Form 8.3 - Direct Line Insurance Group Replacement

Barclays PLC

27 February 2025

 

FORM 8.3 - Amendment to 2a and 3a Replaces form Released at 21/02/2025 10:19 RNS Number : 0509Y
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:			20 Feb 2025
(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:				20,177,073	1.54%	9,851,660	0.75%
(2) Cash-settled derivatives:				10,557,529	0.81%	17,762,655	1.35%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,734,602	2.34%	27,614,315	2.11%
Class of relevant security:				Restricted Tier 1 Note 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	1,000,000	2.6467  GBP
10 10/11p ordinary	Purchase	1,000,000	2.6374  GBP
10 10/11p ordinary	Purchase	750,000	2.6427  GBP
10 10/11p ordinary	Purchase	600,000	2.6305  GBP
10 10/11p ordinary	Purchase	500,000	2.6385  GBP
10 10/11p ordinary	Purchase	400,000	2.6344  GBP
10 10/11p ordinary	Purchase	300,000	2.6383  GBP
10 10/11p ordinary	Purchase	180,500	2.6303  GBP
10 10/11p ordinary	Purchase	112,617	2.6316  GBP
10 10/11p ordinary	Purchase	63,603	2.6300  GBP
10 10/11p ordinary	Purchase	45,347	2.6329  GBP
10 10/11p ordinary	Purchase	30,874	2.6466  GBP
10 10/11p ordinary	Purchase	22,777	2.6460  GBP
10 10/11p ordinary	Purchase	16,363	2.6348  GBP
10 10/11p ordinary	Purchase	15,755	2.6462  GBP
10 10/11p ordinary	Purchase	6,964	2.6389  GBP
10 10/11p ordinary	Purchase	6,491	2.6487  GBP
10 10/11p ordinary	Purchase	6,272	2.6451  GBP
10 10/11p ordinary	Purchase	5,911	2.6419  GBP
10 10/11p ordinary	Purchase	5,616	2.6534  GBP
10 10/11p ordinary	Purchase	5,264	2.6420  GBP
10 10/11p ordinary	Purchase	4,324	2.6384  GBP
10 10/11p ordinary	Purchase	3,399	2.6479  GBP
10 10/11p ordinary	Purchase	3,095	2.6362  GBP
10 10/11p ordinary	Purchase	1,802	2.6406  GBP
10 10/11p ordinary	Purchase	1,070	2.6546  GBP
10 10/11p ordinary	Purchase	1,034	2.6520  GBP
10 10/11p ordinary	Purchase	112	2.6480  GBP
10 10/11p ordinary	Purchase	36	2.6340  GBP
10 10/11p ordinary	Purchase	2	2.6400  GBP
10 10/11p ordinary	Sale	198,965	2.6346  GBP
10 10/11p ordinary	Sale	142,209	2.6341  GBP
10 10/11p ordinary	Sale	118,765	2.6300  GBP
10 10/11p ordinary	Sale	117,900	2.6363  GBP
10 10/11p ordinary	Sale	97,822	2.6354  GBP
10 10/11p ordinary	Sale	71,826	2.6344  GBP
10 10/11p ordinary	Sale	70,972	2.6461  GBP
10 10/11p ordinary	Sale	46,417	2.6335  GBP
10 10/11p ordinary	Sale	37,824	2.6349  GBP
10 10/11p ordinary	Sale	32,073	2.6299  GBP
10 10/11p ordinary	Sale	25,833	2.6347  GBP
10 10/11p ordinary	Sale	25,733	2.6345  GBP
10 10/11p ordinary	Sale	13,495	2.6470  GBP
10 10/11p ordinary	Sale	4,882	2.6396  GBP
10 10/11p ordinary	Sale	4,578	2.6369  GBP
10 10/11p ordinary	Sale	3,271	2.6380  GBP
10 10/11p ordinary	Sale	2,049	2.6340  GBP
10 10/11p ordinary	Sale	1,997	2.6375  GBP
10 10/11p ordinary	Sale	1,372	2.6440  GBP
10 10/11p ordinary	Sale	1,191	2.6320  GBP
10 10/11p ordinary	Sale	1,034	2.6520  GBP
10 10/11p ordinary	Sale	1,034	2.6522  GBP
10 10/11p ordinary	Sale	474	2.6324  GBP
10 10/11p ordinary	Sale	439	2.6359  GBP
10 10/11p ordinary	Sale	112	2.6480  GBP
10 10/11p ordinary	Sale	83	2.6482  GBP
10 10/11p ordinary	Sale	29	2.6483  GBP
10 10/11p ordinary	Sale	19	2.6350  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	Increasing Long	124,329	2.6300  GBP
10 10/11p ordinary	SWAP	Increasing Long	107	2.6339  GBP
10 10/11p ordinary	SWAP	Increasing Long	25	2.6340  GBP
10 10/11p ordinary	SWAP	Increasing Long	197,451	2.6342  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,301	2.6343  GBP
10 10/11p ordinary	SWAP	Increasing Long	127,426	2.6344  GBP
10 10/11p ordinary	SWAP	Increasing Long	191,153	2.6346  GBP
10 10/11p ordinary	SWAP	Increasing Long	77,182	2.6349  GBP
10 10/11p ordinary	SWAP	Increasing Long	12,547	2.6350  GBP
10 10/11p ordinary	SWAP	Increasing Long	62,300	2.6379  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,271	2.6380  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,655	2.6394  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,187	2.6421  GBP
10 10/11p ordinary	SWAP	Decreasing Long	97,773	2.6301  GBP
10 10/11p ordinary	SWAP	Decreasing Long	500	2.6303  GBP
10 10/11p ordinary	SWAP	Decreasing Long	284	2.6340  GBP
10 10/11p ordinary	SWAP	Decreasing Long	32,977	2.6342  GBP
10 10/11p ordinary	SWAP	Decreasing Long	400,000	2.6344  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,363	2.6348  GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,319	2.6357  GBP
10 10/11p ordinary	SWAP	Decreasing Long	43	2.6360  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,095	2.6362  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,680,000	2.6370  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,185	2.6376  GBP
10 10/11p ordinary	SWAP	Decreasing Long	300,000	2.6383  GBP
10 10/11p ordinary	SWAP	Decreasing Long	822	2.6396  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,911	2.6419  GBP
10 10/11p ordinary	SWAP	Decreasing Long	5,264	2.6420  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,357	2.6438  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,000,000	2.6467  GBP
10 10/11p ordinary	SWAP	Decreasing Long	8,796	2.6478  GBP
10 10/11p ordinary	CFD	Decreasing Short	29,521	2.6370  GBP
10 10/11p ordinary	CFD	Increasing Short	35	2.6542  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:				27 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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