Form 8.3 -DIRECT LINE INSURANCE GROUP PLC

zFORM 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:

21 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 AVIVA

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:

11,678,262

0.89%

12,875,506

0.98%

(2) Cash-settled derivatives:

13,551,425

1.03%

11,520,305

0.88%

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

0

0.00%

0

0.00%

TOTAL: 

25,229,687

1.92%

24,395,811

1.86%

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

93,695

2.6180 GBP

10 10/11p ordinary

Purchase

75,941

2.6222 GBP

10 10/11p ordinary

Purchase

39,839

2.6176 GBP

10 10/11p ordinary

Purchase

32,485

2.6195 GBP

10 10/11p ordinary

Purchase

21,201

2.6174 GBP

10 10/11p ordinary

Purchase

17,342

2.6191 GBP

10 10/11p ordinary

Purchase

15,217

2.6187 GBP

10 10/11p ordinary

Purchase

13,415

2.6159 GBP

10 10/11p ordinary

Purchase

5,289

2.6215 GBP

10 10/11p ordinary

Purchase

4,526

2.6234 GBP

10 10/11p ordinary

Purchase

4,233

2.6220 GBP

10 10/11p ordinary

Purchase

3,920

2.6160 GBP

10 10/11p ordinary

Purchase

3,694

2.6213 GBP

10 10/11p ordinary

Purchase

3,675

2.6162 GBP

10 10/11p ordinary

Purchase

2,548

2.6181 GBP

10 10/11p ordinary

Purchase

2,319

2.6190 GBP

10 10/11p ordinary

Purchase

2,312

2.6204 GBP

10 10/11p ordinary

Purchase

2,116

2.6142 GBP

10 10/11p ordinary

Purchase

1,917

2.6200 GBP

10 10/11p ordinary

Purchase

1,848

2.6120 GBP

10 10/11p ordinary

Purchase

1,667

2.6230 GBP

10 10/11p ordinary

Purchase

1,492

2.6192 GBP

10 10/11p ordinary

Purchase

921

2.6210 GBP

10 10/11p ordinary

Purchase

814

2.6140 GBP

10 10/11p ordinary

Purchase

751

2.6280 GBP

10 10/11p ordinary

Sale

48,395

2.6202 GBP

10 10/11p ordinary

Sale

40,855

2.6180 GBP

10 10/11p ordinary

Sale

36,782

2.6215 GBP

10 10/11p ordinary

Sale

20,069

2.6203 GBP

10 10/11p ordinary

Sale

18,300

2.6167 GBP

10 10/11p ordinary

Sale

12,290

2.6193 GBP

10 10/11p ordinary

Sale

6,568

2.6226 GBP

10 10/11p ordinary

Sale

4,827

2.6177 GBP

10 10/11p ordinary

Sale

3,920

2.6160 GBP

10 10/11p ordinary

Sale

3,893

2.6172 GBP

10 10/11p ordinary

Sale

2,932

2.6164 GBP

10 10/11p ordinary

Sale

2,533

2.6166 GBP

10 10/11p ordinary

Sale

2,103

2.6225 GBP

10 10/11p ordinary

Sale

1,945

2.6201 GBP

10 10/11p ordinary

Sale

1,848

2.6120 GBP

10 10/11p ordinary

Sale

1,549

2.6220 GBP

10 10/11p ordinary

Sale

641

2.6140 GBP

10 10/11p ordinary

Sale

636

2.6192 GBP

10 10/11p ordinary

Sale

636

2.6182 GBP

10 10/11p ordinary

Sale

579

2.6200 GBP

10 10/11p ordinary

Sale

284

2.6183 GBP

10 10/11p ordinary

Sale

173

2.6142 GBP

10 10/11p ordinary

Sale

109

2.6149 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

38,505

2.6193 GBP

10 10/11p ordinary

SWAP

Increasing Long

18,300

2.6167 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,879

2.6173 GBP

10 10/11p ordinary

SWAP

Increasing Long

284,699

2.6180 GBP

10 10/11p ordinary

SWAP

Increasing Long

284

2.6183 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,339

2.6188 GBP

10 10/11p ordinary

SWAP

Increasing Long

20,069

2.6203 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,027

2.6208 GBP

10 10/11p ordinary

SWAP

Increasing Long

33,333

2.6215 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,846

2.6220 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,103

2.6225 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,116

2.6142 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,300

2.6149 GBP

10 10/11p ordinary

SWAP

Decreasing Long

13,415

2.6159 GBP

10 10/11p ordinary

SWAP

Decreasing Long

131

2.6160 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,675

2.6162 GBP

10 10/11p ordinary

SWAP

Decreasing Long

292,769

2.6180 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,548

2.6181 GBP

10 10/11p ordinary

SWAP

Decreasing Long

17,342

2.6191 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,702

2.6192 GBP

10 10/11p ordinary

SWAP

Decreasing Long

21,140

2.6194 GBP

10 10/11p ordinary

SWAP

Decreasing Long

32,485

2.6195 GBP

10 10/11p ordinary

SWAP

Decreasing Long

64,234

2.6222 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,707

2.6223 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,526

2.6234 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:

22 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213