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Barclays PLC

Barclays PLC - Form 8.3 DIRECT LINE INSURANCE GROUP PLC

RNS Number : 2683L
Barclays PLC
03 June 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:

02 Jun 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:

 

 

42,655,263

3.25%

3,883,275

0.29%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

4,184,583

0.32%

41,946,690

3.20%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

46,839,846

3.57%

45,829,965

3.49%

(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

424,637

3.0198  GBP

10 10/11p ordinary

Purchase

370,409

3.0169  GBP

10 10/11p ordinary

Purchase

276,000

3.0342  GBP

10 10/11p ordinary

Purchase

190,243

3.0181  GBP

10 10/11p ordinary

Purchase

154,987

3.0340  GBP

10 10/11p ordinary

Purchase

134,834

3.0239  GBP

10 10/11p ordinary

Purchase

34,724

3.0184  GBP

10 10/11p ordinary

Purchase

23,454

3.0268  GBP

10 10/11p ordinary

Purchase

16,700

3.0200  GBP

10 10/11p ordinary

Purchase

15,442

3.0177  GBP

10 10/11p ordinary

Purchase

12,946

3.0078  GBP

10 10/11p ordinary

Purchase

9,916

3.0206  GBP

10 10/11p ordinary

Purchase

8,933

3.0146  GBP

ADR

Purchase

8,000

16.2875  USD

10 10/11p ordinary

Purchase

5,561

3.0118  GBP

10 10/11p ordinary

Purchase

5,436

3.0205  GBP

10 10/11p ordinary

Purchase

4,606

3.0143  GBP

10 10/11p ordinary

Purchase

4,156

3.0142  GBP

10 10/11p ordinary

Purchase

2,473

3.0112  GBP

10 10/11p ordinary

Purchase

975

3.0180  GBP

10 10/11p ordinary

Purchase

550

3.0100  GBP

10 10/11p ordinary

Sale

568,730

3.0234  GBP

10 10/11p ordinary

Sale

45,857

3.0232  GBP

10 10/11p ordinary

Sale

23,039

3.0117  GBP

10 10/11p ordinary

Sale

12,247

3.0153  GBP

10 10/11p ordinary

Sale

9,730

3.0080  GBP

10 10/11p ordinary

Sale

9,641

3.0172  GBP

10 10/11p ordinary

Sale

9,352

3.0161  GBP

ADR

Sale

8,000

16.2875  USD

10 10/11p ordinary

Sale

7,896

3.0115  GBP

10 10/11p ordinary

Sale

7,000

3.0042  GBP

10 10/11p ordinary

Sale

4,515

3.0340  GBP

10 10/11p ordinary

Sale

4,135

3.0128  GBP

10 10/11p ordinary

Sale

2,200

3.0206  GBP

10 10/11p ordinary

Sale

2,186

3.0180  GBP

10 10/11p ordinary

Sale

2,000

2.9980  GBP

10 10/11p ordinary

Sale

1,462

3.0086  GBP

10 10/11p ordinary

Sale

1,049

3.0200  GBP

10 10/11p ordinary

Sale

615

3.0050  GBP

10 10/11p ordinary

Sale

602

3.0260  GBP

10 10/11p ordinary

Sale

563

3.0176  GBP

10 10/11p ordinary

Sale

535

3.0100  GBP

10 10/11p ordinary

Sale

370

3.0160  GBP

10 10/11p ordinary

Sale

368

3.0060  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

721,821

2.9760  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,000

2.9980  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,000

3.0042  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,578

3.0079  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,133

3.0085  GBP

10 10/11p ordinary

SWAP

Decreasing Short

23,039

3.0117  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,763

3.0153  GBP

10 10/11p ordinary

SWAP

Decreasing Short

370

3.0160  GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,300

3.0199  GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,364

3.0229  GBP

10 10/11p ordinary

SWAP

Decreasing Short

25,980

3.0264  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,424

3.0340  GBP

10 10/11p ordinary

SWAP

Increasing Short

721,821

2.9760  GBP

10 10/11p ordinary

SWAP

Increasing Short

16,634

3.0128  GBP

10 10/11p ordinary

SWAP

Increasing Short

17,603

3.0135  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,156

3.0142  GBP

10 10/11p ordinary

SWAP

Increasing Short

350,000

3.0169  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,442

3.0177  GBP

10 10/11p ordinary

SWAP

Increasing Short

190,243

3.0181  GBP

10 10/11p ordinary

SWAP

Increasing Short

34,724

3.0184  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,750

3.0196  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,239

3.0200  GBP

10 10/11p ordinary

SWAP

Increasing Short

9,916

3.0206  GBP

10 10/11p ordinary

SWAP

Increasing Short

52,117

3.0229  GBP

10 10/11p ordinary

SWAP

Increasing Short

58,162

3.0340  GBP

10 10/11p ordinary

SWAP

Increasing Short

276,000

3.0342  GBP

10 10/11p ordinary

CFD

Decreasing Short

3,155

3.0018  GBP

10 10/11p ordinary

CFD

Decreasing Short

7,896

3.0115  GBP

10 10/11p ordinary

CFD

Decreasing Short

9,641

3.0172  GBP

10 10/11p ordinary

CFD

Increasing Short

2,688

3.0013  GBP

10 10/11p ordinary

CFD

Increasing Short

5,312

3.0038  GBP

10 10/11p ordinary

CFD

Increasing Short

41,012

3.0180  GBP

10 10/11p ordinary

CFD

Increasing Short

18,192

3.0340  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:

03 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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