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Form 8.3 AVIVA PLC

14th Mar 2025 14:09

RNS Number : 7900A
Barclays PLC
14 March 2025
 

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 Mar 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:

 

 

17,224,783

0.64%

20,170,793

0.75%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

16,182,818

0.60%

10,673,758

0.40%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,367

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,407,601

1.25%

31,069,918

1.16%

(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

373,048

5.4373 GBP

32 17/19p ordinary

Purchase

143,760

5.4381 GBP

32 17/19p ordinary

Purchase

143,168

5.4400 GBP

32 17/19p ordinary

Purchase

109,880

5.4404 GBP

32 17/19p ordinary

Purchase

77,123

5.4402 GBP

32 17/19p ordinary

Purchase

68,101

5.4358 GBP

32 17/19p ordinary

Purchase

58,496

5.4440 GBP

32 17/19p ordinary

Purchase

55,694

5.4224 GBP

32 17/19p ordinary

Purchase

34,531

5.4439 GBP

32 17/19p ordinary

Purchase

33,162

5.4457 GBP

32 17/19p ordinary

Purchase

29,723

5.4475 GBP

32 17/19p ordinary

Purchase

27,631

5.4378 GBP

32 17/19p ordinary

Purchase

22,753

5.4396 GBP

32 17/19p ordinary

Purchase

19,878

5.4249 GBP

32 17/19p ordinary

Purchase

19,708

5.4062 GBP

32 17/19p ordinary

Purchase

16,091

5.4243 GBP

32 17/19p ordinary

Purchase

11,919

5.4217 GBP

32 17/19p ordinary

Purchase

11,127

5.4483 GBP

32 17/19p ordinary

Purchase

10,297

5.4268 GBP

32 17/19p ordinary

Purchase

9,117

5.4449 GBP

32 17/19p ordinary

Purchase

4,426

5.4222 GBP

32 17/19p ordinary

Purchase

4,402

5.4417 GBP

32 17/19p ordinary

Purchase

4,181

5.4200 GBP

32 17/19p ordinary

Purchase

3,712

5.3919 GBP

32 17/19p ordinary

Purchase

3,278

5.4289 GBP

32 17/19p ordinary

Purchase

3,235

5.4377 GBP

32 17/19p ordinary

Purchase

3,077

5.4239 GBP

32 17/19p ordinary

Purchase

2,369

5.4353 GBP

32 17/19p ordinary

Purchase

2,246

5.4410 GBP

32 17/19p ordinary

Purchase

2,104

5.4267 GBP

32 17/19p ordinary

Purchase

1,986

5.4436 GBP

32 17/19p ordinary

Purchase

1,935

5.4293 GBP

32 17/19p ordinary

Purchase

1,666

5.4360 GBP

32 17/19p ordinary

Purchase

1,635

5.4318 GBP

32 17/19p ordinary

Purchase

1,617

5.4355 GBP

32 17/19p ordinary

Purchase

1,086

5.4260 GBP

32 17/19p ordinary

Purchase

910

5.4510 GBP

32 17/19p ordinary

Purchase

723

5.4080 GBP

32 17/19p ordinary

Purchase

651

5.4460 GBP

32 17/19p ordinary

Purchase

601

5.4500 GBP

32 17/19p ordinary

Purchase

568

5.4367 GBP

32 17/19p ordinary

Purchase

545

5.4392 GBP

32 17/19p ordinary

Purchase

141

5.3780 GBP

32 17/19p ordinary

Purchase

13

5.4560 GBP

32 17/19p ordinary

Sale

1,233,851

5.4400 GBP

32 17/19p ordinary

Sale

937,665

5.4456 GBP

32 17/19p ordinary

Sale

647,734

5.4472 GBP

32 17/19p ordinary

Sale

319,818

5.4463 GBP

32 17/19p ordinary

Sale

295,038

5.4442 GBP

32 17/19p ordinary

Sale

267,707

5.3776 GBP

32 17/19p ordinary

Sale

256,674

5.4342 GBP

32 17/19p ordinary

Sale

252,609

5.4452 GBP

32 17/19p ordinary

Sale

217,108

5.4415 GBP

32 17/19p ordinary

Sale

185,826

5.4377 GBP

32 17/19p ordinary

