Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

15 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:				14 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:			15,045,901	1.15%	15,888,723	1.21%
(2)	Cash-settled derivatives:
	and/or controlled:			6,673,571	0.51%	13,436,446	1.02%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,719,472	1.66%	29,325,169	2.24%
(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		573,673		2.1106  GBP
Ordinary 10 10/11p		Purchase		556,734		2.0900  GBP
Ordinary 10 10/11p		Purchase		243,601		2.1486  GBP
Ordinary 10 10/11p		Purchase		187,476		2.1292  GBP
Ordinary 10 10/11p		Purchase		124,673		2.0995  GBP
Ordinary 10 10/11p		Purchase		102,860		2.1040  GBP
Ordinary 10 10/11p		Purchase		72,477		2.0897  GBP
Ordinary 10 10/11p		Purchase		65,915		2.0679  GBP
Ordinary 10 10/11p		Purchase		55,895		2.0891  GBP
Ordinary 10 10/11p		Purchase		43,943		2.0849  GBP
Ordinary 10 10/11p		Purchase		42,509		2.0876  GBP
Ordinary 10 10/11p		Purchase		40,750		2.0755  GBP
Ordinary 10 10/11p		Purchase		37,800		2.0733  GBP
Ordinary 10 10/11p		Purchase		25,210		2.0908  GBP
Ordinary 10 10/11p		Purchase		21,283		2.0877  GBP
Ordinary 10 10/11p		Purchase		18,273		2.1162  GBP
Ordinary 10 10/11p		Purchase		13,138		2.0646  GBP
Ordinary 10 10/11p		Purchase		11,310		2.1084  GBP
Ordinary 10 10/11p		Purchase		7,500		2.0780  GBP
Ordinary 10 10/11p		Purchase		6,741		2.0950  GBP
Ordinary 10 10/11p		Purchase		5,867		2.1336  GBP
Ordinary 10 10/11p		Purchase		5,591		2.0590  GBP
Ordinary 10 10/11p		Purchase		5,395		2.0703  GBP
Ordinary 10 10/11p		Purchase		5,313		2.0745  GBP
Ordinary 10 10/11p		Purchase		5,254		2.0690  GBP
ADR		Purchase		4,400		10.5254  USD
Ordinary 10 10/11p		Purchase		4,017		2.0777  GBP
Ordinary 10 10/11p		Purchase		3,683		2.0773  GBP
Ordinary 10 10/11p		Purchase		2,707		2.1288  GBP
Ordinary 10 10/11p		Purchase		2,584		2.0866  GBP
Ordinary 10 10/11p		Purchase		2,390		2.0670  GBP
Ordinary 10 10/11p		Purchase		1,733		2.1202  GBP
ADR		Purchase		1,600		10.4600  USD
Ordinary 10 10/11p		Purchase		1,584		2.0730  GBP
Ordinary 10 10/11p		Purchase		1,283		2.0750  GBP
Ordinary 10 10/11p		Purchase		833		2.1765  GBP
Ordinary 10 10/11p		Purchase		180		2.1093  GBP
Ordinary 10 10/11p		Purchase		1		2.1730  GBP
Ordinary 10 10/11p		Sale		303,101		2.0900  GBP
Ordinary 10 10/11p		Sale		260,152		2.0899  GBP
Ordinary 10 10/11p		Sale		259,017		2.0928  GBP
Ordinary 10 10/11p		Sale		257,940		2.0925  GBP
Ordinary 10 10/11p		Sale		67,094		2.0941  GBP
Ordinary 10 10/11p		Sale		66,415		2.0657  GBP
Ordinary 10 10/11p		Sale		47,900		2.1804  GBP
Ordinary 10 10/11p		Sale		43,016		2.1870  GBP
Ordinary 10 10/11p		Sale		41,770		2.0948  GBP
Ordinary 10 10/11p		Sale		40,471		2.1590  GBP
Ordinary 10 10/11p		Sale		36,464		2.0817  GBP
Ordinary 10 10/11p		Sale		34,028		2.0646  GBP
Ordinary 10 10/11p		Sale		32,699		2.1293  GBP
Ordinary 10 10/11p		Sale		19,271		2.1006  GBP
Ordinary 10 10/11p		Sale		14,854		2.0716  GBP
Ordinary 10 10/11p		Sale		13,733		2.1461  GBP
Ordinary 10 10/11p		Sale		13,372		2.0666  GBP
Ordinary 10 10/11p		Sale		13,119		2.1037  GBP
Ordinary 10 10/11p		Sale		11,422		2.0696  GBP
Ordinary 10 10/11p		Sale		10,845		2.1746  GBP
Ordinary 10 10/11p		Sale		8,514		2.1591  GBP
Ordinary 10 10/11p		Sale		7,200		2.0644  GBP
Ordinary 10 10/11p		Sale		4,740		2.0989  GBP
Ordinary 10 10/11p		Sale		4,721		2.0780  GBP
Ordinary 10 10/11p		Sale		4,584		2.0637  GBP
ADR		Sale		4,400		10.5254  USD
Ordinary 10 10/11p		Sale		4,191		2.1960  GBP
Ordinary 10 10/11p		Sale		3,040		2.0938  GBP
Ordinary 10 10/11p		Sale		2,956		2.0610  GBP
Ordinary 10 10/11p		Sale		2,584		2.0868  GBP
Ordinary 10 10/11p		Sale		2,460		2.1209  GBP
Ordinary 10 10/11p		Sale		2,390		2.0672  GBP
Ordinary 10 10/11p		Sale		2,244		2.0600  GBP
Ordinary 10 10/11p		Sale		1,812		2.0750  GBP
Ordinary 10 10/11p		Sale		1,687		2.1575  GBP
Ordinary 10 10/11p		Sale		1,619		2.0810  GBP
ADR		Sale		1,600		10.4600  USD
Ordinary 10 10/11p		Sale		1,268		2.1492  GBP
Ordinary 10 10/11p		Sale		1,156		2.0665  GBP
Ordinary 10 10/11p		Sale		833		2.1765  GBP
Ordinary 10 10/11p		Sale		658		2.0477  GBP
Ordinary 10 10/11p		Sale		640		2.1974  GBP
Ordinary 10 10/11p		Sale		469		2.0612  GBP
Ordinary 10 10/11p		Sale		180		2.1095  GBP
Ordinary 10 10/11p		Sale		164		2.0719  GBP
Ordinary 10 10/11p		Sale		1		2.1730  GBP
