Company Announcements

Form 8.3 DIRECT LINE INSURANCE GROUP PLC

Source: RNS
RNS Number : 6001F
Barclays PLC
22 April 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:

17 Apr 2025

(f)

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

YES:

 

 

 

disclosures in respect of any other party to the offer?

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:

 

 

36,835,059

2.81%

6,441,252

0.49%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

6,697,585

0.51%

35,980,790

2.74%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

43,532,644

3.32%

42,422,042

3.23%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

10 10/11p ordinary

Purchase

182,224

2.7392  GBP

10 10/11p ordinary

Purchase

159,279

2.7390  GBP

10 10/11p ordinary

Purchase

70,375

2.7384  GBP

10 10/11p ordinary

Purchase

32,225

2.7388  GBP

10 10/11p ordinary

Purchase

30,723

2.7435  GBP

10 10/11p ordinary

Purchase

25,196

2.7353  GBP

10 10/11p ordinary

Purchase

23,643

2.7395  GBP

10 10/11p ordinary

Purchase

17,100

2.7371  GBP

10 10/11p ordinary

Purchase

16,900

2.7346  GBP

10 10/11p ordinary

Purchase

12,078

2.7385  GBP

10 10/11p ordinary

Purchase

9,375

2.7347  GBP

10 10/11p ordinary

Purchase

9,359

2.7400  GBP

10 10/11p ordinary

Purchase

8,686

2.7466  GBP

10 10/11p ordinary

Purchase

5,373

2.7460  GBP

10 10/11p ordinary

Purchase

4,966

2.7306  GBP

10 10/11p ordinary

Purchase

4,636

2.7357  GBP

10 10/11p ordinary

Purchase

4,237

2.7492  GBP

10 10/11p ordinary

Purchase

4,210

2.7380  GBP

10 10/11p ordinary

Purchase

3,139

2.7375  GBP

10 10/11p ordinary

Purchase

3,043

2.7500  GBP

10 10/11p ordinary

Purchase

2,741

2.7446  GBP

10 10/11p ordinary

Purchase

2,400

2.7470  GBP

10 10/11p ordinary

Purchase

2,039

2.7440  GBP

10 10/11p ordinary

Purchase

1,451

2.7480  GBP

10 10/11p ordinary

Purchase

1,353

2.7312  GBP

10 10/11p ordinary

Purchase

1,063

2.7430  GBP

10 10/11p ordinary

Purchase

909

2.7415  GBP

10 10/11p ordinary

Purchase

906

2.7420  GBP

10 10/11p ordinary

Purchase

497

2.7402  GBP

10 10/11p ordinary

Purchase

354

2.7325  GBP

10 10/11p ordinary

Purchase

182

2.7309  GBP

10 10/11p ordinary

Purchase

5

2.7237  GBP

10 10/11p ordinary

Purchase

3

2.7277  GBP

10 10/11p ordinary

Sale

113,426

2.7382  GBP

10 10/11p ordinary

Sale

93,689

2.7396  GBP

10 10/11p ordinary

Sale

49,232

2.7399  GBP

10 10/11p ordinary

Sale

42,099

2.7344  GBP

10 10/11p ordinary

Sale

31,264

2.7392  GBP

10 10/11p ordinary

Sale

15,551

2.7368  GBP

10 10/11p ordinary

Sale

12,581

2.7398  GBP

10 10/11p ordinary

Sale

11,674

2.7406  GBP

10 10/11p ordinary

Sale

8,953

2.7341  GBP

10 10/11p ordinary

Sale

7,451

2.7407  GBP

10 10/11p ordinary

Sale

7,003

2.7374  GBP

10 10/11p ordinary

Sale

6,643

2.7416  GBP

10 10/11p ordinary

Sale

5,708

2.7365  GBP

10 10/11p ordinary

Sale

5,344

2.7400  GBP

10 10/11p ordinary

Sale

3,344

2.7402  GBP

10 10/11p ordinary

Sale

2,276

2.7380  GBP

10 10/11p ordinary

Sale

2,214

2.7462  GBP

10 10/11p ordinary

Sale

2,112

2.7390  GBP

10 10/11p ordinary

Sale

2,050

2.7340  GBP

10 10/11p ordinary

Sale

2,039

2.7440  GBP

10 10/11p ordinary

Sale

1,996

2.7267  GBP

10 10/11p ordinary

Sale

1,397

2.7364  GBP

10 10/11p ordinary

Sale

1,256

2.7360  GBP

10 10/11p ordinary

Sale

1,204

2.7369  GBP

10 10/11p ordinary

Sale

1,190

2.7480  GBP

10 10/11p ordinary

Sale

1,153

2.7460  GBP

10 10/11p ordinary

Sale

1,063

2.7430  GBP

10 10/11p ordinary

Sale

906

2.7420  GBP

10 10/11p ordinary

Sale

488

2.7300  GBP

10 10/11p ordinary

Sale

448

2.7483  GBP

10 10/11p ordinary

Sale

409

2.7479  GBP

10 10/11p ordinary

Sale

394

2.7318  GBP

10 10/11p ordinary

Sale

300

2.7293  GBP

10 10/11p ordinary

Sale

182

2.7311  GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

10 10/11p ordinary

SWAP

Decreasing Short

160

2.7259  GBP

10 10/11p ordinary

SWAP

Decreasing Short

488

2.7300  GBP

10 10/11p ordinary

SWAP

Decreasing Short

888

2.7313  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,953

2.7341  GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,551

2.7368  GBP

10 10/11p ordinary

SWAP

Decreasing Short

49,232

2.7399  GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,799

2.7402  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,451

2.7407  GBP

10 10/11p ordinary

SWAP

Increasing Short

248

2.7320  GBP

10 10/11p ordinary

SWAP

Increasing Short

16,900

2.7346  GBP

10 10/11p ordinary

SWAP

Increasing Short

25,196

2.7353  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,133

2.7380  GBP

10 10/11p ordinary

SWAP

Increasing Short

60,613

2.7400  GBP

10 10/11p ordinary

SWAP

Increasing Short

497

2.7402  GBP

10 10/11p ordinary

SWAP

Increasing Short

13,100

2.7415  GBP

10 10/11p ordinary

SWAP

Increasing Short

30,723

2.7435  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,413

2.7440  GBP

10 10/11p ordinary

SWAP

Increasing Short

10,494

2.7450  GBP

10 10/11p ordinary

CFD

Decreasing Short

11,234

2.7343  GBP

10 10/11p ordinary

CFD

Increasing Short

8,006

2.7352  GBP

10 10/11p ordinary

CFD

Increasing Short

9,216

2.7376  GBP

10 10/11p ordinary

CFD

Increasing Short

96,180

2.7381  GBP

10 10/11p ordinary

CFD

Increasing Short

18,627

2.7442  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 exempt principal trader 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:

22 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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