11th Feb 2025 12:34
FORM 8.3 - Amendment to 2a Replaces form Released at 06/02/2025 15:13 RNS Number : 2345W | |||||||
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 |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | AVIVA PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 05 Feb 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DIRECT LINE INSURANCE GROUP PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 32 17/19p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 24,345,789 | 0.91% | 23,967,613 | 0.90% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 6,359,933 | 0.24% | 18,615,312 | 0.70% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 20,000 | 0.00% | 486,675 | 0.02% |
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| TOTAL: |
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| 30,725,722 | 1.15% | 43,069,600 | 1.61% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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32 17/19p ordinary | Purchase | 3,377,406 | 5.0780 GBP | ||||
32 17/19p ordinary | Purchase | 137,669 | 5.0574 GBP | ||||
32 17/19p ordinary | Purchase | 126,562 | 5.0531 GBP | ||||
32 17/19p ordinary | Purchase | 113,851 | 5.0474 GBP | ||||
32 17/19p ordinary | Purchase | 101,074 | 5.0635 GBP | ||||
32 17/19p ordinary | Purchase | 61,822 | 5.0416 GBP | ||||
32 17/19p ordinary | Purchase | 31,585 | 5.0524 GBP | ||||
32 17/19p ordinary | Purchase | 26,219 | 5.0767 GBP | ||||
32 17/19p ordinary | Purchase | 26,091 | 5.0717 GBP | ||||
32 17/19p ordinary | Purchase | 24,438 | 5.0452 GBP | ||||
32 17/19p ordinary | Purchase | 21,234 | 5.0768 GBP | ||||
32 17/19p ordinary | Purchase | 16,495 | 5.0393 GBP | ||||
32 17/19p ordinary | Purchase | 15,487 | 5.0781 GBP | ||||
32 17/19p ordinary | Purchase | 13,200 | 5.0493 GBP | ||||
32 17/19p ordinary | Purchase | 13,031 | 5.0290 GBP | ||||
32 17/19p ordinary | Purchase | 12,788 | 5.0263 GBP | ||||
32 17/19p ordinary | Purchase | 11,798 | 5.0409 GBP | ||||
32 17/19p ordinary | Purchase | 11,440 | 5.0645 GBP | ||||
32 17/19p ordinary | Purchase | 7,380 | 5.0632 GBP | ||||
32 17/19p ordinary | Purchase | 6,195 | 5.0247 GBP | ||||
32 17/19p ordinary | Purchase | 5,958 | 5.0402 GBP | ||||
32 17/19p ordinary | Purchase | 4,823 | 5.0533 GBP | ||||
32 17/19p ordinary | Purchase | 4,437 | 5.0508 GBP | ||||
32 17/19p ordinary | Purchase | 4,030 | 5.0260 GBP | ||||
32 17/19p ordinary | Purchase | 3,918 | 5.0540 GBP | ||||
32 17/19p ordinary | Purchase | 3,402 | 5.0651 GBP | ||||
32 17/19p ordinary | Purchase | 3,335 | 5.0445 GBP | ||||
32 17/19p ordinary | Purchase | 2,261 | 5.0579 GBP | ||||
32 17/19p ordinary | Purchase | 2,037 | 5.0441 GBP | ||||
32 17/19p ordinary | Purchase | 1,983 | 5.0460 GBP | ||||
32 17/19p ordinary | Purchase | 1,918 | 5.0657 GBP | ||||
32 17/19p ordinary | Purchase | 1,514 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 1,373 | 5.0640 GBP | ||||
32 17/19p ordinary | Purchase | 1,267 | 5.0400 GBP | ||||
32 17/19p ordinary | Purchase | 1,185 | 5.0660 GBP | ||||
32 17/19p ordinary | Purchase | 1,180 | 5.0280 GBP | ||||
32 17/19p ordinary | Purchase | 1,109 | 5.0607 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 5.0572 GBP | ||||
32 17/19p ordinary | Purchase | 731 | 5.0680 GBP | ||||
32 17/19p ordinary | Purchase | 719 | 5.0420 GBP | ||||
32 17/19p ordinary | Purchase | 706 | 5.0667 GBP | ||||
32 17/19p ordinary | Purchase | 661 | 5.0200 GBP | ||||
ADR | Purchase | 600 | 12.8300 USD | ||||
32 17/19p ordinary | Purchase | 594 | 5.0591 GBP | ||||
32 17/19p ordinary | Purchase | 561 | 5.0240 GBP | ||||
32 17/19p ordinary | Purchase | 353 | 5.0426 GBP | ||||
32 17/19p ordinary | Purchase | 328 | 5.0440 GBP | ||||
32 17/19p ordinary | Purchase | 41 | 5.0580 GBP | ||||
32 17/19p ordinary | Purchase | 8 | 5.0620 GBP | ||||
32 17/19p ordinary | Sale | 5,844,147 | 5.0780 GBP | ||||
32 17/19p ordinary | Sale | 724,561 | 5.0240 GBP | ||||
32 17/19p ordinary | Sale | 126,492 | 5.0658 GBP | ||||
32 17/19p ordinary | Sale | 79,878 | 5.0677 GBP | ||||
32 17/19p ordinary | Sale | 59,559 | 5.0417 GBP | ||||
32 17/19p ordinary | Sale | 49,981 | 5.0559 GBP | ||||
32 17/19p ordinary | Sale | 43,003 | 5.0691 GBP | ||||
32 17/19p ordinary | Sale | 38,274 | 5.0593 GBP | ||||
32 17/19p ordinary | Sale | 35,738 | 5.0539 GBP | ||||
32 17/19p ordinary | Sale | 29,764 | 5.0728 GBP | ||||
32 17/19p ordinary | Sale | 28,759 | 5.0779 GBP | ||||
32 17/19p ordinary | Sale | 26,438 | 5.0612 GBP | ||||
32 17/19p ordinary | Sale | 21,234 | 5.0768 GBP | ||||
32 17/19p ordinary | Sale | 11,492 | 5.0714 GBP | ||||
32 17/19p ordinary | Sale | 10,239 | 5.0578 GBP | ||||
32 17/19p ordinary | Sale | 9,653 | 5.0362 GBP | ||||
32 17/19p ordinary | Sale | 7,721 | 5.0634 GBP | ||||
32 17/19p ordinary | Sale | 5,440 | 5.0343 GBP | ||||
32 17/19p ordinary | Sale | 4,900 | 5.0665 GBP | ||||
32 17/19p ordinary | Sale | 4,479 | 5.0631 GBP | ||||
32 17/19p ordinary | Sale | 4,328 | 5.0196 GBP | ||||
32 17/19p ordinary | Sale | 3,390 | 5.0724 GBP | ||||
32 17/19p ordinary | Sale | 2,668 | 5.0640 GBP | ||||
32 17/19p ordinary | Sale | 2,504 | 5.0667 GBP | ||||
32 17/19p ordinary | Sale | 2,000 | 5.0280 GBP | ||||
