7th Feb 2025 16:19
FORM 8.3 - Amendment to 2aReplaces form Released at 28/01/2025 13:19 RNS Number : 9950U | |||||||
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: | 27 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: | 20,353,914 | 0.76% | 21,282,480 | 0.79% | |||
(2) Cash-settled derivatives: | 3,155,802 | 0.12% | 14,594,019 | 0.55% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,686 | 0.02% | |||
TOTAL: | 23,529,716 | 0.87% | 36,363,185 | 1.36% | |||
(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 | 196,250 | 5.0749 GBP | ||||
32 17/19p ordinary | Purchase | 104,940 | 5.0701 GBP | ||||
32 17/19p ordinary | Purchase | 97,373 | 5.0788 GBP | ||||
32 17/19p ordinary | Purchase | 78,441 | 5.0820 GBP | ||||
32 17/19p ordinary | Purchase | 53,291 | 5.0804 GBP | ||||
32 17/19p ordinary | Purchase | 52,884 | 5.0697 GBP | ||||
32 17/19p ordinary | Purchase | 52,800 | 5.0868 GBP | ||||
32 17/19p ordinary | Purchase | 49,352 | 5.0821 GBP | ||||
32 17/19p ordinary | Purchase | 49,052 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 23,521 | 5.0768 GBP | ||||
32 17/19p ordinary | Purchase | 22,008 | 5.0754 GBP | ||||
32 17/19p ordinary | Purchase | 11,409 | 5.0766 GBP | ||||
32 17/19p ordinary | Purchase | 7,601 | 5.0735 GBP | ||||
32 17/19p ordinary | Purchase | 4,941 | 5.0858 GBP | ||||
32 17/19p ordinary | Purchase | 4,604 | 5.1080 GBP | ||||
32 17/19p ordinary | Purchase | 4,276 | 5.1061 GBP | ||||
32 17/19p ordinary | Purchase | 3,888 | 5.0743 GBP | ||||
32 17/19p ordinary | Purchase | 3,326 | 5.0864 GBP | ||||
32 17/19p ordinary | Purchase | 2,672 | 5.0860 GBP | ||||
32 17/19p ordinary | Purchase | 2,230 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 1,455 | 5.0777 GBP | ||||
32 17/19p ordinary | Purchase | 1,400 | 5.0880 GBP | ||||
32 17/19p ordinary | Purchase | 1,269 | 5.1000 GBP | ||||
ADR | Purchase | 1,222 | 12.8801 USD | ||||
32 17/19p ordinary | Purchase | 1,140 | 5.0800 GBP | ||||
32 17/19p ordinary | Purchase | 1,032 | 5.0818 GBP | ||||
32 17/19p ordinary | Purchase | 983 | 5.0740 GBP | ||||
32 17/19p ordinary | Purchase | 785 | 5.0900 GBP | ||||
32 17/19p ordinary | Purchase | 775 | 5.0726 GBP | ||||
32 17/19p ordinary | Purchase | 761 | 5.1120 GBP | ||||
32 17/19p ordinary | Purchase | 756 | 5.0722 GBP | ||||
32 17/19p ordinary | Purchase | 747 | 5.1020 GBP | ||||
32 17/19p ordinary | Purchase | 678 | 5.0840 GBP | ||||
32 17/19p ordinary | Purchase | 630 | 5.0947 GBP | ||||
32 17/19p ordinary | Purchase | 292 | 5.1140 GBP | ||||
32 17/19p ordinary | Purchase | 287 | 5.0680 GBP | ||||
32 17/19p ordinary | Purchase | 218 | 5.0720 GBP | ||||
32 17/19p ordinary | Purchase | 81 | 5.1025 GBP | ||||
32 17/19p ordinary | Sale | 250,881 | 5.0700 GBP | ||||
32 17/19p ordinary | Sale | 142,513 | 5.0815 GBP | ||||
32 17/19p ordinary | Sale | 96,184 | 5.0718 GBP | ||||
32 17/19p ordinary | Sale | 95,526 | 5.0709 GBP | ||||
32 17/19p ordinary | Sale | 94,179 | 5.0818 GBP | ||||
32 17/19p ordinary | Sale | 93,875 | 5.0803 GBP | ||||
32 17/19p ordinary | Sale | 70,619 | 5.0783 GBP | ||||
32 17/19p ordinary | Sale | 56,096 | 5.0859 GBP | ||||
32 17/19p ordinary | Sale | 52,933 | 5.0782 GBP | ||||
32 17/19p ordinary | Sale | 50,191 | 5.0710 GBP | ||||
32 17/19p ordinary | Sale | 38,744 | 5.0941 GBP | ||||
32 17/19p ordinary | Sale | 34,658 | 5.0811 GBP | ||||
32 17/19p ordinary | Sale | 30,407 | 5.0827 GBP | ||||
32 17/19p ordinary | Sale | 28,992 | 5.0880 GBP | ||||
32 17/19p ordinary | Sale | 25,676 | 5.0742 GBP | ||||
32 17/19p ordinary | Sale | 24,686 | 5.0812 GBP | ||||
32 17/19p ordinary | Sale | 22,683 | 5.0756 GBP | ||||
32 17/19p ordinary | Sale | 22,027 | 5.0817 GBP | ||||
32 17/19p ordinary | Sale | 16,899 | 5.0932 GBP | ||||
32 17/19p ordinary | Sale | 16,767 | 5.0698 GBP | ||||
32 17/19p ordinary | Sale | 16,672 | 5.0805 GBP | ||||
32 17/19p ordinary | Sale | 15,963 | 5.0864 GBP | ||||
32 17/19p ordinary | Sale | 14,587 | 5.0847 GBP | ||||
