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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

7th Apr 2025 13:07

RNS Number : 9610D
Barclays PLC
07 April 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:

04 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:

 

 

36,098,336

2.75%

8,628,614

0.65%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

8,889,755

0.68%

34,930,732

2.66%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,988,091

3.43%

43,559,346

3.32%

(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

1,281,382

2.6903 GBP

10 10/11p ordinary

Purchase

427,062

2.6894 GBP

10 10/11p ordinary

Purchase

344,684

2.6827 GBP

10 10/11p ordinary

Purchase

343,421

2.6634 GBP

10 10/11p ordinary

Purchase

182,400

2.6810 GBP

10 10/11p ordinary

Purchase

165,610

2.6440 GBP

10 10/11p ordinary

Purchase

148,337

2.6909 GBP

10 10/11p ordinary

Purchase

129,932

2.6940 GBP

10 10/11p ordinary

Purchase

113,668

2.6886 GBP

10 10/11p ordinary

Purchase

96,721

2.6972 GBP

10 10/11p ordinary

Purchase

43,181

2.6930 GBP

10 10/11p ordinary

Purchase

39,673

2.6800 GBP

10 10/11p ordinary

Purchase

33,948

2.6824 GBP

10 10/11p ordinary

Purchase

32,815

2.6840 GBP

10 10/11p ordinary

Purchase

13,550

2.6815 GBP

10 10/11p ordinary

Purchase

8,056

2.6779 GBP

10 10/11p ordinary

Purchase

7,454

2.7000 GBP

10 10/11p ordinary

Purchase

7,280

2.7421 GBP

10 10/11p ordinary

Purchase

6,312

2.6820 GBP

10 10/11p ordinary

Purchase

5,382

2.6860 GBP

10 10/11p ordinary

Purchase

5,110

2.6900 GBP

10 10/11p ordinary

Purchase

4,549

2.6917 GBP

10 10/11p ordinary

Purchase

4,119

2.6960 GBP

10 10/11p ordinary

Purchase

3,767

2.6839 GBP

10 10/11p ordinary

Purchase

3,287

2.6879 GBP

10 10/11p ordinary

Purchase

3,201

2.6931 GBP

10 10/11p ordinary

Purchase

2,735

2.6780 GBP

10 10/11p ordinary

Purchase

2,714

2.7580 GBP

10 10/11p ordinary

Purchase

2,507

2.6783 GBP

10 10/11p ordinary

Purchase

1,935

2.7589 GBP

10 10/11p ordinary

Purchase

1,911

2.6880 GBP

10 10/11p ordinary

Purchase

1,861

2.7200 GBP

10 10/11p ordinary

Purchase

1,567

2.7354 GBP

10 10/11p ordinary

Purchase

1,405

2.7337 GBP

10 10/11p ordinary

Purchase

1,178

2.6920 GBP

10 10/11p ordinary

Purchase

978

2.7040 GBP

10 10/11p ordinary

Purchase

971

2.7300 GBP

10 10/11p ordinary

Purchase

957

2.7440 GBP

10 10/11p ordinary

Purchase

891

2.7360 GBP

10 10/11p ordinary

Purchase

873

2.7340 GBP

10 10/11p ordinary

Purchase

852

2.7220 GBP

10 10/11p ordinary

Purchase

836

2.7060 GBP

10 10/11p ordinary

Purchase

782

2.7180 GBP

10 10/11p ordinary

Purchase

753

2.6980 GBP

10 10/11p ordinary

Purchase

535

2.7140 GBP

10 10/11p ordinary

Purchase

492

2.7679 GBP

10 10/11p ordinary

Sale

1,729,235

2.6920 GBP

10 10/11p ordinary

Sale

333,626

2.6799 GBP

10 10/11p ordinary

Sale

303,066

2.6864 GBP

10 10/11p ordinary

Sale

239,746

2.6440 GBP

10 10/11p ordinary

Sale

221,182

2.6853 GBP

10 10/11p ordinary

Sale

200,000

2.6788 GBP

10 10/11p ordinary

Sale

142,844

2.7005 GBP

10 10/11p ordinary

Sale

139,585

2.6832 GBP

10 10/11p ordinary

Sale

136,190

2.6862 GBP

10 10/11p ordinary

Sale

124,182

2.6845 GBP

10 10/11p ordinary

Sale

114,393

2.6834 GBP

10 10/11p ordinary

Sale

94,481

2.6889 GBP

10 10/11p ordinary

Sale

93,471

2.6657 GBP

10 10/11p ordinary

Sale

74,306

2.6893 GBP

10 10/11p ordinary

Sale

54,312

2.6835 GBP

10 10/11p ordinary

Sale

44,091

2.6915 GBP

10 10/11p ordinary

Sale

43,514

2.6867 GBP

10 10/11p ordinary

Sale

20,017

2.6810 GBP

10 10/11p ordinary

Sale

18,809

2.6934 GBP

10 10/11p ordinary

Sale

18,367

2.6784 GBP

10 10/11p ordinary

Sale

17,849

2.6785 GBP

10 10/11p ordinary

Sale

17,279

2.6925 GBP

10 10/11p ordinary

Sale

14,318

2.6912 GBP

10 10/11p ordinary

Sale

9,313

2.6976 GBP

10 10/11p ordinary

Sale

7,454

2.7000 GBP

10 10/11p ordinary

Sale

7,190

2.6843 GBP

10 10/11p ordinary

Sale

6,758

2.6840 GBP

10 10/11p ordinary

Sale

6,706

2.7004 GBP

