10th Feb 2025 09:26
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 03/02/2025 13:49 RNS Number : 7018V | |||||||
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: | 31 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: | 21,756,027 | 0.81% | 20,395,262 | 0.76% | |||
(2) Cash-settled derivatives: | 3,131,936 | 0.12% | 15,998,248 | 0.60% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,686 | 0.02% | |||
TOTAL: | 24,907,963 | 0.93% | 36,880,196 | 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 | 290,830 | 5.1412 GBP | ||||
32 17/19p ordinary | Purchase | 235,679 | 5.1400 GBP | ||||
32 17/19p ordinary | Purchase | 111,133 | 5.1525 GBP | ||||
32 17/19p ordinary | Purchase | 109,345 | 5.1403 GBP | ||||
32 17/19p ordinary | Purchase | 58,555 | 5.1507 GBP | ||||
32 17/19p ordinary | Purchase | 56,079 | 5.1421 GBP | ||||
32 17/19p ordinary | Purchase | 52,510 | 5.1430 GBP | ||||
32 17/19p ordinary | Purchase | 47,948 | 5.1404 GBP | ||||
32 17/19p ordinary | Purchase | 30,026 | 5.1448 GBP | ||||
32 17/19p ordinary | Purchase | 19,403 | 5.1384 GBP | ||||
32 17/19p ordinary | Purchase | 14,298 | 5.1504 GBP | ||||
32 17/19p ordinary | Purchase | 10,663 | 5.1490 GBP | ||||
32 17/19p ordinary | Purchase | 6,848 | 5.1474 GBP | ||||
32 17/19p ordinary | Purchase | 6,483 | 5.1522 GBP | ||||
32 17/19p ordinary | Purchase | 6,352 | 5.1402 GBP | ||||
32 17/19p ordinary | Purchase | 4,742 | 5.1499 GBP | ||||
32 17/19p ordinary | Purchase | 2,758 | 5.1453 GBP | ||||
32 17/19p ordinary | Purchase | 1,688 | 5.1356 GBP | ||||
32 17/19p ordinary | Purchase | 1,684 | 5.1510 GBP | ||||
32 17/19p ordinary | Purchase | 1,463 | 5.1392 GBP | ||||
ADR | Purchase | 1,192 | 12.8600 USD | ||||
32 17/19p ordinary | Purchase | 1,143 | 5.1364 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 5.3305 GBP | ||||
32 17/19p ordinary | Purchase | 508 | 5.1434 GBP | ||||
32 17/19p ordinary | Purchase | 313 | 5.1520 GBP | ||||
32 17/19p ordinary | Purchase | 172 | 5.1600 GBP | ||||
32 17/19p ordinary | Sale | 176,786 | 5.1400 GBP | ||||
32 17/19p ordinary | Sale | 172,533 | 5.1435 GBP | ||||
32 17/19p ordinary | Sale | 151,094 | 5.1388 GBP | ||||
32 17/19p ordinary | Sale | 88,638 | 5.1398 GBP | ||||
32 17/19p ordinary | Sale | 43,890 | 5.1401 GBP | ||||
32 17/19p ordinary | Sale | 29,434 | 5.1410 GBP | ||||
32 17/19p ordinary | Sale | 22,581 | 5.1517 GBP | ||||
32 17/19p ordinary | Sale | 19,782 | 5.1417 GBP | ||||
32 17/19p ordinary | Sale | 18,987 | 5.1513 GBP | ||||
32 17/19p ordinary | Sale | 12,407 | 5.1453 GBP | ||||
32 17/19p ordinary | Sale | 9,328 | 5.1471 GBP | ||||
32 17/19p ordinary | Sale | 7,077 | 5.1532 GBP | ||||
32 17/19p ordinary | Sale | 6,184 | 5.1379 GBP | ||||
32 17/19p ordinary | Sale | 5,808 | 5.1638 GBP | ||||
32 17/19p ordinary | Sale | 4,683 | 5.1533 GBP | ||||
32 17/19p ordinary | Sale | 4,638 | 5.1399 GBP | ||||
32 17/19p ordinary | Sale | 4,068 | 5.1543 GBP | ||||
32 17/19p ordinary | Sale | 3,589 | 5.1386 GBP | ||||
32 17/19p ordinary | Sale | 2,634 | 5.1538 GBP | ||||
32 17/19p ordinary | Sale | 1,931 | 5.1452 GBP | ||||
32 17/19p ordinary | Sale | 1,923 | 5.1447 GBP | ||||
32 17/19p ordinary | Sale | 1,797 | 5.1360 GBP | ||||
32 17/19p ordinary | Sale | 1,778 | 5.1522 GBP | ||||
32 17/19p ordinary | Sale | 1,515 | 5.1350 GBP | ||||
32 17/19p ordinary | Sale | 1,390 | 5.1357 GBP | ||||
32 17/19p ordinary | Sale | 1,367 | 5.1519 GBP | ||||
ADR | Sale | 1,192 | 12.8600 USD | ||||
32 17/19p ordinary | Sale | 1,169 | 5.1659 GBP | ||||
32 17/19p ordinary | Sale | 705 | 5.1500 GBP | ||||
32 17/19p ordinary | Sale | 693 | 5.1419 GBP | ||||
32 17/19p ordinary | Sale | 676 | 5.1660 GBP | ||||
32 17/19p ordinary | Sale | 510 | 5.1555 GBP | ||||
32 17/19p ordinary | Sale | 508 | 5.1440 GBP | ||||
32 17/19p ordinary | Sale | 485 | 5.1549 GBP | ||||
32 17/19p ordinary | Sale | 477 | 5.1640 GBP | ||||
32 17/19p ordinary | Sale | 432 | 5.1548 GBP | ||||
32 17/19p ordinary | Sale | 313 | 5.1520 GBP | ||||
32 17/19p ordinary | Sale | 287 | 5.1306 GBP | ||||
32 17/19p ordinary | Sale | 232 | 5.1319 GBP | ||||
32 17/19p ordinary | Sale | 172 | 5.1600 GBP | ||||
