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Form 8.3 - Direct Line Insurance Group Replacement

21st Feb 2025 15:15

RNS Number : 0824Y
Barclays PLC
21 February 2025
 

FORM 8.3 - Amendment to 3b

Replaces form Released at 13/12/2024 07:00 RNS Number : 0209Q

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:

04-Dec-24

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 AVIVA PLC

 disclosures in respect of any other party to the offer?

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:

20,286,434

1.55%

11,894,551

0.91%

(2) Cash-settled derivatives:

12,666,465

0.97%

17,317,153

1.32%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

32,952,899

2.51%

29,211,704

2.23%

 TOTAL:

 

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%

 

200,000

0.06%

0

0.00%

 TOTAL:

 

(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

Purchase/sale

Number of

Price per unit

 security

 securities

10 10/11p ordinary

Purchase

646,092

2.3221 GBP

10 10/11p ordinary

Purchase

500,000

2.3210 GBP

10 10/11p ordinary

Purchase

222,246

2.3265 GBP

10 10/11p ordinary

Purchase

179,016

2.3534 GBP

10 10/11p ordinary

Purchase

164,109

2.3580 GBP

10 10/11p ordinary

Purchase

160,587

2.3206 GBP

10 10/11p ordinary

Purchase

145,805

2.3680 GBP

10 10/11p ordinary

Purchase

130,975

2.3280 GBP

10 10/11p ordinary

Purchase

89,636

2.3267 GBP

10 10/11p ordinary

Purchase

66,504

2.3146 GBP

10 10/11p ordinary

Purchase

64,208

2.3185 GBP

10 10/11p ordinary

Purchase

57,561

2.3197 GBP

10 10/11p ordinary

Purchase

53,998

2.3525 GBP

10 10/11p ordinary

Purchase

53,244

2.3402 GBP

10 10/11p ordinary

Purchase

50,626

2.3179 GBP

10 10/11p ordinary

Purchase

48,295

2.3241 GBP

10 10/11p ordinary

Purchase

45,551

2.3677 GBP

10 10/11p ordinary

Purchase

44,379

2.3305 GBP

10 10/11p ordinary

Purchase

41,000

2.3270 GBP

10 10/11p ordinary

Purchase

39,313

2.3231 GBP

10 10/11p ordinary

Purchase

30,872

2.3303 GBP

10 10/11p ordinary

Purchase

30,600

2.3175 GBP

10 10/11p ordinary

Purchase

27,410

2.3226 GBP

10 10/11p ordinary

Purchase

21,427

2.3263 GBP

10 10/11p ordinary

Purchase

19,194

2.3202 GBP

ADR

Purchase

16,120

11.9488 USD

10 10/11p ordinary

Purchase

13,883

2.3260 GBP

10 10/11p ordinary

Purchase

11,465

2.3423 GBP

10 10/11p ordinary

Purchase

10,508

2.3405 GBP

10 10/11p ordinary

Purchase

9,912

2.3253 GBP

10 10/11p ordinary

Purchase

9,600

2.3213 GBP

10 10/11p ordinary

Purchase

8,833

2.3454 GBP

10 10/11p ordinary

Purchase

8,123

2.3458 GBP

10 10/11p ordinary

Purchase

5,832

2.3094 GBP

10 10/11p ordinary

Purchase

5,248

2.3108 GBP

10 10/11p ordinary

Purchase

4,934

2.3357 GBP

10 10/11p ordinary

Purchase

4,898

2.3000 GBP

10 10/11p ordinary

Purchase

4,712

2.3500 GBP

10 10/11p ordinary

Purchase

4,458

2.3294 GBP

10 10/11p ordinary

Purchase

4,229

2.3540 GBP

10 10/11p ordinary

Purchase

4,152

2.3247 GBP

10 10/11p ordinary

Purchase

4,063

2.3290 GBP

10 10/11p ordinary

Purchase

3,986

2.3160 GBP

10 10/11p ordinary

Purchase

3,553

2.3258 GBP

