Form 8.3 - AVIVA PLC

Barclays PLC

25 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  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:			24 Mar 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:				14,548,849	0.54%	15,565,694	0.58%
(2) Cash-settled derivatives:				14,574,380	0.54%	9,066,226	0.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	225,365	0.01%
TOTAL:				29,123,229	1.09%	24,857,285	0.93%
(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	356,400	5.5775  GBP
32 17/19p ordinary	Purchase	200,663	5.5760  GBP
32 17/19p ordinary	Purchase	199,652	5.5765  GBP
32 17/19p ordinary	Purchase	168,826	5.5909  GBP
32 17/19p ordinary	Purchase	137,808	5.5764  GBP
32 17/19p ordinary	Purchase	134,860	5.5860  GBP
32 17/19p ordinary	Purchase	98,430	5.5936  GBP
32 17/19p ordinary	Purchase	92,400	5.5798  GBP
32 17/19p ordinary	Purchase	85,408	5.5788  GBP
32 17/19p ordinary	Purchase	72,904	5.5937  GBP
32 17/19p ordinary	Purchase	34,893	5.5763  GBP
32 17/19p ordinary	Purchase	31,126	5.5855  GBP
32 17/19p ordinary	Purchase	29,866	5.5859  GBP
32 17/19p ordinary	Purchase	23,389	5.5946  GBP
32 17/19p ordinary	Purchase	17,810	5.5807  GBP
32 17/19p ordinary	Purchase	16,482	5.5930  GBP
32 17/19p ordinary	Purchase	15,806	5.5948  GBP
32 17/19p ordinary	Purchase	14,725	5.5969  GBP
32 17/19p ordinary	Purchase	13,187	5.5914  GBP
32 17/19p ordinary	Purchase	11,784	5.5957  GBP
32 17/19p ordinary	Purchase	8,084	5.6023  GBP
32 17/19p ordinary	Purchase	7,750	5.5900  GBP
32 17/19p ordinary	Purchase	7,000	5.5877  GBP
32 17/19p ordinary	Purchase	3,488	5.5952  GBP
32 17/19p ordinary	Purchase	2,894	5.6020  GBP
32 17/19p ordinary	Purchase	2,541	5.5970  GBP
32 17/19p ordinary	Purchase	2,217	5.6000  GBP
32 17/19p ordinary	Purchase	1,690	5.5780  GBP
32 17/19p ordinary	Purchase	1,586	5.5940  GBP
32 17/19p ordinary	Purchase	1,405	5.5915  GBP
32 17/19p ordinary	Purchase	1,384	5.5950  GBP
32 17/19p ordinary	Purchase	1,324	5.5984  GBP
32 17/19p ordinary	Purchase	1,268	5.6071  GBP
32 17/19p ordinary	Purchase	1,012	5.5820  GBP
32 17/19p ordinary	Purchase	1,007	5.5960  GBP
32 17/19p ordinary	Purchase	985	5.6052  GBP
32 17/19p ordinary	Purchase	980	5.6022  GBP
32 17/19p ordinary	Purchase	936	5.6040  GBP
32 17/19p ordinary	Purchase	666	5.6080  GBP
32 17/19p ordinary	Purchase	664	5.5996  GBP
32 17/19p ordinary	Purchase	558	5.6100  GBP
ADR	Purchase	516	14.6500  USD
32 17/19p ordinary	Purchase	510	5.5640  GBP
32 17/19p ordinary	Purchase	384	5.5560  GBP
32 17/19p ordinary	Purchase	351	5.5920  GBP
32 17/19p ordinary	Purchase	304	5.5580  GBP
32 17/19p ordinary	Purchase	279	5.6120  GBP
32 17/19p ordinary	Purchase	228	5.5986  GBP
32 17/19p ordinary	Purchase	222	5.5880  GBP
32 17/19p ordinary	Purchase	192	5.5910  GBP
32 17/19p ordinary	Purchase	17	5.5995  GBP
32 17/19p ordinary	Sale	576,636	5.5770  GBP
32 17/19p ordinary	Sale	380,552	5.5760  GBP
32 17/19p ordinary	Sale	164,951	5.5873  GBP
32 17/19p ordinary	Sale	80,626	5.5798  GBP
32 17/19p ordinary	Sale	80,552	5.5900  GBP
32 17/19p ordinary	Sale	66,697	5.5850  GBP
32 17/19p ordinary	Sale	64,572	5.5982  GBP
32 17/19p ordinary	Sale	58,284	5.5790  GBP
32 17/19p ordinary	Sale	54,236	5.5867  GBP
32 17/19p ordinary	Sale	51,583	5.5892  GBP
32 17/19p ordinary	Sale	42,053	5.5880  GBP
32 17/19p ordinary	Sale	35,520	5.5879  GBP
32 17/19p ordinary	Sale	20,733	5.5829  GBP
32 17/19p ordinary	Sale	19,510	5.5919  GBP
32 17/19p ordinary	Sale	18,071	5.6020  GBP
32 17/19p ordinary	Sale	17,242	5.5943  GBP
32 17/19p ordinary	Sale	12,924	5.5836  GBP
32 17/19p ordinary	Sale	12,266	5.5800  GBP
32 17/19p ordinary	Sale	9,784	5.5976  GBP
32 17/19p ordinary	Sale	8,915	5.5748  GBP
32 17/19p ordinary	Sale	8,876	5.5751  GBP
32 17/19p ordinary	Sale	8,226	5.5749  GBP
32 17/19p ordinary	Sale	7,817	5.5997  GBP
32 17/19p ordinary	Sale	6,801	5.5759  GBP
