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Form 8.3 AVIVA PLC

27th Mar 2025 14:54

RNS Number : 5601C
Barclays PLC
27 March 2025
 

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

 

 

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

 

 

offeror/offeree, state this and specify identity of

 

offeror/offeree:

(e)

Date position held/dealing undertaken:

26 Mar 2025

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 

 

 

disclosures in respect of any other party to the offer?

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:

 

 

16,321,423

0.61%

15,345,944

0.57%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

14,375,257

0.54%

10,829,038

0.40%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,360

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

30,696,680

1.15%

26,400,342

0.99%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

32 17/19p ordinary

Purchase

637,988

5.6241 GBP

32 17/19p ordinary

Purchase

316,994

5.6040 GBP

32 17/19p ordinary

Purchase

189,118

5.6043 GBP

32 17/19p ordinary

Purchase

124,534

5.6036 GBP

32 17/19p ordinary

Purchase

103,459

5.6042 GBP

32 17/19p ordinary

Purchase

96,599

5.6191 GBP

32 17/19p ordinary

Purchase

69,338

5.6059 GBP

32 17/19p ordinary

Purchase

65,585

5.6171 GBP

32 17/19p ordinary

Purchase

46,264

5.6185 GBP

32 17/19p ordinary

Purchase

39,760

5.6267 GBP

32 17/19p ordinary

Purchase

28,577

5.6128 GBP

32 17/19p ordinary

Purchase

25,619

5.6141 GBP

32 17/19p ordinary

Purchase

19,767

5.6142 GBP

32 17/19p ordinary

Purchase

16,884

5.6195 GBP

32 17/19p ordinary

Purchase

14,388

5.6049 GBP

32 17/19p ordinary

Purchase

12,740

5.6223 GBP

32 17/19p ordinary

Purchase

12,176

5.6140 GBP

32 17/19p ordinary

Purchase

11,818

5.6200 GBP

32 17/19p ordinary

Purchase

10,745

5.6192 GBP

32 17/19p ordinary

Purchase

9,572

5.6150 GBP

32 17/19p ordinary

Purchase

9,553

5.6131 GBP

32 17/19p ordinary

Purchase

8,950

5.6312 GBP

32 17/19p ordinary

Purchase

7,308

5.6270 GBP

32 17/19p ordinary

Purchase

6,685

5.6253 GBP

32 17/19p ordinary

Purchase

6,188

5.6339 GBP

32 17/19p ordinary

Purchase

5,838

5.6177 GBP

32 17/19p ordinary

Purchase

5,744

5.6162 GBP

32 17/19p ordinary

Purchase

4,785

5.6219 GBP

32 17/19p ordinary

Purchase

3,963

5.6027 GBP

32 17/19p ordinary

Purchase

3,191

5.6274 GBP

ADR

Purchase

2,600

14.5323 USD

32 17/19p ordinary

Purchase

2,405

5.6323 GBP

32 17/19p ordinary

Purchase

2,334

5.6201 GBP

32 17/19p ordinary

Purchase

2,285

5.6203 GBP

32 17/19p ordinary

Purchase

2,019

5.6236 GBP

32 17/19p ordinary

Purchase

2,018

5.6257 GBP

32 17/19p ordinary

Purchase

2,006

5.6227 GBP

32 17/19p ordinary

Purchase

1,951

5.6340 GBP

32 17/19p ordinary

Purchase

1,923

5.6176 GBP

32 17/19p ordinary

Purchase

1,393

5.6119 GBP

32 17/19p ordinary

Purchase

1,388

5.6158 GBP

32 17/19p ordinary

Purchase

1,348

5.6300 GBP

32 17/19p ordinary

Purchase

1,070

5.6260 GBP

32 17/19p ordinary

Purchase

1,031

5.6238 GBP

32 17/19p ordinary

Purchase

968

5.6360 GBP

32 17/19p ordinary

Purchase

627

5.6080 GBP

32 17/19p ordinary

Purchase

616

5.6100 GBP

32 17/19p ordinary

Purchase

579

5.6370 GBP

32 17/19p ordinary

Purchase

511

5.6320 GBP

32 17/19p ordinary

Purchase

507

5.6380 GBP

32 17/19p ordinary

Purchase

389

5.6240 GBP

