27th May 2025 11:50
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: | 13 May 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: | 39808616 | 3.03% | 6451936 | 0.49% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 6,912,594 | 0.53% | 38,796,940 | 2.96% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,721,803 | 3.56% | 45,615,537 | 3.45% | |||
(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 | 112,538 | 2.8900 GBP | ||||
10 10/11p ordinary | Purchase | 79,187 | 2.8836 GBP | ||||
10 10/11p ordinary | Purchase | 52,022 | 2.8741 GBP | ||||
10 10/11p ordinary | Purchase | 46,916 | 2.8771 GBP | ||||
10 10/11p ordinary | Purchase | 44,655 | 2.8746 GBP | ||||
10 10/11p ordinary | Purchase | 39,174 | 2.8766 GBP | ||||
10 10/11p ordinary | Purchase | 29,255 | 2.8720 GBP | ||||
10 10/11p ordinary | Purchase | 12,950 | 2.8802 GBP | ||||
10 10/11p ordinary | Purchase | 12,328 | 2.8747 GBP | ||||
10 10/11p ordinary | Purchase | 10,779 | 2.8739 GBP | ||||
10 10/11p ordinary | Purchase | 8,977 | 2.8772 GBP | ||||
10 10/11p ordinary | Purchase | 7,754 | 2.8725 GBP | ||||
10 10/11p ordinary | Purchase | 7,357 | 2.8731 GBP | ||||
10 10/11p ordinary | Purchase | 7,010 | 2.8740 GBP | ||||
10 10/11p ordinary | Purchase | 6,817 | 2.8757 GBP | ||||
10 10/11p ordinary | Purchase | 6,389 | 2.8768 GBP | ||||
10 10/11p ordinary | Purchase | 5,403 | 2.8902 GBP | ||||
10 10/11p ordinary | Purchase | 5,034 | 2.8745 GBP | ||||
10 10/11p ordinary | Purchase | 3,420 | 2.8736 GBP | ||||
10 10/11p ordinary | Purchase | 3,258 | 2.8713 GBP | ||||
10 10/11p ordinary | Purchase | 2,374 | 2.8756 GBP | ||||
10 10/11p ordinary | Purchase | 2,331 | 2.8780 GBP | ||||
10 10/11p ordinary | Purchase | 1,671 | 2.8904 GBP | ||||
10 10/11p ordinary | Purchase | 1,663 | 2.8820 GBP | ||||
10 10/11p ordinary | Purchase | 1,177 | 2.8920 GBP | ||||
10 10/11p ordinary | Purchase | 844 | 2.8800 GBP | ||||
10 10/11p ordinary | Purchase | 807 | 2.8759 GBP | ||||
10 10/11p ordinary | Purchase | 800 | 2.8812 GBP | ||||
10 10/11p ordinary | Purchase | 593 | 2.9360 GBP | ||||
10 10/11p ordinary | Purchase | 306 | 2.8689 GBP | ||||
10 10/11p ordinary | Purchase | 100 | 2.8860 GBP | ||||
10 10/11p ordinary | Sale | 122,269 | 2.8804 GBP | ||||
10 10/11p ordinary | Sale | 72,701 | 2.8871 GBP | ||||
10 10/11p ordinary | Sale | 71,049 | 2.8803 GBP | ||||
10 10/11p ordinary | Sale | 46,981 | 2.8752 GBP | ||||
10 10/11p ordinary | Sale | 44,398 | 2.8741 GBP | ||||
10 10/11p ordinary | Sale | 21,655 | 2.8858 GBP | ||||
10 10/11p ordinary | Sale | 18,818 | 2.8740 GBP | ||||
10 10/11p ordinary | Sale | 13,239 | 2.8765 GBP | ||||
10 10/11p ordinary | Sale | 12,069 | 2.8751 GBP | ||||
10 10/11p ordinary | Sale | 7,987 | 2.8726 GBP | ||||
10 10/11p ordinary | Sale | 6,707 | 2.8789 GBP | ||||
10 10/11p ordinary | Sale | 6,280 | 2.8813 GBP | ||||
10 10/11p ordinary | Sale | 5,557 | 2.8900 GBP | ||||
10 10/11p ordinary | Sale | 5,375 | 2.8788 GBP | ||||
10 10/11p ordinary | Sale | 5,355 | 2.8720 GBP | ||||
10 10/11p ordinary | Sale | 3,781 | 2.8822 GBP | ||||
10 10/11p ordinary | Sale | 3,044 | 2.8786 GBP | ||||
10 10/11p ordinary | Sale | 2,331 | 2.8780 GBP | ||||
10 10/11p ordinary | Sale | 2,314 | 2.8860 GBP | ||||
10 10/11p ordinary | Sale | 1,500 | 2.8700 GBP | ||||
10 10/11p ordinary | Sale | 1,324 | 2.8843 GBP | ||||
10 10/11p ordinary | Sale | 1,177 | 2.8920 GBP | ||||
10 10/11p ordinary | Sale | 844 | 2.8800 GBP | ||||
10 10/11p ordinary | Sale | 593 | 2.9360 GBP | ||||
10 10/11p ordinary | Sale | 553 | 2.8836 GBP | ||||
10 10/11p ordinary | Sale | 100 | 2.8742 GBP | ||||
10 10/11p ordinary | Sale | 17 | 2.8737 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 | 1,500 | 2.8700 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 7,987 | 2.8726 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,985 | 2.8730 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 17 | 2.8737 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 17,818 | 2.8740 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 44,398 | 2.8741 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 13,239 | 2.8765 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,595 | 2.8768 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 985 | 2.8788 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 7,525 | 2.8797 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 71,049 | 2.8803 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,781 | 2.8822 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 382 | 2.8870 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 72,701 | 2.8871 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,697 | 2.8740 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 52,022 | 2.8741 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 9,205 | 2.8747 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 89,997 | 2.8750 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,374 | 2.8756 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 807 | 2.8760 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 37,711 | 2.8776 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 800 | 2.8812 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 41,195 | 2.8900 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 5,267 | 2.8901 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 5,403 | 2.8902 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,671 | 2.8904 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 33,214 | 2.8719 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 7,144 | 2.8794 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,478 | 2.8720 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 17,974 | 2.8740 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 May 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysDirect Line