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:

12 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:

15,394,976

1.17%

16,608,532

1.27%

(2)

Cash-settled derivatives:

and/or controlled:

7,538,198

0.57%

13,805,954

1.05%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,933,174

1.75%

30,414,486

2.32%

(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

189,896

2.2626 GBP

Ordinary 10 10/11p

Purchase

131,345

2.2580 GBP

Ordinary 10 10/11p

Purchase

90,019

2.2512 GBP

Ordinary 10 10/11p

Purchase

75,005

2.2590 GBP

Ordinary 10 10/11p

Purchase

60,732

2.2687 GBP

Ordinary 10 10/11p

Purchase

36,320

2.2496 GBP

Ordinary 10 10/11p

Purchase

33,029

2.2439 GBP

Ordinary 10 10/11p

Purchase

31,104

2.2463 GBP

Ordinary 10 10/11p

Purchase

27,218

2.2442 GBP

Ordinary 10 10/11p

Purchase

25,741

2.2437 GBP

Ordinary 10 10/11p

Purchase

19,833

2.2475 GBP

Ordinary 10 10/11p

Purchase

16,869

2.2412 GBP

Ordinary 10 10/11p

Purchase

13,885

2.2625 GBP

Ordinary 10 10/11p

Purchase

13,628

2.2527 GBP

Ordinary 10 10/11p

Purchase

9,500

2.2345 GBP

Ordinary 10 10/11p

Purchase

8,513

2.2498 GBP

ADR

Purchase

5,760

11.4579 USD

Ordinary 10 10/11p

Purchase

5,132

2.2540 GBP

Ordinary 10 10/11p

Purchase

4,769

2.2468 GBP

Ordinary 10 10/11p

Purchase

4,347

2.2630 GBP

Ordinary 10 10/11p

Purchase

4,334

2.2435 GBP

Ordinary 10 10/11p

Purchase

3,929

2.2443 GBP

Ordinary 10 10/11p

Purchase

3,855

2.2457 GBP

Ordinary 10 10/11p

Purchase

3,786

2.2600 GBP

Ordinary 10 10/11p

Purchase

3,123

2.2461 GBP

Ordinary 10 10/11p

Purchase

2,597

2.2477 GBP

Ordinary 10 10/11p

Purchase

2,433

2.2570 GBP

Ordinary 10 10/11p

Purchase

1,926

2.2460 GBP

Ordinary 10 10/11p

Purchase

1,825

2.2280 GBP

Ordinary 10 10/11p

Purchase

1,783

2.2436 GBP

Ordinary 10 10/11p

Purchase

1,604

2.2577 GBP

Ordinary 10 10/11p

Purchase

1,509

2.2377 GBP

Ordinary 10 10/11p

Purchase

1,399

2.2610 GBP

Ordinary 10 10/11p

Purchase

1,274

2.2585 GBP

Ordinary 10 10/11p

Purchase

772

2.2528 GBP

Ordinary 10 10/11p

Purchase

722

2.2587 GBP

Ordinary 10 10/11p

Purchase

574

2.2337 GBP

Ordinary 10 10/11p

Purchase

22

2.2480 GBP

Ordinary 10 10/11p

Sale

283,014

2.2553 GBP

Ordinary 10 10/11p

Sale

101,876

2.2465 GBP

Ordinary 10 10/11p

Sale

75,000

2.2658 GBP

Ordinary 10 10/11p

Sale

71,263

2.2524 GBP

Ordinary 10 10/11p

Sale

69,417

2.2364 GBP

Ordinary 10 10/11p

Sale

60,685

2.2688 GBP

Ordinary 10 10/11p

Sale

54,127

2.2408 GBP

Ordinary 10 10/11p

Sale

53,609

2.2528 GBP

Ordinary 10 10/11p

Sale

41,594

2.2495 GBP

Ordinary 10 10/11p

Sale

41,066

2.2385 GBP

Ordinary 10 10/11p

Sale

35,623

2.2463 GBP

Ordinary 10 10/11p

Sale

34,768

2.2411 GBP

Ordinary 10 10/11p

Sale

34,701

2.2523 GBP

Ordinary 10 10/11p

Sale

25,042

2.2588 GBP

Ordinary 10 10/11p

Sale

17,442

2.2575 GBP

Ordinary 10 10/11p

Sale

17,207

2.2580 GBP

Ordinary 10 10/11p

Sale

16,225

2.2519 GBP

Ordinary 10 10/11p

Sale

16,030

2.2579 GBP

Ordinary 10 10/11p

Sale

15,269

2.2434 GBP

Ordinary 10 10/11p

Sale

13,984

2.2573 GBP

Ordinary 10 10/11p

Sale

13,383

2.2610 GBP

Ordinary 10 10/11p

Sale

11,001

2.2597 GBP

Ordinary 10 10/11p

Sale

7,581

2.2592 GBP

Ordinary 10 10/11p

Sale

7,313

2.2630 GBP

Ordinary 10 10/11p

Sale

6,349

2.2477 GBP

Ordinary 10 10/11p

Sale

6,132

2.2547 GBP

ADR

Sale

5,760

11.4579 USD

Ordinary 10 10/11p

Sale

5,667

2.2460 GBP

Ordinary 10 10/11p

Sale

5,132

2.2542 GBP

Ordinary 10 10/11p

Sale

4,347

2.2632 GBP

Ordinary 10 10/11p

Sale

3,862

2.2459 GBP

Ordinary 10 10/11p

Sale

3,841

2.2570 GBP

Ordinary 10 10/11p

Sale

3,786

2.2600 GBP

Ordinary 10 10/11p

Sale

3,341

2.2474 GBP

Ordinary 10 10/11p

Sale

3,209

2.2426 GBP

Ordinary 10 10/11p

Sale

2,994

2.2590 GBP

Ordinary 10 10/11p

Sale

1,825

2.2280 GBP

Ordinary 10 10/11p

Sale

1,728

2.2320 GBP

Ordinary 10 10/11p

Sale

1,130

2.2431 GBP

Ordinary 10 10/11p

Sale

913

2.2494 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

7

2.2459 GBP

Ordinary 10 10/11p

SWAP

Closing Short

619

2.2337 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

971

2.2450 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

14,391

2.2481 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

25,741

2.2437 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

46,540

2.2579 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

50,894

2.2451 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

446

2.2587 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

834

2.2492 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

913

2.2494 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,608

2.2471 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,800

2.2453 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

2,929

2.2461 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

3,605

2.2544 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

4,562

2.2385 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

7,581

2.2592 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

8,701

2.2485 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

10,414

2.2579 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

13,984

2.2573 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

14,426

2.2579 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

16,095

2.2364 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

16,782

2.2442 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

19,575

2.2397 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

25,042

2.2588 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

28,100

2.2488 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

41,737

2.2625 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

54,127

2.2408 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

71,263

2.2524 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

476

2.2330 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,728

2.2320 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

6,243

2.2429 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

9,849

2.2444 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

15,269

2.2434 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

17,442

2.2575 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

66,967

2.2419 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

69,417

2.2364 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

110,840

2.2580 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

122,211

2.2579 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

647

2.2581 GBP

Ordinary 10 10/11p

CFD

Increasing Short

1,825

2.2280 GBP

Ordinary 10 10/11p

CFD

Increasing Short

2,832

2.2452 GBP

Ordinary 10 10/11p

CFD

Increasing Short

131,218

2.2579 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:

13 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213