6th Jun 2025 15:20
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: | 05 Jun 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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| 7,083,599 | 0.26% | 15,706,861 | 0.59% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,538,537 | 0.54% | 5,990,321 | 0.22% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 120,786 | 0.00% |
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| TOTAL: |
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| 21,622,136 | 0.81% | 21,817,968 | 0.81% |
(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 | 551,959 | 6.1560 GBP | ||||
32 17/19p ordinary | Purchase | 215,497 | 6.1559 GBP | ||||
32 17/19p ordinary | Purchase | 157,322 | 6.1241 GBP | ||||
32 17/19p ordinary | Purchase | 65,670 | 6.1161 GBP | ||||
32 17/19p ordinary | Purchase | 65,605 | 6.1393 GBP | ||||
32 17/19p ordinary | Purchase | 60,900 | 6.1350 GBP | ||||
32 17/19p ordinary | Purchase | 33,205 | 6.1250 GBP | ||||
32 17/19p ordinary | Purchase | 32,107 | 6.1227 GBP | ||||
32 17/19p ordinary | Purchase | 29,647 | 6.1007 GBP | ||||
32 17/19p ordinary | Purchase | 23,156 | 6.1551 GBP | ||||
32 17/19p ordinary | Purchase | 11,231 | 6.1548 GBP | ||||
32 17/19p ordinary | Purchase | 10,177 | 6.1221 GBP | ||||
32 17/19p ordinary | Purchase | 9,374 | 6.1206 GBP | ||||
32 17/19p ordinary | Purchase | 7,511 | 6.1259 GBP | ||||
32 17/19p ordinary | Purchase | 5,103 | 6.1275 GBP | ||||
32 17/19p ordinary | Purchase | 4,418 | 6.1239 GBP | ||||
32 17/19p ordinary | Purchase | 4,088 | 6.1520 GBP | ||||
32 17/19p ordinary | Purchase | 3,132 | 5.3176 GBP | ||||
32 17/19p ordinary | Purchase | 2,775 | 6.1256 GBP | ||||
32 17/19p ordinary | Purchase | 2,591 | 6.1282 GBP | ||||
32 17/19p ordinary | Purchase | 1,816 | 6.1100 GBP | ||||
32 17/19p ordinary | Purchase | 1,775 | 6.1312 GBP | ||||
32 17/19p ordinary | Purchase | 1,653 | 6.1165 GBP | ||||
32 17/19p ordinary | Purchase | 1,628 | 6.1364 GBP | ||||
32 17/19p ordinary | Purchase | 1,518 | 6.1090 GBP | ||||
32 17/19p ordinary | Purchase | 1,368 | 6.1280 GBP | ||||
32 17/19p ordinary | Purchase | 1,136 | 6.1218 GBP | ||||
32 17/19p ordinary | Purchase | 1,057 | 6.1076 GBP | ||||
32 17/19p ordinary | Purchase | 949 | 6.1252 GBP | ||||
ADR | Purchase | 936 | 16.8058 USD | ||||
32 17/19p ordinary | Purchase | 842 | 6.1346 GBP | ||||
32 17/19p ordinary | Purchase | 653 | 6.1180 GBP | ||||
32 17/19p ordinary | Purchase | 600 | 6.1133 GBP | ||||
32 17/19p ordinary | Purchase | 521 | 6.1220 GBP | ||||
32 17/19p ordinary | Purchase | 494 | 6.1080 GBP | ||||
32 17/19p ordinary | Purchase | 486 | 6.0757 GBP | ||||
32 17/19p ordinary | Purchase | 313 | 6.1207 GBP | ||||
32 17/19p ordinary | Purchase | 100 | 6.1240 GBP | ||||
32 17/19p ordinary | Purchase | 54 | 6.1085 GBP | ||||
32 17/19p ordinary | Purchase | 17 | 6.1278 GBP | ||||
32 17/19p ordinary | Purchase | 14 | 6.1160 GBP | ||||
32 17/19p ordinary | Purchase | 7 | 6.1200 GBP | ||||
32 17/19p ordinary | Sale | 341,196 | 6.0961 GBP | ||||
32 17/19p ordinary | Sale | 242,488 | 6.1501 GBP | ||||
32 17/19p ordinary | Sale | 186,867 | 6.1560 GBP | ||||
32 17/19p ordinary | Sale | 99,449 | 6.1457 GBP | ||||
32 17/19p ordinary | Sale | 60,282 | 6.1572 GBP | ||||
32 17/19p ordinary | Sale | 26,988 | 6.1408 GBP | ||||
32 17/19p ordinary | Sale | 16,563 | 6.1544 GBP | ||||
32 17/19p ordinary | Sale | 16,074 | 6.1176 GBP | ||||
32 17/19p ordinary | Sale | 13,746 | 6.1101 GBP | ||||
32 17/19p ordinary | Sale | 11,561 | 6.1117 GBP | ||||
32 17/19p ordinary | Sale | 11,465 | 6.1060 GBP | ||||
32 17/19p ordinary | Sale | 10,189 | 6.1236 GBP | ||||
32 17/19p ordinary | Sale | 9,454 | 6.1107 GBP | ||||
32 17/19p ordinary | Sale | 9,365 | 6.1477 GBP | ||||
32 17/19p ordinary | Sale | 7,750 | 6.1000 GBP | ||||
32 17/19p ordinary | Sale | 5,668 | 6.1137 GBP | ||||
32 17/19p ordinary | Sale | 5,257 | 6.1349 GBP | ||||
32 17/19p ordinary | Sale | 4,778 | 6.1329 GBP | ||||
32 17/19p ordinary | Sale | 4,523 | 6.1172 GBP | ||||
32 17/19p ordinary | Sale | 3,889 | 6.1569 GBP | ||||
32 17/19p ordinary | Sale | 3,412 | 6.1286 GBP | ||||
32 17/19p ordinary | Sale | 3,244 | 6.1545 GBP | ||||
32 17/19p ordinary | Sale | 3,192 | 6.1160 GBP | ||||
32 17/19p ordinary | Sale | 2,726 | 6.0966 GBP | ||||
32 17/19p ordinary | Sale | 2,252 | 6.1480 GBP | ||||
32 17/19p ordinary | Sale | 2,000 | 6.1280 GBP | ||||
32 17/19p ordinary | Sale | 1,973 | 6.1241 GBP | ||||
32 17/19p ordinary | Sale | 1,704 | 6.1038 GBP | ||||
32 17/19p ordinary | Sale | 1,624 | 6.1220 GBP | ||||
32 17/19p ordinary | Sale | 1,540 | 6.1134 GBP | ||||
32 17/19p ordinary | Sale | 1,347 | 6.0870 GBP | ||||
32 17/19p ordinary | Sale | 1,283 | 6.0960 GBP | ||||
32 17/19p ordinary | Sale | 974 | 6.1285 GBP | ||||
ADR | Sale | 936 | 16.8058 USD | ||||
32 17/19p ordinary | Sale | 931 | 6.1093 GBP | ||||
