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Form 8.3 AVIVA PLC

11th Apr 2025 15:15

RNS Number : 7623E
Barclays PLC
11 April 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 relevant securities this form relates:

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:

10 Apr 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?

YES: 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:

13,104,707

0.49%

18,419,157

0.69%

(2) Cash-settled derivatives:

17,693,658

0.66%

10,372,401

0.39%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

225,373

0.01%

TOTAL: 

30,798,365

1.15%

29,016,931

1.08%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

32 17/19p ordinary

Purchase

438,845

5.0777 GBP

32 17/19p ordinary

Purchase

358,059

5.0014 GBP

32 17/19p ordinary

Purchase

300,056

5.0268 GBP

32 17/19p ordinary

Purchase

243,352

5.0440 GBP

32 17/19p ordinary

Purchase

208,595

4.9773 GBP

32 17/19p ordinary

Purchase

200,000

4.9860 GBP

32 17/19p ordinary

Purchase

169,316

4.9978 GBP

32 17/19p ordinary

Purchase

70,975

4.9848 GBP

32 17/19p ordinary

Purchase

65,044

4.9631 GBP

32 17/19p ordinary

Purchase

63,607

5.0024 GBP

32 17/19p ordinary

Purchase

61,773

4.9734 GBP

32 17/19p ordinary

Purchase

60,581

4.9641 GBP

32 17/19p ordinary

Purchase

50,482

5.0126 GBP

32 17/19p ordinary

Purchase

42,874

4.9936 GBP

32 17/19p ordinary

Purchase

32,418

4.9632 GBP

32 17/19p ordinary

Purchase

25,892

4.9869 GBP

32 17/19p ordinary

Purchase

25,388

4.9630 GBP

32 17/19p ordinary

Purchase

24,396

5.0106 GBP

32 17/19p ordinary

Purchase

21,063

4.9720 GBP

32 17/19p ordinary

Purchase

19,679

5.0118 GBP

32 17/19p ordinary

Purchase

18,294

5.0012 GBP

32 17/19p ordinary

Purchase

17,615

5.0581 GBP

32 17/19p ordinary

Purchase

10,851

4.9888 GBP

32 17/19p ordinary

Purchase

10,219

4.9949 GBP

32 17/19p ordinary

Purchase

9,803

5.0013 GBP

32 17/19p ordinary

Purchase

9,608

4.9925 GBP

32 17/19p ordinary

Purchase

8,991

4.9611 GBP

32 17/19p ordinary

Purchase

8,491

4.9810 GBP

32 17/19p ordinary

Purchase

6,469

4.9637 GBP

32 17/19p ordinary

Purchase

5,218

4.9873 GBP

32 17/19p ordinary

Purchase

5,190

5.0399 GBP

32 17/19p ordinary

Purchase

4,853

5.0109 GBP

32 17/19p ordinary

Purchase

4,784

4.9639 GBP

ADR

Purchase

3,686

13.5613 USD

32 17/19p ordinary

Purchase

2,762

5.0016 GBP

32 17/19p ordinary

Purchase

2,576

5.0415 GBP

32 17/19p ordinary

Purchase

1,643

4.9731 GBP

32 17/19p ordinary

Purchase

1,632

4.9826 GBP

32 17/19p ordinary

Purchase

1,520

4.9654 GBP

ADR

Purchase

1,254

13.6392 USD

32 17/19p ordinary

Purchase

1,154

4.9840 GBP

32 17/19p ordinary

Purchase

1,132

4.9944 GBP

32 17/19p ordinary

Purchase

1,035

5.0130 GBP

32 17/19p ordinary

Purchase

1,028

5.0004 GBP

32 17/19p ordinary

Purchase

729

4.9650 GBP

32 17/19p ordinary

Purchase

650

4.9580 GBP

32 17/19p ordinary

Purchase

619

5.0020 GBP

32 17/19p ordinary

Purchase

543

4.9740 GBP

32 17/19p ordinary

Purchase

485

4.9682 GBP

32 17/19p ordinary

Purchase

405

4.9660 GBP

32 17/19p ordinary

Purchase

351

4.9829 GBP

32 17/19p ordinary

Purchase

267

4.9642 GBP

32 17/19p ordinary

Purchase

158

5.0220 GBP

32 17/19p ordinary

Purchase

150

5.0160 GBP

32 17/19p ordinary

Purchase

144

4.9600 GBP

32 17/19p ordinary

Purchase

68

4.9935 GBP

32 17/19p ordinary

Purchase

61

4.9614 GBP

32 17/19p ordinary

Purchase

52

4.9620 GBP

32 17/19p ordinary

Purchase

30

5.0060 GBP

32 17/19p ordinary

Purchase

5

4.9640 GBP

32 17/19p ordinary

Sale

653,535

5.0530 GBP

32 17/19p ordinary

Sale

409,251

4.9630 GBP

32 17/19p ordinary

Sale

404,306

4.9745 GBP