10 10/11p ordinary

Purchase

3,500

2.3731 GBP

10 10/11p ordinary

Purchase

3,120

2.3343 GBP

10 10/11p ordinary

Purchase

2,681

2.3220 GBP

10 10/11p ordinary

Purchase

2,649

2.3434 GBP

10 10/11p ordinary

Purchase

2,622

2.3320 GBP

10 10/11p ordinary

Purchase

2,160

2.3050 GBP

10 10/11p ordinary

Purchase

1,954

2.3200 GBP

10 10/11p ordinary

Purchase

1,424

2.3420 GBP

10 10/11p ordinary

Purchase

1,214

2.3520 GBP

10 10/11p ordinary

Purchase

1,000

2.3240 GBP

10 10/11p ordinary

Purchase

800

2.3390 GBP

10 10/11p ordinary

Purchase

693

2.3120 GBP

10 10/11p ordinary

Purchase

286

2.2960 GBP

10 10/11p ordinary

Purchase

133

2.3180 GBP

10 10/11p ordinary

Purchase

77

2.3681 GBP

ADR

Purchase

40

11.9500 USD

10 10/11p ordinary

Sale

2,140,651

2.3261 GBP

10 10/11p ordinary

Sale

928,964

2.3650 GBP

10 10/11p ordinary

Sale

187,420

2.3270 GBP

10 10/11p ordinary

Sale

163,672

2.3307 GBP

10 10/11p ordinary

Sale

144,315

2.3680 GBP

10 10/11p ordinary

Sale

139,757

2.3573 GBP

10 10/11p ordinary

Sale

91,500

2.3288 GBP

10 10/11p ordinary

Sale

84,170

2.3183 GBP

10 10/11p ordinary

Sale

72,487

2.3295 GBP

10 10/11p ordinary

Sale

63,168

2.3321 GBP

10 10/11p ordinary

Sale

49,468

2.3180 GBP

10 10/11p ordinary

Sale

45,139

2.3269 GBP

10 10/11p ordinary

Sale

38,619

2.3037 GBP

10 10/11p ordinary

Sale

36,161

2.3308 GBP

10 10/11p ordinary

Sale

33,062

2.3216 GBP

10 10/11p ordinary

Sale

31,152

2.3277 GBP

10 10/11p ordinary

Sale

30,994

2.3391 GBP

10 10/11p ordinary

Sale

23,994

2.3312 GBP

10 10/11p ordinary

Sale

21,721

2.3404 GBP

10 10/11p ordinary

Sale

21,169

2.3297 GBP

10 10/11p ordinary

Sale

18,610

2.3436 GBP

10 10/11p ordinary

Sale

18,524

2.3265 GBP

10 10/11p ordinary

Sale

18,217

2.3117 GBP

ADR

Sale

16,120

11.9488 USD

10 10/11p ordinary

Sale

15,487

2.3341 GBP

10 10/11p ordinary

Sale

14,480

2.3399 GBP

10 10/11p ordinary

Sale

11,297

2.3480 GBP

10 10/11p ordinary

Sale

10,000

2.3546 GBP

10 10/11p ordinary

Sale

9,563

2.3675 GBP

10 10/11p ordinary

Sale

9,128

2.3447 GBP

10 10/11p ordinary

Sale

6,879

2.3482 GBP

10 10/11p ordinary

Sale

5,414

2.3426 GBP

10 10/11p ordinary

Sale

4,912

2.3500 GBP

10 10/11p ordinary

Sale

4,358

2.3238 GBP

10 10/11p ordinary

Sale

4,254

2.3242 GBP

10 10/11p ordinary

Sale

4,229

2.3540 GBP

10 10/11p ordinary

Sale

3,941

2.3290 GBP

10 10/11p ordinary

Sale

3,534

2.3157 GBP

10 10/11p ordinary

Sale

2,681

2.3220 GBP

10 10/11p ordinary

Sale

2,622

2.3320 GBP

10 10/11p ordinary

Sale

2,300

2.3280 GBP

10 10/11p ordinary

Sale

2,240

2.3597 GBP

10 10/11p ordinary

Sale

2,215

2.3080 GBP

10 10/11p ordinary

Sale

1,954

2.3200 GBP

10 10/11p ordinary

Sale

1,881

2.3140 GBP

10 10/11p ordinary

Sale

1,757

2.3260 GBP

10 10/11p ordinary

Sale

1,637

2.3574 GBP

10 10/11p ordinary

Sale

1,607

2.3160 GBP

10 10/11p ordinary

Sale

1,131

2.3486 GBP

10 10/11p ordinary

Sale

1,000

2.3240 GBP

10 10/11p ordinary

Sale

212

2.3526 GBP

ADR

Sale

40

11.9500 USD

10 10/11p ordinary

Sale

20

