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:
|
05
Mar 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:
|
|
|
21,740,472
|
0.81%
|
21,532,343
|
0.80%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
11,469,553
|
0.43%
|
15,006,171
|
0.56%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
225,358
|
0.01%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
33,210,025
|
1.24%
|
36,763,872
|
1.37%
|
(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
|
422,466
|
5.4167 GBP
|
32 17/19p
ordinary
|
Purchase
|
274,003
|
5.4178 GBP
|
32 17/19p
ordinary
|
Purchase
|
217,293
|
5.4000 GBP
|
32 17/19p
ordinary
|
Purchase
|
205,052
|
5.4165 GBP
|
32 17/19p
ordinary
|
Purchase
|
188,674
|
5.3787 GBP
|
32 17/19p
ordinary
|
Purchase
|
135,537
|
5.4180 GBP
|
32 17/19p
ordinary
|
Purchase
|
135,212
|
5.4018 GBP
|
32 17/19p
ordinary
|
Purchase
|
133,804
|
5.3813 GBP
|
32 17/19p
ordinary
|
Purchase
|
109,476
|
5.4135 GBP
|
32 17/19p
ordinary
|
Purchase
|
96,182
|
5.3793 GBP
|
32 17/19p
ordinary
|
Purchase
|
77,156
|
5.3805 GBP
|
32 17/19p
ordinary
|
Purchase
|
73,760
|
5.3740 GBP
|
32 17/19p
ordinary
|
Purchase
|
71,538
|
5.4055 GBP
|
32 17/19p
ordinary
|
Purchase
|
54,078
|
5.4129 GBP
|
32 17/19p
ordinary
|
Purchase
|
52,327
|
5.4012 GBP
|
32 17/19p
ordinary
|
Purchase
|
41,967
|
5.4107 GBP
|
32 17/19p
ordinary
|
Purchase
|
34,276
|
5.4040 GBP
|
32 17/19p
ordinary
|
Purchase
|
28,868
|
5.4168 GBP
|
32 17/19p
ordinary
|
Purchase
|
24,864
|
5.3959 GBP
|
32 17/19p
ordinary
|
Purchase
|
24,139
|
5.4031 GBP
|
32 17/19p
ordinary
|
Purchase
|
21,911
|
5.4238 GBP
|
32 17/19p
ordinary
|
Purchase
|
21,258
|
5.3660 GBP
|
32 17/19p
ordinary
|
Purchase
|
18,094
|
5.4124 GBP
|
32 17/19p
ordinary
|
Purchase
|
16,617
|
5.3865 GBP
|
32 17/19p
ordinary
|
Purchase
|
15,206
|
5.3818 GBP
|
32 17/19p
ordinary
|
Purchase
|
11,592
|
5.4239 GBP
|
32 17/19p
ordinary
|
Purchase
|
9,042
|
5.4175 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,930
|
5.4010 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,428
|
5.4033 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,060
|
5.4068 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,230
|
5.4320 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,822
|
5.4087 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,536
|
5.4302 GBP
|
32 17/19p
ordinary
|
Purchase
|
4,440
|
5.4106 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,473
|
5.3991 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,304
|
5.4125 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,780
|
5.3795 GBP
|
ADR
|
Purchase
|
2,100
|
14.1500 USD
|
ADR
|
Purchase
|
1,872
|
14.1165 USD
|
32 17/19p
ordinary
|
Purchase
|
1,798
|
5.4159 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,685
|
5.4139 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,547
|
5.4080 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,206
|
5.4084 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,178
|
5.4020 GBP
|
32 17/19p
ordinary
|
Purchase
|
996
|
5.4030 GBP
|
32 17/19p
ordinary
|
Purchase
|
732
|
5.3719 GBP
|
32 17/19p
ordinary
|
Purchase
|
646
|
5.4102 GBP
|
32 17/19p
ordinary
|
Purchase
|
603
|
5.4060 GBP
|
32 17/19p
ordinary
|
Purchase
|
578
|
5.4300 GBP
|
32 17/19p
ordinary
|
Purchase
|
534
|
5.3980 GBP
|
32 17/19p
ordinary
|
Purchase
|
521
|
5.3960 GBP
|
32 17/19p
ordinary
|
Purchase
|
508
|
5.4220 GBP
|
32 17/19p
ordinary
|
Purchase
|
452
|
5.4280 GBP
|
32 17/19p
ordinary
|
Purchase
|
354
|
5.4172 GBP
|
32 17/19p
ordinary
|
Purchase
|
301
|
5.4160 GBP
|
32 17/19p
ordinary
|
Purchase
|
281
|
5.4240 GBP
|
32 17/19p
ordinary
|
Purchase
|
275
|
5.4100 GBP
|
32 17/19p
ordinary
|
Purchase
|
255
|
5.4197 GBP
|
32 17/19p
