27th Dec 2024 08:56
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 24 Dec 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DIRECT LINE INSURANCE GROUP PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 32 17/19p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 22,119,197 | 0.83% | 15,606,943 | 0.58% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,499,810 | 0.06% | 18,272,209 | 0.68% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 788,920 | 0.03% |
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| TOTAL: |
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| 23,619,007 | 0.88% | 34,668,072 | 1.29% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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32 17/19p ordinary | Purchase | 142,406 | 4.6323 GBP | ||||
32 17/19p ordinary | Purchase | 78,054 | 4.6306 GBP | ||||
32 17/19p ordinary | Purchase | 48,695 | 4.6314 GBP | ||||
32 17/19p ordinary | Purchase | 46,147 | 4.6286 GBP | ||||
32 17/19p ordinary | Purchase | 37,810 | 4.6329 GBP | ||||
32 17/19p ordinary | Purchase | 30,617 | 4.6317 GBP | ||||
32 17/19p ordinary | Purchase | 16,814 | 4.6310 GBP | ||||
32 17/19p ordinary | Purchase | 14,942 | 4.6354 GBP | ||||
32 17/19p ordinary | Purchase | 14,869 | 4.6300 GBP | ||||
32 17/19p ordinary | Purchase | 11,415 | 4.6346 GBP | ||||
32 17/19p ordinary | Purchase | 7,580 | 4.6337 GBP | ||||
32 17/19p ordinary | Purchase | 5,228 | 4.6275 GBP | ||||
32 17/19p ordinary | Purchase | 4,075 | 4.6316 GBP | ||||
32 17/19p ordinary | Purchase | 3,719 | 4.6362 GBP | ||||
32 17/19p ordinary | Purchase | 3,339 | 4.6341 GBP | ||||
32 17/19p ordinary | Purchase | 3,336 | 4.6318 GBP | ||||
32 17/19p ordinary | Purchase | 2,735 | 4.6360 GBP | ||||
32 17/19p ordinary | Purchase | 2,712 | 4.6330 GBP | ||||
32 17/19p ordinary | Purchase | 2,663 | 4.6293 GBP | ||||
32 17/19p ordinary | Purchase | 2,578 | 4.6270 GBP | ||||
32 17/19p ordinary | Purchase | 2,427 | 4.6280 GBP | ||||
32 17/19p ordinary | Purchase | 2,302 | 4.6250 GBP | ||||
32 17/19p ordinary | Purchase | 2,192 | 4.6356 GBP | ||||
32 17/19p ordinary | Purchase | 1,771 | 4.6220 GBP | ||||
32 17/19p ordinary | Purchase | 1,543 | 4.6324 GBP | ||||
32 17/19p ordinary | Purchase | 1,358 | 4.6347 GBP | ||||
32 17/19p ordinary | Purchase | 1,304 | 4.6370 GBP | ||||
32 17/19p ordinary | Purchase | 1,179 | 4.6380 GBP | ||||
32 17/19p ordinary | Purchase | 1,166 | 4.6281 GBP | ||||
32 17/19p ordinary | Purchase | 1,082 | 4.6400 GBP | ||||
32 17/19p ordinary | Purchase | 1,050 | 4.6348 GBP | ||||
ADR | Purchase | 1,000 | 11.7520 USD | ||||
32 17/19p ordinary | Purchase | 841 | 4.6240 GBP | ||||
32 17/19p ordinary | Purchase | 748 | 4.6430 GBP | ||||
32 17/19p ordinary | Purchase | 745 | 4.6365 GBP | ||||
32 17/19p ordinary | Purchase | 613 | 4.6352 GBP | ||||
ADR | Purchase | 600 | 11.8100 USD | ||||
32 17/19p ordinary | Purchase | 572 | 4.6260 GBP | ||||
32 17/19p ordinary | Purchase | 470 | 4.6340 GBP | ||||
32 17/19p ordinary | Purchase | 436 | 4.6410 GBP | ||||
32 17/19p ordinary | Purchase | 366 | 4.6290 GBP | ||||
32 17/19p ordinary | Purchase | 86 | 4.6322 GBP | ||||
32 17/19p ordinary | Purchase | 61 | 4.6320 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 4.6170 GBP | ||||
32 17/19p ordinary | Sale | 143,271 | 4.6303 GBP | ||||
32 17/19p ordinary | Sale | 93,755 | 4.6302 GBP | ||||
32 17/19p ordinary | Sale | 65,910 | 4.6284 GBP | ||||
32 17/19p ordinary | Sale | 47,293 | 4.6311 GBP | ||||
32 17/19p ordinary | Sale | 43,486 | 4.6310 GBP | ||||
32 17/19p ordinary | Sale | 20,890 | 4.6348 GBP | ||||
32 17/19p ordinary | Sale | 20,229 | 4.6309 GBP | ||||
32 17/19p ordinary | Sale | 14,942 | 4.6354 GBP | ||||
32 17/19p ordinary | Sale | 6,947 | 4.6322 GBP | ||||
32 17/19p ordinary | Sale | 5,429 | 4.6328 GBP | ||||
32 17/19p ordinary | Sale | 2,972 | 4.6305 GBP | ||||
32 17/19p ordinary | Sale | 2,845 | 4.6318 GBP | ||||
32 17/19p ordinary | Sale | 2,735 | 4.6360 GBP | ||||
32 17/19p ordinary | Sale | 2,695 | 4.6245 GBP | ||||
32 17/19p ordinary | Sale | 2,427 | 4.6280 GBP | ||||
32 17/19p ordinary | Sale | 2,360 | 4.6308 GBP | ||||
