| 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 | AGEAS SA/NV | |||||
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| 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 | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 29 Feb 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? | DIRECT LINE INSURANCE GROUP PLC |
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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 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 2,514,271 | 1.34% | 1,498,126 | 0.80% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 435,742 | 0.23% | 447,689 | 0.24% |
| (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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| 2,950,013 | 1.57% | 1,945,815 | 1.04% |
| Class of relevant security: | Convertible Bond XS0147484074 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 500,000 | 0.27% | 0 | 0.00% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 0 | 0.00% | 0 | 0.00% |
| (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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| 500,000 | 0.27% | 0 | 0.00% |
| Class of relevant security: | Convertible Bond BE0933899800 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 1,750,000 | 0.93% | 0 | 0.00% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 0 | 0.00% | 0 | 0.00% |
| (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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| 1,750,000 | 0.93% | 0 | 0.00% |
| (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 |
| securities |
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| Ordinary | Purchase | 189,380 | 39.1985 EUR | ||||
| Ordinary | Purchase | 80,997 | 39.2000 EUR | ||||
| Ordinary | Purchase | 63,333 | 39.1910 EUR | ||||
| Ordinary | Purchase | 52,663 | 39.1824 EUR | ||||
| Ordinary | Purchase | 51,291 | 39.1717 EUR | ||||
| Ordinary | Purchase | 29,680 | 39.1897 EUR | ||||
| Ordinary | Purchase | 20,131 | 39.2400 EUR | ||||
| Ordinary | Purchase | 18,553 | 39.1748 EUR | ||||
| Ordinary | Purchase | 13,137 | 39.1870 EUR | ||||
| Ordinary | Purchase | 11,634 | 39.1805 EUR | ||||
| Ordinary | Purchase | 10,324 | 39.1106 EUR | ||||
| Ordinary | Purchase | 10,184 | 39.2013 EUR | ||||
| Ordinary | Purchase | 7,995 | 39.0539 EUR | ||||
| Ordinary | Purchase | 7,352 | 39.0886 EUR | ||||
| Ordinary | Purchase | 4,496 | 38.9775 EUR | ||||
| Ordinary | Purchase | 4,309 | 39.0831 EUR | ||||
| Ordinary | Purchase | 3,506 | 38.9070 EUR | ||||
| Ordinary | Purchase | 3,502 | 38.9529 EUR | ||||
| Ordinary | Purchase | 3,160 | 39.0788 EUR | ||||
| Ordinary | Purchase | 2,418 | 38.9861 EUR | ||||
| Ordinary | Purchase | 2,069 | 39.0388 EUR | ||||
| Ordinary | Purchase | 1,968 | 38.8463 EUR | ||||
| Ordinary | Purchase | 1,904 | 38.9870 EUR | ||||
| Ordinary | Purchase | 1,256 | 39.1300 EUR | ||||
| Ordinary | Purchase | 1,199 | 39.0705 EUR | ||||
| Ordinary | Purchase | 1,090 | 39.0452 EUR | ||||
| Ordinary | Purchase | 1,076 | 39.0122 EUR | ||||
| Ordinary | Purchase | 917 | 39.0349 EUR | ||||
| Ordinary | Purchase | 728 | 38.9882 EUR | ||||
| Ordinary | Purchase | 668 | 39.0254 EUR | ||||
| Ordinary | Purchase | 613 | 39.0436 EUR | ||||
| Ordinary | Purchase | 595 | 38.9412 EUR | ||||
