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: |
30 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: |
39,325,222 |
3.00% |
6,155,230 |
0.46% |
|||
(2) Cash-settled derivatives: |
6,448,253 |
0.49% |
38,626,827 |
2.95% |
|||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
|||
|
45,773,475 |
3.49% |
44,782,057 |
3.41% |
|||
(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 |
334,281 |
2.8301 GBP |
||||
10 10/11p ordinary |
Purchase |
196,462 |
2.8324 GBP |
||||
10 10/11p ordinary |
Purchase |
104,685 |
2.8300 GBP |
||||
10 10/11p ordinary |
Purchase |
86,190 |
2.8471 GBP |
||||
10 10/11p ordinary |
Purchase |
27,229 |
2.8294 GBP |
||||
10 10/11p ordinary |
Purchase |
20,937 |
2.8349 GBP |
||||
10 10/11p ordinary |
Purchase |
11,839 |
2.8345 GBP |
||||
10 10/11p ordinary |
Purchase |
9,411 |
2.8326 GBP |
||||
10 10/11p ordinary |
Purchase |
8,785 |
2.8411 GBP |
||||
10 10/11p ordinary |
Purchase |
8,539 |
2.8380 GBP |
||||
10 10/11p ordinary |
Purchase |
5,560 |
2.8292 GBP |
||||
10 10/11p ordinary |
Purchase |
4,111 |
2.8314 GBP |
||||
10 10/11p ordinary |
Purchase |
3,561 |
2.8360 GBP |
||||
10 10/11p ordinary |
Purchase |
3,184 |
2.8309 GBP |
||||
10 10/11p ordinary |
Purchase |
2,983 |
2.8319 GBP |
||||
10 10/11p ordinary |
Purchase |
2,554 |
2.8279 GBP |
||||
10 10/11p ordinary |
Purchase |
2,434 |
2.8320 GBP |
||||
10 10/11p ordinary |
Purchase |
2,358 |
2.8357 GBP |
||||
10 10/11p ordinary |
Purchase |
2,188 |
2.8355 GBP |
||||
10 10/11p ordinary |
Purchase |
2,125 |
2.8273 GBP |
||||
10 10/11p ordinary |
Purchase |
2,116 |
2.8304 GBP |
||||
10 10/11p ordinary |
Purchase |
2,018 |
2.8328 GBP |
||||
10 10/11p ordinary |
Purchase |
1,935 |
2.8327 GBP |
||||
10 10/11p ordinary |
Purchase |
1,740 |
2.8240 GBP |
||||
10 10/11p ordinary |
Purchase |
1,110 |
2.8337 GBP |
||||
10 10/11p ordinary |
Purchase |
606 |
2.8400 GBP |
||||
10 10/11p ordinary |
Purchase |
600 |
2.8333 GBP |
||||
10 10/11p ordinary |
Purchase |
535 |
2.8359 GBP |
||||
10 10/11p ordinary |
Purchase |
232 |
2.8347 GBP |
||||
10 10/11p ordinary |
Sale |
348,894 |
2.8300 GBP |
||||
10 10/11p ordinary |
Sale |
331,937 |
2.8301 GBP |
||||
10 10/11p ordinary |
Sale |
137,306 |
2.8406 GBP |
||||
10 10/11p ordinary |
Sale |
119,588 |
2.8303 GBP |
||||
10 10/11p ordinary |
Sale |
88,058 |
2.8282 GBP |
||||
10 10/11p ordinary |
Sale |
31,030 |
2.8323 GBP |
||||
10 10/11p ordinary |
Sale |
4,869 |
2.8294 GBP |
||||
10 10/11p ordinary |
Sale |
4,091 |
2.8286 GBP |
||||
10 10/11p ordinary |
Sale |
2,983 |
2.8319 GBP |
||||
10 10/11p ordinary |
Sale |
2,958 |
2.8331 GBP |
||||
10 10/11p ordinary |
Sale |
2,672 |
2.8322 GBP |
||||
10 10/11p ordinary |
Sale |
2,053 |
2.8310 GBP |
||||
10 10/11p ordinary |
Sale |
1,651 |
2.8180 GBP |
||||
10 10/11p ordinary |
Sale |
1,378 |
2.8299 GBP |
||||
10 10/11p ordinary |
Sale |
1,315 |
2.8360 GBP |
||||
10 10/11p ordinary |
Sale |
1,148 |
2.8540 GBP |
||||
10 10/11p ordinary |
Sale |
738 |
2.8380 GBP |
||||
10 10/11p ordinary |
Sale |
689 |
2.8240 GBP |
||||
10 10/11p ordinary |
Sale |
606 |
2.8400 GBP |
||||
10 10/11p ordinary |
Sale |
180 |
2.8320 GBP |
||||
10 10/11p ordinary |
Sale |
61 |
2.8261 GBP |
||||
10 10/11p ordinary |
Sale |
32 |
2.8352 GBP |
||||
(b) |
Cash-settled derivative transactions |
||||||
Class of |
Product description |
Nature of dealing |
Number of |
Price per |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
8,807 |
2.8273 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
17,344 |
2.8277 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
4,869 |
2.8294 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
5,658 |
2.8297 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
1,378 |
2.8299 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
100,538 |
2.8300 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
53,525 |
2.8303 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
2,053 |
2.8310 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
31,030 |
2.8323 GBP |
|||
10 10/11p ordinary |
SWAP |
Decreasing Short |
1,106 |
2.8361 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
2,554 |
2.8279 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
27,229 |
2.8294 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
86,009 |
2.8300 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
25,010 |
2.8304 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
31,324 |
2.8309 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
460 |
2.8311 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
722 |
2.8326 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
600 |
2.8333 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
16,585 |
2.8349 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
2,358 |
2.8357 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
300 |
2.8360 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
1,286 |
2.8408 GBP |
|||
10 10/11p ordinary |
SWAP |
Increasing Short |
6,577 |
2.8412 GBP |
|||
10 10/11p ordinary |
CFD |
Decreasing Short |
30,755 |
2.8257 GBP |
|||
10 10/11p ordinary |
CFD |
Decreasing Short |
1,148 |
2.8279 GBP |
|||
10 10/11p ordinary |
CFD |
Decreasing Short |
18,740 |
2.8300 GBP |
|||
10 10/11p ordinary |
CFD |
Increasing Short |
2,116 |
2.8304 GBP |
|||
10 10/11p ordinary |
CFD |
Increasing Short |
2,983 |
2.8319 GBP |
|||
10 10/11p ordinary |
CFD |
Increasing Short |
33,860 |
2.8361 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: |
01 May 2025 |
||||||
Contact name: |
Large Holdings Regulatory Operations |
||||||
Telephone number: |
020 3134 7213 |
2025-05-01 14:40:45