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Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

20th Jan 2025 14:25

RNS Number : 9989T
Barclays PLC
20 January 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:

17 Jan 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:

12,100,333

0.92%

12,734,573

0.97%

(2) Cash-settled derivatives:

13,438,906

1.02%

11,947,441

0.91%

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

0

0.00%

0

0.00%

TOTAL: 

25,539,239

1.95%

24,682,014

1.88%

 

Class of relevant security:

Restricted Tier 1 Note XS1728036366

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

200,000

0.06%

0

0.00%

(2) Cash-settled derivatives:

0

0.00%

0

0.00%

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

0

0.00%

0

0.00%

TOTAL: 

200,000

0.06%

0

0.00%

 

(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

1,026,330

2.6276 GBP

10 10/11p ordinary

Purchase

579,427

2.6251 GBP

10 10/11p ordinary

Purchase

274,735

2.6180 GBP

10 10/11p ordinary

Purchase

188,194

2.6172 GBP

10 10/11p ordinary

Purchase

180,000

2.6213 GBP

10 10/11p ordinary

Purchase

76,242

2.6259 GBP

10 10/11p ordinary

Purchase

49,939

2.6210 GBP

10 10/11p ordinary

Purchase

45,494

2.6255 GBP

10 10/11p ordinary

Purchase

29,518

2.6239 GBP

10 10/11p ordinary

Purchase

26,354

2.6245 GBP

10 10/11p ordinary

Purchase

22,564

2.6225 GBP

10 10/11p ordinary

Purchase

20,688

2.6266 GBP

10 10/11p ordinary

Purchase

14,298

2.6220 GBP

10 10/11p ordinary

Purchase

7,897

2.6240 GBP

10 10/11p ordinary

Purchase

7,157

2.6202 GBP

10 10/11p ordinary

Purchase

7,123

2.6166 GBP

10 10/11p ordinary

Purchase

4,074

2.6150 GBP

10 10/11p ordinary

Purchase

3,180

2.6200 GBP

10 10/11p ordinary

Purchase

1,578

2.6223 GBP

10 10/11p ordinary

Purchase

1,238

2.6222 GBP

10 10/11p ordinary

Purchase

656

2.6340 GBP

10 10/11p ordinary

Purchase

420

2.6300 GBP

10 10/11p ordinary

Purchase

163

2.5860 GBP

10 10/11p ordinary

Purchase

112

2.6320 GBP

10 10/11p ordinary

Sale

369,184

2.6256 GBP

10 10/11p ordinary

Sale

111,580

2.6224 GBP

10 10/11p ordinary

Sale

100,035

2.6180 GBP

10 10/11p ordinary

Sale

83,666

2.6244 GBP

10 10/11p ordinary

Sale

68,278

2.6234 GBP

10 10/11p ordinary

Sale

34,420

2.6235 GBP

10 10/11p ordinary

Sale

30,355

2.6245 GBP

10 10/11p ordinary

Sale

26,994

2.6249 GBP

10 10/11p ordinary

Sale

20,254

2.6220 GBP

10 10/11p ordinary

Sale

17,310

2.6239 GBP

10 10/11p ordinary

Sale

13,991

2.6246 GBP

10 10/11p ordinary

Sale

11,611

2.6238 GBP

10 10/11p ordinary

Sale

11,534

2.6159 GBP

10 10/11p ordinary

Sale

10,857

2.6248 GBP

10 10/11p ordinary

Sale

9,763

2.6240 GBP

10 10/11p ordinary

Sale

7,671

2.6247 GBP

10 10/11p ordinary

Sale

5,759

2.6192 GBP

10 10/11p ordinary

Sale

3,721

2.6199 GBP

10 10/11p ordinary

Sale

3,483

2.6179 GBP

10 10/11p ordinary

Sale

3,180

2.6200 GBP

10 10/11p ordinary

Sale

3,107

2.6205 GBP

10 10/11p ordinary

Sale

2,602

2.6266 GBP

10 10/11p ordinary

Sale

1,895

2.6233 GBP

10 10/11p ordinary

Sale

1,851

2.6259 GBP

10 10/11p ordinary

Sale

656

2.6340 GBP

10 10/11p ordinary

Sale

420

2.6300 GBP

10 10/11p ordinary

Sale

170

2.6195 GBP

10 10/11p ordinary

