15th Apr 2025 14:51
FORM 8.3 | |||||||
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: | 14 Apr 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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| 13,102,709 | 0.49% | 18,389,362 | 0.69% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 17,355,066 | 0.65% | 10,887,606 | 0.41% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,277 | 0.01% |
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| TOTAL: |
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| 30,457,775 | 1.14% | 29,502,245 | 1.10% |
(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 | 319,163 | 5.1180 GBP | ||||
32 17/19p ordinary | Purchase | 302,718 | 5.0877 GBP | ||||
32 17/19p ordinary | Purchase | 274,194 | 5.1096 GBP | ||||
32 17/19p ordinary | Purchase | 212,531 | 5.0891 GBP | ||||
32 17/19p ordinary | Purchase | 203,094 | 5.0940 GBP | ||||
32 17/19p ordinary | Purchase | 168,066 | 5.1082 GBP | ||||
32 17/19p ordinary | Purchase | 135,836 | 5.1077 GBP | ||||
32 17/19p ordinary | Purchase | 102,370 | 5.1072 GBP | ||||
32 17/19p ordinary | Purchase | 62,646 | 5.1011 GBP | ||||
32 17/19p ordinary | Purchase | 60,000 | 5.0889 GBP | ||||
32 17/19p ordinary | Purchase | 37,454 | 5.1109 GBP | ||||
32 17/19p ordinary | Purchase | 34,814 | 5.0947 GBP | ||||
32 17/19p ordinary | Purchase | 33,510 | 5.0967 GBP | ||||
32 17/19p ordinary | Purchase | 30,974 | 5.1185 GBP | ||||
32 17/19p ordinary | Purchase | 26,837 | 5.1196 GBP | ||||
32 17/19p ordinary | Purchase | 25,922 | 5.1051 GBP | ||||
32 17/19p ordinary | Purchase | 17,732 | 5.0951 GBP | ||||
32 17/19p ordinary | Purchase | 15,100 | 5.1025 GBP | ||||
32 17/19p ordinary | Purchase | 12,628 | 5.1001 GBP | ||||
32 17/19p ordinary | Purchase | 9,809 | 5.0860 GBP | ||||
32 17/19p ordinary | Purchase | 9,222 | 5.0975 GBP | ||||
32 17/19p ordinary | Purchase | 9,075 | 5.1070 GBP | ||||
ADR | Purchase | 6,500 | 13.5834 USD | ||||
32 17/19p ordinary | Purchase | 5,803 | 5.0943 GBP | ||||
32 17/19p ordinary | Purchase | 4,868 | 5.1065 GBP | ||||
32 17/19p ordinary | Purchase | 4,477 | 5.0893 GBP | ||||
32 17/19p ordinary | Purchase | 3,829 | 5.0957 GBP | ||||
32 17/19p ordinary | Purchase | 3,480 | 5.0995 GBP | ||||
32 17/19p ordinary | Purchase | 3,436 | 5.1076 GBP | ||||
32 17/19p ordinary | Purchase | 3,253 | 5.0760 GBP | ||||
32 17/19p ordinary | Purchase | 2,938 | 5.0901 GBP | ||||
32 17/19p ordinary | Purchase | 2,886 | 5.1151 GBP | ||||
32 17/19p ordinary | Purchase | 2,590 | 5.1200 GBP | ||||
32 17/19p ordinary | Purchase | 2,340 | 5.0936 GBP | ||||
32 17/19p ordinary | Purchase | 1,997 | 5.1360 GBP | ||||
32 17/19p ordinary | Purchase | 1,763 | 5.1163 GBP | ||||
32 17/19p ordinary | Purchase | 1,748 | 5.1075 GBP | ||||
32 17/19p ordinary | Purchase | 1,283 | 5.1150 GBP | ||||
32 17/19p ordinary | Purchase | 1,243 | 5.0873 GBP | ||||
32 17/19p ordinary | Purchase | 905 | 5.1320 GBP | ||||
32 17/19p ordinary | Purchase | 773 | 5.1022 GBP | ||||
32 17/19p ordinary | Purchase | 766 | 5.1300 GBP | ||||
32 17/19p ordinary | Purchase | 663 | 5.1100 GBP | ||||
32 17/19p ordinary | Purchase | 584 | 5.1140 GBP | ||||
32 17/19p ordinary | Purchase | 512 | 5.0700 GBP | ||||
32 17/19p ordinary | Purchase | 404 | 5.1167 GBP | ||||
32 17/19p ordinary | Purchase | 315 | 5.0960 GBP | ||||
32 17/19p ordinary | Purchase | 313 | 5.1120 GBP | ||||
32 17/19p ordinary | Purchase | 258 | 5.0640 GBP | ||||
32 17/19p ordinary | Purchase | 200 | 5.0980 GBP | ||||
32 17/19p ordinary | Purchase | 150 | 5.0900 GBP | ||||
32 17/19p ordinary | Purchase | 148 | 5.1220 GBP | ||||
ADR | Purchase | 88 | 13.7200 USD | ||||
32 17/19p ordinary | Purchase | 81 | 5.1110 GBP | ||||
32 17/19p ordinary | Sale | 211,684 | 5.1022 GBP | ||||
32 17/19p ordinary | Sale | 202,923 | 5.1156 GBP | ||||
32 17/19p ordinary | Sale | 185,792 | 5.1180 GBP | ||||
32 17/19p ordinary | Sale | 143,350 | 5.1074 GBP | ||||
32 17/19p ordinary | Sale | 83,526 | 5.0835 GBP | ||||
32 17/19p ordinary | Sale | 81,295 | 5.1045 GBP | ||||
32 17/19p ordinary | Sale | 72,735 | 5.0863 GBP | ||||
32 17/19p ordinary | Sale | 48,449 | 5.1077 GBP | ||||
32 17/19p ordinary | Sale | 43,005 | 5.0909 GBP | ||||
32 17/19p ordinary | Sale | 31,624 | 5.1044 GBP | ||||
32 17/19p ordinary | Sale | 26,868 | 5.0889 GBP | ||||
32 17/19p ordinary | Sale | 25,420 | 5.0987 GBP | ||||
32 17/19p ordinary | Sale | 17,639 | 5.0928 GBP | ||||
32 17/19p ordinary | Sale | 17,531 | 5.0970 GBP | ||||
32 17/19p ordinary | Sale | 14,669 | 5.1082 GBP | ||||
32 17/19p ordinary | Sale | 13,684 | 5.0878 GBP | ||||
32 17/19p ordinary | Sale | 11,806 | 5.0944 GBP | ||||
32 17/19p ordinary | Sale | 10,816 | 5.1188 GBP | ||||
32 17/19p ordinary | Sale | 10,226 | 5.1054 GBP | ||||
32 17/19p ordinary | Sale | 8,703 | 5.0892 GBP | ||||
32 17/19p ordinary | Sale | 8,295 | 5.0945 GBP | ||||
32 17/19p ordinary | Sale | 8,080 | 5.0893 GBP | ||||
32 17/19p ordinary | Sale | 7,790 | 5.0921 GBP | ||||
32 17/19p ordinary | Sale | 7,145 | 5.0908 GBP | ||||
ADR | Sale | 6,500 | 13.5834 USD | ||||
