Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

05 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:				04 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:			17,950,304	1.37%	14,343,719	1.09%
(2)	Cash-settled derivatives:
	and/or controlled:			4,480,850	0.34%	16,429,551	1.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			22,431,154	1.71%	30,773,270	2.35%
(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		367,116		2.0980  GBP
Ordinary 10 10/11p		Purchase		311,316		2.1072  GBP
Ordinary 10 10/11p		Purchase		134,191		2.1281  GBP
Ordinary 10 10/11p		Purchase		90,134		2.1198  GBP
Ordinary 10 10/11p		Purchase		70,485		2.1048  GBP
Ordinary 10 10/11p		Purchase		26,213		2.1257  GBP
Ordinary 10 10/11p		Purchase		19,586		2.1562  GBP
Ordinary 10 10/11p		Purchase		18,690		2.1077  GBP
Ordinary 10 10/11p		Purchase		18,682		2.1182  GBP
Ordinary 10 10/11p		Purchase		17,138		2.0979  GBP
Ordinary 10 10/11p		Purchase		13,434		2.1448  GBP
Ordinary 10 10/11p		Purchase		12,803		2.1515  GBP
Ordinary 10 10/11p		Purchase		12,140		2.1406  GBP
Ordinary 10 10/11p		Purchase		10,828		2.1105  GBP
Ordinary 10 10/11p		Purchase		10,000		2.0973  GBP
Ordinary 10 10/11p		Purchase		8,423		2.1275  GBP
Ordinary 10 10/11p		Purchase		6,053		2.1091  GBP
Ordinary 10 10/11p		Purchase		5,931		2.1326  GBP
Ordinary 10 10/11p		Purchase		5,471		2.1480  GBP
Ordinary 10 10/11p		Purchase		2,277		2.0985  GBP
Ordinary 10 10/11p		Purchase		2,109		2.1293  GBP
Ordinary 10 10/11p		Purchase		1,750		2.1420  GBP
Ordinary 10 10/11p		Purchase		1,335		2.1080  GBP
Ordinary 10 10/11p		Purchase		1,299		2.1490  GBP
Ordinary 10 10/11p		Purchase		1,282		2.0965  GBP
Ordinary 10 10/11p		Purchase		1,221		2.1150  GBP
Ordinary 10 10/11p		Purchase		1,179		2.1070  GBP
Ordinary 10 10/11p		Purchase		587		2.1330  GBP
Ordinary 10 10/11p		Purchase		239		2.1200  GBP
Ordinary 10 10/11p		Purchase		238		2.1240  GBP
Ordinary 10 10/11p		Purchase		61		2.1290  GBP
Ordinary 10 10/11p		Purchase		27		2.1220  GBP
Ordinary 10 10/11p		Purchase		25		2.1280  GBP
Ordinary 10 10/11p		Purchase		23		2.1160  GBP
Ordinary 10 10/11p		Purchase		17		2.1390  GBP
Ordinary 10 10/11p		Purchase		2		2.1380  GBP
Ordinary 10 10/11p		Purchase		1		2.1260  GBP
Ordinary 10 10/11p		Purchase		1		2.1000  GBP
Ordinary 10 10/11p		Sale		175,403		2.1212  GBP
Ordinary 10 10/11p		Sale		155,211		2.0980  GBP
Ordinary 10 10/11p		Sale		123,288		2.0990  GBP
Ordinary 10 10/11p		Sale		114,889		2.1255  GBP
Ordinary 10 10/11p		Sale		112,323		2.0979  GBP
Ordinary 10 10/11p		Sale		81,930		2.0987  GBP
Ordinary 10 10/11p		Sale		57,034		2.1372  GBP
Ordinary 10 10/11p		Sale		56,798		2.1210  GBP
Ordinary 10 10/11p		Sale		49,904		2.1211  GBP
Ordinary 10 10/11p		Sale		46,847		2.1266  GBP
Ordinary 10 10/11p		Sale		46,204		2.1079  GBP
Ordinary 10 10/11p		Sale		40,018		2.1218  GBP
Ordinary 10 10/11p		Sale		36,934		2.0986  GBP
Ordinary 10 10/11p		Sale		32,421		2.1391  GBP
Ordinary 10 10/11p		Sale		25,878		2.1460  GBP
Ordinary 10 10/11p		Sale		23,768		2.1439  GBP
Ordinary 10 10/11p		Sale		23,110		2.1313  GBP
Ordinary 10 10/11p		Sale		22,306		2.1295  GBP
Ordinary 10 10/11p		Sale		20,235		2.1440  GBP
Ordinary 10 10/11p		Sale		20,000		2.1345  GBP
Ordinary 10 10/11p		Sale		18,313		2.1405  GBP
Ordinary 10 10/11p		Sale		18,143		2.1298  GBP
Ordinary 10 10/11p		Sale		8,783		2.1163  GBP
Ordinary 10 10/11p		Sale		7,831		2.1348  GBP
Ordinary 10 10/11p		Sale		6,781		2.1435  GBP
Ordinary 10 10/11p		Sale		6,426		2.1499  GBP
Ordinary 10 10/11p		Sale		5,471		2.1480  GBP
Ordinary 10 10/11p		Sale		3,623		2.1101  GBP
Ordinary 10 10/11p		Sale		2,945		2.1090  GBP
Ordinary 10 10/11p		Sale		2,535		2.1165  GBP
Ordinary 10 10/11p		Sale		2,190		2.0920  GBP
Ordinary 10 10/11p		Sale		1,623		2.1070  GBP
Ordinary 10 10/11p		Sale		1,519		2.1033  GBP
Ordinary 10 10/11p		Sale		1,500		2.1481  GBP
Ordinary 10 10/11p		Sale		1,299		2.1490  GBP
Ordinary 10 10/11p		Sale		1,282		2.0965  GBP
