RNS Number : 8520U
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:

23 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:

 

 

20,648,031

0.77%

21,099,438

0.79%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,960,619

0.11%

15,035,689

0.56%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

466,687

0.02%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

23,608,650

0.88%

36,601,814

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

362,480

5.1200  GBP

32 17/19p ordinary

Purchase

231,966

5.1177  GBP

32 17/19p ordinary

Purchase

182,393

5.1102  GBP

32 17/19p ordinary

Purchase

111,788

5.1193  GBP

32 17/19p ordinary

Purchase

89,041

5.1133  GBP

32 17/19p ordinary

Purchase

60,360

5.1147  GBP

32 17/19p ordinary

Purchase

56,135

5.1125  GBP

32 17/19p ordinary

Purchase

50,950

5.1155  GBP

32 17/19p ordinary

Purchase

41,700

5.1070  GBP

32 17/19p ordinary

Purchase

39,659

5.1342  GBP

32 17/19p ordinary

Purchase

24,372

5.1135  GBP

32 17/19p ordinary

Purchase

23,802

5.1240  GBP

32 17/19p ordinary

Purchase

15,068

5.1086  GBP

32 17/19p ordinary

Purchase

11,664

5.1213  GBP

32 17/19p ordinary

Purchase

11,436

5.1101  GBP

32 17/19p ordinary

Purchase

10,461

5.1185  GBP

32 17/19p ordinary

Purchase

9,886

5.1180  GBP

32 17/19p ordinary

Purchase

9,820

5.1174  GBP

32 17/19p ordinary

Purchase

7,970

5.1210  GBP

32 17/19p ordinary

Purchase

7,532

5.1179  GBP

32 17/19p ordinary

Purchase

6,999

5.1220  GBP

32 17/19p ordinary

Purchase

6,417

5.1260  GBP

32 17/19p ordinary

Purchase

5,669

5.1020  GBP

32 17/19p ordinary

Purchase

5,255

5.1178  GBP

32 17/19p ordinary

Purchase

5,100

5.1123  GBP

32 17/19p ordinary

Purchase

4,780

5.1000  GBP

32 17/19p ordinary

Purchase

4,472

5.1160  GBP

32 17/19p ordinary

Purchase

4,430

5.1007  GBP

32 17/19p ordinary

Purchase

4,377

5.1060  GBP

32 17/19p ordinary

Purchase

4,090

5.1188  GBP

32 17/19p ordinary

Purchase

3,996

5.1120  GBP

32 17/19p ordinary

Purchase

3,947

5.1100  GBP

32 17/19p ordinary

Purchase

3,782

5.0960  GBP

32 17/19p ordinary

Purchase

3,766

5.1189  GBP

32 17/19p ordinary

Purchase

3,612

5.1040  GBP

32 17/19p ordinary

Purchase

3,182

5.1083  GBP

32 17/19p ordinary

Purchase

3,036

5.1170  GBP

32 17/19p ordinary

Purchase

2,925

5.1080  GBP

ADR

Purchase

2,894

12.8039  USD

32 17/19p ordinary

Purchase

2,520

5.1140  GBP

32 17/19p ordinary

Purchase

2,476

5.1117  GBP

32 17/19p ordinary

Purchase

1,892

5.0980  GBP

32 17/19p ordinary

Purchase

1,872

5.1300  GBP

32 17/19p ordinary

Purchase

1,773

5.1152  GBP

ADR

Purchase

1,200

12.7300  USD

32 17/19p ordinary

Purchase

845

5.0983  GBP

32 17/19p ordinary

Purchase

12

5.1150  GBP

32 17/19p ordinary

Sale

269,780

5.1149  GBP

32 17/19p ordinary

Sale

199,850

5.1200  GBP

32 17/19p ordinary

Sale

108,488

5.1176  GBP

32 17/19p ordinary

Sale

95,403

5.1197  GBP

32 17/19p ordinary

Sale

86,436

5.1174  GBP

32 17/19p ordinary

Sale

82,944

5.1118  GBP

32 17/19p ordinary

Sale

78,059

5.1187  GBP

32 17/19p ordinary

Sale

62,338

5.1127  GBP

32 17/19p ordinary

Sale

55,385

5.1117  GBP

32 17/19p ordinary

Sale

46,030

5.1314  GBP

32 17/19p ordinary

Sale

43,044

5.1158  GBP

32 17/19p ordinary

