21st May 2025 11:43
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: | BNP Paribas SA |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | 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: For an opening position disclosure, state the latest practicable date prior to the disclosure | 20/05/2025 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | Yes If YES, specify which: Direct Line Insurance Group plc |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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:
| GB00BPQY8M80 (32 17/19p ordinary) | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 10,079,788 | 0.3764 | -19,352,412 | -0.7227 |
(2) Cash-settled derivatives: | 12,285,339 | 0.4588 | -3,931,712 | -0.1468 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 586,000 | 0.0219 | -36,000 | -0.0013 |
TOTAL: | 22,951,127 | 0.8570 | -23,320,124 | -0.8708 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee 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
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit |
GB00BPQY8M80 | Purchase | 1 | 5.9574 GBP |
GB00BPQY8M80 | Purchase | 1 | 5.9586 GBP |
GB00BPQY8M80 | Purchase | 1 | 5.9613 GBP |
GB00BPQY8M80 | Purchase | 1 | 5.9626 GBP |
GB00BPQY8M80 | Purchase | 1 | 5.9785 GBP |
GB00BPQY8M80 | Purchase | 1 | 5.9903 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0022 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0030 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0086 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0099 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0099 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0101 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0115 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0214 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0338 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0340 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0344 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0503 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0629 GBP |
GB00BPQY8M80 | Purchase | 1 | 6.0678 GBP |
GB00BPQY8M80 | Purchase | 2 | 5.9573 GBP |
GB00BPQY8M80 | Purchase | 2 | 5.9943 GBP |
GB00BPQY8M80 | Purchase | 2 | 6.0110 GBP |
GB00BPQY8M80 | Purchase | 2 | 6.0638 GBP |
GB00BPQY8M80 | Purchase | 2 | 6.0684 GBP |
GB00BPQY8M80 | Purchase | 2 | 6.0692 GBP |
GB00BPQY8M80 | Purchase | 3 | 6.0678 GBP |
GB00BPQY8M80 | Purchase | 4 | 5.9221 GBP |
GB00BPQY8M80 | Purchase | 4 | 5.9978 GBP |
GB00BPQY8M80 | Purchase | 7 | 6.0102 GBP |
GB00BPQY8M80 | Purchase | 7 | 6.0133 GBP |
GB00BPQY8M80 | Purchase | 8 | 6.0101 GBP |
GB00BPQY8M80 | Purchase | 13 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 13 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 13 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 15 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 16 | 5.9203 GBP |
GB00BPQY8M80 | Purchase | 18 | 5.9937 GBP |
GB00BPQY8M80 | Purchase | 18 | 6.0001 GBP |
GB00BPQY8M80 | Purchase | 18 | 6.0340 GBP |
GB00BPQY8M80 | Purchase | 19 | 6.0102 GBP |
GB00BPQY8M80 | Purchase | 19 | 6.0125 GBP |
GB00BPQY8M80 | Purchase | 19 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 19 | 6.0638 GBP |
GB00BPQY8M80 | Purchase | 20 | 5.9626 GBP |
GB00BPQY8M80 | Purchase | 21 | 5.9605 GBP |
GB00BPQY8M80 | Purchase | 21 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 25 | 5.9600 GBP |
GB00BPQY8M80 | Purchase | 25 | 5.9906 GBP |
GB00BPQY8M80 | Purchase | 25 | 6.0115 GBP |
GB00BPQY8M80 | Purchase | 28 | 5.9900 GBP |
GB00BPQY8M80 | Purchase | 30 | 5.9778 GBP |
GB00BPQY8M80 | Purchase | 31 | 5.9606 GBP |
GB00BPQY8M80 | Purchase | 31 | 5.9620 GBP |
