Form 8.3 - Direct Line Insurance Group Replacement

Barclays PLC

27 February 2025

 

FORM 8.3 - Amendment to 2a Replaces form Released at 24/02/2025 09:04 RNS Number : 1924Y
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:			21 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:				20,023,423	1.53%	9,551,349	0.73%
(2) Cash-settled derivatives:				10,259,306	0.78%	17,615,701	1.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,282,729	2.31%	27,167,050	2.07%
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	300,000	2.6313  GBP
10 10/11p ordinary	Purchase	130,666	2.6380  GBP
10 10/11p ordinary	Purchase	116,046	2.6401  GBP
10 10/11p ordinary	Purchase	93,725	2.6379  GBP
10 10/11p ordinary	Purchase	74,522	2.6389  GBP
10 10/11p ordinary	Purchase	18,328	2.6444  GBP
10 10/11p ordinary	Purchase	17,981	2.6388  GBP
10 10/11p ordinary	Purchase	6,720	2.6393  GBP
10 10/11p ordinary	Purchase	4,131	2.6390  GBP
10 10/11p ordinary	Purchase	3,027	2.6426  GBP
10 10/11p ordinary	Purchase	1,994	2.6441  GBP
10 10/11p ordinary	Purchase	1,799	2.6420  GBP
10 10/11p ordinary	Purchase	1,600	2.6378  GBP
10 10/11p ordinary	Purchase	1,491	2.6365  GBP
10 10/11p ordinary	Purchase	706	2.6431  GBP
10 10/11p ordinary	Purchase	632	2.6391  GBP
10 10/11p ordinary	Purchase	560	2.6400  GBP
10 10/11p ordinary	Purchase	544	2.6366  GBP
10 10/11p ordinary	Purchase	513	2.6460  GBP
10 10/11p ordinary	Purchase	175	2.6385  GBP
10 10/11p ordinary	Purchase	1	2.6340  GBP
10 10/11p ordinary	Sale	282,567	2.6300  GBP
10 10/11p ordinary	Sale	95,429	2.6407  GBP
10 10/11p ordinary	Sale	79,069	2.6379  GBP
10 10/11p ordinary	Sale	58,930	2.6400  GBP
10 10/11p ordinary	Sale	32,441	2.6380  GBP
10 10/11p ordinary	Sale	23,824	2.6383  GBP
10 10/11p ordinary	Sale	15,698	2.6397  GBP
10 10/11p ordinary	Sale	10,912	2.6411  GBP
10 10/11p ordinary	Sale	5,745	2.6384  GBP
10 10/11p ordinary	Sale	4,429	2.6403  GBP
10 10/11p ordinary	Sale	4,411	2.6365  GBP
10 10/11p ordinary	Sale	3,729	2.6385  GBP
10 10/11p ordinary	Sale	3,093	2.6420  GBP
10 10/11p ordinary	Sale	2,368	2.6428  GBP
10 10/11p ordinary	Sale	1,475	2.6427  GBP
10 10/11p ordinary	Sale	1,297	2.6396  GBP
10 10/11p ordinary	Sale	1,102	2.6370  GBP
10 10/11p ordinary	Sale	525	2.6432  GBP
10 10/11p ordinary	Sale	513	2.6460  GBP
10 10/11p ordinary	Sale	489	2.6378  GBP
10 10/11p ordinary	Sale	400	2.6419  GBP
10 10/11p ordinary	Sale	54	2.6360  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	282,567	2.6300  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,200	2.6336  GBP
10 10/11p ordinary	SWAP	Increasing Long	4,411	2.6365  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,854	2.6370  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,470	2.6378  GBP
10 10/11p ordinary	SWAP	Increasing Long	30	2.6379  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,255	2.6380  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,422	2.6383  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,745	2.6384  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,729	2.6385  GBP
10 10/11p ordinary	SWAP	Increasing Long	16,211	2.6398  GBP
10 10/11p ordinary	SWAP	Increasing Long	58,874	2.6400  GBP
10 10/11p ordinary	SWAP	Increasing Long	102,497	2.6407  GBP
10 10/11p ordinary	SWAP	Increasing Long	400	2.6419  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,475	2.6427  GBP
10 10/11p ordinary	SWAP	Increasing Long	2,297	2.6438  GBP
10 10/11p ordinary	SWAP	Decreasing Long	300,000	2.6313  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,185	2.6368  GBP
10 10/11p ordinary	SWAP	Decreasing Long	93,725	2.6379  GBP
10 10/11p ordinary	SWAP	Decreasing Long	128,426	2.6380  GBP
10 10/11p ordinary	SWAP	Decreasing Long	16,959	2.6381  GBP
10 10/11p ordinary	SWAP	Decreasing Long	17,981	2.6388  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4,131	2.6390  GBP
10 10/11p ordinary	SWAP	Decreasing Long	632	2.6391  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,962	2.6395  GBP
10 10/11p ordinary	SWAP	Decreasing Long	100,245	2.6399  GBP
10 10/11p ordinary	SWAP	Decreasing Long	503	2.6400  GBP
10 10/11p ordinary	SWAP	Decreasing Long	9,276	2.6422  GBP
10 10/11p ordinary	SWAP	Decreasing Long	706	2.6431  GBP
10 10/11p ordinary	SWAP	Decreasing Long	200	2.6440  GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,994	2.6441  GBP
10 10/11p ordinary	SWAP	Decreasing Long	18,328	2.6444  GBP
10 10/11p ordinary	SWAP	Decreasing Long	11,100	2.6447  GBP
10 10/11p ordinary	SWAP	Decreasing Long	4	2.6900  GBP
10 10/11p ordinary	CFD	Decreasing Short	16,213	2.6398  GBP
10 10/11p ordinary	CFD	Increasing Short	6,562	2.6392  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

 

END