Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

26 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:				25 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:			15,776,079	1.20%	7,800,260	0.59%
(2)	Cash-settled derivatives:
	and/or controlled:			3,159,572	0.24%	14,591,884	1.11%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			18,935,651	1.44%	22,392,144	1.71%
(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		2,039,228		1.8540  GBP
Ordinary 10 10/11p		Purchase		1,679,439		1.8373  GBP
Ordinary 10 10/11p		Purchase		783,659		1.8130  GBP
Ordinary 10 10/11p		Purchase		622,180		1.8450  GBP
Ordinary 10 10/11p		Purchase		472,628		1.8539  GBP
Ordinary 10 10/11p		Purchase		203,437		1.8105  GBP
Ordinary 10 10/11p		Purchase		201,212		1.8301  GBP
Ordinary 10 10/11p		Purchase		200,000		1.8972  GBP
Ordinary 10 10/11p		Purchase		132,507		1.8776  GBP
Ordinary 10 10/11p		Purchase		115,068		1.8351  GBP
Ordinary 10 10/11p		Purchase		93,545		1.8486  GBP
Ordinary 10 10/11p		Purchase		58,932		1.8460  GBP
Ordinary 10 10/11p		Purchase		45,470		1.8114  GBP
Ordinary 10 10/11p		Purchase		33,254		1.8341  GBP
Ordinary 10 10/11p		Purchase		25,416		1.8408  GBP
Ordinary 10 10/11p		Purchase		24,083		1.8585  GBP
Ordinary 10 10/11p		Purchase		20,658		1.8250  GBP
Ordinary 10 10/11p		Purchase		16,522		1.8491  GBP
Ordinary 10 10/11p		Purchase		15,866		1.8496  GBP
Ordinary 10 10/11p		Purchase		15,862		1.8234  GBP
Ordinary 10 10/11p		Purchase		15,819		1.8257  GBP
Ordinary 10 10/11p		Purchase		13,862		1.8440  GBP
ADR		Purchase		13,380		9.3794  USD
Ordinary 10 10/11p		Purchase		12,686		1.8595  GBP
Ordinary 10 10/11p		Purchase		12,474		1.8174  GBP
Ordinary 10 10/11p		Purchase		11,336		1.8266  GBP
Ordinary 10 10/11p		Purchase		11,299		1.8164  GBP
Ordinary 10 10/11p		Purchase		8,596		1.8235  GBP
Ordinary 10 10/11p		Purchase		7,870		1.8327  GBP
Ordinary 10 10/11p		Purchase		6,736		1.8000  GBP
Ordinary 10 10/11p		Purchase		4,313		1.8344  GBP
Ordinary 10 10/11p		Purchase		4,006		1.8267  GBP
Ordinary 10 10/11p		Purchase		3,737		1.8332  GBP
Ordinary 10 10/11p		Purchase		3,681		1.8570  GBP
Ordinary 10 10/11p		Purchase		3,465		1.8700  GBP
Ordinary 10 10/11p		Purchase		3,380		1.8275  GBP
Ordinary 10 10/11p		Purchase		3,060		1.8438  GBP
Ordinary 10 10/11p		Purchase		2,913		1.8170  GBP
Ordinary 10 10/11p		Purchase		2,399		1.8590  GBP
Ordinary 10 10/11p		Purchase		2,300		1.8605  GBP
Ordinary 10 10/11p		Purchase		2,145		1.8475  GBP
Ordinary 10 10/11p		Purchase		2,034		1.8140  GBP
Ordinary 10 10/11p		Purchase		2,003		1.8300  GBP
Ordinary 10 10/11p		Purchase		1,904		1.8615  GBP
Ordinary 10 10/11p		Purchase		1,643		1.8040  GBP
ADR		Purchase		1,600		9.4700  USD
Ordinary 10 10/11p		Purchase		1,466		1.8790  GBP
Ordinary 10 10/11p		Purchase		1,223		1.8020  GBP
Ordinary 10 10/11p		Purchase		746		1.8463  GBP
Ordinary 10 10/11p		Purchase		735		1.8985  GBP
Ordinary 10 10/11p		Purchase		386		1.8565  GBP
Ordinary 10 10/11p		Purchase		328		1.8944  GBP
Ordinary 10 10/11p		Purchase		282		1.8580  GBP
Ordinary 10 10/11p		Purchase		220		1.8520  GBP
Ordinary 10 10/11p		Purchase		136		1.8047  GBP
Ordinary 10 10/11p		Purchase		1		1.8695  GBP
Ordinary 10 10/11p		Purchase		1		1.8980  GBP
Ordinary 10 10/11p		Sale		1,489,817		1.8537  GBP
Ordinary 10 10/11p		Sale		1,108,981		1.8260  GBP
Ordinary 10 10/11p		Sale		1,044,030		1.8540  GBP
Ordinary 10 10/11p		Sale		997,050		1.8534  GBP
Ordinary 10 10/11p		Sale		468,193		1.8184  GBP
Ordinary 10 10/11p		Sale		223,283		1.8333  GBP
Ordinary 10 10/11p		Sale		145,378		1.8258  GBP
Ordinary 10 10/11p		Sale		136,829		1.8200  GBP
