Form 8.3 - Aviva plc.


    18 June 2025 13:46:41
  • Source: Sharecast
RNS Number : 4322N
Societe Generale SA
18 June 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

17/06/2025

(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:

47,748,419

1.78

65,561,477

2.45

(2)  Cash-settled derivatives:

 

18,719,464

0.70

424,043

0.02

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

0

0.00

0

0.00

TOTAL:

66,467,883

2.48

65,985,520

2.46

   

 

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

145

6.0511

32 17/19p ordinary

Purchase

555

6.05072

32 17/19p ordinary

Purchase

22

6.05645

32 17/19p ordinary

Purchase

119,459

6.04721

32 17/19p ordinary

Purchase

6,234

6.04636

32 17/19p ordinary

Purchase

446

6.046

32 17/19p ordinary

Purchase

330

6.046

32 17/19p ordinary

Purchase

273,928

6.02

32 17/19p ordinary

Purchase

328,713

6.02

32 17/19p ordinary

Purchase

25

6.01

32 17/19p ordinary

Purchase

82

6.044

32 17/19p ordinary

Purchase

83

6.052

32 17/19p ordinary

Purchase

139

6.01

32 17/19p ordinary

Purchase

163

6.072

32 17/19p ordinary

Purchase

181

6.054

32 17/19p ordinary

Purchase

216

6.046

32 17/19p ordinary

Purchase

256

6.01

32 17/19p ordinary

Purchase

304

6.042

32 17/19p ordinary

Purchase

304

6.044

32 17/19p ordinary

Purchase

308

6.054

32 17/19p ordinary

Purchase

316

6.072

32 17/19p ordinary

Purchase

319

6.042

32 17/19p ordinary

Purchase

327

6.046

32 17/19p ordinary

Purchase

434

6.052

32 17/19p ordinary

Purchase

440

6.052

32 17/19p ordinary

Purchase

461

6.042

32 17/19p ordinary

Purchase

495

6.056

32 17/19p ordinary

Purchase

519

6.044

32 17/19p ordinary

Purchase

531

6.046

32 17/19p ordinary

Purchase

531

6.046

32 17/19p ordinary

Purchase

570

6.054

32 17/19p ordinary

Purchase

581

6.046

32 17/19p ordinary

Purchase

749

6.042

32 17/19p ordinary

Purchase

777

6.046

32 17/19p ordinary

Purchase

858

6.042

32 17/19p ordinary

Purchase

890

6.052

32 17/19p ordinary

Purchase

1,023

6.002

32 17/19p ordinary

Purchase

1,069

6.054

32 17/19p ordinary

Purchase

1,144

6.05

32 17/19p ordinary

Purchase

1,199

6.052

32 17/19p ordinary

Purchase

2,148

6.054

32 17/19p ordinary

Purchase

232

6.052

32 17/19p ordinary

Purchase

518

6.046

32 17/19p ordinary

Purchase

539

6.052

32 17/19p ordinary

Purchase

562

6.044

32 17/19p ordinary

Purchase

622

6.046

32 17/19p ordinary

Purchase

650

6.062

32 17/19p ordinary

Purchase

654

6.052

32 17/19p ordinary

Purchase

699

6.05

32 17/19p ordinary

Purchase

6

6.051

32 17/19p ordinary

Purchase

6

6.052

32 17/19p ordinary

Purchase

6

6.053

32 17/19p ordinary

Purchase

6

6.071

32 17/19p ordinary

Purchase

75

6.001

32 17/19p ordinary

Purchase

80

6.051

32 17/19p ordinary

Purchase

199

6.051

32 17/19p ordinary

Purchase

241

6.053

32 17/19p ordinary

Purchase

357

6.053

32 17/19p ordinary

Purchase

373

6.069

32 17/19p ordinary

Purchase

383

6.053

32 17/19p ordinary

Purchase

388

6.051

32 17/19p ordinary

Purchase

416

6.063

32 17/19p ordinary

Purchase

419

6.071

32 17/19p ordinary

Purchase

538

6

32 17/19p ordinary

Purchase

543

6.069

32 17/19p ordinary

Purchase

572

6.061

32 17/19p ordinary

Purchase

582

6.045

32 17/19p ordinary

Purchase

582

6.045

32 17/19p ordinary

Purchase

699

6.051

32 17/19p ordinary

Purchase

827

6.05

32 17/19p ordinary

Purchase

1,032

6.057

32 17/19p ordinary

Purchase

1,111

6.051

32 17/19p ordinary

Purchase

1,346

6.055

32 17/19p ordinary

Purchase

1,684

6.071

32 17/19p ordinary

Purchase

123

6.05

32 17/19p ordinary

Purchase

145

6.05

32 17/19p ordinary

Purchase

354

6.052

32 17/19p ordinary

Purchase

363

6.06

32 17/19p ordinary

Purchase

387

6.05

32 17/19p ordinary

Purchase

400

6.072

32 17/19p ordinary

Purchase

400

6.072

32 17/19p ordinary

Purchase

477

6.05

32 17/19p ordinary

Purchase

571

6.06

32 17/19p ordinary

Purchase

622

6.056

32 17/19p ordinary

