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

Direct Line InsuranceAnnouncement

Yesterday 15:30

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RNS Number : 5466H  Barclays PLC  06 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:                                         02 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:                                                   39,381,359   3.00%        6,230,082    0.47%
 (2) Cash-settled derivatives:                                                                      6,527,054    0.50%        38,710,901   2.95%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    45,908,413   3.50%        44,940,983   3.42%

 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                193,818                        2.8593  GBP
 10 10/11p ordinary  Purchase                24,444                         2.8521  GBP
 10 10/11p ordinary  Purchase                11,662                         2.8578  GBP
 10 10/11p ordinary  Purchase                11,626                         2.8500  GBP
 10 10/11p ordinary  Purchase                10,900                         2.8632  GBP
 10 10/11p ordinary  Purchase                9,033                          2.8700  GBP
 10 10/11p ordinary  Purchase                4,328                          2.8588  GBP
 10 10/11p ordinary  Purchase                2,343                          2.8620  GBP
 10 10/11p ordinary  Purchase                2,256                          2.8600  GBP
 10 10/11p ordinary  Purchase                1,716                          2.8480  GBP
 10 10/11p ordinary  Purchase                1,244                          2.8624  GBP
 10 10/11p ordinary  Purchase                955                            2.8621  GBP
 10 10/11p ordinary  Purchase                550                            2.8580  GBP
 10 10/11p ordinary  Purchase                504                            2.8565  GBP
 10 10/11p ordinary  Purchase                393                            2.8660  GBP
 10 10/11p ordinary  Purchase                282                            2.8640  GBP
 10 10/11p ordinary  Purchase                137                            2.8680  GBP
 10 10/11p ordinary  Purchase                66                             2.8540  GBP
 10 10/11p ordinary  Purchase                13                             2.8560  GBP
 10 10/11p ordinary  Sale                    96,740                         2.8512  GBP
 10 10/11p ordinary  Sale                    73,983                         2.8600  GBP
 10 10/11p ordinary  Sale                    62,348                         2.8576  GBP
 10 10/11p ordinary  Sale                    44,992                         2.8602  GBP
 10 10/11p ordinary  Sale                    40,133                         2.8604  GBP
 10 10/11p ordinary  Sale                    31,603                         2.8575  GBP
 10 10/11p ordinary  Sale                    29,395                         2.8586  GBP
 10 10/11p ordinary  Sale                    16,131                         2.8613  GBP
 10 10/11p ordinary  Sale                    8,500                          2.8555  GBP
 10 10/11p ordinary  Sale                    5,306                          2.8560  GBP
 10 10/11p ordinary  Sale                    4,370                          2.8553  GBP
 10 10/11p ordinary  Sale                    3,594                          2.8700  GBP
 10 10/11p ordinary  Sale                    3,253                          2.8534  GBP
 10 10/11p ordinary  Sale                    3,092                          2.8480  GBP
 10 10/11p ordinary  Sale                    2,686                          2.8652  GBP
 10 10/11p ordinary  Sale                    836                            2.8490  GBP
 10 10/11p ordinary  Sale                    550                            2.8580  GBP
 10 10/11p ordinary  Sale                    376                            2.8660  GBP
 10 10/11p ordinary  Sale                    357                            2.8500  GBP
 10 10/11p ordinary  Sale                    282                            2.8640  GBP
 10 10/11p ordinary  Sale                    274                            2.8680  GBP
 10 10/11p ordinary  Sale                    17                             2.8662  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               17,611                  2.8504  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,100                   2.8513  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               79,129                  2.8514  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               3,932                   2.8540  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,018                   2.8560  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               9,669                   2.8573  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               31,603                  2.8575  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               62,348                  2.8576  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               29,395                  2.8586  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               37,959                  2.8598  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               71,480                  2.8600  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               3,400                   2.8618  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               1,099                   2.8659  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               24,444                  2.8521  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               3,998                   2.8540  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               504                     2.8565  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               99,610                  2.8584  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,328                   2.8588  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               38,354                  2.8600  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               955                     2.8621  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,139                   2.8624  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               10,900                  2.8632  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               10,837                  2.8517  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               12,506                  2.8638  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               17,346                  2.8648  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               137                     2.8680  GBP
 10 10/11p ordinary  CFD                     Increasing Short               60,558                  2.8609  GBP
 10 10/11p ordinary  CFD                     Increasing Short               5,439                   2.8700  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:                                                                                06-May-25
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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