|
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:
|
21
Jan 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:
|
20,408,119
|
0.76%
|
18,750,964
|
0.70%
|
|
(2)
Cash-settled derivatives:
|
2,079,464
|
0.08%
|
15,380,022
|
0.57%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
788,922
|
0.03%
|
|
TOTAL:
|
22,487,583
|
0.84%
|
34,919,908
|
1.30%
|
|
(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
|
329,569
|
4.9342 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
323,367
|
4.9400 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
287,169
|
4.9391 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
64,603
|
4.9347 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
56,598
|
4.9397 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
23,262
|
4.9321 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
21,713
|
4.9362 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
21,473
|
4.9407 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
20,934
|
4.9327 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
17,247
|
4.9339 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
17,103
|
4.9232 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
15,724
|
4.9436 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,791
|
4.9355 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,886
|
4.9406 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,660
|
4.9306 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,361
|
4.9322 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,677
|
4.9393 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,001
|
4.9250 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,344
|
4.9425 GBP
|
|
ADR
|
Purchase
|
2,000
|
12.3040 USD
|
|
32 17/19p
ordinary
|
Purchase
|
1,806
|
4.9356 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,398
|
4.9319 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
896
|
4.9190 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
700
|
4.9220 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
517
|
4.9370 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
500
|
4.9215 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
469
|
4.9365 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
468
|
4.9235 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
456
|
4.9305 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
451
|
4.9210 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
412
|
4.9270 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
169
|
4.9279 GBP
|
|
32 17/19p
ordinary
|
Sale
|
255,428
|
4.9400 GBP
|
|
32 17/19p
ordinary
|
Sale
|
198,471
|
4.9340 GBP
|
|
32 17/19p
ordinary
|
Sale
|
155,811
|
4.9390 GBP
|
|
32 17/19p
ordinary
|
Sale
|
74,769
|
4.9343 GBP
|
|
32 17/19p
ordinary
|
Sale
|
54,460
|
4.9367 GBP
|
|
32 17/19p
ordinary
|
Sale
|
49,741
|
4.9379 GBP
|
|
32 17/19p
ordinary
|
Sale
|
29,882
|
4.9387 GBP
|
|
32 17/19p
ordinary
|
Sale
|
21,900
|
4.9334 GBP
|
|
32 17/19p
ordinary
|
Sale
|
21,473
|
4.9407 GBP
|
|
32 17/19p
ordinary
|
Sale
|
17,895
|
4.9352 GBP
|
|
32 17/19p
ordinary
|
Sale
|
17,214
|
4.9333 GBP
|
|
32 17/19p
ordinary
|
Sale
|
13,854
|
4.9349 GBP
|
|
32 17/19p
ordinary
|
Sale
|
11,850
|
4.9385 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9,445
|
4.9373 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9,036
|
4.9391 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,692
|
4.9439 GBP
|
|
32 17/19p
ordinary
|
Sale
|
6,214
|
4.9332 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,636
|
4.9325 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,525
|
4.9399 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,723
|
4.9321 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,330
|
4.9295 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,403
|
4.9402 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,261
|
4.9297 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,220
|
4.9427 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,001
|
4.9250 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,484
|
4.9259 GBP
|
|
ADR
|
Sale
|
2,000
|
12.3040 USD
|
|
32 17/19p
ordinary
|
Sale
|
1,594
|
4.9441 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,577
|
4.9360 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,511
|
4.9392 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,407
|
4.9313 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,395
|
4.9395 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,301
|
4.9235 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,219
|
4.9404 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,219
|
4.9355 GBP
|
|
32 17/19p
ordinary
|
Sale
|
960
|
4.9317 GBP
|
|
32 17/19p
ordinary
|
Sale
|
953
|
4.9330 GBP
|
|
32 17/19p
ordinary
|
Sale
|
896
|
4.9195 GBP
|
|
32 17/19p
ordinary
|
Sale
|
633
|
4.9382 GBP
|
|
32 17/19p
ordinary
|
Sale
|
512
|
4.9370 GBP
|
|
32 17/19p
ordinary
|
Sale
|
494
|
4.9210 GBP
|
|
32 17/19p
ordinary
|
Sale
|
456
|
4.9305 GBP
|
|
32 17/19p
ordinary
|
Sale
|
410
|
4.9258 GBP
|
|
32 17/19p
ordinary
|
Sale
|
310
|
4.9289 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 Long
|
45,974
|
4.9374 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
410
|
4.9258 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,723
|
4.9321 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
953
|
4.9329 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
21,900
|
4.9334 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
10,166
|
4.9339 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
17,895
|
4.9352 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
38
|
4.9365 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,339
|
4.9367 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
9,445
|
4.9373 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
8,929
|
4.9378 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,790
|
4.9379 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,930
|
4.9381 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
633
|
4.9382 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
29,882
|
4.9387 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
155,811
|
4.9390 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
9,036
|
4.9391 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,525
|
4.9399 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
36,348
|
4.9400 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,403
|
4.9402 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1
|
4.9415 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
182
|
4.9421 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,220
|
4.9427 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
840
|
4.9430 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,134
|
4.9431 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,246
|
4.9463 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,467
|
4.9471 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
700
|
4.9220 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
9,310
|
4.9232 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
28,327
|
4.9307 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
9,163
|
4.9315 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,380
|
4.9319 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
20,934
|
4.9327 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
29,679
|
4.9328 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
8,791
|
4.9355 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
33,896
|
4.9383 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
4,677
|
4.9393 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
90,985
|
4.9399 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
121,240
|
4.9400 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
15,724
|
4.9436 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
5,817
|
4.9382 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
381
|
4.9367 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
1,507
|
4.9486 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,507
|
4.9403 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
20,821
|
4.9405 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:
|
22 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
|
|
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
are being disclosed:
|
Barclays PLC.
|
|
Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
AVIVA PLC
|
|
|
|
|
|
|
|
|
|
|
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-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,316
|
4.4050
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,788
|
5.3305
|
European
|
06-Jun-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,578
|
5.3176
|
European
|
06-Jun-25
|
|
|
|
|
|
|
|
|
|
|
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:
|
|
|