17th Jun 2025 14:37
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 | AVIVA 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: | 16 Jun 2025 | |||||
(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: | 32 17/19p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 9,641,771 | 0.36% | 14,593,676 | 0.54% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 13,671,954 | 0.51% | 8,474,612 | 0.32% |
(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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| 23,313,725 | 0.87% | 23,068,288 | 0.86% |
(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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32 17/19p ordinary | Purchase | 504,584 | 6.0581 GBP | ||||
32 17/19p ordinary | Purchase | 298,470 | 6.0570 GBP | ||||
32 17/19p ordinary | Purchase | 293,645 | 6.0600 GBP | ||||
32 17/19p ordinary | Purchase | 244,583 | 6.0594 GBP | ||||
32 17/19p ordinary | Purchase | 126,964 | 6.0555 GBP | ||||
32 17/19p ordinary | Purchase | 106,577 | 6.0589 GBP | ||||
32 17/19p ordinary | Purchase | 101,878 | 6.0573 GBP | ||||
32 17/19p ordinary | Purchase | 101,676 | 6.0571 GBP | ||||
32 17/19p ordinary | Purchase | 100,196 | 6.0430 GBP | ||||
32 17/19p ordinary | Purchase | 96,867 | 6.0576 GBP | ||||
32 17/19p ordinary | Purchase | 79,989 | 6.0497 GBP | ||||
32 17/19p ordinary | Purchase | 79,115 | 6.0507 GBP | ||||
32 17/19p ordinary | Purchase | 68,116 | 6.0620 GBP | ||||
32 17/19p ordinary | Purchase | 61,000 | 6.0527 GBP | ||||
32 17/19p ordinary | Purchase | 60,229 | 6.0502 GBP | ||||
32 17/19p ordinary | Purchase | 40,217 | 6.0628 GBP | ||||
32 17/19p ordinary | Purchase | 37,897 | 6.0580 GBP | ||||
32 17/19p ordinary | Purchase | 29,635 | 6.0626 GBP | ||||
32 17/19p ordinary | Purchase | 28,517 | 6.0540 GBP | ||||
32 17/19p ordinary | Purchase | 25,933 | 6.0648 GBP | ||||
32 17/19p ordinary | Purchase | 24,454 | 6.0510 GBP | ||||
32 17/19p ordinary | Purchase | 23,831 | 6.0474 GBP | ||||
32 17/19p ordinary | Purchase | 19,000 | 6.0694 GBP | ||||
32 17/19p ordinary | Purchase | 16,734 | 6.0590 GBP | ||||
32 17/19p ordinary | Purchase | 16,229 | 6.0486 GBP | ||||
32 17/19p ordinary | Purchase | 15,892 | 6.0454 GBP | ||||
32 17/19p ordinary | Purchase | 11,544 | 6.0606 GBP | ||||
32 17/19p ordinary | Purchase | 11,348 | 6.0560 GBP | ||||
32 17/19p ordinary | Purchase | 10,851 | 6.0586 GBP | ||||
32 17/19p ordinary | Purchase | 10,831 | 6.0605 GBP | ||||
32 17/19p ordinary | Purchase | 10,709 | 6.0607 GBP | ||||
32 17/19p ordinary | Purchase | 9,711 | 6.0520 GBP | ||||
32 17/19p ordinary | Purchase | 7,373 | 6.0512 GBP | ||||
32 17/19p ordinary | Purchase | 7,013 | 6.0559 GBP | ||||
32 17/19p ordinary | Purchase | 5,884 | 6.0719 GBP | ||||
32 17/19p ordinary | Purchase | 5,599 | 6.0550 GBP | ||||
32 17/19p ordinary | Purchase | 5,110 | 6.0419 GBP | ||||
32 17/19p ordinary | Purchase | 4,547 | 6.0403 GBP | ||||
32 17/19p ordinary | Purchase | 4,137 | 6.0640 GBP | ||||
32 17/19p ordinary | Purchase | 3,725 | 6.0458 GBP | ||||
32 17/19p ordinary | Purchase | 3,466 | 6.0350 GBP | ||||
32 17/19p ordinary | Purchase | 2,751 | 6.0365 GBP | ||||
32 17/19p ordinary | Purchase | 2,693 | 6.0464 GBP | ||||
32 17/19p ordinary | Purchase | 2,512 | 6.0505 GBP | ||||
32 17/19p ordinary | Purchase | 2,230 | 6.0537 GBP | ||||
32 17/19p ordinary | Purchase | 2,130 | 6.0445 GBP | ||||
32 17/19p ordinary | Purchase | 1,825 | 6.0633 GBP | ||||
32 17/19p ordinary | Purchase | 1,713 | 6.0380 GBP | ||||
32 17/19p ordinary | Purchase | 1,646 | 6.0693 GBP | ||||
32 17/19p ordinary | Purchase | 1,626 | 6.0400 GBP | ||||
32 17/19p ordinary | Purchase | 1,609 | 6.0460 GBP | ||||
32 17/19p ordinary | Purchase | 1,173 | 6.0564 GBP | ||||
32 17/19p ordinary | Purchase | 1,096 | 6.0612 GBP | ||||
