27th Feb 2025 14:45
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 26/02/2025 11:47 RNS Number : 5641Y | |||||||
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: | 25 Feb 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: | 28,969,740 | 1.08% | 26,853,638 | 1.00% | |||
(2) Cash-settled derivatives: | 10,627,678 | 0.40% | 21,504,933 | 0.80% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,671 | 0.02% | |||
TOTAL: | 39,617,418 | 1.48% | 48,845,242 | 1.82% | |||
(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 | 369,432 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 258,400 | 5.0731 GBP | ||||
32 17/19p ordinary | Purchase | 246,250 | 5.0702 GBP | ||||
32 17/19p ordinary | Purchase | 232,613 | 5.0746 GBP | ||||
32 17/19p ordinary | Purchase | 217,934 | 5.0820 GBP | ||||
32 17/19p ordinary | Purchase | 141,243 | 5.0740 GBP | ||||
32 17/19p ordinary | Purchase | 125,400 | 5.0795 GBP | ||||
32 17/19p ordinary | Purchase | 95,877 | 5.0815 GBP | ||||
32 17/19p ordinary | Purchase | 80,695 | 5.0565 GBP | ||||
32 17/19p ordinary | Purchase | 68,674 | 5.0761 GBP | ||||
32 17/19p ordinary | Purchase | 51,000 | 5.0320 GBP | ||||
32 17/19p ordinary | Purchase | 48,000 | 5.0705 GBP | ||||
32 17/19p ordinary | Purchase | 45,708 | 5.0841 GBP | ||||
32 17/19p ordinary | Purchase | 45,429 | 5.0652 GBP | ||||
32 17/19p ordinary | Purchase | 37,107 | 5.0714 GBP | ||||
32 17/19p ordinary | Purchase | 34,180 | 5.0545 GBP | ||||
32 17/19p ordinary | Purchase | 32,629 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 27,691 | 5.0650 GBP | ||||
32 17/19p ordinary | Purchase | 27,292 | 5.0706 GBP | ||||
32 17/19p ordinary | Purchase | 26,281 | 5.0661 GBP | ||||
32 17/19p ordinary | Purchase | 24,987 | 5.0651 GBP | ||||
32 17/19p ordinary | Purchase | 22,337 | 5.0767 GBP | ||||
32 17/19p ordinary | Purchase | 21,529 | 5.0738 GBP | ||||
32 17/19p ordinary | Purchase | 21,156 | 5.0689 GBP | ||||
32 17/19p ordinary | Purchase | 20,812 | 5.0576 GBP | ||||
32 17/19p ordinary | Purchase | 19,866 | 5.0665 GBP | ||||
32 17/19p ordinary | Purchase | 17,490 | 5.0753 GBP | ||||
32 17/19p ordinary | Purchase | 16,706 | 5.0542 GBP | ||||
32 17/19p ordinary | Purchase | 16,084 | 5.0724 GBP | ||||
32 17/19p ordinary | Purchase | 15,036 | 5.0507 GBP | ||||
32 17/19p ordinary | Purchase | 15,011 | 5.0310 GBP | ||||
32 17/19p ordinary | Purchase | 13,900 | 5.0709 GBP | ||||
32 17/19p ordinary | Purchase | 13,731 | 5.0723 GBP | ||||
32 17/19p ordinary | Purchase | 13,378 | 5.0745 GBP | ||||
32 17/19p ordinary | Purchase | 12,575 | 5.0415 GBP | ||||
32 17/19p ordinary | Purchase | 11,469 | 5.0624 GBP | ||||
32 17/19p ordinary | Purchase | 10,953 | 5.0737 GBP | ||||
32 17/19p ordinary | Purchase | 9,228 | 5.0741 GBP | ||||
32 17/19p ordinary | Purchase | 8,302 | 5.0674 GBP | ||||
32 17/19p ordinary | Purchase | 8,076 | 5.0765 GBP | ||||
32 17/19p ordinary | Purchase | 7,290 | 5.0603 GBP | ||||
32 17/19p ordinary | Purchase | 6,350 | 5.0698 GBP | ||||
32 17/19p ordinary | Purchase | 3,473 | 5.0040 GBP | ||||
32 17/19p ordinary | Purchase | 3,298 | 5.0780 GBP | ||||
32 17/19p ordinary | Purchase | 3,126 | 5.0000 GBP | ||||
32 17/19p ordinary | Purchase | 2,795 | 5.0720 GBP | ||||
32 17/19p ordinary | Purchase | 2,759 | 5.0640 GBP | ||||
32 17/19p ordinary | Purchase | 2,669 | 5.0680 GBP | ||||
32 17/19p ordinary | Purchase | 2,408 | 5.0800 GBP | ||||
32 17/19p ordinary | Purchase | 2,331 | 5.0681 GBP | ||||
32 17/19p ordinary | Purchase | 2,210 | 5.0685 GBP | ||||
32 17/19p ordinary | Purchase | 2,104 | 5.0713 GBP | ||||
32 17/19p ordinary | Purchase | 1,981 | 5.0620 GBP | ||||
32 17/19p ordinary | Purchase | 1,529 | 5.0843 GBP | ||||
32 17/19p ordinary | Purchase | 1,168 | 5.0349 GBP | ||||
32 17/19p ordinary | Purchase | 1,028 | 5.0860 GBP | ||||
32 17/19p ordinary | Purchase | 903 | 5.0570 GBP | ||||
32 17/19p ordinary | Purchase | 767 | 5.0814 GBP | ||||
32 17/19p ordinary | Purchase | 753 | 5.0440 GBP | ||||
32 17/19p ordinary | Purchase | 699 | 4.9980 GBP | ||||
32 17/19p ordinary | Purchase | 622 | 5.0660 GBP | ||||
32 17/19p ordinary | Purchase | 597 | 5.0360 GBP | ||||
32 17/19p ordinary | Purchase | 540 | 5.0900 GBP | ||||
32 17/19p ordinary | Purchase | 403 | 4.9981 GBP | ||||
32 17/19p ordinary | Purchase | 385 | 5.0710 GBP | ||||
32 17/19p ordinary | Purchase | 380 | 5.0520 GBP | ||||
32 17/19p ordinary | Purchase | 229 | 5.0836 GBP | ||||
ADR | Purchase | 200 | 13.0100 USD | ||||
32 17/19p ordinary | Purchase | 146 | 5.0420 GBP | ||||
32 17/19p ordinary | Purchase | 54 | 5.0500 GBP | ||||