Ordinary 10 10/11p		Sale		124		2.0888  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		3,021	2.0900  GBP
Ordinary 10 10/11p		SWAP		Closing Short		19,925	2.0898  GBP
Ordinary 10 10/11p		SWAP		Closing Short		41,770	2.0948  GBP
Ordinary 10 10/11p		SWAP		Closing Short		43,339	2.1588  GBP
Ordinary 10 10/11p		SWAP		Closing Short		50,000	2.1898  GBP
Ordinary 10 10/11p		SWAP		Closing Short		67,094	2.0941  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		20	2.1390  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		509	2.1800  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		917	2.1830  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,546	2.1468  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		4,001	2.1351  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		4,308	2.0900  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		4,321	2.1288  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		7,955	2.1489  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		10,478	2.1349  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		11,831	2.0873  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		18,787	2.1463  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		86,101	2.0937  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		89,880	2.1695  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		124,673	2.0995  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		573,673	2.1106  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,160	2.0853  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,792	2.0767  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,269	2.0900  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,374	2.0775  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		3,040	2.0938  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		5,990	2.0719  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		7,679	2.0842  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		10,429	2.1062  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		13,947	2.1929  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		43,016	2.1869  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		47,900	2.1804  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		51,586	2.0618  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		210,300	2.0899  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		164	2.0719  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		658	2.0477  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		704	2.0780  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,460	2.1209  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,615	2.0644  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,956	2.0610  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,674	2.0782  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,584	2.0637  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		5,680	2.1471  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		13,372	2.0666  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		14,854	2.0716  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		34,028	2.0646  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		36,464	2.0817  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		49,732	2.0916  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		49,852	2.0899  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		58,300	2.0900  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		148,086	2.0889  GBP
Ordinary 10 10/11p		CFD		Increasing Short		495	2.0588  GBP
Ordinary 10 10/11p		CFD		Increasing Short		871	2.0483  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		5,914	2.1300  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		12,421	2.1951  GBP
Ordinary 10 10/11p		CFD		Increasing Short		12,484	2.0799  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		15,300	2.0593  GBP
Ordinary 10 10/11p		CFD		Increasing Short		17,037	2.0732  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		37,800	2.0733  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		40,750	2.0757  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		54,301	2.1713  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		170,965	2.1387  GBP
Ordinary 10 10/11p		CFD		Increasing Short		433,998	2.0900  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:				15 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END