| Ordinary | Purchase | 516 | 38.8309 EUR | ||||
| Ordinary | Purchase | 469 | 39.0919 EUR | ||||
| Ordinary | Purchase | 451 | 39.1088 EUR | ||||
| Ordinary | Purchase | 395 | 39.0878 EUR | ||||
| Ordinary | Purchase | 383 | 39.0767 EUR | ||||
| Ordinary | Purchase | 373 | 38.8966 EUR | ||||
| Ordinary | Purchase | 346 | 39.1905 EUR | ||||
| Ordinary | Purchase | 236 | 39.0384 EUR | ||||
| Ordinary | Purchase | 196 | 38.7490 EUR | ||||
| Ordinary | Purchase | 165 | 38.6600 EUR | ||||
| Ordinary | Purchase | 148 | 39.2939 EUR | ||||
| Ordinary | Purchase | 121 | 39.1019 EUR | ||||
| Ordinary | Purchase | 110 | 39.0600 EUR | ||||
| Ordinary | Purchase | 107 | 38.8300 EUR | ||||
| Ordinary | Purchase | 95 | 39.0839 EUR | ||||
| Ordinary | Purchase | 86 | 39.0950 EUR | ||||
| Ordinary | Purchase | 84 | 38.3699 EUR | ||||
| Ordinary | Purchase | 79 | 39.0800 EUR | ||||
| Ordinary | Purchase | 79 | 38.1300 EUR | ||||
| Ordinary | Purchase | 77 | 39.0250 EUR | ||||
| Ordinary | Purchase | 61 | 38.6850 EUR | ||||
| Ordinary | Purchase | 55 | 38.7000 EUR | ||||
| Ordinary | Purchase | 53 | 38.3919 EUR | ||||
| Ordinary | Purchase | 36 | 39.1475 EUR | ||||
| Ordinary | Purchase | 29 | 38.9300 EUR | ||||
| Ordinary | Purchase | 27 | 39.1522 EUR | ||||
| Ordinary | Purchase | 21 | 39.0400 EUR | ||||
| Ordinary | Purchase | 7 | 39.0085 EUR | ||||
| Ordinary | Purchase | 3 | 38.9800 EUR | ||||
| Ordinary | Purchase | 2 | 38.3700 EUR | ||||
| Ordinary | Purchase | 1 | 39.1400 EUR | ||||
| Ordinary | Sale | 189,380 | 39.1985 EUR | ||||
| Ordinary | Sale | 153,474 | 39.1826 EUR | ||||
| Ordinary | Sale | 49,227 | 39.1937 EUR | ||||
| Ordinary | Sale | 36,999 | 38.1600 EUR | ||||
| Ordinary | Sale | 32,172 | 39.2199 EUR | ||||
| Ordinary | Sale | 26,274 | 39.1870 EUR | ||||
| Ordinary | Sale | 25,291 | 39.1533 EUR | ||||
| Ordinary | Sale | 20,652 | 39.2000 EUR | ||||
| Ordinary | Sale | 18,824 | 39.2400 EUR | ||||
| Ordinary | Sale | 18,553 | 39.1748 EUR | ||||
| Ordinary | Sale | 14,447 | 39.1454 EUR | ||||
| Ordinary | Sale | 9,743 | 39.2021 EUR | ||||
| Ordinary | Sale | 6,300 | 39.0746 EUR | ||||
| Ordinary | Sale | 2,424 | 38.8325 EUR | ||||
| Ordinary | Sale | 2,248 | 38.9775 EUR | ||||
| Ordinary | Sale | 1,968 | 38.8463 EUR | ||||
| Ordinary | Sale | 1,904 | 38.9870 EUR | ||||
| Ordinary | Sale | 1,329 | 39.2367 EUR | ||||
| Ordinary | Sale | 1,302 | 38.9347 EUR | ||||
| Ordinary | Sale | 1,076 | 39.0122 EUR | ||||
| Ordinary | Sale | 1,071 | 39.1486 EUR | ||||
| Ordinary | Sale | 1,034 | 38.6820 EUR | ||||
| Ordinary | Sale | 969 | 39.0433 EUR | ||||
| Ordinary | Sale | 960 | 39.1825 EUR | ||||
| Ordinary | Sale | 933 | 39.0719 EUR | ||||
| Ordinary | Sale | 917 | 39.0349 EUR | ||||
| Ordinary | Sale | 858 | 39.1116 EUR | ||||
| Ordinary | Sale | 653 | 38.9269 EUR | ||||
| Ordinary | Sale | 613 | 38.8684 EUR | ||||
| Ordinary | Sale | 536 | 39.0056 EUR | ||||
| Ordinary | Sale | 480 | 38.9671 EUR | ||||
| Ordinary | Sale | 393 | 39.1158 EUR | ||||
| Ordinary | Sale | 392 | 38.7490 EUR | ||||
| Ordinary | Sale | 383 | 39.0767 EUR | ||||
| Ordinary | Sale | 373 | 38.8966 EUR | ||||
| Ordinary | Sale | 364 | 38.9882 EUR | ||||
| Ordinary | Sale | 334 | 39.0254 EUR | ||||
