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:
|
15
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:
|
|
|
15,757,636
|
1.20%
|
10,380,337
|
0.79%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
5,865,963
|
0.45%
|
14,211,099
|
1.08%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
21,623,599
|
1.65%
|
24,591,436
|
1.88%
|
(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
|
4,749,736
|
2.0710 GBP
|
Ordinary
10 10/11p
|
Purchase
|
669,542
|
2.1312 GBP
|
Ordinary
10 10/11p
|
Purchase
|
584,241
|
2.1164 GBP
|
Ordinary
10 10/11p
|
Purchase
|
519,657
|
2.0892 GBP
|
Ordinary
10 10/11p
|
Purchase
|
216,940
|
2.0921 GBP
|
Ordinary
10 10/11p
|
Purchase
|
189,026
|
2.0852 GBP
|
Ordinary
10 10/11p
|
Purchase
|
188,737
|
2.0988 GBP
|
Ordinary
10 10/11p
|
Purchase
|
159,147
|
2.1183 GBP
|
Ordinary
10 10/11p
|
Purchase
|
113,145
|
2.0865 GBP
|
Ordinary
10 10/11p
|
Purchase
|
100,682
|
2.0830 GBP
|
Ordinary
10 10/11p
|
Purchase
|
75,400
|
2.0798 GBP
|
Ordinary
10 10/11p
|
Purchase
|
47,505
|
2.0818 GBP
|
Ordinary
10 10/11p
|
Purchase
|
40,627
|
2.1416 GBP
|
Ordinary
10 10/11p
|
Purchase
|
39,998
|
2.0819 GBP
|
Ordinary
10 10/11p
|
Purchase
|
27,950
|
2.1465 GBP
|
Ordinary
10 10/11p
|
Purchase
|
26,600
|
2.1487 GBP
|
Ordinary
10 10/11p
|
Purchase
|
20,644
|
2.0808 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,191
|
2.0825 GBP
|
Ordinary
10 10/11p
|
Purchase
|
13,845
|
2.1063 GBP
|
Ordinary
10 10/11p
|
Purchase
|
11,450
|
2.0800 GBP
|
Ordinary
10 10/11p
|
Purchase
|
10,332
|
2.0834 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,602
|
2.0754 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,426
|
2.1377 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,410
|
2.0686 GBP
|
ADR
|
Purchase
|
3,800
|
10.6280 USD
|
Ordinary
10 10/11p
|
Purchase
|
3,126
|
2.0828 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,037
|
2.1634 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,517
|
2.0914 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,363
|
2.0714 GBP
|
ADR
|
Purchase
|
1,880
|
10.5142 USD
|
Ordinary
10 10/11p
|
Purchase
|
1,854
|
2.0790 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,831
|
2.1082 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,782
|
2.1074 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,769
|
2.1148 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,728
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,527
|
2.0592 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,401
|
2.1234 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,356
|
2.1000 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,304
|
2.0778 GBP
|
Ordinary
10 10/11p
|
Purchase
|
800
|
2.0815 GBP
|
Ordinary
10 10/11p
|
Purchase
|
663
|
2.1270 GBP
|
Ordinary
10 10/11p
|
Purchase
|
484
|
2.0605 GBP
|
Ordinary
10 10/11p
|
Purchase
|
381
|
2.1500 GBP
|
Ordinary
10 10/11p
|
Purchase
|
332
|
2.0680 GBP
|
Ordinary
10 10/11p
|
Purchase
|
247
|
2.0520 GBP
|
Ordinary
10 10/11p
|
Purchase
|
111
|
2.0570 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3
|
2.1550 GBP
|
Ordinary
10 10/11p
|
Sale
|
509,642
|
2.1151 GBP
|
Ordinary
10 10/11p
|
Sale
|
296,050
|
2.0830 GBP
|
Ordinary
10 10/11p
|
Sale
|
113,145
|
2.0865 GBP
|
Ordinary
10 10/11p
|
Sale
|
90,740
|
2.1078 GBP
|
Ordinary
10 10/11p
|
Sale
|
87,662
|
2.1070 GBP
|
Ordinary
10 10/11p
|
Sale
|
81,897
|
2.1040 GBP
|
Ordinary
10 10/11p
|
Sale
|
61,235
|
2.1093 GBP
|
Ordinary
10 10/11p
|
Sale
|
47,063
|
2.1211 GBP
|
Ordinary
10 10/11p
|
Sale
|
37,530
|
2.0840 GBP
|
Ordinary
10 10/11p
|
Sale
|
31,115
|
2.0750 GBP
|
Ordinary
10 10/11p
|
Sale
|
28,534
|
2.1087 GBP
|
Ordinary
10 10/11p
|
Sale
|
28,200
|
2.1417 GBP
|
Ordinary
10 10/11p
|
Sale
|
26,764
|
2.1192 GBP
|
Ordinary
10 10/11p
|
Sale
|
20,617
|
2.0971 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,487
|
2.0752 GBP
|
Ordinary
10 10/11p
|
Sale
|
15,080
|
2.1147 GBP
|
Ordinary
10 10/11p
|
Sale
|
10,488
|
2.0788 GBP
|
Ordinary
10 10/11p
|
Sale
|
9,426
|
2.0911 GBP
|
Ordinary
10 10/11p
|
Sale
|
8,944
|
2.1023 GBP
|
Ordinary
10 10/11p
|
Sale
|
8,143
|
2.1372 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,157
|
2.0871 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,071
|
2.1329 GBP
|
Ordinary
10 10/11p
|
Sale
|
6,009
|
2.0825 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,501
|
2.1496 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,401
|
2.1420 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,362
|
2.1348 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,287
|
2.1554 GBP
|
ADR
|
Sale
|
3,800
|
10.6280 USD
|
Ordinary
10 10/11p
|
Sale
|
