17th Jan 2025 14:33
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 Jan 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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| 20,185,841 | 0.75% | 19,959,543 | 0.75% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 2,078,191 | 0.08% | 15,519,411 | 0.58% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 788,922 | 0.03% |
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| TOTAL: |
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| 22,264,032 | 0.83% | 36,267,876 | 1.35% |
(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 |
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32 17/19p ordinary | Purchase | 503,396 | 4.8899 GBP | ||||
32 17/19p ordinary | Purchase | 109,320 | 4.8982 GBP | ||||
32 17/19p ordinary | Purchase | 102,365 | 4.8939 GBP | ||||
32 17/19p ordinary | Purchase | 95,187 | 4.8981 GBP | ||||
32 17/19p ordinary | Purchase | 82,442 | 4.9151 GBP | ||||
32 17/19p ordinary | Purchase | 77,892 | 4.9177 GBP | ||||
32 17/19p ordinary | Purchase | 77,180 | 4.9122 GBP | ||||
32 17/19p ordinary | Purchase | 53,533 | 4.9127 GBP | ||||
32 17/19p ordinary | Purchase | 40,873 | 4.8977 GBP | ||||
32 17/19p ordinary | Purchase | 37,935 | 4.8895 GBP | ||||
32 17/19p ordinary | Purchase | 37,442 | 4.9072 GBP | ||||
32 17/19p ordinary | Purchase | 35,704 | 4.8967 GBP | ||||
32 17/19p ordinary | Purchase | 32,434 | 4.8978 GBP | ||||
32 17/19p ordinary | Purchase | 31,292 | 4.8907 GBP | ||||
32 17/19p ordinary | Purchase | 30,361 | 4.8860 GBP | ||||
32 17/19p ordinary | Purchase | 29,073 | 4.9042 GBP | ||||
32 17/19p ordinary | Purchase | 25,024 | 4.9078 GBP | ||||
32 17/19p ordinary | Purchase | 24,675 | 4.9179 GBP | ||||
32 17/19p ordinary | Purchase | 23,498 | 4.8815 GBP | ||||
32 17/19p ordinary | Purchase | 22,748 | 4.9170 GBP | ||||
32 17/19p ordinary | Purchase | 15,526 | 4.8645 GBP | ||||
32 17/19p ordinary | Purchase | 11,407 | 4.9090 GBP | ||||
32 17/19p ordinary | Purchase | 10,516 | 4.8989 GBP | ||||
32 17/19p ordinary | Purchase | 9,518 | 4.8760 GBP | ||||
32 17/19p ordinary | Purchase | 6,656 | 4.8870 GBP | ||||
32 17/19p ordinary | Purchase | 6,636 | 4.8850 GBP | ||||
32 17/19p ordinary | Purchase | 5,817 | 4.8932 GBP | ||||
32 17/19p ordinary | Purchase | 5,257 | 4.8510 GBP | ||||
32 17/19p ordinary | Purchase | 4,834 | 4.8740 GBP | ||||
32 17/19p ordinary | Purchase | 4,416 | 4.8520 GBP | ||||
32 17/19p ordinary | Purchase | 4,388 | 4.8700 GBP | ||||
32 17/19p ordinary | Purchase | 4,019 | 4.8960 GBP | ||||
32 17/19p ordinary | Purchase | 3,693 | 4.8690 GBP | ||||
32 17/19p ordinary | Purchase | 3,439 | 4.9140 GBP | ||||
32 17/19p ordinary | Purchase | 3,095 | 4.8887 GBP | ||||
32 17/19p ordinary | Purchase | 2,944 | 4.8710 GBP | ||||
32 17/19p ordinary | Purchase | 2,809 | 4.8824 GBP | ||||
ADR | Purchase | 2,800 | 12.1400 USD | ||||
32 17/19p ordinary | Purchase | 2,225 | 4.9129 GBP | ||||
32 17/19p ordinary | Purchase | 2,116 | 4.8931 GBP | ||||
32 17/19p ordinary | Purchase | 1,677 | 4.8905 GBP | ||||
32 17/19p ordinary | Purchase | 1,613 | 4.8955 GBP | ||||
32 17/19p ordinary | Purchase | 1,538 | 4.8810 GBP | ||||
32 17/19p ordinary | Purchase | 1,536 | 4.8720 GBP | ||||
32 17/19p ordinary | Purchase | 1,437 | 4.9150 GBP | ||||
32 17/19p ordinary | Purchase | 1,434 | 4.8900 GBP | ||||
32 17/19p ordinary | Purchase | 1,113 | 4.8500 GBP | ||||
32 17/19p ordinary | Purchase | 1,065 | 4.8930 GBP | ||||
ADR | Purchase | 800 | 12.1450 USD | ||||
32 17/19p ordinary | Purchase | 746 | 4.8680 GBP | ||||
32 17/19p ordinary | Purchase | 722 | 4.8890 GBP | ||||
32 17/19p ordinary | Purchase | 702 | 4.8950 GBP | ||||
32 17/19p ordinary | Purchase | 660 | 4.9114 GBP | ||||
32 17/19p ordinary | Purchase | 523 | 4.8750 GBP | ||||
32 17/19p ordinary | Purchase | 501 | 4.8670 GBP | ||||
32 17/19p ordinary | Purchase | 483 | 4.8945 GBP | ||||
32 17/19p ordinary | Purchase | 478 | 4.9060 GBP | ||||
32 17/19p ordinary | Purchase | 388 | 4.9120 GBP | ||||
32 17/19p ordinary | Purchase | 329 | 4.8470 GBP | ||||
32 17/19p ordinary | Purchase | 284 | 4.8650 GBP | ||||
32 17/19p ordinary | Purchase | 275 | 4.8660 GBP | ||||
32 17/19p ordinary | Purchase | 272 | 4.9110 GBP | ||||
32 17/19p ordinary | Purchase | 244 | 4.8450 GBP | ||||
32 17/19p ordinary | Purchase | 243 | 4.8729 GBP | ||||
32 17/19p ordinary | Purchase | 146 | 4.8600 GBP | ||||
32 17/19p ordinary | Purchase | 95 | 4.8730 GBP | ||||
