FORM 8.3 | |||||||
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 |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | DIRECT LINE INSURANCE GROUP PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 29 Nov 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | AVIVA PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 10 10/11p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 21,398,526 | 1.63% | 11,569,106 | 0.88% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 12,456,858 | 0.95% | 18,085,256 | 1.38% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 33,855,384 | 2.58% | 29,654,362 | 2.26% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
| securities |
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10 10/11p ordinary | Purchase | 1,545,068 | 2.3480 GBP | ||||
10 10/11p ordinary | Purchase | 417,057 | 2.3016 GBP | ||||
10 10/11p ordinary | Purchase | 387,200 | 2.3074 GBP | ||||
10 10/11p ordinary | Purchase | 323,121 | 2.3098 GBP | ||||
10 10/11p ordinary | Purchase | 173,826 | 2.2900 GBP | ||||
10 10/11p ordinary | Purchase | 156,500 | 2.3345 GBP | ||||
10 10/11p ordinary | Purchase | 130,675 | 2.2961 GBP | ||||
10 10/11p ordinary | Purchase | 120,526 | 2.3104 GBP | ||||
10 10/11p ordinary | Purchase | 111,807 | 2.3145 GBP | ||||
ADR | Purchase | 45,296 | 11.7473 USD | ||||
10 10/11p ordinary | Purchase | 39,940 | 2.2927 GBP | ||||
10 10/11p ordinary | Purchase | 37,730 | 2.3299 GBP | ||||
10 10/11p ordinary | Purchase | 28,915 | 2.3165 GBP | ||||
10 10/11p ordinary | Purchase | 21,160 | 2.3002 GBP | ||||
10 10/11p ordinary | Purchase | 20,402 | 2.3084 GBP | ||||
10 10/11p ordinary | Purchase | 17,687 | 2.2790 GBP | ||||
10 10/11p ordinary | Purchase | 14,750 | 2.3075 GBP | ||||
10 10/11p ordinary | Purchase | 13,162 | 2.2950 GBP | ||||
10 10/11p ordinary | Purchase | 13,100 | 2.3334 GBP | ||||
10 10/11p ordinary | Purchase | 13,043 | 2.2899 GBP | ||||
10 10/11p ordinary | Purchase | 12,784 | 2.2953 GBP | ||||
10 10/11p ordinary | Purchase | 11,588 | 2.3360 GBP | ||||
10 10/11p ordinary | Purchase | 11,336 | 2.3061 GBP | ||||
10 10/11p ordinary | Purchase | 10,602 | 2.3348 GBP | ||||
10 10/11p ordinary | Purchase | 9,395 | 2.2860 GBP | ||||
10 10/11p ordinary | Purchase | 8,939 | 2.3278 GBP | ||||
10 10/11p ordinary | Purchase | 7,407 | 2.3017 GBP | ||||
10 10/11p ordinary | Purchase | 7,272 | 2.3159 GBP | ||||
10 10/11p ordinary | Purchase | 7,264 | 2.2700 GBP | ||||
10 10/11p ordinary | Purchase | 6,035 | 2.2720 GBP | ||||
10 10/11p ordinary | Purchase | 5,259 | 2.3114 GBP | ||||
10 10/11p ordinary | Purchase | 5,174 | 2.3223 GBP | ||||
10 10/11p ordinary | Purchase | 4,803 | 2.3440 GBP | ||||
10 10/11p ordinary | Purchase | 4,512 | 2.2980 GBP | ||||
10 10/11p ordinary | Purchase | 3,808 | 2.3149 GBP | ||||
10 10/11p ordinary | Purchase | 3,262 | 2.3460 GBP | ||||
10 10/11p ordinary | Purchase | 3,250 | 2.2760 GBP | ||||
10 10/11p ordinary | Purchase | 3,034 | 2.3128 GBP | ||||
10 10/11p ordinary | Purchase | 2,759 | 2.3140 GBP | ||||
10 10/11p ordinary | Purchase | 2,525 | 2.3095 GBP | ||||
10 10/11p ordinary | Purchase | 2,459 | 2.2788 GBP | ||||
10 10/11p ordinary | Purchase | 2,309 | 2.3291 GBP | ||||
10 10/11p ordinary | Purchase | 2,073 | 2.3417 GBP | ||||
10 10/11p ordinary | Purchase | 1,976 | 2.3000 GBP | ||||
10 10/11p ordinary | Purchase | 1,600 | 2.3162 GBP | ||||
10 10/11p ordinary | Purchase | 1,526 | 2.2740 GBP | ||||
10 10/11p ordinary | Purchase | 1,500 | 2.3500 GBP | ||||
10 10/11p ordinary | Purchase | 1,446 | 2.3080 GBP | ||||
10 10/11p ordinary | Purchase | 1,368 | 2.3077 GBP | ||||
10 10/11p ordinary | Purchase | 1,334 | 2.3240 GBP | ||||
10 10/11p ordinary | Purchase | 1,277 | 2.3292 GBP | ||||
10 10/11p ordinary | Purchase | 1,048 | 2.3037 GBP | ||||
10 10/11p ordinary | Purchase | 1,010 | 2.3450 GBP | ||||
10 10/11p ordinary | Purchase | 793 | 2.2765 GBP | ||||
10 10/11p ordinary | Purchase | 434 | 2.3193 GBP | ||||
ADR | Purchase | 400 | 11.7400 USD | ||||
