18th Feb 2025 16:32
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 14/02/2025 14:54 RNS Number : 2322X | |||||||
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: | 13 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: | 31,459,136 | 1.17% | 27,400,120 | 1.02% | |||
(2) Cash-settled derivatives: | 10,033,454 | 0.37% | 24,070,482 | 0.90% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,694 | 0.02% | |||
TOTAL: | 41,512,590 | 1.55% | 51,957,296 | 1.94% | |||
(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 | 443,819 | 5.1012 GBP | ||||
32 17/19p ordinary | Purchase | 247,898 | 5.1015 GBP | ||||
32 17/19p ordinary | Purchase | 219,147 | 5.0691 GBP | ||||
32 17/19p ordinary | Purchase | 182,846 | 5.0901 GBP | ||||
32 17/19p ordinary | Purchase | 164,360 | 5.0678 GBP | ||||
32 17/19p ordinary | Purchase | 164,360 | 5.0791 GBP | ||||
32 17/19p ordinary | Purchase | 143,656 | 5.0946 GBP | ||||
32 17/19p ordinary | Purchase | 81,224 | 5.1040 GBP | ||||
32 17/19p ordinary | Purchase | 76,925 | 5.0825 GBP | ||||
32 17/19p ordinary | Purchase | 59,252 | 5.0790 GBP | ||||
32 17/19p ordinary | Purchase | 57,698 | 5.1042 GBP | ||||
32 17/19p ordinary | Purchase | 42,139 | 5.0896 GBP | ||||
32 17/19p ordinary | Purchase | 41,593 | 5.0935 GBP | ||||
32 17/19p ordinary | Purchase | 40,543 | 5.0806 GBP | ||||
32 17/19p ordinary | Purchase | 38,609 | 5.0877 GBP | ||||
32 17/19p ordinary | Purchase | 30,407 | 5.0919 GBP | ||||
32 17/19p ordinary | Purchase | 29,664 | 5.0729 GBP | ||||
32 17/19p ordinary | Purchase | 22,920 | 5.0787 GBP | ||||
32 17/19p ordinary | Purchase | 22,833 | 5.0964 GBP | ||||
32 17/19p ordinary | Purchase | 15,090 | 5.0959 GBP | ||||
32 17/19p ordinary | Purchase | 13,804 | 5.0777 GBP | ||||
32 17/19p ordinary | Purchase | 12,308 | 5.1050 GBP | ||||
32 17/19p ordinary | Purchase | 12,210 | 5.0795 GBP | ||||
32 17/19p ordinary | Purchase | 8,003 | 5.0854 GBP | ||||
32 17/19p ordinary | Purchase | 7,536 | 5.0934 GBP | ||||
32 17/19p ordinary | Purchase | 7,422 | 5.0925 GBP | ||||
32 17/19p ordinary | Purchase | 6,800 | 5.0697 GBP | ||||
32 17/19p ordinary | Purchase | 4,923 | 5.0888 GBP | ||||
32 17/19p ordinary | Purchase | 4,416 | 5.0963 GBP | ||||
32 17/19p ordinary | Purchase | 3,365 | 5.0897 GBP | ||||
32 17/19p ordinary | Purchase | 3,116 | 5.0880 GBP | ||||
32 17/19p ordinary | Purchase | 2,977 | 5.0954 GBP | ||||
32 17/19p ordinary | Purchase | 2,062 | 5.0920 GBP | ||||
32 17/19p ordinary | Purchase | 1,756 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 1,436 | 5.0961 GBP | ||||
32 17/19p ordinary | Purchase | 1,094 | 5.0960 GBP | ||||
32 17/19p ordinary | Purchase | 1,076 | 5.0815 GBP | ||||
32 17/19p ordinary | Purchase | 931 | 5.0780 GBP | ||||
32 17/19p ordinary | Purchase | 917 | 5.0846 GBP | ||||
32 17/19p ordinary | Purchase | 900 | 5.0580 GBP | ||||
32 17/19p ordinary | Purchase | 870 | 5.3176 GBP | ||||
32 17/19p ordinary | Purchase | 860 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 860 | 5.0900 GBP | ||||
32 17/19p ordinary | Purchase | 851 | 5.0811 GBP | ||||
32 17/19p ordinary | Purchase | 736 | 5.1000 GBP | ||||
32 17/19p ordinary | Purchase | 570 | 5.0600 GBP | ||||
32 17/19p ordinary | Purchase | 558 | 5.0840 GBP | ||||
32 17/19p ordinary | Purchase | 404 | 5.0800 GBP | ||||
32 17/19p ordinary | Purchase | 379 | 5.1020 GBP | ||||
32 17/19p ordinary | Purchase | 119 | 5.0820 GBP | ||||
32 17/19p ordinary | Purchase | 76 | 5.0940 GBP | ||||
32 17/19p ordinary | Sale | 324,343 | 5.0902 GBP | ||||
32 17/19p ordinary | Sale | 193,714 | 5.0698 GBP | ||||
32 17/19p ordinary | Sale | 136,371 | 5.1007 GBP | ||||
32 17/19p ordinary | Sale | 86,369 | 5.0921 GBP | ||||
32 17/19p ordinary | Sale | 65,190 | 5.1040 GBP | ||||
32 17/19p ordinary | Sale | 62,928 | 5.0848 GBP | ||||
32 17/19p ordinary | Sale | 60,294 | 5.0784 GBP | ||||
32 17/19p ordinary | Sale | 47,384 | 5.0793 GBP | ||||
32 17/19p ordinary | Sale | 45,631 | 5.0931 GBP | ||||
32 17/19p ordinary | Sale | 41,324 | 5.0805 GBP | ||||
32 17/19p ordinary | Sale | 34,726 | 5.1003 GBP | ||||
32 17/19p ordinary | Sale | 33,912 | 5.1043 GBP | ||||
32 17/19p ordinary | Sale | 27,985 | 5.0844 GBP | ||||
32 17/19p ordinary | Sale | 20,389 | 5.0908 GBP | ||||
32 17/19p ordinary | Sale | 16,401 | 5.0693 GBP | ||||
32 17/19p ordinary | Sale | 14,800 | 5.0632 GBP | ||||
32 17/19p ordinary | Sale | 11,856 | 5.0901 GBP | ||||
32 17/19p ordinary | Sale | 10,456 | 5.0820 GBP | ||||
32 17/19p ordinary | Sale | 10,271 | 5.0829 GBP | ||||
32 17/19p ordinary | Sale | 8,541 | 5.0825 GBP | ||||
32 17/19p ordinary | Sale | 8,021 | 5.0799 GBP | ||||
32 17/19p ordinary | Sale | 6,997 | 5.0692 GBP | ||||
32 17/19p ordinary | Sale | 5,838 | 5.0891 GBP | ||||
32 17/19p ordinary | Sale | 5,594 | 5.0853 GBP | ||||
32 17/19p ordinary | Sale | 5,386 | 5.0963 GBP | ||||
32 17/19p ordinary | Sale | 5,211 | 5.0868 GBP | ||||
32 17/19p ordinary | Sale | 4,820 | 5.0944 GBP | ||||
32 17/19p ordinary | Sale | 3,666 | 5.0789 GBP | ||||
32 17/19p ordinary | Sale | 3,571 | 5.0930 GBP | ||||
32 17/19p ordinary | Sale | 3,116 | 5.0880 GBP | ||||
32 17/19p ordinary | Sale | 2,925 | 5.0928 GBP | ||||
32 17/19p ordinary | Sale | 2,860 | 5.0760 GBP | ||||
