Form 8.3 AVIVA PLC

Barclays PLC

19 February 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  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:			18 Feb 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:				31,388,998	1.17%	27,530,961	1.03%
(2) Cash-settled derivatives:				10,173,892	0.38%	24,167,842	0.90%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				20,000	0.00%	486,684	0.02%
TOTAL:				41,582,890	1.55%	52,185,487	1.95%
(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	783,837	5.0626  GBP
32 17/19p ordinary	Purchase	114,473	5.0819  GBP
32 17/19p ordinary	Purchase	72,679	5.0681  GBP
32 17/19p ordinary	Purchase	60,096	5.0802  GBP
32 17/19p ordinary	Purchase	56,180	5.0799  GBP
32 17/19p ordinary	Purchase	52,815	5.0818  GBP
32 17/19p ordinary	Purchase	38,893	5.0600  GBP
32 17/19p ordinary	Purchase	36,397	5.0781  GBP
32 17/19p ordinary	Purchase	35,621	5.0829  GBP
32 17/19p ordinary	Purchase	32,156	5.0898  GBP
32 17/19p ordinary	Purchase	28,758	5.0694  GBP
32 17/19p ordinary	Purchase	26,837	5.0820  GBP
32 17/19p ordinary	Purchase	26,391	5.0601  GBP
32 17/19p ordinary	Purchase	25,712	5.0697  GBP
32 17/19p ordinary	Purchase	22,977	5.0795  GBP
32 17/19p ordinary	Purchase	18,854	5.0851  GBP
32 17/19p ordinary	Purchase	13,375	5.0600  GBP
32 17/19p ordinary	Purchase	10,189	5.0835  GBP
32 17/19p ordinary	Purchase	9,278	5.0774  GBP
32 17/19p ordinary	Purchase	8,534	5.0860  GBP
32 17/19p ordinary	Purchase	7,718	5.0832  GBP
32 17/19p ordinary	Purchase	6,063	5.0808  GBP
32 17/19p ordinary	Purchase	5,719	5.0773  GBP
32 17/19p ordinary	Purchase	5,496	5.0625  GBP
32 17/19p ordinary	Purchase	5,378	5.0766  GBP
32 17/19p ordinary	Purchase	4,803	5.0869  GBP
32 17/19p ordinary	Purchase	4,016	5.0860  GBP
32 17/19p ordinary	Purchase	3,135	5.0600  GBP
32 17/19p ordinary	Purchase	3,133	5.0661  GBP
32 17/19p ordinary	Purchase	3,053	5.0600  GBP
32 17/19p ordinary	Purchase	3,030	5.0744  GBP
32 17/19p ordinary	Purchase	2,510	5.0860  GBP
32 17/19p ordinary	Purchase	2,264	5.0827  GBP
32 17/19p ordinary	Purchase	2,069	5.0720  GBP
32 17/19p ordinary	Purchase	2,008	5.0860  GBP
32 17/19p ordinary	Purchase	1,678	5.0709  GBP
32 17/19p ordinary	Purchase	1,428	5.0772  GBP
32 17/19p ordinary	Purchase	877	5.0800  GBP
32 17/19p ordinary	Purchase	860	5.0880  GBP
32 17/19p ordinary	Purchase	813	5.0860  GBP
32 17/19p ordinary	Purchase	785	5.0730  GBP
32 17/19p ordinary	Purchase	520	5.0840  GBP
ADR	Purchase	458	12.9745  USD
32 17/19p ordinary	Purchase	402	5.0760  GBP
32 17/19p ordinary	Purchase	347	5.0780  GBP
32 17/19p ordinary	Purchase	333	5.0900  GBP
32 17/19p ordinary	Purchase	145	5.1060  GBP
32 17/19p ordinary	Purchase	131	5.0644  GBP
32 17/19p ordinary	Purchase	23	5.0600  GBP
32 17/19p ordinary	Purchase	5	5.0600  GBP
32 17/19p ordinary	Sale	181,160	5.0600  GBP
32 17/19p ordinary	Sale	159,208	5.0594  GBP
32 17/19p ordinary	Sale	132,600	5.0662  GBP
32 17/19p ordinary	Sale	109,573	5.0720  GBP
32 17/19p ordinary	Sale	93,681	5.0768  GBP
32 17/19p ordinary	Sale	79,604	5.0814  GBP
32 17/19p ordinary	Sale	74,739	5.0732  GBP
32 17/19p ordinary	Sale	73,354	5.0806  GBP
32 17/19p ordinary	Sale	36,471	5.0730  GBP
32 17/19p ordinary	Sale	33,758	5.0825  GBP
32 17/19p ordinary	Sale	32,632	5.0632  GBP
32 17/19p ordinary	Sale	18,400	5.0696  GBP
32 17/19p ordinary	Sale	18,147	5.0723  GBP
32 17/19p ordinary	Sale	17,133	5.0853  GBP
32 17/19p ordinary	Sale	15,820	5.0762  GBP
32 17/19p ordinary	Sale	15,063	5.0900  GBP
32 17/19p ordinary	Sale	15,000	5.0609  GBP
32 17/19p ordinary	Sale	9,718	5.0893  GBP
32 17/19p ordinary	Sale	6,214	5.0821  GBP
32 17/19p ordinary	Sale	5,592	5.0860  GBP
32 17/19p ordinary	Sale	5,457	5.0863  GBP
32 17/19p ordinary	Sale	4,414	5.0830  GBP
32 17/19p ordinary	Sale	4,369	5.0850  GBP
32 17/19p ordinary	Sale	3,853	5.0848  GBP
32 17/19p ordinary	Sale	3,831	5.0864  GBP
32 17/19p ordinary	Sale	3,762	5.0889  GBP
32 17/19p ordinary	Sale	3,727	5.0841  GBP
32 17/19p ordinary	Sale	3,262	5.0777  GBP
32 17/19p ordinary	Sale	3,053	5.0600  GBP
32 17/19p ordinary	Sale	2,815	5.0895  GBP
32 17/19p ordinary	Sale	2,592	5.0832  GBP
