| FORM 8.3 - Amendment - this form replaces RNS number 4028D published at 15:18 on 02/04/2025, changes made to section 2a and 3a | |||||||
| 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 |
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| positions disclosed, if different from 1(a): | ||||||
| (c) | Name of offeror/offeree in relation to whose | DIRECT LINE INSURANCE GROUP PLC | |||||
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| relevant securities this form relates: | ||||||
| (d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 01 Apr 2025 | |||||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | AVIVA PLC |
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| 2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
| (a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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| Class of relevant security: | 10 10/11p ordinary | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 36,251,475 | 2.76% | 7,598,757 | 0.57% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 7,783,811 | 0.59% | 34,827,420 | 2.66% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 44,035,286 | 3.36% | 42,426,177 | 3.23% |
| (b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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| Class of relevant security in relation to |
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| which subscription right exists |
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| Details, including nature of the rights |
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| concerned and relevant percentages: |
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| 3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchases and sales |
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| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security |
| securities |
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| 10 10/11p ordinary | Purchase | 500,000 | 2.8084 GBP | ||||
| 10 10/11p ordinary | Purchase | 285,946 | 2.8168 GBP | ||||
| 10 10/11p ordinary | Purchase | 176,257 | 2.8101 GBP | ||||
| 10 10/11p ordinary | Purchase | 136,074 | 2.8126 GBP | ||||
| 10 10/11p ordinary | Purchase | 114,106 | 2.8127 GBP | ||||
| 10 10/11p ordinary | Purchase | 91,954 | 2.8071 GBP | ||||
| 10 10/11p ordinary | Purchase | 85,611 | 2.8108 GBP | ||||
| 10 10/11p ordinary | Purchase | 65,586 | 2.8135 GBP | ||||
| 10 10/11p ordinary | Purchase | 62,616 | 2.8109 GBP | ||||
| 10 10/11p ordinary | Purchase | 50,359 | 2.8106 GBP | ||||
| 10 10/11p ordinary | Purchase | 37,511 | 2.8145 GBP | ||||
| 10 10/11p ordinary | Purchase | 33,875 | 2.8124 GBP | ||||
| 10 10/11p ordinary | Purchase | 29,972 | 2.8160 GBP | ||||
| 10 10/11p ordinary | Purchase | 26,063 | 2.8140 GBP | ||||
| 10 10/11p ordinary | Purchase | 25,179 | 2.8032 GBP | ||||
| 10 10/11p ordinary | Purchase | 20,143 | 2.8051 GBP | ||||
| 10 10/11p ordinary | Purchase | 19,052 | 2.8125 GBP | ||||
| 10 10/11p ordinary | Purchase | 12,590 | 2.8118 GBP | ||||
| 10 10/11p ordinary | Purchase | 12,590 | 2.8176 GBP | ||||
| 10 10/11p ordinary | Purchase | 10,888 | 2.8147 GBP | ||||
| 10 10/11p ordinary | Purchase | 9,051 | 2.8144 GBP | ||||
| 10 10/11p ordinary | Purchase | 7,212 | 2.8090 GBP | ||||
| 10 10/11p ordinary | Purchase | 5,556 | 2.8112 GBP | ||||
| 10 10/11p ordinary | Purchase | 3,256 | 2.8120 GBP | ||||
| 10 10/11p ordinary | Purchase | 3,060 | 2.8085 GBP | ||||
| 10 10/11p ordinary | Purchase | 2,076 | 2.8100 GBP | ||||
| 10 10/11p ordinary | Purchase | 1,730 | 2.8174 GBP | ||||
| 10 10/11p ordinary | Purchase | 1,369 | 2.8080 GBP | ||||
| 10 10/11p ordinary | Purchase | 1,148 | 2.8060 GBP | ||||
| 10 10/11p ordinary | Purchase | 626 | 2.8040 GBP | ||||
| 10 10/11p ordinary | Purchase | 552 | 2.8020 GBP | ||||
| 10 10/11p ordinary | Purchase | 261 | 2.8200 GBP | ||||
| 10 10/11p ordinary | Purchase | 180 | 2.8000 GBP | ||||
| 10 10/11p ordinary | Purchase | 85 | 2.8180 GBP | ||||
| 10 10/11p ordinary | Sale | 170,258 | 2.8156 GBP | ||||
| 10 10/11p ordinary | Sale | 48,877 | 2.8060 GBP | ||||
| 10 10/11p ordinary | Sale | 43,784 | 2.8141 GBP | ||||
| 10 10/11p ordinary | Sale | 43,217 | 2.8132 GBP | ||||
| 10 10/11p ordinary | Sale | 33,336 | 2.8120 GBP | ||||
| 10 10/11p ordinary | Sale | 29,511 | 2.8042 GBP | ||||
| 10 10/11p ordinary | Sale | 22,879 | 2.8080 GBP | ||||
| 10 10/11p ordinary | Sale | 19,896 | 2.8110 GBP | ||||
| 10 10/11p ordinary | Sale | 16,026 | 2.8100 GBP | ||||
| 10 10/11p ordinary | Sale | 12,365 | 2.8145 GBP | ||||
| 10 10/11p ordinary | Sale | 10,501 | 2.8127 GBP | ||||
| 10 10/11p ordinary | Sale | 10,027 | 2.8146 GBP | ||||
| 10 10/11p ordinary | Sale | 9,853 | 2.8086 GBP | ||||
| 10 10/11p ordinary | Sale | 7,756 | 2.8239 GBP | ||||
| 10 10/11p ordinary | Sale | 6,886 | 2.8041 GBP | ||||
| 10 10/11p ordinary | Sale | 5,877 | 2.8093 GBP | ||||
| 10 10/11p ordinary | Sale | 5,700 | 2.8114 GBP | ||||
| 10 10/11p ordinary | Sale | 5,608 | 2.8109 GBP | ||||
| 10 10/11p ordinary | Sale | 5,572 | 2.8116 GBP | ||||
| 10 10/11p ordinary | Sale | 5,059 | 2.8051 GBP | ||||
| 10 10/11p ordinary | Sale | 3,567 | 2.8017 GBP | ||||
| 10 10/11p ordinary | Sale | 3,264 | 2.8090 GBP | ||||
| 10 10/11p ordinary | Sale | 626 | 2.8040 GBP | ||||
| 10 10/11p ordinary | Sale | 552 | 2.8020 GBP | ||||
| 10 10/11p ordinary | Sale | 469 | 2.8160 GBP | ||||
| 10 10/11p ordinary | Sale | 417 | 2.8091 GBP | ||||
| 10 10/11p ordinary | Sale | 261 | 2.8200 GBP | ||||
| 10 10/11p ordinary | Sale | 253 | 2.8197 GBP | ||||
| 10 10/11p ordinary | Sale | 195 | 2.8191 GBP | ||||
| 10 10/11p ordinary | Sale | 180 | 2.8000 GBP | ||||
| 10 10/11p ordinary | Sale | 105 | 2.8140 GBP | ||||
| 10 10/11p ordinary | Sale | 93 | 2.8198 GBP | ||||
