5th Mar 2024 12:55
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 04 Mar 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | AGEAS SA/NV |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | Ordinary 10 10/11p | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 17,950,304 | 1.37% | 14,343,719 | 1.09% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 4,480,850 | 0.34% | 16,429,551 | 1.25% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 22,431,154 | 1.71% | 30,773,270 | 2.35% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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Ordinary 10 10/11p | Purchase | 367,116 | 2.0980 GBP | ||||
Ordinary 10 10/11p | Purchase | 311,316 | 2.1072 GBP | ||||
Ordinary 10 10/11p | Purchase | 134,191 | 2.1281 GBP | ||||
Ordinary 10 10/11p | Purchase | 90,134 | 2.1198 GBP | ||||
Ordinary 10 10/11p | Purchase | 70,485 | 2.1048 GBP | ||||
Ordinary 10 10/11p | Purchase | 26,213 | 2.1257 GBP | ||||
Ordinary 10 10/11p | Purchase | 19,586 | 2.1562 GBP | ||||
Ordinary 10 10/11p | Purchase | 18,690 | 2.1077 GBP | ||||
Ordinary 10 10/11p | Purchase | 18,682 | 2.1182 GBP | ||||
Ordinary 10 10/11p | Purchase | 17,138 | 2.0979 GBP | ||||
Ordinary 10 10/11p | Purchase | 13,434 | 2.1448 GBP | ||||
Ordinary 10 10/11p | Purchase | 12,803 | 2.1515 GBP | ||||
Ordinary 10 10/11p | Purchase | 12,140 | 2.1406 GBP | ||||
Ordinary 10 10/11p | Purchase | 10,828 | 2.1105 GBP | ||||
Ordinary 10 10/11p | Purchase | 10,000 | 2.0973 GBP | ||||
Ordinary 10 10/11p | Purchase | 8,423 | 2.1275 GBP | ||||
Ordinary 10 10/11p | Purchase | 6,053 | 2.1091 GBP | ||||
Ordinary 10 10/11p | Purchase | 5,931 | 2.1326 GBP | ||||
Ordinary 10 10/11p | Purchase | 5,471 | 2.1480 GBP | ||||
Ordinary 10 10/11p | Purchase | 2,277 | 2.0985 GBP | ||||
Ordinary 10 10/11p | Purchase | 2,109 | 2.1293 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,750 | 2.1420 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,335 | 2.1080 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,299 | 2.1490 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,282 | 2.0965 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,221 | 2.1150 GBP | ||||
Ordinary 10 10/11p | Purchase | 1,179 | 2.1070 GBP | ||||
Ordinary 10 10/11p | Purchase | 587 | 2.1330 GBP | ||||
Ordinary 10 10/11p | Purchase | 239 | 2.1200 GBP | ||||
Ordinary 10 10/11p | Purchase | 238 | 2.1240 GBP | ||||
Ordinary 10 10/11p | Purchase | 61 | 2.1290 GBP | ||||
Ordinary 10 10/11p | Purchase | 27 | 2.1220 GBP | ||||
Ordinary 10 10/11p | Purchase | 25 | 2.1280 GBP | ||||
Ordinary 10 10/11p | Purchase | 23 | 2.1160 GBP | ||||
Ordinary 10 10/11p | Purchase | 17 | 2.1390 GBP | ||||
Ordinary 10 10/11p | Purchase | 2 | 2.1380 GBP | ||||
Ordinary 10 10/11p | Purchase | 1 | 2.1260 GBP | ||||
Ordinary 10 10/11p | Purchase | 1 | 2.1000 GBP | ||||
Ordinary 10 10/11p | Sale | 175,403 | 2.1212 GBP | ||||
Ordinary 10 10/11p | Sale | 155,211 | 2.0980 GBP | ||||
Ordinary 10 10/11p | Sale | 123,288 | 2.0990 GBP | ||||
Ordinary 10 10/11p | Sale | 114,889 | 2.1255 GBP | ||||
Ordinary 10 10/11p | Sale | 112,323 | 2.0979 GBP | ||||
Ordinary 10 10/11p | Sale | 81,930 | 2.0987 GBP | ||||
Ordinary 10 10/11p | Sale | 57,034 | 2.1372 GBP | ||||
Ordinary 10 10/11p | Sale | 56,798 | 2.1210 GBP | ||||
Ordinary 10 10/11p | Sale | 49,904 | 2.1211 GBP | ||||
Ordinary 10 10/11p | Sale | 46,847 | 2.1266 GBP | ||||
Ordinary 10 10/11p | Sale | 46,204 | 2.1079 GBP | ||||
Ordinary 10 10/11p | Sale | 40,018 | 2.1218 GBP | ||||
Ordinary 10 10/11p | Sale | 36,934 | 2.0986 GBP | ||||
Ordinary 10 10/11p | Sale | 32,421 | 2.1391 GBP | ||||
Ordinary 10 10/11p | Sale | 25,878 | 2.1460 GBP | ||||
Ordinary 10 10/11p | Sale | 23,768 | 2.1439 GBP | ||||
Ordinary 10 10/11p | Sale | 23,110 | 2.1313 GBP | ||||
Ordinary 10 10/11p | Sale | 22,306 | 2.1295 GBP | ||||
Ordinary 10 10/11p | Sale | 20,235 | 2.1440 GBP | ||||
Ordinary 10 10/11p | Sale | 20,000 | 2.1345 GBP | ||||
Ordinary 10 10/11p | Sale | 18,313 | 2.1405 GBP | ||||
Ordinary 10 10/11p | Sale | 18,143 | 2.1298 GBP | ||||
Ordinary 10 10/11p | Sale | 8,783 | 2.1163 GBP | ||||
Ordinary 10 10/11p | Sale | 7,831 | 2.1348 GBP | ||||
Ordinary 10 10/11p | Sale | 6,781 | 2.1435 GBP | ||||
Ordinary 10 10/11p | Sale | 6,426 | 2.1499 GBP | ||||
Ordinary 10 10/11p | Sale | 5,471 | 2.1480 GBP | ||||
Ordinary 10 10/11p | Sale | 3,623 | 2.1101 GBP | ||||
Ordinary 10 10/11p | Sale | 2,945 | 2.1090 GBP | ||||
Ordinary 10 10/11p | Sale | 2,535 | 2.1165 GBP | ||||
