Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

01 March 2024

 

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
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				DIRECT LINE INSURANCE GROUP PLC
	relevant securities this form relates:
(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:				29 Feb 2024
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				AGEAS SA/NV
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:				Ordinary 10 10/11p
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			17,562,249	1.34%	13,954,419	1.06%
(2)	Cash-settled derivatives:
	and/or controlled:			3,946,781	0.30%	15,893,068	1.21%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,509,030	1.64%	29,847,487	2.28%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
Ordinary 10 10/11p		Purchase		1,808,580		2.0202  GBP
Ordinary 10 10/11p		Purchase		451,208		2.0425  GBP
Ordinary 10 10/11p		Purchase		446,041		2.0220  GBP
Ordinary 10 10/11p		Purchase		325,075		2.0192  GBP
Ordinary 10 10/11p		Purchase		322,811		2.0307  GBP
Ordinary 10 10/11p		Purchase		171,992		2.0200  GBP
Ordinary 10 10/11p		Purchase		163,631		2.0198  GBP
Ordinary 10 10/11p		Purchase		153,066		2.0242  GBP
Ordinary 10 10/11p		Purchase		110,358		2.0312  GBP
Ordinary 10 10/11p		Purchase		107,740		2.0223  GBP
Ordinary 10 10/11p		Purchase		99,328		2.0274  GBP
Ordinary 10 10/11p		Purchase		70,988		2.0305  GBP
Ordinary 10 10/11p		Purchase		70,933		2.0298  GBP
Ordinary 10 10/11p		Purchase		53,712		2.0417  GBP
Ordinary 10 10/11p		Purchase		52,623		2.0350  GBP
Ordinary 10 10/11p		Purchase		50,593		2.0329  GBP
Ordinary 10 10/11p		Purchase		48,000		2.0265  GBP
Ordinary 10 10/11p		Purchase		43,322		2.0482  GBP
Ordinary 10 10/11p		Purchase		35,280		2.0429  GBP
Ordinary 10 10/11p		Purchase		12,205		2.0408  GBP
Ordinary 10 10/11p		Purchase		11,683		2.0249  GBP
Ordinary 10 10/11p		Purchase		10,797		2.0256  GBP
Ordinary 10 10/11p		Purchase		10,688		2.0309  GBP
Ordinary 10 10/11p		Purchase		7,502		2.0401  GBP
Ordinary 10 10/11p		Purchase		5,145		2.0193  GBP
Ordinary 10 10/11p		Purchase		5,070		2.0316  GBP
Ordinary 10 10/11p		Purchase		4,312		2.0446  GBP
Ordinary 10 10/11p		Purchase		3,803		2.0377  GBP
Ordinary 10 10/11p		Purchase		3,171		2.0234  GBP
Ordinary 10 10/11p		Purchase		3,000		2.0330  GBP
Ordinary 10 10/11p		Purchase		2,528		2.0283  GBP
Ordinary 10 10/11p		Purchase		2,373		2.0510  GBP
Ordinary 10 10/11p		Purchase		2,191		2.0229  GBP
Ordinary 10 10/11p		Purchase		1,889		2.0385  GBP
Ordinary 10 10/11p		Purchase		1,797		2.0168  GBP
Ordinary 10 10/11p		Purchase		1,292		2.0400  GBP
Ordinary 10 10/11p		Purchase		1,213		2.0189  GBP
Ordinary 10 10/11p		Purchase		1,213		2.0190  GBP
Ordinary 10 10/11p		Purchase		1,175		2.0284  GBP
Ordinary 10 10/11p		Purchase		1,055		2.0090  GBP
Ordinary 10 10/11p		Purchase		1,017		2.0160  GBP
Ordinary 10 10/11p		Purchase		1,013		2.0080  GBP
Ordinary 10 10/11p		Purchase		991		2.0370  GBP
Ordinary 10 10/11p		Purchase		979		2.0475  GBP
Ordinary 10 10/11p		Purchase		367		2.0247  GBP
Ordinary 10 10/11p		Purchase		130		2.0310  GBP
Ordinary 10 10/11p		Purchase		37		2.0356  GBP
Ordinary 10 10/11p		Purchase		14		2.0240  GBP
Ordinary 10 10/11p		Purchase		8		2.0387  GBP
Ordinary 10 10/11p		Sale		1,153,049		2.0341  GBP
Ordinary 10 10/11p		Sale		583,208		2.0198  GBP
Ordinary 10 10/11p		Sale		391,688		2.0250  GBP
Ordinary 10 10/11p		Sale		136,096		2.0490  GBP
Ordinary 10 10/11p		Sale		96,296		2.0211  GBP
Ordinary 10 10/11p		Sale		95,845		2.0264  GBP
Ordinary 10 10/11p		Sale		80,765		2.0356  GBP
Ordinary 10 10/11p		Sale		78,381		2.0368  GBP
Ordinary 10 10/11p		Sale		77,070		2.0420  GBP
Ordinary 10 10/11p		Sale		57,298		2.0363  GBP
Ordinary 10 10/11p		Sale		54,355		2.0226  GBP
Ordinary 10 10/11p		Sale		48,902		2.0199  GBP
Ordinary 10 10/11p		Sale		47,684		2.0297  GBP
Ordinary 10 10/11p		Sale		41,740		2.0402  GBP
Ordinary 10 10/11p		Sale		31,780		2.0271  GBP
Ordinary 10 10/11p		Sale		29,757		2.0305  GBP
Ordinary 10 10/11p		Sale		28,260		2.0158  GBP
Ordinary 10 10/11p		Sale		22,250		2.0355  GBP
Ordinary 10 10/11p		Sale		20,373		2.0319  GBP
Ordinary 10 10/11p		Sale		17,885		2.0435  GBP
Ordinary 10 10/11p		Sale		15,478		2.0221  GBP
Ordinary 10 10/11p		Sale		12,234		2.0352  GBP
Ordinary 10 10/11p		Sale		12,218		2.0322  GBP
Ordinary 10 10/11p		Sale		12,050		2.0249  GBP
Ordinary 10 10/11p		Sale		9,359		2.0092  GBP
Ordinary 10 10/11p		Sale		7,326		2.0325  GBP
Ordinary 10 10/11p		Sale		6,084		2.0407  GBP
Ordinary 10 10/11p		Sale		4,936		2.0287  GBP
Ordinary 10 10/11p		Sale		4,892		2.0208  GBP
Ordinary 10 10/11p		Sale		4,129		2.0112  GBP
