| 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: | 17 Dec 2024 | |||||
| (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: |
|
| 19,860,366 | 0.74% | 16,924,818 | 0.63% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 2,640,336 | 0.10% | 16,967,735 | 0.63% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 1,099,500 | 0.04% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 22,500,702 | 0.84% | 34,992,053 | 1.31% |
| (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 | 1,696,003 | 4.6760 GBP | ||||
| 32 17/19p ordinary | Purchase | 272,533 | 4.6580 GBP | ||||
| 32 17/19p ordinary | Purchase | 238,971 | 4.6732 GBP | ||||
| 32 17/19p ordinary | Purchase | 192,113 | 4.6711 GBP | ||||
| 32 17/19p ordinary | Purchase | 162,369 | 4.6747 GBP | ||||
| 32 17/19p ordinary | Purchase | 102,028 | 4.6681 GBP | ||||
| 32 17/19p ordinary | Purchase | 46,298 | 4.6691 GBP | ||||
| 32 17/19p ordinary | Purchase | 33,099 | 4.6685 GBP | ||||
| 32 17/19p ordinary | Purchase | 30,263 | 4.6675 GBP | ||||
| 32 17/19p ordinary | Purchase | 23,906 | 4.6671 GBP | ||||
| 32 17/19p ordinary | Purchase | 16,044 | 4.6715 GBP | ||||
| 32 17/19p ordinary | Purchase | 14,129 | 4.6678 GBP | ||||
| 32 17/19p ordinary | Purchase | 13,199 | 4.6703 GBP | ||||
| 32 17/19p ordinary | Purchase | 12,847 | 4.6627 GBP | ||||
| 32 17/19p ordinary | Purchase | 11,035 | 4.6686 GBP | ||||
| 32 17/19p ordinary | Purchase | 9,927 | 4.6743 GBP | ||||
| 32 17/19p ordinary | Purchase | 7,571 | 4.6639 GBP | ||||
| 32 17/19p ordinary | Purchase | 6,561 | 4.6752 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,644 | 4.6726 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,325 | 4.6688 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,210 | 4.6796 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,899 | 4.6578 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,822 | 4.6738 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,575 | 4.6795 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,414 | 4.6633 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,040 | 4.6519 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,780 | 4.6666 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,998 | 4.6625 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,956 | 4.6650 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,916 | 4.6720 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,914 | 4.6646 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,711 | 4.6767 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,619 | 4.6620 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,588 | 4.6690 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,460 | 4.6815 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,292 | 4.6676 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,138 | 4.6797 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,112 | 4.6730 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,003 | 4.6755 GBP | ||||
| 32 17/19p ordinary | Purchase | 889 | 4.6740 GBP | ||||
| 32 17/19p ordinary | Purchase | 697 | 4.6710 GBP | ||||
| 32 17/19p ordinary | Purchase | 583 | 4.6700 GBP | ||||
| 32 17/19p ordinary | Purchase | 479 | 4.6562 GBP | ||||
| 32 17/19p ordinary | Purchase | 359 | 4.6480 GBP | ||||
| 32 17/19p ordinary | Purchase | 203 | 4.6679 GBP | ||||
| 32 17/19p ordinary | Sale | 1,321,187 | 4.6760 GBP | ||||
| 32 17/19p ordinary | Sale | 585,980 | 4.6754 GBP | ||||
| 32 17/19p ordinary | Sale | 103,081 | 4.6718 GBP | ||||
| 32 17/19p ordinary | Sale | 89,057 | 4.6755 GBP | ||||
| 32 17/19p ordinary | Sale | 87,059 | 4.6654 GBP | ||||
| 32 17/19p ordinary | Sale | 82,985 | 4.6728 GBP | ||||
| 32 17/19p ordinary | Sale | 81,096 | 4.6685 GBP | ||||
| 32 17/19p ordinary | Sale | 62,483 | 4.6647 GBP | ||||
| 32 17/19p ordinary | Sale | 51,829 | 4.6705 GBP | ||||
| 32 17/19p ordinary | Sale | 33,346 | 4.6670 GBP | ||||
| 32 17/19p ordinary | Sale | 30,174 | 4.6699 GBP | ||||
| 32 17/19p ordinary | Sale | 30,115 | 4.6694 GBP | ||||
| 32 17/19p ordinary | Sale | 25,781 | 4.6669 GBP | ||||
| 32 17/19p ordinary | Sale | 14,177 | 4.6673 GBP | ||||
| 32 17/19p ordinary | Sale | 9,700 | 4.6671 GBP | ||||
| 32 17/19p ordinary | Sale | 7,768 | 4.6666 GBP | ||||
| 32 17/19p ordinary | Sale | 7,631 | 4.6684 GBP | ||||
| 32 17/19p ordinary | Sale | 7,497 | 4.6724 GBP | ||||
| 32 17/19p ordinary | Sale | 7,125 | 4.6750 GBP | ||||
| 32 17/19p ordinary | Sale | 6,561 | 4.6757 GBP | ||||
| 32 17/19p ordinary | Sale | 6,425 | 4.6668 GBP | ||||
| 32 17/19p ordinary | Sale | 5,479 | 4.6658 GBP | ||||
| 32 17/19p ordinary | Sale | 5,210 | 4.6801 GBP | ||||
| 32 17/19p ordinary | Sale | 4,177 | 4.6633 GBP | ||||
| 32 17/19p ordinary | Sale | 4,148 | 4.6555 GBP | ||||
| 32 17/19p ordinary | Sale | 3,723 | 4.6680 GBP | ||||
| 32 17/19p ordinary | Sale | 3,616 | 4.6794 GBP | ||||
| 32 17/19p ordinary | Sale | 3,535 | 4.6661 GBP | ||||
| 32 17/19p ordinary | Sale | 2,957 | 4.6664 GBP | ||||
| 32 17/19p ordinary | Sale | 2,617 | 4.6656 GBP | ||||
| 32 17/19p ordinary | Sale | 2,341 | 4.6690 GBP | ||||
| 32 17/19p ordinary | Sale | 2,288 | 4.6646 GBP | ||||
