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Form 8.3 AVIVA PLC

12th Mar 2025 14:29

RNS Number : 4209A
Barclays PLC
12 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:

11 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:

 

 

20,237,101

0.76%

15,385,823

0.57%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,371,558

0.42%

13,507,533

0.50%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,381

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

31,608,659

1.18%

29,118,737

1.09%

(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

403,093

5.2850 GBP

32 17/19p ordinary

Purchase

228,928

5.2855 GBP

32 17/19p ordinary

Purchase

191,914

5.2909 GBP

32 17/19p ordinary

Purchase

161,637

5.2718 GBP

32 17/19p ordinary

Purchase

152,582

5.2720 GBP

32 17/19p ordinary

Purchase

147,321

5.2872 GBP

32 17/19p ordinary

Purchase

140,532

5.2905 GBP

32 17/19p ordinary

Purchase

122,329

5.2853 GBP

32 17/19p ordinary

Purchase

97,167

5.2760 GBP

32 17/19p ordinary

Purchase

96,687

5.2778 GBP

32 17/19p ordinary

Purchase

77,660

5.2866 GBP

32 17/19p ordinary

Purchase

56,334

5.2941 GBP

32 17/19p ordinary

Purchase

49,867

5.2960 GBP

32 17/19p ordinary

Purchase

47,304

5.2950 GBP

32 17/19p ordinary

Purchase

45,421

5.2907 GBP

32 17/19p ordinary

Purchase

43,287

5.2914 GBP

32 17/19p ordinary

Purchase

32,807

5.2781 GBP

32 17/19p ordinary

Purchase

30,061

5.2577 GBP

32 17/19p ordinary

Purchase

29,498

5.2944 GBP

32 17/19p ordinary

Purchase

26,359

5.2845 GBP

32 17/19p ordinary

Purchase

26,013

5.2788 GBP

32 17/19p ordinary

Purchase

20,719

5.2861 GBP

32 17/19p ordinary

Purchase

20,006

5.2858 GBP

32 17/19p ordinary

Purchase

19,968

5.2880 GBP

32 17/19p ordinary

Purchase

19,647

5.2969 GBP

32 17/19p ordinary

Purchase

19,467

5.2871 GBP

32 17/19p ordinary

Purchase

18,424

5.2900 GBP

32 17/19p ordinary

Purchase

17,301

5.2924 GBP

32 17/19p ordinary

Purchase

16,443

5.2837 GBP

32 17/19p ordinary

Purchase

15,707

5.2916 GBP

32 17/19p ordinary

Purchase

15,111

5.2727 GBP

32 17/19p ordinary

Purchase

14,900

5.2877 GBP

32 17/19p ordinary

Purchase

13,917

5.2978 GBP

32 17/19p ordinary

Purchase

13,200

5.2972 GBP

32 17/19p ordinary

Purchase

12,331

5.2750 GBP

32 17/19p ordinary

Purchase

11,035

5.2966 GBP

32 17/19p ordinary

Purchase

9,895

5.2886 GBP

32 17/19p ordinary

Purchase

8,921

5.2560 GBP

32 17/19p ordinary

Purchase

8,769

5.2928 GBP

32 17/19p ordinary

Purchase

8,478

5.2817 GBP

32 17/19p ordinary

Purchase

8,477

5.2520 GBP

32 17/19p ordinary

Purchase

8,267

5.2980 GBP

32 17/19p ordinary

Purchase

8,126

5.2940 GBP

32 17/19p ordinary

Purchase

7,706

5.2920 GBP

32 17/19p ordinary

Purchase

7,686

5.2830 GBP

32 17/19p ordinary

Purchase

7,239

5.2854 GBP

32 17/19p ordinary

Purchase

7,120

5.2913 GBP

32 17/19p ordinary

Purchase

5,489

5.2540 GBP

32 17/19p ordinary

Purchase

5,059

5.2500 GBP

32 17/19p ordinary

Purchase

4,762

5.2820 GBP

32 17/19p ordinary

Purchase

4,621

5.2640 GBP

32 17/19p ordinary

Purchase

4,559

5.2822 GBP

32 17/19p ordinary

Purchase

4,534

5.2963 GBP

32 17/19p ordinary

Purchase

4,122

5.2620 GBP

32 17/19p ordinary

Purchase

3,798

5.2947 GBP

32 17/19p ordinary

Purchase

3,688

5.2846 GBP

32 17/19p ordinary

Purchase

3,502

5.2460 GBP

32 17/19p ordinary

Purchase

3,401

5.2580 GBP

32 17/19p ordinary

Purchase

2,545

5.3020 GBP

32 17/19p ordinary

Purchase

2,372

5.2840 GBP

32 17/19p ordinary

Purchase

2,321

5.2938 GBP

32 17/19p ordinary

Purchase

2,229

5.2600 GBP

32 17/19p ordinary

Purchase

1,947

5.2829 GBP

32 17/19p ordinary

Purchase

1,768

5.2669 GBP

32 17/19p ordinary

Purchase

1,765

5.2989 GBP

32 17/19p ordinary

Purchase

1,758

5.2542 GBP

32 17/19p ordinary

Purchase

1,611

5.2519 GBP

ADR

Purchase

1,200

13.7100 USD

32 17/19p ordinary

Purchase

1,028

5.2567 GBP

32 17/19p ordinary

Purchase

1,000

5.2936 GBP

32 17/19p ordinary

Purchase

958

5.2860 GBP

32 17/19p ordinary

Purchase

941

5.3000 GBP

32 17/19p ordinary

Purchase

777

5.3010 GBP

32 17/19p ordinary

Purchase

703

5.3400 GBP

32 17/19p ordinary

Purchase

681

5.2680 GBP

32 17/19p ordinary

Purchase

661

5.2661 GBP

32 17/19p ordinary

Purchase

599

5.2700 GBP

32 17/19p ordinary

Purchase

541

5.2440 GBP

32 17/19p ordinary

Purchase

525

5.2582 GBP

32 17/19p ordinary

Purchase

55

5.3280 GBP

32 17/19p ordinary

Purchase

50

5.3440 GBP

32 17/19p ordinary

Purchase

48

5.3060 GBP

32 17/19p ordinary

Purchase

20

5.2910 GBP

32 17/19p ordinary

Purchase

20

5.2908 GBP

32 17/19p ordinary

Sale

1,324,534

5.2976 GBP

32 17/19p ordinary

Sale

686,555

5.2965 GBP

32 17/19p ordinary

Sale

367,997

5.2810 GBP

32 17/19p ordinary

Sale

145,838

5.2912 GBP

32 17/19p ordinary

Sale

143,350

5.2953 GBP

32 17/19p ordinary

Sale

143,350

5.2873 GBP

32 17/19p ordinary

Sale

141,006

5.2720 GBP

32 17/19p ordinary

Sale

94,442

5.2875 GBP

32 17/19p ordinary

Sale

83,432

5.2919 GBP

32 17/19p ordinary

Sale

59,161

5.2904 GBP

32 17/19p ordinary

Sale

54,817

5.2709 GBP

32 17/19p ordinary

Sale

50,955

5.2927 GBP

32 17/19p ordinary

Sale

50,797

5.2555 GBP

32 17/19p ordinary

Sale

45,398

5.2717 GBP

32 17/19p ordinary

Sale

34,707

5.2711 GBP

32 17/19p ordinary

Sale

27,439

5.3020 GBP

32 17/19p ordinary

Sale

25,234

5.2960 GBP

32 17/19p ordinary

Sale

24,319

5.2540 GBP

32 17/19p ordinary

Sale

22,180

5.2622 GBP

32 17/19p ordinary

Sale

20,137

5.2768 GBP

32 17/19p ordinary

Sale

19,835

5.2826 GBP

32 17/19p ordinary

Sale

18,621

5.2877 GBP

32 17/19p ordinary

Sale

18,147

5.2986 GBP

32 17/19p ordinary

Sale

18,066

5.2923 GBP

32 17/19p ordinary

Sale

16,900

5.2706 GBP

32 17/19p ordinary

Sale

14,306

5.2882 GBP

32 17/19p ordinary

Sale

12,524

5.2705 GBP

32 17/19p ordinary

Sale

12,023

5.3006 GBP

32 17/19p ordinary

Sale

10,794

5.2940 GBP

32 17/19p ordinary

Sale

10,381

5.2781 GBP

32 17/19p ordinary

Sale

9,799

5.2934 GBP

32 17/19p ordinary

Sale

9,701

5.2939 GBP

32 17/19p ordinary

Sale

8,921

5.2560 GBP

32 17/19p ordinary

Sale

8,906

5.2980 GBP

32 17/19p ordinary

Sale

8,538

5.2964 GBP

32 17/19p ordinary

Sale

8,477

5.2520 GBP

32 17/19p ordinary

Sale

7,662

5.2920 GBP

32 17/19p ordinary

Sale

7,490

5.2814 GBP

32 17/19p ordinary

Sale

6,135

5.3433 GBP

32 17/19p ordinary

Sale

5,897

5.2834 GBP

32 17/19p ordinary

Sale

5,793

5.2864 GBP

32 17/19p ordinary

Sale

5,059

5.2500 GBP

32 17/19p ordinary

Sale

4,786

5.2778 GBP

32 17/19p ordinary

Sale

4,762

5.2820 GBP

32 17/19p ordinary

Sale

4,649

5.2880 GBP

32 17/19p ordinary

Sale

4,621

5.2640 GBP

32 17/19p ordinary

Sale

4,195

5.2913 GBP

32 17/19p ordinary

Sale

4,122

5.2620 GBP

32 17/19p ordinary

Sale

3,502

5.2460 GBP

32 17/19p ordinary

Sale

3,401

5.2580 GBP

32 17/19p ordinary

Sale

2,726

5.2760 GBP

32 17/19p ordinary

Sale

2,372

5.2840 GBP

32 17/19p ordinary

Sale

2,229

5.2600 GBP

32 17/19p ordinary

Sale

2,199

5.2841 GBP

32 17/19p ordinary

Sale

1,940

5.2900 GBP

32 17/19p ordinary

Sale

1,786

5.2926 GBP

32 17/19p ordinary

Sale

1,578

5.2860 GBP

ADR

Sale

1,200

13.7100 USD

32 17/19p ordinary

Sale

1,128

5.2440 GBP

32 17/19p ordinary

Sale

833

5.2855 GBP

32 17/19p ordinary

Sale

681

5.2680 GBP

32 17/19p ordinary

Sale

645

5.2610 GBP

32 17/19p ordinary

Sale

599

5.2700 GBP

32 17/19p ordinary

Sale

533

5.2340 GBP

32 17/19p ordinary

Sale

209

5.2571 GBP

32 17/19p ordinary

Sale

50

5.3440 GBP

32 17/19p ordinary

Sale

20

5.2910 GBP

32 17/19p ordinary

Sale

12

5.3000 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

143,350

5.2873 GBP

32 17/19p ordinary

SWAP

Decreasing Short

22,180

5.2622 GBP

