31st Jan 2025 14:44
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: | 30 Jan 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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| 21,484,456 | 0.80% | 20,242,989 | 0.76% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 3,120,707 | 0.12% | 15,790,487 | 0.59% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 20,000 | 0.00% | 486,699 | 0.02% |
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| TOTAL: |
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| 24,625,163 | 0.92% | 36,520,175 | 1.36% |
(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 | 280,373 | 5.1350 GBP | ||||
32 17/19p ordinary | Purchase | 148,017 | 5.1360 GBP | ||||
32 17/19p ordinary | Purchase | 109,391 | 5.1460 GBP | ||||
32 17/19p ordinary | Purchase | 109,391 | 5.1479 GBP | ||||
32 17/19p ordinary | Purchase | 75,562 | 5.1332 GBP | ||||
32 17/19p ordinary | Purchase | 73,940 | 5.1333 GBP | ||||
32 17/19p ordinary | Purchase | 54,700 | 5.1440 GBP | ||||
32 17/19p ordinary | Purchase | 40,610 | 5.1320 GBP | ||||
32 17/19p ordinary | Purchase | 25,388 | 5.1362 GBP | ||||
32 17/19p ordinary | Purchase | 19,406 | 5.1213 GBP | ||||
32 17/19p ordinary | Purchase | 16,177 | 5.1327 GBP | ||||
32 17/19p ordinary | Purchase | 12,646 | 5.1315 GBP | ||||
32 17/19p ordinary | Purchase | 7,480 | 5.1372 GBP | ||||
32 17/19p ordinary | Purchase | 6,000 | 5.1228 GBP | ||||
32 17/19p ordinary | Purchase | 4,849 | 5.1373 GBP | ||||
32 17/19p ordinary | Purchase | 3,238 | 5.1160 GBP | ||||
32 17/19p ordinary | Purchase | 2,282 | 5.1246 GBP | ||||
32 17/19p ordinary | Purchase | 2,031 | 5.1334 GBP | ||||
32 17/19p ordinary | Purchase | 1,575 | 5.1254 GBP | ||||
32 17/19p ordinary | Purchase | 1,573 | 5.1379 GBP | ||||
32 17/19p ordinary | Purchase | 1,569 | 5.1200 GBP | ||||
32 17/19p ordinary | Purchase | 1,532 | 5.1337 GBP | ||||
32 17/19p ordinary | Purchase | 1,213 | 5.1220 GBP | ||||
ADR | Purchase | 1,200 | 12.9400 USD | ||||
32 17/19p ordinary | Purchase | 1,175 | 5.1198 GBP | ||||
32 17/19p ordinary | Purchase | 1,143 | 5.1364 GBP | ||||
32 17/19p ordinary | Purchase | 874 | 5.1321 GBP | ||||
32 17/19p ordinary | Purchase | 732 | 5.1148 GBP | ||||
32 17/19p ordinary | Purchase | 563 | 5.1420 GBP | ||||
32 17/19p ordinary | Purchase | 478 | 5.1410 GBP | ||||
ADR | Purchase | 410 | 12.9500 USD | ||||
32 17/19p ordinary | Purchase | 268 | 5.1376 GBP | ||||
32 17/19p ordinary | Purchase | 181 | 5.1323 GBP | ||||
32 17/19p ordinary | Purchase | 4 | 5.1240 GBP | ||||
32 17/19p ordinary | Purchase | 2 | 5.1400 GBP | ||||
32 17/19p ordinary | Sale | 107,319 | 5.1360 GBP | ||||
32 17/19p ordinary | Sale | 77,570 | 5.1328 GBP | ||||
32 17/19p ordinary | Sale | 55,774 | 5.1347 GBP | ||||
32 17/19p ordinary | Sale | 51,046 | 5.1358 GBP | ||||
32 17/19p ordinary | Sale | 40,000 | 5.1379 GBP | ||||
32 17/19p ordinary | Sale | 37,766 | 5.1352 GBP | ||||
32 17/19p ordinary | Sale | 34,173 | 5.1300 GBP | ||||
32 17/19p ordinary | Sale | 13,006 | 5.1340 GBP | ||||
32 17/19p ordinary | Sale | 7,411 | 5.1285 GBP | ||||
32 17/19p ordinary | Sale | 6,946 | 5.1399 GBP | ||||
32 17/19p ordinary | Sale | 5,564 | 5.1236 GBP | ||||
32 17/19p ordinary | Sale | 4,552 | 5.1298 GBP | ||||
32 17/19p ordinary | Sale | 2,800 | 5.1341 GBP | ||||
32 17/19p ordinary | Sale | 2,589 | 5.1279 GBP | ||||
32 17/19p ordinary | Sale | 1,561 | 5.1406 GBP | ||||
32 17/19p ordinary | Sale | 1,360 | 5.1140 GBP | ||||
32 17/19p ordinary | Sale | 1,213 | 5.1225 GBP | ||||
ADR | Sale | 1,200 | 12.9400 USD | ||||
32 17/19p ordinary | Sale | 931 | 5.1396 GBP | ||||
32 17/19p ordinary | Sale | 907 | 5.1411 GBP | ||||
32 17/19p ordinary | Sale | 833 | 5.1419 GBP | ||||
32 17/19p ordinary | Sale | 516 | 5.1260 GBP | ||||
32 17/19p ordinary | Sale | 467 | 5.1280 GBP | ||||