| Ordinary | Sale | 330 | 38.6600 EUR | ||||
| Ordinary | Sale | 258 | 38.8309 EUR | ||||
| Ordinary | Sale | 239 | 39.1957 EUR | ||||
| Ordinary | Sale | 149 | 39.0860 EUR | ||||
| Ordinary | Sale | 121 | 39.0600 EUR | ||||
| Ordinary | Sale | 118 | 39.0384 EUR | ||||
| Ordinary | Sale | 116 | 39.0694 EUR | ||||
| Ordinary | Sale | 86 | 39.0950 EUR | ||||
| Ordinary | Sale | 79 | 38.1300 EUR | ||||
| Ordinary | Sale | 79 | 39.0800 EUR | ||||
| Ordinary | Sale | 77 | 39.0811 EUR | ||||
| Ordinary | Sale | 77 | 39.0250 EUR | ||||
| Ordinary | Sale | 68 | 38.9788 EUR | ||||
| Ordinary | Sale | 58 | 38.9300 EUR | ||||
| Ordinary | Sale | 58 | 39.0400 EUR | ||||
| Ordinary | Sale | 55 | 38.7000 EUR | ||||
| Ordinary | Sale | 36 | 39.1514 EUR | ||||
| Ordinary | Sale | 4 | 39.0200 EUR | ||||
| Ordinary | Sale | 3 | 38.9800 EUR | ||||
| Ordinary | Sale | 1 | 38.3700 EUR | ||||
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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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| securities |
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| Ordinary | SWAP | Closing Long | 6,296 | 39.2000 EUR | |||
| Ordinary | SWAP | Closing Short | 44 | 38.2600 EUR | |||
| Ordinary | SWAP | Decreasing Long | 1 | 39.0000 EUR | |||
| Ordinary | SWAP | Decreasing Long | 3 | 39.0090 EUR | |||
| Ordinary | SWAP | Decreasing Long | 3 | 39.1527 EUR | |||
| Ordinary | SWAP | Decreasing Long | 64 | 39.1022 EUR | |||
| Ordinary | SWAP | Decreasing Long | 71 | 39.2939 EUR | |||
| Ordinary | SWAP | Decreasing Long | 230 | 39.0918 EUR | |||
| Ordinary | SWAP | Decreasing Long | 609 | 39.0705 EUR | |||
| Ordinary | SWAP | Decreasing Long | 1,836 | 39.0836 EUR | |||
| Ordinary | SWAP | Decreasing Long | 2,342 | 38.9788 EUR | |||
| Ordinary | SWAP | Decreasing Long | 3,502 | 38.9529 EUR | |||
| Ordinary | SWAP | Decreasing Long | 5,450 | 39.2013 EUR | |||
| Ordinary | SWAP | Decreasing Short | 1 | 39.0000 EUR | |||
| Ordinary | SWAP | Decreasing Short | 58 | 39.0400 EUR | |||
| Ordinary | SWAP | Decreasing Short | 165 | 38.6600 EUR | |||
| Ordinary | SWAP | Decreasing Short | 196 | 38.7490 EUR | |||
| Ordinary | SWAP | Decreasing Short | 326 | 39.2000 EUR | |||
| Ordinary | SWAP | Decreasing Short | 480 | 38.9671 EUR | |||
| Ordinary | CFD | Decreasing Short | 1,034 | 38.6820 EUR | |||
| Ordinary | SWAP | Decreasing Short | 5,391 | 39.1684 EUR | |||
| Ordinary | CFD | Decreasing Short | 12,179 | 39.2000 EUR | |||
| Ordinary | SWAP | Decreasing Short | 25,291 | 39.1534 EUR | |||
| Ordinary | SWAP | Increasing Long | 3,470 | 38.9428 EUR | |||
| Ordinary | SWAP | Increasing Long | 36,999 | 38.1600 EUR | |||
| Ordinary | SWAP | Increasing Short | 1 | 38.9838 EUR | |||
| Ordinary | SWAP | Increasing Short | 2 | 38.9788 EUR | |||
| Ordinary | SWAP | Increasing Short | 3 | 39.1542 EUR | |||
| Ordinary | SWAP | Increasing Short | 4 | 39.0090 EUR | |||
| Ordinary | SWAP | Increasing Short | 5 | 39.1123 EUR | |||
| Ordinary | SWAP | Increasing Short | 21 | 39.1520 EUR | |||
| Ordinary | SWAP | Increasing Short | 37 | 39.0919 EUR | |||
| Ordinary | SWAP | Increasing Short | 44 | 38.2600 EUR | |||
| Ordinary | SWAP | Increasing Short | 52 | 39.1003 EUR | |||
