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RNS Number : 4511M Barclays PLC 11 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: 10 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: 43,425,654 3.31% 4,079,623 0.31%
(2) Cash-settled derivatives: 4,391,315 0.33% 42,713,881 3.26%
(3) Stock-settled derivatives (including options) and agreements to 0 0.00% 0 0.00%
purchase/sell:
47,816,969 3.65% 46,793,504 3.57%
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 38,693 3.0047 GBP
10 10/11p ordinary Purchase 36,655 3.0080 GBP
10 10/11p ordinary Purchase 35,380 3.0086 GBP
10 10/11p ordinary Purchase 21,267 3.0100 GBP
10 10/11p ordinary Purchase 15,509 3.0110 GBP
10 10/11p ordinary Purchase 7,945 3.0069 GBP
10 10/11p ordinary Purchase 3,993 3.0141 GBP
10 10/11p ordinary Purchase 1,940 3.0055 GBP
10 10/11p ordinary Purchase 1,482 3.0101 GBP
10 10/11p ordinary Purchase 1,362 3.0195 GBP
10 10/11p ordinary Purchase 176 3.0120 GBP
10 10/11p ordinary Purchase 6 3.0083 GBP
10 10/11p ordinary Sale 87,521 3.0079 GBP
10 10/11p ordinary Sale 71,812 3.0068 GBP
10 10/11p ordinary Sale 56,134 3.0059 GBP
10 10/11p ordinary Sale 32,221 3.0085 GBP
10 10/11p ordinary Sale 22,835 3.0067 GBP
10 10/11p ordinary Sale 21,267 3.0100 GBP
10 10/11p ordinary Sale 19,805 3.0097 GBP
10 10/11p ordinary Sale 13,257 3.0043 GBP
10 10/11p ordinary Sale 9,482 3.0081 GBP
10 10/11p ordinary Sale 6,467 3.0057 GBP
10 10/11p ordinary Sale 5,649 3.0029 GBP
10 10/11p ordinary Sale 1,468 3.0107 GBP
10 10/11p ordinary Sale 1,430 3.0140 GBP
10 10/11p ordinary Sale 818 3.0105 GBP
10 10/11p ordinary Sale 626 3.0020 GBP
10 10/11p ordinary Sale 352 3.0120 GBP
10 10/11p ordinary Sale 333 3.0015 GBP
10 10/11p ordinary Sale 332 3.0080 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 584 3.0020 GBP
10 10/11p ordinary SWAP Decreasing Short 5,649 3.0029 GBP
10 10/11p ordinary SWAP Decreasing Short 13,257 3.0043 GBP
10 10/11p ordinary SWAP Decreasing Short 48,964 3.0057 GBP
10 10/11p ordinary SWAP Decreasing Short 13,637 3.0065 GBP
10 10/11p ordinary SWAP Decreasing Short 22,835 3.0067 GBP
10 10/11p ordinary SWAP Decreasing Short 87,521 3.0079 GBP
10 10/11p ordinary SWAP Decreasing Short 35,131 3.0080 GBP
10 10/11p ordinary SWAP Decreasing Short 9,482 3.0081 GBP
10 10/11p ordinary SWAP Decreasing Short 1,550 3.0089 GBP
10 10/11p ordinary SWAP Decreasing Short 2,570 3.0096 GBP
10 10/11p ordinary SWAP Decreasing Short 176 3.0120 GBP
10 10/11p ordinary SWAP Increasing Short 38,693 3.0047 GBP
10 10/11p ordinary SWAP Increasing Short 1,940 3.0055 GBP
10 10/11p ordinary SWAP Increasing Short 7,945 3.0069 GBP
10 10/11p ordinary SWAP Increasing Short 481 3.0080 GBP
10 10/11p ordinary SWAP Increasing Short 35,380 3.0086 GBP
10 10/11p ordinary SWAP Increasing Short 1,482 3.0101 GBP
10 10/11p ordinary SWAP Increasing Short 608 3.0110 GBP
10 10/11p ordinary SWAP Increasing Short 873 3.0192 GBP
10 10/11p ordinary SWAP Increasing Short 489 3.0200 GBP
10 10/11p ordinary CFD Decreasing Short 14,594 3.0033 GBP
10 10/11p ordinary CFD Decreasing Short 3,430 3.0080 GBP
10 10/11p ordinary CFD Increasing Short 4,225 3.0160 GBP
10 10/11p ordinary SWAP Closing Short 19,805 3.0098 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: 11 Jun 2025
Contact name: Large Holdings Regulatory Operations
Telephone number: 020 3134 7213
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