RNS Number : 8349O
Barclays PLC
27 June 2025
 

FORM 8.3

Amendment - this form replaces RNS number 0294O published at 15:19 on 23/06/2025, changes made to section 2a and 3a.

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:

20 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:

 

 

35,825,170

2.73%

17,554,668

1.33%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,935,709

0.22%

35,291,506

2.69%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

38,760,879

2.96%

52,846,174

4.02%

(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

1,037,281

3.0760  GBP

10 10/11p ordinary

Purchase

431,768

3.0749  GBP

10 10/11p ordinary

Purchase

90,745

3.0793  GBP

10 10/11p ordinary

Purchase

77,696

3.0765  GBP

10 10/11p ordinary

Purchase

70,321

3.0761  GBP

10 10/11p ordinary

Purchase

42,925

3.0789  GBP

10 10/11p ordinary

Purchase

35,672

3.0766  GBP

10 10/11p ordinary

Purchase

28,580

3.0781  GBP

10 10/11p ordinary

Purchase

20,991

3.0700  GBP

10 10/11p ordinary

Purchase

18,036

3.0798  GBP

10 10/11p ordinary

Purchase

17,974

3.0779  GBP

10 10/11p ordinary

Purchase

15,148

3.0800  GBP

10 10/11p ordinary

Purchase

15,071

3.0783  GBP

10 10/11p ordinary

Purchase

14,988

3.0740  GBP

10 10/11p ordinary

Purchase

14,142

3.0790  GBP

10 10/11p ordinary

Purchase

10,630

3.0772  GBP

10 10/11p ordinary

Purchase

9,798

3.0810  GBP

10 10/11p ordinary

Purchase

8,127

3.0799  GBP

10 10/11p ordinary

Purchase

7,987

3.0792  GBP

10 10/11p ordinary

Purchase

7,873

3.0771  GBP

10 10/11p ordinary

Purchase

6,075

3.0785  GBP

10 10/11p ordinary

Purchase

5,207

3.0780  GBP

10 10/11p ordinary

Purchase

4,566

3.0782  GBP

10 10/11p ordinary

Purchase

2,690

3.0758  GBP

10 10/11p ordinary

Purchase

2,345

3.0820  GBP

10 10/11p ordinary

Purchase

2,033

3.0776  GBP

10 10/11p ordinary

Purchase

1,805

3.0713  GBP

10 10/11p ordinary

Purchase

485

3.0770  GBP

10 10/11p ordinary

Sale

14,901,600

3.0756  GBP

10 10/11p ordinary

Sale

538,222

3.0760  GBP

10 10/11p ordinary

Sale

66,473

3.0763  GBP

10 10/11p ordinary

Sale

59,580

3.0781  GBP

10 10/11p ordinary

Sale

21,077

3.0740  GBP

10 10/11p ordinary

Sale

9,587

3.0806  GBP

10 10/11p ordinary

Sale

8,987

3.0779  GBP

10 10/11p ordinary

Sale

7,538

3.0780  GBP

10 10/11p ordinary

Sale

3,865

3.0768  GBP

10 10/11p ordinary

Sale

3,590

3.0759  GBP

10 10/11p ordinary

Sale

3,043

3.0770  GBP

10 10/11p ordinary

Sale

2,991

3.0743  GBP

10 10/11p ordinary

Sale

2,345

3.0820  GBP

10 10/11p ordinary

Sale

2,182

3.0785  GBP

10 10/11p ordinary

Sale

926

3.0810  GBP

10 10/11p ordinary

Sale

871

3.0731  GBP

10 10/11p ordinary

Sale

236

3.0816  GBP

10 10/11p ordinary

Sale

42

3.0592  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

Decreasing Short

42

3.0593  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,865

3.0768  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,043

3.0770  GBP

10 10/11p ordinary

SWAP

Decreasing Short

8,905

3.0779  GBP

10 10/11p ordinary

SWAP

Decreasing Short

21,471

3.0820  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,244

3.0720  GBP

10 10/11p ordinary

SWAP

Increasing Short

7,082

3.0748  GBP

10 10/11p ordinary

SWAP

Increasing Short

102,316

3.0759  GBP

10 10/11p ordinary

SWAP

Increasing Short

637,010

3.0760  GBP

10 10/11p ordinary

SWAP

Increasing Short

47,900

3.0764  GBP

10 10/11p ordinary

SWAP

Increasing Short

77,696

3.0765  GBP

10 10/11p ordinary

SWAP

Increasing Short

41,768

3.0770  GBP

10 10/11p ordinary

SWAP

Increasing Short

10,630

3.0772  GBP

10 10/11p ordinary

SWAP

Increasing Short

20,900

3.0777  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,075

3.0785  GBP

10 10/11p ordinary

SWAP

Increasing Short

42,925

3.0789  GBP

10 10/11p ordinary

SWAP

Increasing Short

7,987

3.0792  GBP

10 10/11p ordinary

SWAP

Increasing Short

90,710

3.0793  GBP

10 10/11p ordinary

SWAP

Increasing Short

25,461

3.0794  GBP

10 10/11p ordinary

SWAP

Increasing Short

17,894

3.0796  GBP

10 10/11p ordinary

SWAP

Increasing Short

18,036

3.0798  GBP

10 10/11p ordinary

SWAP

Increasing Short

7,989

3.0814  GBP

10 10/11p ordinary

SWAP

Increasing Short

335

3.0819  GBP

10 10/11p ordinary

CFD

Decreasing Short

10,060

3.0740  GBP

10 10/11p ordinary

CFD

Decreasing Short

17,671

3.0753  GBP

10 10/11p ordinary

CFD

Decreasing Short

1,001

3.0760  GBP

10 10/11p ordinary

CFD

Increasing Short

40,394

3.0623  GBP

10 10/11p ordinary

CFD

Increasing Short

7,805

3.0637  GBP

10 10/11p ordinary

CFD

Increasing Short

10,540

3.0753  GBP

10 10/11p ordinary

CFD

Increasing Short

14,247

3.0760  GBP

10 10/11p ordinary

CFD

Increasing Short

100,000

3.0768  GBP

10 10/11p ordinary

CFD

Increasing Short

285

3.0780  GBP

10 10/11p ordinary

CFD

Increasing Short

2,345

3.0820  GBP

10 10/11p ordinary

CFD

Increasing Short

1,884

3.0822  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:

27 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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