5th Feb 2025 16:16
FORM 8.3 Amendment to 2a and 3a | |||||||
Replaces form Released at 27/01/2025 17:59 RNS Number : 8346U | |||||||
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): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | AVIVA PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 24 Jan 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: 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: | 20,873,126 | 0.77% | 21,191,326 | 0.79% | |||
(2) Cash-settled derivatives: | 3,054,232 | 0.11% | 15,034,214 | 0.56% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,679 | 0.02% | |||
TOTAL: | 23,947,358 | 0.88% | 36,712,219 | 1.37% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
32 17/19p ordinary | Purchase | 554,783 | 5.0724 GBP | ||||
32 17/19p ordinary | Purchase | 214,431 | 5.0716 GBP | ||||
32 17/19p ordinary | Purchase | 107,044 | 5.0672 GBP | ||||
32 17/19p ordinary | Purchase | 90,459 | 5.0616 GBP | ||||
32 17/19p ordinary | Purchase | 77,300 | 5.0604 GBP | ||||
32 17/19p ordinary | Purchase | 65,543 | 5.0654 GBP | ||||
32 17/19p ordinary | Purchase | 44,376 | 5.0731 GBP | ||||
32 17/19p ordinary | Purchase | 41,644 | 5.0639 GBP | ||||
32 17/19p ordinary | Purchase | 35,584 | 5.0622 GBP | ||||
32 17/19p ordinary | Purchase | 33,338 | 5.0590 GBP | ||||
32 17/19p ordinary | Purchase | 29,837 | 5.0720 GBP | ||||
32 17/19p ordinary | Purchase | 24,127 | 5.0785 GBP | ||||
32 17/19p ordinary | Purchase | 20,878 | 5.0853 GBP | ||||
32 17/19p ordinary | Purchase | 20,416 | 5.0468 GBP | ||||
32 17/19p ordinary | Purchase | 20,101 | 5.0623 GBP | ||||
32 17/19p ordinary | Purchase | 16,753 | 5.0588 GBP | ||||
32 17/19p ordinary | Purchase | 15,796 | 5.0650 GBP | ||||
32 17/19p ordinary | Purchase | 15,078 | 5.0658 GBP | ||||
32 17/19p ordinary | Purchase | 12,591 | 5.0726 GBP | ||||
32 17/19p ordinary | Purchase | 12,521 | 5.0670 GBP | ||||
32 17/19p ordinary | Purchase | 12,008 | 5.0693 GBP | ||||
32 17/19p ordinary | Purchase | 11,611 | 5.0621 GBP | ||||
32 17/19p ordinary | Purchase | 11,240 | 5.0517 GBP | ||||
32 17/19p ordinary | Purchase | 9,429 | 5.0640 GBP | ||||
32 17/19p ordinary | Purchase | 8,459 | 5.0660 GBP | ||||
32 17/19p ordinary | Purchase | 6,796 | 5.0485 GBP | ||||
32 17/19p ordinary | Purchase | 6,350 | 5.0624 GBP | ||||
32 17/19p ordinary | Purchase | 5,295 | 5.0643 GBP | ||||
32 17/19p ordinary | Purchase | 4,360 | 5.0780 GBP | ||||
32 17/19p ordinary | Purchase | 4,311 | 5.0520 GBP | ||||
32 17/19p ordinary | Purchase | 3,712 | 5.0560 GBP | ||||
32 17/19p ordinary | Purchase | 3,404 | 5.0440 GBP | ||||
32 17/19p ordinary | Purchase | 3,390 | 5.0600 GBP | ||||
32 17/19p ordinary | Purchase | 3,297 | 5.0649 GBP | ||||
32 17/19p ordinary | Purchase | 3,264 | 5.0575 GBP | ||||
32 17/19p ordinary | Purchase | 3,262 | 5.0686 GBP | ||||
32 17/19p ordinary | Purchase | 3,228 | 5.0540 GBP | ||||
32 17/19p ordinary | Purchase | 2,928 | 5.0704 GBP | ||||
32 17/19p ordinary | Purchase | 2,667 | 5.0680 GBP | ||||
32 17/19p ordinary | Purchase | 2,519 | 5.0580 GBP | ||||
32 17/19p ordinary | Purchase | 2,502 | 5.0400 GBP | ||||
32 17/19p ordinary | Purchase | 2,427 | 5.1020 GBP | ||||
32 17/19p ordinary | Purchase | 2,383 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 2,023 | 5.0500 GBP | ||||
32 17/19p ordinary | Purchase | 1,946 | 5.0705 GBP | ||||
32 17/19p ordinary | Purchase | 1,798 | 5.0380 GBP | ||||
32 17/19p ordinary | Purchase | 1,516 | 5.0740 GBP | ||||
32 17/19p ordinary | Purchase | 1,444 | 5.0706 GBP | ||||
32 17/19p ordinary | Purchase | 1,287 | 5.0657 GBP | ||||
32 17/19p ordinary | Purchase | 1,263 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 1,253 | 5.0762 GBP | ||||
32 17/19p ordinary | Purchase | 1,029 | 5.0607 GBP | ||||
ADR | Purchase | 1,000 | 12.7400 USD | ||||
32 17/19p ordinary | Purchase | 963 | 5.0814 GBP | ||||
32 17/19p ordinary | Purchase | 858 | 5.0770 GBP | ||||
32 17/19p ordinary | Purchase | 602 | 5.0620 GBP | ||||
32 17/19p ordinary | Purchase | 294 | 5.0632 GBP | ||||
32 17/19p ordinary | Purchase | 191 | 5.0340 GBP | ||||
32 17/19p ordinary | Purchase | 158 | 5.0570 GBP | ||||
32 17/19p ordinary | Sale | 194,946 | 5.0720 GBP | ||||
32 17/19p ordinary | Sale | 140,655 | 5.0676 GBP | ||||
32 17/19p ordinary | Sale | 125,726 | 5.0730 GBP | ||||
32 17/19p ordinary | Sale | 102,951 | 5.0600 GBP | ||||
32 17/19p ordinary | Sale | 99,137 | 5.0695 GBP | ||||
32 17/19p ordinary | Sale | 86,323 | 5.0647 GBP | ||||
32 17/19p ordinary | Sale | 55,595 | 5.0666 GBP | ||||
