5th Jun 2025 13:02
FORM 8.3 | |||||||
Amendment - this form replaces RNS number 8482J published at 15:19 on 22/05/2025, changes made to section 2a, 3a | |||||||
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: | 16 May 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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| 8,212,941 | 0.31% | 15,272,226 | 0.57% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,371,933 | 0.54% | 7,359,099 | 0.27% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,363 | 0.01% |
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| TOTAL: |
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| 22,584,874 | 0.84% | 22,856,688 | 0.86% |
(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 |
| securities |
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32 17/19p ordinary | Purchase | 382,893 | 5.8750 GBP | ||||
32 17/19p ordinary | Purchase | 241,789 | 5.8660 GBP | ||||
32 17/19p ordinary | Purchase | 186,357 | 5.8887 GBP | ||||
32 17/19p ordinary | Purchase | 121,742 | 5.8900 GBP | ||||
32 17/19p ordinary | Purchase | 84,032 | 5.8889 GBP | ||||
32 17/19p ordinary | Purchase | 66,045 | 5.8713 GBP | ||||
32 17/19p ordinary | Purchase | 64,638 | 5.8730 GBP | ||||
32 17/19p ordinary | Purchase | 62,364 | 5.8732 GBP | ||||
32 17/19p ordinary | Purchase | 48,042 | 5.8678 GBP | ||||
32 17/19p ordinary | Purchase | 47,115 | 5.8685 GBP | ||||
32 17/19p ordinary | Purchase | 43,881 | 5.8655 GBP | ||||
32 17/19p ordinary | Purchase | 42,108 | 5.8700 GBP | ||||
32 17/19p ordinary | Purchase | 40,316 | 5.8728 GBP | ||||
32 17/19p ordinary | Purchase | 30,443 | 5.8799 GBP | ||||
32 17/19p ordinary | Purchase | 24,649 | 5.8703 GBP | ||||
ADR | Purchase | 24,458 | 15.7175 USD | ||||
32 17/19p ordinary | Purchase | 22,339 | 5.8530 GBP | ||||
32 17/19p ordinary | Purchase | 20,300 | 5.8676 GBP | ||||
32 17/19p ordinary | Purchase | 16,155 | 5.8764 GBP | ||||
32 17/19p ordinary | Purchase | 13,953 | 5.8717 GBP | ||||
32 17/19p ordinary | Purchase | 12,159 | 5.8820 GBP | ||||
32 17/19p ordinary | Purchase | 11,646 | 5.8814 GBP | ||||
32 17/19p ordinary | Purchase | 11,128 | 5.8723 GBP | ||||
32 17/19p ordinary | Purchase | 10,257 | 5.8894 GBP | ||||
32 17/19p ordinary | Purchase | 10,251 | 5.8699 GBP | ||||
32 17/19p ordinary | Purchase | 9,605 | 5.8680 GBP | ||||
32 17/19p ordinary | Purchase | 8,923 | 5.8759 GBP | ||||
32 17/19p ordinary | Purchase | 8,441 | 5.8769 GBP | ||||
32 17/19p ordinary | Purchase | 7,698 | 5.8647 GBP | ||||
32 17/19p ordinary | Purchase | 7,453 | 5.8715 GBP | ||||
32 17/19p ordinary | Purchase | 5,682 | 5.8765 GBP | ||||
32 17/19p ordinary | Purchase | 5,611 | 5.8677 GBP | ||||
32 17/19p ordinary | Purchase | 4,814 | 5.8640 GBP | ||||
32 17/19p ordinary | Purchase | 4,095 | 5.8739 GBP | ||||
32 17/19p ordinary | Purchase | 3,571 | 5.8657 GBP | ||||
32 17/19p ordinary | Purchase | 3,300 | 5.8634 GBP | ||||
32 17/19p ordinary | Purchase | 2,314 | 5.8788 GBP | ||||
32 17/19p ordinary | Purchase | 2,124 | 5.8880 GBP | ||||
32 17/19p ordinary | Purchase | 1,910 | 5.8740 GBP | ||||
32 17/19p ordinary | Purchase | 1,588 | 5.8695 GBP | ||||
32 17/19p ordinary | Purchase | 1,505 | 5.8736 GBP | ||||
32 17/19p ordinary | Purchase | 1,412 | 5.8770 GBP | ||||
32 17/19p ordinary | Purchase | 1,046 | 5.8879 GBP | ||||
ADR | Purchase | 680 | 15.6600 USD | ||||
32 17/19p ordinary | Purchase | 649 | 5.8810 GBP | ||||
32 17/19p ordinary | Purchase | 642 | 5.8803 GBP | ||||
32 17/19p ordinary | Purchase | 547 | 5.8760 GBP | ||||
32 17/19p ordinary | Purchase | 544 | 5.8867 GBP | ||||
32 17/19p ordinary | Purchase | 481 | 5.8940 GBP | ||||
32 17/19p ordinary | Purchase | 364 | 5.8560 GBP | ||||
32 17/19p ordinary | Purchase | 304 | 5.8800 GBP | ||||
32 17/19p ordinary | Purchase | 301 | 5.8908 GBP | ||||