Sale

24,566

5.1203  GBP

32 17/19p ordinary

Sale

24,052

5.1146  GBP

32 17/19p ordinary

Sale

23,804

5.1171  GBP

32 17/19p ordinary

Sale

23,608

5.1240  GBP

32 17/19p ordinary

Sale

13,797

5.1179  GBP

32 17/19p ordinary

Sale

13,704

5.1266  GBP

32 17/19p ordinary

Sale

12,721

5.1072  GBP

32 17/19p ordinary

Sale

11,265

5.1199  GBP

32 17/19p ordinary

Sale

9,886

5.1180  GBP

32 17/19p ordinary

Sale

9,722

5.1100  GBP

32 17/19p ordinary

Sale

9,594

5.1191  GBP

32 17/19p ordinary

Sale

9,273

5.1119  GBP

32 17/19p ordinary

Sale

8,063

5.1172  GBP

32 17/19p ordinary

Sale

8,007

5.1156  GBP

32 17/19p ordinary

Sale

7,485

5.1220  GBP

32 17/19p ordinary

Sale

7,393

5.1134  GBP

32 17/19p ordinary

Sale

7,329

5.1136  GBP

32 17/19p ordinary

Sale

6,811

5.1090  GBP

32 17/19p ordinary

Sale

5,900

5.1267  GBP

32 17/19p ordinary

Sale

5,777

5.1074  GBP

32 17/19p ordinary

Sale

5,767

5.1093  GBP

32 17/19p ordinary

Sale

5,669

5.1020  GBP

32 17/19p ordinary

Sale

4,947

5.1260  GBP

32 17/19p ordinary

Sale

4,656

5.1060  GBP

32 17/19p ordinary

Sale

4,472

5.1160  GBP

32 17/19p ordinary

Sale

3,996

5.1120  GBP

32 17/19p ordinary

Sale

3,783

5.1189  GBP

32 17/19p ordinary

Sale

3,782

5.0960  GBP

32 17/19p ordinary

Sale

3,780

5.1000  GBP

32 17/19p ordinary

Sale

3,497

5.1129  GBP

32 17/19p ordinary

Sale

3,168

5.1040  GBP

32 17/19p ordinary

Sale

2,992

5.1147  GBP

32 17/19p ordinary

Sale

2,956

5.1143  GBP

ADR

Sale

2,894

12.8039  USD

32 17/19p ordinary

Sale

2,812

5.1107  GBP

32 17/19p ordinary

Sale

2,611

5.1051  GBP

32 17/19p ordinary

Sale

2,554

5.1115  GBP

32 17/19p ordinary

Sale

2,385

5.1080  GBP

32 17/19p ordinary

Sale

2,009

5.1140  GBP

32 17/19p ordinary

Sale

1,892

5.0980  GBP

32 17/19p ordinary

Sale

1,872

5.1300  GBP

32 17/19p ordinary

Sale

1,773

5.1152  GBP

32 17/19p ordinary

Sale

1,708

5.1150  GBP

32 17/19p ordinary

Sale

1,643

5.1144  GBP

32 17/19p ordinary

Sale

1,544

5.0963  GBP

32 17/19p ordinary

Sale

1,250

5.1148  GBP

ADR

Sale

1,200

12.7300  USD

32 17/19p ordinary

Sale

777

5.1166  GBP

32 17/19p ordinary

Sale

747

5.1159  GBP

32 17/19p ordinary

Sale

497

5.0930  GBP

32 17/19p ordinary

Sale

442

5.1320  GBP

32 17/19p ordinary

Sale

24

5.1050  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 Short

9,453

5.0979  GBP

32 17/19p ordinary

SWAP

Decreasing Short

12,721

5.1072  GBP

32 17/19p ordinary

SWAP

Decreasing Short

372

5.1080  GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,736

5.1101  GBP

32 17/19p ordinary

SWAP

Decreasing Short

43,317

5.1117  GBP

32 17/19p ordinary

SWAP

Decreasing Short

64,662

5.1119  GBP

32 17/19p ordinary

SWAP

Decreasing Short

46,689

5.1123  GBP

32 17/19p ordinary

SWAP

Decreasing Short

62,338

5.1127  GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,393

5.1134  GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,329

5.1136  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,150

5.1143  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,643

5.1144  GBP

32 17/19p ordinary

SWAP

Decreasing Short

137

5.1147  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,250

5.1148  GBP

32 17/19p ordinary

SWAP

Decreasing Short