Ordinary 10 10/11p		Sale		130,107		1.8504  GBP
Ordinary 10 10/11p		Sale		91,911		1.8228  GBP
Ordinary 10 10/11p		Sale		62,776		1.8526  GBP
Ordinary 10 10/11p		Sale		58,222		1.8443  GBP
Ordinary 10 10/11p		Sale		54,688		1.8325  GBP
Ordinary 10 10/11p		Sale		48,855		1.8536  GBP
Ordinary 10 10/11p		Sale		38,151		1.8591  GBP
Ordinary 10 10/11p		Sale		34,329		1.8539  GBP
Ordinary 10 10/11p		Sale		34,106		1.8220  GBP
Ordinary 10 10/11p		Sale		24,313		1.8120  GBP
Ordinary 10 10/11p		Sale		23,376		1.8533  GBP
Ordinary 10 10/11p		Sale		23,300		1.8270  GBP
Ordinary 10 10/11p		Sale		23,295		1.8164  GBP
Ordinary 10 10/11p		Sale		21,541		1.8554  GBP
Ordinary 10 10/11p		Sale		18,877		1.8615  GBP
Ordinary 10 10/11p		Sale		18,206		1.8525  GBP
Ordinary 10 10/11p		Sale		16,627		1.8203  GBP
Ordinary 10 10/11p		Sale		16,618		1.8416  GBP
Ordinary 10 10/11p		Sale		16,511		1.8373  GBP
Ordinary 10 10/11p		Sale		14,327		1.8722  GBP
ADR		Sale		13,380		9.3794  USD
Ordinary 10 10/11p		Sale		12,859		1.8664  GBP
Ordinary 10 10/11p		Sale		12,661		1.8595  GBP
Ordinary 10 10/11p		Sale		11,759		1.8318  GBP
Ordinary 10 10/11p		Sale		7,780		1.8957  GBP
Ordinary 10 10/11p		Sale		7,460		1.8183  GBP
Ordinary 10 10/11p		Sale		7,064		1.8296  GBP
Ordinary 10 10/11p		Sale		6,736		1.8000  GBP
Ordinary 10 10/11p		Sale		6,629		1.8214  GBP
Ordinary 10 10/11p		Sale		5,181		1.8593  GBP
Ordinary 10 10/11p		Sale		4,303		1.8985  GBP
Ordinary 10 10/11p		Sale		4,249		1.8255  GBP
Ordinary 10 10/11p		Sale		3,737		1.8332  GBP
Ordinary 10 10/11p		Sale		3,681		1.8570  GBP
Ordinary 10 10/11p		Sale		3,481		1.8566  GBP
Ordinary 10 10/11p		Sale		3,465		1.8700  GBP
Ordinary 10 10/11p		Sale		3,380		1.8275  GBP
Ordinary 10 10/11p		Sale		3,275		1.8217  GBP
Ordinary 10 10/11p		Sale		2,988		1.8732  GBP
Ordinary 10 10/11p		Sale		2,913		1.8170  GBP
Ordinary 10 10/11p		Sale		2,688		1.8201  GBP
Ordinary 10 10/11p		Sale		2,532		1.8017  GBP
Ordinary 10 10/11p		Sale		2,399		1.8590  GBP
Ordinary 10 10/11p		Sale		2,300		1.8605  GBP
Ordinary 10 10/11p		Sale		2,145		1.8475  GBP
Ordinary 10 10/11p		Sale		2,118		1.8518  GBP
Ordinary 10 10/11p		Sale		2,034		1.8140  GBP
Ordinary 10 10/11p		Sale		2,003		1.8300  GBP
Ordinary 10 10/11p		Sale		1,903		1.8686  GBP
Ordinary 10 10/11p		Sale		1,643		1.8040  GBP
ADR		Sale		1,600		9.4700  USD
Ordinary 10 10/11p		Sale		1,514		1.8350  GBP
Ordinary 10 10/11p		Sale		1,513		1.8451  GBP
Ordinary 10 10/11p		Sale		1,484		1.8151  GBP
Ordinary 10 10/11p		Sale		1,466		1.8790  GBP
Ordinary 10 10/11p		Sale		1,401		1.8497  GBP
Ordinary 10 10/11p		Sale		316		1.8245  GBP
Ordinary 10 10/11p		Sale		300		1.8544  GBP
Ordinary 10 10/11p		Sale		282		1.8580  GBP
Ordinary 10 10/11p		Sale		220		1.8520  GBP
Ordinary 10 10/11p		Sale		1		1.8695  GBP
Ordinary 10 10/11p		Sale		1		1.8980  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		1,498	1.8367  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,628	1.8776  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		2,269	1.8366  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		6,239	1.8417  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		8,236	1.8561  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		8,282	1.8400  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		28,232	1.8582  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		58,932	1.8460  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		94,757	1.8325  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		157,877	1.8537  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		203,437	1.8105  