23rd Apr 2025 17:58
FORM 8.3 | |||||||
Amendment - this form replaces RNS number 9506E published at 15:07 on 15/04/2025 changes made to section 2a and 3a | |||||||
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: | 11 Apr 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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| 12,695,959 | 0.47% | 18,795,715 | 0.70% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 17,761,529 | 0.66% | 10,468,786 | 0.39% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,351 | 0.01% |
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| TOTAL: |
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| 30,457,488 | 1.13% | 29,489,852 | 1.10% |
(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 |
| securities |
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32 17/19p ordinary | Purchase | 413,681 | 4.9636 GBP | ||||
32 17/19p ordinary | Purchase | 274,032 | 4.9771 GBP | ||||
32 17/19p ordinary | Purchase | 264,606 | 4.9780 GBP | ||||
32 17/19p ordinary | Purchase | 215,700 | 4.9703 GBP | ||||
32 17/19p ordinary | Purchase | 155,357 | 4.9781 GBP | ||||
32 17/19p ordinary | Purchase | 123,540 | 4.9738 GBP | ||||
32 17/19p ordinary | Purchase | 121,185 | 4.9640 GBP | ||||
32 17/19p ordinary | Purchase | 94,904 | 4.9617 GBP | ||||
32 17/19p ordinary | Purchase | 84,921 | 4.9834 GBP | ||||
32 17/19p ordinary | Purchase | 70,231 | 4.9755 GBP | ||||
32 17/19p ordinary | Purchase | 60,951 | 4.9776 GBP | ||||
32 17/19p ordinary | Purchase | 41,621 | 4.9769 GBP | ||||
32 17/19p ordinary | Purchase | 38,740 | 4.9671 GBP | ||||
32 17/19p ordinary | Purchase | 25,710 | 4.9783 GBP | ||||
32 17/19p ordinary | Purchase | 25,419 | 4.9714 GBP | ||||
32 17/19p ordinary | Purchase | 25,173 | 4.9745 GBP | ||||
32 17/19p ordinary | Purchase | 21,826 | 4.9807 GBP | ||||
32 17/19p ordinary | Purchase | 21,241 | 4.9523 GBP | ||||
32 17/19p ordinary | Purchase | 17,150 | 4.9928 GBP | ||||
32 17/19p ordinary | Purchase | 16,158 | 4.9743 GBP | ||||
32 17/19p ordinary | Purchase | 16,056 | 4.9638 GBP | ||||
32 17/19p ordinary | Purchase | 11,848 | 4.9787 GBP | ||||
32 17/19p ordinary | Purchase | 10,317 | 4.9739 GBP | ||||
32 17/19p ordinary | Purchase | 10,153 | 4.9465 GBP | ||||
32 17/19p ordinary | Purchase | 8,916 | 4.9669 GBP | ||||
32 17/19p ordinary | Purchase | 8,894 | 4.9704 GBP | ||||
32 17/19p ordinary | Purchase | 8,841 | 4.9650 GBP | ||||
32 17/19p ordinary | Purchase | 8,230 | 4.9833 GBP | ||||
32 17/19p ordinary | Purchase | 5,920 | 4.9916 GBP | ||||
ADR | Purchase | 4,704 | 13.2100 USD | ||||
32 17/19p ordinary | Purchase | 3,113 | 5.0034 GBP | ||||
32 17/19p ordinary | Purchase | 2,932 | 4.9540 GBP | ||||
32 17/19p ordinary | Purchase | 2,777 | 4.9982 GBP | ||||
32 17/19p ordinary | Purchase | 2,645 | 4.9950 GBP | ||||
32 17/19p ordinary | Purchase | 2,512 | 4.9930 GBP | ||||
32 17/19p ordinary | Purchase | 2,386 | 4.9926 GBP | ||||
32 17/19p ordinary | Purchase | 2,259 | 4.9673 GBP | ||||
32 17/19p ordinary | Purchase | 2,032 | 4.9903 GBP | ||||
32 17/19p ordinary | Purchase | 1,733 | 4.9839 GBP | ||||
32 17/19p ordinary | Purchase | 1,400 | 5.3305 GBP | ||||
32 17/19p ordinary | Purchase | 1,334 | 4.9740 GBP | ||||
32 17/19p ordinary | Purchase | 915 | 4.9730 GBP | ||||
32 17/19p ordinary | Purchase | 815 | 4.9910 GBP | ||||
32 17/19p ordinary | Purchase | 788 | 4.9570 GBP | ||||
32 17/19p ordinary | Purchase | 736 | 4.9160 GBP | ||||
32 17/19p ordinary | Purchase | 734 | 4.9606 GBP | ||||
32 17/19p ordinary | Purchase | 682 | 4.9010 GBP | ||||
32 17/19p ordinary | Purchase | 674 | 4.9836 GBP | ||||
32 17/19p ordinary | Purchase | 625 | 5.0025 GBP | ||||
32 17/19p ordinary | Purchase | 621 | 5.0150 GBP | ||||
32 17/19p ordinary | Purchase | 613 | 4.9995 GBP | ||||
32 17/19p ordinary | Purchase | 556 | 4.9170 GBP | ||||
32 17/19p ordinary | Purchase | 295 | 4.9935 GBP | ||||
32 17/19p ordinary | Purchase | 218 | 4.9850 GBP | ||||
