Form 8.3 - Direct Line Insurance Group Replacement

Barclays PLC

10 March 2025

 

FORM 8.3 - Amendment - this form replaces RNS number 1308Z published at 13:21 on 03/03/2025, changes made to section 2a and 3a
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:			28 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:				20,999,807	1.60%	10,242,847	0.78%
(2) Cash-settled derivatives:				10,035,146	0.77%	20,599,679	1.57%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				31,034,953	2.37%	30,842,526	2.35%
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	788,127	2.7751  GBP
10 10/11p ordinary	Purchase	133,886	2.7776  GBP
10 10/11p ordinary	Purchase	119,287	2.7760  GBP
10 10/11p ordinary	Purchase	73,813	2.7661  GBP
10 10/11p ordinary	Purchase	64,974	2.7758  GBP
10 10/11p ordinary	Purchase	32,388	2.7761  GBP
10 10/11p ordinary	Purchase	9,642	2.7680  GBP
10 10/11p ordinary	Purchase	2,183	2.7684  GBP
10 10/11p ordinary	Purchase	1,821	2.7816  GBP
10 10/11p ordinary	Purchase	1,762	2.7600  GBP
10 10/11p ordinary	Purchase	1,707	2.7729  GBP
10 10/11p ordinary	Purchase	1,614	2.7624  GBP
10 10/11p ordinary	Purchase	1,488	2.7720  GBP
10 10/11p ordinary	Purchase	1,237	2.7800  GBP
10 10/11p ordinary	Purchase	1,011	2.7660  GBP
10 10/11p ordinary	Purchase	722	2.7620  GBP
10 10/11p ordinary	Purchase	676	2.7700  GBP
10 10/11p ordinary	Purchase	607	2.7690  GBP
10 10/11p ordinary	Purchase	46	2.7740  GBP
10 10/11p ordinary	Sale	618,377	2.7759  GBP
10 10/11p ordinary	Sale	305,417	2.7762  GBP
10 10/11p ordinary	Sale	193,108	2.7712  GBP
10 10/11p ordinary	Sale	148,026	2.7760  GBP
10 10/11p ordinary	Sale	120,741	2.7749  GBP
10 10/11p ordinary	Sale	115,661	2.7746  GBP
10 10/11p ordinary	Sale	78,400	2.7727  GBP
10 10/11p ordinary	Sale	44,860	2.7757  GBP
10 10/11p ordinary	Sale	32,504	2.7767  GBP
10 10/11p ordinary	Sale	23,950	2.7730  GBP
10 10/11p ordinary	Sale	9,194	2.7780  GBP
10 10/11p ordinary	Sale	6,900	2.7758  GBP
10 10/11p ordinary	Sale	5,796	2.7671  GBP
10 10/11p ordinary	Sale	5,765	2.7775  GBP
10 10/11p ordinary	Sale	5,682	2.7680  GBP
10 10/11p ordinary	Sale	5,017	2.7718  GBP
10 10/11p ordinary	Sale	4,981	2.7672  GBP
10 10/11p ordinary	Sale	4,928	2.7764  GBP
10 10/11p ordinary	Sale	3,999	2.7722  GBP
10 10/11p ordinary	Sale	3,272	2.7675  GBP
10 10/11p ordinary	Sale	2,611	2.7705  GBP
10 10/11p ordinary	Sale	1,488	2.7720  GBP
10 10/11p ordinary	Sale	1,397	2.7600  GBP
10 10/11p ordinary	Sale	1,131	2.7729  GBP
10 10/11p ordinary	Sale	1,070	2.7840  GBP
10 10/11p ordinary	Sale	921	2.7770  GBP
10 10/11p ordinary	Sale	722	2.7620  GBP
10 10/11p ordinary	Sale	676	2.7700  GBP
10 10/11p ordinary	Sale	556	2.7790  GBP
10 10/11p ordinary	Sale	208	2.7732  GBP
10 10/11p ordinary	Sale	178	2.7699  GBP
10 10/11p ordinary	Sale	46	2.7740  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	2	2.7560  GBP
10 10/11p ordinary	SWAP	Decreasing Short	62,413	2.7652  GBP
10 10/11p ordinary	SWAP	Decreasing Short	52,700	2.7691  GBP
10 10/11p ordinary	SWAP	Decreasing Short	178	2.7699  GBP
10 10/11p ordinary	SWAP	Decreasing Short	3,999	2.7722  GBP
10 10/11p ordinary	SWAP	Decreasing Short	106,724	2.7728  GBP
10 10/11p ordinary	SWAP	Decreasing Short	208	2.7732  GBP
10 10/11p ordinary	SWAP	Decreasing Short	11,397	2.7738  GBP
10 10/11p ordinary	SWAP	Decreasing Short	120,741	2.7749  GBP
10 10/11p ordinary	SWAP	Decreasing Short	56,167	2.7750  GBP
10 10/11p ordinary	SWAP	Decreasing Short	57,921	2.7753  GBP
10 10/11p ordinary	SWAP	Decreasing Short	47,473	2.7756  GBP
10 10/11p ordinary	SWAP	Decreasing Short	6,900	2.7758  GBP
10 10/11p ordinary	SWAP	Decreasing Short	1,008	2.7760  GBP
10 10/11p ordinary	SWAP	Decreasing Short	297,245	2.7762  GBP
10 10/11p ordinary	SWAP	Decreasing Short	4,928	2.7764  GBP
10 10/11p ordinary	SWAP	Decreasing Short	32,504	2.7767  GBP
10 10/11p ordinary	SWAP	Decreasing Short	25,700	2.7799  GBP
10 10/11p ordinary	SWAP	Increasing Short	182	2.7595  GBP
10 10/11p ordinary	SWAP	Increasing Short	365	2.7600  GBP
10 10/11p ordinary	SWAP	Increasing Short	1,958	2.7642  GBP
10 10/11p ordinary	SWAP	Increasing Short	73,813	2.7661  GBP
10 10/11p ordinary	SWAP	Increasing Short	331,453	2.7740  GBP
10 10/11p ordinary	SWAP	Increasing Short	472,067	2.7760  GBP
10 10/11p ordinary	SWAP	Increasing Short	54,606	2.7761  GBP
10 10/11p ordinary	SWAP	Increasing Short	29,504	2.7776  GBP
10 10/11p ordinary	SWAP	Increasing Short	83,853	2.7779  GBP
10 10/11p ordinary	SWAP	Increasing Short	200	2.7800  GBP
10 10/11p ordinary	CFD	Increasing Short	9,591	2.7740  GBP
10 10/11p ordinary	CFD	Increasing Short	16,075	2.7760  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:				10 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END