RNS Number : 1250S
Barclays PLC
03 January 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:

 

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

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:

(e)

Date position held/dealing undertaken:

02 Jan 2025

(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

 

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:

 

 

22,278,809

0.83%

17,085,736

0.64%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,982,335

0.11%

18,445,391

0.69%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

788,927

0.03%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

25,261,144

0.94%

36,320,054

1.36%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

32 17/19p ordinary

Purchase

1,439,216

4.7350  GBP

32 17/19p ordinary

Purchase

218,955

4.7006  GBP

32 17/19p ordinary

Purchase

134,694

4.7291  GBP

32 17/19p ordinary

Purchase

100,581

4.6936  GBP

32 17/19p ordinary

Purchase

89,037

4.7010  GBP

32 17/19p ordinary

Purchase

82,157

4.6992  GBP

32 17/19p ordinary

Purchase

56,259

4.7005  GBP

32 17/19p ordinary

Purchase

45,194

4.7025  GBP

32 17/19p ordinary

Purchase

40,904

4.7021  GBP

32 17/19p ordinary

Purchase

37,478

4.7255  GBP

32 17/19p ordinary

Purchase

28,679

4.6798  GBP

32 17/19p ordinary

Purchase

25,463

4.7107  GBP

32 17/19p ordinary

Purchase

24,809

4.7027  GBP

32 17/19p ordinary

Purchase

19,693

4.6879  GBP

32 17/19p ordinary

Purchase

16,911

4.7168  GBP

32 17/19p ordinary

Purchase

16,382

4.6797  GBP

32 17/19p ordinary

Purchase

15,805

4.7256  GBP

32 17/19p ordinary

Purchase

13,466

4.6953  GBP

32 17/19p ordinary

Purchase

13,377

4.6957  GBP

32 17/19p ordinary

Purchase

12,159

4.7033  GBP

32 17/19p ordinary

Purchase

11,512

4.6976  GBP

32 17/19p ordinary

Purchase

10,573

4.6945  GBP

32 17/19p ordinary

Purchase

10,284

4.7030  GBP

32 17/19p ordinary

Purchase

10,276

4.6901  GBP

32 17/19p ordinary

Purchase

9,591

4.7184  GBP

32 17/19p ordinary

Purchase

9,403

4.7253  GBP

32 17/19p ordinary

Purchase

8,165

4.7097  GBP

32 17/19p ordinary

Purchase

6,256

4.7069  GBP

32 17/19p ordinary

Purchase

5,731

4.7090  GBP

32 17/19p ordinary

Purchase

5,709

4.6800  GBP

32 17/19p ordinary

Purchase

5,355

4.7144  GBP

32 17/19p ordinary

Purchase

5,113

4.6964  GBP

32 17/19p ordinary

Purchase

4,521

4.7080  GBP

32 17/19p ordinary

Purchase

3,575

4.6910  GBP

32 17/19p ordinary

Purchase

3,198

4.7156  GBP

32 17/19p ordinary

Purchase

2,970

4.7076  GBP

32 17/19p ordinary

Purchase

2,885

4.7180  GBP

32 17/19p ordinary

Purchase

2,507

4.7099  GBP

32 17/19p ordinary

Purchase

2,313

4.6871  GBP

32 17/19p ordinary

Purchase

2,047

4.6930  GBP

32 17/19p ordinary

Purchase

1,984

4.6947  GBP

32 17/19p ordinary

Purchase

1,913

4.7170  GBP

32 17/19p ordinary

Purchase

1,872

4.6880  GBP

32 17/19p ordinary

Purchase

1,587

4.7067  GBP

32 17/19p ordinary

Purchase

1,398

4.7219  GBP

32 17/19p ordinary

Purchase

832

4.7040  GBP

32 17/19p ordinary

Purchase

820

4.6932  GBP

32 17/19p ordinary

Purchase

789

4.7200  GBP

32 17/19p ordinary

Purchase

755

4.7204  GBP

32 17/19p ordinary

Purchase

586

4.7215  GBP

32 17/19p ordinary

Purchase

515

4.6850  GBP

32 17/19p ordinary

Purchase

510

4.6990  GBP

32 17/19p ordinary

Purchase

492

4.7240  GBP

32 17/19p ordinary

Purchase

482

4.7220  GBP

32 17/19p ordinary

Purchase

480

4.7270  GBP

32 17/19p ordinary

Purchase

475

4.7300  GBP

32 17/19p ordinary

Purchase

333

4.7186  GBP

32 17/19p ordinary

Purchase

319

4.7232  GBP

32 17/19p ordinary

Purchase

313

4.7190  GBP

32 17/19p ordinary

Purchase

300

4.7250  GBP

32 17/19p ordinary

Purchase

193

4.6920  GBP

32 17/19p ordinary

Purchase

191

4.6840  GBP

32 17/19p ordinary

Purchase

181

4.7160  GBP

32 17/19p ordinary

Purchase

178

4.7060  GBP

32 17/19p ordinary

Purchase

