Form 8.3 - DIRECT LINE INSURANCE GROUP PLC Replace

FORM 8.3 Amendment 2A and 3A

Replaces form Released at 11/02/2025 15:26 RNS Number : 7334W

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:

10 Feb 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:

15,627,100

1.19%

14,419,160

1.10%

(2) Cash-settled derivatives:

15,083,383

1.15%

15,209,887

1.16%

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

0

0.00%

0

0.00%

TOTAL: 

30,710,483

2.34%

29,629,047

2.26%

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

287,333

2.6669 GBP

10 10/11p ordinary

Purchase

160,943

2.6620 GBP

10 10/11p ordinary

Purchase

32,596

2.6625 GBP

10 10/11p ordinary

Purchase

30,582

2.6803 GBP

10 10/11p ordinary

Purchase

12,593

2.6667 GBP

10 10/11p ordinary

Purchase

11,406

2.6736 GBP

10 10/11p ordinary

Purchase

9,828

2.6701 GBP

10 10/11p ordinary

Purchase

6,913

2.6660 GBP

10 10/11p ordinary

Purchase

6,484

2.6716 GBP

10 10/11p ordinary

Purchase

4,652

2.6640 GBP

10 10/11p ordinary

Purchase

4,486

2.6785 GBP

10 10/11p ordinary

Purchase

2,953

2.6646 GBP

10 10/11p ordinary

Purchase

2,511

2.6686 GBP

10 10/11p ordinary

Purchase

2,365

2.6671 GBP

10 10/11p ordinary

Purchase

1,991

2.6683 GBP

10 10/11p ordinary

Purchase

1,052

2.6840 GBP

10 10/11p ordinary

Purchase

834

2.6933 GBP

10 10/11p ordinary

Purchase

510

2.6720 GBP

10 10/11p ordinary

Purchase

210

2.6650 GBP

10 10/11p ordinary

Purchase

104

2.6740 GBP

10 10/11p ordinary

Purchase

71

2.6780 GBP

10 10/11p ordinary

Purchase

2

2.6760 GBP

10 10/11p ordinary

Sale

60,600

2.6679 GBP

10 10/11p ordinary

Sale

35,233

2.6756 GBP

10 10/11p ordinary

Sale

33,888

2.6716 GBP

10 10/11p ordinary

Sale

23,751

2.6768 GBP

10 10/11p ordinary

Sale

17,459

2.6637 GBP

10 10/11p ordinary

Sale

14,468

2.6620 GBP

10 10/11p ordinary

Sale

9,894

2.6640 GBP

10 10/11p ordinary

Sale

8,944

2.6653 GBP

10 10/11p ordinary

Sale

8,407

2.6707 GBP

10 10/11p ordinary

Sale

5,858

2.6720 GBP

10 10/11p ordinary

Sale

4,681

2.6691 GBP

10 10/11p ordinary

Sale

3,799

2.6660 GBP

10 10/11p ordinary

Sale

3,206

2.6647 GBP

10 10/11p ordinary

Sale

2,631

2.6723 GBP

10 10/11p ordinary

Sale

613

2.6729 GBP

10 10/11p ordinary

Sale

527

2.6623 GBP

10 10/11p ordinary

Sale

317

2.6634 GBP

10 10/11p ordinary

Sale

163

2.6680 GBP

10 10/11p ordinary

Sale

138

2.6740 GBP

10 10/11p ordinary

Sale

71

2.6780 GBP

10 10/11p ordinary

Sale

25

2.6668 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

25,300

2.6619 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,725

2.6620 GBP

10 10/11p ordinary

SWAP

Increasing Long

27,745

2.6638 GBP

10 10/11p ordinary

SWAP

Increasing Long

25

2.6668 GBP

10 10/11p ordinary

SWAP

Increasing Long

123

2.6680 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,195

2.6682 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,407

2.6707 GBP

10 10/11p ordinary

SWAP

Increasing Long

409

2.6720 GBP

10 10/11p ordinary

SWAP

Increasing Long

35,300

2.6722 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,631

2.6723 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,116

2.6734 GBP

10 10/11p ordinary

SWAP

Increasing Long

28,246

2.6766 GBP

10 10/11p ordinary

SWAP

Increasing Long

23,751

2.6768 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,093

2.6620 GBP

10 10/11p ordinary

SWAP

Decreasing Long

114,535

2.6621 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,492

2.6640 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,944

2.6661 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,365

2.6671 GBP

10 10/11p ordinary

SWAP

Decreasing Long

12,667

2.6749 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,486

2.6785 GBP

10 10/11p ordinary

SWAP

Decreasing Long

30,582

2.6803 GBP

10 10/11p ordinary

SWAP

Decreasing Long

834

2.6933 GBP

10 10/11p ordinary

CFD

Increasing Short

4,435

2.6655 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:

14 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213