RNS Number : 8363O
Barclays PLC
27 June 2025
 

FORM 8.3

Amendment - this form replaces RNS number 4191O published at 14:33 on 25/06/2025, changes made to section 2a.

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:

23 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:

 

 

36,023,543

2.74%

17,452,051

1.33%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,828,554

0.22%

35,148,011

2.68%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

38,852,097

2.96%

52,600,062

4.01%

(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

1,116,915

3.0620  GBP

10 10/11p ordinary

Purchase

346,806

3.0668  GBP

10 10/11p ordinary

Purchase

85,482

3.0639  GBP

10 10/11p ordinary

Purchase

34,533

3.0644  GBP

10 10/11p ordinary

Purchase

18,674

3.0672  GBP

10 10/11p ordinary

Purchase

16,838

3.0654  GBP

10 10/11p ordinary

Purchase

15,393

3.0628  GBP

10 10/11p ordinary

Purchase

9,917

3.0692  GBP

10 10/11p ordinary

Purchase

8,851

3.0641  GBP

10 10/11p ordinary

Purchase

4,691

3.0671  GBP

10 10/11p ordinary

Purchase

3,066

3.0640  GBP

10 10/11p ordinary

Purchase

2,875

3.0642  GBP

10 10/11p ordinary

Purchase

2,411

3.0686  GBP

10 10/11p ordinary

Purchase

2,331

3.0645  GBP

10 10/11p ordinary

Purchase

2,173

3.0700  GBP

10 10/11p ordinary

Purchase

1,451

3.0638  GBP

10 10/11p ordinary

Purchase

1,187

3.0720  GBP

10 10/11p ordinary

Purchase

883

3.0678  GBP

10 10/11p ordinary

Purchase

667

3.0660  GBP

10 10/11p ordinary

Purchase

332

3.0600  GBP

10 10/11p ordinary

Sale

1,147,287

3.0620  GBP

10 10/11p ordinary

Sale

79,146

3.0641  GBP

10 10/11p ordinary

Sale

52,614

3.0629  GBP

10 10/11p ordinary

Sale

29,737

3.0655  GBP

10 10/11p ordinary

Sale

12,299

3.0640  GBP

10 10/11p ordinary

Sale

12,293

3.0668  GBP

10 10/11p ordinary

Sale

11,552

3.0665  GBP

10 10/11p ordinary

Sale

5,554

3.0581  GBP

10 10/11p ordinary

Sale

3,977

3.0638  GBP

10 10/11p ordinary

Sale

3,128

3.0715  GBP

10 10/11p ordinary

Sale

2,973

3.0700  GBP

10 10/11p ordinary

Sale

2,910

3.0653  GBP

10 10/11p ordinary

Sale

2,895

3.0769  GBP

10 10/11p ordinary

Sale

2,500

3.0659  GBP

10 10/11p ordinary

Sale

1,850

3.0673  GBP

10 10/11p ordinary

Sale

1,835

3.0651  GBP

10 10/11p ordinary

Sale

1,124

3.0614  GBP

10 10/11p ordinary

Sale

623

3.0630  GBP

10 10/11p ordinary

Sale

121

3.0690  GBP

10 10/11p ordinary

Sale

68

3.0722  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

5,554

3.0581  GBP

10 10/11p ordinary

SWAP

Decreasing Short

653,002

3.0620  GBP

10 10/11p ordinary

SWAP

Decreasing Short

79,146

3.0641  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,910

3.0653  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,880

3.0656  GBP

10 10/11p ordinary

SWAP

Decreasing Short

522

3.0658  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,557

3.0659  GBP

10 10/11p ordinary

SWAP

Decreasing Short

11,552

3.0665  GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,681

3.0668  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,850

3.0673  GBP

10 10/11p ordinary

SWAP

Decreasing Short

121

3.0690  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,128

3.0715  GBP

10 10/11p ordinary

SWAP

Decreasing Short

68

3.0722  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,895

3.0769  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,308

3.0617  GBP

10 10/11p ordinary

SWAP

Increasing Short

582,011

3.0620  GBP

10 10/11p ordinary

SWAP

Increasing Short

85,482

3.0639  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,875

3.0642  GBP

10 10/11p ordinary

SWAP

Increasing Short

13,843

3.0672  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,427

3.0688  GBP

10 10/11p ordinary

SWAP

Increasing Short

2,199

3.0691  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,490

3.0695  GBP

10 10/11p ordinary

SWAP

Increasing Short

454

3.0700  GBP

10 10/11p ordinary

CFD

Decreasing Short

1,344

3.0620  GBP

10 10/11p ordinary

CFD

Decreasing Short

13,765

3.0647  GBP

10 10/11p ordinary

CFD

Increasing Short

13,094

3.0639  GBP

10 10/11p ordinary

CFD

Increasing Short

25,425

3.0650  GBP

10 10/11p ordinary

CFD

Increasing Short

12,014

3.0651  GBP

10 10/11p ordinary

CFD

Increasing Short

15,274

3.0653  GBP

10 10/11p ordinary

CFD

Increasing Short

739

3.0662  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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