Ordinary 10 10/11p		Sale		1,221		2.1150  GBP
Ordinary 10 10/11p		Sale		990		2.0985  GBP
Ordinary 10 10/11p		Sale		841		2.1025  GBP
Ordinary 10 10/11p		Sale		472		2.1106  GBP
Ordinary 10 10/11p		Sale		380		2.1407  GBP
Ordinary 10 10/11p		Sale		239		2.1200  GBP
Ordinary 10 10/11p		Sale		238		2.1240  GBP
Ordinary 10 10/11p		Sale		61		2.1290  GBP
Ordinary 10 10/11p		Sale		27		2.1220  GBP
Ordinary 10 10/11p		Sale		25		2.1280  GBP
Ordinary 10 10/11p		Sale		23		2.1160  GBP
Ordinary 10 10/11p		Sale		17		2.1390  GBP
Ordinary 10 10/11p		Sale		2		2.1380  GBP
Ordinary 10 10/11p		Sale		1		2.1260  GBP
Ordinary 10 10/11p		Sale		1		2.1000  GBP
Ordinary 10 10/11p		Sale		117		2.0974  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		Decreasing Long		500	2.1100  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		587	2.1330  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		617	2.0922  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		879	2.0760  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,750	2.1420  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		4,072	2.0820  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		18,682	2.1182  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		88,756	2.0980  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		144,805	2.1194  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,519	2.1033  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		6,426	2.1499  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		7,450	2.1127  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		8,041	2.1423  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		11,199	2.1330  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		12,418	2.1562  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		18,143	2.1298  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		32,502	2.1083  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		37,000	2.1170  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		40,018	2.1218  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		55,816	2.0980  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		76,438	2.1432  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		100,000	2.1498  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		112,323	2.0979  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		209	2.0900  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,998	2.1112  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		7,076	2.1113  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		36,160	2.1287  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		43,748	2.1201  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		49,904	2.1211  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		113,730	2.0980  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		114,889	2.1255  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		4,161	2.1123  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		4,442	2.0965  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		5,805	2.1026  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		8,042	2.1018  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		24,570	2.1186  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		30,260	2.1161  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		51,717	2.1250  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		76,438	2.1499  GBP
Ordinary 10 10/11p		CFD		Increasing Short		91,666	2.0980  GBP
Ordinary 10 10/11p		CFD		Increasing Short		102,958	2.0979  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		170,546	2.0980  GBP
Ordinary 10 10/11p		SWAP		Opening Long		36,934	2.0986  GBP
Ordinary 10 10/11p		SWAP		Opening Long		81,930	2.0987  GBP
Ordinary 10 10/11p		SWAP		Opening Short		10,000	2.0973  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:				05 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END