|
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:
|
Barclays PLC.
|
|
(b)
|
Owner or controller of interest and short
positions disclosed, if different from
1(a):
|
|
|
(c)
|
Name of offeror/offeree in relation to whose
relevant securities this form relates:
|
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:
|
29
Jan 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?
|
YES:
DIRECT LINE INSURANCE GROUP PLC
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
|
|
(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:
|
20,916,399
|
0.78%
|
20,224,235
|
0.76%
|
|
(2)
Cash-settled derivatives:
|
3,101,745
|
0.12%
|
15,492,680
|
0.58%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
20,000
|
0.00%
|
486,680
|
0.02%
|
|
TOTAL:
|
24,038,144
|
0.90%
|
36,203,595
|
1.35%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and
other executive 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
|
|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
32 17/19p
ordinary
|
Purchase
|
375,335
|
5.1140 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
209,732
|
5.1129 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
174,236
|
5.1186 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
68,118
|
5.1116 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
65,490
|
5.1144 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
62,410
|
5.1160 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
55,814
|
5.1133 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
53,932
|
5.1131 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
47,236
|
5.1227 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
42,185
|
5.1139 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
36,200
|
5.1153 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
26,294
|
5.1064 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
26,257
|
5.1112 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
15,225
|
5.1007 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
11,320
|
5.1101 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
9,305
|
5.1092 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,787
|
5.1068 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,670
|
5.1130 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,532
|
5.1087 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,724
|
5.1085 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,114
|
5.1167 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,067
|
5.1142 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,964
|
5.1056 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,960
|
5.1113 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,667
|
5.1095 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,400
|
5.1134 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,585
|
5.1330 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,570
|
5.1122 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,979
|
5.1360 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,843
|
5.1106 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,841
|
5.1166 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,358
|
5.1020 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
707
|
5.1093 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
634
|
5.1210 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
592
|
5.1215 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
557
|
5.1088 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
502
|
5.1100 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
495
|
5.1400 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
464
|
5.1296 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
259
|
5.1097 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
251
|
5.1002 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
225
|
5.1060 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
159
|
5.1001 GBP
|
|
32 17/19p
ordinary
|
Sale
|
393,005
|
5.1140 GBP
|
|
32 17/19p
ordinary
|
Sale
|
134,986
|
5.1113 GBP
|
|
32 17/19p
ordinary
|
Sale
|
77,443
|
5.1151 GBP
|
|
32 17/19p
ordinary
|
Sale
|
53,924
|
5.1119 GBP
|
|
32 17/19p
ordinary
|
Sale
|
46,154
|
5.1147 GBP
|
|
32 17/19p
ordinary
|
Sale
|
42,753
|
5.1118 GBP
|
|
32 17/19p
ordinary
|
Sale
|
36,509
|
5.1139 GBP
|
|
32 17/19p
ordinary
|
Sale
|
29,947
|
5.1121 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,327
|
5.1132 GBP
|
|
32 17/19p
ordinary
|
Sale
|
21,502
|
5.1053 GBP
|
|
32 17/19p
ordinary
|
Sale
|
17,572
|
5.1165 GBP
|
|
32 17/19p
ordinary
|
Sale
|
16,222
|
5.1100 GBP
|
|
32 17/19p
ordinary
|
Sale
|
15,340
|
5.1138 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,914
|
5.1074 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,603
|
5.1125 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,312
|
5.1105 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,283
|
5.1114 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,108
|
5.1129 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,487
|
5.1060 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,459
|
5.1131 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,105
|
5.1071 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,704
|
5.1065 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,343
|
5.1344 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,483
|
5.1159 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,315
|
5.1174 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,259
|
5.1259 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,250
|
5.0976 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,040
|
5.1232 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,038
|
5.1049 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,015
|
5.1014 GBP
|
|
32 17/19p
ordinary
|
Sale
|
856
|
5.1287 GBP
|
|
32 17/19p
ordinary
|
Sale
|
554
|
5.1020 GBP
|
|
32 17/19p
ordinary
|
Sale
|
505
|
5.1095 GBP
|
|
32 17/19p
ordinary
|
Sale
|
402
|
5.1079 GBP
|
|
32 17/19p
ordinary
|
Sale
|
377
|
5.1130 GBP
|
|
32 17/19p
ordinary
|
Sale
|
244
|
5.1063 GBP
|
|
32 17/19p
ordinary
|
Sale
|
225
|
5.1061 GBP
|
|
32 17/19p
ordinary
|
Sale
|
196
|
5.1243 GBP
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
36,777
|
5.1132 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
10
|
5.0900 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
21,502
|
5.1053 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
792
|
5.1059 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
244
|
5.1063 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,704
|
5.1065 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,914
|
