RNS Number : 7523D
Societe Generale SA
04 April 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

03/04/2025

(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:

33,414,042

1.25

37,905,453

1.42

(2)  Cash-settled derivatives:

 

16,742,171

0.63

5,168,167

0.19

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

0

0.00

0

0.00

TOTAL:

50,156,213

1.87

43,073,620

1.61

    

 

 

 

 

 

 

 

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

2

5.525

32 17/19p ordinary

Purchase

1,891

5.548

32 17/19p ordinary

Purchase

301

5.526

32 17/19p ordinary

Purchase

1

5.59

32 17/19p ordinary

Purchase

36

5.59

32 17/19p ordinary

Purchase

73

5.588

32 17/19p ordinary

Purchase

137

5.558

32 17/19p ordinary

Purchase

184

5.588

32 17/19p ordinary

Purchase

221

5.526

32 17/19p ordinary

Purchase

225

5.528

32 17/19p ordinary

Purchase

226

5.522

32 17/19p ordinary

Purchase

229

5.522

32 17/19p ordinary

Purchase

229

5.528

32 17/19p ordinary

Purchase

253

5.52

32 17/19p ordinary

Purchase

258

5.52

32 17/19p ordinary

Purchase

258

5.526

32 17/19p ordinary

Purchase

260

5.59

32 17/19p ordinary

Purchase

263

5.52

32 17/19p ordinary

Purchase

274

5.52

32 17/19p ordinary

Purchase

303

5.588

32 17/19p ordinary

Purchase

303

5.592

32 17/19p ordinary

Purchase

352

5.59

32 17/19p ordinary

Purchase

454

5.558

32 17/19p ordinary

Purchase

454

5.588

32 17/19p ordinary

Purchase

454

5.592

32 17/19p ordinary

Purchase

464

5.526

32 17/19p ordinary

Purchase

831

5.558

32 17/19p ordinary

Purchase

916

5.52

32 17/19p ordinary

Purchase

926

5.592

32 17/19p ordinary

Purchase

1,216

5.582

32 17/19p ordinary

Purchase

1,230

5.524

32 17/19p ordinary

Purchase

1,684

5.588

32 17/19p ordinary

Purchase

567

5.582

32 17/19p ordinary

Purchase

1,428

5.55

32 17/19p ordinary

Purchase

5,432

5.526

32 17/19p ordinary

Purchase

664

5.586

32 17/19p ordinary

Purchase

1

5.52

32 17/19p ordinary

Purchase

65

5.546

32 17/19p ordinary

Purchase

137

5.524

32 17/19p ordinary

Purchase

274

5.526

32 17/19p ordinary

Purchase

378

5.524

32 17/19p ordinary

Purchase

382

5.526

32 17/19p ordinary

Purchase

426

5.546

32 17/19p ordinary

Purchase

448

5.526

32 17/19p ordinary

Purchase

487

5.526

32 17/19p ordinary

Purchase

499

5.524

32 17/19p ordinary

Purchase

499

5.528

32 17/19p ordinary

Purchase

499

5.528

32 17/19p ordinary

Purchase

516

5.596

32 17/19p ordinary

Purchase

520

5.524

32 17/19p ordinary

Purchase

536

5.52

32 17/19p ordinary

Purchase

544

5.528

32 17/19p ordinary

Purchase

563

5.524

32 17/19p ordinary

Purchase

701

5.546

32 17/19p ordinary

Purchase

935

5.572

32 17/19p ordinary

Purchase

1,055

5.56

32 17/19p ordinary

Purchase

1,081

5.58

32 17/19p ordinary

Purchase

1,200

5.552

32 17/19p ordinary

Purchase

1,614

5.526

32 17/19p ordinary

Purchase

2,020

5.552

32 17/19p ordinary

Purchase

2,062

5.552

32 17/19p ordinary

Purchase

2,069

5.552

32 17/19p ordinary

Purchase

2,263

5.584

32 17/19p ordinary

Purchase

3,353

5.552

32 17/19p ordinary

Purchase

3,387

