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:

31 Jan 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:

14,101,893

1.08%

14,157,281

1.08%

(2) Cash-settled derivatives:

14,949,789

1.14%

14,106,768

1.08%

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

0

0.00%

0

0.00%

TOTAL: 

29,051,682

2.22%

28,264,049

2.16%

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

199,910

2.6852 GBP

10 10/11p ordinary

Purchase

98,857

2.6780 GBP

10 10/11p ordinary

Purchase

84,109

2.6782 GBP

10 10/11p ordinary

Purchase

51,481

2.6795 GBP

10 10/11p ordinary

Purchase

27,273

2.6793 GBP

10 10/11p ordinary

Purchase

8,837

2.6838 GBP

10 10/11p ordinary

Purchase

8,707

2.6845 GBP

10 10/11p ordinary

Purchase

6,691

2.6851 GBP

10 10/11p ordinary

Purchase

4,677

2.6824 GBP

10 10/11p ordinary

Purchase

4,489

2.6880 GBP

10 10/11p ordinary

Purchase

4,389

2.6812 GBP

10 10/11p ordinary

Purchase

4,188

2.6813 GBP

10 10/11p ordinary

Purchase

3,618

2.6823 GBP

10 10/11p ordinary

Purchase

3,468

2.6860 GBP

10 10/11p ordinary

Purchase

2,439

2.6822 GBP

10 10/11p ordinary

Purchase

1,859

2.6863 GBP

10 10/11p ordinary

Purchase

1,565

2.6817 GBP

10 10/11p ordinary

Purchase

1,404

2.6840 GBP

10 10/11p ordinary

Purchase

1,249

2.6819 GBP

10 10/11p ordinary

Purchase

1,240

2.6853 GBP

10 10/11p ordinary

Purchase

660

2.6858 GBP

10 10/11p ordinary

Purchase

370

2.6865 GBP

10 10/11p ordinary

Purchase

109

2.6820 GBP

10 10/11p ordinary

Sale

330,594

2.6780 GBP

10 10/11p ordinary

Sale

169,857

2.6793 GBP

10 10/11p ordinary

Sale

112,515

2.6839 GBP

10 10/11p ordinary

Sale

84,878

2.6836 GBP

10 10/11p ordinary

Sale

45,620

2.6779 GBP

10 10/11p ordinary

Sale

22,646

2.6852 GBP

10 10/11p ordinary

Sale

19,266

2.6820 GBP

10 10/11p ordinary

Sale

17,756

2.6823 GBP

10 10/11p ordinary

Sale

17,603

2.6863 GBP

10 10/11p ordinary

Sale

10,178

2.6848 GBP

10 10/11p ordinary

Sale

7,074

2.6818 GBP

10 10/11p ordinary

Sale

6,743

2.6880 GBP

10 10/11p ordinary

Sale

3,249

2.6850 GBP

10 10/11p ordinary

Sale

2,555

2.6857 GBP

10 10/11p ordinary

Sale

1,784

2.6860 GBP

10 10/11p ordinary

Sale

1,155

2.6875 GBP

10 10/11p ordinary

Sale

635

2.6766 GBP

10 10/11p ordinary

Sale

615

2.6840 GBP

10 10/11p ordinary

Sale

386

2.6831 GBP

10 10/11p ordinary

Sale

276

2.6799 GBP

10 10/11p ordinary

Sale

104

2.6800 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

31,655

2.6814 GBP

10 10/11p ordinary

SWAP

Increasing Long

114,199

2.6778 GBP

10 10/11p ordinary

SWAP

Increasing Long

45,620

2.6779 GBP

10 10/11p ordinary

SWAP

Increasing Long

278,583

2.6780 GBP

10 10/11p ordinary

SWAP

Increasing Long

276

2.6799 GBP

10 10/11p ordinary

SWAP

Increasing Long

81

2.6819 GBP

10 10/11p ordinary

SWAP

Increasing Long

19,207

2.6820 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,805

2.6821 GBP

10 10/11p ordinary

SWAP

Increasing Long

386

2.6831 GBP

10 10/11p ordinary

SWAP

Increasing Long

9,926

2.6834 GBP

10 10/11p ordinary

SWAP

Increasing Long

84,878

2.6836 GBP

10 10/11p ordinary

SWAP

Increasing Long

74,529

2.6837 GBP

10 10/11p ordinary

SWAP

Increasing Long

206

2.6840 GBP

10 10/11p ordinary

SWAP

Increasing Long

31,418

2.6844 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,194

2.6847 GBP

10 10/11p ordinary

SWAP

Increasing Long

10,178

2.6848 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,358

2.6850 GBP

10 10/11p ordinary

SWAP

Increasing Long

106

2.6851 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,839

2.6852 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,555

2.6857 GBP

10 10/11p ordinary

SWAP

Increasing Long

24,296

2.6859 GBP

10 10/11p ordinary

SWAP

Increasing Long

297

2.6860 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,525

2.6863 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,155

2.6875 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,822

2.6882 GBP

10 10/11p ordinary

SWAP

Decreasing Long

70,880

2.6780 GBP

10 10/11p ordinary

SWAP

Decreasing Long

41,218

2.6781 GBP

10 10/11p ordinary

SWAP

Decreasing Long

38,135

2.6784 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,389

2.6812 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,565

2.6817 GBP

10 10/11p ordinary

SWAP

Decreasing Long

16,330

2.6826 GBP

10 10/11p ordinary

SWAP

Decreasing Long

10,569

2.6838 GBP

10 10/11p ordinary

SWAP

Decreasing Long

128,412

2.6844 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,109

2.6850 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,819

2.6860 GBP

10 10/11p ordinary

SWAP

Decreasing Long

71,498

2.6865 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,009

2.6880 GBP

10 10/11p ordinary

CFD

Increasing Short

2,746

2.6780 GBP

10 10/11p ordinary

CFD

Increasing Short

1,644

2.6811 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:

03 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213