Last checked at 22 Mar 2024 15:00
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: | Citadel Group |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | N/A |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | AGEAS SA/NV |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 21 March 2024 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES DIRECT LINE INSURANCE GROUP PLC |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: Common Stock | ISIN BE0974264930 | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 561,680 | 0.29 | 3,949 | 0.00 |
(2) Cash-settled derivatives:
| 17,336 | 0.00 | 210,147 | 0.11 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 579,016 | 0.30 | 214,096 | 0.11 |
Class of relevant security: Common Stock | ISIN US00844W2089 | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 0 | 0.00 | 0 | 0.00 |
(2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 0 | 0.00 | 0 | 0.00 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: | N/A |
Details, including nature of the rights concerned and relevant percentages: | N/A |
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit |
Common | Buy Transaction | 101 | 40.6000 EUR |
Common | Buy Transaction | 276 | 40.6100 EUR |
Common | Buy Transaction | 842 | 40.6300 EUR |
Common | Buy Transaction | 68 | 40.6400 EUR |
Common | Buy Transaction | 444 | 40.6500 EUR |
Common | Buy Transaction | 305 | 40.6600 EUR |
Common | Buy Transaction | 30 | 40.6650 EUR |
Common | Buy Transaction | 591 | 40.6700 EUR |
Common | Buy Transaction | 306 | 40.6800 EUR |
Common | Buy Transaction | 493 | 40.6900 EUR |
Common | Buy Transaction | 7,113 | 40.7000 EUR |
Common | Buy Transaction | 181 | 40.7100 EUR |
Common | Buy Transaction | 694 | 40.7200 EUR |
Common | Buy Transaction | 643 | 40.7300 EUR |
Common | Buy Transaction | 946 | 40.7400 EUR |
Common | Buy Transaction | 1,201 | 40.7500 EUR |
Common | Buy Transaction | 978 | 40.7600 EUR |
Common | Buy Transaction | 514 | 40.7700 EUR |
Common | Buy Transaction | 405 | 40.7800 EUR |
Common | Buy Transaction | 602 | 40.7819 EUR |
Common | Buy Transaction | 221 | 40.7900 EUR |
Common | Buy Transaction | 584 | 40.8000 EUR |
Common | Buy Transaction | 622 | 40.8100 EUR |
Common | Buy Transaction | 1,155 | 40.8200 EUR |
Common | Buy Transaction | 1,074 | 40.8300 EUR |
Common | Buy Transaction | 602 | 40.8400 EUR |
Common | Buy Transaction | 1,334 | 40.8500 EUR |
Common | Buy Transaction | 84 | 40.8700 EUR |
Common | Buy Transaction | 256 | 40.8800 EUR |
Common | Buy Transaction | 98 | 40.8900 EUR |
Common | Buy Transaction | 100 | 40.9100 EUR |
Common | Buy Transaction | 68 | 40.9400 EUR |
Common | Buy Transaction | 226 | 40.9700 EUR |
Common | Buy Transaction | 96 | 40.9800 EUR |
Common | Buy Transaction | 90 | 41.0000 EUR |
Common | Buy Transaction | 125 | 44.2000 USD |
Common | Buy Transaction | 3 | 44.2250 USD |
Common | Buy Transaction | 69 | 44.2600 USD |
Common | Buy Transaction | 20 | 44.3350 USD |
Common | Sell Transaction | 60 | 40.6000 EUR |
Common | Sell Transaction | 302 | 40.6100 EUR |
Common | Sell Transaction | 686 | 40.6200 EUR |
Common | Sell Transaction | 1,510 | 40.6300 EUR |
Common | Sell Transaction | 243 | 40.6400 EUR |
Common | Sell Transaction | 444 | 40.6500 EUR |
Common | Sell Transaction | 352 | 40.6600 EUR |
Common | Sell Transaction | 26 | 40.6700 EUR |
Common | Sell Transaction | 257 | 40.6800 EUR |
Common | Sell Transaction | 71 | 40.6900 EUR |
Common | Sell Transaction | 244 | 40.7000 EUR |
