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: | Jefferies International Limited |
| (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
|
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | 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: For an opening position disclosure, state the latest practicable date prior to the disclosure |
7th April 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? If it is a cash offer or possible cash offer, state "N/A" |
Direct Line Insurance Group plc
|
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: | 1,471,380 | 0.054 |
|
|
| (2) Cash-settled derivatives:
| 7,004,215 | 0.261 | 8,475,595 | 0.316 |
| (3) Stock-settled derivatives 9,046,722 (including options) and agreements to purchase/sell: |
|
|
|
|
| TOTAL: | 8,475,595 | 0.316 | 8,475,595 | 0.316 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee 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
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant security | Purchase/sale
| Number of securities | Price per unit (GBX) |
| 32 17/19p ordinary | Purchases
Sales | 4,166 644 2,500 4,308 2,168 2,827 104,726 1,223 599 7,643 4,824 6,354 543 7,160 12,574 16,361 1,226 426,589 10,725 4,549 2,006 1,739 7,803 13,152 3,107 7,218 3,003 3,811 8,988 6,488 1,713 531 3,733 2,060 36,865 171,525 2,648 44,086 373 1,352 246 2,434 9,095 96 1,515 8,786 749 8,610 3,563 4,814 6,804 1,437 3,722 631 14,137 4,937 132 5,699 2,945 3,691 14,116 3,431 315 89 403 32,625 145 12,022 1,925 8,645 5,568 223 3,527 392 1,743 354 302 672 2,388 1,861 5,622 5,929 762 4,570 5,884 714 3,129 6,602 1,626 486 6,701 6,144 1,863,551 6,985 233 8,968 1,136 492 833 3,106 880 1,368 2,590 948 348 923 317 27 1,156 637
202 67 269 269 538 2,137 94 356 662 332 331 2,940 328 2,831 10,152 328 848 330 536 260 1,000 1,770 939 2,720 1,574 534 2,585 2,314 167 105,775 2,680 1,577 1,337 3,567 764 1,467 881 884 285 1,229 2,284 1,026 936 1,868 5,491 2,129 194,970 378 845 2,489 60 690 200 1,148 120 1,337 3,117 1,412 99,067 4,530 1,132 16,473 332 31,626 352 136,203 354 1,522 177 190 200 3,313 122,960 3,580 1,133 1,200 796 52,829 328 320 86 278,638 1,955 1,944 117 156,303 628 1,454 1,049 1,862 299 1,946 1,943 15,530 1,445 3,798 877 3,197 637 95,871 | 492.2000 492.4000 492.5000 492.6000 492.7000 492.8000 493.1000 493.2000 493.3000 493.4000 493.5000 493.7000 493.8000 493.9000 494.0000 494.3000 494.4000 494.5772 494.6000 494.7000 494.8000 494.8500 494.9000 495.0000 495.1000 495.2000 495.3000 495.4000 495.5000 495.6000 495.7000 495.8000 495.9000 496.0000 496.0500 496.0904 496.1000 496.3000 496.4000 496.5000 496.5500 497.0000 497.1000 497.3000 497.4000 497.7000 497.7500 497.8000 497.9000 498.0000 498.1000 498.2000 498.3000 498.3500 498.3828 498.4000 498.4500 498.5000 498.5500 498.6000 498.6012 498.6500 498.7500 498.8000 498.8500 498.9000 498.9500 499.0000 499.0500 499.1000 499.2000 499.2500 499.3000 499.5000 499.6000 499.6500 499.7000 499.7500 499.9000 500.0000 500.2000 500.4000 500.5000 500.6000 500.8000 500.9000 501.0000 501.2000 501.2157 501.4000 501.6000 501.8000 502.0000 504.8000 504.9000 505.0000 505.3000 507.1000 507.2000 507.3000 507.4000 507.5000 507.6000 507.7000 507.9000 508.5000 511.1000 511.6000 511.8000 521.0000
490.3000 490.7500 490.8000 490.8500 491.0000 491.0500 491.1000 491.2000 491.3000 491.5500 491.6000 491.7000 491.7500 491.8000 491.8058 492.0000 492.3000 492.3500 492.4000 492.4500 492.5000 492.6000 492.7000 492.7500 492.8000 492.8500 492.9000 493.0000 493.0500 493.1000 493.2000 493.2500 493.3000 493.4000 493.4500 493.5000 493.6000 493.7000 493.8000 493.8500 493.9000 494.0000 494.0500 494.1000 494.2000 494.3000 494.3500 494.4000 494.5000 494.6000 494.6500 494.7000 494.7500 494.9000 494.9500 495.0000 495.1000 495.1500 495.2000 495.2500 495.3000 495.3500 495.4000 495.4500 495.5000 495.5089 495.5500 495.6000 495.7000 495.9000 495.9500 496.0000 496.0500 496.1000 496.1500 496.2000 496.2500 496.4000 496.5000 496.6000 497.0099 497.1296 497.7000 497.8000 497.8099 498.1916 498.4000 499.0000 499.1000 499.2000 499.7600 500.2000 500.8000 500.9202 501.0000 501.2000 501.4000 501.6000 521.0104 526.5183 |
(b) Cash-settled derivative transactions
| Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBX) |
| 32 17/19p ordinary | Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap Swap | Increasing a Long Position Increasing a Long Position Increasing a Long Position Increasing a Long Position Increasing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position Reducing a Long Position | 557,421 10,152 136,203 95,871 557,421 81,579 24,779 61,947 123,895 57,967 58,366 69,561 28,984 42,275 28,984 57,967 4,659 2,443 14,492 3,265 39,273 11,593 21,982 115,935 24,346 63,764 115,935 28,984 120,320 19,077 22,314 53,554 32,547 44,936 44,628 22,314 44,628 11,157 1,881 3,587 2,514 30,236 8,926 63,046 49,091 8,876 4,583 4,615 2,292 5,500 3,343 2,292 4,583 193 1,146 369 258 3,105 917 4,486 5,042 9,166 1,925 2,292 18,245 12,023 10,088 5,009 7,307 5,009 10,019 10,019 2,505 805 422 565 6,788 2,004 5,009 11,021 13,961 20,038 | 490.6000 491.8058 495.5089 526.5183 490.6000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 502.0000 |
· Please note, please also see other deal section at the bottom of the form.
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
| Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
| | | | | | | | |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
|
|
|
|
|
(d) Other dealings (including subscribing for new securities)
| Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
|
|
|
|
|
4. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
| 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
| None |
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | 8th April 2025 |
Contact name: | Jason Williams |
Telephone number | 020 7029 8706 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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.