Ordinary 10 10/11p		Sale		3,748		2.0130  GBP
Ordinary 10 10/11p		Sale		2,689		2.0261  GBP
Ordinary 10 10/11p		Sale		1,896		2.0242  GBP
Ordinary 10 10/11p		Sale		1,889		2.0385  GBP
Ordinary 10 10/11p		Sale		1,827		2.0380  GBP
Ordinary 10 10/11p		Sale		1,797		2.0170  GBP
Ordinary 10 10/11p		Sale		1,213		2.0190  GBP
Ordinary 10 10/11p		Sale		1,121		2.0365  GBP
Ordinary 10 10/11p		Sale		1,055		2.0090  GBP
Ordinary 10 10/11p		Sale		1,034		2.0330  GBP
Ordinary 10 10/11p		Sale		1,026		2.0110  GBP
Ordinary 10 10/11p		Sale		1,017		2.0162  GBP
Ordinary 10 10/11p		Sale		1,013		2.0082  GBP
Ordinary 10 10/11p		Sale		1,013		2.0360  GBP
Ordinary 10 10/11p		Sale		991		2.0370  GBP
Ordinary 10 10/11p		Sale		955		2.0150  GBP
Ordinary 10 10/11p		Sale		689		2.0552  GBP
Ordinary 10 10/11p		Sale		130		2.0310  GBP
Ordinary 10 10/11p		Sale		130		2.0200  GBP
Ordinary 10 10/11p		Sale		37		2.0358  GBP
Ordinary 10 10/11p		Sale		8		2.0390  GBP
Ordinary 10 10/11p		Sale		1		2.0400  GBP
Ordinary 10 10/11p		Sale		1		2.0188  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
Ordinary 10 10/11p		SWAP		Closing Long		4,645	2.0199  GBP
Ordinary 10 10/11p		SWAP		Closing Long		5,780	2.0329  GBP
Ordinary 10 10/11p		SWAP		Closing Long		6,438	2.0317  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		749	2.0406  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,175	2.0284  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,952	2.0307  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		2,783	2.0418  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		4,047	2.0417  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		14,149	2.0463  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		64,955	2.0280  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		153,066	2.0242  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		179,049	2.0214  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,622,067	2.0200  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		249	2.0555  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		440	2.0552  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,896	2.0242  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,400	2.0342  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		6,084	2.0407  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		7,326	2.0325  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		11,944	2.0201  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		12,500	2.0319  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		25,335	2.0417  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		31,780	2.0271  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		38,389	2.0489  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		44,257	2.0199  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		54,355	2.0226  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		61,166	2.0200  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		80,765	2.0356  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		133,167	2.0490  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		163,008	2.0198  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		363	2.0348  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,827	2.0380  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,651	2.0425  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,892	2.0208  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		12,544	2.0404  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		18,751	2.0344  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		24,049	2.0343  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		28,833	2.0401  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		29,757	2.0305  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		36,179	2.0223  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		56,404	2.0252  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		78,381	2.0368  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		146,164	2.0302  GBP
Ordinary 10 10/11p		CFD		Increasing Short		11,683	2.0249  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		48,000	2.0265  GBP
Ordinary 10 10/11p		CFD		Increasing Short		110,358	2.0312  GBP
Ordinary 10 10/11p		CFD		Increasing Short		117,761	2.0200  GBP
Ordinary 10 10/11p		SWAP		Opening Short		2,915	2.0249  GBP
Ordinary 10 10/11p		SWAP		Opening Short		7,927	2.0491  GBP
Ordinary 10 10/11p		SWAP		Opening Short		45,719	2.0247  GBP
Ordinary 10 10/11p		SWAP		Opening Short		264,298	2.0313  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				01 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END