|
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 |
|
|||||
|
(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
|||||
|
(d) |
If an exempt fund manager connected with an |
|
|||||
|
(e) |
Date position held/dealing undertaken: |
25 Apr 2025 |
|||||
|
(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
|||||
|
2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
||||||
|
(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
||||||
|
Class of relevant security: |
10 10/11p ordinary |
||||||
|
|
Interests |
Short Positions |
|||||
|
Number |
(%) |
Number |
(%) |
||||
|
(1) Relevant securities owned and/or controlled: |
38,963,598 |
2.97% |
5,850,059 |
0.44% |
|||
|
(2) Cash-settled derivatives: |
6,122,401 |
0.47% |
38,071,300 |
2.90% |
|||
|
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
|||
|
|
45,085,999 |
3.44% |
43,921,359 |
3.34% |
|||
|
(b) |
Rights to subscribe for new securities (including directors and |
||||||
|
Class of relevant security in relation to |
|
||||||
|
Details, including nature of the rights |
|
||||||
|
3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
||||||
|
(a) |
Purchase and sales |
||||||
|
Class of relevant |
Purchase/sale |
Number of |
Price per unit |
||||
|
10 10/11p ordinary |
Purchase |
361,507 |
2.7844 GBP |
||||
|
10 10/11p ordinary |
Purchase |
234,353 |
2.7833 GBP |
||||
|
10 10/11p ordinary |
Purchase |
76,521 |
2.7888 GBP |
||||
|
10 10/11p ordinary |
Purchase |
49,243 |
2.7960 GBP |
||||
|
10 10/11p ordinary |
Purchase |
42,129 |
2.7879 GBP |
||||
|
10 10/11p ordinary |
Purchase |
38,493 |
2.7845 GBP |
||||
|
10 10/11p ordinary |
Purchase |
36,347 |
2.7829 GBP |
||||
|
10 10/11p ordinary |
Purchase |
23,260 |
2.7950 GBP |
||||
|
10 10/11p ordinary |
Purchase |
21,381 |
2.7891 GBP |
||||
|
10 10/11p ordinary |
Purchase |
19,973 |
2.7859 GBP |
||||
|
10 10/11p ordinary |
Purchase |
9,308 |
2.7860 GBP |
||||
|
10 10/11p ordinary |
Purchase |
8,700 |
2.7852 GBP |
||||
|
10 10/11p ordinary |
Purchase |
7,115 |
2.7865 GBP |
||||
|
10 10/11p ordinary |
Purchase |
3,699 |
2.7837 GBP |
||||
|
10 10/11p ordinary |
Purchase |
3,679 |
2.7820 GBP |
||||
|
10 10/11p ordinary |
Purchase |
3,283 |
2.7864 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,970 |
2.7830 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,908 |
2.7868 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,816 |
2.7900 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,758 |
2.7873 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,340 |
2.7871 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,298 |
2.7842 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,222 |
2.7890 GBP |
||||
|
10 10/11p ordinary |
Purchase |
1,702 |
2.7850 GBP |
||||
|
10 10/11p ordinary |
Purchase |
1,529 |
2.7832 GBP |
||||
|
10 10/11p ordinary |
Purchase |
1,139 |
2.7880 GBP |
||||
|
10 10/11p ordinary |
Purchase |
1,012 |
2.7800 GBP |
||||
|
10 10/11p ordinary |
Purchase |
987 |
2.7920 GBP |
||||
|
10 10/11p ordinary |
Purchase |
828 |
2.7848 GBP |
||||
|
10 10/11p ordinary |
Purchase |
642 |
2.7840 GBP |
||||
|
10 10/11p ordinary |
Purchase |
3 |
2.8000 GBP |
||||
|
10 10/11p ordinary |
Sale |
222,286 |
2.7945 GBP |
||||
|
10 10/11p ordinary |
Sale |
175,419 |
2.7857 GBP |
||||
|
10 10/11p ordinary |
Sale |
48,069 |
2.7845 GBP |
||||
|
10 10/11p ordinary |
Sale |
34,491 |
2.7960 GBP |
||||
|
10 10/11p ordinary |
Sale |
15,934 |
2.7842 GBP |
||||
|
10 10/11p ordinary |
Sale |
15,072 |
2.7885 GBP |
||||
|
10 10/11p ordinary |
Sale |
10,106 |
2.7943 GBP |
||||
|
10 10/11p ordinary |
Sale |
7,408 |
2.7871 GBP |
||||
|
10 10/11p ordinary |
Sale |
7,259 |
2.7840 GBP |
||||
|
10 10/11p ordinary |
Sale |
5,804 |
2.7820 GBP |
||||
|
10 10/11p ordinary |
Sale |
5,081 |
2.7850 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,533 |
