Form 8.3 - Aviva plc.


    12 May 2025 12:20:41
  • Source: Sharecast
RNS Number : 2995I
Societe Generale SA
12 May 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:

SOCIETE GENERALE SA

(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

09/05/2025

(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"

Yes: 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:

40,751,786

1.52

51,168,718

1.91

(2)  Cash-settled derivatives:

 

16,131,877

0.60

621,851

0.02

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

0

0.00

0

0.00

TOTAL:

56,883,663

2.12

51,790,569

1.93

   

 

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

GBP

32 17/19p ordinary

Purchase

12,716

5.81029

32 17/19p ordinary

Purchase

19,872

5.84398

32 17/19p ordinary

Purchase

68

5.834

32 17/19p ordinary

Purchase

405

5.81

32 17/19p ordinary

Purchase

441

5.81

32 17/19p ordinary

Purchase

429

5.818

32 17/19p ordinary

Purchase

1,238

5.818

32 17/19p ordinary

Purchase

71

5.858

32 17/19p ordinary

Purchase

393

5.83983

32 17/19p ordinary

Purchase

213

5.834

32 17/19p ordinary

Purchase

325

5.834

32 17/19p ordinary

Purchase

5,470

5.834

32 17/19p ordinary

Purchase

7,341

5.834

32 17/19p ordinary

Purchase

9,053

5.834

32 17/19p ordinary

Purchase

11,399

5.834

32 17/19p ordinary

Purchase

710

5.834

32 17/19p ordinary

Purchase

976

5.834

32 17/19p ordinary

Purchase

1,945

5.794

32 17/19p ordinary

Purchase

1,695

5.816

32 17/19p ordinary

Purchase

1,963

5.816

32 17/19p ordinary

Sale

25,916

5.834

32 17/19p ordinary

Sale

3,000

5.83847

32 17/19p ordinary

Sale

4,340

5.83312

32 17/19p ordinary

Sale

266

5.80387

32 17/19p ordinary

Sale

5,511

5.83312

32 17/19p ordinary

Sale

3

5.8

32 17/19p ordinary

Sale

65

5.80708

32 17/19p ordinary

Sale

388

5.80168

32 17/19p ordinary

Sale

63,765

5.82597

32 17/19p ordinary

Sale

71

5.858

32 17/19p ordinary

Sale

71

5.846

32 17/19p ordinary

Sale

710

5.834

32 17/19p ordinary

Sale

71

5.858

32 17/19p ordinary

Sale

9

5.86

32 17/19p ordinary

Sale

165

5.815

32 17/19p ordinary

Sale

466

5.82

32 17/19p ordinary

Sale

1,489

5.848

32 17/19p ordinary

Sale

3

5.802

32 17/19p ordinary

Sale

3

5.84

32 17/19p ordinary

Sale

5

5.832

32 17/19p ordinary

Sale

6

5.798

32 17/19p ordinary

Sale

6

5.808

32 17/19p ordinary

Sale

7

5.802

32 17/19p ordinary

Sale

10

5.81

32 17/19p ordinary

Sale

14

5.84

32 17/19p ordinary

Sale

20

5.81

32 17/19p ordinary

Sale

21

5.84

32 17/19p ordinary

Sale

37

5.81

32 17/19p ordinary

Sale

44

5.788

32 17/19p ordinary

Sale

46

5.806

32 17/19p ordinary

Sale

55

5.84

32 17/19p ordinary

Sale

59

5.788

32 17/19p ordinary

Sale

59

5.806

32 17/19p ordinary

Sale

66

5.806

32 17/19p ordinary

Sale

68

5.806

32 17/19p ordinary

Sale

69

5.802

32 17/19p ordinary

Sale

74

5.804

32 17/19p ordinary

Sale

88

5.802

32 17/19p ordinary

Sale

97

5.798

32 17/19p ordinary

Sale

107

5.806

32 17/19p ordinary

Sale

111

5.806

32 17/19p ordinary

Sale

119

5.804

32 17/19p ordinary

Sale

143

5.832

32 17/19p ordinary

Sale

151

5.808

32 17/19p ordinary

Sale

165

5.804

32 17/19p ordinary

Sale

171

5.814

32 17/19p ordinary

Sale

178

5.822

32 17/19p ordinary

Sale

179

5.812

32 17/19p ordinary

Sale

181

5.814

32 17/19p ordinary

Sale

191

5.822

32 17/19p ordinary

Sale

203

5.832

32 17/19p ordinary

Sale

206

5.832

32 17/19p ordinary

Sale

210

5.806

32 17/19p ordinary

Sale

210

5.812

32 17/19p ordinary

Sale

223

5.81

32 17/19p ordinary

Sale

260

5.832

32 17/19p ordinary

Sale

271

5.82

32 17/19p ordinary

Sale

303

5.84

32 17/19p ordinary

Sale

322

5.832

32 17/19p ordinary

Sale

326

5.802

32 17/19p ordinary

Sale

327

5.798

32 17/19p ordinary

Sale

327

5.798

32 17/19p ordinary

Sale

330

5.84

32 17/19p ordinary

Sale

369

5.81

32 17/19p ordinary

Sale

397

5.81

