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:
|
07
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:
|
25,240,917
|
0.94%
|
26,171,837
|
0.98%
|
(2)
Cash-settled derivatives:
|
8,181,345
|
0.31%
|
19,156,208
|
0.72%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
20,000
|
0.00%
|
486,676
|
0.02%
|
TOTAL:
|
33,442,262
|
1.25%
|
45,814,721
|
1.71%
|
(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
|
770,353
|
5.1240 GBP
|
32 17/19p
ordinary
|
Purchase
|
167,545
|
5.1208 GBP
|
32 17/19p
ordinary
|
Purchase
|
139,279
|
5.1102 GBP
|
32 17/19p
ordinary
|
Purchase
|
120,053
|
5.1084 GBP
|
32 17/19p
ordinary
|
Purchase
|
68,088
|
5.1060 GBP
|
32 17/19p
ordinary
|
Purchase
|
58,633
|
5.1220 GBP
|
32 17/19p
ordinary
|
Purchase
|
53,398
|
5.1235 GBP
|
32 17/19p
ordinary
|
Purchase
|
43,829
|
5.1065 GBP
|
32 17/19p
ordinary
|
Purchase
|
41,102
|
5.1243 GBP
|
32 17/19p
ordinary
|
Purchase
|
40,010
|
5.1117 GBP
|
32 17/19p
ordinary
|
Purchase
|
30,975
|
5.1026 GBP
|
32 17/19p
ordinary
|
Purchase
|
30,464
|
5.1259 GBP
|
32 17/19p
ordinary
|
Purchase
|
28,422
|
5.1129 GBP
|
32 17/19p
ordinary
|
Purchase
|
28,030
|
5.1190 GBP
|
32 17/19p
ordinary
|
Purchase
|
25,002
|
5.1052 GBP
|
32 17/19p
ordinary
|
Purchase
|
19,153
|
5.1384 GBP
|
32 17/19p
ordinary
|
Purchase
|
13,332
|
5.1100 GBP
|
32 17/19p
ordinary
|
Purchase
|
13,050
|
5.1142 GBP
|
32 17/19p
ordinary
|
Purchase
|
10,955
|
5.1066 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,683
|
5.0860 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,247
|
5.1040 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,344
|
5.1120 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,053
|
5.1486 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,643
|
5.1020 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,637
|
5.1452 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,875
|
5.1123 GBP
|
ADR
|
Purchase
|
3,600
|
12.8133 USD
|
32 17/19p
ordinary
|
Purchase
|
3,567
|
5.1180 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,084
|
5.0940 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,928
|
5.1140 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,418
|
5.1080 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,184
|
5.0980 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,147
|
5.0900 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,776
|
5.0820 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,666
|
5.1380 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,537
|
5.0870 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,125
|
5.0899 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,110
|
5.0920 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,042
|
5.1211 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,041
|
5.0960 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,021
|
5.1200 GBP
|
32 17/19p
ordinary
|
Purchase
|
643
|
5.1322 GBP
|
32 17/19p
ordinary
|
Purchase
|
455
|
5.1000 GBP
|
32 17/19p
ordinary
|
Purchase
|
355
|
5.1260 GBP
|
32 17/19p
ordinary
|
Purchase
|
282
|
5.1320 GBP
|
32 17/19p
ordinary
|
Purchase
|
258
|
5.0918 GBP
|
ADR
|
Purchase
|
200
|
12.8300 USD
|
32 17/19p
ordinary
|
Purchase
|
134
|
5.1400 GBP
|
32 17/19p
ordinary
|
Purchase
|
79
|
5.1370 GBP
|
32 17/19p
ordinary
|
Sale
|
415,221
|
5.1240 GBP
|
32 17/19p
ordinary
|
Sale
|
211,725
|
5.1222 GBP
|
32 17/19p
ordinary
|
Sale
|
206,994
|
5.1247 GBP
|
32 17/19p
ordinary
|
Sale
|
122,426
|
5.1042 GBP
|
32 17/19p
ordinary
|
Sale
|
87,069
|
5.1177 GBP
|
32 17/19p
ordinary
|
Sale
|
79,159
|
5.0947 GBP
|
32 17/19p
ordinary
|
Sale
|
60,259
|
5.1237 GBP
|
32 17/19p
ordinary
|
Sale
|
60,116
|
5.1143 GBP
|
32 17/19p
ordinary
|
Sale
|
59,723
|
5.1055 GBP
|
32 17/19p
ordinary
|
Sale
|
54,073
|
5.1123 GBP
|
32 17/19p
ordinary
|
Sale
|
53,574
|
5.1164 GBP
|
32 17/19p
ordinary
|
Sale
|
44,612
|
5.1188 GBP
|
32 17/19p
ordinary
|
Sale
|
41,201
|
5.1001 GBP
|
32 17/19p
ordinary
|
Sale
|
35,589
|
5.1207 GBP
|
32 17/19p
ordinary
|
Sale
|
32,437
|
5.1202 GBP
|
32 17/19p
ordinary
|
Sale
|
30,558
|
5.1259 GBP
|
32 17/19p
ordinary
|
Sale
|
28,858
|
5.1132 GBP
|
32 17/19p
ordinary
|
Sale
|
25,900
|
5.1185 GBP
|
32 17/19p
ordinary
|
Sale
|
23,087
|
5.1010 GBP
|
32 17/19p
ordinary
|
Sale
|
21,797
|
5.1066 GBP
|
32 17/19p
ordinary
|
Sale
|
20,203
|
5.1261 GBP
|
32 17/19p
ordinary
|
Sale
|
16,132
|
5.1149 GBP
|
32 17/19p
ordinary
|
Sale
|
16,020
|
5.1060 GBP
|
32 17/19p
