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:
|
Citadel Group
|
(b)
Owner or controller of interests and short positions disclosed, if
different from 1(a):
The naming of nominee or vehicle
companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
|
N/A
|
(c)
Name of offeror/offeree in relation to whose relevant securities
this form relates:
Use a separate form for each
offeror/offeree
|
AGEAS SA/NV
|
(d)
If an exempt fund manager connected with an offeror/offeree, state
this and specify identity of offeror/offeree:
|
N/A
|
(e)
Date position held/dealing undertaken:
For an opening position disclosure,
state the latest practicable date prior to the
disclosure
|
22 March 2024
|
(f) In addition to the company in 1(c) above, is the
discloser making disclosures in respect of any other party to the
offer?
If it is a cash offer or possible
cash offer, state "N/A"
|
YES
DIRECT LINE INSURANCE GROUP
PLC
|
2. POSITIONS
OF THE PERSON MAKING THE DISCLOSURE
If
there are positions or rights to subscribe to disclose in more than
one class of relevant securities of the offeror or offeree named in
1(c), copy table 2(a) or (b) (as appropriate) for each additional
class of relevant security.
(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:
Common Stock
|
ISIN
BE0974264930
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
(1)
Relevant securities owned and/or controlled:
|
536,062
|
0.28
|
3,448
|
0.00
|
(2)
Cash-settled derivatives:
|
9,715
|
0.00
|
199,805
|
0.10
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00
|
0
|
0.00
|
TOTAL:
|
545,777
|
0.29
|
203,253
|
0.10
|
Class of relevant security:
Common Stock
|
ISIN
US00844W2089
|
|
Interests
|
Short
positions
|
|
Number
|
%
|
Number
|
%
|
(1)
Relevant securities owned and/or controlled:
|
0
|
0.00
|
0
|
0.00
|
(2)
Cash-settled derivatives:
|
0
|
0.00
|
0
|
0.00
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00
|
0
|
0.00
|
TOTAL:
|
0
|
0.00
|
0
|
0.00
|
All interests and all short positions should be
disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8
(Open Positions).
(b) Rights to
subscribe for new securities (including directors' and other
employee options)
Class of relevant security in relation to which subscription
right exists:
|
N/A
|
Details, including nature of the rights concerned and relevant
percentages:
|
N/A
|
3. DEALINGS
(IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of
relevant securities of the offeror or offeree named in 1(c), copy
table 3(a), (b), (c) or (d) (as appropriate) for each additional
class of relevant security dealt in.
The currency of all prices and other monetary amounts should
be stated.
(a) Purchases and
sales
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
Common
|
Buy
Transaction
|
25
|
40.5100
EUR
|
Common
|
Buy
Transaction
|
50
|
40.5200
EUR
|
Common
|
Buy
Transaction
|
45
|
40.5300
EUR
|
Common
|
Buy
Transaction
|
190
|
40.5400
EUR
|
Common
|
Buy
Transaction
|
429
|
40.5500
EUR
|
Common
|
Buy
Transaction
|
25
|
40.5600
EUR
|
Common
|
Buy
Transaction
|
85
|
40.5700
EUR
|
Common
|
Buy
Transaction
|
104
|
40.5800
EUR
|
Common
|
Buy
Transaction
|
19
|
40.5850
EUR
|
Common
|
Buy
Transaction
|
2,134
|
40.5900
EUR
|
Common
|
Buy
Transaction
|
5,751
|
40.6000
EUR
|
Common
|
Buy
Transaction
|
683
|
40.6100
EUR
|
Common
|
Buy
Transaction
|
85
|
40.6200
EUR
|
Common
|
Buy
Transaction
|
27
|
40.6350
EUR
|
Common
|
Buy
Transaction
|
210
|
40.6400
EUR
|
Common
|
Buy
Transaction
|
138
|
40.6500
EUR
|
Common
|
Buy
Transaction
|
813
|
40.6600
EUR
|
Common
|
Buy
Transaction
|
393
|
