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:

20 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:

16,105,941

1.23%

9,529,620

0.73%

(2)

Cash-settled derivatives:

and/or controlled:

4,961,842

0.38%

14,541,261

1.11%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,067,783

1.61%

24,070,881

1.84%

(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

289,462

2.1152 GBP

Ordinary 10 10/11p

Purchase

225,067

2.1310 GBP

Ordinary 10 10/11p

Purchase

199,890

2.1150 GBP

Ordinary 10 10/11p

Purchase

120,948

2.1148 GBP

Ordinary 10 10/11p

Purchase

104,546

2.1162 GBP

Ordinary 10 10/11p

Purchase

79,877

2.1210 GBP

Ordinary 10 10/11p

Purchase

75,921

2.1134 GBP

Ordinary 10 10/11p

Purchase

66,905

2.1142 GBP

Ordinary 10 10/11p

Purchase

49,504

2.1181 GBP

Ordinary 10 10/11p

Purchase

36,229

2.1214 GBP

Ordinary 10 10/11p

Purchase

23,171

2.1141 GBP

Ordinary 10 10/11p

Purchase

13,092

2.1201 GBP

Ordinary 10 10/11p

Purchase

12,742

2.1093 GBP

Ordinary 10 10/11p

Purchase

10,436

2.1120 GBP

Ordinary 10 10/11p

Purchase

9,972

2.1169 GBP

Ordinary 10 10/11p

Purchase

9,912

2.1282 GBP

Ordinary 10 10/11p

Purchase

9,556

2.1262 GBP

Ordinary 10 10/11p

Purchase

5,700

2.1053 GBP

Ordinary 10 10/11p

Purchase

3,417

2.1208 GBP

Ordinary 10 10/11p

Purchase

3,087

2.1173 GBP

Ordinary 10 10/11p

Purchase

1,556

2.1300 GBP

Ordinary 10 10/11p

Purchase

1,489

2.1050 GBP

Ordinary 10 10/11p

Purchase

1,307

2.1226 GBP

Ordinary 10 10/11p

Purchase

1,250

2.1225 GBP

ADR

Purchase

800

11.0000 USD

Ordinary 10 10/11p

Purchase

705

2.1161 GBP

Ordinary 10 10/11p

Purchase

573

2.1090 GBP

Ordinary 10 10/11p

Purchase

553

2.1085 GBP

Ordinary 10 10/11p

Purchase

58

2.1020 GBP

Ordinary 10 10/11p

Purchase

34

2.1063 GBP

Ordinary 10 10/11p

Purchase

8

2.1067 GBP

Ordinary 10 10/11p

Purchase

4

2.1100 GBP

Ordinary 10 10/11p

Sale

256,775

2.1155 GBP

Ordinary 10 10/11p

Sale

229,297

2.1151 GBP

Ordinary 10 10/11p

Sale

223,451

2.1310 GBP

Ordinary 10 10/11p

Sale

80,304

2.1210 GBP

Ordinary 10 10/11p

Sale

69,259

2.1150 GBP

Ordinary 10 10/11p

Sale

57,460

2.1152 GBP

Ordinary 10 10/11p

Sale

48,649

2.1267 GBP

Ordinary 10 10/11p

Sale

35,376

2.1153 GBP

Ordinary 10 10/11p

Sale

34,990

2.1145 GBP

Ordinary 10 10/11p

Sale

30,043

2.1148 GBP

Ordinary 10 10/11p

Sale

28,990

2.1113 GBP

Ordinary 10 10/11p

Sale

10,951

2.1100 GBP

Ordinary 10 10/11p

Sale

9,462

2.1065 GBP

Ordinary 10 10/11p

Sale

3,571

2.1269 GBP

Ordinary 10 10/11p

Sale

3,251

2.1097 GBP

Ordinary 10 10/11p

Sale

1,842

2.1167 GBP

Ordinary 10 10/11p

Sale

1,434

2.1070 GBP

Ordinary 10 10/11p

Sale

906

2.1075 GBP

ADR

Sale

800

11.0000 USD

Ordinary 10 10/11p

Sale

380

2.1090 GBP

Ordinary 10 10/11p

Sale

331

2.1050 GBP

Ordinary 10 10/11p

Sale

280

2.1080 GBP

Ordinary 10 10/11p

Sale

280

2.1101 GBP

Ordinary 10 10/11p

Sale

100

2.1230 GBP

Ordinary 10 10/11p

Sale

18

2.1170 GBP

Ordinary 10 10/11p

Sale

14

2.1192 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

168

2.1172 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,586

2.1169 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

3,417

2.1208 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

3,954

2.1168 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

9,556

2.1262 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

10,622

2.1139 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

10,998

2.1259 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

12,012

2.1161 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

29,784

2.1158 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

31,592

2.1211 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

36,229

2.1214 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

240,445

2.1150 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,842

2.1167 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

4,877

2.1300 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

5,767

2.1247 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

35,376

2.1153 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

42,882

2.1270 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

59,649

2.1150 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

6

2.1200 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

14

2.1189 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

280

2.1080 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,560

2.1259 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,235

2.1270 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,371

2.1094 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

10,943

2.1100 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

28,990

2.1113 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

34,990

2.1145 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

41,339

2.1150 GBP

Ordinary 10 10/11p

CFD

Increasing Short

800

2.1091 GBP

Ordinary 10 10/11p

CFD

Increasing Short

1,412

2.1150 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

1,838

2.1198 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

7,697

2.1131 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

10,412

2.1185 GBP

Ordinary 10 10/11p

CFD

Increasing Short

11,686

2.1137 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

13,861

2.1150 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

15,500

2.1204 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

55,974

2.1123 GBP

Ordinary 10 10/11p

SWAP

Opening Short

429

2.1151 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:

21 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213