10th Dec 2024 12:46
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: | 09 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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| 17,937,670 | 0.67% | 14,254,663 | 0.53% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 2,441,361 | 0.09% | 15,686,988 | 0.59% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,099,486 | 0.04% |
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| TOTAL: |
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| 20,379,031 | 0.76% | 31,041,137 | 1.16% |
(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 | 5,173,337 | 4.8480 GBP | ||||
32 17/19p ordinary | Purchase | 4,748,000 | 4.0167 GBP | ||||
32 17/19p ordinary | Purchase | 938,976 | 4.8330 GBP | ||||
32 17/19p ordinary | Purchase | 172,389 | 4.8298 GBP | ||||
32 17/19p ordinary | Purchase | 161,323 | 4.8332 GBP | ||||
32 17/19p ordinary | Purchase | 157,992 | 4.8326 GBP | ||||
32 17/19p ordinary | Purchase | 64,379 | 4.8334 GBP | ||||
32 17/19p ordinary | Purchase | 61,051 | 4.8238 GBP | ||||
32 17/19p ordinary | Purchase | 49,240 | 4.8280 GBP | ||||
32 17/19p ordinary | Purchase | 48,607 | 4.8274 GBP | ||||
32 17/19p ordinary | Purchase | 40,335 | 4.8389 GBP | ||||
32 17/19p ordinary | Purchase | 36,639 | 4.8268 GBP | ||||
32 17/19p ordinary | Purchase | 33,894 | 4.8307 GBP | ||||
32 17/19p ordinary | Purchase | 30,680 | 4.8340 GBP | ||||
32 17/19p ordinary | Purchase | 21,621 | 4.8267 GBP | ||||
32 17/19p ordinary | Purchase | 20,700 | 4.8246 GBP | ||||
32 17/19p ordinary | Purchase | 16,968 | 4.8343 GBP | ||||
32 17/19p ordinary | Purchase | 11,599 | 4.8177 GBP | ||||
32 17/19p ordinary | Purchase | 11,219 | 4.8243 GBP | ||||
32 17/19p ordinary | Purchase | 10,517 | 4.8206 GBP | ||||
32 17/19p ordinary | Purchase | 8,143 | 4.8229 GBP | ||||
32 17/19p ordinary | Purchase | 7,703 | 4.8362 GBP | ||||
32 17/19p ordinary | Purchase | 7,554 | 4.8315 GBP | ||||
32 17/19p ordinary | Purchase | 6,945 | 4.8237 GBP | ||||
32 17/19p ordinary | Purchase | 6,921 | 4.8287 GBP | ||||
32 17/19p ordinary | Purchase | 6,327 | 4.8306 GBP | ||||
32 17/19p ordinary | Purchase | 5,952 | 4.8222 GBP | ||||
32 17/19p ordinary | Purchase | 4,797 | 4.8225 GBP | ||||
32 17/19p ordinary | Purchase | 3,960 | 4.8328 GBP | ||||
32 17/19p ordinary | Purchase | 3,515 | 4.8214 GBP | ||||
32 17/19p ordinary | Purchase | 3,201 | 4.8314 GBP | ||||
32 17/19p ordinary | Purchase | 3,052 | 4.8430 GBP | ||||
32 17/19p ordinary | Purchase | 3,026 | 4.8420 GBP | ||||
32 17/19p ordinary | Purchase | 2,910 | 4.8131 GBP | ||||
32 17/19p ordinary | Purchase | 2,630 | 4.8360 GBP | ||||
32 17/19p ordinary | Purchase | 2,613 | 4.8367 GBP | ||||
32 17/19p ordinary | Purchase | 2,131 | 4.8302 GBP | ||||
32 17/19p ordinary | Purchase | 2,022 | 4.8148 GBP | ||||
32 17/19p ordinary | Purchase | 1,978 | 4.8320 GBP | ||||
32 17/19p ordinary | Purchase | 1,678 | 4.8404 GBP | ||||
32 17/19p ordinary | Purchase | 1,573 | 4.8450 GBP | ||||
32 17/19p ordinary | Purchase | 1,518 | 4.8310 GBP | ||||
ADR | Purchase | 1,326 | 12.5300 USD | ||||
32 17/19p ordinary | Purchase | 1,245 | 4.8278 GBP | ||||
32 17/19p ordinary | Purchase | 1,231 | 4.8352 GBP | ||||
32 17/19p ordinary | Purchase | 1,224 | 4.8137 GBP | ||||
32 17/19p ordinary | Purchase | 981 | 4.8410 GBP | ||||
32 17/19p ordinary | Purchase | 879 | 4.8220 GBP | ||||
32 17/19p ordinary | Purchase | 664 | 4.8190 GBP | ||||
32 17/19p ordinary | Purchase | 623 | 4.8170 GBP | ||||
32 17/19p ordinary | Purchase | 615 | 4.8060 GBP | ||||
32 17/19p ordinary | Purchase | 567 | 4.8279 GBP | ||||
32 17/19p ordinary | Purchase | 333 | 4.8240 GBP | ||||
32 17/19p ordinary | Purchase | 322 | 4.8270 GBP | ||||
32 17/19p ordinary | Purchase | 133 | 4.8460 GBP | ||||
32 17/19p ordinary | Purchase | 59 | 4.8260 GBP | ||||
32 17/19p ordinary | Sale | 786,386 | 4.8330 GBP | ||||
32 17/19p ordinary | Sale | 115,033 | 4.8320 GBP | ||||
32 17/19p ordinary | Sale | 81,068 | 4.8323 GBP | ||||
32 17/19p ordinary | Sale | 58,111 | 4.8340 GBP | ||||
32 17/19p ordinary | Sale | 57,062 | 4.8314 GBP | ||||
32 17/19p ordinary | Sale | 44,857 | 4.8329 GBP | ||||