40.6700
EUR
|
Common
|
Buy
Transaction
|
308
|
40.6800
EUR
|
Common
|
Buy
Transaction
|
1,387
|
40.6900
EUR
|
Common
|
Buy
Transaction
|
978
|
40.7000
EUR
|
Common
|
Buy
Transaction
|
514
|
40.7100
EUR
|
Common
|
Buy
Transaction
|
336
|
40.7200
EUR
|
Common
|
Buy
Transaction
|
219
|
40.7300
EUR
|
Common
|
Buy
Transaction
|
1,371
|
40.7400
EUR
|
Common
|
Buy
Transaction
|
1,128
|
40.7500
EUR
|
Common
|
Buy
Transaction
|
386
|
40.7600
EUR
|
Common
|
Buy
Transaction
|
71
|
40.7650
EUR
|
Common
|
Buy
Transaction
|
678
|
40.7700
EUR
|
Common
|
Buy
Transaction
|
272
|
40.7800
EUR
|
Common
|
Buy
Transaction
|
505
|
40.7900
EUR
|
Common
|
Buy
Transaction
|
3,516
|
40.8000
EUR
|
Common
|
Buy
Transaction
|
368
|
40.8300
EUR
|
Common
|
Buy
Transaction
|
445
|
40.8400
EUR
|
Common
|
Buy
Transaction
|
50
|
40.8500
EUR
|
Common
|
Buy
Transaction
|
32
|
40.8550
EUR
|
Common
|
Buy
Transaction
|
40
|
40.8600
EUR
|
Common
|
Buy
Transaction
|
50
|
40.8700
EUR
|
Common
|
Buy
Transaction
|
25
|
40.8900
EUR
|
Common
|
Buy
Transaction
|
50
|
40.9000
EUR
|
Common
|
Buy
Transaction
|
4
|
44.1150
USD
|
Common
|
Sell
Transaction
|
235
|
40.5100
EUR
|
Common
|
Sell
Transaction
|
125
|
40.5200
EUR
|
Common
|
Sell
Transaction
|
503
|
40.5300
EUR
|
Common
|
Sell
Transaction
|
305
|
40.5350
EUR
|
Common
|
Sell
Transaction
|
170
|
40.5600
EUR
|
Common
|
Sell
Transaction
|
616
|
40.5700
EUR
|
Common
|
Sell
Transaction
|
1,605
|
40.5800
EUR
|
Common
|
Sell
Transaction
|
952
|
40.5900
EUR
|
Common
|
Sell
Transaction
|
570
|
40.6000
EUR
|
Common
|
Sell
Transaction
|
16
|
40.6100
EUR
|
Common
|
Sell
Transaction
|
207
|
40.6200
EUR
|
Common
|
Sell
Transaction
|
81
|
40.6300
EUR
|
Common
|
Sell
Transaction
|
776
|
40.6400
EUR
|
Common
|
Sell
Transaction
|
417
|
40.6500
EUR
|
Common
|
Sell
Transaction
|
122
|
40.6600
EUR
|
Common
|
Sell
Transaction
|
295
|
40.6700
EUR
|
Common
|
Sell
Transaction
|
145
|
40.6800
EUR
|
Common
|
Sell
Transaction
|
503
|
40.6900
EUR
|
Common
|
Sell
Transaction
|
12,500
|
40.6950
EUR
|
Common
|
Sell
Transaction
|
2,523
|
40.7000
EUR
|
Common
|
Sell
Transaction
|
103
|
40.7100
EUR
|
Common
|
Sell
Transaction
|
359
|
40.7200
EUR
|
Common
|
Sell
Transaction
|
1,159
|
40.7257
EUR
|
Common
|
Sell
Transaction
|
5,782
|
40.7263
EUR
|
Common
|
Sell
Transaction
|
1,958
|
40.7265
EUR
|
Common
|
Sell
Transaction
|
1,935
|
40.7266
EUR
|
Common
|
Sell
Transaction
|
3
|
40.7300
EUR
|
Common
|
Sell
Transaction
|
29
|
40.7400
EUR
|
Common
|
Sell
Transaction
|
1,737
|
40.7500
EUR
|
Common
|
Sell
Transaction
|
1,763
|
40.7600
EUR
|
Common
|
Sell
Transaction
|
2,791
|
40.7700
EUR
|
Common
|
Sell
Transaction
|
1,970
|
40.7800
EUR
|
Common
|
Sell
Transaction
|
736
|
40.7900
EUR
|
Common
|
Sell
Transaction
|
248
|
40.8000
EUR
|
Common
|
Sell
Transaction
|
27
|
40.8100
EUR
|
Common
|
Sell
Transaction
|
495
|
40.8200
EUR
|
Common
|
Sell
Transaction
|
575
|
40.8300
EUR
|
Common
|
Sell
Transaction
|
725
|
40.8400
EUR
|
Common
|
Sell
Transaction
|
922
|
40.8500
EUR
|
Common
|
Sell
Transaction
|
170
|
40.8600
EUR
|
Common
|
Sell
Transaction
|
140
|
40.8700
EUR
|
Common
|
Sell
Transaction
|
596
|
40.8800
EUR
|
Common
|
Sell
Transaction
|
1,053
|
40.8900
EUR
|
Common
|
Sell
Transaction
|
653
|
40.9000
EUR
|
Common
|
Sell
Transaction
|
449
|
40.9100
EUR
|
Common
|
Sell
Transaction
|
12
|
44.1450
USD
|
(b) Cash-settled
derivative transactions
Class of relevant
security
|
Product
description
e.g. CFD
|
Nature of
dealing
e.g. opening/closing a
long/short position, increasing/reducing a long/short
position
|
Number of reference