Sale

112,612

5.4475 GBP

32 17/19p ordinary

Sale

70,119

5.4493 GBP

32 17/19p ordinary

Sale

59,458

5.4450 GBP

32 17/19p ordinary

Sale

57,045

5.4397 GBP

32 17/19p ordinary

Sale

52,845

5.4422 GBP

32 17/19p ordinary

Sale

49,606

5.4383 GBP

32 17/19p ordinary

Sale

38,958

5.4471 GBP

32 17/19p ordinary

Sale

36,839

5.4444 GBP

32 17/19p ordinary

Sale

30,430

5.4430 GBP

32 17/19p ordinary

Sale

25,924

5.4406 GBP

32 17/19p ordinary

Sale

25,340

5.4419 GBP

32 17/19p ordinary

Sale

24,696

5.4369 GBP

32 17/19p ordinary

Sale

19,692

5.4375 GBP

32 17/19p ordinary

Sale

15,768

5.4380 GBP

32 17/19p ordinary

Sale

15,714

5.4398 GBP

32 17/19p ordinary

Sale

15,568

5.4468 GBP

32 17/19p ordinary

Sale

14,922

5.4474 GBP

32 17/19p ordinary

Sale

13,073

5.4390 GBP

32 17/19p ordinary

Sale

10,135

5.4501 GBP

32 17/19p ordinary

Sale

8,310

5.4243 GBP

32 17/19p ordinary

Sale

7,763

5.4500 GBP

32 17/19p ordinary

Sale

7,385

5.4410 GBP

32 17/19p ordinary

Sale

7,135

5.4367 GBP

32 17/19p ordinary

Sale

7,105

5.4464 GBP

32 17/19p ordinary

Sale

4,408

5.4388 GBP

32 17/19p ordinary

Sale

4,256

5.4300 GBP

32 17/19p ordinary

Sale

4,160

5.4200 GBP

32 17/19p ordinary

Sale

3,846

5.4439 GBP

32 17/19p ordinary

Sale

3,647

5.4399 GBP

32 17/19p ordinary

Sale

3,280

5.4437 GBP

32 17/19p ordinary

Sale

3,056

5.4220 GBP

32 17/19p ordinary

Sale

3,034

5.4480 GBP

32 17/19p ordinary

Sale

3,008

5.3780 GBP

32 17/19p ordinary

Sale

2,815

5.4373 GBP

32 17/19p ordinary

Sale

2,479

5.4391 GBP

32 17/19p ordinary

Sale

2,246

5.4411 GBP

32 17/19p ordinary

Sale

1,885

5.4240 GBP

32 17/19p ordinary

Sale

1,147

5.4227 GBP

32 17/19p ordinary

Sale

1,086

5.4260 GBP

32 17/19p ordinary

Sale

1,016

5.4440 GBP

32 17/19p ordinary

Sale

910

5.4510 GBP

32 17/19p ordinary

Sale

794

5.4420 GBP

32 17/19p ordinary

Sale

783

5.4460 GBP

32 17/19p ordinary

Sale

675

5.4130 GBP

32 17/19p ordinary

Sale

670

5.4465 GBP

32 17/19p ordinary

Sale

590

5.4340 GBP

32 17/19p ordinary

Sale

143

5.4080 GBP

32 17/19p ordinary

Sale

107

5.4364 GBP

32 17/19p ordinary

Sale

89

5.4520 GBP

32 17/19p ordinary

Sale

3

5.4540 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

267,707

5.3776 GBP

32 17/19p ordinary

SWAP

Increasing Long

573,400

5.4472 GBP

32 17/19p ordinary

SWAP

Decreasing Long

58,960

5.4395 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,794

5.4031 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,978

5.4260 GBP

32 17/19p ordinary

SWAP

Decreasing Short

791

5.4261 GBP

32 17/19p ordinary

SWAP

Decreasing Short

256,674

5.4342 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,450

5.4366 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,598

5.4374 GBP

32 17/19p ordinary

SWAP

Decreasing Short

19,692

5.4375 GBP

32 17/19p ordinary

SWAP

Decreasing Short

185,826

5.4377 GBP

32 17/19p ordinary

SWAP

Decreasing Short

91,644

5.4393 GBP

32 17/19p ordinary

SWAP

Decreasing Short

67,738

5.4396 GBP

32 17/19p ordinary

SWAP

Decreasing Short

57,045

5.4397 GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,714

