Form 8.3 - Direct Line Insurance Group Replacement

FORM 8.3 - Amendment to 2a

Replaces form Released at 29/11/2024 13:32 RNS Number : 2335O

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:

28 Nov 2024

(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:

22,251,397

1.70%

11,544,123

0.88%

(2) Cash-settled derivatives:

12,283,525

0.94%

18,789,790

1.43%

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

0

0.00%

0

0.00%

TOTAL: 

34,534,922

2.63%

30,333,913

2.31%

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

878,667

2.2363 GBP

10 10/11p ordinary

Purchase

614,320

2.2507 GBP

10 10/11p ordinary

Purchase

539,113

2.2476 GBP

10 10/11p ordinary

Purchase

420,202

2.2402 GBP

10 10/11p ordinary

Purchase

313,989

2.2353 GBP

10 10/11p ordinary

Purchase

293,154

2.2493 GBP

10 10/11p ordinary

Purchase

200,000

2.2604 GBP

10 10/11p ordinary

Purchase

189,701

2.2082 GBP

10 10/11p ordinary

Purchase

158,613

2.2440 GBP

10 10/11p ordinary

Purchase

151,011

2.2410 GBP

10 10/11p ordinary

Purchase

138,971

2.2481 GBP

10 10/11p ordinary

Purchase

125,371

2.2482 GBP

10 10/11p ordinary

Purchase

107,947

2.2441 GBP

10 10/11p ordinary

Purchase

107,546

2.2421 GBP

10 10/11p ordinary

Purchase

107,155

2.2120 GBP

10 10/11p ordinary

Purchase

56,993

2.2238 GBP

10 10/11p ordinary

Purchase

35,202

2.2439 GBP

10 10/11p ordinary

Purchase

31,914

2.1501 GBP

10 10/11p ordinary

Purchase

29,199

2.2497 GBP

10 10/11p ordinary

Purchase

26,394

2.2401 GBP

10 10/11p ordinary

Purchase

19,148

2.2857 GBP

10 10/11p ordinary

Purchase

18,821

2.2168 GBP

10 10/11p ordinary

Purchase

18,100

2.2587 GBP

10 10/11p ordinary

Purchase

17,517

2.2357 GBP

10 10/11p ordinary

Purchase

15,901

2.2077 GBP

10 10/11p ordinary

Purchase

14,283

2.1837 GBP

10 10/11p ordinary

Purchase

13,441

2.2280 GBP

10 10/11p ordinary

Purchase

13,231

2.2185 GBP

10 10/11p ordinary

Purchase

12,615

2.2509 GBP

10 10/11p ordinary

Purchase

11,319

2.1987 GBP

10 10/11p ordinary

Purchase

7,683

2.2580 GBP

10 10/11p ordinary

Purchase

7,479

2.2300 GBP

10 10/11p ordinary

Purchase

7,265

2.2380 GBP

10 10/11p ordinary

Purchase

6,890

2.2287 GBP

10 10/11p ordinary

Purchase

6,741

2.2340 GBP

10 10/11p ordinary

Purchase

6,607

2.2408 GBP

10 10/11p ordinary

Purchase

5,820

2.2320 GBP

10 10/11p ordinary

Purchase

5,618

2.2640 GBP

10 10/11p ordinary

Purchase

5,331

2.2480 GBP

10 10/11p ordinary

Purchase

4,808

2.2360 GBP

10 10/11p ordinary

Purchase

4,735

2.2590 GBP

10 10/11p ordinary

Purchase

4,650

2.2600 GBP

10 10/11p ordinary

Purchase

4,316

2.2400 GBP

10 10/11p ordinary

Purchase

4,244

2.2740 GBP

10 10/11p ordinary

Purchase

4,125

2.2660 GBP

10 10/11p ordinary

Purchase

4,109

2.2460 GBP

10 10/11p ordinary

Purchase

4,003

2.2486 GBP

10 10/11p ordinary

Purchase

3,640

2.2495 GBP

10 10/11p ordinary

Purchase

3,026

2.2540 GBP

10 10/11p ordinary

Purchase

2,770

2.2560 GBP