10 10/11p ordinary

Sale

6,160

2.7560 GBP

10 10/11p ordinary

Sale

5,842

2.6900 GBP

10 10/11p ordinary

Sale

5,805

2.6940 GBP

10 10/11p ordinary

Sale

5,737

2.6820 GBP

10 10/11p ordinary

Sale

5,382

2.6860 GBP

10 10/11p ordinary

Sale

4,976

2.6828 GBP

10 10/11p ordinary

Sale

4,137

2.6897 GBP

10 10/11p ordinary

Sale

4,119

2.6960 GBP

10 10/11p ordinary

Sale

3,732

2.6803 GBP

10 10/11p ordinary

Sale

2,750

2.7290 GBP

10 10/11p ordinary

Sale

2,735

2.6780 GBP

10 10/11p ordinary

Sale

2,700

2.6971 GBP

10 10/11p ordinary

Sale

2,525

2.7039 GBP

10 10/11p ordinary

Sale

2,015

2.7300 GBP

10 10/11p ordinary

Sale

1,911

2.6880 GBP

10 10/11p ordinary

Sale

1,861

2.7200 GBP

10 10/11p ordinary

Sale

1,539

2.6841 GBP

10 10/11p ordinary

Sale

978

2.7040 GBP

10 10/11p ordinary

Sale

891

2.7360 GBP

10 10/11p ordinary

Sale

873

2.7340 GBP

10 10/11p ordinary

Sale

836

2.7060 GBP

10 10/11p ordinary

Sale

782

2.7180 GBP

10 10/11p ordinary

Sale

753

2.6980 GBP

10 10/11p ordinary

Sale

587

2.6800 GBP

10 10/11p ordinary

Sale

552

2.7220 GBP

10 10/11p ordinary

Sale

535

2.7140 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

182,400

2.6811 GBP

10 10/11p ordinary

SWAP

Increasing Short

13,550

2.6815 GBP

10 10/11p ordinary

SWAP

Increasing Short

65,143

2.6816 GBP

10 10/11p ordinary

SWAP

Increasing Short

344,684

2.6827 GBP

10 10/11p ordinary

SWAP

Increasing Short

492

2.7679 GBP

10 10/11p ordinary

SWAP

Decreasing Short

198,054

2.6440 GBP

10 10/11p ordinary

SWAP

Decreasing Short

127,106

2.6643 GBP

10 10/11p ordinary

SWAP

Decreasing Short

359

2.6696 GBP

10 10/11p ordinary

SWAP

Decreasing Short

200,000

2.6788 GBP

10 10/11p ordinary

SWAP

Decreasing Short

28,970

2.6820 GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,253

2.6832 GBP

10 10/11p ordinary

SWAP

Decreasing Short

85,423

2.6838 GBP

10 10/11p ordinary

SWAP

Decreasing Short

154,931

2.6845 GBP

10 10/11p ordinary

SWAP

Decreasing Short

91,906

2.6858 GBP

10 10/11p ordinary

SWAP

Decreasing Short

139,612

2.6861 GBP

10 10/11p ordinary

SWAP

Decreasing Short

303,066

2.6864 GBP

10 10/11p ordinary

SWAP

Decreasing Short

94,481

2.6889 GBP

10 10/11p ordinary

SWAP

Decreasing Short

74,306

2.6893 GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,318

2.6912 GBP

10 10/11p ordinary

SWAP

Decreasing Short

54,769

2.6945 GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,228

2.6968 GBP

10 10/11p ordinary

SWAP

Decreasing Short

112,095

2.7049 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,477

2.7113 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,750

2.7290 GBP

10 10/11p ordinary

SWAP

Decreasing Short

9

2.7900 GBP

10 10/11p ordinary

SWAP

Increasing Short

143,442

2.6440 GBP

10 10/11p ordinary

SWAP

Increasing Short

28,852

2.6486 GBP

10 10/11p ordinary

SWAP

Increasing Short

575

2.6820 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,767

2.6839 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,287

2.6879 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,549

2.6917 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,000

2.6930 GBP

10 10/11p ordinary

SWAP

Increasing Short

124,127

2.6940 GBP

10 10/11p ordinary

SWAP

Increasing Short

101,983

2.6956 GBP

10 10/11p ordinary

SWAP

Increasing Short

300

2.7220 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,747

2.7580 GBP

10 10/11p ordinary

CFD

Decreasing Short

68,565

2.6811 GBP

10 10/11p ordinary

CFD

Decreasing Short

102,029

2.6855 GBP

10 10/11p ordinary

CFD

Decreasing Short

55,655

2.6918 GBP

10 10/11p ordinary

CFD

Increasing Short

49,796

2.6442 GBP

10 10/11p ordinary

CFD

Increasing Short

11,229

2.6770 GBP

10 10/11p ordinary

CFD

Increasing Short

4,825

2.7558 GBP

10 10/11p ordinary

CFD

Increasing Short

7,908

2.7589 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:

07 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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