Form 8.3 - AVIVA PLC

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 positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

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:

29 Jan 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?

YES: DIRECT LINE INSURANCE GROUP PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

20,916,399

0.78%

20,224,235

0.76%

(2) Cash-settled derivatives:

3,101,745

0.12%

15,492,680

0.58%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

20,000

0.00%

486,680

0.02%

TOTAL: 

24,038,144

0.90%

36,203,595

1.35%

(b)

Rights to subscribe for new securities (including directors and other executive 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

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

32 17/19p ordinary

Purchase

375,335

5.1140 GBP

32 17/19p ordinary

Purchase

209,732

5.1129 GBP

32 17/19p ordinary

Purchase

174,236

5.1186 GBP

32 17/19p ordinary

Purchase

68,118

5.1116 GBP

32 17/19p ordinary

Purchase

65,490

5.1144 GBP

32 17/19p ordinary

Purchase

62,410

5.1160 GBP

32 17/19p ordinary

Purchase

55,814

5.1133 GBP

32 17/19p ordinary

Purchase

53,932

5.1131 GBP

32 17/19p ordinary

Purchase

47,236

5.1227 GBP

32 17/19p ordinary

Purchase

42,185

5.1139 GBP

32 17/19p ordinary

Purchase

36,200

5.1153 GBP

32 17/19p ordinary

Purchase

26,294

5.1064 GBP

32 17/19p ordinary

Purchase

26,257

5.1112 GBP

32 17/19p ordinary

Purchase

15,225

5.1007 GBP

32 17/19p ordinary

Purchase

11,320

5.1101 GBP

32 17/19p ordinary

Purchase

9,305

5.1092 GBP

32 17/19p ordinary

Purchase

8,787

5.1068 GBP

32 17/19p ordinary

Purchase

8,670

5.1130 GBP

32 17/19p ordinary

Purchase

8,532

5.1087 GBP

32 17/19p ordinary

Purchase

6,724

5.1085 GBP

32 17/19p ordinary

Purchase

6,114

5.1167 GBP

32 17/19p ordinary

Purchase

6,067

5.1142 GBP

32 17/19p ordinary

Purchase

5,964

5.1056 GBP

32 17/19p ordinary

Purchase

5,960

5.1113 GBP

32 17/19p ordinary

Purchase

3,667

5.1095 GBP

32 17/19p ordinary

Purchase

3,400

5.1134 GBP

32 17/19p ordinary

Purchase

2,585

5.1330 GBP

32 17/19p ordinary

Purchase

2,570

5.1122 GBP

32 17/19p ordinary

Purchase

1,979

5.1360 GBP

32 17/19p ordinary

Purchase

1,843

5.1106 GBP

32 17/19p ordinary

Purchase

1,841

5.1166 GBP

32 17/19p ordinary

Purchase

1,358

5.1020 GBP

32 17/19p ordinary

Purchase

707

5.1093 GBP

32 17/19p ordinary

Purchase

634

5.1210 GBP

32 17/19p ordinary

Purchase

592

5.1215 GBP

32 17/19p ordinary

Purchase

557

5.1088 GBP

32 17/19p ordinary

Purchase

502

5.1100 GBP

32 17/19p ordinary

Purchase

495

5.1400 GBP

32 17/19p ordinary

Purchase

464

5.1296 GBP

32 17/19p ordinary

Purchase

259

5.1097 GBP

32 17/19p ordinary

Purchase

251

5.1002 GBP

32 17/19p ordinary

Purchase

225

5.1060 GBP

32 17/19p ordinary

Purchase

159

5.1001 GBP

32 17/19p ordinary

Sale

393,005

5.1140 GBP

32 17/19p ordinary

Sale

134,986

5.1113 GBP

32 17/19p ordinary

Sale

77,443

5.1151 GBP

32 17/19p ordinary

Sale

53,924

5.1119 GBP

32 17/19p ordinary

Sale

46,154

5.1147 GBP

32 17/19p ordinary

Sale

42,753

5.1118 GBP

32 17/19p ordinary

Sale

36,509

5.1139 GBP

32 17/19p ordinary

Sale

29,947

5.1121 GBP

32 17/19p ordinary

Sale

26,327

5.1132 GBP

32 17/19p ordinary

Sale

21,502

5.1053 GBP

32 17/19p ordinary

Sale

17,572

5.1165 GBP

32 17/19p ordinary

Sale

16,222

5.1100 GBP

32 17/19p ordinary

Sale

15,340

5.1138 GBP

32 17/19p ordinary

Sale

4,914

5.1074 GBP

32 17/19p ordinary

Sale

4,603

5.1125 GBP

32 17/19p ordinary

Sale

4,312

5.1105 GBP

32 17/19p ordinary

Sale

4,283

5.1114 GBP

32 17/19p ordinary

Sale

4,108

5.1129 GBP

32 17/19p ordinary

Sale

3,487

5.1060 GBP

32 17/19p ordinary

Sale

3,459

5.1131 GBP

32 17/19p ordinary

Sale

3,105

5.1071 GBP

32 17/19p ordinary

Sale

2,704

5.1065 GBP

32 17/19p ordinary

Sale

2,343

5.1344 GBP

32 17/19p ordinary

Sale

1,483

5.1159 GBP

32 17/19p ordinary

Sale

1,315

5.1174 GBP

32 17/19p ordinary

Sale

1,259

5.1259 GBP

32 17/19p ordinary

Sale

1,250

5.0976 GBP

32 17/19p ordinary

Sale

1,040

5.1232 GBP

32 17/19p ordinary

Sale

1,038

5.1049 GBP

32 17/19p ordinary

Sale

1,015

5.1014 GBP

32 17/19p ordinary

Sale

856

5.1287 GBP

32 17/19p ordinary

Sale

554

5.1020 GBP

32 17/19p ordinary

Sale

505

5.1095 GBP

32 17/19p ordinary

Sale

402

5.1079 GBP

32 17/19p ordinary

Sale

377

5.1130 GBP

32 17/19p ordinary

Sale

244

5.1063 GBP

32 17/19p ordinary

Sale

225

5.1061 GBP

32 17/19p ordinary

Sale

196

5.1243 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

32 17/19p ordinary

SWAP

Increasing Long

36,777

5.1132 GBP

32 17/19p ordinary

SWAP

Decreasing Short

10

5.0900 GBP

32 17/19p ordinary

SWAP

Decreasing Short

21,502

5.1053 GBP

32 17/19p ordinary

SWAP

Decreasing Short

792

5.1059 GBP

32 17/19p ordinary

SWAP

Decreasing Short

244

5.1063 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,704

5.1065 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,914

5.1074 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,623

5.1076 GBP

32 17/19p ordinary

SWAP

Decreasing Short

402

5.1079 GBP

32 17/19p ordinary

SWAP

Decreasing Short

505

5.1095 GBP

32 17/19p ordinary

SWAP

Decreasing Short

672

5.1097 GBP

32 17/19p ordinary

SWAP

Decreasing Short

628

5.1099 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,312

5.1105 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,283

5.1114 GBP

32 17/19p ordinary

SWAP

Decreasing Short

62,404

5.1119 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,864

5.1120 GBP

32 17/19p ordinary

SWAP

Decreasing Short

14,573

5.1121 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,419

5.1125 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,108

5.1129 GBP

32 17/19p ordinary

SWAP

Decreasing Short

26,327

5.1132 GBP

32 17/19p ordinary

SWAP

Decreasing Short

14,869

5.1138 GBP

32 17/19p ordinary

SWAP

Decreasing Short

117,163

5.1139 GBP

32 17/19p ordinary

SWAP

Decreasing Short

286,032

5.1140 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,309

5.1161 GBP

32 17/19p ordinary

SWAP

Decreasing Short

306

5.1171 GBP

32 17/19p ordinary

SWAP

Decreasing Short

451

5.1172 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,315

5.1174 GBP

32 17/19p ordinary

SWAP

Increasing Short

410

5.1002 GBP

32 17/19p ordinary

SWAP

Increasing Short

804

5.1020 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,724

5.1085 GBP

32 17/19p ordinary

SWAP

Increasing Short

557

5.1088 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,305

5.1092 GBP

32 17/19p ordinary

SWAP

Increasing Short

707

5.1093 GBP

32 17/19p ordinary

SWAP

Increasing Short

5,623

5.1099 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,629

5.1101 GBP

32 17/19p ordinary

SWAP

Increasing Short

44,835

5.1107 GBP

32 17/19p ordinary

SWAP

Increasing Short

5,827

5.1110 GBP

32 17/19p ordinary

SWAP

Increasing Short

5,960

5.1113 GBP

32 17/19p ordinary

SWAP

Increasing Short

68,118

5.1116 GBP

32 17/19p ordinary

SWAP

Increasing Short

14,807

5.1117 GBP

32 17/19p ordinary

SWAP

Increasing Short

35,979

5.1129 GBP

32 17/19p ordinary

SWAP

Increasing Short

8,670

5.1130 GBP

32 17/19p ordinary

SWAP

Increasing Short

61,449

5.1131 GBP

32 17/19p ordinary

SWAP

Increasing Short

30,274

5.1138 GBP

32 17/19p ordinary

SWAP

Increasing Short

42,185

5.1139 GBP

32 17/19p ordinary

SWAP

Increasing Short

44,669

5.1140 GBP

32 17/19p ordinary

SWAP

Increasing Short

24,260

5.1142 GBP

32 17/19p ordinary

SWAP

Increasing Short

65,490

5.1144 GBP

32 17/19p ordinary

SWAP

Increasing Short

31,594

5.1145 GBP

32 17/19p ordinary

SWAP

Increasing Short

36,200

5.1153 GBP

32 17/19p ordinary

SWAP

Increasing Short

4,255

5.1172 GBP

32 17/19p ordinary

SWAP

Increasing Short

174,236

5.1186 GBP

32 17/19p ordinary

SWAP

Increasing Short

26,191

5.1243 GBP

32 17/19p ordinary

CFD

Increasing Long

8,922

5.0895 GBP

32 17/19p ordinary

CFD

Increasing Long

2,013

5.0896 GBP

32 17/19p ordinary

CFD

Increasing Long

1,038

5.1049 GBP

32 17/19p ordinary

CFD

Increasing Long

6,583

5.1056 GBP

32 17/19p ordinary

CFD

Increasing Long

69,772

5.1151 GBP

32 17/19p ordinary

CFD

Increasing Long

12,564

5.1174 GBP

32 17/19p ordinary

CFD

Decreasing Long

17,893

5.1070 GBP

32 17/19p ordinary

CFD

Decreasing Long

317,959

5.1140 GBP

32 17/19p ordinary

CFD

Decreasing Long

10,529

5.1141 GBP

32 17/19p ordinary

CFD

Decreasing Long

2,013

5.1143 GBP

32 17/19p ordinary

CFD

Decreasing Long

47,236

5.1228 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:

30 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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 are being disclosed:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities this from relates:

AVIVA PLC

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

Put Options

Purchased

-10,000

456.4800

American

19-Dec-25

32 17/19p ordinary

Call Options

Purchased

10,000

557.9200

American

19-Dec-25

32 17/19p ordinary

Call Options

Written

-241,314

4.4050

European

06-May-25

32 17/19p ordinary

Call Options

Written

-120,784

5.3305

European

06-Jun-25

32 17/19p ordinary

Call Options

Written

-104,582

5.3176

European

06-Jun-25

32 17/19p ordinary

Call Options

Written

-10,000

557.9200

American

19-Dec-25

32 17/19p ordinary

Put Options

Written

10,000

456.4800

American

19-Dec-25

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: