13th Feb 2025 16:28
FORM 8.3 - Amendment to 2a, 3a and 3bReplaces form Released at 10/02/2025 15:19 RNS Number : 5699W | |||||||
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: |
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(e) | Date position held/dealing undertaken: | 07 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: | 25,234,724 | 0.94% | 26,175,469 | 0.97% | |||
(2) Cash-settled derivatives: | 8,181,345 | 0.31% | 19,156,208 | 0.72% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 20,000 | 0.00% | 486,676 | 0.02% | |||
TOTAL: | 33,436,069 | 1.24% | 45,818,353 | 1.71% | |||
(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 | 770,353 | 5.1240 GBP | ||||
32 17/19p ordinary | Purchase | 167,545 | 5.1208 GBP | ||||
32 17/19p ordinary | Purchase | 139,279 | 5.1102 GBP | ||||
32 17/19p ordinary | Purchase | 120,053 | 5.1084 GBP | ||||
32 17/19p ordinary | Purchase | 68,088 | 5.1060 GBP | ||||
32 17/19p ordinary | Purchase | 58,633 | 5.1220 GBP | ||||
32 17/19p ordinary | Purchase | 53,398 | 5.1235 GBP | ||||
32 17/19p ordinary | Purchase | 43,829 | 5.1065 GBP | ||||
32 17/19p ordinary | Purchase | 41,102 | 5.1243 GBP | ||||
32 17/19p ordinary | Purchase | 40,010 | 5.1117 GBP | ||||
32 17/19p ordinary | Purchase | 30,975 | 5.1026 GBP | ||||
32 17/19p ordinary | Purchase | 30,464 | 5.1259 GBP | ||||
32 17/19p ordinary | Purchase | 28,422 | 5.1129 GBP | ||||
32 17/19p ordinary | Purchase | 28,030 | 5.1190 GBP | ||||
32 17/19p ordinary | Purchase | 25,002 | 5.1052 GBP | ||||
32 17/19p ordinary | Purchase | 19,153 | 5.1384 GBP | ||||
32 17/19p ordinary | Purchase | 13,332 | 5.1100 GBP | ||||
32 17/19p ordinary | Purchase | 13,050 | 5.1142 GBP | ||||
32 17/19p ordinary | Purchase | 10,955 | 5.1066 GBP | ||||
32 17/19p ordinary | Purchase | 8,683 | 5.0860 GBP | ||||
32 17/19p ordinary | Purchase | 8,247 | 5.1040 GBP | ||||
32 17/19p ordinary | Purchase | 6,344 | 5.1120 GBP | ||||
32 17/19p ordinary | Purchase | 6,053 | 5.1486 GBP | ||||
32 17/19p ordinary | Purchase | 5,643 | 5.1020 GBP | ||||
32 17/19p ordinary | Purchase | 5,637 | 5.1452 GBP | ||||
32 17/19p ordinary | Purchase | 3,875 | 5.1123 GBP | ||||
ADR | Purchase | 3,600 | 12.8133 USD | ||||
32 17/19p ordinary | Purchase | 3,567 | 5.1180 GBP | ||||
32 17/19p ordinary | Purchase | 3,084 | 5.0940 GBP | ||||
32 17/19p ordinary | Purchase | 2,928 | 5.1140 GBP | ||||
32 17/19p ordinary | Purchase | 2,418 | 5.1080 GBP | ||||
32 17/19p ordinary | Purchase | 2,184 | 5.0980 GBP | ||||
32 17/19p ordinary | Purchase | 2,147 | 5.0900 GBP | ||||
32 17/19p ordinary | Purchase | 1,776 | 5.0820 GBP | ||||
32 17/19p ordinary | Purchase | 1,666 | 5.1380 GBP | ||||
32 17/19p ordinary | Purchase | 1,537 | 5.0870 GBP | ||||
32 17/19p ordinary | Purchase | 1,125 | 5.0899 GBP | ||||
32 17/19p ordinary | Purchase | 1,110 | 5.0920 GBP | ||||
32 17/19p ordinary | Purchase | 1,042 | 5.1211 GBP | ||||
32 17/19p ordinary | Purchase | 1,041 | 5.0960 GBP | ||||
32 17/19p ordinary | Purchase | 1,021 | 5.1200 GBP | ||||
32 17/19p ordinary | Purchase | 643 | 5.1322 GBP | ||||
32 17/19p ordinary | Purchase | 455 | 5.1000 GBP | ||||
32 17/19p ordinary | Purchase | 355 | 5.1260 GBP | ||||
32 17/19p ordinary | Purchase | 282 | 5.1320 GBP | ||||
32 17/19p ordinary | Purchase | 258 | 5.0918 GBP | ||||
ADR | Purchase | 200 | 12.8300 USD | ||||
32 17/19p ordinary | Purchase | 134 | 5.1400 GBP | ||||
32 17/19p ordinary | Purchase | 79 | 5.1370 GBP | ||||
32 17/19p ordinary | Sale | 415,221 | 5.1240 GBP | ||||
32 17/19p ordinary | Sale | 211,725 | 5.1222 GBP | ||||
32 17/19p ordinary | Sale | 206,994 | 5.1247 GBP | ||||
32 17/19p ordinary | Sale | 122,426 | 5.1042 GBP | ||||
32 17/19p ordinary | Sale | 87,069 | 5.1177 GBP | ||||
32 17/19p ordinary | Sale | 79,159 | 5.0947 GBP | ||||
32 17/19p ordinary | Sale | 60,259 | 5.1237 GBP | ||||
32 17/19p ordinary | Sale | 60,116 | 5.1143 GBP | ||||
32 17/19p ordinary | Sale | 59,723 | 5.1055 GBP | ||||
32 17/19p ordinary | Sale | 54,073 | 5.1123 GBP | ||||
32 17/19p ordinary | Sale | 53,574 | 5.1164 GBP | ||||
32 17/19p ordinary | Sale | 44,612 | 5.1188 GBP | ||||
32 17/19p ordinary | Sale | 41,201 | 5.1001 GBP | ||||
32 17/19p ordinary | Sale | 35,589 | 5.1207 GBP | ||||
32 17/19p ordinary | Sale | 32,437 | 5.1202 GBP | ||||
32 17/19p ordinary | Sale | 30,558 | 5.1259 GBP | ||||
32 17/19p ordinary | Sale | 28,858 | 5.1132 GBP | ||||
