|
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:
|
03
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:
|
22,049,964
|
0.82%
|
16,525,752
|
0.62%
|
|
|
(2)
Cash-settled derivatives:
|
2,505,749
|
0.09%
|
18,281,412
|
0.68%
|
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
788,924
|
0.03%
|
|
|
TOTAL:
|
24,555,713
|
0.92%
|
35,596,088
|
1.33%
|
|
|
(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
|
1,219,601
|
4.7450 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
377,005
|
4.7650 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
357,001
|
4.7477 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
286,700
|
4.7423 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
114,426
|
4.7500 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
84,489
|
4.7501 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
78,843
|
4.7459 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
40,357
|
4.7525 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
27,489
|
4.7457 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
23,519
|
4.7487 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
16,792
|
4.7506 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
13,937
|
4.7571 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
9,214
|
4.7537 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
8,916
|
4.7492 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
7,722
|
4.7447 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
6,660
|
4.7489 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
6,529
|
4.7495 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
6,379
|
4.7490 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
5,491
|
4.7480 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
4,751
|
4.7533 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
4,290
|
4.7543 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
3,960
|
4.7494 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
3,434
|
4.7700 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
2,602
|
4.7510 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
2,451
|
4.7380 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,626
|
4.7541 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,493
|
4.7674 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,487
|
4.7390 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,445
|
4.7420 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,416
|
4.7475 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,403
|
4.7430 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,399
|
4.7470 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
1,369
|
4.7440 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
918
|
4.7518 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
866
|
4.7670 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
841
|
4.7400 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
710
|
4.7728 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
696
|
4.7710 GBP
|
|
|
ADR
|
Purchase
|
680
|
11.9229 USD
|
|
|
32 17/19p
ordinary
|
Purchase
|
347
|
4.7730 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
321
|
4.7633 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
304
|
4.7604 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
291
|
4.7580 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
218
|
4.7410 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
153
|
4.7515 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
129
|
4.7680 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
100
|
4.7750 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
94
|
4.7620 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
59
|
4.7590 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
38
|
4.7540 GBP
|
|
|
32 17/19p
ordinary
|
Purchase
|
11
|
4.7460 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,039,390
|
4.7450 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
339,330
|
4.7462 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
149,299
|
4.7500 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
147,957
|
4.7489 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
123,638
|
4.7532 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
90,793
|
4.7526 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
66,359
|
4.7539 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
55,491
|
4.7531 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
42,479
|
4.7493 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
42,437
|
4.7497 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
39,340
|
4.7487 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
31,300
|
4.7592 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
27,585
|
4.7494 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
24,710
|
4.7588 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
20,210
|
4.7485 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
17,743
|
4.7519 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
14,370
|
4.7514 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
14,013
|
4.7510 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
12,060
|
4.7576 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
11,659
|
4.7523 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
9,390
|
4.7483 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
8,626
|
4.7548 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
7,910
|
4.7534 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
7,705
|
4.7507 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
6,677
|
4.7559 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
6,096
|
4.7381 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
5,491
|
4.7480 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
5,345
|
4.7409 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
4,894
|
4.7583 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
4,625
|
4.7521 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
4,303
|
4.7624 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
3,986
|
4.7490 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
3,801
|
4.7656 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
2,838
|
4.7445 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
2,451
|
4.7380 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
2,207
|
4.7474 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
2,098
|
4.7653 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,493
|
4.7679 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,487
|
4.7390 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,403
|
4.7430 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,399
|
4.7470 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,369
|
4.7440 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,323
|
4.7662 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
1,247
|
4.7700 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
877
|
4.7426 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
866
|
4.7670 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
862
|
4.7330 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
841
|
4.7400 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
779
|
4.7449 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
696
|
4.7710 GBP
|
|
|
ADR
|
Sale
|
680
|
11.9229 USD
|
|
|
32 17/19p
ordinary
|
Sale
|
538
|
4.7460 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
529
|
4.7420 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
445
|
4.7318 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
441
|
4.7415 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
347
|
4.7730 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
218
|
4.7410 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
129
|
4.7680 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
94
|
4.7620 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
89
|
4.7513 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
39
|
4.7492 GBP
|
|
|
32 17/19p
ordinary
|
Sale
|
38
|
4.7540 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
|
Decreasing Short
|
862
|
4.7330 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,450
|
4.7379 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
646
|
4.7399 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
441
|
4.7415 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
877
|
4.7426 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,838
|
4.7445 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
779
|
4.7449 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
81,021
|
4.7450 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
104,430
|
4.7500 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
16,196
|
4.7508 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
45,440
|
4.7509 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
59,728
|
4.7526 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
34,544
|
4.7530 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
123,638
|
4.7533 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
34,900
|
4.7540 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
45,325
|
4.7546 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
6,677
|
4.7559 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,801
|
4.7656 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
652
|
4.7700 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
166
|
4.7310 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
286,700
|
4.7423 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
20,938
|
4.7450 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
27,489
|
4.7457 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,782
|
4.7474 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,192
|
4.7490 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,709
|
4.7491 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,224
|
4.7492 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,960
|
4.7494 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,529
|
4.7495 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,611
|
4.7501 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
918
|
4.7518 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
517
|
4.7536 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
31,371
|
4.7537 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
321
|
4.7634 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
377,005
|
4.7650 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,839
|
4.7700 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
10,934
|
4.7540 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
680
|
4.7403 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
1,332
|
4.7446 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
945,149
|
4.7450 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
21,204
|
4.7502 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
55,491
|
4.7531 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,098
|
4.7653 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,332
|
4.7313 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,003,796
|
4.7450 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
25,428
|
4.7451 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
105,913
|
4.7500 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:
|
06 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
|
-322,242
|
4.2985
|
European
|
11-Mar-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,314
|
4.4050
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,789
|
5.3305
|
European
|
06-Jun-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,579
|
5.3176
|
European
|
05-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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
