16th Jun 2025 15:03
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: | 13 Jun 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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| 8,820,398 | 0.33% | 14,768,532 | 0.55% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 13,909,688 | 0.52% | 7,720,001 | 0.29% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 22,730,086 | 0.85% | 22,488,533 | 0.84% |
(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 |
| securities |
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32 17/19p ordinary | Purchase | 625,750 | 6.0580 GBP | ||||
32 17/19p ordinary | Purchase | 171,905 | 6.0248 GBP | ||||
32 17/19p ordinary | Purchase | 160,488 | 6.0252 GBP | ||||
32 17/19p ordinary | Purchase | 144,889 | 6.0589 GBP | ||||
32 17/19p ordinary | Purchase | 111,918 | 6.0143 GBP | ||||
32 17/19p ordinary | Purchase | 109,079 | 6.0584 GBP | ||||
32 17/19p ordinary | Purchase | 106,830 | 6.0561 GBP | ||||
32 17/19p ordinary | Purchase | 94,000 | 6.0456 GBP | ||||
32 17/19p ordinary | Purchase | 78,008 | 6.0269 GBP | ||||
32 17/19p ordinary | Purchase | 73,339 | 6.0273 GBP | ||||
32 17/19p ordinary | Purchase | 65,885 | 6.0225 GBP | ||||
32 17/19p ordinary | Purchase | 55,872 | 6.0262 GBP | ||||
32 17/19p ordinary | Purchase | 53,951 | 6.0310 GBP | ||||
32 17/19p ordinary | Purchase | 34,912 | 6.0069 GBP | ||||
32 17/19p ordinary | Purchase | 30,152 | 6.0265 GBP | ||||
32 17/19p ordinary | Purchase | 27,325 | 6.0219 GBP | ||||
32 17/19p ordinary | Purchase | 26,424 | 6.0383 GBP | ||||
32 17/19p ordinary | Purchase | 20,962 | 6.0102 GBP | ||||
32 17/19p ordinary | Purchase | 19,905 | 6.0358 GBP | ||||
32 17/19p ordinary | Purchase | 19,000 | 6.0343 GBP | ||||
32 17/19p ordinary | Purchase | 17,742 | 6.0201 GBP | ||||
32 17/19p ordinary | Purchase | 17,523 | 6.0288 GBP | ||||
32 17/19p ordinary | Purchase | 12,014 | 6.0533 GBP | ||||
32 17/19p ordinary | Purchase | 10,599 | 6.0197 GBP | ||||
32 17/19p ordinary | Purchase | 9,176 | 6.0356 GBP | ||||
32 17/19p ordinary | Purchase | 8,968 | 6.0285 GBP | ||||
32 17/19p ordinary | Purchase | 8,892 | 6.0212 GBP | ||||
32 17/19p ordinary | Purchase | 8,464 | 6.0243 GBP | ||||
32 17/19p ordinary | Purchase | 7,918 | 6.0178 GBP | ||||
32 17/19p ordinary | Purchase | 7,647 | 6.0179 GBP | ||||
32 17/19p ordinary | Purchase | 7,376 | 6.0226 GBP | ||||
32 17/19p ordinary | Purchase | 5,533 | 6.0284 GBP | ||||
32 17/19p ordinary | Purchase | 5,434 | 6.0308 GBP | ||||
32 17/19p ordinary | Purchase | 5,374 | 6.0235 GBP | ||||
32 17/19p ordinary | Purchase | 4,323 | 6.0218 GBP | ||||
32 17/19p ordinary | Purchase | 3,540 | 6.0340 GBP | ||||
32 17/19p ordinary | Purchase | 2,978 | 6.0270 GBP | ||||
32 17/19p ordinary | Purchase | 2,458 | 6.0420 GBP | ||||
32 17/19p ordinary | Purchase | 2,006 | 6.0253 GBP | ||||
32 17/19p ordinary | Purchase | 1,724 | 6.0330 GBP | ||||
32 17/19p ordinary | Purchase | 1,547 | 6.0321 GBP | ||||
32 17/19p ordinary | Purchase | 1,545 | 6.0294 GBP | ||||
32 17/19p ordinary | Purchase | 1,358 | 6.0320 GBP | ||||
32 17/19p ordinary | Purchase | 1,357 | 6.0139 GBP | ||||
32 17/19p ordinary | Purchase | 1,241 | 6.0290 GBP | ||||
32 17/19p ordinary | Purchase | 1,156 | 6.0232 GBP | ||||
32 17/19p ordinary | Purchase | 1,000 | 6.0300 GBP | ||||
32 17/19p ordinary | Purchase | 936 | 6.0338 GBP | ||||
32 17/19p ordinary | Purchase | 864 | 6.0154 GBP | ||||
ADR | Purchase | 800 | 16.6400 USD | ||||
32 17/19p ordinary | Purchase | 706 | 6.0280 GBP | ||||
32 17/19p ordinary | Purchase | 536 | 6.0120 GBP | ||||
32 17/19p ordinary | Purchase | 496 | 6.0222 GBP | ||||
32 17/19p ordinary | Purchase | 475 | 6.0283 GBP | ||||
32 17/19p ordinary | Purchase | 473 | 6.0360 GBP | ||||
32 17/19p ordinary | Purchase | 275 | 6.0380 GBP | ||||
32 17/19p ordinary | Purchase | 266 | 6.0220 GBP | ||||
