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15 May 2025 14:53:10
- 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: |
14 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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40,239,935 |
3.07% |
5,754,237 |
0.43% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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6,260,377 |
0.48% |
39,487,792 |
3.01% |
(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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46,500,312 |
3.55% |
45,242,029 |
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 |
500,000 |
2.8783 GBP |
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10 10/11p ordinary |
Purchase |
200,473 |
2.8862 GBP |
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10 10/11p ordinary |
Purchase |
191,811 |
2.8899 GBP |
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10 10/11p ordinary |
Purchase |
185,206 |
2.8757 GBP |
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10 10/11p ordinary |
Purchase |
171,997 |
2.8849 GBP |
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10 10/11p ordinary |
Purchase |
152,586 |
2.8740 GBP |
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10 10/11p ordinary |
Purchase |
103,401 |
2.8844 GBP |
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10 10/11p ordinary |
Purchase |
39,157 |
2.8756 GBP |
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10 10/11p ordinary |
Purchase |
33,016 |
2.8853 GBP |
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10 10/11p ordinary |
Purchase |
23,300 |
2.8882 GBP |
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10 10/11p ordinary |
Purchase |
17,942 |
2.8981 GBP |
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10 10/11p ordinary |
Purchase |
15,265 |
2.8920 GBP |
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10 10/11p ordinary |
Purchase |
12,787 |
2.8872 GBP |
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10 10/11p ordinary |
Purchase |
8,978 |
2.8819 GBP |
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10 10/11p ordinary |
Purchase |
7,110 |
2.8762 GBP |
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10 10/11p ordinary |
Purchase |
6,426 |
2.8845 GBP |
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10 10/11p ordinary |
Purchase |
5,909 |
2.8930 GBP |
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10 10/11p ordinary |
Purchase |
5,415 |
2.8831 GBP |
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10 10/11p ordinary |
Purchase |
4,569 |
2.8827 GBP |
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10 10/11p ordinary |
Purchase |
2,481 |
2.8881 GBP |
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10 10/11p ordinary |
Purchase |
1,464 |
2.8919 GBP |
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10 10/11p ordinary |
Purchase |
1,384 |
2.8910 GBP |
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10 10/11p ordinary |
Purchase |
989 |
2.8501 GBP |
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10 10/11p ordinary |
Purchase |
768 |
2.8927 GBP |
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10 10/11p ordinary |
Purchase |
676 |
2.8870 GBP |
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10 10/11p ordinary |
Purchase |
348 |
2.8898 GBP |
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10 10/11p ordinary |
Purchase |
266 |
2.8720 GBP |
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10 10/11p ordinary |
Purchase |
206 |
2.8915 GBP |
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10 10/11p ordinary |
Purchase |
130 |
2.8858 GBP |
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10 10/11p ordinary |
Purchase |
129 |
2.8860 GBP |
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10 10/11p ordinary |
Purchase |
15 |
2.8857 GBP |
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10 10/11p ordinary |
Purchase |
4 |
2.8770 GBP |
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10 10/11p ordinary |
Purchase |
2 |
2.8717 GBP |
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10 10/11p ordinary |
Purchase |
1 |
2.8840 GBP |
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10 10/11p ordinary |
Sale |
151,632 |
2.8877 GBP |
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10 10/11p ordinary |
Sale |
98,791 |
2.8844 GBP |
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10 10/11p ordinary |
Sale |
73,790 |
2.8791 GBP |
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10 10/11p ordinary |
Sale |
56,617 |
2.8740 GBP |
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10 10/11p ordinary |
Sale |
45,519 |
2.8876 GBP |
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10 10/11p ordinary |
Sale |
44,914 |
2.8875 GBP |
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10 10/11p ordinary |
Sale |
28,808 |
2.8863 GBP |
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10 10/11p ordinary |
Sale |
24,914 |
2.8848 GBP |
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10 10/11p ordinary |
Sale |
16,603 |
2.8842 GBP |
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10 10/11p ordinary |
Sale |
10,039 |
2.8747 GBP |
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10 10/11p ordinary |
Sale |
4,724 |
2.8919 GBP |
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10 10/11p ordinary |
Sale |
3,619 |
2.8912 GBP |
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10 10/11p ordinary |
Sale |
1,533 |
2.8843 GBP |
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10 10/11p ordinary |
Sale |
1,516 |
2.8819 GBP |
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10 10/11p ordinary |
Sale |
558 |
2.8900 GBP |
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10 10/11p ordinary |
Sale |
494 |
2.8779 GBP |
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10 10/11p ordinary |
Sale |
363 |
2.8899 GBP |
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10 10/11p ordinary |
Sale |
306 |
2.8920 GBP |
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10 10/11p ordinary |
Sale |
206 |
2.8917 GBP |
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10 10/11p ordinary |
Sale |
129 |
2.8860 GBP |
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10 10/11p ordinary |
Sale |
105 |
2.8845 GBP |
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10 10/11p ordinary |
Sale |
12 |
2.8720 GBP |
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10 10/11p ordinary |
Sale |
1 |
2.8840 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 |
3 |
2.8500 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
10,039 |
2.8747 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
494 |
2.8779 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
71,884 |
2.8790 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
19,153 |
2.8835 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
105 |
2.8845 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,906 |
2.8846 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,106 |
2.8873 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
45,519 |
2.8876 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
19,544 |
2.8881 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
558 |
2.8900 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,724 |
2.8919 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
232,566 |
2.8740 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
12,297 |
2.8741 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
226,186 |
2.8760 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
500,000 |
2.8783 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,596 |
2.8818 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
103,401 |
2.8844 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,632 |
2.8847 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
171,997 |
2.8849 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
39,624 |
2.8861 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
35,727 |
2.8862 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,481 |
2.8881 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
23,300 |
2.8882 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
182,179 |
2.8902 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
15,265 |
2.8920 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
25 |
2.8960 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
14,244 |
2.8740 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
14 |
2.8742 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
9,967 |
2.8860 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
22,818 |
2.8887 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
670 |
2.8740 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
7,091 |
2.8747 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
7,110 |
2.8762 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: |
15 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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