32 17/19p ordinary

Sale

447

5.788

32 17/19p ordinary

Sale

459

5.84

32 17/19p ordinary

Sale

459

5.84

32 17/19p ordinary

Sale

460

5.804

32 17/19p ordinary

Sale

499

5.84

32 17/19p ordinary

Sale

512

5.814

32 17/19p ordinary

Sale

520

5.81

32 17/19p ordinary

Sale

571

5.832

32 17/19p ordinary

Sale

596

5.808

32 17/19p ordinary

Sale

622

5.798

32 17/19p ordinary

Sale

747

5.814

32 17/19p ordinary

Sale

775

5.832

32 17/19p ordinary

Sale

777

5.81

32 17/19p ordinary

Sale

799

5.84

32 17/19p ordinary

Sale

994

5.806

32 17/19p ordinary

Sale

1,212

5.804

32 17/19p ordinary

Sale

1,641

5.832

32 17/19p ordinary

Sale

402

5.815

32 17/19p ordinary

Sale

693

5.848

32 17/19p ordinary

Sale

6

5.814

32 17/19p ordinary

Sale

8

5.804

32 17/19p ordinary

Sale

26

5.806

32 17/19p ordinary

Sale

31

5.814

32 17/19p ordinary

Sale

88

5.804

32 17/19p ordinary

Sale

236

5.836

32 17/19p ordinary

Sale

274

5.836

32 17/19p ordinary

Sale

396

5.832

32 17/19p ordinary

Sale

454

5.804

32 17/19p ordinary

Sale

473

5.806

32 17/19p ordinary

Sale

486

5.836

32 17/19p ordinary

Sale

3

5.854

32 17/19p ordinary

Sale

4

5.832

32 17/19p ordinary

Sale

11

5.854

32 17/19p ordinary

Sale

17

5.832

32 17/19p ordinary

Sale

27

5.836

32 17/19p ordinary

Sale

32

5.814

32 17/19p ordinary

Sale

76

5.81

32 17/19p ordinary

Sale

143

5.836

32 17/19p ordinary

Sale

156

5.836

32 17/19p ordinary

Sale

184

5.832

32 17/19p ordinary

Sale

250

5.81

32 17/19p ordinary

Sale

324

5.81

32 17/19p ordinary

Sale

364

5.836

32 17/19p ordinary

Sale

385

5.812

32 17/19p ordinary

Sale

416

5.814

32 17/19p ordinary

Sale

427

5.806

32 17/19p ordinary

Sale

434

5.832

32 17/19p ordinary

Sale

480

5.832

32 17/19p ordinary

Sale

480

5.854

32 17/19p ordinary

Sale

550

5.82

32 17/19p ordinary

Sale

82

5.8

32 17/19p ordinary

Sale

137

5.806

32 17/19p ordinary

Sale

230

5.832

32 17/19p ordinary

Sale

362

5.812

32 17/19p ordinary

Sale

372

5.81

32 17/19p ordinary

Sale

384

5.832

32 17/19p ordinary

Sale

404

5.832

32 17/19p ordinary

Sale

429

5.812

32 17/19p ordinary

Sale

434

5.818

32 17/19p ordinary

Sale

440

5.818

32 17/19p ordinary

Sale

452

5.812

32 17/19p ordinary

Sale

660

5.812

32 17/19p ordinary

Sale

871

5.844

32 17/19p ordinary

Sale

872

5.846

32 17/19p ordinary

Sale

873

5.81

32 17/19p ordinary

Sale

983

5.822

32 17/19p ordinary

Sale

1,020

5.844

32 17/19p ordinary

Sale

1,039

5.8

32 17/19p ordinary

Sale

1,079

5.81

32 17/19p ordinary

Sale

1,338

5.808

32 17/19p ordinary

Sale

1,407

5.834

32 17/19p ordinary

Sale

1,500

5.806

32 17/19p ordinary

Sale

2,012

5.836

32 17/19p ordinary

Sale

976

5.834

 

           

 

(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 GBP

32 17/19p ordinary

CFD

Increasing a short position

12,716

5.81029

32 17/19p ordinary

CFD

Increasing a short position

19,872

5.84398

32 17/19p ordinary

CFD

Increasing a short position

68

5.834

32 17/19p ordinary

CFD

Increasing a long position

25,916

5.834

32 17/19p ordinary

CFD

Increasing a long position

3,000

5.83847

32 17/19p ordinary

CFD

Increasing a long position

4,340

5.83312

32 17/19p ordinary

CFD

Increasing a long position

266

5.80387

32 17/19p ordinary

CFD

Increasing a long position

5,511

5.83312

32 17/19p ordinary

CFD

Reducing a short position

3

5.8

32 17/19p ordinary

CFD

Reducing a short position

65

5.80708

32 17/19p ordinary

CFD

Increasing a long position

388

5.80168

32 17/19p ordinary

CFD

Increasing a long position

63,765

5.82597

 

(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:

12/05/2025

Contact name:

Paul Jenkins

Telephone number:

+44 20 7676 6969

 

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.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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