ordinary
|
Purchase
|
87
|
5.4314 GBP
|
32 17/19p
ordinary
|
Purchase
|
45
|
5.4140 GBP
|
32 17/19p
ordinary
|
Sale
|
554,249
|
5.4142 GBP
|
32 17/19p
ordinary
|
Sale
|
516,413
|
5.4180 GBP
|
32 17/19p
ordinary
|
Sale
|
449,792
|
5.4167 GBP
|
32 17/19p
ordinary
|
Sale
|
415,720
|
5.3872 GBP
|
32 17/19p
ordinary
|
Sale
|
329,453
|
5.4035 GBP
|
32 17/19p
ordinary
|
Sale
|
223,314
|
5.3996 GBP
|
32 17/19p
ordinary
|
Sale
|
174,386
|
5.4176 GBP
|
32 17/19p
ordinary
|
Sale
|
143,225
|
5.4192 GBP
|
32 17/19p
ordinary
|
Sale
|
122,766
|
5.3862 GBP
|
32 17/19p
ordinary
|
Sale
|
109,573
|
5.4086 GBP
|
32 17/19p
ordinary
|
Sale
|
74,505
|
5.3813 GBP
|
32 17/19p
ordinary
|
Sale
|
74,281
|
5.4135 GBP
|
32 17/19p
ordinary
|
Sale
|
66,802
|
5.4157 GBP
|
32 17/19p
ordinary
|
Sale
|
61,766
|
5.4203 GBP
|
32 17/19p
ordinary
|
Sale
|
50,393
|
5.3889 GBP
|
32 17/19p
ordinary
|
Sale
|
48,944
|
5.4235 GBP
|
32 17/19p
ordinary
|
Sale
|
48,185
|
5.3794 GBP
|
32 17/19p
ordinary
|
Sale
|
46,968
|
5.4189 GBP
|
32 17/19p
ordinary
|
Sale
|
39,455
|
5.4177 GBP
|
32 17/19p
ordinary
|
Sale
|
36,880
|
5.3740 GBP
|
32 17/19p
ordinary
|
Sale
|
32,306
|
5.3876 GBP
|
32 17/19p
ordinary
|
Sale
|
28,344
|
5.4033 GBP
|
32 17/19p
ordinary
|
Sale
|
15,932
|
5.4165 GBP
|
32 17/19p
ordinary
|
Sale
|
11,299
|
5.4144 GBP
|
32 17/19p
ordinary
|
Sale
|
10,989
|
5.4257 GBP
|
32 17/19p
ordinary
|
Sale
|
10,629
|
5.3660 GBP
|
32 17/19p
ordinary
|
Sale
|
9,100
|
5.4234 GBP
|
32 17/19p
ordinary
|
Sale
|
8,984
|
5.4029 GBP
|
32 17/19p
ordinary
|
Sale
|
8,601
|
5.3895 GBP
|
32 17/19p
ordinary
|
Sale
|
8,292
|
5.4320 GBP
|
32 17/19p
ordinary
|
Sale
|
7,151
|
5.4210 GBP
|
32 17/19p
ordinary
|
Sale
|
5,272
|
5.4009 GBP
|
32 17/19p
ordinary
|
Sale
|
5,236
|
5.4127 GBP
|
32 17/19p
ordinary
|
Sale
|
4,633
|
5.4101 GBP
|
32 17/19p
ordinary
|
Sale
|
4,030
|
5.4068 GBP
|
32 17/19p
ordinary
|
Sale
|
3,091
|
5.4270 GBP
|
32 17/19p
ordinary
|
Sale
|
2,861
|
5.3970 GBP
|
32 17/19p
ordinary
|
Sale
|
2,826
|
5.4233 GBP
|
32 17/19p
ordinary
|
Sale
|
2,740
|
5.3967 GBP
|
32 17/19p
ordinary
|
Sale
|
2,325
|
5.4129 GBP
|
32 17/19p
ordinary
|
Sale
|
2,272
|
5.4147 GBP
|
ADR
|
Sale
|
2,100
|
14.1500 USD
|
ADR
|
Sale
|
1,872
|
14.1165 USD
|
32 17/19p
ordinary
|
Sale
|
1,401
|
5.4220 GBP
|
32 17/19p
ordinary
|
Sale
|
1,206
|
5.4060 GBP
|
32 17/19p
ordinary
|
Sale
|
1,044
|
5.4000 GBP
|
32 17/19p
ordinary
|
Sale
|
1,042
|
5.3960 GBP
|
32 17/19p
ordinary
|
Sale
|
1,000
|
5.4080 GBP
|
32 17/19p
ordinary
|
Sale
|
1,000
|
5.4020 GBP
|
32 17/19p
ordinary
|
Sale
|
990
|
5.4282 GBP
|
32 17/19p
ordinary
|
Sale
|
710
|
5.4010 GBP
|
32 17/19p
ordinary
|
Sale
|
200
|
5.4280 GBP
|
32 17/19p
ordinary
|
Sale
|
113
|
5.4160 GBP
|
32 17/19p
ordinary
|
Sale
|
48
|
5.4190 GBP
|
32 17/19p
ordinary
|
Sale
|
45
|
5.4140 GBP
|
32 17/19p
ordinary
|
Sale
|
28
|
5.4100 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 Long
|
40,329
|
5.4136 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
10,926
|
5.3945 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
56,097
|
5.3964 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,861
|
5.3970 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
223,314
|
5.3996 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
8,984
|
5.4029 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
32,586
|
5.4031 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
16,781
|
5.4034 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
329,453
|
5.4035 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
744
|
5.4104 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
128
|
5.4106 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,567
|
5.4113 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,272
