Form 8.3 DIRECT LINE INSURANCE GROUP PLC - Replace.


    13 June 2025 23:11:34
  • Source: Sharecast
RNS Number : 8408M
Barclays PLC
13 June 2025
 

FORM 8.3 Amendment - This form replaces RNS number 6140A published at 15:11 on 13/03/2025 changes made to section 2a

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 PLCs.

(b)

Owner or controller of interest and short

 positions disclosed, if different from 1(a):

 

(c)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

DIRECT LINE INSURANCE GROUP PLC

(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:

12 Mar 2025

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

YES:
 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:

32,271,097

2.46%

11,196,751

0.85%

(2) Cash-settled derivatives:

10,627,170

0.81%

31,609,869

2.41%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

42,898,267

3.27%

42,806,620

3.26%

Class of relevant security:

Restricted Tier 1 Note XS1728036366


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

200,000

0.06%

0

0.00%

(2) Cash-settled derivatives:

0

0.00%

0

0.00%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

200,000

0.06%

0

0.00%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

10 10/11p ordinary

Purchase

8,695,553

2.7522  GBP

10 10/11p ordinary

Purchase

523,997

2.7669  GBP

10 10/11p ordinary

Purchase

144,648

2.7620  GBP

10 10/11p ordinary

Purchase

126,276

2.7626  GBP

10 10/11p ordinary

Purchase

85,648

2.7597  GBP

10 10/11p ordinary

Purchase

85,309

2.7601  GBP

10 10/11p ordinary

Purchase

59,825

2.7609  GBP

10 10/11p ordinary

Purchase

46,873

2.7543  GBP

10 10/11p ordinary

Purchase

40,100

2.7585  GBP

10 10/11p ordinary

Purchase

31,422

2.7642  GBP

10 10/11p ordinary

Purchase

18,531

2.7632  GBP

10 10/11p ordinary

Purchase

15,545

2.7528  GBP

10 10/11p ordinary

Purchase

13,071

2.7564  GBP

10 10/11p ordinary

Purchase

9,545

2.7621  GBP

10 10/11p ordinary

Purchase

9,448

2.7629  GBP

10 10/11p ordinary

Purchase

7,801

2.7577  GBP

10 10/11p ordinary

Purchase

7,490

2.7637  GBP

10 10/11p ordinary

Purchase

6,437

2.7600  GBP

10 10/11p ordinary

Purchase

4,611

2.7575  GBP

10 10/11p ordinary

Purchase

4,297

2.7666  GBP

10 10/11p ordinary

Purchase

3,787

2.7592  GBP

10 10/11p ordinary

Purchase

3,779

2.7569  GBP

10 10/11p ordinary

Purchase

3,735

2.7589  GBP

10 10/11p ordinary

Purchase

3,497

2.7558  GBP

10 10/11p ordinary

Purchase

3,447

2.7615  GBP

10 10/11p ordinary

Purchase

2,830

2.7607  GBP

10 10/11p ordinary

Purchase

2,223

2.7627  GBP

10 10/11p ordinary

Purchase

1,515

2.7612  GBP

10 10/11p ordinary

Purchase

1,487

2.7561  GBP

10 10/11p ordinary

Purchase

1,468

2.7580  GBP

10 10/11p ordinary

Purchase

1,038

2.7550  GBP

10 10/11p ordinary

Purchase

932

2.7660  GBP

10 10/11p ordinary

Purchase

590

2.7700  GBP

10 10/11p ordinary

Purchase

160

2.7480  GBP

10 10/11p ordinary

Purchase

21

2.7640  GBP

10 10/11p ordinary

Purchase

1

2.7611  GBP

10 10/11p ordinary

Sale

523,997

2.7669  GBP

10 10/11p ordinary

Sale

117,325

2.7605  GBP

10 10/11p ordinary

Sale

66,226

2.7604  GBP

10 10/11p ordinary

Sale

46,300

2.7620  GBP

10 10/11p ordinary

Sale

45,340

2.7659  GBP

10 10/11p ordinary

Sale

27,807

2.7619  GBP

10 10/11p ordinary

Sale

24,771

2.7627  GBP

10 10/11p ordinary

Sale

21,941

2.7609  GBP

10 10/11p ordinary

Sale

14,620

2.7631  GBP

10 10/11p ordinary

Sale

10,365

2.7625  GBP

10 10/11p ordinary

Sale

7,352

2.7615  GBP

10 10/11p ordinary

Sale

7,115

2.7595  GBP

10 10/11p ordinary

Sale

7,096

2.7546  GBP

10 10/11p ordinary

