27th Feb 2025 07:00
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 21/02/2025 10:19 RNS Number : 0509Y | |||||||
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: | 20 Feb 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: | 20,177,073 | 1.54% | 9,851,660 | 0.75% | |||
(2) Cash-settled derivatives: | 10,557,529 | 0.81% | 17,762,655 | 1.35% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 30,734,602 | 2.34% | 27,614,315 | 2.11% | |||
Class of relevant security: | Restricted Tier 1 Note XS1728036366 | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 200,000 | 0.06% | 0 | 0.00% | |||
(2) Cash-settled derivatives: | 0 | 0.00% | 0 | 0.00% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 200,000 | 0.06% | 0 | 0.00% | |||
(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 | 1,000,000 | 2.6467 GBP | ||||
10 10/11p ordinary | Purchase | 1,000,000 | 2.6374 GBP | ||||
10 10/11p ordinary | Purchase | 750,000 | 2.6427 GBP | ||||
10 10/11p ordinary | Purchase | 600,000 | 2.6305 GBP | ||||
10 10/11p ordinary | Purchase | 500,000 | 2.6385 GBP | ||||
10 10/11p ordinary | Purchase | 400,000 | 2.6344 GBP | ||||
10 10/11p ordinary | Purchase | 300,000 | 2.6383 GBP | ||||
10 10/11p ordinary | Purchase | 180,500 | 2.6303 GBP | ||||
10 10/11p ordinary | Purchase | 112,617 | 2.6316 GBP | ||||
10 10/11p ordinary | Purchase | 63,603 | 2.6300 GBP | ||||
10 10/11p ordinary | Purchase | 45,347 | 2.6329 GBP | ||||
10 10/11p ordinary | Purchase | 30,874 | 2.6466 GBP | ||||
10 10/11p ordinary | Purchase | 22,777 | 2.6460 GBP | ||||
10 10/11p ordinary | Purchase | 16,363 | 2.6348 GBP | ||||
10 10/11p ordinary | Purchase | 15,755 | 2.6462 GBP | ||||
10 10/11p ordinary | Purchase | 6,964 | 2.6389 GBP | ||||
10 10/11p ordinary | Purchase | 6,491 | 2.6487 GBP | ||||
10 10/11p ordinary | Purchase | 6,272 | 2.6451 GBP | ||||
10 10/11p ordinary | Purchase | 5,911 | 2.6419 GBP | ||||
10 10/11p ordinary | Purchase | 5,616 | 2.6534 GBP | ||||
10 10/11p ordinary | Purchase | 5,264 | 2.6420 GBP | ||||
10 10/11p ordinary | Purchase | 4,324 | 2.6384 GBP | ||||
10 10/11p ordinary | Purchase | 3,399 | 2.6479 GBP | ||||
10 10/11p ordinary | Purchase | 3,095 | 2.6362 GBP | ||||
10 10/11p ordinary | Purchase | 1,802 | 2.6406 GBP | ||||
10 10/11p ordinary | Purchase | 1,070 | 2.6546 GBP | ||||
10 10/11p ordinary | Purchase | 1,034 | 2.6520 GBP | ||||
10 10/11p ordinary | Purchase | 112 | 2.6480 GBP | ||||
10 10/11p ordinary | Purchase | 36 | 2.6340 GBP | ||||
10 10/11p ordinary | Purchase | 2 | 2.6400 GBP | ||||
10 10/11p ordinary | Sale | 198,965 | 2.6346 GBP | ||||
10 10/11p ordinary | Sale | 142,209 | 2.6341 GBP | ||||
10 10/11p ordinary | Sale | 118,765 | 2.6300 GBP | ||||
10 10/11p ordinary | Sale | 117,900 | 2.6363 GBP | ||||
10 10/11p ordinary | Sale | 97,822 | 2.6354 GBP | ||||
10 10/11p ordinary | Sale | 71,826 | 2.6344 GBP | ||||
10 10/11p ordinary | Sale | 70,972 | 2.6461 GBP | ||||
10 10/11p ordinary | Sale | 46,417 | 2.6335 GBP | ||||
10 10/11p ordinary | Sale | 37,824 | 2.6349 GBP | ||||
10 10/11p ordinary | Sale | 32,073 | 2.6299 GBP | ||||
10 10/11p ordinary | Sale | 25,833 | 2.6347 GBP | ||||
10 10/11p ordinary | Sale | 25,733 | 2.6345 GBP | ||||
10 10/11p ordinary | Sale | 13,495 | 2.6470 GBP | ||||
10 10/11p ordinary | Sale | 4,882 | 2.6396 GBP | ||||
10 10/11p ordinary | Sale | 4,578 | 2.6369 GBP | ||||
10 10/11p ordinary | Sale | 3,271 | 2.6380 GBP | ||||
10 10/11p ordinary | Sale | 2,049 | 2.6340 GBP | ||||
10 10/11p ordinary | Sale | 1,997 | 2.6375 GBP | ||||
10 10/11p ordinary | Sale | 1,372 | 2.6440 GBP | ||||
10 10/11p ordinary | Sale | 1,191 | 2.6320 GBP | ||||
10 10/11p ordinary | Sale | 1,034 | 2.6520 GBP | ||||
10 10/11p ordinary | Sale | 1,034 | 2.6522 GBP | ||||
10 10/11p ordinary | Sale | 474 | 2.6324 GBP | ||||
10 10/11p ordinary | Sale | 439 | 2.6359 GBP | ||||
10 10/11p ordinary | Sale | 112 | 2.6480 GBP | ||||
10 10/11p ordinary | Sale | 83 | 2.6482 GBP | ||||
10 10/11p ordinary | Sale | 29 | 2.6483 GBP | ||||
10 10/11p ordinary | Sale | 19 | 2.6350 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 Long | 124,329 | 2.6300 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 107 | 2.6339 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 25 | 2.6340 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 197,451 | 2.6342 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 17,301 | 2.6343 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 127,426 | 2.6344 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 191,153 | 2.6346 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 77,182 | 2.6349 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 12,547 | 2.6350 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 62,300 | 2.6379 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,271 | 2.6380 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 16,655 | 2.6394 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 6,187 | 2.6421 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 97,773 | 2.6301 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 500 | 2.6303 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 284 | 2.6340 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 32,977 | 2.6342 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 400,000 | 2.6344 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 16,363 | 2.6348 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 15,319 | 2.6357 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 43 | 2.6360 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,095 | 2.6362 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,680,000 | 2.6370 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,185 | 2.6376 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 300,000 | 2.6383 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 822 | 2.6396 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 5,911 | 2.6419 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 5,264 | 2.6420 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 9,357 | 2.6438 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,000,000 | 2.6467 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 8,796 | 2.6478 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 29,521 | 2.6370 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 35 | 2.6542 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: | 27 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||