6th Dec 2024 14:43
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: | 05 Dec 2024 | |||||
(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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| 24,867,953 | 0.93% | 23,175,164 | 0.87% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,458,830 | 0.05% | 22,554,075 | 0.84% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,099,485 | 0.04% |
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| TOTAL: |
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| 26,326,783 | 0.98% | 46,828,724 | 1.75% |
(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 | 894,101 | 4.8580 GBP | ||||
32 17/19p ordinary | Purchase | 452,369 | 4.8908 GBP | ||||
32 17/19p ordinary | Purchase | 449,854 | 4.8940 GBP | ||||
32 17/19p ordinary | Purchase | 298,144 | 4.8578 GBP | ||||
32 17/19p ordinary | Purchase | 114,572 | 4.8563 GBP | ||||
32 17/19p ordinary | Purchase | 100,956 | 4.8605 GBP | ||||
32 17/19p ordinary | Purchase | 94,594 | 4.8612 GBP | ||||
32 17/19p ordinary | Purchase | 83,027 | 4.8553 GBP | ||||
32 17/19p ordinary | Purchase | 75,820 | 4.8539 GBP | ||||
32 17/19p ordinary | Purchase | 41,430 | 4.8579 GBP | ||||
32 17/19p ordinary | Purchase | 36,280 | 4.8311 GBP | ||||
32 17/19p ordinary | Purchase | 24,303 | 4.8371 GBP | ||||
32 17/19p ordinary | Purchase | 24,064 | 4.8674 GBP | ||||
32 17/19p ordinary | Purchase | 23,983 | 4.8390 GBP | ||||
32 17/19p ordinary | Purchase | 16,943 | 4.8620 GBP | ||||
32 17/19p ordinary | Purchase | 14,285 | 4.8701 GBP | ||||
32 17/19p ordinary | Purchase | 12,103 | 4.8610 GBP | ||||
32 17/19p ordinary | Purchase | 8,991 | 4.8180 GBP | ||||
32 17/19p ordinary | Purchase | 8,627 | 4.8926 GBP | ||||
32 17/19p ordinary | Purchase | 5,523 | 4.8361 GBP | ||||
32 17/19p ordinary | Purchase | 4,710 | 4.8464 GBP | ||||
32 17/19p ordinary | Purchase | 3,909 | 4.8450 GBP | ||||
32 17/19p ordinary | Purchase | 3,807 | 4.8654 GBP | ||||
32 17/19p ordinary | Purchase | 3,795 | 4.8680 GBP | ||||
32 17/19p ordinary | Purchase | 3,623 | 4.8205 GBP | ||||
ADR | Purchase | 3,200 | 12.5475 USD | ||||
32 17/19p ordinary | Purchase | 3,162 | 4.8451 GBP | ||||
32 17/19p ordinary | Purchase | 3,071 | 4.8750 GBP | ||||
32 17/19p ordinary | Purchase | 3,069 | 4.8930 GBP | ||||
32 17/19p ordinary | Purchase | 3,060 | 4.8277 GBP | ||||
32 17/19p ordinary | Purchase | 3,019 | 4.8310 GBP | ||||
32 17/19p ordinary | Purchase | 2,967 | 4.8685 GBP | ||||
32 17/19p ordinary | Purchase | 2,732 | 4.8417 GBP | ||||
32 17/19p ordinary | Purchase | 2,242 | 4.8569 GBP | ||||
32 17/19p ordinary | Purchase | 1,895 | 4.8679 GBP | ||||
32 17/19p ordinary | Purchase | 1,790 | 4.8562 GBP | ||||
32 17/19p ordinary | Purchase | 1,728 | 4.8320 GBP | ||||
ADR | Purchase | 1,702 | 12.5976 USD | ||||
32 17/19p ordinary | Purchase | 1,494 | 4.8458 GBP | ||||
32 17/19p ordinary | Purchase | 1,193 | 4.8380 GBP | ||||
32 17/19p ordinary | Purchase | 807 | 4.8530 GBP | ||||
32 17/19p ordinary | Purchase | 790 | 4.8300 GBP | ||||
32 17/19p ordinary | Purchase | 777 | 4.8660 GBP | ||||
32 17/19p ordinary | Purchase | 756 | 4.8290 GBP | ||||
32 17/19p ordinary | Purchase | 644 | 4.8830 GBP | ||||
32 17/19p ordinary | Purchase | 621 | 4.8760 GBP | ||||
32 17/19p ordinary | Purchase | 576 | 4.8840 GBP | ||||
32 17/19p ordinary | Purchase | 415 | 4.8240 GBP | ||||
32 17/19p ordinary | Purchase | 307 | 4.8945 GBP | ||||
32 17/19p ordinary | Purchase | 252 | 4.8280 GBP | ||||
32 17/19p ordinary | Purchase | 226 | 4.8770 GBP | ||||
32 17/19p ordinary | Purchase | 47 | 4.8520 GBP | ||||