3,637
|
2.1062 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,325
|
2.1224 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,028
|
2.0770 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,024
|
2.0795 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,712
|
2.1000 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,183
|
2.0800 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,900
|
2.1470 GBP
|
ADR
|
Sale
|
1,880
|
10.5142 USD
|
Ordinary
10 10/11p
|
Sale
|
1,854
|
2.0790 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,782
|
2.1076 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,728
|
2.0780 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,666
|
2.0900 GBP
|
Ordinary
10 10/11p
|
Sale
|
900
|
2.0913 GBP
|
Ordinary
10 10/11p
|
Sale
|
663
|
2.1270 GBP
|
Ordinary
10 10/11p
|
Sale
|
657
|
2.0892 GBP
|
Ordinary
10 10/11p
|
Sale
|
624
|
2.1230 GBP
|
Ordinary
10 10/11p
|
Sale
|
331
|
2.1400 GBP
|
Ordinary
10 10/11p
|
Sale
|
237
|
2.1380 GBP
|
Ordinary
10 10/11p
|
Sale
|
24
|
2.0880 GBP
|
Ordinary
10 10/11p
|
Sale
|
3
|
2.1552 GBP
|
Ordinary
10 10/11p
|
Sale
|
81
|
2.0818 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
|
1,028
|
2.1100 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
5,791
|
2.1189 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
8,403
|
2.1580 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
9,376
|
2.1203 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
14,688
|
2.1194 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
26,146
|
2.1245 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
63,127
|
2.1224 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
72,153
|
2.0938 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
82,368
|
2.0830 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
216,940
|
2.0921 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
376,196
|
2.1323 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
519,657
|
2.0892 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
113
|
2.0900 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
350
|
2.0758 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
859
|
2.0961 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,530
|
2.0775 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
1,873
|
2.1634 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
5,295
|
2.1543 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
10,745
|
2.0901 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
16,400
|
2.1487 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
28,200
|
2.1417 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
56,209
|
2.0830 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
130,841
|
2.0829 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,900
|
2.1470 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
6,009
|
2.0825 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
10,491
|
2.1024 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
15,080
|
2.1147 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
47,063
|
2.1211 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
209,244
|
2.0830 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
298,478
|
2.1377 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
760
|
2.1211 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
3,040
|
2.0837 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
9,508
|
2.0719 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
14,061
|
2.1286 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
23,104
|
2.0830 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
37,000
|
2.1482 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
37,682
|
2.1324 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
43,200
|
2.0843 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
47,830
|
2.0830 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
75,400
|
2.0798 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
113,145
|
2.0865 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
251,783
|
2.1382 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
366,016
|
2.1264 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Short
|
129
|
2.1350 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Short
|
4,410
|
2.0686 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
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any
derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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18 Mar 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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