32 17/19p ordinary | Purchase | 164 | 6.0160 GBP | ||||
ADR | Purchase | 64 | 16.5400 USD | ||||
32 17/19p ordinary | Purchase | 36 | 6.0344 GBP | ||||
32 17/19p ordinary | Purchase | 30 | 6.0260 GBP | ||||
32 17/19p ordinary | Purchase | 10 | 6.0590 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 6.0180 GBP | ||||
32 17/19p ordinary | Sale | 239,140 | 6.0555 GBP | ||||
32 17/19p ordinary | Sale | 163,074 | 6.0127 GBP | ||||
32 17/19p ordinary | Sale | 113,964 | 6.0542 GBP | ||||
32 17/19p ordinary | Sale | 98,524 | 6.0191 GBP | ||||
32 17/19p ordinary | Sale | 84,325 | 6.0284 GBP | ||||
32 17/19p ordinary | Sale | 71,746 | 6.0502 GBP | ||||
32 17/19p ordinary | Sale | 70,067 | 6.0240 GBP | ||||
32 17/19p ordinary | Sale | 44,224 | 6.0254 GBP | ||||
32 17/19p ordinary | Sale | 24,222 | 6.0580 GBP | ||||
32 17/19p ordinary | Sale | 23,743 | 6.0255 GBP | ||||
32 17/19p ordinary | Sale | 21,378 | 6.0270 GBP | ||||
32 17/19p ordinary | Sale | 18,552 | 6.0100 GBP | ||||
32 17/19p ordinary | Sale | 16,095 | 6.0496 GBP | ||||
32 17/19p ordinary | Sale | 12,806 | 6.0322 GBP | ||||
32 17/19p ordinary | Sale | 11,307 | 6.0239 GBP | ||||
32 17/19p ordinary | Sale | 11,165 | 6.0287 GBP | ||||
32 17/19p ordinary | Sale | 10,599 | 6.0302 GBP | ||||
32 17/19p ordinary | Sale | 6,894 | 6.0117 GBP | ||||
32 17/19p ordinary | Sale | 6,765 | 6.0327 GBP | ||||
32 17/19p ordinary | Sale | 5,893 | 6.0110 GBP | ||||
32 17/19p ordinary | Sale | 4,869 | 6.0108 GBP | ||||
32 17/19p ordinary | Sale | 4,398 | 6.0147 GBP | ||||
32 17/19p ordinary | Sale | 4,372 | 6.0275 GBP | ||||
32 17/19p ordinary | Sale | 3,924 | 6.0570 GBP | ||||
32 17/19p ordinary | Sale | 3,846 | 6.0314 GBP | ||||
32 17/19p ordinary | Sale | 3,673 | 6.0256 GBP | ||||
32 17/19p ordinary | Sale | 3,300 | 6.0219 GBP | ||||
32 17/19p ordinary | Sale | 2,796 | 6.0140 GBP | ||||
32 17/19p ordinary | Sale | 2,573 | 6.0162 GBP | ||||
32 17/19p ordinary | Sale | 2,533 | 6.0367 GBP | ||||
32 17/19p ordinary | Sale | 2,355 | 6.0338 GBP | ||||
32 17/19p ordinary | Sale | 2,246 | 6.0297 GBP | ||||
32 17/19p ordinary | Sale | 1,994 | 6.0340 GBP | ||||
32 17/19p ordinary | Sale | 1,785 | 6.0194 GBP | ||||
32 17/19p ordinary | Sale | 1,304 | 6.0480 GBP | ||||
32 17/19p ordinary | Sale | 1,287 | 6.0281 GBP | ||||
32 17/19p ordinary | Sale | 1,251 | 6.0316 GBP | ||||
32 17/19p ordinary | Sale | 1,243 | 6.0386 GBP | ||||
32 17/19p ordinary | Sale | 1,192 | 6.0241 GBP | ||||
32 17/19p ordinary | Sale | 1,154 | 6.0420 GBP | ||||
32 17/19p ordinary | Sale | 959 | 6.0080 GBP | ||||
32 17/19p ordinary | Sale | 954 | 6.0260 GBP | ||||
ADR | Sale | 800 | 16.6400 USD | ||||
32 17/19p ordinary | Sale | 546 | 6.0290 GBP | ||||
32 17/19p ordinary | Sale | 536 | 6.0120 GBP | ||||
32 17/19p ordinary | Sale | 473 | 6.0360 GBP | ||||
32 17/19p ordinary | Sale | 464 | 6.0320 GBP | ||||
32 17/19p ordinary | Sale | 294 | 6.0326 GBP | ||||
32 17/19p ordinary | Sale | 266 | 6.0220 GBP | ||||
32 17/19p ordinary | Sale | 193 | 6.0380 GBP | ||||
32 17/19p ordinary | Sale | 164 | 6.0166 GBP | ||||
ADR | Sale | 64 | 16.5400 USD | ||||
32 17/19p ordinary | Sale | 22 | 6.0266 GBP | ||||
32 17/19p ordinary | Sale | 11 | 6.0280 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 | Increasing Long | 3,658 | 6.0095 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,869 | 6.0108 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 163,074 | 6.0127 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,818 | 6.0135 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,573 | 6.0162 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 10,373 | 6.0239 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 44,224 | 6.0254 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 23,743 | 6.0255 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,673 | 6.0256 