
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 |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | AVIVA PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 04 Jun 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DIRECT LINE INSURANCE GROUP PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 32 17/19p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 7,133,424 | 0.27% | 15,947,406 | 0.60% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 14,718,915 | 0.55% | 6,013,414 | 0.22% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 225,364 | 0.01% |
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| TOTAL: |
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| 21,852,339 | 0.82% | 22,186,184 | 0.83% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
| securities |
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32 17/19p ordinary | Purchase | 475,215 | 6.1057 GBP | ||||
32 17/19p ordinary | Purchase | 362,445 | 6.1045 GBP | ||||
32 17/19p ordinary | Purchase | 273,181 | 6.1096 GBP | ||||
32 17/19p ordinary | Purchase | 158,811 | 6.1000 GBP | ||||
32 17/19p ordinary | Purchase | 151,400 | 6.1131 GBP | ||||
32 17/19p ordinary | Purchase | 146,241 | 6.0986 GBP | ||||
32 17/19p ordinary | Purchase | 136,282 | 6.1046 GBP | ||||
32 17/19p ordinary | Purchase | 112,326 | 6.1014 GBP | ||||
32 17/19p ordinary | Purchase | 107,519 | 6.0985 GBP | ||||
32 17/19p ordinary | Purchase | 97,474 | 6.1048 GBP | ||||
32 17/19p ordinary | Purchase | 70,501 | 6.1177 GBP | ||||
32 17/19p ordinary | Purchase | 56,924 | 6.0945 GBP | ||||
32 17/19p ordinary | Purchase | 52,600 | 6.0999 GBP | ||||
32 17/19p ordinary | Purchase | 48,836 | 6.0988 GBP | ||||
32 17/19p ordinary | Purchase | 40,622 | 6.1063 GBP | ||||
32 17/19p ordinary | Purchase | 37,249 | 6.1070 GBP | ||||
32 17/19p ordinary | Purchase | 32,855 | 6.1024 GBP | ||||
32 17/19p ordinary | Purchase | 31,741 | 6.1003 GBP | ||||
32 17/19p ordinary | Purchase | 28,036 | 6.1004 GBP | ||||
32 17/19p ordinary | Purchase | 27,310 | 6.1075 GBP | ||||
32 17/19p ordinary | Purchase | 27,120 | 6.1068 GBP | ||||
32 17/19p ordinary | Purchase | 26,633 | 6.1069 GBP | ||||
32 17/19p ordinary | Purchase | 22,568 | 6.1094 GBP | ||||
32 17/19p ordinary | Purchase | 22,522 | 6.1161 GBP | ||||
32 17/19p ordinary | Purchase | 18,413 | 6.1020 GBP | ||||
32 17/19p ordinary | Purchase | 18,274 | 6.0958 GBP | ||||
32 17/19p ordinary | Purchase | 17,178 | 6.1033 GBP | ||||
32 17/19p ordinary | Purchase | 14,601 | 6.0990 GBP | ||||
32 17/19p ordinary | Purchase | 14,593 | 6.1028 GBP | ||||
32 17/19p ordinary | Purchase | 13,150 | 6.0994 GBP | ||||
32 17/19p ordinary | Purchase | 12,772 | 6.1112 GBP | ||||
32 17/19p ordinary | Purchase | 12,250 | 6.1093 GBP | ||||
32 17/19p ordinary | Purchase | 11,521 | 6.1076 GBP | ||||
32 17/19p ordinary | Purchase | 11,274 | 6.1031 GBP | ||||
32 17/19p ordinary | Purchase | 11,111 | 6.1328 GBP | ||||
32 17/19p ordinary | Purchase | 9,939 | 6.1058 GBP | ||||
32 17/19p ordinary | Purchase | 9,427 | 6.0935 GBP | ||||
32 17/19p ordinary | Purchase | 7,860 | 6.0966 GBP | ||||
32 17/19p ordinary | Purchase | 7,603 | 6.0914 GBP | ||||
32 17/19p ordinary | Purchase | 7,100 | 6.1027 GBP | ||||
32 17/19p ordinary | Purchase | 7,055 | 6.1007 GBP | ||||
32 17/19p ordinary | Purchase | 7,032 | 6.1056 GBP | ||||
32 17/19p ordinary | Purchase | 6,776 | 6.1021 GBP | ||||
32 17/19p ordinary | Purchase | 6,670 | 6.0983 GBP | ||||
32 17/19p ordinary | Purchase | 6,659 | 6.0996 GBP | ||||
32 17/19p ordinary | Purchase | 6,658 | 6.1439 GBP | ||||
