3rd Jun 2025 14:48
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: | 02 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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| 6,523,543 | 0.24% | 16,952,813 | 0.63% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 15,666,506 | 0.58% | 5,395,686 | 0.20% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,368 | 0.01% |
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| TOTAL: |
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| 22,190,049 | 0.83% | 22,573,867 | 0.84% |
(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 | 546,932 | 6.1820 GBP | ||||
32 17/19p ordinary | Purchase | 215,517 | 6.1414 GBP | ||||
32 17/19p ordinary | Purchase | 144,532 | 6.1545 GBP | ||||
32 17/19p ordinary | Purchase | 141,993 | 6.1695 GBP | ||||
32 17/19p ordinary | Purchase | 104,000 | 6.1523 GBP | ||||
32 17/19p ordinary | Purchase | 88,859 | 6.1520 GBP | ||||
32 17/19p ordinary | Purchase | 72,308 | 6.1370 GBP | ||||
32 17/19p ordinary | Purchase | 67,063 | 6.1475 GBP | ||||
32 17/19p ordinary | Purchase | 62,768 | 6.1818 GBP | ||||
32 17/19p ordinary | Purchase | 51,338 | 6.1900 GBP | ||||
32 17/19p ordinary | Purchase | 37,608 | 6.1548 GBP | ||||
32 17/19p ordinary | Purchase | 33,322 | 6.1379 GBP | ||||
32 17/19p ordinary | Purchase | 23,577 | 6.1584 GBP | ||||
32 17/19p ordinary | Purchase | 22,806 | 6.1291 GBP | ||||
32 17/19p ordinary | Purchase | 21,329 | 6.1829 GBP | ||||
32 17/19p ordinary | Purchase | 17,078 | 6.1824 GBP | ||||
32 17/19p ordinary | Purchase | 15,850 | 6.1590 GBP | ||||
32 17/19p ordinary | Purchase | 14,104 | 6.1446 GBP | ||||
32 17/19p ordinary | Purchase | 13,695 | 6.1440 GBP | ||||
32 17/19p ordinary | Purchase | 11,394 | 6.1439 GBP | ||||
32 17/19p ordinary | Purchase | 7,916 | 6.1708 GBP | ||||
32 17/19p ordinary | Purchase | 6,554 | 6.1342 GBP | ||||
32 17/19p ordinary | Purchase | 5,366 | 6.0880 GBP | ||||
32 17/19p ordinary | Purchase | 3,070 | 6.1254 GBP | ||||
32 17/19p ordinary | Purchase | 2,829 | 6.1679 GBP | ||||
32 17/19p ordinary | Purchase | 2,626 | 6.1755 GBP | ||||
32 17/19p ordinary | Purchase | 2,123 | 6.1607 GBP | ||||
32 17/19p ordinary | Purchase | 1,839 | 6.1280 GBP | ||||
32 17/19p ordinary | Purchase | 1,616 | 6.1776 GBP | ||||
32 17/19p ordinary | Purchase | 1,559 | 6.1320 GBP | ||||
ADR | Purchase | 1,400 | 16.7985 USD | ||||
32 17/19p ordinary | Purchase | 1,187 | 6.1400 GBP | ||||
32 17/19p ordinary | Purchase | 1,063 | 6.1355 GBP | ||||
32 17/19p ordinary | Purchase | 993 | 6.1960 GBP | ||||
32 17/19p ordinary | Purchase | 670 | 6.1420 GBP | ||||
32 17/19p ordinary | Purchase | 581 | 6.1860 GBP | ||||
32 17/19p ordinary | Purchase | 403 | 6.1364 GBP | ||||
32 17/19p ordinary | Purchase | 307 | 6.1350 GBP | ||||
ADR | Purchase | 306 | 16.9900 USD | ||||
32 17/19p ordinary | Purchase | 259 | 6.1240 GBP | ||||
32 17/19p ordinary | Purchase | 238 | 6.1120 GBP | ||||
32 17/19p ordinary | Purchase | 218 | 6.1380 GBP | ||||
32 17/19p ordinary | Purchase | 105 | 6.1460 GBP | ||||
32 17/19p ordinary | Sale | 214,183 | 6.1709 GBP | ||||
32 17/19p ordinary | Sale | 203,982 | 6.1820 GBP | ||||
32 17/19p ordinary | Sale | 153,140 | 6.1673 GBP | ||||
32 17/19p ordinary | Sale | 116,228 | 6.1811 GBP | ||||
32 17/19p ordinary | Sale | 103,119 | 6.1510 GBP | ||||
32 17/19p ordinary | Sale | 100,345 | 6.1468 GBP | ||||
32 17/19p ordinary | Sale | 79,129 | 6.1815 GBP | ||||
32 17/19p ordinary | Sale | 72,497 | 6.1747 GBP | ||||
32 17/19p ordinary | Sale | 72,308 | 6.1370 GBP | ||||
32 17/19p ordinary | Sale | 54,078 | 6.1415 GBP | ||||
32 17/19p ordinary | Sale | 41,945 | 6.1536 GBP | ||||
32 17/19p ordinary | Sale | 24,758 | 6.1302 GBP | ||||
32 17/19p ordinary | Sale | 21,872 | 6.1731 GBP | ||||
32 17/19p ordinary | Sale | 21,296 | 6.1556 GBP | ||||
32 17/19p ordinary | Sale | 14,321 | 6.1412 GBP | ||||
32 17/19p ordinary | Sale | 10,200 | 6.1303 GBP | ||||
32 17/19p ordinary | Sale | 8,898 | 6.1407 GBP | ||||
32 17/19p ordinary | Sale | 8,840 | 6.1652 GBP | ||||
32 17/19p ordinary | Sale | 6,800 | 6.1300 GBP | ||||
32 17/19p ordinary | Sale | 6,530 | 6.1355 GBP | ||||
32 17/19p ordinary | Sale | 6,006 | 6.1674 GBP | ||||
32 17/19p ordinary | Sale | 5,850 | 6.1239 GBP | ||||
32 17/19p ordinary | Sale | 5,490 | 6.1593 GBP | ||||
