30th May 2025 15:12
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: | 29 May 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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| 5,092,370 | 0.19% | 18,296,442 | 0.68% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 17,017,554 | 0.64% | 4,137,481 | 0.15% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,368 | 0.01% |
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| TOTAL: |
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| 22,109,924 | 0.83% | 22,659,291 | 0.85% |
(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 | 266,796 | 6.1398 GBP | ||||
32 17/19p ordinary | Purchase | 181,011 | 6.1450 GBP | ||||
32 17/19p ordinary | Purchase | 121,484 | 6.1299 GBP | ||||
32 17/19p ordinary | Purchase | 92,400 | 6.1215 GBP | ||||
32 17/19p ordinary | Purchase | 89,111 | 6.1340 GBP | ||||
32 17/19p ordinary | Purchase | 72,150 | 6.1460 GBP | ||||
32 17/19p ordinary | Purchase | 71,465 | 6.0999 GBP | ||||
32 17/19p ordinary | Purchase | 54,582 | 6.1163 GBP | ||||
32 17/19p ordinary | Purchase | 48,135 | 6.1166 GBP | ||||
32 17/19p ordinary | Purchase | 41,706 | 6.1308 GBP | ||||
32 17/19p ordinary | Purchase | 39,885 | 6.1156 GBP | ||||
32 17/19p ordinary | Purchase | 26,264 | 6.1229 GBP | ||||
32 17/19p ordinary | Purchase | 23,939 | 6.1363 GBP | ||||
32 17/19p ordinary | Purchase | 22,570 | 6.1327 GBP | ||||
32 17/19p ordinary | Purchase | 21,231 | 6.1187 GBP | ||||
32 17/19p ordinary | Purchase | 13,828 | 6.1313 GBP | ||||
32 17/19p ordinary | Purchase | 13,621 | 6.1302 GBP | ||||
32 17/19p ordinary | Purchase | 13,361 | 6.1136 GBP | ||||
32 17/19p ordinary | Purchase | 12,168 | 6.1233 GBP | ||||
32 17/19p ordinary | Purchase | 11,702 | 6.1272 GBP | ||||
32 17/19p ordinary | Purchase | 11,489 | 6.1283 GBP | ||||
32 17/19p ordinary | Purchase | 11,169 | 6.1199 GBP | ||||
32 17/19p ordinary | Purchase | 10,241 | 6.1131 GBP | ||||
32 17/19p ordinary | Purchase | 7,551 | 6.1248 GBP | ||||
32 17/19p ordinary | Purchase | 4,908 | 6.1180 GBP | ||||
32 17/19p ordinary | Purchase | 4,176 | 6.1240 GBP | ||||
32 17/19p ordinary | Purchase | 3,939 | 6.1278 GBP | ||||
32 17/19p ordinary | Purchase | 3,514 | 6.1263 GBP | ||||
32 17/19p ordinary | Purchase | 3,059 | 6.1243 GBP | ||||
32 17/19p ordinary | Purchase | 2,980 | 6.1078 GBP | ||||
32 17/19p ordinary | Purchase | 2,957 | 6.1469 GBP | ||||
32 17/19p ordinary | Purchase | 2,736 | 6.1329 GBP | ||||
32 17/19p ordinary | Purchase | 2,556 | 6.1135 GBP | ||||
32 17/19p ordinary | Purchase | 2,175 | 6.1065 GBP | ||||
32 17/19p ordinary | Purchase | 2,153 | 6.1400 GBP | ||||
32 17/19p ordinary | Purchase | 1,564 | 6.1370 GBP | ||||
32 17/19p ordinary | Purchase | 1,561 | 6.1275 GBP | ||||
32 17/19p ordinary | Purchase | 1,552 | 6.1346 GBP | ||||
32 17/19p ordinary | Purchase | 1,500 | 6.1063 GBP | ||||
32 17/19p ordinary | Purchase | 1,421 | 6.0993 GBP | ||||
32 17/19p ordinary | Purchase | 1,393 | 6.1190 GBP | ||||
32 17/19p ordinary | Purchase | 1,363 | 6.1098 GBP | ||||
32 17/19p ordinary | Purchase | 1,326 | 6.1336 GBP | ||||
32 17/19p ordinary | Purchase | 962 | 6.1350 GBP | ||||
32 17/19p ordinary | Purchase | 862 | 6.1018 GBP | ||||
32 17/19p ordinary | Purchase | 830 | 6.1420 GBP | ||||
ADR | Purchase | 792 | 16.7311 USD | ||||
32 17/19p ordinary | Purchase | 528 | 6.1260 GBP | ||||
32 17/19p ordinary | Purchase | 508 | 6.1430 GBP | ||||
32 17/19p ordinary | Purchase | 506 | 6.1130 GBP | ||||
32 17/19p ordinary | Purchase | 505 | 6.1390 GBP | ||||
32 17/19p ordinary | Purchase | 444 | 6.1310 GBP | ||||
32 17/19p ordinary | Purchase | 433 | 6.1500 GBP | ||||
32 17/19p ordinary | Purchase | 417 | 6.1280 GBP | ||||
32 17/19p ordinary | Purchase | 381 | 6.1360 GBP | ||||
32 17/19p ordinary | Purchase | 267 | 6.0780 GBP | ||||
32 17/19p ordinary | Purchase | 244 | 6.1000 GBP | ||||
32 17/19p ordinary | Purchase | 178 | 6.1140 GBP | ||||
32 17/19p ordinary | Purchase | 110 | 6.1160 GBP | ||||
32 17/19p ordinary | Purchase | 15 | 6.1380 GBP | ||||
32 17/19p ordinary | Sale | 1,047,621 | 6.1270 GBP | ||||
32 17/19p ordinary | Sale | 388,531 | 6.1460 GBP | ||||
32 17/19p ordinary | Sale | 350,768 | 6.1453 GBP | ||||
32 17/19p ordinary | Sale | 216,217 | 6.1448 GBP | ||||
32 17/19p ordinary | Sale | 126,030 | 6.1299 GBP | ||||
32 17/19p ordinary | Sale | 83,097 | 6.1325 GBP | ||||
32 17/19p ordinary | Sale | 76,053 | 6.1324 GBP | ||||
32 17/19p ordinary | Sale | 58,968 | 6.1172 GBP | ||||
32 17/19p ordinary | Sale | 57,560 | 6.1347 GBP | ||||
32 17/19p ordinary | Sale | 50,328 | 6.1346 GBP | ||||
32 17/19p ordinary | Sale | 49,306 | 6.1340 GBP | ||||
32 17/19p ordinary | Sale | 36,723 | 6.1445 GBP | ||||
32 17/19p ordinary | Sale | 36,245 | 6.1375 GBP | ||||
32 17/19p ordinary | Sale | 18,373 | 6.1188 GBP | ||||
32 17/19p ordinary | Sale | 16,013 | 6.1332 GBP | ||||
32 17/19p ordinary | Sale | 13,696 | 6.1447 GBP | ||||
32 17/19p ordinary | Sale | 5,403 | 6.1287 GBP | ||||
32 17/19p ordinary | Sale | 5,184 | 6.1391 GBP | ||||
32 17/19p ordinary | Sale | 5,176 | 6.1338 GBP | ||||
32 17/19p ordinary | Sale | 5,106 | 6.1240 GBP | ||||
32 17/19p ordinary | Sale | 5,003 | 6.1360 GBP | ||||
32 17/19p ordinary | Sale | 4,436 | 6.1395 GBP | ||||
32 17/19p ordinary | Sale | 3,965 | 6.1190 GBP | ||||
32 17/19p ordinary | Sale | 3,709 | 6.1239 GBP | ||||
32 17/19p ordinary | Sale | 3,289 | 6.1372 GBP | ||||
32 17/19p ordinary | Sale | 3,128 | 6.1380 GBP | ||||
32 17/19p ordinary | Sale | 2,914 | 6.0995 GBP | ||||
32 17/19p ordinary | Sale | 2,815 | 6.1368 GBP | ||||
32 17/19p ordinary | Sale | 2,799 | 6.1322 GBP | ||||
32 17/19p ordinary | Sale | 2,492 | 6.1323 GBP | ||||
32 17/19p ordinary | Sale | 2,245 | 6.1400 GBP | ||||
32 17/19p ordinary | Sale | 2,063 | 6.1307 GBP | ||||
32 17/19p ordinary | Sale | 1,708 | 6.1161 GBP | ||||
32 17/19p ordinary | Sale | 1,564 | 6.1370 GBP | ||||
32 17/19p ordinary | Sale | 1,528 | 6.1228 GBP | ||||
32 17/19p ordinary | Sale | 1,463 | 6.1148 GBP | ||||
32 17/19p ordinary | Sale | 1,363 | 6.1160 GBP | ||||
32 17/19p ordinary | Sale | 1,255 | 6.1180 GBP | ||||
32 17/19p ordinary | Sale | 1,255 | 6.1186 GBP | ||||
32 17/19p ordinary | Sale | 1,253 | 6.1300 GBP | ||||
32 17/19p ordinary | Sale | 1,252 | 6.1133 GBP | ||||
32 17/19p ordinary | Sale | 965 | 6.1144 GBP | ||||
32 17/19p ordinary | Sale | 951 | 6.1222 GBP | ||||
32 17/19p ordinary | Sale | 924 | 6.1428 GBP | ||||
ADR | Sale | 792 | 16.7311 USD | ||||
32 17/19p ordinary | Sale | 528 | 6.1260 GBP | ||||
32 17/19p ordinary | Sale | 518 | 6.1367 GBP | ||||
32 17/19p ordinary | Sale | 508 | 6.1430 GBP | ||||
32 17/19p ordinary | Sale | 506 | 6.1350 GBP | ||||
32 17/19p ordinary | Sale | 505 | 6.1396 GBP | ||||
32 17/19p ordinary | Sale | 457 | 6.1060 GBP | ||||
32 17/19p ordinary | Sale | 444 | 6.1436 GBP | ||||
32 17/19p ordinary | Sale | 444 | 6.1310 GBP | ||||
32 17/19p ordinary | Sale | 433 | 6.1500 GBP | ||||
32 17/19p ordinary | Sale | 417 | 6.1280 GBP | ||||
32 17/19p ordinary | Sale | 178 | 6.1140 GBP | ||||
32 17/19p ordinary | Sale | 122 | 6.1000 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 | 2,914 | 6.0995 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 18,373 | 6.1188 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,047,621 | 6.1270 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 19,717 | 6.1318 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,799 | 6.1322 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,103 | 6.1323 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 75,442 | 6.1324 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 83,097 | 6.1325 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 16,013 | 6.1332 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 30,852 | 6.1340 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 50,328 | 6.1346 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 57,560 | 6.1347 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 947 | 6.1351 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,663 | 6.1353 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,157 | 6.1357 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,333 | 6.1368 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,289 | 6.1372 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 20,126 | 6.1391 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,436 | 6.1395 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 36,723 | 6.1445 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,188 | 6.1447 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 49,794 | 6.1448 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 27,179 | 6.1452 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 6,367 | 6.1456 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 490,309 | 6.1460 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 862 | 6.1018 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,020 | 6.1119 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,848 | 6.1136 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 39,885 | 6.1156 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 54,582 | 6.1163 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 413 | 6.1165 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 21,320 | 6.1200 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 92,400 | 6.1215 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,238 | 6.1240 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 47,018 | 6.1247 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 15,267 | 6.1265 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,489 | 6.1283 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,828 | 6.1313 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 89,111 | 6.1340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 198,945 | 6.1407 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 38,384 | 6.1442 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,300 | 6.1447 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,145 | 6.1456 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,957 | 6.1469 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 700 | 6.1326 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,247 | 6.1235 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 160 | 6.1360 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,128 | 6.1379 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 15,814 | 6.1402 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 16 | 6.1437 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 32,750 | 6.1455 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 102,862 | 6.1459 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,480 | 6.1460 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 161 | 6.0934 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 20,793 | 6.1210 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 4,176 | 6.1239 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,003 | 6.1244 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 27,671 | 6.1253 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,193 | 6.1258 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,026 | 6.1316 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 16,154 | 6.1359 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 14 | 6.1421 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 4,247 | 6.1464 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,471 | 6.1333 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: | 30 May 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 | -120,788 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,580 | 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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