|
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:
|
19
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:
|
|
|
16,109,772
|
1.23%
|
9,763,008
|
0.74%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
5,228,477
|
0.40%
|
14,572,045
|
1.11%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
21,338,249
|
1.63%
|
24,335,053
|
1.86%
|
|
(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
|
292,934
|
2.1147 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
259,175
|
2.0835 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
187,570
|
2.0842 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
91,747
|
2.0941 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
69,750
|
2.1168 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
52,822
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
51,721
|
2.1142 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
45,293
|
2.0815 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
40,561
|
2.0894 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
36,593
|
2.0958 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
34,293
|
2.0769 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
33,373
|
2.1059 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
33,001
|
2.0915 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
24,183
|
2.0866 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
19,949
|
2.0854 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
15,890
|
2.1100 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
15,587
|
2.0868 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
11,363
|
2.0788 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
10,096
|
2.0886 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
9,920
|
2.0948 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
7,798
|
2.0980 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
5,094
|
2.0849 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
4,690
|
2.0800 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
4,375
|
2.0725 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
4,194
|
2.0828 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
4,160
|
2.0740 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
4,108
|
2.0851 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
3,397
|
2.0819 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
2,877
|
2.1015 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
2,700
|
2.1038 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
2,376
|
2.0837 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
2,158
|
2.0872 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,830
|
2.0910 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,777
|
2.0810 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,679
|
2.0780 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,527
|
2.0907 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,506
|
2.0730 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
1,331
|
2.1110 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
983
|
2.1140 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
706
|
2.0880 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
511
|
2.0930 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
375
|
2.0917 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
297
|
2.0950 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
251
|
2.0890 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
228
|
2.0792 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
147
|
2.0830 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
94
|
2.0795 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
35
|
2.0870 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
17
|
2.0940 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
14
|
2.0787 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
5
|
2.1163 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
5
|
2.1150 GBP
|
|
Ordinary
10 10/11p
|
Purchase
|
5
|
2.0790 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
599,259
|
2.0990 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
140,291
|
2.1156 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
114,235
|
2.1158 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
95,242
|
2.0803 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
69,742
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
55,000
|
2.1103 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
44,644
|
2.0755 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
37,573
|
2.0976 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
36,593
|
2.0960 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
35,137
|
2.0793 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
33,373
|
2.1062 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
28,380
|
2.0991 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
23,692
|
2.1165 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
23,004
|
2.0904 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
22,716
|
2.0765 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
21,954
|
2.0855 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
18,992
|
2.0967 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
17,975
|
2.0727 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
11,499
|
2.0779 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
10,525
|
2.0790 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
10,096
|
2.0888 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
5,539
|
2.0798 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
4,800
|
2.1168 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
4,582
|
2.1111 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
4,312
|
2.0820 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
4,033
|
2.1004 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
3,657
|
2.0968 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
3,488
|
2.0780 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
3,316
|
2.0951 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
2,779
|
2.0889 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
2,715
|
2.0836 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
2,544
|
2.0845 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
2,111
|
2.0837 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1,777
|
2.0810 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1,533
|
2.0909 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1,382
|
2.0910 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1,148
|
2.0740 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1,007
|
2.0770 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
983
|
2.1140 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
946
|
2.0879 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
706
|
2.0880 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
603
|
2.0872 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
522
|
2.0985 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
511
|
2.0930 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
297
|
2.0950 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
163
|
2.0812 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
147
|
2.0830 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
17
|
2.0940 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
6
|
2.0980 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
5
|
2.1150 GBP
|
|
Ordinary
10 10/11p
|
Sale
|
1
|
2.1100 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
|
251
|
2.0890 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
2,150
|
2.0859 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
2,813
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
5,094
|
2.0849 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
5,512
|
2.0857 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
35,688
|
2.0850 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
40,561
|
2.0894 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
70,839
|
2.0831 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
129
|
2.1083 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
1,982
|
2.0821 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
3,838
|
2.1112
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
4,019
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
4,800
|
2.1168 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
18,992
|
2.0967 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
23,004
|
2.0904 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
35,137
|
2.0793 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
37,387
|
2.0994 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
55,000
|
2.1103 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
57,000
|
2.0758 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,669
|
2.0840 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,872
|
2.0790 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,989
|
2.1082 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,715
|
2.0836 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
4,582
|
2.1111 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
4,625
|
2.0810 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
13,296
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
23,692
|
2.1165 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
97,321
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
94
|
2.0795 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
567
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
2,700
|
2.1038 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
2,877
|
2.1015 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
4,854
|
2.0993 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
11,267
|
2.0727 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
14,012
|
2.0836 GBP
|
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
20,835
|
2.0835 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
23,088
|
2.1170 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
24,183
|
2.0866 GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
33,001
|
2.0915 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:
|
20 Mar 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|