Form 8.3 DIRECT LINE INSURANCE GROUP PLC - Replace

Barclays PLC

13 June 2025

 

FORM 8.3 Amendment - This form replaces RNS number 6140A published at 15:11 on 13/03/2025 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 PLCs.
(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:			12 Mar 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:				32,271,097	2.46%	11,196,751	0.85%
(2) Cash-settled derivatives:				10,627,170	0.81%	31,609,869	2.41%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				42,898,267	3.27%	42,806,620	3.26%
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	8,695,553	2.7522  GBP
10 10/11p ordinary	Purchase	523,997	2.7669  GBP
10 10/11p ordinary	Purchase	144,648	2.7620  GBP
10 10/11p ordinary	Purchase	126,276	2.7626  GBP
10 10/11p ordinary	Purchase	85,648	2.7597  GBP
10 10/11p ordinary	Purchase	85,309	2.7601  GBP
10 10/11p ordinary	Purchase	59,825	2.7609  GBP
10 10/11p ordinary	Purchase	46,873	2.7543  GBP
10 10/11p ordinary	Purchase	40,100	2.7585  GBP
10 10/11p ordinary	Purchase	31,422	2.7642  GBP
10 10/11p ordinary	Purchase	18,531	2.7632  GBP
10 10/11p ordinary	Purchase	15,545	2.7528  GBP
10 10/11p ordinary	Purchase	13,071	2.7564  GBP
10 10/11p ordinary	Purchase	9,545	2.7621  GBP
10 10/11p ordinary	Purchase	9,448	2.7629  GBP
10 10/11p ordinary	Purchase	7,801	2.7577  GBP
10 10/11p ordinary	Purchase	7,490	2.7637  GBP
10 10/11p ordinary	Purchase	6,437	2.7600  GBP
10 10/11p ordinary	Purchase	4,611	2.7575  GBP
10 10/11p ordinary	Purchase	4,297	2.7666  GBP
10 10/11p ordinary	Purchase	3,787	2.7592  GBP
10 10/11p ordinary	Purchase	3,779	2.7569  GBP
10 10/11p ordinary	Purchase	3,735	2.7589  GBP
10 10/11p ordinary	Purchase	3,497	2.7558  GBP
10 10/11p ordinary	Purchase	3,447	2.7615  GBP
10 10/11p ordinary	Purchase	2,830	2.7607  GBP
10 10/11p ordinary	Purchase	2,223	2.7627  GBP
10 10/11p ordinary	Purchase	1,515	2.7612  GBP
10 10/11p ordinary	Purchase	1,487	2.7561  GBP
10 10/11p ordinary	Purchase	1,468	2.7580  GBP
10 10/11p ordinary	Purchase	1,038	2.7550  GBP
10 10/11p ordinary	Purchase	932	2.7660  GBP
10 10/11p ordinary	Purchase	590	2.7700  GBP
10 10/11p ordinary	Purchase	160	2.7480  GBP
10 10/11p ordinary	Purchase	21	2.7640  GBP
10 10/11p ordinary	Purchase	1	2.7611  GBP
10 10/11p ordinary	Sale	523,997	2.7669  GBP
10 10/11p ordinary	Sale	117,325	2.7605  GBP
10 10/11p ordinary	Sale	66,226	2.7604  GBP
10 10/11p ordinary	Sale	46,300	2.7620  GBP
10 10/11p ordinary	Sale	45,340	2.7659  GBP
10 10/11p ordinary	Sale	27,807	2.7619  GBP
10 10/11p ordinary	Sale	24,771	2.7627  GBP
10 10/11p ordinary	Sale	21,941	2.7609  GBP
10 10/11p ordinary	Sale	14,620	2.7631  GBP
10 10/11p ordinary	Sale	10,365	2.7625  GBP
10 10/11p ordinary	Sale	7,352	2.7615  GBP
10 10/11p ordinary	Sale	7,115	2.7595  GBP
10 10/11p ordinary	Sale	7,096	2.7546  GBP
10 10/11p ordinary	Sale	6,823	2.7600  GBP
10 10/11p ordinary	Sale	4,974	2.7578  GBP
10 10/11p ordinary	Sale	4,913	2.7479  GBP
10 10/11p ordinary	Sale	4,723	2.7541  GBP
10 10/11p ordinary	Sale	4,390	2.7558  GBP
