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26 Mar 2025 15:11
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: |
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(e) | Date position held/dealing undertaken: | 25 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: | 15,778,996 | 0.59% | 15,491,887 | 0.58% | |||
(2) Cash-settled derivatives: | 14,512,247 | 0.54% | 10,377,179 | 0.39% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 225,364 | 0.01% | |||
TOTAL: | 30,291,243 | 1.13% | 26,094,430 | 0.97% | |||
(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 | 433,272 | 5.5845 GBP | ||||
32 17/19p ordinary | Purchase | 171,196 | 5.5872 GBP | ||||
32 17/19p ordinary | Purchase | 147,494 | 5.5862 GBP | ||||
32 17/19p ordinary | Purchase | 137,673 | 5.5843 GBP | ||||
32 17/19p ordinary | Purchase | 125,197 | 5.5977 GBP | ||||
32 17/19p ordinary | Purchase | 122,867 | 5.5870 GBP | ||||
32 17/19p ordinary | Purchase | 122,605 | 5.5861 GBP | ||||
32 17/19p ordinary | Purchase | 106,915 | 5.5869 GBP | ||||
32 17/19p ordinary | Purchase | 72,047 | 5.5840 GBP | ||||
32 17/19p ordinary | Purchase | 69,130 | 5.5960 GBP | ||||
32 17/19p ordinary | Purchase | 54,410 | 5.5940 GBP | ||||
32 17/19p ordinary | Purchase | 36,818 | 5.6033 GBP | ||||
32 17/19p ordinary | Purchase | 31,829 | 5.5927 GBP | ||||
32 17/19p ordinary | Purchase | 31,107 | 5.5990 GBP | ||||
32 17/19p ordinary | Purchase | 30,868 | 5.6000 GBP | ||||
32 17/19p ordinary | Purchase | 30,579 | 5.5885 GBP | ||||
32 17/19p ordinary | Purchase | 17,996 | 5.5992 GBP | ||||
32 17/19p ordinary | Purchase | 17,642 | 5.5822 GBP | ||||
32 17/19p ordinary | Purchase | 16,743 | 5.6009 GBP | ||||
32 17/19p ordinary | Purchase | 12,773 | 5.5982 GBP | ||||
32 17/19p ordinary | Purchase | 10,289 | 5.5788 GBP | ||||
32 17/19p ordinary | Purchase | 9,334 | 5.5743 GBP | ||||
32 17/19p ordinary | Purchase | 6,062 | 5.5859 GBP | ||||
32 17/19p ordinary | Purchase | 5,425 | 5.5888 GBP | ||||
32 17/19p ordinary | Purchase | 5,313 | 5.6160 GBP | ||||
32 17/19p ordinary | Purchase | 5,304 | 5.6112 GBP | ||||
32 17/19p ordinary | Purchase | 5,270 | 5.6035 GBP | ||||
32 17/19p ordinary | Purchase | 5,048 | 5.5919 GBP | ||||
32 17/19p ordinary | Purchase | 4,735 | 5.5920 GBP | ||||
32 17/19p ordinary | Purchase | 3,704 | 5.5868 GBP | ||||
32 17/19p ordinary | Purchase | 3,654 | 5.5768 GBP | ||||
32 17/19p ordinary | Purchase | 3,494 | 5.5939 GBP | ||||
32 17/19p ordinary | Purchase | 3,032 | 5.5951 GBP | ||||
32 17/19p ordinary | Purchase | 2,889 | 5.5770 GBP | ||||
32 17/19p ordinary | Purchase | 2,528 | 5.5760 GBP | ||||
32 17/19p ordinary | Purchase | 2,406 | 5.5764 GBP | ||||
32 17/19p ordinary | Purchase | 2,150 | 5.5959 GBP | ||||
32 17/19p ordinary | Purchase | 1,961 | 5.5895 GBP | ||||
32 17/19p ordinary | Purchase | 1,693 | 5.5781 GBP | ||||
32 17/19p ordinary | Purchase | 1,655 | 5.5978 GBP | ||||
32 17/19p ordinary | Purchase | 1,581 | 5.5780 GBP | ||||
32 17/19p ordinary | Purchase | 1,422 | 5.5846 GBP | ||||
32 17/19p ordinary | Purchase | 1,248 | 5.5936 GBP | ||||
32 17/19p ordinary | Purchase | 1,030 | 5.5880 GBP | ||||
32 17/19p ordinary | Purchase | 1,018 | 5.6120 GBP | ||||
32 17/19p ordinary | Purchase | 907 | 5.6054 GBP | ||||
32 17/19p ordinary | Purchase | 800 | 5.5980 GBP | ||||
32 17/19p ordinary | Purchase | 796 | 5.6060 GBP | ||||
32 17/19p ordinary | Purchase | 657 | 5.5882 GBP | ||||
32 17/19p ordinary | Purchase | 548 | 5.6213 GBP | ||||
32 17/19p ordinary | Purchase | 426 | 5.6220 GBP | ||||
