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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 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: |
43,468,327 |
3.31% |
4,068,622 |
0.31% |
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(2) Cash-settled derivatives: |
4,392,970 |
0.33% |
42,756,411 |
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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47,861,297 |
3.65% |
46,825,033 |
3.57% |
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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 |
80,437 |
2.9902 GBP |
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10 10/11p ordinary |
Purchase |
77,873 |
2.9899 GBP |
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10 10/11p ordinary |
Purchase |
35,981 |
2.9920 GBP |
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10 10/11p ordinary |
Purchase |
31,884 |
2.9909 GBP |
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10 10/11p ordinary |
Purchase |
11,445 |
2.9891 GBP |
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10 10/11p ordinary |
Purchase |
10,353 |
2.9893 GBP |
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10 10/11p ordinary |
Purchase |
3,991 |
2.9913 GBP |
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10 10/11p ordinary |
Purchase |
3,029 |
2.9870 GBP |
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ADR |
Purchase |
2,840 |
16.2800 USD |
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10 10/11p ordinary |
Purchase |
2,650 |
2.9881 GBP |
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10 10/11p ordinary |
Purchase |
2,436 |
2.9840 GBP |
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10 10/11p ordinary |
Purchase |
2,155 |
2.9900 GBP |
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10 10/11p ordinary |
Purchase |
1,960 |
2.9940 GBP |
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10 10/11p ordinary |
Purchase |
1,344 |
2.9964 GBP |
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10 10/11p ordinary |
Purchase |
1,343 |
2.9877 GBP |
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10 10/11p ordinary |
Purchase |
1,167 |
2.9860 GBP |
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10 10/11p ordinary |
Purchase |
1,091 |
2.9865 GBP |
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10 10/11p ordinary |
Purchase |
924 |
2.9838 GBP |
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10 10/11p ordinary |
Purchase |
620 |
2.9740 GBP |
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10 10/11p ordinary |
Purchase |
195 |
2.9874 GBP |
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10 10/11p ordinary |
Purchase |
12 |
2.9500 GBP |
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10 10/11p ordinary |
Sale |
66,272 |
2.9904 GBP |
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10 10/11p ordinary |
Sale |
42,522 |
2.9885 GBP |
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10 10/11p ordinary |
Sale |
33,940 |
2.9817 GBP |
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10 10/11p ordinary |
Sale |
30,027 |
2.9813 GBP |
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10 10/11p ordinary |
Sale |
23,154 |
2.9909 GBP |
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10 10/11p ordinary |
Sale |
17,070 |
2.9819 GBP |
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10 10/11p ordinary |
Sale |
15,196 |
2.9908 GBP |
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10 10/11p ordinary |
Sale |
13,931 |
2.9872 GBP |
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10 10/11p ordinary |
Sale |
8,137 |
2.9920 GBP |
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10 10/11p ordinary |
Sale |
7,185 |
2.9851 GBP |
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10 10/11p ordinary |
Sale |
6,071 |
2.9935 GBP |
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10 10/11p ordinary |
Sale |
5,633 |
2.9861 GBP |
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10 10/11p ordinary |
Sale |
4,726 |
2.9844 GBP |
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10 10/11p ordinary |
Sale |
3,825 |
2.9826 GBP |
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ADR |
Sale |
2,840 |
16.2800 USD |
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10 10/11p ordinary |
Sale |
2,208 |
2.9847 GBP |
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10 10/11p ordinary |
Sale |
1,474 |
2.9854 GBP |
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10 10/11p ordinary |
Sale |
1,270 |
2.9858 GBP |
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10 10/11p ordinary |
Sale |
881 |
2.9833 GBP |
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10 10/11p ordinary |
Sale |
857 |
2.9900 GBP |
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10 10/11p ordinary |
Sale |
667 |
2.9840 GBP |
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10 10/11p ordinary |
Sale |
645 |
2.9820 GBP |
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10 10/11p ordinary |
Sale |
637 |
2.9883 GBP |
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10 10/11p ordinary |
Sale |
506 |
3.0010 GBP |
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10 10/11p ordinary |
Sale |
32 |
2.9890 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 |
27,730 |
2.9802 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,405 |
2.9809 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
30,027 |
2.9813 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
17,070 |
2.9819 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,825 |
2.9826 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,726 |
2.9844 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,821 |
2.9855 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
3,376 |
2.9856 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
4,498 |
2.9860 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
5,633 |
2.9861 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
13,931 |
2.9872 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
6,210 |
2.9887 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
72,343 |
2.9906 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
6,900 |
2.9917 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
19,045 |
2.9920 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
12 |
2.9500 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
924 |
2.9838 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,769 |
2.9840 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
39,957 |
2.9880 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,650 |
2.9881 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
37,639 |
2.9890 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
77,873 |
2.9899 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
631 |
2.9902 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
31,884 |
2.9909 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
18,900 |
2.9919 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,499 |
2.9920 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,344 |
2.9964 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
12,527 |
2.9881 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
1,667 |
2.9928 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
3,336 |
2.9933 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
2,840 |
2.9942 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 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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