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. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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(c) |
Name of offeror/offeree in relation to whose |
DIRECT LINE INSURANCE GROUP PLC |
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(d) |
If an exempt fund manager connected with an |
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(e) |
Date position held/dealing undertaken: |
01 May 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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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 |
(%) |
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(1) Relevant securities owned and/or controlled: |
39,383,409 |
3.00% |
6,079,584 |
0.46% |
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(2) Cash-settled derivatives: |
6,376,576 |
0.49% |
38,708,763 |
2.95% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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|
45,759,985 |
3.49% |
44,788,347 |
3.41% |
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(b) |
Rights to subscribe for new securities (including directors and |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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10 10/11p ordinary |
Purchase |
83,926 |
2.8486 GBP |
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10 10/11p ordinary |
Purchase |
27,540 |
2.8432 GBP |
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10 10/11p ordinary |
Purchase |
26,983 |
2.8468 GBP |
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10 10/11p ordinary |
Purchase |
25,689 |
2.8453 GBP |
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10 10/11p ordinary |
Purchase |
23,337 |
2.8454 GBP |
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10 10/11p ordinary |
Purchase |
21,300 |
2.8431 GBP |
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10 10/11p ordinary |
Purchase |
16,541 |
2.8423 GBP |
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10 10/11p ordinary |
Purchase |
14,825 |
2.8411 GBP |
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10 10/11p ordinary |
Purchase |
14,500 |
2.8412 GBP |
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10 10/11p ordinary |
Purchase |
11,700 |
2.8637 GBP |
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10 10/11p ordinary |
Purchase |
11,165 |
2.8451 GBP |
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10 10/11p ordinary |
Purchase |
9,158 |
2.8428 GBP |
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10 10/11p ordinary |
Purchase |
8,673 |
2.8445 GBP |
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10 10/11p ordinary |
Purchase |
6,835 |
2.8414 GBP |
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10 10/11p ordinary |
Purchase |
6,609 |
2.8446 GBP |
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10 10/11p ordinary |
Purchase |
6,073 |
2.8438 GBP |
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10 10/11p ordinary |
Purchase |
5,249 |
2.8488 GBP |
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10 10/11p ordinary |
Purchase |
4,907 |
2.8460 GBP |
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10 10/11p ordinary |
Purchase |
3,315 |
2.8470 GBP |
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10 10/11p ordinary |
Purchase |
2,442 |
2.8400 GBP |
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10 10/11p ordinary |
Purchase |
2,237 |
2.8480 GBP |
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10 10/11p ordinary |
Purchase |
1,072 |
2.8420 GBP |
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10 10/11p ordinary |
Purchase |
484 |
2.8660 GBP |
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10 10/11p ordinary |
Purchase |
298 |
2.8440 GBP |
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10 10/11p ordinary |
Sale |
91,212 |
2.8431 GBP |
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10 10/11p ordinary |
Sale |
45,391 |
2.8660 GBP |
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10 10/11p ordinary |
Sale |
31,134 |
2.8602 GBP |
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10 10/11p ordinary |
Sale |
18,564 |
2.8520 GBP |
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10 10/11p ordinary |
Sale |
5,959 |
2.8460 GBP |
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10 10/11p ordinary |
Sale |
2,636 |
2.8379 GBP |
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10 10/11p ordinary |
Sale |
2,237 |
2.8480 GBP |
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10 10/11p ordinary |
Sale |
1,658 |
2.8470 GBP |
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10 10/11p ordinary |
Sale |
1,072 |
2.8420 GBP |
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10 10/11p ordinary |
Sale |
400 |
2.8452 GBP |
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10 10/11p ordinary |
Sale |
376 |
2.8498 GBP |
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10 10/11p ordinary |
Sale |
298 |
2.8440 GBP |
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10 10/11p ordinary |
Sale |
88 |
2.8439 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
2,636 |
2.8379 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
88 |
2.8440 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
80 |
2.8451 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
320 |
2.8452 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
1,631 |
2.8500 GBP |
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10 10/11p ordinary |
SWAP |
Decreasing Short |
31,440 |
2.8660 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
14,825 |
2.8411 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
9,022 |
2.8414 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
21,300 |
2.8431 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
11,148 |
2.8436 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
372 |
2.8444 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
8,673 |
2.8445 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
25,689 |
2.8453 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
23,337 |
2.8454 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
27 |
2.8480 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
11,700 |
2.8637 GBP |
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10 10/11p ordinary |
SWAP |
Increasing Short |
108 |
2.8660 GBP |
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10 10/11p ordinary |
CFD |
Decreasing Short |
5,365 |
2.8325 GBP |
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10 10/11p ordinary |
CFD |
Increasing Short |
68,972 |
2.8432 GBP |
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(c) |
Stock-settled derivative transactions |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(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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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
02 May 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
2025-05-02 15:57:51