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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.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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AVIVA PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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10
Feb 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
DIRECT LINE INSURANCE GROUP PLC
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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32
17/19p ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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27,397,480
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1.02%
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26,812,550
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1.00%
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(2)
Cash-settled derivatives:
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9,114,610
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0.34%
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20,574,716
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0.77%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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20,000
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0.00%
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486,694
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0.02%
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TOTAL:
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36,532,090
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1.36%
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47,873,960
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1.79%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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32 17/19p
ordinary
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Sale
|
745,144
|
5.0737 GBP
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|
32 17/19p
ordinary
|
Sale
|
169,625
|
5.0720 GBP
|
|
32 17/19p
ordinary
|
Sale
|
111,566
|
5.0783 GBP
|
|
32 17/19p
ordinary
|
Sale
|
88,742
|
5.0810 GBP
|
|
32 17/19p
ordinary
|
Sale
|
84,805
|
5.0816 GBP
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|
32 17/19p
ordinary
|
Sale
|
61,384
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5.1340 GBP
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|
32 17/19p
ordinary
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Sale
|
47,300
|
5.1136 GBP
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|
32 17/19p
ordinary
|
Sale
|
46,533
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5.0769 GBP
|
|
32 17/19p
ordinary
|
Sale
|
44,759
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5.0719 GBP
|
|
32 17/19p
ordinary
|
Sale
|
37,282
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5.0937 GBP
|
|
32 17/19p
ordinary
|
Sale
|
35,998
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5.0788 GBP
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|
32 17/19p
ordinary
|
Sale
|
32,889
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5.0862 GBP
|
|
32 17/19p
ordinary
|
Sale
|
29,759
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5.0821 GBP
|
|
32 17/19p
ordinary
|
Sale
|
27,991
|
5.0780 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,421
|
5.0955 GBP
|
|
32 17/19p
ordinary
|
Sale
|
22,237
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5.1197 GBP
|
|
32 17/19p
ordinary
|
Sale
|
21,147
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5.1010 GBP
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|
32 17/19p
ordinary
|
Sale
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20,638
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5.0797 GBP
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|
32 17/19p
ordinary
|
Sale
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20,260
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5.0725 GBP
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|
32 17/19p
ordinary
|
Sale
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20,137
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5.0796 GBP
|
|
32 17/19p
ordinary
|
Sale
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17,989
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5.0742 GBP
|
|
32 17/19p
ordinary
|
Sale
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17,511
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5.0704 GBP
|
|
32 17/19p
ordinary
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Sale
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16,538
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5.1044 GBP
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|
32 17/19p
ordinary
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Sale
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15,430
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5.0731 GBP
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|
32 17/19p
ordinary
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Sale
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15,256
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5.0840 GBP
|
|
32 17/19p
ordinary
|
Sale
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15,038
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5.0833 GBP
|
|
32 17/19p
ordinary
|
Sale
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11,714
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5.0803 GBP
|
|
32 17/19p
ordinary
|
Sale
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11,482
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5.0740 GBP
|
|
32 17/19p
ordinary
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Sale
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9,863
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5.0733 GBP
|
|
32 17/19p
ordinary
|
Sale
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9,097
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5.0863 GBP
|
|
32 17/19p
ordinary
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Sale
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8,257
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5.0922 GBP
|
|
32 17/19p
ordinary
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Sale
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7,791
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5.0713 GBP
|
|
32 17/19p
ordinary
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Sale
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7,737
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5.0812 GBP
|
|
32 17/19p
ordinary
|
Sale
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7,535
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5.0825 GBP
|
|
32 17/19p
ordinary
|
Sale
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6,593
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5.0756 GBP
|
|
32 17/19p
ordinary
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Sale
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6,547
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5.0700 GBP
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|
32 17/19p
ordinary
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Sale
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6,058
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5.0895 GBP
|
|
32 17/19p
ordinary
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Sale
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5,845
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5.0927 GBP
|
|
32 17/19p
ordinary
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Sale
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5,774
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5.0741 GBP
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|
32 17/19p
ordinary
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Sale
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4,781
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5.0856 GBP
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|
32 17/19p
ordinary
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Sale
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4,200
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5.1218 GBP
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|
32 17/19p
ordinary
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Sale
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3,901
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5.0705 GBP
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|
32 17/19p
ordinary
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Sale
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3,445
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5.0820 GBP
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|
32 17/19p
ordinary
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Sale
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3,405
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5.0800 GBP
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|
32 17/19p
ordinary
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Sale
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3,274
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5.0712 GBP
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|
32 17/19p
ordinary
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Sale
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3,177
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5.0721 GBP
|
|
32 17/19p
ordinary
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Sale
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3,090
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5.1080 GBP
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|
32 17/19p
ordinary
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Sale
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2,994
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5.0715 GBP
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32 17/19p
ordinary
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Sale
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2,926
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5.0726 GBP
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ADR
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Sale
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2,900
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12.7451 USD
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32 17/19p
ordinary
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Sale
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2,692
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5.0880 GBP
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|
32 17/19p
ordinary
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Sale
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2,645
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5.0978 GBP
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|
32 17/19p
ordinary
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Sale
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2,584
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5.0798 GBP
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|
32 17/19p
ordinary
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Sale
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2,235
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5.1316 GBP
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|
32 17/19p
ordinary
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Sale
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2,109
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5.0760 GBP
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|
32 17/19p
ordinary
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Sale
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1,886
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5.1187 GBP
|
|
32 17/19p
ordinary
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Sale
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1,825
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5.0716 GBP
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|
32 17/19p
ordinary
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Sale
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1,611
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5.0710 GBP
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ADR
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Sale
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1,500
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12.7700 USD
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32 17/19p
ordinary
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Sale
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1,416
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5.0766 GBP
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|
32 17/19p
ordinary
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Sale
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1,392
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5.1160 GBP
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|
32 17/19p
ordinary
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Sale
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1,360
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5.0779 GBP
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|
32 17/19p
ordinary
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Sale
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1,137
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5.0874 GBP
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|
32 17/19p
ordinary
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Sale
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1,112
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5.1140 GBP
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|
32 17/19p
ordinary
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Sale
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943
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5.0739 GBP
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|
32 17/19p
ordinary
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Sale
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713
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5.0867 GBP
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|
32 17/19p
ordinary
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Sale
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634
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5.1100 GBP
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|
32 17/19p
ordinary
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Sale
|
570
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5.0947 GBP
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|
32 17/19p
ordinary
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Sale
|
508
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5.1320 GBP
|
|
32 17/19p
ordinary
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Sale
|
400
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5.1280 GBP
|
|
32 17/19p
ordinary
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Sale
|
322
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5.1180 GBP
|
|
32 17/19p
ordinary
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Sale
|
295
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5.0717 GBP
|
|
32 17/19p
ordinary
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Sale
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266
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5.0813 GBP
|
|
32 17/19p
ordinary
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Sale
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205
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5.0787 GBP
|
|
32 17/19p
ordinary
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Sale
|
67
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5.0866 GBP
|
|
32 17/19p
ordinary
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Sale
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56
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5.0785 GBP
|
|
32 17/19p
ordinary
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Sale
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42
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5.1120 GBP
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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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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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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
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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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Is
a Supplemental Form 8 (Open Positions) attached?
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YES
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Date of disclosure:
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11 Feb 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
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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:
|
AVIVA PLC
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2. OPTIONS AND DERIVATIVES
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Class
of
relevant
security
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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
|
-241,321
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4.4050
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European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,793
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5.3305
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,580
|
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
|
|
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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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