
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: | 27 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: | 35,155,855 | 2.68% | 7,647,719 | 0.58% | |||
(2) Cash-settled derivatives: | 7,942,320 | 0.61% | 34,061,384 | 2.60% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,098,175 | 3.29% | 41,709,103 | 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 | 236,746 | 2.8190 GBP | ||||
10 10/11p ordinary | Purchase | 139,810 | 2.8191 GBP | ||||
10 10/11p ordinary | Purchase | 117,964 | 2.8196 GBP | ||||
10 10/11p ordinary | Purchase | 103,119 | 2.8200 GBP | ||||
10 10/11p ordinary | Purchase | 18,488 | 2.8158 GBP | ||||
10 10/11p ordinary | Purchase | 17,750 | 2.8208 GBP | ||||
10 10/11p ordinary | Purchase | 15,073 | 2.8215 GBP | ||||
10 10/11p ordinary | Purchase | 11,779 | 2.8160 GBP | ||||
10 10/11p ordinary | Purchase | 8,869 | 2.8197 GBP | ||||
10 10/11p ordinary | Purchase | 8,856 | 2.8198 GBP | ||||
10 10/11p ordinary | Purchase | 7,285 | 2.8151 GBP | ||||
10 10/11p ordinary | Purchase | 3,750 | 2.8213 GBP | ||||
10 10/11p ordinary | Purchase | 3,537 | 2.8220 GBP | ||||
10 10/11p ordinary | Purchase | 2,738 | 2.8224 GBP | ||||
10 10/11p ordinary | Purchase | 2,595 | 2.8176 GBP | ||||
10 10/11p ordinary | Purchase | 2,439 | 2.8120 GBP | ||||
10 10/11p ordinary | Purchase | 2,080 | 2.8099 GBP | ||||
10 10/11p ordinary | Purchase | 1,912 | 2.8226 GBP | ||||
10 10/11p ordinary | Purchase | 1,532 | 2.8240 GBP | ||||
10 10/11p ordinary | Purchase | 576 | 2.8227 GBP | ||||
10 10/11p ordinary | Purchase | 535 | 2.8140 GBP | ||||
10 10/11p ordinary | Purchase | 340 | 2.8180 GBP | ||||
10 10/11p ordinary | Purchase | 50 | 2.8040 GBP | ||||
10 10/11p ordinary | Sale | 179,811 | 2.8200 GBP | ||||
10 10/11p ordinary | Sale | 87,233 | 2.8202 GBP | ||||
10 10/11p ordinary | Sale | 61,031 | 2.8188 GBP | ||||
10 10/11p ordinary | Sale | 40,000 | 2.8175 GBP | ||||
10 10/11p ordinary | Sale | 26,332 | 2.8167 GBP | ||||
10 10/11p ordinary | Sale | 24,956 | 2.8176 GBP | ||||
10 10/11p ordinary | Sale | 20,227 | 2.8190 GBP | ||||
10 10/11p ordinary | Sale | 18,629 | 2.8171 GBP | ||||
10 10/11p ordinary | Sale | 17,300 | 2.8114 GBP | ||||
10 10/11p ordinary | Sale | 11,756 | 2.8173 GBP | ||||
10 10/11p ordinary | Sale | 9,993 | 2.8119 GBP | ||||
10 10/11p ordinary | Sale | 9,659 | 2.8183 GBP | ||||
10 10/11p ordinary | Sale | 6,807 | 2.8134 GBP | ||||
10 10/11p ordinary | Sale | 6,706 | 2.8184 GBP | ||||
10 10/11p ordinary | Sale | 5,149 | 2.8180 GBP | ||||
10 10/11p ordinary | Sale | 4,992 | 2.8177 GBP | ||||
10 10/11p ordinary | Sale | 3,583 | 2.8192 GBP | ||||
10 10/11p ordinary | Sale | 3,222 | 2.8229 GBP | ||||
10 10/11p ordinary | Sale | 2,611 | 2.8135 GBP | ||||
10 10/11p ordinary | Sale | 2,388 | 2.8122 GBP | ||||
10 10/11p ordinary | Sale | 1,453 | 2.8128 GBP | ||||
10 10/11p ordinary | Sale | 885 | 2.8158 GBP | ||||
10 10/11p ordinary | Sale | 809 | 2.8172 GBP | ||||
10 10/11p ordinary | Sale | 382 | 2.8120 GBP | ||||
10 10/11p ordinary | Sale | 264 | 2.8239 GBP | ||||
10 10/11p ordinary | Sale | 172 | 2.8140 GBP | ||||
10 10/11p ordinary | Sale | 169 | 2.8230 GBP | ||||
10 10/11p ordinary | Sale | 157 | 2.8201 GBP | ||||
10 10/11p ordinary | Sale | 50 | 2.8040 GBP | ||||
10 10/11p ordinary | Sale | 42 | 2.8159 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10 10/11p ordinary | SWAP | Decreasing Short | 11,900 | 2.8103 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 9,993 | 2.8119 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,388 | 2.8122 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 6,807 | 2.8134 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,611 | 2.8135 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 5,400 | 2.8138 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 18,629 | 2.8171 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,270 | 2.8173 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,857 | 2.8185 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 15,772 | 2.8195 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 8,351 | 2.8200 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 245 | 2.8228 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,283 | 2.8229 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 15 | 2.8480 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,195 | 2.8157 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 18,488 | 2.8158 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 7,974 | 2.8160 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 900 | 2.8173 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 300 | 2.8180 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,449 | 2.8182 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 12,005 | 2.8185 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 25,938 | 2.8193 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 49,184 | 2.8196 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 163,452 | 2.8200 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 17,750 | 2.8208 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 15,850 | 2.8217 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 9,232 | 2.8236 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,532 | 2.8240 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 3,903 | 2.8110 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 11,166 | 2.8150 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: | 28 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.