Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

22 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:				21 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:			16,102,811	1.23%	9,786,891	0.75%
(2)	Cash-settled derivatives:
	and/or controlled:			5,168,240	0.39%	14,666,339	1.12%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,271,051	1.62%	24,453,230	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		376,986		2.1203  GBP
Ordinary 10 10/11p		Purchase		172,576		2.1201  GBP
Ordinary 10 10/11p		Purchase		143,406		2.1171  GBP
Ordinary 10 10/11p		Purchase		134,027		2.1339  GBP
Ordinary 10 10/11p		Purchase		90,500		2.1251  GBP
Ordinary 10 10/11p		Purchase		88,464		2.1407  GBP
Ordinary 10 10/11p		Purchase		65,567		2.1194  GBP
Ordinary 10 10/11p		Purchase		55,172		2.1355  GBP
Ordinary 10 10/11p		Purchase		53,715		2.1101  GBP
Ordinary 10 10/11p		Purchase		50,927		2.1307  GBP
Ordinary 10 10/11p		Purchase		50,586		2.1519  GBP
Ordinary 10 10/11p		Purchase		47,641		2.1187  GBP
Ordinary 10 10/11p		Purchase		44,277		2.1170  GBP
Ordinary 10 10/11p		Purchase		44,262		2.1195  GBP
Ordinary 10 10/11p		Purchase		33,792		2.1333  GBP
Ordinary 10 10/11p		Purchase		29,141		2.1166  GBP
Ordinary 10 10/11p		Purchase		28,798		2.1301  GBP
Ordinary 10 10/11p		Purchase		26,170		2.1365  GBP
Ordinary 10 10/11p		Purchase		18,631		2.1434  GBP
Ordinary 10 10/11p		Purchase		9,958		2.1590  GBP
Ordinary 10 10/11p		Purchase		9,115		2.1357  GBP
Ordinary 10 10/11p		Purchase		8,788		2.1224  GBP
Ordinary 10 10/11p		Purchase		8,583		2.1215  GBP
Ordinary 10 10/11p		Purchase		7,593		2.1279  GBP
Ordinary 10 10/11p		Purchase		7,346		2.1348  GBP
Ordinary 10 10/11p		Purchase		7,153		2.1310  GBP
Ordinary 10 10/11p		Purchase		7,090		2.1450  GBP
Ordinary 10 10/11p		Purchase		6,400		2.1214  GBP
Ordinary 10 10/11p		Purchase		5,435		2.1326  GBP
Ordinary 10 10/11p		Purchase		4,569		2.1304  GBP
Ordinary 10 10/11p		Purchase		4,158		2.1233  GBP
Ordinary 10 10/11p		Purchase		2,952		2.1529  GBP
Ordinary 10 10/11p		Purchase		2,747		2.0820  GBP
Ordinary 10 10/11p		Purchase		2,736		2.1223  GBP
Ordinary 10 10/11p		Purchase		2,688		2.1367  GBP
Ordinary 10 10/11p		Purchase		2,676		2.1259  GBP
Ordinary 10 10/11p		Purchase		2,228		2.1153  GBP
Ordinary 10 10/11p		Purchase		1,550		2.1245  GBP
Ordinary 10 10/11p		Purchase		1,433		2.1570  GBP
Ordinary 10 10/11p		Purchase		1,317		2.1510  GBP
Ordinary 10 10/11p		Purchase		919		2.1262  GBP
Ordinary 10 10/11p		Purchase		890		2.1240  GBP
ADR		Purchase		400		10.6600  USD
Ordinary 10 10/11p		Purchase		246		2.1200  GBP
Ordinary 10 10/11p		Purchase		85		2.1158  GBP
Ordinary 10 10/11p		Purchase		1		2.1100  GBP
Ordinary 10 10/11p		Sale		444,164		2.1170  GBP
Ordinary 10 10/11p		Sale		229,845		2.1173  GBP
Ordinary 10 10/11p		Sale		199,039		2.1186  GBP
Ordinary 10 10/11p		Sale		156,495		2.1322  GBP
Ordinary 10 10/11p		Sale		112,617		2.1169  GBP
Ordinary 10 10/11p		Sale		102,801		2.1286  GBP
Ordinary 10 10/11p		Sale		79,097		2.1156  GBP
Ordinary 10 10/11p		Sale		78,223		2.1283  GBP
Ordinary 10 10/11p		Sale		71,468		2.1203  GBP
Ordinary 10 10/11p		Sale		70,798		2.1215  GBP
Ordinary 10 10/11p		Sale		53,342		2.1165  GBP
Ordinary 10 10/11p		Sale		44,262		2.1195  GBP
Ordinary 10 10/11p		Sale		41,729		2.1515  GBP
Ordinary 10 10/11p		Sale		37,013		2.1001  GBP
Ordinary 10 10/11p		Sale		29,827		2.1256  GBP
Ordinary 10 10/11p		Sale		26,666		2.1102  GBP
Ordinary 10 10/11p		Sale		20,181		2.1281  GBP
Ordinary 10 10/11p		Sale		20,108		2.1417  GBP
Ordinary 10 10/11p		Sale		18,694		2.1062  GBP
Ordinary 10 10/11p		Sale		15,541		2.1300  GBP
Ordinary 10 10/11p		Sale		15,476		2.1304  GBP
Ordinary 10 10/11p		Sale		11,059		2.1280  GBP
Ordinary 10 10/11p		Sale		10,498		2.1590  GBP
Ordinary 10 10/11p		Sale		9,896		2.1336  GBP
Ordinary 10 10/11p		Sale		7,346		2.1350  GBP
Ordinary 10 10/11p		Sale		7,026		2.1313  GBP
Ordinary 10 10/11p		Sale		6,495		2.1392  GBP
Ordinary 10 10/11p		Sale		5,945		2.1188  GBP
Ordinary 10 10/11p		Sale		4,238		2.1550  GBP
Ordinary 10 10/11p		Sale		4,209		2.1394  GBP
Ordinary 10 10/11p		Sale		3,413		2.1318  GBP
