25th Mar 2025 12:10
AMENDMENT CHANGES TO SECTIONS 2(a) & 3(b). REPLACES RNS 8994B
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: | Jefferies International Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Aviva plc
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(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: For an opening position disclosure, state the latest practicable date prior to the disclosure |
21st March 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? If it is a cash offer or possible cash offer, state "N/A" |
Direct Line Insurance Group plc
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2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: | 0 | 0.000 | 97,979 | 0.003 |
(2) Cash-settled derivatives:
| 9,046,722 | 0.337 | 8,943,404 | 0.334 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
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TOTAL: | 9,046,722 | 0.337 | 9,041,383 | 0.337 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: |
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Details, including nature of the rights concerned and relevant percentages: |
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3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit (GBX) |
32 17/19p ordinary | Purchase
Sale | 2,652 68 15,000 68 18,000 86 2,907 10,311 2,846 4,161 2,293 112,705 17,141 3,111 34 12,702 49,900 34 34 34 34 187,340 126 60,207
8,268 15,000 60 174 106 15,318 68 137 75 10,106 1,457 1,124 2,611 208 298 106 106 476 124 398 2,210 266 106 43 140 106 212 293 166 16,033 106 246 329 682 550 38 346 804 232 154 1,557 205,863 394 352 901 368 120 120 464 360 52 120 120 120 | 550.0000 550.4000 550.6200 550.7000 551.2400 551.5000 551.6000 552.0000 552.2000 552.4000 553.0000 553.1848 553.4000 553.6167 553.7000 553.8000 553.8400 554.1000 554.3000 554.7000 554.8000 555.0000 555.2000 555.6664
550.0000 550.2000 550.3000 550.4000 550.5000 550.6000 550.7000 550.8000 550.9000 551.0000 551.2000 551.3000 551.5000 551.6000 551.7000 552.4000 552.5000 552.6000 552.7000 552.8000 552.9283 553.0000 553.3000 553.3800 553.4000 553.5000 553.6000 553.7000 553.8000 553.8600 553.9000 554.1000 554.2000 554.3000 554.4000 554.5800 554.6000 554.7000 554.8000 554.9000 554.9445 555.0000 555.2000 555.3000 555.3050 555.4000 555.6000 555.7000 555.8000 555.9000 555.9600 556.0000 556.2000 556.3000 |
· Please note, please also see other deal section at the bottom of the form.
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBX) |
32 17/19p ordinary | Swap Swap Swap | Reducing a Long Position Reducing a Long Position Increasing a Long Position | 10,562 1,817 1,557 | 553.5107 553.5107 554.9448 |
· Please note, please also see other deal section at the bottom of the form.
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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4. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 25th March 2025 |
| Contact name: | Jason Williams |
| Telephone number | 020 7029 8706 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Aviva