Picture of Barclays logo

BCS Barclays News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapSuper Stock

REG - Barclays PLC Direct Line Ins Grp - Form 8.3 DIRECT LINE INSURANCE GROUP PLC

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250513:nRSM4992Ia&default-theme=true

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RETPKNBKNBKDDPD

Recent news on Barclays

See all news