4th Dec 2024 15:17
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 03 Dec 2024 | |||||
(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 | ||||||
(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 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 20,556,433 | 1.57% | 10,710,233 | 0.82% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,482,865 | 0.88% | 17,644,803 | 1.35% |
(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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| 32,039,298 | 2.44% | 28,355,036 | 2.16% |
(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 | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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10 10/11p ordinary | Purchase | 175,185 | 2.3055 GBP | ||||
10 10/11p ordinary | Purchase | 138,351 | 2.3056 GBP | ||||
10 10/11p ordinary | Purchase | 54,693 | 2.3050 GBP | ||||
10 10/11p ordinary | Purchase | 46,965 | 2.3012 GBP | ||||
10 10/11p ordinary | Purchase | 44,415 | 2.3018 GBP | ||||
10 10/11p ordinary | Purchase | 40,517 | 2.3037 GBP | ||||
10 10/11p ordinary | Purchase | 35,200 | 2.3084 GBP | ||||
10 10/11p ordinary | Purchase | 25,337 | 2.3060 GBP | ||||
10 10/11p ordinary | Purchase | 20,557 | 2.3114 GBP | ||||
10 10/11p ordinary | Purchase | 20,009 | 2.3057 GBP | ||||
10 10/11p ordinary | Purchase | 20,009 | 2.3077 GBP | ||||
10 10/11p ordinary | Purchase | 20,009 | 2.2987 GBP | ||||
10 10/11p ordinary | Purchase | 20,009 | 2.3127 GBP | ||||
10 10/11p ordinary | Purchase | 19,784 | 2.3020 GBP | ||||
10 10/11p ordinary | Purchase | 18,867 | 2.3070 GBP | ||||
10 10/11p ordinary | Purchase | 12,666 | 2.3044 GBP | ||||
10 10/11p ordinary | Purchase | 8,553 | 2.3042 GBP | ||||
10 10/11p ordinary | Purchase | 7,319 | 2.3058 GBP | ||||
10 10/11p ordinary | Purchase | 6,553 | 2.3160 GBP | ||||
10 10/11p ordinary | Purchase | 6,283 | 2.3047 GBP | ||||
10 10/11p ordinary | Purchase | 5,618 | 2.3014 GBP | ||||
10 10/11p ordinary | Purchase | 2,963 | 2.3053 GBP | ||||
10 10/11p ordinary | Purchase | 2,812 | 2.3062 GBP | ||||
10 10/11p ordinary | Purchase | 1,271 | 2.3080 GBP | ||||
ADR | Purchase | 800 | 11.4700 USD | ||||
10 10/11p ordinary | Purchase | 281 | 2.2966 GBP | ||||
10 10/11p ordinary | Purchase | 177 | 2.2980 GBP | ||||
10 10/11p ordinary | Sale | 108,124 | 2.3044 GBP | ||||
10 10/11p ordinary | Sale | 88,535 | 2.3058 GBP | ||||
10 10/11p ordinary | Sale | 88,296 | 2.3060 GBP | ||||
10 10/11p ordinary | Sale | 68,945 | 2.3047 GBP | ||||
10 10/11p ordinary | Sale | 53,261 | 2.3050 GBP | ||||
10 10/11p ordinary | Sale | 49,600 | 2.3027 GBP | ||||
10 10/11p ordinary | Sale | 43,818 | 2.3039 GBP | ||||
10 10/11p ordinary | Sale | 42,558 | 2.3064 GBP | ||||
10 10/11p ordinary | Sale | 42,541 | 2.3038 GBP | ||||
10 10/11p ordinary | Sale | 36,500 | 2.3130 GBP | ||||
10 10/11p ordinary | Sale | 21,690 | 2.3033 GBP | ||||
10 10/11p ordinary | Sale | 19,926 | 2.3059 GBP | ||||
10 10/11p ordinary | Sale | 19,352 | 2.3009 GBP | ||||
10 10/11p ordinary | Sale | 15,903 | 2.3078 GBP | ||||
10 10/11p ordinary | Sale | 13,716 | 2.3079 GBP | ||||
10 10/11p ordinary | Sale | 12,411 | 2.3042 GBP | ||||
10 10/11p ordinary | Sale | 10,869 | 2.3067 GBP | ||||
10 10/11p ordinary | Sale | 7,938 | 2.3052 GBP | ||||
10 10/11p ordinary | Sale | 7,470 | 2.3055 GBP | ||||
10 10/11p ordinary | Sale | 5,876 | 2.3088 GBP | ||||
10 10/11p ordinary | Sale | 5,568 | 2.3154 GBP | ||||
10 10/11p ordinary | Sale | 5,384 | 2.3011 GBP | ||||
10 10/11p ordinary | Sale | 3,999 | 2.3010 GBP | ||||
10 10/11p ordinary | Sale | 3,655 | 2.3070 GBP | ||||
10 10/11p ordinary | Sale | 3,248 | 2.3034 GBP | ||||
10 10/11p ordinary | Sale | 1,736 | 2.3137 GBP | ||||
10 10/11p ordinary | Sale | 1,404 | 2.3020 GBP | ||||
10 10/11p ordinary | Sale | 882 | 2.3026 GBP | ||||
ADR | Sale | 800 | 11.4700 USD | ||||
10 10/11p ordinary | Sale | 586 | 2.3000 GBP | ||||
10 10/11p ordinary | Sale | 177 | 2.2980 GBP | ||||
10 10/11p ordinary | Sale | 117 | 2.2982 GBP | ||||
10 10/11p ordinary | Sale | 60 | 2.2981 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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10 10/11p ordinary | SWAP | Decreasing Short | 16,491 | 2.2987 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 23,351 | 2.3009 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 882 | 2.3026 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 63,689 | 2.3027 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 21,690 | 2.3033 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,248 | 2.3034 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 33,393 | 2.3037 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 42,541 | 2.3038 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 43,818 | 2.3039 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,858 | 2.3042 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 7,470 | 2.3055 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,491 | 2.3057 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 6,032 | 2.3058 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 19,926 | 2.3059 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 31,154 | 2.3060 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 15,060 | 2.3070 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,491 | 2.3077 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 15,903 | 2.3078 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,943 | 2.3114 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,491 | 2.3127 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 849 | 2.3137 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 887 | 2.3140 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 381 | 2.3159 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 281 | 2.2966 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 20,289 | 2.3003 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 40,934 | 2.3013 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 19,784 | 2.3021 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,028 | 2.3032 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 37,150 | 2.3033 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 131 | 2.3041 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,369 | 2.3044 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 6,283 | 2.3047 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,316 | 2.3052 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 138,351 | 2.3056 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 58,735 | 2.3060 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 30,439 | 2.3062 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,271 | 2.3080 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 172 | 2.3101 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 6,553 | 2.3160 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 12,299 | 2.3045 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 |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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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 | ||||
security |
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4. | OTHER INFORMATION | ||||||
(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 | |||||||
(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 | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 04 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysDirect Line