Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

20 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:				19 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:			16,109,772	1.23%	9,763,008	0.74%
(2)	Cash-settled derivatives:
	and/or controlled:			5,228,477	0.40%	14,572,045	1.11%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,338,249	1.63%	24,335,053	1.86%
(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		292,934		2.1147  GBP
Ordinary 10 10/11p		Purchase		259,175		2.0835  GBP
Ordinary 10 10/11p		Purchase		187,570		2.0842  GBP
Ordinary 10 10/11p		Purchase		91,747		2.0941  GBP
Ordinary 10 10/11p		Purchase		69,750		2.1168  GBP
Ordinary 10 10/11p		Purchase		52,822		2.1170  GBP
Ordinary 10 10/11p		Purchase		51,721		2.1142  GBP
Ordinary 10 10/11p		Purchase		45,293		2.0815  GBP
Ordinary 10 10/11p		Purchase		40,561		2.0894  GBP
Ordinary 10 10/11p		Purchase		36,593		2.0958  GBP
Ordinary 10 10/11p		Purchase		34,293		2.0769  GBP
Ordinary 10 10/11p		Purchase		33,373		2.1059  GBP
Ordinary 10 10/11p		Purchase		33,001		2.0915  GBP
Ordinary 10 10/11p		Purchase		24,183		2.0866  GBP
Ordinary 10 10/11p		Purchase		19,949		2.0854  GBP
Ordinary 10 10/11p		Purchase		15,890		2.1100  GBP
Ordinary 10 10/11p		Purchase		15,587		2.0868  GBP
Ordinary 10 10/11p		Purchase		11,363		2.0788  GBP
Ordinary 10 10/11p		Purchase		10,096		2.0886  GBP
Ordinary 10 10/11p		Purchase		9,920		2.0948  GBP
Ordinary 10 10/11p		Purchase		7,798		2.0980  GBP
Ordinary 10 10/11p		Purchase		5,094		2.0849  GBP
Ordinary 10 10/11p		Purchase		4,690		2.0800  GBP
Ordinary 10 10/11p		Purchase		4,375		2.0725  GBP
Ordinary 10 10/11p		Purchase		4,194		2.0828  GBP
Ordinary 10 10/11p		Purchase		4,160		2.0740  GBP
Ordinary 10 10/11p		Purchase		4,108		2.0851  GBP
Ordinary 10 10/11p		Purchase		3,397		2.0819  GBP
Ordinary 10 10/11p		Purchase		2,877		2.1015  GBP
Ordinary 10 10/11p		Purchase		2,700		2.1038  GBP
Ordinary 10 10/11p		Purchase		2,376		2.0837  GBP
Ordinary 10 10/11p		Purchase		2,158		2.0872  GBP
Ordinary 10 10/11p		Purchase		1,830		2.0910  GBP
Ordinary 10 10/11p		Purchase		1,777		2.0810  GBP
Ordinary 10 10/11p		Purchase		1,679		2.0780  GBP
Ordinary 10 10/11p		Purchase		1,527		2.0907  GBP
Ordinary 10 10/11p		Purchase		1,506		2.0730  GBP
Ordinary 10 10/11p		Purchase		1,331		2.1110  GBP
Ordinary 10 10/11p		Purchase		983		2.1140  GBP
Ordinary 10 10/11p		Purchase		706		2.0880  GBP
Ordinary 10 10/11p		Purchase		511		2.0930  GBP
Ordinary 10 10/11p		Purchase		375		2.0917  GBP
Ordinary 10 10/11p		Purchase		297		2.0950  GBP
Ordinary 10 10/11p		Purchase		251		2.0890  GBP
Ordinary 10 10/11p		Purchase		228		2.0792  GBP
Ordinary 10 10/11p		Purchase		147		2.0830  GBP
Ordinary 10 10/11p		Purchase		94		2.0795  GBP
Ordinary 10 10/11p		Purchase		35		2.0870  GBP
Ordinary 10 10/11p		Purchase		17		2.0940  GBP
Ordinary 10 10/11p		Purchase		14		2.0787  GBP
Ordinary 10 10/11p		Purchase		5		2.1163  GBP
Ordinary 10 10/11p		Purchase		5		2.1150  GBP
Ordinary 10 10/11p		Purchase		5		2.0790  GBP
Ordinary 10 10/11p		Sale		599,259		2.0990  GBP
Ordinary 10 10/11p		Sale		140,291		2.1156  GBP
Ordinary 10 10/11p		Sale		114,235		2.1158  GBP
Ordinary 10 10/11p		Sale		95,242		2.0803  GBP
Ordinary 10 10/11p		Sale		69,742		2.1170  GBP
Ordinary 10 10/11p		Sale		55,000		2.1103  GBP
Ordinary 10 10/11p		Sale		44,644		2.0755  GBP
Ordinary 10 10/11p		Sale		37,573		2.0976  GBP
Ordinary 10 10/11p		Sale		36,593		2.0960  GBP
Ordinary 10 10/11p		Sale		35,137		2.0793  GBP
Ordinary 10 10/11p		Sale		33,373		2.1062  GBP
Ordinary 10 10/11p		Sale		28,380		2.0991  GBP
Ordinary 10 10/11p		Sale		23,692		2.1165  GBP
Ordinary 10 10/11p		Sale		23,004		2.0904  GBP
Ordinary 10 10/11p		Sale		22,716		2.0765  GBP
Ordinary 10 10/11p		Sale		21,954		2.0855  GBP
Ordinary 10 10/11p		Sale		18,992		2.0967  GBP
Ordinary 10 10/11p		Sale		17,975		2.0727  GBP
Ordinary 10 10/11p		Sale		11,499		2.0779  GBP
Ordinary 10 10/11p		Sale		10,525		2.0790  GBP
Ordinary 10 10/11p		Sale		10,096		2.0888  GBP
Ordinary 10 10/11p		Sale		5,539		2.0798  GBP
