8th May 2025 14:48
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: | 07 May 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: | 9,699,346 | 0.36% | 18,943,252 | 0.71% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 18,362,704 | 0.69% | 9,015,195 | 0.34% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 225,366 | 0.01% | |||
TOTAL: | 28,062,050 | 1.05% | 28,183,813 | 1.05% | |||
(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 | 1,818,459 | 5.7700 GBP | ||||
32 17/19p ordinary | Purchase | 925,478 | 5.8158 GBP | ||||
32 17/19p ordinary | Purchase | 722,506 | 5.7760 GBP | ||||
32 17/19p ordinary | Purchase | 346,438 | 5.7520 GBP | ||||
32 17/19p ordinary | Purchase | 214,953 | 5.7909 GBP | ||||
32 17/19p ordinary | Purchase | 161,814 | 5.8160 GBP | ||||
32 17/19p ordinary | Purchase | 117,138 | 5.7861 GBP | ||||
32 17/19p ordinary | Purchase | 83,462 | 5.7927 GBP | ||||
32 17/19p ordinary | Purchase | 43,316 | 5.8121 GBP | ||||
32 17/19p ordinary | Purchase | 40,466 | 5.8155 GBP | ||||
32 17/19p ordinary | Purchase | 26,049 | 5.7943 GBP | ||||
32 17/19p ordinary | Purchase | 17,813 | 5.8129 GBP | ||||
32 17/19p ordinary | Purchase | 17,256 | 5.7832 GBP | ||||
32 17/19p ordinary | Purchase | 17,134 | 5.7801 GBP | ||||
32 17/19p ordinary | Purchase | 16,649 | 5.7967 GBP | ||||
32 17/19p ordinary | Purchase | 13,647 | 5.8088 GBP | ||||
32 17/19p ordinary | Purchase | 13,048 | 5.7885 GBP | ||||
32 17/19p ordinary | Purchase | 12,228 | 5.7843 GBP | ||||
32 17/19p ordinary | Purchase | 9,723 | 5.8006 GBP | ||||
32 17/19p ordinary | Purchase | 8,019 | 5.7907 GBP | ||||
32 17/19p ordinary | Purchase | 7,475 | 5.7901 GBP | ||||
32 17/19p ordinary | Purchase | 7,284 | 5.7880 GBP | ||||
32 17/19p ordinary | Purchase | 7,235 | 5.8040 GBP | ||||
32 17/19p ordinary | Purchase | 6,330 | 5.7985 GBP | ||||
32 17/19p ordinary | Purchase | 6,053 | 5.7706 GBP | ||||
32 17/19p ordinary | Purchase | 5,188 | 5.8146 GBP | ||||
32 17/19p ordinary | Purchase | 4,622 | 5.8034 GBP | ||||
32 17/19p ordinary | Purchase | 4,150 | 5.8117 GBP | ||||
32 17/19p ordinary | Purchase | 3,970 | 5.7921 GBP | ||||
32 17/19p ordinary | Purchase | 3,604 | 5.7540 GBP | ||||
ADR | Purchase | 3,424 | 15.6269 USD | ||||
32 17/19p ordinary | Purchase | 3,277 | 5.8038 GBP | ||||
32 17/19p ordinary | Purchase | 2,968 | 5.7818 GBP | ||||
32 17/19p ordinary | Purchase | 2,929 | 5.8079 GBP | ||||
32 17/19p ordinary | Purchase | 2,905 | 5.7857 GBP | ||||
32 17/19p ordinary | Purchase | 2,722 | 5.7920 GBP | ||||
32 17/19p ordinary | Purchase | 2,225 | 5.8005 GBP | ||||
32 17/19p ordinary | Purchase | 2,225 | 5.8050 GBP | ||||
32 17/19p ordinary | Purchase | 1,923 | 5.7851 GBP | ||||
32 17/19p ordinary | Purchase | 1,764 | 5.7687 GBP | ||||
32 17/19p ordinary | Purchase | 1,200 | 5.7860 GBP | ||||
32 17/19p ordinary | Purchase | 1,168 | 5.7922 GBP | ||||
32 17/19p ordinary | Purchase | 1,028 | 5.8000 GBP | ||||
ADR | Purchase | 1,020 | 15.5658 USD | ||||
32 17/19p ordinary | Purchase | 804 | 5.7839 GBP | ||||
32 17/19p ordinary | Purchase | 711 | 5.7965 GBP | ||||
32 17/19p ordinary | Purchase | 659 | 5.8123 GBP | ||||
32 17/19p ordinary | Purchase | 583 | 5.8150 GBP | ||||
32 17/19p ordinary | Purchase | 570 | 5.8140 GBP | ||||
32 17/19p ordinary | Purchase | 567 | 5.7674 GBP | ||||
32 17/19p ordinary | Purchase | 537 | 5.7800 GBP | ||||
32 17/19p ordinary | Purchase | 524 | 5.8240 GBP | ||||
32 17/19p ordinary | Purchase | 493 | 5.8200 GBP | ||||
32 17/19p ordinary | Purchase | 410 | 5.7780 GBP | ||||
