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Form 8.3 DIRECT LINE INSURANCE GROUP PLC

8th Apr 2025 13:12

RNS Number : 1602E
Barclays PLC
08 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:

07 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:

 

 

35,046,952

2.67%

9,105,708

0.69%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

9,371,896

0.71%

34,009,562

2.59%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,418,848

3.39%

43,115,270

3.28%

(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

659,121

2.6044 GBP

10 10/11p ordinary

Purchase

530,580

2.6838 GBP

10 10/11p ordinary

Purchase

489,672

2.5817 GBP

10 10/11p ordinary

Purchase

207,358

2.5814 GBP

10 10/11p ordinary

Purchase

154,299

2.5660 GBP

10 10/11p ordinary

Purchase

105,031

2.6075 GBP

10 10/11p ordinary

Purchase

100,000

2.5675 GBP

10 10/11p ordinary

Purchase

99,083

2.5908 GBP

10 10/11p ordinary

Purchase

81,651

2.6099 GBP

10 10/11p ordinary

Purchase

59,609

2.6004 GBP

10 10/11p ordinary

Purchase

22,347

2.5918 GBP

10 10/11p ordinary

Purchase

11,291

2.5912 GBP

10 10/11p ordinary

Purchase

11,215

2.5982 GBP

10 10/11p ordinary

Purchase

10,633

2.5860 GBP

10 10/11p ordinary

Purchase

10,000

2.5674 GBP

10 10/11p ordinary

Purchase

9,124

2.6392 GBP

10 10/11p ordinary

Purchase

8,992

2.5881 GBP

10 10/11p ordinary

Purchase

7,950

2.5898 GBP

10 10/11p ordinary

Purchase

7,646

2.5909 GBP

10 10/11p ordinary

Purchase

7,605

2.5837 GBP

10 10/11p ordinary

Purchase

7,342

2.5916 GBP

10 10/11p ordinary

Purchase

5,632

2.5940 GBP

10 10/11p ordinary

Purchase

5,088

2.5980 GBP

10 10/11p ordinary

Purchase

4,751

2.6000 GBP

10 10/11p ordinary

Purchase

4,285

2.5880 GBP

10 10/11p ordinary

Purchase

3,600

2.5700 GBP

10 10/11p ordinary

Purchase

3,475

2.5761 GBP

10 10/11p ordinary

Purchase

3,155

2.6020 GBP

10 10/11p ordinary

Purchase

3,099

2.5854 GBP

10 10/11p ordinary

Purchase

3,000

2.5680 GBP

10 10/11p ordinary

Purchase

1,921

2.5840 GBP

10 10/11p ordinary

Purchase

1,692

2.5920 GBP

10 10/11p ordinary

Purchase

1,659

2.5780 GBP

10 10/11p ordinary

Purchase

1,613

2.5749 GBP

10 10/11p ordinary

Purchase

1,490

2.5405 GBP

10 10/11p ordinary

Purchase

1,174

2.5750 GBP

10 10/11p ordinary

Purchase

1,150

2.5960 GBP

10 10/11p ordinary

Purchase

1,095

2.5800 GBP

10 10/11p ordinary

Purchase

558

2.6060 GBP

10 10/11p ordinary

Purchase

382

2.5900 GBP

10 10/11p ordinary

Purchase

302

2.6040 GBP

10 10/11p ordinary

Purchase

294

2.6120 GBP

10 10/11p ordinary

Purchase

287

2.6080 GBP

10 10/11p ordinary

Purchase

286

2.6280 GBP

10 10/11p ordinary

Purchase

286

2.6220 GBP

10 10/11p ordinary

Purchase

285

2.6180 GBP

10 10/11p ordinary

Purchase

275

2.6600 GBP

10 10/11p ordinary

Purchase

271

2.6260 GBP

10 10/11p ordinary

Purchase

265

2.6740 GBP

10 10/11p ordinary

Purchase

262

2.6200 GBP

10 10/11p ordinary

Purchase

258

2.6420 GBP

10 10/11p ordinary

Purchase

230

2.5640 GBP

10 10/11p ordinary

Purchase

129

2.5740 GBP

10 10/11p ordinary

Purchase

80

2.5760 GBP

10 10/11p ordinary

Purchase

67

2.6160 GBP

10 10/11p ordinary

Sale

1,500,000

2.5649 GBP

10 10/11p ordinary

Sale

924,273

2.6061 GBP

10 10/11p ordinary

Sale

379,900

2.5833 GBP

10 10/11p ordinary

Sale

245,546

2.5841 GBP

10 10/11p ordinary

Sale

157,143

2.5948 GBP

10 10/11p ordinary

Sale

138,539

2.5889 GBP

10 10/11p ordinary

Sale

128,974

2.5660 GBP

10 10/11p ordinary

Sale

119,123

2.5575 GBP

10 10/11p ordinary

Sale

89,440

2.5893 GBP

10 10/11p ordinary

Sale

66,640

2.5892 GBP

10 10/11p ordinary

Sale

65,205

2.5817 GBP

10 10/11p ordinary

Sale

49,152

2.5856 GBP

10 10/11p ordinary

Sale

41,821

2.5802 GBP

10 10/11p ordinary

Sale

36,734

2.5916 GBP

10 10/11p ordinary

Sale

35,952

2.5785 GBP

10 10/11p ordinary

Sale

34,291

2.5711 GBP

10 10/11p ordinary

Sale

26,169

2.5760 GBP

10 10/11p ordinary

Sale

20,000

2.6053 GBP

10 10/11p ordinary

Sale

19,022

2.5905 GBP

10 10/11p ordinary

Sale

17,748

2.5871 GBP

10 10/11p ordinary

Sale

13,915

2.5860 GBP

10 10/11p ordinary

Sale

7,130

2.5951 GBP

10 10/11p ordinary

Sale

5,985

2.5923 GBP

10 10/11p ordinary

Sale

5,632

2.5940 GBP

10 10/11p ordinary

Sale

5,088

2.5980 GBP

10 10/11p ordinary

Sale

4,751

2.6000 GBP

10 10/11p ordinary

Sale

3,787

2.5794 GBP

10 10/11p ordinary

