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:
|
13
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:
|
|
|
15,289,249
|
1.17%
|
16,785,448
|
1.28%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,184,388
|
0.55%
|
13,254,699
|
1.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
22,473,637
|
1.71%
|
30,040,147
|
2.29%
|
(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
|
1,583,044
|
2.1600 GBP
|
Ordinary
10 10/11p
|
Purchase
|
696,696
|
2.1451 GBP
|
Ordinary
10 10/11p
|
Purchase
|
257,773
|
2.1639 GBP
|
Ordinary
10 10/11p
|
Purchase
|
179,196
|
2.1546 GBP
|
Ordinary
10 10/11p
|
Purchase
|
102,000
|
2.1479 GBP
|
Ordinary
10 10/11p
|
Purchase
|
85,756
|
2.1534 GBP
|
Ordinary
10 10/11p
|
Purchase
|
68,214
|
2.1344 GBP
|
Ordinary
10 10/11p
|
Purchase
|
63,904
|
2.0915 GBP
|
Ordinary
10 10/11p
|
Purchase
|
53,501
|
2.2066 GBP
|
Ordinary
10 10/11p
|
Purchase
|
50,000
|
2.2090 GBP
|
Ordinary
10 10/11p
|
Purchase
|
45,808
|
2.1170 GBP
|
Ordinary
10 10/11p
|
Purchase
|
39,047
|
2.1799 GBP
|
Ordinary
10 10/11p
|
Purchase
|
38,100
|
2.1329 GBP
|
Ordinary
10 10/11p
|
Purchase
|
27,837
|
2.1576 GBP
|
Ordinary
10 10/11p
|
Purchase
|
27,563
|
2.2055 GBP
|
Ordinary
10 10/11p
|
Purchase
|
25,697
|
2.1400 GBP
|
Ordinary
10 10/11p
|
Purchase
|
23,436
|
2.1163 GBP
|
Ordinary
10 10/11p
|
Purchase
|
22,208
|
2.1204 GBP
|
Ordinary
10 10/11p
|
Purchase
|
19,794
|
2.1598 GBP
|
Ordinary
10 10/11p
|
Purchase
|
16,707
|
2.1064 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,302
|
2.1393 GBP
|
Ordinary
10 10/11p
|
Purchase
|
11,282
|
2.1665 GBP
|
Ordinary
10 10/11p
|
Purchase
|
10,000
|
2.2980 GBP
|
Ordinary
10 10/11p
|
Purchase
|
9,500
|
2.1672 GBP
|
Ordinary
10 10/11p
|
Purchase
|
9,475
|
2.1099 GBP
|
Ordinary
10 10/11p
|
Purchase
|
9,469
|
2.1723 GBP
|
Ordinary
10 10/11p
|
Purchase
|
8,500
|
2.2720 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,373
|
2.1511 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,596
|
2.1322 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,367
|
2.0771 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,979
|
2.1169 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,102
|
2.2100 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,729
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,552
|
2.1596 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,500
|
2.1347 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,954
|
2.1271 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,927
|
2.1142 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,534
|
2.2612 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,489
|
2.1898 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,573
|
2.2144 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,443
|
2.1067 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,386
|
2.1070 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,348
|
2.1420 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,017
|
2.2600 GBP
|
Ordinary
10 10/11p
|
Purchase
|
400
|
2.3131 GBP
|
Ordinary
10 10/11p
|
Purchase
|
354
|
2.1792 GBP
|
Ordinary
10 10/11p
|
Purchase
|
289
|
2.2500 GBP
|
Ordinary
10 10/11p
|
Purchase
|
117
|
2.1604 GBP
|
Ordinary
10 10/11p
|
Purchase
|
117
|
2.1300 GBP
|
Ordinary
10 10/11p
|
Purchase
|
79
|
2.1340 GBP
|
Ordinary
10 10/11p
|
Purchase
|
46
|
2.2140 GBP
|
Ordinary
10 10/11p
|
Purchase
|
36
|
2.1200 GBP
|
Ordinary
10 10/11p
|
Purchase
|
22
|
2.0880 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,449,034
|
2.1592 GBP
|
Ordinary
10 10/11p
|
Sale
|
724,850
|
2.1600 GBP
|
Ordinary
10 10/11p
|
Sale
|
174,792
|
2.1300 GBP
|
Ordinary
10 10/11p
|
Sale
|
170,000
|
2.2075 GBP
|
Ordinary
10 10/11p
|
Sale
|
163,077
|
2.1694 GBP
|
Ordinary
10 10/11p
|
Sale
|
143,858
|
2.1413 GBP
|
Ordinary
10 10/11p
|
Sale
|
129,174
|
2.2230 GBP
|
Ordinary
10 10/11p
|
Sale
|
120,120
|
2.1579 GBP
|
Ordinary
10 10/11p
|
Sale
|
90,856
|
2.1569 GBP
|
Ordinary
10 10/11p
|
Sale
|
78,344
|
2.1681 GBP
|
Ordinary
10 10/11p
|
Sale
|
60,008
|
2.2589 GBP
|
Ordinary
10 10/11p
|
Sale
|
59,487
|
2.1415 GBP
|
Ordinary
10 10/11p
|
Sale
|
50,507
|
2.2219 GBP
|
Ordinary
10 10/11p
|
Sale
|
50,000
|
2.2090 GBP
|
Ordinary
10 10/11p
|
Sale
|
48,117
|
2.1431 GBP
|
Ordinary
10 10/11p
|
Sale
|
47,773
|
2.1622 GBP
|
Ordinary
10 10/11p
|
Sale
|
36,595
|
2.1333 GBP
|
Ordinary
10 10/11p
|
Sale
|
31,016
|
2.2113 GBP
|
Ordinary
10 10/11p
|
Sale
|
30,573
|
2.1636 GBP
|
Ordinary
10 10/11p
|
Sale
|
23,871
|
2.1547 GBP
|
Ordinary
10 10/11p
|
Sale
|
20,977
|
2.1328 GBP
|
Ordinary
10 10/11p
|
Sale
|
18,585
|
2.1578 GBP
|
Ordinary
10 10/11p
|
Sale
|
17,051
|
2.1325 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,746
|
2.2558 GBP
|
Ordinary
10 10/11p
|
Sale
|
14,083
|
2.2272 GBP
|
Ordinary
10 10/11p
|
Sale
|
10,000
|
2.0949 GBP
|
Ordinary
10 10/11p
|
Sale
|
9,637
|
2.2673 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,057
|
2.1414 GBP
|
Ordinary
10 10/11p
|
Sale
|
6,456
|
2.1890 GBP
|
Ordinary
10 10/11p
|
Sale
|
5,634
|
2.1007 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,729
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,851
|
2.1276 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,543
|
