RNS Number : 1085G
Barclays PLC
24 April 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:

23 Apr 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:

37,291,230

2.84%

5,821,366

0.44%

(2) Cash-settled derivatives:

6,070,978

0.46%

36,398,980

2.78%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

43,362,208

3.31%

42,220,346

3.22%

(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

470,210

2.7819  GBP

10 10/11p ordinary

Purchase

190,600

2.7835  GBP

10 10/11p ordinary

Purchase

95,185

2.7813  GBP

10 10/11p ordinary

Purchase

54,343

2.7816  GBP

10 10/11p ordinary

Purchase

49,152

2.7836  GBP

10 10/11p ordinary

Purchase

26,419

2.7738  GBP

10 10/11p ordinary

Purchase

20,254

2.7803  GBP

10 10/11p ordinary

Purchase

12,443

2.7806  GBP

10 10/11p ordinary

Purchase

10,240

2.7804  GBP

10 10/11p ordinary

Purchase

6,233

2.7735  GBP

10 10/11p ordinary

Purchase

5,946

2.7797  GBP

10 10/11p ordinary

Purchase

4,492

2.7793  GBP

10 10/11p ordinary

Purchase

4,050

2.7858  GBP

10 10/11p ordinary

Purchase

3,729

2.7720  GBP

10 10/11p ordinary

Purchase

3,546

2.7920  GBP

10 10/11p ordinary

Purchase

2,945

2.7940  GBP

10 10/11p ordinary

Purchase

2,319

2.7709  GBP

10 10/11p ordinary

Purchase

2,218

2.7719  GBP

10 10/11p ordinary

Purchase

1,809

2.7833  GBP

10 10/11p ordinary

Purchase

1,763

2.7862  GBP

10 10/11p ordinary

Purchase

1,082

2.7762  GBP

10 10/11p ordinary

Purchase

530

2.7820  GBP

10 10/11p ordinary

Purchase

425

2.7680  GBP

10 10/11p ordinary

Purchase

191

2.7715  GBP

10 10/11p ordinary

Purchase

180

2.7860  GBP

10 10/11p ordinary

Purchase

104

2.7740  GBP

10 10/11p ordinary

Purchase

40

2.7880  GBP

10 10/11p ordinary

Purchase

22

2.7875  GBP

10 10/11p ordinary

Sale

182,548

2.7805  GBP

10 10/11p ordinary

Sale

181,809

2.7820  GBP

10 10/11p ordinary

Sale

71,684

2.7776  GBP

10 10/11p ordinary

Sale

15,029

2.7788  GBP

10 10/11p ordinary

Sale

13,867

2.7795  GBP

10 10/11p ordinary

Sale

6,952

2.7750  GBP

10 10/11p ordinary

Sale

6,446

2.7791  GBP

10 10/11p ordinary

Sale

6,263

2.7740  GBP

10 10/11p ordinary

Sale

5,258

2.7777  GBP

10 10/11p ordinary

Sale

5,241

2.7679  GBP

10 10/11p ordinary

Sale

4,246

2.7813  GBP

10 10/11p ordinary

Sale

3,012

2.7720  GBP

10 10/11p ordinary

Sale

3,012

2.7800  GBP

10 10/11p ordinary

Sale

2,942

2.7757  GBP

10 10/11p ordinary

Sale

2,042

2.7787  GBP

10 10/11p ordinary

Sale

1,628

2.7845  GBP

10 10/11p ordinary

Sale

1,137

2.7760  GBP

10 10/11p ordinary

Sale

1,004

2.7920  GBP

10 10/11p ordinary

Sale

935

2.7756  GBP

10 10/11p ordinary

Sale

841

2.7641  GBP

10 10/11p ordinary

Sale

478

2.7739  GBP

10 10/11p ordinary

Sale

425

2.7680  GBP

10 10/11p ordinary

Sale

293

2.7789  GBP

10 10/11p ordinary

Sale

252

2.7770  GBP

10 10/11p ordinary

Sale

227

2.7832  GBP

10 10/11p ordinary

Sale

180

2.7860  GBP

10 10/11p ordinary

Sale

126

2.7780  GBP

10 10/11p ordinary

Sale

31

2.7880  GBP

10 10/11p ordinary

Sale

31

2.7882  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

Decreasing Short

5,241

2.7679  GBP

10 10/11p ordinary

SWAP

Decreasing Short

478

2.7740  GBP

10 10/11p ordinary

SWAP

Decreasing Short

136

2.7760  GBP

10 10/11p ordinary

SWAP

Decreasing Short

71,684

2.7776  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,042

2.7787  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,446

2.7791  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,335

2.7799  GBP

10 10/11p ordinary

SWAP

Decreasing Short

142,726

2.7819  GBP

10 10/11p ordinary

SWAP

Decreasing Short

22,403

2.7820  GBP

10 10/11p ordinary

SWAP

Decreasing Short

227

2.7832  GBP

10 10/11p ordinary

SWAP

Increasing Short

57,700

2.7786  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,420

2.7791  GBP

10 10/11p ordinary

SWAP

Increasing Short

28,259

2.7800  GBP

10 10/11p ordinary

SWAP

Increasing Short

101

2.7811  GBP

10 10/11p ordinary

SWAP

Increasing Short

95,185

2.7813  GBP

10 10/11p ordinary

SWAP

Increasing Short

293,173

2.7820  GBP

10 10/11p ordinary

SWAP

Increasing Short

16,880

2.7821  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,167

2.7826  GBP

10 10/11p ordinary

SWAP

Increasing Short

49,152

2.7836  GBP

10 10/11p ordinary

SWAP

Increasing Short

132,900

2.7856  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,050

2.7858  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,945

2.7940  GBP

10 10/11p ordinary

CFD

Decreasing Short

8,074

2.7777  GBP

10 10/11p ordinary

CFD

Decreasing Short

10,002

2.7782  GBP

10 10/11p ordinary

CFD

Increasing Short

5,436

2.7767  GBP

10 10/11p ordinary

CFD

Increasing Short

9,780

2.7799  GBP

10 10/11p ordinary

CFD

Increasing Short

19,996

2.7805  GBP

10 10/11p ordinary

CFD

Increasing Short

7,040

2.7817  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:

24 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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