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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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