32 17/19p ordinary | Sale | 13,972 | 5.0813 GBP | ||||
32 17/19p ordinary | Sale | 12,672 | 5.1013 GBP | ||||
32 17/19p ordinary | Sale | 11,522 | 5.0943 GBP | ||||
32 17/19p ordinary | Sale | 11,262 | 5.0886 GBP | ||||
32 17/19p ordinary | Sale | 9,552 | 5.0849 GBP | ||||
32 17/19p ordinary | Sale | 7,454 | 5.0791 GBP | ||||
32 17/19p ordinary | Sale | 5,815 | 5.0776 GBP | ||||
32 17/19p ordinary | Sale | 5,487 | 5.1019 GBP | ||||
32 17/19p ordinary | Sale | 5,219 | 5.0939 GBP | ||||
32 17/19p ordinary | Sale | 4,604 | 5.1080 GBP | ||||
32 17/19p ordinary | Sale | 3,886 | 5.0973 GBP | ||||
32 17/19p ordinary | Sale | 3,625 | 5.0703 GBP | ||||
32 17/19p ordinary | Sale | 3,501 | 5.0699 GBP | ||||
32 17/19p ordinary | Sale | 2,689 | 5.0772 GBP | ||||
32 17/19p ordinary | Sale | 2,553 | 5.0786 GBP | ||||
32 17/19p ordinary | Sale | 2,512 | 5.0878 GBP | ||||
32 17/19p ordinary | Sale | 2,437 | 5.0796 GBP | ||||
32 17/19p ordinary | Sale | 2,044 | 5.0868 GBP | ||||
32 17/19p ordinary | Sale | 1,903 | 5.0960 GBP | ||||
32 17/19p ordinary | Sale | 1,682 | 5.0784 GBP | ||||
32 17/19p ordinary | Sale | 1,667 | 5.0748 GBP | ||||
32 17/19p ordinary | Sale | 1,509 | 5.0841 GBP | ||||
32 17/19p ordinary | Sale | 1,375 | 5.1027 GBP | ||||
32 17/19p ordinary | Sale | 1,295 | 5.1051 GBP | ||||
32 17/19p ordinary | Sale | 1,279 | 5.0704 GBP | ||||
32 17/19p ordinary | Sale | 1,269 | 5.1000 GBP | ||||
ADR | Sale | 1,222 | 12.8801 USD | ||||
32 17/19p ordinary | Sale | 1,139 | 5.0750 GBP | ||||
32 17/19p ordinary | Sale | 1,031 | 5.0690 GBP | ||||
32 17/19p ordinary | Sale | 983 | 5.0740 GBP | ||||
32 17/19p ordinary | Sale | 903 | 5.1070 GBP | ||||
32 17/19p ordinary | Sale | 833 | 5.0958 GBP | ||||
32 17/19p ordinary | Sale | 761 | 5.1120 GBP | ||||
32 17/19p ordinary | Sale | 757 | 5.0720 GBP | ||||
32 17/19p ordinary | Sale | 747 | 5.1020 GBP | ||||
32 17/19p ordinary | Sale | 737 | 5.0683 GBP | ||||
32 17/19p ordinary | Sale | 678 | 5.0840 GBP | ||||
32 17/19p ordinary | Sale | 595 | 5.0694 GBP | ||||
32 17/19p ordinary | Sale | 550 | 5.0719 GBP | ||||
32 17/19p ordinary | Sale | 537 | 5.0820 GBP | ||||
32 17/19p ordinary | Sale | 433 | 5.0861 GBP | ||||
32 17/19p ordinary | Sale | 356 | 5.0999 GBP | ||||
32 17/19p ordinary | Sale | 316 | 5.0830 GBP | ||||
32 17/19p ordinary | Sale | 301 | 5.0641 GBP | ||||
32 17/19p ordinary | Sale | 292 | 5.1140 GBP | ||||
32 17/19p ordinary | Sale | 287 | 5.0680 GBP | ||||
32 17/19p ordinary | Sale | 257 | 5.0760 GBP | ||||
32 17/19p ordinary | Sale | 161 | 5.0728 GBP | ||||
32 17/19p ordinary | Sale | 113 | 5.0419 GBP | ||||
32 17/19p ordinary | Sale | 79 | 5.0835 GBP | ||||
32 17/19p ordinary | Sale | 38 | 5.0839 GBP | ||||
32 17/19p ordinary | Sale | 8 | 5.0674 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 | Increasing Long | 39,797 | 5.0773 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 482 | 5.0380 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 113 | 5.0419 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 301 | 5.0641 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8 | 5.0674 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 737 | 5.0683 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,767 | 5.0698 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,501 | 5.0699 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 24,392 | 5.0700 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,279 | 5.0704 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 50,191 | 5.0710 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 20,959 | 5.0712 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 550 | 5.0719 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 479 | 5.0759 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,128 | 5.0772 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 578 | 5.0781 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 52,933 | 5.0782 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,225 | 5.0784 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,124 | 5.0788 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,454 | 5.0791 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 53,141 | 5.0792 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 34,658 | 5.0811 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 24,686 | 5.0812 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 142,513 | 5.0815 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 62,761 | 5.0817 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 94,179 | 5.0818 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 30,407 | 5.0827 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 79 | 5.0834 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38 | 5.0839 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,112 | 5.0851 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 56,096 | 5.0859 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 15,963 | 5.0864 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,262 | 5.0886 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 21,952 | 5.0903 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,899 | 5.0932 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 655 | 5.0958 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 817 | 5.0960 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,956 | 5.0977 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 356 | 5.0999 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,136 | 5.1019 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 761 | 5.1118 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,287 | 5.0446 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,455 | 5.0700 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,424 | 5.0712 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,291 | 5.0718 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 824 | 5.0733 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 897 | 5.0739 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 22,008 | 5.0754 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,981 | 5.0755 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,170 | 5.0760 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,613 | 5.0816 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 78,441 | 5.0820 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 49,352 | 5.0822 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,941 | 5.0858 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 52,800 | 5.0868 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 188 | 5.1060 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,051 | 5.0927 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 84 | 5.0455 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,142 | 5.0637 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 47,394 | 5.0946 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 2,365 | 5.0383 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 17,065 | 5.0704 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 8,658 | 5.0754 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 9,351 | 5.0780 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,220 | 5.0843 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: | 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 | ||||||
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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 | 456.4800 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Purchased | 10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Written | -241,313 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,791 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,582 | 5.3176 | European | 05 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Put Options | Written | 10,000 | 456.4800 | 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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