20th Mar 2025 13:31
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 Mar 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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| 14,513,113 | 0.54% | 16,262,627 | 0.61% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,530,777 | 0.54% | 8,161,706 | 0.30% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,367 | 0.01% |
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| TOTAL: |
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| 29,043,890 | 1.08% | 24,649,700 | 0.92% |
(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 | 2,293,726 | 5.5860 GBP | ||||
32 17/19p ordinary | Purchase | 564,808 | 5.6167 GBP | ||||
32 17/19p ordinary | Purchase | 442,477 | 5.6040 GBP | ||||
32 17/19p ordinary | Purchase | 424,775 | 5.6160 GBP | ||||
32 17/19p ordinary | Purchase | 161,274 | 5.6407 GBP | ||||
32 17/19p ordinary | Purchase | 126,937 | 5.6410 GBP | ||||
32 17/19p ordinary | Purchase | 73,110 | 5.6487 GBP | ||||
32 17/19p ordinary | Purchase | 62,204 | 5.6520 GBP | ||||
32 17/19p ordinary | Purchase | 42,153 | 5.6486 GBP | ||||
32 17/19p ordinary | Purchase | 36,431 | 5.6428 GBP | ||||
32 17/19p ordinary | Purchase | 31,370 | 5.6166 GBP | ||||
32 17/19p ordinary | Purchase | 27,078 | 5.6422 GBP | ||||
32 17/19p ordinary | Purchase | 25,870 | 5.6239 GBP | ||||
32 17/19p ordinary | Purchase | 21,567 | 5.6265 GBP | ||||
32 17/19p ordinary | Purchase | 21,125 | 5.6540 GBP | ||||
32 17/19p ordinary | Purchase | 18,936 | 5.6460 GBP | ||||
32 17/19p ordinary | Purchase | 17,850 | 5.6496 GBP | ||||
32 17/19p ordinary | Purchase | 17,001 | 5.6483 GBP | ||||
32 17/19p ordinary | Purchase | 16,856 | 5.6545 GBP | ||||
32 17/19p ordinary | Purchase | 16,314 | 5.6480 GBP | ||||
32 17/19p ordinary | Purchase | 14,200 | 5.6493 GBP | ||||
32 17/19p ordinary | Purchase | 13,559 | 5.6465 GBP | ||||
32 17/19p ordinary | Purchase | 11,935 | 5.6268 GBP | ||||
32 17/19p ordinary | Purchase | 10,965 | 5.6585 GBP | ||||
32 17/19p ordinary | Purchase | 10,917 | 5.6380 GBP | ||||
32 17/19p ordinary | Purchase | 10,795 | 5.6476 GBP | ||||
32 17/19p ordinary | Purchase | 10,733 | 5.6390 GBP | ||||
32 17/19p ordinary | Purchase | 10,718 | 5.6361 GBP | ||||
32 17/19p ordinary | Purchase | 10,427 | 5.6492 GBP | ||||
32 17/19p ordinary | Purchase | 10,176 | 5.6413 GBP | ||||
32 17/19p ordinary | Purchase | 6,986 | 5.6474 GBP | ||||
32 17/19p ordinary | Purchase | 6,655 | 5.6457 GBP | ||||
32 17/19p ordinary | Purchase | 6,087 | 5.6580 GBP | ||||
32 17/19p ordinary | Purchase | 5,825 | 5.6537 GBP | ||||
32 17/19p ordinary | Purchase | 4,323 | 5.6511 GBP | ||||
32 17/19p ordinary | Purchase | 3,843 | 5.6596 GBP | ||||
32 17/19p ordinary | Purchase | 3,842 | 5.6560 GBP | ||||
32 17/19p ordinary | Purchase | 3,664 | 5.6500 GBP | ||||
32 17/19p ordinary | Purchase | 3,023 | 5.6412 GBP | ||||
32 17/19p ordinary | Purchase | 3,017 | 5.6579 GBP | ||||
32 17/19p ordinary | Purchase | 2,991 | 5.6482 GBP | ||||
32 17/19p ordinary | Purchase | 2,547 | 5.6440 GBP | ||||
32 17/19p ordinary | Purchase | 2,232 | 5.6360 GBP | ||||
32 17/19p ordinary | Purchase | 1,892 | 5.6505 GBP | ||||
32 17/19p ordinary | Purchase | 1,635 | 5.6510 GBP | ||||
32 17/19p ordinary | Purchase | 1,488 | 5.6466 GBP | ||||
32 17/19p ordinary | Purchase | 1,067 | 5.6200 GBP | ||||
32 17/19p ordinary | Purchase | 967 | 5.6571 GBP | ||||
32 17/19p ordinary | Purchase | 948 | 5.6590 GBP | ||||
32 17/19p ordinary | Purchase | 804 | 5.6562 GBP | ||||
ADR | Purchase | 780 | 14.8500 USD | ||||
