7th Feb 2025 14:52
FORM 8.3 - Amendment to 2aReplaces form Released at 21/01/2025 14:57 RNS Number : 1671U | |||||||
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: | 20 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: | 20,161,843 | 0.75% | 18,743,926 | 0.70% | |||
(2) Cash-settled derivatives: | 2,043,113 | 0.08% | 15,333,462 | 0.57% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 788,927 | 0.03% | |||
TOTAL: | 22,204,956 | 0.82% | 34,866,315 | 1.30% | |||
(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 | 1,228,633 | 4.9493 GBP | ||||
32 17/19p ordinary | Purchase | 346,846 | 4.9524 GBP | ||||
32 17/19p ordinary | Purchase | 264,708 | 4.9420 GBP | ||||
32 17/19p ordinary | Purchase | 209,893 | 4.9428 GBP | ||||
32 17/19p ordinary | Purchase | 118,296 | 4.9431 GBP | ||||
32 17/19p ordinary | Purchase | 114,260 | 4.9458 GBP | ||||
32 17/19p ordinary | Purchase | 112,581 | 4.9426 GBP | ||||
32 17/19p ordinary | Purchase | 104,610 | 4.9437 GBP | ||||
32 17/19p ordinary | Purchase | 93,178 | 4.9466 GBP | ||||
32 17/19p ordinary | Purchase | 86,800 | 4.9411 GBP | ||||
32 17/19p ordinary | Purchase | 70,285 | 4.9462 GBP | ||||
32 17/19p ordinary | Purchase | 69,871 | 4.9423 GBP | ||||
32 17/19p ordinary | Purchase | 69,257 | 4.9425 GBP | ||||
32 17/19p ordinary | Purchase | 48,290 | 4.9507 GBP | ||||
32 17/19p ordinary | Purchase | 45,547 | 4.9427 GBP | ||||
32 17/19p ordinary | Purchase | 34,068 | 4.9410 GBP | ||||
32 17/19p ordinary | Purchase | 33,819 | 4.9446 GBP | ||||
32 17/19p ordinary | Purchase | 33,133 | 4.9452 GBP | ||||
32 17/19p ordinary | Purchase | 31,748 | 4.9485 GBP | ||||
32 17/19p ordinary | Purchase | 18,707 | 4.9525 GBP | ||||
32 17/19p ordinary | Purchase | 16,486 | 4.9490 GBP | ||||
32 17/19p ordinary | Purchase | 15,965 | 4.9464 GBP | ||||
32 17/19p ordinary | Purchase | 14,315 | 4.9456 GBP | ||||
32 17/19p ordinary | Purchase | 11,280 | 4.9365 GBP | ||||
32 17/19p ordinary | Purchase | 9,607 | 4.9518 GBP | ||||
32 17/19p ordinary | Purchase | 7,995 | 4.9415 GBP | ||||
32 17/19p ordinary | Purchase | 6,796 | 4.9346 GBP | ||||
32 17/19p ordinary | Purchase | 5,766 | 4.9534 GBP | ||||
32 17/19p ordinary | Purchase | 5,748 | 4.9514 GBP | ||||
32 17/19p ordinary | Purchase | 5,370 | 4.9477 GBP | ||||
32 17/19p ordinary | Purchase | 5,347 | 4.9379 GBP | ||||
32 17/19p ordinary | Purchase | 5,258 | 4.9473 GBP | ||||
32 17/19p ordinary | Purchase | 4,879 | 4.9381 GBP | ||||
32 17/19p ordinary | Purchase | 4,544 | 4.9492 GBP | ||||
32 17/19p ordinary | Purchase | 4,197 | 4.9487 GBP | ||||
32 17/19p ordinary | Purchase | 3,877 | 4.9334 GBP | ||||
32 17/19p ordinary | Purchase | 3,811 | 4.9560 GBP | ||||
32 17/19p ordinary | Purchase | 3,359 | 4.9527 GBP | ||||
32 17/19p ordinary | Purchase | 3,332 | 4.9498 GBP | ||||
32 17/19p ordinary | Purchase | 3,309 | 4.9510 GBP | ||||
32 17/19p ordinary | Purchase | 3,016 | 4.9480 GBP | ||||
32 17/19p ordinary | Purchase | 2,862 | 4.9453 GBP | ||||
32 17/19p ordinary | Purchase | 2,859 | 4.9522 GBP | ||||
32 17/19p ordinary | Purchase | 2,821 | 4.9483 GBP | ||||
32 17/19p ordinary | Purchase | 2,779 | 4.9424 GBP | ||||
32 17/19p ordinary | Purchase | 2,602 | 4.9590 GBP | ||||
32 17/19p ordinary | Purchase | 2,518 | 4.9540 GBP | ||||
32 17/19p ordinary | Purchase | 2,498 | 4.9538 GBP | ||||
32 17/19p ordinary | Purchase | 2,286 | 4.9520 GBP | ||||
32 17/19p ordinary | Purchase | 2,142 | 4.9530 GBP | ||||
32 17/19p ordinary | Purchase | 2,088 | 4.9554 GBP | ||||
32 17/19p ordinary | Purchase | 2,002 | 4.9355 GBP | ||||
32 17/19p ordinary | Purchase | 1,892 | 4.9469 GBP | ||||
32 17/19p ordinary | Purchase | 1,402 | 4.9422 GBP | ||||
32 17/19p ordinary | Purchase | 1,366 | 4.9600 GBP | ||||
32 17/19p ordinary | Purchase | 1,257 | 4.9387 GBP | ||||
32 17/19p ordinary | Purchase | 1,250 | 4.9394 GBP | ||||
32 17/19p ordinary | Purchase | 1,176 | 4.9370 GBP | ||||
32 17/19p ordinary | Purchase | 1,104 | 4.9430 GBP | ||||
32 17/19p ordinary | Purchase | 969 | 4.9454 GBP | ||||
