Form 8.3 - AVIVA PLC

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 relevant securities this form relates:

AVIVA PLC

(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:

24 Mar 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

YES: 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:

14,548,849

0.54%

15,565,694

0.58%

(2) Cash-settled derivatives:

14,574,380

0.54%

9,066,226

0.34%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

225,365

0.01%

TOTAL: 

29,123,229

1.09%

24,857,285

0.93%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

32 17/19p ordinary

Purchase

356,400

5.5775 GBP

32 17/19p ordinary

Purchase

200,663

5.5760 GBP

32 17/19p ordinary

Purchase

199,652

5.5765 GBP

32 17/19p ordinary

Purchase

168,826

5.5909 GBP

32 17/19p ordinary

Purchase

137,808

5.5764 GBP

32 17/19p ordinary

Purchase

134,860

5.5860 GBP

32 17/19p ordinary

Purchase

98,430

5.5936 GBP

32 17/19p ordinary

Purchase

92,400

5.5798 GBP

32 17/19p ordinary

Purchase

85,408

5.5788 GBP

32 17/19p ordinary

Purchase

72,904

5.5937 GBP

32 17/19p ordinary

Purchase

34,893

5.5763 GBP

32 17/19p ordinary

Purchase

31,126

5.5855 GBP

32 17/19p ordinary

Purchase

29,866

5.5859 GBP

32 17/19p ordinary

Purchase

23,389

5.5946 GBP

32 17/19p ordinary

Purchase

17,810

5.5807 GBP

32 17/19p ordinary

Purchase

16,482

5.5930 GBP

32 17/19p ordinary

Purchase

15,806

5.5948 GBP

32 17/19p ordinary

Purchase

14,725

5.5969 GBP

32 17/19p ordinary

Purchase

13,187

5.5914 GBP

32 17/19p ordinary

Purchase

11,784

5.5957 GBP

32 17/19p ordinary

Purchase

8,084

5.6023 GBP

32 17/19p ordinary

Purchase

7,750

5.5900 GBP

32 17/19p ordinary

Purchase

7,000

5.5877 GBP

32 17/19p ordinary

Purchase

3,488

5.5952 GBP

32 17/19p ordinary

Purchase

2,894

5.6020 GBP

32 17/19p ordinary

Purchase

2,541

5.5970 GBP

32 17/19p ordinary

Purchase

2,217

5.6000 GBP

32 17/19p ordinary

Purchase

1,690

5.5780 GBP

32 17/19p ordinary

Purchase

1,586

5.5940 GBP

32 17/19p ordinary

Purchase

1,405

5.5915 GBP

32 17/19p ordinary

Purchase

1,384

5.5950 GBP

32 17/19p ordinary

Purchase

1,324

5.5984 GBP

32 17/19p ordinary

Purchase

1,268

5.6071 GBP

32 17/19p ordinary

Purchase

1,012

5.5820 GBP

32 17/19p ordinary

Purchase

1,007

5.5960 GBP

32 17/19p ordinary

Purchase

985

5.6052 GBP

32 17/19p ordinary

Purchase

980

5.6022 GBP

32 17/19p ordinary

Purchase

936

5.6040 GBP

32 17/19p ordinary

Purchase

666

5.6080 GBP

32 17/19p ordinary

Purchase

664

5.5996 GBP

32 17/19p ordinary

Purchase

558

5.6100 GBP

ADR

Purchase

516

14.6500 USD

32 17/19p ordinary

Purchase

510

5.5640 GBP

32 17/19p ordinary

Purchase

384

5.5560 GBP

32 17/19p ordinary

Purchase

351

5.5920 GBP

32 17/19p ordinary

Purchase

304

5.5580 GBP

32 17/19p ordinary

Purchase

279

5.6120 GBP

32 17/19p ordinary

Purchase

228

5.5986 GBP

32 17/19p ordinary

Purchase

222

5.5880 GBP

32 17/19p ordinary

Purchase

192

5.5910 GBP

32 17/19p ordinary

Purchase

17

5.5995 GBP

32 17/19p ordinary

Sale

576,636

5.5770 GBP

32 17/19p ordinary

Sale

380,552

5.5760 GBP

32 17/19p ordinary

Sale

164,951

5.5873 GBP

32 17/19p ordinary

Sale

80,626

5.5798 GBP

32 17/19p ordinary

Sale

80,552

5.5900 GBP

32 17/19p ordinary

Sale

66,697

5.5850 GBP

32 17/19p ordinary

Sale

64,572

5.5982 GBP

32 17/19p ordinary

Sale

58,284

5.5790 GBP

32 17/19p ordinary

Sale

54,236

5.5867 GBP

32 17/19p ordinary

Sale

51,583

5.5892 GBP

32 17/19p ordinary

Sale

42,053

5.5880 GBP

32 17/19p ordinary

Sale

35,520

5.5879 GBP

32 17/19p ordinary

Sale

20,733

5.5829 GBP

32 17/19p ordinary

Sale

19,510

5.5919 GBP

32 17/19p ordinary

Sale

18,071

5.6020 GBP

32 17/19p ordinary

Sale

17,242

5.5943 GBP

32 17/19p ordinary

Sale

12,924

5.5836 GBP

32 17/19p ordinary

Sale

12,266

5.5800 GBP

32 17/19p ordinary

Sale

9,784

5.5976 GBP

32 17/19p ordinary

Sale

8,915

5.5748 GBP

32 17/19p ordinary

Sale

8,876

5.5751 GBP

32 17/19p ordinary

Sale

8,226

5.5749 GBP

32 17/19p ordinary

Sale

7,817

5.5997 GBP

32 17/19p ordinary

Sale

6,801

5.5759 GBP

32 17/19p ordinary

Sale

4,324

5.5875 GBP

32 17/19p ordinary

Sale

1,901