securities
|
Price per
unit
|
Common
|
CFD
|
Reducing
short position
|
190
|
40.5395
EUR
|
Common
|
CFD
|
Reducing
short position
|
82
|
40.5582
EUR
|
Common
|
CFD
|
Reducing
short position
|
18
|
40.5600
EUR
|
Common
|
CFD
|
Increasing
short position
|
46
|
40.6000
EUR
|
Common
|
CFD
|
Reducing
short position
|
232
|
40.6006
EUR
|
Common
|
CFD
|
Reducing
short position
|
1,783
|
40.6061
EUR
|
Common
|
CFD
|
Reducing
short position
|
248
|
40.6112
EUR
|
Common
|
CFD
|
Reducing
short position
|
651
|
40.6457
EUR
|
Common
|
CFD
|
Reducing
short position
|
160
|
40.6550
EUR
|
Common
|
CFD
|
Reducing
short position
|
188
|
40.6561
EUR
|
Common
|
CFD
|
Reducing
short position
|
36
|
40.6600
EUR
|
Common
|
CFD
|
Increasing
short position
|
168
|
40.6624
EUR
|
Common
|
CFD
|
Reducing
short position
|
523
|
40.6730
EUR
|
Common
|
CFD
|
Reducing
short position
|
733
|
40.6770
EUR
|
Common
|
CFD
|
Reducing
short position
|
711
|
40.6926
EUR
|
Common
|
CFD
|
Reducing
short position
|
980
|
40.6987
EUR
|
Common
|
CFD
|
Reducing
short position
|
1,114
|
40.7165
EUR
|
Common
|
CFD
|
Reducing
short position
|
1,234
|
40.7411
EUR
|
Common
|
CFD
|
Reducing
short position
|
82
|
40.7439
EUR
|
Common
|
CFD
|
Increasing
short position
|
2,891
|
40.7500
EUR
|
Common
|
CFD
|
Increasing
short position
|
6,554
|
40.7506
EUR
|
Common
|
CFD
|
Reducing
short position
|
3,276
|
40.7577
EUR
|
Common
|
CFD
|
Reducing
short position
|
71
|
40.7608
EUR
|
Common
|
CFD
|
Reducing
short position
|
38
|
40.7645
EUR
|
Common
|
CFD
|
Increasing
short position
|
41
|
40.8359
EUR
|
Common
|
CFD
|
Reducing
short position
|
200
|
40.8409
EUR
|
Common
|
CFD
|
Increasing
short position
|
129
|
40.8531
EUR
|
(c) Stock-settled
derivative transactions (including options)
(i) Writing,
selling, purchasing or varying
Class of relevant
security
|
Product
description e.g. call
option
|
Writing, purchasing, selling,
varying etc.
|
Number of securities to which
option relates
|
Exercise price per
unit
|
Type
e.g. American, European
etc.
|
Expiry date
|
Option money paid/ received
per unit
|
(ii)
Exercise
Class of relevant
security
|
Product
description
e.g. call
option
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
(d) Other dealings
(including subscribing for new securities)
Class of relevant
security
|
Nature of
dealing
e.g. subscription,
conversion
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
4. OTHER
INFORMATION
(a) Indemnity and
other dealing 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 person making the disclosure and
any party to the offer or any person acting in concert with a party
to the offer:
Irrevocable commitments and letters of intent should not be
included. If there are no such agreements, arrangements or
understandings, state "none"
|
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 or future acquisition or disposal of
any relevant securities to which any derivative is
referenced:
If
there are no such agreements, arrangements or understandings, state
"none"
|
None
|
(c)
Attachments
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
25 March 2024
|
Contact name:
|
Paula Santos
|
Telephone number*:
|
020 7645 9700
|
Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.
The Panel's Market Surveillance Unit is available for
consultation in relation to the Code's disclosure requirements on
+44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does
not need to be included, provided contact information has been
provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at
www.thetakeoverpanel.org.uk.