Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

08 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:				07 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:			16,392,445	1.25%	16,765,284	1.28%
(2)	Cash-settled derivatives:
	and/or controlled:			6,759,951	0.52%	14,846,492	1.13%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			23,152,396	1.77%	31,611,776	2.41%
(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		242,908		2.2083  GBP
Ordinary 10 10/11p		Purchase		104,194		2.1919  GBP
Ordinary 10 10/11p		Purchase		90,135		2.2050  GBP
Ordinary 10 10/11p		Purchase		70,298		2.1660  GBP
Ordinary 10 10/11p		Purchase		70,127		2.2118  GBP
Ordinary 10 10/11p		Purchase		61,078		2.2057  GBP
Ordinary 10 10/11p		Purchase		59,049		2.2087  GBP
Ordinary 10 10/11p		Purchase		57,721		2.2069  GBP
Ordinary 10 10/11p		Purchase		33,818		2.2053  GBP
Ordinary 10 10/11p		Purchase		27,540		2.1700  GBP
Ordinary 10 10/11p		Purchase		10,189		2.1918  GBP
Ordinary 10 10/11p		Purchase		10,000		2.2030  GBP
Ordinary 10 10/11p		Purchase		7,750		2.2000  GBP
Ordinary 10 10/11p		Purchase		7,720		2.1832  GBP
Ordinary 10 10/11p		Purchase		6,117		2.2010  GBP
Ordinary 10 10/11p		Purchase		2,632		2.2170  GBP
Ordinary 10 10/11p		Purchase		2,172		2.2160  GBP
Ordinary 10 10/11p		Purchase		2,100		2.1625  GBP
Ordinary 10 10/11p		Purchase		1,890		2.2102  GBP
Ordinary 10 10/11p		Purchase		1,831		2.2044  GBP
Ordinary 10 10/11p		Purchase		1,781		2.2130  GBP
Ordinary 10 10/11p		Purchase		1,717		2.2098  GBP
Ordinary 10 10/11p		Purchase		1,429		2.2179  GBP
Ordinary 10 10/11p		Purchase		1,208		2.2070  GBP
Ordinary 10 10/11p		Purchase		1,030		2.2100  GBP
Ordinary 10 10/11p		Purchase		800		2.2210  GBP
Ordinary 10 10/11p		Purchase		244		2.1980  GBP
Ordinary 10 10/11p		Purchase		3		2.2270  GBP
Ordinary 10 10/11p		Purchase		3		2.2060  GBP
Ordinary 10 10/11p		Purchase		2		2.2350  GBP
Ordinary 10 10/11p		Sale		230,369		2.1926  GBP
Ordinary 10 10/11p		Sale		226,633		2.2125  GBP
Ordinary 10 10/11p		Sale		221,724		2.2037  GBP
Ordinary 10 10/11p		Sale		171,715		2.2019  GBP
Ordinary 10 10/11p		Sale		170,582		2.2049  GBP
Ordinary 10 10/11p		Sale		166,001		2.2067  GBP
Ordinary 10 10/11p		Sale		129,537		2.2047  GBP
Ordinary 10 10/11p		Sale		83,083		2.2045  GBP
Ordinary 10 10/11p		Sale		79,527		2.2050  GBP
Ordinary 10 10/11p		Sale		68,881		2.2043  GBP
Ordinary 10 10/11p		Sale		41,943		2.2159  GBP
Ordinary 10 10/11p		Sale		40,176		2.1904  GBP
Ordinary 10 10/11p		Sale		39,755		2.2053  GBP
Ordinary 10 10/11p		Sale		30,360		2.2051  GBP
Ordinary 10 10/11p		Sale		29,181		2.1672  GBP
Ordinary 10 10/11p		Sale		27,209		2.2113  GBP
Ordinary 10 10/11p		Sale		20,850		2.1971  GBP
Ordinary 10 10/11p		Sale		17,460		2.1997  GBP
Ordinary 10 10/11p		Sale		16,294		2.2087  GBP
Ordinary 10 10/11p		Sale		13,879		2.1873  GBP
Ordinary 10 10/11p		Sale		12,821		2.1970  GBP
Ordinary 10 10/11p		Sale		11,678		2.1847  GBP
Ordinary 10 10/11p		Sale		10,477		2.2059  GBP
Ordinary 10 10/11p		Sale		4,855		2.2020  GBP
Ordinary 10 10/11p		Sale		4,327		2.2110  GBP
Ordinary 10 10/11p		Sale		4,068		2.2132  GBP
Ordinary 10 10/11p		Sale		4,007		2.2107  GBP
Ordinary 10 10/11p		Sale		3,795		2.1660  GBP
Ordinary 10 10/11p		Sale		2,656		2.2086  GBP
Ordinary 10 10/11p		Sale		2,524		2.2052  GBP
Ordinary 10 10/11p		Sale		2,172		2.2160  GBP
Ordinary 10 10/11p		Sale		1,781		2.2130  GBP
Ordinary 10 10/11p		Sale		1,667		2.1716  GBP
Ordinary 10 10/11p		Sale		1,514		2.1757  GBP
Ordinary 10 10/11p		Sale		1,208		2.2070  GBP
Ordinary 10 10/11p		Sale		1,154		2.1700  GBP
Ordinary 10 10/11p		Sale		1,030		2.2100  GBP
Ordinary 10 10/11p		Sale		919		2.1640  GBP
Ordinary 10 10/11p		Sale		572		2.2220  GBP
Ordinary 10 10/11p		Sale		340		2.2120  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		333	2.1655  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,429	2.2179  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,831	2.2044  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		106,360	2.1919  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		210,152	2.2090  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		3,795	2.1660  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		6,950	2.1927  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		11,044	2.2050  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		13,278	2.1836  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		13,434	2.2107  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		17,460	2.1997  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		17,460	2.1700  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		19,574	2.1882  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		20,000	2.2006  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		27,209	2.2113  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		29,100	2.2069  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		29,181	2.1672  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		29,600	2.2114  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		38,722	2.2057  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		71,280	2.2028  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		72,456	2.1738  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		125,061	2.2051  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		129,537	2.2047  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		170,582	2.2049  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		919	2.1640  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,667	2.1716  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,226	2.1908  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		6,919	2.1917  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		10,330	2.1934  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		26,870	2.2058  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		54,399	2.2050  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		83,083	2.2045  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		124,731	2.2047  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		166,001	2.2067  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		226,633	2.2125  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		20	2.2180  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		1,910	2.2051  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		8,496	2.1700  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		10,000	2.2032  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		50,553	2.2152  GBP
Ordinary 10 10/11p		CFD		Increasing Short		70,298	2.1660  GBP
Ordinary 10 10/11p		CFD		Increasing Short		76,750	2.2050  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:				08 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END