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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: |
09 Jun 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: |
43,469,116 |
3.31% |
3,935,684 |
0.30% |
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(2) Cash-settled derivatives: |
4,247,327 |
0.32% |
42,756,962 |
3.26% |
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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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47,716,443 |
3.64% |
46,692,646 |
3.56% |
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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 |
102,436 |
3.0299 GBP |
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10 10/11p ordinary |
Purchase |
50,264 |
3.0113 GBP |
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10 10/11p ordinary |
Purchase |
42,169 |
3.0174 GBP |
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10 10/11p ordinary |
Purchase |
42,053 |
3.0228 GBP |
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10 10/11p ordinary |
Purchase |
38,600 |
3.0235 GBP |
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10 10/11p ordinary |
Purchase |
13,927 |
3.0183 GBP |
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10 10/11p ordinary |
Purchase |
9,335 |
3.0314 GBP |
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10 10/11p ordinary |
Purchase |
3,509 |
3.0287 GBP |
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10 10/11p ordinary |
Purchase |
3,493 |
3.0202 GBP |
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10 10/11p ordinary |
Purchase |
3,058 |
3.0100 GBP |
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10 10/11p ordinary |
Purchase |
2,078 |
3.0320 GBP |
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10 10/11p ordinary |
Purchase |
508 |
2.9720 GBP |
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10 10/11p ordinary |
Purchase |
500 |
3.0370 GBP |
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10 10/11p ordinary |
Purchase |
378 |
3.0120 GBP |
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10 10/11p ordinary |
Purchase |
280 |
3.0280 GBP |
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10 10/11p ordinary |
Purchase |
278 |
3.0200 GBP |
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10 10/11p ordinary |
Purchase |
121 |
3.0170 GBP |
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10 10/11p ordinary |
Purchase |
71 |
3.0318 GBP |
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10 10/11p ordinary |
Purchase |
65 |
3.0300 GBP |
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10 10/11p ordinary |
Purchase |
38 |
3.0226 GBP |
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10 10/11p ordinary |
Sale |
71,082 |
3.0099 GBP |
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10 10/11p ordinary |
Sale |
60,498 |
3.0310 GBP |
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10 10/11p ordinary |
Sale |
51,947 |
3.0229 GBP |
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10 10/11p ordinary |
Sale |
33,263 |
3.0122 GBP |
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10 10/11p ordinary |
Sale |
22,579 |
3.0107 GBP |
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10 10/11p ordinary |
Sale |
19,129 |
3.0112 GBP |
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10 10/11p ordinary |
Sale |
16,989 |
3.0098 GBP |
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10 10/11p ordinary |
Sale |
14,521 |
3.0309 GBP |
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10 10/11p ordinary |
Sale |
11,667 |
3.0266 GBP |
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10 10/11p ordinary |
Sale |
8,905 |
3.0300 GBP |
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10 10/11p ordinary |
Sale |
7,833 |
3.0100 GBP |
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10 10/11p ordinary |
Sale |
7,261 |
3.0221 GBP |
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10 10/11p ordinary |
Sale |
6,749 |
3.0218 GBP |
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10 10/11p ordinary |
Sale |
5,327 |
3.0220 GBP |
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10 10/11p ordinary |
Sale |
4,160 |
3.0259 GBP |
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10 10/11p ordinary |
Sale |
3,357 |
3.0277 GBP |
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10 10/11p ordinary |
Sale |
2,765 |
3.0199 GBP |
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10 10/11p ordinary |
Sale |
2,124 |
3.0306 GBP |
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10 10/11p ordinary |
Sale |
1,139 |
3.0154 GBP |
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10 10/11p ordinary |
Sale |
1,050 |
3.0219 GBP |
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10 10/11p ordinary |
Sale |
668 |
3.0200 GBP |
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10 10/11p ordinary |
Sale |
384 |
3.0124 GBP |
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10 10/11p ordinary |
Sale |
378 |
3.0120 GBP |
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10 10/11p ordinary |
Sale |
339 |
3.0172 GBP |
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10 10/11p ordinary |
Sale |
323 |
3.0299 GBP |
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10 10/11p ordinary |
Sale |
280 |
3.0283 GBP |
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10 10/11p ordinary |
Sale |
121 |
3.0173 GBP |
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10 10/11p ordinary |
Sale |
95 |
3.0260 GBP |
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10 10/11p ordinary |
Sale |
6 |
3.0320 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 |
18,859 |
3.0098 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
71,082 |
3.0099 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
17,209 |
3.0100 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
16,182 |
3.0111 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,947 |
3.0117 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,139 |
3.0154 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,599 |
3.0175 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,118 |
3.0186 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
6,749 |
3.0218 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
7,261 |
3.0221 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,692 |
3.0239 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
498 |
3.0259 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
11,667 |
3.0266 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,070 |
2.9720 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,783 |
3.0100 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
11,000 |
3.0102 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
5,765 |
3.0110 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
42,169 |
3.0174 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
38 |
3.0225 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
38,600 |
3.0235 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
3,509 |
3.0287 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,335 |
3.0314 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
970 |
3.0320 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
500 |
3.0370 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
2,825 |
3.0158 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
692 |
2.9722 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
4,749 |
3.0310 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: |
10 Jun 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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