18th Mar 2025 13:21
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: | 17 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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| 16,626,299 | 0.62% | 18,935,055 | 0.71% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,838,811 | 0.55% | 10,020,048 | 0.37% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,372 | 0.01% |
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| TOTAL: |
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| 31,465,110 | 1.18% | 29,180,475 | 1.09% |
(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 | 518,079 | 5.5730 GBP | ||||
32 17/19p ordinary | Purchase | 417,688 | 5.5700 GBP | ||||
32 17/19p ordinary | Purchase | 248,812 | 5.4760 GBP | ||||
32 17/19p ordinary | Purchase | 165,197 | 5.5552 GBP | ||||
32 17/19p ordinary | Purchase | 127,365 | 5.5369 GBP | ||||
32 17/19p ordinary | Purchase | 87,979 | 5.5682 GBP | ||||
32 17/19p ordinary | Purchase | 68,483 | 5.5320 GBP | ||||
32 17/19p ordinary | Purchase | 56,075 | 5.5198 GBP | ||||
32 17/19p ordinary | Purchase | 36,584 | 5.5702 GBP | ||||
32 17/19p ordinary | Purchase | 30,540 | 5.5720 GBP | ||||
32 17/19p ordinary | Purchase | 25,187 | 5.5634 GBP | ||||
32 17/19p ordinary | Purchase | 22,577 | 5.5461 GBP | ||||
32 17/19p ordinary | Purchase | 20,139 | 5.5690 GBP | ||||
32 17/19p ordinary | Purchase | 19,343 | 5.5258 GBP | ||||
32 17/19p ordinary | Purchase | 10,299 | 5.5710 GBP | ||||
32 17/19p ordinary | Purchase | 8,298 | 5.5467 GBP | ||||
32 17/19p ordinary | Purchase | 7,976 | 5.5477 GBP | ||||
32 17/19p ordinary | Purchase | 5,649 | 5.5270 GBP | ||||
32 17/19p ordinary | Purchase | 4,763 | 5.5521 GBP | ||||
32 17/19p ordinary | Purchase | 3,972 | 5.5713 GBP | ||||
32 17/19p ordinary | Purchase | 3,897 | 5.5683 GBP | ||||
32 17/19p ordinary | Purchase | 3,600 | 5.5355 GBP | ||||
32 17/19p ordinary | Purchase | 3,465 | 5.5065 GBP | ||||
32 17/19p ordinary | Purchase | 3,260 | 5.5379 GBP | ||||
32 17/19p ordinary | Purchase | 3,250 | 5.5742 GBP | ||||
32 17/19p ordinary | Purchase | 3,154 | 5.5095 GBP | ||||
32 17/19p ordinary | Purchase | 3,028 | 5.5401 GBP | ||||
32 17/19p ordinary | Purchase | 3,006 | 5.5487 GBP | ||||
ADR | Purchase | 2,200 | 14.5945 USD | ||||
32 17/19p ordinary | Purchase | 2,109 | 5.5339 GBP | ||||
32 17/19p ordinary | Purchase | 2,004 | 5.5185 GBP | ||||
32 17/19p ordinary | Purchase | 1,819 | 5.5550 GBP | ||||
32 17/19p ordinary | Purchase | 1,588 | 5.5288 GBP | ||||
32 17/19p ordinary | Purchase | 1,273 | 5.5400 GBP | ||||
32 17/19p ordinary | Purchase | 1,116 | 5.5360 GBP | ||||
32 17/19p ordinary | Purchase | 1,055 | 5.5533 GBP | ||||
32 17/19p ordinary | Purchase | 1,002 | 5.5738 GBP | ||||
32 17/19p ordinary | Purchase | 1,002 | 5.5740 GBP | ||||
32 17/19p ordinary | Purchase | 969 | 5.5628 GBP | ||||
32 17/19p ordinary | Purchase | 815 | 5.5240 GBP | ||||
32 17/19p ordinary | Purchase | 737 | 5.5540 GBP | ||||
32 17/19p ordinary | Purchase | 706 | 5.5580 GBP | ||||
32 17/19p ordinary | Purchase | 644 | 5.5006 GBP | ||||
32 17/19p ordinary | Purchase | 520 | 5.5340 GBP | ||||
32 17/19p ordinary | Purchase | 390 | 5.5706 GBP | ||||
32 17/19p ordinary | Purchase | 267 | 5.5640 GBP | ||||
32 17/19p ordinary | Purchase | 240 | 5.5332 GBP | ||||
32 17/19p ordinary | Purchase | 164 | 5.5705 GBP | ||||
32 17/19p ordinary | Purchase | 139 | 5.5615 GBP | ||||
32 17/19p ordinary | Purchase | 83 | 5.5380 GBP | ||||
32 17/19p ordinary | Purchase | 14 | 5.5520 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 5.5100 GBP | ||||
32 17/19p ordinary | Sale | 448,528 | 5.5663 GBP | ||||
32 17/19p ordinary | Sale | 190,904 | 5.5700 GBP | ||||
32 17/19p ordinary | Sale | 152,928 | 5.5152 GBP | ||||
32 17/19p ordinary | Sale | 139,300 | 5.5229 GBP | ||||
32 17/19p ordinary | Sale | 106,600 | 5.5692 GBP | ||||
32 17/19p ordinary | Sale | 90,185 | 5.5462 GBP | ||||
32 17/19p ordinary | Sale | 90,142 | 5.5438 GBP | ||||
32 17/19p ordinary | Sale | 75,674 | 5.5536 GBP | ||||
32 17/19p ordinary | Sale | 65,698 | 5.5491 GBP | ||||
32 17/19p ordinary | Sale | 54,635 | 5.5659 GBP | ||||
32 17/19p ordinary | Sale | 38,431 | 5.5719 GBP | ||||
32 17/19p ordinary | Sale | 38,004 | 5.5431 GBP | ||||
32 17/19p ordinary | Sale | 16,071 | 5.5434 GBP | ||||
32 17/19p ordinary | Sale | 14,688 | 5.5720 GBP | ||||
32 17/19p ordinary | Sale | 13,641 | 5.5313 GBP | ||||
32 17/19p ordinary | Sale | 12,231 | 5.5408 GBP | ||||
32 17/19p ordinary | Sale | 11,134 | 5.5699 GBP | ||||
32 17/19p ordinary | Sale | 10,272 | 5.5343 GBP | ||||
32 17/19p ordinary | Sale | 10,001 | 5.5281 GBP | ||||
32 17/19p ordinary | Sale | 9,883 | 5.5528 GBP | ||||
32 17/19p ordinary | Sale | 7,812 | 5.5259 GBP | ||||
32 17/19p ordinary | Sale | 7,773 | 5.5381 GBP | ||||
32 17/19p ordinary | Sale | 7,325 | 5.5277 GBP | ||||
32 17/19p ordinary | Sale | 7,303 | 5.5380 GBP | ||||
32 17/19p ordinary | Sale | 6,193 | 5.4873 GBP | ||||
32 17/19p ordinary | Sale | 4,644 | 5.5710 GBP | ||||
32 17/19p ordinary | Sale | 4,347 | 5.5669 GBP | ||||
