Form 8.3 - Aviva plc.


    20 May 2025 07:55:00
  • Source: Sharecast
RNS Number : 3764J
Societe Generale SA
20 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

19/05/2025

(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:

40,910,175

1.53

55,604,533

2.08

(2)  Cash-settled derivatives:

 

18,512,255

0.69

348,503

0.01

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

0

0.00

0

0.00

TOTAL:

59,422,430

2.22

55,953,036

2.09

   

 

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

2,349

5.88293

32 17/19p ordinary

Purchase

326

5.9189

32 17/19p ordinary

Purchase

1,094

5.882

32 17/19p ordinary

Purchase

861

5.864

32 17/19p ordinary

Purchase

861

5.866

32 17/19p ordinary

Purchase

1,014

5.866

32 17/19p ordinary

Purchase

14,608

5.918

32 17/19p ordinary

Sale

123

5.918

32 17/19p ordinary

Sale

499

5.882

32 17/19p ordinary

Sale

595

5.882

32 17/19p ordinary

Sale

1,094

5.882

32 17/19p ordinary

Sale

5,470

5.918

32 17/19p ordinary

Sale

324

5.883

32 17/19p ordinary

Sale

342

5.899

32 17/19p ordinary

Sale

1,684

5.885

32 17/19p ordinary

Sale

2,824

5.901

32 17/19p ordinary

Sale

1,553

5.896

32 17/19p ordinary

Sale

142

5.886

32 17/19p ordinary

Sale

155

5.852

32 17/19p ordinary

Sale

260

5.852

32 17/19p ordinary

Sale

267

5.886

32 17/19p ordinary

Sale

347

5.886

32 17/19p ordinary

Sale

371

5.87

32 17/19p ordinary

Sale

415

5.886

32 17/19p ordinary

Sale

424

5.892

32 17/19p ordinary

Sale

448

5.874

32 17/19p ordinary

Sale

954

5.9

32 17/19p ordinary

Sale

8

5.898

32 17/19p ordinary

Sale

14

5.898

32 17/19p ordinary

Sale

16

5.884

32 17/19p ordinary

Sale

17

5.892

32 17/19p ordinary

Sale

23

5.892

32 17/19p ordinary

Sale

24

5.882

32 17/19p ordinary

Sale

39

5.886

32 17/19p ordinary

Sale

43

5.888

32 17/19p ordinary

Sale

65

5.882

32 17/19p ordinary

Sale

90

5.878

32 17/19p ordinary

Sale

90

5.896

32 17/19p ordinary

Sale

99

5.886

32 17/19p ordinary

Sale

111

5.886

32 17/19p ordinary

Sale

123

5.886

32 17/19p ordinary

Sale

126

5.858

32 17/19p ordinary

Sale

127

5.888

32 17/19p ordinary

Sale

166

5.884

32 17/19p ordinary

Sale

169

5.874

32 17/19p ordinary

Sale

186

5.872

32 17/19p ordinary

Sale

222

5.874

32 17/19p ordinary

Sale

234

5.884

32 17/19p ordinary

Sale

243

5.884

32 17/19p ordinary

Sale

255

5.872

32 17/19p ordinary

Sale

350

5.886

32 17/19p ordinary

Sale

351

5.858

32 17/19p ordinary

Sale

365

5.864

32 17/19p ordinary

Sale

368

5.874

32 17/19p ordinary

Sale

376

5.892

32 17/19p ordinary

Sale

399

5.89

32 17/19p ordinary

Sale

405

5.878

32 17/19p ordinary

Sale

429

5.876

32 17/19p ordinary

Sale

430

5.878

32 17/19p ordinary

Sale

431

5.878

32 17/19p ordinary

Sale

431

5.882

32 17/19p ordinary

Sale

435

5.878

32 17/19p ordinary

Sale

444

5.876

32 17/19p ordinary

Sale

445

5.88

32 17/19p ordinary

Sale

461

5.878

32 17/19p ordinary

Sale

477

5.882

32 17/19p ordinary

Sale

481

5.874

32 17/19p ordinary

Sale

482

5.874

32 17/19p ordinary

Sale

483

5.876

32 17/19p ordinary

Sale

496

5.884

32 17/19p ordinary

Sale

560

5.86

32 17/19p ordinary

Sale

567

5.88

32 17/19p ordinary

Sale

567

5.9

32 17/19p ordinary

Sale

572

5.9

32 17/19p ordinary

Sale

578

5.894

32 17/19p ordinary

Sale

606

5.886

32 17/19p ordinary

Sale

622

5.874

32 17/19p ordinary

Sale

627

5.884

32 17/19p ordinary

Sale

691

5.874

32 17/19p ordinary

Sale

699

5.896

32 17/19p ordinary

Sale

728

5.876

32 17/19p ordinary

Sale

771

5.884

32 17/19p ordinary

Sale

821

5.886

32 17/19p ordinary

Sale

835

5.9

32 17/19p ordinary

Sale

1,342

5.898

32 17/19p ordinary

Sale

1,684

5.888

32 17/19p ordinary

Sale

1,684

5.89

32 17/19p ordinary

Sale

1,684

5.898