32 17/19p ordinary | Sale | 5,496 | 5.1040 GBP | ||||
32 17/19p ordinary | Sale | 4,673 | 5.0912 GBP | ||||
32 17/19p ordinary | Sale | 4,094 | 5.0711 GBP | ||||
32 17/19p ordinary | Sale | 3,635 | 5.1189 GBP | ||||
32 17/19p ordinary | Sale | 3,601 | 5.1159 GBP | ||||
32 17/19p ordinary | Sale | 3,567 | 5.0940 GBP | ||||
32 17/19p ordinary | Sale | 3,251 | 5.0760 GBP | ||||
32 17/19p ordinary | Sale | 3,174 | 5.0993 GBP | ||||
32 17/19p ordinary | Sale | 3,112 | 5.0890 GBP | ||||
32 17/19p ordinary | Sale | 3,026 | 5.1248 GBP | ||||
32 17/19p ordinary | Sale | 2,624 | 5.1130 GBP | ||||
32 17/19p ordinary | Sale | 2,590 | 5.1200 GBP | ||||
32 17/19p ordinary | Sale | 1,931 | 5.1134 GBP | ||||
32 17/19p ordinary | Sale | 1,344 | 5.0938 GBP | ||||
32 17/19p ordinary | Sale | 937 | 5.1173 GBP | ||||
32 17/19p ordinary | Sale | 905 | 5.1320 GBP | ||||
32 17/19p ordinary | Sale | 847 | 5.0860 GBP | ||||
32 17/19p ordinary | Sale | 766 | 5.1300 GBP | ||||
32 17/19p ordinary | Sale | 584 | 5.1140 GBP | ||||
32 17/19p ordinary | Sale | 373 | 5.1211 GBP | ||||
32 17/19p ordinary | Sale | 313 | 5.1120 GBP | ||||
32 17/19p ordinary | Sale | 258 | 5.0640 GBP | ||||
32 17/19p ordinary | Sale | 150 | 5.1124 GBP | ||||
32 17/19p ordinary | Sale | 148 | 5.1220 GBP | ||||
32 17/19p ordinary | Sale | 122 | 5.0960 GBP | ||||
ADR | Sale | 88 | 13.7200 USD | ||||
32 17/19p ordinary | Sale | 22 | 5.0820 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 | 270 | 5.0499 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,692 | 5.0789 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 232 | 5.0880 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 23,226 | 5.0882 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,005 | 5.0909 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 4,673 | 5.0912 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,420 | 5.0987 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 143,350 | 5.1074 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 48,449 | 5.1077 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 29,717 | 5.1123 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,074 | 5.1151 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 3,601 | 5.1159 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 169,666 | 5.1161 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 39 | 5.1169 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 103 | 5.1176 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 70,090 | 5.1177 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 194,805 | 5.1180 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 373 | 5.1211 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 100 | 5.0640 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 4,477 | 5.0893 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 199,392 | 5.0940 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,829 | 5.0957 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 40,715 | 5.0990 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,811 | 5.1015 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 54,662 | 5.1023 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 74,952 | 5.1049 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 16,120 | 5.1063 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,075 | 5.1070 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 135,836 | 5.1077 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,030 | 5.1090 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 274,194 | 5.1096 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 125,172 | 5.1098 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 23,529 | 5.1179 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 150,573 | 5.1180 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,837 | 5.1195 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,936 | 5.0974 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 172,100 | 5.1180 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 245 | 5.0497 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 10 | 5.1020 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 6,248 | 5.1082 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 3,768 | 5.1176 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 224 | 5.0751 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,251 | 5.0760 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 3,768 | 5.0763 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 148,376 | 5.1019 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 68,877 | 5.1040 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 33,763 | 5.1093 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 12,740 | 5.1180 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: | 15 Apr 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 | -120,796 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,481 | 5.3176 | European | 05 Jun 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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Related Shares:
BarclaysAviva 8 3/4% Pf