|
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:
|
13
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:
|
20,025,116
|
0.75%
|
19,369,740
|
0.72%
|
|
(2)
Cash-settled derivatives:
|
1,494,655
|
0.06%
|
15,924,498
|
0.59%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
788,948
|
0.03%
|
|
TOTAL:
|
21,519,771
|
0.80%
|
36,083,186
|
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
|
|
|
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
|
590,199
|
4.6870 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
549,903
|
4.6867 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
388,867
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
219,053
|
4.6750 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
164,290
|
4.6760 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
114,535
|
4.6897 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
111,477
|
4.6865 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
105,789
|
4.6640 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
49,955
|
4.6805 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
47,828
|
4.6824 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
45,708
|
4.6898 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
39,505
|
4.6749 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
38,765
|
4.6812 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
35,414
|
4.6813 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
28,665
|
4.6763 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
17,404
|
4.6849 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
14,603
|
4.6883 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
12,392
|
4.6822 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
11,108
|
4.6787 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,228
|
4.6722 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
7,480
|
4.6753 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,895
|
4.7039 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,803
|
4.6777 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,841
|
4.6884 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,546
|
4.6862 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,973
|
4.6809 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,257
|
4.6781 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,708
|
4.6842 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,442
|
4.6951 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,112
|
4.6806 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,458
|
4.6650 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
946
|
4.6992 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
867
|
4.6835 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
815
|
4.6940 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
795
|
4.6770 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
591
|
4.6690 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
581
|
4.6945 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
543
|
4.7000 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
445
|
4.7010 GBP
|
|
ADR
|
Purchase
|
400
|
11.4900 USD
|
|
32 17/19p
ordinary
|
Purchase
|
390
|
4.6820 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
243
|
4.6959 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
167
|
4.6840 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
23
|
4.6956 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
9
|
4.6980 GBP
|
|
32 17/19p
ordinary
|
Sale
|
215,837
|
4.6867 GBP
|
|
32 17/19p
ordinary
|
Sale
|
195,440
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
Sale
|
109,526
|
4.6718 GBP
|
|
32 17/19p
ordinary
|
Sale
|
80,161
|
4.6874 GBP
|
|
32 17/19p
ordinary
|
Sale
|
78,985
|
4.6870 GBP
|
|
32 17/19p
ordinary
|
Sale
|
56,025
|
4.6888 GBP
|
|
32 17/19p
ordinary
|
Sale
|
34,514
|
4.6858 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,386
|
4.6769 GBP
|
|
32 17/19p
ordinary
|
Sale
|
23,219
|
4.6849 GBP
|
|
32 17/19p
ordinary
|
Sale
|
20,175
|
4.6879 GBP
|
|
32 17/19p
ordinary
|
Sale
|
17,630
|
4.6709 GBP
|
|
32 17/19p
ordinary
|
Sale
|
17,180
|
4.6822 GBP
|
|
32 17/19p
ordinary
|
Sale
|
10,375
|
4.6751 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,874
|
4.6837 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,682
|
4.6770 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,587
|
4.6772 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,326
|
4.6821 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,495
|
4.6791 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,310
|
4.6802 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,007
|
4.6786 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,516
|
4.6747 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,833
|
4.6991 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,701
|
4.7040 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,688
|
4.6817 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,446
|
4.7052 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,348
|
4.6883 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,225
|
4.6768 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,134
|
4.6843 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,110
|
4.6749 GBP
|
|
32 17/19p
ordinary
|
Sale
|
872
|
4.6800 GBP
|
|
32 17/19p
ordinary
|
Sale
|
824
|
4.6941 GBP
|
|
32 17/19p
ordinary
|
Sale
|
815
|
4.6940 GBP
|
|
32 17/19p
ordinary
|
Sale
|
591
|
4.6690 GBP
|
|
32 17/19p
ordinary
|
Sale
|
581
|
4.6950 GBP
|
|
32 17/19p
ordinary
|
Sale
|
543
|
4.7000 GBP
|
|
32 17/19p
ordinary
|
Sale
|
466
|
4.7070 GBP
|
|
32 17/19p
ordinary
|
Sale
|
449
|
4.7020 GBP
|
|
32 17/19p
ordinary
|
Sale
|
445
|
4.7010 GBP
|
|
32 17/19p
ordinary
|
Sale
|
445
|
4.7060 GBP
|
|
ADR
|
Sale
|
400
|
11.4900 USD
|
|
32 17/19p
ordinary
|
Sale
|
243
|
4.6960 GBP
|
|
32 17/19p
ordinary
|
Sale
|
124
|
4.6851 GBP
|
|
32 17/19p
ordinary
|
Sale
|
45
|
4.6860 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9
|
4.6980 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
|
109,526
|
4.6718 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,516
|
4.6747 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,225
|
4.6768 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
374
|
4.6809 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,081
|
4.6813 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,041
|
4.6822 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
665
|
4.6829 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
45
|
4.6859 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
16,355
|
4.6861 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
78,985
|
4.6870 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
74,222
|
4.6874 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
20,175
|
4.6879 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
95,136
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
28,493
|
4.6888 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
11,177
|
4.6927 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
443
|
4.6969 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
105,789
|
4.6640 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
13,663
|
4.6725 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,803
|
4.6777 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
15,002
|
4.6797 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
10,000
|
4.6800 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
49,955
|
4.6805 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,112
|
4.6806 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
390
|
4.6820 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,154
|
4.6832 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
17,404
|
4.6849 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
82,056
|
4.6855 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
17,886
|
4.6856 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
590,199
|
4.6871 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
41,470
|
4.6873 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
97,327
|
4.6875 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
38,024
|
4.6876 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
416,178
|
4.6880 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
27,587
|
4.6882 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
372
|
4.6891 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
19,406
|
4.6895 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
114,535
|
4.6897 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
26,386
|
4.6769 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
2,005
|
4.6780 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
5,756
|
4.6829 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
5,976
|
4.6876 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
400
|
4.6693 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
15,995
|
4.6812 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
5,976
|
4.6863 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
873
|
4.6879 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
27,119
|
4.6883 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Short
|
57,065
|
4.6890 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:
|
14 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
|
-322,255
|
4.2985
|
European
|
11-Mar-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-241,324
|
4.4050
|
European
|
06-May-25
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-120,790
|
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:
|
|
|
