7th Feb 2025 15:07
FORM 8.3 - Amendment to 2aReplaces form Released at 22/01/2025 14:33 RNS Number : 3341U | |||||||
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: | 21 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: | 20,407,040 | 0.76% | 18,750,964 | 0.70% | |||
(2) Cash-settled derivatives: | 2,079,464 | 0.08% | 15,380,022 | 0.57% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 788,922 | 0.03% | |||
TOTAL: | 22,486,504 | 0.83% | 34,919,908 | 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 | 329,569 | 4.9342 GBP | ||||
32 17/19p ordinary | Purchase | 323,367 | 4.9400 GBP | ||||
32 17/19p ordinary | Purchase | 287,169 | 4.9391 GBP | ||||
32 17/19p ordinary | Purchase | 64,603 | 4.9347 GBP | ||||
32 17/19p ordinary | Purchase | 56,598 | 4.9397 GBP | ||||
32 17/19p ordinary | Purchase | 23,262 | 4.9321 GBP | ||||
32 17/19p ordinary | Purchase | 21,713 | 4.9362 GBP | ||||
32 17/19p ordinary | Purchase | 21,473 | 4.9407 GBP | ||||
32 17/19p ordinary | Purchase | 20,934 | 4.9327 GBP | ||||
32 17/19p ordinary | Purchase | 17,247 | 4.9339 GBP | ||||
32 17/19p ordinary | Purchase | 17,103 | 4.9232 GBP | ||||
32 17/19p ordinary | Purchase | 15,724 | 4.9436 GBP | ||||
32 17/19p ordinary | Purchase | 8,791 | 4.9355 GBP | ||||
32 17/19p ordinary | Purchase | 6,886 | 4.9406 GBP | ||||
32 17/19p ordinary | Purchase | 6,660 | 4.9306 GBP | ||||
32 17/19p ordinary | Purchase | 6,361 | 4.9322 GBP | ||||
32 17/19p ordinary | Purchase | 4,677 | 4.9393 GBP | ||||
32 17/19p ordinary | Purchase | 3,001 | 4.9250 GBP | ||||
32 17/19p ordinary | Purchase | 2,344 | 4.9425 GBP | ||||
ADR | Purchase | 2,000 | 12.3040 USD | ||||
32 17/19p ordinary | Purchase | 1,806 | 4.9356 GBP | ||||
32 17/19p ordinary | Purchase | 1,398 | 4.9319 GBP | ||||
32 17/19p ordinary | Purchase | 896 | 4.9190 GBP | ||||
32 17/19p ordinary | Purchase | 700 | 4.9220 GBP | ||||
32 17/19p ordinary | Purchase | 517 | 4.9370 GBP | ||||
32 17/19p ordinary | Purchase | 500 | 4.9215 GBP | ||||
32 17/19p ordinary | Purchase | 469 | 4.9365 GBP | ||||
32 17/19p ordinary | Purchase | 468 | 4.9235 GBP | ||||
32 17/19p ordinary | Purchase | 456 | 4.9305 GBP | ||||
32 17/19p ordinary | Purchase | 451 | 4.9210 GBP | ||||
32 17/19p ordinary | Purchase | 412 | 4.9270 GBP | ||||
32 17/19p ordinary | Purchase | 169 | 4.9279 GBP | ||||
32 17/19p ordinary | Sale | 255,428 | 4.9400 GBP | ||||
32 17/19p ordinary | Sale | 198,471 | 4.9340 GBP | ||||
32 17/19p ordinary | Sale | 155,811 | 4.9390 GBP | ||||
32 17/19p ordinary | Sale | 74,769 | 4.9343 GBP | ||||
32 17/19p ordinary | Sale | 54,460 | 4.9367 GBP | ||||
32 17/19p ordinary | Sale | 49,741 | 4.9379 GBP | ||||
32 17/19p ordinary | Sale | 29,882 | 4.9387 GBP | ||||
32 17/19p ordinary | Sale | 21,900 | 4.9334 GBP | ||||
32 17/19p ordinary | Sale | 21,473 | 4.9407 GBP | ||||
32 17/19p ordinary | Sale | 17,895 | 4.9352 GBP | ||||
32 17/19p ordinary | Sale | 17,214 | 4.9333 GBP | ||||
32 17/19p ordinary | Sale | 13,854 | 4.9349 GBP | ||||
32 17/19p ordinary | Sale | 11,850 | 4.9385 GBP | ||||
32 17/19p ordinary | Sale | 9,445 | 4.9373 GBP | ||||
32 17/19p ordinary | Sale | 9,036 | 4.9391 GBP | ||||
32 17/19p ordinary | Sale | 7,692 | 4.9439 GBP | ||||
32 17/19p ordinary | Sale | 6,214 | 4.9332 GBP | ||||
32 17/19p ordinary | Sale | 5,636 | 4.9325 GBP | ||||
32 17/19p ordinary | Sale | 5,525 | 4.9399 GBP | ||||
32 17/19p ordinary | Sale | 4,723 | 4.9321 GBP | ||||
32 17/19p ordinary | Sale | 4,330 | 4.9295 GBP | ||||
32 17/19p ordinary | Sale | 3,403 | 4.9402 GBP | ||||
32 17/19p ordinary | Sale | 3,261 | 4.9297 GBP | ||||
32 17/19p ordinary | Sale | 3,220 | 4.9427 GBP | ||||
32 17/19p ordinary | Sale | 3,001 | 4.9250 GBP | ||||
32 17/19p ordinary | Sale | 2,484 | 4.9259 GBP | ||||
ADR | Sale | 2,000 | 12.3040 USD | ||||
32 17/19p ordinary | Sale | 1,594 | 4.9441 GBP | ||||
32 17/19p ordinary | Sale | 1,577 | 4.9360 GBP | ||||
32 17/19p ordinary | Sale | 1,511 | 4.9392 GBP | ||||
32 17/19p ordinary | Sale | 1,407 | 4.9313 GBP | ||||
32 17/19p ordinary | Sale | 1,395 | 4.9395 GBP | ||||