GB00BPQY8M80 | Purchase | 33 | 6.0456 GBP |
GB00BPQY8M80 | Purchase | 38 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 45 | 5.9605 GBP |
GB00BPQY8M80 | Purchase | 48 | 5.9996 GBP |
GB00BPQY8M80 | Purchase | 50 | 6.0180 GBP |
GB00BPQY8M80 | Purchase | 55 | 6.0339 GBP |
GB00BPQY8M80 | Purchase | 59 | 6.0214 GBP |
GB00BPQY8M80 | Purchase | 60 | 6.0103 GBP |
GB00BPQY8M80 | Purchase | 64 | 6.0237 GBP |
GB00BPQY8M80 | Purchase | 68 | 5.9667 GBP |
GB00BPQY8M80 | Purchase | 68 | 5.9929 GBP |
GB00BPQY8M80 | Purchase | 69 | 6.0140 GBP |
GB00BPQY8M80 | Purchase | 72 | 6.0344 GBP |
GB00BPQY8M80 | Purchase | 84 | 5.9606 GBP |
GB00BPQY8M80 | Purchase | 86 | 6.0026 GBP |
GB00BPQY8M80 | Purchase | 93 | 5.9621 GBP |
GB00BPQY8M80 | Purchase | 104 | 6.0140 GBP |
GB00BPQY8M80 | Purchase | 110 | 6.0360 GBP |
GB00BPQY8M80 | Purchase | 128 | 6.0184 GBP |
GB00BPQY8M80 | Purchase | 128 | 6.0507 GBP |
GB00BPQY8M80 | Purchase | 132 | 6.0501 GBP |
GB00BPQY8M80 | Purchase | 133 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 170 | 6.0608 GBP |
GB00BPQY8M80 | Purchase | 180 | 5.9662 GBP |
GB00BPQY8M80 | Purchase | 184 | 5.9200 GBP |
GB00BPQY8M80 | Purchase | 186 | 5.9600 GBP |
GB00BPQY8M80 | Purchase | 189 | 6.0075 GBP |
GB00BPQY8M80 | Purchase | 213 | 6.0000 GBP |
GB00BPQY8M80 | Purchase | 227 | 6.0117 GBP |
GB00BPQY8M80 | Purchase | 244 | 5.9920 GBP |
GB00BPQY8M80 | Purchase | 277 | 5.9909 GBP |
GB00BPQY8M80 | Purchase | 293 | 6.0014 GBP |
GB00BPQY8M80 | Purchase | 339 | 6.0542 GBP |
GB00BPQY8M80 | Purchase | 343 | 5.9785 GBP |
GB00BPQY8M80 | Purchase | 351 | 5.9921 GBP |
GB00BPQY8M80 | Purchase | 362 | 6.0144 GBP |
GB00BPQY8M80 | Purchase | 381 | 5.9200 GBP |
GB00BPQY8M80 | Purchase | 389 | 6.0629 GBP |
GB00BPQY8M80 | Purchase | 445 | 5.9260 GBP |
GB00BPQY8M80 | Purchase | 459 | 5.9620 GBP |
GB00BPQY8M80 | Purchase | 477 | 6.0674 GBP |
GB00BPQY8M80 | Purchase | 481 | 6.0101 GBP |
GB00BPQY8M80 | Purchase | 512 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 578 | 5.9613 GBP |
GB00BPQY8M80 | Purchase | 597 | 6.0151 GBP |
GB00BPQY8M80 | Purchase | 724 | 6.0066 GBP |
GB00BPQY8M80 | Purchase | 916 | 6.0073 GBP |
GB00BPQY8M80 | Purchase | 934 | 5.9961 GBP |
GB00BPQY8M80 | Purchase | 1,156 | 5.9916 GBP |
GB00BPQY8M80 | Purchase | 1,294 | 5.9590 GBP |
GB00BPQY8M80 | Purchase | 1,507 | 5.9768 GBP |
GB00BPQY8M80 | Purchase | 1,862 | 5.9640 GBP |
GB00BPQY8M80 | Purchase | 1,950 | 6.0020 GBP |
GB00BPQY8M80 | Purchase | 2,608 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 3,162 | 6.0061 GBP |
GB00BPQY8M80 | Purchase | 3,338 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 3,583 | 6.0104 GBP |
GB00BPQY8M80 | Purchase | 4,903 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 5,232 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 5,359 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 6,542 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 7,123 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 7,162 | 6.0629 GBP |
GB00BPQY8M80 | Purchase | 8,700 | 6.0520 GBP |
GB00BPQY8M80 | Purchase | 9,313 | 6.0661 GBP |
GB00BPQY8M80 | Purchase | 10,790 | 6.0005 GBP |
GB00BPQY8M80 | Purchase | 12,901 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 16,559 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 19,020 | 5.9897 GBP |
GB00BPQY8M80 | Purchase | 30,083 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 36,139 | 6.0612 GBP |
GB00BPQY8M80 | Purchase | 52,853 | 6.0074 GBP |
GB00BPQY8M80 | Purchase | 70,122 | 6.0006 GBP |
GB00BPQY8M80 | Purchase | 91,143 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 124,982 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 207,856 | 6.0740 GBP |
GB00BPQY8M80 | Purchase | 309,904 | 5.9140 GBP |
