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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: |
29 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: |
39,535,608 |
3.01% |
6,131,687 |
0.46% |
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(2) Cash-settled derivatives: |
6,396,549 |
0.49% |
38,612,101 |
2.94% |
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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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45,932,157 |
3.50% |
44,743,788 |
3.40% |
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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 |
77,738 |
2.8239 GBP |
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10 10/11p ordinary |
Purchase |
69,073 |
2.8380 GBP |
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10 10/11p ordinary |
Purchase |
39,855 |
2.8194 GBP |
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10 10/11p ordinary |
Purchase |
30,777 |
2.8196 GBP |
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10 10/11p ordinary |
Purchase |
23,297 |
2.8210 GBP |
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10 10/11p ordinary |
Purchase |
23,204 |
2.8333 GBP |
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10 10/11p ordinary |
Purchase |
19,134 |
2.8371 GBP |
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10 10/11p ordinary |
Purchase |
14,843 |
2.8343 GBP |
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10 10/11p ordinary |
Purchase |
10,933 |
2.8160 GBP |
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10 10/11p ordinary |
Purchase |
10,191 |
2.8154 GBP |
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10 10/11p ordinary |
Purchase |
9,207 |
2.8170 GBP |
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10 10/11p ordinary |
Purchase |
7,889 |
2.8191 GBP |
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10 10/11p ordinary |
Purchase |
7,523 |
2.8190 GBP |
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10 10/11p ordinary |
Purchase |
6,845 |
2.8199 GBP |
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10 10/11p ordinary |
Purchase |
5,261 |
2.8269 GBP |
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10 10/11p ordinary |
Purchase |
4,998 |
2.8242 GBP |
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10 10/11p ordinary |
Purchase |
4,788 |
2.8217 GBP |
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10 10/11p ordinary |
Purchase |
3,947 |
2.8200 GBP |
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10 10/11p ordinary |
Purchase |
3,037 |
2.8218 GBP |
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10 10/11p ordinary |
Purchase |
2,939 |
2.8300 GBP |
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10 10/11p ordinary |
Purchase |
2,666 |
2.8166 GBP |
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10 10/11p ordinary |
Purchase |
2,070 |
2.8112 GBP |
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10 10/11p ordinary |
Purchase |
1,779 |
2.8169 GBP |
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10 10/11p ordinary |
Purchase |
1,773 |
2.8183 GBP |
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10 10/11p ordinary |
Purchase |
1,766 |
2.8206 GBP |
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10 10/11p ordinary |
Purchase |
1,637 |
2.8180 GBP |
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10 10/11p ordinary |
Purchase |
1,617 |
2.8258 GBP |
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10 10/11p ordinary |
Purchase |
1,316 |
2.8060 GBP |
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10 10/11p ordinary |
Purchase |
1,294 |
2.8220 GBP |
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10 10/11p ordinary |
Purchase |
1,237 |
2.8140 GBP |
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10 10/11p ordinary |
Purchase |
1,187 |
2.8193 GBP |
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10 10/11p ordinary |
Purchase |
1,155 |
2.8162 GBP |
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10 10/11p ordinary |
Purchase |
1,141 |
2.8120 GBP |
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10 10/11p ordinary |
Purchase |
1,007 |
2.8100 GBP |
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10 10/11p ordinary |
Purchase |
784 |
2.8260 GBP |
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10 10/11p ordinary |
Purchase |
211 |
2.8080 GBP |
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10 10/11p ordinary |
Purchase |
147 |
2.8356 GBP |
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10 10/11p ordinary |
Purchase |
6 |
2.8238 GBP |
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10 10/11p ordinary |
Purchase |
1 |
2.8230 GBP |
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10 10/11p ordinary |
Purchase |
1 |
2.8280 GBP |
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10 10/11p ordinary |
Sale |
135,368 |
2.8099 GBP |
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10 10/11p ordinary |
Sale |
88,322 |
2.8295 GBP |
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10 10/11p ordinary |
Sale |
86,113 |
2.8238 GBP |
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10 10/11p ordinary |
Sale |
54,124 |
2.8113 GBP |
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10 10/11p ordinary |
Sale |
45,051 |
2.8114 GBP |
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10 10/11p ordinary |
Sale |
30,072 |
2.8122 GBP |
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10 10/11p ordinary |
Sale |
13,198 |
2.8380 GBP |
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10 10/11p ordinary |
Sale |
5,729 |
2.8156 GBP |
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10 10/11p ordinary |
Sale |
5,587 |
2.8200 GBP |
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10 10/11p ordinary |
Sale |
5,200 |
2.8118 GBP |
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10 10/11p ordinary |
Sale |
5,159 |
2.8158 GBP |
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10 10/11p ordinary |
Sale |
5,142 |
2.8211 GBP |
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10 10/11p ordinary |
Sale |
3,395 |
2.8132 GBP |
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10 10/11p ordinary |
Sale |
2,939 |
2.8300 GBP |
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10 10/11p ordinary |
Sale |
2,782 |
2.8193 GBP |
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10 10/11p ordinary |
Sale |
1,294 |
2.8220 GBP |
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10 10/11p ordinary |
Sale |
1,237 |
2.8140 GBP |
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10 10/11p ordinary |
Sale |
1,141 |
2.8120 GBP |
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10 10/11p ordinary |
Sale |
886 |
2.8131 GBP |
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10 10/11p ordinary |
Sale |
784 |
2.8260 GBP |
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10 10/11p ordinary |
Sale |
516 |
2.8180 GBP |
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10 10/11p ordinary |
Sale |
404 |
2.8100 GBP |
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10 10/11p ordinary |
Sale |
271 |
2.8213 GBP |
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10 10/11p ordinary |
Sale |
211 |
2.8080 GBP |
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10 10/11p ordinary |
Sale |
1 |
2.8230 GBP |
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10 10/11p ordinary |
Sale |
1 |
2.8280 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 |
1,413 |
2.8080 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
135,368 |
2.8099 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
9,508 |
2.8112 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
54,124 |
2.8113 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
45,051 |
2.8114 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
5,200 |
2.8118 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
20,414 |
2.8131 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
5,729 |
2.8156 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,782 |
2.8193 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
5,142 |
2.8211 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
86,113 |
2.8238 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
30,777 |
2.8196 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
6,845 |
2.8199 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,788 |
2.8217 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
150 |
2.8240 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,998 |
2.8242 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,679 |
2.8243 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
43,669 |
2.8249 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
14,569 |
2.8327 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
8,168 |
2.8378 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
34,545 |
2.8380 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
27,776 |
2.8377 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
21,947 |
2.8162 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
64,908 |
2.8186 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
2,949 |
2.8221 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
2,939 |
2.8300 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: |
30 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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