10th Feb 2025 09:14
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 31/01/2025 14:44 RNS Number : 5134V | |||||||
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: | 30 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: | 21,477,990 | 0.80% | 20,386,339 | 0.76% | |||
(2) Cash-settled derivatives: | 3,120,707 | 0.12% | 15,790,487 | 0.59% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,699 | 0.02% | |||
TOTAL: | 24,618,697 | 0.91% | 36,663,525 | 1.36% | |||
(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 | 280,373 | 5.1350 GBP | ||||
32 17/19p ordinary | Purchase | 148,017 | 5.1360 GBP | ||||
32 17/19p ordinary | Purchase | 109,391 | 5.1479 GBP | ||||
32 17/19p ordinary | Purchase | 109,391 | 5.1460 GBP | ||||
32 17/19p ordinary | Purchase | 75,562 | 5.1332 GBP | ||||
32 17/19p ordinary | Purchase | 73,940 | 5.1333 GBP | ||||
32 17/19p ordinary | Purchase | 54,700 | 5.1440 GBP | ||||
32 17/19p ordinary | Purchase | 40,610 | 5.1320 GBP | ||||
32 17/19p ordinary | Purchase | 25,388 | 5.1362 GBP | ||||
32 17/19p ordinary | Purchase | 19,406 | 5.1213 GBP | ||||
32 17/19p ordinary | Purchase | 16,177 | 5.1327 GBP | ||||
32 17/19p ordinary | Purchase | 12,646 | 5.1315 GBP | ||||
32 17/19p ordinary | Purchase | 7,480 | 5.1372 GBP | ||||
32 17/19p ordinary | Purchase | 6,000 | 5.1228 GBP | ||||
32 17/19p ordinary | Purchase | 4,849 | 5.1373 GBP | ||||
32 17/19p ordinary | Purchase | 3,238 | 5.1160 GBP | ||||
32 17/19p ordinary | Purchase | 2,282 | 5.1246 GBP | ||||
32 17/19p ordinary | Purchase | 2,031 | 5.1334 GBP | ||||
32 17/19p ordinary | Purchase | 1,575 | 5.1254 GBP | ||||
32 17/19p ordinary | Purchase | 1,573 | 5.1379 GBP | ||||
32 17/19p ordinary | Purchase | 1,569 | 5.1200 GBP | ||||
32 17/19p ordinary | Purchase | 1,532 | 5.1337 GBP | ||||
32 17/19p ordinary | Purchase | 1,213 | 5.1220 GBP | ||||
ADR | Purchase | 1,200 | 12.9400 USD | ||||
32 17/19p ordinary | Purchase | 1,175 | 5.1198 GBP | ||||
32 17/19p ordinary | Purchase | 874 | 5.1321 GBP | ||||
32 17/19p ordinary | Purchase | 870 | 5.3176 GBP | ||||
32 17/19p ordinary | Purchase | 732 | 5.1148 GBP | ||||
32 17/19p ordinary | Purchase | 563 | 5.1420 GBP | ||||
32 17/19p ordinary | Purchase | 478 | 5.1410 GBP | ||||
ADR | Purchase | 410 | 12.9500 USD | ||||
32 17/19p ordinary | Purchase | 268 | 5.1376 GBP | ||||
32 17/19p ordinary | Purchase | 181 | 5.1323 GBP | ||||
32 17/19p ordinary | Purchase | 4 | 5.1240 GBP | ||||
32 17/19p ordinary | Purchase | 2 | 5.1400 GBP | ||||
32 17/19p ordinary | Sale | 143,350 | 5.1174 GBP | ||||
32 17/19p ordinary | Sale | 107,319 | 5.1360 GBP | ||||
32 17/19p ordinary | Sale | 77,570 | 5.1328 GBP | ||||
32 17/19p ordinary | Sale | 55,774 | 5.1347 GBP | ||||
32 17/19p ordinary | Sale | 51,046 | 5.1358 GBP | ||||
32 17/19p ordinary | Sale | 40,000 | 5.1379 GBP | ||||
32 17/19p ordinary | Sale | 37,766 | 5.1352 GBP | ||||
32 17/19p ordinary | Sale | 34,173 | 5.1300 GBP | ||||
32 17/19p ordinary | Sale | 13,006 | 5.1340 GBP | ||||
32 17/19p ordinary | Sale | 7,411 | 5.1285 GBP | ||||
32 17/19p ordinary | Sale | 6,946 | 5.1399 GBP | ||||
32 17/19p ordinary | Sale | 5,564 | 5.1236 GBP | ||||
32 17/19p ordinary | Sale | 4,552 | 5.1298 GBP | ||||
32 17/19p ordinary | Sale | 2,800 | 5.1341 GBP | ||||
32 17/19p ordinary | Sale | 2,589 | 5.1279 GBP | ||||
32 17/19p ordinary | Sale | 1,561 | 5.1406 GBP | ||||
32 17/19p ordinary | Sale | 1,360 | 5.1140 GBP | ||||
32 17/19p ordinary | Sale | 1,213 | 5.1225 GBP | ||||
ADR | Sale | 1,200 | 12.9400 USD | ||||
32 17/19p ordinary | Sale | 931 | 5.1396 GBP | ||||
32 17/19p ordinary | Sale | 907 | 5.1411 GBP | ||||
32 17/19p ordinary | Sale | 833 | 5.1419 GBP | ||||
32 17/19p ordinary | Sale | 516 | 5.1260 GBP | ||||
32 17/19p ordinary | Sale | 467 | 5.1280 GBP | ||||
ADR | Sale | 410 | 12.9500 USD | ||||
32 17/19p ordinary | Sale | 366 | 5.1160 GBP | ||||
32 17/19p ordinary | Sale | 144 | 5.1410 GBP | ||||
32 17/19p ordinary | Sale | 119 | 5.1210 GBP | ||||
32 17/19p ordinary | Sale | 113 | 5.1200 GBP | ||||
32 17/19p ordinary | Sale | 5 | 5.1440 GBP | ||||
32 17/19p ordinary | Sale | 5 | 5.1420 GBP | ||||
32 17/19p ordinary | Sale | 2 | 5.1400 GBP | ||||
32 17/19p ordinary | Sale | 2 | 5.1240 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 | Decreasing Short | 274 | 5.1260 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,411 | 5.1285 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 473 | 5.1290 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 559 | 5.1309 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,490 | 5.1310 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,494 | 5.1340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,129 | 5.1344 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 55,774 | 5.1347 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,441 | 5.1348 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,010 | 5.1352 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,958 | 5.1360 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,048 | 5.1363 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,946 | 5.1399 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 833 | 5.1419 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 416 | 5.1457 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,356 | 5.1187 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 937 | 5.1210 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,752 | 5.1243 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,282 | 5.1246 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 25,999 | 5.1301 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,646 | 5.1314 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,580 | 5.1328 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 73,940 | 5.1333 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,871 | 5.1344 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 904 | 5.1353 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,707 | 5.1354 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 85 | 5.1358 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 90,778 | 5.1359 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 117,998 | 5.1360 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,480 | 5.1372 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,902 | 5.1256 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 35,802 | 5.1300 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,200 | 5.1336 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 6,000 | 5.1228 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 410 | 5.1283 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 75,562 | 5.1332 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 5,816 | 5.1336 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,902 | 5.1363 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 | -241,319 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,797 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,583 | 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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