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:

14 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:

15,045,901

1.15%

15,888,723

1.21%

(2)

Cash-settled derivatives:

and/or controlled:

6,673,571

0.51%

13,436,446

1.02%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,719,472

1.66%

29,325,169

2.24%

(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

573,673

2.1106 GBP

Ordinary 10 10/11p

Purchase

556,734

2.0900 GBP

Ordinary 10 10/11p

Purchase

243,601

2.1486 GBP

Ordinary 10 10/11p

Purchase

187,476

2.1292 GBP

Ordinary 10 10/11p

Purchase

124,673

2.0995 GBP

Ordinary 10 10/11p

Purchase

102,860

2.1040 GBP

Ordinary 10 10/11p

Purchase

72,477

2.0897 GBP

Ordinary 10 10/11p

Purchase

65,915

2.0679 GBP

Ordinary 10 10/11p

Purchase

55,895

2.0891 GBP

Ordinary 10 10/11p

Purchase

43,943

2.0849 GBP

Ordinary 10 10/11p

Purchase

42,509

2.0876 GBP

Ordinary 10 10/11p

Purchase

40,750

2.0755 GBP

Ordinary 10 10/11p

Purchase

37,800

2.0733 GBP

Ordinary 10 10/11p

Purchase

25,210

2.0908 GBP

Ordinary 10 10/11p

Purchase

21,283

2.0877 GBP

Ordinary 10 10/11p

Purchase

18,273

2.1162 GBP

Ordinary 10 10/11p

Purchase

13,138

2.0646 GBP

Ordinary 10 10/11p

Purchase

11,310

2.1084 GBP

Ordinary 10 10/11p

Purchase

7,500

2.0780 GBP

Ordinary 10 10/11p

Purchase

6,741

2.0950 GBP

Ordinary 10 10/11p

Purchase

5,867

2.1336 GBP

Ordinary 10 10/11p

Purchase

5,591

2.0590 GBP

Ordinary 10 10/11p

Purchase

5,395

2.0703 GBP

Ordinary 10 10/11p

Purchase

5,313

2.0745 GBP

Ordinary 10 10/11p

Purchase

5,254

2.0690 GBP

ADR

Purchase

4,400

10.5254 USD

Ordinary 10 10/11p

Purchase

4,017

2.0777 GBP

Ordinary 10 10/11p

Purchase

3,683

2.0773 GBP

Ordinary 10 10/11p

Purchase

2,707

2.1288 GBP

Ordinary 10 10/11p

Purchase

2,584

2.0866 GBP

Ordinary 10 10/11p

Purchase

2,390

2.0670 GBP

Ordinary 10 10/11p

Purchase

1,733

2.1202 GBP

ADR

Purchase

1,600

10.4600 USD

Ordinary 10 10/11p

Purchase

1,584

2.0730 GBP

Ordinary 10 10/11p

Purchase

1,283

2.0750 GBP

Ordinary 10 10/11p

Purchase

833

2.1765 GBP

Ordinary 10 10/11p

Purchase

180

2.1093 GBP

Ordinary 10 10/11p

Purchase

1

2.1730 GBP

Ordinary 10 10/11p

Sale

303,101

2.0900 GBP

Ordinary 10 10/11p

Sale

260,152

2.0899 GBP

Ordinary 10 10/11p

Sale

259,017

2.0928 GBP

Ordinary 10 10/11p

Sale

257,940

2.0925 GBP

Ordinary 10 10/11p

Sale

67,094

2.0941 GBP

Ordinary 10 10/11p

Sale

66,415

2.0657 GBP

Ordinary 10 10/11p

Sale

47,900

2.1804 GBP

Ordinary 10 10/11p

Sale

43,016

2.1870 GBP

Ordinary 10 10/11p

Sale

41,770

2.0948 GBP

Ordinary 10 10/11p

Sale

40,471

2.1590 GBP

Ordinary 10 10/11p

Sale

36,464

2.0817 GBP

Ordinary 10 10/11p

Sale

34,028

2.0646 GBP

Ordinary 10 10/11p

Sale

32,699

2.1293 GBP

Ordinary 10 10/11p

Sale

19,271

2.1006 GBP

Ordinary 10 10/11p

Sale

14,854

2.0716 GBP

Ordinary 10 10/11p

Sale

13,733

2.1461 GBP

Ordinary 10 10/11p

Sale

13,372

2.0666 GBP

Ordinary 10 10/11p

Sale

13,119

2.1037 GBP

Ordinary 10 10/11p

Sale

11,422

2.0696 GBP

Ordinary 10 10/11p

Sale

10,845

2.1746 GBP

Ordinary 10 10/11p

Sale

8,514

2.1591 GBP

Ordinary 10 10/11p

Sale

7,200

2.0644 GBP

Ordinary 10 10/11p

Sale

4,740

2.0989 GBP

Ordinary 10 10/11p

Sale

4,721

2.0780 GBP

Ordinary 10 10/11p

Sale

4,584

2.0637 GBP

ADR

Sale

4,400

10.5254 USD

Ordinary 10 10/11p

Sale

4,191

2.1960 GBP

Ordinary 10 10/11p

Sale

3,040

2.0938 GBP

Ordinary 10 10/11p

Sale

2,956

2.0610 GBP

Ordinary 10 10/11p

Sale

2,584

2.0868 GBP

Ordinary 10 10/11p

Sale

2,460

2.1209 GBP

Ordinary 10 10/11p

Sale

2,390

2.0672 GBP

Ordinary 10 10/11p

Sale

2,244

2.0600 GBP

Ordinary 10 10/11p

Sale

1,812

2.0750 GBP

Ordinary 10 10/11p

Sale

1,687

2.1575 GBP

Ordinary 10 10/11p

Sale

1,619

2.0810 GBP

ADR

Sale

1,600

10.4600 USD

Ordinary 10 10/11p

Sale

1,268

2.1492 GBP

Ordinary 10 10/11p

Sale

1,156

2.0665 GBP

Ordinary 10 10/11p

Sale

833

2.1765 GBP

Ordinary 10 10/11p

Sale

658

2.0477 GBP

Ordinary 10 10/11p

Sale

640

2.1974 GBP

Ordinary 10 10/11p

Sale

469

2.0612 GBP

Ordinary 10 10/11p

Sale

180

2.1095 GBP

Ordinary 10 10/11p

Sale

164

2.0719 GBP

Ordinary 10 10/11p

Sale

1

2.1730 GBP

Ordinary 10 10/11p

Sale

124

2.0888 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

