Citadel Group — Major Shareholding Notification 2024

Mar 21, 2024

National Storage Mechanism | Additional information

RNS Number : 7897H

Citadel Group

21 March 2024

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:	Citadel Group
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) 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
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	20 March 2024
(f)  In addition to the company in 1(c) above, is the discloser 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 AGEAS SA/NV

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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: Common Stock	ISIN GB00BY9D0Y18
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	306,550	0.02	62,060	0.00
(2) Cash-settled derivatives:	22,581,197	1.72	0	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	22,887,747	1.74	62,060	0.00

Class of relevant security: Common Stock	ISIN XS1728036366
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0.00	0	0.00
(2) Cash-settled derivatives:	0	0.00	0	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	0	0.00	0	0.00

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
Common	Buy Transaction	1,491	2.1040 GBP
Common	Buy Transaction	1,844	2.1050 GBP
Common	Buy Transaction	8,649	2.1060 GBP
Common	Buy Transaction	185	2.1070 GBP
Common	Buy Transaction	4,780	2.1080 GBP
Common	Buy Transaction	529	2.1085 GBP
Common	Buy Transaction	4,321	2.1090 GBP
Common	Buy Transaction	20,609	2.1100 GBP
Common	Buy Transaction	1,117	2.1120 GBP
Common	Buy Transaction	10	2.1150 GBP
Common	Buy Transaction	200	2.1180 GBP
Common	Buy Transaction	3,058	2.1185 GBP
Common	Buy Transaction	4,121	2.1190 GBP
Common	Buy Transaction	1,049	2.1195 GBP
Common	Buy Transaction	80	2.1200 GBP
Common	Buy Transaction	7,574	2.1210 GBP
Common	Buy Transaction	8,564	2.1220 GBP
Common	Buy Transaction	205	2.1230 GBP
Common	Buy Transaction	1,185	2.1235 GBP
Common	Buy Transaction	4,551	2.1240 GBP
Common	Buy Transaction	193	2.1245 GBP
Common	Buy Transaction	14,347	2.1250 GBP
Common	Buy Transaction	31,952	2.1260 GBP
Common	Buy Transaction	19,256	2.1270 GBP
Common	Buy Transaction	10,683	2.1280 GBP
Common	Buy Transaction	4,014	2.1290 GBP
Common	Buy Transaction	3,416	2.1300 GBP
Common	Buy Transaction	2,433	2.1305 GBP
Common	Buy Transaction	3,257	2.1310 GBP
Common	Buy Transaction	7,062	2.1320 GBP
Common	Buy Transaction	7,078	2.1340 GBP
Common	Buy Transaction	1,300	2.1350 GBP
Common	Sell Transaction	665	2.0910 GBP
Common	Sell Transaction	48	2.0920 GBP
Common	Sell Transaction	3,937	2.0930 GBP
Common	Sell Transaction	2,642	2.0940 GBP
Common	Sell Transaction	1,449	2.0970 GBP
Common	Sell Transaction	641	2.0980 GBP
Common	Sell Transaction	11,841	2.1000 GBP
Common	Sell Transaction	994	2.1010 GBP
Common	Sell Transaction	9,054	2.1020 GBP
Common	Sell Transaction	6,630	2.1030 GBP
Common	Sell Transaction	2,059	2.1040 GBP
Common	Sell Transaction	12,084	2.1050 GBP
Common	Sell Transaction	18,513	2.1060 GBP
Common	Sell Transaction	12,736	2.1070 GBP
Common	Sell Transaction	21,023	2.1080 GBP
Common	Sell Transaction	4,231	2.1090 GBP
Common	Sell Transaction	27,781	2.1100 GBP
Common	Sell Transaction	4,718	2.1110 GBP
Common	Sell Transaction	2,178	2.1120 GBP
Common	Sell Transaction	3,300	2.1130 GBP
Common	Sell Transaction	1,543	2.1140 GBP
Common	Sell Transaction	227	2.1170 GBP
Common	Sell Transaction	2,684	2.1180 GBP
Common	Sell Transaction	10,470	2.1190 GBP
Common	Sell Transaction	14,274	2.1200 GBP
Common	Sell Transaction	8,322	2.1210 GBP
Common	Sell Transaction	14,387	2.1220 GBP
Common	Sell Transaction	7,183	2.1230 GBP
Common	Sell Transaction	655	2.1240 GBP
Common	Sell Transaction	7,203	2.1250 GBP
Common	Sell Transaction	24,227	2.1260 GBP
Common	Sell Transaction	650	2.1270 GBP
Common	Sell Transaction	14,225	2.1280 GBP
Common	Sell Transaction	13,372	2.1290 GBP
Common	Sell Transaction	3,650	2.1300 GBP
Common	Sell Transaction	229	2.1305 GBP
Common	Sell Transaction	9,117	2.1310 GBP
Common	Sell Transaction	10,521	2.1320 GBP
Common	Sell Transaction	215	2.1325 GBP
Common	Sell Transaction	1,600	2.1330 GBP
Common	Sell Transaction	10	2.1340 GBP
Common	Sell Transaction	65	10.9400 USD

(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
Common	CFD	Increasing long position	2,865	2.1024 GBP
Common	CFD	Reducing long position	5,457	2.1048 GBP
Common	CFD	Reducing long position	27,512	2.1060 GBP
Common	CFD	Increasing long position	55,974	2.1124 GBP
Common	CFD	Increasing long position	7,697	2.1131 GBP
Common	CFD	Increasing long position	15,201	2.1150 GBP
Common	CFD	Increasing long position	20,167	2.1153 GBP
Common	CFD	Increasing long position	10,412	2.1186 GBP
Common	CFD	Increasing long position	1,838	2.1199 GBP
Common	CFD	Increasing long position	58,053	2.1211 GBP
Common	CFD	Reducing long position	5,767	2.1248 GBP
Common	CFD	Reducing long position	42,882	2.1270 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)

4.         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 person 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 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 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

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?	NO

Date of disclosure:	21 March 2024
Contact name:	Paula Santos
Telephone number*:	020 7645 9700

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.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

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