Form 8.3 - Direct Line Insurance Group Replacement

Barclays PLC

13 December 2024

 

FORM 8.3 - Amendment to 2a and 3a Replaces form Released at 12/12/2024 14:43 RNS Number : 9121P
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:			11 Dec 2024
(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:				10,665,045	0.81%	14,399,933	1.09%
(2) Cash-settled derivatives:				15,166,074	1.16%	8,020,130	0.61%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,831,119	1.97%	22,420,063	1.70%
Class of relevant security:				Restricted Tier 1 Note XS1728036366
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				200,000	0.06%	0	0.00%
(2) Cash-settled derivatives:				0	0.00%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				200,000	0.06%	0	0.00%
(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	700,000	2.4836  GBP
10 10/11p ordinary	Purchase	333,184	2.4834  GBP
10 10/11p ordinary	Purchase	300,000	2.4865  GBP
10 10/11p ordinary	Purchase	144,490	2.4701  GBP
10 10/11p ordinary	Purchase	129,640	2.4700  GBP
10 10/11p ordinary	Purchase	106,736	2.4720  GBP
10 10/11p ordinary	Purchase	27,965	2.4747  GBP
10 10/11p ordinary	Purchase	22,703	2.4743  GBP
10 10/11p ordinary	Purchase	13,765	2.4761  GBP
10 10/11p ordinary	Purchase	10,621	2.4746  GBP
10 10/11p ordinary	Purchase	6,966	2.4806  GBP
10 10/11p ordinary	Purchase	4,276	2.4816  GBP
10 10/11p ordinary	Purchase	4,190	2.4828  GBP
10 10/11p ordinary	Purchase	4,112	2.4860  GBP
10 10/11p ordinary	Purchase	3,948	2.4819  GBP
10 10/11p ordinary	Purchase	3,908	2.4857  GBP
10 10/11p ordinary	Purchase	2,888	2.4766  GBP
10 10/11p ordinary	Purchase	2,493	2.4667  GBP
10 10/11p ordinary	Purchase	2,014	2.4817  GBP
10 10/11p ordinary	Purchase	1,627	2.4845  GBP
10 10/11p ordinary	Purchase	1,286	2.4880  GBP
10 10/11p ordinary	Purchase	1,204	2.4855  GBP
10 10/11p ordinary	Purchase	871	2.4870  GBP
10 10/11p ordinary	Purchase	856	2.4810  GBP
10 10/11p ordinary	Purchase	785	2.4760  GBP
10 10/11p ordinary	Purchase	535	2.4800  GBP
10 10/11p ordinary	Purchase	406	2.4820  GBP
10 10/11p ordinary	Purchase	247	2.4740  GBP
10 10/11p ordinary	Sale	1,500,000	2.4782  GBP
10 10/11p ordinary	Sale	328,806	2.4831  GBP
10 10/11p ordinary	Sale	200,000	2.4877  GBP
10 10/11p ordinary	Sale	121,906	2.4700  GBP
10 10/11p ordinary	Sale	113,344	2.4823  GBP
10 10/11p ordinary	Sale	107,560	2.4850  GBP
10 10/11p ordinary	Sale	104,390	2.4734  GBP
10 10/11p ordinary	Sale	79,353	2.4775  GBP
10 10/11p ordinary	Sale	56,966	2.4770  GBP
10 10/11p ordinary	Sale	56,145	2.4757  GBP
10 10/11p ordinary	Sale	43,569	2.4790  GBP
10 10/11p ordinary	Sale	41,903	2.4791  GBP
10 10/11p ordinary	Sale	38,950	2.4837  GBP
10 10/11p ordinary	Sale	35,586	2.4806  GBP
10 10/11p ordinary	Sale	31,364	2.4739  GBP
10 10/11p ordinary	Sale	29,422	2.4821  GBP
10 10/11p ordinary	Sale	18,525	2.4835  GBP
10 10/11p ordinary	Sale	17,700	2.4818  GBP
10 10/11p ordinary	Sale	15,987	2.4825  GBP
10 10/11p ordinary	Sale	15,746	2.4838  GBP
10 10/11p ordinary	Sale	13,388	2.4836  GBP
10 10/11p ordinary	Sale	13,248	2.4745  GBP
10 10/11p ordinary	Sale	12,510	2.4860  GBP
10 10/11p ordinary	Sale	10,984	2.4727  GBP
10 10/11p ordinary	Sale	10,303	2.4768  GBP
10 10/11p ordinary	Sale	10,091	2.4813  GBP
10 10/11p ordinary	Sale	9,250	2.4828  GBP
10 10/11p ordinary	Sale	8,280	2.4822  GBP
10 10/11p ordinary	Sale	8,073	2.4808  GBP
