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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

  • 06 May 2025 23:12:38
  • Source: Sharecast
RNS Number : 5466H
Barclays PLC
06 May 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

 relevant securities this form relates:

DIRECT LINE INSURANCE GROUP PLC

(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:

02 May 2025

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

YES:
 AVIVA PLC

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:

39,381,359

3.00%

6,230,082

0.47%

(2) Cash-settled derivatives:

6,527,054

0.50%

38,710,901

2.95%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

45,908,413

3.50%

44,940,983

3.42%

(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

 security

Purchase/sale

Number of

 securities

Price per unit

10 10/11p ordinary

Purchase

193,818

2.8593  GBP

10 10/11p ordinary

Purchase

24,444

2.8521  GBP

10 10/11p ordinary

Purchase

11,662

2.8578  GBP

10 10/11p ordinary

Purchase

11,626

2.8500  GBP

10 10/11p ordinary

Purchase

10,900

2.8632  GBP

10 10/11p ordinary

Purchase

9,033

2.8700  GBP

10 10/11p ordinary

Purchase

4,328

2.8588  GBP

10 10/11p ordinary

Purchase

2,343

2.8620  GBP

10 10/11p ordinary

Purchase

2,256

2.8600  GBP

10 10/11p ordinary

Purchase

1,716

2.8480  GBP

10 10/11p ordinary

Purchase

1,244

2.8624  GBP

10 10/11p ordinary

Purchase

955

2.8621  GBP

10 10/11p ordinary

Purchase

550

2.8580  GBP

10 10/11p ordinary

Purchase

504

2.8565  GBP

10 10/11p ordinary

Purchase

393

2.8660  GBP

10 10/11p ordinary

Purchase

282

2.8640  GBP

10 10/11p ordinary

Purchase

137

2.8680  GBP

10 10/11p ordinary

Purchase

66

2.8540  GBP

10 10/11p ordinary

Purchase

13

2.8560  GBP

10 10/11p ordinary

Sale

96,740

2.8512  GBP

10 10/11p ordinary

Sale

73,983

2.8600  GBP

10 10/11p ordinary

Sale

62,348

2.8576  GBP

10 10/11p ordinary

Sale

44,992

2.8602  GBP

10 10/11p ordinary

Sale

40,133

2.8604  GBP

10 10/11p ordinary

Sale

31,603

2.8575  GBP

10 10/11p ordinary

Sale

29,395

2.8586  GBP

10 10/11p ordinary

Sale

16,131

2.8613  GBP

10 10/11p ordinary

Sale

8,500

2.8555  GBP

10 10/11p ordinary

Sale

5,306

2.8560  GBP

10 10/11p ordinary

Sale

4,370

2.8553  GBP

10 10/11p ordinary

Sale

3,594

2.8700  GBP

10 10/11p ordinary

Sale

3,253

2.8534  GBP

10 10/11p ordinary

Sale

3,092

2.8480  GBP

10 10/11p ordinary

Sale

2,686

2.8652  GBP

10 10/11p ordinary

Sale

836

2.8490  GBP

10 10/11p ordinary

Sale

550

2.8580  GBP

10 10/11p ordinary

Sale

376

2.8660  GBP

10 10/11p ordinary

Sale

357

2.8500  GBP

10 10/11p ordinary

Sale

282

2.8640  GBP

10 10/11p ordinary

Sale

274

2.8680  GBP

10 10/11p ordinary

Sale

17

2.8662  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10 10/11p ordinary

SWAP

Decreasing Short

17,611

2.8504  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,100

2.8513  GBP

10 10/11p ordinary

SWAP

Decreasing Short

79,129

2.8514  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,932

2.8540  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,018

2.8560  GBP

10 10/11p ordinary

SWAP

Decreasing Short

9,669

2.8573  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,603

2.8575  GBP

10 10/11p ordinary

SWAP

Decreasing Short

62,348

2.8576  GBP

10 10/11p ordinary

SWAP

Decreasing Short

29,395

2.8586  GBP

10 10/11p ordinary

SWAP

Decreasing Short

37,959

2.8598  GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,480

2.8600  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,400

2.8618  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,099

2.8659  GBP

10 10/11p ordinary

SWAP

Increasing Short

24,444

2.8521  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,998

2.8540  GBP

10 10/11p ordinary

SWAP

Increasing Short

504

2.8565  GBP

10 10/11p ordinary

SWAP

Increasing Short

99,610

2.8584  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,328

2.8588  GBP

10 10/11p ordinary

SWAP

Increasing Short

38,354

2.8600  GBP

10 10/11p ordinary

SWAP

Increasing Short

955

2.8621  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,139

2.8624  GBP

10 10/11p ordinary

SWAP

Increasing Short

10,900

2.8632  GBP

10 10/11p ordinary

CFD

Decreasing Short

10,837

2.8517  GBP

10 10/11p ordinary

CFD

Decreasing Short

12,506

2.8638  GBP

10 10/11p ordinary

CFD

Decreasing Short

17,346

2.8648  GBP

10 10/11p ordinary

CFD

Decreasing Short

137

2.8680  GBP

10 10/11p ordinary

CFD

Increasing Short

60,558

2.8609  GBP

10 10/11p ordinary

CFD

Increasing Short

5,439

2.8700  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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:

06-May-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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