20th Jun 2025 14:31
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: | 19 Jun 2025 | |||||
(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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| 9,071,761 | 0.34% | 11,443,761 | 0.43% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,216,521 | 0.42% | 7,719,829 | 0.29% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 20,288,282 | 0.76% | 19,163,590 | 0.72% |
(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 |
| securities |
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32 17/19p ordinary | Purchase | 525,915 | 6.1527 GBP | ||||
32 17/19p ordinary | Purchase | 321,637 | 6.1520 GBP | ||||
32 17/19p ordinary | Purchase | 147,209 | 6.1636 GBP | ||||
32 17/19p ordinary | Purchase | 63,162 | 6.1561 GBP | ||||
32 17/19p ordinary | Purchase | 48,059 | 6.1738 GBP | ||||
32 17/19p ordinary | Purchase | 41,542 | 6.1658 GBP | ||||
32 17/19p ordinary | Purchase | 40,167 | 6.1770 GBP | ||||
32 17/19p ordinary | Purchase | 33,376 | 6.1712 GBP | ||||
32 17/19p ordinary | Purchase | 18,939 | 6.1802 GBP | ||||
32 17/19p ordinary | Purchase | 16,428 | 6.1580 GBP | ||||
32 17/19p ordinary | Purchase | 14,680 | 6.1616 GBP | ||||
32 17/19p ordinary | Purchase | 13,584 | 6.1470 GBP | ||||
32 17/19p ordinary | Purchase | 13,208 | 6.1591 GBP | ||||
32 17/19p ordinary | Purchase | 13,157 | 6.1740 GBP | ||||
32 17/19p ordinary | Purchase | 12,772 | 6.1524 GBP | ||||
32 17/19p ordinary | Purchase | 11,214 | 6.1779 GBP | ||||
32 17/19p ordinary | Purchase | 8,310 | 6.1743 GBP | ||||
32 17/19p ordinary | Purchase | 8,025 | 6.1736 GBP | ||||
32 17/19p ordinary | Purchase | 7,350 | 6.1556 GBP | ||||
32 17/19p ordinary | Purchase | 6,655 | 6.1783 GBP | ||||
32 17/19p ordinary | Purchase | 6,635 | 6.1881 GBP | ||||
32 17/19p ordinary | Purchase | 6,111 | 6.1673 GBP | ||||
32 17/19p ordinary | Purchase | 5,825 | 6.1468 GBP | ||||
32 17/19p ordinary | Purchase | 5,372 | 6.1631 GBP | ||||
32 17/19p ordinary | Purchase | 5,335 | 6.1649 GBP | ||||
32 17/19p ordinary | Purchase | 4,970 | 6.1632 GBP | ||||
32 17/19p ordinary | Purchase | 4,925 | 6.1729 GBP | ||||
32 17/19p ordinary | Purchase | 4,888 | 6.1760 GBP | ||||
32 17/19p ordinary | Purchase | 4,534 | 6.1725 GBP | ||||
32 17/19p ordinary | Purchase | 3,913 | 6.1543 GBP | ||||
32 17/19p ordinary | Purchase | 3,789 | 6.1815 GBP | ||||
32 17/19p ordinary | Purchase | 3,449 | 6.1739 GBP | ||||
32 17/19p ordinary | Purchase | 3,361 | 6.1826 GBP | ||||
32 17/19p ordinary | Purchase | 2,970 | 6.1565 GBP | ||||
32 17/19p ordinary | Purchase | 2,902 | 6.1800 GBP | ||||
32 17/19p ordinary | Purchase | 2,858 | 6.1734 GBP | ||||
32 17/19p ordinary | Purchase | 2,501 | 6.1637 GBP | ||||
32 17/19p ordinary | Purchase | 2,415 | 6.1436 GBP | ||||
32 17/19p ordinary | Purchase | 2,347 | 6.1744 GBP | ||||
32 17/19p ordinary | Purchase | 2,282 | 6.1745 GBP | ||||
32 17/19p ordinary | Purchase | 2,044 | 6.1858 GBP | ||||
32 17/19p ordinary | Purchase | 1,920 | 6.1684 GBP | ||||
32 17/19p ordinary | Purchase | 1,547 | 6.1860 GBP | ||||
32 17/19p ordinary | Purchase | 1,500 | 6.1720 GBP | ||||
32 17/19p ordinary | Purchase | 1,405 | 6.1762 GBP | ||||
32 17/19p ordinary | Purchase | 979 | 6.1530 GBP | ||||
32 17/19p ordinary | Purchase | 976 | 6.1605 GBP | ||||
32 17/19p ordinary | Purchase | 944 | 6.1765 GBP | ||||
32 17/19p ordinary | Purchase | 909 | 6.1300 GBP | ||||
32 17/19p ordinary | Purchase | 662 | 6.1660 GBP | ||||
32 17/19p ordinary | Purchase | 568 | 6.1380 GBP | ||||
32 17/19p ordinary | Purchase | 552 | 6.1820 GBP | ||||
32 17/19p ordinary | Purchase | 544 | 6.1260 GBP | ||||
32 17/19p ordinary | Purchase | 543 | 6.1670 GBP | ||||
32 17/19p ordinary | Purchase | 493 | 6.1940 GBP | ||||
32 17/19p ordinary | Purchase | 489 | 6.1680 GBP | ||||
32 17/19p ordinary | Purchase | 473 | 6.1830 GBP | ||||
32 17/19p ordinary | Purchase | 309 | 6.1180 GBP | ||||
32 17/19p ordinary | Purchase | 68 | 6.1340 GBP | ||||
32 17/19p ordinary | Purchase | 61 | 6.1880 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 6.1640 GBP | ||||
32 17/19p ordinary | Sale | 676,152 | 6.1542 GBP | ||||
32 17/19p ordinary | Sale | 455,940 | 6.1520 GBP | ||||
32 17/19p ordinary | Sale | 404,159 | 6.1519 GBP | ||||
32 17/19p ordinary | Sale | 153,225 | 6.1750 GBP | ||||
32 17/19p ordinary | Sale | 134,013 | 6.1754 GBP | ||||
32 17/19p ordinary | Sale | 125,475 | 6.1693 GBP | ||||
32 17/19p ordinary | Sale | 90,470 | 6.1738 GBP | ||||
32 17/19p ordinary | Sale | 90,360 | 6.1635 GBP | ||||
32 17/19p ordinary | Sale | 51,334 | 6.1626 GBP | ||||
32 17/19p ordinary | Sale | 51,087 | 6.1696 GBP | ||||
32 17/19p ordinary | Sale | 49,971 | 6.1743 GBP | ||||
32 17/19p ordinary | Sale | 33,152 | 6.1756 GBP | ||||
32 17/19p ordinary | Sale | 26,133 | 6.1802 GBP | ||||
32 17/19p ordinary | Sale | 21,493 | 6.1633 GBP | ||||
32 17/19p ordinary | Sale | 20,789 | 6.1808 GBP | ||||
32 17/19p ordinary | Sale | 20,414 | 6.1740 GBP | ||||
32 17/19p ordinary | Sale | 18,206 | 6.1824 GBP | ||||
32 17/19p ordinary | Sale | 12,500 | 6.1880 GBP | ||||
32 17/19p ordinary | Sale | 10,548 | 6.1712 GBP | ||||
32 17/19p ordinary | Sale | 8,366 | 6.1846 GBP | ||||
32 17/19p ordinary | Sale | 4,727 | 6.1613 GBP | ||||
32 17/19p ordinary | Sale | 4,683 | 6.1839 GBP | ||||
32 17/19p ordinary | Sale | 4,682 | 6.1793 GBP | ||||
32 17/19p ordinary | Sale | 4,648 | 6.1760 GBP | ||||
32 17/19p ordinary | Sale | 4,356 | 6.1741 GBP | ||||
32 17/19p ordinary | Sale | 4,271 | 6.1752 GBP | ||||
32 17/19p ordinary | Sale | 4,186 | 6.1655 GBP | ||||
32 17/19p ordinary | Sale | 3,928 | 6.1890 GBP | ||||
32 17/19p ordinary | Sale | 3,326 | 6.1523 GBP | ||||
32 17/19p ordinary | Sale | 3,163 | 6.1320 GBP | ||||
32 17/19p ordinary | Sale | 2,887 | 6.1673 GBP | ||||
32 17/19p ordinary | Sale | 2,725 | 6.1507 GBP | ||||
32 17/19p ordinary | Sale | 2,009 | 6.1429 GBP | ||||
32 17/19p ordinary | Sale | 1,617 | 6.1607 GBP | ||||
32 17/19p ordinary | Sale | 1,547 | 6.1860 GBP | ||||
32 17/19p ordinary | Sale | 743 | 6.1253 GBP | ||||
32 17/19p ordinary | Sale | 641 | 6.1480 GBP | ||||
32 17/19p ordinary | Sale | 544 | 6.1260 GBP | ||||
32 17/19p ordinary | Sale | 493 | 6.1940 GBP | ||||
32 17/19p ordinary | Sale | 480 | 6.1726 GBP | ||||
32 17/19p ordinary | Sale | 480 | 6.1720 GBP | ||||
32 17/19p ordinary | Sale | 398 | 6.1510 GBP | ||||
32 17/19p ordinary | Sale | 200 | 6.1820 GBP | ||||
32 17/19p ordinary | Sale | 39 | 6.1575 GBP | ||||
32 17/19p ordinary | Sale | 31 | 6.1511 GBP | ||||
32 17/19p ordinary | Sale | 3 | 6.1640 GBP | ||||
32 17/19p ordinary | Sale | 1 | 6.1800 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 | 743 | 6.1253 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 154 | 6.1382 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,725 | 6.1507 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 398 | 6.1510 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 407,972 | 6.1519 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 665,887 | 6.1520 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 106,897 | 6.1530 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,981 | 6.1547 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,091 | 6.1567 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,050 | 6.1600 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,727 | 6.1613 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 103,199 | 6.1621 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,811 | 6.1626 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 31,050 | 6.1642 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 249 | 6.1672 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,468 | 6.1718 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,701 | 6.1720 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 90,470 | 6.1738 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,356 | 6.1741 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,971 | 6.1743 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 182,400 | 6.1754 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,152 | 6.1756 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 110,707 | 6.1783 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,133 | 6.1802 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,206 | 6.1824 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 254 | 6.1859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,500 | 6.1880 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,415 | 6.1436 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,825 | 6.1468 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 161,188 | 6.1520 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,020 | 6.1522 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 354,209 | 6.1523 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,772 | 6.1524 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 81,669 | 6.1541 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,662 | 6.1543 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,428 | 6.1580 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 976 | 6.1605 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 41,542 | 6.1658 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,845 | 6.1684 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 39,854 | 6.1738 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 823 | 6.1776 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,939 | 6.1802 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,361 | 6.1826 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 200 | 6.1839 GBP | |||
32 17/19p ordinary | SWAP | Opening Short | 200 | 6.1790 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 6,544 | 6.1547 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 69,067 | 6.1652 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 30,362 | 6.1666 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 5,307 | 6.1524 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 100,000 | 6.1638 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? | NO | ||||||
Date of disclosure: | 20 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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