23rd Apr 2025 17:57
FORM 8.3 | |||||||
Amendment - this form replaces RNS number 7623E published at 15:15 on 11/04/2025 changes made to section 2a and 3a | |||||||
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: | 10 Apr 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: |
|
| 13,106,012 | 0.48% | 18,419,157 | 0.69% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 17,693,658 | 0.66% | 10,372,401 | 0.39% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 225,373 | 0.01% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 30,799,670 | 1.15% | 29,016,931 | 1.08% |
(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 | 438,845 | 5.0777 GBP | ||||
32 17/19p ordinary | Purchase | 358,059 | 5.0014 GBP | ||||
32 17/19p ordinary | Purchase | 300,056 | 5.0268 GBP | ||||
32 17/19p ordinary | Purchase | 243,352 | 5.0440 GBP | ||||
32 17/19p ordinary | Purchase | 208,595 | 4.9773 GBP | ||||
32 17/19p ordinary | Purchase | 200,000 | 4.9860 GBP | ||||
32 17/19p ordinary | Purchase | 169,316 | 4.9978 GBP | ||||
32 17/19p ordinary | Purchase | 70,975 | 4.9848 GBP | ||||
32 17/19p ordinary | Purchase | 65,044 | 4.9631 GBP | ||||
32 17/19p ordinary | Purchase | 63,607 | 5.0024 GBP | ||||
32 17/19p ordinary | Purchase | 61,773 | 4.9734 GBP | ||||
32 17/19p ordinary | Purchase | 60,581 | 4.9641 GBP | ||||
32 17/19p ordinary | Purchase | 50,482 | 5.0126 GBP | ||||
32 17/19p ordinary | Purchase | 42,874 | 4.9936 GBP | ||||
32 17/19p ordinary | Purchase | 32,418 | 4.9632 GBP | ||||
32 17/19p ordinary | Purchase | 25,892 | 4.9869 GBP | ||||
32 17/19p ordinary | Purchase | 25,388 | 4.9630 GBP | ||||
32 17/19p ordinary | Purchase | 24,396 | 5.0106 GBP | ||||
32 17/19p ordinary | Purchase | 21,063 | 4.9720 GBP | ||||
32 17/19p ordinary | Purchase | 19,679 | 5.0118 GBP | ||||
32 17/19p ordinary | Purchase | 18,294 | 5.0012 GBP | ||||
32 17/19p ordinary | Purchase | 17,615 | 5.0581 GBP | ||||
32 17/19p ordinary | Purchase | 10,851 | 4.9888 GBP | ||||
32 17/19p ordinary | Purchase | 10,219 | 4.9949 GBP | ||||
32 17/19p ordinary | Purchase | 9,803 | 5.0013 GBP | ||||
32 17/19p ordinary | Purchase | 9,608 | 4.9925 GBP | ||||
32 17/19p ordinary | Purchase | 8,991 | 4.9611 GBP | ||||
32 17/19p ordinary | Purchase | 8,491 | 4.9810 GBP | ||||
32 17/19p ordinary | Purchase | 6,469 | 4.9637 GBP | ||||
32 17/19p ordinary | Purchase | 5,218 | 4.9873 GBP | ||||
32 17/19p ordinary | Purchase | 5,190 | 5.0399 GBP | ||||
32 17/19p ordinary | Purchase | 4,853 | 5.0109 GBP | ||||
32 17/19p ordinary | Purchase | 4,784 | 4.9639 GBP | ||||
ADR | Purchase | 3,686 | 13.5613 USD | ||||
32 17/19p ordinary | Purchase | 2,762 | 5.0016 GBP | ||||
32 17/19p ordinary | Purchase | 2,576 | 5.0415 GBP | ||||
32 17/19p ordinary | Purchase | 1,643 | 4.9731 GBP | ||||
32 17/19p ordinary | Purchase | 1,632 | 4.9826 GBP | ||||
32 17/19p ordinary | Purchase | 1,520 | 4.9654 GBP | ||||
32 17/19p ordinary | Purchase | 1,305 | 5.3176 GBP | ||||
ADR | Purchase | 1,254 | 13.6392 USD | ||||
32 17/19p ordinary | Purchase | 1,154 | 4.9840 GBP | ||||
32 17/19p ordinary | Purchase | 1,132 | 4.9944 GBP | ||||
32 17/19p ordinary | Purchase | 1,035 | 5.0130 GBP | ||||
32 17/19p ordinary | Purchase | 1,028 | 5.0004 GBP | ||||
32 17/19p ordinary | Purchase | 729 | 4.9650 GBP | ||||
32 17/19p ordinary | Purchase | 650 | 4.9580 GBP | ||||
32 17/19p ordinary | Purchase | 619 | 5.0020 GBP | ||||
32 17/19p ordinary | Purchase | 543 | 4.9740 GBP | ||||
32 17/19p ordinary | Purchase | 485 | 4.9682 GBP | ||||
32 17/19p ordinary | Purchase | 405 | 4.9660 GBP | ||||
32 17/19p ordinary | Purchase | 351 | 4.9829 GBP | ||||
32 17/19p ordinary | Purchase | 267 | 4.9642 GBP | ||||
32 17/19p ordinary | Purchase | 158 | 5.0220 GBP | ||||
32 17/19p ordinary | Purchase | 150 | 5.0160 GBP | ||||
32 17/19p ordinary | Purchase | 144 | 4.9600 GBP | ||||
32 17/19p ordinary | Purchase | 68 | 4.9935 GBP | ||||
32 17/19p ordinary | Purchase | 61 | 4.9614 GBP | ||||
32 17/19p ordinary | Purchase | 52 | 4.9620 GBP | ||||
32 17/19p ordinary | Purchase | 30 | 5.0060 GBP | ||||
32 17/19p ordinary | Purchase | 5 | 4.9640 GBP | ||||
32 17/19p ordinary | Sale | 653,535 | 5.0530 GBP | ||||
32 17/19p ordinary | Sale | 409,251 | 4.9630 GBP | ||||
32 17/19p ordinary | Sale | 404,306 | 4.9745 GBP | ||||
32 17/19p ordinary | Sale | 230,199 | 5.0498 GBP | ||||
32 17/19p ordinary | Sale | 220,209 | 4.9980 GBP | ||||
32 17/19p ordinary | Sale | 164,092 | 4.9996 GBP | ||||
32 17/19p ordinary | Sale | 105,693 | 5.0004 GBP | ||||
32 17/19p ordinary | Sale | 104,074 | 5.0522 GBP | ||||
32 17/19p ordinary | Sale | 98,478 | 5.0517 GBP | ||||
32 17/19p ordinary | Sale | 78,228 | 4.9841 GBP | ||||
32 17/19p ordinary | Sale | 69,008 | 5.0129 GBP | ||||
32 17/19p ordinary | Sale | 68,615 | 5.1251 GBP | ||||
32 17/19p ordinary | Sale | 66,485 | 4.9875 GBP | ||||
32 17/19p ordinary | Sale | 54,697 | 4.9936 GBP | ||||
32 17/19p ordinary | Sale | 54,697 | 4.9737 GBP | ||||
32 17/19p ordinary | Sale | 52,730 | 4.9620 GBP | ||||
32 17/19p ordinary | Sale | 47,346 | 4.9965 GBP | ||||
32 17/19p ordinary | Sale | 33,235 | 4.9871 GBP | ||||
32 17/19p ordinary | Sale | 32,724 | 4.9797 GBP | ||||
32 17/19p ordinary | Sale | 31,145 | 5.0944 GBP | ||||
32 17/19p ordinary | Sale | 18,704 | 5.0043 GBP | ||||
32 17/19p ordinary | Sale | 17,080 | 4.9796 GBP | ||||
32 17/19p ordinary | Sale | 16,745 | 4.9931 GBP | ||||
32 17/19p ordinary | Sale | 12,054 | 5.0133 GBP | ||||
32 17/19p ordinary | Sale | 11,499 | 5.0165 GBP | ||||
32 17/19p ordinary | Sale | 7,264 | 5.1044 GBP | ||||
32 17/19p ordinary | Sale | 6,952 | 5.1360 GBP | ||||
32 17/19p ordinary | Sale | 5,623 | 5.0678 GBP | ||||
32 17/19p ordinary | Sale | 4,629 | 4.9670 GBP | ||||
32 17/19p ordinary | Sale | 4,406 | 4.9849 GBP | ||||
ADR | Sale | 3,686 | 13.5613 USD | ||||
32 17/19p ordinary | Sale | 2,500 | 5.0100 GBP | ||||
32 17/19p ordinary | Sale | 2,145 | 5.0120 GBP | ||||
32 17/19p ordinary | Sale | 1,696 | 4.9906 GBP | ||||
32 17/19p ordinary | Sale | 1,595 | 4.9895 GBP | ||||
32 17/19p ordinary | Sale | 1,326 | 4.9626 GBP | ||||
ADR | Sale | 1,254 | 13.6392 USD | ||||
32 17/19p ordinary | Sale | 1,185 | 4.9920 GBP | ||||
32 17/19p ordinary | Sale | 1,160 | 5.0349 GBP | ||||
32 17/19p ordinary | Sale | 1,111 | 4.9701 GBP | ||||
32 17/19p ordinary | Sale | 1,021 | 5.0070 GBP | ||||
32 17/19p ordinary | Sale | 768 | 5.1239 GBP | ||||
32 17/19p ordinary | Sale | 729 | 4.9650 GBP | ||||
32 17/19p ordinary | Sale | 650 | 4.9580 GBP | ||||
32 17/19p ordinary | Sale | 650 | 4.9581 GBP | ||||
32 17/19p ordinary | Sale | 630 | 4.9720 GBP | ||||
32 17/19p ordinary | Sale | 598 | 4.9800 GBP | ||||
32 17/19p ordinary | Sale | 568 | 5.0520 GBP | ||||
32 17/19p ordinary | Sale | 534 | 5.0700 GBP | ||||
32 17/19p ordinary | Sale | 405 | 4.9660 GBP | ||||
32 17/19p ordinary | Sale | 386 | 5.0360 GBP | ||||
32 17/19p ordinary | Sale | 296 | 5.0720 GBP | ||||
32 17/19p ordinary | Sale | 148 | 4.9640 GBP | ||||
32 17/19p ordinary | Sale | 148 | 4.9850 GBP | ||||
32 17/19p ordinary | Sale | 138 | 4.9805 GBP | ||||
32 17/19p ordinary | Sale | 27 | 4.9795 GBP | ||||
|
|
|
|
|
|
|
|
(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 Short | 52,730 | 4.9620 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,326 | 4.9626 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 51,518 | 4.9627 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,634 | 4.9630 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,065 | 4.9750 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 138 | 4.9805 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 67,824 | 4.9933 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 24,664 | 4.9952 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 158 | 4.9973 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 241 | 4.9976 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,942 | 4.9979 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 64,298 | 4.9996 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 105,693 | 5.0004 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,673 | 5.0144 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,499 | 5.0165 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 230,199 | 5.0498 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 104,074 | 5.0522 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 23,301 | 5.0684 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,104 | 5.1036 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 768 | 5.1239 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,511 | 5.1375 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 144 | 4.9600 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,991 | 4.9611 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 61 | 4.9614 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,123 | 4.9630 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 65,044 | 4.9631 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,469 | 4.9637 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,784 | 4.9639 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,414 | 4.9640 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 51,439 | 4.9641 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 724 | 4.9651 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5 | 4.9660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 138,325 | 4.9671 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 28,629 | 4.9715 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,011 | 4.9720 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,643 | 4.9731 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,995 | 4.9736 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,149 | 4.9752 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,182 | 4.9812 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,715 | 4.9825 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 200,000 | 4.9860 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 68 | 4.9934 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,864 | 4.9950 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,749 | 4.9996 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,208 | 5.0012 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,803 | 5.0013 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,447 | 5.0014 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,762 | 5.0016 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 619 | 5.0020 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,396 | 5.0106 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 50,482 | 5.0126 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 300,056 | 5.0268 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 76,130 | 5.0312 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 131,133 | 5.0345 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 243,352 | 5.0440 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 750 | 5.0998 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 505 | 5.1165 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 459 | 4.9626 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 11,856 | 4.9630 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 7,473 | 4.9650 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 190,780 | 4.9710 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 659 | 5.0882 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 56,726 | 5.0940 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 667 | 5.1091 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 918 | 5.1355 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 200 | 4.9603 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 918 | 4.9784 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 103,733 | 4.9859 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 122,123 | 5.0022 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 459 | 5.1363 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: | 23 Apr 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 | -104,583 | 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: | |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
AvivaBarclays