27th Feb 2025 14:28
FORM 8.3 - Amendment to 2aReplaces form Released at 24/02/2025 09:03 RNS Number : 1931Y | |||||||
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: |
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(e) | Date position held/dealing undertaken: | 21 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: | 30,988,749 | 1.16% | 26,459,930 | 0.98% | |||
(2) Cash-settled derivatives: | 9,892,452 | 0.37% | 23,246,995 | 0.87% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,683 | 0.02% | |||
TOTAL: | 40,901,201 | 1.53% | 50,193,608 | 1.87% | |||
(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 | 341,211 | 4.9818 GBP | ||||
32 17/19p ordinary | Purchase | 232,315 | 4.9812 GBP | ||||
32 17/19p ordinary | Purchase | 226,394 | 4.9730 GBP | ||||
32 17/19p ordinary | Purchase | 160,849 | 4.9814 GBP | ||||
32 17/19p ordinary | Purchase | 150,829 | 4.9800 GBP | ||||
32 17/19p ordinary | Purchase | 107,514 | 4.9745 GBP | ||||
32 17/19p ordinary | Purchase | 72,645 | 4.9762 GBP | ||||
32 17/19p ordinary | Purchase | 68,312 | 4.9863 GBP | ||||
32 17/19p ordinary | Purchase | 60,525 | 4.9750 GBP | ||||
32 17/19p ordinary | Purchase | 58,956 | 4.9862 GBP | ||||
32 17/19p ordinary | Purchase | 53,834 | 4.9786 GBP | ||||
32 17/19p ordinary | Purchase | 50,525 | 4.9761 GBP | ||||
32 17/19p ordinary | Purchase | 47,971 | 4.9860 GBP | ||||
32 17/19p ordinary | Purchase | 38,839 | 4.9794 GBP | ||||
32 17/19p ordinary | Purchase | 38,228 | 4.9773 GBP | ||||
32 17/19p ordinary | Purchase | 24,164 | 4.9774 GBP | ||||
32 17/19p ordinary | Purchase | 22,327 | 4.9748 GBP | ||||
32 17/19p ordinary | Purchase | 20,494 | 4.9819 GBP | ||||
32 17/19p ordinary | Purchase | 17,629 | 4.9624 GBP | ||||
32 17/19p ordinary | Purchase | 16,806 | 4.9825 GBP | ||||
32 17/19p ordinary | Purchase | 10,333 | 4.9772 GBP | ||||
32 17/19p ordinary | Purchase | 9,036 | 4.9795 GBP | ||||
32 17/19p ordinary | Purchase | 7,405 | 4.9718 GBP | ||||
32 17/19p ordinary | Purchase | 5,701 | 4.9838 GBP | ||||
32 17/19p ordinary | Purchase | 5,420 | 4.9706 GBP | ||||
32 17/19p ordinary | Purchase | 5,120 | 4.9615 GBP | ||||
32 17/19p ordinary | Purchase | 4,955 | 4.9872 GBP | ||||
32 17/19p ordinary | Purchase | 4,543 | 4.9727 GBP | ||||
32 17/19p ordinary | Purchase | 4,503 | 4.9580 GBP | ||||
32 17/19p ordinary | Purchase | 4,153 | 4.9771 GBP | ||||
32 17/19p ordinary | Purchase | 4,081 | 4.9743 GBP | ||||
32 17/19p ordinary | Purchase | 3,913 | 4.9821 GBP | ||||
32 17/19p ordinary | Purchase | 3,424 | 4.9836 GBP | ||||
32 17/19p ordinary | Purchase | 3,260 | 4.9751 GBP | ||||
32 17/19p ordinary | Purchase | 3,091 | 4.9683 GBP | ||||
32 17/19p ordinary | Purchase | 2,642 | 4.9801 GBP | ||||
32 17/19p ordinary | Purchase | 2,382 | 4.9823 GBP | ||||
32 17/19p ordinary | Purchase | 2,219 | 4.9900 GBP | ||||
32 17/19p ordinary | Purchase | 1,879 | 4.9687 GBP | ||||
32 17/19p ordinary | Purchase | 1,827 | 4.9930 GBP | ||||
32 17/19p ordinary | Purchase | 1,765 | 4.9720 GBP | ||||
32 17/19p ordinary | Purchase | 1,675 | 4.9861 GBP | ||||
32 17/19p ordinary | Purchase | 1,656 | 4.9754 GBP | ||||
32 17/19p ordinary | Purchase | 1,623 | 4.9670 GBP | ||||
32 17/19p ordinary | Purchase | 1,597 | 4.9602 GBP | ||||
32 17/19p ordinary | Purchase | 1,486 | 4.9650 GBP | ||||
32 17/19p ordinary | Purchase | 1,433 | 4.9798 GBP | ||||
32 17/19p ordinary | Purchase | 1,397 | 4.9870 GBP | ||||
32 17/19p ordinary | Purchase | 1,394 | 4.9600 GBP | ||||
ADR | Purchase | 1,200 | 12.7700 USD | ||||
32 17/19p ordinary | Purchase | 1,177 | 4.9765 GBP | ||||
32 17/19p ordinary | Purchase | 1,170 | 4.9610 GBP | ||||
32 17/19p ordinary | Purchase | 1,045 | 4.9595 GBP | ||||