2.7839 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,329 |
2.7866 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,114 |
2.7860 GBP |
||||
|
10 10/11p ordinary |
Sale |
2,548 |
2.7825 GBP |
||||
|
10 10/11p ordinary |
Sale |
2,237 |
2.7855 GBP |
||||
|
10 10/11p ordinary |
Sale |
1,929 |
2.7900 GBP |
||||
|
10 10/11p ordinary |
Sale |
1,529 |
2.7834 GBP |
||||
|
10 10/11p ordinary |
Sale |
1,223 |
2.7838 GBP |
||||
|
10 10/11p ordinary |
Sale |
1,211 |
2.7780 GBP |
||||
|
10 10/11p ordinary |
Sale |
1,139 |
2.7880 GBP |
||||
|
10 10/11p ordinary |
Sale |
512 |
2.7740 GBP |
||||
|
(b) |
Cash-settled derivative transactions |
||||||
|
Class of |
Product description |
Nature of dealing |
Number of |
Price per |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
100 |
2.7819 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
3,533 |
2.7839 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
497 |
2.7842 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
48,069 |
2.7845 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
4,843 |
2.7852 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
2,237 |
2.7855 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
170,576 |
2.7857 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
2,559 |
2.7885 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
109,167 |
2.7960 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
313 |
2.7760 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
6,474 |
2.7828 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
234,353 |
2.7833 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
330 |
2.7840 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
361,507 |
2.7844 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
38,493 |
2.7845 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
5,707 |
2.7855 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
346 |
2.7860 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
4,110 |
2.7865 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
26,754 |
2.7877 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
15,375 |
2.7883 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
8,393 |
2.7888 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
422 |
2.7960 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
24,371 |
2.7961 GBP |
|||
|
10 10/11p ordinary |
CFD |
Decreasing Short |
11,437 |
2.7855 GBP |
|||
|
10 10/11p ordinary |
CFD |
Decreasing Short |
41,181 |
2.7945 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
1,276 |
2.7860 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
20,702 |
2.7862 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
3,005 |
2.7865 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
20,629 |
2.7866 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
8,622 |
2.7868 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
1 |
2.8000 GBP |
|||
|
|
|
|
|
|
|
|
|
|
(c) |
Stock-settled derivative transactions |
||||||
|
(i) |
Writing, selling, purchasing or varying |
||||||
|
Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Exercising |
|
|
|
|
|
|
|
Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
(d) |
Other dealings (including subscribing for |
||||||
|
Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
||||
|
|
|
|
|
||||
|
4. |
OTHER INFORMATION |
||||||
|
(a) |
Indemnity and other dealings arrangements |
||||||
|
Details of any indemnity or option arrangement, or any agreement or understanding, |
|||||||
|
NONE |
|||||||
|
(b) |
Agreements, arrangements or understandings relating to options or |
||||||
|
Details of any agreement, arrangement or understanding, formal or informal, between |
|||||||
|
NONE |
|||||||
|
(c) |
Attachments |
|
|
|
|
|
|
|
Is a Supplemental Form 8 (Open Positions) attached? |
NO |
||||||
|
Date of disclosure: |
28 Apr 2025 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||