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28 April 2025 23:06:53
- Source: Sharecast

FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
AVIVA PLC |
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relevant securities this form relates: |
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(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: |
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(e) |
Date position held/dealing undertaken: |
25 Apr 2025 |
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(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 |
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(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 |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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11,127,966 |
0.42% |
16,432,245 |
0.61% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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15,702,065 |
0.59% |
9,824,564 |
0.37% |
(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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26,830,031 |
1.00% |
26,482,175 |
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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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32 17/19p ordinary |
Purchase |
100,000 |
5.3898 GBP |
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32 17/19p ordinary |
Purchase |
95,832 |
5.4110 GBP |
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32 17/19p ordinary |
Purchase |
78,107 |
5.4124 GBP |
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32 17/19p ordinary |
Purchase |
60,078 |
5.4160 GBP |
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32 17/19p ordinary |
Purchase |
50,823 |
5.4375 GBP |
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32 17/19p ordinary |
Purchase |
45,864 |
5.4380 GBP |
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32 17/19p ordinary |
Purchase |
43,583 |
5.4290 GBP |
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32 17/19p ordinary |
Purchase |
28,124 |
5.4308 GBP |
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32 17/19p ordinary |
Purchase |
27,440 |
5.4072 GBP |
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32 17/19p ordinary |
Purchase |
24,329 |
5.4021 GBP |
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32 17/19p ordinary |
Purchase |
24,063 |
5.4374 GBP |
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32 17/19p ordinary |
Purchase |
19,854 |
5.4098 GBP |
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32 17/19p ordinary |
Purchase |
13,866 |
5.4010 GBP |
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32 17/19p ordinary |
Purchase |
13,050 |
5.4337 GBP |
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32 17/19p ordinary |
Purchase |
12,564 |
5.4088 GBP |
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32 17/19p ordinary |
Purchase |
11,590 |
5.4073 GBP |
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32 17/19p ordinary |
Purchase |
6,381 |
5.4003 GBP |
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32 17/19p ordinary |
Purchase |
6,301 |
5.4080 GBP |
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ADR |
Purchase |
5,862 |
14.5778 USD |
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32 17/19p ordinary |
Purchase |
4,646 |
5.4015 GBP |
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32 17/19p ordinary |
Purchase |
4,518 |
5.3819 GBP |
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32 17/19p ordinary |
Purchase |
3,724 |
5.3830 GBP |
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32 17/19p ordinary |
Purchase |
3,620 |
5.4240 GBP |
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32 17/19p ordinary |
Purchase |
3,357 |
5.3880 GBP |
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32 17/19p ordinary |
Purchase |
3,305 |
5.4042 GBP |
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32 17/19p ordinary |
Purchase |
3,232 |
5.4038 GBP |
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32 17/19p ordinary |
Purchase |
2,296 |
5.4059 GBP |
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32 17/19p ordinary |
Purchase |
2,190 |
5.4164 GBP |
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32 17/19p ordinary |
Purchase |
1,574 |
5.4100 GBP |
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32 17/19p ordinary |
Purchase |
1,498 |
5.4159 GBP |
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32 17/19p ordinary |
Purchase |
1,382 |
5.3868 GBP |
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32 17/19p ordinary |
Purchase |
1,328 |
5.3983 GBP |
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32 17/19p ordinary |
Purchase |
1,179 |
5.4048 GBP |
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32 17/19p ordinary |
Purchase |
1,108 |
5.4118 GBP |
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32 17/19p ordinary |
Purchase |
1,044 |
5.4023 GBP |
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32 17/19p ordinary |
Purchase |
907 |
5.4200 GBP |
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32 17/19p ordinary |
Purchase |
835 |
5.4120 GBP |
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32 17/19p ordinary |
Purchase |
781 |
5.3986 GBP |
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32 17/19p ordinary |
Purchase |
600 |
5.4198 GBP |
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32 17/19p ordinary |
Purchase |
511 |
5.4180 GBP |
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32 17/19p ordinary |
Purchase |
399 |
5.3980 GBP |
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32 17/19p ordinary |
Purchase |
306 |
5.3960 GBP |
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32 17/19p ordinary |
Purchase |
280 |
5.4090 GBP |
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32 17/19p ordinary |
Purchase |
262 |
5.4280 GBP |
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32 17/19p ordinary |
Purchase |
223 |
5.3910 GBP |