32 17/19p ordinary | Purchase | 54 | 5.0730 GBP | ||||
32 17/19p ordinary | Purchase | 52 | 5.0160 GBP | ||||
32 17/19p ordinary | Sale | 980,929 | 5.0663 GBP | ||||
32 17/19p ordinary | Sale | 463,780 | 5.0735 GBP | ||||
32 17/19p ordinary | Sale | 364,056 | 5.0814 GBP | ||||
32 17/19p ordinary | Sale | 286,700 | 5.0655 GBP | ||||
32 17/19p ordinary | Sale | 267,754 | 5.0819 GBP | ||||
32 17/19p ordinary | Sale | 225,764 | 5.0703 GBP | ||||
32 17/19p ordinary | Sale | 192,664 | 5.0706 GBP | ||||
32 17/19p ordinary | Sale | 178,634 | 5.0815 GBP | ||||
32 17/19p ordinary | Sale | 141,125 | 5.0705 GBP | ||||
32 17/19p ordinary | Sale | 109,573 | 5.0722 GBP | ||||
32 17/19p ordinary | Sale | 102,348 | 5.0678 GBP | ||||
32 17/19p ordinary | Sale | 101,968 | 5.0817 GBP | ||||
32 17/19p ordinary | Sale | 80,846 | 5.0820 GBP | ||||
32 17/19p ordinary | Sale | 54,787 | 5.0624 GBP | ||||
32 17/19p ordinary | Sale | 41,066 | 5.0714 GBP | ||||
32 17/19p ordinary | Sale | 36,819 | 5.0351 GBP | ||||
32 17/19p ordinary | Sale | 32,449 | 5.0782 GBP | ||||
32 17/19p ordinary | Sale | 31,641 | 5.0739 GBP | ||||
32 17/19p ordinary | Sale | 21,316 | 5.0514 GBP | ||||
32 17/19p ordinary | Sale | 17,513 | 5.0690 GBP | ||||
32 17/19p ordinary | Sale | 16,174 | 5.0674 GBP | ||||
32 17/19p ordinary | Sale | 15,835 | 4.9963 GBP | ||||
32 17/19p ordinary | Sale | 13,665 | 5.0558 GBP | ||||
32 17/19p ordinary | Sale | 12,535 | 5.0812 GBP | ||||
32 17/19p ordinary | Sale | 11,982 | 5.0358 GBP | ||||
32 17/19p ordinary | Sale | 11,389 | 5.0737 GBP | ||||
32 17/19p ordinary | Sale | 10,432 | 5.0785 GBP | ||||
32 17/19p ordinary | Sale | 9,114 | 5.0585 GBP | ||||
32 17/19p ordinary | Sale | 8,842 | 5.0350 GBP | ||||
32 17/19p ordinary | Sale | 7,770 | 5.0733 GBP | ||||
32 17/19p ordinary | Sale | 6,116 | 5.0695 GBP | ||||
32 17/19p ordinary | Sale | 4,819 | 5.0760 GBP | ||||
32 17/19p ordinary | Sale | 4,488 | 5.0629 GBP | ||||
32 17/19p ordinary | Sale | 4,152 | 5.0740 GBP | ||||
32 17/19p ordinary | Sale | 3,746 | 5.0720 GBP | ||||
32 17/19p ordinary | Sale | 3,731 | 5.0000 GBP | ||||
32 17/19p ordinary | Sale | 3,595 | 5.0627 GBP | ||||
32 17/19p ordinary | Sale | 3,543 | 5.0680 GBP | ||||
32 17/19p ordinary | Sale | 3,473 | 5.0040 GBP | ||||
32 17/19p ordinary | Sale | 3,226 | 5.0780 GBP | ||||
32 17/19p ordinary | Sale | 3,005 | 5.0800 GBP | ||||
32 17/19p ordinary | Sale | 2,759 | 5.0640 GBP | ||||
32 17/19p ordinary | Sale | 2,000 | 5.0580 GBP | ||||
32 17/19p ordinary | Sale | 2,000 | 4.4050 GBP | ||||
32 17/19p ordinary | Sale | 1,981 | 5.0620 GBP | ||||
32 17/19p ordinary | Sale | 1,572 | 5.0397 GBP | ||||
32 17/19p ordinary | Sale | 1,429 | 5.0716 GBP | ||||
32 17/19p ordinary | Sale | 1,342 | 5.0813 GBP | ||||
32 17/19p ordinary | Sale | 1,262 | 5.0700 GBP | ||||
32 17/19p ordinary | Sale | 1,157 | 5.0838 GBP | ||||
32 17/19p ordinary | Sale | 1,028 | 5.0860 GBP | ||||
32 17/19p ordinary | Sale | 952 | 5.0595 GBP | ||||
32 17/19p ordinary | Sale | 925 | 5.0826 GBP | ||||
32 17/19p ordinary | Sale | 793 | 5.0315 GBP | ||||
32 17/19p ordinary | Sale | 775 | 5.0618 GBP | ||||
32 17/19p ordinary | Sale | 622 | 5.0660 GBP | ||||
32 17/19p ordinary | Sale | 597 | 5.0360 GBP | ||||
32 17/19p ordinary | Sale | 571 | 5.0340 GBP | ||||
32 17/19p ordinary | Sale | 542 | 5.0322 GBP | ||||
32 17/19p ordinary | Sale | 507 | 5.0816 GBP | ||||
32 17/19p ordinary | Sale | 491 | 5.0830 GBP | ||||
32 17/19p ordinary | Sale | 380 | 5.0520 GBP | ||||
32 17/19p ordinary | Sale | 318 | 5.0840 GBP | ||||
ADR | Sale | 200 | 13.0100 USD | ||||
32 17/19p ordinary | Sale | 186 | 5.0764 GBP | ||||
32 17/19p ordinary | Sale | 146 | 5.0420 GBP | ||||
32 17/19p ordinary | Sale | 131 | 5.0671 GBP | ||||
32 17/19p ordinary | Sale | 130 | 4.9940 GBP | ||||
32 17/19p ordinary | Sale | 95 | 5.0229 GBP | ||||
32 17/19p ordinary | Sale | 54 | 5.0500 GBP | ||||
32 17/19p ordinary | Sale | 54 | 5.0730 GBP | ||||
32 17/19p ordinary | Sale | 54 | 5.0731 GBP | ||||
32 17/19p ordinary | Sale | 21 | 5.0728 GBP | ||||