32 17/19p ordinary | Purchase | 932 | 4.9551 GBP | ||||
32 17/19p ordinary | Purchase | 862 | 4.9550 GBP | ||||
32 17/19p ordinary | Purchase | 813 | 4.9440 GBP | ||||
32 17/19p ordinary | Purchase | 753 | 4.9450 GBP | ||||
32 17/19p ordinary | Purchase | 739 | 4.9580 GBP | ||||
32 17/19p ordinary | Purchase | 623 | 4.9435 GBP | ||||
32 17/19p ordinary | Purchase | 612 | 4.9482 GBP | ||||
32 17/19p ordinary | Purchase | 550 | 4.9350 GBP | ||||
32 17/19p ordinary | Purchase | 522 | 4.9380 GBP | ||||
32 17/19p ordinary | Purchase | 241 | 4.9330 GBP | ||||
32 17/19p ordinary | Purchase | 213 | 4.9620 GBP | ||||
32 17/19p ordinary | Purchase | 154 | 4.9332 GBP | ||||
32 17/19p ordinary | Purchase | 149 | 4.9497 GBP | ||||
32 17/19p ordinary | Purchase | 124 | 4.9474 GBP | ||||
32 17/19p ordinary | Purchase | 97 | 4.9360 GBP | ||||
32 17/19p ordinary | Purchase | 56 | 4.9504 GBP | ||||
32 17/19p ordinary | Purchase | 31 | 4.9470 GBP | ||||
32 17/19p ordinary | Sale | 589,476 | 4.9475 GBP | ||||
32 17/19p ordinary | Sale | 183,479 | 4.9420 GBP | ||||
32 17/19p ordinary | Sale | 174,325 | 4.9501 GBP | ||||
32 17/19p ordinary | Sale | 173,466 | 4.9443 GBP | ||||
32 17/19p ordinary | Sale | 163,190 | 4.9410 GBP | ||||
32 17/19p ordinary | Sale | 160,330 | 4.9528 GBP | ||||
32 17/19p ordinary | Sale | 119,333 | 4.9419 GBP | ||||
32 17/19p ordinary | Sale | 99,500 | 4.9430 GBP | ||||
32 17/19p ordinary | Sale | 72,857 | 4.9489 GBP | ||||
32 17/19p ordinary | Sale | 67,672 | 4.9471 GBP | ||||
32 17/19p ordinary | Sale | 56,786 | 4.9484 GBP | ||||
32 17/19p ordinary | Sale | 40,870 | 4.9448 GBP | ||||
32 17/19p ordinary | Sale | 26,026 | 4.9457 GBP | ||||
32 17/19p ordinary | Sale | 19,126 | 4.9442 GBP | ||||
32 17/19p ordinary | Sale | 17,019 | 4.9454 GBP | ||||
32 17/19p ordinary | Sale | 12,245 | 4.9462 GBP | ||||
32 17/19p ordinary | Sale | 11,988 | 4.9482 GBP | ||||
32 17/19p ordinary | Sale | 11,280 | 4.9365 GBP | ||||
32 17/19p ordinary | Sale | 11,160 | 4.9463 GBP | ||||
32 17/19p ordinary | Sale | 8,895 | 4.9514 GBP | ||||
32 17/19p ordinary | Sale | 6,796 | 4.9346 GBP | ||||
32 17/19p ordinary | Sale | 6,478 | 4.9478 GBP | ||||
32 17/19p ordinary | Sale | 5,465 | 4.9366 GBP | ||||
32 17/19p ordinary | Sale | 5,347 | 4.9379 GBP | ||||
32 17/19p ordinary | Sale | 4,886 | 4.9458 GBP | ||||
32 17/19p ordinary | Sale | 4,511 | 4.9408 GBP | ||||
32 17/19p ordinary | Sale | 3,911 | 4.9560 GBP | ||||
32 17/19p ordinary | Sale | 3,877 | 4.9334 GBP | ||||
32 17/19p ordinary | Sale | 3,484 | 4.9423 GBP | ||||
32 17/19p ordinary | Sale | 3,425 | 4.9388 GBP | ||||
32 17/19p ordinary | Sale | 3,309 | 4.9510 GBP | ||||
32 17/19p ordinary | Sale | 2,998 | 4.9424 GBP | ||||
32 17/19p ordinary | Sale | 2,518 | 4.9540 GBP | ||||
32 17/19p ordinary | Sale | 2,257 | 4.9590 GBP | ||||
32 17/19p ordinary | Sale | 2,142 | 4.9530 GBP | ||||
32 17/19p ordinary | Sale | 2,066 | 4.9422 GBP | ||||
32 17/19p ordinary | Sale | 1,730 | 4.9511 GBP | ||||
32 17/19p ordinary | Sale | 1,704 | 4.9382 GBP | ||||
32 17/19p ordinary | Sale | 1,666 | 4.9468 GBP | ||||
32 17/19p ordinary | Sale | 1,534 | 4.9381 GBP | ||||
32 17/19p ordinary | Sale | 1,472 | 4.9520 GBP | ||||
32 17/19p ordinary | Sale | 1,366 | 4.9600 GBP | ||||
32 17/19p ordinary | Sale | 1,268 | 4.9378 GBP | ||||
32 17/19p ordinary | Sale | 1,155 | 4.9505 GBP | ||||
32 17/19p ordinary | Sale | 879 | 4.9490 GBP | ||||
32 17/19p ordinary | Sale | 862 | 4.9550 GBP | ||||
32 17/19p ordinary | Sale | 813 | 4.9440 GBP | ||||
32 17/19p ordinary | Sale | 753 | 4.9450 GBP | ||||
32 17/19p ordinary | Sale | 739 | 4.9580 GBP | ||||
32 17/19p ordinary | Sale | 669 | 4.9370 GBP | ||||
32 17/19p ordinary | Sale | 550 | 4.9350 GBP | ||||
32 17/19p ordinary | Sale | 522 | 4.9380 GBP | ||||
32 17/19p ordinary | Sale | 477 | 4.9447 GBP | ||||
32 17/19p ordinary | Sale | 366 | 4.9469 GBP | ||||
32 17/19p ordinary | Sale | 284 | 4.9403 GBP | ||||
32 17/19p ordinary | Sale | 241 | 4.9330 GBP | ||||
32 17/19p ordinary | Sale | 213 | 4.9620 GBP | ||||
32 17/19p ordinary | Sale | 97 | 4.9360 GBP | ||||
