Barclays PLC Form 8.3 - Direct Line Insurance Group plc

RNS Number : 8898R

Barclays PLC

02 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:			31 Dec 2024
(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:				7,533,456	0.57%	13,324,966	1.02%
(2) Cash-settled derivatives:				14,070,142	1.07%	7,211,228	0.55%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,603,598	1.65%	20,536,194	1.57%
Class of relevant security:				Convertible Bond 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	306,968	2.5481  GBP
10 10/11p ordinary	Purchase	166,554	2.5520  GBP
10 10/11p ordinary	Purchase	71,578	2.5432  GBP
10 10/11p ordinary	Purchase	42,159	2.5402  GBP
10 10/11p ordinary	Purchase	35,766	2.5497  GBP
10 10/11p ordinary	Purchase	33,869	2.5474  GBP
10 10/11p ordinary	Purchase	33,042	2.5440  GBP
10 10/11p ordinary	Purchase	31,591	2.5414  GBP
10 10/11p ordinary	Purchase	28,379	2.5454  GBP
10 10/11p ordinary	Purchase	26,990	2.5404  GBP
10 10/11p ordinary	Purchase	20,733	2.5439  GBP
10 10/11p ordinary	Purchase	19,602	2.5435  GBP
10 10/11p ordinary	Purchase	18,875	2.5476  GBP
10 10/11p ordinary	Purchase	16,501	2.5480  GBP
10 10/11p ordinary	Purchase	13,284	2.5418  GBP
10 10/11p ordinary	Purchase	12,886	2.5444  GBP
10 10/11p ordinary	Purchase	10,920	2.5399  GBP
10 10/11p ordinary	Purchase	9,455	2.5390  GBP
10 10/11p ordinary	Purchase	7,957	2.5428  GBP
10 10/11p ordinary	Purchase	7,902	2.5500  GBP
10 10/11p ordinary	Purchase	7,735	2.5395  GBP
10 10/11p ordinary	Purchase	7,382	2.5411  GBP
10 10/11p ordinary	Purchase	5,514	2.5488  GBP
10 10/11p ordinary	Purchase	3,814	2.5400  GBP
10 10/11p ordinary	Purchase	3,420	2.5472  GBP
10 10/11p ordinary	Purchase	3,378	2.5442  GBP
10 10/11p ordinary	Purchase	1,104	2.5360  GBP
10 10/11p ordinary	Sale	228,977	2.5497  GBP
10 10/11p ordinary	Sale	64,944	2.5520  GBP
10 10/11p ordinary	Sale	64,692	2.5462  GBP
10 10/11p ordinary	Sale	53,298	2.5444  GBP
10 10/11p ordinary	Sale	41,196	2.5448  GBP
10 10/11p ordinary	Sale	36,350	2.5460  GBP
10 10/11p ordinary	Sale	28,540	2.5443  GBP
10 10/11p ordinary	Sale	24,399	2.5490  GBP
10 10/11p ordinary	Sale	20,706	2.5457  GBP
10 10/11p ordinary	Sale	18,098	2.5519  GBP
10 10/11p ordinary	Sale	17,301	2.5438  GBP
10 10/11p ordinary	Sale	16,315	2.5425  GBP
10 10/11p ordinary	Sale	12,600	2.5387  GBP
10 10/11p ordinary	Sale	9,885	2.5479  GBP
10 10/11p ordinary	Sale	8,646	2.5436  GBP
10 10/11p ordinary	Sale	7,902	2.5500  GBP
10 10/11p ordinary	Sale	6,237	2.5405  GBP
10 10/11p ordinary	Sale	5,204	2.5464  GBP
10 10/11p ordinary	Sale	5,002	2.5467  GBP
10 10/11p ordinary	Sale	4,606	2.5480  GBP
10 10/11p ordinary	Sale	4,487	2.5458  GBP
10 10/11p ordinary	Sale	3,890	2.5400  GBP
10 10/11p ordinary	Sale	3,523	2.5461  GBP
10 10/11p ordinary	Sale	3,031	2.5486  GBP
10 10/11p ordinary	Sale	2,223	2.5431  GBP
10 10/11p ordinary	Sale	1,104	2.5360  GBP
10 10/11p ordinary	Sale	408	2.5445  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	15,624	2.5352  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,600	2.5387  GBP
10 10/11p ordinary	SWAP	Increasing Long	24,165	2.5404  GBP
10 10/11p ordinary	SWAP	Increasing Long	22,367	2.5443  GBP
10 10/11p ordinary	SWAP	Increasing Long	408	2.5445  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,342	2.5455  GBP
10 10/11p ordinary	SWAP	Increasing Long	39,349	2.5468  GBP
10 10/11p ordinary	SWAP	Increasing Long	156,501	2.5473  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,631	2.5474  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,885	2.5479  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,031	2.5486  GBP
10 10/11p ordinary	SWAP	Increasing Long	47,871	2.5497  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,098	2.5519  GBP
10 10/11p ordinary	SWAP	Decreasing Long	44,466	2.5371  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,748	2.5404  GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,292	2.5408  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,382	2.5411  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,633	2.5420  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,957	2.5428  GBP
10 10/11p ordinary	SWAP	Decreasing Long	33,042	2.5440  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,378	2.5442  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,886	2.5444  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,709	2.5453  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,379	2.5454  GBP
10 10/11p ordinary	SWAP	Decreasing Long	91,087	2.5459  GBP
10 10/11p ordinary	SWAP	Decreasing Long	257,882	2.5464  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,186	2.5468  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,007	2.5470  GBP
10 10/11p ordinary	SWAP	Decreasing Long	18,980	2.5480  GBP
10 10/11p ordinary	SWAP	Decreasing Long	92,859	2.5520  GBP
10 10/11p ordinary	CFD	Decreasing Short	253	2.5398  GBP
10 10/11p ordinary	CFD	Increasing Short	15,214	2.5452  GBP
10 10/11p ordinary	CFD	Increasing Short	2,456	2.5501  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:				02 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

RETFIFSDLEIFIIE