27th Mar 2025 14:54
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: | 26 Mar 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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| 16,321,423 | 0.61% | 15,345,944 | 0.57% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,375,257 | 0.54% | 10,829,038 | 0.40% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,360 | 0.01% |
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| TOTAL: |
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| 30,696,680 | 1.15% | 26,400,342 | 0.99% |
(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 | 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 | ||||
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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 | 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 | |||
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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: | 27 Mar 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 | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,574 | 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:
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