| FORM 8.3 | |||||||
| Amendment - this form replaces RNS number 3998D published at 15:04 on 02/04/2025 changes made to section 2a and 3b | |||||||
| 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: | 01 Apr 2025 | |||||
| (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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| 15,856,316 | 0.59% | 15,873,989 | 0.59% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,114,868 | 0.53% | 10,514,780 | 0.39% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,367 | 0.01% |
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| TOTAL: |
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| 29,971,184 | 1.12% | 26,614,136 | 0.99% |
| (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 |
| ||||
| 32 17/19p ordinary | Purchase | 205,924 | 5.5708 GBP | ||||
| 32 17/19p ordinary | Purchase | 198,791 | 5.5860 GBP | ||||
| 32 17/19p ordinary | Purchase | 154,723 | 5.5429 GBP | ||||
| 32 17/19p ordinary | Purchase | 135,099 | 5.5893 GBP | ||||
| 32 17/19p ordinary | Purchase | 133,600 | 5.5481 GBP | ||||
| 32 17/19p ordinary | Purchase | 78,342 | 5.5492 GBP | ||||
| 32 17/19p ordinary | Purchase | 71,251 | 5.5703 GBP | ||||
| 32 17/19p ordinary | Purchase | 45,776 | 5.5535 GBP | ||||
| 32 17/19p ordinary | Purchase | 36,863 | 5.5744 GBP | ||||
| 32 17/19p ordinary | Purchase | 25,252 | 5.5783 GBP | ||||
| 32 17/19p ordinary | Purchase | 24,083 | 5.5626 GBP | ||||
| 32 17/19p ordinary | Purchase | 22,334 | 5.5660 GBP | ||||
| 32 17/19p ordinary | Purchase | 22,271 | 5.5274 GBP | ||||
| 32 17/19p ordinary | Purchase | 19,577 | 5.5498 GBP | ||||
| 32 17/19p ordinary | Purchase | 19,243 | 5.5416 GBP | ||||
| 32 17/19p ordinary | Purchase | 18,900 | 5.5537 GBP | ||||
| 32 17/19p ordinary | Purchase | 18,506 | 5.5605 GBP | ||||
| 32 17/19p ordinary | Purchase | 18,272 | 5.5627 GBP | ||||
| 32 17/19p ordinary | Purchase | 18,199 | 5.5500 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,549 | 5.5615 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,304 | 5.5868 GBP | ||||
| 32 17/19p ordinary | Purchase | 16,828 | 5.5681 GBP | ||||
| 32 17/19p ordinary | Purchase | 14,882 | 5.5683 GBP | ||||
| 32 17/19p ordinary | Purchase | 14,390 | 5.5363 GBP | ||||
| 32 17/19p ordinary | Purchase | 12,558 | 5.5592 GBP | ||||
| 32 17/19p ordinary | Purchase | 12,190 | 5.5770 GBP | ||||
| 32 17/19p ordinary | Purchase | 10,751 | 5.5549 GBP | ||||
| 32 17/19p ordinary | Purchase | 10,005 | 5.5694 GBP | ||||
| 32 17/19p ordinary | Purchase | 9,500 | 5.5448 GBP | ||||
| 32 17/19p ordinary | Purchase | 9,456 | 5.5593 GBP | ||||
| 32 17/19p ordinary | Purchase | 7,886 | 5.5685 GBP | ||||
| 32 17/19p ordinary | Purchase | 7,171 | 5.5469 GBP | ||||
| 32 17/19p ordinary | Purchase | 6,111 | 5.5576 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,658 | 5.5625 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,840 | 5.5454 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,445 | 5.5657 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,128 | 5.5348 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,369 | 5.5419 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,332 | 5.5383 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,234 | 5.5480 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,010 | 5.5731 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,923 | 5.5486 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,611 | 5.5644 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,214 | 5.5729 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,040 | 5.5706 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,967 | 5.5634 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,795 | 5.5720 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,564 | 5.5570 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,394 | 5.5608 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,218 | 5.5760 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,129 | 5.5959 GBP | ||||
| 32 17/19p ordinary | Purchase | 861 | 5.5200 GBP | ||||
| 32 17/19p ordinary | Purchase | 837 | 5.5700 GBP | ||||
| 32 17/19p ordinary | Purchase | 764 | 5.5420 GBP | ||||
| 32 17/19p ordinary | Purchase | 758 | 5.5650 GBP | ||||
| 32 17/19p ordinary | Purchase | 658 | 5.5780 GBP | ||||