32 17/19p ordinary | Sale | 2,302 | 4.6250 GBP | ||||
32 17/19p ordinary | Sale | 2,279 | 4.6262 GBP | ||||
32 17/19p ordinary | Sale | 2,077 | 4.6288 GBP | ||||
32 17/19p ordinary | Sale | 1,771 | 4.6220 GBP | ||||
32 17/19p ordinary | Sale | 1,729 | 4.6307 GBP | ||||
32 17/19p ordinary | Sale | 1,457 | 4.6270 GBP | ||||
32 17/19p ordinary | Sale | 1,415 | 4.6241 GBP | ||||
32 17/19p ordinary | Sale | 1,304 | 4.6370 GBP | ||||
32 17/19p ordinary | Sale | 1,099 | 4.6330 GBP | ||||
32 17/19p ordinary | Sale | 1,082 | 4.6400 GBP | ||||
32 17/19p ordinary | Sale | 1,055 | 4.6380 GBP | ||||
ADR | Sale | 1,000 | 11.7520 USD | ||||
32 17/19p ordinary | Sale | 841 | 4.6240 GBP | ||||
ADR | Sale | 600 | 11.8100 USD | ||||
32 17/19p ordinary | Sale | 572 | 4.6260 GBP | ||||
32 17/19p ordinary | Sale | 500 | 4.6190 GBP | ||||
32 17/19p ordinary | Sale | 470 | 4.6340 GBP | ||||
32 17/19p ordinary | Sale | 436 | 4.6410 GBP | ||||
32 17/19p ordinary | Sale | 366 | 4.6290 GBP | ||||
32 17/19p ordinary | Sale | 196 | 4.6300 GBP | ||||
32 17/19p ordinary | Sale | 124 | 4.6384 GBP | ||||
32 17/19p ordinary | Sale | 61 | 4.6320 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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32 17/19p ordinary | SWAP | Decreasing Short | 179 | 4.6223 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 65,910 | 4.6284 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 559 | 4.6285 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,077 | 4.6288 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 350 | 4.6290 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 83,266 | 4.6306 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 31,229 | 4.6308 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,751 | 4.6310 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 47,293 | 4.6311 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,944 | 4.6347 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 891 | 4.6260 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,228 | 4.6275 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,840 | 4.6294 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 300 | 4.6300 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,741 | 4.6305 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 78,054 | 4.6306 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,079 | 4.6312 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10,256 | 4.6313 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,617 | 4.6317 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 75,888 | 4.6321 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 66,518 | 4.6325 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 48,046 | 4.6329 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,952 | 4.6343 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,859 | 4.6317 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 13,542 | 4.6244 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 93,755 | 4.6302 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 55,641 | 4.6305 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 6,330 | 4.6306 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 46,147 | 4.6286 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,262 | 4.6290 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 43 | 4.6311 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 14,942 | 4.6354 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 27 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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: | |||||||
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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 | -322,249 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -241,300 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,791 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,580 | 5.3176 | European | 05 Jun 2025 | |
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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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