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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 : 0541M  Barclays PLC  09 June 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:                                         06 Jun 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:                                                   43,482,994   3.32%        3,907,784    0.29%
 (2) Cash-settled derivatives:                                                                      4,214,119    0.32%        42,766,401   3.26%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    47,697,113   3.64%        46,674,185   3.55%

 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                61,798                         3.0374  GBP
 10 10/11p ordinary  Purchase                60,814                         3.0448  GBP
 10 10/11p ordinary  Purchase                48,700                         3.0367  GBP
 10 10/11p ordinary  Purchase                46,341                         3.0520  GBP
 10 10/11p ordinary  Purchase                44,703                         3.0309  GBP
 10 10/11p ordinary  Purchase                8,896                          3.0335  GBP
 10 10/11p ordinary  Purchase                4,298                          3.0395  GBP
 10 10/11p ordinary  Purchase                3,000                          3.0320  GBP
 10 10/11p ordinary  Purchase                2,872                          3.0267  GBP
 10 10/11p ordinary  Purchase                1,611                          3.0339  GBP
 10 10/11p ordinary  Purchase                1,464                          3.0368  GBP
 10 10/11p ordinary  Purchase                340                            3.0240  GBP
 10 10/11p ordinary  Purchase                288                            3.0400  GBP
 10 10/11p ordinary  Purchase                239                            3.0290  GBP
 10 10/11p ordinary  Purchase                183                            3.0260  GBP
 10 10/11p ordinary  Sale                    207,853                        3.0520  GBP
 10 10/11p ordinary  Sale                    59,847                         3.0512  GBP
 10 10/11p ordinary  Sale                    50,379                         3.0519  GBP
 10 10/11p ordinary  Sale                    32,773                         3.0472  GBP
 10 10/11p ordinary  Sale                    31,033                         3.0358  GBP
 10 10/11p ordinary  Sale                    10,939                         3.0377  GBP
 10 10/11p ordinary  Sale                    8,410                          3.0424  GBP
 10 10/11p ordinary  Sale                    5,746                          3.0522  GBP
 10 10/11p ordinary  Sale                    4,226                          3.0439  GBP
 10 10/11p ordinary  Sale                    3,199                          3.0325  GBP
 10 10/11p ordinary  Sale                    2,269                          3.0369  GBP
 10 10/11p ordinary  Sale                    1,858                          3.0322  GBP
 10 10/11p ordinary  Sale                    1,500                          3.0221  GBP
 10 10/11p ordinary  Sale                    1,073                          3.0380  GBP
 10 10/11p ordinary  Sale                    805                            3.0320  GBP
 10 10/11p ordinary  Sale                    795                            3.0349  GBP
 10 10/11p ordinary  Sale                    710                            3.0329  GBP
 10 10/11p ordinary  Sale                    459                            3.0420  GBP
 10 10/11p ordinary  Sale                    300                            3.0240  GBP
 10 10/11p ordinary  Sale                    288                            3.0400  GBP
 10 10/11p ordinary  Sale                    239                            3.0290  GBP
 10 10/11p ordinary  Sale                    183                            3.0260  GBP
 10 10/11p ordinary  Sale                    100                            3.0280  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               1,500                   3.0221  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               871                     3.0306  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               805                     3.0320  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,152                   3.0334  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               1,623                   3.0342  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               31,033                  3.0358  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               10,939                  3.0377  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,684                   3.0403  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               6,581                   3.0410  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               310                     3.0420  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,226                   3.0439  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               826                     3.0518  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               50,379                  3.0519  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               220,864                 3.0520  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               340                     3.0240  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,872                   3.0267  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               44,703                  3.0309  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,611                   3.0340  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               48,700                  3.0367  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,464                   3.0368  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,298                   3.0395  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               60,814                  3.0448  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               59                      3.0500  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               8,377                   3.0520  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               5,728                   3.0522  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               20,181                  3.0517  GBP
 10 10/11p ordinary  CFD                     Increasing Short               34,522                  3.0313  GBP
 10 10/11p ordinary  CFD                     Increasing Short               4,472                   3.0519  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 Jun 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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