1st Jul 2025 14:57
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: | 30 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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| 28,970,316 | 2.21% | 11,785,989 | 0.89% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 12,021,116 | 0.92% | 28,391,290 | 2.16% |
(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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| 40,991,432 | 3.13% | 40,177,279 | 3.06% |
(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 | 252,972 | 3.0661 GBP | ||||
10 10/11p ordinary | Purchase | 142,359 | 3.0660 GBP | ||||
10 10/11p ordinary | Purchase | 19,296 | 3.0665 GBP | ||||
10 10/11p ordinary | Purchase | 12,736 | 3.0636 GBP | ||||
10 10/11p ordinary | Purchase | 11,549 | 3.0544 GBP | ||||
10 10/11p ordinary | Purchase | 8,287 | 3.0615 GBP | ||||
10 10/11p ordinary | Purchase | 6,609 | 3.0668 GBP | ||||
10 10/11p ordinary | Purchase | 5,483 | 3.0676 GBP | ||||
10 10/11p ordinary | Purchase | 3,792 | 3.0753 GBP | ||||
10 10/11p ordinary | Purchase | 2,066 | 3.0640 GBP | ||||
10 10/11p ordinary | Purchase | 1,831 | 3.0645 GBP | ||||
10 10/11p ordinary | Purchase | 1,658 | 3.0685 GBP | ||||
10 10/11p ordinary | Purchase | 1,354 | 3.0735 GBP | ||||
10 10/11p ordinary | Purchase | 1,345 | 3.0720 GBP | ||||
10 10/11p ordinary | Purchase | 1,139 | 3.0670 GBP | ||||
10 10/11p ordinary | Purchase | 500 | 3.0740 GBP | ||||
10 10/11p ordinary | Purchase | 264 | 3.0780 GBP | ||||
10 10/11p ordinary | Purchase | 68 | 3.0647 GBP | ||||
10 10/11p ordinary | Purchase | 25 | 3.0678 GBP | ||||
10 10/11p ordinary | Purchase | 17 | 3.0695 GBP | ||||
10 10/11p ordinary | Purchase | 9 | 3.0680 GBP | ||||
10 10/11p ordinary | Purchase | 2 | 3.0700 GBP | ||||
10 10/11p ordinary | Sale | 346,097 | 3.0660 GBP | ||||
10 10/11p ordinary | Sale | 167,814 | 3.0652 GBP | ||||
10 10/11p ordinary | Sale | 111,165 | 3.0614 GBP | ||||
10 10/11p ordinary | Sale | 74,808 | 3.0641 GBP | ||||
10 10/11p ordinary | Sale | 43,227 | 3.0623 GBP | ||||
10 10/11p ordinary | Sale | 37,049 | 3.0637 GBP | ||||
10 10/11p ordinary | Sale | 33,165 | 3.0657 GBP | ||||
10 10/11p ordinary | Sale | 25,210 | 3.0636 GBP | ||||
10 10/11p ordinary | Sale | 15,005 | 3.0653 GBP | ||||
10 10/11p ordinary | Sale | 7,203 | 3.0580 GBP | ||||
10 10/11p ordinary | Sale | 5,436 | 3.0654 GBP | ||||
10 10/11p ordinary | Sale | 4,477 | 3.0627 GBP | ||||
10 10/11p ordinary | Sale | 4,208 | 3.0650 GBP | ||||
10 10/11p ordinary | Sale | 4,162 | 3.0633 GBP | ||||
10 10/11p ordinary | Sale | 3,836 | 3.0671 GBP | ||||
10 10/11p ordinary | Sale | 1,813 | 3.0620 GBP | ||||
10 10/11p ordinary | Sale | 1,112 | 3.0697 GBP | ||||
10 10/11p ordinary | Sale | 864 | 3.0640 GBP | ||||
10 10/11p ordinary | Sale | 638 | 3.0720 GBP | ||||
10 10/11p ordinary | Sale | 451 | 3.0740 GBP | ||||
10 10/11p ordinary | Sale | 408 | 3.0680 GBP | ||||
10 10/11p ordinary | Sale | 264 | 3.0780 GBP | ||||
10 10/11p ordinary | Sale | 208 | 3.0363 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 Long | 105,715 | 3.0613 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,400 | 3.0621 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 39,027 | 3.0622 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 5,450 | 3.0628 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 7,401 | 3.0631 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 4,162 | 3.0633 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,222 | 3.0634 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 41,868 | 3.0637 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 74,808 | 3.0641 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 42,391 | 3.0643 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 309 | 3.0644 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 5,789 | 3.0649 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 33,165 | 3.0657 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 321,189 | 3.0660 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 11,549 | 3.0544 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,066 | 3.0640 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 315 | 3.0642 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,831 | 3.0645 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,035 | 3.0650 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 272,862 | 3.0660 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 56,615 | 3.0668 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 18,194 | 3.0685 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 82 | 3.0740 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,792 | 3.0753 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 7,203 | 3.0579 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 127,790 | 3.0654 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 11,675 | 3.0660 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 25,525 | 3.0662 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: | 01 Jul 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysDirect Line