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32 17/19p ordinary |
Sale |
658,713 |
5.4362 GBP |
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32 17/19p ordinary |
Sale |
103,644 |
5.4042 GBP |
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32 17/19p ordinary |
Sale |
97,505 |
5.4379 GBP |
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32 17/19p ordinary |
Sale |
77,668 |
5.4144 GBP |
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32 17/19p ordinary |
Sale |
73,953 |
5.4217 GBP |
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32 17/19p ordinary |
Sale |
72,231 |
5.4085 GBP |
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32 17/19p ordinary |
Sale |
53,220 |
5.4376 GBP |
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32 17/19p ordinary |
Sale |
51,044 |
5.3896 GBP |
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32 17/19p ordinary |
Sale |
46,786 |
5.4171 GBP |
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32 17/19p ordinary |
Sale |
45,986 |
5.4377 GBP |
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32 17/19p ordinary |
Sale |
37,786 |
5.4132 GBP |
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32 17/19p ordinary |
Sale |
37,780 |
5.4247 GBP |
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32 17/19p ordinary |
Sale |
36,290 |
5.4072 GBP |
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32 17/19p ordinary |
Sale |
21,231 |
5.4139 GBP |
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32 17/19p ordinary |
Sale |
20,137 |
5.4130 GBP |
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32 17/19p ordinary |
Sale |
18,530 |
5.4380 GBP |
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32 17/19p ordinary |
Sale |
17,887 |
5.3980 GBP |
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32 17/19p ordinary |
Sale |
17,684 |
5.4068 GBP |
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32 17/19p ordinary |
Sale |
13,761 |
5.3902 GBP |
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32 17/19p ordinary |
Sale |
13,598 |
5.3899 GBP |
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32 17/19p ordinary |
Sale |
13,305 |
5.4155 GBP |
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32 17/19p ordinary |
Sale |
11,036 |
5.4023 GBP |
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32 17/19p ordinary |
Sale |
10,092 |
5.4193 GBP |
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32 17/19p ordinary |
Sale |
9,809 |
5.3872 GBP |
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32 17/19p ordinary |
Sale |
9,495 |
5.4369 GBP |
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32 17/19p ordinary |
Sale |
7,751 |
5.3944 GBP |
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32 17/19p ordinary |
Sale |
7,547 |
5.4120 GBP |
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32 17/19p ordinary |
Sale |
7,401 |
5.4146 GBP |
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32 17/19p ordinary |
Sale |
6,636 |
5.4007 GBP |
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ADR |
Sale |
5,862 |
14.5778 USD |
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32 17/19p ordinary |
Sale |
4,771 |
5.4128 GBP |
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32 17/19p ordinary |
Sale |
4,620 |
5.4192 GBP |
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32 17/19p ordinary |
Sale |
4,582 |
5.3992 GBP |
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32 17/19p ordinary |
Sale |
4,207 |
5.4280 GBP |
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32 17/19p ordinary |
Sale |
4,154 |
5.4029 GBP |
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32 17/19p ordinary |
Sale |
4,122 |
5.3895 GBP |
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32 17/19p ordinary |
Sale |
3,728 |
5.4126 GBP |
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32 17/19p ordinary |
Sale |
2,959 |
5.4148 GBP |
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32 17/19p ordinary |
Sale |
2,283 |
5.4162 GBP |
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32 17/19p ordinary |
Sale |
2,050 |
5.4214 GBP |
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32 17/19p ordinary |
Sale |
2,037 |
5.3880 GBP |
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32 17/19p ordinary |
Sale |
1,752 |
5.3884 GBP |
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32 17/19p ordinary |
Sale |
1,622 |
5.4176 GBP |
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32 17/19p ordinary |
Sale |
1,350 |
5.4066 GBP |
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32 17/19p ordinary |
Sale |
1,244 |
5.4045 GBP |
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32 17/19p ordinary |
Sale |
1,076 |
5.4135 GBP |
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32 17/19p ordinary |
Sale |
1,057 |
5.4100 GBP |
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32 17/19p ordinary |
Sale |
982 |
5.4145 GBP |
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32 17/19p ordinary |
Sale |
895 |
5.4018 GBP |
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32 17/19p ordinary |
Sale |
843 |
5.4125 GBP |
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32 17/19p ordinary |
Sale |
820 |
5.4140 GBP |
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32 17/19p ordinary |
Sale |
621 |
5.4150 GBP |
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32 17/19p ordinary |
Sale |
601 |
5.4200 GBP |
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32 17/19p ordinary |
Sale |
552 |
5.3995 GBP |
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32 17/19p ordinary |
Sale |
530 |
5.3915 GBP |
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32 17/19p ordinary |
Sale |
280 |
5.4090 GBP |
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32 17/19p ordinary |
Sale |
223 |
5.3910 GBP |
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32 17/19p ordinary |
Sale |
128 |
5.4160 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
649 |
5.3836 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1,126 |
