4th Jun 2025 11:26
FORM 8.3 Amendment - this form replaces RNS number 3186I published at 15:25 on 12/05/2025, changes made to section 2a and 3A | |||||||
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: | 09 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: | 10,136,681 | 0.38% | 17,625,365 | 0.66% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 17,053,900 | 0.64% | 9,374,729 | 0.35% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 225,370 | 0.01% | |||
TOTAL: | 27,190,581 | 1.02% | 27,225,464 | 1.02% | |||
(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 | 294,517 | 5.8299 GBP | ||||
32 17/19p ordinary | Purchase | 254,245 | 5.8580 GBP | ||||
32 17/19p ordinary | Purchase | 254,198 | 5.8579 GBP | ||||
32 17/19p ordinary | Purchase | 243,203 | 5.8060 GBP | ||||
32 17/19p ordinary | Purchase | 203,950 | 5.8407 GBP | ||||
32 17/19p ordinary | Purchase | 194,521 | 5.8180 GBP | ||||
32 17/19p ordinary | Purchase | 183,041 | 5.8393 GBP | ||||
32 17/19p ordinary | Purchase | 151,714 | 5.8311 GBP | ||||
32 17/19p ordinary | Purchase | 137,839 | 5.8340 GBP | ||||
32 17/19p ordinary | Purchase | 119,259 | 5.8358 GBP | ||||
32 17/19p ordinary | Purchase | 97,343 | 5.8560 GBP | ||||
32 17/19p ordinary | Purchase | 93,446 | 5.8293 GBP | ||||
32 17/19p ordinary | Purchase | 86,256 | 5.8530 GBP | ||||
32 17/19p ordinary | Purchase | 64,621 | 5.8243 GBP | ||||
32 17/19p ordinary | Purchase | 33,794 | 5.8333 GBP | ||||
32 17/19p ordinary | Purchase | 22,012 | 5.8192 GBP | ||||
32 17/19p ordinary | Purchase | 20,909 | 5.8525 GBP | ||||
32 17/19p ordinary | Purchase | 15,292 | 5.8047 GBP | ||||
32 17/19p ordinary | Purchase | 13,499 | 5.8342 GBP | ||||
32 17/19p ordinary | Purchase | 13,014 | 5.8276 GBP | ||||
32 17/19p ordinary | Purchase | 11,177 | 5.8402 GBP | ||||
32 17/19p ordinary | Purchase | 11,150 | 5.8534 GBP | ||||
32 17/19p ordinary | Purchase | 9,821 | 5.8527 GBP | ||||
32 17/19p ordinary | Purchase | 9,380 | 5.8416 GBP | ||||
32 17/19p ordinary | Purchase | 8,612 | 5.8498 GBP | ||||
32 17/19p ordinary | Purchase | 5,565 | 5.8540 GBP | ||||
32 17/19p ordinary | Purchase | 4,991 | 5.8506 GBP | ||||
32 17/19p ordinary | Purchase | 4,801 | 5.8264 GBP | ||||
32 17/19p ordinary | Purchase | 4,745 | 5.8552 GBP | ||||
32 17/19p ordinary | Purchase | 4,480 | 5.8550 GBP | ||||
32 17/19p ordinary | Purchase | 4,401 | 5.8413 GBP | ||||
32 17/19p ordinary | Purchase | 4,319 | 5.8376 GBP | ||||
32 17/19p ordinary | Purchase | 4,069 | 5.8294 GBP | ||||
32 17/19p ordinary | Purchase | 3,978 | 5.8538 GBP | ||||
32 17/19p ordinary | Purchase | 3,794 | 5.8030 GBP | ||||
32 17/19p ordinary | Purchase | 3,600 | 5.3305 GBP | ||||
32 17/19p ordinary | Purchase | 3,549 | 5.7935 GBP | ||||
32 17/19p ordinary | Purchase | 3,025 | 5.8460 GBP | ||||
32 17/19p ordinary | Purchase | 2,809 | 5.8576 GBP | ||||
32 17/19p ordinary | Purchase | 2,726 | 5.8251 GBP | ||||
32 17/19p ordinary | Purchase | 2,712 | 5.8516 GBP | ||||
32 17/19p ordinary | Purchase | 2,640 | 5.8500 GBP | ||||
32 17/19p ordinary | Purchase | 2,583 | 5.8399 GBP | ||||
32 17/19p ordinary | Purchase | 2,513 | 5.8547 GBP | ||||
32 17/19p ordinary | Purchase | 2,455 | 5.8570 GBP | ||||
32 17/19p ordinary | Purchase | 2,243 | 5.8536 GBP | ||||
32 17/19p ordinary | Purchase | 2,123 | 5.8569 GBP | ||||
32 17/19p ordinary | Purchase | 2,027 | 5.8553 GBP | ||||
32 17/19p ordinary | Purchase | 1,809 | 5.8130 GBP | ||||
32 17/19p ordinary | Purchase | 1,553 | 5.8581 GBP | ||||
32 17/19p ordinary | Purchase | 1,507 | 5.8472 GBP | ||||
32 17/19p ordinary | Purchase | 1,286 | 5.8555 GBP | ||||
32 17/19p ordinary | Purchase | 1,174 | 5.8480 GBP | ||||
32 17/19p ordinary | Purchase | 1,081 | 5.8059 GBP | ||||
32 17/19p ordinary | Purchase | 917 | 5.8490 GBP | ||||
32 17/19p ordinary | Purchase | 684 | 5.8520 GBP | ||||
ADR | Purchase | 636 | 15.6500 USD | ||||
32 17/19p ordinary | Purchase | 600 | 5.8590 GBP | ||||
32 17/19p ordinary | Purchase | 590 | 5.8080 GBP | ||||
