23rd May 2025 08:29
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 | AVIVA PLC | |||||
relevant securities this form relates: | |||||||
(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: | 13 May 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
disclosures in respect of any other party to the offer? | 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: | 10,506,362 | 0.39% | 17488075 | 1.02% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 16,855,362 | 0.63% | 9,817,162 | 0.37% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 225,370 | 0.01% | |||
TOTAL: | 27,361,724 | 1.02% | 27530607 | 1.40% | |||
(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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | securities | ||||||
32 17/19p ordinary | Purchase | 359,529 | 5.7400 GBP | ||||
32 17/19p ordinary | Purchase | 182,405 | 5.7392 GBP | ||||
32 17/19p ordinary | Purchase | 173,586 | 5.7160 GBP | ||||
32 17/19p ordinary | Purchase | 149,000 | 5.7399 GBP | ||||
32 17/19p ordinary | Purchase | 121,091 | 5.7433 GBP | ||||
32 17/19p ordinary | Purchase | 101,305 | 5.7337 GBP | ||||
32 17/19p ordinary | Purchase | 82,860 | 5.7333 GBP | ||||
32 17/19p ordinary | Purchase | 68,148 | 5.7405 GBP | ||||
32 17/19p ordinary | Purchase | 67,682 | 5.7461 GBP | ||||
32 17/19p ordinary | Purchase | 57,829 | 5.7276 GBP | ||||
32 17/19p ordinary | Purchase | 57,414 | 5.7362 GBP | ||||
32 17/19p ordinary | Purchase | 47,127 | 5.7420 GBP | ||||
32 17/19p ordinary | Purchase | 46,372 | 5.7317 GBP | ||||
32 17/19p ordinary | Purchase | 33,680 | 5.7191 GBP | ||||
32 17/19p ordinary | Purchase | 25,353 | 5.7376 GBP | ||||
32 17/19p ordinary | Purchase | 25,280 | 5.7201 GBP | ||||
32 17/19p ordinary | Purchase | 14,489 | 5.7274 GBP | ||||
32 17/19p ordinary | Purchase | 11,373 | 5.7421 GBP | ||||
32 17/19p ordinary | Purchase | 10,619 | 5.7327 GBP | ||||
32 17/19p ordinary | Purchase | 10,053 | 5.7308 GBP | ||||
32 17/19p ordinary | Purchase | 9,130 | 5.7478 GBP | ||||
32 17/19p ordinary | Purchase | 6,319 | 5.7377 GBP | ||||
32 17/19p ordinary | Purchase | 6,200 | 5.7476 GBP | ||||
32 17/19p ordinary | Purchase | 5,897 | 5.7441 GBP | ||||
32 17/19p ordinary | Purchase | 5,750 | 5.7379 GBP | ||||
32 17/19p ordinary | Purchase | 5,572 | 5.7404 GBP | ||||
32 17/19p ordinary | Purchase | 3,875 | 5.7390 GBP | ||||
32 17/19p ordinary | Purchase | 3,379 | 5.7345 GBP | ||||
32 17/19p ordinary | Purchase | 3,174 | 5.7332 GBP | ||||
ADR | Purchase | 2,940 | 15.3592 USD | ||||
32 17/19p ordinary | Purchase | 2,413 | 5.7483 GBP | ||||
32 17/19p ordinary | Purchase | 2,403 | 5.7418 GBP | ||||
32 17/19p ordinary | Purchase | 2,347 | 5.7380 GBP | ||||
32 17/19p ordinary | Purchase | 2,319 | 5.7517 GBP | ||||
32 17/19p ordinary | Purchase | 2,114 | 5.7328 GBP | ||||
32 17/19p ordinary | Purchase | 2,088 | 5.7381 GBP | ||||
32 17/19p ordinary | Purchase | 2,083 | 5.7425 GBP | ||||
32 17/19p ordinary | Purchase | 1,707 | 5.7180 GBP | ||||
32 17/19p ordinary | Purchase | 1,494 | 5.7500 GBP | ||||
32 17/19p ordinary | Purchase | 1,226 | 5.7240 GBP | ||||
32 17/19p ordinary | Purchase | 1,162 | 5.7440 GBP | ||||
32 17/19p ordinary | Purchase | 1,161 | 5.7505 GBP | ||||
32 17/19p ordinary | Purchase | 1,139 | 5.7580 GBP | ||||
32 17/19p ordinary | Purchase | 854 | 5.7480 GBP | ||||
32 17/19p ordinary | Purchase | 809 | 5.7198 GBP | ||||
32 17/19p ordinary | Purchase | 809 | 5.7200 GBP | ||||
ADR | Purchase | 800 | 15.4700 USD | ||||
32 17/19p ordinary | Purchase | 772 | 5.7391 GBP | ||||
32 17/19p ordinary | Purchase | 494 | 5.7460 GBP | ||||
32 17/19p ordinary | Purchase | 455 | 5.7434 GBP | ||||
32 17/19p ordinary | Purchase | 395 | 5.7220 GBP | ||||
32 17/19p ordinary | Purchase | 266 | 5.7310 GBP | ||||
32 17/19p ordinary | Purchase | 116 | 5.7450 GBP | ||||
32 17/19p ordinary | Purchase | 73 | 5.7280 GBP | ||||
32 17/19p ordinary | Purchase | 19 | 5.7600 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 5.7540 GBP | ||||
32 17/19p ordinary | Sale | 139,116 | 5.7420 GBP | ||||
