2.6510 GBP

10 10/11p ordinary

SWAP

Increasing Long

31,430

2.6512 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,217

2.6517 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,625

2.6520 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,899

2.6525 GBP

10 10/11p ordinary

SWAP

Increasing Long

92,238

2.6527 GBP

10 10/11p ordinary

SWAP

Increasing Long

37,695

2.6532 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,401

2.6535 GBP

10 10/11p ordinary

SWAP

Increasing Long

46,588

2.6538 GBP

10 10/11p ordinary

SWAP

Increasing Long

281,172

2.6539 GBP

10 10/11p ordinary

SWAP

Increasing Long

31,828

2.6540 GBP

10 10/11p ordinary

SWAP

Increasing Long

41,895

2.6541 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,882

2.6547 GBP

10 10/11p ordinary

SWAP

Increasing Long

79,175

2.6548 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,755

2.6549 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,547

2.6557 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,611

2.6559 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,801

2.6586 GBP

10 10/11p ordinary

SWAP

Increasing Long

18

2.6587 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,740

2.6513 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,002

2.6526 GBP

10 10/11p ordinary

SWAP

Decreasing Long

19,746

2.6535 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,229,066

2.6540 GBP

10 10/11p ordinary

SWAP

Decreasing Long

61,567

2.6541 GBP

10 10/11p ordinary

SWAP

Decreasing Long

20,057

2.6553 GBP

10 10/11p ordinary

SWAP

Decreasing Long

37,808

2.6560 GBP

10 10/11p ordinary

CFD

Increasing Short

804,080

2.6478 GBP

10 10/11p ordinary

CFD

Increasing Short

575,326

2.6561 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:

05 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213