Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

18 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:				15 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:			15,757,636	1.20%	10,380,337	0.79%
(2)	Cash-settled derivatives:
	and/or controlled:			5,865,963	0.45%	14,211,099	1.08%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,623,599	1.65%	24,591,436	1.88%
(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		4,749,736		2.0710  GBP
Ordinary 10 10/11p		Purchase		669,542		2.1312  GBP
Ordinary 10 10/11p		Purchase		584,241		2.1164  GBP
Ordinary 10 10/11p		Purchase		519,657		2.0892  GBP
Ordinary 10 10/11p		Purchase		216,940		2.0921  GBP
Ordinary 10 10/11p		Purchase		189,026		2.0852  GBP
Ordinary 10 10/11p		Purchase		188,737		2.0988  GBP
Ordinary 10 10/11p		Purchase		159,147		2.1183  GBP
Ordinary 10 10/11p		Purchase		113,145		2.0865  GBP
Ordinary 10 10/11p		Purchase		100,682		2.0830  GBP
Ordinary 10 10/11p		Purchase		75,400		2.0798  GBP
Ordinary 10 10/11p		Purchase		47,505		2.0818  GBP
Ordinary 10 10/11p		Purchase		40,627		2.1416  GBP
Ordinary 10 10/11p		Purchase		39,998		2.0819  GBP
Ordinary 10 10/11p		Purchase		27,950		2.1465  GBP
Ordinary 10 10/11p		Purchase		26,600		2.1487  GBP
Ordinary 10 10/11p		Purchase		20,644		2.0808  GBP
Ordinary 10 10/11p		Purchase		15,191		2.0825  GBP
Ordinary 10 10/11p		Purchase		13,845		2.1063  GBP
Ordinary 10 10/11p		Purchase		11,450		2.0800  GBP
Ordinary 10 10/11p		Purchase		10,332		2.0834  GBP
Ordinary 10 10/11p		Purchase		5,602		2.0754  GBP
Ordinary 10 10/11p		Purchase		5,426		2.1377  GBP
Ordinary 10 10/11p		Purchase		4,410		2.0686  GBP
ADR		Purchase		3,800		10.6280  USD
Ordinary 10 10/11p		Purchase		3,126		2.0828  GBP
Ordinary 10 10/11p		Purchase		3,037		2.1634  GBP
Ordinary 10 10/11p		Purchase		2,517		2.0914  GBP
Ordinary 10 10/11p		Purchase		2,363		2.0714  GBP
ADR		Purchase		1,880		10.5142  USD
Ordinary 10 10/11p		Purchase		1,854		2.0790  GBP
Ordinary 10 10/11p		Purchase		1,831		2.1082  GBP
Ordinary 10 10/11p		Purchase		1,782		2.1074  GBP
Ordinary 10 10/11p		Purchase		1,769		2.1148  GBP
Ordinary 10 10/11p		Purchase		1,728		2.0780  GBP
Ordinary 10 10/11p		Purchase		1,527		2.0592  GBP
Ordinary 10 10/11p		Purchase		1,401		2.1234  GBP
Ordinary 10 10/11p		Purchase		1,356		2.1000  GBP
Ordinary 10 10/11p		Purchase		1,304		2.0778  GBP
Ordinary 10 10/11p		Purchase		800		2.0815  GBP
Ordinary 10 10/11p		Purchase		663		2.1270  GBP
Ordinary 10 10/11p		Purchase		484		2.0605  GBP
Ordinary 10 10/11p		Purchase		381		2.1500  GBP
Ordinary 10 10/11p		Purchase		332		2.0680  GBP
Ordinary 10 10/11p		Purchase		247		2.0520  GBP
Ordinary 10 10/11p		Purchase		111		2.0570  GBP
Ordinary 10 10/11p		Purchase		3		2.1550  GBP
Ordinary 10 10/11p		Sale		509,642		2.1151  GBP
Ordinary 10 10/11p		Sale		296,050		2.0830  GBP
Ordinary 10 10/11p		Sale		113,145		2.0865  GBP
Ordinary 10 10/11p		Sale		90,740		2.1078  GBP
Ordinary 10 10/11p		Sale		87,662		2.1070  GBP
Ordinary 10 10/11p		Sale		81,897		2.1040  GBP
Ordinary 10 10/11p		Sale		61,235		2.1093  GBP
Ordinary 10 10/11p		Sale		47,063		2.1211  GBP
Ordinary 10 10/11p		Sale		37,530		2.0840  GBP
Ordinary 10 10/11p		Sale		31,115		2.0750  GBP
Ordinary 10 10/11p		Sale		28,534		2.1087  GBP
Ordinary 10 10/11p		Sale		28,200		2.1417  GBP
Ordinary 10 10/11p		Sale		26,764		2.1192  GBP
Ordinary 10 10/11p		Sale		20,617		2.0971  GBP
Ordinary 10 10/11p		Sale		16,487		2.0752  GBP
Ordinary 10 10/11p		Sale		15,080		2.1147  GBP
Ordinary 10 10/11p		Sale		10,488		2.0788  GBP
Ordinary 10 10/11p		Sale		9,426		2.0911  GBP
Ordinary 10 10/11p		Sale		8,944		2.1023  GBP
Ordinary 10 10/11p		Sale		8,143		2.1372  GBP
Ordinary 10 10/11p		Sale		7,157		2.0871  GBP
Ordinary 10 10/11p		Sale		7,071		2.1329  GBP
Ordinary 10 10/11p		Sale		6,009		2.0825  GBP
Ordinary 10 10/11p		Sale		4,501		2.1496  GBP
Ordinary 10 10/11p		Sale		4,401		2.1420  GBP
Ordinary 10 10/11p		Sale		4,362		2.1348  GBP
Ordinary 10 10/11p		Sale		4,287		2.1554  GBP
ADR		Sale		3,800		10.6280  USD
Ordinary 10 10/11p		Sale		3,637		2.1062  GBP
Ordinary 10 10/11p		Sale		3,325		2.1224  GBP
Ordinary 10 10/11p		Sale		3,028		2.0770  GBP
Ordinary 10 10/11p		Sale		3,024		2.0795  GBP
Ordinary 10 10/11p		Sale		2,712		2.1000  GBP
Ordinary 10 10/11p		Sale		2,183		2.0800  GBP
Ordinary 10 10/11p		Sale		1,900		2.1470  GBP
ADR		Sale		1,880		10.5142  USD
Ordinary 10 10/11p		Sale		1,854		2.0790  GBP
Ordinary 10 10/11p		Sale		1,782		2.1076  GBP
Ordinary 10 10/11p		Sale		1,728		2.0780  GBP
Ordinary 10 10/11p		Sale		1,666		2.0900  GBP
Ordinary 10 10/11p		Sale		900		2.0913  GBP
Ordinary 10 10/11p		Sale		663		2.1270  GBP
Ordinary 10 10/11p		Sale		657		2.0892  GBP
Ordinary 10 10/11p		Sale		624		2.1230  GBP
Ordinary 10 10/11p		Sale		331		2.1400  GBP
Ordinary 10 10/11p		Sale		237		2.1380  GBP
Ordinary 10 10/11p		Sale		24		2.0880  GBP
Ordinary 10 10/11p		Sale		3		2.1552  GBP
Ordinary 10 10/11p		Sale		81		2.0818  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		1,028	2.1100  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		5,791	2.1189  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		8,403	2.1580  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		9,376	2.1203  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		14,688	2.1194  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		26,146	2.1245  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		63,127	2.1224  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		72,153	2.0938  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		82,368	2.0830  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		216,940	2.0921  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		376,196	2.1323  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		519,657	2.0892  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		113	2.0900  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		350	2.0758  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		859	2.0961  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,530	2.0775  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,873	2.1634  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		5,295	2.1543  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		10,745	2.0901  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		16,400	2.1487  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		28,200	2.1417  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		56,209	2.0830  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		130,841	2.0829  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,900	2.1470  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		6,009	2.0825  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		10,491	2.1024  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		15,080	2.1147  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		47,063	2.1211  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		209,244	2.0830  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		298,478	2.1377  GBP
Ordinary 10 10/11p		CFD		Increasing Short		760	2.1211  GBP
Ordinary 10 10/11p		CFD		Increasing Short		3,040	2.0837  GBP
Ordinary 10 10/11p		CFD		Increasing Short		9,508	2.0719  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		14,061	2.1286  GBP
Ordinary 10 10/11p		CFD		Increasing Short		23,104	2.0830  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		37,000	2.1482  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		37,682	2.1324  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		43,200	2.0843  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		47,830	2.0830  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		75,400	2.0798  GBP
Ordinary 10 10/11p		CFD		Increasing Short		113,145	2.0865  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		251,783	2.1382  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		366,016	2.1264  GBP
Ordinary 10 10/11p		SWAP		Opening Short		129	2.1350  GBP
Ordinary 10 10/11p		SWAP		Opening Short		4,410	2.0686  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:				18 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END