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

Direct Line InsuranceAnnouncement

20/06/2025 14:45

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RNS Number : 8231N  Barclays PLC  20 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:                                         19 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:                                                   35,171,351   2.68%        3,268,653    2.68%
 (2) Cash-settled derivatives:                                                                      3,566,321    0.27%        34,646,718   2.64%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    38,737,672   2.95%        37,915,371   5.32%

 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                85,975                         3.0521  GBP
 10 10/11p ordinary  Purchase                75,497                         3.0605  GBP
 10 10/11p ordinary  Purchase                64,023                         3.0467  GBP
 10 10/11p ordinary  Purchase                35,936                         3.0440  GBP
 10 10/11p ordinary  Purchase                33,606                         3.0519  GBP
 10 10/11p ordinary  Purchase                30,690                         3.0596  GBP
 10 10/11p ordinary  Purchase                19,181                         3.0586  GBP
 10 10/11p ordinary  Purchase                10,803                         3.0567  GBP
 10 10/11p ordinary  Purchase                8,961                          3.0545  GBP
 10 10/11p ordinary  Purchase                5,496                          3.0530  GBP
 10 10/11p ordinary  Purchase                2,408                          3.0600  GBP
 10 10/11p ordinary  Purchase                2,377                          3.0620  GBP
 10 10/11p ordinary  Purchase                1,894                          3.0546  GBP
 10 10/11p ordinary  Purchase                1,783                          3.0601  GBP
 10 10/11p ordinary  Purchase                1,310                          3.0480  GBP
 10 10/11p ordinary  Purchase                1,143                          3.0520  GBP
 10 10/11p ordinary  Purchase                1,081                          3.0500  GBP
 10 10/11p ordinary  Purchase                917                            3.0610  GBP
 10 10/11p ordinary  Purchase                819                            3.0630  GBP
 10 10/11p ordinary  Purchase                758                            3.0604  GBP
 10 10/11p ordinary  Sale                    88,081                         3.0439  GBP
 10 10/11p ordinary  Sale                    44,599                         3.0569  GBP
 10 10/11p ordinary  Sale                    35,771                         3.0471  GBP
 10 10/11p ordinary  Sale                    32,900                         3.0619  GBP
 10 10/11p ordinary  Sale                    29,777                         3.0582  GBP
 10 10/11p ordinary  Sale                    22,472                         3.0577  GBP
 10 10/11p ordinary  Sale                    17,053                         3.0584  GBP
 10 10/11p ordinary  Sale                    14,723                         3.0625  GBP
 10 10/11p ordinary  Sale                    14,257                         3.0517  GBP
 10 10/11p ordinary  Sale                    7,929                          3.0440  GBP
 10 10/11p ordinary  Sale                    7,083                          3.0548  GBP
 10 10/11p ordinary  Sale                    5,840                          3.0620  GBP
 10 10/11p ordinary  Sale                    5,119                          3.0506  GBP
 10 10/11p ordinary  Sale                    4,497                          3.0437  GBP
 10 10/11p ordinary  Sale                    3,279                          3.0624  GBP
 10 10/11p ordinary  Sale                    2,377                          3.0560  GBP
 10 10/11p ordinary  Sale                    1,816                          3.0600  GBP
 10 10/11p ordinary  Sale                    1,732                          3.0618  GBP
 10 10/11p ordinary  Sale                    989                            3.0500  GBP
 10 10/11p ordinary  Sale                    957                            3.0519  GBP
 10 10/11p ordinary  Sale                    889                            3.0593  GBP
 10 10/11p ordinary  Sale                    52                             3.0601  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               4,497                   3.0437  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               88,081                  3.0439  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               12,763                  3.0517  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,451                   3.0519  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               103                     3.0537  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               11,150                  3.0540  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               29,777                  3.0582  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               17,053                  3.0584  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               4,644                   3.0588  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               11,686                  3.0602  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               996                     3.0620  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               50,204                  3.0440  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,811                   3.0493  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,081                   3.0500  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               1,143                   3.0520  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               85,975                  3.0521  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               8,961                   3.0545  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               30,690                  3.0596  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,234                   3.0600  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               17,000                  3.0637  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               36,973                  3.0557  GBP
 10 10/11p ordinary  CFD                     Increasing Short               22,300                  3.0442  GBP
 10 10/11p ordinary  CFD                     Increasing Short               44,899                  3.0540  GBP
 10 10/11p ordinary  CFD                     Increasing Short               3,417                   3.0562  GBP
 10 10/11p ordinary  CFD                     Increasing Short               819                     3.0622  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:                                                                                20 Jun 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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