32 17/19p ordinary | Sale | 5,366 | 6.0880 GBP | ||||
32 17/19p ordinary | Sale | 4,601 | 6.1397 GBP | ||||
32 17/19p ordinary | Sale | 3,629 | 6.1360 GBP | ||||
32 17/19p ordinary | Sale | 2,923 | 6.1930 GBP | ||||
32 17/19p ordinary | Sale | 1,641 | 6.1458 GBP | ||||
32 17/19p ordinary | Sale | 1,496 | 6.1759 GBP | ||||
ADR | Sale | 1,400 | 16.7985 USD | ||||
32 17/19p ordinary | Sale | 1,388 | 6.1422 GBP | ||||
32 17/19p ordinary | Sale | 1,373 | 6.1920 GBP | ||||
32 17/19p ordinary | Sale | 1,270 | 6.1260 GBP | ||||
32 17/19p ordinary | Sale | 1,122 | 6.1581 GBP | ||||
32 17/19p ordinary | Sale | 993 | 6.1960 GBP | ||||
32 17/19p ordinary | Sale | 929 | 6.1400 GBP | ||||
32 17/19p ordinary | Sale | 581 | 6.1860 GBP | ||||
32 17/19p ordinary | Sale | 535 | 6.1280 GBP | ||||
32 17/19p ordinary | Sale | 326 | 6.1320 GBP | ||||
ADR | Sale | 306 | 16.9900 USD | ||||
32 17/19p ordinary | Sale | 161 | 6.1740 GBP | ||||
32 17/19p ordinary | Sale | 75 | 6.1970 GBP | ||||
32 17/19p ordinary | Sale | 46 | 6.1980 GBP | ||||
32 17/19p ordinary | Sale | 36 | 6.1219 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 | Increasing Long | 3,026 | 6.0880 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,850 | 6.1239 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 100,345 | 6.1468 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 22,381 | 6.1500 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 27,598 | 6.1642 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 49,983 | 6.1649 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 8,840 | 6.1652 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 116,228 | 6.1810 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 79,129 | 6.1815 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 224,447 | 6.1816 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 133,245 | 6.1820 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,079 | 6.1060 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,039 | 6.1280 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,106 | 6.1290 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 6,554 | 6.1342 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 84,922 | 6.1354 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,037 | 6.1461 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 67,063 | 6.1475 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 46,855 | 6.1508 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 174,179 | 6.1523 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 23,577 | 6.1584 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 20,038 | 6.1733 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,195 | 6.1771 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,392 | 6.1808 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,325 | 6.1809 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,142 | 6.1812 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 612,080 | 6.1820 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 17,078 | 6.1824 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 21,329 | 6.1829 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,666 | 6.1870 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 100 | 6.1479 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 300 | 6.1320 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,238 | 6.0875 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,200 | 6.1335 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 58,913 | 6.1417 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 5,366 | 6.0880 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 4,248 | 6.0925 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 472 | 6.1123 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 14,595 | 6.1722 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,238 | 6.1824 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 22,158 | 6.1060 GBP | |||
32 17/19p ordinary | SWAP | Closing Long | 11,079 | 6.1060 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: | 03 Jun 2025 | ||||||
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 | -120,791 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 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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