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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 : 2959H  Barclays PLC  02 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:                                         01 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:                                                   39,383,409   3.00%        6,079,584    0.46%
 (2) Cash-settled derivatives:                                                                      6,376,576    0.49%        38,708,763   2.95%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    45,759,985   3.49%        44,788,347   3.41%

 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                83,926                         2.8486  GBP
 10 10/11p ordinary  Purchase                27,540                         2.8432  GBP
 10 10/11p ordinary  Purchase                26,983                         2.8468  GBP
 10 10/11p ordinary  Purchase                25,689                         2.8453  GBP
 10 10/11p ordinary  Purchase                23,337                         2.8454  GBP
 10 10/11p ordinary  Purchase                21,300                         2.8431  GBP
 10 10/11p ordinary  Purchase                16,541                         2.8423  GBP
 10 10/11p ordinary  Purchase                14,825                         2.8411  GBP
 10 10/11p ordinary  Purchase                14,500                         2.8412  GBP
 10 10/11p ordinary  Purchase                11,700                         2.8637  GBP
 10 10/11p ordinary  Purchase                11,165                         2.8451  GBP
 10 10/11p ordinary  Purchase                9,158                          2.8428  GBP
 10 10/11p ordinary  Purchase                8,673                          2.8445  GBP
 10 10/11p ordinary  Purchase                6,835                          2.8414  GBP
 10 10/11p ordinary  Purchase                6,609                          2.8446  GBP
 10 10/11p ordinary  Purchase                6,073                          2.8438  GBP
 10 10/11p ordinary  Purchase                5,249                          2.8488  GBP
 10 10/11p ordinary  Purchase                4,907                          2.8460  GBP
 10 10/11p ordinary  Purchase                3,315                          2.8470  GBP
 10 10/11p ordinary  Purchase                2,442                          2.8400  GBP
 10 10/11p ordinary  Purchase                2,237                          2.8480  GBP
 10 10/11p ordinary  Purchase                1,072                          2.8420  GBP
 10 10/11p ordinary  Purchase                484                            2.8660  GBP
 10 10/11p ordinary  Purchase                298                            2.8440  GBP
 10 10/11p ordinary  Sale                    91,212                         2.8431  GBP
 10 10/11p ordinary  Sale                    45,391                         2.8660  GBP
 10 10/11p ordinary  Sale                    31,134                         2.8602  GBP
 10 10/11p ordinary  Sale                    18,564                         2.8520  GBP
 10 10/11p ordinary  Sale                    5,959                          2.8460  GBP
 10 10/11p ordinary  Sale                    2,636                          2.8379  GBP
 10 10/11p ordinary  Sale                    2,237                          2.8480  GBP
 10 10/11p ordinary  Sale                    1,658                          2.8470  GBP
 10 10/11p ordinary  Sale                    1,072                          2.8420  GBP
 10 10/11p ordinary  Sale                    400                            2.8452  GBP
 10 10/11p ordinary  Sale                    376                            2.8498  GBP
 10 10/11p ordinary  Sale                    298                            2.8440  GBP
 10 10/11p ordinary  Sale                    88                             2.8439  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               2,636                   2.8379  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               88                      2.8440  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               80                      2.8451  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               320                     2.8452  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               1,631                   2.8500  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               31,440                  2.8660  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               14,825                  2.8411  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               9,022                   2.8414  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               21,300                  2.8431  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               11,148                  2.8436  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               372                     2.8444  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               8,673                   2.8445  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               25,689                  2.8453  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               23,337                  2.8454  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               27                      2.8480  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               11,700                  2.8637  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               108                     2.8660  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               5,365                   2.8325  GBP
 10 10/11p ordinary  CFD                     Increasing Short               68,972                  2.8432  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:                                                                                02 May 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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.   END  RETPKBBNNBKDNPK

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