RNS Number : 6989L
Barclays PLC
05 June 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:

04 Jun 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:

43,554,420

3.32%

3,798,300

0.28%

(2) Cash-settled derivatives:

4,107,854

0.31%

42,827,754

3.27%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

47,662,274

3.63%

46,626,054

3.55%

(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

2.9923  GBP

10 10/11p ordinary

Purchase

173,783

2.9900  GBP

10 10/11p ordinary

Purchase

122,218

3.0018  GBP

10 10/11p ordinary

Purchase

65,827

2.9991  GBP

10 10/11p ordinary

Purchase

50,684

2.9927  GBP

10 10/11p ordinary

Purchase

48,700

3.0008  GBP

10 10/11p ordinary

Purchase

33,800

2.9966  GBP

10 10/11p ordinary

Purchase

30,722

3.0033  GBP

10 10/11p ordinary

Purchase

18,864

2.9967  GBP

10 10/11p ordinary

Purchase

11,899

2.9897  GBP

10 10/11p ordinary

Purchase

7,009

3.0020  GBP

10 10/11p ordinary

Purchase

4,557

2.9920  GBP

10 10/11p ordinary

Purchase

4,544

3.0000  GBP

10 10/11p ordinary

Purchase

4,124

3.0028  GBP

10 10/11p ordinary

Purchase

3,792

3.0010  GBP

10 10/11p ordinary

Purchase

3,719

2.9997  GBP

10 10/11p ordinary

Purchase

3,016

3.0007  GBP

10 10/11p ordinary

Purchase

2,788

3.0060  GBP

10 10/11p ordinary

Purchase

2,489

3.0054  GBP

10 10/11p ordinary

Purchase

1,970

3.0030  GBP

10 10/11p ordinary

Purchase

1,745

2.9960  GBP

10 10/11p ordinary

Purchase

1,348

2.9942  GBP

10 10/11p ordinary

Purchase

980

3.0115  GBP

10 10/11p ordinary

Purchase

920

2.9899  GBP

10 10/11p ordinary

Sale

92,610

2.9912  GBP

10 10/11p ordinary

Sale

56,436

2.9913  GBP

10 10/11p ordinary

Sale

33,594

3.0006  GBP

10 10/11p ordinary

Sale

24,874

2.9989  GBP

10 10/11p ordinary

Sale

18,312

2.9900  GBP

10 10/11p ordinary

Sale

15,198

2.9920  GBP

10 10/11p ordinary

Sale

13,311

2.9998  GBP

10 10/11p ordinary

Sale

13,249

2.9994  GBP

10 10/11p ordinary

Sale

9,049

2.9996  GBP

10 10/11p ordinary

Sale

8,002

3.0051  GBP

10 10/11p ordinary

Sale

7,948

3.0084  GBP

10 10/11p ordinary

Sale

6,172

2.9986  GBP

10 10/11p ordinary

Sale

3,200

2.9917  GBP

10 10/11p ordinary

Sale

2,776

2.9899  GBP

10 10/11p ordinary

Sale

2,679

2.9928  GBP

10 10/11p ordinary

Sale

2,316

3.0100  GBP

10 10/11p ordinary

Sale

1,559

2.9940  GBP

10 10/11p ordinary

Sale

1,247

3.0080  GBP

10 10/11p ordinary

Sale

856

2.9980  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

2,776

2.9899  GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,066

2.9900  GBP

10 10/11p ordinary

SWAP

Decreasing Short

10,482

2.9910  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,200

2.9917  GBP

10 10/11p ordinary

SWAP

Decreasing Short

357

2.9939  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,172

2.9986  GBP

10 10/11p ordinary

SWAP

Decreasing Short

24,517

2.9989  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,002

3.0051  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,247

3.0080  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,948

3.0084  GBP

10 10/11p ordinary

SWAP

Increasing Short

16,038

2.9900  GBP

10 10/11p ordinary

SWAP

Increasing Short

500,000

2.9923  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,348

2.9942  GBP

10 10/11p ordinary

SWAP

Increasing Short

43,163

2.9958  GBP

10 10/11p ordinary

SWAP

Increasing Short

18,864

2.9967  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,094

2.9976  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,050

2.9987  GBP

10 10/11p ordinary

SWAP

Increasing Short

145,449

2.9991  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,097

3.0004  GBP

10 10/11p ordinary

SWAP

Increasing Short

278

3.0010  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,237

3.0020  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,788

3.0060  GBP

10 10/11p ordinary

SWAP

Increasing Short

980

3.0100  GBP

10 10/11p ordinary

SWAP

Increasing Short

17

3.0400  GBP

10 10/11p ordinary

CFD

Decreasing Short

10,230

2.9920  GBP

10 10/11p ordinary

CFD

Decreasing Short

2,679

2.9927  GBP

10 10/11p ordinary

CFD

Decreasing Short

6,103

3.0034  GBP

10 10/11p ordinary

CFD

Increasing Short

8,437

2.9900  GBP

10 10/11p ordinary

CFD

Increasing Short

2,051

2.9981  GBP

10 10/11p ordinary

CFD

Increasing Short

34,658

3.0034  GBP

10 10/11p ordinary

CFD

Increasing Short

8,112

3.0043  GBP

10 10/11p ordinary

CFD

Increasing Short

76,346

3.0046  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:

05 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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