10 10/11p ordinary | Purchase | 387 | 2.2889 GBP | ||||
10 10/11p ordinary | Purchase | 315 | 2.2660 GBP | ||||
10 10/11p ordinary | Purchase | 153 | 2.2680 GBP | ||||
10 10/11p ordinary | Sale | 1,465,942 | 2.3438 GBP | ||||
10 10/11p ordinary | Sale | 391,019 | 2.3162 GBP | ||||
10 10/11p ordinary | Sale | 263,810 | 2.3080 GBP | ||||
10 10/11p ordinary | Sale | 260,252 | 2.3000 GBP | ||||
10 10/11p ordinary | Sale | 231,709 | 2.3015 GBP | ||||
10 10/11p ordinary | Sale | 184,924 | 2.3110 GBP | ||||
10 10/11p ordinary | Sale | 180,320 | 2.3120 GBP | ||||
10 10/11p ordinary | Sale | 175,136 | 2.2901 GBP | ||||
10 10/11p ordinary | Sale | 163,038 | 2.2948 GBP | ||||
10 10/11p ordinary | Sale | 131,563 | 2.3094 GBP | ||||
10 10/11p ordinary | Sale | 125,912 | 2.3023 GBP | ||||
10 10/11p ordinary | Sale | 111,324 | 2.3223 GBP | ||||
10 10/11p ordinary | Sale | 104,068 | 2.2890 GBP | ||||
10 10/11p ordinary | Sale | 91,065 | 2.2824 GBP | ||||
10 10/11p ordinary | Sale | 82,825 | 2.3076 GBP | ||||
10 10/11p ordinary | Sale | 76,203 | 2.3417 GBP | ||||
10 10/11p ordinary | Sale | 54,915 | 2.3297 GBP | ||||
ADR | Sale | 45,296 | 11.7473 USD | ||||
10 10/11p ordinary | Sale | 39,185 | 2.3097 GBP | ||||
10 10/11p ordinary | Sale | 37,103 | 2.3053 GBP | ||||
10 10/11p ordinary | Sale | 37,028 | 2.3069 GBP | ||||
10 10/11p ordinary | Sale | 34,832 | 2.3304 GBP | ||||
10 10/11p ordinary | Sale | 29,649 | 2.2872 GBP | ||||
10 10/11p ordinary | Sale | 29,182 | 2.3371 GBP | ||||
10 10/11p ordinary | Sale | 29,031 | 2.2800 GBP | ||||
10 10/11p ordinary | Sale | 28,517 | 2.2821 GBP | ||||
10 10/11p ordinary | Sale | 25,929 | 2.3479 GBP | ||||
10 10/11p ordinary | Sale | 24,866 | 2.3122 GBP | ||||
10 10/11p ordinary | Sale | 17,929 | 2.3192 GBP | ||||
10 10/11p ordinary | Sale | 17,069 | 2.3440 GBP | ||||
10 10/11p ordinary | Sale | 16,656 | 2.3187 GBP | ||||
10 10/11p ordinary | Sale | 14,773 | 2.3077 GBP | ||||
10 10/11p ordinary | Sale | 14,700 | 2.2966 GBP | ||||
10 10/11p ordinary | Sale | 14,484 | 2.2988 GBP | ||||
10 10/11p ordinary | Sale | 13,924 | 2.2928 GBP | ||||
10 10/11p ordinary | Sale | 12,609 | 2.2761 GBP | ||||
10 10/11p ordinary | Sale | 9,395 | 2.2860 GBP | ||||
10 10/11p ordinary | Sale | 9,307 | 2.3087 GBP | ||||
10 10/11p ordinary | Sale | 8,754 | 2.2700 GBP | ||||
10 10/11p ordinary | Sale | 8,232 | 2.3137 GBP | ||||
10 10/11p ordinary | Sale | 7,933 | 2.3062 GBP | ||||
10 10/11p ordinary | Sale | 7,402 | 2.3059 GBP | ||||
10 10/11p ordinary | Sale | 6,544 | 2.3219 GBP | ||||
10 10/11p ordinary | Sale | 6,035 | 2.2720 GBP | ||||
10 10/11p ordinary | Sale | 4,512 | 2.2980 GBP | ||||
10 10/11p ordinary | Sale | 3,250 | 2.2760 GBP | ||||
10 10/11p ordinary | Sale | 2,759 | 2.3140 GBP | ||||
10 10/11p ordinary | Sale | 1,844 | 2.3040 GBP | ||||
10 10/11p ordinary | Sale | 1,725 | 2.2709 GBP | ||||
10 10/11p ordinary | Sale | 1,526 | 2.2740 GBP | ||||
10 10/11p ordinary | Sale | 1,359 | 2.3480 GBP | ||||
10 10/11p ordinary | Sale | 1,334 | 2.3240 GBP | ||||
10 10/11p ordinary | Sale | 1,242 | 2.3460 GBP | ||||
10 10/11p ordinary | Sale | 1,000 | 2.3247 GBP | ||||
10 10/11p ordinary | Sale | 913 | 2.3291 GBP | ||||
ADR | Sale | 400 | 11.7400 USD | ||||
10 10/11p ordinary | Sale | 399 | 2.2759 GBP | ||||
10 10/11p ordinary | Sale | 315 | 2.2660 GBP | ||||
10 10/11p ordinary | Sale | 153 | 2.2680 GBP | ||||
10 10/11p ordinary | Sale | 115 | 2.3320 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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10 10/11p ordinary | SWAP | Decreasing Short | 1,725 | 2.2709 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 23,256 | 2.2759 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 12,609 | 2.2761 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 24,918 | 2.2807 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 104,068 | 2.2890 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 9,200 | 2.2902 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 