
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: | 26 Mar 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: | 35,152,789 | 2.68% | 7,805,708 | 0.59% | |||
(2) Cash-settled derivatives: | 8,120,396 | 0.62% | 33,998,469 | 2.59% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,273,185 | 3.30% | 41,804,177 | 3.18% | |||
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 | ||||||
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 | 147,887 | 2.8362 GBP | ||||
10 10/11p ordinary | Purchase | 111,120 | 2.8360 GBP | ||||
10 10/11p ordinary | Purchase | 63,864 | 2.8411 GBP | ||||
10 10/11p ordinary | Purchase | 63,634 | 2.8390 GBP | ||||
10 10/11p ordinary | Purchase | 34,670 | 2.8359 GBP | ||||
10 10/11p ordinary | Purchase | 22,683 | 2.8400 GBP | ||||
10 10/11p ordinary | Purchase | 22,492 | 2.8405 GBP | ||||
10 10/11p ordinary | Purchase | 16,761 | 2.8402 GBP | ||||
10 10/11p ordinary | Purchase | 10,594 | 2.8435 GBP | ||||
10 10/11p ordinary | Purchase | 4,761 | 2.8337 GBP | ||||
10 10/11p ordinary | Purchase | 3,117 | 2.8412 GBP | ||||
10 10/11p ordinary | Purchase | 1,539 | 2.8369 GBP | ||||
10 10/11p ordinary | Purchase | 1,345 | 2.8398 GBP | ||||
10 10/11p ordinary | Purchase | 1,022 | 2.8430 GBP | ||||
10 10/11p ordinary | Purchase | 746 | 2.8332 GBP | ||||
10 10/11p ordinary | Purchase | 444 | 2.8399 GBP | ||||
10 10/11p ordinary | Purchase | 381 | 2.8424 GBP | ||||
10 10/11p ordinary | Purchase | 40 | 2.8330 GBP | ||||
10 10/11p ordinary | Purchase | 8 | 2.8420 GBP | ||||
10 10/11p ordinary | Sale | 79,741 | 2.8360 GBP | ||||
10 10/11p ordinary | Sale | 57,914 | 2.8379 GBP | ||||
10 10/11p ordinary | Sale | 25,751 | 2.8380 GBP | ||||
10 10/11p ordinary | Sale | 10,594 | 2.8435 GBP | ||||
10 10/11p ordinary | Sale | 3,935 | 2.8319 GBP | ||||
10 10/11p ordinary | Sale | 3,896 | 2.8385 GBP | ||||
10 10/11p ordinary | Sale | 3,700 | 2.8373 GBP | ||||
10 10/11p ordinary | Sale | 2,766 | 2.8400 GBP | ||||
10 10/11p ordinary | Sale | 2,244 | 2.8376 GBP | ||||
10 10/11p ordinary | Sale | 1,512 | 2.8340 GBP | ||||
10 10/11p ordinary | Sale | 1,236 | 2.8344 GBP | ||||
10 10/11p ordinary | Sale | 1,074 | 2.8320 GBP | ||||
10 10/11p ordinary | Sale | 746 | 2.8332 GBP | ||||
10 10/11p ordinary | Sale | 672 | 2.8430 GBP | ||||
10 10/11p ordinary | Sale | 381 | 2.8427 GBP | ||||
10 10/11p ordinary | Sale | 281 | 2.8440 GBP | ||||
10 10/11p ordinary | Sale | 87 | 2.8500 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,935 | 2.8319 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 780 | 2.8320 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 581 | 2.8341 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 147 | 2.8342 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 17,867 | 2.8360 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,700 | 2.8373 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,244 | 2.8376 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 25,751 | 2.8380 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,896 | 2.8385 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,800 | 2.8340 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 143,281 | 2.8360 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 4,100 | 2.8362 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 2,439 | 2.8364 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 182 | 2.8368 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 123,570 | 2.8390 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,345 | 2.8398 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 22,590 | 2.8400 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 16,761 | 2.8402 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 22,533 | 2.8408 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 21,761 | 2.8410 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 650 | 2.8412 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 8,279 | 2.8339 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 13,799 | 2.8421 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: | 27 Mar 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.