18th Mar 2025 14:45
FORM 8.3 - Amendment - this form replaces RNS number 7900A published at 14:09 on 14/03/2025, changes made to section 2a and 3a | |||||||
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: | 13 Mar 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: | 17,226,436 | 0.64% | 20,170,793 | 0.75% | |||
(2) Cash-settled derivatives: | 16,182,818 | 0.60% | 10,673,758 | 0.40% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 225,367 | 0.01% | |||
TOTAL: | 33,409,254 | 1.24% | 31,069,918 | 1.16% | |||
(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 | 373,048 | 5.4373 GBP | ||||
32 17/19p ordinary | Purchase | 143,760 | 5.4381 GBP | ||||
32 17/19p ordinary | Purchase | 143,168 | 5.4400 GBP | ||||
32 17/19p ordinary | Purchase | 109,880 | 5.4404 GBP | ||||
32 17/19p ordinary | Purchase | 77,123 | 5.4402 GBP | ||||
32 17/19p ordinary | Purchase | 68,101 | 5.4358 GBP | ||||
32 17/19p ordinary | Purchase | 58,496 | 5.4440 GBP | ||||
32 17/19p ordinary | Purchase | 55,694 | 5.4224 GBP | ||||
32 17/19p ordinary | Purchase | 34,531 | 5.4439 GBP | ||||
32 17/19p ordinary | Purchase | 33,162 | 5.4457 GBP | ||||
32 17/19p ordinary | Purchase | 29,723 | 5.4475 GBP | ||||
32 17/19p ordinary | Purchase | 27,631 | 5.4378 GBP | ||||
32 17/19p ordinary | Purchase | 22,753 | 5.4396 GBP | ||||
32 17/19p ordinary | Purchase | 19,878 | 5.4249 GBP | ||||
32 17/19p ordinary | Purchase | 19,708 | 5.4062 GBP | ||||
32 17/19p ordinary | Purchase | 16,091 | 5.4243 GBP | ||||
32 17/19p ordinary | Purchase | 11,919 | 5.4217 GBP | ||||
32 17/19p ordinary | Purchase | 11,127 | 5.4483 GBP | ||||
32 17/19p ordinary | Purchase | 10,297 | 5.4268 GBP | ||||
32 17/19p ordinary | Purchase | 9,117 | 5.4449 GBP | ||||
32 17/19p ordinary | Purchase | 4,426 | 5.4222 GBP | ||||
32 17/19p ordinary | Purchase | 4,402 | 5.4417 GBP | ||||
32 17/19p ordinary | Purchase | 4,181 | 5.4200 GBP | ||||
32 17/19p ordinary | Purchase | 3,712 | 5.3919 GBP | ||||
32 17/19p ordinary | Purchase | 3,278 | 5.4289 GBP | ||||
32 17/19p ordinary | Purchase | 3,235 | 5.4377 GBP | ||||
32 17/19p ordinary | Purchase | 3,077 | 5.4239 GBP | ||||
32 17/19p ordinary | Purchase | 2,369 | 5.4353 GBP | ||||
32 17/19p ordinary | Purchase | 2,246 | 5.4410 GBP | ||||
32 17/19p ordinary | Purchase | 2,104 | 5.4267 GBP | ||||
32 17/19p ordinary | Purchase | 1,986 | 5.4436 GBP | ||||
32 17/19p ordinary | Purchase | 1,935 | 5.4293 GBP | ||||
32 17/19p ordinary | Purchase | 1,666 | 5.4360 GBP | ||||
32 17/19p ordinary | Purchase | 1,653 | 5.3176 GBP | ||||
32 17/19p ordinary | Purchase | 1,635 | 5.4318 GBP | ||||
32 17/19p ordinary | Purchase | 1,617 | 5.4355 GBP | ||||
32 17/19p ordinary | Purchase | 1,086 | 5.4260 GBP | ||||
32 17/19p ordinary | Purchase | 910 | 5.4510 GBP | ||||
32 17/19p ordinary | Purchase | 723 | 5.4080 GBP | ||||
32 17/19p ordinary | Purchase | 651 | 5.4460 GBP | ||||
32 17/19p ordinary | Purchase | 601 | 5.4500 GBP | ||||
32 17/19p ordinary | Purchase | 568 | 5.4367 GBP | ||||
32 17/19p ordinary | Purchase | 545 | 5.4392 GBP | ||||
32 17/19p ordinary | Purchase | 141 | 5.3780 GBP | ||||
32 17/19p ordinary | Purchase | 13 | 5.4560 GBP | ||||
32 17/19p ordinary | Sale | 1,233,851 | 5.4400 GBP | ||||
32 17/19p ordinary | Sale | 937,665 | 5.4456 GBP | ||||
32 17/19p ordinary | Sale | 647,734 | 5.4472 GBP | ||||
32 17/19p ordinary | Sale | 319,818 | 5.4463 GBP | ||||
32 17/19p ordinary | Sale | 295,038 | 5.4442 GBP | ||||
32 17/19p ordinary | Sale | 267,707 | 5.3776 GBP | ||||
32 17/19p ordinary | Sale | 256,674 | 5.4342 GBP | ||||
32 17/19p ordinary | Sale | 252,609 | 5.4452 GBP | ||||
32 17/19p ordinary | Sale | 217,108 | 5.4415 GBP | ||||
