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:
|
21
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:
|
|
|
16,102,811
|
1.23%
|
9,786,891
|
0.75%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
5,168,240
|
0.39%
|
14,666,339
|
1.12%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
21,271,051
|
1.62%
|
24,453,230
|
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
|
376,986
|
2.1203 GBP
|
Ordinary
10 10/11p
|
Purchase
|
172,576
|
2.1201 GBP
|
Ordinary
10 10/11p
|
Purchase
|
143,406
|
2.1171 GBP
|
Ordinary
10 10/11p
|
Purchase
|
134,027
|
2.1339 GBP
|
Ordinary
10 10/11p
|
Purchase
|
90,500
|
2.1251 GBP
|
Ordinary
10 10/11p
|
Purchase
|
88,464
|
2.1407 GBP
|
Ordinary
10 10/11p
|
Purchase
|
65,567
|
2.1194 GBP
|
Ordinary
10 10/11p
|
Purchase
|
55,172
|
2.1355 GBP
|
Ordinary
10 10/11p
|
Purchase
|
53,715
|
2.1101 GBP
|
Ordinary
10 10/11p
|
Purchase
|
50,927
|
2.1307 GBP
|
Ordinary
10 10/11p
|
Purchase
|
50,586
|
2.1519 GBP
|
Ordinary
10 10/11p
|
Purchase
|
47,641
|
2.1187 GBP
|
Ordinary
10 10/11p
|
Purchase
|
44,277
|
2.1170 GBP
|
Ordinary
10 10/11p
|
Purchase
|
44,262
|
2.1195 GBP
|
Ordinary
10 10/11p
|
Purchase
|
33,792
|
2.1333 GBP
|
Ordinary
10 10/11p
|
Purchase
|
29,141
|
2.1166 GBP
|
Ordinary
10 10/11p
|
Purchase
|
28,798
|
2.1301 GBP
|
Ordinary
10 10/11p
|
Purchase
|
26,170
|
2.1365 GBP
|
Ordinary
10 10/11p
|
Purchase
|
18,631
|
2.1434 GBP
|
Ordinary
10 10/11p
|
Purchase
|
9,958
|
2.1590 GBP
|
Ordinary
10 10/11p
|
Purchase
|
9,115
|
2.1357 GBP
|
Ordinary
10 10/11p
|
Purchase
|
8,788
|
2.1224 GBP
|
Ordinary
10 10/11p
|
Purchase
|
8,583
|
2.1215 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,593
|
2.1279 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,346
|
2.1348 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,153
|
2.1310 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,090
|
2.1450 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,400
|
2.1214 GBP
|
Ordinary
10 10/11p
|
Purchase
|
5,435
|
2.1326 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,569
|
2.1304 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,158
|
2.1233 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,952
|
2.1529 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,747
|
2.0820 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,736
|
2.1223 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,688
|
2.1367 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,676
|
2.1259 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,228
|
2.1153 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,550
|
2.1245 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,433
|
2.1570 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,317
|
2.1510 GBP
|
Ordinary
10 10/11p
|
Purchase
|
919
|
2.1262 GBP
|
Ordinary
10 10/11p
|
Purchase
|
890
|
2.1240 GBP
|
ADR
|
Purchase
|
400
|
10.6600 USD
|
Ordinary
10 10/11p
|
Purchase
|
246
|
2.1200 GBP
|
Ordinary
10 10/11p
|
Purchase
|
85
|
2.1158 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1
|
2.1100 GBP
|
Ordinary
10 10/11p
|
Sale
|
444,164
|
2.1170 GBP
|
Ordinary
10 10/11p
|
Sale
|
229,845
|
2.1173 GBP
|
Ordinary
10 10/11p
|
Sale
|
199,039
|
2.1186 GBP
|
Ordinary
10 10/11p
|
Sale
|
156,495
|
2.1322 GBP
|
Ordinary
10 10/11p
|
Sale
|
112,617
|
2.1169 GBP
|
Ordinary
10 10/11p
|
Sale
|
102,801
|
2.1286 GBP
|
Ordinary
10 10/11p
|
Sale
|
79,097
|
2.1156 GBP
|
Ordinary
10 10/11p
|
Sale
|
78,223
|
2.1283 GBP
|
Ordinary
10 10/11p
|
Sale
|
71,468
|
2.1203 GBP
|
Ordinary
10 10/11p
|
Sale
|
70,798
|
2.1215 GBP
|
Ordinary
10 10/11p
|
Sale
|
53,342
|
2.1165 GBP
|
Ordinary
10 10/11p
|
Sale
|
44,262
|
2.1195 GBP
|
Ordinary
10 10/11p
|
Sale
|
41,729
|
2.1515 GBP
|
Ordinary
10 10/11p
|
Sale
|
37,013
|
2.1001 GBP
|
Ordinary
10 10/11p
|
Sale
|
29,827
|
2.1256 GBP
|
Ordinary
10 10/11p
|
Sale
|
26,666
|
2.1102 GBP
|
Ordinary
10 10/11p
|
Sale
|
20,181
|
2.1281 GBP
|
Ordinary
10 10/11p
|
Sale
|
20,108
|
2.1417 GBP
|
Ordinary
10 10/11p
|
Sale
|
18,694
|
2.1062 GBP
|
Ordinary
10 10/11p
|
Sale
|
15,541
|
2.1300 GBP
|
Ordinary
10 10/11p
|
Sale
|
15,476
|
2.1304 GBP
|
Ordinary
10 10/11p
|
Sale
|
11,059
|
2.1280 GBP
|
Ordinary
10 10/11p
|
Sale
|
10,498
|
2.1590 GBP
|
Ordinary
10 10/11p
|
Sale
|
9,896
|
2.1336 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,346
|
2.1350 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,026
|
2.1313 GBP
|
Ordinary
10 10/11p
|
Sale
|
6,495
|
2.1392 GBP
|
Ordinary
10 10/11p
|
Sale
|
5,945
|
2.1188 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,238
|
2.1550 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,209
|
2.1394 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,413
|
2.1318 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,237
|