32 17/19p ordinary	Sale	4,324	5.5875  GBP
32 17/19p ordinary	Sale	1,901	5.5778  GBP
32 17/19p ordinary	Sale	1,881	5.5705  GBP
32 17/19p ordinary	Sale	1,690	5.5780  GBP
32 17/19p ordinary	Sale	1,609	5.5818  GBP
32 17/19p ordinary	Sale	1,478	5.5840  GBP
32 17/19p ordinary	Sale	1,198	5.5600  GBP
32 17/19p ordinary	Sale	1,012	5.5820  GBP
32 17/19p ordinary	Sale	857	5.5924  GBP
32 17/19p ordinary	Sale	690	5.5870  GBP
32 17/19p ordinary	Sale	679	5.5960  GBP
ADR	Sale	516	14.6500  USD
32 17/19p ordinary	Sale	515	5.5845  GBP
32 17/19p ordinary	Sale	510	5.5640  GBP
32 17/19p ordinary	Sale	384	5.5560  GBP
32 17/19p ordinary	Sale	351	5.5920  GBP
32 17/19p ordinary	Sale	304	5.5580  GBP
32 17/19p ordinary	Sale	273	5.6000  GBP
32 17/19p ordinary	Sale	215	5.5985  GBP
32 17/19p ordinary	Sale	128	5.5940  GBP
32 17/19p ordinary	Sale	68	5.5871  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	8,915	5.5748  GBP
32 17/19p ordinary	SWAP	Decreasing Short	8,876	5.5751  GBP
32 17/19p ordinary	SWAP	Decreasing Short	6,801	5.5759  GBP
32 17/19p ordinary	SWAP	Decreasing Short	198,685	5.5760  GBP
32 17/19p ordinary	SWAP	Decreasing Short	205,000	5.5796  GBP
32 17/19p ordinary	SWAP	Decreasing Short	82,179	5.5798  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,915	5.5804  GBP
32 17/19p ordinary	SWAP	Decreasing Short	20,733	5.5829  GBP
32 17/19p ordinary	SWAP	Decreasing Short	83,605	5.5873  GBP
32 17/19p ordinary	SWAP	Decreasing Short	20,698	5.5876  GBP
32 17/19p ordinary	SWAP	Decreasing Short	35,520	5.5879  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,485	5.5882  GBP
32 17/19p ordinary	SWAP	Decreasing Short	52,069	5.5892  GBP
32 17/19p ordinary	SWAP	Decreasing Short	41,532	5.5902  GBP
32 17/19p ordinary	SWAP	Decreasing Short	37,938	5.5913  GBP
32 17/19p ordinary	SWAP	Decreasing Short	4,075	5.5942  GBP
32 17/19p ordinary	SWAP	Decreasing Short	9,784	5.5976  GBP
32 17/19p ordinary	SWAP	Opening Long	48,381	5.5982  GBP
32 17/19p ordinary	SWAP	Increasing Long	19,933	5.5997  GBP
32 17/19p ordinary	SWAP	Decreasing Long	3,797	5.5760  GBP
32 17/19p ordinary	SWAP	Opening Short	182,687	5.5762  GBP
32 17/19p ordinary	SWAP	Increasing Short	137,808	5.5764  GBP
32 17/19p ordinary	SWAP	Increasing Short	37,448	5.5792  GBP
32 17/19p ordinary	SWAP	Increasing Short	10,887	5.5817  GBP
32 17/19p ordinary	SWAP	Increasing Short	31,126	5.5855  GBP
32 17/19p ordinary	SWAP	Increasing Short	29,866	5.5859  GBP
32 17/19p ordinary	SWAP	Increasing Short	134,860	5.5860  GBP
32 17/19p ordinary	SWAP	Increasing Short	14,536	5.5889  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,600	5.5899  GBP
32 17/19p ordinary	SWAP	Increasing Short	94,218	5.5936  GBP
32 17/19p ordinary	SWAP	Increasing Short	72,904	5.5937  GBP
32 17/19p ordinary	SWAP	Increasing Short	949	5.5940  GBP
32 17/19p ordinary	SWAP	Increasing Short	2,615	5.5941  GBP
32 17/19p ordinary	SWAP	Increasing Short	23,389	5.5946  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,488	5.5952  GBP
32 17/19p ordinary	SWAP	Increasing Short	664	5.5996  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,622	5.6009  GBP
32 17/19p ordinary	SWAP	Increasing Long	1,378	5.5802  GBP
32 17/19p ordinary	CFD	Increasing Long	526	5.5756  GBP
32 17/19p ordinary	CFD	Increasing Long	1,024	5.5795  GBP
32 17/19p ordinary	CFD	Increasing Long	7,742	5.5924  GBP
32 17/19p ordinary	CFD	Decreasing Long	225	5.5743  GBP
32 17/19p ordinary	CFD	Decreasing Long	20,939	5.5764  GBP
32 17/19p ordinary	CFD	Decreasing Long	135,266	5.5765  GBP
32 17/19p ordinary	CFD	Decreasing Long	516	5.5923  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:				25 Mar 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	Call Options	Written	-120,785	5.3305	European	06-Jun-25
32 17/19p ordinary	Call Options	Written	-104,580	5.3176	European	05-Jun-25
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