18th Mar 2025 14:51
FORM 8.3 - Amendment - this form replaces RNS number 9522A published at 10:52 on 17/03/2025, changes made to section 2a and 3a | |||||||
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 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: |
| |||||
(e) | Date position held/dealing undertaken: | 14 Mar 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: | 17,045,697 | 0.63% | 19,623,275 | 0.73% | |||
(2) Cash-settled derivatives: | 15,615,640 | 0.58% | 10,449,533 | 0.39% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 225,358 | 0.01% | |||
TOTAL: | 32,661,337 | 1.21% | 30,298,166 | 1.13% | |||
(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 | 610,250 | 5.4400 GBP | ||||
32 17/19p ordinary | Purchase | 240,313 | 5.4510 GBP | ||||
32 17/19p ordinary | Purchase | 170,229 | 5.4556 GBP | ||||
32 17/19p ordinary | Purchase | 164,728 | 5.4760 GBP | ||||
32 17/19p ordinary | Purchase | 133,356 | 5.4729 GBP | ||||
32 17/19p ordinary | Purchase | 79,409 | 5.4471 GBP | ||||
32 17/19p ordinary | Purchase | 69,451 | 5.4370 GBP | ||||
32 17/19p ordinary | Purchase | 56,434 | 5.4764 GBP | ||||
32 17/19p ordinary | Purchase | 55,395 | 5.4371 GBP | ||||
32 17/19p ordinary | Purchase | 45,822 | 5.4528 GBP | ||||
32 17/19p ordinary | Purchase | 38,009 | 5.4755 GBP | ||||
32 17/19p ordinary | Purchase | 33,444 | 5.4418 GBP | ||||
32 17/19p ordinary | Purchase | 31,005 | 5.4445 GBP | ||||
32 17/19p ordinary | Purchase | 29,750 | 5.4610 GBP | ||||
32 17/19p ordinary | Purchase | 22,942 | 5.4438 GBP | ||||
32 17/19p ordinary | Purchase | 22,447 | 5.4715 GBP | ||||
32 17/19p ordinary | Purchase | 21,836 | 5.4762 GBP | ||||
32 17/19p ordinary | Purchase | 19,674 | 5.4655 GBP | ||||
32 17/19p ordinary | Purchase | 19,402 | 5.4586 GBP | ||||
32 17/19p ordinary | Purchase | 16,076 | 5.4677 GBP | ||||
32 17/19p ordinary | Purchase | 13,580 | 5.4569 GBP | ||||
32 17/19p ordinary | Purchase | 11,294 | 5.4520 GBP | ||||
32 17/19p ordinary | Purchase | 10,967 | 5.4509 GBP | ||||
32 17/19p ordinary | Purchase | 6,220 | 5.4547 GBP | ||||
32 17/19p ordinary | Purchase | 6,152 | 5.4518 GBP | ||||
32 17/19p ordinary | Purchase | 5,957 | 5.4637 GBP | ||||
32 17/19p ordinary | Purchase | 5,202 | 5.4475 GBP | ||||
32 17/19p ordinary | Purchase | 4,615 | 5.4437 GBP | ||||
32 17/19p ordinary | Purchase | 4,192 | 5.4591 GBP | ||||
32 17/19p ordinary | Purchase | 3,194 | 5.4570 GBP | ||||
32 17/19p ordinary | Purchase | 2,765 | 5.4602 GBP | ||||
32 17/19p ordinary | Purchase | 2,422 | 5.4343 GBP | ||||
32 17/19p ordinary | Purchase | 2,361 | 5.4724 GBP | ||||
32 17/19p ordinary | Purchase | 2,325 | 5.4617 GBP | ||||
32 17/19p ordinary | Purchase | 1,900 | 5.3305 GBP | ||||
32 17/19p ordinary | Purchase | 1,850 | 5.4346 GBP | ||||
32 17/19p ordinary | Purchase | 1,211 | 5.4380 GBP | ||||
32 17/19p ordinary | Purchase | 1,191 | 5.4600 GBP | ||||
32 17/19p ordinary | Purchase | 1,161 | 5.4633 GBP | ||||
32 17/19p ordinary | Purchase | 1,134 | 5.4640 GBP | ||||
32 17/19p ordinary | Purchase | 1,127 | 5.4860 GBP | ||||
32 17/19p ordinary | Purchase | 1,107 | 5.4630 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 5.4660 GBP | ||||
32 17/19p ordinary | Purchase | 977 | 5.4551 GBP | ||||
32 17/19p ordinary | Purchase | 738 | 5.4444 GBP | ||||
32 17/19p ordinary | Purchase | 540 | 5.4740 GBP | ||||
32 17/19p ordinary | Purchase | 513 | 5.4680 GBP | ||||
32 17/19p ordinary | Purchase | 445 | 5.4460 GBP | ||||
32 17/19p ordinary | Purchase | 255 | 5.4020 GBP | ||||
32 17/19p ordinary | Purchase | 115 | 5.4639 GBP | ||||
32 17/19p ordinary | Purchase | 3 | 5.4810 GBP | ||||
32 17/19p ordinary | Sale | 318,520 | 5.4601 GBP | ||||
32 17/19p ordinary | Sale | 268,563 | 5.4603 GBP | ||||
32 17/19p ordinary | Sale | 206,359 | 5.4659 GBP | ||||
32 17/19p ordinary | Sale | 159,646 | 5.4539 GBP | ||||
32 17/19p ordinary | Sale | 143,350 | 5.3920 GBP | ||||
32 17/19p ordinary | Sale | 72,327 | 5.4760 GBP | ||||
32 17/19p ordinary | Sale | 70,640 | 5.4680 GBP | ||||
32 17/19p ordinary | Sale | 65,622 | 5.4731 GBP | ||||
32 17/19p ordinary | Sale | 44,393 | 5.4502 GBP | ||||
32 17/19p ordinary | Sale | 42,800 | 5.4756 GBP | ||||
32 17/19p ordinary | Sale | 33,811 | 5.4687 GBP | ||||
32 17/19p ordinary | Sale | 24,477 | 5.4753 GBP | ||||
32 17/19p ordinary | Sale | 19,868 | 5.4568 GBP | ||||
32 17/19p ordinary | Sale | 19,565 | 5.4532 GBP | ||||
32 17/19p ordinary | Sale | 18,950 | 5.4552 GBP | ||||
32 17/19p ordinary | Sale | 15,180 | 5.4735 GBP | ||||
32 17/19p ordinary | Sale | 13,855 | 5.4558 GBP | ||||
32 17/19p ordinary | Sale | 9,241 | 5.4573 GBP | ||||
32 17/19p ordinary | Sale | 8,982 | 5.4543 GBP | ||||
32 17/19p ordinary | Sale | 6,354 | 5.4879 GBP | ||||
32 17/19p ordinary | Sale | 5,591 | 5.4564 GBP | ||||
32 17/19p ordinary | Sale | 4,032 | 5.4755 GBP | ||||
32 17/19p ordinary | Sale | 3,951 | 5.4609 GBP | ||||
32 17/19p ordinary | Sale | 3,903 | 5.4285 GBP | ||||
32 17/19p ordinary | Sale | 3,806 | 5.4572 GBP | ||||
32 17/19p ordinary | Sale | 3,250 | 5.4610 GBP | ||||
32 17/19p ordinary | Sale | 3,055 | 5.4715 GBP | ||||
32 17/19p ordinary | Sale | 2,912 | 5.4744 GBP | ||||
32 17/19p ordinary | Sale | 2,725 | 5.4884 GBP | ||||
32 17/19p ordinary | Sale | 2,609 | 5.4815 GBP | ||||
