Direct Line Regulatory News (DLG)

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:

07 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:

16,392,445

1.25%

16,765,284

1.28%

(2)

Cash-settled derivatives:

and/or controlled:

6,759,951

0.52%

14,846,492

1.13%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,152,396

1.77%

31,611,776

2.41%

(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

242,908

2.2083 GBP

Ordinary 10 10/11p

Purchase

104,194

2.1919 GBP

Ordinary 10 10/11p

Purchase

90,135

2.2050 GBP

Ordinary 10 10/11p

Purchase

70,298

2.1660 GBP

Ordinary 10 10/11p

Purchase

70,127

2.2118 GBP

Ordinary 10 10/11p

Purchase

61,078

2.2057 GBP

Ordinary 10 10/11p

Purchase

59,049

2.2087 GBP

Ordinary 10 10/11p

Purchase

57,721

2.2069 GBP

Ordinary 10 10/11p

Purchase

33,818

2.2053 GBP

Ordinary 10 10/11p

Purchase

27,540

2.1700 GBP

Ordinary 10 10/11p

Purchase

10,189

2.1918 GBP

Ordinary 10 10/11p

Purchase

10,000

2.2030 GBP

Ordinary 10 10/11p

Purchase

7,750

2.2000 GBP

Ordinary 10 10/11p

Purchase

7,720

2.1832 GBP

Ordinary 10 10/11p

Purchase

6,117

2.2010 GBP

Ordinary 10 10/11p

Purchase

2,632

2.2170 GBP

Ordinary 10 10/11p

Purchase

2,172

2.2160 GBP

Ordinary 10 10/11p

Purchase

2,100

2.1625 GBP

Ordinary 10 10/11p

Purchase

1,890

2.2102 GBP

Ordinary 10 10/11p

Purchase

1,831

2.2044 GBP

Ordinary 10 10/11p

Purchase

1,781

2.2130 GBP

Ordinary 10 10/11p

Purchase

1,717

2.2098 GBP

Ordinary 10 10/11p

Purchase

1,429

2.2179 GBP

Ordinary 10 10/11p

Purchase

1,208

2.2070 GBP

Ordinary 10 10/11p

Purchase

1,030

2.2100 GBP

Ordinary 10 10/11p

Purchase

800

2.2210 GBP

Ordinary 10 10/11p

Purchase

244

2.1980 GBP

Ordinary 10 10/11p

Purchase

3

2.2270 GBP

Ordinary 10 10/11p

Purchase

3

2.2060 GBP

Ordinary 10 10/11p

Purchase

2

2.2350 GBP

Ordinary 10 10/11p

Sale

230,369

2.1926 GBP

Ordinary 10 10/11p

Sale

226,633

2.2125 GBP

Ordinary 10 10/11p

Sale

221,724

2.2037 GBP

Ordinary 10 10/11p

Sale

171,715

2.2019 GBP

Ordinary 10 10/11p

Sale

170,582

2.2049 GBP

Ordinary 10 10/11p

Sale

166,001

2.2067 GBP

Ordinary 10 10/11p

Sale

129,537

2.2047 GBP

Ordinary 10 10/11p

Sale

83,083

2.2045 GBP

Ordinary 10 10/11p

Sale

79,527

2.2050 GBP

Ordinary 10 10/11p

Sale

68,881

2.2043 GBP

Ordinary 10 10/11p

Sale

41,943

2.2159 GBP

Ordinary 10 10/11p

Sale

40,176

2.1904 GBP

Ordinary 10 10/11p

Sale

39,755

2.2053 GBP

Ordinary 10 10/11p

Sale

30,360

2.2051 GBP

Ordinary 10 10/11p

Sale

29,181

2.1672 GBP

Ordinary 10 10/11p

Sale

27,209

2.2113 GBP

Ordinary 10 10/11p

Sale

20,850

2.1971 GBP

Ordinary 10 10/11p

Sale

17,460

2.1997 GBP

Ordinary 10 10/11p

Sale

16,294

2.2087 GBP

Ordinary 10 10/11p

Sale

13,879

2.1873 GBP

Ordinary 10 10/11p

Sale

12,821

2.1970 GBP

Ordinary 10 10/11p

Sale

11,678

2.1847 GBP

Ordinary 10 10/11p

Sale

10,477

2.2059 GBP

Ordinary 10 10/11p

Sale

4,855

2.2020 GBP

Ordinary 10 10/11p

Sale

4,327

2.2110 GBP

Ordinary 10 10/11p

Sale

4,068

2.2132 GBP

Ordinary 10 10/11p

Sale

4,007

2.2107 GBP

Ordinary 10 10/11p

Sale

3,795

2.1660 GBP

Ordinary 10 10/11p

Sale

2,656

2.2086 GBP

Ordinary 10 10/11p

Sale

2,524

2.2052 GBP

Ordinary 10 10/11p

Sale

2,172

2.2160 GBP

Ordinary 10 10/11p

Sale

1,781

2.2130 GBP

Ordinary 10 10/11p

Sale

1,667

2.1716 GBP

Ordinary 10 10/11p

Sale

1,514

2.1757 GBP

Ordinary 10 10/11p

Sale

1,208

2.2070 GBP

Ordinary 10 10/11p

Sale

1,154

2.1700 GBP

Ordinary 10 10/11p

Sale

1,030

2.2100 GBP

Ordinary 10 10/11p

Sale

919

2.1640 GBP

Ordinary 10 10/11p

Sale

572

2.2220 GBP

Ordinary 10 10/11p

Sale

340

2.2120 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

333

2.1655 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,429

2.2179 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,831

2.2044 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

106,360

2.1919 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

210,152

2.2090 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

3,795

2.1660 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

6,950

2.1927 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

11,044

2.2050 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

13,278

2.1836 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

13,434

2.2107 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

17,460

2.1997 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

17,460

2.1700 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

19,574

2.1882 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

20,000

2.2006 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

27,209

2.2113 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

29,100

2.2069 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

29,181

2.1672 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

29,600

2.2114 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

38,722

2.2057 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

71,280

2.2028 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

72,456

2.1738 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

125,061

2.2051 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

129,537

2.2047 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

170,582

2.2049 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

919

2.1640 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

1,667

2.1716 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,226

2.1908 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

6,919

2.1917 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

10,330

2.1934 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

26,870

2.2058 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

54,399

2.2050 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

83,083

2.2045 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

124,731

2.2047 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

166,001

2.2067 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

226,633

2.2125 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

20

2.2180 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

1,910

2.2051 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

8,496

2.1700 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

10,000

2.2032 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

50,553

2.2152 GBP

Ordinary 10 10/11p

CFD

Increasing Short

70,298

2.1660 GBP

Ordinary 10 10/11p

CFD

Increasing Short

76,750

2.2050 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:

08 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213