10th Feb 2025 10:54
FORM 8.3 - Amendment to 2aReplaces form Released at 05/02/2025 15:24 RNS Number : 0631W | |||||||
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): |
| |||||
(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: |
| |||||
(e) | Date position held/dealing undertaken: | 04 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: | 24,062,160 | 0.89% | 20,696,185 | 0.77% | |||
(2) Cash-settled derivatives: | 3,605,712 | 0.13% | 18,270,967 | 0.68% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,673 | 0.02% | |||
TOTAL: | 27,687,872 | 1.03% | 39,453,825 | 1.47% | |||
(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 | 525,759 | 5.0560 GBP | ||||
32 17/19p ordinary | Purchase | 429,087 | 5.0530 GBP | ||||
32 17/19p ordinary | Purchase | 284,892 | 5.0497 GBP | ||||
32 17/19p ordinary | Purchase | 177,671 | 5.0390 GBP | ||||
32 17/19p ordinary | Purchase | 160,074 | 5.0373 GBP | ||||
32 17/19p ordinary | Purchase | 149,434 | 5.0478 GBP | ||||
32 17/19p ordinary | Purchase | 94,507 | 5.0364 GBP | ||||
32 17/19p ordinary | Purchase | 88,860 | 5.0387 GBP | ||||
32 17/19p ordinary | Purchase | 88,299 | 5.0367 GBP | ||||
32 17/19p ordinary | Purchase | 47,183 | 5.0552 GBP | ||||
32 17/19p ordinary | Purchase | 42,891 | 5.0337 GBP | ||||
32 17/19p ordinary | Purchase | 39,509 | 5.0563 GBP | ||||
32 17/19p ordinary | Purchase | 34,266 | 5.0550 GBP | ||||
32 17/19p ordinary | Purchase | 25,238 | 5.0238 GBP | ||||
32 17/19p ordinary | Purchase | 24,108 | 5.0297 GBP | ||||
32 17/19p ordinary | Purchase | 16,325 | 5.0372 GBP | ||||
32 17/19p ordinary | Purchase | 15,002 | 5.0419 GBP | ||||
32 17/19p ordinary | Purchase | 13,097 | 5.0329 GBP | ||||
32 17/19p ordinary | Purchase | 12,766 | 5.0441 GBP | ||||
32 17/19p ordinary | Purchase | 12,192 | 5.0333 GBP | ||||
32 17/19p ordinary | Purchase | 11,942 | 5.0239 GBP | ||||
32 17/19p ordinary | Purchase | 10,183 | 5.0386 GBP | ||||
32 17/19p ordinary | Purchase | 9,903 | 5.0525 GBP | ||||
32 17/19p ordinary | Purchase | 8,609 | 5.0308 GBP | ||||
32 17/19p ordinary | Purchase | 7,850 | 5.0209 GBP | ||||
32 17/19p ordinary | Purchase | 5,895 | 5.0306 GBP | ||||
32 17/19p ordinary | Purchase | 5,803 | 5.0313 GBP | ||||
32 17/19p ordinary | Purchase | 5,770 | 5.0251 GBP | ||||
32 17/19p ordinary | Purchase | 4,607 | 5.0540 GBP | ||||
32 17/19p ordinary | Purchase | 4,489 | 5.0580 GBP | ||||
32 17/19p ordinary | Purchase | 3,734 | 5.0500 GBP | ||||
32 17/19p ordinary | Purchase | 3,160 | 5.0210 GBP | ||||
32 17/19p ordinary | Purchase | 2,866 | 5.0180 GBP | ||||
32 17/19p ordinary | Purchase | 2,656 | 5.0440 GBP | ||||
32 17/19p ordinary | Purchase | 2,395 | 5.0400 GBP | ||||
32 17/19p ordinary | Purchase | 2,022 | 5.0200 GBP | ||||
32 17/19p ordinary | Purchase | 1,945 | 5.0620 GBP | ||||
32 17/19p ordinary | Purchase | 1,813 | 5.0240 GBP | ||||
32 17/19p ordinary | Purchase | 1,629 | 5.0520 GBP | ||||
32 17/19p ordinary | Purchase | 1,598 | 5.0260 GBP | ||||
32 17/19p ordinary | Purchase | 1,264 | 5.0380 GBP | ||||
32 17/19p ordinary | Purchase | 1,233 | 5.0488 GBP | ||||
32 17/19p ordinary | Purchase | 1,233 | 5.0600 GBP | ||||
32 17/19p ordinary | Purchase | 1,150 | 5.0381 GBP | ||||
32 17/19p ordinary | Purchase | 1,138 | 5.0340 GBP | ||||
32 17/19p ordinary | Purchase | 1,112 | 5.0343 GBP | ||||
32 17/19p ordinary | Purchase | 1,103 | 5.0220 GBP | ||||
32 17/19p ordinary | Purchase | 1,026 | 5.0480 GBP | ||||
32 17/19p ordinary | Purchase | 825 | 5.0320 GBP | ||||
32 17/19p ordinary | Purchase | 643 | 5.0360 GBP | ||||
32 17/19p ordinary | Purchase | 629 | 5.0430 GBP | ||||
ADR | Purchase | 600 | 12.6800 USD | ||||
