RNS Number : 8346U
Barclays PLC
27 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:

24 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:

 

 

20,872,126

0.78%

21,190,326

0.79%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

3,054,232

0.11%

15,034,214

0.56%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

20,000

0.00%

486,679

0.02%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

23,946,358

0.89%

36,711,219

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

554,783

5.0724  GBP

32 17/19p ordinary

Purchase

214,431

5.0716  GBP

32 17/19p ordinary

Purchase

107,044

5.0672  GBP

32 17/19p ordinary

Purchase

90,459

5.0616  GBP

32 17/19p ordinary

Purchase

77,300

5.0604  GBP

32 17/19p ordinary

Purchase

65,543

5.0654  GBP

32 17/19p ordinary

Purchase

44,376

5.0731  GBP

32 17/19p ordinary

Purchase

41,644

5.0639  GBP

32 17/19p ordinary

Purchase

35,584

5.0622  GBP

32 17/19p ordinary

Purchase

33,338

5.0590  GBP

32 17/19p ordinary

Purchase

29,837

5.0720  GBP

32 17/19p ordinary

Purchase

24,127

5.0785  GBP

32 17/19p ordinary

Purchase

20,878

5.0853  GBP

32 17/19p ordinary

Purchase

20,416

5.0468  GBP

32 17/19p ordinary

Purchase

20,101

5.0623  GBP

32 17/19p ordinary

Purchase

16,753

5.0588  GBP

32 17/19p ordinary

Purchase

15,796

5.0650  GBP

32 17/19p ordinary

Purchase

15,078

5.0658  GBP

32 17/19p ordinary

Purchase

12,591

5.0726  GBP

32 17/19p ordinary

Purchase

12,521

5.0670  GBP

32 17/19p ordinary

Purchase

12,008

5.0693  GBP

32 17/19p ordinary

Purchase

11,611

5.0621  GBP

32 17/19p ordinary

Purchase

11,240

5.0517  GBP

32 17/19p ordinary

Purchase

9,429

5.0640  GBP

32 17/19p ordinary

Purchase

8,459

5.0660  GBP

32 17/19p ordinary

Purchase

6,796

5.0485  GBP

32 17/19p ordinary

Purchase

6,350

5.0624  GBP

32 17/19p ordinary

Purchase

5,295

5.0643  GBP

32 17/19p ordinary

Purchase

4,360

5.0780  GBP

32 17/19p ordinary

Purchase

4,311

5.0520  GBP

32 17/19p ordinary

Purchase

3,712

5.0560  GBP

32 17/19p ordinary

Purchase

3,404

5.0440  GBP

32 17/19p ordinary

Purchase

3,390

5.0600  GBP

32 17/19p ordinary

Purchase

3,297

5.0649  GBP

32 17/19p ordinary

Purchase

3,264

5.0575  GBP

32 17/19p ordinary

Purchase

3,262

5.0686  GBP

32 17/19p ordinary

Purchase

3,228

5.0540  GBP

32 17/19p ordinary

Purchase

2,928

5.0704  GBP

32 17/19p ordinary

Purchase

2,667

5.0680  GBP

32 17/19p ordinary

Purchase

2,519

5.0580  GBP

32 17/19p ordinary

Purchase

2,502

5.0400  GBP

32 17/19p ordinary

Purchase

2,427

5.1020  GBP

32 17/19p ordinary

Purchase

2,383

5.0700  GBP

32 17/19p ordinary

Purchase

2,023

5.0500  GBP

32 17/19p ordinary

Purchase

1,946

5.0705  GBP

32 17/19p ordinary

Purchase

1,798

5.0380  GBP

32 17/19p ordinary

Purchase

1,516

5.0740  GBP

32 17/19p ordinary

Purchase

1,444

5.0706  GBP

32 17/19p ordinary

Purchase

1,287

5.0657  GBP

32 17/19p ordinary

Purchase

1,263

5.0760  GBP

32 17/19p ordinary

Purchase

1,253

5.0762  GBP

32 17/19p ordinary

Purchase

1,029

5.0607  GBP

32 17/19p ordinary

Purchase

963

5.0814  GBP

32 17/19p ordinary

Purchase

858

5.0770  GBP

32 17/19p ordinary

Purchase

602

5.0620  GBP

32 17/19p ordinary

Purchase

294

5.0632  GBP

32 17/19p ordinary

Purchase

191

5.0340  GBP

32 17/19p ordinary

Purchase

158

5.0570  GBP

32 17/19p ordinary

Sale

194,946

5.0720  GBP

32 17/19p ordinary

Sale

140,655

5.0676  GBP

32 17/19p ordinary

Sale

125,726

5.0730  GBP

32 17/19p ordinary

Sale

102,951

5.0600  GBP

32 17/19p ordinary

Sale

99,137

5.0695  GBP

32 17/19p ordinary

Sale

86,323

5.0647  GBP

32 17/19p ordinary

Sale

55,595

5.0666  GBP

32 17/19p ordinary

Sale

53,439

5.0664  GBP

32 17/19p ordinary

Sale

52,060

