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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
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(d) |
If an exempt fund manager connected with an |
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(e) |
Date position held/dealing undertaken: |
08 Apr 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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Class of relevant security: |
10 10/11p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
35,429,183 |
2.70% |
8,192,756 |
0.62% |
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(2) Cash-settled derivatives: |
8,457,375 |
0.64% |
34,439,064 |
2.63% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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43,886,558 |
3.35% |
42,631,820 |
3.25% |
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(b) |
Rights to subscribe for new securities (including directors and |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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10 10/11p ordinary |
Purchase |
745,640 |
2.6452 GBP |
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10 10/11p ordinary |
Purchase |
552,303 |
2.6553 GBP |
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10 10/11p ordinary |
Purchase |
422,188 |
2.6620 GBP |
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10 10/11p ordinary |
Purchase |
221,225 |
2.6567 GBP |
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10 10/11p ordinary |
Purchase |
209,231 |
2.6524 GBP |
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10 10/11p ordinary |
Purchase |
144,810 |
2.6318 GBP |
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10 10/11p ordinary |
Purchase |
103,003 |
2.6612 GBP |
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10 10/11p ordinary |
Purchase |
98,633 |
2.6481 GBP |
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10 10/11p ordinary |
Purchase |
65,825 |
2.6480 GBP |
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10 10/11p ordinary |
Purchase |
58,032 |
2.6595 GBP |
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10 10/11p ordinary |
Purchase |
57,444 |
2.6529 GBP |
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10 10/11p ordinary |
Purchase |
50,434 |
2.6597 GBP |
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10 10/11p ordinary |
Purchase |
49,921 |
2.6692 GBP |
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10 10/11p ordinary |
Purchase |
26,085 |
2.6701 GBP |
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10 10/11p ordinary |
Purchase |
23,925 |
2.6468 GBP |
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10 10/11p ordinary |
Purchase |
18,010 |
2.6412 GBP |
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10 10/11p ordinary |
Purchase |
15,391 |
2.6522 GBP |
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10 10/11p ordinary |
Purchase |
13,577 |
2.6584 GBP |
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10 10/11p ordinary |
Purchase |
11,581 |
2.6360 GBP |
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10 10/11p ordinary |
Purchase |
11,094 |
2.6554 GBP |
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10 10/11p ordinary |
Purchase |
4,113 |
2.6640 GBP |
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10 10/11p ordinary |
Purchase |
2,646 |
2.6380 GBP |
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10 10/11p ordinary |
Purchase |
2,186 |
2.6580 GBP |
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10 10/11p ordinary |
Purchase |
2,051 |
2.6420 GBP |
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10 10/11p ordinary |
Purchase |
1,918 |
2.6260 GBP |
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10 10/11p ordinary |
Purchase |
1,810 |
2.6440 GBP |
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10 10/11p ordinary |
Purchase |
1,607 |
2.6600 GBP |
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10 10/11p ordinary |
Purchase |
1,102 |
2.6300 GBP |
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10 10/11p ordinary |
Purchase |
606 |
2.6240 GBP |
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10 10/11p ordinary |
Purchase |
471 |
2.6500 GBP |
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10 10/11p ordinary |
Sale |
949,414 |
2.6472 GBP |
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10 10/11p ordinary |
Sale |
213,147 |
2.6524 GBP |
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10 10/11p ordinary |
Sale |
194,859 |
2.6532 GBP |
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10 10/11p ordinary |
Sale |
63,744 |
2.6620 GBP |
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10 10/11p ordinary |
Sale |
28,619 |
2.6606 GBP |
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10 10/11p ordinary |
Sale |
28,336 |
2.6553 GBP |
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10 10/11p ordinary |
Sale |
24,487 |
2.6610 GBP |
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10 10/11p ordinary |
Sale |
21,128 |
2.6379 GBP |
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10 10/11p ordinary |
Sale |
19,691 |
2.6482 GBP |
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10 10/11p ordinary |
Sale |
15,445 |
2.6595 GBP |
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10 10/11p ordinary |
Sale |
12,470 |
2.6660 GBP |
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10 10/11p ordinary |
Sale |
8,668 |
2.6339 GBP |
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10 10/11p ordinary |
Sale |
4,113 |
2.6640 GBP |
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10 10/11p ordinary |
Sale |
3,885 |
2.6354 GBP |
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10 10/11p ordinary |
Sale |
3,317 |
2.6316 GBP |
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10 10/11p ordinary |
Sale |
3,157 |
2.6393 GBP |
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10 10/11p ordinary |
Sale |
3,140 |
2.6400 GBP |
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10 10/11p ordinary |
Sale |
2,873 |
2.6440 GBP |
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10 10/11p ordinary |
Sale |
2,646 |
2.6380 GBP |
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10 10/11p ordinary |
Sale |
2,611 |
2.6453 GBP |
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10 10/11p ordinary |
Sale |
2,186 |
2.6580 GBP |
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10 10/11p ordinary |
Sale |
2,123 |
2.6496 GBP |
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10 10/11p ordinary |
Sale |
2,051 |
2.6420 GBP |
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10 10/11p ordinary |
Sale |
1,918 |
2.6260 GBP |
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10 10/11p ordinary |
Sale |
1,797 |
2.6592 GBP |
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10 10/11p ordinary |
Sale |
1,672 |
2.6550 GBP |
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10 10/11p ordinary |
Sale |
1,607 |
2.6600 GBP |
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10 10/11p ordinary |
Sale |
1,102 |
2.6300 GBP |
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10 10/11p ordinary |
Sale |
606 |
2.6240 GBP |
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10 10/11p ordinary |
Sale |
471 |
2.6500 GBP |
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10 10/11p ordinary |
Sale |
213 |
2.6180 GBP |
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10 10/11p ordinary |
Sale |
161 |
2.6618 GBP |
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10 10/11p ordinary |
Sale |
22 |
2.6779 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
229,870 |
2.5660 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,600 |
2.6288 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,317 |
2.6316 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
8,668 |
2.6339 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
21,128 |
2.6379 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
191 |
2.6460 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,123 |
2.6496 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,916 |
2.6524 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
150,857 |
2.6540 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
28,336 |
2.6552 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,334 |
2.6580 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
28,501 |
2.6597 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
161 |
2.6617 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,581 |
2.6618 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
12,470 |
2.6660 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
24,019 |
2.6668 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
22 |
2.6779 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
229,870 |
2.5660 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
144,810 |
2.6318 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,387 |
2.6536 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
57,240 |
2.6552 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
552,303 |
2.6553 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,381 |
2.6554 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
221,225 |
2.6567 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
27,415 |
2.6577 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
46,941 |
2.6588 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
50,434 |
2.6597 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,146 |
2.6610 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
14,651 |
2.6613 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
386,091 |
2.6620 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
85,887 |
2.6621 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
35,593 |
2.6686 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,084 |
2.6701 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
14,328 |
2.6706 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
18,021 |
2.6329 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
10,593 |
2.6544 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
7,945 |
2.6676 GBP |
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(c) |
Stock-settled derivative transactions |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
09 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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