173

4.7150  GBP

32 17/19p ordinary

Purchase

155

4.7212  GBP

32 17/19p ordinary

Purchase

9

4.7310  GBP

32 17/19p ordinary

Sale

1,110,018

4.7350  GBP

32 17/19p ordinary

Sale

318,757

4.7312  GBP

32 17/19p ordinary

Sale

189,606

4.6993  GBP

32 17/19p ordinary

Sale

100,000

4.6811  GBP

32 17/19p ordinary

Sale

82,878

4.7313  GBP

32 17/19p ordinary

Sale

81,078

4.7014  GBP

32 17/19p ordinary

Sale

80,690

4.7340  GBP

32 17/19p ordinary

Sale

68,958

4.7010  GBP

32 17/19p ordinary

Sale

63,142

4.7314  GBP

32 17/19p ordinary

Sale

58,575

4.6982  GBP

32 17/19p ordinary

Sale

39,054

4.7070  GBP

32 17/19p ordinary

Sale

25,800

4.6877  GBP

32 17/19p ordinary

Sale

13,532

4.7072  GBP

32 17/19p ordinary

Sale

12,858

4.7097  GBP

32 17/19p ordinary

Sale

12,611

4.7154  GBP

32 17/19p ordinary

Sale

11,958

4.6961  GBP

32 17/19p ordinary

Sale

9,185

4.7139  GBP

32 17/19p ordinary

Sale

8,157

4.6977  GBP

32 17/19p ordinary

Sale

7,679

4.7076  GBP

32 17/19p ordinary

Sale

3,764

4.7036  GBP

32 17/19p ordinary

Sale

3,575

4.6910  GBP

32 17/19p ordinary

Sale

2,885

4.7180  GBP

32 17/19p ordinary

Sale

2,787

4.7171  GBP

32 17/19p ordinary

Sale

2,112

4.7012  GBP

32 17/19p ordinary

Sale

2,080

4.7234  GBP

32 17/19p ordinary

Sale

2,047

4.6930  GBP

32 17/19p ordinary

Sale

2,000

4.7080  GBP

32 17/19p ordinary

Sale

1,913

4.7170  GBP

32 17/19p ordinary

Sale

1,872

4.6880  GBP

32 17/19p ordinary

Sale

1,646

4.6903  GBP

32 17/19p ordinary

Sale

1,232

4.7133  GBP

32 17/19p ordinary

Sale

1,123

4.6888  GBP

32 17/19p ordinary

Sale

1,013

4.6972  GBP

32 17/19p ordinary

Sale

789

4.7200  GBP

32 17/19p ordinary

Sale

629

4.7270  GBP

32 17/19p ordinary

Sale

518

4.7260  GBP

32 17/19p ordinary

Sale

515

4.6850  GBP

32 17/19p ordinary

Sale

510

4.6990  GBP

32 17/19p ordinary

Sale

494

4.6980  GBP

32 17/19p ordinary

Sale

482

4.7220  GBP

32 17/19p ordinary

Sale

475

4.7300  GBP

32 17/19p ordinary

Sale

468

4.6787  GBP

32 17/19p ordinary

Sale

465

4.7254  GBP

32 17/19p ordinary

Sale

440

4.7190  GBP

32 17/19p ordinary

Sale

370

4.7059  GBP

32 17/19p ordinary

Sale

300

4.7250  GBP

32 17/19p ordinary

Sale

191

4.6840  GBP

32 17/19p ordinary

Sale

181

4.7160  GBP

32 17/19p ordinary

Sale

178

4.7060  GBP

32 17/19p ordinary

Sale

175

4.7279  GBP

32 17/19p ordinary

Sale

69

4.6920  GBP

32 17/19p ordinary

Sale

17

4.7191  GBP

32 17/19p ordinary

Sale

15

4.7189  GBP

32 17/19p ordinary

Sale

1

4.7400  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

515

4.6850  GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,800

4.6877  GBP

32 17/19p ordinary

SWAP

Decreasing Short

44

4.6929  GBP

32 17/19p ordinary

SWAP

Decreasing Short

50,207

4.6986  GBP

32 17/19p ordinary

SWAP

Decreasing Short

189,606

4.6993  GBP

32 17/19p ordinary

SWAP

Decreasing Short

81,078

4.7014  GBP

32 17/19p ordinary

SWAP

Decreasing Short

37,914

4.7017  GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,764

4.7036  GBP

32 17/19p ordinary

SWAP

Decreasing Short

47,587

4.7097  GBP

32 17/19p ordinary

SWAP

Decreasing Short

17,574

4.7103  GBP

32 17/19p ordinary

SWAP

Decreasing Short

12,611

4.7154  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,787

4.7171  GBP

32 17/19p ordinary

SWAP

Decreasing Short

15

4.7189  GBP

32 17/19p ordinary

SWAP

Decreasing Short

80,690

4.7340  GBP

32 17/19p ordinary

SWAP

Decreasing Short

40,865

4.7341  GBP

32 17/19p ordinary

SWAP

Decreasing Short

67,519

4.7346  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1

4.7347  GBP

32 17/19p ordinary

SWAP

Decreasing Short

29,567

4.7350  GBP

32 17/19p ordinary

SWAP

Increasing Short

2,761

4.6880  GBP

32 17/19p ordinary

SWAP

Increasing Short

6,220

4.6920  GBP

32 17/19p ordinary

SWAP

Increasing Short

820

4.6932  GBP

32 17/19p ordinary