32 17/19p ordinary | Sale | 40,074 | 4.8333 GBP | ||||
32 17/19p ordinary | Sale | 39,113 | 4.8307 GBP | ||||
32 17/19p ordinary | Sale | 35,933 | 4.8239 GBP | ||||
32 17/19p ordinary | Sale | 18,947 | 4.8326 GBP | ||||
32 17/19p ordinary | Sale | 17,134 | 4.8331 GBP | ||||
32 17/19p ordinary | Sale | 16,020 | 4.8319 GBP | ||||
32 17/19p ordinary | Sale | 14,498 | 4.8312 GBP | ||||
32 17/19p ordinary | Sale | 14,421 | 4.8436 GBP | ||||
32 17/19p ordinary | Sale | 8,374 | 4.8361 GBP | ||||
32 17/19p ordinary | Sale | 7,110 | 4.8221 GBP | ||||
32 17/19p ordinary | Sale | 7,009 | 4.8358 GBP | ||||
32 17/19p ordinary | Sale | 6,873 | 4.8286 GBP | ||||
32 17/19p ordinary | Sale | 4,878 | 4.8270 GBP | ||||
32 17/19p ordinary | Sale | 4,276 | 4.8420 GBP | ||||
32 17/19p ordinary | Sale | 4,162 | 4.8336 GBP | ||||
32 17/19p ordinary | Sale | 4,100 | 4.8375 GBP | ||||
32 17/19p ordinary | Sale | 3,769 | 4.8430 GBP | ||||
32 17/19p ordinary | Sale | 3,583 | 4.8332 GBP | ||||
32 17/19p ordinary | Sale | 3,306 | 4.8310 GBP | ||||
32 17/19p ordinary | Sale | 3,279 | 4.8354 GBP | ||||
32 17/19p ordinary | Sale | 3,000 | 4.8335 GBP | ||||
32 17/19p ordinary | Sale | 2,969 | 4.8265 GBP | ||||
32 17/19p ordinary | Sale | 2,920 | 4.8365 GBP | ||||
32 17/19p ordinary | Sale | 2,647 | 4.8253 GBP | ||||
32 17/19p ordinary | Sale | 2,527 | 4.8360 GBP | ||||
32 17/19p ordinary | Sale | 2,300 | 4.8405 GBP | ||||
32 17/19p ordinary | Sale | 2,200 | 4.8385 GBP | ||||
32 17/19p ordinary | Sale | 2,200 | 4.8274 GBP | ||||
32 17/19p ordinary | Sale | 2,026 | 4.8355 GBP | ||||
32 17/19p ordinary | Sale | 1,965 | 4.8322 GBP | ||||
32 17/19p ordinary | Sale | 1,896 | 4.8293 GBP | ||||
32 17/19p ordinary | Sale | 1,823 | 4.8300 GBP | ||||
32 17/19p ordinary | Sale | 1,732 | 4.8428 GBP | ||||
32 17/19p ordinary | Sale | 1,716 | 4.8304 GBP | ||||
32 17/19p ordinary | Sale | 1,700 | 4.8255 GBP | ||||
32 17/19p ordinary | Sale | 1,573 | 4.8450 GBP | ||||
32 17/19p ordinary | Sale | 1,500 | 4.8295 GBP | ||||
ADR | Sale | 1,326 | 12.5300 USD | ||||
32 17/19p ordinary | Sale | 1,231 | 4.8352 GBP | ||||
32 17/19p ordinary | Sale | 856 | 4.8369 GBP | ||||
32 17/19p ordinary | Sale | 835 | 4.8236 GBP | ||||
32 17/19p ordinary | Sale | 824 | 4.8447 GBP | ||||
32 17/19p ordinary | Sale | 726 | 4.8400 GBP | ||||
32 17/19p ordinary | Sale | 716 | 4.8345 GBP | ||||
32 17/19p ordinary | Sale | 690 | 4.8316 GBP | ||||
32 17/19p ordinary | Sale | 675 | 4.8288 GBP | ||||
32 17/19p ordinary | Sale | 664 | 4.8190 GBP | ||||
32 17/19p ordinary | Sale | 623 | 4.8170 GBP | ||||
32 17/19p ordinary | Sale | 615 | 4.8060 GBP | ||||
32 17/19p ordinary | Sale | 484 | 4.8370 GBP | ||||
32 17/19p ordinary | Sale | 333 | 4.8240 GBP | ||||
32 17/19p ordinary | Sale | 295 | 4.8280 GBP | ||||
32 17/19p ordinary | Sale | 133 | 4.8460 GBP | ||||
32 17/19p ordinary | Sale | 54 | 4.8260 GBP | ||||
32 17/19p ordinary | Sale | 19 | 4.8480 GBP | ||||
32 17/19p ordinary | Sale | 11 | 4.8356 GBP | ||||
32 17/19p ordinary | Sale | 1 | 4.8301 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 Long | 26,028 | 4.8325 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,110 | 4.8221 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 835 | 4.8236 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,335 | 4.8239 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,700 | 4.8255 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,969 | 4.8265 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,520 | 4.8269 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,200 | 4.8274 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,500 | 4.8295 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 363 | 4.8300 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 762 | 4.8307 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,993 | 4.8310 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,671 | 4.8312 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,593 | 4.8317 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,008 | 4.8319 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,356 | 4.8320 