23rd Apr 2025 14:47
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: | 22 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: | 12,776,557 | 0.48% | 15,640,456 | 0.58% | |||
(2) Cash-settled derivatives: | 14,600,115 | 0.55% | 10,532,089 | 0.39% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 225,363 | 0.01% | |||
TOTAL: | 27,376,672 | 1.02% | 26,397,908 | 0.99% | |||
(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 | 389,129 | 5.3454 GBP | ||||
32 17/19p ordinary | Purchase | 324,788 | 5.3820 GBP | ||||
32 17/19p ordinary | Purchase | 185,261 | 5.3801 GBP | ||||
32 17/19p ordinary | Purchase | 94,374 | 5.3719 GBP | ||||
32 17/19p ordinary | Purchase | 46,923 | 5.3282 GBP | ||||
32 17/19p ordinary | Purchase | 42,534 | 5.3716 GBP | ||||
32 17/19p ordinary | Purchase | 36,850 | 5.3269 GBP | ||||
32 17/19p ordinary | Purchase | 30,499 | 5.2602 GBP | ||||
32 17/19p ordinary | Purchase | 29,794 | 5.3452 GBP | ||||
32 17/19p ordinary | Purchase | 24,013 | 5.3823 GBP | ||||
32 17/19p ordinary | Purchase | 20,440 | 5.2879 GBP | ||||
32 17/19p ordinary | Purchase | 19,106 | 5.2914 GBP | ||||
32 17/19p ordinary | Purchase | 15,600 | 5.3480 GBP | ||||
32 17/19p ordinary | Purchase | 10,579 | 5.3811 GBP | ||||
32 17/19p ordinary | Purchase | 8,400 | 5.3609 GBP | ||||
32 17/19p ordinary | Purchase | 8,237 | 5.3387 GBP | ||||
32 17/19p ordinary | Purchase | 7,806 | 5.3481 GBP | ||||
32 17/19p ordinary | Purchase | 7,367 | 5.3688 GBP | ||||
32 17/19p ordinary | Purchase | 6,894 | 5.3675 GBP | ||||
32 17/19p ordinary | Purchase | 6,642 | 5.3360 GBP | ||||
32 17/19p ordinary | Purchase | 6,584 | 5.3380 GBP | ||||
32 17/19p ordinary | Purchase | 6,004 | 5.3747 GBP | ||||
32 17/19p ordinary | Purchase | 5,491 | 5.3640 GBP | ||||
32 17/19p ordinary | Purchase | 5,399 | 5.2944 GBP | ||||
32 17/19p ordinary | Purchase | 5,397 | 5.3557 GBP | ||||
32 17/19p ordinary | Purchase | 4,821 | 5.3431 GBP | ||||
32 17/19p ordinary | Purchase | 4,593 | 5.3828 GBP | ||||
32 17/19p ordinary | Purchase | 4,584 | 5.3679 GBP | ||||
32 17/19p ordinary | Purchase | 4,104 | 5.3748 GBP | ||||
ADR | Purchase | 3,802 | 14.4999 USD | ||||
32 17/19p ordinary | Purchase | 3,493 | 5.3460 GBP | ||||
32 17/19p ordinary | Purchase | 3,360 | 5.3638 GBP | ||||
32 17/19p ordinary | Purchase | 3,276 | 5.3689 GBP | ||||
32 17/19p ordinary | Purchase | 3,260 | 5.3592 GBP | ||||
32 17/19p ordinary | Purchase | 2,726 | 5.3642 GBP | ||||
32 17/19p ordinary | Purchase | 2,697 | 5.3505 GBP | ||||
32 17/19p ordinary | Purchase | 2,560 | 5.3617 GBP | ||||
32 17/19p ordinary | Purchase | 2,411 | 5.3700 GBP | ||||
32 17/19p ordinary | Purchase | 2,405 | 5.3581 GBP | ||||
32 17/19p ordinary | Purchase | 2,300 | 5.3388 GBP | ||||
32 17/19p ordinary | Purchase | 2,023 | 5.3645 GBP | ||||
32 17/19p ordinary | Purchase | 1,970 | 5.2534 GBP | ||||
32 17/19p ordinary | Purchase | 1,965 | 5.3732 GBP | ||||
32 17/19p ordinary | Purchase | 1,722 | 5.3082 GBP | ||||
32 17/19p ordinary | Purchase | 1,637 | 5.3623 GBP | ||||
32 17/19p ordinary | Purchase | 1,365 | 5.3521 GBP | ||||
32 17/19p ordinary | Purchase | 1,244 | 5.3520 GBP | ||||
32 17/19p ordinary | Purchase | 1,165 | 5.3596 GBP | ||||
32 17/19p ordinary | Purchase | 1,148 | 5.3440 GBP | ||||
32 17/19p ordinary | Purchase | 1,088 | 5.3580 GBP | ||||
ADR | Purchase | 1,060 | 14.5600 USD | ||||
32 17/19p ordinary | Purchase | 860 | 5.3660 GBP | ||||
32 17/19p ordinary | Purchase | 823 | 5.2960 GBP | ||||
32 17/19p ordinary | Purchase | 367 | 5.2660 GBP | ||||
32 17/19p ordinary | Purchase | 342 | 5.2920 GBP | ||||
32 17/19p ordinary | Purchase | 251 | 5.3500 GBP | ||||
32 17/19p ordinary | Purchase | 235 | 5.2580 GBP | ||||
32 17/19p ordinary | Purchase | 232 | 5.3740 GBP | ||||
32 17/19p ordinary | Purchase | 179 | 5.2840 GBP | ||||
