RNS Number : 8754Z
Barclays PLC
07 March 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:

06 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:

 

 

22,592,920

0.84%

21,550,429

0.80%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,419,900

0.43%

15,832,285

0.59%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,398

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

34,012,820

1.27%

37,608,112

1.40%

(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

885,118

5.3618  GBP

32 17/19p ordinary

Purchase

309,729

5.3791  GBP

32 17/19p ordinary

Purchase

250,642

5.3638  GBP

32 17/19p ordinary

Purchase

250,426

5.4020  GBP

32 17/19p ordinary

Purchase

237,940

5.4180  GBP

32 17/19p ordinary

Purchase

182,152

5.3599  GBP

32 17/19p ordinary

Purchase

179,258

5.3888  GBP

32 17/19p ordinary

Purchase

160,830

5.3784  GBP

32 17/19p ordinary

Purchase

131,334

5.3820  GBP

32 17/19p ordinary

Purchase

75,450

5.3708  GBP

32 17/19p ordinary

Purchase

74,223

5.3903  GBP

32 17/19p ordinary

Purchase

73,025

5.3697  GBP

32 17/19p ordinary

Purchase

37,825

5.3839  GBP

32 17/19p ordinary

Purchase

35,351

5.3711  GBP

32 17/19p ordinary

Purchase

29,970

5.3580  GBP

32 17/19p ordinary

Purchase

29,071

5.3771  GBP

32 17/19p ordinary

Purchase

27,261

5.3540  GBP

32 17/19p ordinary

Purchase

23,900

5.4054  GBP

32 17/19p ordinary

Purchase

21,461

5.4077  GBP

32 17/19p ordinary

Purchase

19,778

5.3898  GBP

32 17/19p ordinary

Purchase

15,755

5.3663  GBP

32 17/19p ordinary

Purchase

15,529

5.3986  GBP

32 17/19p ordinary

Purchase

14,745

5.3824  GBP

32 17/19p ordinary

Purchase

12,384

5.3712  GBP

32 17/19p ordinary

Purchase

11,938

5.3627  GBP

32 17/19p ordinary

Purchase

11,517

5.3887  GBP

32 17/19p ordinary

Purchase

11,276

5.3832  GBP

32 17/19p ordinary

Purchase

10,262

5.4258  GBP

32 17/19p ordinary

Purchase

9,472

5.3977  GBP

32 17/19p ordinary

Purchase

8,788

5.3719  GBP

32 17/19p ordinary

Purchase

7,950

5.3656  GBP

32 17/19p ordinary

Purchase

7,095

5.3720  GBP

32 17/19p ordinary

Purchase

6,549

5.4040  GBP

32 17/19p ordinary

Purchase

6,341

5.3740  GBP

32 17/19p ordinary

Purchase

6,147

5.3969  GBP

32 17/19p ordinary

Purchase

5,668

5.3896  GBP

32 17/19p ordinary

Purchase

5,555

5.3713  GBP

32 17/19p ordinary

Purchase

4,946

5.3680  GBP

32 17/19p ordinary

Purchase

4,201

5.3694  GBP

32 17/19p ordinary

Purchase

3,994

5.3682  GBP

32 17/19p ordinary

Purchase

3,160

5.3642  GBP

32 17/19p ordinary

Purchase

2,953

5.3670  GBP

32 17/19p ordinary

Purchase

2,500

5.3825  GBP

32 17/19p ordinary

Purchase

2,488

5.3890  GBP

32 17/19p ordinary

Purchase

2,431

5.4260  GBP

32 17/19p ordinary

Purchase

2,429

5.3763  GBP

32 17/19p ordinary

Purchase

1,917

5.3770  GBP

32 17/19p ordinary

Purchase

1,447

5.3747  GBP

32 17/19p ordinary

Purchase

1,430

5.3779  GBP

32 17/19p ordinary

Purchase

1,390

5.3710  GBP

32 17/19p ordinary

Purchase

1,381

5.4277  GBP

32 17/19p ordinary

Purchase

1,366

5.3660  GBP

32 17/19p ordinary

Purchase

1,046

5.3620  GBP

32 17/19p ordinary

Purchase

993

5.3920  GBP

32 17/19p ordinary

Purchase

983

5.4010  GBP

32 17/19p ordinary

Purchase

862

5.4300  GBP

32 17/19p ordinary

Purchase

796

5.3610  GBP

32 17/19p ordinary

Purchase

681

5.3794  GBP

32 17/19p ordinary

Purchase

650

5.3700  GBP

32 17/19p ordinary

Purchase

622

5.3900  GBP

