Source - LSE Regulatory
RNS Number : 9076F
Barclays PLC
23 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:

22 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:

37,151,849

2.83%

6,134,516

0.46%

(2) Cash-settled derivatives:

6,382,526

0.49%

36,242,138

2.76%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

43,534,375

3.32%

42,376,654

3.22%

(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

278,819

2.7726  GBP

10 10/11p ordinary

Purchase

188,002

2.7700  GBP

10 10/11p ordinary

Purchase

65,869

2.7673  GBP

10 10/11p ordinary

Purchase

53,201

2.7715  GBP

10 10/11p ordinary

Purchase

50,407

2.7742  GBP

10 10/11p ordinary

Purchase

49,172

2.7695  GBP

10 10/11p ordinary

Purchase

29,996

2.7724  GBP

10 10/11p ordinary

Purchase

24,404

2.7683  GBP

10 10/11p ordinary

Purchase

21,708

2.7709  GBP

10 10/11p ordinary

Purchase

17,000

2.7710  GBP

10 10/11p ordinary

Purchase

15,538

2.7720  GBP

10 10/11p ordinary

Purchase

13,840

2.7783  GBP

10 10/11p ordinary

Purchase

9,773

2.7629  GBP

10 10/11p ordinary

Purchase

9,653

2.7751  GBP

10 10/11p ordinary

Purchase

8,873

2.7711  GBP

10 10/11p ordinary

Purchase

7,913

2.7696  GBP

10 10/11p ordinary

Purchase

6,994

2.7732  GBP

10 10/11p ordinary

Purchase

5,641

2.7744  GBP

10 10/11p ordinary

Purchase

3,969

2.7781  GBP

10 10/11p ordinary

Purchase

3,520

2.7702  GBP

10 10/11p ordinary

Purchase

3,223

2.7699  GBP

10 10/11p ordinary

Purchase

3,000

2.7760  GBP

10 10/11p ordinary

Purchase

3,000

2.7757  GBP

10 10/11p ordinary

Purchase

2,610

2.7640  GBP

10 10/11p ordinary

Purchase

2,508

2.7682  GBP

10 10/11p ordinary

Purchase

2,455

2.7765  GBP

10 10/11p ordinary

Purchase

1,673

2.7762  GBP

10 10/11p ordinary

Purchase

1,011

2.7780  GBP

10 10/11p ordinary

Purchase

419

2.7663  GBP

10 10/11p ordinary

Purchase

71

2.7540  GBP

10 10/11p ordinary

Sale

70,735

2.7633  GBP

10 10/11p ordinary

Sale

60,441

2.7702  GBP

10 10/11p ordinary

Sale

18,543

2.7720  GBP

10 10/11p ordinary

Sale

16,635

2.7550  GBP

10 10/11p ordinary

Sale

14,698

2.7724  GBP

10 10/11p ordinary

Sale

13,237

2.7700  GBP

10 10/11p ordinary

Sale

12,251

2.7734  GBP

10 10/11p ordinary

Sale

10,308

2.7731  GBP

10 10/11p ordinary

Sale

7,393

2.7772  GBP

10 10/11p ordinary

Sale

7,313

2.7706  GBP

10 10/11p ordinary

Sale

6,857

2.7449  GBP

10 10/11p ordinary

Sale

4,722

2.7661  GBP

10 10/11p ordinary

Sale

3,000

2.7760  GBP

10 10/11p ordinary

Sale

2,852

2.7740  GBP

10 10/11p ordinary

Sale

2,370

2.7688  GBP

10 10/11p ordinary

Sale

2,210

2.7640  GBP

10 10/11p ordinary

Sale

1,381

2.7795  GBP

10 10/11p ordinary

Sale

1,372

2.7657  GBP

10 10/11p ordinary

Sale

1,157

2.7689  GBP

10 10/11p ordinary

Sale

1,115

2.7810  GBP

10 10/11p ordinary

Sale

1,078

2.7780  GBP

10 10/11p ordinary

Sale

566

2.7676  GBP

10 10/11p ordinary

Sale

502

2.7687  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

6,857

2.7449  GBP

10 10/11p ordinary

SWAP

Decreasing Short

16,635

2.7550  GBP

10 10/11p ordinary

SWAP

Decreasing Short

93

2.7659  GBP

10 10/11p ordinary

SWAP

Decreasing Short

15,933

2.7699  GBP

10 10/11p ordinary

SWAP

Decreasing Short

6,446

2.7728  GBP

10 10/11p ordinary

SWAP

Decreasing Short

5,805

2.7740  GBP

10 10/11p ordinary

SWAP

Increasing Short

419

2.7663  GBP

10 10/11p ordinary

SWAP

Increasing Short

1,519

2.7667  GBP

10 10/11p ordinary

SWAP

Increasing Short

102,400

2.7681  GBP

10 10/11p ordinary

SWAP

Increasing Short

18,164

2.7688  GBP

10 10/11p ordinary

SWAP

Increasing Short

3,223

2.7699  GBP

10 10/11p ordinary

SWAP

Increasing Short

206,903

2.7700  GBP

10 10/11p ordinary

SWAP

Increasing Short

35,593

2.7708  GBP

10 10/11p ordinary

SWAP

Increasing Short

22,228

2.7710  GBP

10 10/11p ordinary

SWAP

Increasing Short

19,651

2.7715  GBP

10 10/11p ordinary

SWAP

Increasing Short

29,996

2.7724  GBP

10 10/11p ordinary

SWAP

Increasing Short

17,608

2.7729  GBP

10 10/11p ordinary

SWAP

Increasing Short

792

2.7758  GBP

10 10/11p ordinary

SWAP

Increasing Short

4,100

2.7811  GBP

10 10/11p ordinary

CFD

Decreasing Short

30,835

2.7555  GBP

10 10/11p ordinary

CFD

Increasing Short

13,473

2.7746  GBP

10 10/11p ordinary

CFD

Increasing Short

131,315

2.7748  GBP

10 10/11p ordinary

CFD

Increasing Short

51,627

2.7749  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:

23 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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