14th Feb 2025 12:14
FORM 8.3 Amendment to 2A and 3A | |||||||
Replaces form Released at 10/02/2025 15:19 RNS Number : 5699W | |||||||
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: | 07 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: | 15,205,990 | 1.15% | 14,343,796 | 1.09% | |||
(2) Cash-settled derivatives: | 15,092,365 | 1.15% | 15,199,409 | 1.16% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 30,285,688 | 2.31% | 29,543,205 | 2.25% | |||
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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% | |||
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(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 | 336,490 | 2.6820 GBP | ||||
10 10/11p ordinary | Purchase | 35,027 | 2.6793 GBP | ||||
10 10/11p ordinary | Purchase | 24,494 | 2.6817 GBP | ||||
10 10/11p ordinary | Purchase | 18,422 | 2.6912 GBP | ||||
10 10/11p ordinary | Purchase | 12,667 | 2.6749 GBP | ||||
10 10/11p ordinary | Purchase | 9,369 | 2.6785 GBP | ||||
10 10/11p ordinary | Purchase | 8,875 | 2.6790 GBP | ||||
10 10/11p ordinary | Purchase | 3,846 | 2.6760 GBP | ||||
10 10/11p ordinary | Purchase | 3,454 | 2.6794 GBP | ||||
10 10/11p ordinary | Purchase | 3,264 | 2.6741 GBP | ||||
10 10/11p ordinary | Purchase | 3,075 | 2.6780 GBP | ||||
10 10/11p ordinary | Purchase | 1,159 | 2.6700 GBP | ||||
10 10/11p ordinary | Purchase | 1,035 | 2.6880 GBP | ||||
10 10/11p ordinary | Purchase | 654 | 2.6660 GBP | ||||
10 10/11p ordinary | Purchase | 281 | 2.6709 GBP | ||||
10 10/11p ordinary | Purchase | 124 | 2.6640 GBP | ||||
10 10/11p ordinary | Sale | 181,780 | 2.6819 GBP | ||||
10 10/11p ordinary | Sale | 158,193 | 2.6809 GBP | ||||
10 10/11p ordinary | Sale | 26,344 | 2.6864 GBP | ||||
10 10/11p ordinary | Sale | 24,300 | 2.6779 GBP | ||||
10 10/11p ordinary | Sale | 23,790 | 2.6820 GBP | ||||
10 10/11p ordinary | Sale | 12,012 | 2.6803 GBP | ||||
10 10/11p ordinary | Sale | 6,091 | 2.6740 GBP | ||||
10 10/11p ordinary | Sale | 4,881 | 2.6765 GBP | ||||
10 10/11p ordinary | Sale | 4,337 | 2.6752 GBP | ||||
10 10/11p ordinary | Sale | 4,333 | 2.6844 GBP | ||||
10 10/11p ordinary | Sale | 3,991 | 2.6762 GBP | ||||
10 10/11p ordinary | Sale | 3,987 | 2.6780 GBP | ||||
10 10/11p ordinary | Sale | 3,978 | 2.6760 GBP | ||||
10 10/11p ordinary | Sale | 3,817 | 2.6667 GBP | ||||
10 10/11p ordinary | Sale | 3,602 | 2.6847 GBP | ||||
10 10/11p ordinary | Sale | 1,474 | 2.6700 GBP | ||||
10 10/11p ordinary | Sale | 1,236 | 2.6680 GBP | ||||
10 10/11p ordinary | Sale | 1,192 | 2.6853 GBP | ||||
10 10/11p ordinary | Sale | 1,172 | 2.6870 GBP | ||||
10 10/11p ordinary | Sale | 752 | 2.6830 GBP | ||||
10 10/11p ordinary | Sale | 654 | 2.6660 GBP | ||||
10 10/11p ordinary | Sale | 613 | 2.6744 GBP | ||||
10 10/11p ordinary | Sale | 124 | 2.6640 GBP | ||||
10 10/11p ordinary | Sale | 111 | 2.6818 GBP | ||||
10 10/11p ordinary | Sale | 99 | 2.6739 GBP | ||||
10 10/11p ordinary | Sale | 36 | 2.6772 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 | 4,500 | 2.6728 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 99 | 2.6739 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 6,091 | 2.6740 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 2,602 | 2.6754 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 30,797 | 2.6770 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 36 | 2.6772 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 7,670 | 2.6773 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 47,030 | 2.6780 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 19,800 | 2.6791 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 12,012 | 2.6803 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 111 | 2.6817 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 181,780 | 2.6819 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 122,810 | 2.6820 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,265 | 2.6846 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,602 | 2.6847 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,784 | 2.6680 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,264 | 2.6741 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 363 | 2.6760 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 7,774 | 2.6775 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 311 | 2.6780 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 35,027 | 2.6793 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,454 | 2.6794 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 23,065 | 2.6812 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 208,222 | 2.6820 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 88,621 | 2.6821 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 4,457 | 2.6849 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 78 | 2.6880 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 2,031 | 2.6758 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 8,665 | 2.6793 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: | 14 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |