REG - Barclays PLC Direct Line Ins Grp - Form 8.3 DIRECT LINE INSURANCE GROUP PLC
25/04/2025 15:15
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RNS Number : 2905G Barclays PLC 25 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: 24 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: 38,518,168 2.94% 5,800,541 0.44%
(2) Cash-settled derivatives: 6,062,715 0.46% 37,624,630 2.87%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
44,580,883 3.40% 43,425,171 3.31%
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 433,500 2.7899 GBP
10 10/11p ordinary Purchase 255,000 2.7957 GBP
10 10/11p ordinary Purchase 250,000 2.7840 GBP
10 10/11p ordinary Purchase 250,000 2.7918 GBP
10 10/11p ordinary Purchase 180,080 2.7844 GBP
10 10/11p ordinary Purchase 95,772 2.7910 GBP
10 10/11p ordinary Purchase 80,646 2.7900 GBP
10 10/11p ordinary Purchase 48,951 2.7950 GBP
10 10/11p ordinary Purchase 47,717 2.7778 GBP
10 10/11p ordinary Purchase 43,241 2.7928 GBP
10 10/11p ordinary Purchase 33,911 2.7853 GBP
10 10/11p ordinary Purchase 22,917 2.7962 GBP
10 10/11p ordinary Purchase 21,098 2.7880 GBP
10 10/11p ordinary Purchase 20,034 2.7842 GBP
10 10/11p ordinary Purchase 9,616 2.7871 GBP
10 10/11p ordinary Purchase 8,391 2.7854 GBP
10 10/11p ordinary Purchase 5,569 2.7887 GBP
10 10/11p ordinary Purchase 5,482 2.7903 GBP
10 10/11p ordinary Purchase 4,943 2.7908 GBP
10 10/11p ordinary Purchase 3,833 2.7920 GBP
10 10/11p ordinary Purchase 3,289 2.7860 GBP
10 10/11p ordinary Purchase 3,121 2.7800 GBP
10 10/11p ordinary Purchase 2,842 2.7812 GBP
10 10/11p ordinary Purchase 2,769 2.7917 GBP
10 10/11p ordinary Purchase 2,450 2.7818 GBP
10 10/11p ordinary Purchase 2,137 2.7843 GBP
10 10/11p ordinary Purchase 2,098 2.7830 GBP
10 10/11p ordinary Purchase 1,233 2.7960 GBP
10 10/11p ordinary Purchase 999 2.7820 GBP
10 10/11p ordinary Purchase 930 2.7914 GBP
10 10/11p ordinary Purchase 815 2.7687 GBP
10 10/11p ordinary Purchase 810 2.7780 GBP
10 10/11p ordinary Purchase 269 2.7882 GBP
10 10/11p ordinary Sale 196,619 2.7836 GBP
10 10/11p ordinary Sale 100,472 2.7800 GBP
10 10/11p ordinary Sale 48,371 2.7807 GBP
10 10/11p ordinary Sale 47,134 2.7779 GBP
10 10/11p ordinary Sale 36,589 2.7830 GBP
10 10/11p ordinary Sale 36,252 2.7913 GBP
10 10/11p ordinary Sale 31,425 2.7855 GBP
10 10/11p ordinary Sale 23,208 2.7774 GBP
10 10/11p ordinary Sale 17,400 2.7892 GBP
10 10/11p ordinary Sale 12,512 2.7757 GBP
10 10/11p ordinary Sale 9,461 2.7760 GBP
10 10/11p ordinary Sale 6,321 2.7796 GBP
10 10/11p ordinary Sale 5,206 2.7884 GBP
10 10/11p ordinary Sale 4,964 2.7857 GBP
10 10/11p ordinary Sale 4,595 2.7886 GBP
10 10/11p ordinary Sale 3,335 2.7814 GBP
10 10/11p ordinary Sale 2,374 2.7765 GBP
10 10/11p ordinary Sale 2,179 2.7889 GBP
10 10/11p ordinary Sale 2,083 2.7740 GBP
10 10/11p ordinary Sale 1,986 2.7770 GBP
10 10/11p ordinary Sale 1,225 2.7818 GBP
10 10/11p ordinary Sale 930 2.7917 GBP
10 10/11p ordinary Sale 815 2.7690 GBP
10 10/11p ordinary Sale 705 2.7900 GBP
10 10/11p ordinary Sale 270 2.7799 GBP
10 10/11p ordinary Sale 269 2.7885 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 433,500 2.7899 GBP
10 10/11p ordinary SWAP Increasing Short 255,000 2.7957 GBP
10 10/11p ordinary SWAP Decreasing Short 13,031 2.7768 GBP
10 10/11p ordinary SWAP Decreasing Short 12,667 2.7771 GBP
10 10/11p ordinary SWAP Decreasing Short 47,134 2.7779 GBP
10 10/11p ordinary SWAP Decreasing Short 8,306 2.7800 GBP
10 10/11p ordinary SWAP Decreasing Short 1,669 2.7805 GBP
10 10/11p ordinary SWAP Decreasing Short 48,271 2.7807 GBP
10 10/11p ordinary SWAP Decreasing Short 196,619 2.7836 GBP
10 10/11p ordinary SWAP Decreasing Short 100 2.7859 GBP
10 10/11p ordinary SWAP Increasing Short 15,153 2.7800 GBP
10 10/11p ordinary SWAP Increasing Short 26,114 2.7801 GBP
10 10/11p ordinary SWAP Increasing Short 2,098 2.7830 GBP
10 10/11p ordinary SWAP Increasing Short 9,770 2.7831 GBP
10 10/11p ordinary SWAP Increasing Short 250,000 2.7840 GBP
10 10/11p ordinary SWAP Increasing Short 34,619 2.7877 GBP
10 10/11p ordinary SWAP Increasing Short 2 2.7880 GBP
10 10/11p ordinary SWAP Increasing Short 8,251 2.7891 GBP
10 10/11p ordinary SWAP Increasing Short 11,838 2.7895 GBP
10 10/11p ordinary SWAP Increasing Short 90,501 2.7910 GBP
10 10/11p ordinary SWAP Increasing Short 295,767 2.7918 GBP
10 10/11p ordinary SWAP Increasing Short 43,241 2.7928 GBP
10 10/11p ordinary SWAP Increasing Short 48,951 2.7950 GBP
10 10/11p ordinary CFD Decreasing Short 13,037 2.7771 GBP
10 10/11p ordinary CFD Decreasing Short 11,076 2.7906 GBP
10 10/11p ordinary CFD Increasing Short 2,842 2.7812 GBP
10 10/11p ordinary CFD Increasing Short 1,225 2.7819 GBP
10 10/11p ordinary CFD Increasing Short 1,949 2.7860 GBP
10 10/11p ordinary CFD Increasing Short 55,002 2.7872 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: 25 Apr 2025
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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