Barclays Regulatory News (BARC)

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:

01 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:

18,019,984

1.37%

14,226,400

1.08%

(2)

Cash-settled derivatives:

and/or controlled:

4,330,021

0.33%

16,446,340

1.25%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,350,005

1.70%

30,672,740

2.34%

(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

334,344

2.0692 GBP

Ordinary 10 10/11p

Purchase

273,545

2.0770 GBP

Ordinary 10 10/11p

Purchase

263,864

2.0764 GBP

Ordinary 10 10/11p

Purchase

250,000

2.0590 GBP

Ordinary 10 10/11p

Purchase

193,194

2.0611 GBP

Ordinary 10 10/11p

Purchase

157,369

2.0566 GBP

Ordinary 10 10/11p

Purchase

80,258

2.0629 GBP

Ordinary 10 10/11p

Purchase

67,000

2.0741 GBP

Ordinary 10 10/11p

Purchase

65,967

2.0771 GBP

Ordinary 10 10/11p

Purchase

37,743

2.0713 GBP

Ordinary 10 10/11p

Purchase

27,873

2.0803 GBP

Ordinary 10 10/11p

Purchase

25,704

2.0792 GBP

Ordinary 10 10/11p

Purchase

22,338

2.0694 GBP

Ordinary 10 10/11p

Purchase

20,808

2.0429 GBP

Ordinary 10 10/11p

Purchase

20,196

2.0710 GBP

Ordinary 10 10/11p

Purchase

20,196

2.0617 GBP

Ordinary 10 10/11p

Purchase

16,623

2.0580 GBP

Ordinary 10 10/11p

Purchase

11,736

2.0697 GBP

Ordinary 10 10/11p

Purchase

4,470

2.0834 GBP

Ordinary 10 10/11p

Purchase

3,835

2.0471 GBP

Ordinary 10 10/11p

Purchase

3,271

2.0780 GBP

Ordinary 10 10/11p

Purchase

1,902

2.0870 GBP

Ordinary 10 10/11p

Purchase

1,507

2.0454 GBP

Ordinary 10 10/11p

Purchase

1,433

2.0862 GBP

Ordinary 10 10/11p

Purchase

1,330

2.0860 GBP

Ordinary 10 10/11p

Purchase

1,000

2.0800 GBP

Ordinary 10 10/11p

Purchase

819

2.0464 GBP

Ordinary 10 10/11p

Purchase

613

2.0768 GBP

Ordinary 10 10/11p

Purchase

424

2.0824 GBP

Ordinary 10 10/11p

Purchase

252

2.0689 GBP

Ordinary 10 10/11p

Purchase

146

2.0810 GBP

Ordinary 10 10/11p

Purchase

110

2.0497 GBP

Ordinary 10 10/11p

Purchase

57

2.0758 GBP

Ordinary 10 10/11p

Purchase

43

2.0790 GBP

Ordinary 10 10/11p

Sale

377,477

2.0729 GBP

Ordinary 10 10/11p

Sale

141,254

2.0770 GBP

Ordinary 10 10/11p

Sale

125,059

2.0635 GBP

Ordinary 10 10/11p

Sale

119,061

2.0644 GBP

Ordinary 10 10/11p

Sale

115,927

2.0657 GBP

Ordinary 10 10/11p

Sale

113,148

2.0658 GBP

Ordinary 10 10/11p

Sale

109,690

2.0685 GBP

Ordinary 10 10/11p

Sale

97,591

2.0489 GBP

Ordinary 10 10/11p

Sale

76,117

2.0704 GBP

Ordinary 10 10/11p

Sale

67,960

2.0545 GBP

Ordinary 10 10/11p

Sale

64,328

2.0771 GBP

Ordinary 10 10/11p

Sale

56,350

2.0733 GBP

Ordinary 10 10/11p

Sale

43,437

2.0549 GBP

Ordinary 10 10/11p

Sale

38,419

2.0670 GBP

Ordinary 10 10/11p

Sale

37,077

2.0830 GBP

Ordinary 10 10/11p

Sale

26,790

2.0622 GBP

Ordinary 10 10/11p

Sale

16,617

2.0726 GBP

Ordinary 10 10/11p

Sale

16,608

2.0665 GBP

Ordinary 10 10/11p

Sale

13,746

2.0765 GBP

Ordinary 10 10/11p

Sale

13,192

2.0895 GBP

Ordinary 10 10/11p

Sale

12,804

2.0572 GBP

Ordinary 10 10/11p

Sale

9,924

2.0664 GBP

Ordinary 10 10/11p

Sale

6,396

2.0675 GBP

Ordinary 10 10/11p

Sale

6,268

2.0661 GBP

Ordinary 10 10/11p

Sale

5,919

2.0745 GBP

Ordinary 10 10/11p

Sale

4,611

2.0694 GBP

Ordinary 10 10/11p

Sale

2,677

2.0652 GBP

Ordinary 10 10/11p

Sale

2,288

2.0426 GBP

Ordinary 10 10/11p

Sale

1,532

2.0619 GBP

Ordinary 10 10/11p

Sale

1,115

2.0870 GBP

Ordinary 10 10/11p

Sale

413

2.0832 GBP

Ordinary 10 10/11p

Sale

252

2.0691 GBP

Ordinary 10 10/11p

Sale

110

2.0499 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

1,655

2.0770 GBP

Ordinary 10 10/11p

SWAP

Closing Short

10,885

2.0768 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

129

2.0040 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

543

2.0240 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,039

2.0442 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,507

2.0454 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

24,169

2.0740 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

48,753

2.0770 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

98,013

2.0752 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

157,369

2.0566 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,732

2.0769 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

2,984

2.0849 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

4,149

2.0532 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

12,804

2.0710 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

12,804

2.0572 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

12,804

2.0617 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

13,192

2.0895 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

13,192

2.0429 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

13,746

2.0765 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

14,162

2.0694 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

16,296

2.0792 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

67,960

2.0545 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

97,591

2.0489 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

109,690

2.0685 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,557

2.0643 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,787

2.0656 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

4,758

2.0595 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

12,436

2.0616 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

22,576

2.0698 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

46,200

2.0757 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

51,826

2.0681 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

66,380

2.0634 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

67,480

2.0770 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

74,245

2.0659 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

76,117

2.0704 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

125,059

2.0636 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

161,341

2.0758 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

819

2.0464 GBP

Ordinary 10 10/11p

CFD

Increasing Short

1,770

2.0522 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

3,835

2.0471 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

4,911

2.0791 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

16,623

2.0580 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

28,573

2.0716 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

36,717

2.0787 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

43,541

2.0496 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

46,553

2.0770 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

54,638

2.0690 GBP

Ordinary 10 10/11p

CFD

Increasing Short

93,095

2.0770 GBP

Ordinary 10 10/11p

CFD

Increasing Short

128,311

2.0769 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

246,222

2.0688 GBP

Ordinary 10 10/11p

SWAP

Opening Short

250,000

2.0590 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:

04 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213