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:

03 Feb 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:

14,240,419

1.09%

14,447,609

1.10%

(2) Cash-settled derivatives:

15,232,222

1.16%

14,250,570

1.09%

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

0

0.00%

0

0.00%

TOTAL: 

29,472,641

2.25%

28,698,179

2.19%

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

500,000

2.6583 GBP

10 10/11p ordinary

Purchase

293,412

2.6540 GBP

10 10/11p ordinary

Purchase

91,457

2.6573 GBP

10 10/11p ordinary

Purchase

73,361

2.6569 GBP

10 10/11p ordinary

Purchase

47,077

2.6558 GBP

10 10/11p ordinary

Purchase

40,306

2.6606 GBP

10 10/11p ordinary

Purchase

37,059

2.6600 GBP

10 10/11p ordinary

Purchase

15,303

2.6567 GBP

10 10/11p ordinary

Purchase

10,553

2.6564 GBP

10 10/11p ordinary

Purchase

8,557

2.6608 GBP

10 10/11p ordinary

Purchase

5,965

2.6609 GBP

10 10/11p ordinary

Purchase

5,550

2.6536 GBP

10 10/11p ordinary

Purchase

4,404

2.6556 GBP

10 10/11p ordinary

Purchase

3,566

2.6599 GBP

10 10/11p ordinary

Purchase

3,226

2.6660 GBP

10 10/11p ordinary

Purchase

2,324

2.6570 GBP

10 10/11p ordinary

Purchase

2,009

2.6562 GBP

10 10/11p ordinary

Purchase

1,581

2.6630 GBP

10 10/11p ordinary

Purchase

908

2.6551 GBP

10 10/11p ordinary

Sale

330,879

2.6574 GBP

10 10/11p ordinary

Sale

237,212

2.6540 GBP

10 10/11p ordinary

Sale

200,560

2.6564 GBP

10 10/11p ordinary

Sale

166,224

2.6568 GBP

10 10/11p ordinary

Sale

100,083

2.6560 GBP

10 10/11p ordinary

Sale

56,882

2.6561 GBP

10 10/11p ordinary

Sale

36,098

2.6588 GBP

10 10/11p ordinary

Sale

33,327

2.6571 GBP

10 10/11p ordinary

Sale

30,328

2.6575 GBP

10 10/11p ordinary

Sale

24,463

2.6567 GBP

10 10/11p ordinary

Sale

20,228

2.6570 GBP

10 10/11p ordinary

Sale

17,687

2.6539 GBP

10 10/11p ordinary

Sale

14,560

2.6558 GBP

10 10/11p ordinary

Sale

11,660

2.6529 GBP

10 10/11p ordinary

Sale

4,103

2.6537 GBP

10 10/11p ordinary

Sale

3,544

2.6550 GBP

10 10/11p ordinary

Sale

3,254

2.6577 GBP

10 10/11p ordinary

Sale

2,744

2.6528 GBP

10 10/11p ordinary

Sale

2,203

2.6599 GBP

10 10/11p ordinary

Sale

1,157

2.6660 GBP

10 10/11p ordinary

Sale

984

2.6600 GBP

10 10/11p ordinary

Sale

125

2.6559 GBP

10 10/11p ordinary

Sale

70

2.6585 GBP

10 10/11p ordinary

Sale

45

2.6580 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

31,536

2.6563 GBP

10 10/11p ordinary

SWAP

Increasing Long

4,103

2.6537 GBP

10 10/11p ordinary

SWAP

Increasing Long

397

2.6538 GBP

10 10/11p ordinary

SWAP

Increasing Long

17,687

2.6539 GBP

10 10/11p ordinary

SWAP

Increasing Long

37,646

2.6540 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,720

2.6543 GBP

10 10/11p ordinary

SWAP

Increasing Long

76,600

2.6552 GBP

10 10/11p ordinary

SWAP

Increasing Long

125

2.6559 GBP

10 10/11p ordinary

SWAP

Increasing Long

56,882

2.6561 GBP

10 10/11p ordinary

SWAP

Increasing Long

200,560

2.6564 GBP

10 10/11p ordinary

SWAP

Increasing Long

58,313

2.6565 GBP

10 10/11p ordinary

SWAP

Increasing Long

68,986

2.6566 GBP

10 10/11p ordinary

SWAP

Increasing Long

19,032

2.6567 GBP

10 10/11p ordinary

SWAP

Increasing Long

26,754

2.6568 GBP

10 10/11p ordinary

SWAP

Increasing Long

64,430

2.6571 GBP

10 10/11p ordinary

SWAP

Increasing Long

264,554

2.6574 GBP

10 10/11p ordinary

SWAP

Increasing Long

405

2.6575 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,254

2.6577 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,057

2.6578 GBP

10 10/11p ordinary

SWAP

Increasing Long

18,452

2.6582 GBP

10 10/11p ordinary

SWAP

Increasing Long

70

2.6585 GBP

10 10/11p ordinary

SWAP

Increasing Long

35,687

2.6588 GBP

10 10/11p ordinary

SWAP

Increasing Long

411

2.6589 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,203

2.6599 GBP

10 10/11p ordinary

SWAP

Decreasing Long

308

2.6520 GBP

10 10/11p ordinary

SWAP

Decreasing Long

28,693

2.6540 GBP

10 10/11p ordinary

SWAP

Decreasing Long

908

2.6551 GBP

10 10/11p ordinary

SWAP

Decreasing Long

43,112

2.6552 GBP

10 10/11p ordinary

SWAP

Decreasing Long

94,253

2.6567 GBP

10 10/11p ordinary

SWAP

Decreasing Long

46,836

2.6568 GBP

10 10/11p ordinary

SWAP

Decreasing Long

26,525

2.6570 GBP

10 10/11p ordinary

SWAP

Decreasing Long

40,306

2.6606 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,581

2.6630 GBP

10 10/11p ordinary

CFD

Increasing Short

500,000

2.6583 GBP

10 10/11p ordinary

CFD

Increasing Short

13,655

2.6615 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:

04 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213