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:

15 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:

15,757,636

1.20%

10,380,337

0.79%

(2)

Cash-settled derivatives:

and/or controlled:

5,865,963

0.45%

14,211,099

1.08%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,623,599

1.65%

24,591,436

1.88%

(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

4,749,736

2.0710 GBP

Ordinary 10 10/11p

Purchase

669,542

2.1312 GBP

Ordinary 10 10/11p

Purchase

584,241

2.1164 GBP

Ordinary 10 10/11p

Purchase

519,657

2.0892 GBP

Ordinary 10 10/11p

Purchase

216,940

2.0921 GBP

Ordinary 10 10/11p

Purchase

189,026

2.0852 GBP

Ordinary 10 10/11p

Purchase

188,737

2.0988 GBP

Ordinary 10 10/11p

Purchase

159,147

2.1183 GBP

Ordinary 10 10/11p

Purchase

113,145

2.0865 GBP

Ordinary 10 10/11p

Purchase

100,682

2.0830 GBP

Ordinary 10 10/11p

Purchase

75,400

2.0798 GBP

Ordinary 10 10/11p

Purchase

47,505

2.0818 GBP

Ordinary 10 10/11p

Purchase

40,627

2.1416 GBP

Ordinary 10 10/11p

Purchase

39,998

2.0819 GBP

Ordinary 10 10/11p

Purchase

27,950

2.1465 GBP

Ordinary 10 10/11p

Purchase

26,600

2.1487 GBP

Ordinary 10 10/11p

Purchase

20,644

2.0808 GBP

Ordinary 10 10/11p

Purchase

15,191

2.0825 GBP

Ordinary 10 10/11p

Purchase

13,845

2.1063 GBP

Ordinary 10 10/11p

Purchase

11,450

2.0800 GBP

Ordinary 10 10/11p

Purchase

10,332

2.0834 GBP

Ordinary 10 10/11p

Purchase

5,602

2.0754 GBP

Ordinary 10 10/11p

Purchase

5,426

2.1377 GBP

Ordinary 10 10/11p

Purchase

4,410

2.0686 GBP

ADR

Purchase

3,800

10.6280 USD

Ordinary 10 10/11p

Purchase

3,126

2.0828 GBP

Ordinary 10 10/11p

Purchase

3,037

2.1634 GBP

Ordinary 10 10/11p

Purchase

2,517

2.0914 GBP

Ordinary 10 10/11p

Purchase

2,363

2.0714 GBP

ADR

Purchase

1,880

10.5142 USD

Ordinary 10 10/11p

Purchase

1,854

2.0790 GBP

Ordinary 10 10/11p

Purchase

1,831

2.1082 GBP

Ordinary 10 10/11p

Purchase

1,782

2.1074 GBP

Ordinary 10 10/11p

Purchase

1,769

2.1148 GBP

Ordinary 10 10/11p

Purchase

1,728

2.0780 GBP

Ordinary 10 10/11p

Purchase

1,527

2.0592 GBP

Ordinary 10 10/11p

Purchase

1,401

2.1234 GBP

Ordinary 10 10/11p

Purchase

1,356

2.1000 GBP

Ordinary 10 10/11p

Purchase

1,304

2.0778 GBP

Ordinary 10 10/11p

Purchase

800

2.0815 GBP

Ordinary 10 10/11p

Purchase

663

2.1270 GBP

Ordinary 10 10/11p

Purchase

484

2.0605 GBP

Ordinary 10 10/11p

Purchase

381

2.1500 GBP

Ordinary 10 10/11p

Purchase

332

2.0680 GBP

Ordinary 10 10/11p

Purchase

247

2.0520 GBP

Ordinary 10 10/11p

Purchase

111

2.0570 GBP

Ordinary 10 10/11p

Purchase

3

2.1550 GBP

Ordinary 10 10/11p

Sale

509,642

2.1151 GBP

Ordinary 10 10/11p

Sale

296,050

2.0830 GBP

Ordinary 10 10/11p

Sale

113,145

2.0865 GBP

Ordinary 10 10/11p

Sale

90,740

2.1078 GBP

Ordinary 10 10/11p

Sale

87,662

2.1070 GBP

Ordinary 10 10/11p

Sale

81,897

2.1040 GBP

Ordinary 10 10/11p

Sale

61,235

2.1093 GBP

Ordinary 10 10/11p

Sale

47,063

2.1211 GBP

Ordinary 10 10/11p

Sale

37,530

2.0840 GBP

Ordinary 10 10/11p

Sale

31,115

2.0750 GBP

Ordinary 10 10/11p

Sale

28,534

2.1087 GBP

Ordinary 10 10/11p

Sale

28,200

2.1417 GBP

Ordinary 10 10/11p

Sale

26,764

2.1192 GBP

Ordinary 10 10/11p

Sale

20,617

2.0971 GBP

Ordinary 10 10/11p

Sale

16,487

2.0752 GBP

Ordinary 10 10/11p

Sale

15,080

2.1147 GBP

Ordinary 10 10/11p

Sale

10,488

2.0788 GBP

Ordinary 10 10/11p

Sale

9,426

2.0911 GBP

Ordinary 10 10/11p

Sale

8,944

2.1023 GBP

Ordinary 10 10/11p

Sale

8,143

2.1372 GBP

Ordinary 10 10/11p

Sale

7,157

2.0871 GBP

Ordinary 10 10/11p

Sale

7,071

2.1329 GBP

Ordinary 10 10/11p

Sale

6,009

2.0825 GBP

Ordinary 10 10/11p

Sale

4,501

2.1496 GBP

Ordinary 10 10/11p

Sale

4,401

2.1420 GBP

Ordinary 10 10/11p

Sale

4,362

2.1348 GBP

Ordinary 10 10/11p

Sale

4,287

2.1554 GBP

ADR

Sale

3,800

10.6280 USD

Ordinary 10 10/11p

Sale

3,637

2.1062 GBP

Ordinary 10 10/11p

Sale

3,325

2.1224 GBP

