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 12/02/2025 15:23 RNS Number : 9012W
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:			11 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:				16,476,821	1.25%	14,177,752	1.08%
(2) Cash-settled derivatives:				14,893,743	1.14%	15,998,362	1.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,370,564	2.39%	30,176,114	2.30%
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	433,012	2.6490  GBP
10 10/11p ordinary	Purchase	350,000	2.6583  GBP
10 10/11p ordinary	Purchase	250,000	2.6497  GBP
10 10/11p ordinary	Purchase	165,929	2.6558  GBP
10 10/11p ordinary	Purchase	163,927	2.6519  GBP
10 10/11p ordinary	Purchase	74,606	2.6461  GBP
10 10/11p ordinary	Purchase	69,284	2.6545  GBP
10 10/11p ordinary	Purchase	58,253	2.6511  GBP
10 10/11p ordinary	Purchase	55,007	2.6460  GBP
10 10/11p ordinary	Purchase	40,000	2.6486  GBP
10 10/11p ordinary	Purchase	25,243	2.6528  GBP
10 10/11p ordinary	Purchase	21,269	2.6491  GBP
10 10/11p ordinary	Purchase	20,765	2.6510  GBP
10 10/11p ordinary	Purchase	17,918	2.6670  GBP
10 10/11p ordinary	Purchase	16,381	2.6560  GBP
10 10/11p ordinary	Purchase	14,555	2.6504  GBP
10 10/11p ordinary	Purchase	14,401	2.6480  GBP
10 10/11p ordinary	Purchase	14,318	2.6540  GBP
10 10/11p ordinary	Purchase	12,799	2.6640  GBP
10 10/11p ordinary	Purchase	12,748	2.6548  GBP
10 10/11p ordinary	Purchase	7,000	2.6546  GBP
10 10/11p ordinary	Purchase	6,886	2.6600  GBP
10 10/11p ordinary	Purchase	6,797	2.6580  GBP
10 10/11p ordinary	Purchase	5,500	2.6610  GBP
10 10/11p ordinary	Purchase	5,206	2.6620  GBP
10 10/11p ordinary	Purchase	4,943	2.6500  GBP
10 10/11p ordinary	Purchase	4,774	2.6472  GBP
10 10/11p ordinary	Purchase	4,727	2.6555  GBP
10 10/11p ordinary	Purchase	3,819	2.6521  GBP
10 10/11p ordinary	Purchase	3,603	2.6440  GBP
10 10/11p ordinary	Purchase	3,314	2.6420  GBP
10 10/11p ordinary	Purchase	3,073	2.6502  GBP
10 10/11p ordinary	Purchase	2,464	2.6680  GBP
10 10/11p ordinary	Purchase	2,450	2.6601  GBP
10 10/11p ordinary	Purchase	1,187	2.6660  GBP
10 10/11p ordinary	Purchase	1,160	2.6679  GBP
10 10/11p ordinary	Purchase	1,122	2.6520  GBP
10 10/11p ordinary	Purchase	1,029	2.6570  GBP
10 10/11p ordinary	Purchase	912	2.6650  GBP
10 10/11p ordinary	Purchase	415	2.6462  GBP
10 10/11p ordinary	Sale	139,411	2.6472  GBP
10 10/11p ordinary	Sale	137,661	2.6477  GBP
10 10/11p ordinary	Sale	122,664	2.6532  GBP
10 10/11p ordinary	Sale	75,444	2.6533  GBP
10 10/11p ordinary	Sale	75,370	2.6489  GBP
10 10/11p ordinary	Sale	37,183	2.6460  GBP
10 10/11p ordinary	Sale	27,010	2.6459  GBP
10 10/11p ordinary	Sale	21,294	2.6674  GBP
10 10/11p ordinary	Sale	17,088	2.6481  GBP
10 10/11p ordinary	Sale	15,820	2.6560  GBP
10 10/11p ordinary	Sale	15,480	2.6493  GBP
10 10/11p ordinary	Sale	14,401	2.6480  GBP
10 10/11p ordinary	Sale	14,318	2.6540  GBP
10 10/11p ordinary	Sale	12,799	2.6640  GBP
10 10/11p ordinary	Sale	11,104	2.6513  GBP
10 10/11p ordinary	Sale	10,620	2.6572  GBP
10 10/11p ordinary	Sale	6,853	2.6548  GBP
10 10/11p ordinary	Sale	6,059	2.6580  GBP
10 10/11p ordinary	Sale	5,100	2.6458  GBP
10 10/11p ordinary	Sale	4,943	2.6500  GBP