5.596

32 17/19p ordinary

Purchase

2,735

5.524

32 17/19p ordinary

Purchase

345

5.56304

32 17/19p ordinary

Purchase

445

5.548

32 17/19p ordinary

Purchase

174,953

5.548

32 17/19p ordinary

Purchase

190

5.548

32 17/19p ordinary

Purchase

34,731

5.548

32 17/19p ordinary

Purchase

14,898

5.548

32 17/19p ordinary

Purchase

75,047

5.548

32 17/19p ordinary

Sale

40

5.564

32 17/19p ordinary

Sale

234

5.562

32 17/19p ordinary

Sale

41

5.562

32 17/19p ordinary

Sale

3

5.564

32 17/19p ordinary

Sale

328

5.548

32 17/19p ordinary

Sale

47

5.566

32 17/19p ordinary

Sale

64

5.56

32 17/19p ordinary

Sale

97

5.566

32 17/19p ordinary

Sale

122

5.568

32 17/19p ordinary

Sale

14

5.56

32 17/19p ordinary

Sale

94

5.558

32 17/19p ordinary

Sale

37

5.56

32 17/19p ordinary

Sale

90

5.564

32 17/19p ordinary

Sale

46

5.564

32 17/19p ordinary

Sale

483

5.524

32 17/19p ordinary

Sale

434

5.524

32 17/19p ordinary

Sale

1,818

5.524

32 17/19p ordinary

Sale

2,735

5.524

32 17/19p ordinary

Sale

874

5.583

32 17/19p ordinary

Sale

226

5.568

32 17/19p ordinary

Sale

243

5.568

32 17/19p ordinary

Sale

485

5.552

32 17/19p ordinary

Sale

553

5.568

32 17/19p ordinary

Sale

633

5.588

32 17/19p ordinary

Sale

654

5.534

32 17/19p ordinary

Sale

747

5.546

32 17/19p ordinary

Sale

747

5.568

32 17/19p ordinary

Sale

883

5.568

32 17/19p ordinary

Sale

444

5.548

32 17/19p ordinary

Sale

1,564

5.583

32 17/19p ordinary

Sale

556

5.578

32 17/19p ordinary

Sale

558

5.576

32 17/19p ordinary

Sale

846

5.59

32 17/19p ordinary

Sale

1,021

5.54

32 17/19p ordinary

Sale

1,265

5.528

32 17/19p ordinary

Sale

1,405

5.574

32 17/19p ordinary

Sale

1,548

5.576

32 17/19p ordinary

Sale

1,573

5.594

32 17/19p ordinary

Sale

1,640

5.566

32 17/19p ordinary

Sale

1,659

5.548

32 17/19p ordinary

Sale

1,663

5.578

32 17/19p ordinary

Sale

1,685

5.558

32 17/19p ordinary

Sale

1,724

5.586

32 17/19p ordinary

Sale

2,254

5.574

32 17/19p ordinary

Sale

2,362

5.534

32 17/19p ordinary

Sale

172

5.584

32 17/19p ordinary

Sale

175

5.558

32 17/19p ordinary

Sale

114

5.596

32 17/19p ordinary

Sale

511

5.554

32 17/19p ordinary

Sale

1,346

5.554

32 17/19p ordinary

Sale

243

5.584

32 17/19p ordinary

Sale

304

5.566

32 17/19p ordinary

Sale

315

5.554

32 17/19p ordinary

Sale

939

5.55

32 17/19p ordinary

Sale

248

5.572

32 17/19p ordinary

Sale

960

5.554

32 17/19p ordinary

Sale

1,398

5.556

32 17/19p ordinary

Sale

150

5.544

32 17/19p ordinary

Sale

205

5.542

32 17/19p ordinary

Sale

274

5.584

32 17/19p ordinary

Sale

417

5.582

32 17/19p ordinary

Sale

287

5.562

32 17/19p ordinary

Sale

104

5.59

32 17/19p ordinary

Sale

146

5.552

32 17/19p ordinary

Sale

108

5.596

32 17/19p ordinary

Sale

149

5.588

32 17/19p ordinary

Sale

525

5.552

32 17/19p ordinary

Sale

206

5.554

32 17/19p ordinary

Sale

128

5.594

32 17/19p ordinary

Sale

224

5.556

32 17/19p ordinary

Sale

135

5.55

32 17/19p ordinary

Sale

296

5.562

32 17/19p ordinary

Sale

250

5.548

32 17/19p ordinary

Sale

248