10 10/11p ordinary

Purchase

2,749

2.2306 GBP

10 10/11p ordinary

Purchase

2,725

2.2435 GBP

10 10/11p ordinary

Purchase

2,631

2.2771 GBP

10 10/11p ordinary

Purchase

2,583

2.2900 GBP

10 10/11p ordinary

Purchase

2,548

2.2337 GBP

10 10/11p ordinary

Purchase

2,385

2.2365 GBP

10 10/11p ordinary

Purchase

2,327

2.2820 GBP

10 10/11p ordinary

Purchase

2,290

2.2880 GBP

10 10/11p ordinary

Purchase

2,224

2.2443 GBP

10 10/11p ordinary

Purchase

2,127

2.2827 GBP

10 10/11p ordinary

Purchase

1,798

2.2620 GBP

10 10/11p ordinary

Purchase

1,742

2.2700 GBP

10 10/11p ordinary

Purchase

1,709

2.2630 GBP

10 10/11p ordinary

Purchase

1,664

2.2260 GBP

10 10/11p ordinary

Purchase

1,636

2.2860 GBP

10 10/11p ordinary

Purchase

1,616

2.2840 GBP

10 10/11p ordinary

Purchase

1,603

2.2720 GBP

10 10/11p ordinary

Purchase

1,544

2.2470 GBP

10 10/11p ordinary

Purchase

1,402

2.2367 GBP

10 10/11p ordinary

Purchase

1,022

2.2520 GBP

10 10/11p ordinary

Purchase

891

2.2490 GBP

10 10/11p ordinary

Purchase

799

2.2436 GBP

10 10/11p ordinary

Purchase

567

2.2522 GBP

10 10/11p ordinary

Purchase

566

2.2680 GBP

10 10/11p ordinary

Purchase

524

2.2420 GBP

10 10/11p ordinary

Purchase

319

2.1940 GBP

10 10/11p ordinary

Purchase

226

2.2350 GBP

10 10/11p ordinary

Purchase

120

2.2220 GBP

10 10/11p ordinary

Purchase

115

2.2980 GBP

10 10/11p ordinary

Purchase

24

2.1740 GBP

10 10/11p ordinary

Purchase

10

2.2100 GBP

10 10/11p ordinary

Purchase

7

2.2020 GBP

10 10/11p ordinary

Purchase

5

2.2240 GBP

10 10/11p ordinary

Purchase

5

2.2060 GBP

10 10/11p ordinary

Purchase

2

2.2797 GBP

10 10/11p ordinary

Sale

754,944

2.2423 GBP

10 10/11p ordinary

Sale

727,436

2.2505 GBP

10 10/11p ordinary

Sale

618,252

2.2408 GBP

10 10/11p ordinary

Sale

401,876

2.2321 GBP

10 10/11p ordinary

Sale

367,294

2.2352 GBP

10 10/11p ordinary

Sale

253,509

2.2229 GBP

10 10/11p ordinary

Sale

249,439

2.2283 GBP

10 10/11p ordinary

Sale

227,100

2.2440 GBP

10 10/11p ordinary

Sale

191,640

2.2600 GBP

10 10/11p ordinary

Sale

151,011

2.2410 GBP

10 10/11p ordinary

Sale

133,503

2.2359 GBP

10 10/11p ordinary

Sale

128,513

2.2245 GBP

10 10/11p ordinary

Sale

113,322

2.3000 GBP

10 10/11p ordinary

Sale

111,020

2.2103 GBP

10 10/11p ordinary

Sale

109,829

2.2820 GBP

10 10/11p ordinary

Sale

102,646

2.2439 GBP

10 10/11p ordinary

Sale

93,991

2.2443 GBP

10 10/11p ordinary

Sale

65,020

2.2405 GBP

10 10/11p ordinary

Sale

57,864

2.2260 GBP

10 10/11p ordinary

Sale

57,786

2.2604 GBP

10 10/11p ordinary

Sale

50,507

2.2374 GBP

10 10/11p ordinary

Sale

48,189

2.2416 GBP

10 10/11p ordinary

Sale

41,355

2.2396 GBP

10 10/11p ordinary

Sale

39,772

2.2463 GBP

10 10/11p ordinary

Sale

32,803

2.2484 GBP

10 10/11p ordinary

Sale

23,050

2.2997 GBP

10 10/11p ordinary

Sale

22,702

2.2237 GBP

10 10/11p ordinary

Sale

19,148

2.2394 GBP

10 10/11p ordinary

Sale

16,827

