
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 |
| |||||
(c) | Name of offeror/offeree in relation to whose | DIRECT LINE INSURANCE GROUP PLC | |||||
(d) | If an exempt fund manager connected with an |
| |||||
(e) | Date position held/dealing undertaken: | 30 Jan 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
Class of relevant security: | 10 10/11p ordinary | ||||||
| Interests | Short Positions | |||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 14,158,803 | 1.08% | 13,880,291 | 1.06% | |||
(2) Cash-settled derivatives: | 14,676,674 | 1.12% | 14,165,114 | 1.08% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 28,835,477 | 2.20% | 28,045,405 | 2.14% | |||
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% | |||
| 200,000 | 0.06% | 0 | 0.00% | |||
(b) | Rights to subscribe for new securities (including directors and | ||||||
Class of relevant security in relation to | | ||||||
Details, including nature of the rights | | ||||||
3. | DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
10 10/11p ordinary | Purchase | 500,000 | 2.6742 GBP | ||||
10 10/11p ordinary | Purchase | 75,020 | 2.6795 GBP | ||||
10 10/11p ordinary | Purchase | 71,124 | 2.6838 GBP | ||||
10 10/11p ordinary | Purchase | 52,948 | 2.6840 GBP | ||||
10 10/11p ordinary | Purchase | 33,887 | 2.6813 GBP | ||||
10 10/11p ordinary | Purchase | 12,208 | 2.6800 GBP | ||||
10 10/11p ordinary | Purchase | 11,930 | 2.6781 GBP | ||||
10 10/11p ordinary | Purchase | 10,568 | 2.6755 GBP | ||||
10 10/11p ordinary | Purchase | 9,509 | 2.6814 GBP | ||||
10 10/11p ordinary | Purchase | 6,731 | 2.6798 GBP | ||||
10 10/11p ordinary | Purchase | 4,522 | 2.6760 GBP | ||||
10 10/11p ordinary | Purchase | 2,933 | 2.6797 GBP | ||||
10 10/11p ordinary | Purchase | 2,871 | 2.6799 GBP | ||||
10 10/11p ordinary | Purchase | 2,756 | 2.6748 GBP | ||||
10 10/11p ordinary | Purchase | 2,215 | 2.6757 GBP | ||||
10 10/11p ordinary | Purchase | 2,088 | 2.6745 GBP | ||||
10 10/11p ordinary | Purchase | 1,970 | 2.6740 GBP | ||||
10 10/11p ordinary | Purchase | 1,423 | 2.6791 GBP | ||||
10 10/11p ordinary | Purchase | 1,078 | 2.6780 GBP | ||||
ADR | Purchase | 948 | 13.9700 USD | ||||
10 10/11p ordinary | Purchase | 269 | 2.6733 GBP | ||||
10 10/11p ordinary | Purchase | 84 | 2.6806 GBP | ||||
10 10/11p ordinary | Purchase | 63 | 2.6820 GBP | ||||
10 10/11p ordinary | Sale | 179,820 | 2.6821 GBP | ||||
10 10/11p ordinary | Sale | 98,056 | 2.6818 GBP | ||||
10 10/11p ordinary | Sale | 79,419 | 2.6840 GBP | ||||
10 10/11p ordinary | Sale | 74,576 | 2.6767 GBP | ||||
10 10/11p ordinary | Sale | 36,623 | 2.6779 GBP | ||||
10 10/11p ordinary | Sale | 33,265 | 2.6800 GBP | ||||
10 10/11p ordinary | Sale | 22,789 | 2.6775 GBP | ||||
10 10/11p ordinary | Sale | 17,181 | 2.6786 GBP | ||||
10 10/11p ordinary | Sale | 14,850 | 2.6784 GBP | ||||
10 10/11p ordinary | Sale | 13,774 | 2.6814 GBP | ||||
10 10/11p ordinary | Sale | 7,876 | 2.6766 GBP | ||||
10 10/11p ordinary | Sale | 7,464 | 2.6839 GBP | ||||
10 10/11p ordinary | Sale | 6,389 | 2.6791 GBP | ||||
10 10/11p ordinary | Sale | 5,403 | 2.6789 GBP | ||||
10 10/11p ordinary | Sale | 4,486 | 2.6813 GBP | ||||
10 10/11p ordinary | Sale | 3,810 | 2.6810 GBP | ||||
10 10/11p ordinary | Sale | 3,038 | 2.6806 GBP | ||||
10 10/11p ordinary | Sale | 2,717 | 2.6819 GBP | ||||
10 10/11p ordinary | Sale | 1,624 | 2.6809 GBP | ||||
10 10/11p ordinary | Sale | 1,227 | 2.6815 GBP | ||||
10 10/11p ordinary | Sale | 1,038 | 2.6860 GBP | ||||
10 10/11p ordinary | Sale | 1,016 | 2.6725 GBP | ||||
10 10/11p ordinary | Sale | 979 | 2.6817 GBP | ||||
ADR | Sale | 948 | 13.9700 USD | ||||
10 10/11p ordinary | Sale | 436 | 2.6807 GBP | ||||
10 10/11p ordinary | Sale | 315 | 2.6799 GBP | ||||
10 10/11p ordinary | Sale | 269 | 2.6736 GBP | ||||
10 10/11p ordinary | Sale | 186 | 2.6760 GBP | ||||
10 10/11p ordinary | Sale | 63 | 2.6822 GBP | ||||
10 10/11p ordinary | Sale | 63 | 2.6820 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10 10/11p ordinary | SWAP | Increasing Short | 32,120 | 2.6806 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 7,876 | 2.6766 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 74,576 | 2.6767 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 28,784 | 2.6773 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 41,681 | 2.6775 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 3,781 | 2.6779 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,046 | 2.6783 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 39,175 | 2.6786 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 5,403 | 2.6789 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 315 | 2.6799 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 23,897 | 2.6800 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 436 | 2.6807 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 13,774 | 2.6814 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 979 | 2.6817 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 149,397 | 2.6819 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 33,140 | 2.6830 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 1,569 | 2.6838 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 7,464 | 2.6839 GBP | |||
10 10/11p ordinary | SWAP | Increasing Long | 109,543 | 2.6840 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 98 | 2.6600 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,134 | 2.6661 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,665 | 2.6743 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,215 | 2.6757 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 3,456 | 2.6759 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,423 | 2.6791 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 50,732 | 2.6795 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 2,871 | 2.6799 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 352 | 2.6800 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 1,662 | 2.6806 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 15,191 | 2.6808 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 6,070 | 2.6810 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 18,696 | 2.6817 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 6,605 | 2.6837 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 10,803 | 2.6840 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Long | 67,420 | 2.6841 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 326 | 2.6840 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 500,000 | 2.6742 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,108 | 2.6791 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 606 | 2.6801 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 237 | 2.6802 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,673 | 2.6806 GBP | |||
| | | | | | | |
(c) | Stock-settled derivative transactions | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| | | | | | | |
| | | | | | | |
(ii) | Exercising |
| | | | | |
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
| | | | | |||
| | | | | | | |
(d) | Other dealings (including subscribing for | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| | | | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
Details of any indemnity or option arrangement, or any agreement or understanding, | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
NONE | |||||||
(c) | Attachments |
| | | | | |
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 31 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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.