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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

11th Apr 2025 16:50

RNS Number : 7696E
Barclays PLC
11 April 2025
 

FORM 8.3 - Amendment - this form replaces RNS number 4028D published at 15:18 on 02/04/2025, changes made to section 2a and 3a

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:

01 Apr 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:

 

 

36,251,475

2.76%

7,598,757

0.57%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

7,783,811

0.59%

34,827,420

2.66%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,035,286

3.36%

42,426,177

3.23%

(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

2.8084 GBP

10 10/11p ordinary

Purchase

285,946

2.8168 GBP

10 10/11p ordinary

Purchase

176,257

2.8101 GBP

10 10/11p ordinary

Purchase

136,074

2.8126 GBP

10 10/11p ordinary

Purchase

114,106

2.8127 GBP

10 10/11p ordinary

Purchase

91,954

2.8071 GBP

10 10/11p ordinary

Purchase

85,611

2.8108 GBP

10 10/11p ordinary

Purchase

65,586

2.8135 GBP

10 10/11p ordinary

Purchase

62,616

2.8109 GBP

10 10/11p ordinary

Purchase

50,359

2.8106 GBP

10 10/11p ordinary

Purchase

37,511

2.8145 GBP

10 10/11p ordinary

Purchase

33,875

2.8124 GBP

10 10/11p ordinary

Purchase

29,972

2.8160 GBP

10 10/11p ordinary

Purchase

26,063

2.8140 GBP

10 10/11p ordinary

Purchase

25,179

2.8032 GBP

10 10/11p ordinary

Purchase

20,143

2.8051 GBP

10 10/11p ordinary

Purchase

19,052

2.8125 GBP

10 10/11p ordinary

Purchase

12,590

2.8118 GBP

10 10/11p ordinary

Purchase

12,590

2.8176 GBP

10 10/11p ordinary

Purchase

10,888

2.8147 GBP

10 10/11p ordinary

Purchase

9,051

2.8144 GBP

10 10/11p ordinary

Purchase

7,212

2.8090 GBP

10 10/11p ordinary

Purchase

5,556

2.8112 GBP

10 10/11p ordinary

Purchase

3,256

2.8120 GBP

10 10/11p ordinary

Purchase

3,060

2.8085 GBP

10 10/11p ordinary

Purchase

2,076

2.8100 GBP

10 10/11p ordinary

Purchase

1,730

2.8174 GBP

10 10/11p ordinary

Purchase

1,369

2.8080 GBP

10 10/11p ordinary

Purchase

1,148

2.8060 GBP

10 10/11p ordinary

Purchase

626

2.8040 GBP

10 10/11p ordinary

Purchase

552

2.8020 GBP

10 10/11p ordinary

Purchase

261

2.8200 GBP

10 10/11p ordinary

Purchase

180

2.8000 GBP

10 10/11p ordinary

Purchase

85

2.8180 GBP

10 10/11p ordinary

Sale

170,258

2.8156 GBP

10 10/11p ordinary

Sale

48,877

2.8060 GBP

10 10/11p ordinary

Sale

43,784

2.8141 GBP

10 10/11p ordinary

Sale

43,217

2.8132 GBP

10 10/11p ordinary

Sale

33,336

2.8120 GBP

10 10/11p ordinary

Sale

29,511

2.8042 GBP

10 10/11p ordinary

Sale

22,879

2.8080 GBP

10 10/11p ordinary

Sale

19,896

2.8110 GBP

10 10/11p ordinary

Sale

16,026

2.8100 GBP

10 10/11p ordinary

Sale

12,365

2.8145 GBP

10 10/11p ordinary

Sale

10,501

2.8127 GBP

10 10/11p ordinary

Sale

10,027

2.8146 GBP

10 10/11p ordinary

Sale

9,853

2.8086 GBP

10 10/11p ordinary

Sale

7,756

2.8239 GBP

10 10/11p ordinary

Sale

6,886

2.8041 GBP

10 10/11p ordinary

Sale

5,877

2.8093 GBP

10 10/11p ordinary

Sale

5,700

2.8114 GBP

10 10/11p ordinary

Sale

5,608

2.8109 GBP

10 10/11p ordinary

Sale

5,572

2.8116 GBP

10 10/11p ordinary

Sale

5,059

2.8051 GBP

10 10/11p ordinary

