Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

21 January 2025, 15:00

Source - LSE Regulatory

RNS Number : 1679U

Barclays PLC

21 January 2025

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 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:			20 Jan 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:				11,593,085	0.88%	12,931,639	0.99%
(2) Cash-settled derivatives:				13,614,128	1.04%	11,441,292	0.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,207,213	1.92%	24,372,931	1.86%

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	500,000	2.6205 GBP
10 10/11p ordinary	Purchase	106,762	2.6160 GBP
10 10/11p ordinary	Purchase	71,088	2.6180 GBP
10 10/11p ordinary	Purchase	63,545	2.6163 GBP
10 10/11p ordinary	Purchase	19,457	2.6216 GBP
10 10/11p ordinary	Purchase	15,976	2.6175 GBP
10 10/11p ordinary	Purchase	15,680	2.6215 GBP
10 10/11p ordinary	Purchase	9,372	2.6179 GBP
10 10/11p ordinary	Purchase	3,537	2.6182 GBP
10 10/11p ordinary	Purchase	1,934	2.6261 GBP
10 10/11p ordinary	Purchase	1,339	2.6197 GBP
10 10/11p ordinary	Purchase	1,254	2.6260 GBP
10 10/11p ordinary	Purchase	786	2.6200 GBP
10 10/11p ordinary	Purchase	786	2.6199 GBP
10 10/11p ordinary	Purchase	312	2.6221 GBP
10 10/11p ordinary	Purchase	268	2.6239 GBP
10 10/11p ordinary	Purchase	253	2.6223 GBP
10 10/11p ordinary	Purchase	2	2.6170 GBP
10 10/11p ordinary	Sale	1,000,000	2.6178 GBP
10 10/11p ordinary	Sale	118,426	2.6208 GBP
10 10/11p ordinary	Sale	108,074	2.6209 GBP
10 10/11p ordinary	Sale	70,420	2.6160 GBP
10 10/11p ordinary	Sale	53,432	2.6187 GBP
10 10/11p ordinary	Sale	43,877	2.6159 GBP
10 10/11p ordinary	Sale	28,353	2.6182 GBP
10 10/11p ordinary	Sale	28,200	2.6236 GBP
10 10/11p ordinary	Sale	20,269	2.6180 GBP
10 10/11p ordinary	Sale	15,210	2.6173 GBP
10 10/11p ordinary	Sale	12,340	2.6200 GBP
10 10/11p ordinary	Sale	5,564	2.6177 GBP
10 10/11p ordinary	Sale	4,156	2.6186 GBP
10 10/11p ordinary	Sale	3,448	2.6248 GBP
10 10/11p ordinary	Sale	1,847	2.6207 GBP
10 10/11p ordinary	Sale	1,614	2.6199 GBP
10 10/11p ordinary	Sale	1,182	2.6161 GBP
10 10/11p ordinary	Sale	253	2.6226 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	43,877	2.6159 GBP
10 10/11p ordinary	SWAP	Increasing Long	11,415	2.6160 GBP
10 10/11p ordinary	SWAP	Increasing Long	15,210	2.6173 GBP
10 10/11p ordinary	SWAP	Increasing Long	185	2.6175 GBP
10 10/11p ordinary	SWAP	Increasing Long	1,000,000	2.6178 GBP
10 10/11p ordinary	SWAP	Increasing Long	88,831	2.6185 GBP
10 10/11p ordinary	SWAP	Increasing Long	108,074	2.6209 GBP
10 10/11p ordinary	SWAP	Increasing Long	6,149	2.6211 GBP
10 10/11p ordinary	SWAP	Increasing Long	15,000	2.6216 GBP
10 10/11p ordinary	SWAP	Increasing Long	13,200	2.6258 GBP
10 10/11p ordinary	SWAP	Increasing Long	1,948	2.6280 GBP
10 10/11p ordinary	SWAP	Decreasing Long	26,483	2.6160 GBP
10 10/11p ordinary	SWAP	Decreasing Long	67,794	2.6180 GBP
10 10/11p ordinary	SWAP	Decreasing Long	15,170	2.6189 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,339	2.6197 GBP
10 10/11p ordinary	SWAP	Decreasing Long	19,457	2.6216 GBP
10 10/11p ordinary	SWAP	Decreasing Long	268	2.6240 GBP
10 10/11p ordinary	SWAP	Decreasing Long	1,934	2.6261 GBP
10 10/11p ordinary	CFD	Decreasing Short	9,927	2.6173 GBP
10 10/11p ordinary	CFD	Increasing Short	500,000	2.6205 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:				21 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RETFLFESLAILFIE

Related Charts

Barclays PLC (BARC)

Direct Line Insurance Group PLC (DLG)

Most Read

Market Overview

UK 350 Risers and Fallers

Form 8.3 - DIRECT LINE INSURANCE GROUP PLC

Related Charts

Barclays PLC (BARC)

Direct Line Insurance Group PLC (DLG)

Most Read

Receive our daily news email

Subscribe to the latest investing news by entering your email address below

For five days a week you will get

Plus more useful investment content and occasional promotional offers.

Market Overview

UK 350 Risers and Fallers

Receive our
daily news email