32 17/19p ordinary | Purchase | 2 | 4.8410 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 4.8370 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 4.8646 GBP | ||||
32 17/19p ordinary | Sale | 1,339,991 | 4.8180 GBP | ||||
32 17/19p ordinary | Sale | 277,146 | 4.8820 GBP | ||||
32 17/19p ordinary | Sale | 196,373 | 4.8940 GBP | ||||
32 17/19p ordinary | Sale | 185,735 | 4.8679 GBP | ||||
32 17/19p ordinary | Sale | 157,980 | 4.8732 GBP | ||||
32 17/19p ordinary | Sale | 126,065 | 4.8947 GBP | ||||
32 17/19p ordinary | Sale | 125,000 | 4.8505 GBP | ||||
32 17/19p ordinary | Sale | 122,612 | 4.8544 GBP | ||||
32 17/19p ordinary | Sale | 114,448 | 4.8939 GBP | ||||
32 17/19p ordinary | Sale | 83,665 | 4.8736 GBP | ||||
32 17/19p ordinary | Sale | 65,755 | 4.8310 GBP | ||||
32 17/19p ordinary | Sale | 58,877 | 4.8943 GBP | ||||
32 17/19p ordinary | Sale | 51,264 | 4.8515 GBP | ||||
32 17/19p ordinary | Sale | 46,974 | 4.8470 GBP | ||||
32 17/19p ordinary | Sale | 44,037 | 4.8834 GBP | ||||
32 17/19p ordinary | Sale | 41,585 | 4.8497 GBP | ||||
32 17/19p ordinary | Sale | 29,626 | 4.8372 GBP | ||||
32 17/19p ordinary | Sale | 27,874 | 4.8618 GBP | ||||
32 17/19p ordinary | Sale | 27,113 | 4.8506 GBP | ||||
32 17/19p ordinary | Sale | 23,361 | 4.8559 GBP | ||||
32 17/19p ordinary | Sale | 19,397 | 4.8684 GBP | ||||
32 17/19p ordinary | Sale | 18,663 | 4.8633 GBP | ||||
32 17/19p ordinary | Sale | 18,205 | 4.8613 GBP | ||||
32 17/19p ordinary | Sale | 12,841 | 4.8438 GBP | ||||
32 17/19p ordinary | Sale | 11,451 | 4.8554 GBP | ||||
32 17/19p ordinary | Sale | 10,645 | 4.8473 GBP | ||||
32 17/19p ordinary | Sale | 8,665 | 4.8768 GBP | ||||
32 17/19p ordinary | Sale | 8,197 | 4.8575 GBP | ||||
32 17/19p ordinary | Sale | 6,738 | 4.8428 GBP | ||||
32 17/19p ordinary | Sale | 3,909 | 4.8450 GBP | ||||
32 17/19p ordinary | Sale | 3,895 | 4.8680 GBP | ||||
32 17/19p ordinary | Sale | 3,865 | 4.8630 GBP | ||||
32 17/19p ordinary | Sale | 3,686 | 4.8585 GBP | ||||
32 17/19p ordinary | Sale | 3,305 | 4.8713 GBP | ||||
32 17/19p ordinary | Sale | 3,071 | 4.8750 GBP | ||||
32 17/19p ordinary | Sale | 2,924 | 4.8379 GBP | ||||
32 17/19p ordinary | Sale | 2,870 | 4.8592 GBP | ||||
ADR | Sale | 2,400 | 12.5500 USD | ||||
32 17/19p ordinary | Sale | 2,310 | 4.8841 GBP | ||||
32 17/19p ordinary | Sale | 2,275 | 4.8616 GBP | ||||
32 17/19p ordinary | Sale | 1,863 | 4.8595 GBP | ||||
ADR | Sale | 1,702 | 12.5976 USD | ||||
32 17/19p ordinary | Sale | 1,407 | 4.8530 GBP | ||||
32 17/19p ordinary | Sale | 1,203 | 4.8233 GBP | ||||
32 17/19p ordinary | Sale | 1,193 | 4.8380 GBP | ||||
32 17/19p ordinary | Sale | 970 | 4.8647 GBP | ||||
32 17/19p ordinary | Sale | 842 | 4.8503 GBP | ||||
ADR | Sale | 800 | 12.5400 USD | ||||
32 17/19p ordinary | Sale | 790 | 4.8300 GBP | ||||
32 17/19p ordinary | Sale | 777 | 4.8660 GBP | ||||
32 17/19p ordinary | Sale | 756 | 4.8290 GBP | ||||
32 17/19p ordinary | Sale | 732 | 4.8502 GBP | ||||
32 17/19p ordinary | Sale | 683 | 4.8550 GBP | ||||
32 17/19p ordinary | Sale | 668 | 4.8794 GBP | ||||
32 17/19p ordinary | Sale | 645 | 4.8390 GBP | ||||
32 17/19p ordinary | Sale | 621 | 4.8764 GBP | ||||
32 17/19p ordinary | Sale | 600 | 4.8368 GBP | ||||
32 17/19p ordinary | Sale | 325 | 4.8568 GBP | ||||