32 17/19p ordinary | Purchase | 101 | 5.2800 GBP | ||||
32 17/19p ordinary | Purchase | 59 | 5.2940 GBP | ||||
32 17/19p ordinary | Purchase | 28 | 5.2680 GBP | ||||
32 17/19p ordinary | Purchase | 9 | 5.3720 GBP | ||||
32 17/19p ordinary | Sale | 959,088 | 5.3770 GBP | ||||
32 17/19p ordinary | Sale | 320,324 | 5.3820 GBP | ||||
32 17/19p ordinary | Sale | 240,236 | 5.3795 GBP | ||||
32 17/19p ordinary | Sale | 225,478 | 5.3700 GBP | ||||
32 17/19p ordinary | Sale | 147,910 | 5.3542 GBP | ||||
32 17/19p ordinary | Sale | 135,802 | 5.3510 GBP | ||||
32 17/19p ordinary | Sale | 127,685 | 5.3184 GBP | ||||
32 17/19p ordinary | Sale | 91,630 | 5.3572 GBP | ||||
32 17/19p ordinary | Sale | 72,435 | 5.3641 GBP | ||||
32 17/19p ordinary | Sale | 57,094 | 5.3629 GBP | ||||
32 17/19p ordinary | Sale | 54,140 | 5.3534 GBP | ||||
32 17/19p ordinary | Sale | 45,669 | 5.3819 GBP | ||||
32 17/19p ordinary | Sale | 38,739 | 5.3335 GBP | ||||
32 17/19p ordinary | Sale | 33,602 | 5.3577 GBP | ||||
32 17/19p ordinary | Sale | 23,364 | 5.3486 GBP | ||||
32 17/19p ordinary | Sale | 22,228 | 5.2610 GBP | ||||
32 17/19p ordinary | Sale | 19,088 | 5.3562 GBP | ||||
32 17/19p ordinary | Sale | 15,810 | 5.3811 GBP | ||||
32 17/19p ordinary | Sale | 15,670 | 5.3514 GBP | ||||
32 17/19p ordinary | Sale | 15,118 | 5.3546 GBP | ||||
32 17/19p ordinary | Sale | 14,588 | 5.3324 GBP | ||||
32 17/19p ordinary | Sale | 14,437 | 5.3527 GBP | ||||
32 17/19p ordinary | Sale | 12,428 | 5.3215 GBP | ||||
32 17/19p ordinary | Sale | 12,278 | 5.3564 GBP | ||||
32 17/19p ordinary | Sale | 11,162 | 5.3511 GBP | ||||
32 17/19p ordinary | Sale | 8,700 | 5.3521 GBP | ||||
32 17/19p ordinary | Sale | 7,183 | 5.2673 GBP | ||||
32 17/19p ordinary | Sale | 6,026 | 5.3701 GBP | ||||
32 17/19p ordinary | Sale | 5,997 | 5.3640 GBP | ||||
32 17/19p ordinary | Sale | 4,912 | 5.3537 GBP | ||||
32 17/19p ordinary | Sale | 4,716 | 5.3000 GBP | ||||
32 17/19p ordinary | Sale | 4,418 | 5.3580 GBP | ||||
32 17/19p ordinary | Sale | 4,208 | 5.3585 GBP | ||||
32 17/19p ordinary | Sale | 4,183 | 5.3582 GBP | ||||
32 17/19p ordinary | Sale | 3,838 | 5.3538 GBP | ||||
ADR | Sale | 3,802 | 14.4999 USD | ||||
32 17/19p ordinary | Sale | 3,548 | 5.3565 GBP | ||||
32 17/19p ordinary | Sale | 3,504 | 5.3540 GBP | ||||
32 17/19p ordinary | Sale | 3,493 | 5.3460 GBP | ||||
32 17/19p ordinary | Sale | 2,951 | 5.3617 GBP | ||||
32 17/19p ordinary | Sale | 2,678 | 5.3292 GBP | ||||
32 17/19p ordinary | Sale | 1,682 | 5.3645 GBP | ||||
32 17/19p ordinary | Sale | 1,610 | 5.2540 GBP | ||||
32 17/19p ordinary | Sale | 1,499 | 5.3229 GBP | ||||
32 17/19p ordinary | Sale | 1,244 | 5.3520 GBP | ||||
32 17/19p ordinary | Sale | 1,148 | 5.3440 GBP | ||||
ADR | Sale | 1,060 | 14.5600 USD | ||||
32 17/19p ordinary | Sale | 1,041 | 5.3489 GBP | ||||
32 17/19p ordinary | Sale | 860 | 5.3660 GBP | ||||
32 17/19p ordinary | Sale | 742 | 5.3480 GBP | ||||
32 17/19p ordinary | Sale | 367 | 5.2660 GBP | ||||
32 17/19p ordinary | Sale | 251 | 5.3500 GBP | ||||
32 17/19p ordinary | Sale | 235 | 5.2580 GBP | ||||
32 17/19p ordinary | Sale | 232 | 5.3740 GBP | ||||
32 17/19p ordinary | Sale | 153 | 5.3710 GBP | ||||
32 17/19p ordinary | Sale | 134 | 5.2820 GBP | ||||
32 17/19p ordinary | Sale | 94 | 5.3583 GBP | ||||
32 17/19p ordinary | Sale | 76 | 5.3421 GBP | ||||
32 17/19p ordinary | Sale | 28 | 5.2680 GBP | ||||