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 21,102 | 6.0270 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 84,325 | 6.0284 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 11,165 | 6.0287 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,724 | 6.0326 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,686 | 6.0363 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,533 | 6.0367 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 266 | 6.0376 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,659 | 6.0404 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 887 | 6.0432 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 16,095 | 6.0496 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 113,964 | 6.0542 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 66,592 | 6.0554 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,924 | 6.0570 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 33,654 | 6.0572 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 65,652 | 6.0580 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 17,285 | 6.0081 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,954 | 6.0107 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 21 | 6.0120 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 107,921 | 6.0143 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 864 | 6.0154 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 507 | 6.0181 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10,807 | 6.0193 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 37,157 | 6.0203 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,913 | 6.0220 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 496 | 6.0222 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 65,885 | 6.0225 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 8,464 | 6.0243 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 212,675 | 6.0252 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,150 | 6.0255 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 126,874 | 6.0257 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 39,644 | 6.0259 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 55,872 | 6.0262 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 80,040 | 6.0268 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 8,968 | 6.0285 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 7,874 | 6.0323 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 38,905 | 6.0351 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 26,424 | 6.0383 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 5,040 | 6.0388 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 12,014 | 6.0533 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 147,549 | 6.0580 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 95,248 | 6.0583 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 109,079 | 6.0584 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 144,889 | 6.0589 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 10 | 6.0590 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 6,380 | 6.0087 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 18,552 | 6.0100 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 4,720 | 6.0235 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 53,440 | 6.0574 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 27,004 | 6.0575 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 1,728 | 6.0255 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 77,781 | 6.0313 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 12,703 | 6.0353 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 4,720 | 6.0584 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? | NO | ||||||
Date of disclosure: | 16 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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