32 17/19p ordinary

Sale

230,199

5.0498 GBP

32 17/19p ordinary

Sale

220,209

4.9980 GBP

32 17/19p ordinary

Sale

164,092

4.9996 GBP

32 17/19p ordinary

Sale

105,693

5.0004 GBP

32 17/19p ordinary

Sale

104,074

5.0522 GBP

32 17/19p ordinary

Sale

98,478

5.0517 GBP

32 17/19p ordinary

Sale

78,228

4.9841 GBP

32 17/19p ordinary

Sale

69,008

5.0129 GBP

32 17/19p ordinary

Sale

68,615

5.1251 GBP

32 17/19p ordinary

Sale

66,485

4.9875 GBP

32 17/19p ordinary

Sale

54,697

4.9936 GBP

32 17/19p ordinary

Sale

54,697

4.9737 GBP

32 17/19p ordinary

Sale

52,730

4.9620 GBP

32 17/19p ordinary

Sale

47,346

4.9965 GBP

32 17/19p ordinary

Sale

33,235

4.9871 GBP

32 17/19p ordinary

Sale

32,724

4.9797 GBP

32 17/19p ordinary

Sale

31,145

5.0944 GBP

32 17/19p ordinary

Sale

18,704

5.0043 GBP

32 17/19p ordinary

Sale

17,080

4.9796 GBP

32 17/19p ordinary

Sale

16,745

4.9931 GBP

32 17/19p ordinary

Sale

12,054

5.0133 GBP

32 17/19p ordinary

Sale

11,499

5.0165 GBP

32 17/19p ordinary

Sale

7,264

5.1044 GBP

32 17/19p ordinary

Sale

6,952

5.1360 GBP

32 17/19p ordinary

Sale

5,623

5.0678 GBP

32 17/19p ordinary

Sale

4,629

4.9670 GBP

32 17/19p ordinary

Sale

4,406

4.9849 GBP

ADR

Sale

3,686

13.5613 USD

32 17/19p ordinary

Sale

2,500

5.0100 GBP

32 17/19p ordinary

Sale

2,145

5.0120 GBP

32 17/19p ordinary

Sale

1,696

4.9906 GBP

32 17/19p ordinary

Sale

1,595

4.9895 GBP

32 17/19p ordinary

Sale

1,326

4.9626 GBP

ADR

Sale

1,254

13.6392 USD

32 17/19p ordinary

Sale

1,185

4.9920 GBP

32 17/19p ordinary

Sale

1,160

5.0349 GBP

32 17/19p ordinary

Sale

1,111

4.9701 GBP

32 17/19p ordinary

Sale

1,021

5.0070 GBP

32 17/19p ordinary

Sale

768

5.1239 GBP

32 17/19p ordinary

Sale

729

4.9650 GBP

32 17/19p ordinary

Sale

650

4.9580 GBP

32 17/19p ordinary

Sale

650

4.9581 GBP

32 17/19p ordinary

Sale

630

4.9720 GBP

32 17/19p ordinary

Sale

598

4.9800 GBP

32 17/19p ordinary

Sale

568

5.0520 GBP

32 17/19p ordinary

Sale

534

5.0700 GBP

32 17/19p ordinary

Sale

405

4.9660 GBP

32 17/19p ordinary

Sale

386

5.0360 GBP

32 17/19p ordinary

Sale

296

5.0720 GBP

32 17/19p ordinary

Sale

148

4.9640 GBP

32 17/19p ordinary

Sale

148

4.9850 GBP

32 17/19p ordinary

Sale

138

4.9805 GBP

32 17/19p ordinary

Sale

27

4.9795 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

32 17/19p ordinary

SWAP

Decreasing Short

52,730

4.9620 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,326

4.9626 GBP

32 17/19p ordinary

SWAP

Decreasing Short

51,518

4.9627 GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,634

4.9630 GBP

32 17/19p ordinary

SWAP

Decreasing Short

28,065

4.9750 GBP

32 17/19p ordinary

SWAP

Decreasing Short

138

4.9805 GBP

32 17/19p ordinary

SWAP

Decreasing Short

67,824

4.9933 GBP

32 17/19p ordinary

SWAP

Decreasing Short

24,664

4.9952 GBP

32 17/19p ordinary

SWAP

Decreasing Short

158

4.9973 GBP

32 17/19p ordinary

SWAP

Decreasing Short

241

4.9976 GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,942

4.9979 GBP

32 17/19p ordinary

SWAP

Decreasing Short

64,298

4.9996 GBP

32 17/19p ordinary

SWAP

Decreasing Short

105,693

5.0004 GBP

32 17/19p ordinary

SWAP

Decreasing Short

28,673

5.0144 GBP

32 17/19p ordinary

SWAP

Decreasing Short

11,499

5.0165 GBP

32 17/19p ordinary

SWAP

Decreasing Short

230,199

5.0498 GBP

32 17/19p ordinary

SWAP

Decreasing Short

104,074

5.0522 GBP

32 17/19p ordinary

SWAP

Decreasing Short

23,301

5.0684 GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,104

5.1036 GBP

32 17/19p ordinary

SWAP

Decreasing Short

768

5.1239 GBP

32 17/19p ordinary

SWAP

Decreasing Short

43,511

