11th Apr 2025 14:02
FORM 8.3 | |||||||
Amendment - this form replaces RNS number 5689E published at 15:19 on 10/04/2025 changes made to section 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 |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | AVIVA PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 09 Apr 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DIRECT LINE INSURANCE GROUP PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 32 17/19p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 13,673,433 | 0.51% | 18,505,746 | 0.69% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 17,787,430 | 0.66% | 9,857,467 | 0.37% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,368 | 0.01% |
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| TOTAL: |
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| 31,460,863 | 1.17% | 28,588,581 | 1.07% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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32 17/19p ordinary | Purchase | 650,000 | 4.9960 GBP | ||||
32 17/19p ordinary | Purchase | 333,037 | 5.0020 GBP | ||||
32 17/19p ordinary | Purchase | 313,175 | 5.0017 GBP | ||||
32 17/19p ordinary | Purchase | 286,262 | 4.9989 GBP | ||||
32 17/19p ordinary | Purchase | 220,259 | 4.9964 GBP | ||||
32 17/19p ordinary | Purchase | 201,698 | 5.0069 GBP | ||||
32 17/19p ordinary | Purchase | 170,040 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 155,047 | 5.0010 GBP | ||||
32 17/19p ordinary | Purchase | 154,339 | 4.9902 GBP | ||||
32 17/19p ordinary | Purchase | 93,228 | 5.0045 GBP | ||||
32 17/19p ordinary | Purchase | 65,061 | 5.0202 GBP | ||||
32 17/19p ordinary | Purchase | 53,593 | 4.9906 GBP | ||||
32 17/19p ordinary | Purchase | 50,362 | 4.9873 GBP | ||||
32 17/19p ordinary | Purchase | 44,062 | 5.0008 GBP | ||||
32 17/19p ordinary | Purchase | 41,099 | 5.0125 GBP | ||||
32 17/19p ordinary | Purchase | 33,910 | 4.9914 GBP | ||||
32 17/19p ordinary | Purchase | 30,459 | 4.9921 GBP | ||||
32 17/19p ordinary | Purchase | 24,522 | 4.9849 GBP | ||||
32 17/19p ordinary | Purchase | 21,535 | 4.9999 GBP | ||||
32 17/19p ordinary | Purchase | 16,700 | 5.0171 GBP | ||||
32 17/19p ordinary | Purchase | 13,929 | 5.0190 GBP | ||||
32 17/19p ordinary | Purchase | 13,800 | 4.9893 GBP | ||||
32 17/19p ordinary | Purchase | 11,545 | 5.0007 GBP | ||||
32 17/19p ordinary | Purchase | 10,553 | 4.9976 GBP | ||||
32 17/19p ordinary | Purchase | 9,695 | 5.0011 GBP | ||||
32 17/19p ordinary | Purchase | 6,814 | 4.9978 GBP | ||||
32 17/19p ordinary | Purchase | 6,698 | 5.0026 GBP | ||||
32 17/19p ordinary | Purchase | 6,394 | 5.0078 GBP | ||||
32 17/19p ordinary | Purchase | 6,345 | 4.9957 GBP | ||||
32 17/19p ordinary | Purchase | 6,000 | 5.0213 GBP | ||||
32 17/19p ordinary | Purchase | 5,600 | 5.0052 GBP | ||||
32 17/19p ordinary | Purchase | 5,275 | 5.0014 GBP | ||||
32 17/19p ordinary | Purchase | 4,800 | 4.9988 GBP | ||||
32 17/19p ordinary | Purchase | 4,604 | 5.0150 GBP | ||||
32 17/19p ordinary | Purchase | 4,236 | 5.0021 GBP | ||||
32 17/19p ordinary | Purchase | 4,018 | 4.9992 GBP | ||||
32 17/19p ordinary | Purchase | 3,974 | 5.0220 GBP | ||||
32 17/19p ordinary | Purchase | 3,761 | 4.9883 GBP | ||||
32 17/19p ordinary | Purchase | 3,540 | 4.9946 GBP | ||||
32 17/19p ordinary | Purchase | 3,287 | 4.9770 GBP | ||||
32 17/19p ordinary | Purchase | 3,257 | 4.9895 GBP | ||||
32 17/19p ordinary | Purchase | 3,139 | 5.0012 GBP | ||||
32 17/19p ordinary | Purchase | 3,056 | 5.0120 GBP | ||||
32 17/19p ordinary | Purchase | 3,024 | 4.9968 GBP | ||||
32 17/19p ordinary | Purchase | 2,917 | 4.9951 GBP | ||||
32 17/19p ordinary | Purchase | 2,754 | 4.9904 GBP | ||||
32 17/19p ordinary | Purchase | 2,612 | 4.9759 GBP | ||||
ADR | Purchase | 2,584 | 13.2855 USD | ||||
32 17/19p ordinary | Purchase | 2,569 | 5.0311 GBP | ||||
32 17/19p ordinary | Purchase | 2,275 | 5.0041 GBP | ||||
32 17/19p ordinary | Purchase | 1,751 | 4.9940 GBP | ||||
32 17/19p ordinary | Purchase | 1,589 | 5.0420 GBP | ||||
32 17/19p ordinary | Purchase | 1,589 | 5.0414 GBP | ||||
32 17/19p ordinary | Purchase | 1,585 | 5.0740 GBP | ||||
32 17/19p ordinary | Purchase | 1,539 | 5.0280 GBP | ||||
32 17/19p ordinary | Purchase | 1,297 | 5.0132 GBP | ||||
32 17/19p ordinary | Purchase | 1,292 | 5.0051 GBP | ||||
32 17/19p ordinary | Purchase | 1,205 | 5.0139 GBP | ||||
32 17/19p ordinary | Purchase | 1,070 | 5.0000 GBP | ||||
32 17/19p ordinary | Purchase | 944 | 5.0080 GBP | ||||
32 17/19p ordinary | Purchase | 933 | 5.0060 GBP | ||||
32 17/19p ordinary | Purchase | 860 | 5.0260 GBP | ||||
32 17/19p ordinary | Purchase | 800 | 4.9800 GBP | ||||
32 17/19p ordinary | Purchase | 711 | 4.9700 GBP | ||||
32 17/19p ordinary | Purchase | 566 | 4.9910 GBP | ||||
32 17/19p ordinary | Purchase | 562 | 4.9890 GBP | ||||
32 17/19p ordinary | Purchase | 540 | 5.0118 GBP | ||||