32 17/19p ordinary | Purchase | 931 | 4.9590 GBP | ||||
32 17/19p ordinary | Purchase | 776 | 4.9715 GBP | ||||
32 17/19p ordinary | Purchase | 758 | 4.9950 GBP | ||||
32 17/19p ordinary | Purchase | 723 | 4.9575 GBP | ||||
32 17/19p ordinary | Purchase | 657 | 4.9560 GBP | ||||
32 17/19p ordinary | Purchase | 511 | 4.9760 GBP | ||||
32 17/19p ordinary | Purchase | 418 | 4.9780 GBP | ||||
32 17/19p ordinary | Purchase | 369 | 4.9840 GBP | ||||
32 17/19p ordinary | Purchase | 362 | 4.9770 GBP | ||||
32 17/19p ordinary | Purchase | 357 | 4.9910 GBP | ||||
32 17/19p ordinary | Purchase | 220 | 4.9830 GBP | ||||
32 17/19p ordinary | Purchase | 183 | 4.9740 GBP | ||||
32 17/19p ordinary | Purchase | 77 | 4.9890 GBP | ||||
32 17/19p ordinary | Purchase | 64 | 4.9790 GBP | ||||
32 17/19p ordinary | Purchase | 20 | 4.9510 GBP | ||||
32 17/19p ordinary | Sale | 580,872 | 4.9800 GBP | ||||
32 17/19p ordinary | Sale | 165,105 | 4.9849 GBP | ||||
32 17/19p ordinary | Sale | 119,324 | 4.9827 GBP | ||||
32 17/19p ordinary | Sale | 97,621 | 4.9860 GBP | ||||
32 17/19p ordinary | Sale | 86,010 | 4.9610 GBP | ||||
32 17/19p ordinary | Sale | 75,437 | 4.9834 GBP | ||||
32 17/19p ordinary | Sale | 61,690 | 4.9746 GBP | ||||
32 17/19p ordinary | Sale | 60,637 | 4.9821 GBP | ||||
32 17/19p ordinary | Sale | 58,615 | 4.9859 GBP | ||||
32 17/19p ordinary | Sale | 49,981 | 4.9808 GBP | ||||
32 17/19p ordinary | Sale | 41,600 | 4.9887 GBP | ||||
32 17/19p ordinary | Sale | 35,871 | 4.9804 GBP | ||||
32 17/19p ordinary | Sale | 25,156 | 4.9801 GBP | ||||
32 17/19p ordinary | Sale | 19,753 | 4.9855 GBP | ||||
32 17/19p ordinary | Sale | 15,867 | 4.9741 GBP | ||||
32 17/19p ordinary | Sale | 10,789 | 4.9842 GBP | ||||
32 17/19p ordinary | Sale | 9,420 | 4.9778 GBP | ||||
32 17/19p ordinary | Sale | 8,931 | 4.9721 GBP | ||||
32 17/19p ordinary | Sale | 8,215 | 4.9726 GBP | ||||
32 17/19p ordinary | Sale | 6,354 | 4.9607 GBP | ||||
32 17/19p ordinary | Sale | 5,336 | 4.9580 GBP | ||||
32 17/19p ordinary | Sale | 4,117 | 4.9796 GBP | ||||
32 17/19p ordinary | Sale | 3,836 | 4.9893 GBP | ||||
32 17/19p ordinary | Sale | 2,839 | 4.9757 GBP | ||||
32 17/19p ordinary | Sale | 2,220 | 4.9830 GBP | ||||
32 17/19p ordinary | Sale | 2,219 | 4.9900 GBP | ||||
32 17/19p ordinary | Sale | 2,186 | 4.9802 GBP | ||||
32 17/19p ordinary | Sale | 1,856 | 4.9677 GBP | ||||
32 17/19p ordinary | Sale | 1,765 | 4.9720 GBP | ||||
32 17/19p ordinary | Sale | 1,656 | 4.9754 GBP | ||||
32 17/19p ordinary | Sale | 1,619 | 4.9758 GBP | ||||
32 17/19p ordinary | Sale | 1,486 | 4.9650 GBP | ||||
32 17/19p ordinary | Sale | 1,483 | 4.9854 GBP | ||||
32 17/19p ordinary | Sale | 1,397 | 4.9870 GBP | ||||
32 17/19p ordinary | Sale | 1,249 | 4.9679 GBP | ||||
ADR | Sale | 1,200 | 12.7700 USD | ||||
32 17/19p ordinary | Sale | 1,173 | 4.9560 GBP | ||||
32 17/19p ordinary | Sale | 1,000 | 4.9670 GBP | ||||
32 17/19p ordinary | Sale | 931 | 4.9590 GBP | ||||
32 17/19p ordinary | Sale | 858 | 4.9730 GBP | ||||
32 17/19p ordinary | Sale | 776 | 4.9715 GBP | ||||
32 17/19p ordinary | Sale | 758 | 4.9950 GBP | ||||
32 17/19p ordinary | Sale | 723 | 4.9575 GBP | ||||
32 17/19p ordinary | Sale | 639 | 4.9851 GBP | ||||
32 17/19p ordinary | Sale | 511 | 4.9760 GBP | ||||
32 17/19p ordinary | Sale | 418 | 4.9780 GBP | ||||
32 17/19p ordinary | Sale | 369 | 4.9840 GBP | ||||
32 17/19p ordinary | Sale | 362 | 4.9770 GBP | ||||
32 17/19p ordinary | Sale | 357 | 4.9910 GBP | ||||
32 17/19p ordinary | Sale | 183 | 4.9740 GBP | ||||
32 17/19p ordinary | Sale | 140 | 4.9889 GBP | ||||
32 17/19p ordinary | Sale | 64 | 4.9790 GBP | ||||
32 17/19p ordinary | Sale | 62 | 4.9923 GBP | ||||