ordinary
|
Sale
|
13,561
|
5.1100 GBP
|
32 17/19p
ordinary
|
Sale
|
12,424
|
5.1032 GBP
|
32 17/19p
ordinary
|
Sale
|
11,660
|
5.1186 GBP
|
32 17/19p
ordinary
|
Sale
|
11,227
|
5.1215 GBP
|
32 17/19p
ordinary
|
Sale
|
10,280
|
5.1035 GBP
|
32 17/19p
ordinary
|
Sale
|
9,435
|
5.1040 GBP
|
32 17/19p
ordinary
|
Sale
|
9,316
|
5.1120 GBP
|
32 17/19p
ordinary
|
Sale
|
7,606
|
5.1140 GBP
|
32 17/19p
ordinary
|
Sale
|
7,121
|
5.1395 GBP
|
32 17/19p
ordinary
|
Sale
|
6,999
|
5.0860 GBP
|
32 17/19p
ordinary
|
Sale
|
6,688
|
5.1148 GBP
|
32 17/19p
ordinary
|
Sale
|
6,383
|
5.1276 GBP
|
32 17/19p
ordinary
|
Sale
|
6,289
|
5.1241 GBP
|
32 17/19p
ordinary
|
Sale
|
6,250
|
5.0991 GBP
|
32 17/19p
ordinary
|
Sale
|
5,791
|
5.0940 GBP
|
32 17/19p
ordinary
|
Sale
|
5,668
|
5.1061 GBP
|
32 17/19p
ordinary
|
Sale
|
5,643
|
5.1020 GBP
|
32 17/19p
ordinary
|
Sale
|
5,026
|
5.1155 GBP
|
32 17/19p
ordinary
|
Sale
|
4,995
|
5.1138 GBP
|
32 17/19p
ordinary
|
Sale
|
4,439
|
5.1153 GBP
|
32 17/19p
ordinary
|
Sale
|
4,399
|
5.0840 GBP
|
32 17/19p
ordinary
|
Sale
|
4,324
|
5.1380 GBP
|
32 17/19p
ordinary
|
Sale
|
4,000
|
5.1220 GBP
|
32 17/19p
ordinary
|
Sale
|
3,741
|
5.1050 GBP
|
ADR
|
Sale
|
3,600
|
12.8133 USD
|
32 17/19p
ordinary
|
Sale
|
3,567
|
5.1180 GBP
|
32 17/19p
ordinary
|
Sale
|
3,010
|
5.1106 GBP
|
32 17/19p
ordinary
|
Sale
|
2,713
|
5.1109 GBP
|
32 17/19p
ordinary
|
Sale
|
2,701
|
5.1409 GBP
|
32 17/19p
ordinary
|
Sale
|
2,418
|
5.1080 GBP
|
32 17/19p
ordinary
|
Sale
|
2,377
|
5.1102 GBP
|
32 17/19p
ordinary
|
Sale
|
2,316
|
5.1239 GBP
|
32 17/19p
ordinary
|
Sale
|
2,184
|
5.0980 GBP
|
32 17/19p
ordinary
|
Sale
|
2,147
|
5.0900 GBP
|
32 17/19p
ordinary
|
Sale
|
2,108
|
5.1013 GBP
|
32 17/19p
ordinary
|
Sale
|
1,977
|
5.1445 GBP
|
32 17/19p
ordinary
|
Sale
|
1,976
|
5.0820 GBP
|
32 17/19p
ordinary
|
Sale
|
1,569
|
5.1097 GBP
|
32 17/19p
ordinary
|
Sale
|
1,409
|
5.1125 GBP
|
32 17/19p
ordinary
|
Sale
|
1,344
|
5.1294 GBP
|
32 17/19p
ordinary
|
Sale
|
1,110
|
5.0920 GBP
|
32 17/19p
ordinary
|
Sale
|
1,041
|
5.0960 GBP
|
32 17/19p
ordinary
|
Sale
|
1,021
|
5.1200 GBP
|
32 17/19p
ordinary
|
Sale
|
994
|
5.1535 GBP
|
32 17/19p
ordinary
|
Sale
|
937
|
5.1160 GBP
|
32 17/19p
ordinary
|
Sale
|
896
|
5.1260 GBP
|
32 17/19p
ordinary
|
Sale
|
685
|
5.1116 GBP
|
32 17/19p
ordinary
|
Sale
|
606
|
5.0902 GBP
|
32 17/19p
ordinary
|
Sale
|
503
|
5.1420 GBP
|
32 17/19p
ordinary
|
Sale
|
455
|
5.1235 GBP
|
32 17/19p
ordinary
|
Sale
|
455
|
5.1000 GBP
|
32 17/19p
ordinary
|
Sale
|
282
|
5.1320 GBP
|
ADR
|
Sale
|
200
|
12.8300 USD
|
32 17/19p
ordinary
|
Sale
|
135
|
5.0857 GBP
|
32 17/19p
ordinary
|
Sale
|
124
|
5.0973 GBP
|
32 17/19p
ordinary
|
Sale
|
102
|
5.1453 GBP
|
32 17/19p
ordinary
|
Sale
|
62
|
5.1499 GBP
|
32 17/19p
ordinary
|
Sale
|
11
|
5.1290 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 Short
|
1,125
|
5.0899 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
514
|
5.0980 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,389
|
5.1021 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
81,547
|
5.1058 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
120,053
|
5.1084 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
57,865
|
5.1092 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
40,010
|
5.1117 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,096
|
5.1118 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
28,422
|
5.1129 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
58,614
|
5.1169 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
55,719
|
5.1184 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
8,399
|
5.1187 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
8,094
|
5.1192 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,566
|
5.1228 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
78,010
|
5.1230 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
53,398
|
5.1235 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
570,735
|
5.1240 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
41,102
|
5.1243 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
643
|
5.1322 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
79
|
5.1371 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
134
|
5.1400 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,637
|
5.1452 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,611
|
5.1473 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,280
|
5.1495 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
162
|
5.1500 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
200
|
5.1063 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
67,632
|
5.1114 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
54,633
|
5.1220 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
822
|
5.1263 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,111
|
5.1503 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:
|
10 Feb 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
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
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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
are being disclosed:
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Barclays PLC.
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Name of offeror/offeree in relation to whose
relevant securities this from relates:
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AVIVA PLC
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2. OPTIONS AND DERIVATIVES
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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32 17/19p
ordinary
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Put
Options
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Purchased
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-10,000
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462.2400
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American
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19-Dec-25
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32 17/19p
ordinary
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Call
Options
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Purchased
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10,000
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564.9600
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American
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19-Dec-25
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32 17/19p
ordinary
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Call
Options
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Written
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-241,311
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4.4050
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European
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06-May-25
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32 17/19p
ordinary
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Call
Options
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Written
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-120,786
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5.3305
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European
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06-May-25
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32 17/19p
ordinary
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Call
Options
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Written
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-104,579
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5.3176
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European
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05-Jun-25
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32 17/19p
ordinary
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Call
Options
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Written
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-10,000
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564.9600
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American
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19-Dec-25
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32 17/19p
ordinary
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Put
Options
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Written
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10,000
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462.2400
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American
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19-Dec-25
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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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