| 32 17/19p ordinary | Sale | 1,998 | 4.6625 GBP | ||||
| 32 17/19p ordinary | Sale | 1,671 | 4.6710 GBP | ||||
| 32 17/19p ordinary | Sale | 1,646 | 4.6703 GBP | ||||
| 32 17/19p ordinary | Sale | 1,620 | 4.6734 GBP | ||||
| 32 17/19p ordinary | Sale | 1,619 | 4.6620 GBP | ||||
| 32 17/19p ordinary | Sale | 1,611 | 4.6650 GBP | ||||
| 32 17/19p ordinary | Sale | 1,595 | 4.6720 GBP | ||||
| 32 17/19p ordinary | Sale | 1,460 | 4.6819 GBP | ||||
| 32 17/19p ordinary | Sale | 1,284 | 4.6700 GBP | ||||
| 32 17/19p ordinary | Sale | 1,180 | 4.6730 GBP | ||||
| 32 17/19p ordinary | Sale | 1,083 | 4.6767 GBP | ||||
| 32 17/19p ordinary | Sale | 1,054 | 4.6715 GBP | ||||
| 32 17/19p ordinary | Sale | 892 | 4.6740 GBP | ||||
| 32 17/19p ordinary | Sale | 884 | 4.6695 GBP | ||||
| 32 17/19p ordinary | Sale | 750 | 4.6641 GBP | ||||
| 32 17/19p ordinary | Sale | 608 | 4.6510 GBP | ||||
| 32 17/19p ordinary | Sale | 513 | 4.6665 GBP | ||||
| 32 17/19p ordinary | Sale | 407 | 4.6744 GBP | ||||
| 32 17/19p ordinary | Sale | 359 | 4.6480 GBP | ||||
| 32 17/19p ordinary | Sale | 101 | 4.6660 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 | 608 | 4.6510 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 4,592 | 4.6540 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 32 | 4.6549 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 4,148 | 4.6554 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 5,987 | 4.6625 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 4,118 | 4.6635 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 87,059 | 4.6655 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 30,566 | 4.6670 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 9,700 | 4.6671 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 5,795 | 4.6678 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 19,048 | 4.6683 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 700 | 4.6686 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 742 | 4.6700 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,646 | 4.6703 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 103,081 | 4.6718 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 18,776 | 4.6724 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 6,903 | 4.6731 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 7,125 | 4.6750 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 88,857 | 4.6755 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 200 | 4.6756 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 154,228 | 4.6758 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 347,016 | 4.6759 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 95 | 4.6767 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 479 | 4.6562 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 272,533 | 4.6580 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 95,612 | 4.6675 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 21,847 | 4.6681 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 30,897 | 4.6684 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 33,099 | 4.6685 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 11,035 | 4.6686 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 159 | 4.6698 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 3,885 | 4.6702 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 192,113 | 4.6711 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 9,058 | 4.6729 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 115,513 | 4.6732 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,822 | 4.6738 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 35,660 | 4.6758 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 699,817 | 4.6760 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 3,701 | 4.6762 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 43,101 | 4.6763 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,711 | 4.6767 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 62,483 | 4.6647 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 5,360 | 4.6721 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Short | 51,948 | 4.6756 GBP | |||
| 32 17/19p ordinary | CFD | Opening Long | 1,021,695 | 4.6760 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 3,040 | 4.6519 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 12,847 | 4.6627 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 549 | 4.6759 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 778,157 | 4.6760 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: | 18 Dec 2024 | ||||||
| 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 | -322,250 | 4.2985 | European |
| |
| 32 17/19p ordinary | Call Options | Written | -310,559 | 4.5547 | European |
| |
| 32 17/19p ordinary | Call Options | Written | -241,322 | 4.4050 | European |
| |
| 32 17/19p ordinary | Call Options | Written | -120,791 | 5.3305 | European |
| |
| 32 17/19p ordinary | Call Options | Written | -104,578 | 5.3176 | European |
| |
|
|
|
|
|
|
|
|
|
| 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: | |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
