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Form 8.3 AVIVA PLC

3rd Mar 2025 13:21

RNS Number : 1306Z
Barclays PLC
03 March 2025
 

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

AVIVA 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:

28 Feb 2025

(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?

DIRECT LINE INSURANCE GROUP PLC

 

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:

32 17/19p ordinary

 

Interests

Short Positions

 

Number

(%)

Number

(%)

(1)

Relevant securities owned

 

 

 

 

 

and/or controlled:

 

 

24,332,815

0.91%

27,409,531

1.02%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,736,917

0.44%

17,350,255

0.65%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,364

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

36,069,732

1.35%

44,985,150

1.68%

(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

 

32 17/19p ordinary

Purchase

1,463,725

5.4440 GBP

32 17/19p ordinary

Purchase

1,450,636

5.4434 GBP

32 17/19p ordinary

Purchase

295,456

5.4431 GBP

32 17/19p ordinary

Purchase

258,808

5.4267 GBP

32 17/19p ordinary

Purchase

138,826

5.4252 GBP

32 17/19p ordinary

Purchase

122,176

5.4172 GBP

32 17/19p ordinary

Purchase

112,196

5.4626 GBP

32 17/19p ordinary

Purchase

94,784

5.4251 GBP

32 17/19p ordinary

Purchase

81,581

5.4118 GBP

32 17/19p ordinary

Purchase

80,659

5.4232 GBP

32 17/19p ordinary

Purchase

78,168

5.4433 GBP

32 17/19p ordinary

Purchase

67,833

5.4442 GBP

32 17/19p ordinary

Purchase

45,605

5.4445 GBP

32 17/19p ordinary

Purchase

38,921

5.3938 GBP

32 17/19p ordinary

Purchase

34,694

5.4244 GBP

32 17/19p ordinary

Purchase

32,455

5.4396 GBP

32 17/19p ordinary

Purchase

30,092

5.4389 GBP

32 17/19p ordinary

Purchase

27,186

5.4323 GBP

32 17/19p ordinary

Purchase

26,109

5.4184 GBP

32 17/19p ordinary

Purchase

23,584

5.4081 GBP

32 17/19p ordinary

Purchase

22,467

5.4330 GBP

32 17/19p ordinary

Purchase

21,694

5.4659 GBP

32 17/19p ordinary

Purchase

17,398

5.3995 GBP

32 17/19p ordinary

Purchase

16,610

5.4195 GBP

32 17/19p ordinary

Purchase

16,098

5.4238 GBP

32 17/19p ordinary

Purchase

15,366

5.3898 GBP

32 17/19p ordinary

Purchase

14,364

5.3979 GBP

32 17/19p ordinary

Purchase

13,954

5.4153 GBP

32 17/19p ordinary

Purchase

11,514

5.4040 GBP

32 17/19p ordinary

Purchase

11,374

5.4070 GBP

32 17/19p ordinary

Purchase

11,197

5.4207 GBP

32 17/19p ordinary

Purchase

8,791

5.4060 GBP

32 17/19p ordinary

Purchase

8,506

5.4481 GBP

32 17/19p ordinary

Purchase

8,497

5.4620 GBP

32 17/19p ordinary

Purchase

6,840

5.4291 GBP

32 17/19p ordinary

Purchase

6,642

5.4080 GBP

32 17/19p ordinary

Purchase

6,636

5.4520 GBP

32 17/19p ordinary

Purchase

5,625

5.4120 GBP

32 17/19p ordinary

Purchase

5,601

5.4469 GBP

32 17/19p ordinary

Purchase

5,580

5.4497 GBP

32 17/19p ordinary

Purchase

5,500

5.4246 GBP

32 17/19p ordinary

Purchase

5,350

5.4020 GBP

32 17/19p ordinary

Purchase

5,170

5.4580 GBP

32 17/19p ordinary

Purchase

4,560

5.4600 GBP

32 17/19p ordinary

Purchase

4,556

5.4300 GBP

32 17/19p ordinary

Purchase

4,019

5.4328 GBP

32 17/19p ordinary

Purchase

3,968

5.4591 GBP

32 17/19p ordinary

Purchase

3,967

5.4132 GBP

32 17/19p ordinary

Purchase

3,883

5.3880 GBP

32 17/19p ordinary

Purchase

3,536

5.4260 GBP

32 17/19p ordinary

Purchase

3,341

5.3857 GBP

32 17/19p ordinary

Purchase

3,267