10 10/11p ordinary	Sale	5,782	2.4726  GBP
10 10/11p ordinary	Sale	5,034	2.4829  GBP
10 10/11p ordinary	Sale	3,848	2.4756  GBP
10 10/11p ordinary	Sale	3,329	2.4833  GBP
10 10/11p ordinary	Sale	2,837	2.4820  GBP
10 10/11p ordinary	Sale	1,616	2.4800  GBP
10 10/11p ordinary	Sale	1,158	2.4830  GBP
10 10/11p ordinary	Sale	1,157	2.4729  GBP
10 10/11p ordinary	Sale	1,060	2.4769  GBP
10 10/11p ordinary	Sale	592	2.4840  GBP
10 10/11p ordinary	Sale	239	2.4697  GBP
10 10/11p ordinary	Sale	220	2.4827  GBP
10 10/11p ordinary	Sale	116	2.4853  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	Increasing Long	239	2.4698  GBP
10 10/11p ordinary	SWAP	Increasing Long	27,801	2.4700  GBP
10 10/11p ordinary	SWAP	Increasing Long	5,782	2.4726  GBP
10 10/11p ordinary	SWAP	Increasing Long	10,984	2.4727  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,157	2.4729  GBP
10 10/11p ordinary	SWAP	Increasing Long	20,935	2.4739  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,868	2.4740  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,646	2.4746  GBP
10 10/11p ordinary	SWAP	Increasing Long	3,848	2.4756  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,174	2.4762  GBP
10 10/11p ordinary	SWAP	Increasing Long	18,478	2.4763  GBP
10 10/11p ordinary	SWAP	Increasing Long	56,966	2.4770  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,079	2.4776  GBP
10 10/11p ordinary	SWAP	Increasing Long	1,500,000	2.4782  GBP
10 10/11p ordinary	SWAP	Increasing Long	31,388	2.4789  GBP
10 10/11p ordinary	SWAP	Increasing Long	43,043	2.4790  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,798	2.4813  GBP
10 10/11p ordinary	SWAP	Increasing Long	293	2.4814  GBP
10 10/11p ordinary	SWAP	Increasing Long	6,019	2.4817  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,700	2.4818  GBP
10 10/11p ordinary	SWAP	Increasing Long	15,987	2.4825  GBP
10 10/11p ordinary	SWAP	Increasing Long	9,250	2.4828  GBP
10 10/11p ordinary	SWAP	Increasing Long	328,806	2.4831  GBP
10 10/11p ordinary	SWAP	Increasing Long	402	2.4834  GBP
10 10/11p ordinary	SWAP	Increasing Long	17,404	2.4838  GBP
10 10/11p ordinary	SWAP	Increasing Long	200,000	2.4877  GBP
10 10/11p ordinary	SWAP	Decreasing Long	141	2.4560  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,493	2.4667  GBP
10 10/11p ordinary	SWAP	Decreasing Long	107,521	2.4700  GBP
10 10/11p ordinary	SWAP	Decreasing Long	29,000	2.4704  GBP
10 10/11p ordinary	SWAP	Decreasing Long	22,703	2.4743  GBP
10 10/11p ordinary	SWAP	Decreasing Long	10,621	2.4746  GBP
10 10/11p ordinary	SWAP	Decreasing Long	27,965	2.4747  GBP
10 10/11p ordinary	SWAP	Decreasing Long	3,013	2.4761  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,944	2.4805  GBP
10 10/11p ordinary	SWAP	Decreasing Long	2,014	2.4817  GBP
10 10/11p ordinary	SWAP	Decreasing Long	602	2.4820  GBP
10 10/11p ordinary	SWAP	Decreasing Long	700,000	2.4836  GBP
10 10/11p ordinary	SWAP	Decreasing Long	300,000	2.4865  GBP
10 10/11p ordinary	CFD	Decreasing Short	12,760	2.4732  GBP
10 10/11p ordinary	CFD	Decreasing Short	47,060	2.4809  GBP
10 10/11p ordinary	CFD	Increasing Short	6,494	2.4701  GBP
10 10/11p ordinary	CFD	Increasing Short	6,380	2.4732  GBP
10 10/11p ordinary	CFD	Increasing Short	1,542	2.4880  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:				13 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END