27th Feb 2025 14:39
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 25/02/2025 13:07 RNS Number : 4146Y | |||||||
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: | 24 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: | 30,237,261 | 1.13% | 26,780,471 | 1.00% | |||
(2) Cash-settled derivatives: | 10,644,561 | 0.40% | 22,535,751 | 0.84% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,689 | 0.02% | |||
TOTAL: | 40,901,822 | 1.53% | 49,802,911 | 1.85% | |||
(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 | 438,799 | 4.9923 GBP | ||||
32 17/19p ordinary | Purchase | 206,751 | 5.0207 GBP | ||||
32 17/19p ordinary | Purchase | 171,767 | 5.0280 GBP | ||||
32 17/19p ordinary | Purchase | 168,895 | 4.9896 GBP | ||||
32 17/19p ordinary | Purchase | 159,116 | 4.9889 GBP | ||||
32 17/19p ordinary | Purchase | 144,442 | 4.9938 GBP | ||||
32 17/19p ordinary | Purchase | 113,933 | 4.9909 GBP | ||||
32 17/19p ordinary | Purchase | 65,738 | 4.9887 GBP | ||||
32 17/19p ordinary | Purchase | 51,133 | 5.0050 GBP | ||||
32 17/19p ordinary | Purchase | 50,235 | 4.9894 GBP | ||||
32 17/19p ordinary | Purchase | 41,681 | 4.9968 GBP | ||||
32 17/19p ordinary | Purchase | 38,637 | 4.9899 GBP | ||||
32 17/19p ordinary | Purchase | 28,149 | 4.9868 GBP | ||||
32 17/19p ordinary | Purchase | 26,740 | 4.9911 GBP | ||||
32 17/19p ordinary | Purchase | 24,932 | 4.9860 GBP | ||||
32 17/19p ordinary | Purchase | 21,666 | 5.0067 GBP | ||||
32 17/19p ordinary | Purchase | 17,418 | 4.9992 GBP | ||||
32 17/19p ordinary | Purchase | 17,273 | 4.9864 GBP | ||||
32 17/19p ordinary | Purchase | 13,249 | 5.0270 GBP | ||||
32 17/19p ordinary | Purchase | 12,543 | 4.9866 GBP | ||||
32 17/19p ordinary | Purchase | 10,722 | 4.9862 GBP | ||||
32 17/19p ordinary | Purchase | 10,403 | 4.9901 GBP | ||||
32 17/19p ordinary | Purchase | 8,535 | 5.0284 GBP | ||||
32 17/19p ordinary | Purchase | 7,797 | 4.9883 GBP | ||||
32 17/19p ordinary | Purchase | 6,533 | 4.9826 GBP | ||||
32 17/19p ordinary | Purchase | 5,859 | 4.9982 GBP | ||||
32 17/19p ordinary | Purchase | 5,061 | 4.9890 GBP | ||||
32 17/19p ordinary | Purchase | 5,054 | 4.9880 GBP | ||||
32 17/19p ordinary | Purchase | 4,838 | 4.9885 GBP | ||||
32 17/19p ordinary | Purchase | 4,622 | 4.9910 GBP | ||||
32 17/19p ordinary | Purchase | 4,531 | 4.9988 GBP | ||||
32 17/19p ordinary | Purchase | 4,477 | 4.9921 GBP | ||||
32 17/19p ordinary | Purchase | 3,986 | 4.9940 GBP | ||||
32 17/19p ordinary | Purchase | 3,777 | 4.9895 GBP | ||||
32 17/19p ordinary | Purchase | 2,676 | 4.9920 GBP | ||||
32 17/19p ordinary | Purchase | 2,569 | 4.9855 GBP | ||||
32 17/19p ordinary | Purchase | 2,370 | 4.9950 GBP | ||||
32 17/19p ordinary | Purchase | 2,349 | 5.0180 GBP | ||||
32 17/19p ordinary | Purchase | 2,021 | 5.0001 GBP | ||||
32 17/19p ordinary | Purchase | 1,944 | 4.9870 GBP | ||||
32 17/19p ordinary | Purchase | 1,434 | 4.9900 GBP | ||||
32 17/19p ordinary | Purchase | 1,190 | 4.9850 GBP | ||||
32 17/19p ordinary | Purchase | 1,178 | 4.9865 GBP | ||||
ADR | Purchase | 1,000 | 12.7600 USD | ||||
32 17/19p ordinary | Purchase | 933 | 4.9856 GBP | ||||
32 17/19p ordinary | Purchase | 693 | 4.9907 GBP | ||||
32 17/19p ordinary | Purchase | 595 | 4.9960 GBP | ||||
32 17/19p ordinary | Purchase | 531 | 5.0040 GBP | ||||
32 17/19p ordinary | Purchase | 497 | 5.0120 GBP | ||||
32 17/19p ordinary | Purchase | 430 | 4.9955 GBP | ||||
32 17/19p ordinary | Purchase | 397 | 4.9959 GBP | ||||
32 17/19p ordinary | Purchase | 258 | 5.0146 GBP | ||||
ADR | Purchase | 200 | 12.7300 USD | ||||
32 17/19p ordinary | Purchase | 160 | 4.9872 GBP | ||||
32 17/19p ordinary | Purchase | 145 | 4.9830 GBP | ||||
32 17/19p ordinary | Purchase | 129 | 4.9730 GBP | ||||
32 17/19p ordinary | Purchase | 119 | 5.0100 GBP | ||||
32 17/19p ordinary | Purchase | 109 | 5.0160 GBP | ||||
32 17/19p ordinary | Purchase | 34 | 4.9930 GBP | ||||
ADR | Purchase | 8 | 12.8200 USD | ||||
32 17/19p ordinary | Sale | 544,730 | 4.9835 GBP | ||||
32 17/19p ordinary | Sale | 302,771 | 4.9841 GBP | ||||
