4th Jun 2025 15:27
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: | 03 Jun 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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| 42,811,693 | 3.26% | 3,841,683 | 0.29% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 4,141,795 | 0.32% | 42,086,467 | 3.21% |
(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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| 46,953,488 | 3.58% | 45,928,150
| 3.50% |
(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 | 158,416 | 3.0100 GBP | ||||
10 10/11p ordinary | Purchase | 133,410 | 3.0170 GBP | ||||
10 10/11p ordinary | Purchase | 60,875 | 3.0251 GBP | ||||
10 10/11p ordinary | Purchase | 42,935 | 3.0188 GBP | ||||
10 10/11p ordinary | Purchase | 31,828 | 3.0275 GBP | ||||
10 10/11p ordinary | Purchase | 17,778 | 3.0229 GBP | ||||
10 10/11p ordinary | Purchase | 16,640 | 3.0205 GBP | ||||
10 10/11p ordinary | Purchase | 11,528 | 3.0259 GBP | ||||
10 10/11p ordinary | Purchase | 10,111 | 3.0300 GBP | ||||
10 10/11p ordinary | Purchase | 6,413 | 3.0277 GBP | ||||
10 10/11p ordinary | Purchase | 2,254 | 3.0276 GBP | ||||
10 10/11p ordinary | Purchase | 1,938 | 3.0260 GBP | ||||
10 10/11p ordinary | Purchase | 1,326 | 3.0233 GBP | ||||
10 10/11p ordinary | Purchase | 1,150 | 3.0200 GBP | ||||
10 10/11p ordinary | Purchase | 244 | 3.0301 GBP | ||||
10 10/11p ordinary | Sale | 127,307 | 3.0114 GBP | ||||
10 10/11p ordinary | Sale | 42,204 | 3.0113 GBP | ||||
10 10/11p ordinary | Sale | 33,061 | 3.0240 GBP | ||||
10 10/11p ordinary | Sale | 21,499 | 3.0099 GBP | ||||
10 10/11p ordinary | Sale | 17,111 | 3.0300 GBP | ||||
10 10/11p ordinary | Sale | 14,651 | 3.0100 GBP | ||||
10 10/11p ordinary | Sale | 12,586 | 3.0213 GBP | ||||
10 10/11p ordinary | Sale | 8,800 | 3.0296 GBP | ||||
10 10/11p ordinary | Sale | 6,840 | 3.0186 GBP | ||||
10 10/11p ordinary | Sale | 3,637 | 3.0318 GBP | ||||
10 10/11p ordinary | Sale | 3,482 | 3.0267 GBP | ||||
10 10/11p ordinary | Sale | 2,236 | 3.0247 GBP | ||||
10 10/11p ordinary | Sale | 2,142 | 3.0340 GBP | ||||
10 10/11p ordinary | Sale | 1,779 | 3.0262 GBP | ||||
10 10/11p ordinary | Sale | 818 | 3.0220 GBP | ||||
10 10/11p ordinary | Sale | 670 | 3.0147 GBP | ||||
10 10/11p ordinary | Sale | 1 | 3.0260 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 |
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security |
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10 10/11p ordinary | SWAP | Decreasing Short | 4,000 | 3.0097 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 21,499 | 3.0099 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 396 | 3.0100 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 14,965 | 3.0106 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 12,586 | 3.0213 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 28,165 | 3.0229 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 801 | 3.0238 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,482 | 3.0267 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 8,800 | 3.0296 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3 | 3.0300 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 4,896 | 3.0304 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,637 | 3.0318 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,142 | 3.0340 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 39,418 | 3.0100 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,487 | 3.0135 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 42,935 | 3.0188 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,589 | 3.0234 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 53,569 | 3.0251 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 11,528 | 3.0259 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 31,828 | 3.0275 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,254 | 3.0276 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 6,413 | 3.0277 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 3,545 | 3.0278 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 3,920 | 3.0178 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 29,712 | 3.0102 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 1,577 | 3.0164 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 12,794 | 3.0215 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 32,629 | 3.0218 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 16,579 | 3.0270 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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| relates |
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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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| securities | unit | |||
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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: | 04 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysDirect Line