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:

06 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:

22,778,383

1.74%

12,282,948

0.94%

(2) Cash-settled derivatives:

11,373,178

0.87%

21,970,853

1.68%

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

0

0.00%

0

0.00%

TOTAL: 

34,151,561

2.60%

34,253,801

2.61%

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

2,000,000

2.7520 GBP

10 10/11p ordinary

Purchase

99,619

2.7637 GBP

10 10/11p ordinary

Purchase

60,671

2.7775 GBP

10 10/11p ordinary

Purchase

35,620

2.7625 GBP

10 10/11p ordinary

Purchase

34,880

2.7688 GBP

10 10/11p ordinary

Purchase

34,160

2.7673 GBP

10 10/11p ordinary

Purchase

24,000

2.7621 GBP

10 10/11p ordinary

Purchase

20,621

2.7782 GBP

10 10/11p ordinary

Purchase

15,638

2.7670 GBP

10 10/11p ordinary

Purchase

15,249

2.7620 GBP

10 10/11p ordinary

Purchase

12,162

2.7644 GBP

10 10/11p ordinary

Purchase

9,100

2.7770 GBP

10 10/11p ordinary

Purchase

9,053

2.7837 GBP

10 10/11p ordinary

Purchase

7,220

2.7704 GBP

10 10/11p ordinary

Purchase

5,538

2.7685 GBP

10 10/11p ordinary

Purchase

4,683

2.7713 GBP

10 10/11p ordinary

Purchase

4,375

2.7640 GBP

10 10/11p ordinary

Purchase

1,945

2.7800 GBP

10 10/11p ordinary

Purchase

1,078

2.7540 GBP

10 10/11p ordinary

Purchase

944

2.7593 GBP

10 10/11p ordinary

Purchase

778

2.7820 GBP

10 10/11p ordinary

Purchase

399

2.7760 GBP

10 10/11p ordinary

Purchase

272

2.7700 GBP

10 10/11p ordinary

Purchase

229

2.7720 GBP

10 10/11p ordinary

Sale

439,669

2.7685 GBP

10 10/11p ordinary

Sale

202,962

2.7679 GBP

10 10/11p ordinary

Sale

187,535

2.7655 GBP

10 10/11p ordinary

Sale

185,683

2.7620 GBP

10 10/11p ordinary

Sale

110,636

2.7640 GBP

10 10/11p ordinary

Sale

61,054

2.7633 GBP

10 10/11p ordinary

Sale

54,147

2.7658 GBP

10 10/11p ordinary

Sale

50,405

2.7616 GBP

10 10/11p ordinary

Sale

32,071

2.7662 GBP

10 10/11p ordinary

Sale

25,711

2.7559 GBP

10 10/11p ordinary

Sale

16,931

2.7636 GBP

10 10/11p ordinary

Sale

15,319

2.7654 GBP

10 10/11p ordinary

Sale

14,488

2.7639 GBP

10 10/11p ordinary

Sale

13,480

2.7638 GBP

10 10/11p ordinary

Sale

12,038

2.7805 GBP

10 10/11p ordinary

Sale

9,089

2.7689 GBP

10 10/11p ordinary

Sale

6,888

2.7740 GBP

10 10/11p ordinary

Sale

6,397

2.7692 GBP

10 10/11p ordinary

Sale

3,921

2.7609 GBP

10 10/11p ordinary

Sale

3,600

2.7704 GBP

10 10/11p ordinary

Sale

2,967

2.7734 GBP

10 10/11p ordinary

Sale

2,572

2.7733 GBP

10 10/11p ordinary

Sale

2,418

2.7624 GBP

10 10/11p ordinary

Sale

2,395

2.7820 GBP

10 10/11p ordinary

Sale

2,394

2.7708 GBP

10 10/11p ordinary

Sale

2,314

2.7716 GBP

10 10/11p ordinary

Sale

2,270

2.7610 GBP

10 10/11p ordinary

Sale

1,676

2.7575 GBP

10 10/11p ordinary

Sale

1,655

2.7815 GBP

10 10/11p ordinary

Sale

1,398

2.7730 GBP

10 10/11p ordinary

Sale

757

2.7720 GBP

10 10/11p ordinary

Sale

676

2.7800 GBP

10 10/11p ordinary

Sale

421

2.7709 GBP

10 10/11p ordinary

Sale

346

2.7700 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 Short

1,816,600

2.7520 GBP

10 10/11p ordinary

SWAP

Decreasing Short

18,411

2.7534 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,903

2.7548 GBP

10 10/11p ordinary

SWAP

Decreasing Short

89,305

2.7616 GBP

10 10/11p ordinary

SWAP

Decreasing Short

136,997

2.7618 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,300

2.7621 GBP

10 10/11p ordinary

SWAP

Decreasing Short

83,422

2.7634 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,931

2.7636 GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,480

2.7638 GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,525

2.7639 GBP

10 10/11p ordinary

SWAP

Decreasing Short

185,965

2.7640 GBP

10 10/11p ordinary

SWAP

Decreasing Short

962

2.7655 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,544

2.7656 GBP

10 10/11p ordinary

SWAP

Decreasing Short

54,147

2.7658 GBP

10 10/11p ordinary

SWAP

Decreasing Short

69,435

2.7662 GBP

10 10/11p ordinary

SWAP

Decreasing Short

202,962

2.7679 GBP

10 10/11p ordinary

SWAP

Decreasing Short

439,669

2.7685 GBP

10 10/11p ordinary

SWAP

Decreasing Short

30,006

2.7686 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,397

2.7692 GBP

10 10/11p ordinary

SWAP

Decreasing Short

24,168

2.7699 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,600

2.7704 GBP

10 10/11p ordinary

SWAP

Decreasing Short

421

2.7709 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,314

2.7716 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,187

2.7727 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,468

2.7740 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,249

2.7620 GBP

10 10/11p ordinary

SWAP

Increasing Short

24,000

2.7621 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,035

2.7640 GBP

10 10/11p ordinary

SWAP

Increasing Short

66,724

2.7641 GBP

10 10/11p ordinary

SWAP

Increasing Short

29,996

2.7652 GBP

10 10/11p ordinary

SWAP

Increasing Short

70,500

2.7656 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,638

2.7670 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,066

2.7677 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,683

2.7712 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,100

2.7770 GBP

10 10/11p ordinary

SWAP

Increasing Short

60,671

2.7775 GBP

10 10/11p ordinary

SWAP

Increasing Short

7,960

2.7782 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,624

2.7811 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,649

2.7880 GBP

10 10/11p ordinary

CFD

Decreasing Short

140

2.7638 GBP

10 10/11p ordinary

CFD

Increasing Short

4,597

2.7630 GBP

10 10/11p ordinary

CFD

Increasing Short

33,346

2.7653 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:

07 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213