Form 8.3 DIRECT LINE INSURANCE GROUP PLC.


    28 April 2025 23:06:54
  • Source: Sharecast
RNS Number : 4785G
Barclays PLC
28 April 2025
 

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):

 

(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:

 

(e)

Date position held/dealing undertaken:

25 Apr 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:

38,963,598

2.97%

5,850,059

0.44%

(2) Cash-settled derivatives:

6,122,401

0.47%

38,071,300

2.90%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

45,085,999

3.44%

43,921,359

3.34%

(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

361,507

2.7844  GBP

10 10/11p ordinary

Purchase

234,353

2.7833  GBP

10 10/11p ordinary

Purchase

76,521

2.7888  GBP

10 10/11p ordinary

Purchase

49,243

2.7960  GBP

10 10/11p ordinary

Purchase

42,129

2.7879  GBP

10 10/11p ordinary

Purchase

38,493

2.7845  GBP

10 10/11p ordinary

Purchase

36,347

2.7829  GBP

10 10/11p ordinary

Purchase

23,260

2.7950  GBP

10 10/11p ordinary

Purchase

21,381

2.7891  GBP

10 10/11p ordinary

Purchase

19,973

2.7859  GBP

10 10/11p ordinary

Purchase

9,308

2.7860  GBP

10 10/11p ordinary

Purchase

8,700

2.7852  GBP

10 10/11p ordinary

Purchase

7,115

2.7865  GBP

10 10/11p ordinary

Purchase

3,699

2.7837  GBP

10 10/11p ordinary

Purchase

3,679

2.7820  GBP

10 10/11p ordinary

Purchase

3,283

2.7864  GBP

10 10/11p ordinary

Purchase

2,970

2.7830  GBP

10 10/11p ordinary

Purchase

2,908

2.7868  GBP

10 10/11p ordinary

Purchase

2,816

2.7900  GBP

10 10/11p ordinary

Purchase

2,758

2.7873  GBP

10 10/11p ordinary

Purchase

2,340

2.7871  GBP

10 10/11p ordinary

Purchase

2,298

2.7842  GBP

10 10/11p ordinary

Purchase

2,222

2.7890  GBP

10 10/11p ordinary

Purchase

1,702

2.7850  GBP

10 10/11p ordinary

Purchase

1,529

2.7832  GBP

10 10/11p ordinary

Purchase

1,139

2.7880  GBP

10 10/11p ordinary

Purchase

1,012

2.7800  GBP

10 10/11p ordinary

Purchase

987

2.7920  GBP

10 10/11p ordinary

Purchase

828

2.7848  GBP

10 10/11p ordinary

Purchase

642

2.7840  GBP

10 10/11p ordinary

Purchase

3

2.8000  GBP

10 10/11p ordinary

Sale

222,286

2.7945  GBP

10 10/11p ordinary

Sale

175,419

2.7857  GBP

10 10/11p ordinary

Sale

48,069

2.7845  GBP

10 10/11p ordinary

Sale

34,491

2.7960  GBP

10 10/11p ordinary

Sale

15,934

2.7842  GBP

10 10/11p ordinary

Sale

15,072

2.7885  GBP

10 10/11p ordinary

Sale

10,106

2.7943  GBP

10 10/11p ordinary

Sale

7,408

2.7871  GBP

10 10/11p ordinary

Sale

7,259

2.7840  GBP

10 10/11p ordinary

Sale

5,804

2.7820  GBP

10 10/11p ordinary

Sale

5,081

2.7850  GBP

10 10/11p ordinary

Sale

3,533

2.7839  GBP

10 10/11p ordinary

Sale

3,329

2.7866  GBP

10 10/11p ordinary

Sale

3,114

2.7860  GBP

10 10/11p ordinary

Sale

2,548

2.7825  GBP

10 10/11p ordinary

Sale

2,237

2.7855  GBP

10 10/11p ordinary

Sale

1,929

2.7900  GBP

10 10/11p ordinary

Sale

1,529

2.7834  GBP

10 10/11p ordinary

Sale

1,223

2.7838  GBP

10 10/11p ordinary

Sale

1,211

2.7780  GBP

10 10/11p ordinary

Sale

1,139

2.7880  GBP

10 10/11p ordinary

Sale

512

2.7740  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

Decreasing Short

100

2.7819  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,533

2.7839  GBP

10 10/11p ordinary

SWAP

Decreasing Short

497

2.7842  GBP

10 10/11p ordinary

SWAP

Decreasing Short

48,069

2.7845  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,843

2.7852  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,237

2.7855  GBP

10 10/11p ordinary

SWAP

Decreasing Short

170,576

2.7857  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,559

2.7885  GBP

10 10/11p ordinary

SWAP

Decreasing Short

109,167

2.7960  GBP

10 10/11p ordinary

SWAP

Increasing Short

313

2.7760  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,474

2.7828  GBP

10 10/11p ordinary

SWAP

Increasing Short

234,353

2.7833  GBP

10 10/11p ordinary

SWAP

Increasing Short

330

2.7840  GBP

10 10/11p ordinary

SWAP

Increasing Short

361,507

2.7844  GBP

10 10/11p ordinary

SWAP

Increasing Short

38,493

2.7845  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,707

2.7855  GBP

10 10/11p ordinary

SWAP

Increasing Short

346

2.7860  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,110

2.7865  GBP

10 10/11p ordinary

SWAP

Increasing Short

26,754

2.7877  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,375

2.7883  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,393

2.7888  GBP

10 10/11p ordinary

SWAP

Increasing Short

422

2.7960  GBP

10 10/11p ordinary

SWAP

Increasing Short

24,371

2.7961  GBP

10 10/11p ordinary

CFD

Decreasing Short

11,437

2.7855  GBP

10 10/11p ordinary

CFD

Decreasing Short

41,181

2.7945  GBP

10 10/11p ordinary

CFD

Increasing Short

1,276

2.7860  GBP

10 10/11p ordinary

CFD

Increasing Short

20,702

2.7862  GBP

10 10/11p ordinary

CFD

Increasing Short

3,005

2.7865  GBP

10 10/11p ordinary

CFD

Increasing Short

20,629

2.7866  GBP

10 10/11p ordinary

CFD

Increasing Short

8,622

2.7868  GBP

10 10/11p ordinary

CFD

Increasing Short

1

2.8000  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

 






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

 






Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

28 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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