32 17/19p ordinary | Sale | 777 | 4.8743 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 | 37,599 | 4.8497 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 732 | 4.8502 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,930 | 4.8535 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 683 | 4.8550 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 970 | 4.8647 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,965 | 4.8663 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,894 | 4.8668 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 144 | 4.8673 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,359 | 4.8705 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,911 | 4.8716 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 60,186 | 4.8749 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,665 | 4.8768 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 70,904 | 4.8878 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 59,758 | 4.8935 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 114,448 | 4.8939 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38,783 | 4.8940 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,127 | 4.8011 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 415 | 4.8240 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,060 | 4.8277 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 252 | 4.8280 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,681 | 4.8301 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,162 | 4.8451 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 38,704 | 4.8470 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,495 | 4.8515 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 75,013 | 4.8539 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,802 | 4.8548 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 83,027 | 4.8554 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 114,572 | 4.8563 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 298,144 | 4.8578 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 49,154 | 4.8584 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 51,425 | 4.8604 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1 | 4.8647 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,880 | 4.8844 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 90 | 4.8912 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 242 | 4.8919 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 317,107 | 4.8940 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,749 | 4.8942 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,128 | 4.8943 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 307 | 4.8944 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,485 | 4.8543 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 200 | 4.8335 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,065 | 4.8391 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 3,865 | 4.8630 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 902 | 4.8707 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 730 | 4.8754 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 8,991 | 4.8180 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,589 | 4.8581 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,541 | 4.8585 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 14,285 | 4.8701 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 28,625 | 4.8763 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 3,013 | 4.8939 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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(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: | 06 Dec 2024 | ||||||
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 | -322,246 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -310,550 | 4.5547 | European | 23 Dec 2024 | |
32 17/19p ordinary | Call Options | Written | -241,321 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,790 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 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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