GoldmanSachs International Form 8.5 (EPT/RI)-DIRECT LINE INSURANCE GROUP PLC
March 26 2024 - 6:14AM
RNS Regulatory News
RNS Number : 3464I
GoldmanSachs International
26 March 2024
FORM 8.5
(EPT/RI)
PUBLIC DEALING DISCLOSURE BY
AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS
DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code
(the "Code")
1. KEY
INFORMATION
|
(a) Name of exempt principal
trader:
|
(GS)
GOLDMAN SACHS INTERNATIONAL
|
|
(b) Name of offeror/offeree
in relation to whose relevant securities this form
relates:
Use
a separate form for each offeror/offeree
|
DIRECT LINE
INSURANCE GROUP PLC
|
|
(c) Name of the party to the
offer with which exempt principal trader is
connected:
|
DIRECT LINE
INSURANCE GROUP PLC
|
|
(d) Date dealing
undertaken:
|
25 March
2024
|
|
(e) In addition to the
company in 1(b) above, is the exempt principal trader making
disclosures in respect of any other party to the
offer?
If
it is a cash offer or possible cash offer, state
"N/A"
|
YES -
disclosed previously for AGEAS SA/NV
|
2. DEALINGS BY
THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of
relevant securities of the offeror or offeree named in 1(b), copy
table 2(a), (b), (c) or (d) (as appropriate) for each additional
class of relevant security dealt in.
The currency of all prices and other monetary amounts should
be stated.
(a) Purchases and
sales
|
Class of relevant
security
|
Purchases/
sales
|
Total number of
securities
|
Highest price per unit
paid/received
|
Lowest price per unit
paid/received
|
|
Ordinary
10 10/11p
|
Purchases
|
9,634,835
|
1.9005
GBP
|
1.7800
GBP
|
|
Ordinary
10 10/11p
|
Sales
|
3,777,783
|
1.9011
GBP
|
1.7911
GBP
|
(b) Cash-settled
derivative transactions
|
Class of relevant
security
|
Product
description
e.g. CFD
|
Nature of
dealing
e.g. opening/closing a
long/short position, increasing/reducing a long/short
position
|
Number of reference
securities
|
Price per
unit
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
30,986
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
479
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
7,746
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
386
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
6,227
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
960
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
48,183
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
3,840
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
772
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
1,921
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
528
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
2,114
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
425
|
1.7834
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
75,253
|
1.7922
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
429,423
|
1.7922
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
130,847
|
1.7987
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
146,067
|
1.7987
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
45,735
|
1.7987
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
15,790
|
1.7991
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
759,420
|
1.8001
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
365,886
|
1.8005
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
2,087,892
|
1.8005
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
360,000
|
1.8009
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
360,000
|
1.8041
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing a short position
|
574,063
|
1.8061
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
1,470,469
|
1.8136
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
257,688
|
1.8136
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
284,983
|
1.8177
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
49,941
|
1.8177
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing a long position
|
763
|
1.8223
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a long position
|
10
|
1.8259
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
58,726
|
1.8303
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
65,557
|
1.8303
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
20,526
|
1.8303
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
379,978
|
1.8320
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
66,588
|
1.8320
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
189,989
|
1.8334
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
33,294
|
1.8334
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
long position
|
60,000
|
1.8345
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing a short position
|
202,008
|
1.8451
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing a short position
|
341,695
|
1.8451
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
8,519
|
1.8506
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
3,884
|
1.8536
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
1,562
|
1.8536
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
long position
|
2,023
|
1.8539
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Increasing a long position
|
4,966
|
1.8540
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
33,294
|
1.8545
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
189,989
|
1.8545
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a long position
|
63,637
|
1.8628
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Opening a
short position
|
213,760
|
1.8644
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
67,561
|
1.8964
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
383,003
|
1.8964
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
117,560
|
1.8972
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
666,448
|
1.8972
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
3,351
|
1.9005
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
15,820
|
1.9007
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
6,910
|
1.9011
GBP
|
|
Ordinary
10 10/11p
|
CFD
|
Reducing
a short position
|
39,176
|
1.9011
GBP
|
(c) Stock-settled
derivative transactions (including options)
(i) Writing,
selling, purchasing or varying
|
Class of relevant
security
|
Product
description e.g. call
option
|
Writing, purchasing, selling,
varying etc.
|
Number of securities to which
option relates
|
Exercise price per
unit
|
Type
e.g. American, European
etc.
|
Expiry date
|
Option money paid/ received
per unit
|
|
|
|
|
|
|
|
|
|
(ii)
Exercise
|
Class of relevant
security
|
Product
description
e.g. call
option
|
Exercising / exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
(d) Other dealings
(including subscribing for new securities)
|
Class of relevant
security
|
Nature of
dealing
e.g. subscription,
conversion
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
|
3. OTHER
INFORMATION
(a) Indemnity and
other dealing 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:
Irrevocable commitments and
letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state
"none"
|
|
NONE
|
(b) Agreements,
arrangements or understandings relating to options or
derivatives
|
Details of any agreement,
arrangement or understanding, formal or informal, between the
exempt principal trader 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 or
future acquisition or disposal of any relevant securities to which
any derivative is referenced:
If there are no such
agreements, arrangements or understandings, state
"none"
|
|
NONE
|
Date of disclosure:
|
26 March
2024
|
Contact name:
|
Papa Lette
and Andrzej Szyszka
|
Telephone number:
|
+33(1) 4212
1459 / +48(22) 317 4817
|
Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.
The
Panel's Market Surveillance Unit is available for consultation in
relation to the Code's disclosure requirements on +44 (0)20 7638
0129.
The
Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
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.
END
FERPPUPGWUPCGGQ
Direct Line Insurance (LSE:DLG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Direct Line Insurance (LSE:DLG)
Historical Stock Chart
From Apr 2023 to Apr 2024