32 17/19p ordinary	Sale	1,720	5.0880  GBP
32 17/19p ordinary	Sale	1,393	5.0770  GBP
32 17/19p ordinary	Sale	1,068	5.0857  GBP
32 17/19p ordinary	Sale	877	5.0800  GBP
32 17/19p ordinary	Sale	872	5.0660  GBP
32 17/19p ordinary	Sale	692	5.0820  GBP
32 17/19p ordinary	Sale	520	5.0840  GBP
ADR	Sale	458	12.9745  USD
32 17/19p ordinary	Sale	347	5.0780  GBP
32 17/19p ordinary	Sale	210	5.0855  GBP
32 17/19p ordinary	Sale	145	5.1060  GBP
32 17/19p ordinary	Sale	68	5.0779  GBP
32 17/19p ordinary	Sale	23	5.0600  GBP
32 17/19p ordinary	Sale	5	5.0600  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	79,604	5.0594  GBP
32 17/19p ordinary	SWAP	Decreasing Short	107,626	5.0600  GBP
32 17/19p ordinary	SWAP	Decreasing Short	32,403	5.0619  GBP
32 17/19p ordinary	SWAP	Decreasing Short	32,632	5.0632  GBP
32 17/19p ordinary	SWAP	Decreasing Short	30,820	5.0688  GBP
32 17/19p ordinary	SWAP	Decreasing Short	159,208	5.0704  GBP
32 17/19p ordinary	SWAP	Decreasing Short	18,147	5.0723  GBP
32 17/19p ordinary	SWAP	Decreasing Short	36,471	5.0730  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,262	5.0777  GBP
32 17/19p ordinary	SWAP	Decreasing Short	68	5.0779  GBP
32 17/19p ordinary	SWAP	Decreasing Short	73,354	5.0806  GBP
32 17/19p ordinary	SWAP	Decreasing Short	21,427	5.0825  GBP
32 17/19p ordinary	SWAP	Decreasing Short	9,472	5.0843  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,853	5.0848  GBP
32 17/19p ordinary	SWAP	Decreasing Short	396	5.0851  GBP
32 17/19p ordinary	SWAP	Decreasing Short	219	5.0852  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,068	5.0857  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,831	5.0864  GBP
32 17/19p ordinary	SWAP	Decreasing Short	7,265	5.0867  GBP
32 17/19p ordinary	SWAP	Decreasing Short	50	5.1100  GBP
32 17/19p ordinary	SWAP	Increasing Short	356,086	5.0600  GBP
32 17/19p ordinary	SWAP	Increasing Short	26,391	5.0601  GBP
32 17/19p ordinary	SWAP	Increasing Short	38,033	5.0602  GBP
32 17/19p ordinary	SWAP	Increasing Short	186,400	5.0687  GBP
32 17/19p ordinary	SWAP	Increasing Short	91,020	5.0746  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,830	5.0757  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,719	5.0773  GBP
32 17/19p ordinary	SWAP	Increasing Short	8,287	5.0774  GBP
32 17/19p ordinary	SWAP	Increasing Short	1	5.0781  GBP
32 17/19p ordinary	SWAP	Increasing Short	65,880	5.0783  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,978	5.0793  GBP
32 17/19p ordinary	SWAP	Increasing Short	56,180	5.0799  GBP
32 17/19p ordinary	SWAP	Increasing Short	112,703	5.0819  GBP
32 17/19p ordinary	SWAP	Increasing Short	6,018	5.0827  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,643	5.0833  GBP
32 17/19p ordinary	SWAP	Increasing Short	18,854	5.0851  GBP
32 17/19p ordinary	SWAP	Increasing Long	1,033	5.0803  GBP
32 17/19p ordinary	CFD	Increasing Long	4,011	5.0600  GBP
32 17/19p ordinary	CFD	Increasing Long	93,681	5.0768  GBP
32 17/19p ordinary	CFD	Increasing Long	20,984	5.0824  GBP
32 17/19p ordinary	CFD	Increasing Long	43,326	5.0825  GBP
32 17/19p ordinary	CFD	Decreasing Long	111,646	5.0604  GBP
32 17/19p ordinary	CFD	Decreasing Long	35,112	5.0670  GBP
32 17/19p ordinary	CFD	Decreasing Long	205	5.0763  GBP
32 17/19p ordinary	CFD	Decreasing Long	46,989	5.0818  GBP
32 17/19p ordinary	CFD	Decreasing Long	17,225	5.0841  GBP
32 17/19p ordinary	CFD	Decreasing Long	333	5.1103  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:				19 Feb 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	Put Options	Purchased	-10,000	462.2400	American	19 Dec 2025
32 17/19p ordinary	Call Options	Purchased	10,000	564.9600	American	19 Dec 2025
32 17/19p ordinary	Call Options	Written	-241,309	4.4050	European	06 May 2025
32 17/19p ordinary	Call Options	Written	-120,794	5.3305	European	06 Jun 2025
32 17/19p ordinary	Call Options	Written	-104,581	5.3176	European	05 Jun 2025
32 17/19p ordinary	Call Options	Written	-10,000	564.9600	American	19 Dec 2025
32 17/19p ordinary	Put Options	Written	10,000	462.2400	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:

 

END