32 17/19p ordinary | Purchase | 765 | 5.6400 GBP | ||||
32 17/19p ordinary | Purchase | 705 | 5.6358 GBP | ||||
32 17/19p ordinary | Purchase | 688 | 5.6168 GBP | ||||
32 17/19p ordinary | Purchase | 684 | 5.6320 GBP | ||||
32 17/19p ordinary | Purchase | 609 | 5.6338 GBP | ||||
32 17/19p ordinary | Purchase | 512 | 5.6426 GBP | ||||
32 17/19p ordinary | Purchase | 361 | 5.6570 GBP | ||||
32 17/19p ordinary | Purchase | 260 | 5.6340 GBP | ||||
32 17/19p ordinary | Purchase | 128 | 5.6441 GBP | ||||
32 17/19p ordinary | Sale | 580,272 | 5.6359 GBP | ||||
32 17/19p ordinary | Sale | 419,160 | 5.6214 GBP | ||||
32 17/19p ordinary | Sale | 231,385 | 5.6450 GBP | ||||
32 17/19p ordinary | Sale | 227,170 | 5.6160 GBP | ||||
32 17/19p ordinary | Sale | 203,526 | 5.6457 GBP | ||||
32 17/19p ordinary | Sale | 191,533 | 5.6465 GBP | ||||
32 17/19p ordinary | Sale | 148,657 | 5.6456 GBP | ||||
32 17/19p ordinary | Sale | 142,629 | 5.6289 GBP | ||||
32 17/19p ordinary | Sale | 101,174 | 5.6156 GBP | ||||
32 17/19p ordinary | Sale | 92,393 | 5.6159 GBP | ||||
32 17/19p ordinary | Sale | 77,250 | 5.6474 GBP | ||||
32 17/19p ordinary | Sale | 69,262 | 5.6157 GBP | ||||
32 17/19p ordinary | Sale | 58,443 | 5.6476 GBP | ||||
32 17/19p ordinary | Sale | 57,340 | 5.6417 GBP | ||||
32 17/19p ordinary | Sale | 56,982 | 5.6336 GBP | ||||
32 17/19p ordinary | Sale | 50,934 | 5.6438 GBP | ||||
32 17/19p ordinary | Sale | 49,273 | 5.6221 GBP | ||||
32 17/19p ordinary | Sale | 42,714 | 5.6480 GBP | ||||
32 17/19p ordinary | Sale | 33,924 | 5.6520 GBP | ||||
32 17/19p ordinary | Sale | 27,678 | 5.6462 GBP | ||||
32 17/19p ordinary | Sale | 25,081 | 5.6448 GBP | ||||
32 17/19p ordinary | Sale | 21,891 | 5.6501 GBP | ||||
32 17/19p ordinary | Sale | 21,556 | 5.6585 GBP | ||||
32 17/19p ordinary | Sale | 21,540 | 5.6495 GBP | ||||
32 17/19p ordinary | Sale | 18,936 | 5.6460 GBP | ||||
32 17/19p ordinary | Sale | 17,979 | 5.6340 GBP | ||||
32 17/19p ordinary | Sale | 17,206 | 5.6503 GBP | ||||
32 17/19p ordinary | Sale | 7,624 | 5.6478 GBP | ||||
32 17/19p ordinary | Sale | 5,976 | 5.6463 GBP | ||||
32 17/19p ordinary | Sale | 5,850 | 5.6580 GBP | ||||
32 17/19p ordinary | Sale | 5,618 | 5.6120 GBP | ||||
32 17/19p ordinary | Sale | 5,568 | 5.6540 GBP | ||||
32 17/19p ordinary | Sale | 4,629 | 5.6500 GBP | ||||
32 17/19p ordinary | Sale | 3,842 | 5.6560 GBP | ||||
32 17/19p ordinary | Sale | 3,784 | 5.6453 GBP | ||||
32 17/19p ordinary | Sale | 3,647 | 5.6516 GBP | ||||
32 17/19p ordinary | Sale | 3,622 | 5.6489 GBP | ||||
32 17/19p ordinary | Sale | 3,468 | 5.6310 GBP | ||||
32 17/19p ordinary | Sale | 2,729 | 5.6274 GBP | ||||
32 17/19p ordinary | Sale | 2,571 | 5.6440 GBP | ||||
32 17/19p ordinary | Sale | 2,232 | 5.6360 GBP | ||||
32 17/19p ordinary | Sale | 2,029 | 5.6470 GBP | ||||
32 17/19p ordinary | Sale | 2,007 | 5.6494 GBP | ||||
32 17/19p ordinary | Sale | 1,974 | 5.6034 GBP | ||||
32 17/19p ordinary | Sale | 1,898 | 5.6380 GBP | ||||
32 17/19p ordinary | Sale | 1,762 | 5.6147 GBP | ||||
32 17/19p ordinary | Sale | 1,565 | 5.6322 GBP | ||||
32 17/19p ordinary | Sale | 765 | 5.6400 GBP | ||||
32 17/19p ordinary | Sale | 684 | 5.6320 GBP | ||||
32 17/19p ordinary | Sale | 395 | 5.6300 GBP | ||||
ADR | Sale | 390 | 14.8500 USD | ||||
