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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
AVIVA PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
01 Apr 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
DIRECT LINE INSURANCE GROUP PLC |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
32 17/19p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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15,856,316 |
0.59% |
15,792,016 |
0.59% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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14,114,868 |
0.53% |
10,514,780 |
0.39% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
225,367 |
0.01% |
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TOTAL: |
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29,971,184 |
1.12% |
26,532,163 |
0.99% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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|
32 17/19p ordinary |
Purchase |
205,924 |
5.5708 GBP |
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32 17/19p ordinary |
Purchase |
198,791 |
5.5860 GBP |
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32 17/19p ordinary |
Purchase |
154,723 |
5.5429 GBP |
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32 17/19p ordinary |
Purchase |
135,099 |
5.5893 GBP |
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32 17/19p ordinary |
Purchase |
133,600 |
5.5481 GBP |
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32 17/19p ordinary |
Purchase |
78,342 |
5.5492 GBP |
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32 17/19p ordinary |
Purchase |
71,251 |
5.5703 GBP |
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32 17/19p ordinary |
Purchase |
45,776 |
5.5535 GBP |
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32 17/19p ordinary |
Purchase |
36,863 |
5.5744 GBP |
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32 17/19p ordinary |
Purchase |
25,252 |
5.5783 GBP |
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32 17/19p ordinary |
Purchase |
24,083 |
5.5626 GBP |
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32 17/19p ordinary |
Purchase |
22,334 |
5.5660 GBP |
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32 17/19p ordinary |
Purchase |
22,271 |
5.5274 GBP |
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32 17/19p ordinary |
Purchase |
19,577 |
5.5498 GBP |
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32 17/19p ordinary |
Purchase |
19,243 |
5.5416 GBP |
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32 17/19p ordinary |
Purchase |
18,900 |
5.5537 GBP |
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32 17/19p ordinary |
Purchase |
18,506 |
5.5605 GBP |
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32 17/19p ordinary |
Purchase |
18,272 |
5.5627 GBP |
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32 17/19p ordinary |
Purchase |
18,199 |
5.5500 GBP |
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32 17/19p ordinary |
Purchase |
17,549 |
5.5615 GBP |
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32 17/19p ordinary |
Purchase |
17,304 |
5.5868 GBP |
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32 17/19p ordinary |
Purchase |
16,828 |
5.5681 GBP |
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32 17/19p ordinary |
Purchase |
14,882 |
5.5683 GBP |
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32 17/19p ordinary |
Purchase |
14,390 |
5.5363 GBP |
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32 17/19p ordinary |
Purchase |
12,558 |
5.5592 GBP |
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32 17/19p ordinary |
Purchase |
12,190 |
5.5770 GBP |
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32 17/19p ordinary |
Purchase |
10,751 |
5.5549 GBP |
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32 17/19p ordinary |
Purchase |
10,005 |
5.5694 GBP |
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32 17/19p ordinary |
Purchase |
9,500 |
5.5448 GBP |
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32 17/19p ordinary |
Purchase |
9,456 |
5.5593 GBP |
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32 17/19p ordinary |
Purchase |
7,886 |
5.5685 GBP |
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32 17/19p ordinary |
Purchase |
7,171 |
5.5469 GBP |
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32 17/19p ordinary |
Purchase |
6,111 |
5.5576 GBP |
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32 17/19p ordinary |
Purchase |
5,658 |
5.5625 GBP |
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32 17/19p ordinary |
Purchase |
4,840 |
5.5454 GBP |
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32 17/19p ordinary |
Purchase |
4,445 |
5.5657 GBP |
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32 17/19p ordinary |
Purchase |
4,128 |
5.5348 GBP |
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32 17/19p ordinary |
Purchase |
3,369 |
5.5419 GBP |
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32 17/19p ordinary |
Purchase |
3,332 |
5.5383 GBP |
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32 17/19p ordinary |
Purchase |
3,234 |
5.5480 GBP |
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32 17/19p ordinary |
Purchase |
3,010 |
5.5731 GBP |
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32 17/19p ordinary |
Purchase |
2,923 |
5.5486 GBP |
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32 17/19p ordinary |
Purchase |
2,611 |
5.5644 GBP |
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32 17/19p ordinary |
Purchase |
2,214 |
5.5729 GBP |
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32 17/19p ordinary |
Purchase |
2,040 |
5.5706 GBP |
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32 17/19p ordinary |
Purchase |
1,967 |
5.5634 GBP |
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32 17/19p ordinary |
Purchase |
1,795 |
5.5720 GBP |
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32 17/19p ordinary |
Purchase |
1,564 |
5.5570 GBP |
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32 17/19p ordinary |
Purchase |
1,394 |
5.5608 GBP |
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|
32 17/19p ordinary |
Purchase |
1,218 |
5.5760 GBP |
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|
32 17/19p ordinary |
Purchase |
1,129 |
5.5959 GBP |
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|
32 17/19p ordinary |
Purchase |
861 |
5.5200 GBP |
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32 17/19p ordinary |
Purchase |
837 |
5.5700 GBP |
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32 17/19p ordinary |
Purchase |
764 |
5.5420 GBP |
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|
32 17/19p ordinary |
Purchase |
758 |
5.5650 GBP |
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|
32 17/19p ordinary |
Purchase |
658 |
5.5780 GBP |
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|
32 17/19p ordinary |
Purchase |
627 |
5.5919 GBP |
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|
32 17/19p ordinary |
Purchase |
620 |
5.5421 GBP |
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|
32 17/19p ordinary |
Purchase |
559 |
5.5580 GBP |
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|
32 17/19p ordinary |
Purchase |
546 |
5.5920 GBP |
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|
32 17/19p ordinary |
Purchase |
467 |
5.5520 GBP |
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|
32 17/19p ordinary |
Purchase |
382 |
5.5370 GBP |
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|
32 17/19p ordinary |
Purchase |
242 |
5.5340 GBP |
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|
32 17/19p ordinary |
Purchase |
218 |
5.5560 GBP |
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|
32 17/19p ordinary |
Purchase |
164 |
5.5620 GBP |
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32 17/19p ordinary |
Purchase |
163 |
5.5794 GBP |
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|
32 17/19p ordinary |
Purchase |
156 |
5.5483 GBP |
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|
32 17/19p ordinary |
Purchase |
56 |
5.5755 GBP |
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|
32 17/19p ordinary |
Purchase |
33 |
5.5540 GBP |
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32 17/19p ordinary |
Purchase |
17 |
5.5640 GBP |
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32 17/19p ordinary |
Purchase |
15 |
5.5400 GBP |
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ADR |
Purchase |
4 |
14.5600 USD |
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32 17/19p ordinary |
Purchase |
1 |
5.6100 GBP |
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32 17/19p ordinary |
Sale |
643,469 |
5.5860 GBP |
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32 17/19p ordinary |
Sale |
393,044 |
5.5856 GBP |
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32 17/19p ordinary |
Sale |
175,433 |
5.5749 GBP |
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32 17/19p ordinary |
Sale |
158,414 |
5.5400 GBP |
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|
32 17/19p ordinary |
Sale |
107,119 |
5.5846 GBP |
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32 17/19p ordinary |
Sale |
89,377 |
5.5709 GBP |
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32 17/19p ordinary |
Sale |
83,503 |
5.5785 GBP |
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32 17/19p ordinary |
Sale |
72,145 |
5.5691 GBP |
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|
32 17/19p ordinary |
Sale |
59,572 |
5.5787 GBP |
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|
32 17/19p ordinary |
Sale |
58,222 |
5.5421 GBP |
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|
32 17/19p ordinary |
Sale |
37,183 |
5.5848 GBP |
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|
32 17/19p ordinary |
Sale |
29,076 |
5.5451 GBP |
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|
32 17/19p ordinary |
Sale |
27,515 |
5.5528 GBP |
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|
32 17/19p ordinary |
Sale |
23,244 |
5.5896 GBP |
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|
32 17/19p ordinary |
Sale |
22,334 |
5.5660 GBP |
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|
32 17/19p ordinary |
Sale |
17,838 |
5.5888 GBP |
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|
32 17/19p ordinary |
Sale |
17,288 |
5.5883 GBP |
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|
32 17/19p ordinary |
Sale |
14,489 |
5.5827 GBP |
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|
32 17/19p ordinary |
Sale |
14,122 |
5.5478 GBP |
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|
32 17/19p ordinary |
Sale |
11,195 |
5.5853 GBP |
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|
32 17/19p ordinary |
Sale |
8,914 |
5.5623 GBP |
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|
32 17/19p ordinary |
Sale |
6,785 |
5.5265 GBP |
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|
32 17/19p ordinary |
Sale |
6,700 |
5.5622 GBP |
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|
32 17/19p ordinary |
Sale |
5,400 |
5.5335 GBP |
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|
32 17/19p ordinary |
Sale |
4,799 |
5.5680 GBP |
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|
32 17/19p ordinary |
Sale |
4,154 |
5.5252 GBP |
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|
32 17/19p ordinary |
Sale |
3,541 |
5.5752 GBP |
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|
32 17/19p ordinary |
Sale |
3,059 |
5.5491 GBP |
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|
32 17/19p ordinary |
Sale |
2,077 |
5.5552 GBP |
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|
32 17/19p ordinary |
Sale |
1,629 |
5.5377 GBP |
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|
32 17/19p ordinary |
Sale |
1,595 |
5.5640 GBP |
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|
32 17/19p ordinary |
Sale |
1,462 |
5.5763 GBP |
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|
32 17/19p ordinary |
Sale |
1,218 |
5.5760 GBP |
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|
32 17/19p ordinary |
Sale |
1,199 |
5.5539 GBP |
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|
32 17/19p ordinary |
Sale |
1,161 |
5.5720 GBP |
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|
32 17/19p ordinary |
Sale |
1,016 |
5.5650 GBP |
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|
32 17/19p ordinary |
Sale |
861 |
5.5200 GBP |
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|
32 17/19p ordinary |
Sale |
837 |
5.5700 GBP |
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|
32 17/19p ordinary |
Sale |
816 |
5.5654 GBP |
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|
32 17/19p ordinary |
Sale |
750 |
5.5945 GBP |
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|
32 17/19p ordinary |
Sale |
666 |
5.5643 GBP |
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|
32 17/19p ordinary |
