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Form 8.3 AVIVA PLC

13th May 2025 13:58

RNS Number : 4952I
Barclays PLC
13 May 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 relevant securities this form relates:

AVIVA PLC

(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:

12 May 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

YES: 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:

10,093,765

0.38%

17,680,740

0.66%

(2) Cash-settled derivatives:

17,124,709

0.64%

9,406,006

0.35%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

225,364

0.01%

TOTAL: 

27,218,474

1.02%

27,312,110

1.02%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

32 17/19p ordinary

Purchase

591,669

5.7685 GBP

32 17/19p ordinary

Purchase

278,298

5.7579 GBP

32 17/19p ordinary

Purchase

165,566

5.7538 GBP

32 17/19p ordinary

Purchase

127,739

5.7642 GBP

32 17/19p ordinary

Purchase

94,062

5.7473 GBP

32 17/19p ordinary

Purchase

77,879

5.8253 GBP

32 17/19p ordinary

Purchase

61,991

5.7640 GBP

32 17/19p ordinary

Purchase

57,730

5.7444 GBP

32 17/19p ordinary

Purchase

48,929

5.7291 GBP

32 17/19p ordinary

Purchase

42,437

5.7592 GBP

32 17/19p ordinary

Purchase

37,804

5.8037 GBP

32 17/19p ordinary

Purchase

35,047

5.7522 GBP

32 17/19p ordinary

Purchase

34,923

5.7504 GBP

32 17/19p ordinary

Purchase

28,502

5.7286 GBP

32 17/19p ordinary

Purchase

26,941

5.7694 GBP

32 17/19p ordinary

Purchase

21,613

5.8711 GBP

32 17/19p ordinary

Purchase

20,382

5.7452 GBP

ADR

Purchase

17,462

15.2291 USD

32 17/19p ordinary

Purchase

13,115

5.7265 GBP

32 17/19p ordinary

Purchase

12,047

5.7285 GBP

32 17/19p ordinary

Purchase

11,736

5.7483 GBP

32 17/19p ordinary

Purchase

9,468

5.7372 GBP

32 17/19p ordinary

Purchase

8,581

5.7338 GBP

32 17/19p ordinary

Purchase

7,849

5.7344 GBP

32 17/19p ordinary

Purchase

6,500

5.6969 GBP

32 17/19p ordinary

Purchase

6,073

5.7732 GBP

32 17/19p ordinary

Purchase

4,855

5.7840 GBP

ADR

Purchase

4,272

15.2365 USD

32 17/19p ordinary

Purchase

4,186

5.7428 GBP

32 17/19p ordinary

Purchase

4,011

5.7300 GBP

32 17/19p ordinary

Purchase

3,417

5.7057 GBP

32 17/19p ordinary

Purchase

1,981

5.7520 GBP

32 17/19p ordinary

Purchase

1,850

5.7620 GBP

32 17/19p ordinary

Purchase

1,850

5.7730 GBP

32 17/19p ordinary

Purchase

1,801

5.7780 GBP

32 17/19p ordinary

Purchase

1,695

5.7540 GBP

32 17/19p ordinary

Purchase

1,535

5.6956 GBP

32 17/19p ordinary

Purchase

1,390

5.7318 GBP

32 17/19p ordinary

Purchase

1,316

5.7630 GBP

32 17/19p ordinary

Purchase

1,242

5.7722 GBP

32 17/19p ordinary

Purchase

1,191

5.8443 GBP

32 17/19p ordinary

Purchase

1,184

5.7498 GBP

32 17/19p ordinary

Purchase

1,097

5.7610 GBP

32 17/19p ordinary

Purchase

1,014

5.7060 GBP

32 17/19p ordinary

Purchase

827

5.7518 GBP

32 17/19p ordinary

Purchase

681

5.7580 GBP

32 17/19p ordinary

Purchase

681

5.7578 GBP

32 17/19p ordinary

Purchase

670

5.7637 GBP

32 17/19p ordinary

Purchase

588

5.6920 GBP

32 17/19p ordinary

Purchase

581

5.7020 GBP

32 17/19p ordinary

Purchase

558

5.7340 GBP

32 17/19p ordinary

Purchase

512

5.7600 GBP

32 17/19p ordinary

Purchase

498

5.7660 GBP

32 17/19p ordinary

Purchase

471

5.8211 GBP

32 17/19p ordinary

Purchase

444

5.7400 GBP

32 17/19p ordinary

Purchase

190

5.7560 GBP

32 17/19p ordinary

Purchase

88

5.7700 GBP

32 17/19p ordinary

Purchase

44

5.7080 GBP

32 17/19p ordinary

Purchase

29

5.7680 GBP

32 17/19p ordinary

Purchase

7

5.7200 GBP

