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Form 8.3 AVIVA PLC

19th Mar 2025 13:02

RNS Number : 3350B
Barclays PLC
19 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:

18 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:

 

 

15,219,966

0.57%

18,514,328

0.69%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

14,507,227

0.54%

8,763,751

0.33%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,364

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

29,727,193

1.11%

27,503,443

1.03%

(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

499,970

5.6040 GBP

32 17/19p ordinary

Purchase

230,759

5.5700 GBP

32 17/19p ordinary

Purchase

180,177

5.5780 GBP

32 17/19p ordinary

Purchase

173,519

5.5899 GBP

32 17/19p ordinary

Purchase

160,243

5.5821 GBP

32 17/19p ordinary

Purchase

157,319

5.6031 GBP

32 17/19p ordinary

Purchase

113,555

5.5849 GBP

32 17/19p ordinary

Purchase

109,731

5.6038 GBP

32 17/19p ordinary

Purchase

89,628

5.5914 GBP

32 17/19p ordinary

Purchase

77,318

5.5812 GBP

32 17/19p ordinary

Purchase

63,563

5.5940 GBP

32 17/19p ordinary

Purchase

54,635

5.5930 GBP

32 17/19p ordinary

Purchase

37,549

5.5807 GBP

32 17/19p ordinary

Purchase

36,901

5.5764 GBP

32 17/19p ordinary

Purchase

34,075

5.5895 GBP

32 17/19p ordinary

Purchase

31,371

5.5975 GBP

32 17/19p ordinary

Purchase

28,388

5.5873 GBP

32 17/19p ordinary

Purchase

24,875

5.5834 GBP

32 17/19p ordinary

Purchase

22,284

5.5801 GBP

32 17/19p ordinary

Purchase

12,211

5.5910 GBP

32 17/19p ordinary

Purchase

8,061

5.5881 GBP

32 17/19p ordinary

Purchase

7,618

5.5858 GBP

32 17/19p ordinary

Purchase

3,934

5.6000 GBP

32 17/19p ordinary

Purchase

3,897

5.5913 GBP

32 17/19p ordinary

Purchase

3,848

5.5840 GBP

32 17/19p ordinary

Purchase

3,828

5.5900 GBP

32 17/19p ordinary

Purchase

3,639

5.5880 GBP

32 17/19p ordinary

Purchase

3,549

5.5820 GBP

32 17/19p ordinary

Purchase

3,096

5.5855 GBP

32 17/19p ordinary

Purchase

2,348

5.5969 GBP

32 17/19p ordinary

Purchase

2,302

5.5730 GBP

32 17/19p ordinary

Purchase

2,000

5.5828 GBP

32 17/19p ordinary

Purchase

1,916

5.5836 GBP

32 17/19p ordinary

Purchase

1,764

5.5922 GBP

32 17/19p ordinary

Purchase

1,752

5.6028 GBP

32 17/19p ordinary

Purchase

1,611

5.5980 GBP

32 17/19p ordinary

Purchase

1,497

5.5892 GBP

32 17/19p ordinary

Purchase

1,485

5.5885 GBP

32 17/19p ordinary

Purchase

1,038

5.5909 GBP

32 17/19p ordinary

Purchase

974

5.5878 GBP

32 17/19p ordinary

Purchase

862

5.5844 GBP

32 17/19p ordinary

Purchase

818

5.6030 GBP

32 17/19p ordinary

Purchase

810

5.5733 GBP

32 17/19p ordinary

Purchase

713

5.5786 GBP

32 17/19p ordinary

Purchase

605

5.6020 GBP

32 17/19p ordinary

Purchase

555

5.6010 GBP

32 17/19p ordinary

Purchase

455

5.5993 GBP

32 17/19p ordinary

Purchase

245

5.5902 GBP

32 17/19p ordinary

Purchase

177

5.5920 GBP

32 17/19p ordinary

Sale

641,788

5.5829 GBP

32 17/19p ordinary

Sale

343,657

5.5825 GBP

32 17/19p ordinary

Sale

339,333

5.6014 GBP

32 17/19p ordinary

Sale

327,812

5.5830 GBP

32 17/19p ordinary

Sale

236,405

5.5885 GBP

32 17/19p ordinary

Sale

