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23 May 2025 13:50:04
- 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: |
22 May 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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|
|
||
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and/or controlled: |
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8,783,767 |
0.33% |
17,067,871 |
0.64% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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15,951,907 |
0.60% |
8,084,586 |
0.30% |
(3) |
Stock-settled derivatives (including options) |
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|
|
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and agreements to purchase/sell: |
|
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0 |
0.00% |
225,365 |
0.01% |
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|
|
|
|
|
|
|
TOTAL: |
|
|
24,735,674 |
0.92% |
25,377,822 |
0.95% |
(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 |
|
|
|
|
|
|
Class of relevant |
Purchase/sale |
Number of |
Price per unit |
||||
security |
|
securities |
|
||||
32 17/19p ordinary |
Purchase |
547,784 |
6.1039 GBP |
||||
32 17/19p ordinary |
Purchase |
422,352 |
6.0660 GBP |
||||
32 17/19p ordinary |
Purchase |
267,898 |
6.0740 GBP |
||||
32 17/19p ordinary |
Purchase |
167,789 |
6.1040 GBP |
||||
32 17/19p ordinary |
Purchase |
164,100 |
6.0833 GBP |
||||
32 17/19p ordinary |
Purchase |
142,111 |
6.0577 GBP |
||||
32 17/19p ordinary |
Purchase |
109,398 |
6.0574 GBP |
||||
32 17/19p ordinary |
Purchase |
66,642 |
6.0571 GBP |
||||
32 17/19p ordinary |
Purchase |
51,534 |
6.0628 GBP |
||||
32 17/19p ordinary |
Purchase |
39,736 |
6.0783 GBP |
||||
32 17/19p ordinary |
Purchase |
35,265 |
6.0616 GBP |
||||
32 17/19p ordinary |
Purchase |
30,892 |
6.1037 GBP |
||||
32 17/19p ordinary |
Purchase |
29,830 |
6.0515 GBP |
||||
32 17/19p ordinary |
Purchase |
26,836 |
6.0720 GBP |
||||
32 17/19p ordinary |
Purchase |
25,427 |
6.0520 GBP |
||||
32 17/19p ordinary |
Purchase |
15,651 |
6.0560 GBP |
||||
32 17/19p ordinary |
Purchase |
12,900 |
6.0494 GBP |
||||
32 17/19p ordinary |
Purchase |
11,695 |
6.0701 GBP |
||||
32 17/19p ordinary |
Purchase |
9,691 |
6.0521 GBP |
||||
32 17/19p ordinary |
Purchase |
7,176 |
6.0578 GBP |
||||
32 17/19p ordinary |
Purchase |
6,992 |
6.0528 GBP |
||||
32 17/19p ordinary |
Purchase |
6,800 |
6.0948 GBP |
||||
32 17/19p ordinary |
Purchase |
6,151 |
6.0633 GBP |
||||
32 17/19p ordinary |
Purchase |
4,891 |
6.0544 GBP |
||||
32 17/19p ordinary |
Purchase |
4,766 |
6.0607 GBP |
||||
32 17/19p ordinary |
Purchase |
3,214 |
6.0542 GBP |
||||
32 17/19p ordinary |
Purchase |
2,638 |
6.0509 GBP |
||||
32 17/19p ordinary |
Purchase |
2,600 |
6.0668 GBP |
||||
32 17/19p ordinary |
Purchase |
2,342 |
6.0638 GBP |
||||
32 17/19p ordinary |
Purchase |
1,997 |
6.0858 GBP |
||||
32 17/19p ordinary |
Purchase |
1,897 |
6.0562 GBP |
||||
32 17/19p ordinary |
Purchase |
1,867 |
6.0627 GBP |
||||
32 17/19p ordinary |
Purchase |
1,838 |
6.0490 GBP |
||||
32 17/19p ordinary |
Purchase |
1,803 |
6.0572 GBP |
||||
32 17/19p ordinary |
Purchase |
1,599 |
6.0599 GBP |
||||
32 17/19p ordinary |
Purchase |
1,160 |
6.0500 GBP |
||||
32 17/19p ordinary |
Purchase |
1,156 |
6.0480 GBP |
||||
32 17/19p ordinary |
Purchase |
1,083 |
6.1052 GBP |
||||
32 17/19p ordinary |
Purchase |
1,065 |
6.0620 GBP |
||||
32 17/19p ordinary |