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,947 | 4.8326 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 44,857 | 4.8329 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,583 | 4.8332 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 83,385 | 4.8333 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,000 | 4.8335 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 58,111 | 4.8340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 716 | 4.8345 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 147 | 4.8363 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 856 | 4.8370 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,100 | 4.8375 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,200 | 4.8385 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,844 | 4.8397 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,300 | 4.8405 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 270 | 4.8480 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 817 | 4.8090 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,761 | 4.8176 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,900 | 4.8220 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,407 | 4.8222 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,545 | 4.8223 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,797 | 4.8225 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,143 | 4.8229 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,945 | 4.8237 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 61,051 | 4.8238 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 42 | 4.8240 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 265 | 4.8241 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26 | 4.8242 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,219 | 4.8243 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,700 | 4.8246 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 28,714 | 4.8262 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,639 | 4.8268 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 75,442 | 4.8274 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 172,611 | 4.8298 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,152 | 4.8315 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,978 | 4.8320 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,747 | 4.8323 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,507 | 4.8329 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 67,982 | 4.8330 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 154,024 | 4.8332 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 64,379 | 4.8333 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 155 | 4.8340 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,724 | 4.8377 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 395 | 4.8392 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 8,071 | 4.8160 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 21,598 | 4.8239 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 54,748 | 4.8311 GBP | |||
32 17/19p ordinary | CFD | Opening Long | 762,527 | 4.8330 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 926 | 4.8436 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 10,574 | 4.8113 GBP | |||
32 17/19p ordinary | CFD | Opening Short | 838,735 | 4.8330 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 16,968 | 4.8343 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 6,091 | 4.8373 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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(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: | 10 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 | -322,245 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -310,556 | 4.5547 | European | 23 Dec 2024 | |
32 17/19p ordinary | Call Options | Written | -241,321 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,788 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,576 | 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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Related Shares:
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