32 17/19p ordinary | Purchase | 481 | 5.8160 GBP | ||||
32 17/19p ordinary | Purchase | 245 | 5.8360 GBP | ||||
32 17/19p ordinary | Purchase | 473 | 5.7954 GBP | ||||
32 17/19p ordinary | Purchase | 465 | 5.8483 GBP | ||||
32 17/19p ordinary | Purchase | 259 | 5.8040 GBP | ||||
32 17/19p ordinary | Purchase | 241 | 5.8510 GBP | ||||
32 17/19p ordinary | Purchase | 162 | 5.7880 GBP | ||||
32 17/19p ordinary | Purchase | 152 | 5.8328 GBP | ||||
32 17/19p ordinary | Purchase | 5 | 5.8310 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 5.8320 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 5.8420 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 5.8100 GBP | ||||
32 17/19p ordinary | Sale | 660,526 | 5.8487 GBP | ||||
32 17/19p ordinary | Sale | 259,385 | 5.8576 GBP | ||||
32 17/19p ordinary | Sale | 208,640 | 5.8407 GBP | ||||
32 17/19p ordinary | Sale | 183,284 | 5.8340 GBP | ||||
32 17/19p ordinary | Sale | 145,943 | 5.8358 GBP | ||||
32 17/19p ordinary | Sale | 78,756 | 5.8335 GBP | ||||
32 17/19p ordinary | Sale | 57,692 | 5.8348 GBP | ||||
32 17/19p ordinary | Sale | 56,762 | 5.8329 GBP | ||||
32 17/19p ordinary | Sale | 49,114 | 5.8268 GBP | ||||
32 17/19p ordinary | Sale | 47,617 | 5.8559 GBP | ||||
32 17/19p ordinary | Sale | 45,183 | 5.8352 GBP | ||||
32 17/19p ordinary | Sale | 44,109 | 5.8530 GBP | ||||
32 17/19p ordinary | Sale | 43,018 | 5.8506 GBP | ||||
32 17/19p ordinary | Sale | 42,327 | 5.8203 GBP | ||||
32 17/19p ordinary | Sale | 39,881 | 5.8376 GBP | ||||
32 17/19p ordinary | Sale | 26,031 | 5.8549 GBP | ||||
32 17/19p ordinary | Sale | 21,116 | 5.8075 GBP | ||||
32 17/19p ordinary | Sale | 19,872 | 5.8399 GBP | ||||
32 17/19p ordinary | Sale | 17,864 | 5.8331 GBP | ||||
32 17/19p ordinary | Sale | 15,175 | 5.8077 GBP | ||||
32 17/19p ordinary | Sale | 9,332 | 5.8277 GBP | ||||
32 17/19p ordinary | Sale | 7,385 | 5.8264 GBP | ||||
32 17/19p ordinary | Sale | 7,047 | 5.8330 GBP | ||||
32 17/19p ordinary | Sale | 5,133 | 5.8452 GBP | ||||
32 17/19p ordinary | Sale | 4,930 | 5.8150 GBP | ||||
32 17/19p ordinary | Sale | 4,433 | 5.8069 GBP | ||||
32 17/19p ordinary | Sale | 4,169 | 5.8339 GBP | ||||
32 17/19p ordinary | Sale | 3,783 | 5.8430 GBP | ||||
32 17/19p ordinary | Sale | 3,661 | 5.8263 GBP | ||||
32 17/19p ordinary | Sale | 3,498 | 5.8220 GBP | ||||
32 17/19p ordinary | Sale | 3,207 | 5.8213 GBP | ||||
32 17/19p ordinary | Sale | 2,702 | 5.8058 GBP | ||||
32 17/19p ordinary | Sale | 2,311 | 5.8560 GBP | ||||
32 17/19p ordinary | Sale | 2,038 | 5.8500 GBP | ||||
32 17/19p ordinary | Sale | 2,024 | 5.8374 GBP | ||||
32 17/19p ordinary | Sale | 1,507 | 5.8478 GBP | ||||
32 17/19p ordinary | Sale | 1,322 | 5.8322 GBP | ||||
32 17/19p ordinary | Sale | 1,095 | 5.8328 GBP | ||||
32 17/19p ordinary | Sale | 984 | 5.8570 GBP | ||||
32 17/19p ordinary | Sale | 969 | 5.8359 GBP | ||||
32 17/19p ordinary | Sale | 684 | 5.8520 GBP | ||||
ADR | Sale | 636 | 15.6500 USD | ||||
32 17/19p ordinary | Sale | 615 | 5.8460 GBP | ||||
32 17/19p ordinary | Sale | 591 | 5.8120 GBP | ||||
32 17/19p ordinary | Sale | 576 | 5.8440 GBP | ||||
32 17/19p ordinary | Sale | 531 | 5.8280 GBP | ||||
32 17/19p ordinary | Sale | 481 | 5.8160 GBP | ||||
32 17/19p ordinary | Sale | 479 | 5.8360 GBP | ||||
32 17/19p ordinary | Sale | 473 | 5.8140 GBP | ||||
32 17/19p ordinary | Sale | 473 | 5.7960 GBP | ||||
32 17/19p ordinary | Sale | 362 | 5.8119 GBP | ||||
32 17/19p ordinary | Sale | 352 | 5.8046 GBP | ||||
32 17/19p ordinary | Sale | 301 | 5.7980 GBP | ||||
32 17/19p ordinary | Sale | 248 | 5.8180 GBP | ||||
32 17/19p ordinary | Sale | 241 | 5.8511 GBP | ||||
32 17/19p ordinary | Sale | 241 | 5.8510 GBP | ||||
32 17/19p ordinary | Sale | 216 | 5.7946 GBP | ||||
32 17/19p ordinary | Sale | 46 | 5.8170 GBP | ||||
32 17/19p ordinary | Sale | 40 | 5.8019 GBP | ||||
32 17/19p ordinary | Sale | 5 | 5.8337 GBP | ||||
32 17/19p ordinary | Sale | 3 | 5.8320 GBP | ||||
32 17/19p ordinary | Sale | 3 | 5.8100 GBP | ||||