32 17/19p ordinary | Purchase | 206 | 5.8705 GBP | ||||
32 17/19p ordinary | Purchase | 72 | 5.8540 GBP | ||||
32 17/19p ordinary | Purchase | 65 | 5.8809 GBP | ||||
32 17/19p ordinary | Sale | 992,893 | 5.8880 GBP | ||||
32 17/19p ordinary | Sale | 749,695 | 5.8688 GBP | ||||
32 17/19p ordinary | Sale | 579,267 | 5.8899 GBP | ||||
32 17/19p ordinary | Sale | 197,783 | 5.8887 GBP | ||||
32 17/19p ordinary | Sale | 182,544 | 5.8732 GBP | ||||
32 17/19p ordinary | Sale | 154,580 | 5.8893 GBP | ||||
32 17/19p ordinary | Sale | 110,509 | 5.8734 GBP | ||||
32 17/19p ordinary | Sale | 101,538 | 5.8717 GBP | ||||
32 17/19p ordinary | Sale | 99,894 | 5.8900 GBP | ||||
32 17/19p ordinary | Sale | 99,270 | 5.8686 GBP | ||||
32 17/19p ordinary | Sale | 96,641 | 5.8719 GBP | ||||
32 17/19p ordinary | Sale | 79,088 | 5.8757 GBP | ||||
32 17/19p ordinary | Sale | 64,831 | 5.8727 GBP | ||||
32 17/19p ordinary | Sale | 52,981 | 5.8738 GBP | ||||
32 17/19p ordinary | Sale | 48,667 | 5.8708 GBP | ||||
32 17/19p ordinary | Sale | 40,915 | 5.8673 GBP | ||||
32 17/19p ordinary | Sale | 39,830 | 5.8751 GBP | ||||
32 17/19p ordinary | Sale | 25,245 | 5.8853 GBP | ||||
ADR | Sale | 24,458 | 15.7175 USD | ||||
32 17/19p ordinary | Sale | 23,062 | 5.8716 GBP | ||||
32 17/19p ordinary | Sale | 21,919 | 5.8691 GBP | ||||
32 17/19p ordinary | Sale | 20,026 | 5.8741 GBP | ||||
32 17/19p ordinary | Sale | 19,700 | 5.8687 GBP | ||||
32 17/19p ordinary | Sale | 14,988 | 5.8784 GBP | ||||
32 17/19p ordinary | Sale | 13,424 | 5.8723 GBP | ||||
32 17/19p ordinary | Sale | 13,030 | 5.8775 GBP | ||||
32 17/19p ordinary | Sale | 12,669 | 5.8726 GBP | ||||
32 17/19p ordinary | Sale | 12,159 | 5.8820 GBP | ||||
32 17/19p ordinary | Sale | 11,482 | 5.8891 GBP | ||||
32 17/19p ordinary | Sale | 10,723 | 5.8713 GBP | ||||
32 17/19p ordinary | Sale | 9,782 | 5.8625 GBP | ||||
32 17/19p ordinary | Sale | 8,993 | 5.8712 GBP | ||||
32 17/19p ordinary | Sale | 8,921 | 5.8754 GBP | ||||
32 17/19p ordinary | Sale | 7,909 | 5.8553 GBP | ||||
32 17/19p ordinary | Sale | 4,731 | 5.8700 GBP | ||||
32 17/19p ordinary | Sale | 4,411 | 5.8768 GBP | ||||
32 17/19p ordinary | Sale | 3,845 | 5.8728 GBP | ||||
32 17/19p ordinary | Sale | 3,667 | 5.8540 GBP | ||||
32 17/19p ordinary | Sale | 3,352 | 5.8655 GBP | ||||
32 17/19p ordinary | Sale | 3,135 | 5.8810 GBP | ||||
32 17/19p ordinary | Sale | 2,739 | 5.8696 GBP | ||||
32 17/19p ordinary | Sale | 2,665 | 5.8704 GBP | ||||
32 17/19p ordinary | Sale | 2,481 | 5.8888 GBP | ||||
32 17/19p ordinary | Sale | 2,237 | 5.8744 GBP | ||||
32 17/19p ordinary | Sale | 1,968 | 5.8718 GBP | ||||
32 17/19p ordinary | Sale | 1,917 | 5.8570 GBP | ||||
32 17/19p ordinary | Sale | 1,905 | 5.8721 GBP | ||||
32 17/19p ordinary | Sale | 1,538 | 5.8851 GBP | ||||
32 17/19p ordinary | Sale | 1,493 | 5.8836 GBP | ||||
32 17/19p ordinary | Sale | 1,221 | 5.8670 GBP | ||||
32 17/19p ordinary | Sale | 1,028 | 5.8800 GBP | ||||
32 17/19p ordinary | Sale | 708 | 5.8680 GBP | ||||
ADR | Sale | 680 | 15.6600 USD | ||||
32 17/19p ordinary | Sale | 642 | 5.8530 GBP | ||||
32 17/19p ordinary | Sale | 629 | 5.8640 GBP | ||||
32 17/19p ordinary | Sale | 587 | 5.8747 GBP | ||||
32 17/19p ordinary | Sale | 481 | 5.8947 GBP | ||||
32 17/19p ordinary | Sale | 481 | 5.8740 GBP | ||||
32 17/19p ordinary | Sale | 384 | 5.8817 GBP | ||||
32 17/19p ordinary | Sale | 276 | 5.8730 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 Long | 16,155 | 5.8764 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,909 | 5.8553 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 35,628 | 5.8561 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,753 | 5.8570 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,352 | 5.8655 GBP | |||