5.566

32 17/19p ordinary

Sale

910

5.544

32 17/19p ordinary

Sale

108

5.598

32 17/19p ordinary

Sale

1,367

5.588

32 17/19p ordinary

Sale

108

5.596

32 17/19p ordinary

Sale

775

5.55

32 17/19p ordinary

Sale

97

5.596

32 17/19p ordinary

Sale

162

5.592

32 17/19p ordinary

Sale

670

5.552

32 17/19p ordinary

Sale

254

5.546

32 17/19p ordinary

Sale

1,093

5.552

32 17/19p ordinary

Sale

101

5.596

32 17/19p ordinary

Sale

228

5.584

32 17/19p ordinary

Sale

156

5.55

32 17/19p ordinary

Sale

193

5.55

32 17/19p ordinary

Sale

252

5.58

32 17/19p ordinary

Sale

175

5.584

32 17/19p ordinary

Sale

337

5.544

32 17/19p ordinary

Sale

515

5.558

32 17/19p ordinary

Sale

279

5.548

32 17/19p ordinary

Sale

450

5.544

32 17/19p ordinary

Sale

501

5.582

32 17/19p ordinary

Sale

475

5.58

32 17/19p ordinary

Sale

153

5.544

32 17/19p ordinary

Sale

1,820

5.594

32 17/19p ordinary

Sale

155

5.588

32 17/19p ordinary

Sale

215

5.542

32 17/19p ordinary

Sale

130

5.598

32 17/19p ordinary

Sale

395

5.58

32 17/19p ordinary

Sale

1,170

5.554

32 17/19p ordinary

Sale

740

5.558

32 17/19p ordinary

Sale

292

5.562

32 17/19p ordinary

Sale

785

5.55

32 17/19p ordinary

Sale

201

5.584

32 17/19p ordinary

Sale

152

5.588

32 17/19p ordinary

Sale

142

5.592

32 17/19p ordinary

Sale

432

5.542

32 17/19p ordinary

Sale

1,007

5.558

32 17/19p ordinary

Sale

166

5.548

32 17/19p ordinary

Sale

284

5.55

32 17/19p ordinary

Sale

226

5.572

32 17/19p ordinary

Sale

263

5.556

32 17/19p ordinary

Sale

331

5.55

32 17/19p ordinary

Sale

140

5.554

32 17/19p ordinary

Sale

610

5.594

32 17/19p ordinary

Sale

128

5.592

32 17/19p ordinary

Sale

294

5.562

32 17/19p ordinary

Sale

135

5.54

32 17/19p ordinary

Sale

103

5.596

32 17/19p ordinary

Sale

229

5.55

32 17/19p ordinary

Sale

993

5.55

32 17/19p ordinary

Sale

258

5.548

32 17/19p ordinary

Sale

387

5.55

32 17/19p ordinary

Sale

242

5.544

32 17/19p ordinary

Sale

324

5.582

32 17/19p ordinary

Sale

139

5.588

32 17/19p ordinary

Sale

104

5.544

32 17/19p ordinary

Sale

155

5.594

32 17/19p ordinary

Sale

147

5.55

32 17/19p ordinary

Sale

161

5.592

32 17/19p ordinary

Sale

619

5.554

32 17/19p ordinary

Sale

705

5.55

32 17/19p ordinary

Sale

161

5.554

32 17/19p ordinary

Sale

285

5.552

32 17/19p ordinary

Sale

828

5.55

32 17/19p ordinary

Sale

315

5.578

32 17/19p ordinary

Sale

259

5.552

32 17/19p ordinary

Sale

270

5.562

32 17/19p ordinary

Sale

1,367

5.588

32 17/19p ordinary

Sale

125

5.558

32 17/19p ordinary

Sale

675

5.542

32 17/19p ordinary

Sale

295

5.55

32 17/19p ordinary

Sale

525

5.566

32 17/19p ordinary

Sale

185

5.548

32 17/19p ordinary

Sale

218

5.594

32 17/19p ordinary

Sale

424

5.582

32 17/19p ordinary

Sale

263

5.582

32 17/19p ordinary

Sale

500

5.558

32 17/19p ordinary

Sale

175

5.556

32 17/19p ordinary

Sale

79

5.6

32 17/19p ordinary

Sale

376

5.582

32 17/19p ordinary

Sale

110

5.55

32 17/19p ordinary

Sale

143

5.588

32 17/19p ordinary

Sale

243

5.594

32 17/19p ordinary

Sale

