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:
|
14
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:
|
|
|
15,045,901
|
1.15%
|
15,888,723
|
1.21%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
6,673,571
|
0.51%
|
13,436,446
|
1.02%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
21,719,472
|
1.66%
|
29,325,169
|
2.24%
|
(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
|
573,673
|
2.1106 GBP
|
Ordinary
10 10/11p
|
Purchase
|
556,734
|
2.0900 GBP
|
Ordinary
10 10/11p
|
Purchase
|
243,601
|
2.1486 GBP
|
Ordinary
10 10/11p
|
Purchase
|
187,476
|
2.1292 GBP
|
Ordinary
10 10/11p
|
Purchase
|
124,673
|
2.0995 GBP
|
Ordinary
10 10/11p
|
Purchase
|
102,860
|
2.1040 GBP
|
Ordinary
10 10/11p
|
Purchase
|
72,477
|
2.0897 GBP
|
Ordinary
10 10/11p
|
Purchase
|
65,915
|
2.0679 GBP
|
Ordinary
10 10/11p
|
Purchase
|
55,895
|
2.0891 GBP
|
Ordinary
10 10/11p
|
Purchase
|
43,943
|
2.0849 GBP
|
Ordinary
10 10/11p
|
Purchase
|
42,509
|
2.0876 GBP
|
Ordinary
10 10/11p
|
Purchase
|
40,750
|
2.0755 GBP
|
Ordinary
10 10/11p
|
Purchase
|
37,800
|
2.0733 GBP
|
Ordinary
10 10/11p
|
Purchase
|
25,210
|
2.0908 GBP
|
Ordinary
10 10/11p
|
Purchase
|
21,283
|
2.0877 GBP
|
Ordinary
10 10/11p
|
Purchase
|
18,273
|
2.1162 GBP
|
Ordinary
10 10/11p
|
Purchase
|
13,138
|
2.0646 GBP
|
Ordinary
10 10/11p
|
Purchase
|
11,310
|
2.1084 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,500
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,741
|
2.0950 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,867
|
2.1336 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,591
|
2.0590 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,395
|
2.0703 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,313
|
2.0745 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,254
|
2.0690 GBP
|
ADR
|
Purchase
|
4,400
|
10.5254 USD
|
Ordinary
10 10/11p
|
Purchase
|
4,017
|
2.0777 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,683
|
2.0773 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,707
|
2.1288 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,584
|
2.0866 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,390
|
2.0670 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,733
|
2.1202 GBP
|
ADR
|
Purchase
|
1,600
|
10.4600 USD
|
Ordinary
10 10/11p
|
Purchase
|
1,584
|
2.0730 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,283
|
2.0750 GBP
|
Ordinary
10 10/11p
|
Purchase
|
833
|
2.1765 GBP
|
Ordinary
10 10/11p
|
Purchase
|
180
|
2.1093 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1
|
2.1730 GBP
|
Ordinary
10 10/11p
|
Sale
|
303,101
|
2.0900 GBP
|
Ordinary
10 10/11p
|
Sale
|
260,152
|
2.0899 GBP
|
Ordinary
10 10/11p
|
Sale
|
259,017
|
2.0928 GBP
|
Ordinary
10 10/11p
|
Sale
|
257,940
|
2.0925 GBP
|
Ordinary
10 10/11p
|
Sale
|
67,094
|
2.0941 GBP
|
Ordinary
10 10/11p
|
Sale
|
66,415
|
2.0657 GBP
|
Ordinary
10 10/11p
|
Sale
|
47,900
|
2.1804 GBP
|
Ordinary
10 10/11p
|
Sale
|
43,016
|
2.1870 GBP
|
Ordinary
10 10/11p
|
Sale
|
41,770
|
2.0948 GBP
|
Ordinary
10 10/11p
|
Sale
|
40,471
|
2.1590 GBP
|
Ordinary
10 10/11p
|
Sale
|
36,464
|
2.0817 GBP
|
Ordinary
10 10/11p
|
Sale
|
34,028
|
2.0646 GBP
|
Ordinary
10 10/11p
|
Sale
|
32,699
|
2.1293 GBP
|
Ordinary
10 10/11p
|
Sale
|
19,271
|
2.1006 GBP
|
Ordinary
10 10/11p
|
Sale
|
14,854
|
2.0716 GBP
|
Ordinary
10 10/11p
|
Sale
|
13,733
|
2.1461 GBP
|
Ordinary
10 10/11p
|
Sale
|
13,372
|
2.0666 GBP
|
Ordinary
10 10/11p
|
Sale
|
13,119
|
2.1037 GBP
|
Ordinary
10 10/11p
|
Sale
|
11,422
|
2.0696 GBP
|
Ordinary
10 10/11p
|
Sale
|
10,845
|
2.1746 GBP
|
Ordinary
10 10/11p
|
Sale
|
8,514
|
2.1591 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,200
|
2.0644 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,740
|
2.0989 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,721
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,584
|
2.0637 GBP
|
ADR
|
Sale
|
4,400
|
10.5254 USD
|
Ordinary
10 10/11p
|
Sale
|
4,191
|
2.1960 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,040
|
2.0938 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,956
|
2.0610 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,584
|
2.0868 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,460
|
2.1209 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,390
|
2.0672 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,244
|
2.0600 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,812
|
2.0750 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,687
|
2.1575 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,619
|
2.0810 GBP
|
ADR
|
Sale
|
1,600
|
10.4600 USD
|
Ordinary
10 10/11p
|
Sale
|
1,268
|
2.1492 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,156
|
2.0665 GBP
|
Ordinary
10 10/11p
|
Sale
|
833
|
2.1765 GBP
|
Ordinary
10 10/11p
|
Sale
|
658
|
2.0477 GBP
|
