Form 8.3 DIRECT LINE INSURANCE GROUP PLC
Source: RNS
FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
17 Apr 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
AVIVA PLC |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
10 10/11p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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36,835,059 |
2.81% |
6,441,252 |
0.49% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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6,697,585 |
0.51% |
35,980,790 |
2.74% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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43,532,644 |
3.32% |
42,422,042 |
3.23% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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10 10/11p ordinary |
Purchase |
182,224 |
2.7392 GBP |
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10 10/11p ordinary |
Purchase |
159,279 |
2.7390 GBP |
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10 10/11p ordinary |
Purchase |
70,375 |
2.7384 GBP |
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10 10/11p ordinary |
Purchase |
32,225 |
2.7388 GBP |
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10 10/11p ordinary |
Purchase |
30,723 |
2.7435 GBP |
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10 10/11p ordinary |
Purchase |
25,196 |
2.7353 GBP |
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10 10/11p ordinary |
Purchase |
23,643 |
2.7395 GBP |
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10 10/11p ordinary |
Purchase |
17,100 |
2.7371 GBP |
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10 10/11p ordinary |
Purchase |
16,900 |
2.7346 GBP |
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10 10/11p ordinary |
Purchase |
12,078 |
2.7385 GBP |
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10 10/11p ordinary |
Purchase |
9,375 |
2.7347 GBP |
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10 10/11p ordinary |
Purchase |
9,359 |
2.7400 GBP |
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10 10/11p ordinary |
Purchase |
8,686 |
2.7466 GBP |
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10 10/11p ordinary |
Purchase |
5,373 |
2.7460 GBP |
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10 10/11p ordinary |
Purchase |
4,966 |
2.7306 GBP |
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10 10/11p ordinary |
Purchase |
4,636 |
2.7357 GBP |
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10 10/11p ordinary |
Purchase |
4,237 |
2.7492 GBP |
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10 10/11p ordinary |
Purchase |
4,210 |
2.7380 GBP |
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10 10/11p ordinary |
Purchase |
3,139 |
2.7375 GBP |
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10 10/11p ordinary |
Purchase |
3,043 |
2.7500 GBP |
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10 10/11p ordinary |
Purchase |
2,741 |
2.7446 GBP |
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10 10/11p ordinary |
Purchase |
2,400 |
2.7470 GBP |
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10 10/11p ordinary |
Purchase |
2,039 |
2.7440 GBP |
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10 10/11p ordinary |
Purchase |
1,451 |
2.7480 GBP |
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10 10/11p ordinary |
Purchase |
1,353 |
2.7312 GBP |
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10 10/11p ordinary |
Purchase |
1,063 |
2.7430 GBP |
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10 10/11p ordinary |
Purchase |
909 |
2.7415 GBP |
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10 10/11p ordinary |
Purchase |
906 |
2.7420 GBP |
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10 10/11p ordinary |
Purchase |
497 |
2.7402 GBP |
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10 10/11p ordinary |
Purchase |
354 |
2.7325 GBP |
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10 10/11p ordinary |
Purchase |
182 |
2.7309 GBP |
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10 10/11p ordinary |
Purchase |
5 |
2.7237 GBP |
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10 10/11p ordinary |
Purchase |
3 |
2.7277 GBP |
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10 10/11p ordinary |
Sale |
113,426 |
2.7382 GBP |
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10 10/11p ordinary |
Sale |
93,689 |
2.7396 GBP |
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10 10/11p ordinary |
Sale |
49,232 |
2.7399 GBP |
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10 10/11p ordinary |
Sale |
42,099 |
2.7344 GBP |
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10 10/11p ordinary |
Sale |
31,264 |
2.7392 GBP |
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10 10/11p ordinary |
Sale |
15,551 |
2.7368 GBP |
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10 10/11p ordinary |
Sale |
12,581 |
2.7398 GBP |
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10 10/11p ordinary |
Sale |
11,674 |
2.7406 GBP |
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10 10/11p ordinary |
Sale |
8,953 |
2.7341 GBP |
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10 10/11p ordinary |
Sale |
7,451 |
2.7407 GBP |
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10 10/11p ordinary |
Sale |
7,003 |
2.7374 GBP |
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10 10/11p ordinary |
Sale |
6,643 |
2.7416 GBP |
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10 10/11p ordinary |
Sale |
5,708 |
2.7365 GBP |
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10 10/11p ordinary |
Sale |
5,344 |
2.7400 GBP |
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10 10/11p ordinary |
Sale |
3,344 |
2.7402 GBP |
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10 10/11p ordinary |
Sale |
2,276 |
2.7380 GBP |
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10 10/11p ordinary |
Sale |
2,214 |
2.7462 GBP |
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10 10/11p ordinary |
Sale |
2,112 |
2.7390 GBP |
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10 10/11p ordinary |
Sale |
2,050 |
2.7340 GBP |
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10 10/11p ordinary |
Sale |
2,039 |
2.7440 GBP |
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10 10/11p ordinary |
Sale |
1,996 |
2.7267 GBP |
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10 10/11p ordinary |
Sale |
1,397 |
2.7364 GBP |
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10 10/11p ordinary |
Sale |
1,256 |
2.7360 GBP |
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10 10/11p ordinary |
Sale |
1,204 |
2.7369 GBP |
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10 10/11p ordinary |
Sale |
1,190 |
2.7480 GBP |
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10 10/11p ordinary |
Sale |
1,153 |
2.7460 GBP |
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10 10/11p ordinary |
Sale |
1,063 |
2.7430 GBP |
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10 10/11p ordinary |
Sale |
906 |
2.7420 GBP |
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10 10/11p ordinary |
Sale |
488 |
2.7300 GBP |
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10 10/11p ordinary |
Sale |
448 |
2.7483 GBP |
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10 10/11p ordinary |
Sale |
409 |
2.7479 GBP |
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10 10/11p ordinary |
Sale |
394 |
2.7318 GBP |
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10 10/11p ordinary |
Sale |
300 |
2.7293 GBP |
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10 10/11p ordinary |
Sale |
182 |
2.7311 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
160 |
2.7259 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
488 |
2.7300 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
888 |
2.7313 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
8,953 |
2.7341 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
15,551 |
2.7368 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
49,232 |
2.7399 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
12,799 |
2.7402 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,451 |
2.7407 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
248 |
2.7320 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
16,900 |
2.7346 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
25,196 |
2.7353 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,133 |
2.7380 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
60,613 |
2.7400 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
497 |
2.7402 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
13,100 |
2.7415 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
30,723 |
2.7435 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
15,413 |
2.7440 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
10,494 |
2.7450 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
11,234 |
2.7343 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
8,006 |
2.7352 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
9,216 |
2.7376 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
96,180 |
2.7381 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
18,627 |
2.7442 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
22 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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