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

Direct Line InsuranceAnnouncement

27/05/2025 12:00

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RNS Number : 2390K  Barclays PLC  27 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:                                         23 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:                                                   40,413,049   3.08%        4,229,458    0.32%
 (2) Cash-settled derivatives:                                                                      4,669,718    0.36%        39,675,094   3.03%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    45,082,767   3.44%        43,904,552   3.35%

 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                133,031                        2.9990  GBP
 10 10/11p ordinary  Purchase                68,737                         2.9921  GBP
 10 10/11p ordinary  Purchase                49,573                         3.0200  GBP
 10 10/11p ordinary  Purchase                18,524                         2.9878  GBP
 10 10/11p ordinary  Purchase                13,107                         2.9862  GBP
 10 10/11p ordinary  Purchase                6,816                          2.9870  GBP
 ADR                 Purchase                4,000                          16.0500  USD
 10 10/11p ordinary  Purchase                2,575                          2.9946  GBP
 10 10/11p ordinary  Purchase                2,458                          2.9994  GBP
 10 10/11p ordinary  Purchase                1,995                          2.9690  GBP
 10 10/11p ordinary  Purchase                1,510                          2.9880  GBP
 10 10/11p ordinary  Purchase                1,500                          2.9687  GBP
 10 10/11p ordinary  Purchase                920                            2.9800  GBP
 10 10/11p ordinary  Purchase                785                            2.9830  GBP
 10 10/11p ordinary  Purchase                527                            2.9940  GBP
 10 10/11p ordinary  Purchase                338                            2.9860  GBP
 10 10/11p ordinary  Purchase                281                            3.0020  GBP
 10 10/11p ordinary  Purchase                142                            2.9980  GBP
 10 10/11p ordinary  Sale                    82,184                         3.0080  GBP
 10 10/11p ordinary  Sale                    48,338                         3.0199  GBP
 10 10/11p ordinary  Sale                    43,914                         2.9778  GBP
 10 10/11p ordinary  Sale                    31,861                         3.0118  GBP
 10 10/11p ordinary  Sale                    24,900                         2.9743  GBP
 10 10/11p ordinary  Sale                    17,970                         2.9767  GBP
 10 10/11p ordinary  Sale                    14,159                         3.0200  GBP
 10 10/11p ordinary  Sale                    9,554                          2.9721  GBP
 10 10/11p ordinary  Sale                    4,754                          3.0101  GBP
 ADR                 Sale                    4,000                          16.0500  USD
 10 10/11p ordinary  Sale                    3,249                          2.9992  GBP
 10 10/11p ordinary  Sale                    3,152                          2.9945  GBP
 10 10/11p ordinary  Sale                    3,131                          2.9906  GBP
 10 10/11p ordinary  Sale                    2,917                          2.9937  GBP
 10 10/11p ordinary  Sale                    2,675                          2.9956  GBP
 10 10/11p ordinary  Sale                    2,473                          2.9932  GBP
 10 10/11p ordinary  Sale                    2,384                          2.9940  GBP
 10 10/11p ordinary  Sale                    1,845                          2.9973  GBP
 10 10/11p ordinary  Sale                    946                            2.9627  GBP
 10 10/11p ordinary  Sale                    796                            2.9860  GBP
 10 10/11p ordinary  Sale                    43                             2.9879  GBP
 10 10/11p ordinary  Sale                    27                             2.9990  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               4,243                   2.9679  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               24,900                  2.9743  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,926                   2.9746  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               17,970                  2.9767  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               43,914                  2.9778  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               43                      2.9879  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,473                   2.9932  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               48,338                  3.0199  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               70,694                  3.0200  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               500                     2.9620  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,995                   2.9689  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,000                   2.9720  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               6,816                   2.9870  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,360                   2.9880  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               142                     2.9980  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               133,031                 2.9990  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,458                   2.9994  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               7,400                   3.0157  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               1,849                   2.9738  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               2,477                   2.9857  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               1,523                   2.9859  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               3,152                   2.9944  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               1,845                   2.9973  GBP
 10 10/11p ordinary  CFD                     Increasing Short               19,444                  2.9875  GBP
 10 10/11p ordinary  CFD                     Increasing Short               46,628                  2.9878  GBP
 10 10/11p ordinary  CFD                     Increasing Short               13,355                  2.9940  GBP
 10 10/11p ordinary  CFD                     Increasing Short               1,124                   3.0054  GBP
 10 10/11p ordinary  CFD                     Increasing Short               3,703                   3.0200  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:                                                                                27 May 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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