23rd Dec 2024 15:07
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: | 20 Dec 2024 | |||||
(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: | 22,630,074 | 0.85% | 15,442,069 | 0.58% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 1,335,503 | 0.05% | 18,778,293 | 0.70% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 1,099,632 | 0.04% | |||
TOTAL: | 23,965,577 | 0.90% | 35,319,994 | 1.32% | |||
(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 | 1,401,686 | 4.5656 GBP | ||||
32 17/19p ordinary | Purchase | 1,118,740 | 4.5720 GBP | ||||
32 17/19p ordinary | Purchase | 514,001 | 4.5480 GBP | ||||
32 17/19p ordinary | Purchase | 158,442 | 4.5641 GBP | ||||
32 17/19p ordinary | Purchase | 113,468 | 4.5726 GBP | ||||
32 17/19p ordinary | Purchase | 63,236 | 4.5539 GBP | ||||
32 17/19p ordinary | Purchase | 55,382 | 4.5410 GBP | ||||
32 17/19p ordinary | Purchase | 34,430 | 4.5503 GBP | ||||
32 17/19p ordinary | Purchase | 30,431 | 4.5728 GBP | ||||
32 17/19p ordinary | Purchase | 29,435 | 4.5519 GBP | ||||
32 17/19p ordinary | Purchase | 27,981 | 4.5567 GBP | ||||
32 17/19p ordinary | Purchase | 26,420 | 4.5402 GBP | ||||
32 17/19p ordinary | Purchase | 25,167 | 4.5587 GBP | ||||
32 17/19p ordinary | Purchase | 23,528 | 4.5592 GBP | ||||
32 17/19p ordinary | Purchase | 21,161 | 4.5508 GBP | ||||
32 17/19p ordinary | Purchase | 20,151 | 4.5593 GBP | ||||
32 17/19p ordinary | Purchase | 18,600 | 4.5548 GBP | ||||
32 17/19p ordinary | Purchase | 17,215 | 4.5461 GBP | ||||
32 17/19p ordinary | Purchase | 14,801 | 4.5609 GBP | ||||
32 17/19p ordinary | Purchase | 14,717 | 4.5504 GBP | ||||
32 17/19p ordinary | Purchase | 13,967 | 4.5663 GBP | ||||
32 17/19p ordinary | Purchase | 11,509 | 4.5729 GBP | ||||
32 17/19p ordinary | Purchase | 10,414 | 4.5330 GBP | ||||
32 17/19p ordinary | Purchase | 9,261 | 4.5688 GBP | ||||
32 17/19p ordinary | Purchase | 8,428 | 4.5441 GBP | ||||
ADR | Purchase | 5,800 | 11.6444 USD | ||||
32 17/19p ordinary | Purchase | 4,829 | 4.5584 GBP | ||||
32 17/19p ordinary | Purchase | 4,394 | 4.5614 GBP | ||||
32 17/19p ordinary | Purchase | 4,041 | 4.5598 GBP | ||||
32 17/19p ordinary | Purchase | 3,836 | 4.5640 GBP | ||||
32 17/19p ordinary | Purchase | 3,127 | 4.5571 GBP | ||||
ADR | Purchase | 3,000 | 11.7300 USD | ||||
32 17/19p ordinary | Purchase | 2,547 | 4.5538 GBP | ||||
32 17/19p ordinary | Purchase | 2,464 | 4.5794 GBP | ||||
32 17/19p ordinary | Purchase | 2,375 | 4.5453 GBP | ||||
32 17/19p ordinary | Purchase | 2,293 | 4.5800 GBP | ||||
32 17/19p ordinary | Purchase | 2,207 | 4.5712 GBP | ||||
32 17/19p ordinary | Purchase | 2,169 | 4.5449 GBP | ||||
32 17/19p ordinary | Purchase | 2,143 | 4.5626 GBP | ||||
32 17/19p ordinary | Purchase | 2,058 | 4.5700 GBP | ||||
32 17/19p ordinary | Purchase | 1,869 | 4.5483 GBP | ||||
32 17/19p ordinary | Purchase | 1,836 | 4.5474 GBP | ||||
32 17/19p ordinary | Purchase | 1,811 | 4.5577 GBP | ||||
32 17/19p ordinary | Purchase | 1,710 | 4.5291 GBP | ||||
32 17/19p ordinary | Purchase | 1,216 | 4.5580 GBP | ||||
32 17/19p ordinary | Purchase | 1,173 | 4.5690 GBP | ||||
32 17/19p ordinary | Purchase | 1,081 | 4.5260 GBP | ||||
32 17/19p ordinary | Purchase | 1,041 | 4.5462 GBP | ||||
32 17/19p ordinary | Purchase | 1,039 | 4.5525 GBP | ||||
32 17/19p ordinary | Purchase | 801 | 4.5591 GBP | ||||
32 17/19p ordinary | Purchase | 793 | 4.5540 GBP | ||||
32 17/19p ordinary | Purchase | 669 | 4.5326 GBP | ||||
32 17/19p ordinary | Purchase | 612 | 4.5798 GBP | ||||
32 17/19p ordinary | Purchase | 565 | 4.5610 GBP | ||||
32 17/19p ordinary | Purchase | 552 | 4.5310 GBP | ||||
32 17/19p ordinary | Purchase | 546 | 4.5819 GBP | ||||
32 17/19p ordinary | Purchase | 476 | 4.5570 GBP | ||||
32 17/19p ordinary | Purchase | 456 | 4.5877 GBP | ||||
32 17/19p ordinary | Purchase | 283 | 4.5659 GBP | ||||
32 17/19p ordinary | Purchase | 270 | 4.5860 GBP | ||||
32 17/19p ordinary | Purchase | 239 | 4.5489 GBP | ||||
32 17/19p ordinary | Purchase | 239 | 4.5490 GBP | ||||
32 17/19p ordinary | Purchase | 117 | 4.5769 GBP | ||||
32 17/19p ordinary | Purchase | 112 | 4.5475 GBP | ||||
32 17/19p ordinary | Purchase | 110 | 4.5530 GBP | ||||
32 17/19p ordinary | Sale | 808,966 | 4.5532 GBP | ||||
32 17/19p ordinary | Sale | 591,046 | 4.5720 GBP | ||||
32 17/19p ordinary | Sale | 234,236 | 4.5577 GBP | ||||
32 17/19p ordinary | Sale | 207,100 | 4.5670 GBP | ||||
32 17/19p ordinary | Sale | 102,000 | 4.5719 GBP | ||||
32 17/19p ordinary | Sale | 55,681 | 4.5426 GBP | ||||
32 17/19p ordinary | Sale | 53,780 | 4.5703 GBP | ||||
32 17/19p ordinary | Sale | 44,638 | 4.5644 GBP | ||||
32 17/19p ordinary | Sale | 26,059 | 4.5601 GBP | ||||
32 17/19p ordinary | Sale | 25,677 | 4.5655 GBP | ||||
32 17/19p ordinary | Sale | 20,241 | 4.5549 GBP | ||||
32 17/19p ordinary | Sale | 12,318 | 4.5707 GBP | ||||
32 17/19p ordinary | Sale | 10,600 | 4.5517 GBP | ||||
32 17/19p ordinary | Sale | 9,664 | 4.5490 GBP | ||||
32 17/19p ordinary | Sale | 6,859 | 4.5530 GBP | ||||
32 17/19p ordinary | Sale | 6,847 | 4.5710 GBP | ||||
32 17/19p ordinary | Sale | 6,278 | 4.5603 GBP | ||||
ADR | Sale | 5,800 | 11.6444 USD | ||||
32 17/19p ordinary | Sale | 5,681 | 4.5571 GBP | ||||
32 17/19p ordinary | Sale | 5,327 | 4.5570 GBP | ||||
32 17/19p ordinary | Sale | 4,714 | 4.5548 GBP | ||||
32 17/19p ordinary | Sale | 3,836 | 4.5640 GBP | ||||
ADR | Sale | 3,000 | 11.7300 USD | ||||
32 17/19p ordinary | Sale | 2,922 | 4.5447 GBP | ||||
32 17/19p ordinary | Sale | 2,673 | 4.5521 GBP | ||||
32 17/19p ordinary | Sale | 2,293 | 4.5800 GBP | ||||
32 17/19p ordinary | Sale | 2,058 | 4.5700 GBP | ||||
32 17/19p ordinary | Sale | 1,909 | 4.5408 GBP | ||||
32 17/19p ordinary | Sale | 1,644 | 4.5405 GBP | ||||
32 17/19p ordinary | Sale | 1,322 | 4.5810 GBP | ||||
32 17/19p ordinary | Sale | 1,112 | 4.5500 GBP | ||||
32 17/19p ordinary | Sale | 1,081 | 4.5260 GBP | ||||
32 17/19p ordinary | Sale | 876 | 4.5510 GBP | ||||
32 17/19p ordinary | Sale | 683 | 4.5634 GBP | ||||
32 17/19p ordinary | Sale | 635 | 4.5611 GBP | ||||
32 17/19p ordinary | Sale | 513 | 4.5620 GBP | ||||
32 17/19p ordinary | Sale | 270 | 4.5860 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 | 747,723 | 4.5528 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,363 | 4.5533 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 220 | 4.5544 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 20,241 | 4.5549 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 234,236 | 4.5577 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 746 | 4.5586 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 513 | 4.5620 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,104 | 4.5642 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,677 | 4.5655 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 37,190 | 4.5656 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,276 | 4.5668 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 150 | 4.5700 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,847 | 4.5710 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 102,000 | 4.5719 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,042 | 4.5748 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,710 | 4.5291 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 669 | 4.5326 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10,414 | 4.5330 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,229 | 4.5351 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,526 | 4.5390 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,420 | 4.5402 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 55,382 | 4.5410 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,375 | 4.5453 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,202 | 4.5456 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,215 | 4.5461 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 74,089 | 4.5503 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,717 | 4.5504 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,435 | 4.5519 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 63,236 | 4.5539 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,600 | 4.5548 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,694 | 4.5591 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 448,165 | 4.5601 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,394 | 4.5614 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 207,514 | 4.5618 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 283 | 4.5660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,625 | 4.5669 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,261 | 4.5688 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 382,719 | 4.5720 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 111,648 | 4.5726 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,431 | 4.5728 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,509 | 4.5729 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 117 | 4.5769 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 612 | 4.5798 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 119 | 4.5810 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 546 | 4.5819 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 456 | 4.5877 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 32 | 4.5881 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 10,117 | 4.5413 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 55,681 | 4.5426 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 310 | 4.5428 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 41,236 | 4.5526 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,706 | 4.5717 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 3,811 | 4.5719 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 27,458 | 4.5720 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,973 | 4.5729 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 227 | 4.5736 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 135 | 4.5448 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,547 | 4.5538 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,058 | 4.5700 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 578,948 | 4.5720 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 18,611 | 4.5761 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 Dec 2024 | ||||||
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 | -322,241 | 4.2985 | European | 20/12/2024 | |
32 17/19p ordinary | Call Options | Written | -310,719 | 4.5547 | European | 20/12/2024 | |
32 17/19p ordinary | Call Options | Written | -241,305 | 4.4050 | European | 20/12/2024 | |
32 17/19p ordinary | Call Options | Written | -120,790 | 5.3305 | European | 20/12/2024 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 5.3176 | European | 20/12/2024 | |
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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