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12 May 2025 15:02:05
- Source: Sharecast

FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
09 May 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
AVIVA PLC |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
10 10/11p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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39,605,483 |
3.02% |
6,329,460 |
0.48% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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6,649,028 |
0.51% |
38,811,526 |
2.96% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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46,254,511 |
3.53% |
45,140,986
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3.44% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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10 10/11p ordinary |
Purchase |
151,222 |
2.9110 GBP |
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10 10/11p ordinary |
Purchase |
73,497 |
2.9120 GBP |
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10 10/11p ordinary |
Purchase |
45,741 |
2.9113 GBP |
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10 10/11p ordinary |
Purchase |
12,597 |
2.9108 GBP |
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10 10/11p ordinary |
Purchase |
9,503 |
2.8982 GBP |
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10 10/11p ordinary |
Purchase |
6,190 |
2.9005 GBP |
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10 10/11p ordinary |
Purchase |
6,103 |
2.9080 GBP |
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10 10/11p ordinary |
Purchase |
3,453 |
2.8940 GBP |
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10 10/11p ordinary |
Purchase |
3,296 |
2.9020 GBP |
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10 10/11p ordinary |
Purchase |
2,722 |
2.9017 GBP |
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10 10/11p ordinary |
Purchase |
2,358 |
2.8990 GBP |
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10 10/11p ordinary |
Purchase |
2,172 |
2.8968 GBP |
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10 10/11p ordinary |
Purchase |
2,081 |
2.9060 GBP |
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10 10/11p ordinary |
Purchase |
1,728 |
2.9063 GBP |
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10 10/11p ordinary |
Purchase |
1,249 |
2.9164 GBP |
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10 10/11p ordinary |
Purchase |
1,086 |
2.9085 GBP |
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10 10/11p ordinary |
Purchase |
982 |
2.8960 GBP |
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10 10/11p ordinary |
Purchase |
840 |
2.9160 GBP |
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10 10/11p ordinary |
Purchase |
780 |
2.9076 GBP |
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10 10/11p ordinary |
Purchase |
745 |
2.9132 GBP |
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10 10/11p ordinary |
Purchase |
697 |
2.9000 GBP |
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10 10/11p ordinary |
Purchase |
483 |
2.9180 GBP |
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10 10/11p ordinary |
Purchase |
207 |
2.9100 GBP |
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10 10/11p ordinary |
Purchase |
94 |
2.9040 GBP |
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10 10/11p ordinary |
Purchase |
88 |
2.9086 GBP |
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10 10/11p ordinary |
Sale |
265,010 |
2.9120 GBP |
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10 10/11p ordinary |
Sale |
64,803 |
2.9095 GBP |
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10 10/11p ordinary |
Sale |
20,911 |
2.9060 GBP |
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10 10/11p ordinary |
Sale |
17,723 |
2.9040 GBP |
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10 10/11p ordinary |
Sale |
13,486 |
2.9071 GBP |
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10 10/11p ordinary |
Sale |
5,270 |
2.9067 GBP |
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10 10/11p ordinary |
Sale |
4,804 |
2.8939 GBP |
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10 10/11p ordinary |
Sale |
3,355 |
2.9107 GBP |
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10 10/11p ordinary |
Sale |
2,947 |
2.9051 GBP |
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10 10/11p ordinary |
Sale |
2,177 |
2.9085 GBP |
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10 10/11p ordinary |
Sale |
1,914 |
2.9117 GBP |
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10 10/11p ordinary |
Sale |
1,847 |
2.9018 GBP |
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10 10/11p ordinary |
Sale |
1,726 |
2.9119 GBP |
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10 10/11p ordinary |
Sale |
1,455 |
2.8987 GBP |
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10 10/11p ordinary |
Sale |
1,450 |
2.9004 GBP |
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10 10/11p ordinary |
Sale |
1,143 |
2.9020 GBP |
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10 10/11p ordinary |
Sale |
840 |
2.9160 GBP |
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10 10/11p ordinary |
Sale |
669 |
2.9180 GBP |
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10 10/11p ordinary |
Sale |
571 |
2.9167 GBP |
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10 10/11p ordinary |
Sale |
488 |
2.9124 GBP |
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10 10/11p ordinary |
Sale |
420 |
2.9139 GBP |
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10 10/11p ordinary |
Sale |
393 |
2.9138 GBP |
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10 10/11p ordinary |
Sale |
57 |
2.9077 GBP |
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10 10/11p ordinary |
Sale |
12 |
2.9200 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,804 |
2.8939 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,455 |
2.8987 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,497 |
2.9034 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
17,723 |
2.9040 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,947 |
2.9050 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
5,270 |
2.9067 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
57 |
2.9077 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,369 |
2.9085 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
64,803 |
2.9095 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,914 |
2.9117 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,726 |
2.9119 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
265,826 |
2.9120 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
488 |
2.9124 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
393 |
2.9138 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
420 |
2.9139 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
74 |
2.9164 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,501 |
2.8941 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
8,601 |
2.8979 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,000 |
2.8982 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
697 |
2.9000 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
902 |
2.9012 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
518 |
2.9020 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
207 |
2.9100 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
6,698 |
2.9106 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,899 |
2.9110 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
12,742 |
2.9117 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
131,378 |
2.9120 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
7,119 |
2.8968 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
4,704 |
2.9095 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
13,653 |
2.9040 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
3,282 |
2.9102 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
12 May 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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