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

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RNS Number : 6398M  Barclays PLC  12 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:                                         11 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:                                                   43,481,214   3.32%        4,065,533    0.31%
 (2) Cash-settled derivatives:                                                                      4,388,432    0.33%        42,768,349   3.26%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    47,869,646   3.65%        46,833,882   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                109,331                        3.0047  GBP
 10 10/11p ordinary  Purchase                40,559                         3.0040  GBP
 10 10/11p ordinary  Purchase                36,903                         3.0068  GBP
 10 10/11p ordinary  Purchase                20,838                         3.0042  GBP
 10 10/11p ordinary  Purchase                16,270                         3.0124  GBP
 ADR                 Purchase                14,480                         16.2371  USD
 10 10/11p ordinary  Purchase                10,394                         3.0061  GBP
 10 10/11p ordinary  Purchase                7,081                          3.0122  GBP
 10 10/11p ordinary  Purchase                6,426                          3.0046  GBP
 10 10/11p ordinary  Purchase                3,079                          3.0125  GBP
 10 10/11p ordinary  Purchase                2,954                          3.0132  GBP
 10 10/11p ordinary  Purchase                2,454                          3.0060  GBP
 10 10/11p ordinary  Purchase                2,273                          3.0062  GBP
 10 10/11p ordinary  Purchase                2,240                          3.0045  GBP
 10 10/11p ordinary  Purchase                1,989                          3.0050  GBP
 10 10/11p ordinary  Purchase                1,940                          3.0087  GBP
 10 10/11p ordinary  Purchase                1,560                          3.0080  GBP
 10 10/11p ordinary  Purchase                1,315                          3.0056  GBP
 10 10/11p ordinary  Purchase                1,040                          3.0120  GBP
 10 10/11p ordinary  Purchase                795                            3.0076  GBP
 10 10/11p ordinary  Purchase                368                            3.0039  GBP
 10 10/11p ordinary  Purchase                48                             2.9839  GBP
 10 10/11p ordinary  Sale                    77,639                         3.0043  GBP
 10 10/11p ordinary  Sale                    24,874                         3.0040  GBP
 10 10/11p ordinary  Sale                    20,649                         3.0047  GBP
 ADR                 Sale                    14,480                         16.2371  USD
 10 10/11p ordinary  Sale                    13,658                         3.0045  GBP
 10 10/11p ordinary  Sale                    13,194                         3.0068  GBP
 10 10/11p ordinary  Sale                    13,114                         3.0125  GBP
 10 10/11p ordinary  Sale                    10,000                         3.0063  GBP
 10 10/11p ordinary  Sale                    8,059                          3.0030  GBP
 10 10/11p ordinary  Sale                    7,719                          3.0037  GBP
 10 10/11p ordinary  Sale                    3,665                          3.0042  GBP
 10 10/11p ordinary  Sale                    3,090                          3.0044  GBP
 10 10/11p ordinary  Sale                    2,219                          3.0080  GBP
 10 10/11p ordinary  Sale                    1,112                          3.0051  GBP
 10 10/11p ordinary  Sale                    780                            3.0050  GBP
 10 10/11p ordinary  Sale                    398                            3.0120  GBP
 10 10/11p ordinary  Sale                    37                             3.0054  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               5,268                   3.0029  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,791                   3.0031  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               7,719                   3.0037  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,342                   3.0040  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               3,665                   3.0042  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,639                   3.0045  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               20,649                  3.0047  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               73                      3.0049  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               5,748                   3.0054  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               10,000                  3.0063  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               677                     3.0080  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               48                      2.9840  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               27,091                  3.0039  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               43,816                  3.0040  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,240                   3.0045  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,315                   3.0056  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               10,394                  3.0061  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,273                   3.0062  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               35,528                  3.0068  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               7,297                   3.0032  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               7,183                   3.0033  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               3,911                   3.0066  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               1,958                   3.0078  GBP
 10 10/11p ordinary  CFD                     Increasing Short               6,943                   3.0042  GBP
 10 10/11p ordinary  CFD                     Increasing Short               9,623                   3.0090  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:                                                                                12 Jun 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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