Form 8.3 AVIVA PLC

Barclays PLC

20 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				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:				19 Feb 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:			31,340,360	1.17%	27,384,988	1.02%
(2)	Cash-settled derivatives:
	and/or controlled:			10,002,183	0.37%	24,111,502	0.90%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			20,000	0.00%	486,684	0.02%
	TOTAL:			41,362,543	1.54%	51,983,174	1.94%
(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		660,044		4.9652  GBP
32 17/19p ordinary		Purchase		235,324		4.9610  GBP
32 17/19p ordinary		Purchase		134,544		4.9804  GBP
32 17/19p ordinary		Purchase		71,711		5.0161  GBP
32 17/19p ordinary		Purchase		69,556		5.0047  GBP
32 17/19p ordinary		Purchase		68,875		5.0007  GBP
32 17/19p ordinary		Purchase		67,224		4.9642  GBP
32 17/19p ordinary		Purchase		44,269		4.9950  GBP
32 17/19p ordinary		Purchase		42,729		4.9939  GBP
32 17/19p ordinary		Purchase		38,354		4.9994  GBP
32 17/19p ordinary		Purchase		36,544		4.9747  GBP
32 17/19p ordinary		Purchase		30,794		5.0252  GBP
32 17/19p ordinary		Purchase		25,600		4.9911  GBP
32 17/19p ordinary		Purchase		19,532		4.9820  GBP
32 17/19p ordinary		Purchase		17,940		4.9730  GBP
32 17/19p ordinary		Purchase		16,739		5.0043  GBP
32 17/19p ordinary		Purchase		14,691		5.0271  GBP
32 17/19p ordinary		Purchase		14,652		5.0070  GBP
32 17/19p ordinary		Purchase		12,970		5.0560  GBP
32 17/19p ordinary		Purchase		12,746		4.9789  GBP
32 17/19p ordinary		Purchase		11,760		4.9680  GBP
32 17/19p ordinary		Purchase		9,213		4.9667  GBP
32 17/19p ordinary		Purchase		8,078		5.0048  GBP
32 17/19p ordinary		Purchase		6,036		4.9611  GBP
32 17/19p ordinary		Purchase		6,023		4.9775  GBP
32 17/19p ordinary		Purchase		5,398		5.0079  GBP
32 17/19p ordinary		Purchase		3,722		5.0334  GBP
32 17/19p ordinary		Purchase		3,050		4.9903  GBP
32 17/19p ordinary		Purchase		2,943		5.0080  GBP
32 17/19p ordinary		Purchase		2,450		4.9700  GBP
32 17/19p ordinary		Purchase		2,091		4.9630  GBP
32 17/19p ordinary		Purchase		2,048		4.9650  GBP
32 17/19p ordinary		Purchase		1,936		4.9805  GBP
32 17/19p ordinary		Purchase		1,860		4.9885  GBP
32 17/19p ordinary		Purchase		1,824		5.0178  GBP
32 17/19p ordinary		Purchase		1,791		4.9660  GBP
32 17/19p ordinary		Purchase		1,770		4.9937  GBP
32 17/19p ordinary		Purchase		1,748		4.9800  GBP
32 17/19p ordinary		Purchase		1,698		5.0602  GBP
32 17/19p ordinary		Purchase		1,509		4.9613  GBP
32 17/19p ordinary		Purchase		1,286		5.0497  GBP
32 17/19p ordinary		Purchase		948		4.9690  GBP
32 17/19p ordinary		Purchase		810		5.0420  GBP
32 17/19p ordinary		Purchase		810		5.0418  GBP
32 17/19p ordinary		Purchase		763		4.9619  GBP
32 17/19p ordinary		Purchase		605		4.9740  GBP
32 17/19p ordinary		Purchase		600		4.9850  GBP
32 17/19p ordinary		Purchase		598		5.0340  GBP
32 17/19p ordinary		Purchase		513		4.9595  GBP
32 17/19p ordinary		Purchase		448		5.0220  GBP
32 17/19p ordinary		Purchase		418		5.0460  GBP
32 17/19p ordinary		Purchase		367		4.9670  GBP
32 17/19p ordinary		Purchase		333		4.9890  GBP
32 17/19p ordinary		Purchase		302		4.9770  GBP
32 17/19p ordinary		Purchase		265		5.0240  GBP
32 17/19p ordinary		Purchase		264		5.0451  GBP
32 17/19p ordinary		Purchase		191		4.9760  GBP
32 17/19p ordinary		Purchase		142		5.0600  GBP
32 17/19p ordinary		Purchase		31		4.9790  GBP
32 17/19p ordinary		Purchase		18		4.9710  GBP