32 17/19p ordinary | Purchase | 521 | 4.9950 GBP | ||||
32 17/19p ordinary | Purchase | 510 | 5.0200 GBP | ||||
32 17/19p ordinary | Purchase | 443 | 5.0240 GBP | ||||
32 17/19p ordinary | Purchase | 380 | 5.0225 GBP | ||||
32 17/19p ordinary | Purchase | 362 | 5.0022 GBP | ||||
32 17/19p ordinary | Purchase | 361 | 5.0100 GBP | ||||
32 17/19p ordinary | Purchase | 263 | 4.9830 GBP | ||||
ADR | Purchase | 258 | 13.9600 USD | ||||
32 17/19p ordinary | Purchase | 204 | 5.0004 GBP | ||||
32 17/19p ordinary | Purchase | 68 | 5.0001 GBP | ||||
32 17/19p ordinary | Purchase | 53 | 4.9816 GBP | ||||
32 17/19p ordinary | Purchase | 32 | 4.9918 GBP | ||||
32 17/19p ordinary | Purchase | 8 | 5.0040 GBP | ||||
32 17/19p ordinary | Sale | 708,057 | 5.0102 GBP | ||||
32 17/19p ordinary | Sale | 593,324 | 5.0014 GBP | ||||
32 17/19p ordinary | Sale | 567,575 | 4.9867 GBP | ||||
32 17/19p ordinary | Sale | 487,522 | 5.0020 GBP | ||||
32 17/19p ordinary | Sale | 273,054 | 5.0029 GBP | ||||
32 17/19p ordinary | Sale | 211,327 | 4.9942 GBP | ||||
32 17/19p ordinary | Sale | 146,844 | 5.0342 GBP | ||||
32 17/19p ordinary | Sale | 123,174 | 4.9932 GBP | ||||
32 17/19p ordinary | Sale | 109,395 | 4.9909 GBP | ||||
32 17/19p ordinary | Sale | 57,340 | 4.9705 GBP | ||||
32 17/19p ordinary | Sale | 54,697 | 4.9923 GBP | ||||
32 17/19p ordinary | Sale | 54,620 | 5.0085 GBP | ||||
32 17/19p ordinary | Sale | 52,830 | 5.0128 GBP | ||||
32 17/19p ordinary | Sale | 35,393 | 5.0027 GBP | ||||
32 17/19p ordinary | Sale | 33,254 | 4.9940 GBP | ||||
32 17/19p ordinary | Sale | 28,523 | 5.0030 GBP | ||||
32 17/19p ordinary | Sale | 27,497 | 5.0061 GBP | ||||
32 17/19p ordinary | Sale | 26,490 | 5.0051 GBP | ||||
32 17/19p ordinary | Sale | 23,865 | 5.0047 GBP | ||||
32 17/19p ordinary | Sale | 23,254 | 5.0125 GBP | ||||
32 17/19p ordinary | Sale | 20,002 | 5.0016 GBP | ||||
32 17/19p ordinary | Sale | 19,983 | 4.9938 GBP | ||||
32 17/19p ordinary | Sale | 18,550 | 5.0103 GBP | ||||
32 17/19p ordinary | Sale | 17,510 | 4.9813 GBP | ||||
32 17/19p ordinary | Sale | 12,709 | 5.0058 GBP | ||||
32 17/19p ordinary | Sale | 9,732 | 5.0063 GBP | ||||
32 17/19p ordinary | Sale | 7,946 | 5.0213 GBP | ||||
32 17/19p ordinary | Sale | 7,547 | 4.9976 GBP | ||||
32 17/19p ordinary | Sale | 4,296 | 5.0161 GBP | ||||
32 17/19p ordinary | Sale | 3,940 | 4.9844 GBP | ||||
ADR | Sale | 2,584 | 13.2855 USD | ||||
32 17/19p ordinary | Sale | 2,419 | 4.9914 GBP | ||||
32 17/19p ordinary | Sale | 1,970 | 4.9980 GBP | ||||
32 17/19p ordinary | Sale | 1,847 | 4.9941 GBP | ||||
32 17/19p ordinary | Sale | 1,740 | 4.9606 GBP | ||||
32 17/19p ordinary | Sale | 1,589 | 5.0420 GBP | ||||
32 17/19p ordinary | Sale | 1,215 | 4.9790 GBP | ||||
32 17/19p ordinary | Sale | 1,071 | 5.0000 GBP | ||||
32 17/19p ordinary | Sale | 944 | 5.0080 GBP | ||||
32 17/19p ordinary | Sale | 935 | 4.9960 GBP | ||||
32 17/19p ordinary | Sale | 860 | 5.0260 GBP | ||||
32 17/19p ordinary | Sale | 711 | 4.9700 GBP | ||||
32 17/19p ordinary | Sale | 566 | 4.9910 GBP | ||||
32 17/19p ordinary | Sale | 562 | 4.9890 GBP | ||||
32 17/19p ordinary | Sale | 519 | 5.0060 GBP | ||||
32 17/19p ordinary | Sale | 450 | 5.0004 GBP | ||||
32 17/19p ordinary | Sale | 443 | 5.0240 GBP | ||||
32 17/19p ordinary | Sale | 391 | 4.9800 GBP | ||||
32 17/19p ordinary | Sale | 263 | 4.9830 GBP | ||||
ADR | Sale | 258 | 13.9600 USD | ||||
32 17/19p ordinary | Sale | 163 | 5.0210 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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32 17/19p ordinary | SWAP | Increasing Long | 80,679 | 5.1161 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,740 | 4.9606 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 57,340 | 4.9705 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,215 | 4.9790 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 567,575 | 4.9867 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,762 | 4.9923 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 68,025 | 4.9925 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 211,327 | 4.9942 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 86,250 | 4.9944 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 7,547 | 4.9976 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 19,827 | 5.0010 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 20,155 | 5.0012 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 20,002 | 5.0016 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1 | 5.0017 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 213,089 | 5.0020 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,698 | 5.0025 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 55,412 | 5.0027 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 145,859 | 5.0031 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 123,467 | 5.0082 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 