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27 May 2025 13:01:14
- Source: Sharecast

FORM 8.3 published at 15:07 on 27/05/2025 changes made to section 2A and 3A |
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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: |
13 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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39808616 |
3.03% |
6451936 |
0.49% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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6,912,594 |
0.53% |
38,796,940 |
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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46,721,803 |
3.56% |
45,615,537 |
3.45% |
(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 |
112,538 |
2.8900 GBP |
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10 10/11p ordinary |
Purchase |
79,187 |
2.8836 GBP |
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10 10/11p ordinary |
Purchase |
52,022 |
2.8741 GBP |
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10 10/11p ordinary |
Purchase |
46,916 |
2.8771 GBP |
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10 10/11p ordinary |
Purchase |
44,655 |
2.8746 GBP |
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10 10/11p ordinary |
Purchase |
39,174 |
2.8766 GBP |
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10 10/11p ordinary |
Purchase |
29,255 |
2.8720 GBP |
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10 10/11p ordinary |
Purchase |
12,950 |
2.8802 GBP |
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10 10/11p ordinary |
Purchase |
12,328 |
2.8747 GBP |
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10 10/11p ordinary |
Purchase |
10,779 |
2.8739 GBP |
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10 10/11p ordinary |
Purchase |
8,977 |
2.8772 GBP |
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10 10/11p ordinary |
Purchase |
7,754 |
2.8725 GBP |
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10 10/11p ordinary |
Purchase |
7,357 |
2.8731 GBP |
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10 10/11p ordinary |
Purchase |
7,010 |
2.8740 GBP |
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10 10/11p ordinary |
Purchase |
6,817 |
2.8757 GBP |
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10 10/11p ordinary |
Purchase |
6,389 |
2.8768 GBP |
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10 10/11p ordinary |
Purchase |
5,403 |
2.8902 GBP |
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10 10/11p ordinary |
Purchase |
5,034 |
2.8745 GBP |
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10 10/11p ordinary |
Purchase |
3,420 |
2.8736 GBP |
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10 10/11p ordinary |
Purchase |
3,258 |
2.8713 GBP |
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10 10/11p ordinary |
Purchase |
2,374 |
2.8756 GBP |
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10 10/11p ordinary |
Purchase |
2,331 |
2.8780 GBP |
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10 10/11p ordinary |
Purchase |
1,671 |
2.8904 GBP |
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10 10/11p ordinary |
Purchase |
1,663 |
2.8820 GBP |
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10 10/11p ordinary |
Purchase |
1,177 |
2.8920 GBP |
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10 10/11p ordinary |
Purchase |
844 |
2.8800 GBP |
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10 10/11p ordinary |
Purchase |
807 |
2.8759 GBP |
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10 10/11p ordinary |
Purchase |
800 |
2.8812 GBP |
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10 10/11p ordinary |
Purchase |
593 |
2.9360 GBP |
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10 10/11p ordinary |
Purchase |
306 |
2.8689 GBP |
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10 10/11p ordinary |
Purchase |
100 |
2.8860 GBP |
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10 10/11p ordinary |
Sale |
122,269 |
2.8804 GBP |
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10 10/11p ordinary |
Sale |
72,701 |
2.8871 GBP |
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10 10/11p ordinary |
Sale |
71,049 |
2.8803 GBP |
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10 10/11p ordinary |
Sale |
46,981 |
2.8752 GBP |
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10 10/11p ordinary |
Sale |
44,398 |
2.8741 GBP |
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10 10/11p ordinary |
Sale |
21,655 |
2.8858 GBP |
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10 10/11p ordinary |
Sale |
18,818 |
2.8740 GBP |
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10 10/11p ordinary |
Sale |
13,239 |
2.8765 GBP |
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10 10/11p ordinary |
Sale |
12,069 |
2.8751 GBP |
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10 10/11p ordinary |
Sale |
7,987 |
2.8726 GBP |
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10 10/11p ordinary |
Sale |
6,707 |
2.8789 GBP |
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10 10/11p ordinary |
Sale |
6,280 |
2.8813 GBP |
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10 10/11p ordinary |
Sale |
5,557 |
2.8900 GBP |
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10 10/11p ordinary |
Sale |
5,375 |
2.8788 GBP |
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10 10/11p ordinary |
Sale |
5,355 |
2.8720 GBP |
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10 10/11p ordinary |
Sale |
3,781 |
2.8822 GBP |
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10 10/11p ordinary |
Sale |
3,044 |
2.8786 GBP |
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10 10/11p ordinary |
Sale |
2,331 |
2.8780 GBP |
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10 10/11p ordinary |
Sale |
2,314 |
2.8860 GBP |
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10 10/11p ordinary |
Sale |
1,500 |
2.8700 GBP |
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10 10/11p ordinary |
Sale |
1,324 |
2.8843 GBP |
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10 10/11p ordinary |
Sale |
1,177 |
2.8920 GBP |
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10 10/11p ordinary |
Sale |
844 |
2.8800 GBP |
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10 10/11p ordinary |
Sale |
593 |
2.9360 GBP |
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10 10/11p ordinary |
Sale |
553 |
2.8836 GBP |
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10 10/11p ordinary |
Sale |
100 |
2.8742 GBP |
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10 10/11p ordinary |
Sale |
17 |
2.8737 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 |
1,500 |
2.8700 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,987 |
2.8726 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,985 |
2.8730 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
17 |
2.8737 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
17,818 |
2.8740 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
44,398 |
2.8741 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
13,239 |
2.8765 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
16,595 |
2.8768 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
985 |
2.8788 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,525 |
2.8797 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
71,049 |
2.8803 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,781 |
2.8822 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
382 |
2.8870 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
72,701 |
2.8871 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,697 |
2.8740 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
52,022 |
2.8741 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,205 |
2.8747 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
89,997 |
2.8750 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,374 |
2.8756 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
807 |
2.8760 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
37,711 |
2.8776 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
800 |
2.8812 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
41,195 |
2.8900 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,267 |
2.8901 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,403 |
2.8902 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,671 |
2.8904 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
33,214 |
2.8719 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
7,144 |
2.8794 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
6,478 |
2.8720 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
17,974 |
2.8740 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: |
27 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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