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:

05 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:

17,968,024

1.37%

16,012,702

1.22%

(2)

Cash-settled derivatives:

and/or controlled:

6,126,651

0.47%

16,486,293

1.26%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

24,094,675

1.84%

32,498,995

2.48%

(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

351,652

2.1600 GBP

Ordinary 10 10/11p

Purchase

192,314

2.0990 GBP

Ordinary 10 10/11p

Purchase

152,097

2.1014 GBP

Ordinary 10 10/11p

Purchase

143,089

2.1055 GBP

Ordinary 10 10/11p

Purchase

129,872

2.1544 GBP

Ordinary 10 10/11p

Purchase

72,785

2.1120 GBP

Ordinary 10 10/11p

Purchase

68,118

2.0900 GBP

Ordinary 10 10/11p

Purchase

46,180

2.1004 GBP

Ordinary 10 10/11p

Purchase

28,458

2.1287 GBP

Ordinary 10 10/11p

Purchase

28,152

2.1501 GBP

Ordinary 10 10/11p

Purchase

24,174

2.1127 GBP

Ordinary 10 10/11p

Purchase

22,699

2.0975 GBP

Ordinary 10 10/11p

Purchase

20,091

2.1564 GBP

Ordinary 10 10/11p

Purchase

20,041

2.0973 GBP

Ordinary 10 10/11p

Purchase

18,810

2.0997 GBP

Ordinary 10 10/11p

Purchase

13,535

2.0958 GBP

Ordinary 10 10/11p

Purchase

10,461

2.1223 GBP

Ordinary 10 10/11p

Purchase

10,219

2.1448 GBP

Ordinary 10 10/11p

Purchase

9,791

2.0988 GBP

Ordinary 10 10/11p

Purchase

8,412

2.0957 GBP

Ordinary 10 10/11p

Purchase

4,334

2.1175 GBP

Ordinary 10 10/11p

Purchase

4,212

2.0993 GBP

Ordinary 10 10/11p

Purchase

3,921

2.1519 GBP

Ordinary 10 10/11p

Purchase

3,658

2.1275 GBP

Ordinary 10 10/11p

Purchase

3,201

2.1026 GBP

Ordinary 10 10/11p

Purchase

2,559

2.1024 GBP

Ordinary 10 10/11p

Purchase

2,540

2.1179 GBP

Ordinary 10 10/11p

Purchase

2,354

2.1140 GBP

Ordinary 10 10/11p

Purchase

1,803

2.1201 GBP

Ordinary 10 10/11p

Purchase

1,415

2.1099 GBP

Ordinary 10 10/11p

Purchase

1,409

2.1015 GBP

Ordinary 10 10/11p

Purchase

1,200

2.1300 GBP

Ordinary 10 10/11p

Purchase

1,100

2.0896 GBP

Ordinary 10 10/11p

Purchase

1,024

2.1005 GBP

Ordinary 10 10/11p

Purchase

1,023

2.0970 GBP

Ordinary 10 10/11p

Purchase

993

2.1250 GBP

Ordinary 10 10/11p

Purchase

891

2.1598 GBP

Ordinary 10 10/11p

Sale

1,509,721

2.1595 GBP

Ordinary 10 10/11p

Sale

522,613

2.1026 GBP

Ordinary 10 10/11p

Sale

220,763

2.1597 GBP

Ordinary 10 10/11p

Sale

200,006

2.1600 GBP

Ordinary 10 10/11p

Sale

79,670

2.1599 GBP

Ordinary 10 10/11p

Sale

75,887

2.1335 GBP

Ordinary 10 10/11p

Sale

68,213

2.1373 GBP

Ordinary 10 10/11p

Sale

50,970

2.1411 GBP

Ordinary 10 10/11p

Sale

46,315

2.1184 GBP

Ordinary 10 10/11p

Sale

40,995

2.1447 GBP

Ordinary 10 10/11p

Sale

33,211

2.1209 GBP

Ordinary 10 10/11p

Sale

29,758

2.1279 GBP

Ordinary 10 10/11p

Sale

29,574

2.1094 GBP

Ordinary 10 10/11p

Sale

26,005

2.1543 GBP

Ordinary 10 10/11p

Sale

25,835

2.1120 GBP

Ordinary 10 10/11p

Sale

15,153

2.1179 GBP

Ordinary 10 10/11p

Sale

14,821

2.1367 GBP

Ordinary 10 10/11p

Sale

12,778

2.1364 GBP

Ordinary 10 10/11p

Sale

11,653

2.1601 GBP

Ordinary 10 10/11p

Sale

10,661

2.1319 GBP

Ordinary 10 10/11p

Sale

4,141

2.1424 GBP

Ordinary 10 10/11p

Sale

4,032

2.1505 GBP

Ordinary 10 10/11p

Sale

3,959

2.1361 GBP

Ordinary 10 10/11p

Sale

3,950

2.1286 GBP

Ordinary 10 10/11p

Sale

3,386

2.1244 GBP

Ordinary 10 10/11p

Sale

3,293

2.0963 GBP

Ordinary 10 10/11p

Sale

2,600

2.0968 GBP

Ordinary 10 10/11p

Sale

2,434

2.1460 GBP

Ordinary 10 10/11p

Sale

1,555

2.1240 GBP

Ordinary 10 10/11p

Sale

1,495

2.1290 GBP

Ordinary 10 10/11p

Sale

1,293

2.1347 GBP

Ordinary 10 10/11p

Sale

1,024

2.1005 GBP

Ordinary 10 10/11p

Sale

1,023

2.0970 GBP

Ordinary 10 10/11p

Sale

769

2.1079 GBP

Ordinary 10 10/11p

Sale

299

2.1388 GBP

Ordinary 10 10/11p

Sale

-343

2.1593 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

649

2.0970 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

16,198

2.1134 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

45,156

2.1004 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

272

2.1519 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

299

2.1388 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

749

2.1470 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,023

2.0969 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,293

2.1347 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

3,959

2.1361 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

4,764

2.1598 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

5,538

2.1127 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

6,449

2.1501 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

6,519

2.1287 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

7,817

2.1472 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

9,788

2.1127 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

10,700

2.1493 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

11,399

2.1501 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

11,523

2.1287 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

20,750

2.1597 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

25,125

2.1527 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

32,157

2.1440 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

37,280

2.1242 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

42,010

2.1600 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

79,670

2.1599 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

220,763

2.1597 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

769

2.1079 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,293

2.0963 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

10,782

2.1065 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

29,360

2.1207 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

29,574

2.1094 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

31,776

2.1248 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

33,211

2.1209 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

57,284

2.1595 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

75,887

2.1335 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,435,868

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

9,380

2.0957 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

16,078

2.1135 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

26,300

2.1209 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

65,000

2.0902 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

95,007

2.1600 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

117,631

2.1052 GBP

Ordinary 10 10/11p

CFD

Increasing Short

260,255

2.1600 GBP

Ordinary 10 10/11p

SWAP

Opening Short

6,938

2.1601 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:

06 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213