32 17/19p ordinary | Purchase | 6,537 | 6.0895 GBP | ||||
32 17/19p ordinary | Purchase | 6,300 | 6.1393 GBP | ||||
32 17/19p ordinary | Purchase | 6,209 | 6.0975 GBP | ||||
32 17/19p ordinary | Purchase | 5,136 | 6.0860 GBP | ||||
32 17/19p ordinary | Purchase | 4,612 | 6.0908 GBP | ||||
32 17/19p ordinary | Purchase | 4,440 | 6.1156 GBP | ||||
32 17/19p ordinary | Purchase | 3,920 | 6.0880 GBP | ||||
32 17/19p ordinary | Purchase | 3,881 | 6.0960 GBP | ||||
32 17/19p ordinary | Purchase | 3,638 | 6.0946 GBP | ||||
32 17/19p ordinary | Purchase | 3,240 | 6.1252 GBP | ||||
32 17/19p ordinary | Purchase | 2,990 | 6.0954 GBP | ||||
32 17/19p ordinary | Purchase | 2,676 | 6.0973 GBP | ||||
32 17/19p ordinary | Purchase | 2,450 | 6.0964 GBP | ||||
ADR | Purchase | 2,400 | 16.6950 USD | ||||
32 17/19p ordinary | Purchase | 2,389 | 6.1009 GBP | ||||
32 17/19p ordinary | Purchase | 2,301 | 6.1066 GBP | ||||
32 17/19p ordinary | Purchase | 2,104 | 6.1133 GBP | ||||
32 17/19p ordinary | Purchase | 2,097 | 6.0940 GBP | ||||
32 17/19p ordinary | Purchase | 1,971 | 6.0980 GBP | ||||
32 17/19p ordinary | Purchase | 1,820 | 6.1012 GBP | ||||
32 17/19p ordinary | Purchase | 1,741 | 6.1064 GBP | ||||
32 17/19p ordinary | Purchase | 1,426 | 6.0956 GBP | ||||
32 17/19p ordinary | Purchase | 1,392 | 6.0920 GBP | ||||
32 17/19p ordinary | Purchase | 1,187 | 6.0930 GBP | ||||
32 17/19p ordinary | Purchase | 1,183 | 6.0840 GBP | ||||
32 17/19p ordinary | Purchase | 1,004 | 6.0900 GBP | ||||
ADR | Purchase | 1,000 | 16.6700 USD | ||||
32 17/19p ordinary | Purchase | 608 | 6.1060 GBP | ||||
32 17/19p ordinary | Purchase | 538 | 6.1100 GBP | ||||
32 17/19p ordinary | Purchase | 487 | 6.1040 GBP | ||||
32 17/19p ordinary | Purchase | 480 | 6.1200 GBP | ||||
32 17/19p ordinary | Purchase | 467 | 6.1140 GBP | ||||
32 17/19p ordinary | Purchase | 463 | 6.0850 GBP | ||||
32 17/19p ordinary | Purchase | 445 | 6.1240 GBP | ||||
32 17/19p ordinary | Purchase | 342 | 6.1080 GBP | ||||
32 17/19p ordinary | Purchase | 80 | 6.0970 GBP | ||||
32 17/19p ordinary | Purchase | 2 | 6.1136 GBP | ||||
32 17/19p ordinary | Sale | 304,630 | 6.1026 GBP | ||||
32 17/19p ordinary | Sale | 155,419 | 6.1000 GBP | ||||
32 17/19p ordinary | Sale | 143,350 | 6.0969 GBP | ||||
32 17/19p ordinary | Sale | 142,995 | 6.1018 GBP | ||||
32 17/19p ordinary | Sale | 117,803 | 6.0986 GBP | ||||
32 17/19p ordinary | Sale | 101,230 | 6.1046 GBP | ||||
32 17/19p ordinary | Sale | 38,404 | 6.1076 GBP | ||||
32 17/19p ordinary | Sale | 37,249 | 6.1070 GBP | ||||
32 17/19p ordinary | Sale | 32,463 | 6.1117 GBP | ||||
32 17/19p ordinary | Sale | 31,741 | 6.1003 GBP | ||||
32 17/19p ordinary | Sale | 26,326 | 6.1147 GBP | ||||
32 17/19p ordinary | Sale | 19,748 | 6.0967 GBP | ||||
32 17/19p ordinary | Sale | 18,400 | 6.1090 GBP | ||||
32 17/19p ordinary | Sale | 17,563 | 6.1153 GBP | ||||
32 17/19p ordinary | Sale | 16,260 | 6.0923 GBP | ||||
32 17/19p ordinary | Sale | 15,963 | 6.1063 GBP | ||||
32 17/19p ordinary | Sale | 15,922 | 6.1132 GBP | ||||
32 17/19p ordinary | Sale | 14,593 | 6.1028 GBP | ||||
32 17/19p ordinary | Sale | 14,380 | 6.1149 GBP | ||||
32 17/19p ordinary | Sale | 14,202 | 6.1005 GBP | ||||
32 17/19p ordinary | Sale | 13,962 | 6.1049 GBP | ||||
32 17/19p ordinary | Sale | 13,256 | 6.0991 GBP | ||||
32 17/19p ordinary | Sale | 12,092 | 6.1041 GBP | ||||
32 17/19p ordinary | Sale | 11,762 | 6.1083 GBP | ||||
32 17/19p ordinary | Sale | 10,436 | 6.1097 GBP | ||||
32 17/19p ordinary | Sale | 8,729 | 6.1241 GBP | ||||
32 17/19p ordinary | Sale | 7,774 | 6.1050 GBP | ||||