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		285,756	1.8540  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		1,036,889	1.8327  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,466	1.8539  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,600	1.8767  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,817	1.7969  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		2,487	1.8539  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		4,207	1.8546  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		6,127	1.7990  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		23,300	1.8270  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		23,500	1.7998  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		23,500	1.8416  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		26,152	1.8890  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		47,250	1.8123  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		49,136	1.8373  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		75,930	1.8012  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		132,059	1.8200  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		337,000	1.8198  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		606,469	1.8553  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		929,105	1.8540  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		60	1.8544  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		399	1.8664  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,401	1.8497  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,514	1.8350  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,107	1.7965  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		2,118	1.8518  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,481	1.8567  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		4,067	1.8052  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		6,582	1.8338  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		48,855	1.8536  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		77,616	1.8522  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		146,869	1.8258  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		217,888	1.8573  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		399,948	1.8555  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		635	1.8490  GBP
Ordinary 10 10/11p		CFD		Increasing Short		1,466	1.8539  GBP
Ordinary 10 10/11p		CFD		Increasing Short		3,835	1.8495  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		6,682	1.8540  GBP
Ordinary 10 10/11p		CFD		Increasing Short		6,736	1.8000  GBP
Ordinary 10 10/11p		CFD		Increasing Short		9,405	1.8466  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		12,686	1.8595  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		15,231	1.8496  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		35,414	1.8626  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		91,800	1.8834  GBP
Ordinary 10 10/11p		CFD		Increasing Short		125,707	1.8241  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		620,667	1.8450  GBP
Ordinary 10 10/11p		CFD		Increasing Short		1,066,072	1.8540  GBP
Ordinary 10 10/11p		SWAP		Opening Long		240	1.8544  GBP
Ordinary 10 10/11p		SWAP		Opening Long		1,604	1.8662  GBP
Ordinary 10 10/11p		SWAP		Opening Long		20,486	1.8540  GBP
Ordinary 10 10/11p		SWAP		Opening Short		3,665	1.8776  GBP
Ordinary 10 10/11p		SWAP		Opening Short		18,665	1.8400  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:				26 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END