18th Jun 2025 14:31
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): |
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(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: |
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(e) | Date position held/dealing undertaken: | 17 Jun 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: | 33,797,192 | 2.58% | 3,318,743 | 0.25% | |||
(2) Cash-settled derivatives: | 3,648,290 | 0.28% | 33,207,777 | 2.53% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 37,445,482 | 2.86% | 36,526,520 | 2.78% | |||
(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 | 252,188 | 3.0263 GBP | ||||
10 10/11p ordinary | Purchase | 228,073 | 3.0260 GBP | ||||
10 10/11p ordinary | Purchase | 171,375 | 3.0279 GBP | ||||
10 10/11p ordinary | Purchase | 130,458 | 3.0259 GBP | ||||
ADR | Purchase | 81,888 | 16.2600 USD | ||||
10 10/11p ordinary | Purchase | 57,698 | 3.0248 GBP | ||||
10 10/11p ordinary | Purchase | 35,437 | 3.0266 GBP | ||||
10 10/11p ordinary | Purchase | 33,290 | 3.0284 GBP | ||||
10 10/11p ordinary | Purchase | 26,973 | 3.0240 GBP | ||||
10 10/11p ordinary | Purchase | 22,376 | 3.0184 GBP | ||||
10 10/11p ordinary | Purchase | 22,203 | 3.0265 GBP | ||||
10 10/11p ordinary | Purchase | 21,988 | 3.0252 GBP | ||||
10 10/11p ordinary | Purchase | 15,813 | 3.0275 GBP | ||||
10 10/11p ordinary | Purchase | 14,167 | 3.0193 GBP | ||||
10 10/11p ordinary | Purchase | 13,125 | 3.0264 GBP | ||||
10 10/11p ordinary | Purchase | 11,487 | 3.0285 GBP | ||||
10 10/11p ordinary | Purchase | 8,471 | 3.0280 GBP | ||||
10 10/11p ordinary | Purchase | 7,208 | 3.0203 GBP | ||||
10 10/11p ordinary | Purchase | 6,832 | 3.0267 GBP | ||||
10 10/11p ordinary | Purchase | 6,670 | 3.0310 GBP | ||||
10 10/11p ordinary | Purchase | 4,905 | 3.0198 GBP | ||||
10 10/11p ordinary | Purchase | 4,895 | 3.0214 GBP | ||||
10 10/11p ordinary | Purchase | 4,697 | 3.0233 GBP | ||||
10 10/11p ordinary | Purchase | 4,682 | 3.0246 GBP | ||||
10 10/11p ordinary | Purchase | 4,542 | 3.0283 GBP | ||||
10 10/11p ordinary | Purchase | 3,119 | 3.0282 GBP | ||||
10 10/11p ordinary | Purchase | 2,281 | 3.0270 GBP | ||||
10 10/11p ordinary | Purchase | 281 | 2.9864 GBP | ||||
10 10/11p ordinary | Sale | 6,340,790 | 3.0273 GBP | ||||
10 10/11p ordinary | Sale | 2,905,623 | 3.0265 GBP | ||||
10 10/11p ordinary | Sale | 344,866 | 3.0260 GBP | ||||
10 10/11p ordinary | Sale | 177,410 | 3.0203 GBP | ||||
10 10/11p ordinary | Sale | 149,938 | 3.0230 GBP | ||||
10 10/11p ordinary | Sale | 111,230 | 3.0206 GBP | ||||
10 10/11p ordinary | Sale | 86,877 | 3.0266 GBP | ||||
10 10/11p ordinary | Sale | 72,590 | 3.0258 GBP | ||||
10 10/11p ordinary | Sale | 58,399 | 3.0255 GBP | ||||
10 10/11p ordinary | Sale | 48,468 | 3.0249 GBP | ||||
10 10/11p ordinary | Sale | 37,821 | 3.0210 GBP | ||||
10 10/11p ordinary | Sale | 33,286 | 3.0253 GBP | ||||
10 10/11p ordinary | Sale | 27,237 | 3.0198 GBP | ||||
10 10/11p ordinary | Sale | 14,478 | 3.0248 GBP | ||||
10 10/11p ordinary | Sale | 6,670 | 3.0310 GBP | ||||
10 10/11p ordinary | Sale | 6,297 | 3.0219 GBP | ||||
10 10/11p ordinary | Sale | 5,489 | 3.0259 GBP | ||||
10 10/11p ordinary | Sale | 3,529 | 3.0299 GBP | ||||
10 10/11p ordinary | Sale | 2,908 | 3.0274 GBP | ||||
10 10/11p ordinary | Sale | 2,654 | 3.0251 GBP | ||||
10 10/11p ordinary | Sale | 997 | 3.0252 GBP | ||||
10 10/11p ordinary | Sale | 822 | 3.0250 GBP | ||||
10 10/11p ordinary | Sale | 759 | 3.0285 GBP | ||||
10 10/11p ordinary | Sale | 674 | 3.0080 GBP | ||||
10 10/11p ordinary | Sale | 328 | 3.0240 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 | 281 | 2.9864 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,428 | 3.0079 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 11 | 3.0140 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 37,821 | 3.0210 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 250,000 | 3.0219 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 149,938 | 3.0230 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 80,809 | 3.0235 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 8,709 | 3.0240 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 137 | 3.0246 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 48,468 | 3.0249 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 7,500 | 3.0253 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 38,259 | 3.0258 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 5,489 | 3.0259 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,905,623 | 3.0265 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 86,877 | 3.0266 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,908 | 3.0274 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 22,574 | 3.0237 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,682 | 3.0246 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 21,120 | 3.0248 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 65,442 | 3.0252 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 107,100 | 3.0257 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 219,718 | 3.0260 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 123 | 3.0262 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 13,125 | 3.0264 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 87,244 | 3.0266 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,200 | 3.0270 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 6,691 | 3.0272 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 124,128 | 3.0278 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 38,728 | 3.0279 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 45,303 | 3.0282 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,542 | 3.0283 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 33,290 | 3.0284 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 11,487 | 3.0285 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 449 | 3.0300 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 15,300 | 3.0117 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 24,368 | 3.0193 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 912 | 3.0197 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 6,340,790 | 3.0273 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 51,396 | 3.0190 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 48,736 | 3.0193 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 22,669 | 3.0204 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 12,091 | 3.0205 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,124 | 3.0206 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 130,342 | 3.0268 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 21,350 | 3.0278 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 |
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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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 18 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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