194,248

5.6040 GBP

32 17/19p ordinary

Sale

150,146

5.5902 GBP

32 17/19p ordinary

Sale

121,596

5.5926 GBP

32 17/19p ordinary

Sale

113,462

5.6037 GBP

32 17/19p ordinary

Sale

104,251

5.5852 GBP

32 17/19p ordinary

Sale

103,415

5.6026 GBP

32 17/19p ordinary

Sale

96,630

5.5784 GBP

32 17/19p ordinary

Sale

83,507

5.5827 GBP

32 17/19p ordinary

Sale

79,614

5.5826 GBP

32 17/19p ordinary

Sale

66,706

5.5832 GBP

32 17/19p ordinary

Sale

35,915

5.5814 GBP

32 17/19p ordinary

Sale

17,549

5.5916 GBP

32 17/19p ordinary

Sale

14,467

5.5887 GBP

32 17/19p ordinary

Sale

12,757

5.5878 GBP

32 17/19p ordinary

Sale

11,245

5.5953 GBP

32 17/19p ordinary

Sale

10,313

5.5725 GBP

32 17/19p ordinary

Sale

10,242

5.5942 GBP

32 17/19p ordinary

Sale

8,530

5.6036 GBP

32 17/19p ordinary

Sale

7,799

5.5936 GBP

32 17/19p ordinary

Sale

6,385

5.6000 GBP

32 17/19p ordinary

Sale

5,819

5.5793 GBP

32 17/19p ordinary

Sale

5,735

5.5820 GBP

32 17/19p ordinary

Sale

5,613

5.6029 GBP

32 17/19p ordinary

Sale

3,989

5.5932 GBP

32 17/19p ordinary

Sale

3,788

5.5900 GBP

32 17/19p ordinary

Sale

3,323

5.5773 GBP

32 17/19p ordinary

Sale

3,137

5.6008 GBP

32 17/19p ordinary

Sale

2,848

5.5745 GBP

32 17/19p ordinary

Sale

2,302

5.5730 GBP

32 17/19p ordinary

Sale

1,915

5.6020 GBP

32 17/19p ordinary

Sale

1,789

5.5805 GBP

32 17/19p ordinary

Sale

1,623

5.5785 GBP

32 17/19p ordinary

Sale

1,549

5.5840 GBP

32 17/19p ordinary

Sale

1,459

5.5940 GBP

32 17/19p ordinary

Sale

1,069

5.5980 GBP

32 17/19p ordinary

Sale

908

5.5813 GBP

32 17/19p ordinary

Sale

866

5.5880 GBP

32 17/19p ordinary

Sale

858

5.5756 GBP

32 17/19p ordinary

Sale

790

5.5674 GBP

32 17/19p ordinary

Sale

540

5.5834 GBP

32 17/19p ordinary

Sale

315

5.5819 GBP

32 17/19p ordinary

Sale

202

5.5699 GBP

32 17/19p ordinary

Sale

192

5.5920 GBP

32 17/19p ordinary

Sale

190

5.5780 GBP

32 17/19p ordinary

Sale

175

5.5781 GBP

32 17/19p ordinary

Sale

170

5.5960 GBP

32 17/19p ordinary

Sale

93

5.5740 GBP

32 17/19p ordinary

Sale

45

5.5720 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

37,927

5.5912 GBP

32 17/19p ordinary

SWAP

Decreasing Long

21,867

5.5913 GBP

32 17/19p ordinary

SWAP

Decreasing Short

790

5.5674 GBP

32 17/19p ordinary

SWAP

Decreasing Short

202

5.5699 GBP

32 17/19p ordinary

SWAP

Decreasing Short

858

5.5756 GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,323

5.5773 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5

5.5800 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,789

5.5805 GBP

32 17/19p ordinary

SWAP

Decreasing Short

908

5.5813 GBP

32 17/19p ordinary

SWAP

Decreasing Short

315

5.5819 GBP

32 17/19p ordinary

SWAP

Decreasing Short

325,760

5.5825 GBP

32 17/19p ordinary

SWAP

Decreasing Short

327,812

5.5830 GBP

32 17/19p ordinary

SWAP

Decreasing Short

47,168

5.5832 GBP

32 17/19p ordinary

SWAP

Decreasing Short

43,514

5.5849 GBP

32 17/19p ordinary

SWAP

Decreasing Short

104,251

5.5852 GBP

32 17/19p ordinary

SWAP

Decreasing Short

183

5.5859 GBP

32 17/19p ordinary

SWAP

Opening Long

25,070

5.5876 GBP

32 17/19p ordinary

