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:
|
22
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:
|
|
|
16,078,178
|
1.23%
|
8,522,620
|
0.65%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
4,140,699
|
0.32%
|
14,888,517
|
1.14%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
20,218,877
|
1.54%
|
23,411,137
|
1.79%
|
(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
|
916,687
|
2.0910 GBP
|
Ordinary
10 10/11p
|
Purchase
|
479,778
|
2.0900 GBP
|
Ordinary
10 10/11p
|
Purchase
|
170,504
|
2.0898 GBP
|
Ordinary
10 10/11p
|
Purchase
|
133,995
|
2.1054 GBP
|
Ordinary
10 10/11p
|
Purchase
|
124,232
|
2.0913 GBP
|
Ordinary
10 10/11p
|
Purchase
|
107,230
|
2.1079 GBP
|
Ordinary
10 10/11p
|
Purchase
|
71,850
|
2.1062 GBP
|
Ordinary
10 10/11p
|
Purchase
|
68,970
|
2.1080 GBP
|
Ordinary
10 10/11p
|
Purchase
|
44,797
|
2.1116 GBP
|
Ordinary
10 10/11p
|
Purchase
|
40,000
|
2.1161 GBP
|
Ordinary
10 10/11p
|
Purchase
|
20,689
|
2.0968 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,583
|
2.1074 GBP
|
Ordinary
10 10/11p
|
Purchase
|
13,342
|
2.1133 GBP
|
Ordinary
10 10/11p
|
Purchase
|
10,013
|
2.1100 GBP
|
Ordinary
10 10/11p
|
Purchase
|
8,727
|
2.1139 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,778
|
2.1138 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,220
|
2.1066 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,184
|
2.1143 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,972
|
2.1140 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,810
|
2.1280 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,602
|
2.1002 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,493
|
2.1010 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,328
|
2.1130 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,112
|
2.0950 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,037
|
2.1050 GBP
|
Ordinary
10 10/11p
|
Purchase
|
988
|
2.1064 GBP
|
Ordinary
10 10/11p
|
Purchase
|
771
|
2.1118 GBP
|
Ordinary
10 10/11p
|
Purchase
|
679
|
2.1120 GBP
|
Ordinary
10 10/11p
|
Purchase
|
625
|
2.1170 GBP
|
Ordinary
10 10/11p
|
Purchase
|
605
|
2.0903 GBP
|
Ordinary
10 10/11p
|
Purchase
|
321
|
2.1136 GBP
|
Ordinary
10 10/11p
|
Purchase
|
310
|
2.0888 GBP
|
Ordinary
10 10/11p
|
Purchase
|
253
|
2.1101 GBP
|
Ordinary
10 10/11p
|
Purchase
|
172
|
2.1039 GBP
|
Ordinary
10 10/11p
|
Purchase
|
50
|
2.1194 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15
|
2.1110 GBP
|
Ordinary
10 10/11p
|
Sale
|
350,054
|
2.0908 GBP
|
Ordinary
10 10/11p
|
Sale
|
291,818
|
2.0899 GBP
|
Ordinary
10 10/11p
|
Sale
|
243,042
|
2.0900 GBP
|
Ordinary
10 10/11p
|
Sale
|
29,817
|
2.1112 GBP
|
Ordinary
10 10/11p
|
Sale
|
29,283
|
2.1012 GBP
|
Ordinary
10 10/11p
|
Sale
|
18,887
|
2.0895 GBP
|
Ordinary
10 10/11p
|
Sale
|
17,957
|
2.1151 GBP
|
Ordinary
10 10/11p
|
Sale
|
11,903
|
2.1084 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,430
|
2.1184 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,018
|
2.1046 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,292
|
2.1094 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,224
|
2.0950 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,914
|
2.1099 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,556
|
2.1110 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,447
|
2.1280 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,250
|
2.1030 GBP
|
Ordinary
10 10/11p
|
Sale
|
771
|
2.1120 GBP
|
Ordinary
10 10/11p
|
Sale
|
636
|
2.1222 GBP
|
Ordinary
10 10/11p
|
Sale
|
625
|
2.1172 GBP
|
Ordinary
10 10/11p
|
Sale
|
321
|
2.1138 GBP
|
Ordinary
10 10/11p
|
Sale
|
209
|
2.1040 GBP
|
Ordinary
10 10/11p
|
Sale
|
172
|
2.1041 GBP
|
Ordinary
10 10/11p
|
Sale
|
85
|
2.1170 GBP
|
Ordinary
10 10/11p
|
Sale
|
50
|
2.1196 GBP
|
Ordinary
10 10/11p
|
Sale
|
5
|
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
Long
|
268
|
2.1096 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Long
|
753
|
2.0900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Closing
Long
|
21,810
|
2.1132 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
240
|
2.1090 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,692
|
2.1107 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
4,863
|
2.1120 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
7,912
|
2.1140 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
8,542
|
2.1129 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
68,970
|
2.1080 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
107,230
|
2.1079 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
154,828
|
2.0968 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
767,835
|
2.0900 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
193
|
2.1168 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
207
|
2.1148 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
1,145
|
2.1024 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
3,004
|
2.1212 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
3,052
|
2.1267 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
4,018
|
2.1046 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
13,808
|
2.1148 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
47,314
|
2.1012 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
59,951
|
2.0900 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
291,818
|
2.0899 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
67
|
2.1097 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
3,292
|
2.1094 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
4,361
|
2.1112 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
7,430
|
2.1184 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
18,887
|
2.0895 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
81,323
|
2.0902 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
719
|
2.1260 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
14,300
|
2.1001 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
20,469
|
2.1104 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
24,717
|
2.1068 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
25,700
|
2.1250 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
29,030
|
2.1060 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
34,997
|
2.1023 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
37,614
|
2.1069 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
64,700
|
2.0954 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
70,000
|
2.1062 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
382,208
|
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:
|
25 Mar 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|