ADR | Sale | 410 | 12.9500 USD | ||||
32 17/19p ordinary | Sale | 366 | 5.1160 GBP | ||||
32 17/19p ordinary | Sale | 144 | 5.1410 GBP | ||||
32 17/19p ordinary | Sale | 119 | 5.1210 GBP | ||||
32 17/19p ordinary | Sale | 113 | 5.1200 GBP | ||||
32 17/19p ordinary | Sale | 5 | 5.1420 GBP | ||||
32 17/19p ordinary | Sale | 5 | 5.1440 GBP | ||||
32 17/19p ordinary | Sale | 2 | 5.1400 GBP | ||||
32 17/19p ordinary | Sale | 2 | 5.1240 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 | 274 | 5.1260 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 7,411 | 5.1285 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 473 | 5.1290 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 559 | 5.1309 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 1,490 | 5.1310 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,494 | 5.1340 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 8,129 | 5.1344 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 55,774 | 5.1347 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,441 | 5.1348 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 5,010 | 5.1352 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 43,958 | 5.1360 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 25,048 | 5.1363 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 6,946 | 5.1399 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 833 | 5.1419 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 416 | 5.1457 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,356 | 5.1187 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 937 | 5.1210 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,752 | 5.1243 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 2,282 | 5.1246 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 25,999 | 5.1301 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 12,646 | 5.1314 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 26,580 | 5.1328 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 73,940 | 5.1333 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,871 | 5.1344 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 904 | 5.1353 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 13,707 | 5.1354 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 85 | 5.1358 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 90,778 | 5.1359 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 117,998 | 5.1360 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 7,480 | 5.1372 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,902 | 5.1256 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 35,802 | 5.1300 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,200 | 5.1336 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 6,000 | 5.1228 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 410 | 5.1283 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 75,562 | 5.1332 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 5,816 | 5.1336 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,902 | 5.1363 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: | 31 Jan 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 | Put Options | Purchased | -10,000 | 456.4800 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Purchased | 10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Call Options | Written | -241,319 | 4.4050 | European | 06 May 2025 | |
32 17/19p ordinary | Call Options | Written | -120,797 | 5.3305 | European | 06 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -104,583 | 5.3176 | European | 05 Jun 2025 | |
32 17/19p ordinary | Call Options | Written | -10,000 | 557.9200 | American | 19 Dec 2025 | |
32 17/19p ordinary | Put Options | Written | 10,000 | 456.4800 | American | 19 Dec 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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