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:

05 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:

15,166,459

1.16%

14,260,770

1.09%

(2) Cash-settled derivatives:

14,943,189

1.14%

15,153,372

1.16%

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

0

0.00%

0

0.00%

TOTAL: 

30,109,648

2.30%

29,414,142

2.24%

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

271,549

2.6580 GBP

10 10/11p ordinary

Purchase

117,734

2.6602 GBP

10 10/11p ordinary

Purchase

61,236

2.6628 GBP

10 10/11p ordinary

Purchase

23,613

2.6680 GBP

10 10/11p ordinary

Purchase

9,340

2.6620 GBP

10 10/11p ordinary

Purchase

6,980

2.6631 GBP

10 10/11p ordinary

Purchase

6,360

2.6643 GBP

10 10/11p ordinary

Purchase

3,695

2.6612 GBP

10 10/11p ordinary

Purchase

3,088

2.6684 GBP

10 10/11p ordinary

Purchase

2,243

2.6649 GBP

10 10/11p ordinary

Purchase

2,156

2.6720 GBP

10 10/11p ordinary

Purchase

1,948

2.6660 GBP

10 10/11p ordinary

Purchase

1,252

2.6520 GBP

10 10/11p ordinary

Purchase

1,197

2.6618 GBP

10 10/11p ordinary

Purchase

1,037

2.6719 GBP

10 10/11p ordinary

Purchase

1,020

2.6560 GBP

10 10/11p ordinary

Purchase

131

2.6577 GBP

10 10/11p ordinary

Sale

955,284

2.6580 GBP

10 10/11p ordinary

Sale

194,414

2.6587 GBP

10 10/11p ordinary

Sale

48,100

2.6599 GBP

10 10/11p ordinary

Sale

33,323

2.6653 GBP

10 10/11p ordinary

Sale

28,825

2.6661 GBP

10 10/11p ordinary

Sale

25,748

2.6651 GBP

10 10/11p ordinary

Sale

23,300

2.6623 GBP

10 10/11p ordinary

Sale

18,023

2.6501 GBP

10 10/11p ordinary

Sale

17,035

2.6515 GBP

10 10/11p ordinary

Sale

12,955

2.6660 GBP

10 10/11p ordinary

Sale

12,727

2.6630 GBP

10 10/11p ordinary

Sale

8,218

2.6713 GBP

10 10/11p ordinary

Sale

7,549

2.6494 GBP

10 10/11p ordinary

Sale

4,959

2.6607 GBP

10 10/11p ordinary

Sale

2,660

2.6705 GBP

10 10/11p ordinary

Sale

2,074

2.6720 GBP

10 10/11p ordinary

Sale

1,422

2.6640 GBP

10 10/11p ordinary

Sale

1,310

2.6645 GBP

10 10/11p ordinary

Sale

860

2.6662 GBP

10 10/11p ordinary

Sale

315

2.6579 GBP

10 10/11p ordinary

Sale

239

2.6686 GBP

10 10/11p ordinary

Sale

72

2.6659 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

7

2.6340 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,549

2.6494 GBP

10 10/11p ordinary

SWAP

Increasing Long

18,006

2.6501 GBP

10 10/11p ordinary

SWAP

Increasing Long

17

2.6502 GBP

10 10/11p ordinary

SWAP

Increasing Long

16,952

2.6515 GBP

10 10/11p ordinary

SWAP

Increasing Long

315

2.6579 GBP

10 10/11p ordinary

SWAP

Increasing Long

886,918

2.6580 GBP

10 10/11p ordinary

SWAP

Increasing Long

9,444

2.6612 GBP

10 10/11p ordinary

SWAP

Increasing Long

23,300

2.6623 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,827

2.6647 GBP

10 10/11p ordinary

SWAP

Increasing Long

25,748

2.6651 GBP

10 10/11p ordinary

SWAP

Increasing Long

33,323

2.6654 GBP

10 10/11p ordinary

SWAP

Increasing Long

16,525

2.6656 GBP

10 10/11p ordinary

SWAP

Increasing Long

72

2.6659 GBP

10 10/11p ordinary

SWAP

Increasing Long

19,576

2.6669 GBP

10 10/11p ordinary

SWAP

Increasing Long

239

2.6686 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,252

2.6520 GBP

10 10/11p ordinary

SWAP

Decreasing Long

99,452

2.6580 GBP

10 10/11p ordinary

SWAP

Decreasing Long

8,332

2.6595 GBP

10 10/11p ordinary

SWAP

Decreasing Long

30,743

2.6597 GBP

10 10/11p ordinary

SWAP

Decreasing Long

32,721

2.6612 GBP

10 10/11p ordinary

SWAP

Decreasing Long

10,111

2.6615 GBP

10 10/11p ordinary

SWAP

Decreasing Long

61,236

2.6628 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,948

2.6660 GBP

10 10/11p ordinary

CFD

Increasing Short

12,919

2.6685 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:

06 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213