5.5778 GBP

32 17/19p ordinary

Sale

1,881

5.5705 GBP

32 17/19p ordinary

Sale

1,690

5.5780 GBP

32 17/19p ordinary

Sale

1,609

5.5818 GBP

32 17/19p ordinary

Sale

1,478

5.5840 GBP

32 17/19p ordinary

Sale

1,198

5.5600 GBP

32 17/19p ordinary

Sale

1,012

5.5820 GBP

32 17/19p ordinary

Sale

857

5.5924 GBP

32 17/19p ordinary

Sale

690

5.5870 GBP

32 17/19p ordinary

Sale

679

5.5960 GBP

ADR

Sale

516

14.6500 USD

32 17/19p ordinary

Sale

515

5.5845 GBP

32 17/19p ordinary

Sale

510

5.5640 GBP

32 17/19p ordinary

Sale

384

5.5560 GBP

32 17/19p ordinary

Sale

351

5.5920 GBP

32 17/19p ordinary

Sale

304

5.5580 GBP

32 17/19p ordinary

Sale

273

5.6000 GBP

32 17/19p ordinary

Sale

215

5.5985 GBP

32 17/19p ordinary

Sale

128

5.5940 GBP

32 17/19p ordinary

Sale

68

5.5871 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

32 17/19p ordinary

SWAP

Decreasing Short

8,915

5.5748 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,876

5.5751 GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,801

5.5759 GBP

32 17/19p ordinary

SWAP

Decreasing Short

198,685

5.5760 GBP

32 17/19p ordinary

SWAP

Decreasing Short

205,000

5.5796 GBP

32 17/19p ordinary

SWAP

Decreasing Short

82,179

5.5798 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,915

5.5804 GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,733

5.5829 GBP

32 17/19p ordinary

SWAP

Decreasing Short

83,605

5.5873 GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,698

5.5876 GBP

32 17/19p ordinary

SWAP

Decreasing Short

35,520

5.5879 GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,485

5.5882 GBP

32 17/19p ordinary

SWAP

Decreasing Short

52,069

5.5892 GBP

32 17/19p ordinary

SWAP

Decreasing Short

41,532

5.5902 GBP

32 17/19p ordinary

SWAP

Decreasing Short

37,938

5.5913 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,075

5.5942 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,784

5.5976 GBP

32 17/19p ordinary

SWAP

Opening Long

48,381

5.5982 GBP

32 17/19p ordinary

SWAP

Increasing Long

19,933

5.5997 GBP

32 17/19p ordinary

SWAP

Decreasing Long

3,797

5.5760 GBP

32 17/19p ordinary

SWAP

Opening Short

182,687

5.5762 GBP

32 17/19p ordinary

SWAP

Increasing Short

137,808

5.5764 GBP

32 17/19p ordinary

SWAP

Increasing Short

37,448

5.5792 GBP

32 17/19p ordinary

SWAP

Increasing Short

10,887

5.5817 GBP

32 17/19p ordinary

SWAP

Increasing Short

31,126

5.5855 GBP

32 17/19p ordinary

SWAP

Increasing Short

29,866

5.5859 GBP

32 17/19p ordinary

SWAP

Increasing Short

134,860

5.5860 GBP

32 17/19p ordinary

SWAP

Increasing Short

14,536

5.5889 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,600

5.5899 GBP

32 17/19p ordinary

SWAP

Increasing Short

94,218

5.5936 GBP

32 17/19p ordinary

SWAP

Increasing Short

72,904

5.5937 GBP

32 17/19p ordinary

SWAP

Increasing Short

949

5.5940 GBP

32 17/19p ordinary

SWAP

Increasing Short

2,615

5.5941 GBP

32 17/19p ordinary

SWAP

Increasing Short

23,389

5.5946 GBP

32 17/19p ordinary

SWAP

Increasing Short

3,488

5.5952 GBP

32 17/19p ordinary

SWAP

Increasing Short

664

5.5996 GBP

32 17/19p ordinary

SWAP

Increasing Short

1,622

5.6009 GBP

32 17/19p ordinary

SWAP

Increasing Long

1,378

5.5802 GBP

32 17/19p ordinary

CFD

Increasing Long

526

5.5756 GBP

32 17/19p ordinary

CFD

Increasing Long

1,024

5.5795 GBP

32 17/19p ordinary

CFD

Increasing Long

7,742

5.5924 GBP

32 17/19p ordinary

CFD

Decreasing Long

225

5.5743 GBP

32 17/19p ordinary

CFD

Decreasing Long

20,939

5.5764 GBP

32 17/19p ordinary

CFD

Decreasing Long

135,266

5.5765 GBP

32 17/19p ordinary

CFD

Decreasing Long

516

5.5923 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

25 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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 are being disclosed:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities this from relates:

AVIVA PLC

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

-120,785

5.3305

European

06-Jun-25

32 17/19p ordinary

Call Options

Written

-104,580

5.3176

European

05-Jun-25

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: