2nd Jan 2025 07:43
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: | 31 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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| 22,098,935 | 0.83% | 17,143,433 | 0.64% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 3,055,282 | 0.11% | 18,265,874 | 0.68% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 788,919 | 0.03% |
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| TOTAL: |
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| 25,154,217 | 0.94% | 36,198,226 | 1.35% |
(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 | 90,584 | 4.6869 GBP | ||||
32 17/19p ordinary | Purchase | 73,745 | 4.6880 GBP | ||||
32 17/19p ordinary | Purchase | 46,889 | 4.6697 GBP | ||||
32 17/19p ordinary | Purchase | 36,593 | 4.6675 GBP | ||||
32 17/19p ordinary | Purchase | 20,900 | 4.6626 GBP | ||||
32 17/19p ordinary | Purchase | 12,913 | 4.6552 GBP | ||||
32 17/19p ordinary | Purchase | 12,337 | 4.6878 GBP | ||||
32 17/19p ordinary | Purchase | 10,295 | 4.6618 GBP | ||||
32 17/19p ordinary | Purchase | 5,613 | 4.6567 GBP | ||||
32 17/19p ordinary | Purchase | 4,602 | 4.6645 GBP | ||||
32 17/19p ordinary | Purchase | 3,200 | 4.6531 GBP | ||||
ADR | Purchase | 1,800 | 11.9000 USD | ||||
32 17/19p ordinary | Purchase | 1,743 | 4.6603 GBP | ||||
32 17/19p ordinary | Purchase | 1,535 | 4.6597 GBP | ||||
32 17/19p ordinary | Purchase | 1,503 | 4.6506 GBP | ||||
32 17/19p ordinary | Purchase | 1,307 | 4.6744 GBP | ||||
32 17/19p ordinary | Purchase | 1,239 | 4.6556 GBP | ||||
32 17/19p ordinary | Purchase | 1,135 | 4.6574 GBP | ||||
32 17/19p ordinary | Purchase | 676 | 4.6615 GBP | ||||
32 17/19p ordinary | Purchase | 589 | 4.6639 GBP | ||||
32 17/19p ordinary | Purchase | 514 | 4.6890 GBP | ||||
32 17/19p ordinary | Purchase | 505 | 4.6500 GBP | ||||
32 17/19p ordinary | Purchase | 475 | 4.6690 GBP | ||||
ADR | Purchase | 300 | 11.8500 USD | ||||
32 17/19p ordinary | Purchase | 215 | 4.6492 GBP | ||||
32 17/19p ordinary | Purchase | 90 | 4.6530 GBP | ||||
32 17/19p ordinary | Purchase | 57 | 4.6490 GBP | ||||
32 17/19p ordinary | Purchase | 55 | 4.6720 GBP | ||||
32 17/19p ordinary | Sale | 112,961 | 4.6856 GBP | ||||
32 17/19p ordinary | Sale | 112,243 | 4.6869 GBP | ||||
32 17/19p ordinary | Sale | 96,133 | 4.6880 GBP | ||||
32 17/19p ordinary | Sale | 40,006 | 4.6805 GBP | ||||
32 17/19p ordinary | Sale | 24,715 | 4.6798 GBP | ||||
32 17/19p ordinary | Sale | 13,618 | 4.6813 GBP | ||||
32 17/19p ordinary | Sale | 13,607 | 4.6698 GBP | ||||
32 17/19p ordinary | Sale | 12,337 | 4.6878 GBP | ||||
32 17/19p ordinary | Sale | 9,565 | 4.6807 GBP | ||||
32 17/19p ordinary | Sale | 8,894 | 4.6701 GBP | ||||
32 17/19p ordinary | Sale | 4,043 | 4.6649 GBP | ||||
32 17/19p ordinary | Sale | 3,019 | 4.6802 GBP | ||||
32 17/19p ordinary | Sale | 2,974 | 4.6636 GBP | ||||
32 17/19p ordinary | Sale | 2,957 | 4.6685 GBP | ||||
32 17/19p ordinary | Sale | 2,562 | 4.6812 GBP | ||||
32 17/19p ordinary | Sale | 2,537 | 4.6705 GBP | ||||
ADR | Sale | 1,800 | 11.9000 USD | ||||
32 17/19p ordinary | Sale | 1,239 | 4.6560 GBP | ||||
32 17/19p ordinary | Sale | 1,117 | 4.6728 GBP | ||||
32 17/19p ordinary | Sale | 777 | 4.6875 GBP | ||||
32 17/19p ordinary | Sale | 625 | 4.6855 GBP | ||||
32 17/19p ordinary | Sale | 514 | 4.6894 GBP | ||||
32 17/19p ordinary | Sale | 505 | 4.6500 GBP | ||||
32 17/19p ordinary | Sale | 475 | 4.6694 GBP | ||||
32 17/19p ordinary | Sale | 464 | 4.6670 GBP | ||||
32 17/19p ordinary | Sale | 461 | 4.6680 GBP | ||||
32 17/19p ordinary | Sale | 358 | 4.6800 GBP | ||||
ADR | Sale | 300 | 11.8500 USD | ||||
32 17/19p ordinary | Sale | 223 | 4.6890 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 |
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security |
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32 17/19p ordinary | SWAP | Decreasing Short | 6,580 | 4.6336 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 505 | 4.6500 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 88 | 4.6550 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,805 | 4.6676 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,317 | 4.6799 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,019 | 4.6802 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 44,366 | 4.6803 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 40,006 | 4.6805 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,565 | 4.6807 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,562 | 4.6813 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,880 | 4.6820 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,986 | 4.6822 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 777 | 4.6875 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 71,236 | 4.6880 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 41,221 | 4.6304 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,503 | 4.6506 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,161 | 4.6510 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,613 | 4.6517 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 552 | 4.6527 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,123 | 4.6528 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,752 | 4.6572 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,135 | 4.6574 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,535 | 4.6597 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,900 | 4.6626 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,593 | 4.6675 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,002 | 4.6696 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,373 | 4.6880 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,219 | 4.6659 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,974 | 4.6636 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 511 | 4.6739 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,010 | 4.6795 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 29,057 | 4.6875 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 542 | 4.6449 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,258 | 4.6497 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 5,295 | 4.6504 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 10,295 | 4.6618 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 511 | 4.6740 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 12,337 | 4.6878 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: | 01 Jan 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 | -322,240 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -241,314 | 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 | -104,576 | 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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