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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 : 2290O  Barclays PLC  24 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:                                         23 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:                                                   35,676,737   2.72%        2,550,451    0.19%
 (2) Cash-settled derivatives:                                                                      2,828,554    0.22%        35,148,011   2.68%
 (3) Stock-settled derivatives (including options) and agreements to                                0            0.00%        0            0.00%
 purchase/sell:
                                                                                                    38,505,291   2.94%        37,698,462   2.87%

 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                1,116,915                      3.0620  GBP
 10 10/11p ordinary  Purchase                85,482                         3.0639  GBP
 10 10/11p ordinary  Purchase                34,533                         3.0644  GBP
 10 10/11p ordinary  Purchase                18,674                         3.0672  GBP
 10 10/11p ordinary  Purchase                16,838                         3.0654  GBP
 10 10/11p ordinary  Purchase                15,393                         3.0628  GBP
 10 10/11p ordinary  Purchase                9,917                          3.0692  GBP
 10 10/11p ordinary  Purchase                8,851                          3.0641  GBP
 10 10/11p ordinary  Purchase                4,691                          3.0671  GBP
 10 10/11p ordinary  Purchase                3,066                          3.0640  GBP
 10 10/11p ordinary  Purchase                2,875                          3.0642  GBP
 10 10/11p ordinary  Purchase                2,411                          3.0686  GBP
 10 10/11p ordinary  Purchase                2,331                          3.0645  GBP
 10 10/11p ordinary  Purchase                2,173                          3.0700  GBP
 10 10/11p ordinary  Purchase                1,451                          3.0638  GBP
 10 10/11p ordinary  Purchase                1,187                          3.0720  GBP
 10 10/11p ordinary  Purchase                883                            3.0678  GBP
 10 10/11p ordinary  Purchase                667                            3.0660  GBP
 10 10/11p ordinary  Purchase                332                            3.0600  GBP
 10 10/11p ordinary  Sale                    1,147,287                      3.0620  GBP
 10 10/11p ordinary  Sale                    79,146                         3.0641  GBP
 10 10/11p ordinary  Sale                    52,614                         3.0629  GBP
 10 10/11p ordinary  Sale                    29,737                         3.0655  GBP
 10 10/11p ordinary  Sale                    12,299                         3.0640  GBP
 10 10/11p ordinary  Sale                    12,293                         3.0668  GBP
 10 10/11p ordinary  Sale                    11,552                         3.0665  GBP
 10 10/11p ordinary  Sale                    5,554                          3.0581  GBP
 10 10/11p ordinary  Sale                    3,977                          3.0638  GBP
 10 10/11p ordinary  Sale                    3,128                          3.0715  GBP
 10 10/11p ordinary  Sale                    2,973                          3.0700  GBP
 10 10/11p ordinary  Sale                    2,910                          3.0653  GBP
 10 10/11p ordinary  Sale                    2,895                          3.0769  GBP
 10 10/11p ordinary  Sale                    2,500                          3.0659  GBP
 10 10/11p ordinary  Sale                    1,850                          3.0673  GBP
 10 10/11p ordinary  Sale                    1,835                          3.0651  GBP
 10 10/11p ordinary  Sale                    1,124                          3.0614  GBP
 10 10/11p ordinary  Sale                    623                            3.0630  GBP
 10 10/11p ordinary  Sale                    121                            3.0690  GBP
 10 10/11p ordinary  Sale                    68                             3.0722  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               5,554                   3.0581  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               653,002                 3.0620  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               79,146                  3.0641  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,910                   3.0653  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               7,880                   3.0656  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               522                     3.0658  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               3,557                   3.0659  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               11,552                  3.0665  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               14,681                  3.0668  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               1,850                   3.0673  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               121                     3.0690  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               3,128                   3.0715  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               68                      3.0722  GBP
 10 10/11p ordinary  SWAP                    Decreasing Short               2,895                   3.0769  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,308                   3.0617  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               582,011                 3.0620  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               85,482                  3.0639  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,875                   3.0642  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               13,843                  3.0672  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               4,427                   3.0688  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               2,199                   3.0691  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               5,490                   3.0695  GBP
 10 10/11p ordinary  SWAP                    Increasing Short               454                     3.0700  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               1,344                   3.0620  GBP
 10 10/11p ordinary  CFD                     Decreasing Short               13,765                  3.0647  GBP
 10 10/11p ordinary  CFD                     Increasing Short               13,094                  3.0639  GBP
 10 10/11p ordinary  CFD                     Increasing Short               25,425                  3.0650  GBP
 10 10/11p ordinary  CFD                     Increasing Short               12,014                  3.0651  GBP
 10 10/11p ordinary  CFD                     Increasing Short               15,274                  3.0653  GBP
 10 10/11p ordinary  CFD                     Increasing Short               739                     3.0662  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:                                                                                24 Jun 2025
 Contact name:                                                                                      Large Holdings Regulatory Operations
 Telephone number:                                                                                  020 3134 7213

 

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