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:

13 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:

17,119,041

1.31%

13,895,203

1.06%

(2) Cash-settled derivatives:

14,662,433

1.12%

16,916,116

1.29%

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

0

0.00%

0

0.00%

TOTAL: 

31,781,474

2.42%

30,811,319

2.35%

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

409,104

2.6701 GBP

10 10/11p ordinary

Purchase

200,192

2.6717 GBP

10 10/11p ordinary

Purchase

55,070

2.6720 GBP

10 10/11p ordinary

Purchase

46,096

2.6716 GBP

10 10/11p ordinary

Purchase

23,048

2.6690 GBP

10 10/11p ordinary

Purchase

22,046

2.6725 GBP

10 10/11p ordinary

Purchase

21,419

2.6680 GBP

10 10/11p ordinary

Purchase

12,270

2.6704 GBP

10 10/11p ordinary

Purchase

10,085

2.6699 GBP

10 10/11p ordinary

Purchase

6,464

2.6698 GBP

10 10/11p ordinary

Purchase

2,301

2.6689 GBP

10 10/11p ordinary

Purchase

453

2.6779 GBP

10 10/11p ordinary

Purchase

453

2.6780 GBP

10 10/11p ordinary

Purchase

447

2.6710 GBP

10 10/11p ordinary

Purchase

294

2.6722 GBP

10 10/11p ordinary

Purchase

211

2.6700 GBP

10 10/11p ordinary

Sale

250,639

2.6713 GBP

10 10/11p ordinary

Sale

111,340

2.6669 GBP

10 10/11p ordinary

Sale

104,738

2.6683 GBP

10 10/11p ordinary

Sale

87,508

2.6619 GBP

10 10/11p ordinary

Sale

61,413

2.6720 GBP

10 10/11p ordinary

Sale

39,536

2.6705 GBP

10 10/11p ordinary

Sale

29,369

2.6674 GBP

10 10/11p ordinary

Sale

27,112

2.6710 GBP

10 10/11p ordinary

Sale

20,258

2.6699 GBP

10 10/11p ordinary

Sale

17,630

2.6662 GBP

10 10/11p ordinary

Sale

14,965

2.6684 GBP

10 10/11p ordinary

Sale

13,963

2.6718 GBP

10 10/11p ordinary

Sale

11,742

2.6688 GBP

10 10/11p ordinary

Sale

9,204

2.6704 GBP

10 10/11p ordinary

Sale

8,701

2.6715 GBP

10 10/11p ordinary

Sale

2,496

2.6740 GBP

10 10/11p ordinary

Sale

1,694

2.6800 GBP

10 10/11p ordinary

Sale

1,051

2.6691 GBP

10 10/11p ordinary

Sale

822

2.6700 GBP

10 10/11p ordinary

Sale

601

2.6658 GBP

10 10/11p ordinary

Sale

550

2.6621 GBP

10 10/11p ordinary

Sale

470

2.6685 GBP

10 10/11p ordinary

Sale

453

2.6780 GBP

10 10/11p ordinary

Sale

315

2.6680 GBP

10 10/11p ordinary

Sale

225

2.6666 GBP

10 10/11p ordinary

Sale

64

2.6639 GBP

10 10/11p ordinary

Sale

29

2.6686 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

259,029

2.6480 GBP

10 10/11p ordinary

SWAP

Increasing Long

87,508

2.6619 GBP

10 10/11p ordinary

SWAP

Increasing Long

64

2.6639 GBP

10 10/11p ordinary

SWAP

Increasing Long

86,267

2.6669 GBP

10 10/11p ordinary

SWAP

Increasing Long

21,798

2.6673 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,650

2.6680 GBP

10 10/11p ordinary

SWAP

Increasing Long

470

2.6685 GBP

10 10/11p ordinary

SWAP

Increasing Long

29

2.6687 GBP

10 10/11p ordinary

SWAP

Increasing Long

987

2.6691 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,808

2.6699 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,549

2.6700 GBP

10 10/11p ordinary

SWAP

Increasing Long

30,227

2.6705 GBP

10 10/11p ordinary

SWAP

Increasing Long

14,293

2.6706 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,920

2.6716 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,550

2.6718 GBP

10 10/11p ordinary

SWAP

Increasing Long

53,878

2.6720 GBP

10 10/11p ordinary

SWAP

Decreasing Long

259,029

2.6480 GBP

10 10/11p ordinary

SWAP

Decreasing Long

350,000

2.6583 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,425

2.6689 GBP

10 10/11p ordinary

SWAP

Decreasing Long

23,048

2.6690 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,464

2.6698 GBP

10 10/11p ordinary

SWAP

Decreasing Long

211

2.6700 GBP

10 10/11p ordinary

SWAP

Decreasing Long

54,840

2.6711 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,300

2.6717 GBP

10 10/11p ordinary

SWAP

Decreasing Long

55,473

2.6719 GBP

10 10/11p ordinary

SWAP

Decreasing Long

76,661

2.6720 GBP

10 10/11p ordinary

SWAP

Decreasing Long

294

2.6722 GBP

10 10/11p ordinary

CFD

Decreasing Short

3,035

2.6638 GBP

10 10/11p ordinary

CFD

Increasing Short

4,741

2.6694 GBP

10 10/11p ordinary

CFD

Increasing Short

33,513

2.6718 GBP

10 10/11p ordinary

CFD

Increasing Short

57,682

2.6722 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