32 17/19p ordinary | Sale | 133,228 | 5.7384 GBP | ||||
32 17/19p ordinary | Sale | 113,882 | 5.7430 GBP | ||||
32 17/19p ordinary | Sale | 110,747 | 5.7297 GBP | ||||
32 17/19p ordinary | Sale | 67,493 | 5.7414 GBP | ||||
32 17/19p ordinary | Sale | 36,122 | 5.7458 GBP | ||||
32 17/19p ordinary | Sale | 33,977 | 5.7377 GBP | ||||
32 17/19p ordinary | Sale | 32,957 | 5.7346 GBP | ||||
32 17/19p ordinary | Sale | 28,462 | 5.7410 GBP | ||||
32 17/19p ordinary | Sale | 27,626 | 5.7484 GBP | ||||
32 17/19p ordinary | Sale | 26,748 | 5.7331 GBP | ||||
32 17/19p ordinary | Sale | 23,827 | 5.7262 GBP | ||||
32 17/19p ordinary | Sale | 23,022 | 5.7411 GBP | ||||
32 17/19p ordinary | Sale | 22,468 | 5.7405 GBP | ||||
32 17/19p ordinary | Sale | 22,104 | 5.7450 GBP | ||||
32 17/19p ordinary | Sale | 13,979 | 5.7300 GBP | ||||
32 17/19p ordinary | Sale | 13,228 | 5.7383 GBP | ||||
32 17/19p ordinary | Sale | 11,978 | 5.7342 GBP | ||||
32 17/19p ordinary | Sale | 11,617 | 5.7415 GBP | ||||
32 17/19p ordinary | Sale | 11,581 | 5.7356 GBP | ||||
32 17/19p ordinary | Sale | 10,525 | 5.7329 GBP | ||||
32 17/19p ordinary | Sale | 10,521 | 5.7298 GBP | ||||
32 17/19p ordinary | Sale | 9,660 | 5.7471 GBP | ||||
32 17/19p ordinary | Sale | 8,238 | 5.7361 GBP | ||||
32 17/19p ordinary | Sale | 7,776 | 5.7397 GBP | ||||
32 17/19p ordinary | Sale | 6,598 | 5.7360 GBP | ||||
32 17/19p ordinary | Sale | 6,496 | 5.7327 GBP | ||||
32 17/19p ordinary | Sale | 6,301 | 5.7500 GBP | ||||
32 17/19p ordinary | Sale | 5,800 | 5.7388 GBP | ||||
32 17/19p ordinary | Sale | 5,637 | 5.7221 GBP | ||||
32 17/19p ordinary | Sale | 5,512 | 5.7330 GBP | ||||
32 17/19p ordinary | Sale | 4,835 | 5.7540 GBP | ||||
32 17/19p ordinary | Sale | 4,774 | 5.7583 GBP | ||||
32 17/19p ordinary | Sale | 4,626 | 5.7394 GBP | ||||
32 17/19p ordinary | Sale | 4,614 | 5.7287 GBP | ||||
32 17/19p ordinary | Sale | 4,354 | 5.7266 GBP | ||||
32 17/19p ordinary | Sale | 3,908 | 5.7158 GBP | ||||
32 17/19p ordinary | Sale | 3,591 | 5.7375 GBP | ||||
ADR | Sale | 2,940 | 15.3592 USD | ||||
32 17/19p ordinary | Sale | 2,810 | 5.7419 GBP | ||||
32 17/19p ordinary | Sale | 2,532 | 5.7308 GBP | ||||
32 17/19p ordinary | Sale | 2,301 | 5.7445 GBP | ||||
32 17/19p ordinary | Sale | 2,295 | 5.7470 GBP | ||||
32 17/19p ordinary | Sale | 2,262 | 5.7480 GBP | ||||
32 17/19p ordinary | Sale | 2,193 | 5.7519 GBP | ||||
32 17/19p ordinary | Sale | 2,187 | 5.7180 GBP | ||||
32 17/19p ordinary | Sale | 1,953 | 5.7451 GBP | ||||
32 17/19p ordinary | Sale | 1,905 | 5.7568 GBP | ||||
32 17/19p ordinary | Sale | 1,573 | 5.7240 GBP | ||||
32 17/19p ordinary | Sale | 1,139 | 5.7580 GBP | ||||
32 17/19p ordinary | Sale | 1,115 | 5.7440 GBP | ||||
32 17/19p ordinary | Sale | 1,093 | 5.7380 GBP | ||||
32 17/19p ordinary | Sale | 1,041 | 5.7483 GBP | ||||
32 17/19p ordinary | Sale | 945 | 5.7200 GBP | ||||
32 17/19p ordinary | Sale | 904 | 5.7390 GBP | ||||
32 17/19p ordinary | Sale | 869 | 5.7140 GBP | ||||
ADR | Sale | 800 | 15.4700 USD | ||||
32 17/19p ordinary | Sale | 736 | 5.7474 GBP | ||||
32 17/19p ordinary | Sale | 668 | 5.7444 GBP | ||||
32 17/19p ordinary | Sale | 575 | 5.7393 GBP | ||||
32 17/19p ordinary | Sale | 550 | 5.7400 GBP | ||||
32 17/19p ordinary | Sale | 524 | 5.7340 GBP | ||||
32 17/19p ordinary | Sale | 508 | 5.7198 GBP | ||||
32 17/19p ordinary | Sale | 494 | 5.7460 GBP | ||||
32 17/19p ordinary | Sale | 472 | 5.7280 GBP | ||||
32 17/19p ordinary | Sale | 395 | 5.7220 GBP | ||||
32 17/19p ordinary | Sale | 338 | 5.7579 GBP | ||||
32 17/19p ordinary | Sale | 293 | 5.7290 GBP | ||||
32 17/19p ordinary | Sale | 266 | 5.7310 GBP | ||||
32 17/19p ordinary | Sale | 126 | 5.7611 GBP | ||||
32 17/19p ordinary | Sale | 101 | 5.7399 GBP | ||||
32 17/19p ordinary | Sale | 19 | 5.7605 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
