Form 8.3 - Direct Line Insurance Group Replacement

Amendment - This form replaces RNS number 7861R published at 11:40 on 31/12/2024, 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:

30-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:

7,476,065

0.57%

13154708*

1.00%

(2) Cash-settled derivatives:

14,299,680

1.09%

7,156,348

0.54%

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

0

0.00%

0

0.00%

21,775,745

1.66%

20,311,056

1.54%

 TOTAL:

*Please note that this position adjustment will affect positions for trade dates between 30th of December 2024 till 12th of March 2025.

Class of relevant security:

Convertible Bond 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

316,267

2.5343 GBP

10 10/11p ordinary

Purchase

259,738

2.5349 GBP

10 10/11p ordinary

Purchase

202,148

2.5326 GBP

10 10/11p ordinary

Purchase

79,418

2.5320 GBP

10 10/11p ordinary

Purchase

68,646

2.5353 GBP

10 10/11p ordinary

Purchase

64,975

2.5372 GBP

10 10/11p ordinary

Purchase

44,466

2.5370 GBP

10 10/11p ordinary

Purchase

36,904

2.5347 GBP

10 10/11p ordinary

Purchase

35,904

2.5338 GBP

10 10/11p ordinary

Purchase

24,869

2.5333 GBP

10 10/11p ordinary

Purchase

18,201

2.5345 GBP

10 10/11p ordinary

Purchase

16,836

2.5335 GBP

10 10/11p ordinary

Purchase

16,435

2.5382 GBP

10 10/11p ordinary

Purchase

15,709

2.5340 GBP

10 10/11p ordinary

Purchase

12,628

2.5346 GBP

10 10/11p ordinary

Purchase

12,400

2.5339 GBP

10 10/11p ordinary

Purchase

11,231

2.5356 GBP

10 10/11p ordinary

Purchase

8,938

2.5363 GBP

10 10/11p ordinary

Purchase

8,903

2.5369 GBP

10 10/11p ordinary

Purchase

8,058

2.5334 GBP

10 10/11p ordinary

Purchase

6,566

2.5350 GBP

10 10/11p ordinary

Purchase

6,209

2.5352 GBP

10 10/11p ordinary

Purchase

5,544

2.5307 GBP

10 10/11p ordinary

Purchase

5,058

2.5394 GBP

10 10/11p ordinary

Purchase

4,846

2.5358 GBP

10 10/11p ordinary

Purchase

4,594

2.5362 GBP

10 10/11p ordinary

Purchase

4,280

2.5280 GBP

10 10/11p ordinary

Purchase

2,784

2.5361 GBP

10 10/11p ordinary

Purchase

2,502

2.5300 GBP

10 10/11p ordinary

Purchase

2,211

2.5330 GBP

10 10/11p ordinary

Purchase

2,175

2.5380 GBP

10 10/11p ordinary

Purchase

1,515

2.5360 GBP

10 10/11p ordinary

Purchase

1,485

2.5348 GBP

10 10/11p ordinary

Purchase

1,219

2.5400 GBP

10 10/11p ordinary

Purchase

1,200

2.5378 GBP

10 10/11p ordinary

Purchase

1,113

2.5420 GBP

10 10/11p ordinary

Purchase

1,012

2.5342 GBP

10 10/11p ordinary

Purchase

983

2.5310 GBP

10 10/11p ordinary

Purchase

92

2.5440 GBP

10 10/11p ordinary

Sale

254,917

2.5344 GBP

10 10/11p ordinary

Sale

207,174

2.5319 GBP

10 10/11p ordinary

Sale

123,454

2.5320 GBP

10 10/11p ordinary

Sale

116,800

2.5351 GBP

10 10/11p ordinary

Sale

103,543

2.5346 GBP

10 10/11p ordinary

Sale

102,848

2.5322 GBP

10 10/11p ordinary

Sale

91,493

2.5349 GBP

10 10/11p ordinary

Sale

66,427

2.5336 GBP

10 10/11p ordinary

Sale

64,686

2.5350 GBP

10 10/11p ordinary

Sale

48,243

2.5342 GBP

10 10/11p ordinary

Sale

45,020

2.5363 GBP

10 10/11p ordinary

Sale

33,615

2.5352 GBP

10 10/11p ordinary

Sale

28,846

2.5360 GBP

10 10/11p ordinary

Sale

21,655

2.5332 GBP

10 10/11p ordinary

Sale

21,157

2.5369 GBP

10 10/11p ordinary

Sale

17,639

2.5438 GBP

10 10/11p ordinary

Sale

14,361

2.5355 GBP

10 10/11p ordinary

Sale

12,254

2.5358 GBP

10 10/11p ordinary

Sale

11,072

2.5364 GBP

10 10/11p ordinary

Sale

8,777

2.5323 GBP

10 10/11p ordinary

Sale

8,298

2.5280 GBP