32 17/19p ordinary | Sale | 53,439 | 5.0664 GBP | ||||
32 17/19p ordinary | Sale | 52,060 | 5.0643 GBP | ||||
32 17/19p ordinary | Sale | 50,170 | 5.0709 GBP | ||||
32 17/19p ordinary | Sale | 44,527 | 5.0743 GBP | ||||
32 17/19p ordinary | Sale | 40,392 | 5.0685 GBP | ||||
32 17/19p ordinary | Sale | 38,967 | 5.0692 GBP | ||||
32 17/19p ordinary | Sale | 36,900 | 5.0626 GBP | ||||
32 17/19p ordinary | Sale | 27,167 | 5.0656 GBP | ||||
32 17/19p ordinary | Sale | 25,532 | 5.0687 GBP | ||||
32 17/19p ordinary | Sale | 23,300 | 5.0652 GBP | ||||
32 17/19p ordinary | Sale | 22,731 | 5.0719 GBP | ||||
32 17/19p ordinary | Sale | 22,722 | 5.0662 GBP | ||||
32 17/19p ordinary | Sale | 19,600 | 5.0454 GBP | ||||
32 17/19p ordinary | Sale | 16,063 | 5.0660 GBP | ||||
32 17/19p ordinary | Sale | 15,844 | 5.0651 GBP | ||||
32 17/19p ordinary | Sale | 15,094 | 5.0613 GBP | ||||
32 17/19p ordinary | Sale | 14,621 | 5.0620 GBP | ||||
32 17/19p ordinary | Sale | 12,736 | 5.0694 GBP | ||||
32 17/19p ordinary | Sale | 11,470 | 5.0671 GBP | ||||
32 17/19p ordinary | Sale | 9,429 | 5.0640 GBP | ||||
32 17/19p ordinary | Sale | 5,867 | 5.1051 GBP | ||||
32 17/19p ordinary | Sale | 5,702 | 5.0726 GBP | ||||
32 17/19p ordinary | Sale | 5,616 | 5.0569 GBP | ||||
32 17/19p ordinary | Sale | 5,611 | 5.0728 GBP | ||||
32 17/19p ordinary | Sale | 4,360 | 5.0780 GBP | ||||
32 17/19p ordinary | Sale | 4,311 | 5.0520 GBP | ||||
32 17/19p ordinary | Sale | 4,174 | 5.0701 GBP | ||||
32 17/19p ordinary | Sale | 4,136 | 5.0673 GBP | ||||
32 17/19p ordinary | Sale | 4,092 | 5.0559 GBP | ||||
32 17/19p ordinary | Sale | 4,015 | 5.0540 GBP | ||||
32 17/19p ordinary | Sale | 3,731 | 5.0735 GBP | ||||
32 17/19p ordinary | Sale | 3,712 | 5.0560 GBP | ||||
32 17/19p ordinary | Sale | 3,263 | 5.0753 GBP | ||||
32 17/19p ordinary | Sale | 3,143 | 5.0680 GBP | ||||
32 17/19p ordinary | Sale | 2,519 | 5.0580 GBP | ||||
32 17/19p ordinary | Sale | 2,427 | 5.1020 GBP | ||||
32 17/19p ordinary | Sale | 2,295 | 5.0736 GBP | ||||
32 17/19p ordinary | Sale | 2,275 | 5.0712 GBP | ||||
32 17/19p ordinary | Sale | 2,056 | 5.0669 GBP | ||||
32 17/19p ordinary | Sale | 2,037 | 5.0609 GBP | ||||
32 17/19p ordinary | Sale | 2,023 | 5.0500 GBP | ||||
32 17/19p ordinary | Sale | 2,000 | 5.0858 GBP | ||||
32 17/19p ordinary | Sale | 1,798 | 5.0380 GBP | ||||
32 17/19p ordinary | Sale | 1,783 | 5.0700 GBP | ||||
32 17/19p ordinary | Sale | 1,671 | 5.0965 GBP | ||||
32 17/19p ordinary | Sale | 1,516 | 5.0740 GBP | ||||
32 17/19p ordinary | Sale | 1,362 | 5.0710 GBP | ||||
32 17/19p ordinary | Sale | 1,294 | 5.0751 GBP | ||||
32 17/19p ordinary | Sale | 1,263 | 5.0760 GBP | ||||
32 17/19p ordinary | Sale | 1,080 | 5.0554 GBP | ||||
ADR | Sale | 1,000 | 12.7400 USD | ||||
32 17/19p ordinary | Sale | 801 | 5.0625 GBP | ||||
32 17/19p ordinary | Sale | 764 | 5.1038 GBP | ||||
32 17/19p ordinary | Sale | 668 | 5.0733 GBP | ||||
32 17/19p ordinary | Sale | 653 | 5.0980 GBP | ||||
32 17/19p ordinary | Sale | 625 | 5.0510 GBP | ||||
32 17/19p ordinary | Sale | 582 | 5.0644 GBP | ||||
32 17/19p ordinary | Sale | 501 | 5.0990 GBP | ||||
32 17/19p ordinary | Sale | 348 | 5.0653 GBP | ||||
32 17/19p ordinary | Sale | 258 | 5.0460 GBP | ||||
32 17/19p ordinary | Sale | 207 | 5.1000 GBP | ||||
32 17/19p ordinary | Sale | 191 | 5.0340 GBP | ||||
32 17/19p ordinary | Sale | 33 | 5.0902 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
32 17/19p ordinary | SWAP | Increasing Long | 42,404 | 5.0673 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,661 | 5.0513 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 793 | 5.0559 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,271 | 5.0566 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,186 | 5.0576 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,833 | 5.0606 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,206 | 5.0613 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 887 | 5.0623 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 272 | 5.0624 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,452 | 5.0643 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,089 | 5.0646 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,661 | 5.0649 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,844 | 5.0651 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 718 | 5.0659 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,920 | 5.0660 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 53,439 | 5.0664 