3,021

2.0900 GBP

Ordinary 10 10/11p

SWAP

Closing Short

19,925

2.0898 GBP

Ordinary 10 10/11p

SWAP

Closing Short

41,770

2.0948 GBP

Ordinary 10 10/11p

SWAP

Closing Short

43,339

2.1588 GBP

Ordinary 10 10/11p

SWAP

Closing Short

50,000

2.1898 GBP

Ordinary 10 10/11p

SWAP

Closing Short

67,094

2.0941 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

20

2.1390 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

509

2.1800 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

917

2.1830 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,546

2.1468 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

4,001

2.1351 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

4,308

2.0900 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

4,321

2.1288 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

7,955

2.1489 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

10,478

2.1349 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

11,831

2.0873 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

18,787

2.1463 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

86,101

2.0937 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

89,880

2.1695 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

124,673

2.0995 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

573,673

2.1106 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,160

2.0853 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,792

2.0767 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

2,269

2.0900 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

2,374

2.0775 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

3,040

2.0938 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

5,990

2.0719 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

7,679

2.0842 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

10,429

2.1062 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

13,947

2.1929 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

43,016

2.1869 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

47,900

2.1804 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

51,586

2.0618 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

210,300

2.0899 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

164

2.0719 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

658

2.0477 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

704

2.0780 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,460

2.1209 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,615

2.0644 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,956

2.0610 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,674

2.0782 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

4,584

2.0637 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

5,680

2.1471 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

13,372

2.0666 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

14,854

2.0716 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

34,028

2.0646 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

36,464

2.0817 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

49,732

2.0916 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

49,852

2.0899 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

58,300

2.0900 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

148,086

2.0889 GBP

Ordinary 10 10/11p

CFD

Increasing Short

495

2.0588 GBP

Ordinary 10 10/11p

CFD

Increasing Short

871

2.0483 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

5,914

2.1300 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

12,421

2.1951 GBP

Ordinary 10 10/11p

CFD

Increasing Short

12,484

2.0799 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

15,300

2.0593 GBP

Ordinary 10 10/11p

CFD

Increasing Short

17,037

2.0732 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

37,800

2.0733 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

40,750

2.0757 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

54,301

2.1713 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

170,965

2.1387 GBP

Ordinary 10 10/11p

CFD

Increasing Short

433,998

2.0900 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:

15 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213