|
FORM 8.3
|
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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")
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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):
|
|
(c)
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Name of offeror/offeree in relation to whose
|
AVIVA PLC
|
|
|
relevant securities this form relates:
|
|
(d)
|
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:
|
31
Dec 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
|
disclosures in respect of any other party to the
offer?
|
DIRECT LINE INSURANCE GROUP PLC
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|
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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
|
|
|
|
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:
|
|
|
22,098,935
|
0.83%
|
17,143,433
|
0.64%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
3,055,282
|
0.11%
|
18,265,874
|
0.68%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
788,919
|
0.03%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
25,154,217
|
0.94%
|
36,198,226
|
1.35%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
|
options)
|
|
|
|
|
|
|
|
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.
|
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
|
(a)
|
Purchases and sales
|
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
32 17/19p
ordinary
|
Purchase
|
90,584
|
4.6869 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
73,745
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
46,889
|
4.6697 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
36,593
|
4.6675 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
20,900
|
4.6626 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
12,913
|
4.6552 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
12,337
|
4.6878 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
10,295
|
4.6618 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,613
|
4.6567 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,602
|
4.6645 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,200
|
4.6531 GBP
|
|
ADR
|
Purchase
|
1,800
|
11.9000 USD
|
|
32 17/19p
ordinary
|
Purchase
|
1,743
|
4.6603 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,535
|
4.6597 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,503
|
4.6506 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,307
|
4.6744 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,239
|
4.6556 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,135
|
4.6574 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
676
|
4.6615 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
589
|
4.6639 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
514
|
4.6890 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
505
|
4.6500 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
475
|
4.6690 GBP
|
|
ADR
|
Purchase
|
300
|
11.8500 USD
|
|
32 17/19p
ordinary
|
Purchase
|
215
|
4.6492 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
90
|
4.6530 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
57
|
4.6490 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
55
|
4.6720 GBP
|
|
32 17/19p
ordinary
|
Sale
|
112,961
|
4.6856 GBP
|
|
32 17/19p
ordinary
|
Sale
|
112,243
|
4.6869 GBP
|
|
32 17/19p
ordinary
|
Sale
|
96,133
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
Sale
|
40,006
|
4.6805 GBP
|
|
32 17/19p
ordinary
|
Sale
|
24,715
|
4.6798 GBP
|
|
32 17/19p
ordinary
|
Sale
|
13,618
|
4.6813 GBP
|
|
32 17/19p
ordinary
|
Sale
|
13,607
|
4.6698 GBP
|
|
32 17/19p
ordinary
|
Sale
|
12,337
|
4.6878 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9,565
|
4.6807 GBP
|
|
32 17/19p
ordinary
|
Sale
|
8,894
|
4.6701 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,043
|
4.6649 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,019
|
4.6802 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,974
|
4.6636 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,957
|
4.6685 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,562
|
4.6812 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,537
|
4.6705 GBP
|
|
ADR
|
Sale
|
1,800
|
11.9000 USD
|
|
32 17/19p
ordinary
|
Sale
|
1,239
|
4.6560 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,117
|
4.6728 GBP
|
|
32 17/19p
ordinary
|
Sale
|
777
|
4.6875 GBP
|
|
32 17/19p
ordinary
|
Sale
|
625
|
4.6855 GBP
|
|
32 17/19p
ordinary
|
Sale
|
514
|
4.6894 GBP
|
|
32 17/19p
ordinary
|
Sale
|
505
|
4.6500 GBP
|
|
32 17/19p
ordinary
|
Sale
|
475
|
4.6694 GBP
|
|
32 17/19p
ordinary
|
Sale
|
464
|
4.6670 GBP
|
|
32 17/19p
ordinary
|
Sale
|
461
|
4.6680 GBP
|
|
32 17/19p
ordinary
|
Sale
|
358
|
4.6800 GBP
|
|
ADR
|
Sale
|
300
|
11.8500 USD
|
|
32 17/19p
ordinary
|
Sale
|
223
|
4.6890 GBP
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
6,580
|
4.6336 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
505
|
4.6500 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
88
|
4.6550 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,805
|
4.6676 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
16,317
|
4.6799 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,019
|
4.6802 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
44,366
|
4.6803 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
40,006
|
4.6805 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
9,565
|
4.6807 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
6,562
|
4.6813 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
9,880
|
4.6820 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,986
|
4.6822 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
777
|
4.6875 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
71,236
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
41,221
|
4.6304 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,503
|
4.6506 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
4,161
|
4.6510 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,613
|
4.6517 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
552
|
4.6527 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,123
|
4.6528 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
8,752
|
4.6572 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,135
|
4.6574 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,535
|
4.6597 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
20,900
|
4.6626 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
36,593
|
4.6675 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,002
|
4.6696 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,373
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
2,219
|
4.6659 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,974
|
4.6636 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
511
|
4.6739 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
1,010
|
4.6795 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
29,057
|
4.6875 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
542
|
4.6449 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,258
|
4.6497 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
5,295
|
4.6504 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
10,295
|
4.6618 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
511
|
4.6740 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
12,337
|
4.6878 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions (including
options)
|
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
|
Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
|
Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
|
relates
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for new
securities)
|
|
|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
|
security
|
|
|
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 exempt principal trader
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:
|
01 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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:
|
|
|
|
|
|
|
|
|
|
|
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
|
-322,240
|
4.2985
|
European
|
11 Mar
2025
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,314
|
4.4050
|
European
|
06 May
2025
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,789
|
5.3305
|
European
|
06 Jun
2025
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,576
|
5.3176
|
European
|
05 Jun
2025
|
|
|
|
|
|
|
|
|
|
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|