Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

21 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:				20 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:			16,105,941	1.23%	9,529,620	0.73%
(2)	Cash-settled derivatives:
	and/or controlled:			4,961,842	0.38%	14,541,261	1.11%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,067,783	1.61%	24,070,881	1.84%
(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		289,462		2.1152  GBP
Ordinary 10 10/11p		Purchase		225,067		2.1310  GBP
Ordinary 10 10/11p		Purchase		199,890		2.1150  GBP
Ordinary 10 10/11p		Purchase		120,948		2.1148  GBP
Ordinary 10 10/11p		Purchase		104,546		2.1162  GBP
Ordinary 10 10/11p		Purchase		79,877		2.1210  GBP
Ordinary 10 10/11p		Purchase		75,921		2.1134  GBP
Ordinary 10 10/11p		Purchase		66,905		2.1142  GBP
Ordinary 10 10/11p		Purchase		49,504		2.1181  GBP
Ordinary 10 10/11p		Purchase		36,229		2.1214  GBP
Ordinary 10 10/11p		Purchase		23,171		2.1141  GBP
Ordinary 10 10/11p		Purchase		13,092		2.1201  GBP
Ordinary 10 10/11p		Purchase		12,742		2.1093  GBP
Ordinary 10 10/11p		Purchase		10,436		2.1120  GBP
Ordinary 10 10/11p		Purchase		9,972		2.1169  GBP
Ordinary 10 10/11p		Purchase		9,912		2.1282  GBP
Ordinary 10 10/11p		Purchase		9,556		2.1262  GBP
Ordinary 10 10/11p		Purchase		5,700		2.1053  GBP
Ordinary 10 10/11p		Purchase		3,417		2.1208  GBP
Ordinary 10 10/11p		Purchase		3,087		2.1173  GBP
Ordinary 10 10/11p		Purchase		1,556		2.1300  GBP
Ordinary 10 10/11p		Purchase		1,489		2.1050  GBP
Ordinary 10 10/11p		Purchase		1,307		2.1226  GBP
Ordinary 10 10/11p		Purchase		1,250		2.1225  GBP
ADR		Purchase		800		11.0000  USD
Ordinary 10 10/11p		Purchase		705		2.1161  GBP
Ordinary 10 10/11p		Purchase		573		2.1090  GBP
Ordinary 10 10/11p		Purchase		553		2.1085  GBP
Ordinary 10 10/11p		Purchase		58		2.1020  GBP
Ordinary 10 10/11p		Purchase		34		2.1063  GBP
Ordinary 10 10/11p		Purchase		8		2.1067  GBP
Ordinary 10 10/11p		Purchase		4		2.1100  GBP
Ordinary 10 10/11p		Sale		256,775		2.1155  GBP
Ordinary 10 10/11p		Sale		229,297		2.1151  GBP
Ordinary 10 10/11p		Sale		223,451		2.1310  GBP
Ordinary 10 10/11p		Sale		80,304		2.1210  GBP
Ordinary 10 10/11p		Sale		69,259		2.1150  GBP
Ordinary 10 10/11p		Sale		57,460		2.1152  GBP
Ordinary 10 10/11p		Sale		48,649		2.1267  GBP
Ordinary 10 10/11p		Sale		35,376		2.1153  GBP
Ordinary 10 10/11p		Sale		34,990		2.1145  GBP
Ordinary 10 10/11p		Sale		30,043		2.1148  GBP
Ordinary 10 10/11p		Sale		28,990		2.1113  GBP
Ordinary 10 10/11p		Sale		10,951		2.1100  GBP
Ordinary 10 10/11p		Sale		9,462		2.1065  GBP
Ordinary 10 10/11p		Sale		3,571		2.1269  GBP
Ordinary 10 10/11p		Sale		3,251		2.1097  GBP
Ordinary 10 10/11p		Sale		1,842		2.1167  GBP
Ordinary 10 10/11p		Sale		1,434		2.1070  GBP
Ordinary 10 10/11p		Sale		906		2.1075  GBP
ADR		Sale		800		11.0000  USD
Ordinary 10 10/11p		Sale		380		2.1090  GBP
Ordinary 10 10/11p		Sale		331		2.1050  GBP
Ordinary 10 10/11p		Sale		280		2.1080  GBP
Ordinary 10 10/11p		Sale		280		2.1101  GBP
Ordinary 10 10/11p		Sale		100		2.1230  GBP
Ordinary 10 10/11p		Sale		18		2.1170  GBP
Ordinary 10 10/11p		Sale		14		2.1192  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		168	2.1172  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,586	2.1169  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		3,417	2.1208  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		3,954	2.1168  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		9,556	2.1262  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		10,622	2.1139  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		10,998	2.1259  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		12,012	2.1161  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		29,784	2.1158  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		31,592	2.1211  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		36,229	2.1214  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		240,445	2.1150  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,842	2.1167  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		4,877	2.1300  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		5,767	2.1247  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		35,376	2.1153  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		42,882	2.1270  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		59,649	2.1150  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		6	2.1200  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		14	2.1189  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		280	2.1080  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,560	2.1259  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,235	2.1270  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,371	2.1094  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		10,943	2.1100  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		28,990	2.1113  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		34,990	2.1145  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		41,339	2.1150  GBP
Ordinary 10 10/11p		CFD		Increasing Short		800	2.1091  GBP
Ordinary 10 10/11p		CFD		Increasing Short		1,412	2.1150  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		1,838	2.1198  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		7,697	2.1131  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		10,412	2.1185  GBP
Ordinary 10 10/11p		CFD		Increasing Short		11,686	2.1137  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		13,861	2.1150  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		15,500	2.1204  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		55,974	2.1123  GBP
Ordinary 10 10/11p		SWAP		Opening Short		429	2.1151  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:				21 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END