Form 8.3 DIRECT LINE INSURANCE GROUP PLC.


    22 May 2025 15:20:40
  • Source: Sharecast
RNS Number : 8486J
Barclays PLC
22 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:

16 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:



40,902,616

3.12%

53,58,584

0.40%

(2)

Cash-settled derivatives:






and/or controlled:



5,870,126

0.45%

40,099,898

3.06%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



46,772,742

3.57%

45,458,482

3.46%

(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

174,150

2.9229  GBP

10 10/11p ordinary

Purchase

145,084

2.9220  GBP

10 10/11p ordinary

Purchase

122,917

2.9239  GBP

10 10/11p ordinary

Purchase

106,041

2.9203  GBP

10 10/11p ordinary

Purchase

97,097

2.9246  GBP

10 10/11p ordinary

Purchase

56,048

2.9205  GBP

10 10/11p ordinary

Purchase

53,887

2.9280  GBP

10 10/11p ordinary

Purchase

38,343

2.9232  GBP

10 10/11p ordinary

Purchase

37,837

2.9217  GBP

10 10/11p ordinary

Purchase

29,286

2.9255  GBP

10 10/11p ordinary

Purchase

26,873

2.9235  GBP

10 10/11p ordinary

Purchase

21,342

2.9237  GBP

10 10/11p ordinary

Purchase

16,445

2.9233  GBP

10 10/11p ordinary

Purchase

11,247

2.9266  GBP

10 10/11p ordinary

Purchase

9,020

2.9211  GBP

10 10/11p ordinary

Purchase

7,756

2.9252  GBP

10 10/11p ordinary

Purchase

7,097

2.9251  GBP

10 10/11p ordinary

Purchase

5,230

2.9224  GBP

10 10/11p ordinary

Purchase

3,391

2.9260  GBP

10 10/11p ordinary

Purchase

3,327

2.9282  GBP

10 10/11p ordinary

Purchase

3,246

2.9240  GBP

10 10/11p ordinary

Purchase

3,035

2.9213  GBP

10 10/11p ordinary

Purchase

846

2.9200  GBP

10 10/11p ordinary

Sale

197,333

2.9280  GBP

10 10/11p ordinary

Sale

134,808

2.9255  GBP

10 10/11p ordinary

Sale

106,783

2.9250  GBP

10 10/11p ordinary

Sale

100,121

2.9221  GBP

10 10/11p ordinary

Sale

78,095

2.9224  GBP

10 10/11p ordinary

Sale

66,270

2.9240  GBP

10 10/11p ordinary

Sale

50,895

2.9241  GBP

10 10/11p ordinary

Sale

36,077

2.9276  GBP

10 10/11p ordinary

Sale

23,911

2.9202  GBP

10 10/11p ordinary

Sale

13,252

2.9247  GBP

10 10/11p ordinary

Sale

13,093

2.9204  GBP

10 10/11p ordinary

Sale

11,282

2.9294  GBP

10 10/11p ordinary

Sale

11,247

2.9266  GBP

10 10/11p ordinary

Sale

10,537

2.9203  GBP

10 10/11p ordinary

Sale

9,150

2.9205  GBP

10 10/11p ordinary

Sale

9,027

2.9206  GBP

10 10/11p ordinary

Sale

8,653

2.9237  GBP

10 10/11p ordinary

Sale

3,322

2.9234  GBP

10 10/11p ordinary

Sale

3,093

2.9260  GBP

10 10/11p ordinary

Sale

2,663

2.9230  GBP

10 10/11p ordinary

Sale

1,364

2.9216  GBP

10 10/11p ordinary

Sale

1,200

2.9242  GBP

10 10/11p ordinary

Sale

900

2.9180  GBP

10 10/11p ordinary

Sale

774

2.9279  GBP

10 10/11p ordinary

Sale

370

2.9219  GBP

10 10/11p ordinary

Sale

351

2.9257  GBP

10 10/11p ordinary

Sale

351

2.9200  GBP

10 10/11p ordinary

Sale

341

2.9239  GBP

10 10/11p ordinary

Sale

247

2.9220  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

1,012

2.9184  GBP

10 10/11p ordinary

SWAP

Decreasing Short

351

2.9200  GBP

10 10/11p ordinary

SWAP

Decreasing Short

624

2.9206  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,364

2.9216  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,256

2.9218  GBP

10 10/11p ordinary

SWAP

Decreasing Short

135

2.9220  GBP

10 10/11p ordinary

SWAP

Decreasing Short

100,121

2.9221  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,663

2.9230  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,322

2.9234  GBP

10 10/11p ordinary

SWAP

Decreasing Short

341

2.9239  GBP

10 10/11p ordinary

SWAP

Decreasing Short

63,024

2.9240  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,200

2.9242  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,452

2.9246  GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,252

2.9247  GBP

10 10/11p ordinary

SWAP

Decreasing Short

413

2.9251  GBP

10 10/11p ordinary

SWAP

Decreasing Short

351

2.9257  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,864

2.9259  GBP

10 10/11p ordinary

SWAP

Decreasing Short

774

2.9279  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,651

2.9280  GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,282

2.9294  GBP

10 10/11p ordinary

SWAP

Increasing Short

9,020

2.9211  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,035

2.9213  GBP

10 10/11p ordinary

SWAP

Increasing Short

13,831

2.9232  GBP

10 10/11p ordinary

SWAP

Increasing Short

59,810

2.9235  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,600

2.9239  GBP

10 10/11p ordinary

SWAP

Increasing Short

64,160

2.9252  GBP

10 10/11p ordinary

SWAP

Increasing Short

798

2.9255  GBP

10 10/11p ordinary

SWAP

Increasing Short

298

2.9260  GBP

10 10/11p ordinary

SWAP

Increasing Short

36,925

2.9280  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,327

2.9282  GBP

10 10/11p ordinary

CFD

Increasing Short

74,163

2.9221  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:

22 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
 
 
RETPKBBDQBKDNPB

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.