5th Dec 2024 14:46
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: | 04 Dec 2024 | |||||
(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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| 24,221,442 | 0.90% | 22,058,865 | 0.82% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,671,905 | 0.06% | 22,013,747 | 0.82% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,099,483 | 0.04% |
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| TOTAL: |
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| 25,893,347 | 0.97% | 45,172,095 | 1.69% |
(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 | 1,444,361 | 4.7912 GBP | ||||
32 17/19p ordinary | Purchase | 289,241 | 4.8034 GBP | ||||
32 17/19p ordinary | Purchase | 273,482 | 4.8040 GBP | ||||
32 17/19p ordinary | Purchase | 213,777 | 4.8020 GBP | ||||
32 17/19p ordinary | Purchase | 118,718 | 4.7904 GBP | ||||
32 17/19p ordinary | Purchase | 61,059 | 4.7886 GBP | ||||
32 17/19p ordinary | Purchase | 60,000 | 4.7794 GBP | ||||
32 17/19p ordinary | Purchase | 58,300 | 4.7862 GBP | ||||
32 17/19p ordinary | Purchase | 52,019 | 4.7864 GBP | ||||
32 17/19p ordinary | Purchase | 37,957 | 4.7760 GBP | ||||
32 17/19p ordinary | Purchase | 34,906 | 4.7898 GBP | ||||
32 17/19p ordinary | Purchase | 29,201 | 4.7957 GBP | ||||
32 17/19p ordinary | Purchase | 25,616 | 4.7913 GBP | ||||
32 17/19p ordinary | Purchase | 18,646 | 4.7724 GBP | ||||
32 17/19p ordinary | Purchase | 14,125 | 4.7791 GBP | ||||
32 17/19p ordinary | Purchase | 10,848 | 4.8024 GBP | ||||
32 17/19p ordinary | Purchase | 9,471 | 4.7915 GBP | ||||
32 17/19p ordinary | Purchase | 9,091 | 4.7927 GBP | ||||
32 17/19p ordinary | Purchase | 7,562 | 4.7971 GBP | ||||
32 17/19p ordinary | Purchase | 5,528 | 4.7802 GBP | ||||
32 17/19p ordinary | Purchase | 4,822 | 4.7932 GBP | ||||
32 17/19p ordinary | Purchase | 3,875 | 4.7846 GBP | ||||
32 17/19p ordinary | Purchase | 3,612 | 4.7872 GBP | ||||
ADR | Purchase | 3,600 | 12.3200 USD | ||||
32 17/19p ordinary | Purchase | 1,844 | 4.7659 GBP | ||||
32 17/19p ordinary | Purchase | 1,742 | 4.7919 GBP | ||||
32 17/19p ordinary | Purchase | 1,393 | 4.7935 GBP | ||||
32 17/19p ordinary | Purchase | 1,280 | 4.7810 GBP | ||||
32 17/19p ordinary | Purchase | 1,248 | 4.7815 GBP | ||||
32 17/19p ordinary | Purchase | 1,148 | 4.7776 GBP | ||||
32 17/19p ordinary | Purchase | 1,032 | 4.7902 GBP | ||||
32 17/19p ordinary | Purchase | 910 | 4.7620 GBP | ||||
32 17/19p ordinary | Purchase | 824 | 4.8038 GBP | ||||
32 17/19p ordinary | Purchase | 612 | 4.7805 GBP | ||||
32 17/19p ordinary | Purchase | 605 | 4.7965 GBP | ||||
32 17/19p ordinary | Purchase | 408 | 4.7970 GBP | ||||
32 17/19p ordinary | Purchase | 360 | 4.7920 GBP | ||||
32 17/19p ordinary | Purchase | 348 | 4.7900 GBP | ||||
32 17/19p ordinary | Purchase | 132 | 4.7925 GBP | ||||
32 17/19p ordinary | Purchase | 55 | 4.8030 GBP | ||||
32 17/19p ordinary | Purchase | 30 | 4.7700 GBP | ||||
32 17/19p ordinary | Purchase | 20 | 4.8000 GBP | ||||
32 17/19p ordinary | Purchase | 18 | 4.7575 GBP | ||||
32 17/19p ordinary | Purchase | 10 | 4.7950 GBP | ||||
32 17/19p ordinary | Sale | 1,178,045 | 4.7925 GBP | ||||
32 17/19p ordinary | Sale | 497,803 | 4.8040 GBP | ||||
32 17/19p ordinary | Sale | 311,458 | 4.7988 GBP | ||||
32 17/19p ordinary | Sale | 149,575 | 4.8017 GBP | ||||
32 17/19p ordinary | Sale | 81,089 | 4.7971 GBP | ||||
32 17/19p ordinary | Sale | 79,834 | 4.7840 GBP | ||||
32 17/19p ordinary | Sale | 63,009 | 4.7974 GBP | ||||
32 17/19p ordinary | Sale | 60,426 | 4.8044 GBP | ||||
32 17/19p ordinary | Sale | 52,431 | 4.7949 GBP | ||||
32 17/19p ordinary | Sale | 41,821 | 4.7703 GBP | ||||
32 17/19p ordinary | Sale | 29,398 | 4.7821 GBP | ||||
32 17/19p ordinary | Sale | 25,486 | 4.7946 GBP | ||||
32 17/19p ordinary | Sale | 22,684 | 4.7984 GBP | ||||
32 17/19p ordinary | Sale | 22,063 | 4.7962 GBP | ||||
32 17/19p ordinary | Sale | 18,989 | 4.8010 GBP | ||||
32 17/19p ordinary | Sale | 16,063 | 4.7968 GBP | ||||
32 17/19p ordinary | Sale | 14,196 | 4.8016 GBP | ||||
32 17/19p ordinary | Sale | 14,019 | 4.7975 GBP | ||||
32 17/19p ordinary | Sale | 12,040 | 4.7998 GBP | ||||
32 17/19p ordinary | Sale | 11,149 | 4.7730 GBP | ||||
32 17/19p ordinary | Sale | 9,591 | 4.7762 GBP | ||||
32 17/19p ordinary | Sale | 9,417 | 4.7980 GBP | ||||
32 17/19p ordinary | Sale | 8,793 | 4.7963 GBP | ||||
32 17/19p ordinary | Sale | 8,620 | 4.7913 GBP | ||||
32 17/19p ordinary | Sale | 7,970 | 4.7871 GBP | ||||
32 17/19p ordinary | Sale | 6,408 | 4.7696 GBP | ||||
32 17/19p ordinary | Sale | 6,376 | 4.7882 GBP | ||||
32 17/19p ordinary | Sale | 6,086 | 4.8008 GBP | ||||
32 17/19p ordinary | Sale | 5,757 | 4.8009 GBP | ||||
32 17/19p ordinary | Sale | 5,531 | 4.7957 GBP | ||||
32 17/19p ordinary | Sale | 4,720 | 4.7837 GBP | ||||
32 17/19p ordinary | Sale | 3,973 | 4.8005 GBP | ||||
ADR | Sale | 3,600 | 12.3200 USD | ||||
32 17/19p ordinary | Sale | 3,027 | 4.7973 GBP | ||||
