Direct Line Regulatory News (DLG)

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:

09 Jun 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:

43,469,116

3.31%

3,935,684

0.30%

(2) Cash-settled derivatives:

4,247,327

0.32%

42,756,962

3.26%

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

0

0.00%

0

0.00%

TOTAL: 

47,716,443

3.64%

46,692,646

3.56%

(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

102,436

3.0299 GBP

10 10/11p ordinary

Purchase

50,264

3.0113 GBP

10 10/11p ordinary

Purchase

42,169

3.0174 GBP

10 10/11p ordinary

Purchase

42,053

3.0228 GBP

10 10/11p ordinary

Purchase

38,600

3.0235 GBP

10 10/11p ordinary

Purchase

13,927

3.0183 GBP

10 10/11p ordinary

Purchase

9,335

3.0314 GBP

10 10/11p ordinary

Purchase

3,509

3.0287 GBP

10 10/11p ordinary

Purchase

3,493

3.0202 GBP

10 10/11p ordinary

Purchase

3,058

3.0100 GBP

10 10/11p ordinary

Purchase

2,078

3.0320 GBP

10 10/11p ordinary

Purchase

508

2.9720 GBP

10 10/11p ordinary

Purchase

500

3.0370 GBP

10 10/11p ordinary

Purchase

378

3.0120 GBP

10 10/11p ordinary

Purchase

280

3.0280 GBP

10 10/11p ordinary

Purchase

278

3.0200 GBP

10 10/11p ordinary

Purchase

121

3.0170 GBP

10 10/11p ordinary

Purchase

71

3.0318 GBP

10 10/11p ordinary

Purchase

65

3.0300 GBP

10 10/11p ordinary

Purchase

38

3.0226 GBP

10 10/11p ordinary

Sale

71,082

3.0099 GBP

10 10/11p ordinary

Sale

60,498

3.0310 GBP

10 10/11p ordinary

Sale

51,947

3.0229 GBP

10 10/11p ordinary

Sale

33,263

3.0122 GBP

10 10/11p ordinary

Sale

22,579

3.0107 GBP

10 10/11p ordinary

Sale

19,129

3.0112 GBP

10 10/11p ordinary

Sale

16,989

3.0098 GBP

10 10/11p ordinary

Sale

14,521

3.0309 GBP

10 10/11p ordinary

Sale

11,667

3.0266 GBP

10 10/11p ordinary

Sale

8,905

3.0300 GBP

10 10/11p ordinary

Sale

7,833

3.0100 GBP

10 10/11p ordinary

Sale

7,261

3.0221 GBP

10 10/11p ordinary

Sale

6,749

3.0218 GBP

10 10/11p ordinary

Sale

5,327

3.0220 GBP

10 10/11p ordinary

Sale

4,160

3.0259 GBP

10 10/11p ordinary

Sale

3,357

3.0277 GBP

10 10/11p ordinary

Sale

2,765

3.0199 GBP

10 10/11p ordinary

Sale

2,124

3.0306 GBP

10 10/11p ordinary

Sale

1,139

3.0154 GBP

10 10/11p ordinary

Sale

1,050

3.0219 GBP

10 10/11p ordinary

Sale

668

3.0200 GBP

10 10/11p ordinary

Sale

384

3.0124 GBP

10 10/11p ordinary

Sale

378

3.0120 GBP

10 10/11p ordinary

Sale

339

3.0172 GBP

10 10/11p ordinary

Sale

323

3.0299 GBP

10 10/11p ordinary

Sale

280

3.0283 GBP

10 10/11p ordinary

Sale

121

3.0173 GBP

10 10/11p ordinary

Sale

95

3.0260 GBP

10 10/11p ordinary

Sale

6

3.0320 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

Decreasing Short

18,859

3.0098 GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,082

3.0099 GBP

10 10/11p ordinary

SWAP

Decreasing Short

17,209

3.0100 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,182

3.0111 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,947

3.0117 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,139

3.0154 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,599

3.0175 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,118

3.0186 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,749

3.0218 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,261

3.0221 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,692

3.0239 GBP

10 10/11p ordinary

SWAP

Decreasing Short

498

3.0259 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,667

3.0266 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,070

2.9720 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,783

3.0100 GBP

10 10/11p ordinary

SWAP

Increasing Short

11,000

3.0102 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,765

3.0110 GBP

10 10/11p ordinary

SWAP

Increasing Short

42,169

3.0174 GBP

10 10/11p ordinary

SWAP

Increasing Short

38

3.0225 GBP

10 10/11p ordinary

SWAP

Increasing Short

38,600

3.0235 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,509

3.0287 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,335

3.0314 GBP

10 10/11p ordinary

SWAP

Increasing Short

970

3.0320 GBP

10 10/11p ordinary

SWAP

Increasing Short

500

3.0370 GBP

10 10/11p ordinary

CFD

Decreasing Short

2,825

3.0158 GBP

10 10/11p ordinary

CFD

Increasing Short

692

2.9722 GBP

10 10/11p ordinary

CFD

Increasing Short

4,749

3.0310 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:

10 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213