32 17/19p ordinary | Sale | 9 | 5.3720 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 | 12,428 | 5.3215 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38,739 | 5.3335 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,041 | 5.3489 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 135,802 | 5.3510 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,162 | 5.3511 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 46,700 | 5.3523 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 816 | 5.3527 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 89,929 | 5.3542 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 88,265 | 5.3543 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 46,350 | 5.3545 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 53,502 | 5.3546 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,088 | 5.3562 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,602 | 5.3577 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 112,896 | 5.3584 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,474 | 5.3599 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,654 | 5.3671 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,400 | 5.3780 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 417,531 | 5.3792 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,233 | 5.3807 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,810 | 5.3811 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 160,746 | 5.3817 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,609 | 5.3819 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 323,043 | 5.3820 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,713 | 5.2802 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 179 | 5.2840 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,505 | 5.2924 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,399 | 5.2944 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,187 | 5.3033 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,722 | 5.3082 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,850 | 5.3269 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,642 | 5.3360 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,459 | 5.3453 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,405 | 5.3581 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,044 | 5.3592 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,023 | 5.3645 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,912 | 5.3716 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,004 | 5.3747 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,104 | 5.3748 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 33,868 | 5.3797 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 33,198 | 5.3810 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 218,534 | 5.3820 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,013 | 5.3823 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,593 | 5.3828 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,300 | 5.3430 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 51,100 | 5.3820 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 18,684 | 5.3552 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 35,052 | 5.3561 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 67,852 | 5.3621 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,802 | 5.3712 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 28,001 | 5.3815 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,286 | 5.2543 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,464 | 5.2597 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 120 | 5.2944 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 26,474 | 5.3624 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 7,158 | 5.3685 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: | 23 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 | -120,792 | 5.3305 | European | 06-Jun-26 | |
32 17/19p ordinary | Call Options | Written | -104,571 | 5.3176 | European | 05-Jun-26 | |
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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