5.3866 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1,752 |
5.3884 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
530 |
5.3915 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
17,488 |
5.3980 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
552 |
5.3995 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
11,036 |
5.4023 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1,004 |
5.4031 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
103,644 |
5.4042 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
20,601 |
5.4061 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
36,290 |
5.4072 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
7,491 |
5.4091 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
8,400 |
5.4102 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
4,771 |
5.4128 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
20,137 |
5.4130 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
37,786 |
5.4132 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1,076 |
5.4135 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
21,231 |
5.4139 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
80,239 |
5.4144 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
7,401 |
5.4146 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
2,959 |
5.4148 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
13,305 |
5.4155 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
26,304 |
5.4157 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1,622 |
5.4176 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
4,620 |
5.4192 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
10,092 |
5.4193 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
17,911 |
5.4196 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
1 |
5.4200 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
2,050 |
5.4214 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
68,643 |
5.4277 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
9,495 |
5.4369 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
70,122 |
5.4371 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
53,220 |
5.4376 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
45,986 |
5.4377 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
97,505 |
5.4379 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Short |
365,304 |
5.4380 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
4,518 |
5.3819 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
3,724 |
5.3830 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
6,381 |
5.4003 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
24,329 |
5.4021 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
2,336 |
5.4030 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
10,875 |
5.4037 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
3,244 |
5.4049 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
25,483 |
5.4071 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
93,364 |
5.4110 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
970 |
5.4120 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
59,772 |
5.4160 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
139 |
5.4180 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
20,555 |
5.4226 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
37,564 |
5.4333 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Short |
13,050 |
5.4337 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
25,053 |
5.4380 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Short |
40,346 |
5.4382 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Long |
1,000 |
5.4054 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Long |
20,900 |
5.4380 GBP |
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32 17/19p ordinary |
CFD |
Increasing Long |
669 |
5.3816 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
8,023 |
5.4122 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
1,441 |
5.4142 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
12,044 |
5.4192 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
157,478 |
5.4375 GBP |
|||
32 17/19p ordinary |
CFD |
Decreasing Long |
3,497 |
5.4123 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 |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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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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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
YES |
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Date of disclosure: |
28 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO |
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PURCHASE OR SELL ETC. |
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Note 5(i) on Rule 8 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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Identity of the person whose positions/dealings |
Barclays PLC. |
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are being disclosed: |
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Name of offeror/offeree in relation to whose |
AVIVA PLC |
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relevant securities this from relates: |
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2. |
OPTIONS AND DERIVATIVES |
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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 |
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32 17/19p ordinary |
Call Options |
Written |
-120,784 |
5.3305 |
European |
06-Jun-26 |
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32 17/19p ordinary |
Call Options |
Written |
-104,582 |
5.3176 |
European |
05-Jun-26 |
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3. |
AGREEMENTS TO PURCHASE OR SELL ETC. |
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Full details should be given so that the nature of the interest or position can be fully understood: |
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