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:

13 Mar 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:

34,087,756

2.60%

11,036,492

0.84%

(2) Cash-settled derivatives:

10,684,467

0.81%

33,469,651

2.55%

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

0

0.00%

0

0.00%

TOTAL: 

44,772,223

3.41%

44,506,143

3.39%

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

2,003,234

2.7808 GBP

10 10/11p ordinary

Purchase

316,428

2.7800 GBP

10 10/11p ordinary

Purchase

285,842

2.7796 GBP

10 10/11p ordinary

Purchase

91,579

2.7789 GBP

10 10/11p ordinary

Purchase

88,566

2.7829 GBP

10 10/11p ordinary

Purchase

63,395

2.7784 GBP

10 10/11p ordinary

Purchase

60,174

2.7828 GBP

10 10/11p ordinary

Purchase

50,927

2.7783 GBP

10 10/11p ordinary

Purchase

48,737

2.7798 GBP

10 10/11p ordinary

Purchase

29,374

2.7778 GBP

10 10/11p ordinary

Purchase

22,404

2.7765 GBP

10 10/11p ordinary

Purchase

22,361

2.7809 GBP

10 10/11p ordinary

Purchase

21,343

2.7837 GBP

10 10/11p ordinary

Purchase

12,041

2.7823 GBP

10 10/11p ordinary

Purchase

10,378

2.7824 GBP

10 10/11p ordinary

Purchase

6,443

2.7759 GBP

10 10/11p ordinary

Purchase

4,621

2.7860 GBP

10 10/11p ordinary

Purchase

4,279

2.7742 GBP

10 10/11p ordinary

Purchase

3,815

2.7802 GBP

10 10/11p ordinary

Purchase

3,324

2.7820 GBP

10 10/11p ordinary

Purchase

3,119

2.7818 GBP

10 10/11p ordinary

Purchase

2,538

2.7810 GBP

10 10/11p ordinary

Purchase

1,621

2.7790 GBP

10 10/11p ordinary

Purchase

921

2.7822 GBP

10 10/11p ordinary

Purchase

705

2.7780 GBP

10 10/11p ordinary

Purchase

642

2.7799 GBP

10 10/11p ordinary

Purchase

98

2.7770 GBP

10 10/11p ordinary

Purchase

16

2.7760 GBP

10 10/11p ordinary

Purchase

5

2.7768 GBP

10 10/11p ordinary

Sale

610,359

2.7802 GBP

10 10/11p ordinary

Sale

89,038

2.7799 GBP

10 10/11p ordinary

Sale

77,668

2.7815 GBP

10 10/11p ordinary

Sale

77,033

2.7800 GBP

10 10/11p ordinary

Sale

73,228

2.7809 GBP

10 10/11p ordinary

Sale

61,827

2.7787 GBP

10 10/11p ordinary

Sale

52,240

2.7806 GBP

10 10/11p ordinary

Sale

39,191

2.7816 GBP

10 10/11p ordinary

Sale

31,953

2.7830 GBP

10 10/11p ordinary

Sale

10,927

2.7796 GBP

10 10/11p ordinary

Sale

9,109

2.7780 GBP

10 10/11p ordinary

Sale

8,330

2.7692 GBP

10 10/11p ordinary

Sale

6,405

2.7808 GBP

10 10/11p ordinary

Sale

5,938

2.7756 GBP

10 10/11p ordinary

Sale

5,764

2.7813 GBP

10 10/11p ordinary

Sale

4,846

2.7837 GBP

10 10/11p ordinary

Sale

4,621

2.7860 GBP

10 10/11p ordinary

Sale

4,301

2.7794 GBP

10 10/11p ordinary

Sale

3,662

2.7709 GBP

10 10/11p ordinary

Sale

2,414

2.7779 GBP

10 10/11p ordinary

Sale

1,955

2.7819 GBP

10 10/11p ordinary

Sale

482

2.7824 GBP

10 10/11p ordinary

Sale

339

2.7700 GBP

10 10/11p ordinary

Sale

158

2.7760 GBP

10 10/11p ordinary

Sale

143

2.7740 GBP

10 10/11p ordinary

Sale

43

2.7820 GBP

10 10/11p ordinary

Sale

38

2.7836 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

2,000,000

2.7808 GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,330

2.7692 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,662

2.7709 GBP

10 10/11p ordinary

SWAP

Decreasing Short

388

2.7760 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22

2.7765 GBP

10 10/11p ordinary

SWAP

Decreasing Short

969

2.7775 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,259

2.7776 GBP

10 10/11p ordinary

SWAP

Decreasing Short

61,827

2.7787 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,301

2.7794 GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,126

2.7795 GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,927

2.7796 GBP

10 10/11p ordinary

SWAP

Decreasing Short

89,038

2.7799 GBP

10 10/11p ordinary

SWAP

Decreasing Short

74,099

2.7800 GBP

10 10/11p ordinary

SWAP

Decreasing Short

52,240

2.7806 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,405

2.7808 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,764

2.7813 GBP

10 10/11p ordinary

SWAP

Decreasing Short

53,031

2.7814 GBP

10 10/11p ordinary

SWAP

Decreasing Short

56,851

2.7815 GBP

10 10/11p ordinary

SWAP

Decreasing Short

39,191

2.7816 GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,817

2.7817 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,955

2.7819 GBP

10 10/11p ordinary

SWAP

Decreasing Short

482

2.7824 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,700

2.7825 GBP

10 10/11p ordinary

SWAP

Decreasing Short

26,100

2.7830 GBP

10 10/11p ordinary

SWAP

Decreasing Short

38

2.7836 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,846

2.7837 GBP

10 10/11p ordinary

SWAP

Increasing Short

197

2.7722 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,634

2.7775 GBP

10 10/11p ordinary

SWAP

Increasing Short

29,374

2.7778 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,674

2.7782 GBP

10 10/11p ordinary

SWAP

Increasing Short

62,904

2.7784 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,621

2.7790 GBP

10 10/11p ordinary

SWAP

Increasing Short

19,378

2.7796 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,658

2.7798 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,641

2.7800 GBP

10 10/11p ordinary

SWAP

Increasing Short

135,863

2.7801 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,815

2.7802 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,234

2.7808 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,566

2.7816 GBP

10 10/11p ordinary

SWAP

Increasing Short

12,041

2.7823 GBP

10 10/11p ordinary

SWAP

Increasing Short

21,343

2.7837 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,691

2.7839 GBP

10 10/11p ordinary

CFD

Decreasing Short

22,663

2.7793 GBP

10 10/11p ordinary

CFD

Increasing Short

1,666

2.7761 GBP

10 10/11p ordinary

CFD

Increasing Short

9,216

2.7790 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:

14 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213