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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings