| FORM 8.3 | |||||||
| Amendment - this form replaces RNS number 9683C published at 14:42 on 31/03/2025 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: | 28 Mar 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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| 16,416,133 | 0.61% | 15,240,672 | 0.57% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,156,575 | 0.53% | 11,088,331 | 0.41% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,366 | 0.01% |
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| TOTAL: |
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| 30,572,708 | 1.14% | 26,554,369 | 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 | 271,516 | 5.6060 GBP | ||||
| 32 17/19p ordinary | Purchase | 224,765 | 5.6009 GBP | ||||
| 32 17/19p ordinary | Purchase | 195,153 | 5.6052 GBP | ||||
| 32 17/19p ordinary | Purchase | 166,349 | 5.6061 GBP | ||||
| 32 17/19p ordinary | Purchase | 97,983 | 5.6051 GBP | ||||
| 32 17/19p ordinary | Purchase | 74,077 | 5.5970 GBP | ||||
| 32 17/19p ordinary | Purchase | 72,398 | 5.6026 GBP | ||||
| 32 17/19p ordinary | Purchase | 72,088 | 5.6055 GBP | ||||
| 32 17/19p ordinary | Purchase | 50,767 | 5.6007 GBP | ||||
| 32 17/19p ordinary | Purchase | 44,872 | 5.6137 GBP | ||||
| 32 17/19p ordinary | Purchase | 43,002 | 5.6104 GBP | ||||
| 32 17/19p ordinary | Purchase | 34,898 | 5.6049 GBP | ||||
| 32 17/19p ordinary | Purchase | 29,430 | 5.5999 GBP | ||||
| 32 17/19p ordinary | Purchase | 27,868 | 5.6018 GBP | ||||
| 32 17/19p ordinary | Purchase | 26,961 | 5.6027 GBP | ||||
| 32 17/19p ordinary | Purchase | 26,894 | 5.6075 GBP | ||||
| 32 17/19p ordinary | Purchase | 26,178 | 5.6169 GBP | ||||
| 32 17/19p ordinary | Purchase | 23,680 | 5.6056 GBP | ||||
| 32 17/19p ordinary | Purchase | 22,869 | 5.6016 GBP | ||||
| 32 17/19p ordinary | Purchase | 22,400 | 5.6109 GBP | ||||
| 32 17/19p ordinary | Purchase | 21,856 | 5.6069 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,916 | 5.6108 GBP | ||||
| 32 17/19p ordinary | Purchase | 17,782 | 5.6081 GBP | ||||
| 32 17/19p ordinary | Purchase | 12,946 | 5.6173 GBP | ||||
| 32 17/19p ordinary | Purchase | 10,783 | 5.6037 GBP | ||||
| 32 17/19p ordinary | Purchase | 9,466 | 5.6093 GBP | ||||
| 32 17/19p ordinary | Purchase | 9,248 | 5.6113 GBP | ||||
| 32 17/19p ordinary | Purchase | 8,994 | 5.6035 GBP | ||||
| 32 17/19p ordinary | Purchase | 8,442 | 5.6077 GBP | ||||
| 32 17/19p ordinary | Purchase | 7,722 | 5.6073 GBP | ||||
| 32 17/19p ordinary | Purchase | 7,100 | 5.5954 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,842 | 5.6023 GBP | ||||
| 32 17/19p ordinary | Purchase | 5,116 | 5.6013 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,504 | 5.6084 GBP | ||||
| 32 17/19p ordinary | Purchase | 4,279 | 5.6076 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,614 | 5.5884 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,401 | 5.5880 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,125 | 5.5900 GBP | ||||
| 32 17/19p ordinary | Purchase | 3,048 | 5.5925 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,829 | 5.6020 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,708 | 5.6181 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,226 | 5.6129 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,143 | 5.6187 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,112 | 5.6090 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,077 | 5.6120 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,013 | 5.6059 GBP | ||||
| 32 17/19p ordinary | Purchase | 2,000 | 5.3305 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,871 | 5.6054 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,788 | 5.6004 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,582 | 5.5910 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,445 | 5.5980 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,431 | 5.6040 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,365 | 5.5940 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,343 | 5.6207 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,119 | 5.5800 GBP | ||||
| 32 17/19p ordinary | Purchase | 1,048 | 5.6080 GBP | ||||
| 32 17/19p ordinary | Purchase | 930 | 5.6000 GBP | ||||
| 32 17/19p ordinary | Purchase | 884 | 5.5960 GBP | ||||
| 32 17/19p ordinary | Purchase | 808 | 5.5930 GBP | ||||
| 32 17/19p ordinary | Purchase | 550 | 5.6160 GBP | ||||
| 32 17/19p ordinary | Purchase | 422 | 5.6200 GBP | ||||
| 32 17/19p ordinary | Purchase | 355 | 5.6170 GBP | ||||
| 32 17/19p ordinary | Purchase | 261 | 5.6070 GBP | ||||
| 32 17/19p ordinary | Purchase | 154 | 5.6140 GBP | ||||
| 32 17/19p ordinary | Purchase | 148 | 5.5920 GBP | ||||
| 32 17/19p ordinary | Purchase | 133 | 5.5860 GBP | ||||
| 32 17/19p ordinary | Purchase | 88 | 5.6048 GBP | ||||
| 32 17/19p ordinary | Sale | 436,779 | 5.6052 GBP | ||||
| 32 17/19p ordinary | Sale | 239,287 | 5.6060 GBP | ||||
| 32 17/19p ordinary | Sale | 166,708 | 5.6037 GBP | ||||
| 32 17/19p ordinary | Sale | 152,000 | 5.6102 GBP | ||||
| 32 17/19p ordinary | Sale | 129,948 | 5.6021 GBP | ||||
| 32 17/19p ordinary | Sale | 122,736 | 5.6056 GBP | ||||
| 32 17/19p ordinary | Sale | 111,755 | 5.6048 GBP | ||||
| 32 17/19p ordinary | Sale | 83,446 | 5.6011 GBP | ||||
| 32 17/19p ordinary | Sale | 69,638 | 5.5987 GBP | ||||
| 32 17/19p ordinary | Sale | 67,047 | 5.5991 GBP | ||||
| 32 17/19p ordinary | Sale | 44,957 | 5.6043 GBP | ||||
| 32 17/19p ordinary | Sale | 43,043 | 5.6033 GBP | ||||
| 32 17/19p ordinary | Sale | 36,409 | 5.6014 GBP | ||||
| 32 17/19p ordinary | Sale | 34,953 | 5.6104 GBP | ||||
| 32 17/19p ordinary | Sale | 34,577 | 5.6055 GBP | ||||
| 32 17/19p ordinary | Sale | 32,126 | 5.6000 GBP | ||||
| 32 17/19p ordinary | Sale | 28,537 | 5.6121 GBP | ||||
| 32 17/19p ordinary | Sale | 25,982 | 5.5978 GBP | ||||
| 32 17/19p ordinary | Sale | 25,774 | 5.6073 GBP | ||||
| 32 17/19p ordinary | Sale | 24,290 | 5.6094 GBP | ||||
| 32 17/19p ordinary | Sale | 18,136 | 5.6051 GBP | ||||
| 32 17/19p ordinary | Sale | 15,290 | 5.6059 GBP | ||||
| 32 17/19p ordinary | Sale | 14,202 | 5.6166 GBP | ||||
| 32 17/19p ordinary | Sale | 10,928 | 5.6069 GBP | ||||
| 32 17/19p ordinary | Sale | 8,958 | 5.6108 GBP | ||||
| 32 17/19p ordinary | Sale | 8,156 | 5.5982 GBP | ||||
| 32 17/19p ordinary | Sale | 6,922 | 5.6007 GBP | ||||
| 32 17/19p ordinary | Sale | 5,810 | 5.6086 GBP | ||||
| 32 17/19p ordinary | Sale | 3,677 | 5.6032 GBP | ||||
| 32 17/19p ordinary | Sale | 3,603 | 5.5975 GBP | ||||
| 32 17/19p ordinary | Sale | 3,223 | 5.6005 GBP | ||||
| 32 17/19p ordinary | Sale | 3,129 | 5.6082 GBP | ||||
| 32 17/19p ordinary | Sale | 3,038 | 5.5943 GBP | ||||
| 32 17/19p ordinary | Sale | 2,815 | 5.5983 GBP | ||||
| 32 17/19p ordinary | Sale | 2,774 | 5.5980 GBP | ||||
| 32 17/19p ordinary | Sale | 2,680 | 5.5950 GBP | ||||
| 32 17/19p ordinary | Sale | 2,557 | 5.5892 GBP | ||||
| 32 17/19p ordinary | Sale | 2,172 | 5.5994 GBP | ||||
| 32 17/19p ordinary | Sale | 2,077 | 5.6126 GBP | ||||
| 32 17/19p ordinary | Sale | 1,891 | 5.5900 GBP | ||||
| 32 17/19p ordinary | Sale | 1,889 | 5.6042 GBP | ||||
| 32 17/19p ordinary | Sale | 1,684 | 5.5955 GBP | ||||
| 32 17/19p ordinary | Sale | 1,677 | 5.6020 GBP | ||||
| 32 17/19p ordinary | Sale | 1,582 | 5.5910 GBP | ||||
| 32 17/19p ordinary | Sale | 1,527 | 5.6013 GBP | ||||
| 32 17/19p ordinary | Sale | 1,431 | 5.6040 GBP | ||||
| 32 17/19p ordinary | Sale | 1,365 | 5.5940 GBP | ||||
| 32 17/19p ordinary | Sale | 1,133 | 5.5880 GBP | ||||
| 32 17/19p ordinary | Sale | 1,119 | 5.5800 GBP | ||||
| 32 17/19p ordinary | Sale | 940 | 5.6080 GBP | ||||
| 32 17/19p ordinary | Sale | 870 | 5.6205 GBP | ||||
| 32 17/19p ordinary | Sale | 808 | 5.5930 GBP | ||||
| 32 17/19p ordinary | Sale | 769 | 5.6070 GBP | ||||
| 32 17/19p ordinary | Sale | 766 | 5.5960 GBP | ||||
| 32 17/19p ordinary | Sale | 384 | 5.6050 GBP | ||||
| 32 17/19p ordinary | Sale | 228 | 5.5941 GBP | ||||
| 32 17/19p ordinary | Sale | 148 | 5.5920 GBP | ||||
| 32 17/19p ordinary | Sale | 133 | 5.5860 GBP | ||||
| 32 17/19p ordinary | Sale | 85 | 5.5945 GBP | ||||
| 32 17/19p ordinary | Sale | 54 | 5.5990 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 | 40,005 | 5.5975 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 25,982 | 5.5978 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 700 | 5.5979 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 54 | 5.5989 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 23,372 | 5.6005 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 83,446 | 5.6011 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 46,765 | 5.6012 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 26,624 | 5.6013 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,396 | 5.6017 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 43,043 | 5.6033 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 4,862 | 5.6035 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 49,531 | 5.6036 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 16,843 | 5.6037 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 50,345 | 5.6038 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,132 | 5.6039 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 12,310 | 5.6048 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 49,050 | 5.6049 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 955 | 5.6056 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 3,614 | 5.6059 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 466,348 | 5.6060 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Short | 12,110 | 5.6088 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 4,148 | 5.5880 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 3,614 | 5.5884 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 13,077 | 5.5951 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 2,388 | 5.5953 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 8,590 | 5.5955 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,788 | 5.6004 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 50,767 | 5.6007 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 224,765 | 5.6009 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 5,116 | 5.6013 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 23,246 | 5.6016 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 5,842 | 5.6023 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 26,961 | 5.6027 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 10,783 | 5.6037 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 358 | 5.6043 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 190,311 | 5.6052 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,871 | 5.6054 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 45,920 | 5.6055 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 45,530 | 5.6060 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 147,485 | 5.6061 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 21,237 | 5.6062 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 54,547 | 5.6065 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 17,782 | 5.6081 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 148 | 5.6112 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 9,100 | 5.6113 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 550 | 5.6160 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Short | 1,068 | 5.6165 GBP | |||
| 32 17/19p ordinary | SWAP | Increasing Long | 876 | 5.5868 GBP | |||
| 32 17/19p ordinary | SWAP | Decreasing Long | 3,800 | 5.6060 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 2,764 | 5.5876 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 34,183 | 5.5974 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 23,164 | 5.5999 GBP | |||
| 32 17/19p ordinary | CFD | Increasing Long | 80,669 | 5.6042 GBP | |||
| 32 17/19p ordinary | CFD | Decreasing Long | 2,764 | 5.6063 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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| 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 | -120,786 | 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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