RNS Number : 8708L
Barclays PLC
06 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:

05 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:

43,487,694

3.32%

4,139,708

0.31%

(2) Cash-settled derivatives:

4,079,051

0.31%

42,772,347

3.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

47,566,745

3.63%

46,912,055

3.57%

(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

217,406

3.0172  GBP

10 10/11p ordinary

Purchase

93,180

3.0240  GBP

10 10/11p ordinary

Purchase

61,538

3.0146  GBP

10 10/11p ordinary

Purchase

28,672

3.0036  GBP

10 10/11p ordinary

Purchase

26,619

3.0035  GBP

10 10/11p ordinary

Purchase

24,619

3.0090  GBP

10 10/11p ordinary

Purchase

12,076

3.0095  GBP

10 10/11p ordinary

Purchase

11,832

2.9998  GBP

10 10/11p ordinary

Purchase

11,802

3.0049  GBP

10 10/11p ordinary

Purchase

8,756

3.0077  GBP

10 10/11p ordinary

Purchase

7,525

3.0029  GBP

10 10/11p ordinary

Purchase

5,184

3.0060  GBP

10 10/11p ordinary

Purchase

4,714

3.0092  GBP

10 10/11p ordinary

Purchase

4,069

3.0120  GBP

10 10/11p ordinary

Purchase

3,981

3.0013  GBP

10 10/11p ordinary

Purchase

3,154

3.0119  GBP

10 10/11p ordinary

Purchase

2,844

3.0132  GBP

ADR

Purchase

2,160

16.4400  USD

10 10/11p ordinary

Purchase

1,628

3.0033  GBP

10 10/11p ordinary

Purchase

1,112

3.0160  GBP

10 10/11p ordinary

Purchase

1,102

3.0000  GBP

10 10/11p ordinary

Purchase

1,065

3.0117  GBP

10 10/11p ordinary

Purchase

1,015

3.0040  GBP

10 10/11p ordinary

Purchase

500

2.9860  GBP

10 10/11p ordinary

Purchase

336

3.0020  GBP

10 10/11p ordinary

Sale

194,012

3.0174  GBP

10 10/11p ordinary

Sale

79,560

3.0129  GBP

10 10/11p ordinary

Sale

70,017

3.0029  GBP

10 10/11p ordinary

Sale

61,348

3.0239  GBP

10 10/11p ordinary

Sale

33,268

3.0220  GBP

10 10/11p ordinary

Sale

30,948

3.0196  GBP

10 10/11p ordinary

Sale

21,073

2.9989  GBP

10 10/11p ordinary

Sale

13,727

3.0197  GBP

10 10/11p ordinary

Sale

11,877

2.9971  GBP

10 10/11p ordinary

Sale

8,962

3.0120  GBP

10 10/11p ordinary

Sale

8,728

3.0037  GBP

10 10/11p ordinary

Sale

8,563

3.0060  GBP

10 10/11p ordinary

Sale

8,276

3.0240  GBP

10 10/11p ordinary

Sale

4,784

3.0095  GBP

10 10/11p ordinary

Sale

4,222

3.0065  GBP

10 10/11p ordinary

Sale

3,384

3.0071  GBP

10 10/11p ordinary

Sale

3,095

3.0041  GBP

10 10/11p ordinary

Sale

2,737

3.0110  GBP

10 10/11p ordinary

Sale

2,184

3.0100  GBP

ADR

Sale

2,160

16.4400  USD

10 10/11p ordinary

Sale

1,712

3.0080  GBP

10 10/11p ordinary

Sale

1,112

3.0163  GBP

10 10/11p ordinary

Sale

1,062

3.0000  GBP

10 10/11p ordinary

Sale

972

3.0034  GBP

10 10/11p ordinary

Sale

568

3.0185  GBP

10 10/11p ordinary

Sale

11

2.9400  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

11

2.9399  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,870

2.9957  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,007

2.9984  GBP

10 10/11p ordinary

SWAP

Decreasing Short

21,073

2.9989  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,728

3.0037  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,095

3.0041  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,171

3.0051  GBP

10 10/11p ordinary

SWAP

Decreasing Short

13,727

3.0197  GBP

10 10/11p ordinary

SWAP

Decreasing Short

61,348

3.0239  GBP

10 10/11p ordinary

SWAP

Decreasing Short

20,571

3.0240  GBP

10 10/11p ordinary

SWAP

Increasing Short

1

2.9400  GBP

10 10/11p ordinary

SWAP

Increasing Short

11,832

2.9998  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,628

3.0033  GBP

10 10/11p ordinary

SWAP

Increasing Short

28,672

3.0036  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,173

3.0055  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,017

3.0073  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,343

3.0102  GBP

10 10/11p ordinary

SWAP

Increasing Short

61,538

3.0146  GBP

10 10/11p ordinary

SWAP

Increasing Short

12,067

3.0240  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,738

3.0241  GBP

10 10/11p ordinary

CFD

Decreasing Short

15,739

2.9982  GBP

10 10/11p ordinary

CFD

Decreasing Short

8,250

3.0040  GBP

10 10/11p ordinary

CFD

Decreasing Short

4,222

3.0065  GBP

10 10/11p ordinary

CFD

Decreasing Short

4,784

3.0095  GBP

10 10/11p ordinary

CFD

Decreasing Short

9,983

3.0237  GBP

10 10/11p ordinary

CFD

Increasing Short

10,628

3.0042  GBP

10 10/11p ordinary

CFD

Increasing Short

6

3.0116  GBP

10 10/11p ordinary

CFD

Increasing Short

1,173

3.0136  GBP

10 10/11p ordinary

CFD

Increasing Short

903

3.0162  GBP

10 10/11p ordinary

CFD

Increasing Short

17,256

3.0239  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:

06 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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