11th Apr 2025 10:15
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: | Jefferies International Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
|
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | 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: For an opening position disclosure, state the latest practicable date prior to the disclosure |
10th April 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? If it is a cash offer or possible cash offer, state "N/A" |
Direct Line Insurance Group plc
|
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: | 1,487,203 | 0.055 |
|
|
(2) Cash-settled derivatives:
| 7,004,215 | 0.261 | 8,475,595 | 0.316 |
(3) Stock-settled derivatives 9,046,722 (including options) and agreements to purchase/sell: |
|
|
|
|
TOTAL: | 8,491,418 | 0.317 | 8,475,595 | 0.316 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee 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
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit (GBX) |
32 17/19p ordinary | Purchases
Sale | 14,061 13,838 677 1,464 22,946 638 6,551 28,537 3,858 15,715 59 7,159 625 4,013 1,835 24,898 5,326 574 16,387 3,809 12,084 3,978 1,155 12,786 1,288 3,492 174 1,321 798 3,694 992 8,912 486 12,126 1,472 2,876 6,742 6,255 12,132 550 57,586 13,143 748 5,164 1,213 1,191 5,862 570 972 6,609 1,925 344 5,880 1,636 1,050 143,350 586 794 4,760 1,426 3,842 7,225 2,452 1,761 1,400 1,676 1,487 1,048 2,609 4,143 2,887 7,868 6,230 10,191 530 91,138 7,466 50,731 3,716 6,650 45,202 17,225 22,699 1,381 5,858 3,486 991 5,806 4,159 16,568 8,135 2,558 1,059 702 87,596 917 972 486 1,458 972 3,726 2,050 486 3,263 403 1,837 3,849 3,869 2,430 102 55 7,053 3,113 2,815 6,811 1,199 1,751 264 2,432 892 1,911 5,899 1,820 10,907 2,660 565 19,358 3,766 2,319 154 19,273 4,157 9,361 843 7,411 7,058 16,144 19,397 4,506 10,600 15,371 522 8,508 2,956 10,781 11,593 2,536 136 1,544 11,779 7,695 3,457 300 7,859 200 8,346 2,636 2,669 3,441 6,057 2,270 100 5,565 19,925 445 7,986 4,765 249 974 3,420 1,912 1,335
136 272 272 680 136 136 136 139 136 136 136 408 949 680 408 14,333 955 136 272 136 136 136 3,131 272 12,733 272 272 122 15,802 136 16,323 6,669 515 779 136 136 3,299 258 136 1,000 204 272 59,215 177 136 136 408 272 2,106 200,000 1,746 164,210 272 272 399,087 319,270 400 264 5,300 7,058 599 2,279 | 496.3000 496.7500 496.8000 496.9000 496.9463 496.9500 497.0000 497.1000 497.1500 497.2000 497.2500 497.3000 497.3500 497.4000 497.4500 497.5000 497.6000 497.6500 497.7000 497.7500 497.8000 497.9000 497.9500 498.0000 498.0500 498.1000 498.1500 498.2000 498.2500 498.3000 498.3500 498.4000 498.4500 498.5000 498.5500 498.6000 498.6500 498.7000 498.8000 498.8500 498.8990 498.9000 498.9500 499.0000 499.0500 499.1000 499.1500 499.2000 499.2500 499.3000 499.3500 499.4000 499.4500 499.5000 499.5500 499.5732 499.6000 499.6500 499.6632 499.7000 499.7500 499.8000 499.8500 499.9000 500.0000 500.0500 500.1000 500.2000 500.3000 500.4000 500.5000 500.6000 500.7000 500.8000 500.9000 501.0000 501.1000 501.2000 501.2439 501.3000 501.4000 501.5000 501.6000 501.7000 501.8000 502.0000 502.1000 502.2000 502.3000 502.4000 502.5000 502.6000 502.7000 502.8000 503.0000 503.1000 503.2000 503.4000 503.6000 503.8000 504.9000 505.0000 505.6000 506.0000 506.1000 506.2000 506.3000 506.4000 506.6000 506.7000 506.9000 507.2000 507.3000 507.4000 508.0000 508.1000 508.2000 508.3000 508.4000 508.6000 508.8000 509.0000 509.1000 509.2000 509.4000 509.5000 509.6000 509.7000 509.8000 509.9000 510.0000 510.1000 510.2000 510.3000 510.4000 510.5161 510.6000 510.8000 510.9000 510.9280 511.0000 511.1000 511.2000 511.3000 511.4000 511.6000 511.7000 511.8000 511.9000 512.0000 512.1000 512.2000 512.3000 512.4000 512.5000 512.6000 512.7000 512.8000 512.9000 513.0000 513.2000 513.3000 513.4000 513.6000 513.8000 514.2000 514.4000 514.6000 516.4000 516.8000 517.0000 517.5000
495.2500 495.3000 495.4000 495.5000 495.5500 495.6000 495.6500 495.7000 495.7500 495.8000 495.8500 495.9000 496.0000 496.1000 496.2000 496.3000 496.4000 496.4500 496.5000 496.5500 496.6000 496.7000 496.7478 496.8000 496.8500 496.9000 496.9500 497.0000 497.1000 497.1500 497.1858 497.2000 497.3000 497.4000 497.4500 497.5000 497.7000 497.9500 498.0000 498.5000 499.0000 499.0500 499.0741 499.4000 499.5000 499.7000 500.8000 501.0000 501.2000 501.2682 501.4000 501.4676 502.2000 502.4000 504.6428 504.8951 507.9000 508.3000 510.0654 510.5161 512.4000 513.6000 |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBX) |
32 17/19p ordinary |
· Please note, please also see other deal section at the bottom of the form.
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
|
|
|
|
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
|
|
|
|
4. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 11th April 2025 |
| Contact name: | Jason Williams |
| Telephone number | 020 7029 8706 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Aviva