|
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:
|
05
Feb 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:
|
24,351,982
|
0.91%
|
23,967,613
|
0.90%
|
|
(2)
Cash-settled derivatives:
|
6,359,933
|
0.24%
|
18,615,312
|
0.70%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
20,000
|
0.00%
|
486,675
|
0.02%
|
|
TOTAL:
|
30,731,915
|
1.15%
|
43,069,600
|
1.61%
|
|
(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
|
3,377,406
|
5.0780 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
137,669
|
5.0574 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
126,562
|
5.0531 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
113,851
|
5.0474 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
101,074
|
5.0635 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
61,822
|
5.0416 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
31,585
|
5.0524 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
26,219
|
5.0767 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
26,091
|
5.0717 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
24,438
|
5.0452 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
21,234
|
5.0768 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
16,495
|
5.0393 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
15,487
|
5.0781 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
13,200
|
5.0493 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
13,031
|
5.0290 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
12,788
|
5.0263 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
11,798
|
5.0409 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
11,440
|
5.0645 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
7,380
|
5.0632 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,195
|
5.0247 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,958
|
5.0402 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,823
|
5.0533 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,437
|
5.0508 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,030
|
5.0260 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,918
|
5.0540 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,402
|
5.0651 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,335
|
5.0445 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,261
|
5.0579 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,037
|
5.0441 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,983
|
5.0460 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,918
|
5.0657 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,514
|
5.0700 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,373
|
5.0640 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,267
|
5.0400 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,185
|
5.0660 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,180
|
5.0280 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,109
|
5.0607 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,000
|
5.0572 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
731
|
5.0680 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
719
|
5.0420 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
706
|
5.0667 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
661
|
5.0200 GBP
|
|
ADR
|
Purchase
|
600
|
12.8300 USD
|
|
32 17/19p
ordinary
|
Purchase
|
594
|
5.0591 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
561
|
5.0240 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
353
|
5.0426 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
328
|
5.0440 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
41
|
5.0580 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8
|
5.0620 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,844,147
|
5.0780 GBP
|
|
32 17/19p
ordinary
|
Sale
|
724,561
|
5.0240 GBP
|
|
32 17/19p
ordinary
|
Sale
|
126,492
|
5.0658 GBP
|
|
32 17/19p
ordinary
|
Sale
|
79,878
|
5.0677 GBP
|
|
32 17/19p
ordinary
|
Sale
|
59,559
|
5.0417 GBP
|
|
32 17/19p
ordinary
|
Sale
|
49,981
|
5.0559 GBP
|
|
32 17/19p
ordinary
|
Sale
|
43,003
|
5.0691 GBP
|
|
32 17/19p
ordinary
|
Sale
|
38,274
|
5.0593 GBP
|
|
32 17/19p
ordinary
|
Sale
|
35,738
|
5.0539 GBP
|
|
32 17/19p
ordinary
|
Sale
|
29,764
|
5.0728 GBP
|
|
32 17/19p
ordinary
|
Sale
|
28,759
|
5.0779 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,438
|
5.0612 GBP
|
|
32 17/19p
ordinary
|
Sale
|
21,234
|
5.0768 GBP
|
|
32 17/19p
ordinary
|
Sale
|
11,492
|
5.0714 GBP
|
|
32 17/19p
ordinary
|
Sale
|
10,239
|
5.0578 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9,653
|
5.0362 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,721
|
5.0634 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,440
|
5.0343 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,900
|
5.0665 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,479
|
5.0631 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,328
|
5.0196 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,390
|
5.0724 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,668
|
5.0640 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,504
|
5.0667 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,000
|
5.0280 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,983
|
5.0460 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,907
|
5.0475 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,514
|
5.0700 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,322
|
5.0200 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,109
|
5.0607 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,000
|
5.0400 GBP
|
|
32 17/19p
ordinary
|
Sale
|
961
|
5.0690 GBP
|
|
32 17/19p
ordinary
|
Sale
|
941
|
5.0650 GBP
|
|
32 17/19p
ordinary
|
Sale
|
810
|
5.0741 GBP
|
|
32 17/19p
ordinary
|
Sale
|
805
|
5.0420 GBP
|
|
32 17/19p
ordinary
|
Sale
|
780
|
5.0616 GBP
|
|
32 17/19p
ordinary
|
Sale
|
771
|
5.0725 GBP
|
|
32 17/19p
ordinary
|
Sale
|
752
|
5.0610 GBP
|
|
32 17/19p
ordinary
|
Sale
|
731
|
5.0680 GBP
|
|
ADR
|
Sale
|
600
|
12.8300 USD
|
|
32 17/19p
ordinary
|
Sale
|
587
|
5.0480 GBP
|
|
32 17/19p
ordinary
|
Sale
|
542
|
5.0560 GBP
|
|
32 17/19p
ordinary
|
Sale
|
531
|
5.0572 GBP
|
|
32 17/19p
ordinary
|
Sale
|
440
|
5.0220 GBP
|
|
32 17/19p
ordinary
|
Sale
|
348
|
5.0660 GBP
|
|
32 17/19p
ordinary
|
Sale
|
332
|
5.0585 GBP
|
|
32 17/19p
ordinary
|
Sale
|
139
|
5.0641 GBP
|
|
32 17/19p
ordinary
|
Sale
|
41
|
5.0580 GBP
|
|
32 17/19p
ordinary
|
Sale
|
8
|
5.0620 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
|
Decreasing Short
|
681
|
5.0140 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
48
|
5.0227 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,616
|
5.0287 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
587
|
5.0480 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,015
|
5.0487 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
14,579
|
5.0496 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
35,738
|
5.0539 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
33,387
|
5.0591 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
38,274
|
5.0593 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
11,338
|
5.0634 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
941
|
5.0650 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,900
|
5.0665 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,519
|
5.0667 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
166
|
5.0677 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
11,492
|
5.0714 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,390
|
5.0724 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,083
|
5.0769 USD
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
28,759
|
5.0779 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,733,542
|
5.0780 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
18,920
|
5.0398 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,836
|
5.0404 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
61,822
|
5.0416 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
35,735
|
5.0425 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
24,438
|
5.0452 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
96,614
|
5.0471 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
38,884
|
5.0473 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
31,585
|
5.0524 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
126,562
|
5.0531 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,457
|
5.0571 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,842
|
5.0585 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,300
|
5.0715 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,249
|
5.0731 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
37,281
|
5.0740 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,164,604
|
5.0780 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
15,487
|
5.0781 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
6,076
|
5.0445 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
4,541
|
5.0653 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
37,502
|
5.0743 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
16,478
|
5.0775 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
3,172
|
5.0776 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
143,350
|
5.1174 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
3,172
|
5.0243 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
29,873
|
5.0339 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
20,037
|
5.0506 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
600
|
5.0603 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:
|
|
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 of future acquisition or disposal of
any relevant securities to which
any derivative is referenced:
|
|
NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
YES
|
|
Date of disclosure:
|
06 Feb 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
|
|
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")
|
|
1. KEY INFORMATION
|
|
Identity of the person whose positions/dealings
are being disclosed:
|
Barclays PLC.
|
|
Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
AVIVA PLC
|
|
|
|
|
|
|
|
|
|
|
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
|
462.2400
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Purchased
|
10,000
|
564.9600
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,308
|
4.4050
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,790
|
5.3305
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,577
|
5.3176
|
European
|
05-Jun-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-10,000
|
564.9600
|
American
|
19-Dec-25
|
|
32 17/19p
ordinary
|
Put
Options
|
Written
|
10,000
|
462.2400
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