269,780

5.1149  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,708

5.1150  GBP

32 17/19p ordinary

SWAP

Decreasing Short

43,044

5.1158  GBP

32 17/19p ordinary

SWAP

Decreasing Short

747

5.1159  GBP

32 17/19p ordinary

SWAP

Decreasing Short

777

5.1166  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,325

5.1169  GBP

32 17/19p ordinary

SWAP

Decreasing Short

35,743

5.1171  GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,063

5.1172  GBP

32 17/19p ordinary

SWAP

Decreasing Short

93,453

5.1174  GBP

32 17/19p ordinary

SWAP

Decreasing Short

68,222

5.1181  GBP

32 17/19p ordinary

SWAP

Decreasing Short

78,059

5.1187  GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,783

5.1189  GBP

32 17/19p ordinary

SWAP

Decreasing Short

9,395

5.1191  GBP

32 17/19p ordinary

SWAP

Decreasing Short

199

5.1192  GBP

32 17/19p ordinary

SWAP

Decreasing Short

74,368

5.1197  GBP

32 17/19p ordinary

SWAP

Decreasing Short

11,265

5.1199  GBP

32 17/19p ordinary

SWAP

Decreasing Short

76,571

5.1200  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,446

5.1208  GBP

32 17/19p ordinary

SWAP

Decreasing Short

27,501

5.1222  GBP

32 17/19p ordinary

SWAP

Decreasing Short

5,900

5.1267  GBP

32 17/19p ordinary

SWAP

Increasing Short

24,794

5.1053  GBP

32 17/19p ordinary

SWAP

Increasing Short

41,700

5.1070  GBP

32 17/19p ordinary

SWAP

Increasing Short

74,154

5.1097  GBP

32 17/19p ordinary

SWAP

Increasing Short

83,445

5.1121  GBP

32 17/19p ordinary

SWAP

Increasing Short

40,233

5.1122  GBP

32 17/19p ordinary

SWAP

Increasing Short

56,135

5.1125  GBP

32 17/19p ordinary

SWAP

Increasing Short

18,735

5.1131  GBP

32 17/19p ordinary

SWAP

Increasing Short

50,950

5.1155  GBP

32 17/19p ordinary

SWAP

Increasing Short

160

5.1168  GBP

32 17/19p ordinary

SWAP

Increasing Short

80

5.1170  GBP

32 17/19p ordinary

SWAP

Increasing Short

9,153

5.1177  GBP

32 17/19p ordinary

SWAP

Increasing Short

93,068

5.1197  GBP

32 17/19p ordinary

SWAP

Increasing Short

13,097

5.1198  GBP

32 17/19p ordinary

SWAP

Increasing Short

330,300

5.1200  GBP

32 17/19p ordinary

SWAP

Increasing Short

8,950

5.1203  GBP

32 17/19p ordinary

SWAP

Increasing Short

85,749

5.1208  GBP

32 17/19p ordinary

SWAP

Increasing Short

7,970

5.1210  GBP

32 17/19p ordinary

SWAP

Increasing Short

4,002

5.1210  USD

32 17/19p ordinary

SWAP

Increasing Short

489

5.1260  GBP

32 17/19p ordinary

SWAP

Increasing Long

12,980

5.1130  GBP

32 17/19p ordinary

CFD

Increasing Long

294

5.1156  GBP

32 17/19p ordinary

CFD

Increasing Long

6,306

5.1160  GBP

32 17/19p ordinary

CFD

Increasing Long

1,689

5.1196  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,200

5.1003  GBP

32 17/19p ordinary

CFD

Decreasing Long

103,568

5.1140  GBP

32 17/19p ordinary

CFD

Decreasing Long

19,269

5.1161  GBP

32 17/19p ordinary

CFD

Decreasing Long

8,321

5.1166  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,689

5.1183  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

Call Options

Written

-241,315

4.4050

European

06 May 2025

32 17/19p ordinary

Call Options

Written

-120,789

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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