32 17/19p ordinary

Purchase

370

5.6030 GBP

32 17/19p ordinary

Purchase

348

5.6175 GBP

32 17/19p ordinary

Purchase

114

5.6280 GBP

32 17/19p ordinary

Purchase

56

5.6400 GBP

32 17/19p ordinary

Purchase

30

5.6060 GBP

32 17/19p ordinary

Purchase

26

5.6460 GBP

32 17/19p ordinary

Purchase

23

5.6373 GBP

32 17/19p ordinary

Purchase

15

5.6420 GBP

32 17/19p ordinary

Sale

482,621

5.6085 GBP

32 17/19p ordinary

Sale

129,411

5.6222 GBP

32 17/19p ordinary

Sale

84,454

5.6146 GBP

32 17/19p ordinary

Sale

82,303

5.6040 GBP

32 17/19p ordinary

Sale

41,452

5.6127 GBP

32 17/19p ordinary

Sale

39,250

5.6212 GBP

32 17/19p ordinary

Sale

35,023

5.6358 GBP

32 17/19p ordinary

Sale

32,731

5.6191 GBP

32 17/19p ordinary

Sale

25,707

5.6352 GBP

32 17/19p ordinary

Sale

21,437

5.6290 GBP

32 17/19p ordinary

Sale

21,168

5.6210 GBP

32 17/19p ordinary

Sale

20,924

5.6207 GBP

32 17/19p ordinary

Sale

20,523

5.6235 GBP

32 17/19p ordinary

Sale

19,576

5.6153 GBP

32 17/19p ordinary

Sale

18,680

5.6225 GBP

32 17/19p ordinary

Sale

18,514

5.6140 GBP

32 17/19p ordinary

Sale

16,458

5.6183 GBP

32 17/19p ordinary

Sale

14,848

5.6186 GBP

32 17/19p ordinary

Sale

14,231

5.6286 GBP

32 17/19p ordinary

Sale

12,871

5.6173 GBP

32 17/19p ordinary

Sale

10,189

5.6028 GBP

32 17/19p ordinary

Sale

8,631

5.6367 GBP

32 17/19p ordinary

Sale

7,509

5.6053 GBP

32 17/19p ordinary

Sale

7,464

5.6156 GBP

32 17/19p ordinary

Sale

6,747

5.6220 GBP

32 17/19p ordinary

Sale

4,987

5.6242 GBP

32 17/19p ordinary

Sale

4,831

5.6236 GBP

32 17/19p ordinary

Sale

4,705

5.6329 GBP

32 17/19p ordinary

Sale

4,557

5.6180 GBP

32 17/19p ordinary

Sale

3,933

5.6196 GBP

32 17/19p ordinary

Sale

3,856

5.6100 GBP

32 17/19p ordinary

Sale

3,717

5.6278 GBP

32 17/19p ordinary

Sale

3,685

5.6296 GBP

32 17/19p ordinary

Sale

3,548

5.6129 GBP

32 17/19p ordinary

Sale

3,136

5.6037 GBP

32 17/19p ordinary

Sale

3,126

5.6158 GBP

ADR

Sale

2,600

14.5323 USD

32 17/19p ordinary

Sale

2,586

5.6234 GBP

32 17/19p ordinary

Sale

2,238

5.6010 GBP

32 17/19p ordinary

Sale

2,105

5.6288 GBP

32 17/19p ordinary

Sale

1,888

5.6300 GBP

32 17/19p ordinary

Sale

1,414

5.6277 GBP

32 17/19p ordinary

Sale

1,254

5.6080 GBP

32 17/19p ordinary

Sale

997

5.6310 GBP

32 17/19p ordinary

Sale

968

5.6360 GBP

32 17/19p ordinary

Sale

909

5.6079 GBP

32 17/19p ordinary

Sale

737

5.6200 GBP

32 17/19p ordinary

Sale

610

5.6280 GBP

32 17/19p ordinary

Sale

579

5.6260 GBP

32 17/19p ordinary

Sale

507

5.6380 GBP

32 17/19p ordinary

Sale

309

5.6270 GBP

32 17/19p ordinary

Sale

135

5.6020 GBP

32 17/19p ordinary

Sale

30

5.6060 GBP

32 17/19p ordinary

Sale

26

5.6460 GBP

32 17/19p ordinary

Sale

15

5.6420 GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

32 17/19p ordinary

SWAP

Decreasing Long

30,146

5.6154 GBP

32 17/19p ordinary

SWAP

Decreasing Short

783

5.6000 GBP

32 17/19p ordinary

SWAP

Decreasing Short

10,189

5.6028 GBP

32 17/19p ordinary

SWAP

Decreasing Short

18,046

5.6036 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,136

5.6037 GBP

32 17/19p ordinary

SWAP

Decreasing Short

214,371

5.6040 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,508

5.6044 GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,509

5.6053 GBP

