15th Jan 2025 14:56
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: | 14 Jan 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: | 20,863,797 | 0.78% | 19,396,324 | 0.72% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 1,514,326 | 0.06% | 16,536,530 | 0.62% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 788,922 | 0.03% | |||
TOTAL: | 22,378,123 | 0.84% | 36,721,776 | 1.37% | |||
(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 | 407,692 | 4.6902 GBP | ||||
32 17/19p ordinary | Purchase | 379,936 | 4.6874 GBP | ||||
32 17/19p ordinary | Purchase | 164,290 | 4.6960 GBP | ||||
32 17/19p ordinary | Purchase | 149,360 | 4.6946 GBP | ||||
32 17/19p ordinary | Purchase | 109,060 | 4.6943 GBP | ||||
32 17/19p ordinary | Purchase | 91,341 | 4.6908 GBP | ||||
32 17/19p ordinary | Purchase | 82,145 | 4.7040 GBP | ||||
32 17/19p ordinary | Purchase | 68,037 | 4.6869 GBP | ||||
32 17/19p ordinary | Purchase | 67,359 | 4.6870 GBP | ||||
32 17/19p ordinary | Purchase | 50,810 | 4.6863 GBP | ||||
32 17/19p ordinary | Purchase | 32,450 | 4.6840 GBP | ||||
32 17/19p ordinary | Purchase | 29,813 | 4.6894 GBP | ||||
32 17/19p ordinary | Purchase | 29,306 | 4.6814 GBP | ||||
32 17/19p ordinary | Purchase | 26,610 | 4.7007 GBP | ||||
32 17/19p ordinary | Purchase | 25,155 | 4.6846 GBP | ||||
32 17/19p ordinary | Purchase | 23,412 | 4.6905 GBP | ||||
32 17/19p ordinary | Purchase | 17,643 | 4.6931 GBP | ||||
32 17/19p ordinary | Purchase | 15,800 | 4.6967 GBP | ||||
32 17/19p ordinary | Purchase | 13,600 | 4.6933 GBP | ||||
32 17/19p ordinary | Purchase | 13,535 | 4.6911 GBP | ||||
32 17/19p ordinary | Purchase | 13,067 | 4.6800 GBP | ||||
32 17/19p ordinary | Purchase | 9,854 | 4.6926 GBP | ||||
32 17/19p ordinary | Purchase | 7,956 | 4.6949 GBP | ||||
32 17/19p ordinary | Purchase | 6,808 | 4.6877 GBP | ||||
32 17/19p ordinary | Purchase | 5,300 | 4.6904 GBP | ||||
32 17/19p ordinary | Purchase | 5,063 | 4.6975 GBP | ||||
32 17/19p ordinary | Purchase | 5,000 | 4.7220 GBP | ||||
32 17/19p ordinary | Purchase | 3,911 | 4.6925 GBP | ||||
32 17/19p ordinary | Purchase | 3,807 | 4.6920 GBP | ||||
32 17/19p ordinary | Purchase | 3,560 | 4.6906 GBP | ||||
32 17/19p ordinary | Purchase | 3,264 | 4.6820 GBP | ||||
32 17/19p ordinary | Purchase | 3,052 | 4.6947 GBP | ||||
32 17/19p ordinary | Purchase | 2,971 | 4.7010 GBP | ||||
ADR | Purchase | 2,400 | 11.5783 USD | ||||
32 17/19p ordinary | Purchase | 2,321 | 4.6861 GBP | ||||
32 17/19p ordinary | Purchase | 1,870 | 4.6806 GBP | ||||
32 17/19p ordinary | Purchase | 1,737 | 4.6851 GBP | ||||
32 17/19p ordinary | Purchase | 1,726 | 4.6780 GBP | ||||
32 17/19p ordinary | Purchase | 1,495 | 4.6830 GBP | ||||
32 17/19p ordinary | Purchase | 1,280 | 4.6822 GBP | ||||
32 17/19p ordinary | Purchase | 1,022 | 4.7089 GBP | ||||
32 17/19p ordinary | Purchase | 931 | 4.6813 GBP | ||||
32 17/19p ordinary | Purchase | 692 | 4.6845 GBP | ||||
32 17/19p ordinary | Purchase | 662 | 4.6775 GBP | ||||
ADR | Purchase | 600 | 11.5633 USD | ||||
32 17/19p ordinary | Purchase | 524 | 4.6815 GBP | ||||
32 17/19p ordinary | Purchase | 412 | 4.6901 GBP | ||||
32 17/19p ordinary | Purchase | 307 | 4.6770 GBP | ||||
32 17/19p ordinary | Purchase | 252 | 4.7079 GBP | ||||
32 17/19p ordinary | Purchase | 244 | 4.6929 GBP | ||||
32 17/19p ordinary | Purchase | 234 | 4.7085 GBP | ||||
32 17/19p ordinary | Purchase | 109 | 4.6930 GBP | ||||
32 17/19p ordinary | Purchase | 10 | 4.6915 GBP | ||||
32 17/19p ordinary | Sale | 265,902 | 4.6870 GBP | ||||
32 17/19p ordinary | Sale | 238,551 | 4.6868 GBP | ||||
32 17/19p ordinary | Sale | 138,625 | 4.6874 GBP | ||||
32 17/19p ordinary | Sale | 138,204 | 4.6913 GBP | ||||
32 17/19p ordinary | Sale | 81,702 | 4.6879 GBP | ||||
32 17/19p ordinary | Sale | 52,875 | 4.6991 GBP | ||||
32 17/19p ordinary | Sale | 32,359 | 4.6917 GBP | ||||
32 17/19p ordinary | Sale | 25,155 | 4.6845 GBP | ||||
32 17/19p ordinary | Sale | 21,804 | 4.6956 GBP | ||||
32 17/19p ordinary | Sale | 10,799 | 4.6987 GBP | ||||
32 17/19p ordinary | Sale | 7,128 | 4.6998 GBP | ||||
32 17/19p ordinary | Sale | 6,895 | 4.6799 GBP | ||||
32 17/19p ordinary | Sale | 6,522 | 4.6952 GBP | ||||
32 17/19p ordinary | Sale | 6,000 | 4.6940 GBP | ||||
32 17/19p ordinary | Sale | 5,542 | 4.6877 GBP | ||||
32 17/19p ordinary | Sale | 4,972 | 4.6923 GBP | ||||
32 17/19p ordinary | Sale | 2,998 | 4.6805 GBP | ||||
32 17/19p ordinary | Sale | 2,689 | 4.6984 GBP | ||||
32 17/19p ordinary | Sale | 2,608 | 4.7080 GBP | ||||
ADR | Sale | 2,400 | 11.5783 USD | ||||
32 17/19p ordinary | Sale | 1,870 | 4.6806 GBP | ||||
32 17/19p ordinary | Sale | 1,726 | 4.6780 GBP | ||||
32 17/19p ordinary | Sale | 1,590 | 4.6985 GBP | ||||
32 17/19p ordinary | Sale | 1,285 | 4.6820 GBP | ||||
32 17/19p ordinary | Sale | 1,273 | 4.6900 GBP | ||||
32 17/19p ordinary | Sale | 1,265 | 4.6898 GBP | ||||
32 17/19p ordinary | Sale | 1,048 | 4.6885 GBP | ||||
32 17/19p ordinary | Sale | 1,000 | 4.7170 GBP | ||||
32 17/19p ordinary | Sale | 955 | 4.6790 GBP | ||||
32 17/19p ordinary | Sale | 931 | 4.6813 GBP | ||||
32 17/19p ordinary | Sale | 742 | 4.6974 GBP | ||||
32 17/19p ordinary | Sale | 651 | 4.6835 GBP | ||||
ADR | Sale | 600 | 11.5633 USD | ||||
32 17/19p ordinary | Sale | 550 | 4.6980 GBP | ||||
32 17/19p ordinary | Sale | 529 | 4.6821 GBP | ||||
32 17/19p ordinary | Sale | 449 | 4.6964 GBP | ||||
32 17/19p ordinary | Sale | 425 | 4.6800 GBP | ||||
32 17/19p ordinary | Sale | 353 | 4.6930 GBP | ||||
32 17/19p ordinary | Sale | 307 | 4.6770 GBP | ||||
32 17/19p ordinary | Sale | 205 | 4.6819 GBP | ||||
32 17/19p ordinary | Sale | 141 | 4.6836 GBP | ||||
32 17/19p ordinary | Sale | 59 | 4.6834 GBP | ||||
32 17/19p ordinary | Sale | 14 | 4.6837 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 | 10,284 | 4.6860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,919 | 4.6861 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,550 | 4.6863 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,130 | 4.6870 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 58,694 | 4.6892 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,359 | 4.6917 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 21,804 | 4.6956 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,517 | 4.6957 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 449 | 4.6964 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,892 | 4.6979 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 779 | 4.6980 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 339 | 4.6990 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 770 | 4.7038 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 804 | 4.7066 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,236 | 4.7089 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,306 | 4.6814 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 68,037 | 4.6869 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,944 | 4.6882 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,813 | 4.6894 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 197,216 | 4.6902 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 91,341 | 4.6908 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,157 | 4.6921 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 86,639 | 4.6922 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 56,671 | 4.6932 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,263 | 4.6933 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 67,382 | 4.6935 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,809 | 4.6946 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 76,169 | 4.6956 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,990 | 4.6962 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,800 | 4.6967 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,252 | 4.6975 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 76 | 4.7209 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,000 | 4.6834 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 400 | 4.6836 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,600 | 4.6866 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 17,795 | 4.6916 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 190 | 4.6988 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 400 | 4.6803 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 17,959 | 4.6826 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 200 | 4.6843 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,600 | 4.7093 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: | 15 Jan 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 | -322,238 | 4.2985 | European | 11-Mar-25 | |
32 17/19p ordinary | Call Options | Written | -241,316 | 4.4050 | European | 06-May-25 | |
32 17/19p ordinary | Call Options | Written | -120,789 | 5.3305 | European | 06-Jun-25 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 5.3176 | European | 05-Jun-25 | |
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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