Form 8.3 DIRECT LINE INSURANCE GROUP PLC.


    12 May 2025 15:02:05
  • Source: Sharecast
RNS Number : 3107I
Barclays PLC
12 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

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:

09 May 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:



39,605,483

3.02%

6,329,460

0.48%

(2)

Cash-settled derivatives:






and/or controlled:



6,649,028

0.51%

38,811,526

2.96%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



46,254,511

3.53%

45,140,986

 

3.44%

(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

151,222

2.9110  GBP

10 10/11p ordinary

Purchase

73,497

2.9120  GBP

10 10/11p ordinary

Purchase

45,741

2.9113  GBP

10 10/11p ordinary

Purchase

12,597

2.9108  GBP

10 10/11p ordinary

Purchase

9,503

2.8982  GBP

10 10/11p ordinary

Purchase

6,190

2.9005  GBP

10 10/11p ordinary

Purchase

6,103

2.9080  GBP

10 10/11p ordinary

Purchase

3,453

2.8940  GBP

10 10/11p ordinary

Purchase

3,296

2.9020  GBP

10 10/11p ordinary

Purchase

2,722

2.9017  GBP

10 10/11p ordinary

Purchase

2,358

2.8990  GBP

10 10/11p ordinary

Purchase

2,172

2.8968  GBP

10 10/11p ordinary

Purchase

2,081

2.9060  GBP

10 10/11p ordinary

Purchase

1,728

2.9063  GBP

10 10/11p ordinary

Purchase

1,249

2.9164  GBP

10 10/11p ordinary

Purchase

1,086

2.9085  GBP

10 10/11p ordinary

Purchase

982

2.8960  GBP

10 10/11p ordinary

Purchase

840

2.9160  GBP

10 10/11p ordinary

Purchase

780

2.9076  GBP

10 10/11p ordinary

Purchase

745

2.9132  GBP

10 10/11p ordinary

Purchase

697

2.9000  GBP

10 10/11p ordinary

Purchase

483

2.9180  GBP

10 10/11p ordinary

Purchase

207

2.9100  GBP

10 10/11p ordinary

Purchase

94

2.9040  GBP

10 10/11p ordinary

Purchase

88

2.9086  GBP

10 10/11p ordinary

Sale

265,010

2.9120  GBP

10 10/11p ordinary

Sale

64,803

2.9095  GBP

10 10/11p ordinary

Sale

20,911

2.9060  GBP

10 10/11p ordinary

Sale

17,723

2.9040  GBP

10 10/11p ordinary

Sale

13,486

2.9071  GBP

10 10/11p ordinary

Sale

5,270

2.9067  GBP

10 10/11p ordinary

Sale

4,804

2.8939  GBP

10 10/11p ordinary

Sale

3,355

2.9107  GBP

10 10/11p ordinary

Sale

2,947

2.9051  GBP

10 10/11p ordinary

Sale

2,177

2.9085  GBP

10 10/11p ordinary

Sale

1,914

2.9117  GBP

10 10/11p ordinary

Sale

1,847

2.9018  GBP

10 10/11p ordinary

Sale

1,726

2.9119  GBP

10 10/11p ordinary

Sale

1,455

2.8987  GBP

10 10/11p ordinary

Sale

1,450

2.9004  GBP

10 10/11p ordinary

Sale

1,143

2.9020  GBP

10 10/11p ordinary

Sale

840

2.9160  GBP

10 10/11p ordinary

Sale

669

2.9180  GBP

10 10/11p ordinary

Sale

571

2.9167  GBP

10 10/11p ordinary

Sale

488

2.9124  GBP

10 10/11p ordinary

Sale

420

2.9139  GBP

10 10/11p ordinary

Sale

393

2.9138  GBP

10 10/11p ordinary

Sale

57

2.9077  GBP

10 10/11p ordinary

Sale

12

2.9200  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

Decreasing Short

4,804

2.8939  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,455

2.8987  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,497

2.9034  GBP

10 10/11p ordinary

SWAP

Decreasing Short

17,723

2.9040  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,947

2.9050  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,270

2.9067  GBP

10 10/11p ordinary

SWAP

Decreasing Short

57

2.9077  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,369

2.9085  GBP

10 10/11p ordinary

SWAP

Decreasing Short

64,803

2.9095  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,914

2.9117  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,726

2.9119  GBP

10 10/11p ordinary

SWAP

Decreasing Short

265,826

2.9120  GBP

10 10/11p ordinary

SWAP

Decreasing Short

488

2.9124  GBP

10 10/11p ordinary

SWAP

Decreasing Short

393

2.9138  GBP

10 10/11p ordinary

SWAP

Decreasing Short

420

2.9139  GBP

10 10/11p ordinary

SWAP

Decreasing Short

74

2.9164  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,501

2.8941  GBP

10 10/11p ordinary

SWAP

Increasing Short

8,601

2.8979  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,000

2.8982  GBP

10 10/11p ordinary

SWAP

Increasing Short

697

2.9000  GBP

10 10/11p ordinary

SWAP

Increasing Short

902

2.9012  GBP

10 10/11p ordinary

SWAP

Increasing Short

518

2.9020  GBP

10 10/11p ordinary

SWAP

Increasing Short

207

2.9100  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,698

2.9106  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,899

2.9110  GBP

10 10/11p ordinary

SWAP

Increasing Short

12,742

2.9117  GBP

10 10/11p ordinary

SWAP

Increasing Short

131,378

2.9120  GBP

10 10/11p ordinary

CFD

Decreasing Short

7,119

2.8968  GBP

10 10/11p ordinary

CFD

Decreasing Short

4,704

2.9095  GBP

10 10/11p ordinary

CFD

Increasing Short

13,653

2.9040  GBP

10 10/11p ordinary

CFD

Increasing Short

3,282

2.9102  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:

12 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RETPKBBDNBKDKPD

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.