7th Feb 2025 14:42
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 23/12/2024 15:07 RNS Number : 1711R | |||||||
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: | 20 Dec 2024 | |||||
(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: | 22,631,074 | 0.84% | 15,442,069 | 0.58% | |||
(2) Cash-settled derivatives: | 1,335,503 | 0.05% | 18,778,293 | 0.70% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 1,099,632 | 0.04% | |||
TOTAL: | 23,966,577 | 0.89% | 35,319,994 | 1.32% | |||
(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 | 1,401,686 | 4.5656 GBP | ||||
32 17/19p ordinary | Purchase | 1,118,740 | 4.5720 GBP | ||||
32 17/19p ordinary | Purchase | 514,001 | 4.5480 GBP | ||||
32 17/19p ordinary | Purchase | 250,000 | 4.8000 GBP | ||||
32 17/19p ordinary | Purchase | 158,442 | 4.5641 GBP | ||||
32 17/19p ordinary | Purchase | 113,468 | 4.5726 GBP | ||||
32 17/19p ordinary | Purchase | 63,236 | 4.5539 GBP | ||||
32 17/19p ordinary | Purchase | 55,382 | 4.5410 GBP | ||||
32 17/19p ordinary | Purchase | 34,430 | 4.5503 GBP | ||||
32 17/19p ordinary | Purchase | 30,431 | 4.5728 GBP | ||||
32 17/19p ordinary | Purchase | 29,435 | 4.5519 GBP | ||||
32 17/19p ordinary | Purchase | 27,981 | 4.5567 GBP | ||||
32 17/19p ordinary | Purchase | 26,420 | 4.5402 GBP | ||||
32 17/19p ordinary | Purchase | 25,167 | 4.5587 GBP | ||||
32 17/19p ordinary | Purchase | 23,528 | 4.5592 GBP | ||||
32 17/19p ordinary | Purchase | 21,161 | 4.5508 GBP | ||||
32 17/19p ordinary | Purchase | 20,151 | 4.5593 GBP | ||||
32 17/19p ordinary | Purchase | 18,600 | 4.5548 GBP | ||||
32 17/19p ordinary | Purchase | 17,215 | 4.5461 GBP | ||||
32 17/19p ordinary | Purchase | 14,801 | 4.5609 GBP | ||||
32 17/19p ordinary | Purchase | 14,717 | 4.5504 GBP | ||||
32 17/19p ordinary | Purchase | 13,967 | 4.5663 GBP | ||||
32 17/19p ordinary | Purchase | 11,509 | 4.5729 GBP | ||||
32 17/19p ordinary | Purchase | 10,414 | 4.5330 GBP | ||||
32 17/19p ordinary | Purchase | 9,261 | 4.5688 GBP | ||||
32 17/19p ordinary | Purchase | 8,428 | 4.5441 GBP | ||||
ADR | Purchase | 5,800 | 11.6444 USD | ||||
32 17/19p ordinary | Purchase | 4,829 | 4.5584 GBP | ||||
32 17/19p ordinary | Purchase | 4,394 | 4.5614 GBP | ||||
32 17/19p ordinary | Purchase | 4,041 | 4.5598 GBP | ||||
32 17/19p ordinary | Purchase | 3,836 | 4.5640 GBP | ||||
32 17/19p ordinary | Purchase | 3,127 | 4.5571 GBP | ||||
ADR | Purchase | 3,000 | 11.7300 USD | ||||
32 17/19p ordinary | Purchase | 2,547 | 4.5538 GBP | ||||
32 17/19p ordinary | Purchase | 2,464 | 4.5794 GBP | ||||
32 17/19p ordinary | Purchase | 2,375 | 4.5453 GBP | ||||
32 17/19p ordinary | Purchase | 2,293 | 4.5800 GBP | ||||
32 17/19p ordinary | Purchase | 2,207 | 4.5712 GBP | ||||
32 17/19p ordinary | Purchase | 2,169 | 4.5449 GBP | ||||
32 17/19p ordinary | Purchase | 2,143 | 4.5626 GBP | ||||
32 17/19p ordinary | Purchase | 2,058 | 4.5700 GBP | ||||
32 17/19p ordinary | Purchase | 1,869 | 4.5483 GBP | ||||
32 17/19p ordinary | Purchase | 1,836 | 4.5474 GBP | ||||
32 17/19p ordinary | Purchase | 1,811 | 4.5577 GBP | ||||
32 17/19p ordinary | Purchase | 1,710 | 4.5291 GBP | ||||
32 17/19p ordinary | Purchase | 1,216 | 4.5580 GBP | ||||
32 17/19p ordinary | Purchase | 1,173 | 4.5690 GBP | ||||
32 17/19p ordinary | Purchase | 1,081 | 4.5260 GBP | ||||
32 17/19p ordinary | Purchase | 1,041 | 4.5462 GBP | ||||
32 17/19p ordinary | Purchase | 1,039 | 4.5525 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 5.3305 GBP | ||||
32 17/19p ordinary | Purchase | 801 | 4.5591 GBP | ||||
32 17/19p ordinary | Purchase | 793 | 4.5540 GBP | ||||
32 17/19p ordinary | Purchase | 669 | 4.5326 GBP | ||||
32 17/19p ordinary | Purchase | 612 | 4.5798 GBP | ||||
32 17/19p ordinary | Purchase | 565 | 4.5610 GBP | ||||
32 17/19p ordinary | Purchase | 552 | 4.5310 GBP | ||||
32 17/19p ordinary | Purchase | 546 | 4.5819 GBP | ||||
32 17/19p ordinary | Purchase | 476 | 4.5570 GBP | ||||
32 17/19p ordinary | Purchase | 456 | 4.5877 GBP | ||||
32 17/19p ordinary | Purchase | 283 | 4.5659 GBP | ||||
32 17/19p ordinary | Purchase | 270 | 4.5860 GBP | ||||
32 17/19p ordinary | Purchase | 239 | 4.5490 GBP | ||||
32 17/19p ordinary | Purchase | 239 | 4.5489 GBP | ||||
32 17/19p ordinary | Purchase | 117 | 4.5769 GBP | ||||
32 17/19p ordinary | Purchase | 112 | 4.5475 GBP | ||||
32 17/19p ordinary | Purchase | 110 | 4.5530 GBP | ||||
32 17/19p ordinary | Sale | 808,966 | 4.5532 GBP | ||||
32 17/19p ordinary | Sale | 622,956 | 4.5720 GBP | ||||
32 17/19p ordinary | Sale | 234,236 | 4.5577 GBP | ||||
32 17/19p ordinary | Sale | 207,100 | 4.5670 GBP | ||||
32 17/19p ordinary | Sale | 102,000 | 4.5719 GBP | ||||
32 17/19p ordinary | Sale | 55,681 | 4.5426 GBP | ||||
32 17/19p ordinary | Sale | 53,780 | 4.5703 GBP | ||||
32 17/19p ordinary | Sale | 44,638 | 4.5644 GBP | ||||
32 17/19p ordinary | Sale | 26,059 | 4.5601 GBP | ||||
32 17/19p ordinary | Sale | 25,677 | 4.5655 GBP | ||||
32 17/19p ordinary | Sale | 20,241 | 4.5549 GBP | ||||
32 17/19p ordinary | Sale | 12,318 | 4.5707 GBP | ||||
32 17/19p ordinary | Sale | 10,600 | 4.5517 GBP | ||||
32 17/19p ordinary | Sale | 9,664 | 4.5490 GBP | ||||
32 17/19p ordinary | Sale | 6,859 | 4.5530 GBP | ||||
32 17/19p ordinary | Sale | 6,847 | 4.5710 GBP | ||||
32 17/19p ordinary | Sale | 6,278 | 4.5603 GBP | ||||
ADR | Sale | 5,800 | 11.6444 USD | ||||
32 17/19p ordinary | Sale | 5,681 | 4.5571 GBP | ||||
32 17/19p ordinary | Sale | 5,327 | 4.5570 GBP | ||||
32 17/19p ordinary | Sale | 4,714 | 4.5548 GBP | ||||
32 17/19p ordinary | Sale | 3,836 | 4.5640 GBP | ||||