5.0643  GBP

32 17/19p ordinary

Sale

50,170

5.0709  GBP

32 17/19p ordinary

Sale

44,527

5.0743  GBP

32 17/19p ordinary

Sale

40,392

5.0685  GBP

32 17/19p ordinary

Sale

38,967

5.0692  GBP

32 17/19p ordinary

Sale

36,900

5.0626  GBP

32 17/19p ordinary

Sale

27,167

5.0656  GBP

32 17/19p ordinary

Sale

25,532

5.0687  GBP

32 17/19p ordinary

Sale

23,300

5.0652  GBP

32 17/19p ordinary

Sale

22,731

5.0719  GBP

32 17/19p ordinary

Sale

22,722

5.0662  GBP

32 17/19p ordinary

Sale

19,600

5.0454  GBP

32 17/19p ordinary

Sale

16,063

5.0660  GBP

32 17/19p ordinary

Sale

15,844

5.0651  GBP

32 17/19p ordinary

Sale

15,094

5.0613  GBP

32 17/19p ordinary

Sale

14,621

5.0620  GBP

32 17/19p ordinary

Sale

12,736

5.0694  GBP

32 17/19p ordinary

Sale

11,470

5.0671  GBP

32 17/19p ordinary

Sale

9,429

5.0640  GBP

32 17/19p ordinary

Sale

5,867

5.1051  GBP

32 17/19p ordinary

Sale

5,702

5.0726  GBP

32 17/19p ordinary

Sale

5,616

5.0569  GBP

32 17/19p ordinary

Sale

5,611

5.0728  GBP

32 17/19p ordinary

Sale

4,360

5.0780  GBP

32 17/19p ordinary

Sale

4,311

5.0520  GBP

32 17/19p ordinary

Sale

4,174

5.0701  GBP

32 17/19p ordinary

Sale

4,136

5.0673  GBP

32 17/19p ordinary

Sale

4,092

5.0559  GBP

32 17/19p ordinary

Sale

4,015

5.0540  GBP

32 17/19p ordinary

Sale

3,731

5.0735  GBP

32 17/19p ordinary

Sale

3,712

5.0560  GBP

32 17/19p ordinary

Sale

3,504

5.0486  GBP

32 17/19p ordinary

Sale

3,263

5.0753  GBP

32 17/19p ordinary

Sale

3,143

5.0680  GBP

32 17/19p ordinary

Sale

2,519

5.0580  GBP

32 17/19p ordinary

Sale

2,427

5.1020  GBP

32 17/19p ordinary

Sale

2,295

5.0736  GBP

32 17/19p ordinary

Sale

2,275

5.0712  GBP

32 17/19p ordinary

Sale

2,056

5.0669  GBP

32 17/19p ordinary

Sale

2,037

5.0609  GBP

32 17/19p ordinary

Sale

2,023

5.0500  GBP

32 17/19p ordinary

Sale

2,000

5.0858  GBP

32 17/19p ordinary

Sale

1,798

5.0380  GBP

32 17/19p ordinary

Sale

1,783

5.0700  GBP

32 17/19p ordinary

Sale

1,671

5.0965  GBP

32 17/19p ordinary

Sale

1,516

5.0740  GBP

32 17/19p ordinary

Sale

1,362

5.0710  GBP

32 17/19p ordinary

Sale

1,294

5.0751  GBP

32 17/19p ordinary

Sale

1,263

5.0760  GBP

32 17/19p ordinary

Sale

1,080

5.0554  GBP

32 17/19p ordinary

Sale

801

5.0625  GBP

32 17/19p ordinary

Sale

764

5.1038  GBP

32 17/19p ordinary

Sale

668

5.0733  GBP

32 17/19p ordinary

Sale

653

5.0980  GBP

32 17/19p ordinary

Sale

625

5.0510  GBP

32 17/19p ordinary

Sale

582

5.0644  GBP

32 17/19p ordinary

Sale

501

5.0990  GBP

32 17/19p ordinary

Sale

348

5.0653  GBP

32 17/19p ordinary

Sale

258

5.0460  GBP

32 17/19p ordinary

Sale

207

5.1000  GBP

32 17/19p ordinary

Sale

191

5.0340  GBP

32 17/19p ordinary

Sale

33

5.0902  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

42,404

5.0673  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,661

5.0513  GBP

32 17/19p ordinary

SWAP

Decreasing Short

793

5.0559  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,271

5.0566  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,186

5.0576  GBP

32 17/19p ordinary

SWAP

Decreasing Short

10,833

5.0606  GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,206

5.0613  GBP

32 17/19p ordinary

SWAP

Decreasing Short

887

5.0623  GBP

32 17/19p ordinary

SWAP

Decreasing Short

272

5.0624  GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,452

5.0643  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,089

5.0646  GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,661

5.0649  GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,844

5.0651  GBP

32 17/19p ordinary

SWAP

Decreasing Short

718

5.0659  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,920

5.0660  GBP