135

5.594

32 17/19p ordinary

Sale

287

5.592

32 17/19p ordinary

Sale

905

5.552

32 17/19p ordinary

Sale

272

5.562

32 17/19p ordinary

Sale

160

5.556

32 17/19p ordinary

Sale

278

5.542

32 17/19p ordinary

Sale

500

5.574

32 17/19p ordinary

Sale

236

5.59

32 17/19p ordinary

Sale

130

5.594

32 17/19p ordinary

Sale

316

5.59

32 17/19p ordinary

Sale

1,008

5.552

32 17/19p ordinary

Sale

595

5.556

32 17/19p ordinary

Sale

475

5.558

32 17/19p ordinary

Sale

867

5.552

32 17/19p ordinary

Sale

158

5.592

32 17/19p ordinary

Sale

241

5.594

32 17/19p ordinary

Sale

393

5.544

32 17/19p ordinary

Sale

473

5.588

32 17/19p ordinary

Sale

121

5.55

32 17/19p ordinary

Sale

155

5.588

32 17/19p ordinary

Sale

107

5.598

32 17/19p ordinary

Sale

316

5.55

32 17/19p ordinary

Sale

395

5.594

32 17/19p ordinary

Sale

455

5.554

32 17/19p ordinary

Sale

133

5.59

32 17/19p ordinary

Sale

541

5.552

32 17/19p ordinary

Sale

207

5.59

32 17/19p ordinary

Sale

236

5.572

32 17/19p ordinary

Sale

515

5.552

32 17/19p ordinary

Sale

103

5.59

32 17/19p ordinary

Sale

116

5.594

32 17/19p ordinary

Sale

327

5.59

32 17/19p ordinary

Sale

130

5.55

32 17/19p ordinary

Sale

588

5.55

32 17/19p ordinary

Sale

260

5.55

32 17/19p ordinary

Sale

625

5.584

32 17/19p ordinary

Sale

123

5.588

32 17/19p ordinary

Sale

415

5.558

32 17/19p ordinary

Sale

251

5.58

32 17/19p ordinary

Sale

110

5.596

32 17/19p ordinary

Sale

113

5.6

32 17/19p ordinary

Sale

255

5.542

32 17/19p ordinary

Sale

200

5.552

32 17/19p ordinary

Sale

9

5.548

32 17/19p ordinary

Sale

965

5.548

32 17/19p ordinary

Sale

1,861

5.548

32 17/19p ordinary

Sale

2,064

5.548

32 17/19p ordinary

Sale

2,735

5.548

32 17/19p ordinary

Sale

3,586

5.548

32 17/19p ordinary

Sale

5,222

5.548

32 17/19p ordinary

Sale

5,261

5.548

32 17/19p ordinary

Sale

7,286

5.548

32 17/19p ordinary

Sale

7,286

5.548

32 17/19p ordinary

Sale

7,287

5.548

32 17/19p ordinary

Sale

7,287

5.548

32 17/19p ordinary

Sale

7,287

5.548

32 17/19p ordinary

Sale

9,108

5.548

32 17/19p ordinary

Sale

11,031

5.548

32 17/19p ordinary

Sale

13,238

5.548

32 17/19p ordinary

Sale

14,587

5.548

32 17/19p ordinary

Sale

184,031

5.548

32 17/19p ordinary

Sale

1,891

5.548

32 17/19p ordinary

Sale

3,481

5.548

32 17/19p ordinary

Sale

2,580

5.538

32 17/19p ordinary

Sale

1,250

5.55

32 17/19p ordinary

Sale

1,330

5.55

32 17/19p ordinary

Sale

34,731

5.548

32 17/19p ordinary

Sale

14,898

5.548

32 17/19p ordinary

Sale

174,953

5.548

32 17/19p ordinary

Sale

75,047

5.548

32 17/19p ordinary

Sale

38

5.566

32 17/19p ordinary

Sale

319

5.56

 

           

 

(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 long position

328

5.5471678

32 17/19p ordinary

CFD

Reducing a short position

406

5.5614720695

32 17/19p ordinary

CFD

Increasing a long position

523

5.5614720695

 

(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:

04/04/2025

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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