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:

13 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:

15,289,249

1.17%

16,785,448

1.28%

(2)

Cash-settled derivatives:

and/or controlled:

7,184,388

0.55%

13,254,699

1.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,473,637

1.71%

30,040,147

2.29%

(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

1,583,044

2.1600 GBP

Ordinary 10 10/11p

Purchase

696,696

2.1451 GBP

Ordinary 10 10/11p

Purchase

257,773

2.1639 GBP

Ordinary 10 10/11p

Purchase

179,196

2.1546 GBP

Ordinary 10 10/11p

Purchase

102,000

2.1479 GBP

Ordinary 10 10/11p

Purchase

85,756

2.1534 GBP

Ordinary 10 10/11p

Purchase

68,214

2.1344 GBP

Ordinary 10 10/11p

Purchase

63,904

2.0915 GBP

Ordinary 10 10/11p

Purchase

53,501

2.2066 GBP

Ordinary 10 10/11p

Purchase

50,000

2.2090 GBP

Ordinary 10 10/11p

Purchase

45,808

2.1170 GBP

Ordinary 10 10/11p

Purchase

39,047

2.1799 GBP

Ordinary 10 10/11p

Purchase

38,100

2.1329 GBP

Ordinary 10 10/11p

Purchase

27,837

2.1576 GBP

Ordinary 10 10/11p

Purchase

27,563

2.2055 GBP

Ordinary 10 10/11p

Purchase

25,697

2.1400 GBP

Ordinary 10 10/11p

Purchase

23,436

2.1163 GBP

Ordinary 10 10/11p

Purchase

22,208

2.1204 GBP

Ordinary 10 10/11p

Purchase

19,794

2.1598 GBP

Ordinary 10 10/11p

Purchase

16,707

2.1064 GBP

Ordinary 10 10/11p

Purchase

15,302

2.1393 GBP

Ordinary 10 10/11p

Purchase

11,282

2.1665 GBP

Ordinary 10 10/11p

Purchase

10,000

2.2980 GBP

Ordinary 10 10/11p

Purchase

9,500

2.1672 GBP

Ordinary 10 10/11p

Purchase

9,475

2.1099 GBP

Ordinary 10 10/11p

Purchase

9,469

2.1723 GBP

Ordinary 10 10/11p

Purchase

8,500

2.2720 GBP

Ordinary 10 10/11p

Purchase

7,373

2.1511 GBP

Ordinary 10 10/11p

Purchase

6,596

2.1322 GBP

Ordinary 10 10/11p

Purchase

6,367

2.0771 GBP

Ordinary 10 10/11p

Purchase

5,979

2.1169 GBP

Ordinary 10 10/11p

Purchase

5,102

2.2100 GBP

Ordinary 10 10/11p

Purchase

4,729

2.0780 GBP

Ordinary 10 10/11p

Purchase

4,552

2.1596 GBP

Ordinary 10 10/11p

Purchase

4,500

2.1347 GBP

Ordinary 10 10/11p

Purchase

3,954

2.1271 GBP

Ordinary 10 10/11p

Purchase

2,927

2.1142 GBP

Ordinary 10 10/11p

Purchase

2,534

2.2612 GBP

Ordinary 10 10/11p

Purchase

2,489

2.1898 GBP

Ordinary 10 10/11p

Purchase

1,573

2.2144 GBP

Ordinary 10 10/11p

Purchase

1,443

2.1067 GBP

Ordinary 10 10/11p

Purchase

1,386

2.1070 GBP

Ordinary 10 10/11p

Purchase

1,348

2.1420 GBP

Ordinary 10 10/11p

Purchase

1,017

2.2600 GBP

Ordinary 10 10/11p

Purchase

400

2.3131 GBP

Ordinary 10 10/11p

Purchase

354

2.1792 GBP

Ordinary 10 10/11p

Purchase

289

2.2500 GBP

Ordinary 10 10/11p

Purchase

117

2.1604 GBP

Ordinary 10 10/11p

Purchase

117

2.1300 GBP

Ordinary 10 10/11p

Purchase

79

2.1340 GBP

Ordinary 10 10/11p

Purchase

46

2.2140 GBP

Ordinary 10 10/11p

Purchase

36

2.1200 GBP

Ordinary 10 10/11p

Purchase

22

2.0880 GBP

Ordinary 10 10/11p

Sale

1,449,034

2.1592 GBP

Ordinary 10 10/11p

Sale

724,850

2.1600 GBP

Ordinary 10 10/11p

Sale

174,792

2.1300 GBP

Ordinary 10 10/11p

Sale

170,000

2.2075 GBP

Ordinary 10 10/11p

Sale

163,077

2.1694 GBP

Ordinary 10 10/11p

Sale

143,858

2.1413 GBP

Ordinary 10 10/11p

Sale

129,174

2.2230 GBP

Ordinary 10 10/11p

Sale

120,120

2.1579 GBP

Ordinary 10 10/11p

Sale

90,856

2.1569 GBP

Ordinary 10 10/11p

Sale

78,344

2.1681 GBP

Ordinary 10 10/11p

Sale

60,008

2.2589 GBP

Ordinary 10 10/11p

Sale

59,487

2.1415 GBP

Ordinary 10 10/11p

Sale

50,507

2.2219 GBP

Ordinary 10 10/11p

Sale

50,000

2.2090 GBP

Ordinary 10 10/11p

Sale

48,117

2.1431 GBP

Ordinary 10 10/11p

Sale

47,773

2.1622 GBP

Ordinary 10 10/11p

Sale

36,595

2.1333 GBP

Ordinary 10 10/11p

Sale

31,016

2.2113 GBP

Ordinary 10 10/11p

Sale

30,573

2.1636 GBP

Ordinary 10 10/11p

Sale

23,871

2.1547 GBP

Ordinary 10 10/11p

Sale

20,977

2.1328 GBP

Ordinary 10 10/11p

Sale

18,585

2.1578 GBP

Ordinary 10 10/11p

Sale

17,051

2.1325 GBP

Ordinary 10 10/11p

Sale

16,746

2.2558 GBP

Ordinary 10 10/11p

Sale

14,083

2.2272 GBP

Ordinary 10 10/11p

Sale

10,000

2.0949 GBP

Ordinary 10 10/11p

Sale

9,637

2.2673 GBP

Ordinary 10 10/11p

Sale

7,057

2.1414 GBP

Ordinary 10 10/11p

Sale

6,456

2.1890 GBP

Ordinary 10 10/11p

Sale

5,634

2.1007 GBP

Ordinary 10 10/11p

Sale

4,729

2.0780 GBP

Ordinary 10 10/11p

Sale

3,851

2.1276 GBP

Ordinary 10 10/11p

Sale

3,543

2.0794 GBP

Ordinary 10 10/11p

Sale

2,696

2.1420 GBP

Ordinary 10 10/11p

Sale

2,534

2.2615 GBP

Ordinary 10 10/11p

Sale

2,305

2.1140 GBP

