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:
|
25
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:
|
|
|
15,776,079
|
1.20%
|
7,800,260
|
0.59%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
3,159,572
|
0.24%
|
14,591,884
|
1.11%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
18,935,651
|
1.44%
|
22,392,144
|
1.71%
|
(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
|
2,039,228
|
1.8540 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,679,439
|
1.8373 GBP
|
Ordinary
10 10/11p
|
Purchase
|
783,659
|
1.8130 GBP
|
Ordinary
10 10/11p
|
Purchase
|
622,180
|
1.8450 GBP
|
Ordinary
10 10/11p
|
Purchase
|
472,628
|
1.8539 GBP
|
Ordinary
10 10/11p
|
Purchase
|
203,437
|
1.8105 GBP
|
Ordinary
10 10/11p
|
Purchase
|
201,212
|
1.8301 GBP
|
Ordinary
10 10/11p
|
Purchase
|
200,000
|
1.8972 GBP
|
Ordinary
10 10/11p
|
Purchase
|
132,507
|
1.8776 GBP
|
Ordinary
10 10/11p
|
Purchase
|
115,068
|
1.8351 GBP
|
Ordinary
10 10/11p
|
Purchase
|
93,545
|
1.8486 GBP
|
Ordinary
10 10/11p
|
Purchase
|
58,932
|
1.8460 GBP
|
Ordinary
10 10/11p
|
Purchase
|
45,470
|
1.8114 GBP
|
Ordinary
10 10/11p
|
Purchase
|
33,254
|
1.8341 GBP
|
Ordinary
10 10/11p
|
Purchase
|
25,416
|
1.8408 GBP
|
Ordinary
10 10/11p
|
Purchase
|
24,083
|
1.8585 GBP
|
Ordinary
10 10/11p
|
Purchase
|
20,658
|
1.8250 GBP
|
Ordinary
10 10/11p
|
Purchase
|
16,522
|
1.8491 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,866
|
1.8496 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,862
|
1.8234 GBP
|
Ordinary
10 10/11p
|
Purchase
|
15,819
|
1.8257 GBP
|
Ordinary
10 10/11p
|
Purchase
|
13,862
|
1.8440 GBP
|
ADR
|
Purchase
|
13,380
|
9.3794 USD
|
Ordinary
10 10/11p
|
Purchase
|
12,686
|
1.8595 GBP
|
Ordinary
10 10/11p
|
Purchase
|
12,474
|
1.8174 GBP
|
Ordinary
10 10/11p
|
Purchase
|
11,336
|
1.8266 GBP
|
Ordinary
10 10/11p
|
Purchase
|
11,299
|
1.8164 GBP
|
Ordinary
10 10/11p
|
Purchase
|
8,596
|
1.8235 GBP
|
Ordinary
10 10/11p
|
Purchase
|
7,870
|
1.8327 GBP
|
Ordinary
10 10/11p
|
Purchase
|
6,736
|
1.8000 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,313
|
1.8344 GBP
|
Ordinary
10 10/11p
|
Purchase
|
4,006
|
1.8267 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,737
|
1.8332 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,681
|
1.8570 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,465
|
1.8700 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,380
|
1.8275 GBP
|
Ordinary
10 10/11p
|
Purchase
|
3,060
|
1.8438 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,913
|
1.8170 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,399
|
1.8590 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,300
|
1.8605 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,145
|
1.8475 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,034
|
1.8140 GBP
|
Ordinary
10 10/11p
|
Purchase
|
2,003
|
1.8300 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,904
|
1.8615 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,643
|
1.8040 GBP
|
ADR
|
Purchase
|
1,600
|
9.4700 USD
|
Ordinary
10 10/11p
|
Purchase
|
1,466
|
1.8790 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1,223
|
1.8020 GBP
|
Ordinary
10 10/11p
|
Purchase
|
746
|
1.8463 GBP
|
Ordinary
10 10/11p
|
Purchase
|
735
|
1.8985 GBP
|
Ordinary
10 10/11p
|
Purchase
|
386
|
1.8565 GBP
|
Ordinary
10 10/11p
|
Purchase
|
328
|
1.8944 GBP
|
Ordinary
10 10/11p
|
Purchase
|
282
|
1.8580 GBP
|
Ordinary
10 10/11p
|
Purchase
|
220
|
1.8520 GBP
|
Ordinary
10 10/11p
|
Purchase
|
136
|
1.8047 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1
|
1.8695 GBP
|
Ordinary
10 10/11p
|
Purchase
|
1
|
1.8980 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,489,817
|
1.8537 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,108,981
|
1.8260 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,044,030
|
1.8540 GBP
|
Ordinary
10 10/11p
|
Sale
|
997,050
|
1.8534 GBP
|
Ordinary
10 10/11p
|
Sale
|
468,193
|
1.8184 GBP
|
Ordinary
10 10/11p
|
Sale
|
223,283
|
1.8333 GBP
|
Ordinary
10 10/11p
|
Sale
|
145,378
|
1.8258 GBP
|
Ordinary
10 10/11p
|
Sale
|
136,829
|
1.8200 GBP
|
Ordinary
10 10/11p
|
Sale
|
130,107
|
1.8504 GBP
|
Ordinary
10 10/11p
|
Sale
|
91,911
|
1.8228 GBP
|
Ordinary
10 10/11p
|
Sale
|
62,776
|
1.8526 GBP
|
Ordinary
10 10/11p
|
Sale
|
58,222
|
1.8443 GBP
|
Ordinary
10 10/11p
|
Sale
|
54,688
|
1.8325 GBP
|
Ordinary
10 10/11p
|
Sale
|
48,855
|
1.8536 GBP
|
Ordinary
10 10/11p
|
Sale
|
38,151
|
1.8591 GBP
|
Ordinary
10 10/11p
|
Sale
|
34,329
|
1.8539 GBP
|
Ordinary
10 10/11p
|
Sale
|
34,106
|
1.8220 GBP
|
Ordinary
10 10/11p
|
Sale
|
24,313
|
1.8120 GBP
|
Ordinary
10 10/11p
|
Sale
|
23,376
|
1.8533 GBP
|
Ordinary
10 10/11p
|
Sale
|
23,300
|
1.8270 GBP
|
Ordinary
10 10/11p
|
Sale
|
23,295
|
1.8164 GBP
|
Ordinary
10 10/11p
|
Sale
|
21,541
|
1.8554 GBP
|
Ordinary
10 10/11p
|
Sale
|
18,877
|
1.8615 GBP
|
Ordinary
10 10/11p
|
Sale
|
18,206
|
1.8525 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,627
|
1.8203 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,618
|
1.8416 GBP
|
Ordinary
10 10/11p
|
Sale
|
16,511
|
1.8373 GBP
|
Ordinary
10 10/11p
|
Sale
|
14,327
|
1.8722 GBP
|
ADR
|
Sale
|
13,380
|
9.3794 USD
|
Ordinary
10 10/11p
|
Sale
|
12,859
|
1.8664 GBP
|
Ordinary
10 10/11p
|
Sale
|
12,661
|
1.8595 GBP
|
Ordinary
10 10/11p
|
Sale
|
11,759
|
1.8318 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,780
|
1.8957 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,460
|
1.8183 GBP
|
Ordinary
10 10/11p
|
Sale
|
7,064
|
1.8296 GBP
|
Ordinary
10 10/11p
|
Sale
|
6,736
|
1.8000 GBP
|
Ordinary
10 10/11p
|
Sale
|
6,629
|
1.8214 GBP
|
Ordinary
10 10/11p
|
Sale
|
5,181
|
1.8593 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,303
|
1.8985 GBP
|
Ordinary
10 10/11p
|
Sale
|
4,249
|
1.8255 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,737
|
1.8332 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,681
|
1.8570 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,481
|
1.8566 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,465
|
1.8700 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,380
|
1.8275 GBP
|
Ordinary
10 10/11p
|
Sale
|
3,275
|
1.8217 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,988
|
1.8732 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,913
|
1.8170 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,688
|
1.8201 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,532
|
1.8017 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,399
|
1.8590 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,300
|
1.8605 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,145
|
1.8475 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,118
|
1.8518 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,034
|
1.8140 GBP
|
Ordinary
10 10/11p
|
Sale
|
2,003
|
1.8300 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,903
|
1.8686 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,643
|
1.8040 GBP
|
ADR
|
Sale
|
1,600
|
9.4700 USD
|
Ordinary
10 10/11p
|
Sale
|
1,514
|
1.8350 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,513
|
1.8451 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,484
|
1.8151 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,466
|
1.8790 GBP
|
Ordinary
10 10/11p
|
Sale
|
1,401
|
1.8497 GBP
|
Ordinary
10 10/11p
|
Sale
|
316
|
1.8245 GBP
|
Ordinary
10 10/11p
|
Sale
|
300
|
1.8544 GBP
|
Ordinary
10 10/11p
|
Sale
|
282
|
1.8580 GBP
|
Ordinary
10 10/11p
|
Sale
|
220
|
1.8520 GBP
|
Ordinary
10 10/11p
|
Sale
|
1
|
1.8695 GBP
|
Ordinary
10 10/11p
|
Sale
|
1
|
1.8980 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
|
1,498
|
1.8367 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,628
|
1.8776 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
2,269
|
1.8366 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
6,239
|
1.8417 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
8,236
|
1.8561 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
8,282
|
1.8400 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
28,232
|