10 10/11p ordinary	Sale	4,184	2.6597  GBP
10 10/11p ordinary	Sale	4,120	2.6563  GBP
10 10/11p ordinary	Sale	3,799	2.6592  GBP
10 10/11p ordinary	Sale	3,603	2.6440  GBP
10 10/11p ordinary	Sale	3,314	2.6420  GBP
10 10/11p ordinary	Sale	2,801	2.6544  GBP
10 10/11p ordinary	Sale	2,667	2.6620  GBP
10 10/11p ordinary	Sale	2,559	2.6598  GBP
10 10/11p ordinary	Sale	2,426	2.6600  GBP
10 10/11p ordinary	Sale	2,005	2.6538  GBP
10 10/11p ordinary	Sale	1,886	2.6520  GBP
10 10/11p ordinary	Sale	1,187	2.6660  GBP
10 10/11p ordinary	Sale	1,160	2.6680  GBP
10 10/11p ordinary	Sale	1,029	2.6570  GBP
10 10/11p ordinary	Sale	912	2.6650  GBP
10 10/11p ordinary	Sale	798	2.6464  GBP
10 10/11p ordinary	Sale	405	2.6499  GBP
10 10/11p ordinary	Sale	190	2.6457  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	190	2.6457  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,100	2.6458  GBP
10 10/11p ordinary	SWAP	Increasing Long	27,010	2.6459  GBP
10 10/11p ordinary	SWAP	Increasing Long	54,721	2.6460  GBP
10 10/11p ordinary	SWAP	Increasing Long	79,287	2.6475  GBP
10 10/11p ordinary	SWAP	Increasing Long	405	2.6499  GBP
10 10/11p ordinary	SWAP	Increasing Long	764	2.6520  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,263	2.6534  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,800	2.6537  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,853	2.6548  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,158	2.6558  GBP
10 10/11p ordinary	SWAP	Increasing Long	7,725	2.6562  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,800	2.6569  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,620	2.6572  GBP
10 10/11p ordinary	SWAP	Decreasing Long	18,172	2.6460  GBP
10 10/11p ordinary	SWAP	Decreasing Long	70,210	2.6461  GBP
10 10/11p ordinary	SWAP	Decreasing Long	415	2.6462  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,774	2.6472  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,652	2.6487  GBP
10 10/11p ordinary	SWAP	Decreasing Long	631	2.6489  GBP
10 10/11p ordinary	SWAP	Decreasing Long	250,000	2.6497  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,202	2.6501  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,912	2.6502  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,917	2.6507  GBP
10 10/11p ordinary	SWAP	Decreasing Long	58,253	2.6511  GBP
10 10/11p ordinary	SWAP	Decreasing Long	193,043	2.6519  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1	2.6540  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,418	2.6547  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,205	2.6558  GBP
10 10/11p ordinary	SWAP	Decreasing Long	716	2.6560  GBP
10 10/11p ordinary	SWAP	Decreasing Long	12,127	2.6614  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,100	2.6637  GBP
10 10/11p ordinary	SWAP	Decreasing Long	287,333	2.6669  GBP
10 10/11p ordinary	CFD	Decreasing Short	1,809	2.6578  GBP
10 10/11p ordinary	CFD	Increasing Short	2,954	2.6518  GBP
10 10/11p ordinary	CFD	Increasing Short	57,400	2.6541  GBP
10 10/11p ordinary	CFD	Increasing Short	151,185	2.6560  GBP
10 10/11p ordinary	SWAP	Opening Short	40,000	2.6487  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

 

END