10 10/11p ordinary

Sale

5,413

2.5340 GBP

10 10/11p ordinary

Sale

4,971

2.5368 GBP

10 10/11p ordinary

Sale

2,889

2.5326 GBP

10 10/11p ordinary

Sale

2,674

2.5310 GBP

10 10/11p ordinary

Sale

2,175

2.5380 GBP

10 10/11p ordinary

Sale

1,953

2.5370 GBP

10 10/11p ordinary

Sale

1,260

2.5400 GBP

10 10/11p ordinary

Sale

1,021

2.5300 GBP

10 10/11p ordinary

Sale

613

2.5316 GBP

10 10/11p ordinary

Sale

75

2.5440 GBP

10 10/11p ordinary

Sale

1

2.5420 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

Opening Short

33,607

2.5345 GBP

10 10/11p ordinary

SWAP

Increasing Long

983

2.5310 GBP

10 10/11p ordinary

SWAP

Increasing Long

613

2.5316 GBP

10 10/11p ordinary

SWAP

Increasing Long

207,716

2.5319 GBP

10 10/11p ordinary

SWAP

Increasing Long

27,816

2.5320 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,777

2.5323 GBP

10 10/11p ordinary

SWAP

Increasing Long

19,091

2.5328 GBP

10 10/11p ordinary

SWAP

Increasing Long

48,116

2.5335 GBP

10 10/11p ordinary

SWAP

Increasing Long

35,511

2.5337 GBP

10 10/11p ordinary

SWAP

Increasing Long

440

2.5340 GBP

10 10/11p ordinary

SWAP

Increasing Long

77

2.5341 GBP

10 10/11p ordinary

SWAP

Increasing Long

48,243

2.5342 GBP

10 10/11p ordinary

SWAP

Increasing Long

10,400

2.5345 GBP

10 10/11p ordinary

SWAP

Increasing Long

35,728

2.5348 GBP

10 10/11p ordinary

SWAP

Increasing Long

106,400

2.5352 GBP

10 10/11p ordinary

SWAP

Increasing Long

93,801

2.5354 GBP

10 10/11p ordinary

SWAP

Increasing Long

12,254

2.5358 GBP

10 10/11p ordinary

SWAP

Increasing Long

985

2.5370 GBP

10 10/11p ordinary

SWAP

Increasing Long

736

2.5380 GBP

10 10/11p ordinary

SWAP

Increasing Long

7,575

2.5391 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,639

2.5438 GBP

10 10/11p ordinary

SWAP

Decreasing Long

368

2.5300 GBP

10 10/11p ordinary

SWAP

Decreasing Long

983

2.5310 GBP

10 10/11p ordinary

SWAP

Decreasing Long

125,639

2.5320 GBP

10 10/11p ordinary

SWAP

Decreasing Long

13,354

2.5325 GBP

10 10/11p ordinary

SWAP

Decreasing Long

75

2.5329 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,136

2.5330 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,180

2.5338 GBP

10 10/11p ordinary

SWAP

Decreasing Long

61,166

2.5339 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,608

2.5340 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,365

2.5341 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,012

2.5342 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,119

2.5343 GBP

10 10/11p ordinary

SWAP

Decreasing Long

29,418

2.5349 GBP

10 10/11p ordinary

SWAP

Decreasing Long

47,311

2.5351 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,209

2.5352 GBP

10 10/11p ordinary

SWAP

Decreasing Long

290,142

2.5353 GBP

10 10/11p ordinary

SWAP

Decreasing Long

145,928

2.5355 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,231

2.5356 GBP

10 10/11p ordinary

SWAP

Decreasing Long

171

2.5360 GBP

10 10/11p ordinary

SWAP

Decreasing Long

975

2.5380 GBP

10 10/11p ordinary

SWAP

Decreasing Long

16,435

2.5382 GBP

10 10/11p ordinary

SWAP

Decreasing Long

17

2.5440 GBP

10 10/11p ordinary

CFD

Decreasing Short

780

2.5298 GBP

10 10/11p ordinary

CFD

Decreasing Short

206,391

2.5334 GBP

10 10/11p ordinary

CFD

Decreasing Short

6,602

2.5345 GBP

10 10/11p ordinary

CFD

Decreasing Short

55,482

2.5349 GBP

10 10/11p ordinary

CFD

Increasing Short

2,244

2.5382 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