
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: | 10 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: | 35,497,043 | 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% | |||
| 43,907,267 | 3.35% | 42,785,029 | 3.26% | |||
(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 | 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 | Product description | Nature of dealing | Number of | Price per | |||
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 | ||||||
(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: | 11 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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