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:

23 Apr 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:

37,291,230

2.84%

5,821,366

0.44%

(2) Cash-settled derivatives:

6,070,978

0.46%

36,398,980

2.78%

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

0

0.00%

0

0.00%

TOTAL: 

43,362,208

3.31%

42,220,346

3.22%

(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

470,210

2.7819 GBP

10 10/11p ordinary

Purchase

190,600

2.7835 GBP

10 10/11p ordinary

Purchase

95,185

2.7813 GBP

10 10/11p ordinary

Purchase

54,343

2.7816 GBP

10 10/11p ordinary

Purchase

49,152

2.7836 GBP

10 10/11p ordinary

Purchase

26,419

2.7738 GBP

10 10/11p ordinary

Purchase

20,254

2.7803 GBP

10 10/11p ordinary

Purchase

12,443

2.7806 GBP

10 10/11p ordinary

Purchase

10,240

2.7804 GBP

10 10/11p ordinary

Purchase

6,233

2.7735 GBP

10 10/11p ordinary

Purchase

5,946

2.7797 GBP

10 10/11p ordinary

Purchase

4,492

2.7793 GBP

10 10/11p ordinary

Purchase

4,050

2.7858 GBP

10 10/11p ordinary

Purchase

3,729

2.7720 GBP

10 10/11p ordinary

Purchase

3,546

2.7920 GBP

10 10/11p ordinary

Purchase

2,945

2.7940 GBP

10 10/11p ordinary

Purchase

2,319

2.7709 GBP

10 10/11p ordinary

Purchase

2,218

2.7719 GBP

10 10/11p ordinary

Purchase

1,809

2.7833 GBP

10 10/11p ordinary

Purchase

1,763

2.7862 GBP

10 10/11p ordinary

Purchase

1,082

2.7762 GBP

10 10/11p ordinary

Purchase

530

2.7820 GBP

10 10/11p ordinary

Purchase

425

2.7680 GBP

10 10/11p ordinary

Purchase

191

2.7715 GBP

10 10/11p ordinary

Purchase

180

2.7860 GBP

10 10/11p ordinary

Purchase

104

2.7740 GBP

10 10/11p ordinary

Purchase

40

2.7880 GBP

10 10/11p ordinary

Purchase

22

2.7875 GBP

10 10/11p ordinary

Sale

182,548

2.7805 GBP

10 10/11p ordinary

Sale

181,809

2.7820 GBP

10 10/11p ordinary

Sale

71,684

2.7776 GBP

10 10/11p ordinary

Sale

15,029

2.7788 GBP

10 10/11p ordinary

Sale

13,867

2.7795 GBP

10 10/11p ordinary

Sale

6,952

2.7750 GBP

10 10/11p ordinary

Sale

6,446

2.7791 GBP

10 10/11p ordinary

Sale

6,263

2.7740 GBP

10 10/11p ordinary

Sale

5,258

2.7777 GBP

10 10/11p ordinary

Sale

5,241

2.7679 GBP

10 10/11p ordinary

Sale

4,246

2.7813 GBP

10 10/11p ordinary

Sale

3,012

2.7720 GBP

10 10/11p ordinary

Sale

3,012

2.7800 GBP

10 10/11p ordinary

Sale

2,942

2.7757 GBP

10 10/11p ordinary

Sale

2,042

2.7787 GBP

10 10/11p ordinary

Sale

1,628

2.7845 GBP

10 10/11p ordinary

Sale

1,137

2.7760 GBP

10 10/11p ordinary

Sale

1,004

2.7920 GBP

10 10/11p ordinary

Sale

935

2.7756 GBP

10 10/11p ordinary

Sale

841

2.7641 GBP

10 10/11p ordinary

Sale

478

2.7739 GBP

10 10/11p ordinary

Sale

425

2.7680 GBP

10 10/11p ordinary

Sale

293

2.7789 GBP

10 10/11p ordinary

Sale

252

2.7770 GBP

10 10/11p ordinary

Sale

227

2.7832 GBP

10 10/11p ordinary

Sale

180

2.7860 GBP

10 10/11p ordinary

Sale

126

2.7780 GBP

10 10/11p ordinary

Sale

31

2.7880 GBP

10 10/11p ordinary

Sale

31

2.7882 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

Decreasing Short

5,241

2.7679 GBP

10 10/11p ordinary

SWAP

Decreasing Short

478

2.7740 GBP

10 10/11p ordinary

SWAP

Decreasing Short

136

2.7760 GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,684

2.7776 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,042

2.7787 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,446

2.7791 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,335

2.7799 GBP

10 10/11p ordinary

SWAP

Decreasing Short

142,726

2.7819 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,403

2.7820 GBP

10 10/11p ordinary

SWAP

Decreasing Short

227

2.7832 GBP

10 10/11p ordinary

SWAP

Increasing Short

57,700

2.7786 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,420

2.7791 GBP

10 10/11p ordinary

SWAP

Increasing Short

28,259

2.7800 GBP

10 10/11p ordinary

SWAP

Increasing Short

101

2.7811 GBP

10 10/11p ordinary

SWAP

Increasing Short

95,185

2.7813 GBP

10 10/11p ordinary

SWAP

Increasing Short

293,173

2.7820 GBP

10 10/11p ordinary

SWAP

Increasing Short

16,880

2.7821 GBP

10 10/11p ordinary

SWAP

Increasing Short

6,167

2.7826 GBP

10 10/11p ordinary

SWAP

Increasing Short

49,152

2.7836 GBP

10 10/11p ordinary

SWAP

Increasing Short

132,900

2.7856 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,050

2.7858 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,945

2.7940 GBP

10 10/11p ordinary

CFD

Decreasing Short

8,074

2.7777 GBP

10 10/11p ordinary

CFD

Decreasing Short

10,002

2.7782 GBP

10 10/11p ordinary

CFD

Increasing Short

5,436

2.7767 GBP

10 10/11p ordinary

CFD

Increasing Short

9,780

2.7799 GBP

10 10/11p ordinary

CFD

Increasing Short

19,996

2.7805 GBP

10 10/11p ordinary

CFD

Increasing Short

7,040

2.7817 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:

24 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213