32 17/19p ordinary | Sale | 860 | 6.1126 GBP | ||||
32 17/19p ordinary | Sale | 824 | 6.1290 GBP | ||||
32 17/19p ordinary | Sale | 610 | 6.1226 GBP | ||||
32 17/19p ordinary | Sale | 447 | 6.1340 GBP | ||||
32 17/19p ordinary | Sale | 336 | 6.1317 GBP | ||||
32 17/19p ordinary | Sale | 333 | 6.0800 GBP | ||||
32 17/19p ordinary | Sale | 325 | 6.1106 GBP | ||||
32 17/19p ordinary | Sale | 325 | 6.1100 GBP | ||||
32 17/19p ordinary | Sale | 204 | 6.1250 GBP | ||||
32 17/19p ordinary | Sale | 133 | 6.1102 GBP | ||||
32 17/19p ordinary | Sale | 30 | 6.1397 GBP | ||||
32 17/19p ordinary | Sale | 2 | 6.1140 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 | 333 | 6.0800 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,347 | 6.0870 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 341,196 | 6.0961 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 931 | 6.1093 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 13,746 | 6.1101 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 133 | 6.1102 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,561 | 6.1117 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 860 | 6.1126 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,668 | 6.1137 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 10,489 | 6.1158 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,704 | 6.1172 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,770 | 6.1268 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 974 | 6.1284 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,412 | 6.1286 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 824 | 6.1290 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,778 | 6.1329 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,971 | 6.1442 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 130,328 | 6.1477 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 36,028 | 6.1483 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,316 | 6.1487 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,227 | 6.1519 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 16,563 | 6.1544 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,244 | 6.1545 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,377 | 6.1550 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 9,250 | 6.1551 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 918 | 6.0811 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 109 | 6.0880 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 100 | 6.0980 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 535 | 6.1046 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,058 | 6.1053 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,828 | 6.1075 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,560 | 6.1170 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 18,603 | 6.1211 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,136 | 6.1218 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 6,814 | 6.1220 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,631 | 6.1227 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 157,322 | 6.1241 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,775 | 6.1256 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 26,164 | 6.1258 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 60,900 | 6.1350 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,628 | 6.1364 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,643 | 6.1377 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 33,214 | 6.1521 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 481,665 | 6.1560 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 14,597 | 6.1572 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,512 | 6.1778 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 500 | 6.1300 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 75 | 6.0816 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 925 | 6.0866 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 3,062 | 6.0875 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 17,460 | 6.1237 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 15,088 | 6.1479 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 43,760 | 6.1555 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 12,116 | 6.1321 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 11,847 | 6.1382 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 3,062 | 6.1564 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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| per unit |
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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: | 06 Jun 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 | -120,786 | 5.3305 | European | 06-Jun-2026 | |
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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