32 17/19p ordinary | Sale | 3 | 5.8420 GBP | ||||
32 17/19p ordinary | Sale | 2 | 5.8480 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 | 40 | 5.8019 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 8,018 | 5.8042 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,702 | 5.8058 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 362 | 5.8119 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,036 | 5.8138 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,930 | 5.8150 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 27,329 | 5.8263 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,095 | 5.8328 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 17,864 | 5.8331 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 78,756 | 5.8335 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 24,884 | 5.8337 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,169 | 5.8339 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,300 | 5.8340 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 12,887 | 5.8349 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 45,183 | 5.8352 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 18,189 | 5.8368 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 67 | 5.8375 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 21,692 | 5.8382 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 26,078 | 5.8384 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 18,011 | 5.8425 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,133 | 5.8452 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 43,018 | 5.8506 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,000 | 5.8562 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 162 | 5.7880 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,130 | 5.7892 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,419 | 5.8000 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,794 | 5.8030 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 243,203 | 5.8060 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 23,369 | 5.8129 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,425 | 5.8188 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 52,126 | 5.8254 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 93,446 | 5.8293 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,966 | 5.8309 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,148 | 5.8311 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 26,635 | 5.8315 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 17,268 | 5.8325 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,582 | 5.8326 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 77,558 | 5.8340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,499 | 5.8342 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,814 | 5.8362 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 26,385 | 5.8386 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,177 | 5.8402 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,733 | 5.8440 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 84,500 | 5.8464 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 465 | 5.8480 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 700 | 5.8154 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,300 | 5.8340 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,442 | 5.8335 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 8,420 | 5.8487 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 28,724 | 5.8548 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 4,442 | 5.7984 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 105,110 | 5.8345 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: | 06 Jun 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 | -120,791 | 5.3305 | European | 06-Jun-2026 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 5.3176 | European | 05-Jun-2026 | |
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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