32 17/19p ordinary | Sale | 4,248 | 5.5714 GBP | ||||
32 17/19p ordinary | Sale | 3,958 | 5.5164 GBP | ||||
32 17/19p ordinary | Sale | 3,889 | 5.5506 GBP | ||||
32 17/19p ordinary | Sale | 2,967 | 5.5351 GBP | ||||
32 17/19p ordinary | Sale | 2,280 | 5.5414 GBP | ||||
ADR | Sale | 2,200 | 14.5945 USD | ||||
32 17/19p ordinary | Sale | 1,986 | 5.5713 GBP | ||||
32 17/19p ordinary | Sale | 1,625 | 5.5742 GBP | ||||
32 17/19p ordinary | Sale | 1,002 | 5.5740 GBP | ||||
32 17/19p ordinary | Sale | 886 | 5.5400 GBP | ||||
32 17/19p ordinary | Sale | 815 | 5.5240 GBP | ||||
32 17/19p ordinary | Sale | 722 | 5.5702 GBP | ||||
32 17/19p ordinary | Sale | 706 | 5.5580 GBP | ||||
32 17/19p ordinary | Sale | 522 | 5.5030 GBP | ||||
32 17/19p ordinary | Sale | 520 | 5.5340 GBP | ||||
32 17/19p ordinary | Sale | 439 | 5.5320 GBP | ||||
32 17/19p ordinary | Sale | 267 | 5.5640 GBP | ||||
32 17/19p ordinary | Sale | 182 | 5.5543 GBP | ||||
32 17/19p ordinary | Sale | 138 | 5.5360 GBP | ||||
32 17/19p ordinary | Sale | 1 | 5.5200 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 | 60,000 | 5.5545 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,114 | 5.5054 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 83 | 5.5063 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,320 | 5.5066 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 982 | 5.5227 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 139,300 | 5.5229 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,548 | 5.5410 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 842 | 5.5415 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,071 | 5.5434 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 53,840 | 5.5446 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 564 | 5.5452 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 90,185 | 5.5462 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 65,698 | 5.5491 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 92,910 | 5.5497 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,967 | 5.5542 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 54,621 | 5.5567 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 54,635 | 5.5659 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,347 | 5.5669 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 852 | 5.5680 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 106,600 | 5.5692 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,057 | 5.5693 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 186,166 | 5.5699 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 365,380 | 5.5700 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,248 | 5.5714 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 191 | 5.5719 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 248,812 | 5.4760 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 34,342 | 5.4997 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,465 | 5.5065 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 309 | 5.5140 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 19,343 | 5.5258 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,141 | 5.5319 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 68,483 | 5.5320 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 240 | 5.5332 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 8,298 | 5.5467 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,976 | 5.5477 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 687 | 5.5570 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,001 | 5.5588 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,345 | 5.5609 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,939 | 5.5610 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 969 | 5.5628 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 12,903 | 5.5658 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 87,979 | 5.5682 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,897 | 5.5683 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 121,413 | 5.5693 GBP | |||
32 17/19p ordinary | SWAP | Opening Short | 232,940 | 5.5700 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 135,969 | 5.5702 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 518,079 | 5.5730 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 41,800 | 5.5700 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 6,111 | 5.4856 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 24,474 | 5.5289 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,599 | 5.5480 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,200 | 5.5563 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 7,808 | 5.5669 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 6,111 | 5.5703 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: | 18 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 | -120,792 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,580 | 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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