32 17/19p ordinary | Purchase | 1,070 | 6.0379 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 6.0500 GBP | ||||
32 17/19p ordinary | Purchase | 962 | 6.0566 GBP | ||||
32 17/19p ordinary | Purchase | 866 | 6.0596 GBP | ||||
32 17/19p ordinary | Purchase | 859 | 6.0755 GBP | ||||
32 17/19p ordinary | Purchase | 839 | 6.0496 GBP | ||||
32 17/19p ordinary | Purchase | 835 | 6.0780 GBP | ||||
32 17/19p ordinary | Purchase | 812 | 6.0530 GBP | ||||
32 17/19p ordinary | Purchase | 711 | 6.0670 GBP | ||||
32 17/19p ordinary | Purchase | 617 | 6.0453 GBP | ||||
32 17/19p ordinary | Purchase | 562 | 6.0630 GBP | ||||
32 17/19p ordinary | Purchase | 540 | 6.0420 GBP | ||||
32 17/19p ordinary | Purchase | 534 | 6.0390 GBP | ||||
32 17/19p ordinary | Purchase | 201 | 6.0599 GBP | ||||
32 17/19p ordinary | Purchase | 199 | 6.0382 GBP | ||||
32 17/19p ordinary | Purchase | 73 | 6.0360 GBP | ||||
32 17/19p ordinary | Purchase | 49 | 6.0578 GBP | ||||
32 17/19p ordinary | Purchase | 36 | 6.0750 GBP | ||||
32 17/19p ordinary | Purchase | 17 | 6.0680 GBP | ||||
32 17/19p ordinary | Purchase | 11 | 6.0636 GBP | ||||
32 17/19p ordinary | Sale | 1,032,183 | 6.0544 GBP | ||||
32 17/19p ordinary | Sale | 225,936 | 6.0632 GBP | ||||
32 17/19p ordinary | Sale | 97,569 | 6.0599 GBP | ||||
32 17/19p ordinary | Sale | 70,931 | 6.0564 GBP | ||||
32 17/19p ordinary | Sale | 42,604 | 6.0600 GBP | ||||
32 17/19p ordinary | Sale | 40,317 | 6.0361 GBP | ||||
32 17/19p ordinary | Sale | 35,277 | 6.0582 GBP | ||||
32 17/19p ordinary | Sale | 26,787 | 6.0576 GBP | ||||
32 17/19p ordinary | Sale | 17,396 | 6.0546 GBP | ||||
32 17/19p ordinary | Sale | 16,209 | 6.0528 GBP | ||||
32 17/19p ordinary | Sale | 15,625 | 6.0480 GBP | ||||
32 17/19p ordinary | Sale | 11,596 | 6.0589 GBP | ||||
32 17/19p ordinary | Sale | 11,530 | 6.0602 GBP | ||||
32 17/19p ordinary | Sale | 9,837 | 6.0680 GBP | ||||
32 17/19p ordinary | Sale | 9,814 | 6.0522 GBP | ||||
32 17/19p ordinary | Sale | 7,723 | 6.0463 GBP | ||||
32 17/19p ordinary | Sale | 7,706 | 6.0488 GBP | ||||
32 17/19p ordinary | Sale | 7,047 | 6.0524 GBP | ||||
32 17/19p ordinary | Sale | 6,889 | 6.0537 GBP | ||||
32 17/19p ordinary | Sale | 5,623 | 6.0700 GBP | ||||
32 17/19p ordinary | Sale | 5,330 | 6.0579 GBP | ||||
32 17/19p ordinary | Sale | 4,626 | 6.0456 GBP | ||||
32 17/19p ordinary | Sale | 4,353 | 6.0462 GBP | ||||
32 17/19p ordinary | Sale | 3,818 | 6.0520 GBP | ||||
32 17/19p ordinary | Sale | 3,013 | 6.0515 GBP | ||||
32 17/19p ordinary | Sale | 2,791 | 6.0531 GBP | ||||
32 17/19p ordinary | Sale | 2,608 | 6.0540 GBP | ||||
32 17/19p ordinary | Sale | 2,222 | 6.0340 GBP | ||||
32 17/19p ordinary | Sale | 1,900 | 6.0469 GBP | ||||
32 17/19p ordinary | Sale | 1,733 | 6.0495 GBP | ||||
32 17/19p ordinary | Sale | 1,713 | 6.0380 GBP | ||||
32 17/19p ordinary | Sale | 1,626 | 6.0400 GBP | ||||
32 17/19p ordinary | Sale | 1,609 | 6.0460 GBP | ||||
32 17/19p ordinary | Sale | 1,510 | 6.0590 GBP | ||||
32 17/19p ordinary | Sale | 1,248 | 6.0591 GBP | ||||
32 17/19p ordinary | Sale | 1,237 | 6.0557 GBP | ||||
32 17/19p ordinary | Sale | 1,215 | 6.0593 GBP | ||||
32 17/19p ordinary | Sale | 1,202 | 6.0580 GBP | ||||
32 17/19p ordinary | Sale | 1,189 | 6.0500 GBP | ||||
32 17/19p ordinary | Sale | 1,161 | 6.0560 GBP | ||||
32 17/19p ordinary | Sale | 1,020 | 6.0563 GBP | ||||
32 17/19p ordinary | Sale | 936 | 6.0550 GBP | ||||
32 17/19p ordinary | Sale | 740 | 6.0556 GBP | ||||
32 17/19p ordinary | Sale | 711 | 6.0670 GBP | ||||
32 17/19p ordinary | Sale | 627 | 6.0541 GBP | ||||
32 17/19p ordinary | Sale | 562 | 6.0630 GBP | ||||
32 17/19p ordinary | Sale | 542 | 6.0570 GBP | ||||
32 17/19p ordinary | Sale | 540 | 6.0420 GBP | ||||
32 17/19p ordinary | Sale | 534 | 6.0390 GBP | ||||
32 17/19p ordinary | Sale | 497 | 6.0440 GBP | ||||
