|
FORM 8.3 |
|||||||
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
|||||||
|
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
|||||||
|
MORE |
|||||||
|
Rule 8.3 of the Takeover Code (the "Code") |
|||||||
|
1. |
KEY INFORMATION |
||||||
|
(a) |
Full name of discloser: |
Barclays PLC. |
|||||
|
(b) |
Owner or controller of interest and short |
|
|||||
|
(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
|||||
|
(d) |
If an exempt fund manager connected with an |
|
|||||
|
(e) |
Date position held/dealing undertaken: |
20 Jun 2025 |
|||||
|
(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
|||||
|
2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
||||||
|
(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
||||||
|
Class of relevant security: |
10 10/11p ordinary |
||||||
|
|
Interests |
Short Positions |
|||||
|
Number |
(%) |
Number |
(%) |
||||
|
(1) Relevant securities owned and/or controlled: |
35,825,170 |
2.73% |
2,653,068 |
0.20% |
|||
|
(2) Cash-settled derivatives: |
2,935,709 |
0.22% |
35,291,506 |
2.69% |
|||
|
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
|||
|
|
38,760,879 |
2.96% |
37,944,574 |
2.89% |
|||
|
(b) |
Rights to subscribe for new securities (including directors and |
||||||
|
Class of relevant security in relation to |
|
||||||
|
Details, including nature of the rights |
|
||||||
|
3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
||||||
|
(a) |
Purchase and sales |
||||||
|
Class of relevant |
Purchase/sale |
Number of |
Price per unit |
||||
|
10 10/11p ordinary |
Purchase |
1,037,281 |
3.0760 GBP |
||||
|
10 10/11p ordinary |
Purchase |
431,768 |
3.0749 GBP |
||||
|
10 10/11p ordinary |
Purchase |
90,745 |
3.0793 GBP |
||||
|
10 10/11p ordinary |
Purchase |
77,696 |
3.0765 GBP |
||||
|
10 10/11p ordinary |
Purchase |
70,321 |
3.0761 GBP |
||||
|
10 10/11p ordinary |
Purchase |
42,925 |
3.0789 GBP |
||||
|
10 10/11p ordinary |
Purchase |
35,672 |
3.0766 GBP |
||||
|
10 10/11p ordinary |
Purchase |
28,580 |
3.0781 GBP |
||||
|
10 10/11p ordinary |
Purchase |
20,991 |
3.0700 GBP |
||||
|
10 10/11p ordinary |
Purchase |
18,036 |
3.0798 GBP |
||||
|
10 10/11p ordinary |
Purchase |
17,974 |
3.0779 GBP |
||||
|
10 10/11p ordinary |
Purchase |
15,148 |
3.0800 GBP |
||||
|
10 10/11p ordinary |
Purchase |
15,071 |
3.0783 GBP |
||||
|
10 10/11p ordinary |
Purchase |
14,988 |
3.0740 GBP |
||||
|
10 10/11p ordinary |
Purchase |
14,142 |
3.0790 GBP |
||||
|
10 10/11p ordinary |
Purchase |
10,630 |
3.0772 GBP |
||||
|
10 10/11p ordinary |
Purchase |
9,798 |
3.0810 GBP |
||||
|
10 10/11p ordinary |
Purchase |
8,127 |
3.0799 GBP |
||||
|
10 10/11p ordinary |
Purchase |
7,987 |
3.0792 GBP |
||||
|
10 10/11p ordinary |
Purchase |
7,873 |
3.0771 GBP |
||||
|
10 10/11p ordinary |
Purchase |
6,075 |
3.0785 GBP |
||||
|
10 10/11p ordinary |
Purchase |
5,207 |
3.0780 GBP |
||||
|
10 10/11p ordinary |
Purchase |
4,566 |
3.0782 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,690 |
3.0758 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,345 |
3.0820 GBP |
||||
|
10 10/11p ordinary |
Purchase |
2,033 |
3.0776 GBP |
||||
|
10 10/11p ordinary |
Purchase |
1,805 |
3.0713 GBP |
||||
|
10 10/11p ordinary |
Purchase |
485 |
3.0770 GBP |
||||
|
10 10/11p ordinary |
Sale |
538,222 |
3.0760 GBP |
||||
|
10 10/11p ordinary |
Sale |
66,473 |
3.0763 GBP |
||||
|
10 10/11p ordinary |
Sale |
59,580 |
3.0781 GBP |
||||
|
10 10/11p ordinary |
Sale |
21,077 |
3.0740 GBP |
||||
|
10 10/11p ordinary |
Sale |
9,587 |
3.0806 GBP |
||||
|
10 10/11p ordinary |
Sale |
8,987 |
3.0779 GBP |
||||
|
10 10/11p ordinary |
Sale |
7,538 |
3.0780 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,865 |
3.0768 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,590 |
3.0759 GBP |
||||
|
10 10/11p ordinary |
Sale |
3,043 |
3.0770 GBP |
||||
|
10 10/11p ordinary |
Sale |
2,991 |