Sale

3,567

2.8017 GBP

10 10/11p ordinary

Sale

3,264

2.8090 GBP

10 10/11p ordinary

Sale

626

2.8040 GBP

10 10/11p ordinary

Sale

552

2.8020 GBP

10 10/11p ordinary

Sale

469

2.8160 GBP

10 10/11p ordinary

Sale

417

2.8091 GBP

10 10/11p ordinary

Sale

261

2.8200 GBP

10 10/11p ordinary

Sale

253

2.8197 GBP

10 10/11p ordinary

Sale

195

2.8191 GBP

10 10/11p ordinary

Sale

180

2.8000 GBP

10 10/11p ordinary

Sale

105

2.8140 GBP

10 10/11p ordinary

Sale

93

2.8198 GBP

10 10/11p ordinary

Sale

85

2.8180 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 Short

120,861

2.8090 GBP

10 10/11p ordinary

SWAP

Increasing Short

261,868

2.8103 GBP

10 10/11p ordinary

SWAP

Increasing Short

25,071

2.8125 GBP

10 10/11p ordinary

SWAP

Decreasing Short

29,511

2.8042 GBP

10 10/11p ordinary

SWAP

Decreasing Short

659

2.8074 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,311

2.8093 GBP

10 10/11p ordinary

SWAP

Decreasing Short

27,925

2.8095 GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,781

2.8099 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,798

2.8110 GBP

10 10/11p ordinary

SWAP

Decreasing Short

800

2.8112 GBP

10 10/11p ordinary

SWAP

Decreasing Short

860

2.8119 GBP

10 10/11p ordinary

SWAP

Decreasing Short

888

2.8120 GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,501

2.8127 GBP

10 10/11p ordinary

SWAP

Decreasing Short

27,751

2.8128 GBP

10 10/11p ordinary

SWAP

Decreasing Short

532

2.8136 GBP

10 10/11p ordinary

SWAP

Decreasing Short

652

2.8137 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,983

2.8143 GBP

10 10/11p ordinary

SWAP

Decreasing Short

9,375

2.8147 GBP

10 10/11p ordinary

SWAP

Decreasing Short

153,085

2.8158 GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,033

2.8164 GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,756

2.8239 GBP

10 10/11p ordinary

SWAP

Decreasing Short

12

2.8480 GBP

10 10/11p ordinary

SWAP

Increasing Short

500,000

2.8084 GBP

10 10/11p ordinary

SWAP

Increasing Short

19,935

2.8103 GBP

10 10/11p ordinary

SWAP

Increasing Short

61,817

2.8105 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,798

2.8110 GBP

10 10/11p ordinary

SWAP

Increasing Short

316

2.8120 GBP

10 10/11p ordinary

SWAP

Increasing Short

33,875

2.8124 GBP

10 10/11p ordinary

SWAP

Increasing Short

19,052

2.8125 GBP

10 10/11p ordinary

SWAP

Increasing Short

114,106

2.8127 GBP

10 10/11p ordinary

SWAP

Increasing Short

38,218

2.8132 GBP

10 10/11p ordinary

SWAP

Increasing Short

52,385

2.8139 GBP

10 10/11p ordinary

SWAP

Increasing Short

49,888

2.8160 GBP

10 10/11p ordinary

SWAP

Increasing Short

18,908

2.8161 GBP

10 10/11p ordinary

SWAP

Increasing Short

11,722

2.8165 GBP

10 10/11p ordinary

SWAP

Increasing Short

459

2.8189 GBP

10 10/11p ordinary

CFD

Decreasing Short

4,243

2.8125 GBP

10 10/11p ordinary

CFD

Decreasing Short

4,767

2.8142 GBP

10 10/11p ordinary

CFD

Increasing Short

7,825

2.8147 GBP

10 10/11p ordinary

SWAP

Decreasing Short

195

2.8192 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:

11 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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