32 17/19p ordinary | Sale | 1,983 | 5.0460 GBP | ||||
32 17/19p ordinary | Sale | 1,907 | 5.0475 GBP | ||||
32 17/19p ordinary | Sale | 1,514 | 5.0700 GBP | ||||
32 17/19p ordinary | Sale | 1,322 | 5.0200 GBP | ||||
32 17/19p ordinary | Sale | 1,109 | 5.0607 GBP | ||||
32 17/19p ordinary | Sale | 1,000 | 5.0400 GBP | ||||
32 17/19p ordinary | Sale | 961 | 5.0690 GBP | ||||
32 17/19p ordinary | Sale | 941 | 5.0650 GBP | ||||
32 17/19p ordinary | Sale | 810 | 5.0741 GBP | ||||
32 17/19p ordinary | Sale | 805 | 5.0420 GBP | ||||
32 17/19p ordinary | Sale | 780 | 5.0616 GBP | ||||
32 17/19p ordinary | Sale | 771 | 5.0725 GBP | ||||
32 17/19p ordinary | Sale | 752 | 5.0610 GBP | ||||
32 17/19p ordinary | Sale | 731 | 5.0680 GBP | ||||
ADR | Sale | 600 | 12.8300 USD | ||||
32 17/19p ordinary | Sale | 587 | 5.0480 GBP | ||||
32 17/19p ordinary | Sale | 542 | 5.0560 GBP | ||||
32 17/19p ordinary | Sale | 531 | 5.0572 GBP | ||||
32 17/19p ordinary | Sale | 440 | 5.0220 GBP | ||||
32 17/19p ordinary | Sale | 348 | 5.0660 GBP | ||||
32 17/19p ordinary | Sale | 332 | 5.0585 GBP | ||||
32 17/19p ordinary | Sale | 139 | 5.0641 GBP | ||||
32 17/19p ordinary | Sale | 41 | 5.0580 GBP | ||||
32 17/19p ordinary | Sale | 8 | 5.0620 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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32 17/19p ordinary | SWAP | Decreasing Short | 681 | 5.0140 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 48 | 5.0227 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,616 | 5.0287 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 587 | 5.0480 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,015 | 5.0487 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,579 | 5.0496 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 35,738 | 5.0539 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 33,387 | 5.0591 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 38,274 | 5.0593 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,338 | 5.0634 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 941 | 5.0650 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,900 | 5.0665 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,519 | 5.0667 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 166 | 5.0677 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,492 | 5.0714 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,390 | 5.0724 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,083 | 5.0769 USD | |||
32 17/19p ordinary | SWAP | Decreasing Short | 28,759 | 5.0779 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,733,542 | 5.0780 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 18,920 | 5.0398 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,836 | 5.0404 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 61,822 | 5.0416 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 35,735 | 5.0425 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 24,438 | 5.0452 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 96,614 | 5.0471 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 38,884 | 5.0473 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 31,585 | 5.0524 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 126,562 | 5.0531 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,457 | 5.0571 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,842 | 5.0585 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,300 | 5.0715 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,249 | 5.0731 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 37,281 | 5.0740 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,164,604 | 5.0780 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 15,487 | 5.0781 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 6,076 | 5.0445 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,541 | 5.0653 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 37,502 | 5.0743 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 16,478 | 5.0775 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,172 | 5.0776 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 143,350 | 5.1174 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,172 | 5.0243 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 29,873 | 5.0339 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 20,037 | 5.0506 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 600 | 5.0603 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 11 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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 | Barclays PLC. | ||||||
are being disclosed: | |||||||
Name of offeror/offeree in relation to whose | AVIVA PLC | ||||||
relevant securities this from relates: | |||||||
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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 | -241,308 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,790 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,577 | 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 | |
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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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