| 32 17/19p ordinary | Purchase | 627 | 5.5919 GBP | ||||
| 32 17/19p ordinary | Purchase | 620 | 5.5421 GBP | ||||
| 32 17/19p ordinary | Purchase | 559 | 5.5580 GBP | ||||
| 32 17/19p ordinary | Purchase | 546 | 5.5920 GBP | ||||
| 32 17/19p ordinary | Purchase | 467 | 5.5520 GBP | ||||
| 32 17/19p ordinary | Purchase | 382 | 5.5370 GBP | ||||
| 32 17/19p ordinary | Purchase | 242 | 5.5340 GBP | ||||
| 32 17/19p ordinary | Purchase | 218 | 5.5560 GBP | ||||
| 32 17/19p ordinary | Purchase | 164 | 5.5620 GBP | ||||
| 32 17/19p ordinary | Purchase | 163 | 5.5794 GBP | ||||
| 32 17/19p ordinary | Purchase | 156 | 5.5483 GBP | ||||
| 32 17/19p ordinary | Purchase | 56 | 5.5755 GBP | ||||
| 32 17/19p ordinary | Purchase | 33 | 5.5540 GBP | ||||
| 32 17/19p ordinary | Purchase | 17 | 5.5640 GBP | ||||
| 32 17/19p ordinary | Purchase | 15 | 5.5400 GBP | ||||
| ADR | Purchase | 4 | 14.5600 USD | ||||
| 32 17/19p ordinary | Purchase | 1 | 5.6100 GBP | ||||
| 32 17/19p ordinary | Sale | 643,469 | 5.5860 GBP | ||||
| 32 17/19p ordinary | Sale | 393,044 | 5.5856 GBP | ||||
| 32 17/19p ordinary | Sale | 175,433 | 5.5749 GBP | ||||
| 32 17/19p ordinary | Sale | 158,414 | 5.5400 GBP | ||||
| 32 17/19p ordinary | Sale | 107,119 | 5.5846 GBP | ||||
| 32 17/19p ordinary | Sale | 89,377 | 5.5709 GBP | ||||
| 32 17/19p ordinary | Sale | 83,503 | 5.5785 GBP | ||||
| 32 17/19p ordinary | Sale | 81,973 | 5.5688 GBP | ||||
| 32 17/19p ordinary | Sale | 72,145 | 5.5691 GBP | ||||
| 32 17/19p ordinary | Sale | 59,572 | 5.5787 GBP | ||||
| 32 17/19p ordinary | Sale | 58,222 | 5.5421 GBP | ||||
| 32 17/19p ordinary | Sale | 37,183 | 5.5848 GBP | ||||
| 32 17/19p ordinary | Sale | 29,076 | 5.5451 GBP | ||||
| 32 17/19p ordinary | Sale | 27,515 | 5.5528 GBP | ||||
| 32 17/19p ordinary | Sale | 23,244 | 5.5896 GBP | ||||
| 32 17/19p ordinary | Sale | 22,334 | 5.5660 GBP | ||||
| 32 17/19p ordinary | Sale | 17,838 | 5.5888 GBP | ||||
| 32 17/19p ordinary | Sale | 17,288 | 5.5883 GBP | ||||
| 32 17/19p ordinary | Sale | 14,489 | 5.5827 GBP | ||||
| 32 17/19p ordinary | Sale | 14,122 | 5.5478 GBP | ||||
| 32 17/19p ordinary | Sale | 11,195 | 5.5853 GBP | ||||
| 32 17/19p ordinary | Sale | 8,914 | 5.5623 GBP | ||||
| 32 17/19p ordinary | Sale | 6,785 | 5.5265 GBP | ||||
| 32 17/19p ordinary | Sale | 6,700 | 5.5622 GBP | ||||
| 32 17/19p ordinary | Sale | 5,400 | 5.5335 GBP | ||||
| 32 17/19p ordinary | Sale | 4,799 | 5.5680 GBP | ||||
| 32 17/19p ordinary | Sale | 4,154 | 5.5252 GBP | ||||
| 32 17/19p ordinary | Sale | 3,541 | 5.5752 GBP | ||||
| 32 17/19p ordinary | Sale | 3,059 | 5.5491 GBP | ||||
| 32 17/19p ordinary | Sale | 2,077 | 5.5552 GBP | ||||
| 32 17/19p ordinary | Sale | 1,629 | 5.5377 GBP | ||||
| 32 17/19p ordinary | Sale | 1,595 | 5.5640 GBP | ||||
| 32 17/19p ordinary | Sale | 1,462 | 5.5763 GBP | ||||
| 32 17/19p ordinary | Sale | 1,218 | 5.5760 GBP | ||||
| 32 17/19p ordinary | Sale | 1,199 | 5.5539 GBP | ||||
| 32 17/19p ordinary | Sale | 1,161 | 5.5720 GBP | ||||
| 32 17/19p ordinary | Sale | 1,016 | 5.5650 GBP | ||||
| 32 17/19p ordinary | Sale | 861 | 5.5200 GBP | ||||
| 32 17/19p ordinary | Sale | 837 | 5.5700 GBP | ||||
| 32 17/19p ordinary | Sale | 816 | 5.5654 GBP | ||||
| 32 17/19p ordinary | Sale | 750 | 5.5945 GBP | ||||
| 32 17/19p ordinary | Sale | 666 | 5.5643 GBP | ||||
| 32 17/19p ordinary | Sale | 658 | 5.5780 GBP | ||||
| 32 17/19p ordinary | Sale | 559 | 5.5580 GBP | ||||
| 32 17/19p ordinary | Sale | 541 | 5.5838 GBP | ||||
| 32 17/19p ordinary | Sale | 467 | 5.5520 GBP | ||||
| 32 17/19p ordinary | Sale | 426 | 5.5653 GBP | ||||
| 32 17/19p ordinary | Sale | 308 | 5.5671 GBP | ||||
| 32 17/19p ordinary | Sale | 242 | 5.5340 GBP | ||||
| 32 17/19p ordinary | Sale | 218 | 5.5560 GBP | ||||
| 32 17/19p ordinary | Sale | 155 | 5.5488 GBP | ||||
| 32 17/19p ordinary | Sale | 136 | 5.5556 GBP | ||||
| 32 17/19p ordinary | Sale | 33 | 5.5540 GBP | ||||
| 32 17/19p ordinary | Sale | 19 | 5.5689 GBP | ||||
| ADR | Sale | 4 | 14.5600 USD | ||||
