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Form 8.3 AVIVA PLC

17th Apr 2025 13:22

RNS Number : 5090F
Barclays PLC
17 April 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:

16 Apr 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:

 

 

13,838,200

0.52%

15,740,941

0.59%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

14,675,714

0.55%

11,646,443

0.43%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,354

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

28,513,914

1.06%

27,612,738

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

3,040,477

5.2400 GBP

32 17/19p ordinary

Purchase

732,372

5.2388 GBP

32 17/19p ordinary

Purchase

225,741

5.2381 GBP

32 17/19p ordinary

Purchase

134,177

5.2377 GBP

32 17/19p ordinary

Purchase

66,362

5.2302 GBP

32 17/19p ordinary

Purchase

42,111

5.2410 GBP

32 17/19p ordinary

Purchase

40,170

5.2134 GBP

32 17/19p ordinary

Purchase

35,414

5.2137 GBP

32 17/19p ordinary

Purchase

35,253

5.2353 GBP

32 17/19p ordinary

Purchase

32,196

5.2120 GBP

32 17/19p ordinary

Purchase

30,571

5.2421 GBP

32 17/19p ordinary

Purchase

28,058

5.2281 GBP

32 17/19p ordinary

Purchase

19,663

5.2407 GBP

32 17/19p ordinary

Purchase

16,303

5.2458 GBP

32 17/19p ordinary

Purchase

14,384

5.2428 GBP

32 17/19p ordinary

Purchase

13,362

5.2324 GBP

32 17/19p ordinary

Purchase

11,045

5.2427 GBP

32 17/19p ordinary

Purchase

9,943

5.2409 GBP

32 17/19p ordinary

Purchase

7,603

5.2129 GBP

32 17/19p ordinary

Purchase

6,720

5.2219 GBP

32 17/19p ordinary

Purchase

6,291

5.2037 GBP

32 17/19p ordinary

Purchase

5,590

5.2365 GBP

32 17/19p ordinary

Purchase

4,624

5.2301 GBP

32 17/19p ordinary

Purchase

3,837

5.2309 GBP

32 17/19p ordinary

Purchase

3,298

5.2059 GBP

32 17/19p ordinary

Purchase

2,983

5.2442 GBP

32 17/19p ordinary

Purchase

2,932

5.2053 GBP

32 17/19p ordinary

Purchase

2,683

5.2252 GBP

32 17/19p ordinary

Purchase

2,170

5.2211 GBP

32 17/19p ordinary

Purchase

2,155

5.2391 GBP

32 17/19p ordinary

Purchase

2,031

5.2415 GBP

32 17/19p ordinary

Purchase

1,763

5.2459 GBP

32 17/19p ordinary

Purchase

1,719

5.2473 GBP

32 17/19p ordinary

Purchase

1,322

5.2291 GBP

32 17/19p ordinary

Purchase

1,277

5.2031 GBP

32 17/19p ordinary

Purchase

1,171

5.2190 GBP

32 17/19p ordinary

Purchase

915

5.2240 GBP

32 17/19p ordinary

Purchase

753

5.2340 GBP

32 17/19p ordinary

Purchase

677

5.2360 GBP

32 17/19p ordinary

Purchase

623

5.2440 GBP

ADR

Purchase

574

14.0200 USD

32 17/19p ordinary

Purchase

538

5.2380 GBP

32 17/19p ordinary

Purchase

302

5.2460 GBP

ADR

Purchase

202

13.9803 USD

32 17/19p ordinary

Purchase

86

5.2279 GBP

32 17/19p ordinary

Sale

1,034,025

5.2400 GBP

32 17/19p ordinary

Sale

288,515

5.2330 GBP

32 17/19p ordinary

Sale

136,634

5.2355 GBP

32 17/19p ordinary

Sale

76,447

5.2223 GBP

32 17/19p ordinary

Sale

45,227

5.2087 GBP

32 17/19p ordinary

Sale

31,306

5.2293 GBP

32 17/19p ordinary

Sale

19,374

5.2338 GBP

32 17/19p ordinary

Sale

16,581

5.2258 GBP

32 17/19p ordinary

Sale

16,196

5.2389 GBP

32 17/19p ordinary

Sale

12,131

5.2409 GBP

32 17/19p ordinary

Sale

10,951

5.2396 GBP

32 17/19p ordinary

Sale

10,403

5.2303 GBP

32 17/19p ordinary

Sale

9,992

5.2383 GBP

32 17/19p ordinary

Sale

9,972

5.2174 GBP

32 17/19p ordinary

Sale

9,655

5.2372 GBP

32 17/19p ordinary

Sale

9,108

5.2110 GBP

32 17/19p ordinary

Sale

4,591

5.2253 GBP

32 17/19p ordinary

Sale

4,589

5.2417 GBP

32 17/19p ordinary

Sale

4,166

5.2325 GBP

32 17/19p ordinary

Sale

3,090

5.2493 GBP

32 17/19p ordinary

Sale

3,030

5.1920 GBP

32 17/19p ordinary

Sale

3,028

5.2499 GBP

32 17/19p ordinary

Sale

2,738

5.2452 GBP

32 17/19p ordinary

Sale

2,292

5.2109 GBP

32 17/19p ordinary

Sale

1,787

5.2320 GBP

32 17/19p ordinary

Sale

1,415

5.2460 GBP

32 17/19p ordinary

Sale

1,363

