Barclays PLC Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

RNS Number : 7942S

Barclays PLC

09 January 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  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:			08 Jan 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:				9,432,856	0.72%	11,824,374	0.90%
(2) Cash-settled derivatives:				12,558,938	0.96%	9,268,134	0.71%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,991,794	1.68%	21,092,508	1.61%
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	1,500,000	2.5956  GBP
10 10/11p ordinary	Purchase	260,484	2.5679  GBP
10 10/11p ordinary	Purchase	228,492	2.5640  GBP
10 10/11p ordinary	Purchase	214,298	2.5694  GBP
10 10/11p ordinary	Purchase	154,732	2.5644  GBP
10 10/11p ordinary	Purchase	98,758	2.5670  GBP
10 10/11p ordinary	Purchase	90,227	2.5971  GBP
10 10/11p ordinary	Purchase	85,722	2.5753  GBP
10 10/11p ordinary	Purchase	81,231	2.5850  GBP
10 10/11p ordinary	Purchase	69,694	2.5975  GBP
10 10/11p ordinary	Purchase	57,711	2.5650  GBP
10 10/11p ordinary	Purchase	57,103	2.6000  GBP
10 10/11p ordinary	Purchase	53,224	2.5707  GBP
10 10/11p ordinary	Purchase	46,415	2.5598  GBP
10 10/11p ordinary	Purchase	42,590	2.5573  GBP
10 10/11p ordinary	Purchase	38,147	2.5744  GBP
10 10/11p ordinary	Purchase	33,047	2.5653  GBP
10 10/11p ordinary	Purchase	31,535	2.5654  GBP
10 10/11p ordinary	Purchase	27,382	2.5809  GBP
10 10/11p ordinary	Purchase	25,949	2.5831  GBP
10 10/11p ordinary	Purchase	21,225	2.5615  GBP
10 10/11p ordinary	Purchase	20,001	2.5691  GBP
10 10/11p ordinary	Purchase	16,906	2.5774  GBP
10 10/11p ordinary	Purchase	16,410	2.5804  GBP
10 10/11p ordinary	Purchase	13,296	2.5665  GBP
10 10/11p ordinary	Purchase	13,025	2.5549  GBP
10 10/11p ordinary	Purchase	12,553	2.5937  GBP
10 10/11p ordinary	Purchase	10,121	2.5596  GBP
10 10/11p ordinary	Purchase	8,865	2.5718  GBP
10 10/11p ordinary	Purchase	7,770	2.5802  GBP
10 10/11p ordinary	Purchase	7,747	2.5931  GBP
10 10/11p ordinary	Purchase	6,038	2.5929  GBP
10 10/11p ordinary	Purchase	5,165	2.5660  GBP
10 10/11p ordinary	Purchase	3,250	2.5777  GBP
10 10/11p ordinary	Purchase	2,956	2.5700  GBP
10 10/11p ordinary	Purchase	2,884	2.5980  GBP
10 10/11p ordinary	Purchase	2,414	2.5964  GBP
10 10/11p ordinary	Purchase	2,323	2.5900  GBP
10 10/11p ordinary	Purchase	2,008	2.5960  GBP
10 10/11p ordinary	Purchase	1,994	2.5798  GBP
10 10/11p ordinary	Purchase	1,657	2.5930  GBP
10 10/11p ordinary	Purchase	1,450	2.5923  GBP
10 10/11p ordinary	Purchase	1,215	2.5920  GBP
10 10/11p ordinary	Purchase	1,206	2.5990  GBP
10 10/11p ordinary	Purchase	292	2.5580  GBP
10 10/11p ordinary	Purchase	224	2.5480  GBP
10 10/11p ordinary	Purchase	199	2.5560  GBP
10 10/11p ordinary	Purchase	150	2.5520  GBP
10 10/11p ordinary	Purchase	94	2.5817  GBP
10 10/11p ordinary	Sale	287,400	2.5651  GBP
10 10/11p ordinary	Sale	203,600	2.5977  GBP
10 10/11p ordinary	Sale	191,380	2.5708  GBP
10 10/11p ordinary	Sale	147,043	2.5617  GBP
10 10/11p ordinary	Sale	112,555	2.5560  GBP
10 10/11p ordinary	Sale	82,926	2.5695  GBP
10 10/11p ordinary	Sale	81,357	2.5639  GBP
10 10/11p ordinary	Sale	57,103	2.6000  GBP
10 10/11p ordinary	Sale	56,046	2.5584  GBP
10 10/11p ordinary	Sale	52,119	2.5600  GBP
10 10/11p ordinary	Sale	35,262	2.5930  GBP
10 10/11p ordinary	Sale	13,600	2.5907  GBP
10 10/11p ordinary	Sale	10,121	2.5596  GBP
10 10/11p ordinary	Sale	5,165	2.5660  GBP
10 10/11p ordinary	Sale	4,846	2.5903  GBP
10 10/11p ordinary	Sale	4,735	2.5761  GBP
10 10/11p ordinary	Sale	2,744	2.5506  GBP
10 10/11p ordinary	Sale	2,449	2.5851  GBP
10 10/11p ordinary	Sale	2,387	2.5640  GBP
10 10/11p ordinary	Sale	1,815	2.5980  GBP
10 10/11p ordinary	Sale	1,240	2.5940  GBP
10 10/11p ordinary	Sale	816	2.5540  GBP
10 10/11p ordinary	Sale	688	2.5960  GBP
10 10/11p ordinary	Sale	619	2.5642  GBP
10 10/11p ordinary	Sale	358	2.5671  GBP
10 10/11p ordinary	Sale	292	2.5580  GBP
10 10/11p ordinary	Sale	224	2.5480  GBP
10 10/11p ordinary	Sale	186	2.5630  GBP
10 10/11p ordinary	Sale	150	2.5520  GBP
10 10/11p ordinary	Sale	15	2.5593  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 Long	2,744	2.5506  GBP
10 10/11p ordinary	SWAP	Increasing Long	816	2.5540  GBP
10 10/11p ordinary	SWAP	Increasing Long	112,356	2.5560  GBP
10 10/11p ordinary	SWAP	Increasing Long	112,720	2.5561  GBP