32 17/19p ordinary | Sale | 17 | 4.9920 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 | 86,010 | 4.9610 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,249 | 4.9680 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,146 | 4.9717 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,056 | 4.9734 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,867 | 4.9741 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 27,084 | 4.9744 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,550 | 4.9752 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,117 | 4.9796 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,186 | 4.9802 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 37,318 | 4.9804 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,981 | 4.9808 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,866 | 4.9816 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,013 | 4.9819 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 119,324 | 4.9827 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 71,460 | 4.9844 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 536 | 4.9850 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 17,958 | 4.9855 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 51,635 | 4.9857 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 58,615 | 4.9859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 76,188 | 4.9860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 19,122 | 4.9862 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 140 | 4.9889 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,836 | 4.9894 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 291 | 4.9660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,879 | 4.9687 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,543 | 4.9727 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,389 | 4.9730 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,081 | 4.9743 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 50,525 | 4.9761 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 101,750 | 4.9762 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,153 | 4.9771 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,583 | 4.9796 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 32,598 | 4.9798 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 146,660 | 4.9803 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,494 | 4.9819 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,806 | 4.9825 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,918 | 4.9853 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,769 | 4.9860 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,631 | 4.9861 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 68,312 | 4.9863 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,822 | 4.9883 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 12,871 | 4.9806 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 16,440 | 4.9807 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 61,936 | 4.9855 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,390 | 4.9856 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,390 | 4.9583 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 23,152 | 4.9736 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 717 | 4.9763 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 483 | 4.9767 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 | -241,315 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,789 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 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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