32 17/19p ordinary

SWAP

Decreasing Short

889

5.2642 GBP

32 17/19p ordinary

SWAP

Decreasing Short

16,900

5.2706 GBP

32 17/19p ordinary

SWAP

Decreasing Short

54,817

5.2709 GBP

32 17/19p ordinary

SWAP

Decreasing Short

45,398

5.2717 GBP

32 17/19p ordinary

SWAP

Decreasing Short

147,720

5.2720 GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,137

5.2768 GBP

32 17/19p ordinary

SWAP

Decreasing Short

11,250

5.2775 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,786

5.2778 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,922

5.2804 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,536

5.2823 GBP

32 17/19p ordinary

SWAP

Decreasing Short

709

5.2826 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,706

5.2867 GBP

32 17/19p ordinary

SWAP

Decreasing Short

94,442

5.2875 GBP

32 17/19p ordinary

SWAP

Decreasing Short

18,621

5.2877 GBP

32 17/19p ordinary

SWAP

Decreasing Short

101,079

5.2881 GBP

32 17/19p ordinary

SWAP

Decreasing Short

52,083

5.2897 GBP

32 17/19p ordinary

SWAP

Decreasing Short

908

5.2900 GBP

32 17/19p ordinary

SWAP

Decreasing Short

228

5.2903 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,799

5.2934 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,701

5.2939 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,154

5.2950 GBP

32 17/19p ordinary

SWAP

Decreasing Short

143,350

5.2953 GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,287

5.2956 GBP

32 17/19p ordinary

SWAP

Decreasing Short

791

5.2972 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,324,534

5.2976 GBP

32 17/19p ordinary

SWAP

Decreasing Short

649

5.2980 GBP

32 17/19p ordinary

SWAP

Decreasing Short

75,879

5.3005 GBP

32 17/19p ordinary

SWAP

Decreasing Short

55,901

5.3007 GBP

32 17/19p ordinary

SWAP

Increasing Short

295

5.2542 GBP

32 17/19p ordinary

SWAP

Increasing Short

153,472

5.2723 GBP

32 17/19p ordinary

SWAP

Increasing Short

15,111

5.2727 GBP

32 17/19p ordinary

SWAP

Increasing Short

101,777

5.2754 GBP

32 17/19p ordinary

SWAP

Increasing Short

33,099

5.2840 GBP

32 17/19p ordinary

SWAP

Increasing Short

97,544

5.2848 GBP

32 17/19p ordinary

SWAP

Increasing Short

403,093

5.2850 GBP

32 17/19p ordinary

SWAP

Increasing Short

122,329

5.2853 GBP

32 17/19p ordinary

SWAP

Increasing Short

228,928

5.2855 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,609

5.2860 GBP

32 17/19p ordinary

SWAP

Increasing Short

19,467

5.2871 GBP

32 17/19p ordinary

SWAP

Increasing Short

68,687

5.2877 GBP

32 17/19p ordinary

SWAP

Increasing Short

44

5.2920 GBP

32 17/19p ordinary

SWAP

Increasing Short

23,248

5.2944 GBP

32 17/19p ordinary

SWAP

Increasing Short

214

5.2959 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,347

5.2960 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,326

5.2986 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,933

5.2991 GBP

32 17/19p ordinary

SWAP

Increasing Short

777

5.3010 GBP

32 17/19p ordinary

SWAP

Increasing Short

55

5.3280 GBP

32 17/19p ordinary

CFD

Increasing Long

1,200

5.2396 GBP

32 17/19p ordinary

CFD

Increasing Long

18,830

5.2540 GBP

32 17/19p ordinary

CFD

Increasing Long

113,237

5.2715 GBP

32 17/19p ordinary

CFD

Increasing Long

7,111

5.2716 GBP

32 17/19p ordinary

CFD

Increasing Long

4,198

5.2759 GBP

32 17/19p ordinary

CFD

Increasing Long

24,894

5.3020 GBP

32 17/19p ordinary

CFD

Decreasing Long

35,404

5.2612 GBP

32 17/19p ordinary

CFD

Decreasing Long

4,175

5.2957 GBP

32 17/19p ordinary

CFD

Decreasing Long

7,111

5.3443 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:

12 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

-120,800

5.3305

European

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,581

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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