32 17/19p ordinary | Sale | 723,966 | 4.9170 GBP | ||||
32 17/19p ordinary | Sale | 397,536 | 4.9118 GBP | ||||
32 17/19p ordinary | Sale | 185,813 | 4.8916 GBP | ||||
32 17/19p ordinary | Sale | 125,171 | 4.9167 GBP | ||||
32 17/19p ordinary | Sale | 108,692 | 4.9066 GBP | ||||
32 17/19p ordinary | Sale | 108,202 | 4.8909 GBP | ||||
32 17/19p ordinary | Sale | 106,920 | 4.9100 GBP | ||||
32 17/19p ordinary | Sale | 62,985 | 4.8875 GBP | ||||
32 17/19p ordinary | Sale | 60,272 | 4.8970 GBP | ||||
32 17/19p ordinary | Sale | 59,770 | 4.9160 GBP | ||||
32 17/19p ordinary | Sale | 51,555 | 4.8776 GBP | ||||
32 17/19p ordinary | Sale | 49,088 | 4.8998 GBP | ||||
32 17/19p ordinary | Sale | 30,941 | 4.8985 GBP | ||||
32 17/19p ordinary | Sale | 24,841 | 4.8814 GBP | ||||
32 17/19p ordinary | Sale | 20,400 | 4.8868 GBP | ||||
32 17/19p ordinary | Sale | 19,880 | 4.8734 GBP | ||||
32 17/19p ordinary | Sale | 15,174 | 4.9030 GBP | ||||
32 17/19p ordinary | Sale | 12,740 | 4.9072 GBP | ||||
32 17/19p ordinary | Sale | 11,886 | 4.8923 GBP | ||||
32 17/19p ordinary | Sale | 10,567 | 4.8826 GBP | ||||
32 17/19p ordinary | Sale | 10,500 | 4.9090 GBP | ||||
32 17/19p ordinary | Sale | 10,421 | 4.9083 GBP | ||||
32 17/19p ordinary | Sale | 9,518 | 4.8760 GBP | ||||
32 17/19p ordinary | Sale | 8,585 | 4.9134 GBP | ||||
32 17/19p ordinary | Sale | 8,471 | 4.8942 GBP | ||||
32 17/19p ordinary | Sale | 6,636 | 4.8850 GBP | ||||
32 17/19p ordinary | Sale | 5,819 | 4.8495 GBP | ||||
32 17/19p ordinary | Sale | 5,581 | 4.8912 GBP | ||||
32 17/19p ordinary | Sale | 5,257 | 4.8510 GBP | ||||
32 17/19p ordinary | Sale | 5,213 | 4.8695 GBP | ||||
32 17/19p ordinary | Sale | 4,834 | 4.8740 GBP | ||||
32 17/19p ordinary | Sale | 4,416 | 4.8520 GBP | ||||
32 17/19p ordinary | Sale | 4,389 | 4.8799 GBP | ||||
32 17/19p ordinary | Sale | 4,388 | 4.8700 GBP | ||||
32 17/19p ordinary | Sale | 4,116 | 4.8919 GBP | ||||
32 17/19p ordinary | Sale | 3,709 | 4.8710 GBP | ||||
32 17/19p ordinary | Sale | 3,700 | 4.8910 GBP | ||||
32 17/19p ordinary | Sale | 3,693 | 4.8690 GBP | ||||
32 17/19p ordinary | Sale | 3,455 | 4.9169 GBP | ||||
32 17/19p ordinary | Sale | 3,088 | 4.8825 GBP | ||||
ADR | Sale | 2,800 | 12.1400 USD | ||||
32 17/19p ordinary | Sale | 2,711 | 4.8961 GBP | ||||
32 17/19p ordinary | Sale | 2,643 | 4.8921 GBP | ||||
32 17/19p ordinary | Sale | 2,184 | 4.8959 GBP | ||||
32 17/19p ordinary | Sale | 1,800 | 4.8950 GBP | ||||
32 17/19p ordinary | Sale | 1,613 | 4.8955 GBP | ||||
32 17/19p ordinary | Sale | 1,538 | 4.8810 GBP | ||||
32 17/19p ordinary | Sale | 1,536 | 4.8720 GBP | ||||
32 17/19p ordinary | Sale | 1,437 | 4.9150 GBP | ||||
32 17/19p ordinary | Sale | 1,241 | 4.8668 GBP | ||||
32 17/19p ordinary | Sale | 1,113 | 4.8500 GBP | ||||
32 17/19p ordinary | Sale | 1,065 | 4.8930 GBP | ||||
32 17/19p ordinary | Sale | 1,030 | 4.8897 GBP | ||||
32 17/19p ordinary | Sale | 1,009 | 4.8938 GBP | ||||
32 17/19p ordinary | Sale | 1,000 | 4.8728 GBP | ||||
32 17/19p ordinary | Sale | 801 | 4.8937 GBP | ||||
ADR | Sale | 800 | 12.1450 USD | ||||
32 17/19p ordinary | Sale | 746 | 4.8680 GBP | ||||
32 17/19p ordinary | Sale | 726 | 4.8736 GBP | ||||
32 17/19p ordinary | Sale | 722 | 4.8890 GBP | ||||
32 17/19p ordinary | Sale | 548 | 4.8900 GBP | ||||
32 17/19p ordinary | Sale | 523 | 4.8750 GBP | ||||
32 17/19p ordinary | Sale | 501 | 4.8670 GBP | ||||
32 17/19p ordinary | Sale | 489 | 4.9110 GBP | ||||
32 17/19p ordinary | Sale | 478 | 4.9060 GBP | ||||
32 17/19p ordinary | Sale | 450 | 4.8960 GBP | ||||
32 17/19p ordinary | Sale | 446 | 4.8724 GBP | ||||
32 17/19p ordinary | Sale | 419 | 4.8694 GBP | ||||
32 17/19p ordinary | Sale | 388 | 4.9120 GBP | ||||
32 17/19p ordinary | Sale | 353 | 4.8931 GBP | ||||
32 17/19p ordinary | Sale | 338 | 4.8730 GBP | ||||
32 17/19p ordinary | Sale | 329 | 4.8470 GBP | ||||
32 17/19p ordinary | Sale | 289 | 4.8870 GBP | ||||
32 17/19p ordinary | Sale | 284 | 4.8650 GBP | ||||
32 17/19p ordinary | Sale | 275 | 4.8660 GBP | ||||
32 17/19p ordinary | Sale | 255 | 4.8990 GBP | ||||
32 17/19p ordinary | Sale | 244 | 4.8450 GBP | ||||
32 17/19p ordinary | Sale | 218 | 4.9080 GBP | ||||