5.4148 GBP

32 17/19p ordinary

Purchase

3,240

5.4220 GBP

32 17/19p ordinary

Purchase

3,104

5.3993 GBP

32 17/19p ordinary

Purchase

2,951

5.4400 GBP

32 17/19p ordinary

Purchase

2,868

5.4513 GBP

32 17/19p ordinary

Purchase

2,854

5.3860 GBP

32 17/19p ordinary

Purchase

2,809

5.4269 GBP

32 17/19p ordinary

Purchase

2,807

5.4100 GBP

32 17/19p ordinary

Purchase

2,700

5.4188 GBP

32 17/19p ordinary

Purchase

2,599

5.4180 GBP

32 17/19p ordinary

Purchase

2,474

5.4426 GBP

32 17/19p ordinary

Purchase

2,385

5.3800 GBP

32 17/19p ordinary

Purchase

2,294

5.4382 GBP

32 17/19p ordinary

Purchase

1,975

5.3960 GBP

32 17/19p ordinary

Purchase

1,819

5.3820 GBP

32 17/19p ordinary

Purchase

1,717

5.4334 GBP

32 17/19p ordinary

Purchase

1,661

5.4000 GBP

32 17/19p ordinary

Purchase

1,622

5.4194 GBP

32 17/19p ordinary

Purchase

1,422

5.3856 GBP

32 17/19p ordinary

Purchase

1,409

5.3840 GBP

32 17/19p ordinary

Purchase

1,366

5.4407 GBP

32 17/19p ordinary

Purchase

1,325

5.3900 GBP

ADR

Purchase

1,274

13.9580 USD

32 17/19p ordinary

Purchase

1,136

5.4200 GBP

32 17/19p ordinary

Purchase

1,043

5.3940 GBP

32 17/19p ordinary

Purchase

1,039

5.3920 GBP

32 17/19p ordinary

Purchase

863

5.3980 GBP

32 17/19p ordinary

Purchase

759

5.4720 GBP

32 17/19p ordinary

Purchase

741

5.4738 GBP

32 17/19p ordinary

Purchase

741

5.4740 GBP

32 17/19p ordinary

Purchase

648

5.4353 GBP

32 17/19p ordinary

Purchase

415

5.4443 GBP

32 17/19p ordinary

Purchase

377

5.4280 GBP

32 17/19p ordinary

Purchase

112

5.4066 GBP

32 17/19p ordinary

Purchase

103

5.4420 GBP

ADR

Purchase

102

13.9100 USD

32 17/19p ordinary

Purchase

42

5.4067 GBP

ADR

Purchase

28

13.9164 USD

32 17/19p ordinary

Purchase

12

5.4460 GBP

32 17/19p ordinary

Sale

1,317,349

5.4440 GBP

32 17/19p ordinary

Sale

858,293

5.4525 GBP

32 17/19p ordinary

Sale

720,271

5.4420 GBP

32 17/19p ordinary

Sale

637,352

5.4443 GBP

32 17/19p ordinary

Sale

255,600

5.4243 GBP

32 17/19p ordinary

Sale

250,848

5.4437 GBP

32 17/19p ordinary

Sale

235,365

5.4522 GBP

32 17/19p ordinary

Sale

233,700

5.4051 GBP

32 17/19p ordinary

Sale

183,646

5.4497 GBP

32 17/19p ordinary

Sale

180,161

5.4429 GBP

32 17/19p ordinary

Sale

161,881

5.4558 GBP

32 17/19p ordinary

Sale

118,070

5.4368 GBP

32 17/19p ordinary

Sale

115,674

5.4317 GBP

32 17/19p ordinary

Sale

91,494

5.4186 GBP

32 17/19p ordinary

Sale

83,062

5.4264 GBP

32 17/19p ordinary

Sale

75,599

5.4485 GBP

32 17/19p ordinary

Sale

70,786

5.4251 GBP

32 17/19p ordinary

Sale

57,699

5.4552 GBP

32 17/19p ordinary

Sale

54,787

5.4594 GBP

32 17/19p ordinary

Sale

48,914

5.4417 GBP

32 17/19p ordinary

Sale

45,561

5.4659 GBP

32 17/19p ordinary

Sale

40,324

5.4535 GBP

32 17/19p ordinary

Sale

29,880

5.4358 GBP

32 17/19p ordinary

Sale

25,635

5.4559 GBP

32 17/19p ordinary

Sale

25,030

5.4138 GBP

32 17/19p ordinary

Sale

23,662

5.4431 GBP

32 17/19p ordinary

Sale

23,320

5.4438 GBP

32 17/19p ordinary

Sale

20,377

5.4436 GBP

32 17/19p ordinary

Sale

20,259

5.4406 GBP

32 17/19p ordinary

Sale

19,369

5.4445 GBP

32 17/19p ordinary

Sale

16,549

5.4395 GBP

32 17/19p ordinary

Sale

16,456

5.4353 GBP

32 17/19p ordinary

Sale

16,373

5.4620 GBP

32 17/19p ordinary

Sale

15,046

5.4389 GBP

32 17/19p ordinary

Sale

13,497

5.4359 GBP

32 17/19p ordinary

Sale

12,113

5.4456 GBP

32 17/19p ordinary

