Last checked at 20 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 | 19 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: | 619,999 | 0.32 | 4,264 | 0.00 |
(2) Cash-settled derivatives:
| 23,383 | 0.01 | 225,125 | 0.11 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00 | 0 | 0.00 |
TOTAL: | 643,382 | 0.34 | 229,389 | 0.12 |
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 | 55 | 40.1600 EUR |
Common | Buy Transaction | 128 | 40.2000 EUR |
Common | Buy Transaction | 77 | 40.2100 EUR |
Common | Buy Transaction | 28 | 40.2300 EUR |
Common | Buy Transaction | 163 | 40.2400 EUR |
Common | Buy Transaction | 458 | 40.2500 EUR |
Common | Buy Transaction | 55 | 40.2600 EUR |
Common | Buy Transaction | 411 | 40.2700 EUR |
Common | Buy Transaction | 2,004 | 40.2800 EUR |
Common | Buy Transaction | 174 | 40.2900 EUR |
Common | Buy Transaction | 732 | 40.3000 EUR |
Common | Buy Transaction | 1,252 | 40.3100 EUR |
Common | Buy Transaction | 1,495 | 40.3200 EUR |
Common | Buy Transaction | 1,086 | 40.3300 EUR |
Common | Buy Transaction | 48 | 40.3350 EUR |
Common | Buy Transaction | 2,171 | 40.3400 EUR |
Common | Buy Transaction | 1,082 | 40.3500 EUR |
Common | Buy Transaction | 1,064 | 40.3600 EUR |
Common | Buy Transaction | 956 | 40.3700 EUR |
Common | Buy Transaction | 707 | 40.3800 EUR |
Common | Buy Transaction | 644 | 40.3900 EUR |
Common | Buy Transaction | 661 | 40.4000 EUR |
Common | Buy Transaction | 2,632 | 40.4100 EUR |
Common | Buy Transaction | 2,074 | 40.4200 EUR |
Common | Buy Transaction | 916 | 40.4300 EUR |
Common | Buy Transaction | 244 | 40.4350 EUR |
Common | Buy Transaction | 895 | 40.4400 EUR |
Common | Buy Transaction | 78 | 40.4500 EUR |
Common | Buy Transaction | 376 | 40.4600 EUR |
Common | Buy Transaction | 2,937 | 40.4700 EUR |
Common | Buy Transaction | 254 | 40.4750 EUR |
Common | Buy Transaction | 784 | 40.4800 EUR |
Common | Buy Transaction | 1,452 | 40.4900 EUR |
Common | Buy Transaction | 1,822 | 40.5000 EUR |
Common | Buy Transaction | 2 | 40.5050 EUR |
Common | Buy Transaction | 448 | 40.5100 EUR |
Common | Buy Transaction | 89 | 40.5150 EUR |
Common | Buy Transaction | 655 | 40.5200 EUR |
Common | Buy Transaction | 892 | 40.5300 EUR |
Common | Buy Transaction | 415 | 40.5400 EUR |
Common | Buy Transaction | 419 | 40.5500 EUR |
Common | Buy Transaction | 1 | 40.5600 EUR |
Common | Buy Transaction | 21 | 43.8400 USD |
Common | Buy Transaction | 100 | 43.9200 USD |
Common | Sell Transaction | 5 | 40.2100 EUR |
Common | Sell Transaction | 37 | 40.2200 EUR |
Common | Sell Transaction | 208 | 40.2300 EUR |
Common | Sell Transaction | 3 | 40.2400 EUR |
Common | Sell Transaction | 61 | 40.2500 EUR |
Common | Sell Transaction | 220 | 40.2600 EUR |
Common | Sell Transaction | 37 | 40.2700 EUR |
Common | Sell Transaction | 1,140 | 40.2800 EUR |
Common | Sell Transaction | 10,130 | 40.2810 EUR |
Common | Sell Transaction | 329 | 40.2900 EUR |
Common | Sell Transaction | 323 | 40.2927 EUR |
Common | Sell Transaction | 334 | 40.2938 EUR |
Common | Sell Transaction | 972 | 40.2941 EUR |
Common | Sell Transaction | 199 | 40.2966 EUR |
Common | Sell Transaction | 439 | 40.3000 EUR |
Common | Sell Transaction | 436 | 40.3100 EUR |
Common | Sell Transaction | 576 | 40.3200 EUR |
Common | Sell Transaction | 1,205 | 40.3300 EUR |
Common | Sell Transaction | 77 | 40.3302 EUR |
Common | Sell Transaction | 43 | 40.3311 EUR |
Common | Sell Transaction | 224 | 40.3311 EUR |
Common | Sell Transaction | 76 | 40.3312 EUR |
Common | Sell Transaction | 2,099 | 40.3400 EUR |
Common | Sell Transaction | 1,451 | 40.3500 EUR |
Common | Sell Transaction | 1,453 | 40.3600 EUR |
Common | Sell Transaction | 8 | 40.3650 EUR |
Common | Sell Transaction | 203 | 40.3700 EUR |
Common | Sell Transaction | 1,552 | 40.3800 EUR |
Common | Sell Transaction | 225 | 40.3810 EUR |
Common | Sell Transaction | 138 | 40.3815 EUR |
Common | Sell Transaction | 232 | 40.3816 EUR |