32 17/19p ordinary | Sale | 252,987 | 4.9892 GBP | ||||
32 17/19p ordinary | Sale | 211,443 | 5.0273 GBP | ||||
32 17/19p ordinary | Sale | 178,410 | 5.0256 GBP | ||||
32 17/19p ordinary | Sale | 148,312 | 4.9920 GBP | ||||
32 17/19p ordinary | Sale | 147,477 | 4.9890 GBP | ||||
32 17/19p ordinary | Sale | 145,070 | 4.9895 GBP | ||||
32 17/19p ordinary | Sale | 127,382 | 4.9881 GBP | ||||
32 17/19p ordinary | Sale | 86,010 | 4.9845 GBP | ||||
32 17/19p ordinary | Sale | 82,632 | 4.9935 GBP | ||||
32 17/19p ordinary | Sale | 78,794 | 4.9906 GBP | ||||
32 17/19p ordinary | Sale | 73,117 | 5.0280 GBP | ||||
32 17/19p ordinary | Sale | 71,436 | 4.9986 GBP | ||||
32 17/19p ordinary | Sale | 63,020 | 4.9893 GBP | ||||
32 17/19p ordinary | Sale | 54,014 | 4.9840 GBP | ||||
32 17/19p ordinary | Sale | 53,216 | 4.9875 GBP | ||||
32 17/19p ordinary | Sale | 50,000 | 4.9914 GBP | ||||
32 17/19p ordinary | Sale | 43,005 | 4.9775 GBP | ||||
32 17/19p ordinary | Sale | 40,000 | 5.0267 GBP | ||||
32 17/19p ordinary | Sale | 33,672 | 5.0279 GBP | ||||
32 17/19p ordinary | Sale | 26,091 | 4.9849 GBP | ||||
32 17/19p ordinary | Sale | 21,608 | 4.9889 GBP | ||||
32 17/19p ordinary | Sale | 18,356 | 4.9995 GBP | ||||
32 17/19p ordinary | Sale | 15,365 | 4.9983 GBP | ||||
32 17/19p ordinary | Sale | 12,185 | 4.9936 GBP | ||||
32 17/19p ordinary | Sale | 11,037 | 4.9899 GBP | ||||
32 17/19p ordinary | Sale | 10,948 | 4.9829 GBP | ||||
32 17/19p ordinary | Sale | 10,630 | 4.9860 GBP | ||||
32 17/19p ordinary | Sale | 9,947 | 4.9859 GBP | ||||
32 17/19p ordinary | Sale | 8,005 | 4.9888 GBP | ||||
32 17/19p ordinary | Sale | 7,571 | 5.0103 GBP | ||||
32 17/19p ordinary | Sale | 5,702 | 4.9901 GBP | ||||
32 17/19p ordinary | Sale | 5,443 | 5.0171 GBP | ||||
32 17/19p ordinary | Sale | 5,339 | 4.9998 GBP | ||||
32 17/19p ordinary | Sale | 5,191 | 5.0002 GBP | ||||
32 17/19p ordinary | Sale | 4,842 | 4.9930 GBP | ||||
32 17/19p ordinary | Sale | 3,707 | 4.9963 GBP | ||||
32 17/19p ordinary | Sale | 3,505 | 4.9948 GBP | ||||
32 17/19p ordinary | Sale | 3,465 | 4.9987 GBP | ||||
32 17/19p ordinary | Sale | 2,754 | 4.9822 GBP | ||||
32 17/19p ordinary | Sale | 2,370 | 4.9950 GBP | ||||
32 17/19p ordinary | Sale | 2,196 | 4.9886 GBP | ||||
32 17/19p ordinary | Sale | 1,643 | 4.9880 GBP | ||||
32 17/19p ordinary | Sale | 1,391 | 4.9870 GBP | ||||
32 17/19p ordinary | Sale | 1,243 | 4.9867 GBP | ||||
32 17/19p ordinary | Sale | 1,190 | 4.9850 GBP | ||||
ADR | Sale | 1,000 | 12.7600 USD | ||||
32 17/19p ordinary | Sale | 747 | 4.9916 GBP | ||||
32 17/19p ordinary | Sale | 735 | 4.9830 GBP | ||||
32 17/19p ordinary | Sale | 660 | 4.9900 GBP | ||||
32 17/19p ordinary | Sale | 599 | 5.0180 GBP | ||||
32 17/19p ordinary | Sale | 578 | 4.9800 GBP | ||||
32 17/19p ordinary | Sale | 537 | 5.0140 GBP | ||||
32 17/19p ordinary | Sale | 531 | 5.0040 GBP | ||||
ADR | Sale | 200 | 12.7300 USD | ||||
32 17/19p ordinary | Sale | 129 | 4.9730 GBP | ||||
32 17/19p ordinary | Sale | 119 | 5.0100 GBP | ||||
32 17/19p ordinary | Sale | 109 | 5.0160 GBP | ||||
32 17/19p ordinary | Sale | 60 | 4.9940 GBP | ||||
32 17/19p ordinary | Sale | 56 | 5.0101 GBP | ||||
ADR | Sale | 8 | 12.8200 USD | ||||
(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 | 172,020 | 4.9501 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 71,675 | 4.9665 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 919 | 4.9798 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,948 | 4.9829 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 573,400 | 4.9835 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 54,014 | 4.9840 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 302,771 | 4.9841 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,091 | 4.9849 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 143,350 | 4.9855 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,947 | 4.9859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 69,775 | 4.9860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,211 | 4.9875 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 