5.1375 GBP

32 17/19p ordinary

SWAP

Increasing Short

144

4.9600 GBP

32 17/19p ordinary

SWAP

Increasing Short

8,991

4.9611 GBP

32 17/19p ordinary

SWAP

Increasing Short

61

4.9614 GBP

32 17/19p ordinary

SWAP

Increasing Short

14,123

4.9630 GBP

32 17/19p ordinary

SWAP

Increasing Short

65,044

4.9631 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,469

4.9637 GBP

32 17/19p ordinary

SWAP

Increasing Short

4,784

4.9639 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,414

4.9640 GBP

32 17/19p ordinary

SWAP

Increasing Short

51,439

4.9641 GBP

32 17/19p ordinary

SWAP

Increasing Short

724

4.9651 GBP

32 17/19p ordinary

SWAP

Increasing Short

5

4.9660 GBP

32 17/19p ordinary

SWAP

Increasing Short

138,325

4.9671 GBP

32 17/19p ordinary

SWAP

Increasing Short

28,629

4.9715 GBP

32 17/19p ordinary

SWAP

Increasing Short

18,011

4.9720 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,643

4.9731 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,995

4.9736 GBP

32 17/19p ordinary

SWAP

Increasing Short

29,149

4.9752 GBP

32 17/19p ordinary

SWAP

Increasing Short

18,182

4.9812 GBP

32 17/19p ordinary

SWAP

Increasing Short

60,715

4.9825 GBP

32 17/19p ordinary

SWAP

Increasing Short

200,000

4.9860 GBP

32 17/19p ordinary

SWAP

Increasing Short

68

4.9934 GBP

32 17/19p ordinary

SWAP

Increasing Short

8,864

4.9950 GBP

32 17/19p ordinary

SWAP

Increasing Short

30,749

4.9996 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,208

5.0012 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,803

5.0013 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,447

5.0014 GBP

32 17/19p ordinary

SWAP

Increasing Short

2,762

5.0016 GBP

32 17/19p ordinary

SWAP

Increasing Short

619

5.0020 GBP

32 17/19p ordinary

SWAP

Increasing Short

24,396

5.0106 GBP

32 17/19p ordinary

SWAP

Increasing Short

50,482

5.0126 GBP

32 17/19p ordinary

SWAP

Increasing Short

300,056

5.0268 GBP

32 17/19p ordinary

SWAP

Increasing Short

76,130

5.0312 GBP

32 17/19p ordinary

SWAP

Increasing Short

131,133

5.0345 GBP

32 17/19p ordinary

SWAP

Increasing Short

243,352

5.0440 GBP

32 17/19p ordinary

SWAP

Increasing Short

750

5.0998 GBP

32 17/19p ordinary

SWAP

Decreasing Long

505

5.1165 GBP

32 17/19p ordinary

CFD

Increasing Long

459

4.9626 GBP

32 17/19p ordinary

CFD

Increasing Long

11,856

4.9630 GBP

32 17/19p ordinary

CFD

Increasing Long

7,473

4.9650 GBP

32 17/19p ordinary

CFD

Increasing Long

190,780

4.9710 GBP

32 17/19p ordinary

CFD

Increasing Long

659

5.0882 GBP

32 17/19p ordinary

CFD

Increasing Long

56,726

5.0940 GBP

32 17/19p ordinary

CFD

Increasing Long

667

5.1091 GBP

32 17/19p ordinary

CFD

Increasing Long

918

5.1355 GBP

32 17/19p ordinary

CFD

Decreasing Long

200

4.9603 GBP

32 17/19p ordinary

CFD

Decreasing Long

918

4.9784 GBP

32 17/19p ordinary

CFD

Decreasing Long

103,733

4.9859 GBP

32 17/19p ordinary

CFD

Decreasing Long

122,123

5.0022 GBP

32 17/19p ordinary

CFD

Decreasing Long

459

5.1363 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

Option money paid/ received per unit

(ii)

Exercising

 

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

11 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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 are being disclosed:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities this from relates:

AVIVA PLC

 

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

-120,790

5.3305

European

06-Jun-25

32 17/19p ordinary

Call Options

Written

-104,583

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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