Sale

11,742

5.4496 GBP

32 17/19p ordinary

Sale

11,514

5.4040 GBP

32 17/19p ordinary

Sale

9,828

5.4494 GBP

32 17/19p ordinary

Sale

9,258

5.4060 GBP

32 17/19p ordinary

Sale

8,876

5.4599 GBP

32 17/19p ordinary

Sale

8,711

5.4364 GBP

32 17/19p ordinary

Sale

8,336

5.4524 GBP

32 17/19p ordinary

Sale

8,305

5.4195 GBP

32 17/19p ordinary

Sale

8,136

5.4297 GBP

32 17/19p ordinary

Sale

7,201

5.4579 GBP

32 17/19p ordinary

Sale

7,182

5.3979 GBP

32 17/19p ordinary

Sale

7,141

5.4580 GBP

32 17/19p ordinary

Sale

6,642

5.4080 GBP

32 17/19p ordinary

Sale

6,278

5.4561 GBP

32 17/19p ordinary

Sale

6,234

5.4049 GBP

32 17/19p ordinary

Sale

6,187

5.4289 GBP

32 17/19p ordinary

Sale

5,935

5.4451 GBP

32 17/19p ordinary

Sale

5,910

5.4520 GBP

32 17/19p ordinary

Sale

5,664

5.4088 GBP

32 17/19p ordinary

Sale

5,625

5.4120 GBP

32 17/19p ordinary

Sale

5,594

5.4042 GBP

32 17/19p ordinary

Sale

5,350

5.4020 GBP

32 17/19p ordinary

Sale

4,781

5.4100 GBP

32 17/19p ordinary

Sale

4,338

5.4059 GBP

32 17/19p ordinary

Sale

4,110

5.4269 GBP

32 17/19p ordinary

Sale

4,038

5.4600 GBP

32 17/19p ordinary

Sale

3,883

5.3880 GBP

32 17/19p ordinary

Sale

3,799

5.4180 GBP

32 17/19p ordinary

Sale

3,536

5.4260 GBP

32 17/19p ordinary

Sale

2,854

5.3860 GBP

32 17/19p ordinary

Sale

2,643

5.4634 GBP

32 17/19p ordinary

Sale

2,385

5.3800 GBP

32 17/19p ordinary

Sale

2,038

5.4543 GBP

32 17/19p ordinary

Sale

1,975

5.3960 GBP

32 17/19p ordinary

Sale

1,819

5.3820 GBP

32 17/19p ordinary

Sale

1,661

5.4000 GBP

32 17/19p ordinary

Sale

1,568

5.4492 GBP

32 17/19p ordinary

Sale

1,325

5.3900 GBP

32 17/19p ordinary

Sale

1,136

5.4200 GBP

32 17/19p ordinary

Sale

1,119

5.4560 GBP

32 17/19p ordinary

Sale

1,043

5.3940 GBP

32 17/19p ordinary

Sale

1,039

5.3920 GBP

32 17/19p ordinary

Sale

987

5.4220 GBP

ADR

Sale

926

13.9536 USD

32 17/19p ordinary

Sale

892

5.4061 GBP

32 17/19p ordinary

Sale

863

5.3980 GBP

32 17/19p ordinary

Sale

762

5.4530 GBP

32 17/19p ordinary

Sale

741

5.4740 GBP

32 17/19p ordinary

Sale

586

5.4190 GBP

32 17/19p ordinary

Sale

497

5.3879 GBP

32 17/19p ordinary

Sale

409

5.3840 GBP

32 17/19p ordinary

Sale

377

5.4280 GBP

32 17/19p ordinary

Sale

377

5.4281 GBP

ADR

Sale

348

13.9700 USD

32 17/19p ordinary

Sale

176

5.4382 GBP

32 17/19p ordinary

Sale

123

5.4592 GBP

ADR

Sale

102

13.9100 USD

ADR

Sale

28

13.9164 USD

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

32 17/19p ordinary

SWAP

Decreasing Long

35,006

5.4435 GBP

32 17/19p ordinary

SWAP

Decreasing Short

497

5.3879 GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,049

5.4035 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,594

5.4042 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,612

5.4142 GBP

32 17/19p ordinary

SWAP

Decreasing Short

39,092

5.4222 GBP

32 17/19p ordinary

SWAP

Decreasing Short

246,923

5.4226 GBP

32 17/19p ordinary

SWAP

Decreasing Short

115,674

5.4317 GBP

32 17/19p ordinary

SWAP

Decreasing Short

32,458

5.4321 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,671

5.4331 GBP

32 17/19p ordinary

SWAP

Decreasing Short

463

5.4384 GBP

32 17/19p ordinary

SWAP

Decreasing Short

184

5.4387 GBP

32 17/19p ordinary

SWAP

Decreasing Short

205,844

5.4429 GBP

32 17/19p ordinary

SWAP

Decreasing Short

23,662

5.4431 GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,377