Purchase |
1,042 |
6.0670 GBP |
||||
32 17/19p ordinary |
Purchase |
945 |
6.0960 GBP |
||||
32 17/19p ordinary |
Purchase |
848 |
6.0641 GBP |
||||
32 17/19p ordinary |
Purchase |
845 |
6.0550 GBP |
||||
32 17/19p ordinary |
Purchase |
704 |
6.0980 GBP |
||||
32 17/19p ordinary |
Purchase |
686 |
6.0760 GBP |
||||
32 17/19p ordinary |
Purchase |
660 |
6.0920 GBP |
||||
32 17/19p ordinary |
Purchase |
591 |
6.0870 GBP |
||||
32 17/19p ordinary |
Purchase |
555 |
6.0891 GBP |
||||
32 17/19p ordinary |
Purchase |
516 |
6.0470 GBP |
||||
32 17/19p ordinary |
Purchase |
516 |
6.0930 GBP |
||||
32 17/19p ordinary |
Purchase |
513 |
6.0440 GBP |
||||
32 17/19p ordinary |
Purchase |
491 |
6.0700 GBP |
||||
32 17/19p ordinary |
Purchase |
394 |
6.0650 GBP |
||||
32 17/19p ordinary |
Purchase |
351 |
6.0640 GBP |
||||
32 17/19p ordinary |
Purchase |
250 |
6.0850 GBP |
||||
ADR |
Purchase |
122 |
16.3600 USD |
||||
ADR |
Purchase |
80 |
16.5200 USD |
||||
32 17/19p ordinary |
Purchase |
29 |
6.0832 GBP |
||||
32 17/19p ordinary |
Purchase |
13 |
6.0370 GBP |
||||
32 17/19p ordinary |
Purchase |
7 |
6.0940 GBP |
||||
32 17/19p ordinary |
Sale |
1,328,450 |
6.1025 GBP |
||||
32 17/19p ordinary |
Sale |
691,660 |
6.0970 GBP |
||||
32 17/19p ordinary |
Sale |
228,533 |
6.1040 GBP |
||||
32 17/19p ordinary |
Sale |
184,483 |
6.1039 GBP |
||||
32 17/19p ordinary |
Sale |
110,320 |
6.1030 GBP |
||||
32 17/19p ordinary |
Sale |
109,398 |
6.0574 GBP |
||||
32 17/19p ordinary |
Sale |
109,398 |
6.0608 GBP |
||||
32 17/19p ordinary |
Sale |
86,097 |
6.1035 GBP |
||||
32 17/19p ordinary |
Sale |
71,508 |
6.0595 GBP |
||||
32 17/19p ordinary |
Sale |
71,322 |
6.0619 GBP |
||||
32 17/19p ordinary |
Sale |
64,947 |
6.0633 GBP |
||||
32 17/19p ordinary |
Sale |
51,834 |
6.0651 GBP |
||||
32 17/19p ordinary |
Sale |
24,085 |
6.0605 GBP |
||||
32 17/19p ordinary |
Sale |
23,028 |
6.0664 GBP |
||||
32 17/19p ordinary |
Sale |
19,299 |
6.0831 GBP |
||||
32 17/19p ordinary |
Sale |
16,928 |
6.0643 GBP |
||||
32 17/19p ordinary |
Sale |
15,043 |
6.0630 GBP |
||||
32 17/19p ordinary |
Sale |
14,647 |
6.0654 GBP |
||||
32 17/19p ordinary |
Sale |
10,998 |
6.0586 GBP |
||||
32 17/19p ordinary |
Sale |
7,566 |
6.0582 GBP |
||||
32 17/19p ordinary |
Sale |
7,366 |
6.0583 GBP |
||||
32 17/19p ordinary |
Sale |
7,086 |
6.1027 GBP |
||||
32 17/19p ordinary |
Sale |
6,970 |
6.0623 GBP |
||||
32 17/19p ordinary |
Sale |
6,895 |
6.0671 GBP |
||||
32 17/19p ordinary |
Sale |
6,385 |
6.0559 GBP |
||||
32 17/19p ordinary |
Sale |
5,688 |
6.0811 GBP |
||||
32 17/19p ordinary |
Sale |
5,354 |
6.0592 GBP |
||||
32 17/19p ordinary |
Sale |
5,118 |
6.0587 GBP |
||||
32 17/19p ordinary |
Sale |
4,772 |
6.1037 GBP |
||||
32 17/19p ordinary |
Sale |
4,079 |
6.0637 GBP |
||||
32 17/19p ordinary |
Sale |
3,581 |
6.0662 GBP |
||||
32 17/19p ordinary |
Sale |
3,476 |
6.0531 GBP |
||||
32 17/19p ordinary |
Sale |
3,223 |
6.0612 GBP |
||||
32 17/19p ordinary |
Sale |
3,008 |
6.0515 GBP |
||||
32 17/19p ordinary |
Sale |
2,907 |
6.0685 GBP |
||||
32 17/19p ordinary |
Sale |
2,779 |
6.0620 GBP |
||||
32 17/19p ordinary |
Sale |
2,554 |
6.0581 GBP |
||||
32 17/19p ordinary |
Sale |
2,045 |
6.0650 GBP |
||||
32 17/19p ordinary |
Sale |
1,928 |
6.0591 GBP |
||||
32 17/19p ordinary |
Sale |
1,848 |
6.0738 GBP |
||||
32 17/19p ordinary |
Sale |
1,744 |
6.0634 GBP |
||||
32 17/19p ordinary |
Sale |
1,705 |
6.0720 GBP |
||||
32 17/19p ordinary |
