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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: |
12 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: |
39,602,292 |
3.02% |
6,507,669 |
0.49% |
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(2) Cash-settled derivatives: |
6,904,877 |
0.53% |
38,815,942 |
2.96% |
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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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46,507,169 |
3.55% |
45,323,611 |
3.45% |
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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 |
117,723 |
2.8752 GBP |
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10 10/11p ordinary |
Purchase |
62,820 |
2.9041 GBP |
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10 10/11p ordinary |
Purchase |
61,877 |
2.8914 GBP |
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10 10/11p ordinary |
Purchase |
58,589 |
2.8660 GBP |
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10 10/11p ordinary |
Purchase |
33,541 |
2.8877 GBP |
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10 10/11p ordinary |
Purchase |
27,017 |
2.8872 GBP |
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10 10/11p ordinary |
Purchase |
23,814 |
2.8817 GBP |
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10 10/11p ordinary |
Purchase |
20,449 |
2.9015 GBP |
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10 10/11p ordinary |
Purchase |
14,165 |
2.8902 GBP |
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10 10/11p ordinary |
Purchase |
12,905 |
2.8760 GBP |
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10 10/11p ordinary |
Purchase |
12,537 |
2.8867 GBP |
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10 10/11p ordinary |
Purchase |
11,800 |
2.8989 GBP |
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10 10/11p ordinary |
Purchase |
11,407 |
2.8840 GBP |
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10 10/11p ordinary |
Purchase |
9,901 |
2.8860 GBP |
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10 10/11p ordinary |
Purchase |
6,917 |
2.8826 GBP |
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10 10/11p ordinary |
Purchase |
6,329 |
2.8800 GBP |
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10 10/11p ordinary |
Purchase |
5,731 |
2.8889 GBP |
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10 10/11p ordinary |
Purchase |
5,179 |
2.8936 GBP |
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10 10/11p ordinary |
Purchase |
3,706 |
2.8967 GBP |
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10 10/11p ordinary |
Purchase |
2,800 |
2.9200 GBP |
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10 10/11p ordinary |
Purchase |
2,568 |
2.9040 GBP |
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10 10/11p ordinary |
Purchase |
2,367 |
2.8780 GBP |
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10 10/11p ordinary |
Purchase |
2,321 |
2.8812 GBP |
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10 10/11p ordinary |
Purchase |
2,307 |
2.8878 GBP |
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10 10/11p ordinary |
Purchase |
2,117 |
2.8940 GBP |
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10 10/11p ordinary |
Purchase |
2,087 |
2.9227 GBP |
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10 10/11p ordinary |
Purchase |
2,062 |
2.9000 GBP |
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10 10/11p ordinary |
Purchase |
2,047 |
2.8730 GBP |
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10 10/11p ordinary |
Purchase |
2,005 |
2.8859 GBP |
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10 10/11p ordinary |
Purchase |
1,914 |
2.8739 GBP |
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10 10/11p ordinary |
Purchase |
1,850 |
2.8920 GBP |
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10 10/11p ordinary |
Purchase |
1,738 |
2.8823 GBP |
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10 10/11p ordinary |
Purchase |
1,722 |
2.8980 GBP |
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10 10/11p ordinary |
Purchase |
1,472 |
2.9020 GBP |
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10 10/11p ordinary |
Purchase |
1,390 |
2.8700 GBP |
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10 10/11p ordinary |
Purchase |
1,311 |
2.9070 GBP |
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10 10/11p ordinary |
Purchase |
1,248 |
2.8810 GBP |
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10 10/11p ordinary |
Purchase |
1,179 |
2.8820 GBP |
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10 10/11p ordinary |
Purchase |
1,095 |
2.8870 GBP |
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10 10/11p ordinary |
Purchase |
984 |
2.8900 GBP |
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10 10/11p ordinary |
Purchase |
894 |
2.8677 GBP |
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10 10/11p ordinary |
Purchase |
890 |
2.9180 GBP |
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10 10/11p ordinary |
Purchase |
635 |
2.9140 GBP |
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10 10/11p ordinary |
Purchase |
570 |
2.9210 GBP |
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10 10/11p ordinary |
Purchase |
539 |
2.8838 GBP |
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10 10/11p ordinary |
Purchase |
84 |
2.9280 GBP |
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10 10/11p ordinary |
Purchase |
53 |
2.8775 GBP |
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10 10/11p ordinary |
Sale |
86,763 |
2.8857 GBP |
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10 10/11p ordinary |
Sale |
80,597 |
2.8948 GBP |
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10 10/11p ordinary |
Sale |
78,530 |
2.8816 GBP |
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10 10/11p ordinary |
Sale |
60,910 |
2.8766 GBP |
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10 10/11p ordinary |
Sale |
57,619 |
2.8821 GBP |
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10 10/11p ordinary |
Sale |
52,145 |
2.8824 GBP |
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10 10/11p ordinary |
Sale |
41,337 |
2.8848 GBP |
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10 10/11p ordinary |
Sale |
34,765 |
2.8814 GBP |
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10 10/11p ordinary |
Sale |
31,923 |
2.8842 GBP |
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10 10/11p ordinary |
Sale |
29,133 |
2.8943 GBP |
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10 10/11p ordinary |
Sale |
22,872 |
2.8776 GBP |
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10 10/11p ordinary |
Sale |
20,950 |
2.8660 GBP |
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10 10/11p ordinary |
Sale |
19,969 |
2.9069 GBP |
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10 10/11p ordinary |
Sale |
12,154 |
2.9042 GBP |
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10 10/11p ordinary |
Sale |
11,306 |
2.9012 GBP |
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10 10/11p ordinary |
Sale |
10,607 |
2.8840 GBP |