Ordinary 10 10/11p | Sale | 2,190 | 2.0920 GBP | ||||
Ordinary 10 10/11p | Sale | 1,623 | 2.1070 GBP | ||||
Ordinary 10 10/11p | Sale | 1,519 | 2.1033 GBP | ||||
Ordinary 10 10/11p | Sale | 1,500 | 2.1481 GBP | ||||
Ordinary 10 10/11p | Sale | 1,299 | 2.1490 GBP | ||||
Ordinary 10 10/11p | Sale | 1,282 | 2.0965 GBP | ||||
Ordinary 10 10/11p | Sale | 1,221 | 2.1150 GBP | ||||
Ordinary 10 10/11p | Sale | 990 | 2.0985 GBP | ||||
Ordinary 10 10/11p | Sale | 841 | 2.1025 GBP | ||||
Ordinary 10 10/11p | Sale | 472 | 2.1106 GBP | ||||
Ordinary 10 10/11p | Sale | 380 | 2.1407 GBP | ||||
Ordinary 10 10/11p | Sale | 239 | 2.1200 GBP | ||||
Ordinary 10 10/11p | Sale | 238 | 2.1240 GBP | ||||
Ordinary 10 10/11p | Sale | 61 | 2.1290 GBP | ||||
Ordinary 10 10/11p | Sale | 27 | 2.1220 GBP | ||||
Ordinary 10 10/11p | Sale | 25 | 2.1280 GBP | ||||
Ordinary 10 10/11p | Sale | 23 | 2.1160 GBP | ||||
Ordinary 10 10/11p | Sale | 17 | 2.1390 GBP | ||||
Ordinary 10 10/11p | Sale | 2 | 2.1380 GBP | ||||
Ordinary 10 10/11p | Sale | 1 | 2.1260 GBP | ||||
Ordinary 10 10/11p | Sale | 1 | 2.1000 GBP | ||||
Ordinary 10 10/11p | Sale | 117 | 2.0974 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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Ordinary 10 10/11p | SWAP | Decreasing Long | 500 | 2.1100 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 587 | 2.1330 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 617 | 2.0922 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 879 | 2.0760 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 1,750 | 2.1420 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 4,072 | 2.0820 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 18,682 | 2.1182 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 88,756 | 2.0980 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Long | 144,805 | 2.1194 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 1,519 | 2.1033 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 6,426 | 2.1499 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 7,450 | 2.1127 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 8,041 | 2.1423 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 11,199 | 2.1330 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 12,418 | 2.1562 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 18,143 | 2.1298 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 32,502 | 2.1083 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 37,000 | 2.1170 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 40,018 | 2.1218 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 55,816 | 2.0980 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 76,438 | 2.1432 GBP | |||
Ordinary 10 10/11p | SWAP | Decreasing Short | 100,000 | 2.1498 GBP | |||
Ordinary 10 10/11p | CFD | Decreasing Short | 112,323 | 2.0979 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 209 | 2.0900 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 4,998 | 2.1112 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 7,076 | 2.1113 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 36,160 | 2.1287 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 43,748 | 2.1201 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 49,904 | 2.1211 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 113,730 | 2.0980 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Long | 114,889 | 2.1255 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 4,161 | 2.1123 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 4,442 | 2.0965 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 5,805 | 2.1026 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 8,042 | 2.1018 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 24,570 | 2.1186 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 30,260 | 2.1161 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 51,717 | 2.1250 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 76,438 | 2.1499 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 91,666 | 2.0980 GBP | |||
Ordinary 10 10/11p | CFD | Increasing Short | 102,958 | 2.0979 GBP | |||
Ordinary 10 10/11p | SWAP | Increasing Short | 170,546 | 2.0980 GBP | |||
Ordinary 10 10/11p | SWAP | Opening Long | 36,934 | 2.0986 GBP | |||
Ordinary 10 10/11p | SWAP | Opening Long | 81,930 | 2.0987 GBP | |||
Ordinary 10 10/11p | SWAP | Opening Short | 10,000 | 2.0973 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 05 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysDirect Line