32 17/19p ordinary | Sale | 146 | 4.8600 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 | Decreasing Short | 40 | 4.8490 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,819 | 4.8495 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 726 | 4.8736 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 100,600 | 4.8757 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,215 | 4.8859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,825 | 4.8860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 62,985 | 4.8875 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,628 | 4.8902 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 185,813 | 4.8916 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 80,608 | 4.8930 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 57,166 | 4.8943 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 615 | 4.8950 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 60,272 | 4.8970 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,088 | 4.8998 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,383 | 4.8999 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 108,692 | 4.9066 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,654 | 4.9070 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,421 | 4.9083 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,703 | 4.9114 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 107,866 | 4.9132 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,585 | 4.9134 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 59,770 | 4.9160 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 125,171 | 4.9167 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 102,606 | 4.9169 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 290,177 | 4.9170 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 806 | 4.8670 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,982 | 4.8804 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 819 | 4.8821 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,697 | 4.8832 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,851 | 4.8841 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,095 | 4.8887 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 64,957 | 4.8895 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 102,365 | 4.8939 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 35,704 | 4.8967 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,873 | 4.8977 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 32,434 | 4.8978 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 95,187 | 4.8981 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 464 | 4.9074 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 25,024 | 4.9078 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,214 | 4.9111 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,900 | 4.9116 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 77,180 | 4.9122 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 53,533 | 4.9127 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 27,710 | 4.9170 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 77,892 | 4.9177 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,675 | 4.9179 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 22,896 | 4.8905 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 3,049 | 4.8997 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 634 | 4.9046 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,152 | 4.9077 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 434 | 4.9126 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,244 | 4.9166 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,244 | 4.8653 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 30,361 | 4.8860 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 786 | 4.9122 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 8,796 | 4.9161 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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(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? | YES | ||||||
Date of disclosure: | 17 Jan 2025 | ||||||
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 | AVIVA PLC | ||||||
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 | |
32 17/19p ordinary | Call Options | Written | -322,248 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -241,312 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,786 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,576 | 5.3176 | European | 05 Jun 2025 | |
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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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Related Shares:
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