5.2050 GBP

32 17/19p ordinary

Sale

1,135

5.2352 GBP

32 17/19p ordinary

Sale

915

5.2240 GBP

32 17/19p ordinary

Sale

661

5.2420 GBP

32 17/19p ordinary

Sale

624

5.2102 GBP

ADR

Sale

574

14.0200 USD

32 17/19p ordinary

Sale

395

5.2360 GBP

32 17/19p ordinary

Sale

380

5.2180 GBP

32 17/19p ordinary

Sale

362

5.2490 GBP

32 17/19p ordinary

Sale

304

5.2371 GBP

32 17/19p ordinary

Sale

211

5.2190 GBP

ADR

Sale

202

13.9803 USD

32 17/19p ordinary

Sale

100

5.2277 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 Short

3,030

5.1920 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,802

5.2059 GBP

32 17/19p ordinary

SWAP

Decreasing Short

45,227

5.2087 GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,364

5.2110 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,591

5.2253 GBP

32 17/19p ordinary

SWAP

Decreasing Short

16,581

5.2258 GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,348

5.2272 GBP

32 17/19p ordinary

SWAP

Decreasing Short

31,306

5.2293 GBP

32 17/19p ordinary

SWAP

Decreasing Short

59,533

5.2323 GBP

32 17/19p ordinary

SWAP

Decreasing Short

19,374

5.2338 GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,196

5.2341 GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,131

5.2352 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,655

5.2372 GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,992

5.2383 GBP

32 17/19p ordinary

SWAP

Decreasing Short

16,196

5.2389 GBP

32 17/19p ordinary

SWAP

Decreasing Short

10,951

5.2396 GBP

32 17/19p ordinary

SWAP

Decreasing Short

79,464

5.2397 GBP

32 17/19p ordinary

SWAP

Decreasing Short

571,269

5.2400 GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,082

5.2401 GBP

32 17/19p ordinary

SWAP

Decreasing Short

288

5.2407 GBP

32 17/19p ordinary

SWAP

Decreasing Short

12,854

5.2409 GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,738

5.2452 GBP

32 17/19p ordinary

SWAP

Increasing Short

6,291

5.2037 GBP

32 17/19p ordinary

SWAP

Increasing Short

22,380

5.2073 GBP

32 17/19p ordinary

SWAP

Increasing Short

51,300

5.2105 GBP

32 17/19p ordinary

SWAP

Increasing Short

42,317

5.2340 GBP

32 17/19p ordinary

SWAP

Increasing Short

134,177

5.2377 GBP

32 17/19p ordinary

SWAP

Increasing Short

58,437

5.2380 GBP

32 17/19p ordinary

SWAP

Increasing Short

225,741

5.2381 GBP

32 17/19p ordinary

SWAP

Increasing Short

89,477

5.2388 GBP

32 17/19p ordinary

SWAP

Increasing Short

267,355

5.2389 GBP

32 17/19p ordinary

SWAP

Increasing Short

151,817

5.2398 GBP

32 17/19p ordinary

SWAP

Increasing Short

501,654

5.2400 GBP

32 17/19p ordinary

SWAP

Increasing Short

19,663

5.2407 GBP

32 17/19p ordinary

SWAP

Increasing Short

42,111

5.2410 GBP

32 17/19p ordinary

SWAP

Increasing Short

16,001

5.2458 GBP

32 17/19p ordinary

SWAP

Decreasing Long

900

5.2353 GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,200

5.2400 GBP

32 17/19p ordinary

CFD

Increasing Long

12,780

5.2156 GBP

32 17/19p ordinary

CFD

Increasing Long

200

5.2276 GBP

32 17/19p ordinary

CFD

Increasing Long

34,494

5.2320 GBP

32 17/19p ordinary

CFD

Increasing Long

7,320

5.2331 GBP

32 17/19p ordinary

CFD

Increasing Long

1,715,472

5.2400 GBP

32 17/19p ordinary

CFD

Increasing Long

2,400

5.2480 GBP

32 17/19p ordinary

CFD

Decreasing Long

604

5.2394 GBP

32 17/19p ordinary

CFD

Decreasing Long

3,843,946

5.2400 GBP

32 17/19p ordinary

CFD

Decreasing Long

3,801

5.2403 GBP

32 17/19p ordinary

CFD

Decreasing Long

8,245

5.2411 GBP

32 17/19p ordinary

CFD

Decreasing Long

29,033

5.2426 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:

17 Apr 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

-120,762

5.3305

European

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,592

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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