32 17/19p ordinary | Sale | 250 | 5.6415 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 | 57,340 | 5.6417 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 500 | 5.6119 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 101,174 | 5.6156 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 69,262 | 5.6157 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 92,393 | 5.6159 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 13,717 | 5.6160 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 402,119 | 5.6218 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,401 | 5.6219 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 559 | 5.6221 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,729 | 5.6274 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 142,629 | 5.6289 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,580 | 5.6305 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,468 | 5.6310 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2 | 5.6320 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 56,982 | 5.6336 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 17,932 | 5.6340 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 104,180 | 5.6435 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 501 | 5.6437 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 25,081 | 5.6448 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 148,657 | 5.6456 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 203,526 | 5.6457 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 134,358 | 5.6462 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,976 | 5.6463 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 191,533 | 5.6465 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 12,268 | 5.6467 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 37,979 | 5.6470 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 119,395 | 5.6477 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,007 | 5.6494 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 200 | 5.6499 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 21,891 | 5.6501 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,647 | 5.6516 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 207 | 5.6528 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 442,477 | 5.6040 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 61,297 | 5.6158 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 132,339 | 5.6159 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 284,156 | 5.6160 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 89,867 | 5.6162 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 688 | 5.6168 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,067 | 5.6200 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 23,824 | 5.6237 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 25,870 | 5.6239 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,935 | 5.6268 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 451 | 5.6339 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10,427 | 5.6492 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,096 | 5.5856 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 9 | 5.6222 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 26,240 | 5.6494 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,096 | 5.6163 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 78,816 | 5.6164 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 233,968 | 5.6209 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 665 | 5.6319 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? | YES | ||||||
Date of disclosure: | 20 Mar 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 | -120,788 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 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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