| Ordinary | SWAP | Increasing Short | 65 | 39.0682 EUR | |||
| Ordinary | SWAP | Increasing Short | 77 | 39.2939 EUR | |||
| Ordinary | SWAP | Increasing Short | 118 | 39.0384 EUR | |||
| Ordinary | SWAP | Increasing Short | 202 | 39.0921 EUR | |||
| Ordinary | SWAP | Increasing Short | 233 | 39.1742 EUR | |||
| Ordinary | SWAP | Increasing Short | 258 | 38.8309 EUR | |||
| Ordinary | SWAP | Increasing Short | 361 | 39.0776 EUR | |||
| Ordinary | SWAP | Increasing Short | 364 | 38.9882 EUR | |||
| Ordinary | SWAP | Increasing Short | 412 | 39.2244 EUR | |||
| Ordinary | SWAP | Increasing Short | 525 | 39.0707 EUR | |||
| Ordinary | SWAP | Increasing Short | 961 | 39.0263 EUR | |||
| Ordinary | SWAP | Increasing Short | 1,256 | 39.1300 EUR | |||
| Ordinary | SWAP | Increasing Short | 1,894 | 39.1741 EUR | |||
| Ordinary | SWAP | Increasing Short | 2,064 | 38.9681 EUR | |||
| Ordinary | SWAP | Increasing Short | 2,112 | 39.0835 EUR | |||
| Ordinary | SWAP | Increasing Short | 2,305 | 39.0672 EUR | |||
| Ordinary | CFD | Increasing Short | 3,437 | 38.8771 EUR | |||
| Ordinary | CFD | Increasing Short | 4,000 | 39.2000 EUR | |||
| Ordinary | SWAP | Increasing Short | 4,734 | 39.2013 EUR | |||
| Ordinary | SWAP | Increasing Short | 10,324 | 39.1106 EUR | |||
| Ordinary | SWAP | Opening Long | 29 | 38.9300 EUR | |||
| Ordinary | SWAP | Opening Long | 570 | 39.1978 EUR | |||
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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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| paid/ |
| 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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| relates |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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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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| applicable) | ||||
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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? | YES | ||||||
| Date of disclosure: | 01 Mar 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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| DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO | |||||||
| PURCHASE OR SELL ETC. | |||||||
| Note 5(i) on Rule 8 of the Takeover Code (the "Code") | |||||||
| 1. | KEY INFORMATION | ||||||
| Identity of the person whose positions/dealings | Barclays PLC. | ||||||
| are being disclosed: | |||||||
| Name of offeror/offeree in relation to whose | AGEAS SA/NV | ||||||
| relevant securities this from relates: | |||||||
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| 2. | OPTIONS AND DERIVATIVES | ||||||
| Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | |
| Ordinary | Call Options | Purchased | 6,841 | 40.5519 | European | 2024-03-04 00:00:00 | |
| Ordinary | Call Options | Purchased | 7,085 | 42.9153 | European | 2024-03-01 00:00:00 | |
| Ordinary | Futures | Selling | -9,090 | 38.6240 | NA | TBC | |
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| 3. | AGREEMENTS TO PURCHASE OR SELL ETC. | ||||||
| Full details should be given so that the nature of the interest or position can be fully understood: | |||||||
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