|
5.4147 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
15,932
|
5.4165 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
27,326
|
5.4167 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
174,386
|
5.4176 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
39,455
|
5.4177 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
263
|
5.4179 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
109,435
|
5.4180 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
46,968
|
5.4189 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
143,225
|
5.4192 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
61,766
|
5.4203 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,151
|
5.4210 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
37,227
|
5.4214 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,401
|
5.4220 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
25,029
|
5.4234 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
48,944
|
5.4235 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1
|
5.3560 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,285
|
5.3713 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
24,864
|
5.3959 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
66,801
|
5.3986 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
11,673
|
5.3996 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
214,411
|
5.4000 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
52,327
|
5.4012 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
942
|
5.4016 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,783
|
5.4020 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
13,315
|
5.4034 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
34,276
|
5.4040 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
55,096
|
5.4053 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
71,538
|
5.4055 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
17,975
|
5.4080 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
5,822
|
5.4087 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
354
|
5.4172 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
190,300
|
5.4177 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,341
|
5.4180 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
31,878
|
5.4182 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
255
|
5.4197 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
281
|
5.4240 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
2,981
|
5.3957 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Long
|
7,900
|
5.4180 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
4,350
|
5.4073 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
422,466
|
5.4167 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Short
|
5,380
|
5.4176 GBP
|
32 17/19p
ordinary
|
CFD
|
Opening
Long
|
56,574
|
5.4179 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
5,005
|
5.4220 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,062
|
5.4318 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
4,180
|
5.3563 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
2,076
|
5.4108 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
651
|
5.4180 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
2,839
|
5.4220 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
5,144
|
5.4223 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,900
|
5.4235 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:
|
06 Mar 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
|
-120,787
|
5.3305
|
European
|
06 Jun
2025
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,571
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|