5.1074 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,623
|
5.1076 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
402
|
5.1079 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
505
|
5.1095 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
672
|
5.1097 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
628
|
5.1099 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,312
|
5.1105 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,283
|
5.1114 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
62,404
|
5.1119 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,864
|
5.1120 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
14,573
|
5.1121 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,419
|
5.1125 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,108
|
5.1129 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
26,327
|
5.1132 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
14,869
|
5.1138 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
117,163
|
5.1139 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
286,032
|
5.1140 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
8,309
|
5.1161 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
306
|
5.1171 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
451
|
5.1172 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,315
|
5.1174 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
410
|
5.1002 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
804
|
5.1020 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,724
|
5.1085 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
557
|
5.1088 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
9,305
|
5.1092 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
707
|
5.1093 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,623
|
5.1099 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,629
|
5.1101 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
44,835
|
5.1107 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,827
|
5.1110 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,960
|
5.1113 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
68,118
|
5.1116 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
14,807
|
5.1117 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
35,979
|
5.1129 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
8,670
|
5.1130 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
61,449
|
5.1131 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
30,274
|
5.1138 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
42,185
|
5.1139 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
44,669
|
5.1140 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
24,260
|
5.1142 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
65,490
|
5.1144 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
31,594
|
5.1145 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
36,200
|
5.1153 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
4,255
|
5.1172 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
174,236
|
5.1186 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
26,191
|
5.1243 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
8,922
|
5.0895 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,013
|
5.0896 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
1,038
|
5.1049 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
6,583
|
5.1056 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
69,772
|
5.1151 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
12,564
|
5.1174 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
17,893
|
5.1070 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
317,959
|
5.1140 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
10,529
|
5.1141 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
2,013
|
5.1143 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
47,236
|
5.1228 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
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
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person making the
disclosure and any party
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)
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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 of future acquisition or disposal of
any relevant securities to which
any derivative is referenced:
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NONE
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(c)
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Attachments
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|
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Is
a Supplemental Form 8 (Open Positions) attached?
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YES
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Date of disclosure:
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30 Jan 2025
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Contact name:
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Large Holdings Regulatory
Operations
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|
Telephone number:
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020 3134
7213
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SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
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DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
|
|
PURCHASE OR SELL
ETC.
|
|
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
are being disclosed:
|
Barclays PLC.
|
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Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
AVIVA PLC
|
|
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2. OPTIONS AND DERIVATIVES
|
|
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
|
|
32 17/19p
ordinary
|
Put
Options
|
Purchased
|
-10,000
|
456.4800
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Purchased
|
10,000
|
557.9200
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,314
|
4.4050
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,784
|
5.3305
|
European
|
06-Jun-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,582
|
5.3176
|
European
|
06-Jun-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-10,000
|
557.9200
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Put
Options
|
Written
|
10,000
|
456.4800
|
American
|
19-Dec-25
|
|
|
|
|
|
|
|
|
|
|
3. AGREEMENTS TO PURCHASE OR SELL
ETC.
|
|
Full details should be given so that the nature of the
interest or position can be fully understood:
|
|
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