Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

13 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:				12 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:			15,394,976	1.17%	16,608,532	1.27%
(2)	Cash-settled derivatives:
	and/or controlled:			7,538,198	0.57%	13,805,954	1.05%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			22,933,174	1.75%	30,414,486	2.32%
(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		189,896		2.2626  GBP
Ordinary 10 10/11p		Purchase		131,345		2.2580  GBP
Ordinary 10 10/11p		Purchase		90,019		2.2512  GBP
Ordinary 10 10/11p		Purchase		75,005		2.2590  GBP
Ordinary 10 10/11p		Purchase		60,732		2.2687  GBP
Ordinary 10 10/11p		Purchase		36,320		2.2496  GBP
Ordinary 10 10/11p		Purchase		33,029		2.2439  GBP
Ordinary 10 10/11p		Purchase		31,104		2.2463  GBP
Ordinary 10 10/11p		Purchase		27,218		2.2442  GBP
Ordinary 10 10/11p		Purchase		25,741		2.2437  GBP
Ordinary 10 10/11p		Purchase		19,833		2.2475  GBP
Ordinary 10 10/11p		Purchase		16,869		2.2412  GBP
Ordinary 10 10/11p		Purchase		13,885		2.2625  GBP
Ordinary 10 10/11p		Purchase		13,628		2.2527  GBP
Ordinary 10 10/11p		Purchase		9,500		2.2345  GBP
Ordinary 10 10/11p		Purchase		8,513		2.2498  GBP
ADR		Purchase		5,760		11.4579  USD
Ordinary 10 10/11p		Purchase		5,132		2.2540  GBP
Ordinary 10 10/11p		Purchase		4,769		2.2468  GBP
Ordinary 10 10/11p		Purchase		4,347		2.2630  GBP
Ordinary 10 10/11p		Purchase		4,334		2.2435  GBP
Ordinary 10 10/11p		Purchase		3,929		2.2443  GBP
Ordinary 10 10/11p		Purchase		3,855		2.2457  GBP
Ordinary 10 10/11p		Purchase		3,786		2.2600  GBP
Ordinary 10 10/11p		Purchase		3,123		2.2461  GBP
Ordinary 10 10/11p		Purchase		2,597		2.2477  GBP
Ordinary 10 10/11p		Purchase		2,433		2.2570  GBP
Ordinary 10 10/11p		Purchase		1,926		2.2460  GBP
Ordinary 10 10/11p		Purchase		1,825		2.2280  GBP
Ordinary 10 10/11p		Purchase		1,783		2.2436  GBP
Ordinary 10 10/11p		Purchase		1,604		2.2577  GBP
Ordinary 10 10/11p		Purchase		1,509		2.2377  GBP
Ordinary 10 10/11p		Purchase		1,399		2.2610  GBP
Ordinary 10 10/11p		Purchase		1,274		2.2585  GBP
Ordinary 10 10/11p		Purchase		772		2.2528  GBP
Ordinary 10 10/11p		Purchase		722		2.2587  GBP
Ordinary 10 10/11p		Purchase		574		2.2337  GBP
Ordinary 10 10/11p		Purchase		22		2.2480  GBP
Ordinary 10 10/11p		Sale		283,014		2.2553  GBP
Ordinary 10 10/11p		Sale		101,876		2.2465  GBP
Ordinary 10 10/11p		Sale		75,000		2.2658  GBP
Ordinary 10 10/11p		Sale		71,263		2.2524  GBP
Ordinary 10 10/11p		Sale		69,417		2.2364  GBP
Ordinary 10 10/11p		Sale		60,685		2.2688  GBP
Ordinary 10 10/11p		Sale		54,127		2.2408  GBP
Ordinary 10 10/11p		Sale		53,609		2.2528  GBP
Ordinary 10 10/11p		Sale		41,594		2.2495  GBP
Ordinary 10 10/11p		Sale		41,066		2.2385  GBP
Ordinary 10 10/11p		Sale		35,623		2.2463  GBP
Ordinary 10 10/11p		Sale		34,768		2.2411  GBP
Ordinary 10 10/11p		Sale		34,701		2.2523  GBP
Ordinary 10 10/11p		Sale		25,042		2.2588  GBP
Ordinary 10 10/11p		Sale		17,442		2.2575  GBP
Ordinary 10 10/11p		Sale		17,207		2.2580  GBP
Ordinary 10 10/11p		Sale		16,225		2.2519  GBP
Ordinary 10 10/11p		Sale		16,030		2.2579  GBP
Ordinary 10 10/11p		Sale		15,269		2.2434  GBP
Ordinary 10 10/11p		Sale		13,984		2.2573  GBP
Ordinary 10 10/11p		Sale		13,383		2.2610  GBP
Ordinary 10 10/11p		Sale		11,001		2.2597  GBP
Ordinary 10 10/11p		Sale		7,581		2.2592  GBP
Ordinary 10 10/11p		Sale		7,313		2.2630  GBP
Ordinary 10 10/11p		Sale		6,349		2.2477  GBP
Ordinary 10 10/11p		Sale		6,132		2.2547  GBP
ADR		Sale		5,760		11.4579  USD
Ordinary 10 10/11p		Sale		5,667		2.2460  GBP
Ordinary 10 10/11p		Sale		5,132		2.2542  GBP
Ordinary 10 10/11p		Sale		4,347		2.2632  GBP
Ordinary 10 10/11p		Sale		3,862		2.2459  GBP
Ordinary 10 10/11p		Sale		3,841		2.2570  GBP
Ordinary 10 10/11p		Sale		3,786		2.2600  GBP
Ordinary 10 10/11p		Sale		3,341		2.2474  GBP
Ordinary 10 10/11p		Sale		3,209		2.2426  GBP
Ordinary 10 10/11p		Sale		2,994		2.2590  GBP
Ordinary 10 10/11p		Sale		1,825		2.2280  GBP
Ordinary 10 10/11p		Sale		1,728		2.2320  GBP
Ordinary 10 10/11p		Sale		1,130		2.2431  GBP
Ordinary 10 10/11p		Sale		913		2.2494  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		7	2.2459  GBP
Ordinary 10 10/11p		SWAP		Closing Short		619	2.2337  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		971	2.2450  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		14,391	2.2481  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		25,741	2.2437  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		46,540	2.2579  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		50,894	2.2451  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		446	2.2587  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		834	2.2492  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		913	2.2494  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,608	2.2471  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,800	2.2453  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,929	2.2461  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		3,605	2.2544  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		4,562	2.2385  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		7,581	2.2592  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		8,701	2.2485  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		10,414	2.2579  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		13,984	2.2573  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		14,426	2.2579  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		16,095	2.2364  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		16,782	2.2442  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		19,575	2.2397  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		25,042	2.2588  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		28,100	2.2488  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		41,737	2.2625  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		54,127	2.2408  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		71,263	2.2524  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		476	2.2330  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,728	2.2320  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		6,243	2.2429  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		9,849	2.2444  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		15,269	2.2434  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		17,442	2.2575  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		66,967	2.2419  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		69,417	2.2364  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		110,840	2.2580  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		122,211	2.2579  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		647	2.2581  GBP
Ordinary 10 10/11p		CFD		Increasing Short		1,825	2.2280  GBP
Ordinary 10 10/11p		CFD		Increasing Short		2,832	2.2452  GBP
Ordinary 10 10/11p		CFD		Increasing Short		131,218	2.2579  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:				13 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END