7th Apr 2025 13:07
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 |
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| 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 |
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| 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: |
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| disclosures in respect of any other party to the offer? | AVIVA PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 10 10/11p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 36,098,336 | 2.75% | 8,628,614 | 0.65% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,889,755 | 0.68% | 34,930,732 | 2.66% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 44,988,091 | 3.43% | 43,559,346 | 3.32% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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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 | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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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 | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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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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Related Shares:
BarclaysDirect Line