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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: |
06 May 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: |
39,245,533 |
2.99% |
6,127,007 |
0.46% |
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(2) Cash-settled derivatives: |
6,433,040 |
0.49% |
38,572,738 |
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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45,678,573 |
3.48% |
44,699,745 |
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 |
174,389 |
2.8862 GBP |
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10 10/11p ordinary |
Purchase |
107,881 |
2.8899 GBP |
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10 10/11p ordinary |
Purchase |
103,000 |
2.8813 GBP |
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10 10/11p ordinary |
Purchase |
93,213 |
2.8790 GBP |
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10 10/11p ordinary |
Purchase |
56,431 |
2.8828 GBP |
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10 10/11p ordinary |
Purchase |
44,200 |
2.8960 GBP |
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10 10/11p ordinary |
Purchase |
39,616 |
2.8818 GBP |
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10 10/11p ordinary |
Purchase |
37,875 |
2.8956 GBP |
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10 10/11p ordinary |
Purchase |
32,121 |
2.8856 GBP |
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10 10/11p ordinary |
Purchase |
26,135 |
2.8800 GBP |
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10 10/11p ordinary |
Purchase |
22,854 |
2.8793 GBP |
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10 10/11p ordinary |
Purchase |
22,074 |
2.8847 GBP |
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10 10/11p ordinary |
Purchase |
21,754 |
2.8822 GBP |
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10 10/11p ordinary |
Purchase |
20,400 |
2.8746 GBP |
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10 10/11p ordinary |
Purchase |
19,190 |
2.8835 GBP |
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10 10/11p ordinary |
Purchase |
13,484 |
2.8789 GBP |
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10 10/11p ordinary |
Purchase |
8,724 |
2.8900 GBP |
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10 10/11p ordinary |
Purchase |
7,868 |
2.8763 GBP |
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10 10/11p ordinary |
Purchase |
7,853 |
2.8920 GBP |
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10 10/11p ordinary |
Purchase |
7,216 |
2.8881 GBP |
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10 10/11p ordinary |
Purchase |
6,617 |
2.8851 GBP |
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10 10/11p ordinary |
Purchase |
4,011 |
2.8913 GBP |
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10 10/11p ordinary |
Purchase |
2,853 |
2.8863 GBP |
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10 10/11p ordinary |
Purchase |
2,406 |
2.8922 GBP |
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10 10/11p ordinary |
Purchase |
1,924 |
2.8700 GBP |
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10 10/11p ordinary |
Purchase |
1,898 |
2.8820 GBP |
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10 10/11p ordinary |
Purchase |
1,013 |
2.8830 GBP |
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10 10/11p ordinary |
Purchase |
710 |
2.8840 GBP |
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10 10/11p ordinary |
Purchase |
419 |
2.8750 GBP |
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10 10/11p ordinary |
Purchase |
385 |
2.8640 GBP |
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ADR |
Purchase |
380 |
15.3700 USD |
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10 10/11p ordinary |
Purchase |
292 |
2.8660 GBP |
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10 10/11p ordinary |
Purchase |
258 |
2.8680 GBP |
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10 10/11p ordinary |
Purchase |
211 |
2.8760 GBP |
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10 10/11p ordinary |
Sale |
286,149 |
2.8810 GBP |
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10 10/11p ordinary |
Sale |
151,692 |
2.8758 GBP |
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10 10/11p ordinary |
Sale |
96,447 |
2.8932 GBP |
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10 10/11p ordinary |
Sale |
63,129 |
2.8888 GBP |
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10 10/11p ordinary |
Sale |
62,128 |
2.8868 GBP |
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10 10/11p ordinary |
Sale |
61,790 |
2.8755 GBP |
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10 10/11p ordinary |
Sale |
39,403 |
2.8871 GBP |
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10 10/11p ordinary |
Sale |
28,032 |
2.8855 GBP |
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10 10/11p ordinary |
Sale |
23,856 |
2.8960 GBP |
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10 10/11p ordinary |
Sale |
22,074 |
2.8850 GBP |
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10 10/11p ordinary |
Sale |
14,927 |
2.8894 GBP |
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10 10/11p ordinary |
Sale |
11,780 |
2.8673 GBP |
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10 10/11p ordinary |
Sale |
11,404 |
2.8817 GBP |
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10 10/11p ordinary |
Sale |
9,601 |
2.8813 GBP |
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10 10/11p ordinary |
Sale |
8,012 |
2.8834 GBP |
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10 10/11p ordinary |
Sale |
6,772 |
2.8750 GBP |
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10 10/11p ordinary |
Sale |
3,168 |
2.8768 GBP |
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10 10/11p ordinary |
Sale |
3,132 |
2.8920 GBP |
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10 10/11p ordinary |
Sale |
3,055 |
2.8747 GBP |
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10 10/11p ordinary |
Sale |
2,655 |
2.8740 GBP |
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10 10/11p ordinary |
Sale |
2,646 |
2.8776 GBP |
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10 10/11p ordinary |
Sale |
1,901 |
2.8781 GBP |
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10 10/11p ordinary |
Sale |
1,366 |
2.8870 GBP |
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10 10/11p ordinary |
Sale |
1,203 |
2.8922 GBP |
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10 10/11p ordinary |
Sale |
1,077 |
2.8900 GBP |
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10 10/11p ordinary |
Sale |
1,013 |
2.8832 GBP |
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10 10/11p ordinary |
Sale |
936 |
2.8820 GBP |
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10 10/11p ordinary |
Sale |
710 |
2.8840 GBP |
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10 10/11p ordinary |
Sale |
419 |
2.8752 GBP |
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10 10/11p ordinary |
Sale |
385 |
2.8640 GBP |
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ADR |
Sale |
380 |
15.3700 USD |
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10 10/11p ordinary |
Sale |
366 |
2.8800 GBP |
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10 10/11p ordinary |
Sale |
292 |
2.8660 GBP |
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10 10/11p ordinary |
Sale |
211 |
2.8760 GBP |
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10 10/11p ordinary |
Sale |
201 |
2.8828 GBP |
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10 10/11p ordinary |
Sale |
92 |
2.8600 GBP |
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10 10/11p ordinary |
Sale |
2 |
2.8780 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 |
7 |
2.8600 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
11,780 |
2.8673 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,168 |
2.8768 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
62,128 |
2.8868 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,366 |
2.8870 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,356 |
2.8886 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,102 |
2.8888 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
11,787 |
2.8893 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,735 |
2.8897 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
14,779 |
2.8913 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
46,176 |
2.8958 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,924 |
2.8700 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
23,229 |
2.8786 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
13,484 |
2.8789 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
87,100 |
2.8811 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
39,616 |
2.8818 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
26,467 |
2.8820 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,552 |
2.8846 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
6,461 |
2.8883 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
7,647 |
2.8900 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
103,517 |
2.8960 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
126,052 |
2.8727 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
88,400 |
2.8775 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
10,461 |
2.8846 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
380 |
2.8877 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
5,420 |
2.8604 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
10,187 |
2.8876 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
4,721 |
2.8920 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
1,203 |
2.8922 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: |
07 May 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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