18 Mar 2024 14:09
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: | Â | Barclays PLC. | ||||
(b) | Owner or controller of interest and short | Â | |||||
 | 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 | Â | |||||
 | offeror/offeree, state this and specify identity of | ||||||
 | offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 15 Mar 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | Â | Â | |||
 | 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 | Â | |||||
 | 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 | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 15,757,636 | 1.20% | 10,380,337 | 0.79% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 5,865,963 | 0.45% | 14,211,099 | 1.08% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 21,623,599 | 1.65% | 24,591,436 | 1.88% |
(b) | Rights to subscribe for new securities (including directors and other executive | Â | |||||
 | options) |  |  |  |  |  |  |
Class of relevant security in relation to | Â | Â | Â | Â | |||
which subscription right exists | Â | Â | Â | Â | |||
Details, including nature of the rights | Â | Â | Â | Â | |||
concerned and relevant percentages: | Â | Â | Â | Â | |||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | Â | Â | Â | Â | Â | |
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | Â | securities | Â | ||||
Ordinary 10 10/11p | Purchase | 4,749,736 | 2.0710 GBP | ||||
Ordinary 10 10/11p | Purchase | 669,542 | 2.1312 GBP | ||||
Ordinary 10 10/11p | Purchase | 584,241 | 2.1164 GBP | ||||
Ordinary 10 10/11p | Purchase | 519,657 | 2.0892 GBP | ||||
Ordinary 10 10/11p | Purchase | 216,940 | 2.0921 GBP | ||||
Ordinary 10 10/11p | Purchase | 189,026 | 2.0852 GBP | ||||
Ordinary 10 10/11p | Purchase | 188,737 | 2.0988 GBP | ||||
Ordinary 10 10/11p | Purchase | 159,147 | 2.1183 GBP | ||||
Ordinary 10 10/11p | Purchase | 113,145 | 2.0865 GBP | ||||
Ordinary 10 10/11p | Purchase | 100,682 | 2.0830 GBP | ||||
Ordinary 10 10/11p | Purchase | 75,400 | 2.0798 GBP | ||||
Ordinary 10 10/11p | Purchase | 47,505 | 2.0818 GBP | ||||
Ordinary 10 10/11p | Purchase | 40,627 | 2.1416 GBP | ||||
Ordinary 10 10/11p | Purchase | 39,998 | 2.0819 GBP | ||||
Ordinary 10 10/11p | Purchase | 27,950 | 2.1465 GBP | ||||
Ordinary 10 10/11p | Purchase | 26,600 | 2.1487 GBP | ||||
Ordinary 10 10/11p | Purchase | 20,644 | 2.0808 GBP | ||||
Ordinary 10 10/11p | Purchase | 15,191 | 2.0825 GBP | ||||
Ordinary 10 10/11p | Purchase | 13,845 | 2.1063 GBP | ||||
Ordinary 10 10/11p | Purchase | 11,450 | 2.0800 GBP | ||||
Ordinary 10 10/11p | Purchase | 10,332 | 2.0834 GBP | ||||
Ordinary 10 10/11p | Purchase | 5,602 | 2.0754 GBP | ||||
Ordinary 10 10/11p | Purchase | 5,426 | 2.1377 GBP | ||||
Ordinary 10 10/11p | Purchase | 4,410 | 2.0686 GBP | ||||
ADR | Purchase | 3,800 | 10.6280 USD | ||||
Ordinary 10 10/11p | Purchase | 3,126 | 2.0828 GBP | ||||
Ordinary 10 10/11p | Purchase | 3,037 | 2.1634 GBP | ||||
Ordinary 10 10/11p | Purchase | 2,517 | 2.0914 GBP | ||||
Ordinary 10 10/11p | Purchase | 2,363 | 2.0714 GBP | ||||
ADR | Purchase | 1,880 | 10.5142 USD | ||||
Ordinary 10 10/11p | Purchase | 1,854 | 2.0790 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,831 | 2.1082 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,782 | 2.1074 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,769 | 2.1148 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,728 | 2.0780 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,527 | 2.0592 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,401 | 2.1234 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,356 | 2.1000 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,304 | 2.0778 GBP | ||||
Ordinary 10 10/11p | Purchase | 800 | 2.0815 GBP | ||||
Ordinary 10 10/11p | Purchase | 663 | 2.1270 GBP | ||||
Ordinary 10 10/11p | Purchase | 484 | 2.0605 GBP | ||||
Ordinary 10 10/11p | Purchase | 381 | 2.1500 GBP | ||||
Ordinary 10 10/11p | Purchase | 332 | 2.0680 GBP | ||||
Ordinary 10 10/11p | Purchase | 247 | 2.0520 GBP | ||||