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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 | Increasing Long | 58,222 | 5.5421 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Long | 8,308 | 5.5452 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Long | 43,198 | 5.5460 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 4,753 | 5.5680 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 200 | 5.5699 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 89,377 | 5.5709 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 31 | 5.5712 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 79 | 5.5746 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 25,690 | 5.5748 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,464 | 5.5752 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 34,627 | 5.5764 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 82,845 | 5.5785 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,537 | 5.5792 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 14,812 | 5.5818 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 32,471 | 5.5829 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 37,183 | 5.5848 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 9,062 | 5.5856 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 87,777 | 5.5857 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 186,435 | 5.5860 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 170,185 | 5.5864 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 13,919 | 5.5880 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 17,838 | 5.5888 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 23,244 | 5.5896 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 1,832 | 5.5987 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 10,203 | 5.5192 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 13,093 | 5.5318 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 391 | 5.5420 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 154,723 | 5.5429 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 9,500 | 5.5448 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,840 | 5.5454 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 133,600 | 5.5481 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 156 | 5.5483 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 78,342 | 5.5492 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 19,577 | 5.5498 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 124,018 | 5.5609 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 24,083 | 5.5626 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 35,182 | 5.5636 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,011 | 5.5642 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 7,597 | 5.5771 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 3,373 | 5.5806 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 16,536 | 5.5827 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 17,304 | 5.5868 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 135,099 | 5.5893 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 169 | 5.6060 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,265 | 5.6100 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Long | 3,967 | 5.5465 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Long | 200 | 5.6020 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 226 | 5.5667 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 7,148 | 5.5701 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 2,049 | 5.6090 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 9,421 | 5.6096 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 45,364 | 5.5362 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 18,199 | 5.5500 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 7,967 | 5.5596 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 9,421 | 5.5863 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Long | 56 | 5.5756 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 | |||
| security |
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| securities | unit | |||
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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: | 11 Apr 2025 | ||||||
| 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 | -120,787 | 5.3305 | European | 06 Jun 2025 | |
| 32 17/19p ordinary | Call Options | Written | -104,580 | 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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