32 17/19p ordinary | Purchase | 579 | 5.0160 GBP | ||||
32 17/19p ordinary | Purchase | 504 | 5.0420 GBP | ||||
32 17/19p ordinary | Purchase | 502 | 5.0590 GBP | ||||
32 17/19p ordinary | Purchase | 494 | 5.0610 GBP | ||||
32 17/19p ordinary | Purchase | 485 | 5.0410 GBP | ||||
32 17/19p ordinary | Purchase | 480 | 5.0528 GBP | ||||
32 17/19p ordinary | Purchase | 430 | 5.0537 GBP | ||||
32 17/19p ordinary | Purchase | 227 | 5.0280 GBP | ||||
32 17/19p ordinary | Purchase | 4 | 5.0300 GBP | ||||
32 17/19p ordinary | Purchase | 4 | 5.0460 GBP | ||||
32 17/19p ordinary | Sale | 292,062 | 5.0560 GBP | ||||
32 17/19p ordinary | Sale | 230,530 | 5.0174 GBP | ||||
32 17/19p ordinary | Sale | 164,946 | 5.0474 GBP | ||||
32 17/19p ordinary | Sale | 156,211 | 5.0300 GBP | ||||
32 17/19p ordinary | Sale | 123,675 | 5.0554 GBP | ||||
32 17/19p ordinary | Sale | 77,132 | 5.0385 GBP | ||||
32 17/19p ordinary | Sale | 59,386 | 5.0409 GBP | ||||
32 17/19p ordinary | Sale | 59,275 | 5.0491 GBP | ||||
32 17/19p ordinary | Sale | 49,000 | 5.0273 GBP | ||||
32 17/19p ordinary | Sale | 24,044 | 5.0354 GBP | ||||
32 17/19p ordinary | Sale | 9,937 | 5.0365 GBP | ||||
32 17/19p ordinary | Sale | 9,378 | 5.0307 GBP | ||||
32 17/19p ordinary | Sale | 8,875 | 5.0413 GBP | ||||
32 17/19p ordinary | Sale | 8,104 | 5.0277 GBP | ||||
32 17/19p ordinary | Sale | 7,285 | 5.0509 GBP | ||||
32 17/19p ordinary | Sale | 5,408 | 5.0580 GBP | ||||
32 17/19p ordinary | Sale | 5,130 | 5.0390 GBP | ||||
32 17/19p ordinary | Sale | 5,000 | 5.0288 GBP | ||||
32 17/19p ordinary | Sale | 4,886 | 5.0465 GBP | ||||
32 17/19p ordinary | Sale | 4,607 | 5.0540 GBP | ||||
32 17/19p ordinary | Sale | 4,406 | 5.0286 GBP | ||||
32 17/19p ordinary | Sale | 4,214 | 5.0481 GBP | ||||
32 17/19p ordinary | Sale | 3,953 | 5.0570 GBP | ||||
32 17/19p ordinary | Sale | 3,734 | 5.0500 GBP | ||||
32 17/19p ordinary | Sale | 3,504 | 5.0415 GBP | ||||
32 17/19p ordinary | Sale | 2,956 | 5.0204 GBP | ||||
32 17/19p ordinary | Sale | 2,950 | 5.0434 GBP | ||||
32 17/19p ordinary | Sale | 2,866 | 5.0180 GBP | ||||
32 17/19p ordinary | Sale | 2,672 | 5.0296 GBP | ||||
32 17/19p ordinary | Sale | 2,425 | 5.0331 GBP | ||||
32 17/19p ordinary | Sale | 2,411 | 5.0260 GBP | ||||
32 17/19p ordinary | Sale | 2,395 | 5.0400 GBP | ||||
32 17/19p ordinary | Sale | 2,022 | 5.0200 GBP | ||||
32 17/19p ordinary | Sale | 1,813 | 5.0240 GBP | ||||
32 17/19p ordinary | Sale | 1,777 | 5.0285 GBP | ||||
32 17/19p ordinary | Sale | 1,631 | 5.0515 GBP | ||||
32 17/19p ordinary | Sale | 1,629 | 5.0520 GBP | ||||
32 17/19p ordinary | Sale | 1,470 | 5.0620 GBP | ||||
32 17/19p ordinary | Sale | 1,381 | 5.0248 GBP | ||||
32 17/19p ordinary | Sale | 1,264 | 5.0380 GBP | ||||
32 17/19p ordinary | Sale | 1,233 | 5.0600 GBP | ||||
32 17/19p ordinary | Sale | 1,138 | 5.0340 GBP | ||||
32 17/19p ordinary | Sale | 1,137 | 5.0458 GBP | ||||
32 17/19p ordinary | Sale | 1,103 | 5.0220 GBP | ||||
32 17/19p ordinary | Sale | 1,037 | 5.0360 GBP | ||||
32 17/19p ordinary | Sale | 1,026 | 5.0480 GBP | ||||
32 17/19p ordinary | Sale | 815 | 5.0320 GBP | ||||
32 17/19p ordinary | Sale | 681 | 5.0440 GBP | ||||
32 17/19p ordinary | Sale | 644 | 5.0190 GBP | ||||
32 17/19p ordinary | Sale | 629 | 5.0430 GBP | ||||
ADR | Sale | 600 | 12.6800 USD | ||||
32 17/19p ordinary | Sale | 579 | 5.0160 GBP | ||||
32 17/19p ordinary | Sale | 531 | 5.0530 GBP | ||||
32 17/19p ordinary | Sale | 504 | 5.0420 GBP | ||||
32 17/19p ordinary | Sale | 502 | 5.0590 GBP | ||||
32 17/19p ordinary | Sale | 494 | 5.0610 GBP | ||||
32 17/19p ordinary | Sale | 485 | 5.0410 GBP | ||||
