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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

15th May 2025 14:52

RNS Number : 8867I
Barclays PLC
15 May 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

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:

14 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:

 

 

40,239,935

3.07%

5,754,237

0.43%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

6,260,377

0.48%

39,487,792

3.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

46,500,312

3.55%

45,242,029

3.44%

(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

500,000

2.8783 GBP

10 10/11p ordinary

Purchase

200,473

2.8862 GBP

10 10/11p ordinary

Purchase

191,811

2.8899 GBP

10 10/11p ordinary

Purchase

185,206

2.8757 GBP

10 10/11p ordinary

Purchase

171,997

2.8849 GBP

10 10/11p ordinary

Purchase

152,586

2.8740 GBP

10 10/11p ordinary

Purchase

103,401

2.8844 GBP

10 10/11p ordinary

Purchase

39,157

2.8756 GBP

10 10/11p ordinary

Purchase

33,016

2.8853 GBP

10 10/11p ordinary

Purchase

23,300

2.8882 GBP

10 10/11p ordinary

Purchase

17,942

2.8981 GBP

10 10/11p ordinary

Purchase

15,265

2.8920 GBP

10 10/11p ordinary

Purchase

12,787

2.8872 GBP

10 10/11p ordinary

Purchase

8,978

2.8819 GBP

10 10/11p ordinary

Purchase

7,110

2.8762 GBP

10 10/11p ordinary

Purchase

6,426

2.8845 GBP

10 10/11p ordinary

Purchase

5,909

2.8930 GBP

10 10/11p ordinary

Purchase

5,415

2.8831 GBP

10 10/11p ordinary

Purchase

4,569

2.8827 GBP

10 10/11p ordinary

Purchase

2,481

2.8881 GBP

10 10/11p ordinary

Purchase

1,464

2.8919 GBP

10 10/11p ordinary

Purchase

1,384

2.8910 GBP

10 10/11p ordinary

Purchase

989

2.8501 GBP

10 10/11p ordinary

Purchase

768

2.8927 GBP

10 10/11p ordinary

Purchase

676

2.8870 GBP

10 10/11p ordinary

Purchase

348

2.8898 GBP

10 10/11p ordinary

Purchase

266

2.8720 GBP

10 10/11p ordinary

Purchase

206

2.8915 GBP

10 10/11p ordinary

Purchase

130

2.8858 GBP

10 10/11p ordinary

Purchase

129

2.8860 GBP

10 10/11p ordinary

Purchase

15

2.8857 GBP

10 10/11p ordinary

Purchase

4

2.8770 GBP

10 10/11p ordinary

Purchase

2

2.8717 GBP

10 10/11p ordinary

Purchase

1

2.8840 GBP

10 10/11p ordinary

Sale

151,632

2.8877 GBP

10 10/11p ordinary

Sale

98,791

2.8844 GBP

10 10/11p ordinary

Sale

73,790

2.8791 GBP

10 10/11p ordinary

Sale

56,617

2.8740 GBP

10 10/11p ordinary

Sale

45,519

2.8876 GBP

10 10/11p ordinary

Sale

44,914

2.8875 GBP

10 10/11p ordinary

Sale

28,808

2.8863 GBP

10 10/11p ordinary

Sale

24,914

2.8848 GBP

10 10/11p ordinary

Sale

16,603

2.8842 GBP

10 10/11p ordinary

Sale

10,039

2.8747 GBP

10 10/11p ordinary

Sale

4,724

2.8919 GBP

10 10/11p ordinary

Sale

3,619

2.8912 GBP

10 10/11p ordinary

Sale

1,533

2.8843 GBP

10 10/11p ordinary

Sale

1,516

2.8819 GBP

10 10/11p ordinary

Sale

558

2.8900 GBP

10 10/11p ordinary

Sale

494

2.8779 GBP

10 10/11p ordinary

Sale

363

2.8899 GBP

10 10/11p ordinary

Sale

306

2.8920 GBP

10 10/11p ordinary

Sale

206

2.8917 GBP

10 10/11p ordinary

Sale

129

2.8860 GBP

10 10/11p ordinary

Sale

105

2.8845 GBP

10 10/11p ordinary

Sale

12

2.8720 GBP

10 10/11p ordinary

Sale

1

2.8840 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

3

2.8500 GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,039

2.8747 GBP

10 10/11p ordinary

SWAP

Decreasing Short

494

2.8779 GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,884

2.8790 GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,153

2.8835 GBP

10 10/11p ordinary

SWAP

Decreasing Short

105

2.8845 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,906

2.8846 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,106

2.8873 GBP

10 10/11p ordinary

SWAP

Decreasing Short

45,519

2.8876 GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,544

2.8881 GBP

10 10/11p ordinary

SWAP

Decreasing Short

558

2.8900 GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,724

2.8919 GBP

10 10/11p ordinary

SWAP

Increasing Short

232,566

2.8740 GBP

10 10/11p ordinary

SWAP

Increasing Short

12,297

2.8741 GBP

10 10/11p ordinary

SWAP

Increasing Short

226,186

2.8760 GBP

10 10/11p ordinary

SWAP

Increasing Short

500,000

2.8783 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,596

2.8818 GBP

10 10/11p ordinary

SWAP

Increasing Short

103,401

2.8844 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,632

2.8847 GBP

10 10/11p ordinary

SWAP

Increasing Short

171,997

2.8849 GBP

10 10/11p ordinary

SWAP

Increasing Short

39,624

2.8861 GBP

10 10/11p ordinary

SWAP

Increasing Short

35,727

2.8862 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,481

2.8881 GBP

10 10/11p ordinary

SWAP

Increasing Short

23,300

2.8882 GBP

10 10/11p ordinary

SWAP

Increasing Short

182,179

2.8902 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,265

2.8920 GBP

10 10/11p ordinary

SWAP

Increasing Short

25

2.8960 GBP

10 10/11p ordinary

CFD

Decreasing Short

14,244

2.8740 GBP

10 10/11p ordinary

CFD

Decreasing Short

14

2.8742 GBP

10 10/11p ordinary

CFD

Decreasing Short

9,967

2.8860 GBP

10 10/11p ordinary

CFD

Decreasing Short

22,818

2.8887 GBP

10 10/11p ordinary

CFD

Increasing Short

670

2.8740 GBP

10 10/11p ordinary

CFD

Increasing Short

7,091

2.8747 GBP

10 10/11p ordinary

CFD

Increasing Short

7,110

2.8762 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:

15 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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