
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 |
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| 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 |
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| 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: |
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| disclosures in respect of any other party to the offer? | AVIVA PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 10 10/11p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 35,825,170 | 2.73% | 17,554,668 | 1.33% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 2,935,709 | 0.22% | 35,291,506 | 2.69% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 38,760,879 | 2.96% | 52,846,174 | 4.02% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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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 | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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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 | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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| paid/ |
security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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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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