Form 8.3 DIRECT LINE INSURANCE GROUP PLC.


    02 July 2025 15:13:18
  • Source: Sharecast
RNS Number : 4697P
Barclays PLC
02 July 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:

01 Jul 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:

 

 

36,239,677

2.76%

3,375,589

0.25%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

3,560,291

0.27%

34,705,218

2.65%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

39,799,968

3.03%

38,080,807

2.90%

(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

30,568,397

3.0500  GBP

10 10/11p ordinary

Purchase

3,149,329

3.0504  GBP

10 10/11p ordinary

Purchase

2,859,974

3.0501  GBP

10 10/11p ordinary

Purchase

1,858,258

3.0503  GBP

10 10/11p ordinary

Purchase

1,093,725

3.0650  GBP

10 10/11p ordinary

Purchase

97,000

3.0502  GBP

10 10/11p ordinary

Purchase

42,134

3.0653  GBP

10 10/11p ordinary

Purchase

39,281

3.0627  GBP

10 10/11p ordinary

Purchase

33,970

3.0660  GBP

10 10/11p ordinary

Purchase

29,435

3.0654  GBP

10 10/11p ordinary

Purchase

25,519

3.0638  GBP

10 10/11p ordinary

Purchase

24,286

3.0740  GBP

10 10/11p ordinary

Purchase

24,252

3.0645  GBP

10 10/11p ordinary

Purchase

19,698

3.0641  GBP

10 10/11p ordinary

Purchase

18,186

3.0664  GBP

10 10/11p ordinary

Purchase

15,640

3.0649  GBP

10 10/11p ordinary

Purchase

15,012

3.0692  GBP

10 10/11p ordinary

Purchase

13,229

3.0646  GBP

10 10/11p ordinary

Purchase

8,101

3.0634  GBP

10 10/11p ordinary

Purchase

5,435

3.0670  GBP

10 10/11p ordinary

Purchase

5,134

3.0603  GBP

10 10/11p ordinary

Purchase

4,340

3.0657  GBP

10 10/11p ordinary

Purchase

3,570

3.0629  GBP

10 10/11p ordinary

Purchase

2,694

3.0655  GBP

10 10/11p ordinary

Purchase

2,410

3.0630  GBP

10 10/11p ordinary

Purchase

2,205

3.0624  GBP

10 10/11p ordinary

Purchase

2,000

3.0710  GBP

10 10/11p ordinary

Purchase

1,905

3.0640  GBP

10 10/11p ordinary

Purchase

1,249

3.0680  GBP

10 10/11p ordinary

Purchase

1,038

3.0600  GBP

10 10/11p ordinary

Purchase

67

3.0700  GBP

10 10/11p ordinary

Sale

12,786,664

3.0500  GBP

10 10/11p ordinary

Sale

7,978,377

3.0503  GBP

10 10/11p ordinary

Sale

3,092,793

3.0501  GBP

10 10/11p ordinary

Sale

75,402

3.0639  GBP

10 10/11p ordinary

Sale

70,354

3.0648  GBP

10 10/11p ordinary

Sale

66,726

3.0663  GBP

10 10/11p ordinary

Sale

65,000

3.0717  GBP

10 10/11p ordinary

Sale

47,798

3.0497  GBP

10 10/11p ordinary

Sale

26,517

3.0632  GBP

10 10/11p ordinary

Sale

23,395

3.0670  GBP

10 10/11p ordinary

Sale

10,125

3.0620  GBP

10 10/11p ordinary

Sale

7,086

3.0641  GBP

10 10/11p ordinary

Sale

5,299

3.0721  GBP

10 10/11p ordinary

Sale

3,858

3.0693  GBP

10 10/11p ordinary

Sale

3,832

3.0616  GBP

10 10/11p ordinary

Sale

3,575

3.0689  GBP

10 10/11p ordinary

Sale

3,323

3.0674  GBP

10 10/11p ordinary

Sale

3,274

3.0625  GBP

10 10/11p ordinary

Sale

2,781

3.0664  GBP

10 10/11p ordinary

Sale

1,578

3.0657  GBP

10 10/11p ordinary

Sale

1,331

3.0630  GBP

10 10/11p ordinary

Sale

1,299

3.0628  GBP

10 10/11p ordinary

Sale

1,249

3.0680  GBP

10 10/11p ordinary

Sale

1,157

3.0640  GBP

10 10/11p ordinary

Sale

1,143

3.0600  GBP

10 10/11p ordinary

Sale

1,062

3.0631  GBP

10 10/11p ordinary

Sale

939

3.0679  GBP

10 10/11p ordinary

Sale

939

3.0700  GBP

10 10/11p ordinary

Sale

492

3.0740  GBP

10 10/11p ordinary

Sale

300

3.0720  GBP

10 10/11p ordinary

Sale

42

3.0660  GBP

10 10/11p ordinary

Sale

2

3.0710  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

Increasing Long

47,798

3.0497  GBP

10 10/11p ordinary

SWAP

Increasing Long

780,125

3.0500  GBP

10 10/11p ordinary

SWAP

Increasing Long

39,255

3.0610  GBP

10 10/11p ordinary

SWAP

Increasing Long

5,826

3.0620  GBP

10 10/11p ordinary

SWAP

Increasing Long

26,517

3.0632  GBP

10 10/11p ordinary

SWAP

Increasing Long

1,578

3.0657  GBP

10 10/11p ordinary

SWAP

Increasing Long

66,726

3.0663  GBP

10 10/11p ordinary

SWAP

Increasing Long

36,314

3.0671  GBP

10 10/11p ordinary

SWAP

Increasing Long

386

3.0680  GBP

10 10/11p ordinary

SWAP

Increasing Long

9,461

3.0689  GBP

10 10/11p ordinary

SWAP

Increasing Long

65,000

3.0717  GBP

10 10/11p ordinary

SWAP

Increasing Long

1,765

3.0726  GBP

10 10/11p ordinary

SWAP

Increasing Long

492

3.0740  GBP

10 10/11p ordinary

SWAP

Opening Short

6,044,700

3.0500  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,304,037

3.0502  GBP

10 10/11p ordinary

SWAP

Increasing Short

250,000

3.0508  GBP

10 10/11p ordinary

SWAP

Increasing Short

12,300

3.0601  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,134

3.0603  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,570

3.0629  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,053,572

3.0650  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,411

3.0653  GBP

10 10/11p ordinary

SWAP

Increasing Short

29,435

3.0654  GBP

10 10/11p ordinary

SWAP

Increasing Short

25,323

3.0656  GBP

10 10/11p ordinary

SWAP

Increasing Short

33,928

3.0660  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,435

3.0670  GBP

10 10/11p ordinary

SWAP

Increasing Short

10,142

3.0672  GBP

10 10/11p ordinary

SWAP

Increasing Short

24,285

3.0740  GBP

10 10/11p ordinary

CFD

Decreasing Short

25,525

3.0638  GBP

10 10/11p ordinary

CFD

Increasing Short

2,040,410

3.0502  GBP

10 10/11p ordinary

CFD

Increasing Short

20,974

3.0628  GBP

10 10/11p ordinary

CFD

Increasing Short

14,865

3.0641  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:

02 Jul 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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