215,025 | 4.9876 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,966 | 4.9881 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,196 | 4.9886 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 143,350 | 4.9890 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 264,218 | 4.9892 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 143,350 | 4.9895 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,644 | 4.9897 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,129 | 4.9906 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 75,535 | 4.9908 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,410 | 4.9932 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,365 | 4.9983 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 71,436 | 4.9986 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,483 | 5.0002 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,708 | 5.0003 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,343 | 5.0004 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 56 | 5.0101 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,571 | 5.0103 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 13,747 | 5.0194 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,531 | 5.0255 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 90,200 | 5.0274 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 155,423 | 5.0277 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,672 | 5.0279 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 27,738 | 5.0280 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,533 | 4.9826 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 933 | 4.9856 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,100 | 4.9871 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 160 | 4.9872 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,797 | 4.9883 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 122,944 | 4.9884 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 65,738 | 4.9887 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 159,116 | 4.9889 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,826 | 4.9894 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 168,895 | 4.9896 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 804 | 4.9897 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,067 | 4.9899 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 113,933 | 4.9909 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 438,799 | 4.9923 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,708 | 4.9930 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 397 | 4.9959 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,531 | 4.9988 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 258 | 5.0146 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,329 | 5.0168 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 206,751 | 5.0207 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 51,228 | 5.0280 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,680 | 5.0282 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,535 | 5.0284 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 500 | 4.9887 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 946 | 4.9826 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 24,121 | 4.9981 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 38,208 | 5.0275 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,194 | 5.0276 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 146 | 4.9743 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,194 | 4.9933 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 19,431 | 5.0059 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: | 27 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 | 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 | -241,318 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,791 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,580 | 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: | |||||||
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