32 17/19p ordinary | Sale | 8 | 5.1575 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 | 36,462 | 5.1430 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 287 | 5.1306 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 654 | 5.1320 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,390 | 5.1357 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,589 | 5.1386 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 151,094 | 5.1388 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,462 | 5.1390 USD | |||
32 17/19p ordinary | SWAP | Decreasing Short | 88,638 | 5.1398 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,638 | 5.1399 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 192 | 5.1400 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,782 | 5.1417 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16 | 5.1437 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,923 | 5.1447 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,931 | 5.1452 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 445 | 5.1456 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,309 | 5.1458 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,351 | 5.1459 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,566 | 5.1472 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11 | 5.1499 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 628 | 5.1500 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,987 | 5.1513 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 22,581 | 5.1517 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,759 | 5.1528 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 432 | 5.1548 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8 | 5.1574 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,869 | 5.1594 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,182 | 5.1600 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,808 | 5.1638 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,169 | 5.1659 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 27,630 | 5.1386 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 82,019 | 5.1400 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 154,433 | 5.1401 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,352 | 5.1402 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 109,345 | 5.1403 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 47,948 | 5.1404 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 56,079 | 5.1421 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,026 | 5.1448 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 23,526 | 5.1451 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,758 | 5.1453 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,551 | 5.1480 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10,663 | 5.1490 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,718 | 5.1493 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,742 | 5.1499 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 58,555 | 5.1507 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 800 | 5.1511 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,782 | 5.1517 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,277 | 5.1618 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 6,109 | 5.1335 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 172,533 | 5.1435 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 645 | 5.1496 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 645 | 5.1403 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 111,133 | 5.1525 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 10 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 | Put Options | Purchased | -10,000 | 456.4800 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Purchased | 10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Written | -241,315 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,793 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 5.3176 | European | 05 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Put Options | Written | 10,000 | 456.4800 | American | 19 Dec 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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