94,856 | 5.0295 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 19 | 5.0357 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 42,436 | 5.0419 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 9,552 | 5.0461 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 9,269 | 5.0704 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,287 | 4.9770 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 19,426 | 4.9787 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 800 | 4.9800 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 135,460 | 4.9834 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 24,522 | 4.9849 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 50,362 | 4.9873 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,761 | 4.9883 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 13,800 | 4.9893 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,257 | 4.9895 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 154,339 | 4.9902 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 35,590 | 4.9906 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 32 | 4.9919 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,459 | 4.9921 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 521 | 4.9950 GBP | |||
32 17/19p ordinary | SWAP | Opening Short | 650,000 | 4.9960 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 220,259 | 4.9964 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,024 | 4.9968 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,800 | 4.9988 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,260 | 4.9989 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,018 | 4.9992 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,114 | 4.9999 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 68 | 5.0001 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,545 | 5.0007 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 44,062 | 5.0008 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,695 | 5.0011 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,036 | 5.0013 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 78,071 | 5.0014 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 143,550 | 5.0016 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,236 | 5.0021 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 362 | 5.0022 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 827 | 5.0023 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,320 | 5.0026 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,476 | 5.0027 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,887 | 5.0028 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,805 | 5.0030 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,283 | 5.0041 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 819 | 5.0059 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 198,825 | 5.0069 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 200 | 5.0070 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,394 | 5.0078 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,956 | 5.0153 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,000 | 5.0213 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 11,500 | 5.0276 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 170,040 | 5.0760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 103,544 | 4.9863 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 12,500 | 5.0020 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 485,412 | 4.9980 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 16,845 | 5.0015 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,753 | 5.0016 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 88,363 | 5.0020 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 5,754 | 5.0030 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 56,497 | 5.0219 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,000 | 5.0276 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 8,612 | 4.9956 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 50,961 | 5.0296 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 10,963 | 5.0315 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,259 | 5.0468 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 11 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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 | Barclays PLC. | ||||||
are being disclosed: | |||||||
Name of offeror/offeree in relation to whose | AVIVA PLC | ||||||
relevant securities this from relates: | |||||||
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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 | -120,790 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 5.3176 | European | 05 Jun 2025 | |
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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:
AvivaBarclays