32 17/19p ordinary | Sale | 6,537 | 6.0901 GBP | ||||
32 17/19p ordinary | Sale | 6,386 | 6.1112 GBP | ||||
32 17/19p ordinary | Sale | 6,275 | 6.1001 GBP | ||||
32 17/19p ordinary | Sale | 5,822 | 6.0998 GBP | ||||
32 17/19p ordinary | Sale | 5,614 | 6.1200 GBP | ||||
32 17/19p ordinary | Sale | 5,448 | 6.1185 GBP | ||||
32 17/19p ordinary | Sale | 5,382 | 6.1095 GBP | ||||
32 17/19p ordinary | Sale | 5,233 | 6.1159 GBP | ||||
32 17/19p ordinary | Sale | 5,136 | 6.0860 GBP | ||||
32 17/19p ordinary | Sale | 4,305 | 6.0990 GBP | ||||
32 17/19p ordinary | Sale | 3,920 | 6.0880 GBP | ||||
32 17/19p ordinary | Sale | 3,881 | 6.0960 GBP | ||||
32 17/19p ordinary | Sale | 3,862 | 6.1047 GBP | ||||
32 17/19p ordinary | Sale | 3,570 | 6.1175 GBP | ||||
32 17/19p ordinary | Sale | 3,500 | 6.1007 GBP | ||||
32 17/19p ordinary | Sale | 3,363 | 6.1166 GBP | ||||
32 17/19p ordinary | Sale | 3,008 | 6.0922 GBP | ||||
32 17/19p ordinary | Sale | 2,990 | 6.0961 GBP | ||||
32 17/19p ordinary | Sale | 2,925 | 6.1045 GBP | ||||
32 17/19p ordinary | Sale | 2,830 | 6.1399 GBP | ||||
32 17/19p ordinary | Sale | 2,631 | 6.1037 GBP | ||||
32 17/19p ordinary | Sale | 2,495 | 6.1168 GBP | ||||
32 17/19p ordinary | Sale | 2,401 | 6.1420 GBP | ||||
ADR | Sale | 2,400 | 16.6950 USD | ||||
32 17/19p ordinary | Sale | 2,300 | 6.1027 GBP | ||||
32 17/19p ordinary | Sale | 2,097 | 6.0940 GBP | ||||
32 17/19p ordinary | Sale | 2,041 | 6.1479 GBP | ||||
32 17/19p ordinary | Sale | 1,890 | 6.1120 GBP | ||||
32 17/19p ordinary | Sale | 1,785 | 6.0980 GBP | ||||
32 17/19p ordinary | Sale | 1,747 | 6.1075 GBP | ||||
32 17/19p ordinary | Sale | 1,707 | 6.1167 GBP | ||||
32 17/19p ordinary | Sale | 1,479 | 6.0970 GBP | ||||
32 17/19p ordinary | Sale | 1,187 | 6.0930 GBP | ||||
32 17/19p ordinary | Sale | 1,183 | 6.0840 GBP | ||||
32 17/19p ordinary | Sale | 1,063 | 6.0920 GBP | ||||
ADR | Sale | 1,000 | 16.6700 USD | ||||
32 17/19p ordinary | Sale | 866 | 6.1400 GBP | ||||
32 17/19p ordinary | Sale | 852 | 6.1340 GBP | ||||
32 17/19p ordinary | Sale | 690 | 6.1125 GBP | ||||
32 17/19p ordinary | Sale | 608 | 6.1060 GBP | ||||
32 17/19p ordinary | Sale | 467 | 6.1140 GBP | ||||
32 17/19p ordinary | Sale | 463 | 6.0850 GBP | ||||
32 17/19p ordinary | Sale | 456 | 6.1460 GBP | ||||
32 17/19p ordinary | Sale | 445 | 6.1440 GBP | ||||
32 17/19p ordinary | Sale | 342 | 6.1080 GBP | ||||
32 17/19p ordinary | Sale | 280 | 6.1629 GBP | ||||
32 17/19p ordinary | Sale | 256 | 6.0976 GBP | ||||
32 17/19p ordinary | Sale | 111 | 6.1407 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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32 17/19p ordinary | SWAP | Increasing Long | 143,350 | 6.0969 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 1,479 | 6.0970 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,202 | 6.0990 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 90,270 | 6.0996 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 46,026 | 6.1000 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 60,964 | 6.1008 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 5,883 | 6.1021 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 6,349 | 6.1039 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 4,875 | 6.1048 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 15,963 | 6.1063 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 24,398 | 6.1069 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 2,770 | 6.1106 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 14,380 | 6.1149 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 17,563 | 6.1153 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 3,570 | 6.1175 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 8,729 | 6.1241 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 852 | 6.1340 GBP | |||
