Form 8.3 - DIRECT LINE INSURANCE GROUP PLC Replace

Barclays PLC

14 February 2025

 

FORM 8.3 Amendment 2A and 3A
Replaces form Released at 11/02/2025 15:26 RNS Number : 7334W
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:			10 Feb 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:				15,627,100	1.19%	14,419,160	1.10%
(2) Cash-settled derivatives:				15,083,383	1.15%	15,209,887	1.16%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,710,483	2.34%	29,629,047	2.26%
Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				200,000	0.06%	0	0.00%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				200,000	0.06%	0	0.00%
(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	287,333	2.6669  GBP
10 10/11p ordinary	Purchase	160,943	2.6620  GBP
10 10/11p ordinary	Purchase	32,596	2.6625  GBP
10 10/11p ordinary	Purchase	30,582	2.6803  GBP
10 10/11p ordinary	Purchase	12,593	2.6667  GBP
10 10/11p ordinary	Purchase	11,406	2.6736  GBP
10 10/11p ordinary	Purchase	9,828	2.6701  GBP
10 10/11p ordinary	Purchase	6,913	2.6660  GBP
10 10/11p ordinary	Purchase	6,484	2.6716  GBP
10 10/11p ordinary	Purchase	4,652	2.6640  GBP
10 10/11p ordinary	Purchase	4,486	2.6785  GBP
10 10/11p ordinary	Purchase	2,953	2.6646  GBP
10 10/11p ordinary	Purchase	2,511	2.6686  GBP
10 10/11p ordinary	Purchase	2,365	2.6671  GBP
10 10/11p ordinary	Purchase	1,991	2.6683  GBP
10 10/11p ordinary	Purchase	1,052	2.6840  GBP
10 10/11p ordinary	Purchase	834	2.6933  GBP
10 10/11p ordinary	Purchase	510	2.6720  GBP
10 10/11p ordinary	Purchase	210	2.6650  GBP
10 10/11p ordinary	Purchase	104	2.6740  GBP
10 10/11p ordinary	Purchase	71	2.6780  GBP
10 10/11p ordinary	Purchase	2	2.6760  GBP
10 10/11p ordinary	Sale	60,600	2.6679  GBP
10 10/11p ordinary	Sale	35,233	2.6756  GBP
10 10/11p ordinary	Sale	33,888	2.6716  GBP
10 10/11p ordinary	Sale	23,751	2.6768  GBP
10 10/11p ordinary	Sale	17,459	2.6637  GBP
10 10/11p ordinary	Sale	14,468	2.6620  GBP
10 10/11p ordinary	Sale	9,894	2.6640  GBP
10 10/11p ordinary	Sale	8,944	2.6653  GBP
10 10/11p ordinary	Sale	8,407	2.6707  GBP
10 10/11p ordinary	Sale	5,858	2.6720  GBP
10 10/11p ordinary	Sale	4,681	2.6691  GBP
10 10/11p ordinary	Sale	3,799	2.6660  GBP
10 10/11p ordinary	Sale	3,206	2.6647  GBP
10 10/11p ordinary	Sale	2,631	2.6723  GBP
10 10/11p ordinary	Sale	613	2.6729  GBP
10 10/11p ordinary	Sale	527	2.6623  GBP
10 10/11p ordinary	Sale	317	2.6634  GBP
10 10/11p ordinary	Sale	163	2.6680  GBP
10 10/11p ordinary	Sale	138	2.6740  GBP
10 10/11p ordinary	Sale	71	2.6780  GBP
10 10/11p ordinary	Sale	25	2.6668  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	Increasing Long	25,300	2.6619  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,725	2.6620  GBP
10 10/11p ordinary	SWAP	Increasing Long	27,745	2.6638  GBP
10 10/11p ordinary	SWAP	Increasing Long	25	2.6668  GBP
10 10/11p ordinary	SWAP	Increasing Long	123	2.6680  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,195	2.6682  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,407	2.6707  GBP
10 10/11p ordinary	SWAP	Increasing Long	409	2.6720  GBP
10 10/11p ordinary	SWAP	Increasing Long	35,300	2.6722  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,631	2.6723  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,116	2.6734  GBP
10 10/11p ordinary	SWAP	Increasing Long	28,246	2.6766  GBP
10 10/11p ordinary	SWAP	Increasing Long	23,751	2.6768  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,093	2.6620  GBP
10 10/11p ordinary	SWAP	Decreasing Long	114,535	2.6621  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,492	2.6640  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,944	2.6661  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,365	2.6671  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,667	2.6749  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,486	2.6785  GBP
10 10/11p ordinary	SWAP	Decreasing Long	30,582	2.6803  GBP
10 10/11p ordinary	SWAP	Decreasing Long	834	2.6933  GBP
10 10/11p ordinary	CFD	Increasing Short	4,435	2.6655  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:				14 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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