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RNS Number : 4992I Barclays PLC 13 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: 12 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: 39,602,292 3.02% 6,507,669 0.49%
(2) Cash-settled derivatives: 6,904,877 0.53% 38,815,942 2.96%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
46,507,169 3.55% 45,323,611 3.45%
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 117,723 2.8752 GBP
10 10/11p ordinary Purchase 62,820 2.9041 GBP
10 10/11p ordinary Purchase 61,877 2.8914 GBP
10 10/11p ordinary Purchase 58,589 2.8660 GBP
10 10/11p ordinary Purchase 33,541 2.8877 GBP
10 10/11p ordinary Purchase 27,017 2.8872 GBP
10 10/11p ordinary Purchase 23,814 2.8817 GBP
10 10/11p ordinary Purchase 20,449 2.9015 GBP
10 10/11p ordinary Purchase 14,165 2.8902 GBP
10 10/11p ordinary Purchase 12,905 2.8760 GBP
10 10/11p ordinary Purchase 12,537 2.8867 GBP
10 10/11p ordinary Purchase 11,800 2.8989 GBP
10 10/11p ordinary Purchase 11,407 2.8840 GBP
10 10/11p ordinary Purchase 9,901 2.8860 GBP
10 10/11p ordinary Purchase 6,917 2.8826 GBP
10 10/11p ordinary Purchase 6,329 2.8800 GBP
10 10/11p ordinary Purchase 5,731 2.8889 GBP
10 10/11p ordinary Purchase 5,179 2.8936 GBP
10 10/11p ordinary Purchase 3,706 2.8967 GBP
10 10/11p ordinary Purchase 2,800 2.9200 GBP
10 10/11p ordinary Purchase 2,568 2.9040 GBP
10 10/11p ordinary Purchase 2,367 2.8780 GBP
10 10/11p ordinary Purchase 2,321 2.8812 GBP
10 10/11p ordinary Purchase 2,307 2.8878 GBP
10 10/11p ordinary Purchase 2,117 2.8940 GBP
10 10/11p ordinary Purchase 2,087 2.9227 GBP
10 10/11p ordinary Purchase 2,062 2.9000 GBP
10 10/11p ordinary Purchase 2,047 2.8730 GBP
10 10/11p ordinary Purchase 2,005 2.8859 GBP
10 10/11p ordinary Purchase 1,914 2.8739 GBP
10 10/11p ordinary Purchase 1,850 2.8920 GBP
10 10/11p ordinary Purchase 1,738 2.8823 GBP
10 10/11p ordinary Purchase 1,722 2.8980 GBP
10 10/11p ordinary Purchase 1,472 2.9020 GBP
10 10/11p ordinary Purchase 1,390 2.8700 GBP
10 10/11p ordinary Purchase 1,311 2.9070 GBP
10 10/11p ordinary Purchase 1,248 2.8810 GBP
10 10/11p ordinary Purchase 1,179 2.8820 GBP
10 10/11p ordinary Purchase 1,095 2.8870 GBP
10 10/11p ordinary Purchase 984 2.8900 GBP
10 10/11p ordinary Purchase 894 2.8677 GBP
10 10/11p ordinary Purchase 890 2.9180 GBP
10 10/11p ordinary Purchase 635 2.9140 GBP
10 10/11p ordinary Purchase 570 2.9210 GBP
10 10/11p ordinary Purchase 539 2.8838 GBP
10 10/11p ordinary Purchase 84 2.9280 GBP
10 10/11p ordinary Purchase 53 2.8775 GBP
10 10/11p ordinary Sale 86,763 2.8857 GBP
10 10/11p ordinary Sale 80,597 2.8948 GBP
10 10/11p ordinary Sale 78,530 2.8816 GBP
10 10/11p ordinary Sale 60,910 2.8766 GBP
10 10/11p ordinary Sale 57,619 2.8821 GBP
10 10/11p ordinary Sale 52,145 2.8824 GBP
10 10/11p ordinary Sale 41,337 2.8848 GBP
10 10/11p ordinary Sale 34,765 2.8814 GBP
10 10/11p ordinary Sale 31,923 2.8842 GBP
10 10/11p ordinary Sale 29,133 2.8943 GBP
10 10/11p ordinary Sale 22,872 2.8776 GBP
10 10/11p ordinary Sale 20,950 2.8660 GBP
10 10/11p ordinary Sale 19,969 2.9069 GBP
10 10/11p ordinary Sale 12,154 2.9042 GBP
10 10/11p ordinary Sale 11,306 2.9012 GBP
10 10/11p ordinary Sale 10,607 2.8840 GBP
10 10/11p ordinary Sale 8,569 2.8987 GBP
10 10/11p ordinary Sale 6,499 2.8851 GBP
10 10/11p ordinary Sale 6,329 2.8800 GBP
10 10/11p ordinary Sale 4,702 2.8910 GBP
10 10/11p ordinary Sale 4,100 2.8746 GBP
10 10/11p ordinary Sale 3,835 2.9060 GBP
10 10/11p ordinary Sale 3,425 2.8926 GBP
10 10/11p ordinary Sale 3,283 2.8860 GBP
10 10/11p ordinary Sale 3,213 2.9050 GBP
10 10/11p ordinary Sale 2,800 2.9200 GBP
10 10/11p ordinary Sale 2,568 2.9040 GBP
10 10/11p ordinary Sale 2,543 2.9016 GBP
10 10/11p ordinary Sale 2,367 2.8780 GBP
10 10/11p ordinary Sale 2,181 2.8767 GBP
10 10/11p ordinary Sale 2,069 2.9018 GBP
