12th Dec 2024 14:43
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: | 11 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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| 10,665,045 | 0.81% | 14,399,407 | 1.10% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 15,166,074 | 1.16% | 8,020,130 | 0.61% |
(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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| 25,831,119 | 1.97% | 22,419,537 | 1.71% |
Class of relevant security: | Restricted Tier 1 Note XS1728036366 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 200,000 | 0.06% | 0 | 0.00% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 0 | 0.00% | 0 | 0.00% |
(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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| 200,000 | 0.06% | 0 | 0.00% |
(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 |
| securities |
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10 10/11p ordinary | Purchase | 700,000 | 2.4836 GBP | ||||
10 10/11p ordinary | Purchase | 333,184 | 2.4834 GBP | ||||
10 10/11p ordinary | Purchase | 300,000 | 2.4865 GBP | ||||
10 10/11p ordinary | Purchase | 144,490 | 2.4701 GBP | ||||
10 10/11p ordinary | Purchase | 129,640 | 2.4700 GBP | ||||
10 10/11p ordinary | Purchase | 106,736 | 2.4720 GBP | ||||
10 10/11p ordinary | Purchase | 27,965 | 2.4747 GBP | ||||
10 10/11p ordinary | Purchase | 22,703 | 2.4743 GBP | ||||
10 10/11p ordinary | Purchase | 13,765 | 2.4761 GBP | ||||
10 10/11p ordinary | Purchase | 10,621 | 2.4746 GBP | ||||
10 10/11p ordinary | Purchase | 6,966 | 2.4806 GBP | ||||
10 10/11p ordinary | Purchase | 4,276 | 2.4816 GBP | ||||
10 10/11p ordinary | Purchase | 4,190 | 2.4828 GBP | ||||
10 10/11p ordinary | Purchase | 4,112 | 2.4860 GBP | ||||
10 10/11p ordinary | Purchase | 3,948 | 2.4819 GBP | ||||
10 10/11p ordinary | Purchase | 3,908 | 2.4857 GBP | ||||
10 10/11p ordinary | Purchase | 2,888 | 2.4766 GBP | ||||
10 10/11p ordinary | Purchase | 2,493 | 2.4667 GBP | ||||
10 10/11p ordinary | Purchase | 2,014 | 2.4817 GBP | ||||
10 10/11p ordinary | Purchase | 1,627 | 2.4845 GBP | ||||
10 10/11p ordinary | Purchase | 1,286 | 2.4880 GBP | ||||
10 10/11p ordinary | Purchase | 1,204 | 2.4855 GBP | ||||
10 10/11p ordinary | Purchase | 871 | 2.4870 GBP | ||||
10 10/11p ordinary | Purchase | 856 | 2.4810 GBP | ||||
10 10/11p ordinary | Purchase | 785 | 2.4760 GBP | ||||
10 10/11p ordinary | Purchase | 535 | 2.4800 GBP | ||||
10 10/11p ordinary | Purchase | 406 | 2.4820 GBP | ||||
10 10/11p ordinary | Purchase | 247 | 2.4740 GBP | ||||
10 10/11p ordinary | Sale | 1,500,000 | 2.4782 GBP | ||||
10 10/11p ordinary | Sale | 328,806 | 2.4831 GBP | ||||
10 10/11p ordinary | Sale | 200,000 | 2.4877 GBP | ||||
10 10/11p ordinary | Sale | 121,906 | 2.4700 GBP | ||||
10 10/11p ordinary | Sale | 113,344 | 2.4823 GBP | ||||
10 10/11p ordinary | Sale | 107,560 | 2.4850 GBP | ||||
10 10/11p ordinary | Sale | 104,390 | 2.4734 GBP | ||||
10 10/11p ordinary | Sale | 79,353 | 2.4775 GBP | ||||
10 10/11p ordinary | Sale | 56,966 | 2.4770 GBP | ||||
10 10/11p ordinary | Sale | 56,145 | 2.4757 GBP | ||||
10 10/11p ordinary | Sale | 43,043 | 2.4790 GBP | ||||
10 10/11p ordinary | Sale | 41,903 | 2.4791 GBP | ||||
10 10/11p ordinary | Sale | 38,950 | 2.4837 GBP | ||||
10 10/11p ordinary | Sale | 35,586 | 2.4806 GBP | ||||
10 10/11p ordinary | Sale | 31,364 | 2.4739 GBP | ||||
10 10/11p ordinary | Sale | 29,422 | 2.4821 GBP | ||||
10 10/11p ordinary | Sale | 18,525 | 2.4835 GBP | ||||
10 10/11p ordinary | Sale | 17,700 | 2.4818 GBP | ||||
10 10/11p ordinary | Sale | 15,987 | 2.4825 GBP | ||||
10 10/11p ordinary | Sale | 15,746 | 2.4838 GBP | ||||
10 10/11p ordinary | Sale | 13,388 | 2.4836 GBP | ||||
10 10/11p ordinary | Sale | 13,248 | 2.4745 GBP | ||||
10 10/11p ordinary | Sale | 12,510 | 2.4860 GBP | ||||
10 10/11p ordinary | Sale | 10,984 | 2.4727 GBP | ||||
10 10/11p ordinary | Sale | 10,303 | 2.4768 GBP | ||||
10 10/11p ordinary | Sale | 10,091 | 2.4813 GBP | ||||
10 10/11p ordinary | Sale | 9,250 | 2.4828 GBP | ||||
10 10/11p ordinary | Sale | 8,280 | 2.4822 GBP | ||||