32 17/19p ordinary		Purchase		12		5.0480  GBP
32 17/19p ordinary		Sale		286,700		5.0480  GBP
32 17/19p ordinary		Sale		286,320		4.9609  GBP
32 17/19p ordinary		Sale		255,618		4.9613  GBP
32 17/19p ordinary		Sale		101,816		4.9610  GBP
32 17/19p ordinary		Sale		88,411		4.9953  GBP
32 17/19p ordinary		Sale		76,565		5.0082  GBP
32 17/19p ordinary		Sale		71,675		4.9626  GBP
32 17/19p ordinary		Sale		59,800		4.9730  GBP
32 17/19p ordinary		Sale		37,266		4.9783  GBP
32 17/19p ordinary		Sale		35,464		4.9690  GBP
32 17/19p ordinary		Sale		29,120		4.9821  GBP
32 17/19p ordinary		Sale		25,189		4.9655  GBP
32 17/19p ordinary		Sale		25,000		4.9910  GBP
32 17/19p ordinary		Sale		24,828		4.9675  GBP
32 17/19p ordinary		Sale		22,536		4.9602  GBP
32 17/19p ordinary		Sale		19,036		4.9845  GBP
32 17/19p ordinary		Sale		17,258		4.9797  GBP
32 17/19p ordinary		Sale		16,565		4.9664  GBP
32 17/19p ordinary		Sale		16,472		4.9781  GBP
32 17/19p ordinary		Sale		16,268		4.9868  GBP
32 17/19p ordinary		Sale		14,125		4.9663  GBP
32 17/19p ordinary		Sale		10,836		4.9658  GBP
32 17/19p ordinary		Sale		10,750		4.9685  GBP
32 17/19p ordinary		Sale		10,152		5.0023  GBP
32 17/19p ordinary		Sale		6,802		5.0132  GBP
32 17/19p ordinary		Sale		5,607		5.0192  GBP
32 17/19p ordinary		Sale		4,436		4.9680  GBP
32 17/19p ordinary		Sale		4,174		4.9855  GBP
32 17/19p ordinary		Sale		4,148		5.0401  GBP
32 17/19p ordinary		Sale		4,005		5.0200  GBP
32 17/19p ordinary		Sale		3,757		4.9719  GBP
32 17/19p ordinary		Sale		2,943		5.0080  GBP
32 17/19p ordinary		Sale		2,603		4.9834  GBP
32 17/19p ordinary		Sale		2,450		4.9700  GBP
32 17/19p ordinary		Sale		2,293		4.9689  GBP
32 17/19p ordinary		Sale		2,254		5.0174  GBP
32 17/19p ordinary		Sale		2,048		4.9650  GBP
32 17/19p ordinary		Sale		1,823		4.9800  GBP
32 17/19p ordinary		Sale		1,791		4.9660  GBP
32 17/19p ordinary		Sale		1,780		4.9870  GBP
32 17/19p ordinary		Sale		1,569		4.9634  GBP
32 17/19p ordinary		Sale		1,503		5.0499  GBP
32 17/19p ordinary		Sale		1,496		4.9666  GBP
32 17/19p ordinary		Sale		1,473		5.0400  GBP
32 17/19p ordinary		Sale		1,306		5.0163  GBP
32 17/19p ordinary		Sale		916		4.9770  GBP
32 17/19p ordinary		Sale		810		5.0420  GBP
32 17/19p ordinary		Sale		600		4.9850  GBP
32 17/19p ordinary		Sale		537		4.9629  GBP
32 17/19p ordinary		Sale		513		4.9600  GBP
32 17/19p ordinary		Sale		419		5.0552  GBP
32 17/19p ordinary		Sale		418		5.0460  GBP
32 17/19p ordinary		Sale		395		5.0340  GBP
32 17/19p ordinary		Sale		367		4.9670  GBP
32 17/19p ordinary		Sale		333		4.9890  GBP
32 17/19p ordinary		Sale		265		5.0240  GBP
32 17/19p ordinary		Sale		191		4.9760  GBP
32 17/19p ordinary		Sale		141		4.9785  GBP
32 17/19p ordinary		Sale		95		4.9621  GBP
32 17/19p ordinary		Sale		77		4.9776  GBP
32 17/19p ordinary		Sale		36		4.9640  GBP
32 17/19p ordinary		Sale		31		4.9790  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		32,921	4.9790  GBP
32 17/19p ordinary		SWAP		Decreasing Short		22,536	4.9602  GBP
32 17/19p ordinary		SWAP		Decreasing Short		286,320	4.9609  GBP
32 17/19p ordinary		SWAP		Decreasing Short		85,089	4.9610  GBP
32 17/19p ordinary		SWAP		Decreasing Short		1,069	4.9620  GBP
32 17/19p ordinary		SWAP		Decreasing Short		71,675	4.9626  GBP
32 17/19p ordinary		SWAP		Decreasing Short		537	4.9630  GBP
32 17/19p ordinary		SWAP		Decreasing Short		2,237	4.9658  GBP
32 17/19p ordinary		SWAP		Decreasing Short		14,125	4.9663  GBP
