Form 8.3 DIRECT LINE INSURANCE GROUP PLC.


    08 May 2025 14:49:25
  • Source: Sharecast
RNS Number : 9435H
Barclays PLC
08 May 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:

07 May 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:

39,364,410

3.00%

6,100,315

0.46%

(2) Cash-settled derivatives:

6,416,991

0.49%

38,715,725

2.95%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

45,781,401

3.49%

44,816,040

3.41%

(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

244,131

2.9046  GBP

10 10/11p ordinary

Purchase

49,100

2.8969  GBP

10 10/11p ordinary

Purchase

36,576

2.9006  GBP

10 10/11p ordinary

Purchase

30,528

2.8955  GBP

10 10/11p ordinary

Purchase

28,248

2.9100  GBP

10 10/11p ordinary

Purchase

22,470

2.8994  GBP

10 10/11p ordinary

Purchase

17,469

2.9042  GBP

10 10/11p ordinary

Purchase

16,226

2.9011  GBP

10 10/11p ordinary

Purchase

10,656

2.8933  GBP

10 10/11p ordinary

Purchase

9,666

2.9048  GBP

10 10/11p ordinary

Purchase

8,411

2.9029  GBP

10 10/11p ordinary

Purchase

7,260

2.8991  GBP

10 10/11p ordinary

Purchase

7,070

2.9010  GBP

10 10/11p ordinary

Purchase

6,547

2.8976  GBP

10 10/11p ordinary

Purchase

5,103

2.9056  GBP

10 10/11p ordinary

Purchase

4,781

2.9045  GBP

10 10/11p ordinary

Purchase

3,991

2.9016  GBP

10 10/11p ordinary

Purchase

3,852

2.8980  GBP

10 10/11p ordinary

Purchase

3,296

2.8946  GBP

10 10/11p ordinary

Purchase

3,191

2.8981  GBP

10 10/11p ordinary

Purchase

2,881

2.8960  GBP

10 10/11p ordinary

Purchase

2,772

2.9020  GBP

10 10/11p ordinary

Purchase

2,360

2.8968  GBP

10 10/11p ordinary

Purchase

1,172

2.9050  GBP

10 10/11p ordinary

Purchase

1,137

2.9019  GBP

10 10/11p ordinary

Purchase

920

2.9040  GBP

10 10/11p ordinary

Purchase

872

2.9071  GBP

10 10/11p ordinary

Purchase

24

2.8840  GBP

10 10/11p ordinary

Sale

71,164

2.9027  GBP

10 10/11p ordinary

Sale

60,713

2.9100  GBP

10 10/11p ordinary

Sale

56,241

2.8967  GBP

10 10/11p ordinary

Sale

48,366

2.8990  GBP

10 10/11p ordinary

Sale

37,350

2.9073  GBP

10 10/11p ordinary

Sale

35,985

2.8981  GBP

10 10/11p ordinary

Sale

20,968

2.8987  GBP

10 10/11p ordinary

Sale

10,064

2.9030  GBP

10 10/11p ordinary

Sale

9,666

2.9050  GBP

10 10/11p ordinary

Sale

7,306

2.9036  GBP

10 10/11p ordinary

Sale

7,084

2.8995  GBP

10 10/11p ordinary

Sale

6,908

2.9029  GBP

10 10/11p ordinary

Sale

2,881

2.8962  GBP

10 10/11p ordinary

Sale

2,772

2.9020  GBP

10 10/11p ordinary

Sale

1,970

2.8965  GBP

10 10/11p ordinary

Sale

1,599

2.9000  GBP

10 10/11p ordinary

Sale

1,247

2.9017  GBP

10 10/11p ordinary

Sale

962

2.8940  GBP

10 10/11p ordinary

Sale

920

2.9040  GBP

10 10/11p ordinary

Sale

590

2.9011  GBP

10 10/11p ordinary

Sale

214

2.8980  GBP

10 10/11p ordinary

Sale

77

2.8800  GBP

10 10/11p ordinary

Sale

70

2.9060  GBP

10 10/11p ordinary

Sale

24

2.8840  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

27,262

2.8959  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,970

2.8965  GBP

10 10/11p ordinary

SWAP

Decreasing Short

28,979

2.8975  GBP

10 10/11p ordinary

SWAP

Decreasing Short

380

2.8980  GBP

10 10/11p ordinary

SWAP

Decreasing Short

35,985

2.8981  GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,968

2.8987  GBP

10 10/11p ordinary

SWAP

Decreasing Short

590

2.9011  GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,871

2.9029  GBP

10 10/11p ordinary

SWAP

Decreasing Short

46

2.9030  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,306

2.9036  GBP

10 10/11p ordinary

SWAP

Decreasing Short

635

2.9043  GBP

10 10/11p ordinary

SWAP

Decreasing Short

67

2.9100  GBP

10 10/11p ordinary

SWAP

Increasing Short

10,656

2.8933  GBP

10 10/11p ordinary

SWAP

Increasing Short

30,528

2.8955  GBP

10 10/11p ordinary

SWAP

Increasing Short

28,500

2.8958  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,102

2.8968  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,256

2.8975  GBP

10 10/11p ordinary

SWAP

Increasing Short

20,600

2.8984  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,642

2.9045  GBP

10 10/11p ordinary

SWAP

Increasing Short

50,824

2.9099  GBP

10 10/11p ordinary

SWAP

Increasing Short

33,074

2.9100  GBP

10 10/11p ordinary

CFD

Decreasing Short

70

2.9060  GBP

10 10/11p ordinary

CFD

Increasing Short

96,442

2.8992  GBP

10 10/11p ordinary

CFD

Increasing Short

920

2.9040  GBP

10 10/11p ordinary

CFD

Increasing Short

5,103

2.9056  GBP

10 10/11p ordinary

CFD

Increasing Short

9,518

2.9065  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:

08 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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