10 10/11p ordinary	SWAP	Increasing Long	56,046	2.5584  GBP
10 10/11p ordinary	SWAP	Increasing Long	52,119	2.5600  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,764	2.5613  GBP
10 10/11p ordinary	SWAP	Increasing Long	61,536	2.5619  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,045	2.5638  GBP
10 10/11p ordinary	SWAP	Increasing Long	81,357	2.5639  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,038	2.5640  GBP
10 10/11p ordinary	SWAP	Increasing Long	358	2.5670  GBP
10 10/11p ordinary	SWAP	Increasing Long	73,436	2.5676  GBP
10 10/11p ordinary	SWAP	Increasing Long	191,380	2.5708  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,604	2.5768  GBP
10 10/11p ordinary	SWAP	Increasing Long	21,176	2.5799  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,341	2.5896  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,400	2.5903  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,600	2.5907  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,254	2.5571  GBP
10 10/11p ordinary	SWAP	Decreasing Long	44,496	2.5573  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,555	2.5574  GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,783	2.5575  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43,847	2.5589  GBP
10 10/11p ordinary	SWAP	Decreasing Long	606	2.5617  GBP
10 10/11p ordinary	SWAP	Decreasing Long	23,977	2.5624  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,768	2.5625  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17	2.5629  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,542	2.5633  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,960	2.5638  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,737	2.5639  GBP
10 10/11p ordinary	SWAP	Decreasing Long	126,198	2.5640  GBP
10 10/11p ordinary	SWAP	Decreasing Long	966	2.5642  GBP
10 10/11p ordinary	SWAP	Decreasing Long	30,718	2.5648  GBP
10 10/11p ordinary	SWAP	Decreasing Long	406	2.5649  GBP
10 10/11p ordinary	SWAP	Decreasing Long	76,109	2.5650  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,607	2.5652  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,444	2.5654  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,091	2.5656  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,732	2.5666  GBP
10 10/11p ordinary	SWAP	Decreasing Long	58,371	2.5670  GBP
10 10/11p ordinary	SWAP	Decreasing Long	40,026	2.5671  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,481	2.5675  GBP
10 10/11p ordinary	SWAP	Decreasing Long	49,217	2.5683  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,045	2.5691  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,373	2.5693  GBP
10 10/11p ordinary	SWAP	Decreasing Long	214,298	2.5694  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,956	2.5700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,224	2.5707  GBP
10 10/11p ordinary	SWAP	Decreasing Long	266,797	2.5710  GBP
10 10/11p ordinary	SWAP	Decreasing Long	89,550	2.5714  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,389	2.5732  GBP
10 10/11p ordinary	SWAP	Decreasing Long	561	2.5745  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,913	2.5749  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,058	2.5770  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,609	2.5771  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,892	2.5814  GBP
10 10/11p ordinary	SWAP	Decreasing Long	94	2.5816  GBP
10 10/11p ordinary	SWAP	Decreasing Long	25,463	2.5820  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,889	2.5823  GBP
10 10/11p ordinary	SWAP	Decreasing Long	880	2.5849  GBP
10 10/11p ordinary	SWAP	Decreasing Long	165	2.5854  GBP
10 10/11p ordinary	SWAP	Decreasing Long	824	2.5871  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,244	2.5890  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,088	2.5920  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,038	2.5929  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,657	2.5930  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,747	2.5931  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,500,000	2.5956  GBP
10 10/11p ordinary	CFD	Decreasing Short	941	2.5830  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:				09 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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