2.2097 GBP

10 10/11p ordinary

Sale

15,367

2.2602 GBP

10 10/11p ordinary

Sale

13,842

2.2340 GBP

10 10/11p ordinary

Sale

13,441

2.2280 GBP

10 10/11p ordinary

Sale

12,947

2.2558 GBP

10 10/11p ordinary

Sale

12,378

2.2417 GBP

10 10/11p ordinary

Sale

12,012

2.2350 GBP

10 10/11p ordinary

Sale

10,424

2.2667 GBP

10 10/11p ordinary

Sale

8,023

2.2478 GBP

10 10/11p ordinary

Sale

7,683

2.2580 GBP

10 10/11p ordinary

Sale

7,479

2.2300 GBP

10 10/11p ordinary

Sale

7,165

2.2380 GBP

10 10/11p ordinary

Sale

6,849

2.2482 GBP

10 10/11p ordinary

Sale

6,553

2.2622 GBP

10 10/11p ordinary

Sale

6,412

2.2009 GBP

10 10/11p ordinary

Sale

5,618

2.2640 GBP

10 10/11p ordinary

Sale

5,331

2.2480 GBP

10 10/11p ordinary

Sale

5,331

2.2360 GBP

10 10/11p ordinary

Sale

5,155

2.2148 GBP

10 10/11p ordinary

Sale

4,735

2.2590 GBP

10 10/11p ordinary

Sale

4,316

2.2400 GBP

10 10/11p ordinary

Sale

4,199

2.2740 GBP

10 10/11p ordinary

Sale

4,125

2.2660 GBP

10 10/11p ordinary

Sale

4,109

2.2460 GBP

10 10/11p ordinary

Sale

3,484

2.2700 GBP

10 10/11p ordinary

Sale

3,026

2.2540 GBP

10 10/11p ordinary

Sale

2,764

2.2510 GBP

10 10/11p ordinary

Sale

2,467

2.2320 GBP

10 10/11p ordinary

Sale

2,398

2.2900 GBP

10 10/11p ordinary

Sale

2,290

2.2880 GBP

10 10/11p ordinary

Sale

2,028

2.2366 GBP

10 10/11p ordinary

Sale

1,975

2.2287 GBP

10 10/11p ordinary

Sale

1,798

2.2620 GBP

10 10/11p ordinary

Sale

1,709

2.2630 GBP

10 10/11p ordinary

Sale

1,636

2.2860 GBP

10 10/11p ordinary

Sale

1,616

2.2840 GBP

10 10/11p ordinary

Sale

1,603

2.2720 GBP

10 10/11p ordinary

Sale

1,544

2.2470 GBP

10 10/11p ordinary

Sale

1,382

2.2560 GBP

10 10/11p ordinary

Sale

1,022

2.2520 GBP

10 10/11p ordinary

Sale

566

2.2680 GBP

10 10/11p ordinary

Sale

537

2.2429 GBP

10 10/11p ordinary

Sale

446

2.2420 GBP

10 10/11p ordinary

Sale

319

2.1940 GBP

10 10/11p ordinary

Sale

240

2.2378 GBP

10 10/11p ordinary

Sale

185

2.2902 GBP

10 10/11p ordinary

Sale

120

2.2220 GBP

10 10/11p ordinary

Sale

115

2.2980 GBP

10 10/11p ordinary

Sale

27

2.2496 GBP

10 10/11p ordinary

Sale

24

2.1740 GBP

10 10/11p ordinary

Sale

10

2.2100 GBP

10 10/11p ordinary

Sale

7

2.2020 GBP

10 10/11p ordinary

Sale

5

2.2060 GBP

10 10/11p ordinary

Sale

5

2.2240 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

Opening Long

206

2.1580 GBP

10 10/11p ordinary

SWAP

Increasing Long

20,447

2.1684 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,385

2.1755 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,217

2.1837 GBP

10 10/11p ordinary

SWAP

Increasing Long

28,760

2.1872 GBP

10 10/11p ordinary

SWAP

Increasing Long

9,681

2.1987 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,599

2.2077 GBP

10 10/11p ordinary

SWAP

Increasing Long

16,827

2.2097 GBP

10 10/11p ordinary

SWAP

Increasing Long

111,020

2.2103 GBP

10 10/11p ordinary

SWAP

Increasing Long

253,509

2.2229 GBP

