8th Mar 2024 12:47
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: | 07 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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| 16,392,445 | 1.25% | 16,765,284 | 1.28% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 6,759,951 | 0.52% | 14,846,492 | 1.13% |
(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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| 23,152,396 | 1.77% | 31,611,776 | 2.41% |
(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 | 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 | ||||
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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 | 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 | |||
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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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| per unit |
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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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| securities | unit | |||
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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: | 08 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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