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:

20 Dec 2024

(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:

8,176,374

0.62%

14,054,003

1.07%

(2) Cash-settled derivatives:

14,786,739

1.13%

7,605,052

0.58%

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

0

0.00%

0

0.00%

TOTAL: 

22,963,113

1.75%

21,659,055

1.65%

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

474,885

2.4320 GBP

10 10/11p ordinary

Purchase

76,002

2.4293 GBP

10 10/11p ordinary

Purchase

74,599

2.4088 GBP

10 10/11p ordinary

Purchase

70,024

2.4075 GBP

10 10/11p ordinary

Purchase

68,038

2.4264 GBP

10 10/11p ordinary

Purchase

31,360

2.4263 GBP

ADR

Purchase

20,000

12.1800 USD

10 10/11p ordinary

Purchase

18,129

2.4317 GBP

10 10/11p ordinary

Purchase

16,995

2.4086 GBP

10 10/11p ordinary

Purchase

16,094

2.4097 GBP

10 10/11p ordinary

Purchase

14,238

2.4154 GBP

10 10/11p ordinary

Purchase

9,044

2.4095 GBP

10 10/11p ordinary

Purchase

8,799

2.4137 GBP

10 10/11p ordinary

Purchase

8,609

2.4193 GBP

10 10/11p ordinary

Purchase

5,156

2.4067 GBP

10 10/11p ordinary

Purchase

3,137

2.4100 GBP

10 10/11p ordinary

Purchase

1,773

2.4200 GBP

10 10/11p ordinary

Purchase

1,529

2.4247 GBP

10 10/11p ordinary

Purchase

1,419

2.4070 GBP

10 10/11p ordinary

Purchase

1,226

2.4107 GBP

10 10/11p ordinary

Purchase

1,200

2.4220 GBP

10 10/11p ordinary

Purchase

859

2.4080 GBP

10 10/11p ordinary

Purchase

374

2.4187 GBP

10 10/11p ordinary

Purchase

300

2.4099 GBP

10 10/11p ordinary

Purchase

82

2.4040 GBP

10 10/11p ordinary

Sale

822,734

2.4300 GBP

10 10/11p ordinary

Sale

335,249

2.4320 GBP

10 10/11p ordinary

Sale

311,903

2.4080 GBP

10 10/11p ordinary

Sale

168,877

2.4108 GBP

10 10/11p ordinary

Sale

130,837

2.4298 GBP

10 10/11p ordinary

Sale

91,175

2.4056 GBP

10 10/11p ordinary

Sale

86,672

2.4075 GBP

10 10/11p ordinary

Sale

74,599

2.4087 GBP

10 10/11p ordinary

Sale

57,519

2.4101 GBP

10 10/11p ordinary

Sale

40,201

2.4076 GBP

10 10/11p ordinary

Sale

9,395

2.4147 GBP

10 10/11p ordinary

Sale

7,128

2.4061 GBP

10 10/11p ordinary

Sale

5,790

2.4211 GBP

10 10/11p ordinary

Sale

5,296

2.4141 GBP

10 10/11p ordinary

Sale

5,109

2.4092 GBP

10 10/11p ordinary

Sale

3,405

2.4120 GBP

10 10/11p ordinary

Sale

1,955

2.4060 GBP

10 10/11p ordinary

Sale

1,671

2.4100 GBP

10 10/11p ordinary

Sale

1,360

2.4219 GBP

10 10/11p ordinary

Sale

1,303

2.4034 GBP

10 10/11p ordinary

Sale

935

2.4200 GBP

10 10/11p ordinary

Sale

790

2.4079 GBP

10 10/11p ordinary

Sale

670

2.4111 GBP

10 10/11p ordinary

Sale

9

2.4260 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 Long

83,853

2.4055 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,128

2.4061 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,322

2.4068 GBP

10 10/11p ordinary

SWAP

Increasing Long

53,873

2.4074 GBP

10 10/11p ordinary

SWAP

Increasing Long

790

2.4079 GBP

10 10/11p ordinary

SWAP

Increasing Long

72,841

2.4086 GBP

10 10/11p ordinary

SWAP

Increasing Long

57,519

2.4101 GBP

10 10/11p ordinary

SWAP

Increasing Long

168,877

2.4108 GBP

10 10/11p ordinary

SWAP

Increasing Long

5,790

2.4211 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,360

2.4219 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,387

2.4304 GBP

10 10/11p ordinary

SWAP

Increasing Long

80,173

2.4319 GBP

10 10/11p ordinary

SWAP

Increasing Long

608,503

2.4320 GBP

10 10/11p ordinary

SWAP

Decreasing Long

586

2.4058 GBP

10 10/11p ordinary

SWAP

Decreasing Long

123

2.4060 GBP

10 10/11p ordinary

SWAP

Decreasing Long

70,024

2.4075 GBP

10 10/11p ordinary

SWAP

Decreasing Long

9,044

2.4095 GBP

10 10/11p ordinary

SWAP

Decreasing Long

496

2.4170 GBP

10 10/11p ordinary

SWAP

Decreasing Long

374

2.4187 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,609

2.4193 GBP

10 10/11p ordinary

SWAP

Decreasing Long

38,312

2.4203 GBP

10 10/11p ordinary

SWAP

Decreasing Long

248

2.4204 GBP

10 10/11p ordinary

SWAP

Decreasing Long

78,017

2.4243 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,529

2.4247 GBP

10 10/11p ordinary

SWAP

Decreasing Long

12,229

2.4254 GBP

10 10/11p ordinary

SWAP

Decreasing Long

19,028

2.4268 GBP

10 10/11p ordinary

SWAP

Decreasing Long

135,368

2.4320 GBP

10 10/11p ordinary

CFD

Decreasing Short

14,962

2.4070 GBP

10 10/11p ordinary

CFD

Decreasing Short

38,876

2.4318 GBP

10 10/11p ordinary

CFD

Decreasing Short

107,136

2.4320 GBP

10 10/11p ordinary

CFD

Increasing Short

80,000

2.4071 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:

23 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213