Ordinary
10 10/11p
|
Sale
|
640
|
2.1974 GBP
|
Ordinary
10 10/11p
|
Sale
|
469
|
2.0612 GBP
|
Ordinary
10 10/11p
|
Sale
|
180
|
2.1095 GBP
|
Ordinary
10 10/11p
|
Sale
|
164
|
2.0719 GBP
|
Ordinary
10 10/11p
|
Sale
|
1
|
2.1730 GBP
|
Ordinary
10 10/11p
|
Sale
|
124
|
2.0888 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
|
3,021
|
2.0900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
19,925
|
2.0898 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
41,770
|
2.0948 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
43,339
|
2.1588 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
50,000
|
2.1898 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
67,094
|
2.0941 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
20
|
2.1390 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
509
|
2.1800 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
917
|
2.1830 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,546
|
2.1468 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
4,001
|
2.1351 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
4,308
|
2.0900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
4,321
|
2.1288 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
7,955
|
2.1489 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
10,478
|
2.1349 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
11,831
|
2.0873 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
18,787
|
2.1463 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
86,101
|
2.0937 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
89,880
|
2.1695 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
124,673
|
2.0995 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
573,673
|
2.1106 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
1,160
|
2.0853 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,792
|
2.0767 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
2,269
|
2.0900 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
2,374
|
2.0775 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
3,040
|
2.0938 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
5,990
|
2.0719 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
7,679
|
2.0842 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
10,429
|
2.1062 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
13,947
|
2.1929 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
43,016
|
2.1869 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
47,900
|
2.1804 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
51,586
|
2.0618 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
210,300
|
2.0899 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
164
|
2.0719 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
658
|
2.0477 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
704
|
2.0780 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,460
|
2.1209 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,615
|
2.0644 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,956
|
2.0610 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
3,674
|
2.0782 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
4,584
|
2.0637 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
5,680
|
2.1471 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
13,372
|
2.0666 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
14,854
|
2.0716 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
34,028
|
2.0646 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
36,464
|
2.0817 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
49,732
|
2.0916 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
49,852
|
2.0899 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
58,300
|
2.0900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
148,086
|
2.0889 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
495
|
2.0588 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
871
|
2.0483 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
5,914
|
2.1300 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
12,421
|
2.1951 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
12,484
|
2.0799 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
15,300
|
2.0593 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
17,037
|
2.0732 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
37,800
|
2.0733 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
40,750
|
2.0757 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
54,301
|
2.1713 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
170,965
|
2.1387 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
433,998
|
2.0900 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:
|
15 Mar 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
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|