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REG - Barclays PLC Direct Line Ins Grp - Form 8.3 DIRECT LINE INSURANCE GROUP PLC

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RNS Number : 1310I  Barclays PLC  09 May 2025

 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:                                         08 May 2025
 (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:                                                   39,404,027   3.00%        6,044,447    0.46%
 (2) Cash-settled derivatives:                                                                      6,396,118    0.49%        38,752,127   2.96%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    45,800,145   3.49%        45,163,235   3.42%

 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                266,116                        2.9040  GBP
 10 10/11p ordinary  Purchase                146,992                        2.9003  GBP
 10 10/11p ordinary  Purchase                129,079                        2.9019  GBP
 10 10/11p ordinary  Purchase                127,327                        2.8960  GBP
 10 10/11p ordinary  Purchase                60,244                         2.9092  GBP
 10 10/11p ordinary  Purchase                44,380                         2.9045  GBP
 10 10/11p ordinary  Purchase                13,849                         2.9020  GBP
 10 10/11p ordinary  Purchase                9,936                          2.9140  GBP
 10 10/11p ordinary  Purchase                8,325                          2.9060  GBP
 10 10/11p ordinary  Purchase                6,778                          2.9027  GBP
 10 10/11p ordinary  Purchase                5,653                          2.9034  GBP
 10 10/11p ordinary  Purchase                4,839                          2.9042  GBP
 10 10/11p ordinary  Purchase                3,903                          2.9029  GBP
 10 10/11p ordinary  Purchase                3,731                          2.9069  GBP
 10 10/11p ordinary  Purchase                2,574                          2.9070  GBP
 10 10/11p ordinary  Purchase                1,979                          2.9013  GBP
 10 10/11p ordinary  Purchase                1,945                          2.9037  GBP
 10 10/11p ordinary  Purchase                1,202                          2.9050  GBP
 10 10/11p ordinary  Purchase                1,065                          2.9080  GBP
 10 10/11p ordinary  Purchase                849                            2.9010  GBP
 10 10/11p ordinary  Purchase                698                            2.9000  GBP
 10 10/11p ordinary  Sale                    138,842                        2.9028  GBP
 10 10/11p ordinary  Sale                    92,655                         2.8995  GBP
 10 10/11p ordinary  Sale                    90,902                         2.9046  GBP
 10 10/11p ordinary  Sale                    73,399                         2.8959  GBP
 10 10/11p ordinary  Sale                    49,034                         2.9033  GBP
 10 10/11p ordinary  Sale                    43,412                         2.8960  GBP
 10 10/11p ordinary  Sale                    38,577                         2.9054  GBP
 10 10/11p ordinary  Sale                    37,189                         2.8999  GBP
 10 10/11p ordinary  Sale                    29,935                         2.9034  GBP
 10 10/11p ordinary  Sale                    20,272                         2.9043  GBP
 10 10/11p ordinary  Sale                    20,054                         2.9035  GBP
 10 10/11p ordinary  Sale                    19,949                         2.9037  GBP
 10 10/11p ordinary  Sale                    18,564                         2.9039  GBP
 10 10/11p ordinary  Sale                    14,647                         2.9058  GBP
 10 10/11p ordinary  Sale                    9,966                          2.9020  GBP
 10 10/11p ordinary  Sale                    9,506                          2.9060  GBP
 10 10/11p ordinary  Sale                    8,766                          2.9024  GBP
 10 10/11p ordinary  Sale                    8,330                          2.9074  GBP
 10 10/11p ordinary  Sale                    6,491                          2.9042  GBP
 10 10/11p ordinary  Sale                    2,992                          2.9021  GBP
 10 10/11p ordinary  Sale                    2,340                          2.9040  GBP
 10 10/11p ordinary  Sale                    2,024                          2.9072  GBP
 10 10/11p ordinary  Sale                    1,905                          2.9031  GBP
 10 10/11p ordinary  Sale                    1,202                          2.9050  GBP
 10 10/11p ordinary  Sale                    1,065                          2.9080  GBP
 10 10/11p ordinary  Sale                    989                            2.9030  GBP
 10 10/11p ordinary  Sale                    871                            2.9070  GBP
 10 10/11p ordinary  Sale                    849                            2.9010  GBP
 10 10/11p ordinary  Sale                    698                            2.9000  GBP
 10 10/11p ordinary  Sale                    554                            2.9100  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                    Decreasing Short               18,113                  2.8968  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,942                   2.9020  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               33,547                  2.9025  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               7,885                   2.9031  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               49,034                  2.9033  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               6,158                   2.9034  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               12,113                  2.9035  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               18,564                  2.9039  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               8,159                   2.9046  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,483                   2.9065  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               15,077                  2.9078  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               178,638                 2.9100  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               40,011                  2.8959  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               56,644                  2.8960  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,979                   2.9013  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               16,800                  2.9021  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,000                   2.9060  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               25,100                  2.9062  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               3,731                   2.9069  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               9,063                   2.9091  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               60,244                  2.9092  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               7,612                   2.9095  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               178,084                 2.9100  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               22,876                  2.8960  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               10,362                  2.9030  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               28                      2.9060  GBP
 10 10/11p ordinary  CFD                     Increasing Short               16,078                  2.9006  GBP
 10 10/11p ordinary  CFD                     Increasing Short               5,725                   2.9040  GBP
 10 10/11p ordinary  CFD                     Increasing Short               25,183                  2.9125  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:                                                                                09 May 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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