32 17/19p ordinary | Sale | 1,301 | 4.9235 GBP | ||||
32 17/19p ordinary | Sale | 1,219 | 4.9404 GBP | ||||
32 17/19p ordinary | Sale | 1,219 | 4.9355 GBP | ||||
32 17/19p ordinary | Sale | 960 | 4.9317 GBP | ||||
32 17/19p ordinary | Sale | 953 | 4.9330 GBP | ||||
32 17/19p ordinary | Sale | 896 | 4.9195 GBP | ||||
32 17/19p ordinary | Sale | 633 | 4.9382 GBP | ||||
32 17/19p ordinary | Sale | 512 | 4.9370 GBP | ||||
32 17/19p ordinary | Sale | 494 | 4.9210 GBP | ||||
32 17/19p ordinary | Sale | 456 | 4.9305 GBP | ||||
32 17/19p ordinary | Sale | 410 | 4.9258 GBP | ||||
32 17/19p ordinary | Sale | 310 | 4.9289 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 | 45,974 | 4.9374 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 410 | 4.9258 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,723 | 4.9321 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 953 | 4.9329 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 21,900 | 4.9334 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,166 | 4.9339 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 17,895 | 4.9352 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38 | 4.9365 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,339 | 4.9367 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,445 | 4.9373 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,929 | 4.9378 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,790 | 4.9379 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,930 | 4.9381 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 633 | 4.9382 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 29,882 | 4.9387 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 155,811 | 4.9390 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 9,036 | 4.9391 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,525 | 4.9399 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 36,348 | 4.9400 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,403 | 4.9402 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1 | 4.9415 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 182 | 4.9421 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,220 | 4.9427 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 840 | 4.9430 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,134 | 4.9431 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,246 | 4.9463 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,467 | 4.9471 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 700 | 4.9220 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,310 | 4.9232 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 28,327 | 4.9307 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,163 | 4.9315 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,380 | 4.9319 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 20,934 | 4.9327 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 29,679 | 4.9328 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,791 | 4.9355 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 33,896 | 4.9383 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,677 | 4.9393 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 90,985 | 4.9399 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 121,240 | 4.9400 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,724 | 4.9436 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,817 | 4.9382 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 381 | 4.9367 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,507 | 4.9486 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,507 | 4.9403 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 20,821 | 4.9405 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 | Call Options | Written | -322,240 | 4.2985 | European | 11 Mar 2025 | |
32 17/19p ordinary | Call Options | Written | -241,316 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,788 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,578 | 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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