32 17/19p ordinary

Purchase

1

5.7631 GBP

32 17/19p ordinary

Sale

579,947

5.7687 GBP

32 17/19p ordinary

Sale

258,934

5.7686 GBP

32 17/19p ordinary

Sale

210,364

5.7640 GBP

32 17/19p ordinary

Sale

103,620

5.8085 GBP

32 17/19p ordinary

Sale

87,647

5.7675 GBP

32 17/19p ordinary

Sale

84,308

5.7437 GBP

32 17/19p ordinary

Sale

76,153

5.7706 GBP

32 17/19p ordinary

Sale

55,461

5.7631 GBP

32 17/19p ordinary

Sale

54,504

5.7392 GBP

32 17/19p ordinary

Sale

49,820

5.8254 GBP

32 17/19p ordinary

Sale

45,645

5.7592 GBP

32 17/19p ordinary

Sale

40,290

5.7698 GBP

32 17/19p ordinary

Sale

34,435

5.7919 GBP

32 17/19p ordinary

Sale

31,971

5.7733 GBP

32 17/19p ordinary

Sale

27,866

5.7582 GBP

32 17/19p ordinary

Sale

26,921

5.7770 GBP

32 17/19p ordinary

Sale

24,759

5.7047 GBP

32 17/19p ordinary

Sale

22,424

5.7412 GBP

32 17/19p ordinary

Sale

20,224

5.7533 GBP

32 17/19p ordinary

Sale

18,890

5.7699 GBP

ADR

Sale

17,462

15.2291 USD

32 17/19p ordinary

Sale

14,422

5.7521 GBP

32 17/19p ordinary

Sale

13,382

5.7374 GBP

32 17/19p ordinary

Sale

10,916

5.7477 GBP

32 17/19p ordinary

Sale

7,751

5.8648 GBP

32 17/19p ordinary

Sale

6,360

5.7716 GBP

32 17/19p ordinary

Sale

6,202

5.7628 GBP

32 17/19p ordinary

Sale

4,984

5.8980 GBP

32 17/19p ordinary

Sale

4,963

5.7750 GBP

ADR

Sale

4,272

15.2365 USD

32 17/19p ordinary

Sale

4,250

5.7599 GBP

32 17/19p ordinary

Sale

3,951

5.8639 GBP

32 17/19p ordinary

Sale

3,306

5.8463 GBP

32 17/19p ordinary

Sale

2,718

5.7903 GBP

32 17/19p ordinary

Sale

2,646

5.7639 GBP

32 17/19p ordinary

Sale

2,596

5.7769 GBP

32 17/19p ordinary

Sale

2,549

5.7840 GBP

32 17/19p ordinary

Sale

2,067

5.7555 GBP

32 17/19p ordinary

Sale

1,957

5.7426 GBP

32 17/19p ordinary

Sale

1,946

5.7322 GBP

32 17/19p ordinary

Sale

1,850

5.7620 GBP

32 17/19p ordinary

Sale

1,801

5.7780 GBP

32 17/19p ordinary

Sale

1,695

5.7540 GBP

32 17/19p ordinary

Sale

1,500

5.7448 GBP

32 17/19p ordinary

Sale

1,323

5.8442 GBP

32 17/19p ordinary

Sale

938

5.7340 GBP

32 17/19p ordinary

Sale

835

5.7428 GBP

32 17/19p ordinary

Sale

708

5.7621 GBP

32 17/19p ordinary

Sale

681

5.7580 GBP

32 17/19p ordinary

Sale

640

5.7120 GBP

32 17/19p ordinary

Sale

588

5.6920 GBP

32 17/19p ordinary

Sale

570

5.8162 GBP

32 17/19p ordinary

Sale

529

5.7740 GBP

32 17/19p ordinary

Sale

512

5.7600 GBP

32 17/19p ordinary

Sale

498

5.7660 GBP

32 17/19p ordinary

Sale

477

5.7760 GBP

32 17/19p ordinary

Sale

475

5.8840 GBP

32 17/19p ordinary

Sale

374

5.8645 GBP

32 17/19p ordinary

Sale

190

5.7360 GBP

32 17/19p ordinary

Sale

190

5.7560 GBP

32 17/19p ordinary

Sale

97

5.7140 GBP

32 17/19p ordinary

Sale

88

5.7700 GBP

32 17/19p ordinary

Sale

29

5.7680 GBP

32 17/19p ordinary

Sale

13

5.8640 GBP

32 17/19p ordinary

Sale

7

5.7200 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

32 17/19p ordinary

SWAP

Decreasing Long

64,621

5.8243 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,994

5.7427 GBP

32 17/19p ordinary

SWAP

Increasing Long

835

5.7428 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,500

5.7448 GBP

32 17/19p ordinary

SWAP

Increasing Long

7,401

5.7455 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,347

5.7482 GBP

32 17/19p ordinary

SWAP

Increasing Long

500

5.7502 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,067

5.7555 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,750

5.7612 GBP

32 17/19p ordinary

SWAP

Increasing Long

6,202

5.7628 GBP

32 17/19p ordinary

SWAP

Increasing Long

25,983

5.7631 GBP

32 17/19p ordinary

SWAP

Increasing Long

6,033

5.7635 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,646

5.7639 GBP

32 17/19p ordinary

SWAP

Increasing Long

497,004

5.7640 GBP

32 17/19p ordinary

SWAP

Increasing Long

48,707

5.7655 GBP

32 17/19p ordinary

SWAP

Increasing Long

24,456

5.7691 GBP

32 17/19p ordinary

SWAP

Increasing Long

18,890

5.7699 GBP

32 17/19p ordinary

SWAP

Increasing Long

76,153

5.7706 GBP

32 17/19p ordinary

SWAP

Increasing Long

80,320

5.7761 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,718

5.7903 GBP

32 17/19p ordinary

SWAP

Increasing Long

49,820

5.8254 GBP

32 17/19p ordinary

SWAP

Increasing Long

168

5.8339 GBP

32 17/19p ordinary

SWAP

Increasing Long

2,970

5.8361 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,306

5.8463 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,951

5.8639 GBP

32 17/19p ordinary

SWAP

Decreasing Long

6,500

5.6969 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,493

5.7083 GBP

32 17/19p ordinary

SWAP

Decreasing Long

13,115

5.7265 GBP

32 17/19p ordinary

SWAP

Decreasing Long

38,774

5.7388 GBP

32 17/19p ordinary

SWAP

Decreasing Long

99,650

5.7421 GBP

32 17/19p ordinary

SWAP

Decreasing Long

57,730

5.7444 GBP

32 17/19p ordinary

SWAP

Decreasing Long

8,393

5.7570 GBP

32 17/19p ordinary

SWAP

Decreasing Long

278,298

5.7579 GBP

32 17/19p ordinary

SWAP

Decreasing Long

64,598

5.7592 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1

5.7631 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,367

5.7640 GBP

32 17/19p ordinary

SWAP

Decreasing Long

84,344

5.7642 GBP

32 17/19p ordinary

SWAP

Decreasing Long

60,013

5.7655 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,639

5.7713 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,332

5.7717 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,305

5.7985 GBP

32 17/19p ordinary

SWAP

Decreasing Long

2,800

5.8135 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,191

5.8443 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,991

5.8640 GBP

32 17/19p ordinary

SWAP

Decreasing Long

6,156

5.8972 GBP

32 17/19p ordinary

SWAP

Increasing Long

672

5.7046 GBP

32 17/19p ordinary

SWAP

Decreasing Long

200

5.8500 GBP

32 17/19p ordinary

CFD

Increasing Long

981

5.7118 GBP

32 17/19p ordinary

CFD

Increasing Long

3,172

5.7175 GBP

32 17/19p ordinary

CFD

Increasing Long

4,554

5.7575 GBP

32 17/19p ordinary

CFD

Increasing Long

6,014

5.7582 GBP

32 17/19p ordinary

CFD

Increasing Long

16,789

5.8890 GBP

32 17/19p ordinary

CFD

Decreasing Long

10,856

5.7004 GBP

32 17/19p ordinary

CFD

Decreasing Long

16,957

5.7050 GBP

32 17/19p ordinary

CFD

Decreasing Long

28,067

5.7555 GBP

32 17/19p ordinary

CFD

Decreasing Long

980

5.8644 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

Option money paid/ received per unit

(ii)

Exercising

 

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

13 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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 are being disclosed:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities this from relates:

AVIVA PLC

 

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

-120,786

5.3305

European

06-Jun-26

32 17/19p ordinary

Call Options

Written

-104,578

5.3176

European

05-Jun-26

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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