32 17/19p ordinary

Purchase

534

5.4200  GBP

32 17/19p ordinary

Purchase

512

5.3871  GBP

32 17/19p ordinary

Purchase

88

5.4148  GBP

32 17/19p ordinary

Purchase

50

5.4158  GBP

32 17/19p ordinary

Sale

573,400

5.3603  GBP

32 17/19p ordinary

Sale

527,974

5.3580  GBP

32 17/19p ordinary

Sale

387,091

5.3787  GBP

32 17/19p ordinary

Sale

186,098

5.3981  GBP

32 17/19p ordinary

Sale

139,004

5.3957  GBP

32 17/19p ordinary

Sale

120,038

5.4097  GBP

32 17/19p ordinary

Sale

84,746

5.3770  GBP

32 17/19p ordinary

Sale

62,913

5.3663  GBP

32 17/19p ordinary

Sale

36,497

5.3594  GBP

32 17/19p ordinary

Sale

29,853

5.3900  GBP

32 17/19p ordinary

Sale

25,332

5.3682  GBP

32 17/19p ordinary

Sale

21,751

5.3673  GBP

32 17/19p ordinary

Sale

20,128

5.3748  GBP

32 17/19p ordinary

Sale

19,510

5.3790  GBP

32 17/19p ordinary

Sale

17,282

5.4088  GBP

32 17/19p ordinary

Sale

16,175

5.4070  GBP

32 17/19p ordinary

Sale

13,316

5.3796  GBP

32 17/19p ordinary

Sale

10,998

5.3933  GBP

32 17/19p ordinary

Sale

10,306

5.4000  GBP

32 17/19p ordinary

Sale

10,262

5.4258  GBP

32 17/19p ordinary

Sale

10,212

5.3762  GBP

32 17/19p ordinary

Sale

10,000

5.3916  GBP

32 17/19p ordinary

Sale

7,352

5.3820  GBP

32 17/19p ordinary

Sale

6,953

5.3891  GBP

32 17/19p ordinary

Sale

6,881

5.3962  GBP

32 17/19p ordinary

Sale

6,549

5.4040  GBP

32 17/19p ordinary

Sale

5,645

5.3779  GBP

32 17/19p ordinary

Sale

4,834

5.3910  GBP

32 17/19p ordinary

Sale

4,400

5.4102  GBP

32 17/19p ordinary

Sale

4,336

5.3680  GBP

32 17/19p ordinary

Sale

4,103

5.3899  GBP

32 17/19p ordinary

Sale

3,034

5.4125  GBP

32 17/19p ordinary

Sale

2,431

5.4260  GBP

32 17/19p ordinary

Sale

1,931

5.3982  GBP

32 17/19p ordinary

Sale

1,725

5.3591  GBP

32 17/19p ordinary

Sale

1,676

5.3720  GBP

32 17/19p ordinary

Sale

1,586

5.3560  GBP

32 17/19p ordinary

Sale

1,480

5.3940  GBP

32 17/19p ordinary

Sale

1,458

5.3751  GBP

32 17/19p ordinary

Sale

1,457

5.3980  GBP

32 17/19p ordinary

Sale

1,447

5.3753  GBP

32 17/19p ordinary

Sale

1,390

5.3710  GBP

32 17/19p ordinary

Sale

1,366

5.3660  GBP

32 17/19p ordinary

Sale

1,283

5.3670  GBP

32 17/19p ordinary

Sale

1,046

5.3620  GBP

32 17/19p ordinary

Sale

993

5.3920  GBP

32 17/19p ordinary

Sale

914

5.3640  GBP

32 17/19p ordinary

Sale

881

5.3800  GBP

32 17/19p ordinary

Sale

862

5.4300  GBP

32 17/19p ordinary

Sale

796

5.3610  GBP

32 17/19p ordinary

Sale

650

5.3700  GBP

32 17/19p ordinary

Sale

621

5.3911  GBP

32 17/19p ordinary

Sale

190

5.3740  GBP

32 17/19p ordinary

Sale

47

5.3579  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

Increasing Long

520,819

5.3603  GBP

32 17/19p ordinary

SWAP

Decreasing Long

24,643

5.3788  GBP

32 17/19p ordinary

SWAP

Decreasing Long

17,130

5.3789  GBP

32 17/19p ordinary

SWAP

Decreasing Short

70,935

5.3580  GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,000

5.3591  GBP

32 17/19p ordinary

SWAP

Decreasing Short

36,497

5.3594  GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,216

5.3606  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,679

5.3610  GBP

32 17/19p ordinary

SWAP

Decreasing Short

73

5.3695  GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,750

5.3705  GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,645

5.3779  GBP

32 17/19p ordinary

SWAP

Decreasing Short

