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Form 8.3 AVIVA PLC

16th May 2025 11:19

RNS Number : 0346J
Barclays PLC
16 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

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:

15 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:

9,932,512

0.37%

14,718,187

0.55%

(2)

Cash-settled derivatives:

and/or controlled:

13,969,887

0.52%

9,140,855

0.34%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

225,367

0.01%

TOTAL:

23,902,399

0.89%

24,084,409

0.90%

(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

3,032,777

5.8560 GBP

32 17/19p ordinary

Purchase

499,377

5.8561 GBP

32 17/19p ordinary

Purchase

437,592

5.7853 GBP

32 17/19p ordinary

Purchase

357,439

5.8701 GBP

32 17/19p ordinary

Purchase

163,510

5.8110 GBP

32 17/19p ordinary

Purchase

73,159

5.8329 GBP

32 17/19p ordinary

Purchase

56,543

5.8304 GBP

32 17/19p ordinary

Purchase

49,675

5.8690 GBP

32 17/19p ordinary

Purchase

43,300

5.7222 GBP

32 17/19p ordinary

Purchase

33,873

5.9043 GBP

32 17/19p ordinary

Purchase

33,124

5.6961 GBP

32 17/19p ordinary

Purchase

20,698

5.8183 GBP

32 17/19p ordinary

Purchase

15,511

5.7536 GBP

32 17/19p ordinary

Purchase

12,770

5.8827 GBP

32 17/19p ordinary

Purchase

11,933

5.8548 GBP

32 17/19p ordinary

Purchase

10,175

5.8822 GBP

32 17/19p ordinary

Purchase

8,600

5.9000 GBP

32 17/19p ordinary

Purchase

7,806

5.8832 GBP

32 17/19p ordinary

Purchase

6,203

5.8012 GBP

32 17/19p ordinary

Purchase

5,202

5.8685 GBP

32 17/19p ordinary

Purchase

4,709

5.8005 GBP

32 17/19p ordinary

Purchase

4,235

5.8455 GBP

32 17/19p ordinary

Purchase

4,081

5.8835 GBP

32 17/19p ordinary

Purchase

3,547

5.8769 GBP

32 17/19p ordinary

Purchase

3,513

5.8604 GBP

32 17/19p ordinary

Purchase

3,497

5.8153 GBP

32 17/19p ordinary

Purchase

2,915

5.7200 GBP

32 17/19p ordinary

Purchase

2,000

5.6820 GBP

32 17/19p ordinary

Purchase

1,766

5.8600 GBP

32 17/19p ordinary

Purchase

1,693

5.8864 GBP

ADR

Purchase

1,640

15.9110 USD

32 17/19p ordinary

Purchase

1,469

5.8554 GBP

32 17/19p ordinary

Purchase

1,323

5.8940 GBP

32 17/19p ordinary

Purchase

1,313

5.8872 GBP

32 17/19p ordinary

Purchase

1,169

5.8909 GBP

32 17/19p ordinary

Purchase

1,101

5.7300 GBP

32 17/19p ordinary

Purchase

1,049

5.8780 GBP

32 17/19p ordinary

Purchase

984

5.8900 GBP

32 17/19p ordinary

Purchase

957

5.7100 GBP

32 17/19p ordinary

Purchase

954

5.8394 GBP

32 17/19p ordinary

Purchase

858

5.8620 GBP

32 17/19p ordinary

Purchase

721

5.8480 GBP

32 17/19p ordinary

Purchase

656

5.8760 GBP

32 17/19p ordinary

Purchase

574

5.8880 GBP

32 17/19p ordinary

Purchase

506

5.8460 GBP

32 17/19p ordinary

Purchase

467

5.7070 GBP

32 17/19p ordinary

Purchase

438

5.8931 GBP

32 17/19p ordinary

Purchase

428

5.9050 GBP

32 17/19p ordinary

Purchase

392

5.8520 GBP

32 17/19p ordinary

Purchase

388

5.8500 GBP

32 17/19p ordinary

Purchase

290

5.8514 GBP

32 17/19p ordinary

Purchase

288

5.8550 GBP

32 17/19p ordinary

Purchase

169

5.8680 GBP

32 17/19p ordinary

Purchase

17

5.9080 GBP

32 17/19p ordinary

Purchase

9

5.6840 GBP

32 17/19p ordinary

Sale

910,875

5.8548 GBP

32 17/19p ordinary

Sale

771,010

5.8560 GBP

32 17/19p ordinary

Sale

491,517

5.8424 GBP

32 17/19p ordinary

Sale

334,529

5.8475 GBP

32 17/19p ordinary

Sale

283,755

5.8511 GBP

32 17/19p ordinary

Sale

273,753

5.8790 GBP

32 17/19p ordinary

Sale

270,524

5.8799 GBP

32 17/19p ordinary

Sale

216,997

5.7348 GBP

32 17/19p ordinary

Sale

145,160

5.8720 GBP

32 17/19p ordinary

Sale

143,350

5.7171 GBP

32 17/19p ordinary

Sale

102,312

5.8699 GBP

32 17/19p ordinary

Sale

90,451

5.8778 GBP

32 17/19p ordinary

Sale

56,951

5.8837 GBP

32 17/19p ordinary

Sale

48,732

5.8569 GBP

32 17/19p ordinary

Sale

46,947

5.8705 GBP

32 17/19p ordinary

Sale

46,211

5.8162 GBP

32 17/19p ordinary

Sale

41,516

5.8631 GBP

32 17/19p ordinary

Sale

32,994

5.6968 GBP

32 17/19p ordinary

Sale

25,000

5.8831 GBP

32 17/19p ordinary

Sale

24,747

5.8947 GBP

32 17/19p ordinary

Sale

23,625

5.8546 GBP

32 17/19p ordinary

Sale

22,641

5.8497 GBP

32 17/19p ordinary

Sale

20,271

5.8554 GBP

32 17/19p ordinary

Sale

19,900

5.8890 GBP

32 17/19p ordinary

Sale

19,241

5.8822 GBP

32 17/19p ordinary

Sale

16,375

5.8707 GBP

32 17/19p ordinary

Sale

15,240

5.8572 GBP

32 17/19p ordinary

Sale

14,889

5.8887 GBP

32 17/19p ordinary

Sale

10,617

5.8870 GBP

32 17/19p ordinary

Sale

7,302

5.8551 GBP

32 17/19p ordinary

Sale

6,864

5.8860 GBP

32 17/19p ordinary

Sale

4,730

5.8945 GBP

32 17/19p ordinary

Sale

3,844

5.9002 GBP

32 17/19p ordinary

Sale

3,745

5.7265 GBP

32 17/19p ordinary

Sale

3,620

5.8868 GBP

32 17/19p ordinary

Sale

3,382

5.7182 GBP

32 17/19p ordinary

Sale

3,307

5.7302 GBP

32 17/19p ordinary

Sale

2,102

5.7336 GBP

32 17/19p ordinary

Sale

1,852

5.8917 GBP

ADR

Sale

1,640

15.9110 USD

32 17/19p ordinary

Sale

1,287

5.8600 GBP

32 17/19p ordinary

Sale

1,278

5.8741 GBP

32 17/19p ordinary

Sale

1,171

5.8620 GBP

32 17/19p ordinary

Sale

1,101

5.7300 GBP

32 17/19p ordinary

Sale

1,049

5.8780 GBP

32 17/19p ordinary

Sale

984

5.8900 GBP

32 17/19p ordinary

Sale

763

5.8940 GBP

32 17/19p ordinary

Sale

721

5.8480 GBP

32 17/19p ordinary

Sale

686

5.8861 GBP

32 17/19p ordinary

Sale

656

5.8760 GBP

32 17/19p ordinary

Sale

590

5.9070 GBP

32 17/19p ordinary

Sale

506

5.8460 GBP

32 17/19p ordinary

Sale

469

5.7085 GBP

32 17/19p ordinary

Sale

428

5.9050 GBP

32 17/19p ordinary

Sale

388

5.8500 GBP

32 17/19p ordinary

Sale

290

5.8520 GBP

32 17/19p ordinary

Sale

190

5.8669 GBP

32 17/19p ordinary

Sale

122

5.8571 GBP

32 17/19p ordinary

Sale

95

5.7119 GBP

32 17/19p ordinary

Sale

17

5.9080 GBP

32 17/19p ordinary

Sale

9

5.6840 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 Long

32,311

5.7623 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,663

5.6923 GBP

32 17/19p ordinary

SWAP

Increasing Long

143,350

5.7171 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,307

5.7302 GBP

32 17/19p ordinary

SWAP

Increasing Long

44,230

5.8154 GBP

32 17/19p ordinary

SWAP

Increasing Long

6,483

5.8415 GBP

32 17/19p ordinary

SWAP

Increasing Long

491,517

5.8424 GBP

32 17/19p ordinary

SWAP

Increasing Long

17,421

5.8446 GBP

32 17/19p ordinary

SWAP

Increasing Long

334,529

5.8475 GBP

32 17/19p ordinary

SWAP

Increasing Long

706

5.8548 GBP

32 17/19p ordinary

SWAP

Increasing Long

293,009

5.8551 GBP

32 17/19p ordinary

SWAP

Increasing Long

20,271

5.8554 GBP

32 17/19p ordinary

SWAP

Increasing Long

343,200

5.8560 GBP

32 17/19p ordinary

SWAP

Increasing Long

109,481

5.8561 GBP

32 17/19p ordinary

SWAP

Increasing Long

41,516

5.8631 GBP

32 17/19p ordinary

SWAP

Increasing Long

46,947

5.8705 GBP

32 17/19p ordinary

SWAP

Increasing Long

145,160

5.8720 GBP

32 17/19p ordinary

SWAP

Increasing Long

120,526

5.8729 GBP

32 17/19p ordinary

SWAP

Increasing Long

90,451

5.8778 GBP

32 17/19p ordinary

SWAP

Increasing Long

72,866

5.8797 GBP

32 17/19p ordinary

SWAP

Increasing Long

114,706

5.8798 GBP

32 17/19p ordinary

SWAP

Increasing Long

270,524

5.8799 GBP

32 17/19p ordinary

SWAP

Increasing Long

28,650

5.8821 GBP

32 17/19p ordinary

SWAP

Increasing Long

117,047

5.8834 GBP

32 17/19p ordinary

SWAP

Increasing Long

36,180

5.8851 GBP

32 17/19p ordinary

SWAP

Increasing Long

19,900

5.8890 GBP

32 17/19p ordinary

SWAP

Decreasing Long

957

5.7100 GBP

32 17/19p ordinary

SWAP

Decreasing Long

43,300

5.7222 GBP

32 17/19p ordinary

SWAP

Decreasing Long

17,434

5.7804 GBP

32 17/19p ordinary

SWAP

Decreasing Long

437,592

5.7853 GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,299

5.8101 GBP

32 17/19p ordinary

SWAP

Decreasing Long

163,510

5.8110 GBP

32 17/19p ordinary

SWAP

Decreasing Long

8,214

5.8111 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,059

5.8146 GBP

32 17/19p ordinary

SWAP

Decreasing Long

11,636

5.8182 GBP

32 17/19p ordinary

SWAP

Decreasing Long

56,543

5.8304 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,235

5.8455 GBP

32 17/19p ordinary

SWAP

Decreasing Long

102

5.8520 GBP

32 17/19p ordinary

SWAP

Opening Short

2,664,822

5.8560 GBP

32 17/19p ordinary

SWAP

Increasing Short

20,540

5.8562 GBP

32 17/19p ordinary

SWAP

Increasing Short

33

5.8567 GBP

32 17/19p ordinary

SWAP

Increasing Short

901

5.8569 GBP

32 17/19p ordinary

SWAP

Increasing Short

11,110

5.8571 GBP

32 17/19p ordinary

SWAP

Increasing Short

35,846

5.8577 GBP

32 17/19p ordinary

SWAP

Increasing Short

85

5.8611 GBP

32 17/19p ordinary

SWAP

Increasing Short

49,675

5.8689 GBP

32 17/19p ordinary

SWAP

Increasing Long

284

5.6990 GBP

32 17/19p ordinary

SWAP

Decreasing Long

18,600

5.8560 GBP

32 17/19p ordinary

SWAP

Decreasing Long

2,300

5.8679 GBP

32 17/19p ordinary

CFD

Increasing Long

136

5.7127 GBP

32 17/19p ordinary

CFD

Increasing Long

8,844

5.7195 GBP

32 17/19p ordinary

CFD

Increasing Long

31,509

5.8265 GBP

32 17/19p ordinary

CFD

Increasing Long

2,596

5.8331 GBP

32 17/19p ordinary

CFD

Increasing Long

84,406

5.8782 GBP

32 17/19p ordinary

CFD

Decreasing Long

697

5.8525 GBP

32 17/19p ordinary

CFD

Decreasing Long

10,520

5.8552 GBP

32 17/19p ordinary

CFD

Decreasing Long

3,161

5.8564 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:

16 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

-120,791

5.3305

European

06-Jun-2026

32 17/19p ordinary

Call Options

Written

-104,576

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:

 

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END
 
 
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