34,160 | 2.2927 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 68,204 | 2.2984 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 231,709 | 2.3015 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 142,089 | 2.3016 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 125,912 | 2.3023 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 37,970 | 2.3041 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 42,297 | 2.3050 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 7,933 | 2.3062 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 5,660 | 2.3075 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 39,185 | 2.3097 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 24,866 | 2.3122 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 16,656 | 2.3187 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 181,109 | 2.3236 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 102,124 | 2.3252 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 112,505 | 2.3261 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 913 | 2.3291 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 32,270 | 2.3299 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 63 | 2.3319 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 29,182 | 2.3371 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 76,203 | 2.3417 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 15,033 | 2.3440 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 17,901 | 2.3458 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,876 | 2.3478 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 25,929 | 2.3479 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 884,761 | 2.3480 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,081 | 2.2758 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,985 | 2.2760 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 793 | 2.2765 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,459 | 2.2788 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1 | 2.2860 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 120,286 | 2.2970 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 31,000 | 2.3019 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 25,793 | 2.3060 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 20,402 | 2.3084 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,525 | 2.3095 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 5,259 | 2.3114 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 94,733 | 2.3116 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 7,272 | 2.3159 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,600 | 2.3162 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 434 | 2.3193 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 557 | 2.3267 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,309 | 2.3291 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 552 | 2.3294 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 93,546 | 2.3333 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 56,442 | 2.3480 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 27,243 | 2.3101 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 139,278 | 2.3190 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 6,544 | 2.3219 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 23,660 | 2.3280 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 16,586 | 2.3292 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 26,871 | 2.3302 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 5,395 | 2.2860 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 35,612 | 2.2987 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 224 | 2.3181 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 2,034 | 2.3479 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 1,281,307 | 2.3480 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 02 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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