Source - LSE Regulatory
RNS Number : 7631E
Barclays PLC
11 April 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:

10 Apr 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:

35,497,043

2.71%

8,148,266

0.62%

(2) Cash-settled derivatives:

8,410,224

0.64%

34,636,763

2.64%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

43,907,267

3.35%

42,785,029

3.26%

(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

247,124

2.6915  GBP

10 10/11p ordinary

Purchase

243,823

2.6697  GBP

10 10/11p ordinary

Purchase

94,382

2.6816  GBP

10 10/11p ordinary

Purchase

76,336

2.6827  GBP

10 10/11p ordinary

Purchase

30,945

2.6685  GBP

10 10/11p ordinary

Purchase

18,571

2.6834  GBP

10 10/11p ordinary

Purchase

14,736

2.6680  GBP

10 10/11p ordinary

Purchase

13,293

2.7021  GBP

10 10/11p ordinary

Purchase

11,290

2.6860  GBP

10 10/11p ordinary

Purchase

9,647

2.6880  GBP

10 10/11p ordinary

Purchase

5,545

2.6939  GBP

10 10/11p ordinary

Purchase

4,808

2.6899  GBP

10 10/11p ordinary

Purchase

4,537

2.6890  GBP

10 10/11p ordinary

Purchase

4,200

2.7116  GBP

10 10/11p ordinary

Purchase

3,967

2.6873  GBP

10 10/11p ordinary

Purchase

2,432

2.6844  GBP

10 10/11p ordinary

Purchase

2,318

2.6895  GBP

10 10/11p ordinary

Purchase

1,136

2.6829  GBP

10 10/11p ordinary

Purchase

1,131

2.6900  GBP

10 10/11p ordinary

Purchase

194

2.6960  GBP

10 10/11p ordinary

Purchase

123

2.6836  GBP

10 10/11p ordinary

Purchase

94

2.6820  GBP

10 10/11p ordinary

Purchase

94

2.6819  GBP

10 10/11p ordinary

Purchase

82

2.6920  GBP

10 10/11p ordinary

Sale

168,414

2.6680  GBP

10 10/11p ordinary

Sale

77,685

2.6841  GBP

10 10/11p ordinary

Sale

31,860

2.6756  GBP

10 10/11p ordinary

Sale

27,972

2.6886  GBP

10 10/11p ordinary

Sale

23,417

2.6806  GBP

10 10/11p ordinary

Sale

12,452

2.6855  GBP

10 10/11p ordinary

Sale

7,224

2.7360  GBP

10 10/11p ordinary

Sale

6,342

2.6762  GBP

10 10/11p ordinary

Sale

5,631

2.6866  GBP

10 10/11p ordinary

Sale

4,690

2.6851  GBP

10 10/11p ordinary

Sale

3,431

2.6811  GBP

10 10/11p ordinary

Sale

2,125

2.6840  GBP

10 10/11p ordinary

Sale

1,371

2.6880  GBP

10 10/11p ordinary

Sale

1,282

2.6751  GBP

10 10/11p ordinary

Sale

1,210

2.6783  GBP

10 10/11p ordinary

Sale

1,100

2.7179  GBP

10 10/11p ordinary

Sale

1,037

2.6679  GBP

10 10/11p ordinary

Sale

94

2.6820  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

Decreasing Short

9,883

2.6678  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,037

2.6679  GBP

10 10/11p ordinary

SWAP

Decreasing Short

14,985

2.6680  GBP

10 10/11p ordinary

SWAP

Decreasing Short

1,282

2.6751  GBP

10 10/11p ordinary

SWAP

Decreasing Short

31,860

2.6756  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,342

2.6762  GBP

10 10/11p ordinary

SWAP

Decreasing Short

3,600

2.6776  GBP

10 10/11p ordinary

SWAP

Decreasing Short

35,738

2.6796  GBP

10 10/11p ordinary

SWAP

Decreasing Short

19,817

2.6812  GBP

10 10/11p ordinary

SWAP

Decreasing Short

2,125

2.6840  GBP

10 10/11p ordinary

SWAP

Decreasing Short

12,452

2.6855  GBP

10 10/11p ordinary

SWAP

Decreasing Short

160

2.6858  GBP

10 10/11p ordinary

SWAP

Decreasing Short

41

2.6859  GBP

10 10/11p ordinary

SWAP

Increasing Short

100,558

2.6680  GBP

10 10/11p ordinary

SWAP

Increasing Short

29,911

2.6681  GBP

10 10/11p ordinary

SWAP

Increasing Short

133,653

2.6683  GBP

10 10/11p ordinary

SWAP

Increasing Short

19,583

2.6748  GBP

10 10/11p ordinary

SWAP

Increasing Short

313

2.6800  GBP

10 10/11p ordinary

SWAP

Increasing Short

76,336

2.6827  GBP

10 10/11p ordinary

SWAP

Increasing Short

42,693

2.6841  GBP

10 10/11p ordinary

SWAP

Increasing Short

68,397

2.6847  GBP

10 10/11p ordinary

SWAP

Increasing Short

15,433

2.6903  GBP

10 10/11p ordinary

SWAP

Increasing Short

247,124

2.6915  GBP

10 10/11p ordinary

SWAP

Increasing Short

5,545

2.6939  GBP

10 10/11p ordinary

SWAP

Increasing Short

13,293

2.7021  GBP

10 10/11p ordinary

CFD

Decreasing Short

45,615

2.6911  GBP

10 10/11p ordinary

CFD

Increasing Short

1,808

2.6868  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:

11 Apr 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
 
 
RETPKDBKQBKDPQD
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Barclays PLC (BARC)

+4.25p (+1.33%)
delayed 18:12PM
JavaScript chart by amCharts 3.4.408:0011:4115:19320322324326328Show all

Direct Line Insurance Group PLC (DLG)

+3.20p (+1.05%)
delayed 17:43PM
JavaScript chart by amCharts 3.4.408:0011:0114:58290295300305310Show all