32 17/19p ordinary | Sale | 196 | 6.0430 GBP | ||||
32 17/19p ordinary | Sale | 36 | 6.0750 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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32 17/19p ordinary | SWAP | Increasing Long | 1 | 6.0359 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 40,317 | 6.0361 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,900 | 6.0469 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 227 | 6.0480 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,706 | 6.0488 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,733 | 6.0495 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 189 | 6.0500 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,305 | 6.0516 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 10,140 | 6.0527 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 64,666 | 6.0551 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1 | 6.0557 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 18,327 | 6.0562 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,020 | 6.0563 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,534 | 6.0571 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 26,787 | 6.0576 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,329 | 6.0579 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,830 | 6.0593 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 97,569 | 6.0599 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,419 | 6.0600 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 225,936 | 6.0632 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 260 | 6.0720 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 17,022 | 6.0469 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 60,424 | 6.0513 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,919 | 6.0529 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 43,039 | 6.0563 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 297,632 | 6.0570 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 78,437 | 6.0571 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 34,443 | 6.0582 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 83,065 | 6.0589 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 15,549 | 6.0594 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 490,042 | 6.0600 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,830 | 6.0606 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,096 | 6.0612 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 68,116 | 6.0620 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,612 | 6.0621 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 40,217 | 6.0628 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,825 | 6.0633 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 20,070 | 6.0677 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,403 | 6.0711 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,884 | 6.0719 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 6,018 | 6.0542 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 10,601 | 6.0595 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 24,785 | 6.0510 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 228,932 | 6.0581 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 800 | 6.0584 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,018 | 6.0604 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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| relates |
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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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(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: | 17 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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