Sale |
1,663 |
6.0600 GBP |
||||
32 17/19p ordinary |
Sale |
1,117 |
6.0521 GBP |
||||
32 17/19p ordinary |
Sale |
1,042 |
6.0670 GBP |
||||
32 17/19p ordinary |
Sale |
1,037 |
6.0818 GBP |
||||
32 17/19p ordinary |
Sale |
1,007 |
6.0536 GBP |
||||
32 17/19p ordinary |
Sale |
945 |
6.0960 GBP |
||||
32 17/19p ordinary |
Sale |
899 |
6.0750 GBP |
||||
32 17/19p ordinary |
Sale |
845 |
6.0550 GBP |
||||
32 17/19p ordinary |
Sale |
660 |
6.0580 GBP |
||||
32 17/19p ordinary |
Sale |
660 |
6.0920 GBP |
||||
32 17/19p ordinary |
Sale |
612 |
6.0660 GBP |
||||
32 17/19p ordinary |
Sale |
591 |
6.0870 GBP |
||||
32 17/19p ordinary |
Sale |
540 |
6.0480 GBP |
||||
32 17/19p ordinary |
Sale |
516 |
6.0470 GBP |
||||
32 17/19p ordinary |
Sale |
516 |
6.0930 GBP |
||||
32 17/19p ordinary |
Sale |
513 |
6.0440 GBP |
||||
32 17/19p ordinary |
Sale |
509 |
6.0500 GBP |
||||
32 17/19p ordinary |
Sale |
502 |
6.0400 GBP |
||||
32 17/19p ordinary |
Sale |
491 |
6.0700 GBP |
||||
32 17/19p ordinary |
Sale |
329 |
6.0632 GBP |
||||
32 17/19p ordinary |
Sale |
250 |
6.0850 GBP |
||||
32 17/19p ordinary |
Sale |
162 |
6.0560 GBP |
||||
32 17/19p ordinary |
Sale |
150 |
6.0540 GBP |
||||
ADR |
Sale |
122 |
16.3600 USD |
||||
32 17/19p ordinary |
Sale |
97 |
6.0792 GBP |
||||
ADR |
Sale |
80 |
16.5200 USD |
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32 17/19p ordinary |
Sale |
7 |
6.0941 GBP |
||||
32 17/19p ordinary |
Sale |
7 |
6.0940 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 |
|
reference |
unit |
|||
security |
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|
securities |
|
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32 17/19p ordinary |
SWAP |
Increasing Long |
7,402 |
6.0521 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
6,385 |
6.0559 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
2,796 |
6.0574 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
34,161 |
6.0588 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
11,534 |
6.0607 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
61,285 |
6.0633 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
51,834 |
6.0651 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
30,644 |
6.0660 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
7,805 |
6.0724 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
7,821 |
6.0740 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
2,577 |
6.0769 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
16,900 |
6.0796 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
5,688 |
6.0811 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
1,037 |
6.0818 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
9,298 |
6.0849 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
3,711 |
6.0874 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
7,086 |
6.1027 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
110,320 |
6.1030 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
108,298 |
6.1035 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
4,772 |
6.1037 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
532,328 |
6.1038 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
184,483 |
6.1039 GBP |
|||
32 17/19p ordinary |
SWAP |
Increasing Long |
544,768 |
6.1040 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,838 |
6.0490 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
12,900 |
6.0494 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
