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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DIRECT LINE INSURANCE GROUP PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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13
Feb 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
AVIVA PLC
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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10
10/11p ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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17,119,041
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1.31%
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13,895,203
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1.06%
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(2)
Cash-settled derivatives:
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14,662,433
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1.12%
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16,916,116
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1.29%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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31,781,474
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2.42%
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30,811,319
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2.35%
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Class of relevant security:
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Restricted Tier 1 Note XS1728036366
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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200,000
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0.06%
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0
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0.00%
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(2)
Cash-settled derivatives:
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0
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0.00%
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0
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0.00%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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200,000
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0.06%
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0
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0.00%
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|
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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10 10/11p
ordinary
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Purchase
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409,104
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2.6701 GBP
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10 10/11p
ordinary
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Purchase
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200,192
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2.6717 GBP
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10 10/11p
ordinary
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Purchase
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55,070
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2.6720 GBP
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10 10/11p
ordinary
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Purchase
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46,096
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2.6716 GBP
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10 10/11p
ordinary
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Purchase
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23,048
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2.6690 GBP
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10 10/11p
ordinary
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Purchase
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22,046
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2.6725 GBP
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10 10/11p
ordinary
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Purchase
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21,419
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2.6680 GBP
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10 10/11p
ordinary
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Purchase
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12,270
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2.6704 GBP
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10 10/11p
ordinary
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Purchase
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10,085
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2.6699 GBP
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10 10/11p
ordinary
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Purchase
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6,464
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2.6698 GBP
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10 10/11p
ordinary
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Purchase
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2,301
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2.6689 GBP
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10 10/11p
ordinary
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Purchase
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453
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2.6779 GBP
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10 10/11p
ordinary
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Purchase
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453
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2.6780 GBP
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10 10/11p
ordinary
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Purchase
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447
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2.6710 GBP
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10 10/11p
ordinary
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Purchase
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294
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2.6722 GBP
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10 10/11p
ordinary
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Purchase
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211
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2.6700 GBP
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10 10/11p
ordinary
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Sale
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250,639
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2.6713 GBP
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10 10/11p
ordinary
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Sale
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111,340
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2.6669 GBP
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10 10/11p
ordinary
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Sale
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104,738
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2.6683 GBP
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10 10/11p
ordinary
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Sale
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87,508
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2.6619 GBP
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10 10/11p
ordinary
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Sale
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61,413
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2.6720 GBP
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10 10/11p
ordinary
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Sale
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39,536
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2.6705 GBP
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10 10/11p
ordinary
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Sale
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29,369
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2.6674 GBP
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10 10/11p
ordinary
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Sale
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27,112
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2.6710 GBP
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10 10/11p
ordinary
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Sale
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20,258
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2.6699 GBP
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10 10/11p
ordinary
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Sale
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17,630
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2.6662 GBP
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10 10/11p
ordinary
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Sale
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14,965
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2.6684 GBP
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10 10/11p
ordinary
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Sale
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13,963
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2.6718 GBP
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10 10/11p
ordinary
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Sale
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11,742
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2.6688 GBP
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10 10/11p
ordinary
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Sale
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9,204
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2.6704 GBP
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10 10/11p
ordinary
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Sale
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8,701
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2.6715 GBP
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10 10/11p
ordinary
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Sale
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2,496
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2.6740 GBP
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10 10/11p
ordinary
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Sale
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1,694
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2.6800 GBP
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10 10/11p
ordinary
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Sale
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1,051
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2.6691 GBP
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10 10/11p
ordinary
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Sale
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822
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2.6700 GBP
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10 10/11p
ordinary
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Sale
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601
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2.6658 GBP
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10 10/11p
ordinary
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Sale
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550
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2.6621 GBP
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10 10/11p
ordinary
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Sale
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470
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2.6685 GBP
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10 10/11p
ordinary
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Sale
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453
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2.6780 GBP
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10 10/11p
ordinary
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Sale
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315
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2.6680 GBP
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10 10/11p
ordinary
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Sale
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225
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2.6666 GBP
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10 10/11p
ordinary
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Sale
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64
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2.6639 GBP
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10 10/11p
ordinary
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Sale
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29
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2.6686 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10 10/11p
ordinary
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SWAP
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Increasing Long
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259,029
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2.6480 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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87,508
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2.6619 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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64
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2.6639 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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86,267
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2.6669 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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21,798
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2.6673 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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8,650
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2.6680 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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470
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2.6685 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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29
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2.6687 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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987
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2.6691 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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2,808
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2.6699 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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3,549
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2.6700 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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30,227
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2.6705 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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14,293
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2.6706 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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12,920
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2.6716 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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12,550
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2.6718 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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53,878
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2.6720 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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259,029
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2.6480 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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350,000
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2.6583 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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11,425
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2.6689 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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23,048
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2.6690 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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6,464
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2.6698 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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211
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2.6700 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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54,840
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2.6711 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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1,300
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2.6717 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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55,473
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2.6719 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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76,661
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2.6720 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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294
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2.6722 GBP
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10 10/11p
ordinary
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CFD
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Decreasing Short
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3,035
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2.6638 GBP
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10 10/11p
ordinary
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CFD
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Increasing Short
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4,741
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2.6694 GBP
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10 10/11p
ordinary
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CFD
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Increasing Short
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33,513
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2.6718 GBP
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10 10/11p
ordinary
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CFD
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Increasing Short
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57,682
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2.6722 GBP
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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|
|
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|
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or
derivatives
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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:
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NONE
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(c)
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Attachments
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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|
Date of disclosure:
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14 Feb 2025
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Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
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