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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DIRECT LINE INSURANCE GROUP PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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03
Feb 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
AVIVA PLC
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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10
10/11p ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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14,240,419
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1.09%
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14,447,609
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1.10%
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(2)
Cash-settled derivatives:
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15,232,222
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1.16%
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14,250,570
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1.09%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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29,472,641
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2.25%
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28,698,179
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2.19%
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Class of relevant security:
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Restricted Tier 1 Note XS1728036366
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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200,000
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0.06%
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0
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0.00%
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(2)
Cash-settled derivatives:
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0
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0.00%
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0
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0.00%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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200,000
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0.06%
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0
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0.00%
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|
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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10 10/11p
ordinary
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Purchase
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500,000
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2.6583 GBP
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10 10/11p
ordinary
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Purchase
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293,412
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2.6540 GBP
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10 10/11p
ordinary
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Purchase
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91,457
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2.6573 GBP
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10 10/11p
ordinary
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Purchase
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73,361
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2.6569 GBP
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|
10 10/11p
ordinary
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Purchase
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47,077
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2.6558 GBP
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|
10 10/11p
ordinary
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Purchase
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40,306
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2.6606 GBP
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|
10 10/11p
ordinary
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Purchase
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37,059
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2.6600 GBP
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|
10 10/11p
ordinary
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Purchase
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15,303
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2.6567 GBP
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|
10 10/11p
ordinary
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Purchase
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10,553
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2.6564 GBP
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10 10/11p
ordinary
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Purchase
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8,557
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2.6608 GBP
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10 10/11p
ordinary
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Purchase
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5,965
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2.6609 GBP
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|
10 10/11p
ordinary
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Purchase
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5,550
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2.6536 GBP
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10 10/11p
ordinary
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Purchase
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4,404
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2.6556 GBP
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10 10/11p
ordinary
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Purchase
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3,566
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2.6599 GBP
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|
10 10/11p
ordinary
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Purchase
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3,226
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2.6660 GBP
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10 10/11p
ordinary
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Purchase
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2,324
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2.6570 GBP
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10 10/11p
ordinary
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Purchase
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2,009
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2.6562 GBP
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10 10/11p
ordinary
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Purchase
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1,581
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2.6630 GBP
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10 10/11p
ordinary
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Purchase
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908
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2.6551 GBP
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10 10/11p
ordinary
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Sale
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330,879
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2.6574 GBP
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10 10/11p
ordinary
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Sale
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237,212
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2.6540 GBP
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10 10/11p
ordinary
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Sale
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200,560
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2.6564 GBP
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10 10/11p
ordinary
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Sale
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166,224
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2.6568 GBP
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10 10/11p
ordinary
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Sale
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100,083
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2.6560 GBP
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10 10/11p
ordinary
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Sale
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56,882
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2.6561 GBP
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10 10/11p
ordinary
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Sale
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36,098
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2.6588 GBP
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10 10/11p
ordinary
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Sale
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33,327
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2.6571 GBP
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10 10/11p
ordinary
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Sale
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30,328
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2.6575 GBP
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10 10/11p
ordinary
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Sale
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24,463
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2.6567 GBP
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10 10/11p
ordinary
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Sale
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20,228
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2.6570 GBP
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10 10/11p
ordinary
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Sale
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17,687
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2.6539 GBP
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10 10/11p
ordinary
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Sale
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14,560
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2.6558 GBP
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10 10/11p
ordinary
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Sale
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11,660
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2.6529 GBP
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10 10/11p
ordinary
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Sale
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4,103
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2.6537 GBP
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10 10/11p
ordinary
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Sale
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3,544
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2.6550 GBP
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10 10/11p
ordinary
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Sale
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3,254
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2.6577 GBP
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10 10/11p
ordinary
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Sale
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2,744
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2.6528 GBP
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10 10/11p
ordinary
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Sale
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2,203
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2.6599 GBP
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10 10/11p
ordinary
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Sale
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1,157
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2.6660 GBP
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10 10/11p
ordinary
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Sale
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984
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2.6600 GBP
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10 10/11p
ordinary
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Sale
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125
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2.6559 GBP
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10 10/11p
ordinary
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Sale
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70
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2.6585 GBP
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10 10/11p
ordinary
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Sale
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45
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2.6580 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10 10/11p
ordinary
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SWAP
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Increasing Short
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31,536
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2.6563 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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4,103
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2.6537 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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397
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2.6538 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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17,687
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2.6539 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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37,646
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2.6540 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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8,720
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2.6543 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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76,600
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2.6552 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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125
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2.6559 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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56,882
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2.6561 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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200,560
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2.6564 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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58,313
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2.6565 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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68,986
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2.6566 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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19,032
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2.6567 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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26,754
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2.6568 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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64,430
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2.6571 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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264,554
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2.6574 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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405
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2.6575 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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3,254
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2.6577 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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1,057
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2.6578 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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18,452
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2.6582 GBP
|
|
10 10/11p
ordinary
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SWAP
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Increasing Long
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70
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2.6585 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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35,687
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2.6588 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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411
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2.6589 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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2,203
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2.6599 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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308
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2.6520 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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28,693
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2.6540 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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908
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2.6551 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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43,112
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2.6552 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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94,253
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2.6567 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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46,836
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2.6568 GBP
|
|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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26,525
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2.6570 GBP
|
|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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40,306
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2.6606 GBP
|
|
10 10/11p
ordinary
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SWAP
|
Decreasing Long
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1,581
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2.6630 GBP
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|
10 10/11p
ordinary
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CFD
|
Increasing Short
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500,000
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2.6583 GBP
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|
10 10/11p
ordinary
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CFD
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Increasing Short
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13,655
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2.6615 GBP
|
|
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
|
Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
|
|
|
|
|
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|
|
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
|
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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|
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:
|
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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:
|
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NONE
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(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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|
Date of disclosure:
|
04 Feb 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
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