Source - LSE Regulatory
RNS Number : 3576C
Barclays PLC
26 March 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

 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:

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

 






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

 








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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END
 
 
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