32 17/19p ordinary | Sale | 14 | 5.0770 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 | 31,611 | 5.0726 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 95 | 5.0229 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 542 | 5.0322 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,114 | 5.0585 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 775 | 5.0618 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,488 | 5.0629 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,496 | 5.0649 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 286,700 | 5.0655 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 60,088 | 5.0662 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 874 | 5.0680 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,116 | 5.0695 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,476 | 5.0697 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 93,765 | 5.0701 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 225,764 | 5.0703 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 130,338 | 5.0705 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 144,709 | 5.0706 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 13,178 | 5.0711 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 41,066 | 5.0714 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,770 | 5.0733 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,389 | 5.0737 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,449 | 5.0782 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,432 | 5.0785 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,535 | 5.0812 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 118,133 | 5.0815 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 155,657 | 5.0816 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 282,152 | 5.0817 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 270,490 | 5.0819 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 81,546 | 5.0820 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 699 | 4.9980 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 403 | 4.9981 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26 | 5.0160 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 51,000 | 5.0320 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,473 | 5.0359 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,157 | 5.0533 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 61,946 | 5.0567 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,812 | 5.0576 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,161 | 5.0661 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,302 | 5.0674 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,098 | 5.0695 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 200 | 5.0700 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 48,000 | 5.0705 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,900 | 5.0709 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 51,597 | 5.0724 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 82,987 | 5.0729 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 258,400 | 5.0731 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,725 | 5.0738 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,388 | 5.0740 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 22,337 | 5.0767 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 72 | 5.0780 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 125,400 | 5.0795 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 95,877 | 5.0815 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 112,664 | 5.0820 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 45,708 | 5.0841 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,075 | 5.0690 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 36,819 | 5.0351 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 20,909 | 5.0711 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 2,026 | 5.0816 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 2,026 | 5.0003 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 12,575 | 5.0414 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 200 | 5.0603 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 63 | 5.0620 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 12,085 | 5.0754 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 24,361 | 5.0860 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 |
| |||||
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: | 27 Feb 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 | Put Options | Purchased | -10,000 | 462.2400 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Purchased | 10,000 | 564.9600 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Written | -241,308 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,786 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 5.3176 | European | 05 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -10,000 | 564.9600 | American | 19 Dec 2025 | |
32 17/19p ordinary | Put Options | Written | 10,000 | 462.2400 | 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: | |||||||
| |||||||