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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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19
Dec 2024
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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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9,659,030
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0.74%
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14,355,948
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1.09%
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(2)
Cash-settled derivatives:
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13,832,260
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1.05%
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7,508,976
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0.57%
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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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23,491,290
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1.79%
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21,864,924
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1.67%
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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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|
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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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164,510
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2.4240 GBP
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10 10/11p
ordinary
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Purchase
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137,663
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2.4238 GBP
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|
10 10/11p
ordinary
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Purchase
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97,685
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2.4239 GBP
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|
10 10/11p
ordinary
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Purchase
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77,825
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2.4158 GBP
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|
10 10/11p
ordinary
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Purchase
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43,620
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2.4172 GBP
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|
10 10/11p
ordinary
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Purchase
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26,902
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2.4206 GBP
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|
10 10/11p
ordinary
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Purchase
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18,400
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2.4143 GBP
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|
10 10/11p
ordinary
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Purchase
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6,802
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2.4123 GBP
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|
10 10/11p
ordinary
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Purchase
|
6,301
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2.4184 GBP
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|
10 10/11p
ordinary
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Purchase
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6,034
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2.4160 GBP
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|
10 10/11p
ordinary
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Purchase
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6,000
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2.4177 GBP
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|
10 10/11p
ordinary
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Purchase
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5,372
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2.4140 GBP
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|
10 10/11p
ordinary
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Purchase
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4,008
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2.4155 GBP
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|
10 10/11p
ordinary
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Purchase
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3,979
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2.4162 GBP
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|
10 10/11p
ordinary
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Purchase
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3,865
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2.4193 GBP
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|
10 10/11p
ordinary
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Purchase
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3,796
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2.4180 GBP
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|
10 10/11p
ordinary
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Purchase
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2,969
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2.4136 GBP
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|
10 10/11p
ordinary
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Purchase
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2,252
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2.4200 GBP
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|
10 10/11p
ordinary
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Purchase
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997
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2.4178 GBP
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|
10 10/11p
ordinary
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Purchase
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903
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2.4192 GBP
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|
10 10/11p
ordinary
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Purchase
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764
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2.4175 GBP
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ADR
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Purchase
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16
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11.9100 USD
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10 10/11p
ordinary
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Purchase
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9
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2.4153 GBP
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10 10/11p
ordinary
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Sale
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1,289,298
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2.4240 GBP
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10 10/11p
ordinary
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Sale
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418,230
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2.4222 GBP
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10 10/11p
ordinary
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Sale
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124,800
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2.4220 GBP
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10 10/11p
ordinary
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Sale
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102,086
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2.4149 GBP
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|
10 10/11p
ordinary
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Sale
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78,104
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2.4177 GBP
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|
10 10/11p
ordinary
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Sale
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45,876
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2.4145 GBP
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10 10/11p
ordinary
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Sale
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38,505
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2.4172 GBP
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|
10 10/11p
ordinary
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Sale
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17,336
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2.4138 GBP
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|
10 10/11p
ordinary
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Sale
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12,948
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2.4140 GBP
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10 10/11p
ordinary
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Sale
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12,080
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2.4163 GBP
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10 10/11p
ordinary
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Sale
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9,343
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2.4146 GBP
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|
10 10/11p
ordinary
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Sale
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9,080
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2.4239 GBP
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10 10/11p
ordinary
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Sale
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8,811
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2.4141 GBP
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10 10/11p
ordinary
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Sale
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5,896
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2.4153 GBP
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10 10/11p
ordinary
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Sale
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5,476
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2.4196 GBP
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10 10/11p
ordinary
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Sale
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4,817
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2.4144 GBP
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10 10/11p
ordinary
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Sale
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3,895
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2.4160 GBP
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10 10/11p
ordinary
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Sale
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3,827
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2.4161 GBP
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10 10/11p
ordinary
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Sale
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2,052
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2.4152 GBP
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10 10/11p
ordinary
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Sale
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813
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2.4120 GBP
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10 10/11p
ordinary
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Sale
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779
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2.4169 GBP
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10 10/11p
ordinary
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Sale
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760
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2.4100 GBP
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10 10/11p
ordinary
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Sale
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668
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2.4180 GBP
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10 10/11p
ordinary
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Sale
|
578
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2.4185 GBP
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ADR
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Sale
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16
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11.9100 USD
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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 Long
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2,347
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2.4132 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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5,000
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2.4137 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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1,096
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2.4138 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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45,876
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2.4145 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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102,086
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2.4149 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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12,673
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2.4155 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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38,165
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2.4159 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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38,051
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2.4182 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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578
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2.4185 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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5,476
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2.4196 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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124,800
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2.4220 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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12,929
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2.4230 GBP
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10 10/11p
ordinary
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SWAP
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Increasing Long
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201,777
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2.4239 GBP
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|
10 10/11p
ordinary
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SWAP
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Increasing Long
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115,406
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2.4240 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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6,802
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2.4123 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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3,250
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2.4153 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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588
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2.4155 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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659
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2.4160 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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274
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2.4161 GBP
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10 10/11p
ordinary
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SWAP
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Decreasing Long
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3,979
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2.4162 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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283
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2.4165 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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43,620
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2.4172 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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764
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2.4174 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
|
997
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2.4178 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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2,514
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2.4180 GBP
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|
10 10/11p
ordinary
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SWAP
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Decreasing Long
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903
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2.4192 GBP
|
|
10 10/11p
ordinary
|
SWAP
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Decreasing Long
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26,902
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2.4206 GBP
|
|
10 10/11p
ordinary
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SWAP
|
Decreasing Long
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19,631
|
2.4209 GBP
|
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
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134,175
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2.4235 GBP
|
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
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141,560
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2.4240 GBP
|
|
10 10/11p
ordinary
|
SWAP
|
Decreasing Long
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5
|
2.4243 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
|
Number
of
securities
to which
option
relates
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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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(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
|
Details
|
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
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|
(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:
|
20 Dec 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
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