32 17/19p ordinary

SWAP

Decreasing Short

765

5.6060 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,381

5.6130 GBP

32 17/19p ordinary

SWAP

Decreasing Short

84,454

5.6146 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,126

5.6158 GBP

32 17/19p ordinary

SWAP

Decreasing Short

16,458

5.6183 GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,924

5.6207 GBP

32 17/19p ordinary

SWAP

Decreasing Short

117,408

5.6214 GBP

32 17/19p ordinary

SWAP

Decreasing Short

129,411

5.6222 GBP

32 17/19p ordinary

SWAP

Decreasing Short

33,107

5.6226 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,831

5.6236 GBP

32 17/19p ordinary

SWAP

Decreasing Short

206

5.6242 GBP

32 17/19p ordinary

SWAP

Decreasing Short

314

5.6243 GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,359

5.6246 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,414

5.6277 GBP

32 17/19p ordinary

SWAP

Decreasing Short

496

5.6279 GBP

32 17/19p ordinary

SWAP

Decreasing Short

14,231

5.6286 GBP

32 17/19p ordinary

SWAP

Decreasing Short

21,437

5.6290 GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,707

5.6352 GBP

32 17/19p ordinary

SWAP

Decreasing Short

35,023

5.6358 GBP

32 17/19p ordinary

SWAP

Increasing Short

267,872

5.6040 GBP

32 17/19p ordinary

SWAP

Increasing Short

159,679

5.6042 GBP

32 17/19p ordinary

SWAP

Increasing Short

21,011

5.6052 GBP

32 17/19p ordinary

SWAP

Increasing Short

39,426

5.6072 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,393

5.6119 GBP

32 17/19p ordinary

SWAP

Increasing Short

25,619

5.6141 GBP

32 17/19p ordinary

SWAP

Increasing Short

19,767

5.6142 GBP

32 17/19p ordinary

SWAP

Increasing Short

5,249

5.6157 GBP

32 17/19p ordinary

SWAP

Increasing Short

9,354

5.6165 GBP

32 17/19p ordinary

SWAP

Increasing Short

46,264

5.6185 GBP

32 17/19p ordinary

SWAP

Increasing Short

96,599

5.6191 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,262

5.6211 GBP

32 17/19p ordinary

SWAP

Increasing Short

637,988

5.6241 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,685

5.6253 GBP

32 17/19p ordinary

SWAP

Increasing Short

598

5.6260 GBP

32 17/19p ordinary

SWAP

Increasing Short

10

5.6320 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,188

5.6339 GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,500

5.6040 GBP

32 17/19p ordinary

CFD

Increasing Long

1,270

5.5996 GBP

32 17/19p ordinary

CFD

Increasing Long

3,597

5.6104 GBP

32 17/19p ordinary

CFD

Increasing Long

45,600

5.6127 GBP

32 17/19p ordinary

CFD

Increasing Long

30,247

5.6222 GBP

32 17/19p ordinary

CFD

Decreasing Long

98

5.6004 GBP

32 17/19p ordinary

CFD

Decreasing Long

1,270

5.6043 GBP

32 17/19p ordinary

CFD

Decreasing Long

36,789

5.6044 GBP

32 17/19p ordinary

CFD

Decreasing Long

36,390

5.6196 GBP

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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 exempt principal trader 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:

27 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

 

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

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,574

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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END
 
 
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