Form 8.3 - Direct Line Insurance Group plc

Barclays PLC

06 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:				05 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:			17,968,024	1.37%	16,012,702	1.22%
(2)	Cash-settled derivatives:
	and/or controlled:			6,126,651	0.47%	16,486,293	1.26%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			24,094,675	1.84%	32,498,995	2.48%
(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		351,652		2.1600  GBP
Ordinary 10 10/11p		Purchase		192,314		2.0990  GBP
Ordinary 10 10/11p		Purchase		152,097		2.1014  GBP
Ordinary 10 10/11p		Purchase		143,089		2.1055  GBP
Ordinary 10 10/11p		Purchase		129,872		2.1544  GBP
Ordinary 10 10/11p		Purchase		72,785		2.1120  GBP
Ordinary 10 10/11p		Purchase		68,118		2.0900  GBP
Ordinary 10 10/11p		Purchase		46,180		2.1004  GBP
Ordinary 10 10/11p		Purchase		28,458		2.1287  GBP
Ordinary 10 10/11p		Purchase		28,152		2.1501  GBP
Ordinary 10 10/11p		Purchase		24,174		2.1127  GBP
Ordinary 10 10/11p		Purchase		22,699		2.0975  GBP
Ordinary 10 10/11p		Purchase		20,091		2.1564  GBP
Ordinary 10 10/11p		Purchase		20,041		2.0973  GBP
Ordinary 10 10/11p		Purchase		18,810		2.0997  GBP
Ordinary 10 10/11p		Purchase		13,535		2.0958  GBP
Ordinary 10 10/11p		Purchase		10,461		2.1223  GBP
Ordinary 10 10/11p		Purchase		10,219		2.1448  GBP
Ordinary 10 10/11p		Purchase		9,791		2.0988  GBP
Ordinary 10 10/11p		Purchase		8,412		2.0957  GBP
Ordinary 10 10/11p		Purchase		4,334		2.1175  GBP
Ordinary 10 10/11p		Purchase		4,212		2.0993  GBP
Ordinary 10 10/11p		Purchase		3,921		2.1519  GBP
Ordinary 10 10/11p		Purchase		3,658		2.1275  GBP
Ordinary 10 10/11p		Purchase		3,201		2.1026  GBP
Ordinary 10 10/11p		Purchase		2,559		2.1024  GBP
Ordinary 10 10/11p		Purchase		2,540		2.1179  GBP
Ordinary 10 10/11p		Purchase		2,354		2.1140  GBP
Ordinary 10 10/11p		Purchase		1,803		2.1201  GBP
Ordinary 10 10/11p		Purchase		1,415		2.1099  GBP
Ordinary 10 10/11p		Purchase		1,409		2.1015  GBP
Ordinary 10 10/11p		Purchase		1,200		2.1300  GBP
Ordinary 10 10/11p		Purchase		1,100		2.0896  GBP
Ordinary 10 10/11p		Purchase		1,024		2.1005  GBP
Ordinary 10 10/11p		Purchase		1,023		2.0970  GBP
Ordinary 10 10/11p		Purchase		993		2.1250  GBP
Ordinary 10 10/11p		Purchase		891		2.1598  GBP
Ordinary 10 10/11p		Sale		1,509,721		2.1595  GBP
Ordinary 10 10/11p		Sale		522,613		2.1026  GBP
Ordinary 10 10/11p		Sale		220,763		2.1597  GBP
Ordinary 10 10/11p		Sale		200,006		2.1600  GBP
Ordinary 10 10/11p		Sale		79,670		2.1599  GBP
Ordinary 10 10/11p		Sale		75,887		2.1335  GBP
Ordinary 10 10/11p		Sale		68,213		2.1373  GBP
Ordinary 10 10/11p		Sale		50,970		2.1411  GBP
Ordinary 10 10/11p		Sale		46,315		2.1184  GBP
Ordinary 10 10/11p		Sale		40,995		2.1447  GBP
Ordinary 10 10/11p		Sale		33,211		2.1209  GBP
Ordinary 10 10/11p		Sale		29,758		2.1279  GBP
Ordinary 10 10/11p		Sale		29,574		2.1094  GBP
Ordinary 10 10/11p		Sale		26,005		2.1543  GBP
Ordinary 10 10/11p		Sale		25,835		2.1120  GBP
Ordinary 10 10/11p		Sale		15,153		2.1179  GBP
Ordinary 10 10/11p		Sale		14,821		2.1367  GBP
Ordinary 10 10/11p		Sale		12,778		2.1364  GBP
Ordinary 10 10/11p		Sale		11,653		2.1601  GBP
Ordinary 10 10/11p		Sale		10,661		2.1319  GBP
Ordinary 10 10/11p		Sale		4,141		2.1424  GBP
Ordinary 10 10/11p		Sale		4,032		2.1505  GBP
Ordinary 10 10/11p		Sale		3,959		2.1361  GBP
Ordinary 10 10/11p		Sale		3,950		2.1286  GBP
Ordinary 10 10/11p		Sale		3,386		2.1244  GBP
Ordinary 10 10/11p		Sale		3,293		2.0963  GBP
Ordinary 10 10/11p		Sale		2,600		2.0968  GBP
Ordinary 10 10/11p		Sale		2,434		2.1460  GBP
Ordinary 10 10/11p		Sale		1,555		2.1240  GBP
Ordinary 10 10/11p		Sale		1,495		2.1290  GBP
Ordinary 10 10/11p		Sale		1,293		2.1347  GBP
Ordinary 10 10/11p		Sale		1,024		2.1005  GBP
Ordinary 10 10/11p		Sale		1,023		2.0970  GBP
Ordinary 10 10/11p		Sale		769		2.1079  GBP
Ordinary 10 10/11p		Sale		299		2.1388  GBP
Ordinary 10 10/11p		Sale		-343		2.1593  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		649	2.0970  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		16,198	2.1134  GBP
Ordinary 10 10/11p		SWAP		Decreasing Long		45,156	2.1004  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		272	2.1519  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		299	2.1388  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		749	2.1470  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		1,023	2.0969  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		1,293	2.1347  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		3,959	2.1361  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		4,764	2.1598  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		5,538	2.1127  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		6,449	2.1501  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		6,519	2.1287  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		7,817	2.1472  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		9,788	2.1127  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		10,700	2.1493  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		11,399	2.1501  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		11,523	2.1287  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		20,750	2.1597  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		25,125	2.1527  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		32,157	2.1440  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		37,280	2.1242  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		42,010	2.1600  GBP
Ordinary 10 10/11p		SWAP		Decreasing Short		79,670	2.1599  GBP
Ordinary 10 10/11p		CFD		Decreasing Short		220,763	2.1597  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		769	2.1079  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		3,293	2.0963  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		10,782	2.1065  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		29,360	2.1207  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		29,574	2.1094  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		31,776	2.1248  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		33,211	2.1209  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		57,284	2.1595  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		75,887	2.1335  GBP
Ordinary 10 10/11p		SWAP		Increasing Long		1,435,868	2.1600  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		9,380	2.0957  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		16,078	2.1135  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		26,300	2.1209  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		65,000	2.0902  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		95,007	2.1600  GBP
Ordinary 10 10/11p		SWAP		Increasing Short		117,631	2.1052  GBP
Ordinary 10 10/11p		CFD		Increasing Short		260,255	2.1600  GBP
Ordinary 10 10/11p		SWAP		Opening Short		6,938	2.1601  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:				06 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END