GB00BPQY8M80 | Sale | -320,912 | 6.0506 GBP |
GB00BPQY8M80 | Sale | -282,236 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -200,343 | 6.0624 GBP |
GB00BPQY8M80 | Sale | -163,452 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -91,143 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -52,982 | 6.0546 GBP |
GB00BPQY8M80 | Sale | -45,813 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -43,306 | 6.0249 GBP |
GB00BPQY8M80 | Sale | -25,631 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -22,598 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -17,992 | 6.0272 GBP |
GB00BPQY8M80 | Sale | -13,486 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -12,883 | 6.0652 GBP |
GB00BPQY8M80 | Sale | -9,335 | 5.9970 GBP |
GB00BPQY8M80 | Sale | -7,508 | 6.0385 GBP |
GB00BPQY8M80 | Sale | -7,325 | 6.0480 GBP |
GB00BPQY8M80 | Sale | -7,143 | 6.0520 GBP |
GB00BPQY8M80 | Sale | -6,542 | 6.0580 GBP |
GB00BPQY8M80 | Sale | -6,415 | 6.0330 GBP |
GB00BPQY8M80 | Sale | -6,105 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -5,916 | 5.9560 GBP |
GB00BPQY8M80 | Sale | -5,523 | 6.0338 GBP |
GB00BPQY8M80 | Sale | -5,349 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -5,035 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -4,310 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -3,916 | 6.0280 GBP |
GB00BPQY8M80 | Sale | -3,671 | 6.0705 GBP |
GB00BPQY8M80 | Sale | -3,253 | 6.0236 GBP |
GB00BPQY8M80 | Sale | -1,950 | 6.0020 GBP |
GB00BPQY8M80 | Sale | -1,219 | 5.9686 GBP |
GB00BPQY8M80 | Sale | -1,007 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -816 | 5.9724 GBP |
GB00BPQY8M80 | Sale | -724 | 6.0066 GBP |
GB00BPQY8M80 | Sale | -678 | 6.0167 GBP |
GB00BPQY8M80 | Sale | -597 | 6.0151 GBP |
GB00BPQY8M80 | Sale | -578 | 5.9613 GBP |
GB00BPQY8M80 | Sale | -512 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -489 | 6.0501 GBP |
GB00BPQY8M80 | Sale | -481 | 6.0101 GBP |
GB00BPQY8M80 | Sale | -477 | 6.0674 GBP |
GB00BPQY8M80 | Sale | -390 | 6.0629 GBP |
GB00BPQY8M80 | Sale | -362 | 6.0144 GBP |
GB00BPQY8M80 | Sale | -351 | 5.9921 GBP |
GB00BPQY8M80 | Sale | -343 | 5.9785 GBP |
GB00BPQY8M80 | Sale | -339 | 6.0542 GBP |
GB00BPQY8M80 | Sale | -277 | 5.9909 GBP |
GB00BPQY8M80 | Sale | -227 | 6.0117 GBP |
GB00BPQY8M80 | Sale | -189 | 6.0075 GBP |
GB00BPQY8M80 | Sale | -180 | 5.9662 GBP |
GB00BPQY8M80 | Sale | -170 | 6.0608 GBP |
GB00BPQY8M80 | Sale | -143 | 6.0359 GBP |
GB00BPQY8M80 | Sale | -132 | 6.0501 GBP |
GB00BPQY8M80 | Sale | -128 | 6.0184 GBP |
GB00BPQY8M80 | Sale | -128 | 6.0507 GBP |
GB00BPQY8M80 | Sale | -104 | 6.0140 GBP |
GB00BPQY8M80 | Sale | -100 | 6.0577 GBP |
GB00BPQY8M80 | Sale | -95 | 6.0740 GBP |
GB00BPQY8M80 | Sale | -93 | 5.9621 GBP |
GB00BPQY8M80 | Sale | -84 | 5.9606 GBP |
GB00BPQY8M80 | Sale | -73 | 6.0344 GBP |
GB00BPQY8M80 | Sale | -68 | 5.9667 GBP |
GB00BPQY8M80 | Sale | -68 | 5.9929 GBP |
GB00BPQY8M80 | Sale | -66 | 5.9605 GBP |
GB00BPQY8M80 | Sale | -64 | 6.0237 GBP |
GB00BPQY8M80 | Sale | -63 | 5.9246 GBP |
GB00BPQY8M80 | Sale | -60 | 6.0103 GBP |
GB00BPQY8M80 | Sale | -60 | 6.0214 GBP |
GB00BPQY8M80 | Sale | -55 | 6.0339 GBP |
GB00BPQY8M80 | Sale | -31 | 5.9606 GBP |
GB00BPQY8M80 | Sale | -31 | 5.9620 GBP |
GB00BPQY8M80 | Sale | -30 | 5.9778 GBP |
GB00BPQY8M80 | Sale | -28 | 5.9900 GBP |
GB00BPQY8M80 | Sale | -25 | 5.9600 GBP |
GB00BPQY8M80 | Sale | -25 | 5.9906 GBP |
GB00BPQY8M80 | Sale | -25 | 6.0115 GBP |
GB00BPQY8M80 | Sale | -20 | 5.9626 GBP |
GB00BPQY8M80 | Sale | -19 | 6.0102 GBP |
GB00BPQY8M80 | Sale | -19 | 6.0125 GBP |
GB00BPQY8M80 | Sale | -19 | 6.0638 GBP |
GB00BPQY8M80 | Sale | -18 | 5.9937 GBP |
GB00BPQY8M80 | Sale | -18 | 6.0001 GBP |
GB00BPQY8M80 | Sale | -16 | 5.9203 GBP |
GB00BPQY8M80 | Sale | -8 | 6.0101 GBP |
GB00BPQY8M80 | Sale | -7 | 6.0102 GBP |
GB00BPQY8M80 | Sale | -7 | 6.0133 GBP |
GB00BPQY8M80 | Sale | -4 | 5.9221 GBP |
GB00BPQY8M80 | Sale | -4 | 5.9978 GBP |
GB00BPQY8M80 | Sale | -3 | 6.0678 GBP |
GB00BPQY8M80 | Sale | -2 | 5.9573 GBP |
GB00BPQY8M80 | Sale | -2 | 5.9943 GBP |
GB00BPQY8M80 | Sale | -2 | 6.0110 GBP |
GB00BPQY8M80 | Sale | -2 | 6.0638 GBP |
GB00BPQY8M80 | Sale | -2 | 6.0684 GBP |
GB00BPQY8M80 | Sale | -2 | 6.0692 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9574 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9586 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9613 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9626 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9785 GBP |
GB00BPQY8M80 | Sale | -1 | 5.9903 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0022 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0030 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0086 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0099 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0099 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0101 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0115 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0338 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0340 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0503 GBP |
GB00BPQY8M80 | Sale | -1 | 6.0678 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
GB00BPQY8M80 | Contract for Difference | Opening Long Position | 54,304 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Opening Short Position | -184 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Closing Short Position | 608 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Increasing Long Position | 45,908 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Increasing Long Position | 223,098 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Increasing Short Position | -23,908 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Increasing Short Position | -309,904 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Increasing Short Position | -42,698 | 6.0740 |
GB00BPQY8M80 | Contract for Difference | Reducing Short Position | 1,219 | 6.0740 |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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4. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | Yes |
| Date of disclosure: | 21/05/2025 |
| Contact name: | Compliance Control Room |
| Telephone number*: | 0207 595 9695 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS,
AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1. | KEY INFORMATION |
Full name of person making disclosure:
| BNP Paribas SA |
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | Aviva plc |
2. | STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS) |
Class of relevant security | Product description e.g. call option | Written or purchased | Number of securities to which option or derivative relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date |
32 17/19p ordinary (GB00BPQY8M80) | Call Option | P | 86000 | 6.074 | american | 19/12/2025 |
32 17/19p ordinary (GB00BPQY8M80) | Put Option | W | 500000 | 6.074 | american | 18/12/2026 |
32 17/19p ordinary (GB00BPQY8M80) | Put Option | P | -36000 | 6.074 | american | 20/03/2026 |
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: |
|
It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives. |
The currency of all prices and other monetary amounts should be stated. |
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. |
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk |
Related Shares:
Aviva