32 17/19p ordinary | Purchase | 291 | 5.7820 GBP | ||||
32 17/19p ordinary | Purchase | 267 | 5.8076 GBP | ||||
32 17/19p ordinary | Purchase | 224 | 5.7620 GBP | ||||
32 17/19p ordinary | Purchase | 53 | 5.8080 GBP | ||||
32 17/19p ordinary | Purchase | 28 | 5.8100 GBP | ||||
32 17/19p ordinary | Sale | 1,266,235 | 5.8160 GBP | ||||
32 17/19p ordinary | Sale | 1,083,048 | 5.8143 GBP | ||||
32 17/19p ordinary | Sale | 172,938 | 5.7916 GBP | ||||
32 17/19p ordinary | Sale | 131,807 | 5.8018 GBP | ||||
32 17/19p ordinary | Sale | 106,851 | 5.7890 GBP | ||||
32 17/19p ordinary | Sale | 89,892 | 5.7904 GBP | ||||
32 17/19p ordinary | Sale | 88,394 | 5.7951 GBP | ||||
32 17/19p ordinary | Sale | 69,980 | 5.8019 GBP | ||||
32 17/19p ordinary | Sale | 64,077 | 5.8011 GBP | ||||
32 17/19p ordinary | Sale | 52,364 | 5.8005 GBP | ||||
32 17/19p ordinary | Sale | 52,010 | 5.8035 GBP | ||||
32 17/19p ordinary | Sale | 49,356 | 5.7804 GBP | ||||
32 17/19p ordinary | Sale | 46,947 | 5.8151 GBP | ||||
32 17/19p ordinary | Sale | 46,034 | 5.7972 GBP | ||||
32 17/19p ordinary | Sale | 23,164 | 5.7775 GBP | ||||
32 17/19p ordinary | Sale | 23,103 | 5.8138 GBP | ||||
32 17/19p ordinary | Sale | 22,858 | 5.8007 GBP | ||||
32 17/19p ordinary | Sale | 19,993 | 5.7723 GBP | ||||
32 17/19p ordinary | Sale | 19,096 | 5.8190 GBP | ||||
32 17/19p ordinary | Sale | 14,677 | 5.8091 GBP | ||||
32 17/19p ordinary | Sale | 13,309 | 5.7695 GBP | ||||
32 17/19p ordinary | Sale | 10,186 | 5.7937 GBP | ||||
32 17/19p ordinary | Sale | 9,173 | 5.7828 GBP | ||||
32 17/19p ordinary | Sale | 8,884 | 5.7930 GBP | ||||
32 17/19p ordinary | Sale | 8,758 | 5.8024 GBP | ||||
32 17/19p ordinary | Sale | 7,243 | 5.8204 GBP | ||||
32 17/19p ordinary | Sale | 6,072 | 5.8101 GBP | ||||
32 17/19p ordinary | Sale | 5,896 | 5.7680 GBP | ||||
32 17/19p ordinary | Sale | 5,000 | 5.8210 GBP | ||||
32 17/19p ordinary | Sale | 4,367 | 5.7962 GBP | ||||
32 17/19p ordinary | Sale | 3,840 | 5.8094 GBP | ||||
32 17/19p ordinary | Sale | 3,495 | 5.7763 GBP | ||||
ADR | Sale | 3,424 | 15.6269 USD | ||||
32 17/19p ordinary | Sale | 2,656 | 5.7699 GBP | ||||
32 17/19p ordinary | Sale | 2,387 | 5.7825 GBP | ||||
32 17/19p ordinary | Sale | 2,377 | 5.7761 GBP | ||||
32 17/19p ordinary | Sale | 2,296 | 5.8150 GBP | ||||
32 17/19p ordinary | Sale | 2,135 | 5.7853 GBP | ||||
32 17/19p ordinary | Sale | 1,557 | 5.7880 GBP | ||||
32 17/19p ordinary | Sale | 1,393 | 5.7786 GBP | ||||
32 17/19p ordinary | Sale | 1,028 | 5.8000 GBP | ||||
ADR | Sale | 1,020 | 15.5658 USD | ||||
32 17/19p ordinary | Sale | 973 | 5.8155 GBP | ||||
32 17/19p ordinary | Sale | 850 | 5.8156 GBP | ||||
32 17/19p ordinary | Sale | 722 | 5.7920 GBP | ||||
32 17/19p ordinary | Sale | 708 | 5.8140 GBP | ||||
32 17/19p ordinary | Sale | 628 | 5.8046 GBP | ||||
32 17/19p ordinary | Sale | 537 | 5.7800 GBP | ||||
32 17/19p ordinary | Sale | 524 | 5.8240 GBP | ||||
32 17/19p ordinary | Sale | 493 | 5.8200 GBP | ||||
32 17/19p ordinary | Sale | 410 | 5.7780 GBP | ||||
32 17/19p ordinary | Sale | 314 | 5.7917 GBP | ||||
32 17/19p ordinary | Sale | 224 | 5.7620 GBP | ||||
32 17/19p ordinary | Sale | 170 | 5.7940 GBP | ||||
32 17/19p ordinary | Sale | 157 | 5.7550 GBP | ||||
32 17/19p ordinary | Sale | 53 | 5.8080 GBP | ||||
