
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: | 09 Apr 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: | 35,485,233 | 2.71% | 8,549,927 | 0.65% | |||
(2) Cash-settled derivatives: | 8,816,536 | 0.67% | 34,473,365 | 2.63% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 44,301,769 | 3.38% | 43,023,292 | 3.28% | |||
(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 | 200,000 | 2.6048 GBP | ||||
10 10/11p ordinary | Purchase | 106,393 | 2.6136 GBP | ||||
10 10/11p ordinary | Purchase | 54,549 | 2.6200 GBP | ||||
10 10/11p ordinary | Purchase | 32,751 | 2.6170 GBP | ||||
10 10/11p ordinary | Purchase | 30,900 | 2.6137 GBP | ||||
10 10/11p ordinary | Purchase | 26,332 | 2.6181 GBP | ||||
10 10/11p ordinary | Purchase | 22,931 | 2.6084 GBP | ||||
10 10/11p ordinary | Purchase | 19,981 | 2.6111 GBP | ||||
10 10/11p ordinary | Purchase | 5,140 | 2.6043 GBP | ||||
10 10/11p ordinary | Purchase | 3,200 | 2.6060 GBP | ||||
10 10/11p ordinary | Purchase | 2,922 | 2.6120 GBP | ||||
10 10/11p ordinary | Purchase | 2,260 | 2.6140 GBP | ||||
10 10/11p ordinary | Purchase | 1,417 | 2.6150 GBP | ||||
10 10/11p ordinary | Purchase | 1,041 | 2.6380 GBP | ||||
10 10/11p ordinary | Purchase | 949 | 2.6042 GBP | ||||
10 10/11p ordinary | Purchase | 648 | 2.6180 GBP | ||||
10 10/11p ordinary | Purchase | 625 | 2.6240 GBP | ||||
10 10/11p ordinary | Purchase | 607 | 2.6080 GBP | ||||
10 10/11p ordinary | Purchase | 607 | 2.6079 GBP | ||||
10 10/11p ordinary | Purchase | 174 | 2.6210 GBP | ||||
10 10/11p ordinary | Sale | 269,268 | 2.6196 GBP | ||||
10 10/11p ordinary | Sale | 252,301 | 2.6200 GBP | ||||
10 10/11p ordinary | Sale | 85,698 | 2.6098 GBP | ||||
10 10/11p ordinary | Sale | 80,436 | 2.6179 GBP | ||||
10 10/11p ordinary | Sale | 21,927 | 2.6137 GBP | ||||
10 10/11p ordinary | Sale | 15,725 | 2.6157 GBP | ||||
10 10/11p ordinary | Sale | 13,492 | 2.6133 GBP | ||||
10 10/11p ordinary | Sale | 11,617 | 2.6107 GBP | ||||
10 10/11p ordinary | Sale | 8,131 | 2.6142 GBP | ||||
10 10/11p ordinary | Sale | 8,023 | 2.6152 GBP | ||||
10 10/11p ordinary | Sale | 7,803 | 2.6122 GBP | ||||
10 10/11p ordinary | Sale | 6,139 | 2.6145 GBP | ||||
10 10/11p ordinary | Sale | 5,636 | 2.6136 GBP | ||||
10 10/11p ordinary | Sale | 5,380 | 2.6173 GBP | ||||
10 10/11p ordinary | Sale | 5,237 | 2.6138 GBP | ||||
10 10/11p ordinary | Sale | 4,900 | 2.6100 GBP | ||||
10 10/11p ordinary | Sale | 3,965 | 2.6123 GBP | ||||
10 10/11p ordinary | Sale | 2,045 | 2.6090 GBP | ||||
10 10/11p ordinary | Sale | 1,705 | 2.6080 GBP | ||||
10 10/11p ordinary | Sale | 1,514 | 2.6056 GBP | ||||
10 10/11p ordinary | Sale | 1,200 | 2.6040 GBP | ||||
10 10/11p ordinary | Sale | 822 | 2.6279 GBP | ||||
10 10/11p ordinary | Sale | 718 | 2.6120 GBP | ||||
10 10/11p ordinary | Sale | 424 | 2.6180 GBP | ||||
10 10/11p ordinary | Sale | 352 | 2.6275 GBP | ||||
10 10/11p ordinary | Sale | 87 | 2.6210 GBP | ||||
10 10/11p ordinary | Sale | 3 | 2.5980 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10 10/11p ordinary | SWAP | Decreasing Short | 25,267 | 2.6134 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3 | 2.5978 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,514 | 2.6056 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 17,523 | 2.6078 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 2,045 | 2.6090 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 85,698 | 2.6098 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 11,617 | 2.6107 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,497 | 2.6109 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 4,930 | 2.6112 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 3,965 | 2.6123 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,197 | 2.6140 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 8,131 | 2.6142 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 22,188 | 2.6158 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 58,687 | 2.6168 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 74,799 | 2.6183 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 341,100 | 2.6200 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 59,781 | 2.6203 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 822 | 2.6279 GBP | |||
10 10/11p ordinary | SWAP | Decreasing Short | 1,491 | 2.6300 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 200,000 | 2.6048 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 3,927 | 2.6059 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 25,428 | 2.6079 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 19,981 | 2.6111 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 106,393 | 2.6136 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 30,900 | 2.6137 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,635 | 2.6140 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 24,042 | 2.6150 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 820 | 2.6160 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 1,695 | 2.6200 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 21,432 | 2.6201 GBP | |||
10 10/11p ordinary | SWAP | Increasing Short | 881 | 2.6246 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 8,561 | 2.6101 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 8,483 | 2.6124 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 22,925 | 2.6267 GBP | |||
10 10/11p ordinary | CFD | Decreasing Short | 6,439 | 2.6285 GBP | |||
10 10/11p ordinary | CFD | Increasing Short | 6,669 | 2.6262 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: | 10 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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