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:
|
07
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:
|
|
|
16,392,445
|
1.25%
|
16,765,284
|
1.28%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
6,759,951
|
0.52%
|
14,846,492
|
1.13%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
23,152,396
|
1.77%
|
31,611,776
|
2.41%
|
(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
|
242,908
|
2.2083 GBP
|
Ordinary
10 10/11p
|
Purchase
|
104,194
|
2.1919 GBP
|
Ordinary
10 10/11p
|
Purchase
|
90,135
|
2.2050 GBP
|
Ordinary
10 10/11p
|
Purchase
|
70,298
|
2.1660 GBP
|
Ordinary
10 10/11p
|
Purchase
|
70,127
|
2.2118 GBP
|
Ordinary
10 10/11p
|
Purchase
|
61,078
|
2.2057 GBP
|
Ordinary
10 10/11p
|
Purchase
|
59,049
|
2.2087 GBP
|
Ordinary
10 10/11p
|
Purchase
|
57,721
|
2.2069 GBP
|
Ordinary
10 10/11p
|
Purchase
|
33,818
|
2.2053 GBP
|
Ordinary
10 10/11p
|
Purchase
|
27,540
|
2.1700 GBP
|
Ordinary
10 10/11p
|
Purchase
|
10,189
|
2.1918 GBP
|
Ordinary
10 10/11p
|
Purchase
|
10,000
|
2.2030 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,750
|
2.2000 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,720
|
2.1832 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,117
|
2.2010 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,632
|
2.2170 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,172
|
2.2160 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,100
|
2.1625 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,890
|
2.2102 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,831
|
2.2044 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,781
|
2.2130 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,717
|
2.2098 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,429
|
2.2179 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,208
|
2.2070 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,030
|
2.2100 GBP
|
Ordinary
10 10/11p
|
Purchase
|
800
|
2.2210 GBP
|
Ordinary
10 10/11p
|
Purchase
|
244
|
2.1980 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3
|
2.2270 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3
|
2.2060 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2
|
2.2350 GBP
|
Ordinary
10 10/11p
|
Sale
|
230,369
|
2.1926 GBP
|
Ordinary
10 10/11p
|
Sale
|
226,633
|
2.2125 GBP
|
Ordinary
10 10/11p
|
Sale
|
221,724
|
2.2037 GBP
|
Ordinary
10 10/11p
|
Sale
|
171,715
|
2.2019 GBP
|
Ordinary
10 10/11p
|
Sale
|
170,582
|
2.2049 GBP
|
Ordinary
10 10/11p
|
Sale
|
166,001
|
2.2067 GBP
|
Ordinary
10 10/11p
|
Sale
|
129,537
|
2.2047 GBP
|
Ordinary
10 10/11p
|
Sale
|
83,083
|
2.2045 GBP
|
Ordinary
10 10/11p
|
Sale
|
79,527
|
2.2050 GBP
|
Ordinary
10 10/11p
|
Sale
|
68,881
|
2.2043 GBP
|
Ordinary
10 10/11p
|
Sale
|
41,943
|
2.2159 GBP
|
Ordinary
10 10/11p
|
Sale
|
40,176
|
2.1904 GBP
|
Ordinary
10 10/11p
|
Sale
|
39,755
|
2.2053 GBP
|
Ordinary
10 10/11p
|
Sale
|
30,360
|
2.2051 GBP
|
Ordinary
10 10/11p
|
Sale
|
29,181
|
2.1672 GBP
|
Ordinary
10 10/11p
|
Sale
|
27,209
|
2.2113 GBP
|
Ordinary
10 10/11p
|
Sale
|
20,850
|
2.1971 GBP
|
Ordinary
10 10/11p
|
Sale
|
17,460
|
2.1997 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,294
|
2.2087 GBP
|
Ordinary
10 10/11p
|
Sale
|
13,879
|
2.1873 GBP
|
Ordinary
10 10/11p
|
Sale
|
12,821
|
2.1970 GBP
|
Ordinary
10 10/11p
|
Sale
|
11,678
|
2.1847 GBP
|
Ordinary
10 10/11p
|
Sale
|
10,477
|
2.2059 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,855
|
2.2020 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,327
|
2.2110 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,068
|
2.2132 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,007
|
2.2107 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,795
|
2.1660 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,656
|
2.2086 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,524
|
2.2052 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,172
|
2.2160 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,781
|
2.2130 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,667
|
2.1716 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,514
|
2.1757 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,208
|
2.2070 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,154
|
2.1700 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,030
|
2.2100 GBP
|
Ordinary
10 10/11p
|
Sale
|
919
|
2.1640 GBP
|
Ordinary
10 10/11p
|
Sale
|
572
|
2.2220 GBP
|
Ordinary
10 10/11p
|
Sale
|
340
|
2.2120 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
|
333
|
2.1655 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,429
|
2.2179 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,831
|
2.2044 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
106,360
|
2.1919 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
210,152
|
2.2090 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
3,795
|
2.1660 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
6,950
|
2.1927 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
11,044
|
2.2050 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
13,278
|
2.1836 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
13,434
|
2.2107 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
17,460
|
2.1997 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
17,460
|
2.1700 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
19,574
|
2.1882 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
20,000
|
2.2006 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
27,209
|
2.2113 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
29,100
|
2.2069 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
29,181
|
2.1672 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
29,600
|
2.2114 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
38,722
|
2.2057 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
71,280
|
2.2028 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
72,456
|
2.1738 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
125,061
|
2.2051 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
129,537
|
2.2047 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
170,582
|
2.2049 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
919
|
2.1640 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,667
|
2.1716 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,226
|
2.1908 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
6,919
|
2.1917 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
10,330
|
2.1934 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
26,870
|
2.2058 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
54,399
|
2.2050 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
83,083
|
2.2045 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
124,731
|
2.2047 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
166,001
|
2.2067 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
226,633
|
2.2125 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
20
|
2.2180 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
1,910
|
2.2051 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
8,496
|
2.1700 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
10,000
|
2.2032 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
50,553
|
2.2152 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
70,298
|
2.1660 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
76,750
|
2.2050 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:
|
08 Mar 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
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