Sale

112

2.6320 GBP

10 10/11p ordinary

Sale

47

2.6207 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

Increasing Long

119

2.5860 GBP

10 10/11p ordinary

SWAP

Increasing Long

18,235

2.6176 GBP

10 10/11p ordinary

SWAP

Increasing Long

25,800

2.6185 GBP

10 10/11p ordinary

SWAP

Increasing Long

170

2.6195 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,721

2.6199 GBP

10 10/11p ordinary

SWAP

Increasing Long

3,107

2.6205 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,766

2.6218 GBP

10 10/11p ordinary

SWAP

Increasing Long

43,480

2.6224 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,579

2.6234 GBP

10 10/11p ordinary

SWAP

Increasing Long

11,611

2.6238 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,577

2.6242 GBP

10 10/11p ordinary

SWAP

Increasing Long

30,355

2.6245 GBP

10 10/11p ordinary

SWAP

Increasing Long

8,184

2.6248 GBP

10 10/11p ordinary

SWAP

Increasing Long

13,177

2.6256 GBP

10 10/11p ordinary

SWAP

Increasing Long

1,851

2.6259 GBP

10 10/11p ordinary

SWAP

Increasing Long

28,534

2.6262 GBP

10 10/11p ordinary

SWAP

Increasing Long

2,602

2.6266 GBP

10 10/11p ordinary

SWAP

Decreasing Long

163

2.5860 GBP

10 10/11p ordinary

SWAP

Decreasing Long

7,123

2.6166 GBP

10 10/11p ordinary

SWAP

Decreasing Long

295,039

2.6180 GBP

10 10/11p ordinary

SWAP

Decreasing Long

21,385

2.6181 GBP

10 10/11p ordinary

SWAP

Decreasing Long

219

2.6198 GBP

10 10/11p ordinary

SWAP

Decreasing Long

4,586

2.6199 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,352

2.6208 GBP

10 10/11p ordinary

SWAP

Decreasing Long

49,939

2.6210 GBP

10 10/11p ordinary

SWAP

Decreasing Long

180,000

2.6213 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,238

2.6222 GBP

10 10/11p ordinary

SWAP

Decreasing Long

1,578

2.6223 GBP

10 10/11p ordinary

SWAP

Decreasing Long

22,564

2.6225 GBP

10 10/11p ordinary

SWAP

Decreasing Long

17,772

2.6228 GBP

10 10/11p ordinary

SWAP

Decreasing Long

7,613

2.6230 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,948

2.6238 GBP

10 10/11p ordinary

SWAP

Decreasing Long

3,630

2.6239 GBP

10 10/11p ordinary

SWAP

Decreasing Long

13,875

2.6242 GBP

10 10/11p ordinary

SWAP

Decreasing Long

11,206

2.6250 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,444

2.6251 GBP

10 10/11p ordinary

SWAP

Decreasing Long

30,054

2.6252 GBP

10 10/11p ordinary

SWAP

Decreasing Long

5,384

2.6253 GBP

10 10/11p ordinary

SWAP

Decreasing Long

2,558

2.6255 GBP

10 10/11p ordinary

SWAP

Decreasing Long

57,331

2.6258 GBP

10 10/11p ordinary

SWAP

Decreasing Long

19,507

2.6260 GBP

10 10/11p ordinary

SWAP

Decreasing Long

29,205

2.6261 GBP

10 10/11p ordinary

SWAP

Decreasing Long

6,923

2.6274 GBP

10 10/11p ordinary

CFD

Decreasing Short

12,423

2.6238 GBP

10 10/11p ordinary

CFD

Increasing Short

2,116

2.6051 GBP

10 10/11p ordinary

CFD

Increasing Short

9,884

2.6069 GBP

10 10/11p ordinary

CFD

Increasing Short

1,026,330

2.6276 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:

20 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

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END
 
 
RETFLFFSLSIIFIE

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