Form 8.3 - Direct Line Insurance Group Replacement

Amendment - This form replaces RNS number 4581Q published at 15:05 on 17/12/2024, changes made to section 2a

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

DIRECT LINE INSURANCE GROUP PLC

 relevant securities this form relates:

(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:

16-Dec-24

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 AVIVA PLC

 disclosures in respect of any other party to the offer?

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:

9,431,606

0.72%

13097783*

1.00%

(2) Cash-settled derivatives:

13,869,099

1.06%

7,414,874

0.57%

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

0

0.00%

0

0.00%

23,300,705

1.78%

20,512,657

1.56%

 TOTAL:

*Please note that this position adjustment will affect positions for trade dates between 16th of December 2024 till 23rd of December 2024.

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%

200,000

0.06%

0

0.00%

 TOTAL:

(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

Purchase/sale

Number of

Price per unit

 security

 securities

10 10/11p ordinary

Purchase

146,371

2.4473 GBP

10 10/11p ordinary

Purchase

99,572

2.4477 GBP

10 10/11p ordinary

Purchase

87,887

2.4460 GBP

10 10/11p ordinary

Purchase

62,531

2.4649 GBP

10 10/11p ordinary

Purchase

39,926

2.4643 GBP

10 10/11p ordinary

Purchase

33,748

2.4667 GBP

10 10/11p ordinary

Purchase

33,022

2.4645 GBP

10 10/11p ordinary

Purchase

32,915

2.4545 GBP

10 10/11p ordinary

Purchase

19,926

2.4680 GBP

10 10/11p ordinary

Purchase

19,129

2.4677 GBP

10 10/11p ordinary

Purchase

13,689

2.4628 GBP

10 10/11p ordinary

Purchase

6,288

2.4656 GBP

10 10/11p ordinary

Purchase

4,432

2.4650 GBP

10 10/11p ordinary

Purchase

3,562

2.4662 GBP

10 10/11p ordinary

Purchase

3,100

2.4693 GBP

10 10/11p ordinary

Purchase

2,992

2.4623 GBP

10 10/11p ordinary

Purchase

2,692

2.4640 GBP

10 10/11p ordinary

Purchase

2,685

2.4685 GBP

10 10/11p ordinary

Purchase

2,126

2.4610 GBP

10 10/11p ordinary

Purchase

1,943

2.4658 GBP

10 10/11p ordinary

Purchase

1,756

2.4688 GBP

10 10/11p ordinary

Purchase

1,329

2.4647 GBP

10 10/11p ordinary

Purchase

1,058

2.4660 GBP

10 10/11p ordinary

Purchase

1,058

2.4657 GBP

10 10/11p ordinary

Purchase

823

2.4609 GBP

10 10/11p ordinary

Purchase

677

2.4580 GBP

10 10/11p ordinary

Purchase

587

2.4700 GBP

10 10/11p ordinary

Purchase

286

2.4669 GBP

10 10/11p ordinary

Purchase

241

2.4676 GBP

10 10/11p ordinary

Purchase

62

2.4597 GBP

10 10/11p ordinary

Sale

96,162

2.4614 GBP

10 10/11p ordinary

Sale

68,422

2.4598 GBP

10 10/11p ordinary

Sale

44,628

2.4641 GBP

10 10/11p ordinary

Sale

33,158

2.4703 GBP

10 10/11p ordinary

Sale

25,692

2.4472 GBP

10 10/11p ordinary

Sale

19,401

2.4460 GBP

10 10/11p ordinary

Sale

14,868

2.4650 GBP

10 10/11p ordinary

Sale

11,709

2.4591 GBP

10 10/11p ordinary

Sale

9,391

2.4459 GBP

10 10/11p ordinary

Sale

3,677

2.4538 GBP

10 10/11p ordinary

Sale

2,909

2.4636 GBP

10 10/11p ordinary

Sale

1,500

2.4800 GBP

10 10/11p ordinary

Sale

1,177

2.4666 GBP

10 10/11p ordinary

Sale

1,058

2.4660 GBP

10 10/11p ordinary

Sale

855

2.4647 GBP

10 10/11p ordinary

Sale

696

2.4665 GBP

10 10/11p ordinary

Sale

672

2.4652 GBP

10 10/11p ordinary

Sale

143

2.4620 GBP

10 10/11p ordinary

Sale

62

2.4600 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

10 10/11p ordinary

SWAP

Increasing Long

26,873

2.4458 GBP

10 10/11p ordinary

SWAP

Increasing Long

9,391

2.4459 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,576

2.4460 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,677

2.4538 GBP

10 10/11p ordinary

SWAP

Increasing Long

829

2.4541 GBP

10 10/11p ordinary

SWAP

Increasing Long

11,709

2.4591 GBP

10 10/11p ordinary

SWAP

Increasing Long

166

2.4640 GBP

10 10/11p ordinary

SWAP

Increasing Long

672

2.4652 GBP

10 10/11p ordinary

SWAP

Increasing Long

834

2.4661 GBP

10 10/11p ordinary

SWAP

Increasing Long

33,158

2.4703 GBP

10 10/11p ordinary

SWAP

Decreasing Long

180,160

2.4460 GBP

10 10/11p ordinary

SWAP

Decreasing Long

15,797

2.4533 GBP

10 10/11p ordinary

SWAP

Decreasing Long

38,194

2.4538 GBP

10 10/11p ordinary

SWAP

Decreasing Long

32,915

2.4545 GBP

10 10/11p ordinary

SWAP

Decreasing Long

823

2.4609 GBP

10 10/11p ordinary

SWAP

Decreasing Long

280

2.4622 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,113

2.4623 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,814

2.4628 GBP

10 10/11p ordinary

SWAP

Decreasing Long

17,945

2.4635 GBP

10 10/11p ordinary

SWAP

Decreasing Long

20,580

2.4643 GBP

10 10/11p ordinary

SWAP

Decreasing Long

25,016

2.4645 GBP

10 10/11p ordinary

SWAP

Decreasing Long

62,531

2.4649 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,956

2.4652 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,943

2.4658 GBP

10 10/11p ordinary

SWAP

Decreasing Long

224

2.4667 GBP

10 10/11p ordinary

SWAP

Decreasing Long

18,905

2.4677 GBP

10 10/11p ordinary

SWAP

Decreasing Long

671

2.4680 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,187

2.4687 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,100

2.4693 GBP

10 10/11p ordinary

SWAP

Decreasing Long

587

2.4700 GBP

10 10/11p ordinary

CFD

Decreasing Short

96,162

2.4614 GBP

10 10/11p ordinary

CFD

Decreasing Short

1,752

2.4617 GBP

10 10/11p ordinary

CFD

Decreasing Short

60,304

2.4640 GBP

10 10/11p ordinary

CFD

Increasing Short

34,600

2.4545 GBP

10 10/11p ordinary

CFD

Increasing Short

61,101

2.4673 GBP

(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

 of

 description

 purchasing,

 of

 price

 date

 money

 relevant

 selling,

 securities

 per unit

 paid/

 security

 varying etc

 to which

 received

 option

 per unit

 relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

 security

 securities

 unit

(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

 security

 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-Mar-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213