Source - LSE Regulatory
RNS Number : 8447O
Barclays PLC
04 December 2024
 

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

 

 

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

 

 

offeror/offeree, state this and specify identity of

 

offeror/offeree:

(e)

Date position held/dealing undertaken:

03 Dec 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 

 

 

disclosures in respect of any other party to the offer?

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:

 

 

20,556,433

1.57%

10,710,233

0.82%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,482,865

0.88%

17,644,803

1.35%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

32,039,298

2.44%

28,355,036

2.16%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

10 10/11p ordinary

Purchase

175,185

2.3055  GBP

10 10/11p ordinary

Purchase

138,351

2.3056  GBP

10 10/11p ordinary

Purchase

54,693

2.3050  GBP

10 10/11p ordinary

Purchase

46,965

2.3012  GBP

10 10/11p ordinary

Purchase

44,415

2.3018  GBP

10 10/11p ordinary

Purchase

40,517

2.3037  GBP

10 10/11p ordinary

Purchase

35,200

2.3084  GBP

10 10/11p ordinary

Purchase

25,337

2.3060  GBP

10 10/11p ordinary

Purchase

20,557

2.3114  GBP

10 10/11p ordinary

Purchase

20,009

2.3057  GBP

10 10/11p ordinary

Purchase

20,009

2.3077  GBP

10 10/11p ordinary

Purchase

20,009

2.2987  GBP

10 10/11p ordinary

Purchase

20,009

2.3127  GBP

10 10/11p ordinary

Purchase

19,784

2.3020  GBP

10 10/11p ordinary

Purchase

18,867

2.3070  GBP

10 10/11p ordinary

Purchase

12,666

2.3044  GBP

10 10/11p ordinary

Purchase

8,553

2.3042  GBP

10 10/11p ordinary

Purchase

7,319

2.3058  GBP

10 10/11p ordinary

Purchase

6,553

2.3160  GBP

10 10/11p ordinary

Purchase

6,283

2.3047  GBP

10 10/11p ordinary

Purchase

5,618

2.3014  GBP

10 10/11p ordinary

Purchase

2,963

2.3053  GBP

10 10/11p ordinary

Purchase

2,812

2.3062  GBP

10 10/11p ordinary

Purchase

1,271

2.3080  GBP

ADR

Purchase

800

11.4700  USD

10 10/11p ordinary

Purchase

281

2.2966  GBP

10 10/11p ordinary

Purchase

177

2.2980  GBP

10 10/11p ordinary

Sale

108,124

2.3044  GBP

10 10/11p ordinary

Sale

88,535

2.3058  GBP

10 10/11p ordinary

Sale

88,296

2.3060  GBP

10 10/11p ordinary

Sale

68,945

2.3047  GBP

10 10/11p ordinary

Sale

53,261

2.3050  GBP

10 10/11p ordinary

Sale

49,600

2.3027  GBP

10 10/11p ordinary

Sale

43,818

2.3039  GBP

10 10/11p ordinary

Sale

42,558

2.3064  GBP

10 10/11p ordinary

Sale

42,541

2.3038  GBP

10 10/11p ordinary

Sale

36,500

2.3130  GBP

10 10/11p ordinary

Sale

21,690

2.3033  GBP

10 10/11p ordinary

Sale

19,926

2.3059  GBP

10 10/11p ordinary

Sale

19,352

2.3009  GBP

10 10/11p ordinary

Sale

15,903

2.3078  GBP

10 10/11p ordinary

Sale

13,716

2.3079  GBP

10 10/11p ordinary

Sale

12,411

2.3042  GBP

10 10/11p ordinary

Sale

10,869

2.3067  GBP

10 10/11p ordinary

Sale

7,938

2.3052  GBP

10 10/11p ordinary

Sale

7,470

2.3055  GBP

10 10/11p ordinary

Sale

5,876

2.3088  GBP

10 10/11p ordinary

Sale

5,568

2.3154  GBP

10 10/11p ordinary

Sale

5,384

2.3011  GBP

10 10/11p ordinary

Sale

3,999

2.3010  GBP

10 10/11p ordinary

Sale

3,655

2.3070  GBP

10 10/11p ordinary

Sale

3,248

2.3034  GBP

10 10/11p ordinary

Sale

1,736

2.3137  GBP

10 10/11p ordinary

Sale

1,404

2.3020  GBP

10 10/11p ordinary

Sale

882

2.3026  GBP

ADR

Sale

800

11.4700  USD

10 10/11p ordinary

Sale

586

2.3000  GBP

10 10/11p ordinary

Sale

177

2.2980  GBP

10 10/11p ordinary

Sale

117

2.2982  GBP

10 10/11p ordinary

Sale

60

2.2981  GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

10 10/11p ordinary

SWAP

Decreasing Short

16,491

2.2987  GBP

10 10/11p ordinary

SWAP

Decreasing Short

23,351

2.3009  GBP

10 10/11p ordinary

SWAP

Decreasing Short

882

2.3026  GBP

10 10/11p ordinary

SWAP

Decreasing Short

63,689

2.3027  GBP

10 10/11p ordinary

SWAP

Decreasing Short

21,690

2.3033  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,248

2.3034  GBP

10 10/11p ordinary

SWAP

Decreasing Short

33,393

2.3037  GBP

10 10/11p ordinary

SWAP

Decreasing Short

42,541

2.3038  GBP

10 10/11p ordinary

SWAP

Decreasing Short

43,818

2.3039  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,858

2.3042  GBP

10 10/11p ordinary

SWAP

Decreasing Short

7,470

2.3055  GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,491

2.3057  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,032

2.3058  GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,926

2.3059  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,154

2.3060  GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,060

2.3070  GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,491

2.3077  GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,903

2.3078  GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,943

2.3114  GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,491

2.3127  GBP

10 10/11p ordinary

SWAP

Decreasing Short

849

2.3137  GBP

10 10/11p ordinary

SWAP

Decreasing Short

887

2.3140  GBP

10 10/11p ordinary

SWAP

Decreasing Short

381

2.3159  GBP

10 10/11p ordinary

SWAP

Increasing Short

281

2.2966  GBP

10 10/11p ordinary

SWAP

Increasing Short

20,289

2.3003  GBP

10 10/11p ordinary

SWAP

Increasing Short

40,934

2.3013  GBP

10 10/11p ordinary

SWAP

Increasing Short

19,784

2.3021  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,028

2.3032  GBP

10 10/11p ordinary

SWAP

Increasing Short

37,150

2.3033  GBP

10 10/11p ordinary

SWAP

Increasing Short

131

2.3041  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,369

2.3044  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,283

2.3047  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,316

2.3052  GBP

10 10/11p ordinary

SWAP

Increasing Short

138,351

2.3056  GBP

10 10/11p ordinary

SWAP

Increasing Short

58,735

2.3060  GBP

10 10/11p ordinary

SWAP

Increasing Short

30,439

2.3062  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,271

2.3080  GBP

10 10/11p ordinary

SWAP

Increasing Short

172

2.3101  GBP

10 10/11p ordinary

SWAP

Increasing Short

6,553

2.3160  GBP

10 10/11p ordinary

CFD

Increasing Short

12,299

2.3045  GBP

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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 exempt principal trader 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:

04 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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