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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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