Sale

6,823

2.7600  GBP

10 10/11p ordinary

Sale

4,974

2.7578  GBP

10 10/11p ordinary

Sale

4,913

2.7479  GBP

10 10/11p ordinary

Sale

4,723

2.7541  GBP

10 10/11p ordinary

Sale

4,390

2.7558  GBP

10 10/11p ordinary

Sale

3,925

2.7598  GBP

10 10/11p ordinary

Sale

3,771

2.7648  GBP

10 10/11p ordinary

Sale

3,016

2.7680  GBP

10 10/11p ordinary

Sale

2,990

2.7660  GBP

10 10/11p ordinary

Sale

1,797

2.7607  GBP

10 10/11p ordinary

Sale

1,500

2.7560  GBP

10 10/11p ordinary

Sale

1,468

2.7580  GBP

10 10/11p ordinary

Sale

954

2.7597  GBP

10 10/11p ordinary

Sale

70

2.7421  GBP

10 10/11p ordinary

Sale

21

2.7640  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10 10/11p ordinary

SWAP

Increasing Short

8,000,000

2.7522  GBP

10 10/11p ordinary

SWAP

Decreasing Short

70

2.7420  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,913

2.7479  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,683

2.7525  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,723

2.7541  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,390

2.7558  GBP

10 10/11p ordinary

SWAP

Decreasing Short

969

2.7571  GBP

10 10/11p ordinary

SWAP

Decreasing Short

4,974

2.7578  GBP

10 10/11p ordinary

SWAP

Decreasing Short

387

2.7580  GBP

10 10/11p ordinary

SWAP

Decreasing Short

954

2.7597  GBP

10 10/11p ordinary

SWAP

Decreasing Short

56,601

2.7602  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,158

2.7604  GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,852

2.7609  GBP

10 10/11p ordinary

SWAP

Decreasing Short

27,807

2.7619  GBP

10 10/11p ordinary

SWAP

Decreasing Short

85,531

2.7620  GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,365

2.7625  GBP

10 10/11p ordinary

SWAP

Decreasing Short

24,771

2.7627  GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,620

2.7631  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,771

2.7648  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,058

2.7660  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,477

2.7678  GBP

10 10/11p ordinary

SWAP

Increasing Short

46,873

2.7543  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,487

2.7561  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,779

2.7569  GBP

10 10/11p ordinary

SWAP

Increasing Short

102,855

2.7582  GBP

10 10/11p ordinary

SWAP

Increasing Short

57,016

2.7586  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,735

2.7589  GBP

10 10/11p ordinary

SWAP

Increasing Short

419

2.7600  GBP

10 10/11p ordinary

SWAP

Increasing Short

25,835

2.7617  GBP

10 10/11p ordinary

SWAP

Increasing Short

59,183

2.7619  GBP

10 10/11p ordinary

SWAP

Increasing Short

117,050

2.7620  GBP

10 10/11p ordinary

SWAP

Increasing Short

9,545

2.7621  GBP

10 10/11p ordinary

SWAP

Increasing Short

23,729

2.7627  GBP

10 10/11p ordinary

SWAP

Increasing Short

91,502

2.7629  GBP

10 10/11p ordinary

SWAP

Increasing Short

14,960

2.7635  GBP

10 10/11p ordinary

SWAP

Increasing Short

31,422

2.7642  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,297

2.7666  GBP

10 10/11p ordinary

CFD

Decreasing Short

3,764

2.7618  GBP

10 10/11p ordinary

CFD

Increasing Short

695,553

2.7521  GBP

10 10/11p ordinary

CFD

Increasing Short

15,794

2.7587  GBP

10 10/11p ordinary

CFD

Increasing Short

4,735

2.7626  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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 person 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:

13 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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