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:

25 Apr 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:

38,963,598

2.97%

5,850,059

0.44%

(2) Cash-settled derivatives:

6,122,401

0.47%

38,071,300

2.90%

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

0

0.00%

0

0.00%

TOTAL: 

45,085,999

3.44%

43,921,359

3.34%

(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

361,507

2.7844 GBP

10 10/11p ordinary

Purchase

234,353

2.7833 GBP

10 10/11p ordinary

Purchase

76,521

2.7888 GBP

10 10/11p ordinary

Purchase

49,243

2.7960 GBP

10 10/11p ordinary

Purchase

42,129

2.7879 GBP

10 10/11p ordinary

Purchase

38,493

2.7845 GBP

10 10/11p ordinary

Purchase

36,347

2.7829 GBP

10 10/11p ordinary

Purchase

23,260

2.7950 GBP

10 10/11p ordinary

Purchase

21,381

2.7891 GBP

10 10/11p ordinary

Purchase

19,973

2.7859 GBP

10 10/11p ordinary

Purchase

9,308

2.7860 GBP

10 10/11p ordinary

Purchase

8,700

2.7852 GBP

10 10/11p ordinary

Purchase

7,115

2.7865 GBP

10 10/11p ordinary

Purchase

3,699

2.7837 GBP

10 10/11p ordinary

Purchase

3,679

2.7820 GBP

10 10/11p ordinary

Purchase

3,283

2.7864 GBP

10 10/11p ordinary

Purchase

2,970

2.7830 GBP

10 10/11p ordinary

Purchase

2,908

2.7868 GBP

10 10/11p ordinary

Purchase

2,816

2.7900 GBP

10 10/11p ordinary

Purchase

2,758

2.7873 GBP

10 10/11p ordinary

Purchase

2,340

2.7871 GBP

10 10/11p ordinary

Purchase

2,298

2.7842 GBP

10 10/11p ordinary

Purchase

2,222

2.7890 GBP

10 10/11p ordinary

Purchase

1,702

2.7850 GBP

10 10/11p ordinary

Purchase

1,529

2.7832 GBP

10 10/11p ordinary

Purchase

1,139

2.7880 GBP

10 10/11p ordinary

Purchase

1,012

2.7800 GBP

10 10/11p ordinary

Purchase

987

2.7920 GBP

10 10/11p ordinary

Purchase

828

2.7848 GBP

10 10/11p ordinary

Purchase

642

2.7840 GBP

10 10/11p ordinary

Purchase

3

2.8000 GBP

10 10/11p ordinary

Sale

222,286

2.7945 GBP

10 10/11p ordinary

Sale

175,419

2.7857 GBP

10 10/11p ordinary

Sale

48,069

2.7845 GBP

10 10/11p ordinary

Sale

34,491

2.7960 GBP

10 10/11p ordinary

Sale

15,934

2.7842 GBP

10 10/11p ordinary

Sale

15,072

2.7885 GBP

10 10/11p ordinary

Sale

10,106

2.7943 GBP

10 10/11p ordinary

Sale

7,408

2.7871 GBP

10 10/11p ordinary

Sale

7,259

2.7840 GBP

10 10/11p ordinary

Sale

5,804

2.7820 GBP

10 10/11p ordinary

Sale

5,081

2.7850 GBP

10 10/11p ordinary

Sale

3,533

2.7839 GBP

10 10/11p ordinary

Sale

3,329

2.7866 GBP

10 10/11p ordinary

Sale

3,114

2.7860 GBP

10 10/11p ordinary

Sale

2,548

2.7825 GBP

10 10/11p ordinary

Sale

2,237

2.7855 GBP

10 10/11p ordinary

Sale

1,929

2.7900 GBP

10 10/11p ordinary

Sale

1,529

2.7834 GBP

10 10/11p ordinary

Sale

1,223

2.7838 GBP

10 10/11p ordinary

Sale

1,211

2.7780 GBP

10 10/11p ordinary

Sale

1,139

2.7880 GBP

10 10/11p ordinary

Sale

512

2.7740 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

100

2.7819 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,533

2.7839 GBP

10 10/11p ordinary

SWAP

Decreasing Short

497

2.7842 GBP

10 10/11p ordinary

SWAP

Decreasing Short

48,069

2.7845 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,843

2.7852 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,237

2.7855 GBP

10 10/11p ordinary

SWAP

Decreasing Short

170,576

2.7857 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,559

2.7885 GBP

10 10/11p ordinary

SWAP

Decreasing Short

109,167

2.7960 GBP

10 10/11p ordinary

SWAP

Increasing Short

313

2.7760 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,474

2.7828 GBP

10 10/11p ordinary

SWAP

Increasing Short

234,353

2.7833 GBP

10 10/11p ordinary

SWAP

Increasing Short

330

2.7840 GBP

10 10/11p ordinary

SWAP

Increasing Short

361,507

2.7844 GBP

10 10/11p ordinary

SWAP

Increasing Short

38,493

2.7845 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,707

2.7855 GBP

10 10/11p ordinary

SWAP

Increasing Short

346

2.7860 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,110

2.7865 GBP

10 10/11p ordinary

SWAP

Increasing Short

26,754

2.7877 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,375

2.7883 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,393

2.7888 GBP

10 10/11p ordinary

SWAP

Increasing Short

422

2.7960 GBP

10 10/11p ordinary

SWAP

Increasing Short

24,371

2.7961 GBP

10 10/11p ordinary

CFD

Decreasing Short

11,437

2.7855 GBP

10 10/11p ordinary

CFD

Decreasing Short

41,181

2.7945 GBP

10 10/11p ordinary

CFD

Increasing Short

1,276

2.7860 GBP

10 10/11p ordinary

CFD

Increasing Short

20,702

2.7862 GBP

10 10/11p ordinary

CFD

Increasing Short

3,005

2.7865 GBP

10 10/11p ordinary

CFD

Increasing Short

20,629

2.7866 GBP

10 10/11p ordinary

CFD

Increasing Short

8,622

2.7868 GBP

10 10/11p ordinary

CFD

Increasing Short

1

2.8000 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:

28 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213