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22 May 2025 15:20:40
- 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: |
16 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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40,902,616 |
3.12% |
53,58,584 |
0.40% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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5,870,126 |
0.45% |
40,099,898 |
3.06% |
(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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46,772,742 |
3.57% |
45,458,482 |
3.46% |
(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 |
174,150 |
2.9229 GBP |
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10 10/11p ordinary |
Purchase |
145,084 |
2.9220 GBP |
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10 10/11p ordinary |
Purchase |
122,917 |
2.9239 GBP |
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10 10/11p ordinary |
Purchase |
106,041 |
2.9203 GBP |
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10 10/11p ordinary |
Purchase |
97,097 |
2.9246 GBP |
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10 10/11p ordinary |
Purchase |
56,048 |
2.9205 GBP |
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10 10/11p ordinary |
Purchase |
53,887 |
2.9280 GBP |
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10 10/11p ordinary |
Purchase |
38,343 |
2.9232 GBP |
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10 10/11p ordinary |
Purchase |
37,837 |
2.9217 GBP |
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10 10/11p ordinary |
Purchase |
29,286 |
2.9255 GBP |
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10 10/11p ordinary |
Purchase |
26,873 |
2.9235 GBP |
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10 10/11p ordinary |
Purchase |
21,342 |
2.9237 GBP |
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10 10/11p ordinary |
Purchase |
16,445 |
2.9233 GBP |
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10 10/11p ordinary |
Purchase |
11,247 |
2.9266 GBP |
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10 10/11p ordinary |
Purchase |
9,020 |
2.9211 GBP |
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10 10/11p ordinary |
Purchase |
7,756 |
2.9252 GBP |
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10 10/11p ordinary |
Purchase |
7,097 |
2.9251 GBP |
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10 10/11p ordinary |
Purchase |
5,230 |
2.9224 GBP |
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10 10/11p ordinary |
Purchase |
3,391 |
2.9260 GBP |
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10 10/11p ordinary |
Purchase |
3,327 |
2.9282 GBP |
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10 10/11p ordinary |
Purchase |
3,246 |
2.9240 GBP |
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10 10/11p ordinary |
Purchase |
3,035 |
2.9213 GBP |
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10 10/11p ordinary |
Purchase |
846 |
2.9200 GBP |
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10 10/11p ordinary |
Sale |
197,333 |
2.9280 GBP |
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10 10/11p ordinary |
Sale |
134,808 |
2.9255 GBP |
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10 10/11p ordinary |
Sale |
106,783 |
2.9250 GBP |
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10 10/11p ordinary |
Sale |
100,121 |
2.9221 GBP |
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10 10/11p ordinary |
Sale |
78,095 |
2.9224 GBP |
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10 10/11p ordinary |
Sale |
66,270 |
2.9240 GBP |
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10 10/11p ordinary |
Sale |
50,895 |
2.9241 GBP |
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10 10/11p ordinary |
Sale |
36,077 |
2.9276 GBP |
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10 10/11p ordinary |
Sale |
23,911 |
2.9202 GBP |
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10 10/11p ordinary |
Sale |
13,252 |
2.9247 GBP |
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10 10/11p ordinary |
Sale |
13,093 |
2.9204 GBP |
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10 10/11p ordinary |
Sale |
11,282 |
2.9294 GBP |
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10 10/11p ordinary |
Sale |
11,247 |
2.9266 GBP |
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10 10/11p ordinary |
Sale |
10,537 |
2.9203 GBP |
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10 10/11p ordinary |
Sale |
9,150 |
2.9205 GBP |
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10 10/11p ordinary |
Sale |
9,027 |
2.9206 GBP |
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10 10/11p ordinary |
Sale |
8,653 |
2.9237 GBP |
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10 10/11p ordinary |
Sale |
3,322 |
2.9234 GBP |
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10 10/11p ordinary |
Sale |
3,093 |
2.9260 GBP |
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10 10/11p ordinary |
Sale |
2,663 |
2.9230 GBP |
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10 10/11p ordinary |
Sale |
1,364 |
2.9216 GBP |
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10 10/11p ordinary |
Sale |
1,200 |
2.9242 GBP |
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10 10/11p ordinary |
Sale |
900 |
2.9180 GBP |
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10 10/11p ordinary |
Sale |
774 |
2.9279 GBP |
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10 10/11p ordinary |
Sale |
370 |
2.9219 GBP |
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10 10/11p ordinary |
Sale |
351 |
2.9257 GBP |
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10 10/11p ordinary |
Sale |
351 |
2.9200 GBP |
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10 10/11p ordinary |
Sale |
341 |
2.9239 GBP |
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10 10/11p ordinary |
Sale |
247 |
2.9220 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 |
1,012 |
2.9184 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
351 |
2.9200 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
624 |
2.9206 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,364 |
2.9216 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,256 |
2.9218 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
135 |
2.9220 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
100,121 |
2.9221 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,663 |
2.9230 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,322 |
2.9234 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
341 |
2.9239 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
63,024 |
2.9240 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,200 |
2.9242 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,452 |
2.9246 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
13,252 |
2.9247 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
413 |
2.9251 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
351 |
2.9257 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,864 |
2.9259 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
774 |
2.9279 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
31,651 |
2.9280 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
11,282 |
2.9294 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,020 |
2.9211 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,035 |
2.9213 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
13,831 |
2.9232 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
59,810 |
2.9235 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
15,600 |
2.9239 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
64,160 |
2.9252 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
798 |
2.9255 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
298 |
2.9260 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
36,925 |
2.9280 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,327 |
2.9282 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
74,163 |
2.9221 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: |
22 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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