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,136 | 5.0673 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 79,690 | 5.0675 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 828 | 5.0676 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 52,476 | 5.0681 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 40,392 | 5.0685 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,532 | 5.0687 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38,967 | 5.0692 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,736 | 5.0694 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 50,170 | 5.0709 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,275 | 5.0712 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,536 | 5.0717 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 22,731 | 5.0719 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 157,422 | 5.0720 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,364 | 5.0733 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,115 | 5.0748 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 70,703 | 5.0753 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33 | 5.0902 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,918 | 5.0935 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,200 | 5.0449 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 37,478 | 5.0578 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,753 | 5.0588 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 33,338 | 5.0590 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 35,626 | 5.0591 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 54,998 | 5.0593 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 90,459 | 5.0616 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 35,584 | 5.0622 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 27,988 | 5.0629 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 37,673 | 5.0653 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 387 | 5.0660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,008 | 5.0693 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 151,787 | 5.0722 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 37,370 | 5.0728 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 44,376 | 5.0731 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 900 | 5.0786 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 963 | 5.0814 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,878 | 5.0853 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,136 | 5.0728 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 18,384 | 5.0695 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,925 | 5.0716 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,068 | 5.1010 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,532 | 5.1022 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 2,523 | 5.0441 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,000 | 5.0623 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 16,224 | 5.0704 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 10,179 | 5.0724 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 4,925 | 5.1043 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
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 | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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: | 05 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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SUPPLEMENTAL FORM 8 (OPEN POSITIONS) | |||||||
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 are being disclosed: | Barclays PLC. | ||||||
Name of offeror/offeree in relation to whose relevant securities this from relates: | AVIVA PLC | ||||||
| |||||||
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 | Put Options | Purchased | -10,000 | 456.4800 | American | 19-Dec-25 | |
32 17/19p ordinary | Call Options | Purchased | 10,000 | 557.9200 | American | 19-Dec-25 | |
32 17/19p ordinary | Call Options | Written | -241,316 | 4.4050 | European | 06-May-25 | |
32 17/19p ordinary | Call Options | Written | -120,784 | 5.3305 | European | 06-Jun-25 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 5.3176 | European | 05-Jun-25 | |
32 17/19p ordinary | Call Options | Written | -10,000 | 557.9200 | American | 19-Dec-25 | |
32 17/19p ordinary | Put Options | Written | 10,000 | 456.4800 | American | 19-Dec-25 | |
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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