12th Mar 2025 14:29
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 |
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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: | 11 Mar 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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| 20,237,101 | 0.76% | 15,385,823 | 0.57% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,371,558 | 0.42% | 13,507,533 | 0.50% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,381 | 0.01% |
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| TOTAL: |
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| 31,608,659 | 1.18% | 29,118,737 | 1.09% |
(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 |
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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 | ||||
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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 | 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 | |||
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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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(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: | 12 Mar 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 | -120,800 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,581 | 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:
AvivaBarclays