1.8582 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
58,932
|
1.8460 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
94,757
|
1.8325 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
157,877
|
1.8537 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
203,437
|
1.8105
GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
285,756
|
1.8540 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Long
|
1,036,889
|
1.8327 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,466
|
1.8539 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,600
|
1.8767 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
1,817
|
1.7969 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
2,487
|
1.8539 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
4,207
|
1.8546 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
6,127
|
1.7990 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
23,300
|
1.8270 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
23,500
|
1.7998 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
23,500
|
1.8416 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
26,152
|
1.8890 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
47,250
|
1.8123 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
49,136
|
1.8373 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
75,930
|
1.8012 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
132,059
|
1.8200 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Decreasing Short
|
337,000
|
1.8198 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
606,469
|
1.8553 GBP
|
Ordinary
10 10/11p
|
CFD
|
Decreasing Short
|
929,105
|
1.8540 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
60
|
1.8544 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
399
|
1.8664 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,401
|
1.8497 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
1,514
|
1.8350 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,107
|
1.7965 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
2,118
|
1.8518 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
3,481
|
1.8567 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
4,067
|
1.8052 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
6,582
|
1.8338 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
48,855
|
1.8536 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
77,616
|
1.8522 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
146,869
|
1.8258 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
217,888
|
1.8573 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Long
|
399,948
|
1.8555 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
635
|
1.8490 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
1,466
|
1.8539 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
3,835
|
1.8495 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
6,682
|
1.8540 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
6,736
|
1.8000 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
9,405
|
1.8466 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
12,686
|
1.8595 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
15,231
|
1.8496 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
35,414
|
1.8626 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
91,800
|
1.8834 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
125,707
|
1.8241 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Increasing Short
|
620,667
|
1.8450 GBP
|
Ordinary
10 10/11p
|
CFD
|
Increasing Short
|
1,066,072
|
1.8540 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Long
|
240
|
1.8544 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Long
|
1,604
|
1.8662 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Long
|
20,486
|
1.8540 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Short
|
3,665
|
1.8776 GBP
|
Ordinary
10 10/11p
|
SWAP
|
Opening
Short
|
18,665
|
1.8400 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:
|
26 Mar 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|