32 17/19p ordinary | Sale | 2,703 | 4.7907 GBP | ||||
32 17/19p ordinary | Sale | 2,682 | 4.7933 GBP | ||||
32 17/19p ordinary | Sale | 2,640 | 4.7964 GBP | ||||
32 17/19p ordinary | Sale | 2,199 | 4.8012 GBP | ||||
32 17/19p ordinary | Sale | 1,687 | 4.7982 GBP | ||||
32 17/19p ordinary | Sale | 1,508 | 4.7820 GBP | ||||
32 17/19p ordinary | Sale | 1,430 | 4.7930 GBP | ||||
32 17/19p ordinary | Sale | 1,361 | 4.7961 GBP | ||||
32 17/19p ordinary | Sale | 1,241 | 4.8014 GBP | ||||
32 17/19p ordinary | Sale | 1,220 | 4.8020 GBP | ||||
32 17/19p ordinary | Sale | 1,146 | 4.7890 GBP | ||||
32 17/19p ordinary | Sale | 799 | 4.7920 GBP | ||||
32 17/19p ordinary | Sale | 606 | 4.7710 GBP | ||||
32 17/19p ordinary | Sale | 366 | 4.7829 GBP | ||||
32 17/19p ordinary | Sale | 275 | 4.7880 GBP | ||||
32 17/19p ordinary | Sale | 208 | 4.7970 GBP | ||||
32 17/19p ordinary | Sale | 140 | 4.7885 GBP | ||||
32 17/19p ordinary | Sale | 119 | 4.7910 GBP | ||||
32 17/19p ordinary | Sale | 55 | 4.8030 GBP | ||||
32 17/19p ordinary | Sale | 30 | 4.7700 GBP | ||||
32 17/19p ordinary | Sale | 10 | 4.7950 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 | 30,062 | 4.7959 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,019 | 4.7721 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 366 | 4.7829 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,562 | 4.7866 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,703 | 4.7907 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 119 | 4.7910 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,184 | 4.7932 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,524 | 4.7942 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,031 | 4.7948 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,823 | 4.7952 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,319 | 4.7962 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,023 | 4.7969 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,421 | 4.7980 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,040 | 4.7998 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,252 | 4.8000 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,989 | 4.8010 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,994 | 4.8023 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 366,621 | 4.8040 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 139 | 4.7760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,828 | 4.7816 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,000 | 4.7828 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,060 | 4.7851 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 107,491 | 4.7864 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 32,235 | 4.7883 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,376 | 4.7885 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 44,339 | 4.7888 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,181 | 4.7896 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 34,906 | 4.7898 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,900 | 4.7900 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 27,207 | 4.7918 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,743 | 4.7974 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20 | 4.8000 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 824 | 4.8038 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 70,821 | 4.8040 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 59,120 | 4.8042 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,485 | 4.7964 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 79,834 | 4.7840 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 7,599 | 4.7865 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,424 | 4.7955 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,780 | 4.7985 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 22,424 | 4.8040 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 5,645 | 4.7623 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 61,057 | 4.7766 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 25,616 | 4.7913 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,686 | 4.7958 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,914 | 4.7965 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 6 | 4.8033 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 31,788 | 4.8039 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 22,424 | 4.8040 GBP | |||
32 17/19p ordinary | SWAP | Closing Long | 2,139 | 4.7947 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: | 05 Dec 2024 | ||||||
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 | -322,247 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -310,551 | 4.5547 | European | 23 Dec 2024 | |
32 17/19p ordinary | Call Options | Written | -241,318 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,789 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 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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