32 17/19p ordinary

Sale

76

5.886

32 17/19p ordinary

Sale

131

5.862

32 17/19p ordinary

Sale

330

5.862

32 17/19p ordinary

Sale

442

5.9

32 17/19p ordinary

Sale

486

5.886

32 17/19p ordinary

Sale

539

5.884

32 17/19p ordinary

Sale

3,422

5.898

32 17/19p ordinary

Sale

46

5.892

32 17/19p ordinary

Sale

89

5.884

32 17/19p ordinary

Sale

186

5.852

32 17/19p ordinary

Sale

186

5.884

32 17/19p ordinary

Sale

197

5.862

32 17/19p ordinary

Sale

208

5.882

32 17/19p ordinary

Sale

213

5.876

32 17/19p ordinary

Sale

276

5.868

32 17/19p ordinary

Sale

286

5.876

32 17/19p ordinary

Sale

313

5.88

32 17/19p ordinary

Sale

324

5.88

32 17/19p ordinary

Sale

340

5.864

32 17/19p ordinary

Sale

344

5.88

32 17/19p ordinary

Sale

355

5.876

32 17/19p ordinary

Sale

387

5.862

32 17/19p ordinary

Sale

442

5.88

32 17/19p ordinary

Sale

458

5.868

32 17/19p ordinary

Sale

498

5.876

32 17/19p ordinary

Sale

509

5.882

32 17/19p ordinary

Sale

552

5.876

32 17/19p ordinary

Sale

559

5.884

32 17/19p ordinary

Sale

569

5.852

32 17/19p ordinary

Sale

569

5.88

32 17/19p ordinary

Sale

569

5.884

32 17/19p ordinary

Sale

605

5.864

32 17/19p ordinary

Sale

608

5.884

32 17/19p ordinary

Sale

643

5.874

32 17/19p ordinary

Sale

744

5.876

32 17/19p ordinary

Sale

752

5.874

32 17/19p ordinary

Sale

800

5.864

32 17/19p ordinary

Sale

803

5.852

32 17/19p ordinary

Sale

823

5.874

32 17/19p ordinary

Sale

830

5.884

32 17/19p ordinary

Sale

850

5.898

32 17/19p ordinary

Sale

857

5.882

32 17/19p ordinary

Sale

872

5.876

32 17/19p ordinary

Sale

970

5.892

32 17/19p ordinary

Sale

982

5.882

32 17/19p ordinary

Sale

993

5.874

32 17/19p ordinary

Sale

1,183

5.896

32 17/19p ordinary

Sale

1,200

5.852

32 17/19p ordinary

Sale

1,220

5.878

32 17/19p ordinary

Sale

1,220

5.878

32 17/19p ordinary

Sale

1,220

5.886

32 17/19p ordinary

Sale

1,318

5.88

32 17/19p ordinary

Sale

1,352

5.886

32 17/19p ordinary

Sale

1,409

5.906

32 17/19p ordinary

Sale

1,482

5.882

32 17/19p ordinary

Sale

1,482

5.884

32 17/19p ordinary

Sale

1,482

5.89

32 17/19p ordinary

Sale

1,492

5.876

32 17/19p ordinary

Sale

1,527

5.884

32 17/19p ordinary

Sale

1,599

5.886

32 17/19p ordinary

Sale

1,670

5.884

32 17/19p ordinary

Sale

2,079

5.862

32 17/19p ordinary

Sale

2,241

5.884

32 17/19p ordinary

Sale

2,408

5.88

32 17/19p ordinary

Sale

2,809

5.884

32 17/19p ordinary

Sale

2,975

5.876

32 17/19p ordinary

Sale

3,213

5.874

32 17/19p ordinary

Sale

3,766

5.872

32 17/19p ordinary

Sale

253

5.918

32 17/19p ordinary

Sale

448

5.918

32 17/19p ordinary

Sale

545

5.918

32 17/19p ordinary

Sale

546

5.918

32 17/19p ordinary

Sale

583

5.918

32 17/19p ordinary

Sale

1,316

5.918

32 17/19p ordinary

Sale

1,566

5.918

32 17/19p ordinary

Sale

1,887

5.918

32 17/19p ordinary

Sale

2,288

5.918

32 17/19p ordinary

Sale

5,470

5.918

32 17/19p ordinary

Sale

6,316

5.918

32 17/19p ordinary

Sale

6,953

5.918

32 17/19p ordinary

Sale

7,359

5.918

32 17/19p ordinary

Sale

7,444

5.918

32 17/19p ordinary

Sale

8,755

5.918

32 17/19p ordinary

Sale

9,624

5.918

32 17/19p ordinary

Sale

10,139

5.918

32 17/19p ordinary

Sale

10,940

5.918

32 17/19p ordinary

Sale

10,940

5.918

32 17/19p ordinary

Sale

11,479

5.918

32 17/19p ordinary

Sale

13,574

5.918

32 17/19p ordinary

Sale

14,608

5.918

 

 

(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

2,349

5.88293

32 17/19p ordinary

CFD

Reducing a long position

326

5.9189

32 17/19p ordinary

CFD

Increasing a long position

123

5.918

 

(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:

20/05/2025

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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