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

Direct Line InsuranceAnnouncement

23/04/2025 15:00

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RNS Number : 9076F  Barclays PLC  23 April 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:                                         22 Apr 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:                                                   37,151,849   2.83%        6,134,516    0.46%
 (2) Cash-settled derivatives:                                                                      6,382,526    0.49%        36,242,138   2.76%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    43,534,375   3.32%        42,376,654   3.22%

 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                278,819                        2.7726  GBP
 10 10/11p ordinary  Purchase                188,002                        2.7700  GBP
 10 10/11p ordinary  Purchase                65,869                         2.7673  GBP
 10 10/11p ordinary  Purchase                53,201                         2.7715  GBP
 10 10/11p ordinary  Purchase                50,407                         2.7742  GBP
 10 10/11p ordinary  Purchase                49,172                         2.7695  GBP
 10 10/11p ordinary  Purchase                29,996                         2.7724  GBP
 10 10/11p ordinary  Purchase                24,404                         2.7683  GBP
 10 10/11p ordinary  Purchase                21,708                         2.7709  GBP
 10 10/11p ordinary  Purchase                17,000                         2.7710  GBP
 10 10/11p ordinary  Purchase                15,538                         2.7720  GBP
 10 10/11p ordinary  Purchase                13,840                         2.7783  GBP
 10 10/11p ordinary  Purchase                9,773                          2.7629  GBP
 10 10/11p ordinary  Purchase                9,653                          2.7751  GBP
 10 10/11p ordinary  Purchase                8,873                          2.7711  GBP
 10 10/11p ordinary  Purchase                7,913                          2.7696  GBP
 10 10/11p ordinary  Purchase                6,994                          2.7732  GBP
 10 10/11p ordinary  Purchase                5,641                          2.7744  GBP
 10 10/11p ordinary  Purchase                3,969                          2.7781  GBP
 10 10/11p ordinary  Purchase                3,520                          2.7702  GBP
 10 10/11p ordinary  Purchase                3,223                          2.7699  GBP
 10 10/11p ordinary  Purchase                3,000                          2.7760  GBP
 10 10/11p ordinary  Purchase                3,000                          2.7757  GBP
 10 10/11p ordinary  Purchase                2,610                          2.7640  GBP
 10 10/11p ordinary  Purchase                2,508                          2.7682  GBP
 10 10/11p ordinary  Purchase                2,455                          2.7765  GBP
 10 10/11p ordinary  Purchase                1,673                          2.7762  GBP
 10 10/11p ordinary  Purchase                1,011                          2.7780  GBP
 10 10/11p ordinary  Purchase                419                            2.7663  GBP
 10 10/11p ordinary  Purchase                71                             2.7540  GBP
 10 10/11p ordinary  Sale                    70,735                         2.7633  GBP
 10 10/11p ordinary  Sale                    60,441                         2.7702  GBP
 10 10/11p ordinary  Sale                    18,543                         2.7720  GBP
 10 10/11p ordinary  Sale                    16,635                         2.7550  GBP
 10 10/11p ordinary  Sale                    14,698                         2.7724  GBP
 10 10/11p ordinary  Sale                    13,237                         2.7700  GBP
 10 10/11p ordinary  Sale                    12,251                         2.7734  GBP
 10 10/11p ordinary  Sale                    10,308                         2.7731  GBP
 10 10/11p ordinary  Sale                    7,393                          2.7772  GBP
 10 10/11p ordinary  Sale                    7,313                          2.7706  GBP
 10 10/11p ordinary  Sale                    6,857                          2.7449  GBP
 10 10/11p ordinary  Sale                    4,722                          2.7661  GBP
 10 10/11p ordinary  Sale                    3,000                          2.7760  GBP
 10 10/11p ordinary  Sale                    2,852                          2.7740  GBP
 10 10/11p ordinary  Sale                    2,370                          2.7688  GBP
 10 10/11p ordinary  Sale                    2,210                          2.7640  GBP
 10 10/11p ordinary  Sale                    1,381                          2.7795  GBP
 10 10/11p ordinary  Sale                    1,372                          2.7657  GBP
 10 10/11p ordinary  Sale                    1,157                          2.7689  GBP
 10 10/11p ordinary  Sale                    1,115                          2.7810  GBP
 10 10/11p ordinary  Sale                    1,078                          2.7780  GBP
 10 10/11p ordinary  Sale                    566                            2.7676  GBP
 10 10/11p ordinary  Sale                    502                            2.7687  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               6,857                   2.7449  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               16,635                  2.7550  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               93                      2.7659  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               15,933                  2.7699  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               6,446                   2.7728  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,805                   2.7740  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               419                     2.7663  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,519                   2.7667  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               102,400                 2.7681  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               18,164                  2.7688  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               3,223                   2.7699  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               206,903                 2.7700  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               35,593                  2.7708  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               22,228                  2.7710  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               19,651                  2.7715  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               29,996                  2.7724  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               17,608                  2.7729  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               792                     2.7758  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,100                   2.7811  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               30,835                  2.7555  GBP
 10 10/11p ordinary  CFD                     Increasing Short               13,473                  2.7746  GBP
 10 10/11p ordinary  CFD                     Increasing Short               131,315                 2.7748  GBP
 10 10/11p ordinary  CFD                     Increasing Short               51,627                  2.7749  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:                                                                                23 Apr 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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