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10 10/11p ordinary |
Sale |
8,569 |
2.8987 GBP |
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10 10/11p ordinary |
Sale |
6,499 |
2.8851 GBP |
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10 10/11p ordinary |
Sale |
6,329 |
2.8800 GBP |
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10 10/11p ordinary |
Sale |
4,702 |
2.8910 GBP |
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10 10/11p ordinary |
Sale |
4,100 |
2.8746 GBP |
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10 10/11p ordinary |
Sale |
3,835 |
2.9060 GBP |
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10 10/11p ordinary |
Sale |
3,425 |
2.8926 GBP |
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10 10/11p ordinary |
Sale |
3,283 |
2.8860 GBP |
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10 10/11p ordinary |
Sale |
3,213 |
2.9050 GBP |
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10 10/11p ordinary |
Sale |
2,800 |
2.9200 GBP |
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10 10/11p ordinary |
Sale |
2,568 |
2.9040 GBP |
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10 10/11p ordinary |
Sale |
2,543 |
2.9016 GBP |
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10 10/11p ordinary |
Sale |
2,367 |
2.8780 GBP |
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10 10/11p ordinary |
Sale |
2,181 |
2.8767 GBP |
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10 10/11p ordinary |
Sale |
2,069 |
2.9018 GBP |
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10 10/11p ordinary |
Sale |
1,850 |
2.8920 GBP |
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10 10/11p ordinary |
Sale |
1,722 |
2.8980 GBP |
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10 10/11p ordinary |
Sale |
1,604 |
2.8887 GBP |
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10 10/11p ordinary |
Sale |
1,472 |
2.9020 GBP |
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10 10/11p ordinary |
Sale |
1,390 |
2.8700 GBP |
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10 10/11p ordinary |
Sale |
1,248 |
2.8810 GBP |
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10 10/11p ordinary |
Sale |
1,179 |
2.8820 GBP |
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10 10/11p ordinary |
Sale |
1,134 |
2.8940 GBP |
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10 10/11p ordinary |
Sale |
984 |
2.8900 GBP |
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10 10/11p ordinary |
Sale |
983 |
2.8942 GBP |
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10 10/11p ordinary |
Sale |
911 |
2.8680 GBP |
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10 10/11p ordinary |
Sale |
890 |
2.9180 GBP |
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10 10/11p ordinary |
Sale |
809 |
2.8833 GBP |
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10 10/11p ordinary |
Sale |
676 |
2.8659 GBP |
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10 10/11p ordinary |
Sale |
635 |
2.9140 GBP |
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10 10/11p ordinary |
Sale |
531 |
2.8760 GBP |
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10 10/11p ordinary |
Sale |
393 |
2.8787 GBP |
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10 10/11p ordinary |
Sale |
357 |
2.8786 GBP |
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10 10/11p ordinary |
Sale |
317 |
2.8878 GBP |
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10 10/11p ordinary |
Sale |
259 |
2.9088 GBP |
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10 10/11p ordinary |
Sale |
252 |
2.9278 GBP |
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10 10/11p ordinary |
Sale |
230 |
2.8770 GBP |
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10 10/11p ordinary |
Sale |
156 |
2.8929 GBP |
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10 10/11p ordinary |
Sale |
20 |
2.8876 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 |
676 |
2.8659 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
8,729 |
2.8660 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
911 |
2.8680 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,100 |
2.8746 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
60,910 |
2.8766 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
230 |
2.8770 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
22,872 |
2.8776 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
357 |
2.8786 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
393 |
2.8787 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
28,919 |
2.8804 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
71,374 |
2.8806 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
809 |
2.8833 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
13,320 |
2.8840 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
41,337 |
2.8848 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
6,499 |
2.8851 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
86,763 |
2.8857 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,586 |
2.8872 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
20 |
2.8876 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
317 |
2.8878 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,604 |
2.8887 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,702 |
2.8910 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,156 |
2.8925 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
156 |
2.8929 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
29,133 |
2.8943 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
259 |
2.9088 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
252 |
2.9278 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
18,193 |
2.8660 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
894 |
2.8677 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
230 |
2.8705 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,857 |
2.8768 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
53 |
2.8774 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,627 |
2.8805 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
20,957 |
2.8824 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
752 |
2.8845 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
250 |
2.8846 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,706 |
2.8967 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,300 |
2.8969 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,062 |
2.9000 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
7,500 |
2.9001 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,087 |
2.9227 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
84 |
2.9280 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
4,587 |
2.8827 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
24,804 |
2.8925 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
58,315 |
2.8704 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
33,444 |
2.8762 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
14,031 |
2.8886 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: |
13 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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