32 17/19p ordinary | SWAP | Opening Long | 749,695 | 5.8688 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 12,669 | 5.8726 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 64,831 | 5.8727 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 210,890 | 5.8732 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 52,981 | 5.8738 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 123,638 | 5.8741 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 39,830 | 5.8751 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 8,921 | 5.8754 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 79,088 | 5.8757 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 156,108 | 5.8880 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 255,128 | 5.8884 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 197,783 | 5.8887 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,481 | 5.8888 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,482 | 5.8891 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 154,580 | 5.8893 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 302,987 | 5.8896 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 579,267 | 5.8899 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 264,772 | 5.8900 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 68 | 5.8901 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 21,742 | 5.8600 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 221,102 | 5.8660 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 20,300 | 5.8676 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,468 | 5.8678 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,533 | 5.8686 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 41,516 | 5.8700 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 24,649 | 5.8703 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 26,778 | 5.8723 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,059 | 5.8727 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,326 | 5.8729 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 32,527 | 5.8739 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 382,893 | 5.8750 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 4,215 | 5.8757 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,737 | 5.8758 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 327 | 5.8760 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,412 | 5.8770 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 30,443 | 5.8799 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 544 | 5.8867 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 84,032 | 5.8889 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,926 | 5.8900 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 174,390 | 5.8902 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 301 | 5.8908 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,600 | 5.8705 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,900 | 5.8900 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 5,802 | 5.8719 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 4,540 | 5.8834 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,372 | 5.8895 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,372 | 5.8684 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 15,769 | 5.8721 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 14,737 | 5.8723 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: | 05 Jun 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 | Call Options | Written | -120,786 | 5.3305 | European |
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32 17/19p ordinary | Call Options | Written | -104,577 | 5.3176 | European |
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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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