10 10/11p ordinary

SWAP

Increasing Long

128,513

2.2245 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,975

2.2287 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,278

2.2340 GBP

10 10/11p ordinary

SWAP

Increasing Long

20,000

2.2341 GBP

10 10/11p ordinary

SWAP

Increasing Long

14,983

2.2357 GBP

10 10/11p ordinary

SWAP

Increasing Long

18,139

2.2382 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,378

2.2417 GBP

10 10/11p ordinary

SWAP

Increasing Long

102,646

2.2439 GBP

10 10/11p ordinary

SWAP

Increasing Long

231,011

2.2440 GBP

10 10/11p ordinary

SWAP

Increasing Long

134,368

2.2442 GBP

10 10/11p ordinary

SWAP

Increasing Long

6,321

2.2448 GBP

10 10/11p ordinary

SWAP

Increasing Long

180,940

2.2476 GBP

10 10/11p ordinary

SWAP

Increasing Long

67,342

2.2523 GBP

10 10/11p ordinary

SWAP

Increasing Long

15,367

2.2602 GBP

10 10/11p ordinary

SWAP

Increasing Long

6,553

2.2622 GBP

10 10/11p ordinary

SWAP

Increasing Long

27,440

2.2667 GBP

10 10/11p ordinary

SWAP

Increasing Long

107,500

2.2820 GBP

10 10/11p ordinary

SWAP

Increasing Long

23,050

2.2997 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,635

2.1562 GBP

10 10/11p ordinary

SWAP

Decreasing Long

18,821

2.2168 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,775

2.2199 GBP

10 10/11p ordinary

SWAP

Decreasing Long

27,410

2.2295 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,620

2.2300 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,994

2.2318 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1

2.2320 GBP

10 10/11p ordinary

SWAP

Decreasing Long

301,981

2.2353 GBP

10 10/11p ordinary

SWAP

Decreasing Long

76,865

2.2360 GBP

10 10/11p ordinary

SWAP

Decreasing Long

100

2.2380 GBP

10 10/11p ordinary

SWAP

Decreasing Long

799

2.2436 GBP

10 10/11p ordinary

SWAP

Decreasing Long

91,954

2.2439 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,003

2.2486 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3

2.2493 GBP

10 10/11p ordinary

SWAP

Decreasing Long

567

2.2522 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,613

2.2534 GBP

10 10/11p ordinary

SWAP

Decreasing Long

62

2.2551 GBP

10 10/11p ordinary

SWAP

Decreasing Long

173,994

2.2555 GBP

10 10/11p ordinary

SWAP

Decreasing Long

18,100

2.2587 GBP

10 10/11p ordinary

SWAP

Decreasing Long

200,000

2.2604 GBP

10 10/11p ordinary

CFD

Opening Long

4,880

2.1955 GBP

10 10/11p ordinary

CFD

Increasing Long

25,000

2.2437 GBP

10 10/11p ordinary

CFD

Increasing Long

27

2.2496 GBP

10 10/11p ordinary

CFD

Increasing Long

10,424

2.2667 GBP

10 10/11p ordinary

CFD

Opening Short

49,411

2.1805 GBP

10 10/11p ordinary

CFD

Increasing Short

189,701

2.2082 GBP

10 10/11p ordinary

CFD

Increasing Short

141,173

2.2439 GBP

10 10/11p ordinary

CFD

Increasing Short

4,089

2.2775 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:

13 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213