Barclays PLC Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

RNS Number : 9543S

Barclays PLC

10 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:			09 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:				11,730,455	0.89%	11,161,013	0.85%
(2) Cash-settled derivatives:				11,903,563	0.91%	11,576,825	0.88%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				23,634,018	1.80%	22,737,838	1.73%
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	3,207,970	2.5780  GBP
10 10/11p ordinary	Purchase	401,125	2.5778  GBP
10 10/11p ordinary	Purchase	323,131	2.5771  GBP
10 10/11p ordinary	Purchase	104,976	2.5799  GBP
10 10/11p ordinary	Purchase	97,456	2.5782  GBP
10 10/11p ordinary	Purchase	95,071	2.5742  GBP
10 10/11p ordinary	Purchase	87,427	2.5783  GBP
10 10/11p ordinary	Purchase	54,610	2.5758  GBP
10 10/11p ordinary	Purchase	51,101	2.5794  GBP
10 10/11p ordinary	Purchase	47,998	2.5772  GBP
10 10/11p ordinary	Purchase	36,840	2.5805  GBP
10 10/11p ordinary	Purchase	33,373	2.5832  GBP
10 10/11p ordinary	Purchase	28,128	2.5737  GBP
10 10/11p ordinary	Purchase	21,153	2.5743  GBP
10 10/11p ordinary	Purchase	20,169	2.5779  GBP
10 10/11p ordinary	Purchase	19,454	2.5802  GBP
10 10/11p ordinary	Purchase	19,390	2.5759  GBP
10 10/11p ordinary	Purchase	19,259	2.5796  GBP
10 10/11p ordinary	Purchase	10,599	2.5777  GBP
10 10/11p ordinary	Purchase	10,332	2.5754  GBP
10 10/11p ordinary	Purchase	9,761	2.5766  GBP
10 10/11p ordinary	Purchase	9,495	2.5800  GBP
10 10/11p ordinary	Purchase	7,981	2.5792  GBP
10 10/11p ordinary	Purchase	7,105	2.5819  GBP
10 10/11p ordinary	Purchase	6,645	2.5789  GBP
10 10/11p ordinary	Purchase	6,634	2.5619  GBP
10 10/11p ordinary	Purchase	6,324	2.5672  GBP
10 10/11p ordinary	Purchase	6,059	2.5840  GBP
10 10/11p ordinary	Purchase	4,982	2.5702  GBP
10 10/11p ordinary	Purchase	3,860	2.5765  GBP
10 10/11p ordinary	Purchase	2,914	2.5760  GBP
10 10/11p ordinary	Purchase	1,542	2.5740  GBP
10 10/11p ordinary	Purchase	1,326	2.5810  GBP
10 10/11p ordinary	Purchase	878	2.5720  GBP
10 10/11p ordinary	Purchase	871	2.5556  GBP
10 10/11p ordinary	Purchase	200	2.5640  GBP
10 10/11p ordinary	Sale	1,300,000	2.5764  GBP
10 10/11p ordinary	Sale	147,500	2.5736  GBP
10 10/11p ordinary	Sale	106,052	2.5728  GBP
10 10/11p ordinary	Sale	53,474	2.5675  GBP
10 10/11p ordinary	Sale	38,884	2.5780  GBP
10 10/11p ordinary	Sale	35,957	2.5794  GBP
10 10/11p ordinary	Sale	34,453	2.5740  GBP
10 10/11p ordinary	Sale	13,598	2.5729  GBP
10 10/11p ordinary	Sale	12,259	2.5758  GBP
10 10/11p ordinary	Sale	8,177	2.5734  GBP
10 10/11p ordinary	Sale	7,066	2.5772  GBP
10 10/11p ordinary	Sale	6,634	2.5619  GBP
10 10/11p ordinary	Sale	6,482	2.5800  GBP
10 10/11p ordinary	Sale	5,689	2.5749  GBP
10 10/11p ordinary	Sale	5,124	2.5582  GBP
10 10/11p ordinary	Sale	4,541	2.5824  GBP
10 10/11p ordinary	Sale	3,640	2.5738  GBP
10 10/11p ordinary	Sale	2,914	2.5760  GBP
10 10/11p ordinary	Sale	2,637	2.5779  GBP
10 10/11p ordinary	Sale	2,085	2.5757  GBP
10 10/11p ordinary	Sale	1,666	2.5700  GBP
10 10/11p ordinary	Sale	1,442	2.5616  GBP
10 10/11p ordinary	Sale	1,144	2.5690  GBP
10 10/11p ordinary	Sale	1,093	2.5790  GBP
10 10/11p ordinary	Sale	1,064	2.5860  GBP
10 10/11p ordinary	Sale	878	2.5720  GBP
10 10/11p ordinary	Sale	336	2.5660  GBP
10 10/11p ordinary	Sale	200	2.5640  GBP
10 10/11p ordinary	Sale	190	2.5719  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	1,442	2.5616  GBP
10 10/11p ordinary	SWAP	Increasing Long	336	2.5660  GBP
10 10/11p ordinary	SWAP	Increasing Long	53,474	2.5675  GBP
10 10/11p ordinary	SWAP	Increasing Long	67,436	2.5686  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,666	2.5700  GBP
10 10/11p ordinary	SWAP	Increasing Long	190	2.5719  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,598	2.5729  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,350	2.5740  GBP
10 10/11p ordinary	SWAP	Increasing Long	24,973	2.5742  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,465	2.5744  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,066	2.5772  GBP
10 10/11p ordinary	SWAP	Increasing Long	83,074	2.5778  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,400	2.5780  GBP
10 10/11p ordinary	SWAP	Decreasing Long	871	2.5556  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,982	2.5692  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,848	2.5695  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,697	2.5698  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,128	2.5737  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,736	2.5742  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,372	2.5753  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,191	2.5754  GBP
10 10/11p ordinary	SWAP	Decreasing Long	71,054	2.5756  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,886	2.5758  GBP
10 10/11p ordinary	SWAP	Decreasing Long	41,341	2.5759  GBP
10 10/11p ordinary	SWAP	Decreasing Long	38,842	2.5760  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,194	2.5761  GBP
10 10/11p ordinary	SWAP	Decreasing Long	294,777	2.5771  GBP
10 10/11p ordinary	SWAP	Decreasing Long	100,076	2.5775  GBP
10 10/11p ordinary	SWAP	Decreasing Long	929	2.5777  GBP
10 10/11p ordinary	SWAP	Decreasing Long	105,700	2.5778  GBP
10 10/11p ordinary	SWAP	Decreasing Long	164,264	2.5779  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,350,422	2.5780  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,969	2.5782  GBP
10 10/11p ordinary	SWAP	Decreasing Long	60,713	2.5783  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,095	2.5784  GBP
10 10/11p ordinary	SWAP	Decreasing Long	25,391	2.5786  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,877	2.5790  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,805	2.5791  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,981	2.5792  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,013	2.5800  GBP
10 10/11p ordinary	SWAP	Decreasing Long	106,996	2.5804  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,720	2.5805  GBP
10 10/11p ordinary	SWAP	Decreasing Long	7,162	2.5810  GBP
10 10/11p ordinary	SWAP	Decreasing Long	643	2.5811  GBP
10 10/11p ordinary	SWAP	Decreasing Long	33,373	2.5832  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,059	2.5840  GBP
10 10/11p ordinary	CFD	Decreasing Short	4,081	2.5527  GBP
10 10/11p ordinary	CFD	Decreasing Short	11,801	2.5751  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,300,000	2.5764  GBP
10 10/11p ordinary	CFD	Increasing Short	12,311	2.5838  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:				10 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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