32 17/19p ordinary | Sale | 1,867 | 5.4566 GBP | ||||
32 17/19p ordinary | Sale | 1,487 | 5.4900 GBP | ||||
32 17/19p ordinary | Sale | 1,337 | 5.4300 GBP | ||||
32 17/19p ordinary | Sale | 1,238 | 5.4559 GBP | ||||
32 17/19p ordinary | Sale | 1,191 | 5.4600 GBP | ||||
32 17/19p ordinary | Sale | 1,134 | 5.4640 GBP | ||||
32 17/19p ordinary | Sale | 923 | 5.4598 GBP | ||||
32 17/19p ordinary | Sale | 569 | 5.4608 GBP | ||||
32 17/19p ordinary | Sale | 544 | 5.4660 GBP | ||||
32 17/19p ordinary | Sale | 497 | 5.4319 GBP | ||||
32 17/19p ordinary | Sale | 227 | 5.4299 GBP | ||||
32 17/19p ordinary | Sale | 168 | 5.4710 GBP | ||||
32 17/19p ordinary | Sale | 136 | 5.4758 GBP | ||||
32 17/19p ordinary | Sale | 31 | 5.4179 GBP | ||||
32 17/19p ordinary | Sale | 20 | 5.4725 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 | 143,350 | 5.3919 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 40,602 | 5.4653 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 18,757 | 5.4654 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 31 | 5.4179 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,400 | 5.4289 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,337 | 5.4300 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 109,801 | 5.4316 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,678 | 5.4383 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 81,700 | 5.4498 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 13,855 | 5.4558 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,743 | 5.4568 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 738 | 5.4570 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,081 | 5.4574 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 923 | 5.4598 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 268,563 | 5.4603 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,951 | 5.4609 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 829 | 5.4624 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,265 | 5.4650 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 70,640 | 5.4680 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 41,763 | 5.4695 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 109 | 5.4701 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 43 | 5.4710 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 65,622 | 5.4731 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,882 | 5.4737 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 24,477 | 5.4753 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,032 | 5.4755 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 42,800 | 5.4756 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 136 | 5.4757 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 78,917 | 5.4759 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 109,921 | 5.4760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,609 | 5.4815 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 6,354 | 5.4879 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,725 | 5.4884 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,841 | 5.4268 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,974 | 5.4282 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 201 | 5.4364 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 52,398 | 5.4371 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 610,250 | 5.4400 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 33,444 | 5.4418 GBP | |||
32 17/19p ordinary | SWAP | Opening Short | 35,636 | 5.4454 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 208,615 | 5.4510 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,088 | 5.4520 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,787 | 5.4593 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,765 | 5.4602 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,759 | 5.4603 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 19,674 | 5.4655 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,613 | 5.4677 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 100,674 | 5.4714 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,361 | 5.4724 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 22,020 | 5.4729 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 28,618 | 5.4760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 114,930 | 5.4762 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 56,434 | 5.4764 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,175 | 5.4112 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 20,800 | 5.4760 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,807 | 5.4601 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 11,101 | 5.4756 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 11,101 | 5.4003 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 24,215 | 5.4004 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 25,754 | 5.4270 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: | 18 Mar 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
| |||||||
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 | Call Options | Written | -120,784 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,574 | 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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Related Shares:
AvivaBarclays