5.4398 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,647

5.4399 GBP

32 17/19p ordinary

SWAP

Decreasing Short

895,645

5.4400 GBP

32 17/19p ordinary

SWAP

Decreasing Short

110,368

5.4402 GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,924

5.4406 GBP

32 17/19p ordinary

SWAP

Decreasing Short

128,834

5.4412 GBP

32 17/19p ordinary

SWAP

Decreasing Short

36,497

5.4416 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,568

5.4427 GBP

32 17/19p ordinary

SWAP

Decreasing Short

295,038

5.4442 GBP

32 17/19p ordinary

SWAP

Decreasing Short

59,458

5.4450 GBP

32 17/19p ordinary

SWAP

Opening Long

947,038

5.4456 GBP

32 17/19p ordinary

SWAP

Increasing Long

206,739

5.4458 GBP

32 17/19p ordinary

SWAP

Increasing Long

670

5.4465 GBP

32 17/19p ordinary

SWAP

Increasing Long

38,958

5.4471 GBP

32 17/19p ordinary

SWAP

Increasing Long

74,334

5.4472 GBP

32 17/19p ordinary

SWAP

Increasing Long

16,546

5.4473 GBP

32 17/19p ordinary

SWAP

Increasing Long

112,612

5.4475 GBP

32 17/19p ordinary

SWAP

Increasing Long

70,119

5.4493 GBP

32 17/19p ordinary

SWAP

Decreasing Long

2,237

5.3780 GBP

32 17/19p ordinary

SWAP

Decreasing Long

427

5.3795 GBP

32 17/19p ordinary

SWAP

Decreasing Long

3,712

5.3919 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,077

5.3962 GBP

32 17/19p ordinary

SWAP

Decreasing Long

580

5.4080 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,181

5.4200 GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,426

5.4222 GBP

32 17/19p ordinary

SWAP

Decreasing Long

55,694

5.4224 GBP

32 17/19p ordinary

SWAP

Decreasing Long

19,878

5.4249 GBP

32 17/19p ordinary

SWAP

Decreasing Long

813

5.4251 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,980

5.4263 GBP

32 17/19p ordinary

SWAP

Decreasing Long

98,728

5.4340 GBP

32 17/19p ordinary

SWAP

Decreasing Long

68,101

5.4358 GBP

32 17/19p ordinary

SWAP

Decreasing Long

568

5.4368 GBP

32 17/19p ordinary

SWAP

Decreasing Long

162,778

5.4370 GBP

32 17/19p ordinary

SWAP

Decreasing Long

545

5.4392 GBP

32 17/19p ordinary

SWAP

Opening Short

269,961

5.4397 GBP

32 17/19p ordinary

SWAP

Increasing Short

82,371

5.4400 GBP

32 17/19p ordinary

SWAP

Increasing Short

77,123

5.4402 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,986

5.4436 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,991

5.4106 GBP

32 17/19p ordinary

SWAP

Decreasing Long

14,700

5.4400 GBP

32 17/19p ordinary

CFD

Increasing Long

3,572

5.4294 GBP

32 17/19p ordinary

CFD

Increasing Long

51,495

5.4361 GBP

32 17/19p ordinary

CFD

Increasing Long

4,191

5.4396 GBP

32 17/19p ordinary

CFD

Increasing Long

120,627

5.4441 GBP

32 17/19p ordinary

CFD

Increasing Long

329,762

5.4496 GBP

32 17/19p ordinary

CFD

Decreasing Long

4,191

5.3783 GBP

32 17/19p ordinary

CFD

Decreasing Long

70,439

5.4496 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:

14 Mar 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 2025

32 17/19p ordinary

Call Options

Written

-104,576

5.3176

European

05 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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