32 17/19p ordinary | SWAP | Increasing Long | 6,450 | 5.7170 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 14,328 | 5.7298 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,532 | 5.7308 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,800 | 5.7380 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 13,228 | 5.7383 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,022 | 5.7395 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,022 | 5.7411 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,547 | 5.7415 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 22,947 | 5.7416 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 76,511 | 5.7420 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,965 | 5.7424 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 75,422 | 5.7428 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,301 | 5.7445 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 20,496 | 5.7450 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,953 | 5.7451 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 9,660 | 5.7471 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 338 | 5.7500 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,406 | 5.7579 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,706 | 5.7584 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 173,586 | 5.7160 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10,371 | 5.7312 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,426 | 5.7321 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10,619 | 5.7327 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,114 | 5.7328 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,555 | 5.7331 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 168,239 | 5.7337 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 12,631 | 5.7346 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 67,324 | 5.7348 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 57,414 | 5.7362 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,088 | 5.7381 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,850 | 5.7387 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,794 | 5.7390 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 60,134 | 5.7406 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 141,058 | 5.7420 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,373 | 5.7421 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 77,061 | 5.7422 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 37,658 | 5.7428 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 455 | 5.7434 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 21,570 | 5.7436 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 589 | 5.7253 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 966 | 5.7375 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,974 | 5.7417 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 18,968 | 5.7475 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 16,659 | 5.7329 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 100,340 | 5.7406 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 8,987 | 5.7424 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 328 | 5.7496 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | date | money | |
relevant | selling, | securities | per unit | paid/ | |||
security | varying etc | to which | received | ||||
option | per unit | ||||||
relates | |||||||
(ii) | Exercising | ||||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | securities | unit | |||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | 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 exempt principal trader 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: | 23 May 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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: | |||||||
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 | -120,790 | 5.3305 | European | 26 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,580 | 5.3176 | European | 25 Jun 2025 | |
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: | |||||||
Related Shares:
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