32 17/19p ordinary | Sale | 28 | 5.8100 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 | Increasing Long | 2,656 | 5.7699 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,377 | 5.7761 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 49,356 | 5.7804 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 50,757 | 5.7848 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 106,851 | 5.7890 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 50,102 | 5.7906 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 172,938 | 5.7916 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 314 | 5.7917 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 83,833 | 5.7922 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,391 | 5.7954 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,367 | 5.7962 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 46,034 | 5.7972 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 61,458 | 5.7984 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 8,758 | 5.8025 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 52,010 | 5.8035 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 58,958 | 5.8065 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 46,947 | 5.8151 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 13,965 | 5.8154 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 10,017 | 5.8155 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 392,779 | 5.8158 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 664,911 | 5.8160 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,243 | 5.8204 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 345,914 | 5.7520 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,604 | 5.7540 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 567 | 5.7674 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,764 | 5.7687 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,573 | 5.7753 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 722,506 | 5.7760 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 593 | 5.7830 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10,048 | 5.7844 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,200 | 5.7860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,475 | 5.7901 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 711 | 5.7965 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 6,330 | 5.7985 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 12,193 | 5.8091 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 113,257 | 5.8141 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 237 | 5.8143 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,413 | 5.8160 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 400 | 5.8145 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,500 | 5.8160 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 719 | 5.7875 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 72,959 | 5.8102 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,817,905 | 5.7700 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 5,371 | 5.7786 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 7,284 | 5.7879 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 12,025 | 5.7903 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 84,117 | 5.7928 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 719 | 5.8163 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 5,140 | 5.8227 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: | 08 May 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 | -120,789 | 5.3305 | European | 06-Jun-2026 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 5.3176 | European | 05-Jun-2026 | |
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