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:

16 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:

40,853,715

3.12%

5,345,491

0.40%

(2) Cash-settled derivatives:

5,870,126

0.45%

40,099,898

3.06%

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

0

0.00%

0

0.00%

TOTAL: 

46,723,841

3.56%

45,445,389

3.46%

(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

154,355

2.9229 GBP

10 10/11p ordinary

Purchase

145,084

2.9220 GBP

10 10/11p ordinary

Purchase

122,917

2.9239 GBP

10 10/11p ordinary

Purchase

106,041

2.9203 GBP

10 10/11p ordinary

Purchase

97,097

2.9246 GBP

10 10/11p ordinary

Purchase

56,048

2.9205 GBP

10 10/11p ordinary

Purchase

53,887

2.9280 GBP

10 10/11p ordinary

Purchase

37,837

2.9217 GBP

10 10/11p ordinary

Purchase

29,286

2.9255 GBP

10 10/11p ordinary

Purchase

26,873

2.9235 GBP

10 10/11p ordinary

Purchase

21,342

2.9237 GBP

10 10/11p ordinary

Purchase

16,445

2.9233 GBP

10 10/11p ordinary

Purchase

11,247

2.9266 GBP

10 10/11p ordinary

Purchase

9,237

2.9232 GBP

10 10/11p ordinary

Purchase

9,020

2.9211 GBP

10 10/11p ordinary

Purchase

7,756

2.9252 GBP

10 10/11p ordinary

Purchase

7,097

2.9251 GBP

10 10/11p ordinary

Purchase

5,230

2.9224 GBP

10 10/11p ordinary

Purchase

3,391

2.9260 GBP

10 10/11p ordinary

Purchase

3,327

2.9282 GBP

10 10/11p ordinary

Purchase

3,246

2.9240 GBP

10 10/11p ordinary

Purchase

3,035

2.9213 GBP

10 10/11p ordinary

Purchase

846

2.9200 GBP

10 10/11p ordinary

Sale

197,333

2.9280 GBP

10 10/11p ordinary

Sale

134,808

2.9255 GBP

10 10/11p ordinary

Sale

106,783

2.9250 GBP

10 10/11p ordinary

Sale

100,121

2.9221 GBP

10 10/11p ordinary

Sale

78,095

2.9224 GBP

10 10/11p ordinary

Sale

66,270

2.9240 GBP

10 10/11p ordinary

Sale

50,895

2.9241 GBP

10 10/11p ordinary

Sale

36,077

2.9276 GBP

10 10/11p ordinary

Sale

23,911

2.9202 GBP

10 10/11p ordinary

Sale

13,252

2.9247 GBP

10 10/11p ordinary

Sale

11,282

2.9294 GBP

10 10/11p ordinary

Sale

11,247

2.9266 GBP

10 10/11p ordinary

Sale

10,537

2.9203 GBP

10 10/11p ordinary

Sale

9,150

2.9205 GBP

10 10/11p ordinary

Sale

9,027

2.9206 GBP

10 10/11p ordinary

Sale

8,653

2.9237 GBP

10 10/11p ordinary

Sale

3,322

2.9234 GBP

10 10/11p ordinary

Sale

3,093

2.9260 GBP

10 10/11p ordinary

Sale

2,663

2.9230 GBP

10 10/11p ordinary

Sale

1,364

2.9216 GBP

10 10/11p ordinary

Sale

1,200

2.9242 GBP

10 10/11p ordinary

Sale

900

2.9180 GBP

10 10/11p ordinary

Sale

774

2.9279 GBP

10 10/11p ordinary

Sale

370

2.9219 GBP

10 10/11p ordinary

Sale

351

2.9200 GBP

10 10/11p ordinary

Sale

351

2.9257 GBP

10 10/11p ordinary

Sale

341

2.9239 GBP

10 10/11p ordinary

Sale

247

2.9220 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

1,012

2.9184 GBP

10 10/11p ordinary

SWAP

Decreasing Short

351

2.9200 GBP

10 10/11p ordinary

SWAP

Decreasing Short

624

2.9206 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,364

2.9216 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,256

2.9218 GBP

10 10/11p ordinary

SWAP

Decreasing Short

135

2.9220 GBP

10 10/11p ordinary

SWAP

Decreasing Short

100,121

2.9221 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,663

2.9230 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,322

2.9234 GBP

10 10/11p ordinary

SWAP

Decreasing Short

341

2.9239 GBP

10 10/11p ordinary

SWAP

Decreasing Short

63,024

2.9240 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,200

2.9242 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,452

2.9246 GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,252

2.9247 GBP

10 10/11p ordinary

SWAP

Decreasing Short

413

2.9251 GBP

10 10/11p ordinary

SWAP

Decreasing Short

351

2.9257 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,864

2.9259 GBP

10 10/11p ordinary

SWAP

Decreasing Short

774

2.9279 GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,651

2.9280 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,282

2.9294 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,020

2.9211 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,035

2.9213 GBP

10 10/11p ordinary

SWAP

Increasing Short

13,831

2.9232 GBP

10 10/11p ordinary

SWAP

Increasing Short

59,810

2.9235 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,600

2.9239 GBP

10 10/11p ordinary

SWAP

Increasing Short

64,160

2.9252 GBP

10 10/11p ordinary

SWAP

Increasing Short

798

2.9255 GBP

10 10/11p ordinary

SWAP

Increasing Short

298

2.9260 GBP

10 10/11p ordinary

SWAP

Increasing Short

36,925

2.9280 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,327

2.9282 GBP

10 10/11p ordinary

CFD

Increasing Short

74,163

2.9221 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:

19 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213