Common | Sell Transaction | 667 | 40.3820 EUR |
Common | Sell Transaction | 1,947 | 40.3900 EUR |
Common | Sell Transaction | 77 | 40.3953 EUR |
Common | Sell Transaction | 376 | 40.3963 EUR |
Common | Sell Transaction | 130 | 40.3966 EUR |
Common | Sell Transaction | 128 | 40.3971 EUR |
Common | Sell Transaction | 2,678 | 40.4000 EUR |
Common | Sell Transaction | 15 | 40.4050 EUR |
Common | Sell Transaction | 2,678 | 40.4100 EUR |
Common | Sell Transaction | 1,846 | 40.4200 EUR |
Common | Sell Transaction | 887 | 40.4300 EUR |
Common | Sell Transaction | 129 | 40.4350 EUR |
Common | Sell Transaction | 689 | 40.4400 EUR |
Common | Sell Transaction | 200 | 40.4500 EUR |
Common | Sell Transaction | 2,913 | 40.4563 EUR |
Common | Sell Transaction | 1,747 | 40.4564 EUR |
Common | Sell Transaction | 8,688 | 40.4564 EUR |
Common | Sell Transaction | 2,965 | 40.4568 EUR |
Common | Sell Transaction | 982 | 40.4600 EUR |
Common | Sell Transaction | 142 | 40.4650 EUR |
Common | Sell Transaction | 1,643 | 40.4700 EUR |
Common | Sell Transaction | 1,000 | 40.4800 EUR |
Common | Sell Transaction | 9 | 40.4850 EUR |
Common | Sell Transaction | 501 | 40.4900 EUR |
Common | Sell Transaction | 1,559 | 40.5000 EUR |
Common | Sell Transaction | 82 | 40.5050 EUR |
Common | Sell Transaction | 2,058 | 40.5100 EUR |
Common | Sell Transaction | 201 | 40.5200 EUR |
Common | Sell Transaction | 810 | 40.5300 EUR |
Common | Sell Transaction | 1,056 | 40.5400 EUR |
Common | Sell Transaction | 465 | 40.5500 EUR |
Common | Sell Transaction | 151 | 43.9150 USD |
Common | Sell Transaction | 221 | 43.9900 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 | 47,346 | 40.1500 EUR |
Common | CFD | Increasing short position | 47,346 | 40.1500 EUR |
Common | CFD | Reducing short position | 101 | 40.2400 EUR |
Common | CFD | Increasing short position | 101 | 40.2600 EUR |
Common | CFD | Reducing short position | 106 | 40.2764 EUR |
Common | CFD | Increasing short position | 260 | 40.2910 EUR |
Common | CFD | Reducing short position | 118 | 40.2951 EUR |
Common | CFD | Reducing short position | 101 | 40.3000 EUR |
Common | CFD | Increasing short position | 537 | 40.3062 EUR |
Common | CFD | Reducing short position | 101 | 40.3300 EUR |
Common | CFD | Increasing short position | 94 | 40.3300 EUR |
Common | CFD | Increasing short position | 714 | 40.3784 EUR |
Common | CFD | Increasing short position | 1,168 | 40.3816 EUR |
Common | CFD | Increasing short position | 845 | 40.3880 EUR |
Common | CFD | Increasing short position | 1,993 | 40.3950 EUR |
Common | CFD | Increasing short position | 1,344 | 40.4095 EUR |
Common | CFD | Reducing short position | 17 | 40.4100 EUR |
Common | CFD | Increasing short position | 4,745 | 40.4116 EUR |
Common | CFD | Increasing short position | 2,756 | 40.4132 EUR |
Common | CFD | Increasing short position | 654 | 40.4174 EUR |
Common | CFD | Increasing short position | 7,742 | 40.4179 EUR |
Common | CFD | Increasing short position | 1,709 | 40.4218 EUR |
Common | CFD | Increasing short position | 1,996 | 40.4229 EUR |
Common | CFD | Reducing short position | 2,712 | 40.4331 EUR |
Common | CFD | Increasing short position | 946 | 40.4470 EUR |
Common | CFD | Reducing short position | 2,016 | 40.4500 EUR |
Common | CFD | Increasing short position | 1,295 | 40.4500 EUR |
Common | CFD | Increasing short position | 6,336 | 40.4516 EUR |
Common | CFD | Reducing short position | 200 | 40.5095 EUR |
Common | CFD | Increasing short position | 10 | 40.5200 EUR |
Common | CFD | Increasing short position | 140 | 40.5211 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
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(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
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(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | 20 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.