2.3520 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

10 10/11p ordinary

SWAP

Decreasing Short

2,215

2.3080 GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,534

2.3157 GBP

10 10/11p ordinary

SWAP

Decreasing Short

60,035

2.3159 GBP

10 10/11p ordinary

SWAP

Decreasing Short

47,439

2.3197 GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,590

2.3226 GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,500

2.3253 GBP

10 10/11p ordinary

SWAP

Decreasing Short

18,524

2.3265 GBP

10 10/11p ordinary

SWAP

Decreasing Short

82,852

2.3267 GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,152

2.3277 GBP

10 10/11p ordinary

SWAP

Decreasing Short

120,000

2.3278 GBP

10 10/11p ordinary

SWAP

Decreasing Short

21,169

2.3297 GBP

10 10/11p ordinary

SWAP

Decreasing Short

18,500

2.3298 GBP

10 10/11p ordinary

SWAP

Decreasing Short

36,161

2.3308 GBP

10 10/11p ordinary

SWAP

Decreasing Short

26,432

2.3310 GBP

10 10/11p ordinary

SWAP

Decreasing Short

23,994

2.3312 GBP

10 10/11p ordinary

SWAP

Decreasing Short

50,145

2.3323 GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,974

2.3341 GBP

10 10/11p ordinary

SWAP

Decreasing Short

44,400

2.3355 GBP

10 10/11p ordinary

SWAP

Decreasing Short

30,994

2.3391 GBP

10 10/11p ordinary

SWAP

Decreasing Short

136

2.3457 GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,297

2.3480 GBP

10 10/11p ordinary

SWAP

Decreasing Short

44,502

2.3525 GBP

10 10/11p ordinary

SWAP

Decreasing Short

37,461

2.3647 GBP

10 10/11p ordinary

SWAP

Decreasing Short

9,563

2.3675 GBP

10 10/11p ordinary

SWAP

Decreasing Short

430,095

2.3679 GBP

10 10/11p ordinary

SWAP

Decreasing Short

439,183

2.3680 GBP

10 10/11p ordinary

SWAP

Increasing Short

4,898

2.3000 GBP

10 10/11p ordinary

SWAP

Increasing Short

2,160

2.3050 GBP

10 10/11p ordinary

SWAP

Increasing Short

5,248

2.3108 GBP

10 10/11p ordinary

SWAP

Increasing Short

966

2.3160 GBP

10 10/11p ordinary

SWAP

Increasing Short

21,427

2.3263 GBP

10 10/11p ordinary

SWAP

Increasing Short

46,562

2.3285 GBP

10 10/11p ordinary

SWAP

Increasing Short

7,642

2.3329 GBP

10 10/11p ordinary

SWAP

Increasing Short

413

2.3409 GBP

10 10/11p ordinary

SWAP

Increasing Short

287

2.3441 GBP

10 10/11p ordinary

SWAP

Increasing Short

8,123

2.3458 GBP

10 10/11p ordinary

SWAP

Increasing Short

56,813

2.3680 GBP

10 10/11p ordinary

SWAP

Increasing Short

77

2.3681 GBP

10 10/11p ordinary

CFD

Decreasing Short

844

2.3179 GBP

10 10/11p ordinary

CFD

Decreasing Short

8,084

2.3437 GBP

10 10/11p ordinary

CFD

Decreasing Short

19,918

2.3453 GBP

10 10/11p ordinary

CFD

Decreasing Short

8,792

2.3484 GBP

10 10/11p ordinary

CFD

Increasing Short

4,458

2.3294 GBP

10 10/11p ordinary

CFD

Increasing Short

6,161

2.3464 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 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

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

21-Feb-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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