32 17/19p ordinary | Sale | 185,826 | 5.4377 GBP | ||||
32 17/19p ordinary | Sale | 112,612 | 5.4475 GBP | ||||
32 17/19p ordinary | Sale | 70,119 | 5.4493 GBP | ||||
32 17/19p ordinary | Sale | 59,458 | 5.4450 GBP | ||||
32 17/19p ordinary | Sale | 57,045 | 5.4397 GBP | ||||
32 17/19p ordinary | Sale | 52,845 | 5.4422 GBP | ||||
32 17/19p ordinary | Sale | 49,606 | 5.4383 GBP | ||||
32 17/19p ordinary | Sale | 38,958 | 5.4471 GBP | ||||
32 17/19p ordinary | Sale | 36,839 | 5.4444 GBP | ||||
32 17/19p ordinary | Sale | 30,430 | 5.4430 GBP | ||||
32 17/19p ordinary | Sale | 25,924 | 5.4406 GBP | ||||
32 17/19p ordinary | Sale | 25,340 | 5.4419 GBP | ||||
32 17/19p ordinary | Sale | 24,696 | 5.4369 GBP | ||||
32 17/19p ordinary | Sale | 19,692 | 5.4375 GBP | ||||
32 17/19p ordinary | Sale | 15,768 | 5.4380 GBP | ||||
32 17/19p ordinary | Sale | 15,714 | 5.4398 GBP | ||||
32 17/19p ordinary | Sale | 15,568 | 5.4468 GBP | ||||
32 17/19p ordinary | Sale | 14,922 | 5.4474 GBP | ||||
32 17/19p ordinary | Sale | 13,073 | 5.4390 GBP | ||||
32 17/19p ordinary | Sale | 10,135 | 5.4501 GBP | ||||
32 17/19p ordinary | Sale | 8,310 | 5.4243 GBP | ||||
32 17/19p ordinary | Sale | 7,763 | 5.4500 GBP | ||||
32 17/19p ordinary | Sale | 7,385 | 5.4410 GBP | ||||
32 17/19p ordinary | Sale | 7,135 | 5.4367 GBP | ||||
32 17/19p ordinary | Sale | 7,105 | 5.4464 GBP | ||||
32 17/19p ordinary | Sale | 4,408 | 5.4388 GBP | ||||
32 17/19p ordinary | Sale | 4,256 | 5.4300 GBP | ||||
32 17/19p ordinary | Sale | 4,160 | 5.4200 GBP | ||||
32 17/19p ordinary | Sale | 3,846 | 5.4439 GBP | ||||
32 17/19p ordinary | Sale | 3,647 | 5.4399 GBP | ||||
32 17/19p ordinary | Sale | 3,280 | 5.4437 GBP | ||||
32 17/19p ordinary | Sale | 3,056 | 5.4220 GBP | ||||
32 17/19p ordinary | Sale | 3,034 | 5.4480 GBP | ||||
32 17/19p ordinary | Sale | 3,008 | 5.3780 GBP | ||||
32 17/19p ordinary | Sale | 2,815 | 5.4373 GBP | ||||
32 17/19p ordinary | Sale | 2,479 | 5.4391 GBP | ||||
32 17/19p ordinary | Sale | 2,246 | 5.4411 GBP | ||||
32 17/19p ordinary | Sale | 1,885 | 5.4240 GBP | ||||
32 17/19p ordinary | Sale | 1,147 | 5.4227 GBP | ||||
32 17/19p ordinary | Sale | 1,086 | 5.4260 GBP | ||||
32 17/19p ordinary | Sale | 1,016 | 5.4440 GBP | ||||
32 17/19p ordinary | Sale | 910 | 5.4510 GBP | ||||
32 17/19p ordinary | Sale | 794 | 5.4420 GBP | ||||
32 17/19p ordinary | Sale | 783 | 5.4460 GBP | ||||
32 17/19p ordinary | Sale | 675 | 5.4130 GBP | ||||
32 17/19p ordinary | Sale | 670 | 5.4465 GBP | ||||
32 17/19p ordinary | Sale | 590 | 5.4340 GBP | ||||
32 17/19p ordinary | Sale | 143 | 5.4080 GBP | ||||
32 17/19p ordinary | Sale | 107 | 5.4364 GBP | ||||
32 17/19p ordinary | Sale | 89 | 5.4520 GBP | ||||
32 17/19p ordinary | Sale | 3 | 5.4540 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 | 267,707 | 5.3776 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 573,400 | 5.4472 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 58,960 | 5.4395 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,794 | 5.4031 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,978 | 5.4260 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 791 | 5.4261 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 256,674 | 5.4342 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,450 | 5.4366 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,598 | 5.4374 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,692 | 5.4375 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 185,826 | 5.4377 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 91,644 | 5.4393 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 67,738 | 5.4396 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 