Purchase

659

6.05

32 17/19p ordinary

Purchase

828

6.05

32 17/19p ordinary

Purchase

1,221

6.05

32 17/19p ordinary

Purchase

6

6.058

32 17/19p ordinary

Purchase

47

6.04

32 17/19p ordinary

Purchase

145

6.046

32 17/19p ordinary

Purchase

153

6.072

32 17/19p ordinary

Purchase

184

6.072

32 17/19p ordinary

Purchase

224

6.058

32 17/19p ordinary

Purchase

263

6.058

32 17/19p ordinary

Purchase

295

6.056

32 17/19p ordinary

Purchase

409

6.056

32 17/19p ordinary

Purchase

417

6.048

32 17/19p ordinary

Purchase

429

6.072

32 17/19p ordinary

Purchase

487

6.05

32 17/19p ordinary

Purchase

546

6.056

32 17/19p ordinary

Purchase

557

6.056

32 17/19p ordinary

Purchase

627

6.058

32 17/19p ordinary

Purchase

837

6.046

32 17/19p ordinary

Purchase

840

6.054

32 17/19p ordinary

Purchase

988

6.054

32 17/19p ordinary

Purchase

1,089

6.052

32 17/19p ordinary

Purchase

1,113

6.046

32 17/19p ordinary

Purchase

1,214

6.05

32 17/19p ordinary

Purchase

1,400

6.042

32 17/19p ordinary

Purchase

1,645

6.036

32 17/19p ordinary

Purchase

2,111

6.058

32 17/19p ordinary

Purchase

2,112

6.052

32 17/19p ordinary

Purchase

2,112

6.054

32 17/19p ordinary

Purchase

2,115

6.048

32 17/19p ordinary

Purchase

2,115

6.05

32 17/19p ordinary

Purchase

2,117

6.046

32 17/19p ordinary

Purchase

2,200

6.054

32 17/19p ordinary

Purchase

384

6.05231

32 17/19p ordinary

Purchase

90

6.046

32 17/19p ordinary

Purchase

159

6.046

32 17/19p ordinary

Purchase

432

6.046

32 17/19p ordinary

Purchase

838

6.046

32 17/19p ordinary

Purchase

1,096

6.046

32 17/19p ordinary

Purchase

1,436

6.046

32 17/19p ordinary

Purchase

1,757

6.046

32 17/19p ordinary

Purchase

2,263

6.046

32 17/19p ordinary

Purchase

3,212

6.046

32 17/19p ordinary

Purchase

3,599

6.046

32 17/19p ordinary

Purchase

4,173

6.046

32 17/19p ordinary

Purchase

5,001

6.046

32 17/19p ordinary

Purchase

5,956

6.046

32 17/19p ordinary

Purchase

6,164

6.046

32 17/19p ordinary

Purchase

9,200

6.046

32 17/19p ordinary

Purchase

11,894

6.046

32 17/19p ordinary

Purchase

20,019

6.046

32 17/19p ordinary

Purchase

3,868

6.046

32 17/19p ordinary

Purchase

100,148

6.046

32 17/19p ordinary

Purchase

74,458

6.046

32 17/19p ordinary

Purchase

982

6.068

32 17/19p ordinary

Sale

846

6.03084

32 17/19p ordinary

Sale

2,685,173

6.018

32 17/19p ordinary

Sale

74

6

32 17/19p ordinary

Sale

355

5.998

32 17/19p ordinary

Sale

1,614

5.998

32 17/19p ordinary

Sale

492

6.011

32 17/19p ordinary

Sale

1,610

6

32 17/19p ordinary

Sale

820

5.998

32 17/19p ordinary

Sale

208

5.998

32 17/19p ordinary

Sale

210

5.998

32 17/19p ordinary

Sale

443

6

32 17/19p ordinary

Sale

526

6

32 17/19p ordinary

Sale

716

5.994

32 17/19p ordinary

Sale

786

6.026

32 17/19p ordinary

Sale

1,069

5.998

32 17/19p ordinary

Sale

1,244

6.058

32 17/19p ordinary

Sale

1,252

6.058

32 17/19p ordinary

Sale

2,047

6.058

32 17/19p ordinary

Sale

982

6.068

32 17/19p ordinary

Sale

100,148

6.046

32 17/19p ordinary

Sale

330

6.046

32 17/19p ordinary

Sale

446

6.046

32 17/19p ordinary

Sale

74,458

6.046

 

 

(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

3,104

6.047267

32 17/19p ordinary

CFD

Increasing a long position

328

5.99454

32 17/19p ordinary

CFD

Increasing a long position

518

6.050787

32 17/19p ordinary

CFD

Reducing a long position

3,130

6.047267

32 17/19p ordinary

CFD

Reducing a long position

145

6.051105

32 17/19p ordinary

CFD

Reducing a long position

22

6.056453

32 17/19p ordinary

CFD

Reducing a long position

555

6.050725

32 17/19p ordinary

CFD

Reducing a long position

119,459

6.047209

32 17/19p ordinary

Equity Linked Swap

Opening long position

2,685,173

6.018

 

(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:

18/06/2025

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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