Common | Sell Transaction | 780 | 40.7100 EUR |
Common | Sell Transaction | 98 | 40.7200 EUR |
Common | Sell Transaction | 1,199 | 40.7300 EUR |
Common | Sell Transaction | 1,861 | 40.7400 EUR |
Common | Sell Transaction | 2,814 | 40.7500 EUR |
Common | Sell Transaction | 1,388 | 40.7559 EUR |
Common | Sell Transaction | 4,146 | 40.7560 EUR |
Common | Sell Transaction | 1,401 | 40.7561 EUR |
Common | Sell Transaction | 832 | 40.7563 EUR |
Common | Sell Transaction | 1,624 | 40.7600 EUR |
Common | Sell Transaction | 83 | 40.7639 EUR |
Common | Sell Transaction | 84 | 40.7649 EUR |
Common | Sell Transaction | 245 | 40.7651 EUR |
Common | Sell Transaction | 1,076 | 40.7700 EUR |
Common | Sell Transaction | 50 | 40.7730 EUR |
Common | Sell Transaction | 1,092 | 40.7800 EUR |
Common | Sell Transaction | 17,302 | 40.7900 EUR |
Common | Sell Transaction | 29 | 40.7950 EUR |
Common | Sell Transaction | 1,200 | 40.8000 EUR |
Common | Sell Transaction | 822 | 40.8100 EUR |
Common | Sell Transaction | 125 | 40.8200 EUR |
Common | Sell Transaction | 684 | 40.8300 EUR |
Common | Sell Transaction | 32 | 40.8400 EUR |
Common | Sell Transaction | 2,372 | 40.8500 EUR |
Common | Sell Transaction | 404 | 40.8600 EUR |
Common | Sell Transaction | 1,102 | 40.8700 EUR |
Common | Sell Transaction | 799 | 40.8800 EUR |
Common | Sell Transaction | 1,331 | 40.8959 EUR |
Common | Sell Transaction | 2,216 | 40.8959 EUR |
Common | Sell Transaction | 6,577 | 40.8959 EUR |
Common | Sell Transaction | 2,284 | 40.8960 EUR |
Common | Sell Transaction | 183 | 40.9000 EUR |
Common | Sell Transaction | 64 | 40.9300 EUR |
Common | Sell Transaction | 25 | 41.0200 EUR |
Common | Sell Transaction | 125 | 44.2000 USD |
Common | Sell Transaction | 29 | 44.2050 USD |
Common | Sell Transaction | 69 | 44.2655 USD |
Common | Sell Transaction | 1 | 44.3800 USD |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
Common | CFD | Reducing short position | 160 | 40.7016 EUR |
Common | CFD | Reducing short position | 2,278 | 40.7035 EUR |
Common | CFD | Reducing short position | 900 | 40.7186 EUR |
Common | CFD | Reducing short position | 2,372 | 40.7204 EUR |
Common | CFD | Increasing short position | 10 | 40.7300 EUR |
Common | CFD | Reducing short position | 3,270 | 40.7483 EUR |
Common | CFD | Reducing short position | 1,097 | 40.7608 EUR |
Common | CFD | Reducing short position | 41 | 40.7700 EUR |
Common | CFD | Increasing short position | 66 | 40.7736 EUR |
Common | CFD | Reducing short position | 372 | 40.7773 EUR |
Common | CFD | Reducing short position | 93 | 40.7823 EUR |
Common | CFD | Reducing short position | 1,170 | 40.7846 EUR |
Common | CFD | Reducing short position | 671 | 40.7900 EUR |
Common | CFD | Increasing short position | 2,113 | 40.7900 EUR |
Common | CFD | Reducing short position | 1,054 | 40.7950 EUR |
Common | CFD | Increasing short position | 3,055 | 40.7974 EUR |
Common | CFD | Reducing short position | 533 | 40.7982 EUR |
Common | CFD | Increasing short position | 49 | 40.8000 EUR |
Common | CFD | Reducing short position | 522 | 40.8283 EUR |
Common | CFD | Reducing short position | 985 | 40.9054 EUR |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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4. OTHER INFORMATION
(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
|
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | 22 March 2024 |
Contact name: | Paula Santos |
Telephone number*: | 020 7645 9700 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.