| 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 | |||||
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| 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 | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 02 Dec 2024 | |||||
| (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 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 23,751,334 | 0.89% | 21,702,451 | 0.81% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,335,418 | 0.05% | 21,620,837 | 0.81% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,099,470 | 0.04% |
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| TOTAL: |
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| 25,086,752 | 0.94% | 44,422,758 | 1.66% |
| (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 | 2,278,011 | 4.8230 GBP | ||||
| 32 17/19p ordinary | Purchase | 193,340 | 4.8324 GBP | ||||
| 32 17/19p ordinary | Purchase | 162,854 | 4.8410 GBP | ||||
| 32 17/19p ordinary | Purchase | 131,584 | 4.8185 GBP | ||||
| 32 17/19p ordinary | Purchase | 85,539 | 4.8296 GBP | ||||
| 32 17/19p ordinary | Purchase | 83,144 | 4.8320 GBP | ||||
| 32 17/19p ordinary | Purchase | 46,828 | 4.8315 GBP | ||||
| 32 17/19p ordinary | Purchase | 40,979 | 4.8273 GBP | ||||
| 32 17/19p ordinary | Purchase | 38,566 | 4.8268 GBP | ||||
| 32 17/19p ordinary | Purchase | 36,859 | 4.8316 GBP | ||||
| 32 17/19p ordinary | Purchase | 30,102 | 4.8345 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,967 | 4.8353 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,577 | 4.8188 GBP | ||||
| 32 17/19p ordinary | Purchase | 15,408 | 4.8330 GBP | ||||
| 32 17/19p ordinary | Purchase | 13,182 | 4.8280 GBP | ||||
| 32 17/19p ordinary | Purchase | 10,955 | 4.8327 GBP | ||||
| 32 17/19p ordinary | Purchase | 8,285 | 4.8378 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,998 | 4.8323 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,249 | 4.8216 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,904 | 4.8264 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,540 | 4.8374 GBP | ||||
| ADR | Purchase | 4,000 | 12.3500 USD | ||||
| ADR | Purchase | 2,806 | 12.3914 USD | ||||
| 32 17/19p ordinary | Purchase | 2,473 | 4.8283 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,000 | 4.8370 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,000 | 4.8365 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,748 | 4.8329 GBP | ||||
| 32 17/19p ordinary | Purchase | 949 | 4.8025 GBP | ||||
| 32 17/19p ordinary | Purchase | 789 | 4.8208 GBP | ||||
| 32 17/19p ordinary | Purchase | 682 | 4.8666 GBP | ||||
| 32 17/19p ordinary | Purchase | 535 | 4.7900 GBP | ||||
| 32 17/19p ordinary | Purchase | 525 | 4.8440 GBP | ||||
| 32 17/19p ordinary | Purchase | 327 | 4.8435 GBP | ||||
| 32 17/19p ordinary | Purchase | 258 | 4.8150 GBP | ||||
| 32 17/19p ordinary | Purchase | 155 | 4.8080 GBP | ||||
| 32 17/19p ordinary | Purchase | 52 | 4.8478 GBP | ||||
| 32 17/19p ordinary | Purchase | 42 | 4.8619 GBP | ||||
| 32 17/19p ordinary | Sale | 179,573 | 4.8341 GBP | ||||
| 32 17/19p ordinary | Sale | 158,865 | 4.8320 GBP | ||||
| 32 17/19p ordinary | Sale | 72,741 | 4.8394 GBP | ||||
| 32 17/19p ordinary | Sale | 37,919 | 4.8280 GBP | ||||
| 32 17/19p ordinary | Sale | 28,386 | 4.8243 GBP | ||||
| 32 17/19p ordinary | Sale | 21,032 | 4.8324 GBP | ||||
| 32 17/19p ordinary | Sale | 17,974 | 4.8310 GBP | ||||
| 32 17/19p ordinary | Sale | 13,297 | 4.8456 GBP | ||||
| 32 17/19p ordinary | Sale | 8,811 | 4.8275 GBP | ||||
| 32 17/19p ordinary | Sale | 8,156 | 4.8419 GBP | ||||
| 32 17/19p ordinary | Sale | 7,478 | 4.8313 GBP | ||||
| 32 17/19p ordinary | Sale | 5,401 | 4.8329 GBP | ||||
| 32 17/19p ordinary | Sale | 5,267 | 4.8390 GBP | ||||
| 32 17/19p ordinary | Sale | 5,058 | 4.8348 GBP | ||||
| 32 17/19p ordinary | Sale | 4,000 | 4.8370 GBP | ||||
| ADR | Sale | 4,000 | 12.3500 USD | ||||
| 32 17/19p ordinary | Sale | 3,772 | 4.8403 GBP | ||||
| 32 17/19p ordinary | Sale | 3,655 | 4.8311 GBP | ||||
| 32 17/19p ordinary | Sale | 3,425 | 4.8231 GBP | ||||
| 32 17/19p ordinary | Sale | 3,309 | 4.8345 GBP | ||||
| ADR | Sale | 2,806 | 12.3914 USD | ||||
| 32 17/19p ordinary | Sale | 2,672 | 4.8151 GBP | ||||
| 32 17/19p ordinary | Sale | 1,923 | 4.8372 GBP | ||||
| 32 17/19p ordinary | Sale | 1,558 | 4.8126 GBP | ||||
| 32 17/19p ordinary | Sale | 1,075 | 4.8140 GBP | ||||
| 32 17/19p ordinary | Sale | 1,009 | 4.8567 GBP | ||||
| 32 17/19p ordinary | Sale | 987 | 4.8410 GBP | ||||
| 32 17/19p ordinary | Sale | 961 | 4.8418 GBP | ||||
| 32 17/19p ordinary | Sale | 689 | 4.8115 GBP | ||||
| 32 17/19p ordinary | Sale | 568 | 4.8425 GBP | ||||
| 32 17/19p ordinary | Sale | 500 | 4.8022 GBP | ||||
| 32 17/19p ordinary | Sale | 101 | 4.8435 GBP | ||||
| 32 17/19p ordinary | Sale | 41 | 4.8139 GBP | ||||
| 32 17/19p ordinary | Sale | 28 | 4.8362 GBP | ||||
| 32 17/19p ordinary | Sale | 17 | 4.8480 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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| securities |
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| 32 17/19p ordinary | SWAP | Decreasing Short | 500 | 4.8022 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 41 | 4.8139 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,075 | 4.8140 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 2,536 | 4.8230 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 17,974 | 4.8310 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,051 | 4.8314 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 115,323 | 4.8321 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 21,032 | 4.8324 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,309 | 4.8345 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 6,395 | 4.8350 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,292 | 4.8358 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,772 | 4.8403 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 961 | 4.8418 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 8,156 | 4.8419 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 13,297 | 4.8456 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 2,902 | 4.8472 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 131,584 | 4.8185 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 789 | 4.8208 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 42,011 | 4.8230 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,904 | 4.8264 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 38,566 | 4.8268 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 35,349 | 4.8275 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 13,182 | 4.8280 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 53,941 | 4.8302 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 12,247 | 4.8312 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 36,859 | 4.8316 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 159,097 | 4.8320 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 5,998 | 4.8323 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 10,955 | 4.8327 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,748 | 4.8329 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 15,408 | 4.8330 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 30,102 | 4.8345 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 2,738 | 4.8365 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,540 | 4.8374 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 8,285 | 4.8378 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 18,777 | 4.8397 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 14,761 | 4.8436 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 42 | 4.8620 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Long | 3,862 | 4.8359 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 6,261 | 4.8256 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 4,000 | 4.8318 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 11,098 | 4.8357 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 56 | 4.8360 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 104 | 4.8478 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 14,820 | 4.8323 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 28 | 4.8360 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 1,068 | 4.8365 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 1,732 | 4.8375 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 104 | 4.8478 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Short | 6,498 | 4.8479 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Long | 2,140 | 4.8256 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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| paid/ |
| 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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| relates |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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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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| applicable) | ||||
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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? | YES | ||||||
| Date of disclosure: | 03 Dec 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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| 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: | |||||||
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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 | -322,242 | 4.2985 | European | 11 Mar 2025 | |
| 32 17/19p ordinary | Call Options | Written | -310,547 | 4.5547 | European | 23 Dec 2024 | |
| 32 17/19p ordinary | Call Options | Written | -241,313 | 4.4050 | European | 06 May 2025 | |
| 32 17/19p ordinary | Call Options | Written | -120,789 | 5.3305 | European | 06 Jun 2025 | |
| 32 17/19p ordinary | Call Options | Written | -104,579 | 5.3176 | European | 05 Jun 2025 | |
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| 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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