10 10/11p ordinary	Sale	3,925	2.7598  GBP
10 10/11p ordinary	Sale	3,771	2.7648  GBP
10 10/11p ordinary	Sale	3,016	2.7680  GBP
10 10/11p ordinary	Sale	2,990	2.7660  GBP
10 10/11p ordinary	Sale	1,797	2.7607  GBP
10 10/11p ordinary	Sale	1,500	2.7560  GBP
10 10/11p ordinary	Sale	1,468	2.7580  GBP
10 10/11p ordinary	Sale	954	2.7597  GBP
10 10/11p ordinary	Sale	70	2.7421  GBP
10 10/11p ordinary	Sale	21	2.7640  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 Short	8,000,000	2.7522  GBP
10 10/11p ordinary	SWAP	Decreasing Short	70	2.7420  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,913	2.7479  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,683	2.7525  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,723	2.7541  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,390	2.7558  GBP
10 10/11p ordinary	SWAP	Decreasing Short	969	2.7571  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,974	2.7578  GBP
10 10/11p ordinary	SWAP	Decreasing Short	387	2.7580  GBP
10 10/11p ordinary	SWAP	Decreasing Short	954	2.7597  GBP
10 10/11p ordinary	SWAP	Decreasing Short	56,601	2.7602  GBP
10 10/11p ordinary	SWAP	Decreasing Short	5,158	2.7604  GBP
10 10/11p ordinary	SWAP	Decreasing Short	13,852	2.7609  GBP
10 10/11p ordinary	SWAP	Decreasing Short	27,807	2.7619  GBP
10 10/11p ordinary	SWAP	Decreasing Short	85,531	2.7620  GBP
10 10/11p ordinary	SWAP	Decreasing Short	10,365	2.7625  GBP
10 10/11p ordinary	SWAP	Decreasing Short	24,771	2.7627  GBP
10 10/11p ordinary	SWAP	Decreasing Short	14,620	2.7631  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,771	2.7648  GBP
10 10/11p ordinary	SWAP	Decreasing Short	2,058	2.7660  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,477	2.7678  GBP
10 10/11p ordinary	SWAP	Increasing Short	46,873	2.7543  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,487	2.7561  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,779	2.7569  GBP
10 10/11p ordinary	SWAP	Increasing Short	102,855	2.7582  GBP
10 10/11p ordinary	SWAP	Increasing Short	57,016	2.7586  GBP
10 10/11p ordinary	SWAP	Increasing Short	3,735	2.7589  GBP
10 10/11p ordinary	SWAP	Increasing Short	419	2.7600  GBP
10 10/11p ordinary	SWAP	Increasing Short	25,835	2.7617  GBP
10 10/11p ordinary	SWAP	Increasing Short	59,183	2.7619  GBP
10 10/11p ordinary	SWAP	Increasing Short	117,050	2.7620  GBP
10 10/11p ordinary	SWAP	Increasing Short	9,545	2.7621  GBP
10 10/11p ordinary	SWAP	Increasing Short	23,729	2.7627  GBP
10 10/11p ordinary	SWAP	Increasing Short	91,502	2.7629  GBP
10 10/11p ordinary	SWAP	Increasing Short	14,960	2.7635  GBP
10 10/11p ordinary	SWAP	Increasing Short	31,422	2.7642  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,297	2.7666  GBP
10 10/11p ordinary	CFD	Decreasing Short	3,764	2.7618  GBP
10 10/11p ordinary	CFD	Increasing Short	695,553	2.7521  GBP
10 10/11p ordinary	CFD	Increasing Short	15,794	2.7587  GBP
10 10/11p ordinary	CFD	Increasing Short	4,735	2.7626  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:				13 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END