32 17/19p ordinary | Purchase | 333 | 5.6080 GBP | ||||
32 17/19p ordinary | Purchase | 146 | 5.5981 GBP | ||||
32 17/19p ordinary | Purchase | 109 | 5.5850 GBP | ||||
ADR | Purchase | 98 | 14.6900 USD | ||||
32 17/19p ordinary | Purchase | 71 | 5.5800 GBP | ||||
32 17/19p ordinary | Purchase | 59 | 5.5860 GBP | ||||
32 17/19p ordinary | Purchase | 55 | 5.6180 GBP | ||||
32 17/19p ordinary | Purchase | 47 | 5.6040 GBP | ||||
32 17/19p ordinary | Purchase | 39 | 5.5782 GBP | ||||
ADR | Purchase | 30 | 14.4200 USD | ||||
32 17/19p ordinary | Purchase | 22 | 5.6083 GBP | ||||
32 17/19p ordinary | Purchase | 19 | 5.5740 GBP | ||||
32 17/19p ordinary | Purchase | 1 | 5.6100 GBP | ||||
32 17/19p ordinary | Sale | 212,696 | 5.5840 GBP | ||||
32 17/19p ordinary | Sale | 51,902 | 5.5873 GBP | ||||
32 17/19p ordinary | Sale | 48,721 | 5.6018 GBP | ||||
32 17/19p ordinary | Sale | 32,832 | 5.5906 GBP | ||||
32 17/19p ordinary | Sale | 29,513 | 5.5827 GBP | ||||
32 17/19p ordinary | Sale | 27,405 | 5.5937 GBP | ||||
32 17/19p ordinary | Sale | 23,069 | 5.6005 GBP | ||||
32 17/19p ordinary | Sale | 16,236 | 5.6000 GBP | ||||
32 17/19p ordinary | Sale | 14,475 | 5.5839 GBP | ||||
32 17/19p ordinary | Sale | 14,217 | 5.6074 GBP | ||||
32 17/19p ordinary | Sale | 14,017 | 5.5973 GBP | ||||
32 17/19p ordinary | Sale | 13,776 | 5.5989 GBP | ||||
32 17/19p ordinary | Sale | 12,029 | 5.5862 GBP | ||||
32 17/19p ordinary | Sale | 11,679 | 5.5836 GBP | ||||
32 17/19p ordinary | Sale | 10,018 | 5.5971 GBP | ||||
32 17/19p ordinary | Sale | 9,256 | 5.5881 GBP | ||||
32 17/19p ordinary | Sale | 8,966 | 5.6020 GBP | ||||
32 17/19p ordinary | Sale | 5,368 | 5.5818 GBP | ||||
32 17/19p ordinary | Sale | 5,313 | 5.6160 GBP | ||||
32 17/19p ordinary | Sale | 4,641 | 5.5870 GBP | ||||
32 17/19p ordinary | Sale | 3,316 | 5.5781 GBP | ||||
32 17/19p ordinary | Sale | 2,528 | 5.5760 GBP | ||||
32 17/19p ordinary | Sale | 2,501 | 5.5730 GBP | ||||
32 17/19p ordinary | Sale | 2,231 | 5.5980 GBP | ||||
32 17/19p ordinary | Sale | 1,581 | 5.5780 GBP | ||||
32 17/19p ordinary | Sale | 1,016 | 5.6012 GBP | ||||
32 17/19p ordinary | Sale | 624 | 5.5919 GBP | ||||
32 17/19p ordinary | Sale | 534 | 5.6154 GBP | ||||
32 17/19p ordinary | Sale | 522 | 5.6120 GBP | ||||
32 17/19p ordinary | Sale | 348 | 5.5920 GBP | ||||
32 17/19p ordinary | Sale | 333 | 5.6080 GBP | ||||
32 17/19p ordinary | Sale | 191 | 5.6039 GBP | ||||
32 17/19p ordinary | Sale | 190 | 5.5761 GBP | ||||
32 17/19p ordinary | Sale | 109 | 5.5850 GBP | ||||
ADR | Sale | 98 | 14.6900 USD | ||||
32 17/19p ordinary | Sale | 75 | 5.6100 GBP | ||||
32 17/19p ordinary | Sale | 71 | 5.5800 GBP | ||||
32 17/19p ordinary | Sale | 59 | 5.5860 GBP | ||||
32 17/19p ordinary | Sale | 55 | 5.6180 GBP | ||||
32 17/19p ordinary | Sale | 47 | 5.6040 GBP | ||||
ADR | Sale | 30 | 14.4200 USD | ||||
32 17/19p ordinary | Sale | 19 | 5.5740 GBP | ||||
32 17/19p ordinary | Sale | 8 | 5.5889 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 | 2,501 | 5.5730 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 71 | 5.5775 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 29,513 | 5.5827 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 11,679 | 5.5836 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 14,475 | 5.5839 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 135,927 | 5.5840 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 12,789 | 5.5884 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 624 | 5.5919 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 18,519 | 5.5936 