Ordinary 10 10/11p		Sale		4,800		2.1168  GBP
Ordinary 10 10/11p		Sale		4,582		2.1111  GBP
Ordinary 10 10/11p		Sale		4,312		2.0820  GBP
Ordinary 10 10/11p		Sale		4,033		2.1004  GBP
Ordinary 10 10/11p		Sale		3,657		2.0968  GBP
Ordinary 10 10/11p		Sale		3,488		2.0780  GBP
Ordinary 10 10/11p		Sale		3,316		2.0951  GBP
Ordinary 10 10/11p		Sale		2,779		2.0889  GBP
Ordinary 10 10/11p		Sale		2,715		2.0836  GBP
Ordinary 10 10/11p		Sale		2,544		2.0845  GBP
Ordinary 10 10/11p		Sale		2,111		2.0837  GBP
Ordinary 10 10/11p		Sale		1,777		2.0810  GBP
Ordinary 10 10/11p		Sale		1,533		2.0909  GBP
Ordinary 10 10/11p		Sale		1,382		2.0910  GBP
Ordinary 10 10/11p		Sale		1,148		2.0740  GBP
Ordinary 10 10/11p		Sale		1,007		2.0770  GBP
Ordinary 10 10/11p		Sale		983		2.1140  GBP
Ordinary 10 10/11p		Sale		946		2.0879  GBP
Ordinary 10 10/11p		Sale		706		2.0880  GBP
Ordinary 10 10/11p		Sale		603		2.0872  GBP
Ordinary 10 10/11p		Sale		522		2.0985  GBP
Ordinary 10 10/11p		Sale		511		2.0930  GBP
Ordinary 10 10/11p		Sale		297		2.0950  GBP
Ordinary 10 10/11p		Sale		163		2.0812  GBP
Ordinary 10 10/11p		Sale		147		2.0830  GBP
Ordinary 10 10/11p		Sale		17		2.0940  GBP
Ordinary 10 10/11p		Sale		6		2.0980  GBP
Ordinary 10 10/11p		Sale		5		2.1150  GBP
Ordinary 10 10/11p		Sale		1		2.1100  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		251	2.0890  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		2,150	2.0859  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		2,813	2.1170  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		5,094	2.0849  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		5,512	2.0857  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		35,688	2.0850  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		40,561	2.0894  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		70,839	2.0831  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		129	2.1083  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,982	2.0821  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		3,838	2.1112  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		4,019	2.1170  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		4,800	2.1168  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		18,992	2.0967  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		23,004	2.0904  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		35,137	2.0793  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		37,387	2.0994  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		55,000	2.1103  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		57,000	2.0758  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,669	2.0840  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,872	2.0790  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,989	2.1082  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,715	2.0836  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,582	2.1111  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,625	2.0810  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		13,296	2.1170  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		23,692	2.1165  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		97,321	2.1170  GBP
Ordinary 10 10/11p		CFD		Increasing Short		94	2.0795  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		567	2.1170  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		2,700	2.1038  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		2,877	2.1015  GBP
Ordinary 10 10/11p		CFD		Increasing Short		4,854	2.0993  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		11,267	2.0727  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		14,012	2.0836  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		20,835	2.0835  GBP
Ordinary 10 10/11p		CFD		Increasing Short		23,088	2.1170  GBP
Ordinary 10 10/11p		CFD		Increasing Short		24,183	2.0866  GBP
Ordinary 10 10/11p		CFD		Increasing Short		33,001	2.0915  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:				20 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END