Ordinary 10 10/11p

Sale

1,840

2.1250 GBP

Ordinary 10 10/11p

Sale

1,834

2.1180 GBP

Ordinary 10 10/11p

Sale

1,692

2.0800 GBP

Ordinary 10 10/11p

Sale

1,573

2.2146 GBP

Ordinary 10 10/11p

Sale

1,525

2.2064 GBP

Ordinary 10 10/11p

Sale

1,505

2.1307 GBP

Ordinary 10 10/11p

Sale

1,481

2.0823 GBP

Ordinary 10 10/11p

Sale

1,278

2.0951 GBP

Ordinary 10 10/11p

Sale

1,235

2.1330 GBP

Ordinary 10 10/11p

Sale

1,157

2.1410 GBP

Ordinary 10 10/11p

Sale

1,154

2.2509 GBP

Ordinary 10 10/11p

Sale

1,017

2.2600 GBP

Ordinary 10 10/11p

Sale

784

2.0993 GBP

Ordinary 10 10/11p

Sale

613

2.0847 GBP

Ordinary 10 10/11p

Sale

423

2.1548 GBP

Ordinary 10 10/11p

Sale

344

2.2530 GBP

Ordinary 10 10/11p

Sale

289

2.2500 GBP

Ordinary 10 10/11p

Sale

79

2.1340 GBP

Ordinary 10 10/11p

Sale

22

2.0880 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

10,000

2.0949 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

3

2.2900 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

5,166

2.1588 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

11,734

2.1655 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

36,544

2.1111 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

179,196

2.1546 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

295,935

2.1618 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

696,696

2.1451 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

16

2.1562 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

491

2.2548 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

709

2.2535 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

874

2.1548 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,950

2.1828 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

5,060

2.1287 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

5,430

2.2370 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

6,956

2.1665 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

15,843

2.1400 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

17,163

2.1576 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

20,977

2.1328 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

30,573

2.1636 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

31,374

2.1343 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

48,992

2.1654 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

50,000

2.2898 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

59,487

2.1415 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

60,008

2.2589 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

126,800

2.1965 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

646,085

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

344

2.2530 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

613

2.0847 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

784

2.0993 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

796

2.0780 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,278

2.0951 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,481

2.0823 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,525

2.2064 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,692

2.0800 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,917

2.1673 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,543

2.0794 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

5,634

2.1007 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

9,589

2.1676 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

20,375

2.0970 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

48,117

2.1431 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

148,271

2.1616 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

263,483

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

361,022

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

112

2.0780 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

387

2.1284 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

3,182

2.1315 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

18,105

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

22,208

2.1204 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

23,882

2.2173 GBP

Ordinary 10 10/11p

CFD

Increasing Short

27,437

2.1197 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

93,339

2.1001 GBP

Ordinary 10 10/11p

CFD

Increasing Short

153,680

2.1600 GBP

Ordinary 10 10/11p

SWAP

Opening Short

245,201

2.1600 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:

14 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213