3.0743 GBP |
||||
|
10 10/11p ordinary |
Sale |
2,345 |
3.0820 GBP |
||||
|
10 10/11p ordinary |
Sale |
2,182 |
3.0785 GBP |
||||
|
10 10/11p ordinary |
Sale |
926 |
3.0810 GBP |
||||
|
10 10/11p ordinary |
Sale |
871 |
3.0731 GBP |
||||
|
10 10/11p ordinary |
Sale |
236 |
3.0816 GBP |
||||
|
10 10/11p ordinary |
Sale |
42 |
3.0592 GBP |
||||
|
(b) |
Cash-settled derivative transactions |
||||||
|
Class of |
Product description |
Nature of dealing |
Number of |
Price per |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
42 |
3.0593 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
3,865 |
3.0768 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
3,043 |
3.0770 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
8,905 |
3.0779 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Decreasing Short |
21,471 |
3.0820 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
1,244 |
3.0720 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
7,082 |
3.0748 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
102,316 |
3.0759 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
637,010 |
3.0760 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
47,900 |
3.0764 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
77,696 |
3.0765 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
41,768 |
3.0770 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
10,630 |
3.0772 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
20,900 |
3.0777 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
6,075 |
3.0785 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
42,925 |
3.0789 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
7,987 |
3.0792 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
90,710 |
3.0793 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
25,461 |
3.0794 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
17,894 |
3.0796 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
18,036 |
3.0798 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
7,989 |
3.0814 GBP |
|||
|
10 10/11p ordinary |
SWAP |
Increasing Short |
335 |
3.0819 GBP |
|||
|
10 10/11p ordinary |
CFD |
Decreasing Short |
10,060 |
3.0740 GBP |
|||
|
10 10/11p ordinary |
CFD |
Decreasing Short |
17,671 |
3.0753 GBP |
|||
|
10 10/11p ordinary |
CFD |
Decreasing Short |
1,001 |
3.0760 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
40,394 |
3.0623 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
7,805 |
3.0637 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
10,540 |
3.0753 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
14,247 |
3.0760 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
100,000 |
3.0768 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
285 |
3.0780 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
2,345 |
3.0820 GBP |
|||
|
10 10/11p ordinary |
CFD |
Increasing Short |
1,884 |
3.0822 GBP |
|||
|
|
|
|
|
|
|
|
|
|
(c) |
Stock-settled derivative transactions |
||||||
|
(i) |
Writing, selling, purchasing or varying |
||||||
|
Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Exercising |
|
|
|
|
|
|
|
Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
(d) |
Other dealings (including subscribing for |
||||||
|
Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
||||
|
|
|
|
|
||||
|
4. |
OTHER INFORMATION |
||||||
|
(a) |
Indemnity and other dealings arrangements |
||||||
|
Details of any indemnity or option arrangement, or any agreement or understanding, |
|||||||
|
NONE |
|||||||
|
(b) |
Agreements, arrangements or understandings relating to options or |
||||||
|
Details of any agreement, arrangement or understanding, formal or informal, between |
|||||||
|
NONE |
|||||||
|
(c) |
Attachments |
|
|
|
|
|
|
|
Is a Supplemental Form 8 (Open Positions) attached? |
NO |
||||||
|
Date of disclosure: |
23 Jun 2025 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||