10 10/11p ordinary | Sale | 8,073 | 2.4808 GBP | ||||
10 10/11p ordinary | Sale | 5,782 | 2.4726 GBP | ||||
10 10/11p ordinary | Sale | 5,034 | 2.4829 GBP | ||||
10 10/11p ordinary | Sale | 3,848 | 2.4756 GBP | ||||
10 10/11p ordinary | Sale | 3,329 | 2.4833 GBP | ||||
10 10/11p ordinary | Sale | 2,837 | 2.4820 GBP | ||||
10 10/11p ordinary | Sale | 1,616 | 2.4800 GBP | ||||
10 10/11p ordinary | Sale | 1,158 | 2.4830 GBP | ||||
10 10/11p ordinary | Sale | 1,157 | 2.4729 GBP | ||||
10 10/11p ordinary | Sale | 1,060 | 2.4769 GBP | ||||
10 10/11p ordinary | Sale | 592 | 2.4840 GBP | ||||
10 10/11p ordinary | Sale | 239 | 2.4697 GBP | ||||
10 10/11p ordinary | Sale | 220 | 2.4827 GBP | ||||
10 10/11p ordinary | Sale | 116 | 2.4853 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 | Increasing Long | 239 | 2.4698 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 27,801 | 2.4700 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 5,782 | 2.4726 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 10,984 | 2.4727 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,157 | 2.4729 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 20,935 | 2.4739 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,868 | 2.4740 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 43,646 | 2.4746 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,848 | 2.4756 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 31,174 | 2.4762 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 18,478 | 2.4763 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 56,966 | 2.4770 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 6,079 | 2.4776 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,500,000 | 2.4782 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 31,388 | 2.4789 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 43,043 | 2.4790 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 9,798 | 2.4813 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 293 | 2.4814 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 6,019 | 2.4817 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 17,700 | 2.4818 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 15,987 | 2.4825 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 9,250 | 2.4828 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 328,806 | 2.4831 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 402 | 2.4834 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 17,404 | 2.4838 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 200,000 | 2.4877 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 141 | 2.4560 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,493 | 2.4667 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 107,521 | 2.4700 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 29,000 | 2.4704 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 22,703 | 2.4743 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 10,621 | 2.4746 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 27,965 | 2.4747 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,013 | 2.4761 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,944 | 2.4805 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,014 | 2.4817 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 602 | 2.4820 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 700,000 | 2.4836 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 300,000 | 2.4865 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 12,760 | 2.4732 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 47,060 | 2.4809 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,494 | 2.4701 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,380 | 2.4732 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 1,542 | 2.4880 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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| 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 | ||||
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: | 12 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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