Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Barclays PLC

08 January 2025

 

FORM 8.3
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:			07 Jan 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:				7,469,921	0.57%	11,882,377	0.91%
(2) Cash-settled derivatives:				12,619,526	0.96%	7,309,837	0.56%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				20,089,447	1.53%	19,192,214	1.46%
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	405,977	2.5899  GBP
10 10/11p ordinary	Purchase	238,227	2.5888  GBP
10 10/11p ordinary	Purchase	172,809	2.5936  GBP
10 10/11p ordinary	Purchase	76,805	2.5946  GBP
10 10/11p ordinary	Purchase	66,136	2.5915  GBP
10 10/11p ordinary	Purchase	63,245	2.5921  GBP
10 10/11p ordinary	Purchase	45,695	2.5958  GBP
10 10/11p ordinary	Purchase	41,404	2.5930  GBP
10 10/11p ordinary	Purchase	37,522	2.5944  GBP
10 10/11p ordinary	Purchase	34,344	2.5937  GBP
10 10/11p ordinary	Purchase	32,357	2.5939  GBP
10 10/11p ordinary	Purchase	22,567	2.5861  GBP
10 10/11p ordinary	Purchase	21,310	2.5952  GBP
10 10/11p ordinary	Purchase	18,771	2.5886  GBP
10 10/11p ordinary	Purchase	18,753	2.5927  GBP
10 10/11p ordinary	Purchase	15,853	2.5945  GBP
10 10/11p ordinary	Purchase	14,702	2.5928  GBP
10 10/11p ordinary	Purchase	10,161	2.5920  GBP
10 10/11p ordinary	Purchase	9,863	2.5918  GBP
10 10/11p ordinary	Purchase	8,756	2.5860  GBP
10 10/11p ordinary	Purchase	8,069	2.5943  GBP
10 10/11p ordinary	Purchase	7,453	2.5951  GBP
10 10/11p ordinary	Purchase	6,861	2.5900  GBP
10 10/11p ordinary	Purchase	6,443	2.5940  GBP
10 10/11p ordinary	Purchase	4,455	2.5935  GBP
10 10/11p ordinary	Purchase	3,619	2.5960  GBP
10 10/11p ordinary	Purchase	2,398	2.5929  GBP
10 10/11p ordinary	Purchase	2,198	2.5919  GBP
10 10/11p ordinary	Purchase	1,598	2.5925  GBP
10 10/11p ordinary	Purchase	1,312	2.5878  GBP
10 10/11p ordinary	Purchase	439	2.5912  GBP
10 10/11p ordinary	Sale	210,251	2.5927  GBP
10 10/11p ordinary	Sale	76,805	2.5950  GBP
10 10/11p ordinary	Sale	72,059	2.5933  GBP
10 10/11p ordinary	Sale	67,141	2.5860  GBP
10 10/11p ordinary	Sale	62,207	2.5917  GBP
10 10/11p ordinary	Sale	51,775	2.5930  GBP
10 10/11p ordinary	Sale	41,800	2.5902  GBP
10 10/11p ordinary	Sale	37,996	2.5926  GBP
10 10/11p ordinary	Sale	25,914	2.5934  GBP
10 10/11p ordinary	Sale	22,512	2.5940  GBP
10 10/11p ordinary	Sale	19,398	2.5928  GBP
10 10/11p ordinary	Sale	15,800	2.5901  GBP
10 10/11p ordinary	Sale	11,040	2.5919  GBP
10 10/11p ordinary	Sale	8,423	2.5859  GBP
10 10/11p ordinary	Sale	7,122	2.5920  GBP
10 10/11p ordinary	Sale	3,619	2.5960  GBP
10 10/11p ordinary	Sale	2,808	2.5970  GBP
10 10/11p ordinary	Sale	1,535	2.5909  GBP
10 10/11p ordinary	Sale	790	2.5900  GBP
10 10/11p ordinary	Sale	660	2.5937  GBP
10 10/11p ordinary	Sale	485	2.5980  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	33,013	2.5905  GBP
10 10/11p ordinary	SWAP	Increasing Long	8,423	2.5859  GBP
10 10/11p ordinary	SWAP	Increasing Long	26	2.5860  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,337	2.5874  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,913	2.5885  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,800	2.5890  GBP
10 10/11p ordinary	SWAP	Increasing Long	790	2.5900  GBP
10 10/11p ordinary	SWAP	Increasing Long	27,000	2.5908  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,535	2.5909  GBP
10 10/11p ordinary	SWAP	Increasing Long	62,207	2.5917  GBP
10 10/11p ordinary	SWAP	Increasing Long	14,808	2.5922  GBP
10 10/11p ordinary	SWAP	Increasing Long	60,220	2.5926  GBP
10 10/11p ordinary	SWAP	Increasing Long	160,000	2.5927  GBP
10 10/11p ordinary	SWAP	Increasing Long	51,775	2.5930  GBP
10 10/11p ordinary	SWAP	Increasing Long	35,924	2.5932  GBP
10 10/11p ordinary	SWAP	Increasing Long	25,914	2.5934  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,887	2.5973  GBP
10 10/11p ordinary	SWAP	Decreasing Long	57,872	2.5860  GBP
10 10/11p ordinary	SWAP	Decreasing Long	22,567	2.5861  GBP
10 10/11p ordinary	SWAP	Decreasing Long	14,576	2.5900  GBP
10 10/11p ordinary	SWAP	Decreasing Long	28,891	2.5905  GBP
10 10/11p ordinary	SWAP	Decreasing Long	185,894	2.5908  GBP
10 10/11p ordinary	SWAP	Decreasing Long	439	2.5912  GBP
10 10/11p ordinary	SWAP	Decreasing Long	66,136	2.5915  GBP
10 10/11p ordinary	SWAP	Decreasing Long	381,006	2.5916  GBP
10 10/11p ordinary	SWAP	Decreasing Long	125,055	2.5920  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,455	2.5935  GBP
10 10/11p ordinary	SWAP	Decreasing Long	112,267	2.5936  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,000	2.5940  GBP
10 10/11p ordinary	SWAP	Decreasing Long	13,878	2.5944  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,148	2.5946  GBP
10 10/11p ordinary	SWAP	Decreasing Long	21,310	2.5952  GBP
10 10/11p ordinary	SWAP	Decreasing Long	60,236	2.5958  GBP
10 10/11p ordinary	CFD	Decreasing Short	9,677	2.5929  GBP
10 10/11p ordinary	CFD	Increasing Short	20,102	2.5909  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:				08 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END