Sale

3,600

2.5700 GBP

10 10/11p ordinary

Sale

3,555

2.6020 GBP

10 10/11p ordinary

Sale

3,000

2.5680 GBP

10 10/11p ordinary

Sale

2,902

2.5815 GBP

10 10/11p ordinary

Sale

2,462

2.5880 GBP

10 10/11p ordinary

Sale

2,384

2.5976 GBP

10 10/11p ordinary

Sale

2,256

2.5867 GBP

10 10/11p ordinary

Sale

1,921

2.5840 GBP

10 10/11p ordinary

Sale

1,907

2.6072 GBP

10 10/11p ordinary

Sale

1,692

2.5920 GBP

10 10/11p ordinary

Sale

1,659

2.5780 GBP

10 10/11p ordinary

Sale

1,625

2.5934 GBP

10 10/11p ordinary

Sale

1,476

2.5778 GBP

10 10/11p ordinary

Sale

1,182

2.5862 GBP

10 10/11p ordinary

Sale

1,160

2.5878 GBP

10 10/11p ordinary

Sale

1,150

2.5960 GBP

10 10/11p ordinary

Sale

1,095

2.5800 GBP

10 10/11p ordinary

Sale

558

2.6060 GBP

10 10/11p ordinary

Sale

382

2.5900 GBP

10 10/11p ordinary

Sale

302

2.6040 GBP

10 10/11p ordinary

Sale

294

2.6120 GBP

10 10/11p ordinary

Sale

287

2.6080 GBP

10 10/11p ordinary

Sale

286

2.6220 GBP

10 10/11p ordinary

Sale

286

2.6280 GBP

10 10/11p ordinary

Sale

285

2.6180 GBP

10 10/11p ordinary

Sale

275

2.6600 GBP

10 10/11p ordinary

Sale

271

2.6260 GBP

10 10/11p ordinary

Sale

265

2.6740 GBP

10 10/11p ordinary

Sale

262

2.6200 GBP

10 10/11p ordinary

Sale

258

2.6420 GBP

10 10/11p ordinary

Sale

230

2.5640 GBP

10 10/11p ordinary

Sale

129

2.5740 GBP

10 10/11p ordinary

Sale

67

2.6160 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

489,672

2.5817 GBP

10 10/11p ordinary

SWAP

Increasing Short

530,580

2.6838 GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,451

2.5518 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,540

2.5576 GBP

10 10/11p ordinary

SWAP

Decreasing Short

98,672

2.5587 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,500,000

2.5648 GBP

10 10/11p ordinary

SWAP

Decreasing Short

49

2.5660 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,982

2.5722 GBP

10 10/11p ordinary

SWAP

Decreasing Short

26,089

2.5760 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,476

2.5778 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,787

2.5794 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,200

2.5802 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,902

2.5815 GBP

10 10/11p ordinary

SWAP

Decreasing Short

43,375

2.5817 GBP

10 10/11p ordinary

SWAP

Decreasing Short

86,958

2.5859 GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,182

2.5862 GBP

10 10/11p ordinary

SWAP

Decreasing Short

66,640

2.5892 GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,022

2.5905 GBP

10 10/11p ordinary

SWAP

Decreasing Short

377

2.5916 GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,945

2.5917 GBP

10 10/11p ordinary

SWAP

Decreasing Short

62,500

2.5919 GBP

10 10/11p ordinary

SWAP

Decreasing Short

78,600

2.5929 GBP

10 10/11p ordinary

SWAP

Decreasing Short

51,720

2.5940 GBP

10 10/11p ordinary

SWAP

Decreasing Short

157,143

2.5948 GBP

10 10/11p ordinary

SWAP

Decreasing Short

86,138

2.5951 GBP

10 10/11p ordinary

SWAP

Increasing Short

376

2.5260 GBP

10 10/11p ordinary

SWAP

Increasing Short

100,000

2.5674 GBP

10 10/11p ordinary

SWAP

Increasing Short

71,658

2.5681 GBP

10 10/11p ordinary

SWAP

Increasing Short

434

2.5718 GBP

10 10/11p ordinary

SWAP

Increasing Short

1,971

2.5743 GBP

10 10/11p ordinary

SWAP

Increasing Short

3,475

2.5761 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,580

2.5782 GBP

10 10/11p ordinary

SWAP

Increasing Short

54,084

2.5817 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,040

2.5832 GBP

10 10/11p ordinary

SWAP

Increasing Short

7,605

2.5837 GBP

10 10/11p ordinary

SWAP

Increasing Short

272

2.5880 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,992

2.5881 GBP

10 10/11p ordinary

SWAP

Increasing Short

99,083

2.5908 GBP

10 10/11p ordinary

SWAP

Increasing Short

9,124

2.6392 GBP

10 10/11p ordinary

CFD

Decreasing Short

197,029

2.5781 GBP

10 10/11p ordinary

CFD

Decreasing Short

277,075

2.5817 GBP

10 10/11p ordinary

CFD

Decreasing Short

380

2.5840 GBP

10 10/11p ordinary

CFD

Increasing Short

50,975

2.5805 GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,000

2.6053 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:

08 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
RETPKFBQDBKDCQK

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