32 17/19p ordinary | Purchase | 213 | 4.9860 GBP | ||||
32 17/19p ordinary | Purchase | 182 | 4.9499 GBP | ||||
32 17/19p ordinary | Purchase | 39 | 4.9770 GBP | ||||
ADR | Purchase | 30 | 13.2400 USD | ||||
32 17/19p ordinary | Purchase | 22 | 4.9810 GBP | ||||
ADR | Purchase | 10 | 13.1580 USD | ||||
32 17/19p ordinary | Sale | 844,282 | 4.9780 GBP | ||||
32 17/19p ordinary | Sale | 468,566 | 4.9767 GBP | ||||
32 17/19p ordinary | Sale | 273,487 | 4.9854 GBP | ||||
32 17/19p ordinary | Sale | 164,092 | 4.9775 GBP | ||||
32 17/19p ordinary | Sale | 159,914 | 4.9731 GBP | ||||
32 17/19p ordinary | Sale | 150,174 | 4.9783 GBP | ||||
32 17/19p ordinary | Sale | 143,672 | 4.9682 GBP | ||||
32 17/19p ordinary | Sale | 89,571 | 4.9223 GBP | ||||
32 17/19p ordinary | Sale | 88,235 | 4.9755 GBP | ||||
32 17/19p ordinary | Sale | 84,697 | 4.9721 GBP | ||||
32 17/19p ordinary | Sale | 65,836 | 4.9723 GBP | ||||
32 17/19p ordinary | Sale | 59,170 | 4.9757 GBP | ||||
32 17/19p ordinary | Sale | 54,697 | 4.9857 GBP | ||||
32 17/19p ordinary | Sale | 51,528 | 4.9660 GBP | ||||
32 17/19p ordinary | Sale | 43,899 | 4.9579 GBP | ||||
32 17/19p ordinary | Sale | 39,000 | 4.9805 GBP | ||||
32 17/19p ordinary | Sale | 29,768 | 4.9726 GBP | ||||
32 17/19p ordinary | Sale | 25,317 | 4.9855 GBP | ||||
32 17/19p ordinary | Sale | 23,552 | 4.9669 GBP | ||||
32 17/19p ordinary | Sale | 21,956 | 4.9494 GBP | ||||
32 17/19p ordinary | Sale | 20,532 | 4.9702 GBP | ||||
32 17/19p ordinary | Sale | 19,200 | 4.9885 GBP | ||||
32 17/19p ordinary | Sale | 15,634 | 4.9938 GBP | ||||
32 17/19p ordinary | Sale | 14,632 | 4.9927 GBP | ||||
32 17/19p ordinary | Sale | 14,085 | 4.9565 GBP | ||||
32 17/19p ordinary | Sale | 11,513 | 4.9738 GBP | ||||
32 17/19p ordinary | Sale | 6,616 | 4.9830 GBP | ||||
32 17/19p ordinary | Sale | 6,448 | 4.9712 GBP | ||||
ADR | Sale | 4,704 | 13.2100 USD | ||||
32 17/19p ordinary | Sale | 3,806 | 4.9837 GBP | ||||
32 17/19p ordinary | Sale | 3,587 | 4.9832 GBP | ||||
32 17/19p ordinary | Sale | 3,392 | 4.9785 GBP | ||||
32 17/19p ordinary | Sale | 2,932 | 4.9747 GBP | ||||
32 17/19p ordinary | Sale | 2,190 | 4.9460 GBP | ||||
32 17/19p ordinary | Sale | 2,104 | 4.9599 GBP | ||||
32 17/19p ordinary | Sale | 2,057 | 4.9749 GBP | ||||
32 17/19p ordinary | Sale | 1,739 | 4.9410 GBP | ||||
32 17/19p ordinary | Sale | 1,706 | 4.9810 GBP | ||||
32 17/19p ordinary | Sale | 1,314 | 4.9903 GBP | ||||
32 17/19p ordinary | Sale | 1,212 | 4.9358 GBP | ||||
32 17/19p ordinary | Sale | 1,000 | 4.9017 GBP | ||||
32 17/19p ordinary | Sale | 843 | 4.9886 GBP | ||||
32 17/19p ordinary | Sale | 746 | 4.9478 GBP | ||||
32 17/19p ordinary | Sale | 700 | 4.9160 GBP | ||||
32 17/19p ordinary | Sale | 621 | 5.0150 GBP | ||||
32 17/19p ordinary | Sale | 556 | 5.0040 GBP | ||||
32 17/19p ordinary | Sale | 300 | 4.9615 GBP | ||||
32 17/19p ordinary | Sale | 271 | 4.9334 GBP | ||||
32 17/19p ordinary | Sale | 178 | 4.9796 GBP | ||||
32 17/19p ordinary | Sale | 141 | 4.9732 GBP | ||||
32 17/19p ordinary | Sale | 114 | 4.9311 GBP | ||||
32 17/19p ordinary | Sale | 71 | 4.9140 GBP | ||||
32 17/19p ordinary | Sale | 40 | 4.9790 GBP | ||||
32 17/19p ordinary | Sale | 39 | 5.0000 GBP | ||||
ADR | Sale | 30 | 13.2400 USD | ||||
32 17/19p ordinary | Sale | 22 | 4.9814 GBP | ||||
32 17/19p ordinary | Sale | 17 | 4.9820 GBP | ||||
32 17/19p ordinary | Sale | 12 | 4.9850 GBP | ||||
ADR | Sale | 10 | 13.1580 USD | ||||
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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 | 89,571 | 4.9223 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,212 | 4.9358 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,550 | 4.9460 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 746 | 4.9478 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 21,956 | 4.9494 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,085 | 4.9565 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 51,528 | 4.9660 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 20,532 | 4.9702 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 65,836 | 4.9723 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 59,170 | 4.9757 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 129,409 | 4.9777 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 932 | 4.9778 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 240,410 | 4.9780 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 50,092 | 4.9782 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,533 | 4.9783 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 39,000 | 4.9805 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,684 | 4.9810 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,538 | 4.9835 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,824 | 4.9849 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,955 | 4.9866 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,200 | 4.9885 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,634 | 4.9938 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 565 | 4.9314 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 182 | 4.9499 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 21,241 | 4.9523 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 788 | 4.9570 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 48,835 | 4.9595 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,720 | 4.9597 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 413,681 | 4.9636 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 121,185 | 4.9640 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 958 | 4.9737 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 115,941 | 4.9742 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,094 | 4.9745 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 70 | 4.9765 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 47,806 | 4.9776 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 41,880 | 4.9780 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 162,876 | 4.9781 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 25,710 | 4.9783 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,848 | 4.9787 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,873 | 4.9805 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 84,921 | 4.9834 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 674 | 4.9836 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,733 | 4.9839 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,314 | 4.9850 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,150 | 4.9928 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,645 | 4.9950 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 100 | 5.0000 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 400 | 5.0021 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 17,991 | 4.9419 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 468,566 | 4.9767 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,392 | 4.9776 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,554 | 4.9834 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 6,203 | 4.9909 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 7,364 | 4.9597 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 134,144 | 4.9780 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,392 | 4.9853 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,759 | 4.9893 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 2,721 | 4.9898 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 22,047 | 4.9958 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: | 23 Apr 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 | -120,781 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,570 | 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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