32 17/19p ordinary | Sale | 5 | 4.9559 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 | 284 | 4.9403 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 89,899 | 4.9410 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 119,333 | 4.9419 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 50,223 | 4.9420 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,083 | 4.9423 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 47,637 | 4.9426 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,989 | 4.9427 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 35,131 | 4.9459 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,991 | 4.9460 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 49,239 | 4.9475 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 45,174 | 4.9481 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 56,786 | 4.9484 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 174,325 | 4.9501 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 27,683 | 4.9503 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,483 | 4.9523 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5 | 4.9559 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 67 | 4.9350 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 466 | 4.9351 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17 | 4.9352 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,035 | 4.9386 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,257 | 4.9387 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,071 | 4.9389 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 33,475 | 4.9410 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 146,466 | 4.9420 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,146 | 4.9422 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 69,871 | 4.9423 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,779 | 4.9424 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,730 | 4.9425 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 112,621 | 4.9426 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 45,507 | 4.9427 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 91,000 | 4.9437 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,741 | 4.9449 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 80 | 4.9460 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,190 | 4.9469 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 119 | 4.9472 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 527 | 4.9473 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 124 | 4.9474 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,016 | 4.9480 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,607 | 4.9490 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,481 | 4.9498 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 554 | 4.9514 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 814 | 4.9520 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 286,700 | 4.9524 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,104 | 4.9526 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 22,825 | 4.9461 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,301 | 4.9416 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 19,099 | 4.9425 GBP | |||
32 17/19p ordinary | CFD | Opening Long | 143,350 | 4.9475 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 7,523 | 4.9487 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 15,225 | 4.9458 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,301 | 4.9493 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 |
| |||||
Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 07 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 | ||||||
| |||||||
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 | -322,248 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -241,314 | 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 | -104,576 | 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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