32 17/19p ordinary | SWAP | Increasing Long | 280 | 6.1660 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 55,964 | 6.0945 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 48,836 | 6.0988 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 52,600 | 6.0999 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 132,100 | 6.1000 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2,389 | 6.1009 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,820 | 6.1012 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 119,835 | 6.1016 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 17,553 | 6.1020 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 860 | 6.1021 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 32,855 | 6.1024 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 114,543 | 6.1026 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 362,445 | 6.1045 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 97,474 | 6.1048 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 50,012 | 6.1059 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 170,324 | 6.1063 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 1,776 | 6.1066 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 99,688 | 6.1071 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 11,521 | 6.1076 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 54,359 | 6.1093 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 151,400 | 6.1131 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 2 | 6.1142 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 136,660 | 6.1167 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 803 | 6.1203 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 3,240 | 6.1252 GBP | |||
32 17/19p ordinary | SWAP | Decreasing Long | 700 | 6.1209 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 14,235 | 6.0995 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 5,259 | 6.1039 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 31,120 | 6.1116 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 149 | 6.1455 GBP | |||
32 17/19p ordinary | CFD | Decreasing Short | 1,051 | 6.1628 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 70,970 | 6.0967 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 2,400 | 6.0974 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 53,092 | 6.0982 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 87,904 | 6.1145 GBP | |||
32 17/19p ordinary | CFD | Increasing Short | 4,554 | 6.1644 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 05 Jun 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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") | |||||||
1. | KEY INFORMATION | ||||||
Identity of the person whose positions/dealings | Barclays PLC. | ||||||
are being disclosed: | |||||||
Name of offeror/offeree in relation to whose | AVIVA PLC | ||||||
relevant securities this from relates: | |||||||
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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 | Call Options | Written | -120,789 | 5.3305 | European | 06-Jun-2026 | |
32 17/19p ordinary | Call Options | Written | -104,575 | 5.3176 | European | 05-Jun-2026 | |
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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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