Ordinary 10 10/11p		Sale		3,237		2.1420  GBP
Ordinary 10 10/11p		Sale		3,180		2.1272  GBP
Ordinary 10 10/11p		Sale		2,717		2.1500  GBP
Ordinary 10 10/11p		Sale		2,395		2.1140  GBP
Ordinary 10 10/11p		Sale		2,243		2.0820  GBP
Ordinary 10 10/11p		Sale		2,228		2.1153  GBP
Ordinary 10 10/11p		Sale		2,090		2.1450  GBP
Ordinary 10 10/11p		Sale		1,823		2.1385  GBP
Ordinary 10 10/11p		Sale		1,697		2.1510  GBP
Ordinary 10 10/11p		Sale		1,552		2.1247  GBP
Ordinary 10 10/11p		Sale		1,522		2.1600  GBP
Ordinary 10 10/11p		Sale		1,349		2.1380  GBP
Ordinary 10 10/11p		Sale		1,327		2.1136  GBP
Ordinary 10 10/11p		Sale		1,116		2.1405  GBP
Ordinary 10 10/11p		Sale		926		2.1230  GBP
Ordinary 10 10/11p		Sale		881		2.1570  GBP
ADR		Sale		400		10.6600  USD
Ordinary 10 10/11p		Sale		374		2.1239  GBP
Ordinary 10 10/11p		Sale		299		2.1210  GBP
Ordinary 10 10/11p		Sale		246		2.1200  GBP
Ordinary 10 10/11p		Sale		145		2.1209  GBP
Ordinary 10 10/11p		Sale		127		2.1310  GBP
Ordinary 10 10/11p		Sale		100		2.1390  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		Closing Short		26,173	2.1171  GBP
Ordinary 10 10/11p		SWAP		Closing Short		26,602	2.1170  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		31	2.0820  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		806	2.1288  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,507	2.1299  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		2,661	2.1471  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		3,835	2.1295  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		9,023	2.1292  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		23,913	2.1274  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		25,538	2.1315  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		63,581	2.1272  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		134,027	2.1339  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		427	2.1170  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,059	2.1215  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		2,152	2.1492  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,243	2.0820  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		2,952	2.1169  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		3,068	2.1575  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		3,523	2.1281  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		15,222	2.0499  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		19,639	2.1336  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		64,000	2.1213  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		112,617	2.1169  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,031	2.1098  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,413	2.1318  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		29,205	2.1170  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		46,699	2.1188  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		53,342	2.1165  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		56,971	2.1296  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		58,403	2.1271  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		78,223	2.1283  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		199,039	2.1186  GBP
Ordinary 10 10/11p		CFD		Increasing Short		427	2.1170  GBP
Ordinary 10 10/11p		CFD		Increasing Short		570	2.1530  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		665	2.1600  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		4,015	2.1376  GBP
Ordinary 10 10/11p		CFD		Increasing Short		10,017	2.1139  GBP
Ordinary 10 10/11p		CFD		Increasing Short		13,878	2.1094  GBP
Ordinary 10 10/11p		CFD		Increasing Short		15,892	2.1169  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		24,611	2.1599  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		59,173	2.1327  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		60,200	2.1351  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		172,576	2.1201  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:				22 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END