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Form 8.3 - Direct Line Insurance Group plc

12th Dec 2024 14:43

RNS Number : 9121P
Barclays PLC
12 December 2024
 

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:

11 Dec 2024

(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:

 

 

10,665,045

0.81%

14,399,407

1.10%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

15,166,074

1.16%

8,020,130

0.61%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

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

 

 

 

 

 

and/or controlled:

 

 

200,000

0.06%

0

0.00%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

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

 

 

 

 

 

 

 

 

(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

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

 

 

 

 

 

 

 

 

(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:

12 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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