2.1420 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,180
|
2.1272 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,717
|
2.1500 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,395
|
2.1140 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,243
|
2.0820 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,228
|
2.1153 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,090
|
2.1450 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,823
|
2.1385 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,697
|
2.1510 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,552
|
2.1247 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,522
|
2.1600 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,349
|
2.1380 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,327
|
2.1136 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,116
|
2.1405 GBP
|
Ordinary
10 10/11p
|
Sale
|
926
|
2.1230 GBP
|
Ordinary
10 10/11p
|
Sale
|
881
|
2.1570 GBP
|
ADR
|
Sale
|
400
|
10.6600 USD
|
Ordinary
10 10/11p
|
Sale
|
374
|
2.1239 GBP
|
Ordinary
10 10/11p
|
Sale
|
299
|
2.1210 GBP
|
Ordinary
10 10/11p
|
Sale
|
246
|
2.1200 GBP
|
Ordinary
10 10/11p
|
Sale
|
145
|
2.1209 GBP
|
Ordinary
10 10/11p
|
Sale
|
127
|
2.1310 GBP
|
Ordinary
10 10/11p
|
Sale
|
100
|
2.1390 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
|
Closing
Short
|
26,173
|
2.1171 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Short
|
26,602
|
2.1170 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
31
|
2.0820 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
806
|
2.1288 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,507
|
2.1299 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
2,661
|
2.1471 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
3,835
|
2.1295 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
9,023
|
2.1292 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
23,913
|
2.1274 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
25,538
|
2.1315 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
63,581
|
2.1272 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
134,027
|
2.1339 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
427
|
2.1170 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
1,059
|
2.1215 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
2,152
|
2.1492 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
2,243
|
2.0820 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
2,952
|
2.1169 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
3,068
|
2.1575 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
3,523
|
2.1281 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
15,222
|
2.0499 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
19,639
|
2.1336 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
64,000
|
2.1213 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
112,617
|
2.1169 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,031
|
2.1098 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
3,413
|
2.1318 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
29,205
|
2.1170 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
46,699
|
2.1188 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
53,342
|
2.1165 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
56,971
|
2.1296 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
58,403
|
2.1271 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
78,223
|
2.1283 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
199,039
|
2.1186 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
427
|
2.1170 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
570
|
2.1530 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
665
|
2.1600 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
4,015
|
2.1376 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
10,017
|
2.1139 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
13,878
|
2.1094 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
15,892
|
2.1169 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
24,611
|
2.1599 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
59,173
|
2.1327 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
60,200
|
2.1351 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
172,576
|
2.1201 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
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(i) the voting rights of any relevant securities under
any option; or
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(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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22 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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