57,045 | 5.4397 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,714 | 5.4398 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,647 | 5.4399 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 895,645 | 5.4400 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 110,368 | 5.4402 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,924 | 5.4406 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 128,834 | 5.4412 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 36,497 | 5.4416 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,568 | 5.4427 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 295,038 | 5.4442 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 59,458 | 5.4450 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 947,038 | 5.4456 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 206,739 | 5.4458 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 670 | 5.4465 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 38,958 | 5.4471 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 74,334 | 5.4472 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 16,546 | 5.4473 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 112,612 | 5.4475 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 70,119 | 5.4493 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,237 | 5.3780 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 427 | 5.3795 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,712 | 5.3919 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,077 | 5.3962 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 580 | 5.4080 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,181 | 5.4200 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,426 | 5.4222 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 55,694 | 5.4224 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 19,878 | 5.4249 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 813 | 5.4251 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,980 | 5.4263 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 98,728 | 5.4340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 68,101 | 5.4358 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 568 | 5.4368 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 162,778 | 5.4370 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 545 | 5.4392 GBP | |||
32 17/19p ordinary | SWAP | Opening Short | 269,961 | 5.4397 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 82,371 | 5.4400 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 77,123 | 5.4402 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,986 | 5.4436 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,991 | 5.4106 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 14,700 | 5.4400 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,572 | 5.4294 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 51,495 | 5.4361 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,191 | 5.4396 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 120,627 | 5.4441 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 329,762 | 5.4496 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 4,191 | 5.3783 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 70,439 | 5.4496 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: | 18 Mar 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 | Call Options | Written | -120,791 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,576 | 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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Related Shares:
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