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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: |
16 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: |
43,499,384 |
3.32% |
3,777,917 |
0.28% |
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(2) Cash-settled derivatives: |
4,089,486 |
0.31% |
42,554,385 |
3.24% |
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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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47,588,870 |
3.63% |
46,332,302 |
3.52% |
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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 |
90,943 |
2.9898 GBP |
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10 10/11p ordinary |
Purchase |
82,924 |
2.9880 GBP |
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10 10/11p ordinary |
Purchase |
56,881 |
2.9882 GBP |
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10 10/11p ordinary |
Purchase |
54,004 |
2.9900 GBP |
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10 10/11p ordinary |
Purchase |
31,470 |
2.9885 GBP |
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10 10/11p ordinary |
Purchase |
28,037 |
2.9838 GBP |
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10 10/11p ordinary |
Purchase |
21,750 |
2.9853 GBP |
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10 10/11p ordinary |
Purchase |
21,454 |
2.9834 GBP |
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10 10/11p ordinary |
Purchase |
17,745 |
2.9921 GBP |
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10 10/11p ordinary |
Purchase |
16,472 |
2.9866 GBP |
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10 10/11p ordinary |
Purchase |
11,451 |
2.9856 GBP |
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10 10/11p ordinary |
Purchase |
11,137 |
2.9858 GBP |
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10 10/11p ordinary |
Purchase |
10,633 |
2.9844 GBP |
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10 10/11p ordinary |
Purchase |
8,593 |
2.9883 GBP |
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10 10/11p ordinary |
Purchase |
7,938 |
2.9836 GBP |
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10 10/11p ordinary |
Purchase |
7,198 |
2.9820 GBP |
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10 10/11p ordinary |
Purchase |
5,158 |
2.9827 GBP |
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10 10/11p ordinary |
Purchase |
4,441 |
2.9840 GBP |
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10 10/11p ordinary |
Purchase |
4,089 |
2.9843 GBP |
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ADR |
Purchase |
4,000 |
16.2600 USD |
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10 10/11p ordinary |
Purchase |
3,019 |
2.9828 GBP |
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10 10/11p ordinary |
Purchase |
2,359 |
2.9862 GBP |
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10 10/11p ordinary |
Purchase |
2,270 |
2.9825 GBP |
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10 10/11p ordinary |
Purchase |
2,256 |
2.9824 GBP |
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10 10/11p ordinary |
Purchase |
2,170 |
2.9930 GBP |
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10 10/11p ordinary |
Purchase |
1,804 |
2.9846 GBP |
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10 10/11p ordinary |
Purchase |
1,318 |
2.9913 GBP |
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10 10/11p ordinary |
Purchase |
982 |
2.9899 GBP |
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10 10/11p ordinary |
Sale |
66,272 |
2.9918 GBP |
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10 10/11p ordinary |
Sale |
50,990 |
2.9899 GBP |
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10 10/11p ordinary |
Sale |
22,299 |
2.9886 GBP |
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10 10/11p ordinary |
Sale |
18,421 |
2.9928 GBP |
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10 10/11p ordinary |
Sale |
15,702 |
2.9894 GBP |
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10 10/11p ordinary |
Sale |
11,710 |
2.9795 GBP |
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10 10/11p ordinary |
Sale |
8,801 |
2.9798 GBP |
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10 10/11p ordinary |
Sale |
8,310 |
2.9813 GBP |
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ADR |
Sale |
4,000 |
16.2600 USD |
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10 10/11p ordinary |
Sale |
3,732 |
2.9837 GBP |
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10 10/11p ordinary |
Sale |
3,350 |
2.9882 GBP |
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10 10/11p ordinary |
Sale |
3,298 |
2.9809 GBP |
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10 10/11p ordinary |
Sale |
3,099 |
2.9817 GBP |
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10 10/11p ordinary |
Sale |
2,918 |
2.9900 GBP |
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10 10/11p ordinary |
Sale |
1,663 |
2.9885 GBP |
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10 10/11p ordinary |
Sale |
1,640 |
2.9780 GBP |
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10 10/11p ordinary |
Sale |
1,545 |
2.9820 GBP |
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10 10/11p ordinary |
Sale |
697 |
2.9940 GBP |
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10 10/11p ordinary |
Sale |
292 |
2.9884 GBP |
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10 10/11p ordinary |
Sale |
206 |
2.9840 GBP |
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10 10/11p ordinary |
Sale |
9 |
2.9830 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 |
1,640 |
2.9780 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,035 |
2.9811 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
8,310 |
2.9813 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
559 |
2.9853 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
13,245 |
2.9898 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
50,990 |
2.9899 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
40 |
2.9900 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
70,004 |
2.9913 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,270 |
2.9825 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
21,454 |
2.9834 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
28,037 |
2.9838 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,240 |
2.9840 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
1,612 |
2.9845 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
30,924 |
2.9850 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
8,829 |
2.9855 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
11,137 |
2.9858 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,359 |
2.9862 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
51,428 |
2.9863 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
55,487 |
2.9865 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
31,838 |
2.9874 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,300 |
2.9880 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
56,605 |
2.9884 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
8,600 |
2.9888 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
32,432 |
2.9900 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
4,138 |
2.9903 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
34,338 |
2.9921 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
2,170 |
2.9930 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
11,710 |
2.9795 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
11,520 |
2.9798 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
4,000 |
2.9822 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
19,427 |
2.9881 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
21,592 |
2.9900 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: |
17 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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