Form 8.3 - Direct Line Insurance Group Replacement

Barclays PLC

13 December 2024

 

FORM 8.3 - Amendment to 2a Replaces form Released at 04/12/2024 15:17 RNS Number : 8447O
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  positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			DIRECT LINE INSURANCE GROUP PLC
(d)	If an exempt fund manager connected with an  offeror/offeree, state this and specify identity of  offeror/offeree:
(e)	Date position held/dealing undertaken:			03 Dec 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  AVIVA PLC
2.	POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree  to which the disclosure relates following the dealing(if any)
Class of relevant security:				10 10/11p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				20,556,433	1.57%	10,710,233	0.82%
(2) Cash-settled derivatives:				11,482,865	0.88%	17,644,803	1.35%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				32,039,298	2.44%	28,355,036	2.16%
Class of relevant security:				Convertible Bond XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				200,000	0.06%	0	0.00%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				200,000	0.06%	0	0.00%
(b)	Rights to subscribe for new securities (including directors and  other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10 10/11p ordinary	Purchase	175,185	2.3055  GBP
10 10/11p ordinary	Purchase	138,351	2.3056  GBP
10 10/11p ordinary	Purchase	54,693	2.3050  GBP
10 10/11p ordinary	Purchase	46,965	2.3012  GBP
10 10/11p ordinary	Purchase	44,415	2.3018  GBP
10 10/11p ordinary	Purchase	40,517	2.3037  GBP
10 10/11p ordinary	Purchase	35,200	2.3084  GBP
10 10/11p ordinary	Purchase	25,337	2.3060  GBP
10 10/11p ordinary	Purchase	20,557	2.3114  GBP
10 10/11p ordinary	Purchase	20,009	2.3057  GBP
10 10/11p ordinary	Purchase	20,009	2.3077  GBP
10 10/11p ordinary	Purchase	20,009	2.2987  GBP
10 10/11p ordinary	Purchase	20,009	2.3127  GBP
10 10/11p ordinary	Purchase	19,784	2.3020  GBP
10 10/11p ordinary	Purchase	18,867	2.3070  GBP
10 10/11p ordinary	Purchase	12,666	2.3044  GBP
10 10/11p ordinary	Purchase	8,553	2.3042  GBP
10 10/11p ordinary	Purchase	7,319	2.3058  GBP
10 10/11p ordinary	Purchase	6,553	2.3160  GBP
10 10/11p ordinary	Purchase	6,283	2.3047  GBP
10 10/11p ordinary	Purchase	5,618	2.3014  GBP
10 10/11p ordinary	Purchase	2,963	2.3053  GBP
10 10/11p ordinary	Purchase	2,812	2.3062  GBP
10 10/11p ordinary	Purchase	1,271	2.3080  GBP
ADR	Purchase	800	11.4700  USD
10 10/11p ordinary	Purchase	281	2.2966  GBP
10 10/11p ordinary	Purchase	177	2.2980  GBP
10 10/11p ordinary	Sale	108,124	2.3044  GBP
10 10/11p ordinary	Sale	88,535	2.3058  GBP
10 10/11p ordinary	Sale	88,296	2.3060  GBP
10 10/11p ordinary	Sale	68,945	2.3047  GBP
10 10/11p ordinary	Sale	53,261	2.3050  GBP
10 10/11p ordinary	Sale	49,600	2.3027  GBP
10 10/11p ordinary	Sale	43,818	2.3039  GBP
10 10/11p ordinary	Sale	42,558	2.3064  GBP
10 10/11p ordinary	Sale	42,541	2.3038  GBP
10 10/11p ordinary	Sale	36,500	2.3130  GBP
10 10/11p ordinary	Sale	21,690	2.3033  GBP
10 10/11p ordinary	Sale	19,926	2.3059  GBP
10 10/11p ordinary	Sale	19,352	2.3009  GBP
10 10/11p ordinary	Sale	15,903	2.3078  GBP
10 10/11p ordinary	Sale	13,716	2.3079  GBP
10 10/11p ordinary	Sale	12,411	2.3042  GBP
10 10/11p ordinary	Sale	10,869	2.3067  GBP
10 10/11p ordinary	Sale	7,938	2.3052  GBP
10 10/11p ordinary	Sale	7,470	2.3055  GBP
10 10/11p ordinary	Sale	5,876	2.3088  GBP
10 10/11p ordinary	Sale	5,568	2.3154  GBP