20,212

5.3838  GBP

32 17/19p ordinary

SWAP

Decreasing Short

84,265

5.3929  GBP

32 17/19p ordinary

SWAP

Decreasing Short

135,237

5.3956  GBP

32 17/19p ordinary

SWAP

Decreasing Short

139,004

5.3957  GBP

32 17/19p ordinary

SWAP

Decreasing Short

6,881

5.3962  GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,579

5.3991  GBP

32 17/19p ordinary

SWAP

Decreasing Short

10,306

5.4000  GBP

32 17/19p ordinary

SWAP

Decreasing Short

17,282

5.4088  GBP

32 17/19p ordinary

SWAP

Decreasing Short

115,454

5.4097  GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,400

5.4102  GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,050

5.4104  GBP

32 17/19p ordinary

SWAP

Decreasing Short

534

5.4159  GBP

32 17/19p ordinary

SWAP

Increasing Short

600

5.3500  GBP

32 17/19p ordinary

SWAP

Increasing Short

210,176

5.3580  GBP

32 17/19p ordinary

SWAP

Increasing Short

140,900

5.3582  GBP

32 17/19p ordinary

SWAP

Increasing Short

262,410

5.3587  GBP

32 17/19p ordinary

SWAP

Increasing Short

236,383

5.3596  GBP

32 17/19p ordinary

SWAP

Increasing Short

30,678

5.3676  GBP

32 17/19p ordinary

SWAP

Increasing Short

10,663

5.3687  GBP

32 17/19p ordinary

SWAP

Increasing Short

263

5.3703  GBP

32 17/19p ordinary

SWAP

Increasing Short

131

5.3704  GBP

32 17/19p ordinary

SWAP

Increasing Short

75,450

5.3708  GBP

32 17/19p ordinary

SWAP

Increasing Short

35,351

5.3711  GBP

32 17/19p ordinary

SWAP

Increasing Short

31,684

5.3720  GBP

32 17/19p ordinary

SWAP

Increasing Short

86,512

5.3778  GBP

32 17/19p ordinary

SWAP

Increasing Short

110,107

5.3779  GBP

32 17/19p ordinary

SWAP

Increasing Short

309,729

5.3791  GBP

32 17/19p ordinary

SWAP

Increasing Short

131,334

5.3820  GBP

32 17/19p ordinary

SWAP

Increasing Short

13,036

5.4000  GBP

32 17/19p ordinary

SWAP

Increasing Short

3,897

5.4004  GBP

32 17/19p ordinary

SWAP

Increasing Short

242,830

5.4020  GBP

32 17/19p ordinary

SWAP

Increasing Short

11,060

5.4098  GBP

32 17/19p ordinary

SWAP

Increasing Short

47

5.4100  GBP

32 17/19p ordinary

SWAP

Increasing Short

88

5.4148  GBP

32 17/19p ordinary

SWAP

Increasing Short

237,940

5.4180  GBP

32 17/19p ordinary

SWAP

Increasing Long

1,889

5.4052  GBP

32 17/19p ordinary

CFD

Increasing Long

7,590

5.3576  GBP

32 17/19p ordinary

CFD

Increasing Long

427,048

5.3580  GBP

32 17/19p ordinary

CFD

Increasing Long

914

5.3640  GBP

32 17/19p ordinary

CFD

Increasing Long

5,369

5.3814  GBP

32 17/19p ordinary

CFD

Increasing Long

2,063

5.4026  GBP

32 17/19p ordinary

CFD

Increasing Long

472

5.4179  GBP

32 17/19p ordinary

CFD

Increasing Long

10,262

5.4258  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,125

5.3464  GBP

32 17/19p ordinary

CFD

Decreasing Long

130,132

5.3584  GBP

32 17/19p ordinary

CFD

Decreasing Long

41,353

5.3639  GBP

32 17/19p ordinary

CFD

Decreasing Long

2,670

5.3700  GBP

32 17/19p ordinary

CFD

Decreasing Long

67,209

5.3706  GBP

32 17/19p ordinary

CFD

Decreasing Long

60,071

5.3964  GBP

32 17/19p ordinary

CFD

Decreasing Long

7,590

5.4263  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:

07 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

-120,815

5.3305

European

06 Jun 2025

 

32 17/19p ordinary

Call Options

Written

-104,583

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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