Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

04 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:				01 Mar 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:			18,019,984	1.37%	14,226,400	1.08%
(2)	Cash-settled derivatives:
	and/or controlled:			4,330,021	0.33%	16,446,340	1.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			22,350,005	1.70%	30,672,740	2.34%
(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		334,344		2.0692  GBP
Ordinary 10 10/11p		Purchase		273,545		2.0770  GBP
Ordinary 10 10/11p		Purchase		263,864		2.0764  GBP
Ordinary 10 10/11p		Purchase		250,000		2.0590  GBP
Ordinary 10 10/11p		Purchase		193,194		2.0611  GBP
Ordinary 10 10/11p		Purchase		157,369		2.0566  GBP
Ordinary 10 10/11p		Purchase		80,258		2.0629  GBP
Ordinary 10 10/11p		Purchase		67,000		2.0741  GBP
Ordinary 10 10/11p		Purchase		65,967		2.0771  GBP
Ordinary 10 10/11p		Purchase		37,743		2.0713  GBP
Ordinary 10 10/11p		Purchase		27,873		2.0803  GBP
Ordinary 10 10/11p		Purchase		25,704		2.0792  GBP
Ordinary 10 10/11p		Purchase		22,338		2.0694  GBP
Ordinary 10 10/11p		Purchase		20,808		2.0429  GBP
Ordinary 10 10/11p		Purchase		20,196		2.0710  GBP
Ordinary 10 10/11p		Purchase		20,196		2.0617  GBP
Ordinary 10 10/11p		Purchase		16,623		2.0580  GBP
Ordinary 10 10/11p		Purchase		11,736		2.0697  GBP
Ordinary 10 10/11p		Purchase		4,470		2.0834  GBP
Ordinary 10 10/11p		Purchase		3,835		2.0471  GBP
Ordinary 10 10/11p		Purchase		3,271		2.0780  GBP
Ordinary 10 10/11p		Purchase		1,902		2.0870  GBP
Ordinary 10 10/11p		Purchase		1,507		2.0454  GBP
Ordinary 10 10/11p		Purchase		1,433		2.0862  GBP
Ordinary 10 10/11p		Purchase		1,330		2.0860  GBP
Ordinary 10 10/11p		Purchase		1,000		2.0800  GBP
Ordinary 10 10/11p		Purchase		819		2.0464  GBP
Ordinary 10 10/11p		Purchase		613		2.0768  GBP
Ordinary 10 10/11p		Purchase		424		2.0824  GBP
Ordinary 10 10/11p		Purchase		252		2.0689  GBP
Ordinary 10 10/11p		Purchase		146		2.0810  GBP
Ordinary 10 10/11p		Purchase		110		2.0497  GBP
Ordinary 10 10/11p		Purchase		57		2.0758  GBP
Ordinary 10 10/11p		Purchase		43		2.0790  GBP
Ordinary 10 10/11p		Sale		377,477		2.0729  GBP
Ordinary 10 10/11p		Sale		141,254		2.0770  GBP
Ordinary 10 10/11p		Sale		125,059		2.0635  GBP
Ordinary 10 10/11p		Sale		119,061		2.0644  GBP
Ordinary 10 10/11p		Sale		115,927		2.0657  GBP
Ordinary 10 10/11p		Sale		113,148		2.0658  GBP
Ordinary 10 10/11p		Sale		109,690		2.0685  GBP
Ordinary 10 10/11p		Sale		97,591		2.0489  GBP
Ordinary 10 10/11p		Sale		76,117		2.0704  GBP
Ordinary 10 10/11p		Sale		67,960		2.0545  GBP
Ordinary 10 10/11p		Sale		64,328		2.0771  GBP
Ordinary 10 10/11p		Sale		56,350		2.0733  GBP
Ordinary 10 10/11p		Sale		43,437		2.0549  GBP
Ordinary 10 10/11p		Sale		38,419		2.0670  GBP
Ordinary 10 10/11p		Sale		37,077		2.0830  GBP
Ordinary 10 10/11p		Sale		26,790		2.0622  GBP
Ordinary 10 10/11p		Sale		16,617		2.0726  GBP
Ordinary 10 10/11p		Sale		16,608		2.0665  GBP
Ordinary 10 10/11p		Sale		13,746		2.0765  GBP
Ordinary 10 10/11p		Sale		13,192		2.0895  GBP
Ordinary 10 10/11p		Sale		12,804		2.0572  GBP
Ordinary 10 10/11p		Sale		9,924		2.0664  GBP
Ordinary 10 10/11p		Sale		6,396		2.0675  GBP
Ordinary 10 10/11p		Sale		6,268		2.0661  GBP
Ordinary 10 10/11p		Sale		5,919		2.0745  GBP
Ordinary 10 10/11p		Sale		4,611		2.0694  GBP
Ordinary 10 10/11p		Sale		2,677		2.0652  GBP
Ordinary 10 10/11p		Sale		2,288		2.0426  GBP
Ordinary 10 10/11p		Sale		1,532		2.0619  GBP
Ordinary 10 10/11p		Sale		1,115		2.0870  GBP
Ordinary 10 10/11p		Sale		413		2.0832  GBP
Ordinary 10 10/11p		Sale		252		2.0691  GBP
Ordinary 10 10/11p		Sale		110		2.0499  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 Short		1,655	2.0770  GBP
Ordinary 10 10/11p		SWAP		Closing Short		10,885	2.0768  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		129	2.0040  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		543	2.0240  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,039	2.0442  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,507	2.0454  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		24,169	2.0740  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		48,753	2.0770  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		98,013	2.0752  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		157,369	2.0566  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,732	2.0769  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,984	2.0849  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		4,149	2.0532  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		12,804	2.0710  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		12,804	2.0572  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		12,804	2.0617  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		13,192	2.0895  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		13,192	2.0429  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		13,746	2.0765  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		14,162	2.0694  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		16,296	2.0792  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		67,960	2.0545  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		97,591	2.0489  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		109,690	2.0685  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,557	2.0643  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,787	2.0656  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,758	2.0595  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		12,436	2.0616  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		22,576	2.0698  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		46,200	2.0757  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		51,826	2.0681  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		66,380	2.0634  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		67,480	2.0770  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		74,245	2.0659  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		76,117	2.0704  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		125,059	2.0636  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		161,341	2.0758  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		819	2.0464  GBP
Ordinary 10 10/11p		CFD		Increasing Short		1,770	2.0522  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		3,835	2.0471  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		4,911	2.0791  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		16,623	2.0580  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		28,573	2.0716  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		36,717	2.0787  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		43,541	2.0496  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		46,553	2.0770  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		54,638	2.0690  GBP
Ordinary 10 10/11p		CFD		Increasing Short		93,095	2.0770  GBP
Ordinary 10 10/11p		CFD		Increasing Short		128,311	2.0769  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		246,222	2.0688  GBP
Ordinary 10 10/11p		SWAP		Opening Short		250,000	2.0590  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:				04 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END