Barclays PLC Form 8.3 - Direct Line Insurance Group plc

RNS Number : 9951U

Barclays PLC

28 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:			27 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:				13,506,939	1.03%	12,140,306	0.93%
(2) Cash-settled derivatives:				12,945,663	0.99%	13,515,207	1.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				26,452,602	2.02%	25,655,513	1.96%
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	165,198	2.6589  GBP
10 10/11p ordinary	Purchase	129,831	2.6591  GBP
10 10/11p ordinary	Purchase	53,492	2.6650  GBP
10 10/11p ordinary	Purchase	48,100	2.6606  GBP
10 10/11p ordinary	Purchase	34,182	2.6663  GBP
10 10/11p ordinary	Purchase	31,850	2.6653  GBP
10 10/11p ordinary	Purchase	22,602	2.6604  GBP
10 10/11p ordinary	Purchase	15,675	2.6682  GBP
10 10/11p ordinary	Purchase	14,375	2.6720  GBP
10 10/11p ordinary	Purchase	11,347	2.6635  GBP
10 10/11p ordinary	Purchase	11,124	2.6651  GBP
10 10/11p ordinary	Purchase	8,630	2.6580  GBP
10 10/11p ordinary	Purchase	8,540	2.6612  GBP
10 10/11p ordinary	Purchase	6,493	2.6610  GBP
10 10/11p ordinary	Purchase	5,895	2.6665  GBP
10 10/11p ordinary	Purchase	5,428	2.6630  GBP
10 10/11p ordinary	Purchase	5,287	2.6655  GBP
10 10/11p ordinary	Purchase	4,719	2.6634  GBP
10 10/11p ordinary	Purchase	4,515	2.6620  GBP
10 10/11p ordinary	Purchase	3,936	2.6631  GBP
10 10/11p ordinary	Purchase	3,745	2.6626  GBP
10 10/11p ordinary	Purchase	3,256	2.6611  GBP
10 10/11p ordinary	Purchase	2,621	2.6647  GBP
10 10/11p ordinary	Purchase	1,478	2.6660  GBP
10 10/11p ordinary	Sale	160,898	2.6639  GBP
10 10/11p ordinary	Sale	123,302	2.6578  GBP
10 10/11p ordinary	Sale	90,692	2.6580  GBP
10 10/11p ordinary	Sale	62,936	2.6658  GBP
10 10/11p ordinary	Sale	29,295	2.6627  GBP
10 10/11p ordinary	Sale	23,362	2.6601  GBP
10 10/11p ordinary	Sale	14,375	2.6720  GBP
10 10/11p ordinary	Sale	7,525	2.6640  GBP
10 10/11p ordinary	Sale	6,033	2.6648  GBP
10 10/11p ordinary	Sale	5,965	2.6645  GBP
10 10/11p ordinary	Sale	4,350	2.6638  GBP
10 10/11p ordinary	Sale	3,449	2.6665  GBP
10 10/11p ordinary	Sale	2,862	2.6628  GBP
10 10/11p ordinary	Sale	1,180	2.6652  GBP
10 10/11p ordinary	Sale	772	2.6579  GBP
10 10/11p ordinary	Sale	725	2.6643  GBP
10 10/11p ordinary	Sale	676	2.6616  GBP
10 10/11p ordinary	Sale	278	2.6619  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 Short	32,836	2.6619  GBP
10 10/11p ordinary	SWAP	Increasing Long	135,293	2.6578  GBP
10 10/11p ordinary	SWAP	Increasing Long	772	2.6579  GBP
10 10/11p ordinary	SWAP	Increasing Long	82,029	2.6580  GBP
10 10/11p ordinary	SWAP	Increasing Long	965	2.6596  GBP
10 10/11p ordinary	SWAP	Increasing Long	205	2.6611  GBP
10 10/11p ordinary	SWAP	Increasing Long	57,960	2.6616  GBP
10 10/11p ordinary	SWAP	Increasing Long	278	2.6619  GBP
10 10/11p ordinary	SWAP	Increasing Long	29,295	2.6627  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,081	2.6634  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,350	2.6638  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,704	2.6648  GBP
10 10/11p ordinary	SWAP	Increasing Long	102,938	2.6652  GBP
10 10/11p ordinary	SWAP	Increasing Long	57,011	2.6660  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,449	2.6665  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17,175	2.6579  GBP
10 10/11p ordinary	SWAP	Decreasing Long	126,798	2.6580  GBP
10 10/11p ordinary	SWAP	Decreasing Long	49,712	2.6581  GBP
10 10/11p ordinary	SWAP	Decreasing Long	106,621	2.6602  GBP
10 10/11p ordinary	SWAP	Decreasing Long	48,100	2.6606  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,256	2.6611  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,936	2.6631  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,347	2.6635  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,083	2.6644  GBP
10 10/11p ordinary	SWAP	Decreasing Long	22,924	2.6647  GBP
10 10/11p ordinary	SWAP	Decreasing Long	53,492	2.6650  GBP
10 10/11p ordinary	SWAP	Decreasing Long	34,182	2.6663  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,545	2.6665  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,665	2.6669  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,938	2.6692  GBP
10 10/11p ordinary	CFD	Increasing Short	3,000	2.6441  GBP
10 10/11p ordinary	CFD	Increasing Short	22,994	2.6692  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:				28 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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