SWAP

Increasing Short

100,581

4.6936  GBP

32 17/19p ordinary

SWAP

Increasing Short

370

4.6941  GBP

32 17/19p ordinary

SWAP

Increasing Short

10,573

4.6945  GBP

32 17/19p ordinary

SWAP

Increasing Short

1,984

4.6947  GBP

32 17/19p ordinary

SWAP

Increasing Short

13,377

4.6957  GBP

32 17/19p ordinary

SWAP

Increasing Short

5,113

4.6964  GBP

32 17/19p ordinary

SWAP

Increasing Short

906

4.6978  GBP

32 17/19p ordinary

SWAP

Increasing Short

231

4.6979  GBP

32 17/19p ordinary

SWAP

Increasing Short

7,246

4.6981  GBP

32 17/19p ordinary

SWAP

Increasing Short

359

4.6990  GBP

32 17/19p ordinary

SWAP

Increasing Short

56,259

4.7005  GBP

32 17/19p ordinary

SWAP

Increasing Short

218,955

4.7006  GBP

32 17/19p ordinary

SWAP

Increasing Short

89,037

4.7010  GBP

32 17/19p ordinary

SWAP

Increasing Short

45,194

4.7025  GBP

32 17/19p ordinary

SWAP

Increasing Short

24,809

4.7027  GBP

32 17/19p ordinary

SWAP

Increasing Short

10,284

4.7030  GBP

32 17/19p ordinary

SWAP

Increasing Short

12,159

4.7033  GBP

32 17/19p ordinary

SWAP

Increasing Short

1,587

4.7067  GBP

32 17/19p ordinary

SWAP

Increasing Short

6,256

4.7069  GBP

32 17/19p ordinary

SWAP

Increasing Short

2,521

4.7080  GBP

32 17/19p ordinary

SWAP

Increasing Short

5,731

4.7090  GBP

32 17/19p ordinary

SWAP

Increasing Short

8,165

4.7097  GBP

32 17/19p ordinary

SWAP

Increasing Short

8,200

4.7106  GBP

32 17/19p ordinary

SWAP

Increasing Short

4,430

4.7122  GBP

32 17/19p ordinary

SWAP

Increasing Short

2,634

4.7146  GBP

32 17/19p ordinary

SWAP

Increasing Short

173

4.7150  GBP

32 17/19p ordinary

SWAP

Increasing Short

16,911

4.7168  GBP

32 17/19p ordinary

SWAP

Increasing Short

333

4.7186  GBP

32 17/19p ordinary

SWAP

Increasing Short

47

4.7189  GBP

32 17/19p ordinary

SWAP

Increasing Short

755

4.7204  GBP

32 17/19p ordinary

SWAP

Increasing Short

155

4.7211  GBP

32 17/19p ordinary

SWAP

Increasing Short

586

4.7215  GBP

32 17/19p ordinary

SWAP

Increasing Short

916

4.7220  GBP

32 17/19p ordinary

SWAP

Increasing Short

4

4.7225  GBP

32 17/19p ordinary

SWAP

Increasing Short

4,588

4.7227  GBP

32 17/19p ordinary

SWAP

Increasing Short

319

4.7232  GBP

32 17/19p ordinary

SWAP

Increasing Short

9,403

4.7253  GBP

32 17/19p ordinary

SWAP

Increasing Short

37,478

4.7255  GBP

32 17/19p ordinary

SWAP

Increasing Short

15,805

4.7256  GBP

32 17/19p ordinary

SWAP

Increasing Short

7,000

4.7343  GBP

32 17/19p ordinary

SWAP

Increasing Short

131,492

4.7350  GBP

32 17/19p ordinary

SWAP

Increasing Long

7,903

4.7058  GBP

32 17/19p ordinary

CFD

Increasing Long

50

4.6776  GBP

32 17/19p ordinary

CFD

Increasing Long

4,920

4.6874  GBP

32 17/19p ordinary

CFD

Increasing Long

68,958

4.7010  GBP

32 17/19p ordinary

CFD

Increasing Long

2,948

4.7242  GBP

32 17/19p ordinary

CFD

Increasing Long

1,052,193

4.7350  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,872

4.6880  GBP

32 17/19p ordinary

CFD

Decreasing Long

2,420

4.6883  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,376

4.6897  GBP

32 17/19p ordinary

CFD

Decreasing Long

124

4.6923  GBP

32 17/19p ordinary

CFD

Decreasing Long

364

4.7004  GBP

32 17/19p ordinary

CFD

Decreasing Long

40,904

4.7021  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,314

4.7179  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,156,479

4.7350  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:

03 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

-322,241

4.2985

European

11 Mar 2025

32 17/19p ordinary

Call Options

Written

-241,321

4.4050

European

06 May 2025

32 17/19p ordinary

Call Options

Written

-120,788

5.3305

European

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,577

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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