32 17/19p ordinary | Sale | 2,785 | 5.0845 GBP | ||||
32 17/19p ordinary | Sale | 2,546 | 5.0814 GBP | ||||
32 17/19p ordinary | Sale | 2,398 | 5.0895 GBP | ||||
32 17/19p ordinary | Sale | 2,200 | 5.1029 GBP | ||||
32 17/19p ordinary | Sale | 2,073 | 5.0920 GBP | ||||
32 17/19p ordinary | Sale | 1,991 | 5.0843 GBP | ||||
32 17/19p ordinary | Sale | 1,967 | 5.0724 GBP | ||||
32 17/19p ordinary | Sale | 1,183 | 5.0900 GBP | ||||
32 17/19p ordinary | Sale | 983 | 5.0780 GBP | ||||
32 17/19p ordinary | Sale | 917 | 5.0851 GBP | ||||
32 17/19p ordinary | Sale | 736 | 5.1000 GBP | ||||
32 17/19p ordinary | Sale | 659 | 5.0919 GBP | ||||
32 17/19p ordinary | Sale | 559 | 5.0960 GBP | ||||
32 17/19p ordinary | Sale | 464 | 5.0980 GBP | ||||
32 17/19p ordinary | Sale | 404 | 5.0800 GBP | ||||
32 17/19p ordinary | Sale | 379 | 5.1020 GBP | ||||
32 17/19p ordinary | Sale | 371 | 5.0939 GBP | ||||
32 17/19p ordinary | Sale | 76 | 5.0940 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 | 2,589,612 | 5.0320 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 100,345 | 5.0375 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 310 | 5.0599 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,800 | 5.0632 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 193,714 | 5.0699 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,412 | 5.0744 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 60,294 | 5.0784 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 41,324 | 5.0805 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,884 | 5.0812 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 200 | 5.0840 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,633 | 5.0842 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,594 | 5.0853 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,613 | 5.0862 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,838 | 5.0891 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,398 | 5.0895 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 518 | 5.0899 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 17,105 | 5.0908 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 752 | 5.0914 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 659 | 5.0919 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11 | 5.0920 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,876 | 5.0928 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,571 | 5.0930 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 371 | 5.0939 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 531 | 5.0959 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,386 | 5.0963 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 34,726 | 5.1003 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,634 | 5.1006 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,200 | 5.1029 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 118,995 | 5.1037 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,373 | 5.1040 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,589,612 | 5.0320 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 570 | 5.0600 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,800 | 5.0697 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 671 | 5.0767 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,804 | 5.0777 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 22,920 | 5.0787 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 22,598 | 5.0795 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,149 | 5.0806 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 851 | 5.0811 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 76,925 | 5.0825 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,335 | 5.0832 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,175 | 5.0836 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,003 | 5.0854 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,309 | 5.0892 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 126,996 | 5.1006 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 84,504 | 5.1011 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 21,335 | 5.1040 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 57,698 | 5.1042 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,308 | 5.1050 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,714 | 5.0772 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 89,929 | 5.0786 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 8,561 | 5.0818 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 565 | 5.0871 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 21,269 | 5.0879 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 558 | 5.0843 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 565 | 5.0864 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 641,500 | 5.1000 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,677 | 5.1043 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: | 18 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 | -241,324 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,792 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 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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