Sale |
658 |
5.5780 GBP |
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|
32 17/19p ordinary |
Sale |
559 |
5.5580 GBP |
||||
|
32 17/19p ordinary |
Sale |
541 |
5.5838 GBP |
||||
|
32 17/19p ordinary |
Sale |
467 |
5.5520 GBP |
||||
|
32 17/19p ordinary |
Sale |
426 |
5.5653 GBP |
||||
|
32 17/19p ordinary |
Sale |
308 |
5.5671 GBP |
||||
|
32 17/19p ordinary |
Sale |
242 |
5.5340 GBP |
||||
|
32 17/19p ordinary |
Sale |
218 |
5.5560 GBP |
||||
|
32 17/19p ordinary |
Sale |
155 |
5.5488 GBP |
||||
|
32 17/19p ordinary |
Sale |
136 |
5.5556 GBP |
||||
|
32 17/19p ordinary |
Sale |
33 |
5.5540 GBP |
||||
|
32 17/19p ordinary |
Sale |
19 |
5.5689 GBP |
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|
ADR |
Sale |
4 |
14.5600 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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|
securities |
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32 17/19p ordinary |
SWAP |
Increasing Long |
58,222 |
5.5421 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Long |
8,308 |
5.5452 GBP |
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|
32 17/19p ordinary |
SWAP |
Increasing Long |
43,198 |
5.5460 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
4,753 |
5.5680 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
200 |
5.5699 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
89,377 |
5.5709 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
31 |
5.5712 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
79 |
5.5746 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
25,690 |
5.5748 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
1,464 |
5.5752 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
34,627 |
5.5764 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
82,845 |
5.5785 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
1,537 |
5.5792 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
14,812 |
5.5818 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
32,471 |
5.5829 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
37,183 |
5.5848 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
9,062 |
5.5856 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
87,777 |
5.5857 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
186,435 |
5.5860 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
170,185 |
5.5864 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
13,919 |
5.5880 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
17,838 |
5.5888 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
23,244 |
5.5896 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
1,832 |
5.5987 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
10,203 |
5.5192 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
13,093 |
5.5318 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
391 |
5.5420 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
154,723 |
5.5429 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
9,500 |
5.5448 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
4,840 |
5.5454 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
133,600 |
5.5481 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
156 |
5.5483 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
78,342 |
5.5492 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
19,577 |
5.5498 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
124,018 |
5.5609 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
24,083 |
5.5626 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
35,182 |
5.5636 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
4,011 |
5.5642 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
7,597 |
5.5771 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
3,373 |
5.5806 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
16,536 |
5.5827 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
17,304 |
5.5868 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
135,099 |
5.5893 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
169 |
5.6060 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
1,265 |
5.6100 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
3,967 |
5.5465 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
200 |
5.6020 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
226 |
5.5667 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
7,148 |
5.5701 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
2,049 |
5.6090 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
9,421 |
5.6096 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
45,364 |
5.5362 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
18,199 |
5.5500 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
7,967 |
5.5596 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
9,421 |
5.5863 GBP |
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32 17/19p ordinary |
SWAP |
Decreasing Long |
56 |
5.5756 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
YES |
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Date of disclosure: |
02 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO |
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PURCHASE OR SELL ETC. |
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Note 5(i) on Rule 8 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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Identity of the person whose positions/dealings |
Barclays PLC. |
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are being disclosed: |
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Name of offeror/offeree in relation to whose |
AVIVA PLC |
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relevant securities this from relates: |
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2. |
OPTIONS AND DERIVATIVES |
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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 |
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32 17/19p ordinary |
Call Options |
Written |
-120,787 |
5.3305 |
European |
06 Jun 2025 |
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32 17/19p ordinary |
Call Options |
Written |
-104,580 |
5.3176 |
European |
05 Jun 2025 |
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3. |
AGREEMENTS TO PURCHASE OR SELL ETC. |
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Full details should be given so that the nature of the interest or position can be fully understood: |
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