32 17/19p ordinary | Sale | 25,900 | 5.1185 GBP | ||||
32 17/19p ordinary | Sale | 23,087 | 5.1010 GBP | ||||
32 17/19p ordinary | Sale | 21,797 | 5.1066 GBP | ||||
32 17/19p ordinary | Sale | 20,203 | 5.1261 GBP | ||||
32 17/19p ordinary | Sale | 16,132 | 5.1149 GBP | ||||
32 17/19p ordinary | Sale | 16,020 | 5.1060 GBP | ||||
32 17/19p ordinary | Sale | 13,561 | 5.1100 GBP | ||||
32 17/19p ordinary | Sale | 12,424 | 5.1032 GBP | ||||
32 17/19p ordinary | Sale | 11,660 | 5.1186 GBP | ||||
32 17/19p ordinary | Sale | 11,227 | 5.1215 GBP | ||||
32 17/19p ordinary | Sale | 10,280 | 5.1035 GBP | ||||
32 17/19p ordinary | Sale | 9,435 | 5.1040 GBP | ||||
32 17/19p ordinary | Sale | 9,316 | 5.1120 GBP | ||||
32 17/19p ordinary | Sale | 7,606 | 5.1140 GBP | ||||
32 17/19p ordinary | Sale | 7,121 | 5.1395 GBP | ||||
32 17/19p ordinary | Sale | 6,999 | 5.0860 GBP | ||||
32 17/19p ordinary | Sale | 6,688 | 5.1148 GBP | ||||
32 17/19p ordinary | Sale | 6,383 | 5.1276 GBP | ||||
32 17/19p ordinary | Sale | 6,289 | 5.1241 GBP | ||||
32 17/19p ordinary | Sale | 6,250 | 5.0991 GBP | ||||
32 17/19p ordinary | Sale | 5,791 | 5.0940 GBP | ||||
32 17/19p ordinary | Sale | 5,668 | 5.1061 GBP | ||||
32 17/19p ordinary | Sale | 5,643 | 5.1020 GBP | ||||
32 17/19p ordinary | Sale | 5,026 | 5.1155 GBP | ||||
32 17/19p ordinary | Sale | 4,995 | 5.1138 GBP | ||||
32 17/19p ordinary | Sale | 4,439 | 5.1153 GBP | ||||
32 17/19p ordinary | Sale | 4,399 | 5.0840 GBP | ||||
32 17/19p ordinary | Sale | 4,324 | 5.1380 GBP | ||||
32 17/19p ordinary | Sale | 4,000 | 5.1220 GBP | ||||
32 17/19p ordinary | Sale | 3,741 | 5.1050 GBP | ||||
32 17/19p ordinary | Sale | 3,632 | 5.0972 GBP | ||||
ADR | Sale | 3,600 | 12.8133 USD | ||||
32 17/19p ordinary | Sale | 3,567 | 5.1180 GBP | ||||
32 17/19p ordinary | Sale | 3,010 | 5.1106 GBP | ||||
32 17/19p ordinary | Sale | 2,713 | 5.1109 GBP | ||||
32 17/19p ordinary | Sale | 2,701 | 5.1409 GBP | ||||
32 17/19p ordinary | Sale | 2,418 | 5.1080 GBP | ||||
32 17/19p ordinary | Sale | 2,377 | 5.1102 GBP | ||||
32 17/19p ordinary | Sale | 2,316 | 5.1239 GBP | ||||
32 17/19p ordinary | Sale | 2,184 | 5.0980 GBP | ||||
32 17/19p ordinary | Sale | 2,147 | 5.0900 GBP | ||||
32 17/19p ordinary | Sale | 2,108 | 5.1013 GBP | ||||
32 17/19p ordinary | Sale | 1,977 | 5.1445 GBP | ||||
32 17/19p ordinary | Sale | 1,976 | 5.0820 GBP | ||||
32 17/19p ordinary | Sale | 1,569 | 5.1097 GBP | ||||
32 17/19p ordinary | Sale | 1,409 | 5.1125 GBP | ||||
32 17/19p ordinary | Sale | 1,344 | 5.1294 GBP | ||||
32 17/19p ordinary | Sale | 1,110 | 5.0920 GBP | ||||
32 17/19p ordinary | Sale | 1,041 | 5.0960 GBP | ||||
32 17/19p ordinary | Sale | 1,021 | 5.1200 GBP | ||||
32 17/19p ordinary | Sale | 994 | 5.1535 GBP | ||||
32 17/19p ordinary | Sale | 937 | 5.1160 GBP | ||||
32 17/19p ordinary | Sale | 896 | 5.1260 GBP | ||||
32 17/19p ordinary | Sale | 685 | 5.1116 GBP | ||||
32 17/19p ordinary | Sale | 606 | 5.0902 GBP | ||||
32 17/19p ordinary | Sale | 503 | 5.1420 GBP | ||||
32 17/19p ordinary | Sale | 455 | 5.1000 GBP | ||||
32 17/19p ordinary | Sale | 455 | 5.1235 GBP | ||||
32 17/19p ordinary | Sale | 282 | 5.1320 GBP | ||||
ADR | Sale | 200 | 12.8300 USD | ||||
32 17/19p ordinary | Sale | 135 | 5.0857 GBP | ||||
32 17/19p ordinary | Sale | 124 | 5.0973 GBP | ||||
32 17/19p ordinary | Sale | 102 | 5.1453 GBP | ||||
32 17/19p ordinary | Sale | 62 | 5.1499 GBP | ||||
32 17/19p ordinary | Sale | 11 | 5.1290 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 | 135 | 5.0856 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 79,159 | 5.0947 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,868 | 5.1003 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,442 | 5.1016 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,280 | 5.1035 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 122,426 | 5.1042 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,037 | 5.1049 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,668 | 5.1061 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 16,813 | 5.1085 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 777 | 5.1103 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,010 | 5.1106 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 685 | 5.1116 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 26,815 | 5.1132 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,995 | 5.1138 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,688 | 5.1148 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 457,297 | 5.1192 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 32,437 | 5.1202 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 455 | 5.1235 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 97,607 | 5.1237 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,316 | 5.1239 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 136,885 | 5.1240 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 31,115 | 5.1241 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 94 | 5.1259 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 20,203 | 5.1261 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,383 | 5.1276 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,344 | 5.1294 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,121 | 5.1395 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,977 | 5.1445 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 102 | 5.1453 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 62 | 5.1499 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,125 | 5.0899 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 514 | 5.0980 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,389 | 5.1021 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 81,547 | 5.1058 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 120,053 | 5.1084 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 57,865 | 5.1092 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,010 | 5.1117 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,096 | 5.1118 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 28,422 | 5.1129 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 58,614 | 5.1169 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 55,719 | 5.1184 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,399 | 5.1187 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,094 | 5.1192 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,566 | 5.1228 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 78,010 | 5.1230 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 53,398 | 5.1235 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 570,735 | 5.1240 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 55,878 | 5.1242 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 41,102 | 5.1243 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 643 | 5.1322 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 79 | 5.1371 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 134 | 5.1400 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,637 | 5.1452 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,611 | 5.1473 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,280 | 5.1495 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 162 | 5.1500 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,679 | 5.1057 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,741 | 5.1050 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,600 | 5.1056 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,913 | 5.1108 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 285 | 5.1120 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 57,974 | 5.1235 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,111 | 5.1236 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 140,805 | 5.1240 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 30,464 | 5.1259 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 200 | 5.1063 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 67,632 | 5.1114 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 54,633 | 5.1220 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 822 | 5.1263 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,111 | 5.1503 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 |
| |||||
Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 13 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 | 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 | -241,311 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,786 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,579 | 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 | |
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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