2.0794 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,696
|
2.1420 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,534
|
2.2615 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,305
|
2.1140 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,840
|
2.1250 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,834
|
2.1180 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,692
|
2.0800 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,573
|
2.2146 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,525
|
2.2064 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,505
|
2.1307 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,481
|
2.0823 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,278
|
2.0951 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,235
|
2.1330 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,157
|
2.1410 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,154
|
2.2509 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,017
|
2.2600 GBP
|
Ordinary
10 10/11p
|
Sale
|
784
|
2.0993 GBP
|
Ordinary
10 10/11p
|
Sale
|
613
|
2.0847 GBP
|
Ordinary
10 10/11p
|
Sale
|
423
|
2.1548 GBP
|
Ordinary
10 10/11p
|
Sale
|
344
|
2.2530 GBP
|
Ordinary
10 10/11p
|
Sale
|
289
|
2.2500 GBP
|
Ordinary
10 10/11p
|
Sale
|
79
|
2.1340 GBP
|
Ordinary
10 10/11p
|
Sale
|
22
|
2.0880 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
|
Closing
Short
|
10,000
|
2.0949 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
3
|
2.2900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
5,166
|
2.1588 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
11,734
|
2.1655 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
36,544
|
2.1111 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
179,196
|
2.1546 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
295,935
|
2.1618 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
696,696
|
2.1451 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
16
|
2.1562 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
491
|
2.2548 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
709
|
2.2535 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
874
|
2.1548 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,950
|
2.1828 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
5,060
|
2.1287 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
5,430
|
2.2370 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
6,956
|
2.1665 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
15,843
|
2.1400 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
17,163
|
2.1576 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
20,977
|
2.1328 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
30,573
|
2.1636 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
31,374
|
2.1343 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
48,992
|
2.1654 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
50,000
|
2.2898 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
59,487
|
2.1415 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
60,008
|
2.2589 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
126,800
|
2.1965 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
646,085
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
344
|
2.2530 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
613
|
2.0847 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
784
|
2.0993 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
796
|
2.0780 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,278
|
2.0951 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,481
|
2.0823 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,525
|
2.2064 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,692
|
2.0800 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,917
|
2.1673 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
3,543
|
2.0794 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
5,634
|
2.1007 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
9,589
|
2.1676 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
20,375
|
2.0970 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
48,117
|
2.1431 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
148,271
|
2.1616 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
263,483
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
361,022
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
112
|
2.0780 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
387
|
2.1284 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
3,182
|
2.1315 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
18,105
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
22,208
|
2.1204 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
23,882
|
2.2173 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
27,437
|
2.1197 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
93,339
|
2.1001 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
153,680
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Short
|
245,201
|
2.1600 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:
|
14 Mar 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
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