25 Mar 2024 13:26
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: | 22 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: |  |  | 16,078,178 | 1.23% | 8,522,620 | 0.65% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 4,140,699 | 0.32% | 14,888,517 | 1.14% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 20,218,877 | 1.54% | 23,411,137 | 1.79% |
(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 | 916,687 | 2.0910 GBP | ||||
Ordinary 10 10/11p | Purchase | 479,778 | 2.0900 GBP | ||||
Ordinary 10 10/11p | Purchase | 170,504 | 2.0898 GBP | ||||
Ordinary 10 10/11p | Purchase | 133,995 | 2.1054 GBP | ||||
Ordinary 10 10/11p | Purchase | 124,232 | 2.0913 GBP | ||||
Ordinary 10 10/11p | Purchase | 107,230 | 2.1079 GBP | ||||
Ordinary 10 10/11p | Purchase | 71,850 | 2.1062 GBP | ||||
Ordinary 10 10/11p | Purchase | 68,970 | 2.1080 GBP | ||||
Ordinary 10 10/11p | Purchase | 44,797 | 2.1116 GBP | ||||
Ordinary 10 10/11p | Purchase | 40,000 | 2.1161 GBP | ||||
Ordinary 10 10/11p | Purchase | 20,689 | 2.0968 GBP | ||||
Ordinary 10 10/11p | Purchase | 15,583 | 2.1074 GBP | ||||
Ordinary 10 10/11p | Purchase | 13,342 | 2.1133 GBP | ||||
Ordinary 10 10/11p | Purchase | 10,013 | 2.1100 GBP | ||||
Ordinary 10 10/11p | Purchase | 8,727 | 2.1139 GBP | ||||
Ordinary 10 10/11p | Purchase | 7,778 | 2.1138 GBP | ||||
Ordinary 10 10/11p | Purchase | 4,220 | 2.1066 GBP | ||||
Ordinary 10 10/11p | Purchase | 4,184 | 2.1143 GBP | ||||
Ordinary 10 10/11p | Purchase | 2,972 | 2.1140 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,810 | 2.1280 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,602 | 2.1002 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,493 | 2.1010 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,328 | 2.1130 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,112 | 2.0950 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,037 | 2.1050 GBP | ||||
Ordinary 10 10/11p | Purchase | 988 | 2.1064 GBP | ||||
Ordinary 10 10/11p | Purchase | 771 | 2.1118 GBP | ||||
Ordinary 10 10/11p | Purchase | 679 | 2.1120 GBP | ||||
Ordinary 10 10/11p | Purchase | 625 | 2.1170 GBP | ||||
Ordinary 10 10/11p | Purchase | 605 | 2.0903 GBP | ||||
Ordinary 10 10/11p | Purchase | 321 | 2.1136 GBP | ||||
Ordinary 10 10/11p | Purchase | 310 | 2.0888 GBP | ||||
Ordinary 10 10/11p | Purchase | 253 | 2.1101 GBP | ||||
Ordinary 10 10/11p | Purchase | 172 | 2.1039 GBP | ||||
Ordinary 10 10/11p | Purchase | 50 | 2.1194 GBP | ||||
Ordinary 10 10/11p | Purchase | 15 | 2.1110 GBP | ||||
Ordinary 10 10/11p | Sale | 350,054 | 2.0908 GBP | ||||
Ordinary 10 10/11p | Sale | 291,818 | 2.0899 GBP | ||||
Ordinary 10 10/11p | Sale | 243,042 | 2.0900 GBP | ||||
Ordinary 10 10/11p | Sale | 29,817 | 2.1112 GBP | ||||
Ordinary 10 10/11p | Sale | 29,283 | 2.1012 GBP | ||||
Ordinary 10 10/11p | Sale | 18,887 | 2.0895 GBP | ||||
Ordinary 10 10/11p | Sale | 17,957 | 2.1151 GBP | ||||
Ordinary 10 10/11p | Sale | 11,903 | 2.1084 GBP | ||||
Ordinary 10 10/11p | Sale | 7,430 | 2.1184 GBP | ||||
Ordinary 10 10/11p | Sale | 4,018 | 2.1046 GBP | ||||
Ordinary 10 10/11p | Sale | 3,292 | 2.1094 GBP | ||||
Ordinary 10 10/11p | Sale | 2,224 | 2.0950 GBP | ||||
Ordinary 10 10/11p | Sale | 1,914 | 2.1099 GBP | ||||
Ordinary 10 10/11p | Sale | 1,556 | 2.1110 GBP | ||||
Ordinary 10 10/11p | Sale | 1,447 | 2.1280 GBP | ||||
Ordinary 10 10/11p | Sale | 1,250 | 2.1030 GBP | ||||
Ordinary 10 10/11p | Sale | 771 | 2.1120 GBP | ||||
Ordinary 10 10/11p | Sale | 636 | 2.1222 GBP | ||||
Ordinary 10 10/11p | Sale | 625 | 2.1172 GBP | ||||
Ordinary 10 10/11p | Sale | 321 | 2.1138 GBP | ||||
Ordinary 10 10/11p | Sale | 209 | 2.1040 GBP | ||||
Ordinary 10 10/11p | Sale | 172 | 2.1041 GBP | ||||
Ordinary 10 10/11p | Sale | 85 | 2.1170 GBP | ||||
Ordinary 10 10/11p | Sale | 50 | 2.1196 GBP | ||||
Ordinary 10 10/11p | Sale | 5 | 2.0888 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 | Closing Long | 268 | 2.1096 GBP | |||
Ordinary 10 10/11p | SWAP | Closing Long | 753 | 2.0900 GBP | |||
Ordinary 10 10/11p | SWAP | Closing Long | 21,810 | 2.1132 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 240 | 2.1090 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 1,692 | 2.1107 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 4,863 | 2.1120 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 7,912 | 2.1140 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 8,542 | 2.1129 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 68,970 | 2.1080 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 107,230 | 2.1079 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 154,828 | 2.0968 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 767,835 | 2.0900 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 193 | 2.1168 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 207 | 2.1148 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 1,145 | 2.1024 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 3,004 | 2.1212 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 3,052 | 2.1267 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 4,018 | 2.1046 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 13,808 | 2.1148 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 47,314 | 2.1012 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 59,951 | 2.0900 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 291,818 | 2.0899 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 67 | 2.1097 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 3,292 | 2.1094 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 4,361 | 2.1112 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 7,430 | 2.1184 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 18,887 | 2.0895 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 81,323 | 2.0902 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 719 | 2.1260 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 14,300 | 2.1001 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 20,469 | 2.1104 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 24,717 | 2.1068 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 25,700 | 2.1250 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 29,030 | 2.1060 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 34,997 | 2.1023 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 37,614 | 2.1069 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 64,700 | 2.0954 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 70,000 | 2.1062 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 382,208 | 2.0900 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: | 25 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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