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 10,018 | 5.5971 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 725 | 5.5973 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 2,497 | 5.5992 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 48,721 | 5.6018 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 191 | 5.6039 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Short | 534 | 5.6154 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 9,334 | 5.5743 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 1,732 | 5.5781 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 17,642 | 5.5822 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 154,693 | 5.5839 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 153,206 | 5.5840 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 118,226 | 5.5842 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 141,102 | 5.5852 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 6,062 | 5.5859 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 122,605 | 5.5861 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 147,494 | 5.5862 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 3,704 | 5.5868 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 106,915 | 5.5869 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 122,867 | 5.5870 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 171,196 | 5.5872 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 27,684 | 5.5881 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 657 | 5.5882 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 30,579 | 5.5885 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 31,829 | 5.5927 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 54,359 | 5.5940 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 70,378 | 5.5943 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 211 | 5.5960 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 125,197 | 5.5977 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 8,509 | 5.5990 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 65 | 5.6013 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 700 | 5.6014 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 10 | 5.6030 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 36,818 | 5.6033 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 5,270 | 5.6035 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 907 | 5.6054 GBP | |||
32 17/19p ordinary | SWAP | Increasing Short | 548 | 5.6196 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 8,500 | 5.5840 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 38,363 | 5.5812 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 1,519 | 5.5836 GBP | |||
32 17/19p ordinary | CFD | Increasing Long | 632 | 5.5933 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 20,984 | 5.5777 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 1,519 | 5.5823 GBP | |||
32 17/19p ordinary | CFD | Decreasing Long | 882 | 5.6043 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 |
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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: | 26 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 | ||||||
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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 | Call Options | Written | -120,788 | 5.3305 | European | 06-Jun-25 | |
32 17/19p ordinary | Call Options | Written | -104,576 | 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: | |||||||
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