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Form 8.3 DIRECT LINE INSURANCE GROUP Replacement

20th Jun 2025 17:45

RNS Number : 8392N
Barclays PLC
20 June 2025
 

FORM 8.3

Amendment - this form replaces RNS number 4367N published at 14:31 on 18/06/2025, changes made to section 2a and 3a.

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:

17 Jun 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:

 

 

35,237,613

2.68%

3,318,743

0.25%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

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:

 

 

38,885,903

2.96%

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

10 10/11p ordinary

Purchase

1,500,000

3.0126 GBP

10 10/11p ordinary

Purchase

252,188

3.0263 GBP

10 10/11p ordinary

Purchase

171,375

3.0279 GBP

10 10/11p ordinary

Purchase

168,494

3.0260 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

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

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

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:

20 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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