Form 8.3 - Direct Line Insurance Group plc

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:

18 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:

15,641,041

1.19%

9,801,745

0.75%

(2)

Cash-settled derivatives:

and/or controlled:

5,239,624

0.40%

14,059,901

1.07%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,880,665

1.59%

23,861,646

1.82%

(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

653,803

2.0941 GBP

Ordinary 10 10/11p

Purchase

425,584

2.0900 GBP

Ordinary 10 10/11p

Purchase

107,127

2.0898 GBP

Ordinary 10 10/11p

Purchase

93,882

2.0904 GBP

Ordinary 10 10/11p

Purchase

90,027

2.0990 GBP

Ordinary 10 10/11p

Purchase

74,352

2.1020 GBP

Ordinary 10 10/11p

Purchase

51,985

2.0981 GBP

Ordinary 10 10/11p

Purchase

41,609

2.1007 GBP

Ordinary 10 10/11p

Purchase

29,889

2.0975 GBP

Ordinary 10 10/11p

Purchase

19,016

2.0970 GBP

Ordinary 10 10/11p

Purchase

17,303

2.1065 GBP

Ordinary 10 10/11p

Purchase

12,000

2.1060 GBP

Ordinary 10 10/11p

Purchase

8,470

2.0976 GBP

Ordinary 10 10/11p

Purchase

6,886

2.0994 GBP

Ordinary 10 10/11p

Purchase

5,473

2.0992 GBP

Ordinary 10 10/11p

Purchase

5,437

2.1036 GBP

Ordinary 10 10/11p

Purchase

4,945

2.0945 GBP

Ordinary 10 10/11p

Purchase

4,444

2.1058 GBP

Ordinary 10 10/11p

Purchase

4,224

2.1010 GBP

Ordinary 10 10/11p

Purchase

3,862

2.0935 GBP

Ordinary 10 10/11p

Purchase

3,096

2.0982 GBP

Ordinary 10 10/11p

Purchase

2,928

2.0972 GBP

Ordinary 10 10/11p

Purchase

2,609

2.0955 GBP

Ordinary 10 10/11p

Purchase

2,506

2.0960 GBP

Ordinary 10 10/11p

Purchase

2,414

2.1038 GBP

Ordinary 10 10/11p

Purchase

2,349

2.1061 GBP

Ordinary 10 10/11p

Purchase

2,092

2.0948 GBP

Ordinary 10 10/11p

Purchase

1,678

2.1040 GBP

Ordinary 10 10/11p

Purchase

1,652

2.1068 GBP

Ordinary 10 10/11p

Purchase

1,420

2.0997 GBP

Ordinary 10 10/11p

Purchase

1,147

2.0980 GBP

Ordinary 10 10/11p

Purchase

551

2.1023 GBP

Ordinary 10 10/11p

Purchase

549

2.1069 GBP

Ordinary 10 10/11p

Purchase

494

2.0950 GBP

Ordinary 10 10/11p

Purchase

325

2.0720 GBP

Ordinary 10 10/11p

Purchase

250

2.0740 GBP

Ordinary 10 10/11p

Purchase

135

2.0901 GBP

Ordinary 10 10/11p

Purchase

21

2.1070 GBP

Ordinary 10 10/11p

Purchase

2

2.0930 GBP

Ordinary 10 10/11p

Sale

389,920

2.0902 GBP

Ordinary 10 10/11p

Sale

230,853

2.0904 GBP

Ordinary 10 10/11p

Sale

125,921

2.0912 GBP

Ordinary 10 10/11p

Sale

103,725

2.0953 GBP

Ordinary 10 10/11p

Sale

61,737

2.0977 GBP

Ordinary 10 10/11p

Sale

40,671

2.1030 GBP

Ordinary 10 10/11p

Sale

38,843

2.1082 GBP

Ordinary 10 10/11p

Sale

38,149

2.0956 GBP

Ordinary 10 10/11p

Sale

27,298

2.0991 GBP

Ordinary 10 10/11p

Sale

24,272

2.1006 GBP

Ordinary 10 10/11p

Sale

23,384

2.1068 GBP

Ordinary 10 10/11p

Sale

19,459

2.0900 GBP

Ordinary 10 10/11p

Sale

18,125

2.0895 GBP

Ordinary 10 10/11p

Sale

12,533

2.1031 GBP

Ordinary 10 10/11p

Sale

12,000

2.0724 GBP

Ordinary 10 10/11p

Sale

8,283

2.1069 GBP

Ordinary 10 10/11p

Sale

6,316

2.1048 GBP

Ordinary 10 10/11p

Sale

4,528

2.1007 GBP

Ordinary 10 10/11p

Sale

4,348

2.0982 GBP

Ordinary 10 10/11p

Sale

4,308

2.0960 GBP

Ordinary 10 10/11p

Sale

3,862

2.0935 GBP

Ordinary 10 10/11p

Sale

3,353

2.0976 GBP

Ordinary 10 10/11p

Sale

3,136

2.0971 GBP

Ordinary 10 10/11p

Sale

2,655

2.0962 GBP

Ordinary 10 10/11p

Sale

2,620

2.0975 GBP

Ordinary 10 10/11p

Sale

2,466

2.1034 GBP

Ordinary 10 10/11p

Sale

2,349

2.1063 GBP

Ordinary 10 10/11p

Sale

1,724

2.0950 GBP

Ordinary 10 10/11p

Sale

1,682

2.0989 GBP

Ordinary 10 10/11p

Sale

1,645

2.1046 GBP

Ordinary 10 10/11p

Sale

1,520

2.0907 GBP

Ordinary 10 10/11p

Sale

1,368

2.0990 GBP

Ordinary 10 10/11p

Sale

661

2.1080 GBP

Ordinary 10 10/11p

Sale

325

2.0720 GBP

Ordinary 10 10/11p

Sale

286

2.1065 GBP

Ordinary 10 10/11p

Sale

167

2.1040 GBP

Ordinary 10 10/11p

Sale

38

2.1090 GBP

Ordinary 10 10/11p

Sale

9

2.1064 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

923

2.0984 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,092

2.0948 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,173

2.0982 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,414

2.1038 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

2,932

2.1007 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

4,444

2.1058 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

7,497

2.1009 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

15,550

2.1029 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

41,102

2.1026 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

235,246

2.1005 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

432,689

2.0900 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

916

2.0900 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

1,682

2.0989 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

38,149

2.0956 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

38,843

2.1082 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

61,737

2.0977 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

87,100

2.0996 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

93,882

2.0904 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

588,297

2.0830 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

909

2.1016 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,466

2.1034 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

2,620

2.0974 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

3,642

2.1015 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

18,125

2.0895 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

23,384

2.1068 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

29,394

2.1030 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

40,183

2.0900 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

588,297

2.0830 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

135

2.0901 GBP

Ordinary 10 10/11p

CFD

Increasing Short

916

2.0900 GBP

Ordinary 10 10/11p

CFD

Increasing Short

17,303

2.1065 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

21,126

2.0973 GBP

Ordinary 10 10/11p

CFD

Increasing Short

41,609

2.1007 GBP

Ordinary 10 10/11p

CFD

Increasing Short

90,022

2.0990 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:

19 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213