Ordinary 10 10/11p | Purchase | 111 | 2.0570 GBP | ||||
Ordinary 10 10/11p | Purchase | 3 | 2.1550 GBP | ||||
Ordinary 10 10/11p | Sale | 509,642 | 2.1151 GBP | ||||
Ordinary 10 10/11p | Sale | 296,050 | 2.0830 GBP | ||||
Ordinary 10 10/11p | Sale | 113,145 | 2.0865 GBP | ||||
Ordinary 10 10/11p | Sale | 90,740 | 2.1078 GBP | ||||
Ordinary 10 10/11p | Sale | 87,662 | 2.1070 GBP | ||||
Ordinary 10 10/11p | Sale | 81,897 | 2.1040 GBP | ||||
Ordinary 10 10/11p | Sale | 61,235 | 2.1093 GBP | ||||
Ordinary 10 10/11p | Sale | 47,063 | 2.1211 GBP | ||||
Ordinary 10 10/11p | Sale | 37,530 | 2.0840 GBP | ||||
Ordinary 10 10/11p | Sale | 31,115 | 2.0750 GBP | ||||
Ordinary 10 10/11p | Sale | 28,534 | 2.1087 GBP | ||||
Ordinary 10 10/11p | Sale | 28,200 | 2.1417 GBP | ||||
Ordinary 10 10/11p | Sale | 26,764 | 2.1192 GBP | ||||
Ordinary 10 10/11p | Sale | 20,617 | 2.0971 GBP | ||||
Ordinary 10 10/11p | Sale | 16,487 | 2.0752 GBP | ||||
Ordinary 10 10/11p | Sale | 15,080 | 2.1147 GBP | ||||
Ordinary 10 10/11p | Sale | 10,488 | 2.0788 GBP | ||||
Ordinary 10 10/11p | Sale | 9,426 | 2.0911 GBP | ||||
Ordinary 10 10/11p | Sale | 8,944 | 2.1023 GBP | ||||
Ordinary 10 10/11p | Sale | 8,143 | 2.1372 GBP | ||||
Ordinary 10 10/11p | Sale | 7,157 | 2.0871 GBP | ||||
Ordinary 10 10/11p | Sale | 7,071 | 2.1329 GBP | ||||
Ordinary 10 10/11p | Sale | 6,009 | 2.0825 GBP | ||||
Ordinary 10 10/11p | Sale | 4,501 | 2.1496 GBP | ||||
Ordinary 10 10/11p | Sale | 4,401 | 2.1420 GBP | ||||
Ordinary 10 10/11p | Sale | 4,362 | 2.1348 GBP | ||||
Ordinary 10 10/11p | Sale | 4,287 | 2.1554 GBP | ||||
ADR | Sale | 3,800 | 10.6280 USD | ||||
Ordinary 10 10/11p | Sale | 3,637 | 2.1062 GBP | ||||
Ordinary 10 10/11p | Sale | 3,325 | 2.1224 GBP | ||||
Ordinary 10 10/11p | Sale | 3,028 | 2.0770 GBP | ||||
Ordinary 10 10/11p | Sale | 3,024 | 2.0795 GBP | ||||
Ordinary 10 10/11p | Sale | 2,712 | 2.1000 GBP | ||||
Ordinary 10 10/11p | Sale | 2,183 | 2.0800 GBP | ||||
Ordinary 10 10/11p | Sale | 1,900 | 2.1470 GBP | ||||
ADR | Sale | 1,880 | 10.5142 USD | ||||
Ordinary 10 10/11p | Sale | 1,854 | 2.0790 GBP | ||||
Ordinary 10 10/11p | Sale | 1,782 | 2.1076 GBP | ||||
Ordinary 10 10/11p | Sale | 1,728 | 2.0780 GBP | ||||
Ordinary 10 10/11p | Sale | 1,666 | 2.0900 GBP | ||||
Ordinary 10 10/11p | Sale | 900 | 2.0913 GBP | ||||
Ordinary 10 10/11p | Sale | 663 | 2.1270 GBP | ||||
Ordinary 10 10/11p | Sale | 657 | 2.0892 GBP | ||||
Ordinary 10 10/11p | Sale | 624 | 2.1230 GBP | ||||
Ordinary 10 10/11p | Sale | 331 | 2.1400 GBP | ||||
Ordinary 10 10/11p | Sale | 237 | 2.1380 GBP | ||||
Ordinary 10 10/11p | Sale | 24 | 2.0880 GBP | ||||
Ordinary 10 10/11p | Sale | 3 | 2.1552 GBP | ||||
Ordinary 10 10/11p | Sale | 81 | 2.0818 GBP | ||||
 |  |  |  |  |  |  |  |
(b) | Cash-settled derivative transactions | Â | |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | Â | reference | unit | |||
security | Â | Â | securities | Â | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 1,028 | 2.1100 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 5,791 | 2.1189 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 8,403 | 2.1580 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 9,376 | 2.1203 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 14,688 | 2.1194 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 26,146 | 2.1245 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 63,127 | 2.1224 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 72,153 | 2.0938 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 82,368 | 2.0830 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 216,940 | 2.0921 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 376,196 | 2.1323 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 519,657 | 2.0892 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 113 | 2.0900 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 350 | 2.0758 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 859 | 2.0961 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 