5.4436 GBP

32 17/19p ordinary

SWAP

Decreasing Short

359,320

5.4437 GBP

32 17/19p ordinary

SWAP

Decreasing Short

107,382

5.4439 GBP

32 17/19p ordinary

SWAP

Decreasing Short

11,647

5.4440 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,935

5.4451 GBP

32 17/19p ordinary

SWAP

Decreasing Short

12,113

5.4456 GBP

32 17/19p ordinary

SWAP

Decreasing Short

130,218

5.4509 GBP

32 17/19p ordinary

SWAP

Decreasing Short

235,365

5.4522 GBP

32 17/19p ordinary

SWAP

Decreasing Short

858,293

5.4525 GBP

32 17/19p ordinary

SWAP

Decreasing Short

174,454

5.4526 GBP

32 17/19p ordinary

SWAP

Decreasing Short

40,324

5.4535 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,038

5.4543 GBP

32 17/19p ordinary

SWAP

Decreasing Short

161,881

5.4558 GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,278

5.4561 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,300

5.4577 GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,201

5.4579 GBP

32 17/19p ordinary

SWAP

Decreasing Short

123

5.4592 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,876

5.4599 GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,876

5.4620 GBP

32 17/19p ordinary

SWAP

Decreasing Short

21,169

5.4639 GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,240

5.4646 GBP

32 17/19p ordinary

SWAP

Decreasing Short

18,152

5.4688 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,169

5.3962 GBP

32 17/19p ordinary

SWAP

Increasing Short

122,176

5.4172 GBP

32 17/19p ordinary

SWAP

Increasing Short

26,109

5.4184 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,342

5.4334 GBP

32 17/19p ordinary

SWAP

Increasing Short

104,416

5.4386 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,276

5.4400 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,378

5.4405 GBP

32 17/19p ordinary

SWAP

Increasing Short

720,452

5.4438 GBP

32 17/19p ordinary

SWAP

Increasing Short

677,208

5.4440 GBP

32 17/19p ordinary

SWAP

Increasing Short

415

5.4443 GBP

32 17/19p ordinary

SWAP

Increasing Short

5,650

5.4489 GBP

32 17/19p ordinary

SWAP

Increasing Long

20,436

5.4140 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,000

5.4440 GBP

32 17/19p ordinary

CFD

Decreasing Short

13,986

5.4373 GBP

32 17/19p ordinary

CFD

Decreasing Short

540,519

5.4440 GBP

32 17/19p ordinary

CFD

Decreasing Short

102

5.4515 GBP

32 17/19p ordinary

CFD

Decreasing Short

1,119

5.4559 GBP

32 17/19p ordinary

CFD

Decreasing Short

5,913

5.4581 GBP

32 17/19p ordinary

CFD

Decreasing Short

253

5.4660 GBP

32 17/19p ordinary

CFD

Increasing Short

2,111

5.4083 GBP

32 17/19p ordinary

CFD

Increasing Short

22,516

5.4439 GBP

32 17/19p ordinary

CFD

Increasing Short

215,343

5.4444 GBP

32 17/19p ordinary

CFD

Increasing Short

54,023

5.4456 GBP

32 17/19p ordinary

CFD

Increasing Short

1,274

5.4604 GBP

32 17/19p ordinary

CFD

Increasing Short

188,667

5.4680 GBP

32 17/19p ordinary

CFD

Increasing Short

29,761

5.4739 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?

YES

Date of disclosure:

03 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

 

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

-120,790

5.3305

European

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,574

5.3176

European

05 Jun 2025

 

 

 

 

 

 

 

 

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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