| 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 |
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| positions disclosed, if different from 1(a): | ||||||
| (c) | Name of offeror/offeree in relation to whose | DIRECT LINE INSURANCE GROUP PLC | |||||
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| relevant securities this form relates: | ||||||
| (d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
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| 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: |
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| disclosures in respect of any other party to the offer? | AGEAS SA/NV |
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| 2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
| (a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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| Class of relevant security: | Ordinary 10 10/11p | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| ||
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| and/or controlled: |
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| 15,776,079 | 1.20% | 7,800,260 | 0.59% |
| (2) | Cash-settled derivatives: |
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| ||
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| and/or controlled: |
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| 3,159,572 | 0.24% | 14,591,884 | 1.11% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 18,935,651 | 1.44% | 22,392,144 | 1.71% |
| (b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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| Class of relevant security in relation to |
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| which subscription right exists |
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| Details, including nature of the rights |
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| concerned and relevant percentages: |
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| 3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchases and sales |
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| |
| 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 | ||||
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| (b) | Cash-settled derivative transactions |
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| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description |
| reference | unit | |||
| security |
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| securities |
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| 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 | |||
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| (c) | Stock-settled derivative transactions (including options) |
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| (i) | Writing, selling, purchasing or varying |
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| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| of | description | purchasing, | of | price |
| date | money |
| relevant |
| selling, | securities | per unit |
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| paid/ |
| security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
| security |
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| securities | unit | |||
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| (d) | Other dealings (including subscribing for new securities) |
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| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| security |
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| applicable) | ||||
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| 4. | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements |
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| Details of any indemnity or option arrangement, or any agreement or understanding, |
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| formal or informal, relating to relevant securities which may be an inducement to deal |
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| or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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| to the offer or any person acting in concert with a party to the offer: |
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| NONE | |||||||
| (b) | Agreements, arrangements or understandings relating to options or derivatives |
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| Details of any agreement, arrangement or understanding, formal or informal, between |
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| the person making the disclosure and any other person relating to: |
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| (i) the voting rights of any relevant securities under any option; or |
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| (ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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| any derivative is referenced: |
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| NONE | |||||||
| (c) | Attachments |
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| 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 | ||||||
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