32 17/19p ordinary		SWAP		Decreasing Short		853	4.9664  GBP
32 17/19p ordinary		SWAP		Decreasing Short		21,617	4.9679  GBP
32 17/19p ordinary		SWAP		Decreasing Short		10,219	4.9685  GBP
32 17/19p ordinary		SWAP		Decreasing Short		3,757	4.9719  GBP
32 17/19p ordinary		SWAP		Decreasing Short		1,977	4.9721  GBP
32 17/19p ordinary		SWAP		Decreasing Short		23,400	4.9764  GBP
32 17/19p ordinary		SWAP		Decreasing Short		77	4.9777  GBP
32 17/19p ordinary		SWAP		Decreasing Short		141	4.9785  GBP
32 17/19p ordinary		SWAP		Decreasing Short		17,258	4.9797  GBP
32 17/19p ordinary		SWAP		Decreasing Short		288	4.9999  GBP
32 17/19p ordinary		SWAP		Decreasing Short		7,421	5.0054  GBP
32 17/19p ordinary		SWAP		Decreasing Short		76,565	5.0082  GBP
32 17/19p ordinary		SWAP		Decreasing Short		4,005	5.0200  GBP
32 17/19p ordinary		SWAP		Decreasing Short		286,700	5.0480  GBP
32 17/19p ordinary		SWAP		Decreasing Short		513	5.0499  GBP
32 17/19p ordinary		SWAP		Decreasing Short		529	5.0600  GBP
32 17/19p ordinary		SWAP		Increasing Short		351,066	4.9610  GBP
32 17/19p ordinary		SWAP		Increasing Short		6,036	4.9611  GBP
32 17/19p ordinary		SWAP		Increasing Short		79,398	4.9613  GBP
32 17/19p ordinary		SWAP		Increasing Short		47,435	4.9618  GBP
32 17/19p ordinary		SWAP		Increasing Short		763	4.9619  GBP
32 17/19p ordinary		SWAP		Increasing Short		50,889	4.9662  GBP
32 17/19p ordinary		SWAP		Increasing Short		1,462	4.9765  GBP
32 17/19p ordinary		SWAP		Increasing Short		6,023	4.9775  GBP
32 17/19p ordinary		SWAP		Increasing Short		134,544	4.9804  GBP
32 17/19p ordinary		SWAP		Increasing Short		4,707	4.9879  GBP
32 17/19p ordinary		SWAP		Increasing Short		1,860	4.9885  GBP
32 17/19p ordinary		SWAP		Increasing Short		1,905	4.9886  GBP
32 17/19p ordinary		SWAP		Increasing Short		36,748	4.9927  GBP
32 17/19p ordinary		SWAP		Increasing Short		42,729	4.9939  GBP
32 17/19p ordinary		SWAP		Increasing Short		4,009	4.9949  GBP
32 17/19p ordinary		SWAP		Increasing Short		44,269	4.9950  GBP
32 17/19p ordinary		SWAP		Increasing Short		44,062	4.9989  GBP
32 17/19p ordinary		SWAP		Increasing Short		30,245	5.0006  GBP
32 17/19p ordinary		SWAP		Increasing Short		69,556	5.0047  GBP
32 17/19p ordinary		SWAP		Increasing Short		71,711	5.0161  GBP
32 17/19p ordinary		SWAP		Increasing Short		22,839	5.0256  GBP
32 17/19p ordinary		SWAP		Increasing Short		1,286	5.0497  GBP
32 17/19p ordinary		SWAP		Increasing Short		12,970	5.0560  GBP
32 17/19p ordinary		SWAP		Increasing Short		142	5.0600  GBP
32 17/19p ordinary		SWAP		Increasing Short		1,698	5.0602  GBP
32 17/19p ordinary		SWAP		Increasing Long		200	5.0449  GBP
32 17/19p ordinary		CFD		Increasing Long		6,936	4.9664  GBP
32 17/19p ordinary		CFD		Increasing Long		35,464	4.9690  GBP
32 17/19p ordinary		CFD		Increasing Long		392	5.0496  GBP
32 17/19p ordinary		CFD		Increasing Long		1,896	5.0596  GBP
32 17/19p ordinary		CFD		Decreasing Long		1,896	4.9613  GBP
32 17/19p ordinary		CFD		Decreasing Long		3,554	4.9640  GBP
32 17/19p ordinary		CFD		Decreasing Long		58,034	5.0203  GBP
32 17/19p ordinary		CFD		Decreasing Long		250	5.0607  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:				20 Feb 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	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	-241,318	4.4050	European	06 May 2025
32 17/19p ordinary	Call Options	Written	-120,787	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	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