RNS Number : 4166O
Barclays PLC
25 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

DIRECT LINE INSURANCE GROUP PLC

 

relevant securities this form relates:

(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:

24 Jun 2025

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 

 

 

disclosures in respect of any other party to the offer?

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:

 

 

36,526,619

2.79%

2,723,962

0.20%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,991,928

0.23%

35,996,550

2.74%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

39,518,547

3.02%

38,720,512

2.94%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

10 10/11p ordinary

Purchase

320,519

3.0608  GBP

10 10/11p ordinary

Purchase

300,525

3.0780  GBP

10 10/11p ordinary

Purchase

141,263

3.0663  GBP

10 10/11p ordinary

Purchase

64,493

3.0580  GBP

10 10/11p ordinary

Purchase

48,695

3.0736  GBP

10 10/11p ordinary

Purchase

23,469

3.0730  GBP

10 10/11p ordinary

Purchase

20,384

3.0591  GBP

10 10/11p ordinary

Purchase

18,570

3.0720  GBP

10 10/11p ordinary

Purchase

16,621

3.0694  GBP

10 10/11p ordinary

Purchase

13,747

3.0725  GBP

10 10/11p ordinary

Purchase

9,954

3.0751  GBP

10 10/11p ordinary

Purchase

9,740

3.0713  GBP

10 10/11p ordinary

Purchase

9,422

3.0735  GBP

10 10/11p ordinary

Purchase

9,259

3.0714  GBP

10 10/11p ordinary

Purchase

7,734

3.0744  GBP

10 10/11p ordinary

Purchase

7,597

3.0745  GBP

10 10/11p ordinary

Purchase

4,418

3.0674  GBP

10 10/11p ordinary

Purchase

4,066

3.0722  GBP

10 10/11p ordinary

Purchase

3,190

3.0700  GBP

10 10/11p ordinary

Purchase

1,816

3.0679  GBP

10 10/11p ordinary

Purchase

1,682

3.0740  GBP

10 10/11p ordinary

Purchase

1,666

3.0660  GBP

10 10/11p ordinary

Purchase

1,205

3.0786  GBP

10 10/11p ordinary

Purchase

979

3.0719  GBP

10 10/11p ordinary

Purchase

973

3.0791  GBP

10 10/11p ordinary

Purchase

137

3.0690  GBP

10 10/11p ordinary

Sale

115,865

3.0637  GBP

10 10/11p ordinary

Sale

103,325

3.0580  GBP

10 10/11p ordinary

Sale

101,966

3.0715  GBP

10 10/11p ordinary

Sale

90,180

3.0623  GBP

10 10/11p ordinary

Sale

59,894

3.0700  GBP

10 10/11p ordinary

Sale

47,335

3.0698  GBP

10 10/11p ordinary

Sale

26,269

3.0714  GBP

10 10/11p ordinary

Sale

23,518

3.0579  GBP

10 10/11p ordinary

Sale

20,963

3.0717  GBP

10 10/11p ordinary

Sale

20,384

3.0591  GBP

10 10/11p ordinary

Sale

19,538

3.0780  GBP

10 10/11p ordinary

Sale

11,534

3.0736  GBP

10 10/11p ordinary

Sale

8,051

3.0737  GBP

10 10/11p ordinary

Sale

6,989

3.0664  GBP

10 10/11p ordinary

Sale

6,908

3.0720  GBP

10 10/11p ordinary

Sale

6,735

3.0718  GBP

10 10/11p ordinary

Sale

6,137

3.0722  GBP

10 10/11p ordinary

Sale

5,886

3.0695  GBP

10 10/11p ordinary

Sale

5,248

3.0782  GBP

10 10/11p ordinary

Sale

4,572

3.0660  GBP

10 10/11p ordinary

Sale

2,979

3.0725  GBP

10 10/11p ordinary

Sale

2,823

3.0734  GBP

10 10/11p ordinary

Sale

2,705

3.0707  GBP

10 10/11p ordinary

Sale

2,683

3.0693  GBP

10 10/11p ordinary

Sale

2,552

3.0760  GBP

10 10/11p ordinary

Sale

2,245

3.0730  GBP

10 10/11p ordinary

Sale

2,237

3.0690  GBP

10 10/11p ordinary

Sale

1,248

3.0719  GBP

10 10/11p ordinary

Sale

949

3.0680  GBP

10 10/11p ordinary

Sale

841

3.0740  GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

10 10/11p ordinary

SWAP

Increasing Short

346,806

3.0668  GBP

10 10/11p ordinary

SWAP

Decreasing Short

21,375

3.0579  GBP

10 10/11p ordinary

SWAP

Decreasing Short

77,554

3.0580  GBP

10 10/11p ordinary

SWAP

Decreasing Short

107,144

3.0629  GBP

10 10/11p ordinary

SWAP

Decreasing Short

63,009

3.0667  GBP

10 10/11p ordinary

SWAP

Decreasing Short

51,546

3.0668  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,803

3.0675  GBP

10 10/11p ordinary

SWAP

Decreasing Short

949

3.0680  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,191

3.0690  GBP

10 10/11p ordinary

SWAP

Decreasing Short

47,156

3.0698  GBP

10 10/11p ordinary

SWAP

Decreasing Short

56,091

3.0702  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,248

3.0719  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,823

3.0734  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,721

3.0737  GBP

10 10/11p ordinary

SWAP

Decreasing Short

179

3.0765  GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,538

3.0780  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,248

3.0782  GBP

10 10/11p ordinary

SWAP

Increasing Short

240,999

3.0580  GBP

10 10/11p ordinary

SWAP

Increasing Short

141,263

3.0663  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,066

3.0722  GBP

10 10/11p ordinary

SWAP

Increasing Short

13,747

3.0725  GBP

10 10/11p ordinary

SWAP

Increasing Short

24,969

3.0728  GBP

10 10/11p ordinary

SWAP

Increasing Short

19,739

3.0730  GBP

10 10/11p ordinary

SWAP

Increasing Short

16,306

3.0733  GBP

10 10/11p ordinary

SWAP

Increasing Short

299,408

3.0780  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,205

3.0786  GBP

10 10/11p ordinary

CFD

Decreasing Short

93,284

3.0712  GBP

10 10/11p ordinary

CFD

Increasing Short

20,054

3.0582  GBP

10 10/11p ordinary

CFD

Increasing Short

50,000

3.0673  GBP

10 10/11p ordinary

CFD

Increasing Short

13,819

3.0724  GBP

10 10/11p ordinary

CFD

Increasing Short

28,063

3.0755  GBP

10 10/11p ordinary

CFD

Increasing Short

25,580

3.0757  GBP

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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 exempt principal trader 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:

25 Jun 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 rns@lseg.com 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
 
 
RETPKPBPBBKDFAB