15th Jan 2025 16:52
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 20/12/2024 14:25 RNS Number : 9895Q | |||||||
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: | 19 Dec 2024 | |||||
(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: | 21,627,548 | 0.80% | 16,236,764 | 0.61% | |||
(2) Cash-settled derivatives: | 1,997,667 | 0.07% | 18,615,661 | 0.70% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 1,099,522 | 0.04% | |||
TOTAL: | 23,625,215 | 0.88% | 35,951,947 | 1.34% | |||
(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 | 1,075,060 | 4.5860 GBP | ||||
32 17/19p ordinary | Purchase | 938,678 | 4.5851 GBP | ||||
32 17/19p ordinary | Purchase | 454,586 | 4.5740 GBP | ||||
32 17/19p ordinary | Purchase | 170,796 | 4.5743 GBP | ||||
32 17/19p ordinary | Purchase | 120,708 | 4.5736 GBP | ||||
32 17/19p ordinary | Purchase | 83,233 | 4.5737 GBP | ||||
32 17/19p ordinary | Purchase | 80,634 | 4.5867 GBP | ||||
32 17/19p ordinary | Purchase | 76,987 | 4.5763 GBP | ||||
32 17/19p ordinary | Purchase | 43,748 | 4.5739 GBP | ||||
32 17/19p ordinary | Purchase | 24,641 | 4.5768 GBP | ||||
32 17/19p ordinary | Purchase | 18,006 | 4.5844 GBP | ||||
32 17/19p ordinary | Purchase | 16,293 | 4.5831 GBP | ||||
32 17/19p ordinary | Purchase | 16,046 | 4.5717 GBP | ||||
32 17/19p ordinary | Purchase | 15,181 | 4.5716 GBP | ||||
32 17/19p ordinary | Purchase | 8,626 | 4.5747 GBP | ||||
32 17/19p ordinary | Purchase | 7,654 | 4.5812 GBP | ||||
32 17/19p ordinary | Purchase | 4,624 | 4.5771 GBP | ||||
32 17/19p ordinary | Purchase | 4,048 | 4.5703 GBP | ||||
32 17/19p ordinary | Purchase | 2,855 | 4.6000 GBP | ||||
32 17/19p ordinary | Purchase | 2,832 | 4.5711 GBP | ||||
ADR | Purchase | 2,200 | 11.6518 USD | ||||
32 17/19p ordinary | Purchase | 870 | 5.3176 GBP | ||||
32 17/19p ordinary | Purchase | 610 | 4.5760 GBP | ||||
32 17/19p ordinary | Purchase | 597 | 4.5710 GBP | ||||
32 17/19p ordinary | Purchase | 512 | 4.5680 GBP | ||||
32 17/19p ordinary | Purchase | 496 | 4.5836 GBP | ||||
32 17/19p ordinary | Purchase | 380 | 4.5730 GBP | ||||
32 17/19p ordinary | Purchase | 324 | 4.5702 GBP | ||||
32 17/19p ordinary | Purchase | 300 | 4.5870 GBP | ||||
32 17/19p ordinary | Purchase | 279 | 4.5700 GBP | ||||
32 17/19p ordinary | Purchase | 237 | 4.5640 GBP | ||||
32 17/19p ordinary | Purchase | 112 | 4.5690 GBP | ||||
32 17/19p ordinary | Purchase | 6 | 4.5720 GBP | ||||
32 17/19p ordinary | Sale | 1,097,774 | 4.5860 GBP | ||||
32 17/19p ordinary | Sale | 161,887 | 4.5853 GBP | ||||
32 17/19p ordinary | Sale | 136,381 | 4.5710 GBP | ||||
32 17/19p ordinary | Sale | 65,000 | 4.5762 GBP | ||||
32 17/19p ordinary | Sale | 61,595 | 4.5863 GBP | ||||
32 17/19p ordinary | Sale | 58,542 | 4.5859 GBP | ||||
32 17/19p ordinary | Sale | 46,105 | 4.5865 GBP | ||||
32 17/19p ordinary | Sale | 32,793 | 4.5743 GBP | ||||
32 17/19p ordinary | Sale | 25,272 | 4.5715 GBP | ||||
32 17/19p ordinary | Sale | 11,581 | 4.5851 GBP | ||||
32 17/19p ordinary | Sale | 9,726 | 4.5725 GBP | ||||
32 17/19p ordinary | Sale | 8,694 | 4.5745 GBP | ||||
32 17/19p ordinary | Sale | 7,683 | 4.5707 GBP | ||||
32 17/19p ordinary | Sale | 2,148 | 4.5719 GBP | ||||
32 17/19p ordinary | Sale | 2,122 | 4.5774 GBP | ||||
ADR | Sale | 2,000 | 11.6510 USD | ||||
32 17/19p ordinary | Sale | 1,924 | 4.5756 GBP | ||||
32 17/19p ordinary | Sale | 1,382 | 4.5823 GBP | ||||
32 17/19p ordinary | Sale | 916 | 4.5720 GBP | ||||
32 17/19p ordinary | Sale | 478 | 4.5748 GBP | ||||
32 17/19p ordinary | Sale | 380 | 4.5730 GBP | ||||
32 17/19p ordinary | Sale | 300 | 4.5870 GBP | ||||
32 17/19p ordinary | Sale | 237 | 4.5640 GBP | ||||
ADR | Sale | 200 | 11.6600 USD | ||||
32 17/19p ordinary | Sale | 195 | 4.5664 GBP | ||||
32 17/19p ordinary | Sale | 178 | 4.5755 GBP | ||||
32 17/19p ordinary | Sale | 129 | 4.5760 GBP | ||||
32 17/19p ordinary | Sale | 117 | 4.5887 GBP | ||||
32 17/19p ordinary | Sale | 111 | 4.5690 GBP | ||||
32 17/19p ordinary | Sale | 67 | 4.5670 GBP | ||||
32 17/19p ordinary | Sale | 11 | 4.5699 GBP | ||||
32 17/19p ordinary | Sale | 10 | 4.5885 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 | 7,683 | 4.5707 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 910 | 4.5720 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 178 | 4.5755 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 65,000 | 4.5762 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 258 | 4.5794 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,581 | 4.5850 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 129,347 | 4.5855 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 58,542 | 4.5859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,508 | 4.5860 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,521 | 4.6000 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,832 | 4.5711 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,572 | 4.5720 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 60,149 | 4.5727 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 83,233 | 4.5737 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 88,483 | 4.5739 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 454,586 | 4.5740 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 38,359 | 4.5741 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 170,796 | 4.5743 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 610 | 4.5760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 76,987 | 4.5763 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,641 | 4.5768 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 260,099 | 4.5860 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10,667 | 4.5863 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 80,634 | 4.5866 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 85,106 | 4.5870 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 692 | 4.5991 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,864 | 4.5668 GBP | |||
32 17/19p ordinary | CFD | Opening Long | 133,284 | 4.5710 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 25,272 | 4.5715 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 50,352 | 4.5743 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 120 | 4.5756 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 41,237 | 4.5856 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 520,385 | 4.5860 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,480 | 4.5960 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 400 | 4.5673 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,800 | 4.5711 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 9,555 | 4.5781 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 16,293 | 4.5831 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 477,849 | 4.5859 GBP | |||
32 17/19p ordinary | CFD | Opening Short | 520,385 | 4.5860 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: | 15 Jan 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 | Call Options | Written | -322,243 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -310,611 | 4.5547 | European | 23 Dec 2024 | |
32 17/19p ordinary | Call Options | Written | -241,304 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,787 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 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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