Ordinary 10 10/11p

Sale

3,028

2.0770 GBP

Ordinary 10 10/11p

Sale

3,024

2.0795 GBP

Ordinary 10 10/11p

Sale

2,712

2.1000 GBP

Ordinary 10 10/11p

Sale

2,183

2.0800 GBP

Ordinary 10 10/11p

Sale

1,900

2.1470 GBP

ADR

Sale

1,880

10.5142 USD

Ordinary 10 10/11p

Sale

1,854

2.0790 GBP

Ordinary 10 10/11p

Sale

1,782

2.1076 GBP

Ordinary 10 10/11p

Sale

1,728

2.0780 GBP

Ordinary 10 10/11p

Sale

1,666

2.0900 GBP

Ordinary 10 10/11p

Sale

900

2.0913 GBP

Ordinary 10 10/11p

Sale

663

2.1270 GBP

Ordinary 10 10/11p

Sale

657

2.0892 GBP

Ordinary 10 10/11p

Sale

624

2.1230 GBP

Ordinary 10 10/11p

Sale

331

2.1400 GBP

Ordinary 10 10/11p

Sale

237

2.1380 GBP

Ordinary 10 10/11p

Sale

24

2.0880 GBP

Ordinary 10 10/11p

Sale

3

2.1552 GBP

Ordinary 10 10/11p

Sale

81

2.0818 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

1,028

2.1100 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

5,791

2.1189 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

8,403

2.1580 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

9,376

2.1203 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

14,688

2.1194 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

26,146

2.1245 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

63,127

2.1224 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

72,153

2.0938 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

82,368

2.0830 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

216,940

2.0921 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

376,196

2.1323 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

519,657

2.0892 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

113

2.0900 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

350

2.0758 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

859

2.0961 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,530

2.0775 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,873

2.1634 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

5,295

2.1543 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

10,745

2.0901 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

16,400

2.1487 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

28,200

2.1417 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

56,209

2.0830 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

130,841

2.0829 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,900

2.1470 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

6,009

2.0825 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

10,491

2.1024 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

15,080

2.1147 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

47,063

2.1211 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

209,244

2.0830 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

298,478

2.1377 GBP

Ordinary 10 10/11p

CFD

Increasing Short

760

2.1211 GBP

Ordinary 10 10/11p

CFD

Increasing Short

3,040

2.0837 GBP

Ordinary 10 10/11p

CFD

Increasing Short

9,508

2.0719 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

14,061

2.1286 GBP

Ordinary 10 10/11p

CFD

Increasing Short

23,104

2.0830 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

37,000

2.1482 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

37,682

2.1324 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

43,200

2.0843 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

47,830

2.0830 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

75,400

2.0798 GBP

Ordinary 10 10/11p

CFD

Increasing Short

113,145

2.0865 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

251,783

2.1382 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

366,016

2.1264 GBP

Ordinary 10 10/11p

SWAP

Opening Short

129

2.1350 GBP

Ordinary 10 10/11p

SWAP

Opening Short

4,410

2.0686 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:

18 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213