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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 : 4367N  Barclays PLC  18 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:                                         17 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:                                                   33,797,192   2.58%        3,318,743    0.25%
 (2) Cash-settled derivatives:                                                                      3,648,290    0.28%        33,207,777   2.53%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    37,445,482   2.86%        36,526,520   2.78%

 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                252,188                        3.0263  GBP
 10 10/11p ordinary  Purchase                228,073                        3.0260  GBP
 10 10/11p ordinary  Purchase                171,375                        3.0279  GBP
 10 10/11p ordinary  Purchase                130,458                        3.0259  GBP
 ADR                 Purchase                81,888                         16.2600  USD
 10 10/11p ordinary  Purchase                57,698                         3.0248  GBP
 10 10/11p ordinary  Purchase                35,437                         3.0266  GBP
 10 10/11p ordinary  Purchase                33,290                         3.0284  GBP
 10 10/11p ordinary  Purchase                26,973                         3.0240  GBP
 10 10/11p ordinary  Purchase                22,376                         3.0184  GBP
 10 10/11p ordinary  Purchase                22,203                         3.0265  GBP
 10 10/11p ordinary  Purchase                21,988                         3.0252  GBP
 10 10/11p ordinary  Purchase                15,813                         3.0275  GBP
 10 10/11p ordinary  Purchase                14,167                         3.0193  GBP
 10 10/11p ordinary  Purchase                13,125                         3.0264  GBP
 10 10/11p ordinary  Purchase                11,487                         3.0285  GBP
 10 10/11p ordinary  Purchase                8,471                          3.0280  GBP
 10 10/11p ordinary  Purchase                7,208                          3.0203  GBP
 10 10/11p ordinary  Purchase                6,832                          3.0267  GBP
 10 10/11p ordinary  Purchase                6,670                          3.0310  GBP
 10 10/11p ordinary  Purchase                4,905                          3.0198  GBP
 10 10/11p ordinary  Purchase                4,895                          3.0214  GBP
 10 10/11p ordinary  Purchase                4,697                          3.0233  GBP
 10 10/11p ordinary  Purchase                4,682                          3.0246  GBP
 10 10/11p ordinary  Purchase                4,542                          3.0283  GBP
 10 10/11p ordinary  Purchase                3,119                          3.0282  GBP
 10 10/11p ordinary  Purchase                2,281                          3.0270  GBP
 10 10/11p ordinary  Purchase                281                            2.9864  GBP
 10 10/11p ordinary  Sale                    6,340,790                      3.0273  GBP
 10 10/11p ordinary  Sale                    2,905,623                      3.0265  GBP
 10 10/11p ordinary  Sale                    344,866                        3.0260  GBP
 10 10/11p ordinary  Sale                    177,410                        3.0203  GBP
 10 10/11p ordinary  Sale                    149,938                        3.0230  GBP
 10 10/11p ordinary  Sale                    111,230                        3.0206  GBP
 10 10/11p ordinary  Sale                    86,877                         3.0266  GBP
 10 10/11p ordinary  Sale                    72,590                         3.0258  GBP
 10 10/11p ordinary  Sale                    58,399                         3.0255  GBP
 10 10/11p ordinary  Sale                    48,468                         3.0249  GBP
 10 10/11p ordinary  Sale                    37,821                         3.0210  GBP
 10 10/11p ordinary  Sale                    33,286                         3.0253  GBP
 10 10/11p ordinary  Sale                    27,237                         3.0198  GBP
 10 10/11p ordinary  Sale                    14,478                         3.0248  GBP
 10 10/11p ordinary  Sale                    6,670                          3.0310  GBP
 10 10/11p ordinary  Sale                    6,297                          3.0219  GBP
 10 10/11p ordinary  Sale                    5,489                          3.0259  GBP
 10 10/11p ordinary  Sale                    3,529                          3.0299  GBP
 10 10/11p ordinary  Sale                    2,908                          3.0274  GBP
 10 10/11p ordinary  Sale                    2,654                          3.0251  GBP
 10 10/11p ordinary  Sale                    997                            3.0252  GBP
 10 10/11p ordinary  Sale                    822                            3.0250  GBP
 10 10/11p ordinary  Sale                    759                            3.0285  GBP
 10 10/11p ordinary  Sale                    674                            3.0080  GBP
 10 10/11p ordinary  Sale                    328                            3.0240  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                    Increasing Short               281                     2.9864  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               1,428                   3.0079  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               11                      3.0140  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               37,821                  3.0210  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               250,000                 3.0219  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               149,938                 3.0230  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               80,809                  3.0235  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               8,709                   3.0240  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               137                     3.0246  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               48,468                  3.0249  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               7,500                   3.0253  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               38,259                  3.0258  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,489                   3.0259  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,905,623               3.0265  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               86,877                  3.0266  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,908                   3.0274  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               22,574                  3.0237  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,682                   3.0246  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               21,120                  3.0248  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               65,442                  3.0252  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               107,100                 3.0257  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               219,718                 3.0260  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               123                     3.0262  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               13,125                  3.0264  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               87,244                  3.0266  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,200                   3.0270  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               6,691                   3.0272  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               124,128                 3.0278  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               38,728                  3.0279  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               45,303                  3.0282  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,542                   3.0283  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               33,290                  3.0284  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               11,487                  3.0285  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               449                     3.0300  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               15,300                  3.0117  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               24,368                  3.0193  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               912                     3.0197  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               6,340,790               3.0273  GBP
 10 10/11p ordinary  CFD                     Increasing Short               51,396                  3.0190  GBP
 10 10/11p ordinary  CFD                     Increasing Short               48,736                  3.0193  GBP
 10 10/11p ordinary  CFD                     Increasing Short               22,669                  3.0204  GBP
 10 10/11p ordinary  CFD                     Increasing Short               12,091                  3.0205  GBP
 10 10/11p ordinary  CFD                     Increasing Short               6,124                   3.0206  GBP
 10 10/11p ordinary  CFD                     Increasing Short               130,342                 3.0268  GBP
 10 10/11p ordinary  CFD                     Increasing Short               21,350                  3.0278  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:                                                                                18 Jun 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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