76 |
6.0500 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,877 |
6.0548 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,897 |
6.0562 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
109,398 |
6.0574 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,599 |
6.0599 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
35,265 |
6.0615 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
351 |
6.0640 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,176 |
6.0655 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
421,745 |
6.0660 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
647 |
6.0668 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
267,898 |
6.0740 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
889 |
6.0755 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,444 |
6.0797 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
4,507 |
6.0927 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
6,800 |
6.0948 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
15,310 |
6.0956 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
12,692 |
6.1043 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,083 |
6.1052 GBP |
|||
32 17/19p ordinary |
SWAP |
Decreasing Long |
900 |
6.0596 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
14,405 |
6.0647 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
4,796 |
6.0748 GBP |
|||
32 17/19p ordinary |
CFD |
Increasing Long |
215 |
6.0915 GBP |
|||
32 17/19p ordinary |
CFD |
Decreasing Long |
122 |
6.0504 GBP |
|||
32 17/19p ordinary |
CFD |
Decreasing Long |
24,356 |
6.0619 GBP |
|||
32 17/19p ordinary |
CFD |
Decreasing Long |
973 |
6.1044 GBP |
|||
32 17/19p ordinary |
SWAP |
Opening Long |
3,102 |
6.0836 GBP |
|||
|
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(c) |
Stock-settled derivative transactions (including options) |
|
|||||
(i) |
Writing, selling, purchasing or varying |
|
|||||
Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
|
date |
money |
relevant |
|
selling, |
securities |
per unit |
|
|
paid/ |
security |
|
varying etc |
to which |
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|
received |
|
|
|
option |
|
|
|
per unit |
|
|
|
relates |
|
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|
|
|
|
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(ii) |
Exercising |
|
|
|
|
|
|
Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
|||
security |
|
|
securities |
unit |
|||
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
(d) |
Other dealings (including subscribing for new securities) |
|
|||||
Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
||||
security |
|
|
applicable) |
||||
|
|
|
|
||||
4. |
OTHER INFORMATION |
||||||
(a) |
Indemnity and other dealings 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 exempt principal trader making the disclosure and any party |
|
||||||
to the offer or any person acting in concert with a party to the offer: |
|
|
|
||||
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: |
23 May 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 |
-120,789 |
5.3305 |
European |
06-Jun-2026 |
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32 17/19p ordinary |
Call Options |
Written |
-104,576 |
5.3176 |
European |
05-Jun-2026 |
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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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