10 10/11p ordinary Sale 1,850 2.8920 GBP
10 10/11p ordinary Sale 1,722 2.8980 GBP
10 10/11p ordinary Sale 1,604 2.8887 GBP
10 10/11p ordinary Sale 1,472 2.9020 GBP
10 10/11p ordinary Sale 1,390 2.8700 GBP
10 10/11p ordinary Sale 1,248 2.8810 GBP
10 10/11p ordinary Sale 1,179 2.8820 GBP
10 10/11p ordinary Sale 1,134 2.8940 GBP
10 10/11p ordinary Sale 984 2.8900 GBP
10 10/11p ordinary Sale 983 2.8942 GBP
10 10/11p ordinary Sale 911 2.8680 GBP
10 10/11p ordinary Sale 890 2.9180 GBP
10 10/11p ordinary Sale 809 2.8833 GBP
10 10/11p ordinary Sale 676 2.8659 GBP
10 10/11p ordinary Sale 635 2.9140 GBP
10 10/11p ordinary Sale 531 2.8760 GBP
10 10/11p ordinary Sale 393 2.8787 GBP
10 10/11p ordinary Sale 357 2.8786 GBP
10 10/11p ordinary Sale 317 2.8878 GBP
10 10/11p ordinary Sale 259 2.9088 GBP
10 10/11p ordinary Sale 252 2.9278 GBP
10 10/11p ordinary Sale 230 2.8770 GBP
10 10/11p ordinary Sale 156 2.8929 GBP
10 10/11p ordinary Sale 20 2.8876 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 676 2.8659 GBP
10 10/11p ordinary SWAP Decreasing Short 8,729 2.8660 GBP
10 10/11p ordinary SWAP Decreasing Short 911 2.8680 GBP
10 10/11p ordinary SWAP Decreasing Short 4,100 2.8746 GBP
10 10/11p ordinary SWAP Decreasing Short 60,910 2.8766 GBP
10 10/11p ordinary SWAP Decreasing Short 230 2.8770 GBP
10 10/11p ordinary SWAP Decreasing Short 22,872 2.8776 GBP
10 10/11p ordinary SWAP Decreasing Short 357 2.8786 GBP
10 10/11p ordinary SWAP Decreasing Short 393 2.8787 GBP
10 10/11p ordinary SWAP Decreasing Short 28,919 2.8804 GBP
10 10/11p ordinary SWAP Decreasing Short 71,374 2.8806 GBP
10 10/11p ordinary SWAP Decreasing Short 809 2.8833 GBP
10 10/11p ordinary SWAP Decreasing Short 13,320 2.8840 GBP
10 10/11p ordinary SWAP Decreasing Short 41,337 2.8848 GBP
10 10/11p ordinary SWAP Decreasing Short 6,499 2.8851 GBP
10 10/11p ordinary SWAP Decreasing Short 86,763 2.8857 GBP
10 10/11p ordinary SWAP Decreasing Short 1,586 2.8872 GBP
10 10/11p ordinary SWAP Decreasing Short 20 2.8876 GBP
10 10/11p ordinary SWAP Decreasing Short 317 2.8878 GBP
10 10/11p ordinary SWAP Decreasing Short 1,604 2.8887 GBP
10 10/11p ordinary SWAP Decreasing Short 4,702 2.8910 GBP
10 10/11p ordinary SWAP Decreasing Short 7,156 2.8925 GBP
10 10/11p ordinary SWAP Decreasing Short 156 2.8929 GBP
10 10/11p ordinary SWAP Decreasing Short 29,133 2.8943 GBP
10 10/11p ordinary SWAP Decreasing Short 259 2.9088 GBP
10 10/11p ordinary SWAP Decreasing Short 252 2.9278 GBP
10 10/11p ordinary SWAP Increasing Short 18,193 2.8660 GBP
10 10/11p ordinary SWAP Increasing Short 894 2.8677 GBP
10 10/11p ordinary SWAP Increasing Short 230 2.8705 GBP
10 10/11p ordinary SWAP Increasing Short 2,857 2.8768 GBP
10 10/11p ordinary SWAP Increasing Short 53 2.8774 GBP
10 10/11p ordinary SWAP Increasing Short 1,627 2.8805 GBP
10 10/11p ordinary SWAP Increasing Short 20,957 2.8824 GBP
10 10/11p ordinary SWAP Increasing Short 752 2.8845 GBP
10 10/11p ordinary SWAP Increasing Short 250 2.8846 GBP
10 10/11p ordinary SWAP Increasing Short 3,706 2.8967 GBP
10 10/11p ordinary SWAP Increasing Short 4,300 2.8969 GBP
10 10/11p ordinary SWAP Increasing Short 2,062 2.9000 GBP
10 10/11p ordinary SWAP Increasing Short 7,500 2.9001 GBP
10 10/11p ordinary SWAP Increasing Short 2,087 2.9227 GBP
10 10/11p ordinary SWAP Increasing Short 84 2.9280 GBP
10 10/11p ordinary CFD Decreasing Short 4,587 2.8827 GBP
10 10/11p ordinary CFD Decreasing Short 24,804 2.8925 GBP
10 10/11p ordinary CFD Increasing Short 58,315 2.8704 GBP
10 10/11p ordinary CFD Increasing Short 33,444 2.8762 GBP
10 10/11p ordinary CFD Increasing Short 14,031 2.8886 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: 13 May 2025
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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