Barclays PLC Form 8.3 - Direct Line Insurance Group plc

RNS Number : 5135V

Barclays PLC

31 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:			30 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:				14,158,803	1.08%	13,880,291	1.06%
(2) Cash-settled derivatives:				14,676,674	1.12%	14,165,114	1.08%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				28,835,477	2.20%	28,045,405	2.14%
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	500,000	2.6742  GBP
10 10/11p ordinary	Purchase	75,020	2.6795  GBP
10 10/11p ordinary	Purchase	71,124	2.6838  GBP
10 10/11p ordinary	Purchase	52,948	2.6840  GBP
10 10/11p ordinary	Purchase	33,887	2.6813  GBP
10 10/11p ordinary	Purchase	12,208	2.6800  GBP
10 10/11p ordinary	Purchase	11,930	2.6781  GBP
10 10/11p ordinary	Purchase	10,568	2.6755  GBP
10 10/11p ordinary	Purchase	9,509	2.6814  GBP
10 10/11p ordinary	Purchase	6,731	2.6798  GBP
10 10/11p ordinary	Purchase	4,522	2.6760  GBP
10 10/11p ordinary	Purchase	2,933	2.6797  GBP
10 10/11p ordinary	Purchase	2,871	2.6799  GBP
10 10/11p ordinary	Purchase	2,756	2.6748  GBP
10 10/11p ordinary	Purchase	2,215	2.6757  GBP
10 10/11p ordinary	Purchase	2,088	2.6745  GBP
10 10/11p ordinary	Purchase	1,970	2.6740  GBP
10 10/11p ordinary	Purchase	1,423	2.6791  GBP
10 10/11p ordinary	Purchase	1,078	2.6780  GBP
ADR	Purchase	948	13.9700  USD
10 10/11p ordinary	Purchase	269	2.6733  GBP
10 10/11p ordinary	Purchase	84	2.6806  GBP
10 10/11p ordinary	Purchase	63	2.6820  GBP
10 10/11p ordinary	Sale	179,820	2.6821  GBP
10 10/11p ordinary	Sale	98,056	2.6818  GBP
10 10/11p ordinary	Sale	79,419	2.6840  GBP
10 10/11p ordinary	Sale	74,576	2.6767  GBP
10 10/11p ordinary	Sale	36,623	2.6779  GBP
10 10/11p ordinary	Sale	33,265	2.6800  GBP
10 10/11p ordinary	Sale	22,789	2.6775  GBP
10 10/11p ordinary	Sale	17,181	2.6786  GBP
10 10/11p ordinary	Sale	14,850	2.6784  GBP
10 10/11p ordinary	Sale	13,774	2.6814  GBP
10 10/11p ordinary	Sale	7,876	2.6766  GBP
10 10/11p ordinary	Sale	7,464	2.6839  GBP
10 10/11p ordinary	Sale	6,389	2.6791  GBP
10 10/11p ordinary	Sale	5,403	2.6789  GBP
10 10/11p ordinary	Sale	4,486	2.6813  GBP
10 10/11p ordinary	Sale	3,810	2.6810  GBP
10 10/11p ordinary	Sale	3,038	2.6806  GBP
10 10/11p ordinary	Sale	2,717	2.6819  GBP
10 10/11p ordinary	Sale	1,624	2.6809  GBP
10 10/11p ordinary	Sale	1,227	2.6815  GBP
10 10/11p ordinary	Sale	1,038	2.6860  GBP
10 10/11p ordinary	Sale	1,016	2.6725  GBP
10 10/11p ordinary	Sale	979	2.6817  GBP
ADR	Sale	948	13.9700  USD
10 10/11p ordinary	Sale	436	2.6807  GBP
10 10/11p ordinary	Sale	315	2.6799  GBP
10 10/11p ordinary	Sale	269	2.6736  GBP
10 10/11p ordinary	Sale	186	2.6760  GBP
10 10/11p ordinary	Sale	63	2.6822  GBP
10 10/11p ordinary	Sale	63	2.6820  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	32,120	2.6806  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,876	2.6766  GBP
10 10/11p ordinary	SWAP	Increasing Long	74,576	2.6767  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,784	2.6773  GBP
10 10/11p ordinary	SWAP	Increasing Long	41,681	2.6775  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,781	2.6779  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,046	2.6783  GBP
10 10/11p ordinary	SWAP	Increasing Long	39,175	2.6786  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,403	2.6789  GBP
10 10/11p ordinary	SWAP	Increasing Long	315	2.6799  GBP
10 10/11p ordinary	SWAP	Increasing Long	23,897	2.6800  GBP
10 10/11p ordinary	SWAP	Increasing Long	436	2.6807  GBP
10 10/11p ordinary	SWAP	Increasing Long	13,774	2.6814  GBP
10 10/11p ordinary	SWAP	Increasing Long	979	2.6817  GBP
10 10/11p ordinary	SWAP	Increasing Long	149,397	2.6819  GBP
10 10/11p ordinary	SWAP	Increasing Long	33,140	2.6830  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,569	2.6838  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,464	2.6839  GBP
10 10/11p ordinary	SWAP	Increasing Long	109,543	2.6840  GBP
10 10/11p ordinary	SWAP	Decreasing Long	98	2.6600  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,134	2.6661  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,665	2.6743  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,215	2.6757  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,456	2.6759  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,423	2.6791  GBP
10 10/11p ordinary	SWAP	Decreasing Long	50,732	2.6795  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,871	2.6799  GBP
10 10/11p ordinary	SWAP	Decreasing Long	352	2.6800  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,662	2.6806  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,191	2.6808  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,070	2.6810  GBP
10 10/11p ordinary	SWAP	Decreasing Long	18,696	2.6817  GBP
10 10/11p ordinary	SWAP	Decreasing Long	6,605	2.6837  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,803	2.6840  GBP
10 10/11p ordinary	SWAP	Decreasing Long	67,420	2.6841  GBP
10 10/11p ordinary	CFD	Decreasing Short	326	2.6840  GBP
10 10/11p ordinary	CFD	Increasing Short	500,000	2.6742  GBP
10 10/11p ordinary	CFD	Increasing Short	6,108	2.6791  GBP
10 10/11p ordinary	CFD	Increasing Short	606	2.6801  GBP
10 10/11p ordinary	CFD	Increasing Short	237	2.6802  GBP
10 10/11p ordinary	CFD	Increasing Short	6,673	2.6806  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:				31 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

 

 

RETFLFSSLSILVIE