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:

18 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:

34,480,947

2.63%

10,139,979

0.77%

(2) Cash-settled derivatives:

9,751,888

0.74%

33,806,244

2.58%

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

0

0.00%

0

0.00%

TOTAL: 

44,232,835

3.37%

43,946,223

3.35%

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

241,104

2.8277 GBP

10 10/11p ordinary

Purchase

186,283

2.8283 GBP

10 10/11p ordinary

Purchase

131,661

2.8268 GBP

10 10/11p ordinary

Purchase

106,328

2.8260 GBP

10 10/11p ordinary

Purchase

44,113

2.8286 GBP

10 10/11p ordinary

Purchase

33,319

2.8254 GBP

10 10/11p ordinary

Purchase

30,662

2.8253 GBP

10 10/11p ordinary

Purchase

13,828

2.8272 GBP

10 10/11p ordinary

Purchase

6,772

2.8245 GBP

10 10/11p ordinary

Purchase

6,392

2.8219 GBP

10 10/11p ordinary

Purchase

5,862

2.8246 GBP

10 10/11p ordinary

Purchase

2,620

2.8250 GBP

10 10/11p ordinary

Purchase

2,617

2.8240 GBP

10 10/11p ordinary

Purchase

2,604

2.8300 GBP

10 10/11p ordinary

Purchase

2,325

2.8320 GBP

10 10/11p ordinary

Purchase

2,044

2.8220 GBP

10 10/11p ordinary

Purchase

1,051

2.8297 GBP

10 10/11p ordinary

Sale

69,053

2.8247 GBP

10 10/11p ordinary

Sale

30,894

2.8250 GBP

10 10/11p ordinary

Sale

29,936

2.8234 GBP

10 10/11p ordinary

Sale

16,932

2.8244 GBP

10 10/11p ordinary

Sale

9,730

2.8236 GBP

10 10/11p ordinary

Sale

9,247

2.8260 GBP

10 10/11p ordinary

Sale

5,458

2.8240 GBP

10 10/11p ordinary

Sale

3,500

2.8280 GBP

10 10/11p ordinary

Sale

2,736

2.8242 GBP

10 10/11p ordinary

Sale

2,726

2.8259 GBP

10 10/11p ordinary

Sale

2,492

2.8228 GBP

10 10/11p ordinary

Sale

2,132

2.8297 GBP

10 10/11p ordinary

Sale

1,750

2.8270 GBP

10 10/11p ordinary

Sale

1,688

2.8209 GBP

10 10/11p ordinary

Sale

1,105

2.8300 GBP

10 10/11p ordinary

Sale

502

2.8271 GBP

10 10/11p ordinary

Sale

226

2.8979 GBP

10 10/11p ordinary

Sale

172

2.8263 GBP

10 10/11p ordinary

Sale

14

2.8222 GBP

10 10/11p ordinary

Sale

1

2.8400 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

11,100

2.8202 GBP

10 10/11p ordinary

SWAP

Decreasing Short

14

2.8222 GBP

10 10/11p ordinary

SWAP

Decreasing Short

436

2.8234 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,130

2.8236 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,581

2.8238 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,736

2.8242 GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,989

2.8247 GBP

10 10/11p ordinary

SWAP

Decreasing Short

23,584

2.8248 GBP

10 10/11p ordinary

SWAP

Decreasing Short

30,894

2.8250 GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,949

2.8252 GBP

10 10/11p ordinary

SWAP

Decreasing Short

18,400

2.8253 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,726

2.8259 GBP

10 10/11p ordinary

SWAP

Decreasing Short

172

2.8264 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,408

2.8267 GBP

10 10/11p ordinary

SWAP

Decreasing Short

502

2.8271 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,316

2.8272 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,186

2.8297 GBP

10 10/11p ordinary

SWAP

Decreasing Short

29

2.8980 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,772

2.8245 GBP

10 10/11p ordinary

SWAP

Increasing Short

55,100

2.8250 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,381

2.8253 GBP

10 10/11p ordinary

SWAP

Increasing Short

16,870

2.8258 GBP

10 10/11p ordinary

SWAP

Increasing Short

109,455

2.8260 GBP

10 10/11p ordinary

SWAP

Increasing Short

17,467

2.8261 GBP

10 10/11p ordinary

SWAP

Increasing Short

13,005

2.8264 GBP

10 10/11p ordinary

SWAP

Increasing Short

79,576

2.8269 GBP

10 10/11p ordinary

SWAP

Increasing Short

27,830

2.8272 GBP

10 10/11p ordinary

SWAP

Increasing Short

218,734

2.8277 GBP

10 10/11p ordinary

SWAP

Increasing Short

177,385

2.8283 GBP

10 10/11p ordinary

SWAP

Increasing Short

44,113

2.8286 GBP

10 10/11p ordinary

CFD

Decreasing Short

31,143

2.8238 GBP

10 10/11p ordinary

CFD

Increasing Short

43,085

2.8275 GBP

10 10/11p ordinary

CFD

Increasing Short

388

2.8421 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 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213