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RNS Number : 6989L Barclays PLC 05 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: 04 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: 43,554,420 3.32% 3,798,300 0.28%
(2) Cash-settled derivatives: 4,107,854 0.31% 42,827,754 3.27%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
47,662,274 3.63% 46,626,054 3.55%
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 500,000 2.9923 GBP
10 10/11p ordinary Purchase 173,783 2.9900 GBP
10 10/11p ordinary Purchase 122,218 3.0018 GBP
10 10/11p ordinary Purchase 65,827 2.9991 GBP
10 10/11p ordinary Purchase 50,684 2.9927 GBP
10 10/11p ordinary Purchase 48,700 3.0008 GBP
10 10/11p ordinary Purchase 33,800 2.9966 GBP
10 10/11p ordinary Purchase 30,722 3.0033 GBP
10 10/11p ordinary Purchase 18,864 2.9967 GBP
10 10/11p ordinary Purchase 11,899 2.9897 GBP
10 10/11p ordinary Purchase 7,009 3.0020 GBP
10 10/11p ordinary Purchase 4,557 2.9920 GBP
10 10/11p ordinary Purchase 4,544 3.0000 GBP
10 10/11p ordinary Purchase 4,124 3.0028 GBP
10 10/11p ordinary Purchase 3,792 3.0010 GBP
10 10/11p ordinary Purchase 3,719 2.9997 GBP
10 10/11p ordinary Purchase 3,016 3.0007 GBP
10 10/11p ordinary Purchase 2,788 3.0060 GBP
10 10/11p ordinary Purchase 2,489 3.0054 GBP
10 10/11p ordinary Purchase 1,970 3.0030 GBP
10 10/11p ordinary Purchase 1,745 2.9960 GBP
10 10/11p ordinary Purchase 1,348 2.9942 GBP
10 10/11p ordinary Purchase 980 3.0115 GBP
10 10/11p ordinary Purchase 920 2.9899 GBP
10 10/11p ordinary Sale 92,610 2.9912 GBP
10 10/11p ordinary Sale 56,436 2.9913 GBP
10 10/11p ordinary Sale 33,594 3.0006 GBP
10 10/11p ordinary Sale 24,874 2.9989 GBP
10 10/11p ordinary Sale 18,312 2.9900 GBP
10 10/11p ordinary Sale 15,198 2.9920 GBP
10 10/11p ordinary Sale 13,311 2.9998 GBP
10 10/11p ordinary Sale 13,249 2.9994 GBP
10 10/11p ordinary Sale 9,049 2.9996 GBP
10 10/11p ordinary Sale 8,002 3.0051 GBP
10 10/11p ordinary Sale 7,948 3.0084 GBP
10 10/11p ordinary Sale 6,172 2.9986 GBP
10 10/11p ordinary Sale 3,200 2.9917 GBP
10 10/11p ordinary Sale 2,776 2.9899 GBP
10 10/11p ordinary Sale 2,679 2.9928 GBP
10 10/11p ordinary Sale 2,316 3.0100 GBP
10 10/11p ordinary Sale 1,559 2.9940 GBP
10 10/11p ordinary Sale 1,247 3.0080 GBP
10 10/11p ordinary Sale 856 2.9980 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 2,776 2.9899 GBP
10 10/11p ordinary SWAP Decreasing Short 15,066 2.9900 GBP
10 10/11p ordinary SWAP Decreasing Short 10,482 2.9910 GBP
10 10/11p ordinary SWAP Decreasing Short 3,200 2.9917 GBP
10 10/11p ordinary SWAP Decreasing Short 357 2.9939 GBP
10 10/11p ordinary SWAP Decreasing Short 6,172 2.9986 GBP
10 10/11p ordinary SWAP Decreasing Short 24,517 2.9989 GBP
10 10/11p ordinary SWAP Decreasing Short 8,002 3.0051 GBP
10 10/11p ordinary SWAP Decreasing Short 1,247 3.0080 GBP
10 10/11p ordinary SWAP Decreasing Short 7,948 3.0084 GBP
10 10/11p ordinary SWAP Increasing Short 16,038 2.9900 GBP
10 10/11p ordinary SWAP Increasing Short 500,000 2.9923 GBP
10 10/11p ordinary SWAP Increasing Short 1,348 2.9942 GBP
10 10/11p ordinary SWAP Increasing Short 43,163 2.9958 GBP
10 10/11p ordinary SWAP Increasing Short 18,864 2.9967 GBP
10 10/11p ordinary SWAP Increasing Short 4,094 2.9976 GBP
10 10/11p ordinary SWAP Increasing Short 5,050 2.9987 GBP
10 10/11p ordinary SWAP Increasing Short 145,449 2.9991 GBP
10 10/11p ordinary SWAP Increasing Short 5,097 3.0004 GBP
10 10/11p ordinary SWAP Increasing Short 278 3.0010 GBP
10 10/11p ordinary SWAP Increasing Short 1,237 3.0020 GBP
10 10/11p ordinary SWAP Increasing Short 2,788 3.0060 GBP
10 10/11p ordinary SWAP Increasing Short 980 3.0100 GBP
10 10/11p ordinary SWAP Increasing Short 17 3.0400 GBP
10 10/11p ordinary CFD Decreasing Short 10,230 2.9920 GBP
10 10/11p ordinary CFD Decreasing Short 2,679 2.9927 GBP
10 10/11p ordinary CFD Decreasing Short 6,103 3.0034 GBP
10 10/11p ordinary CFD Increasing Short 8,437 2.9900 GBP
10 10/11p ordinary CFD Increasing Short 2,051 2.9981 GBP
10 10/11p ordinary CFD Increasing Short 34,658 3.0034 GBP
10 10/11p ordinary CFD Increasing Short 8,112 3.0043 GBP
10 10/11p ordinary CFD Increasing Short 76,346 3.0046 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: 05 Jun 2025
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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