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02 July 2025 15:13:18
- 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: |
01 Jul 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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36,239,677 |
2.76% |
3,375,589 |
0.25% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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3,560,291 |
0.27% |
34,705,218 |
2.65% |
(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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39,799,968 |
3.03% |
38,080,807 |
2.90% |
(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 |
30,568,397 |
3.0500 GBP |
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10 10/11p ordinary |
Purchase |
3,149,329 |
3.0504 GBP |
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10 10/11p ordinary |
Purchase |
2,859,974 |
3.0501 GBP |
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10 10/11p ordinary |
Purchase |
1,858,258 |
3.0503 GBP |
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10 10/11p ordinary |
Purchase |
1,093,725 |
3.0650 GBP |
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10 10/11p ordinary |
Purchase |
97,000 |
3.0502 GBP |
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10 10/11p ordinary |
Purchase |
42,134 |
3.0653 GBP |
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10 10/11p ordinary |
Purchase |
39,281 |
3.0627 GBP |
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10 10/11p ordinary |
Purchase |
33,970 |
3.0660 GBP |
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10 10/11p ordinary |
Purchase |
29,435 |
3.0654 GBP |
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10 10/11p ordinary |
Purchase |
25,519 |
3.0638 GBP |
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10 10/11p ordinary |
Purchase |
24,286 |
3.0740 GBP |
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10 10/11p ordinary |
Purchase |
24,252 |
3.0645 GBP |
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10 10/11p ordinary |
Purchase |
19,698 |
3.0641 GBP |
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10 10/11p ordinary |
Purchase |
18,186 |
3.0664 GBP |
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10 10/11p ordinary |
Purchase |
15,640 |
3.0649 GBP |
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10 10/11p ordinary |
Purchase |
15,012 |
3.0692 GBP |
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10 10/11p ordinary |
Purchase |
13,229 |
3.0646 GBP |
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10 10/11p ordinary |
Purchase |
8,101 |
3.0634 GBP |
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10 10/11p ordinary |
Purchase |
5,435 |
3.0670 GBP |
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10 10/11p ordinary |
Purchase |
5,134 |
3.0603 GBP |
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10 10/11p ordinary |
Purchase |
4,340 |
3.0657 GBP |
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10 10/11p ordinary |
Purchase |
3,570 |
3.0629 GBP |
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10 10/11p ordinary |
Purchase |
2,694 |
3.0655 GBP |
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10 10/11p ordinary |
Purchase |
2,410 |
3.0630 GBP |
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10 10/11p ordinary |
Purchase |
2,205 |
3.0624 GBP |
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10 10/11p ordinary |
Purchase |
2,000 |
3.0710 GBP |
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10 10/11p ordinary |
Purchase |
1,905 |
3.0640 GBP |
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10 10/11p ordinary |
Purchase |
1,249 |
3.0680 GBP |
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10 10/11p ordinary |
Purchase |
1,038 |
3.0600 GBP |
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10 10/11p ordinary |
Purchase |
67 |
3.0700 GBP |
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10 10/11p ordinary |
Sale |
12,786,664 |
3.0500 GBP |
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10 10/11p ordinary |
Sale |
7,978,377 |
3.0503 GBP |
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10 10/11p ordinary |
Sale |
3,092,793 |
3.0501 GBP |
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10 10/11p ordinary |
Sale |
75,402 |
3.0639 GBP |
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10 10/11p ordinary |
Sale |
70,354 |
3.0648 GBP |
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10 10/11p ordinary |
Sale |
66,726 |
3.0663 GBP |
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10 10/11p ordinary |
Sale |
65,000 |
3.0717 GBP |
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10 10/11p ordinary |
Sale |
47,798 |
3.0497 GBP |
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10 10/11p ordinary |
Sale |
26,517 |
3.0632 GBP |
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10 10/11p ordinary |
Sale |
23,395 |
3.0670 GBP |
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10 10/11p ordinary |
Sale |
10,125 |
3.0620 GBP |
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10 10/11p ordinary |
Sale |
7,086 |
3.0641 GBP |
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10 10/11p ordinary |
Sale |
5,299 |
3.0721 GBP |
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10 10/11p ordinary |
Sale |
3,858 |
3.0693 GBP |
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10 10/11p ordinary |
Sale |
3,832 |
3.0616 GBP |
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10 10/11p ordinary |
Sale |
3,575 |
3.0689 GBP |
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10 10/11p ordinary |
Sale |
3,323 |
3.0674 GBP |
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10 10/11p ordinary |
Sale |
3,274 |
3.0625 GBP |
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10 10/11p ordinary |
Sale |
2,781 |
3.0664 GBP |
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10 10/11p ordinary |
Sale |
1,578 |
3.0657 GBP |
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10 10/11p ordinary |
Sale |
1,331 |
3.0630 GBP |
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10 10/11p ordinary |
Sale |
1,299 |
3.0628 GBP |
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10 10/11p ordinary |
Sale |
1,249 |
3.0680 GBP |
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10 10/11p ordinary |
Sale |
1,157 |
3.0640 GBP |
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10 10/11p ordinary |
Sale |
1,143 |
3.0600 GBP |
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10 10/11p ordinary |
Sale |
1,062 |
3.0631 GBP |
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10 10/11p ordinary |
Sale |
939 |
3.0679 GBP |
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10 10/11p ordinary |
Sale |
939 |
3.0700 GBP |
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10 10/11p ordinary |
Sale |
492 |
3.0740 GBP |
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10 10/11p ordinary |
Sale |
300 |
3.0720 GBP |
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10 10/11p ordinary |
Sale |
42 |
3.0660 GBP |
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10 10/11p ordinary |
Sale |
2 |
3.0710 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 |
Increasing Long |
47,798 |
3.0497 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
780,125 |
3.0500 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
39,255 |
3.0610 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
5,826 |
3.0620 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
26,517 |
3.0632 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
1,578 |
3.0657 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
66,726 |
3.0663 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
36,314 |
3.0671 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
386 |
3.0680 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
9,461 |
3.0689 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
65,000 |
3.0717 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
1,765 |
3.0726 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Long |
492 |
3.0740 GBP |
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10 10/11p ordinary |
SWAP |
Opening Short |
6,044,700 |
3.0500 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
6,304,037 |
3.0502 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
250,000 |
3.0508 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
12,300 |
3.0601 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,134 |
3.0603 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,570 |
3.0629 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,053,572 |
3.0650 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,411 |
3.0653 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
29,435 |
3.0654 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
25,323 |
3.0656 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
33,928 |
3.0660 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,435 |
3.0670 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
10,142 |
3.0672 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
24,285 |
3.0740 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
25,525 |
3.0638 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
2,040,410 |
3.0502 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
20,974 |
3.0628 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
14,865 |
3.0641 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: |
02 Jul 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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