| 10 10/11p ordinary | Sale | 85 | 2.8180 GBP | ||||
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| (b) | Cash-settled derivative transactions |
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| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description |
| reference | unit | |||
| security |
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| securities |
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| 10 10/11p ordinary | SWAP | Increasing Short | 120,861 | 2.8090 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 261,868 | 2.8103 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 25,071 | 2.8125 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 29,511 | 2.8042 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 659 | 2.8074 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 2,311 | 2.8093 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 27,925 | 2.8095 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 10,781 | 2.8099 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 1,798 | 2.8110 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 800 | 2.8112 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 860 | 2.8119 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 888 | 2.8120 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 10,501 | 2.8127 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 27,751 | 2.8128 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 532 | 2.8136 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 652 | 2.8137 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 22,983 | 2.8143 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 9,375 | 2.8147 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 153,085 | 2.8158 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 16,033 | 2.8164 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 7,756 | 2.8239 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 12 | 2.8480 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 500,000 | 2.8084 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 19,935 | 2.8103 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 61,817 | 2.8105 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 1,798 | 2.8110 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 316 | 2.8120 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 33,875 | 2.8124 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 19,052 | 2.8125 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 114,106 | 2.8127 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 38,218 | 2.8132 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 52,385 | 2.8139 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 49,888 | 2.8160 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 18,908 | 2.8161 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 11,722 | 2.8165 GBP | |||
| 10 10/11p ordinary | SWAP | Increasing Short | 459 | 2.8189 GBP | |||
| 10 10/11p ordinary | CFD | Decreasing Short | 4,243 | 2.8125 GBP | |||
| 10 10/11p ordinary | CFD | Decreasing Short | 4,767 | 2.8142 GBP | |||
| 10 10/11p ordinary | CFD | Increasing Short | 7,825 | 2.8147 GBP | |||
| 10 10/11p ordinary | SWAP | Decreasing Short | 195 | 2.8192 GBP | |||
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| (c) | Stock-settled derivative transactions (including options) |
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| (i) | Writing, selling, purchasing or varying |
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| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| of | description | purchasing, | of | price |
| date | money |
| relevant |
| selling, | securities | per unit |
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| paid/ |
| security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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| securities | unit | |||
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| (d) | Other dealings (including subscribing for new securities) |
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| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| security |
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| applicable) | ||||
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| 4. | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements |
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| Details of any indemnity or option arrangement, or any agreement or understanding, |
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| formal or informal, relating to relevant securities which may be an inducement to deal |
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| or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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| to the offer or any person acting in concert with a party to the offer: |
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| NONE | |||||||
| (b) | Agreements, arrangements or understandings relating to options or derivatives |
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| Details of any agreement, arrangement or understanding, formal or informal, between |
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| the person making the disclosure and any other person relating to: |
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| (i) the voting rights of any relevant securities under any option; or |
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| (ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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| any derivative is referenced: |
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| NONE | |||||||
| (c) | Attachments |
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| 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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