10 10/11p ordinary	Sale	5,384	2.3011  GBP
10 10/11p ordinary	Sale	3,999	2.3010  GBP
10 10/11p ordinary	Sale	3,655	2.3070  GBP
10 10/11p ordinary	Sale	3,248	2.3034  GBP
10 10/11p ordinary	Sale	1,736	2.3137  GBP
10 10/11p ordinary	Sale	1,404	2.3020  GBP
10 10/11p ordinary	Sale	882	2.3026  GBP
ADR	Sale	800	11.4700  USD
10 10/11p ordinary	Sale	586	2.3000  GBP
10 10/11p ordinary	Sale	177	2.2980  GBP
10 10/11p ordinary	Sale	117	2.2982  GBP
10 10/11p ordinary	Sale	60	2.2981  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10 10/11p ordinary	SWAP	Decreasing Short	16,491	2.2987  GBP
10 10/11p ordinary	SWAP	Decreasing Short	23,351	2.3009  GBP
10 10/11p ordinary	SWAP	Decreasing Short	882	2.3026  GBP
10 10/11p ordinary	SWAP	Decreasing Short	63,689	2.3027  GBP
10 10/11p ordinary	SWAP	Decreasing Short	21,690	2.3033  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,248	2.3034  GBP
10 10/11p ordinary	SWAP	Decreasing Short	33,393	2.3037  GBP
10 10/11p ordinary	SWAP	Decreasing Short	42,541	2.3038  GBP
10 10/11p ordinary	SWAP	Decreasing Short	43,818	2.3039  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,858	2.3042  GBP
10 10/11p ordinary	SWAP	Decreasing Short	7,470	2.3055  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,491	2.3057  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,032	2.3058  GBP
10 10/11p ordinary	SWAP	Decreasing Short	19,926	2.3059  GBP
10 10/11p ordinary	SWAP	Decreasing Short	31,154	2.3060  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,060	2.3070  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,491	2.3077  GBP
10 10/11p ordinary	SWAP	Decreasing Short	15,903	2.3078  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,943	2.3114  GBP
10 10/11p ordinary	SWAP	Decreasing Short	16,491	2.3127  GBP
10 10/11p ordinary	SWAP	Decreasing Short	849	2.3137  GBP
10 10/11p ordinary	SWAP	Decreasing Short	887	2.3140  GBP
10 10/11p ordinary	SWAP	Decreasing Short	381	2.3159  GBP
10 10/11p ordinary	SWAP	Increasing Short	281	2.2966  GBP
10 10/11p ordinary	SWAP	Increasing Short	20,289	2.3003  GBP
10 10/11p ordinary	SWAP	Increasing Short	40,934	2.3013  GBP
10 10/11p ordinary	SWAP	Increasing Short	19,784	2.3021  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,028	2.3032  GBP
10 10/11p ordinary	SWAP	Increasing Short	37,150	2.3033  GBP
10 10/11p ordinary	SWAP	Increasing Short	131	2.3041  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,369	2.3044  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,283	2.3047  GBP
10 10/11p ordinary	SWAP	Increasing Short	4,316	2.3052  GBP
10 10/11p ordinary	SWAP	Increasing Short	138,351	2.3056  GBP
10 10/11p ordinary	SWAP	Increasing Short	58,735	2.3060  GBP
10 10/11p ordinary	SWAP	Increasing Short	30,439	2.3062  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,271	2.3080  GBP
10 10/11p ordinary	SWAP	Increasing Short	172	2.3101  GBP
10 10/11p ordinary	SWAP	Increasing Short	6,553	2.3160  GBP
10 10/11p ordinary	CFD	Increasing Short	12,299	2.3045  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal  or refrain from dealing entered into by the person making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or  derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the person making the disclosure and any other person relating to:  (i)  the voting rights of any relevant securities under any option; or  (ii) the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				13 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END