SWAP

Increasing Long

236,405

5.5885 GBP

32 17/19p ordinary

SWAP

Increasing Long

109,573

5.5902 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,989

5.5932 GBP

32 17/19p ordinary

SWAP

Increasing Long

110,145

5.5963 GBP

32 17/19p ordinary

SWAP

Increasing Long

138

5.5965 GBP

32 17/19p ordinary

SWAP

Increasing Long

273

5.5969 GBP

32 17/19p ordinary

SWAP

Increasing Long

3,137

5.6008 GBP

32 17/19p ordinary

SWAP

Increasing Long

103,415

5.6026 GBP

32 17/19p ordinary

SWAP

Increasing Long

5,613

5.6029 GBP

32 17/19p ordinary

SWAP

Increasing Long

78,614

5.6034 GBP

32 17/19p ordinary

SWAP

Increasing Long

8,530

5.6036 GBP

32 17/19p ordinary

SWAP

Increasing Long

113,462

5.6037 GBP

32 17/19p ordinary

SWAP

Increasing Long

182,126

5.6040 GBP

32 17/19p ordinary

SWAP

Decreasing Long

229,758

5.5700 GBP

32 17/19p ordinary

SWAP

Decreasing Long

113

5.5731 GBP

32 17/19p ordinary

SWAP

Decreasing Long

36,901

5.5764 GBP

32 17/19p ordinary

SWAP

Decreasing Long

590

5.5780 GBP

32 17/19p ordinary

SWAP

Decreasing Long

37,549

5.5807 GBP

32 17/19p ordinary

SWAP

Decreasing Long

971

5.5808 GBP

32 17/19p ordinary

SWAP

Decreasing Long

77,318

5.5812 GBP

32 17/19p ordinary

SWAP

Decreasing Long

160,243

5.5821 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,916

5.5836 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,779

5.5837 GBP

32 17/19p ordinary

SWAP

Decreasing Long

28,388

5.5873 GBP

32 17/19p ordinary

SWAP

Decreasing Long

19,806

5.5876 GBP

32 17/19p ordinary

SWAP

Decreasing Long

8,061

5.5881 GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,485

5.5885 GBP

32 17/19p ordinary

SWAP

Decreasing Long

34,075

5.5895 GBP

32 17/19p ordinary

SWAP

Decreasing Long

40,997

5.5906 GBP

32 17/19p ordinary

SWAP

Decreasing Long

18,605

5.5909 GBP

32 17/19p ordinary

SWAP

Decreasing Long

42,518

5.5912 GBP

32 17/19p ordinary

SWAP

Decreasing Long

14,700

5.5922 GBP

32 17/19p ordinary

SWAP

Decreasing Long

54,635

5.5930 GBP

32 17/19p ordinary

SWAP

Decreasing Long

570

5.5947 GBP

32 17/19p ordinary

SWAP

Decreasing Long

30,819

5.5975 GBP

32 17/19p ordinary

SWAP

Decreasing Long

6,113

5.5980 GBP

32 17/19p ordinary

SWAP

Decreasing Long

35,007

5.5982 GBP

32 17/19p ordinary

SWAP

Opening Short

157,319

5.6031 GBP

32 17/19p ordinary

SWAP

Increasing Short

463,257

5.6040 GBP

32 17/19p ordinary

SWAP

Increasing Short

107,771

5.6042 GBP

32 17/19p ordinary

SWAP

Increasing Long

574

5.5733 GBP

32 17/19p ordinary

SWAP

Decreasing Long

13,500

5.6040 GBP

32 17/19p ordinary

CFD

Increasing Long

35,915

5.5814 GBP

32 17/19p ordinary

CFD

Increasing Long

734,533

5.5849 GBP

32 17/19p ordinary

CFD

Increasing Long

1,462

5.5974 GBP

32 17/19p ordinary

CFD

Increasing Long

3,006

5.6036 GBP

32 17/19p ordinary

CFD

Decreasing Long

3,006

5.5783 GBP

32 17/19p ordinary

CFD

Decreasing Long

581

5.5923 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:

19 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

-104,578

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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