zFORM 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")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
|
|
(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DIRECT LINE INSURANCE GROUP PLC
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(d)
|
If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
|
|
(e)
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Date position held/dealing undertaken:
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21
Jan 2025
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(f)
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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
AVIVA
|
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:
|
11,678,262
|
0.89%
|
12,875,506
|
0.98%
|
(2)
Cash-settled derivatives:
|
13,551,425
|
1.03%
|
11,520,305
|
0.88%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
25,229,687
|
1.92%
|
24,395,811
|
1.86%
|
|
|
|
|
|
|
|
|
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)
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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.
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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
|
93,695
|
2.6180 GBP
|
10 10/11p
ordinary
|
Purchase
|
75,941
|
2.6222 GBP
|
10 10/11p
ordinary
|
Purchase
|
39,839
|
2.6176 GBP
|
10 10/11p
ordinary
|
Purchase
|
32,485
|
2.6195 GBP
|
10 10/11p
ordinary
|
Purchase
|
21,201
|
2.6174 GBP
|
10 10/11p
ordinary
|
Purchase
|
17,342
|
2.6191 GBP
|
10 10/11p
ordinary
|
Purchase
|
15,217
|
2.6187 GBP
|
10 10/11p
ordinary
|
Purchase
|
13,415
|
2.6159 GBP
|
10 10/11p
ordinary
|
Purchase
|
5,289
|
2.6215 GBP
|
10 10/11p
ordinary
|
Purchase
|
4,526
|
2.6234 GBP
|
10 10/11p
ordinary
|
Purchase
|
4,233
|
2.6220 GBP
|
10 10/11p
ordinary
|
Purchase
|
3,920
|
2.6160 GBP
|
10 10/11p
ordinary
|
Purchase
|
3,694
|
2.6213 GBP
|
10 10/11p
ordinary
|
Purchase
|
3,675
|
2.6162 GBP
|
10 10/11p
ordinary
|
Purchase
|
2,548
|
2.6181 GBP
|
10 10/11p
ordinary
|
Purchase
|
2,319
|
2.6190 GBP
|
10 10/11p
ordinary
|
Purchase
|
2,312
|
2.6204 GBP
|
10 10/11p
ordinary
|
Purchase
|
2,116
|
2.6142 GBP
|
10 10/11p
ordinary
|
Purchase
|
1,917
|
2.6200 GBP
|
10 10/11p
ordinary
|
Purchase
|
1,848
|
2.6120 GBP
|
10 10/11p
ordinary
|
Purchase
|
1,667
|
2.6230 GBP
|
10 10/11p
ordinary
|
Purchase
|
1,492
|
2.6192 GBP
|
10 10/11p
ordinary
|
Purchase
|
921
|
2.6210 GBP
|
10 10/11p
ordinary
|
Purchase
|
814
|
2.6140 GBP
|
10 10/11p
ordinary
|
Purchase
|
751
|
2.6280 GBP
|
10 10/11p
ordinary
|
Sale
|
48,395
|
2.6202 GBP
|
10 10/11p
ordinary
|
Sale
|
40,855
|
2.6180 GBP
|
10 10/11p
ordinary
|
Sale
|
36,782
|
2.6215 GBP
|
10 10/11p
ordinary
|
Sale
|
20,069
|
2.6203 GBP
|
10 10/11p
ordinary
|
Sale
|
18,300
|
2.6167 GBP
|
10 10/11p
ordinary
|
Sale
|
12,290
|
2.6193 GBP
|
10 10/11p
ordinary
|
Sale
|
6,568
|
2.6226 GBP
|
10 10/11p
ordinary
|
Sale
|
4,827
|
2.6177 GBP
|
10 10/11p
ordinary
|
Sale
|
3,920
|
2.6160 GBP
|
10 10/11p
ordinary
|
Sale
|
3,893
|
2.6172 GBP
|
10 10/11p
ordinary
|
Sale
|
2,932
|
2.6164 GBP
|
10 10/11p
ordinary
|
Sale
|
2,533
|
2.6166 GBP
|
10 10/11p
ordinary
|
Sale
|
2,103
|
2.6225 GBP
|
10 10/11p
ordinary
|
Sale
|
1,945
|
2.6201 GBP
|
10 10/11p
ordinary
|
Sale
|
1,848
|
2.6120 GBP
|
10 10/11p
ordinary
|
Sale
|
1,549
|
2.6220 GBP
|
10 10/11p
ordinary
|
Sale
|
641
|
2.6140 GBP
|
10 10/11p
ordinary
|
Sale
|
636
|
2.6192 GBP
|
10 10/11p
ordinary
|
Sale
|
636
|
2.6182 GBP
|
10 10/11p
ordinary
|
Sale
|
579
|
2.6200 GBP
|
10 10/11p
ordinary
|
Sale
|
284
|
2.6183 GBP
|
10 10/11p
ordinary
|
Sale
|
173
|
2.6142 GBP
|
10 10/11p
ordinary
|
Sale
|
109
|
2.6149 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 Short
|
38,505
|
2.6193 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
18,300
|
2.6167 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
7,879
|
2.6173 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
284,699
|
2.6180 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
284
|
2.6183 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
1,339
|
2.6188 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
20,069
|
2.6203 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
4,027
|
2.6208 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
33,333
|
2.6215 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
3,846
|
2.6220 GBP
|
10 10/11p
ordinary
|
SWAP
|
Increasing Long
|
2,103
|
2.6225 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
2,116
|
2.6142 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
6,300
|
2.6149 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
13,415
|
2.6159 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
131
|
2.6160 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
3,675
|
2.6162 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
292,769
|
2.6180 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
2,548
|
2.6181 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
17,342
|
2.6191 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
6,702
|
2.6192 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
21,140
|
2.6194 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
32,485
|
2.6195 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
64,234
|
2.6222 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
11,707
|
2.6223 GBP
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
|
4,526
|
2.6234 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:
|
22 Jan 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|