ADR | Sale | 3,000 | 11.7300 USD | ||||
32 17/19p ordinary | Sale | 2,922 | 4.5447 GBP | ||||
32 17/19p ordinary | Sale | 2,673 | 4.5521 GBP | ||||
32 17/19p ordinary | Sale | 2,293 | 4.5800 GBP | ||||
32 17/19p ordinary | Sale | 2,058 | 4.5700 GBP | ||||
32 17/19p ordinary | Sale | 1,909 | 4.5408 GBP | ||||
32 17/19p ordinary | Sale | 1,644 | 4.5405 GBP | ||||
32 17/19p ordinary | Sale | 1,322 | 4.5810 GBP | ||||
32 17/19p ordinary | Sale | 1,112 | 4.5500 GBP | ||||
32 17/19p ordinary | Sale | 1,081 | 4.5260 GBP | ||||
32 17/19p ordinary | Sale | 876 | 4.5510 GBP | ||||
32 17/19p ordinary | Sale | 683 | 4.5634 GBP | ||||
32 17/19p ordinary | Sale | 635 | 4.5611 GBP | ||||
32 17/19p ordinary | Sale | 513 | 4.5620 GBP | ||||
32 17/19p ordinary | Sale | 270 | 4.5860 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 | Decreasing Short | 747,723 | 4.5528 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,363 | 4.5533 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 220 | 4.5544 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 20,241 | 4.5549 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 234,236 | 4.5577 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 746 | 4.5586 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 513 | 4.5620 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,104 | 4.5642 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,677 | 4.5655 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 37,190 | 4.5656 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,276 | 4.5668 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 150 | 4.5700 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,847 | 4.5710 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 102,000 | 4.5719 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,042 | 4.5748 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,710 | 4.5291 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 669 | 4.5326 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10,414 | 4.5330 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,229 | 4.5351 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,526 | 4.5390 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,420 | 4.5402 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 55,382 | 4.5410 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,375 | 4.5453 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,202 | 4.5456 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,215 | 4.5461 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 74,089 | 4.5503 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,717 | 4.5504 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,435 | 4.5519 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 63,236 | 4.5539 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,600 | 4.5548 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,694 | 4.5591 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 448,165 | 4.5601 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,394 | 4.5614 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 207,514 | 4.5618 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 283 | 4.5660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 14,625 | 4.5669 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,261 | 4.5688 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 382,719 | 4.5720 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 111,648 | 4.5726 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,431 | 4.5728 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,509 | 4.5729 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 117 | 4.5769 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 612 | 4.5798 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 119 | 4.5810 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 546 | 4.5819 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 456 | 4.5877 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 32 | 4.5881 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 10,117 | 4.5413 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 55,681 | 4.5426 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 310 | 4.5428 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 41,236 | 4.5526 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,706 | 4.5717 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 3,811 | 4.5719 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 27,458 | 4.5720 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 2,973 | 4.5729 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 227 | 4.5736 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 135 | 4.5448 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,547 | 4.5538 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,058 | 4.5700 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 578,948 | 4.5720 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 18,611 | 4.5761 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: | 07 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 | ||||||
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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 | -322,241 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -310,719 | 4.5547 | European | 23 Dec 2024 | |
32 17/19p ordinary | Call Options | Written | -241,305 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,790 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 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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