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 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.