Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Form 8.3 DIRECT LINE INSURANCE GROUP PLC

25th Apr 2025 15:10

RNS Number : 2905G
Barclays PLC
25 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 relevant securities this form relates:

DIRECT LINE INSURANCE GROUP PLC

(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:

24 Apr 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

YES: 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:

38,518,168

2.94%

5,800,541

0.44%

(2) Cash-settled derivatives:

6,062,715

0.46%

37,624,630

2.87%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

44,580,883

3.40%

43,425,171

3.31%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

10 10/11p ordinary

Purchase

433,500

2.7899 GBP

10 10/11p ordinary

Purchase

255,000

2.7957 GBP

10 10/11p ordinary

Purchase

250,000

2.7840 GBP

10 10/11p ordinary

Purchase

250,000

2.7918 GBP

10 10/11p ordinary

Purchase

180,080

2.7844 GBP

10 10/11p ordinary

Purchase

95,772

2.7910 GBP

10 10/11p ordinary

Purchase

80,646

2.7900 GBP

10 10/11p ordinary

Purchase

48,951

2.7950 GBP

10 10/11p ordinary

Purchase

47,717

2.7778 GBP

10 10/11p ordinary

Purchase

43,241

2.7928 GBP

10 10/11p ordinary

Purchase

33,911

2.7853 GBP

10 10/11p ordinary

Purchase

22,917

2.7962 GBP

10 10/11p ordinary

Purchase

21,098

2.7880 GBP

10 10/11p ordinary

Purchase

20,034

2.7842 GBP

10 10/11p ordinary

Purchase

9,616

2.7871 GBP

10 10/11p ordinary

Purchase

8,391

2.7854 GBP

10 10/11p ordinary

Purchase

5,569

2.7887 GBP

10 10/11p ordinary

Purchase

5,482

2.7903 GBP

10 10/11p ordinary

Purchase

4,943

2.7908 GBP

10 10/11p ordinary

Purchase

3,833

2.7920 GBP

10 10/11p ordinary

Purchase

3,289

2.7860 GBP

10 10/11p ordinary

Purchase

3,121

2.7800 GBP

10 10/11p ordinary

Purchase

2,842

2.7812 GBP

10 10/11p ordinary

Purchase

2,769

2.7917 GBP

10 10/11p ordinary

Purchase

2,450

2.7818 GBP

10 10/11p ordinary

Purchase

2,137

2.7843 GBP

10 10/11p ordinary

Purchase

2,098

2.7830 GBP

10 10/11p ordinary

Purchase

1,233

2.7960 GBP

10 10/11p ordinary

Purchase

999

2.7820 GBP

10 10/11p ordinary

Purchase

930

2.7914 GBP

10 10/11p ordinary

Purchase

815

2.7687 GBP

10 10/11p ordinary

Purchase

810

2.7780 GBP

10 10/11p ordinary

Purchase

269

2.7882 GBP

10 10/11p ordinary

Sale

196,619

2.7836 GBP

10 10/11p ordinary

Sale

100,472

2.7800 GBP

10 10/11p ordinary

Sale

48,371

2.7807 GBP

10 10/11p ordinary

Sale

47,134

2.7779 GBP

10 10/11p ordinary

Sale

36,589

2.7830 GBP

10 10/11p ordinary

Sale

36,252

2.7913 GBP

10 10/11p ordinary

Sale

31,425

2.7855 GBP

10 10/11p ordinary

Sale

23,208

2.7774 GBP

10 10/11p ordinary

Sale

17,400

2.7892 GBP

10 10/11p ordinary

Sale

12,512

2.7757 GBP

10 10/11p ordinary

Sale

9,461

2.7760 GBP

10 10/11p ordinary

Sale

6,321

2.7796 GBP

10 10/11p ordinary

Sale

5,206

2.7884 GBP

10 10/11p ordinary

Sale

4,964

2.7857 GBP

10 10/11p ordinary

Sale

4,595

2.7886 GBP

10 10/11p ordinary

Sale

3,335

2.7814 GBP

10 10/11p ordinary

Sale

2,374

2.7765 GBP

10 10/11p ordinary

Sale

2,179

2.7889 GBP

10 10/11p ordinary

Sale

2,083

2.7740 GBP

10 10/11p ordinary

Sale

1,986

2.7770 GBP

10 10/11p ordinary

Sale

1,225

2.7818 GBP

10 10/11p ordinary

Sale

930

2.7917 GBP

10 10/11p ordinary

Sale

815

2.7690 GBP

10 10/11p ordinary

Sale

705

2.7900 GBP

10 10/11p ordinary

Sale

270

2.7799 GBP

10 10/11p ordinary

Sale

269

2.7885 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10 10/11p ordinary

SWAP

Increasing Short

433,500

2.7899 GBP

10 10/11p ordinary

SWAP

Increasing Short

255,000

2.7957 GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,031

2.7768 GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,667

2.7771 GBP

10 10/11p ordinary

SWAP

Decreasing Short

47,134

2.7779 GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,306

2.7800 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,669

2.7805 GBP

10 10/11p ordinary

SWAP

Decreasing Short

48,271

2.7807 GBP

10 10/11p ordinary

SWAP

Decreasing Short

196,619

2.7836 GBP

10 10/11p ordinary

SWAP

Decreasing Short

100

2.7859 GBP

10 10/11p ordinary

SWAP

Increasing Short

15,153

2.7800 GBP

10 10/11p ordinary

SWAP

Increasing Short

26,114

2.7801 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,098

2.7830 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,770

2.7831 GBP

10 10/11p ordinary

SWAP

Increasing Short

250,000

2.7840 GBP

10 10/11p ordinary

SWAP

Increasing Short

34,619

2.7877 GBP

10 10/11p ordinary

SWAP

Increasing Short

2

2.7880 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,251

2.7891 GBP

10 10/11p ordinary

SWAP

Increasing Short

11,838

2.7895 GBP

10 10/11p ordinary

SWAP

Increasing Short

90,501

2.7910 GBP

10 10/11p ordinary

SWAP

Increasing Short

295,767

2.7918 GBP

10 10/11p ordinary

SWAP

Increasing Short

43,241

2.7928 GBP

10 10/11p ordinary

SWAP

Increasing Short

48,951

2.7950 GBP

10 10/11p ordinary

CFD

Decreasing Short

13,037

2.7771 GBP

10 10/11p ordinary

CFD

Decreasing Short

11,076

2.7906 GBP

10 10/11p ordinary

CFD

Increasing Short

2,842

2.7812 GBP

10 10/11p ordinary

CFD

Increasing Short

1,225

2.7819 GBP

10 10/11p ordinary

CFD

Increasing Short

1,949

2.7860 GBP

10 10/11p ordinary

CFD

Increasing Short

55,002

2.7872 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

 

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

25 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RETPKPBKQBKDFQB

Related Shares:

BarclaysDirect Line
FTSE 100 Latest
Value8,850.63
Change-34.29