32 17/19p ordinary | Sale | 480 | 5.0550 GBP | ||||
32 17/19p ordinary | Sale | 480 | 5.0348 GBP | ||||
32 17/19p ordinary | Sale | 166 | 5.0565 GBP | ||||
32 17/19p ordinary | Sale | 4 | 5.0460 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 | 2,956 | 5.0204 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,574 | 5.0239 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 813 | 5.0260 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,000 | 5.0288 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 457 | 5.0300 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,868 | 5.0342 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 59,386 | 5.0409 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,875 | 5.0413 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,950 | 5.0434 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 200 | 5.0439 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,902 | 5.0550 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 242 | 5.0550 USD | |||
32 17/19p ordinary | SWAP | Decreasing Short | 321 | 5.0560 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,636 | 5.0640 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,387 | 5.0660 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 25,238 | 5.0238 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,108 | 5.0297 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,052 | 5.0315 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 38,555 | 5.0334 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 42,891 | 5.0337 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 19,886 | 5.0343 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 88,299 | 5.0367 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 95,272 | 5.0368 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 71,080 | 5.0379 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 47,514 | 5.0384 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,512 | 5.0385 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 177,671 | 5.0390 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,438 | 5.0392 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 284,892 | 5.0497 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 21,288 | 5.0509 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 58,487 | 5.0554 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 461,540 | 5.0560 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7 | 5.0561 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 39,509 | 5.0563 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 9,005 | 5.0332 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 230,530 | 5.0174 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 600 | 5.0336 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 164,946 | 5.0474 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,878 | 5.0556 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 11,862 | 5.0569 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 24,944 | 5.0230 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 8,644 | 5.0337 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,878 | 5.0643 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 6,610 | 5.0644 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 |
| |||||
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 | ||||||
| |||||||
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 | 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 | -241,312 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,785 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,576 | 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: | |||||||
| |||||||