1,530 | 2.0775 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 1,873 | 2.1634 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 5,295 | 2.1543 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 10,745 | 2.0901 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 16,400 | 2.1487 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 28,200 | 2.1417 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 56,209 | 2.0830 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 130,841 | 2.0829 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 1,900 | 2.1470 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 6,009 | 2.0825 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 10,491 | 2.1024 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 15,080 | 2.1147 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 47,063 | 2.1211 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 209,244 | 2.0830 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 298,478 | 2.1377 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 760 | 2.1211 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 3,040 | 2.0837 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 9,508 | 2.0719 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 14,061 | 2.1286 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 23,104 | 2.0830 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 37,000 | 2.1482 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 37,682 | 2.1324 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 43,200 | 2.0843 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 47,830 | 2.0830 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 75,400 | 2.0798 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 113,145 | 2.0865 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 251,783 | 2.1382 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 366,016 | 2.1264 GBP | |||
Ordinary 10 10/11p | SWAP | Opening Short | 129 | 2.1350 GBP | |||
Ordinary 10 10/11p | SWAP | Opening Short | 4,410 | 2.0686 GBP | |||
 |  |  |  |  |  |  |  |
(c) | Stock-settled derivative transactions (including options) | Â | |||||
(i) | Writing, selling, purchasing or varying | Â | |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | Â | date | money |
relevant | Â | selling, | securities | per unit | Â | Â | paid/ |
security | Â | varying etc | to which | Â | Â | Â | received |
 |  |  | option |  |  |  | per unit |
 |  |  | relates |  |  |  |  |
 |  |  |  |  |  |  |  |
 |  |  |  |  |  |  |  |
(ii) | Exercising | Â | Â | Â | Â | Â | Â |
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | Â | Â | securities | unit | |||
 |  |  |  |  | |||
 |  |  |  |  |  |  |  |
(d) | Other dealings (including subscribing for new securities) | Â | |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | Â | Â | applicable) | ||||
 |  |  |  | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | Â | |||||
Details of any indemnity or option arrangement, or any agreement or understanding, | Â | Â | |||||
formal or informal, relating to relevant securities which may be an inducement to deal | Â | Â | |||||
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party | Â | ||||||
to the offer or any person acting in concert with a party to the offer: | Â | Â | Â | ||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | Â | |||||
Details of any agreement, arrangement or understanding, formal or informal, between | Â | Â | |||||
the person making the disclosure and any other person relating to: | Â | Â | |||||
(i) the voting rights of any relevant securities under any option; or | Â | Â | Â | ||||
(ii) the voting rights of future acquisition or disposal of any relevant securities to which | Â | Â | |||||
any derivative is referenced: | Â | Â | Â | Â | Â | Â | |
NONE | |||||||
(c) | Attachments | Â | Â | Â | Â | Â | Â |
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 18 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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