Source - LSE Regulatory
RNS Number : 0874G
Jefferies International Limited.
24 April 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:

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

 

23rd 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:

1,255,484

0.046

 

 

(2) Cash-settled derivatives:

 

7,136,031

0.266

8,457,622

0.316

(3) Stock-settled derivatives 9,046,722 (including options) and agreements to purchase/sell:

 

 

 

 

TOTAL:

8,391,515

0.312

8,457,622

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

 

Purchase

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sale

74,446

 6,979

 57,556

 736

 2,876

 13,000

 34,885

 3,454

 5,453

 5,620

 130

 460,077

 496

 5,003

 12,304

 1,296

 6,000

 4,912

 13,824

 8,957

 5,209

 8,519

 6,344

 8,233

 5,912

 4,940

 13,400

 2,465

 1,100

 2,000

 3,347

 653

 24,992

 91,744

 2,000

 

127

 2,095

 1,121

 2,628

 821

 2,005

 1,491

 11,158

 126

 59,707

 2,679

 5,383

 4,896

 1,460

 607

 727

 1,311

 11,136

 1,671

 4,431

 1,222

 271

 2,976

 381

 5,000

 43,223

 3,486

 29,855

 573

 3,218

 717

 1,659

 4,064

 3,425

 3,924

 3,698

 1,021

 4,257

 2,083

 5,464

 1,629

 39,423

 1,908

 2,167

 1,303

 157,357

 1,820

 419,810

 1,981

 1,048

 511

 8,953

 4

 1,135

 390

 254

 2

 127

 4,000

 4,000

 70,000

 684

 5,000

 25,000

 20,000

 24,946

 25,000

 54

537.2161

537.4000

537.8442

538.4000

538.6000

538.8200

538.9192

539.0000

539.1000

539.2000

539.3000

539.4000

539.4335

539.4600

539.5000

539.6000

539.6400

539.7000

539.8000

539.8424

539.9000

540.0000

540.1000

540.2000

540.3000

540.4000

540.5000

540.6000

540.8000

541.0000

541.8000

542.0000

542.1516

542.2200

542.4600

 

535.1000

535.2000

535.3000

535.4000

535.5000

535.6000

535.7000

535.8000

535.9000

536.0000

536.1000

536.2000

536.3000

536.4000

536.5000

536.6000

536.7000

536.8000

536.9000

537.0000

537.1000

537.1800

537.2000

537.3000

537.3600

537.4000

537.5000

537.6000

537.7000

537.8000

537.9000

538.0000

538.1000

538.2000

538.3000

538.4000

538.5000

538.6000

538.7000

538.8000

538.9000

539.0000

539.1000

539.2000

539.3000

539.4000

539.5000

539.5200

539.6000

539.7000

539.8000

539.8424

539.9050

540.0000

540.2000

540.3000

540.4000

540.5000

541.0000

541.8300

542.0000

542.1600

542.3800

542.6000

543.0000

543.6000

543.8000

544.0000

 

 

 

(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

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Increasing a long position

Reducing a long position

1,983

6,133

3,223

9,942

12,850

18,206

496

539.4600

539.4600

539.4600

539.4600

539.4600

539.4600

539.4323

 

·      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:

24th 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
RETPPUQPCUPAGGC
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Aviva PLC (AV.)

+3.40p (+0.58%)
delayed 16:41PM
JavaScript chart by amCharts 3.4.4