32 17/19p ordinary

SWAP

Decreasing Short

53,439

5.0664  GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,136

5.0673  GBP

32 17/19p ordinary

SWAP

Decreasing Short

79,690

5.0675  GBP

32 17/19p ordinary

SWAP

Decreasing Short

828

5.0676  GBP

32 17/19p ordinary

SWAP

Decreasing Short

52,476

5.0681  GBP

32 17/19p ordinary

SWAP

Decreasing Short

40,392

5.0685  GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,532

5.0687  GBP

32 17/19p ordinary

SWAP

Decreasing Short

38,967

5.0692  GBP

32 17/19p ordinary

SWAP

Decreasing Short

12,736

5.0694  GBP

32 17/19p ordinary

SWAP

Decreasing Short

50,170

5.0709  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,275

5.0712  GBP

32 17/19p ordinary

SWAP

Decreasing Short

14,536

5.0717  GBP

32 17/19p ordinary

SWAP

Decreasing Short

22,731

5.0719  GBP

32 17/19p ordinary

SWAP

Decreasing Short

157,422

5.0720  GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,364

5.0733  GBP

32 17/19p ordinary

SWAP

Decreasing Short

4,115

5.0748  GBP

32 17/19p ordinary

SWAP

Decreasing Short

70,703

5.0753  GBP

32 17/19p ordinary

SWAP

Decreasing Short

33

5.0902  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,918

5.0935  GBP

32 17/19p ordinary

SWAP

Increasing Short

7,200

5.0449  GBP

32 17/19p ordinary

SWAP

Increasing Short

37,478

5.0578  GBP

32 17/19p ordinary

SWAP

Increasing Short

16,753

5.0588  GBP

32 17/19p ordinary

SWAP

Increasing Short

33,338

5.0590  GBP

32 17/19p ordinary

SWAP

Increasing Short

35,626

5.0591  GBP

32 17/19p ordinary

SWAP

Increasing Short

54,998

5.0593  GBP

32 17/19p ordinary

SWAP

Increasing Short

90,459

5.0616  GBP

32 17/19p ordinary

SWAP

Increasing Short

35,584

5.0622  GBP

32 17/19p ordinary

SWAP

Increasing Short

27,988

5.0629  GBP

32 17/19p ordinary

SWAP

Increasing Short

37,673

5.0653  GBP

32 17/19p ordinary

SWAP

Increasing Short

387

5.0660  GBP

32 17/19p ordinary

SWAP

Increasing Short

12,008

5.0693  GBP

32 17/19p ordinary

SWAP

Increasing Short

151,787

5.0722  GBP

32 17/19p ordinary

SWAP

Increasing Short

37,370

5.0728  GBP

32 17/19p ordinary

SWAP

Increasing Short

44,376

5.0731  GBP

32 17/19p ordinary

SWAP

Increasing Short

900

5.0786  GBP

32 17/19p ordinary

SWAP

Increasing Short

963

5.0814  GBP

32 17/19p ordinary

SWAP

Increasing Short

20,878

5.0853  GBP

32 17/19p ordinary

SWAP

Increasing Long

4,136

5.0728  GBP

32 17/19p ordinary

CFD

Increasing Long

18,384

5.0695  GBP

32 17/19p ordinary

CFD

Increasing Long

4,925

5.0716  GBP

32 17/19p ordinary

CFD

Increasing Long

1,068

5.1010  GBP

32 17/19p ordinary

CFD

Increasing Long

1,532

5.1022  GBP

32 17/19p ordinary

CFD

Decreasing Long

2,523

5.0441  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,000

5.0623  GBP

32 17/19p ordinary

CFD

Decreasing Long

16,224

5.0704  GBP

32 17/19p ordinary

CFD

Decreasing Long

10,179

5.0724  GBP

32 17/19p ordinary

CFD

Decreasing Long

4,925

5.1043  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:

27 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

Put Options

Purchased

-10,000

456.4800

American

19 Dec 2025

32 17/19p ordinary

Call Options

Purchased

10,000

557.9200

American

19 Dec 2025

32 17/19p ordinary

Call Options

Written

-241,316

4.4050

European

06 May 2025

32 17/19p ordinary

Call Options

Written

-120,784

5.3305

European

06 Jun 2025

32 17/19p ordinary

Call Options

Written

-104,579

5.3176

European

05 Jun 2025

32 17/19p ordinary

Call Options

Written

-10,000

557.9200

American

19 Dec 2025

32 17/19p ordinary

Put Options

Written

10,000

456.4800

American

19 Dec 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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