Form 8.3 - Aviva PLC

Jefferies International Limited.

14 April 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:	Jefferies International Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	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:      For an opening position disclosure, state the latest practicable date prior to the disclosure	11th April 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?      If it is a cash offer or possible cash offer, state "N/A"	Direct Line Insurance Group plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	1,468,203	0.054
(2) Cash-settled derivatives:	7,004,215	0.261	8,475,595	0.316
(3) Stock-settled derivatives 9,046,722 (including options) and agreements to purchase/sell:
TOTAL:	8,472,418	0.316	8,475,595	0.316

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (GBX)
32 17/19p ordinary	Purchases Sales	1,961  4,919  468,566  287,451  2,547  44,400  65,943  11,330  96  3,200 82  82  164  82  82  82  82  82  3,177  82  82  82  82  18  64  131  1,028  1,684  608  268  11,413  5,666  1,618  434  790  1,318  317  628  100  79  82  695  57  447  111  737  9,193  1,961  25  3,572  82  140  250  6  140  936  2,678  140  844  609  82  320  9  598  100  172  172  82  916  16,093  372  1,175  287  1,980  1,732  153  10,417  2,010  4,149  1,239  1,337  82  757,124  1,822  1,021  82  82  4,033  82  1,131  520  78  4  19,556  139  14  556  417  68  246  82  234  82  1,958  1,048  4,705  4,245  140  21  178  3,107  4,634  1,543  1,748  82  550  1,164  82  82  82  82	494.4000 495.6920 497.6756 497.8000 498.5000 498.5700 498.8500 499.0217 499.7000 499.7500 489.9500 490.1000 490.4000 490.6000 490.8000 491.3000 491.5000 491.6000 491.8000 491.9000 491.9500 492.0000 492.1000 492.7500 492.8000 492.8500 493.1000 493.1500 493.2000 493.2500 493.4000 493.4500 493.5000 493.6000 493.6500 493.7000 493.7500 493.8000 493.8500 494.0000 494.0500 494.1500 494.2000 494.2500 494.3000 494.3500 494.4000 494.4494 494.4500 494.5000 494.8000 494.9000 495.0000 495.0500 495.1000 495.2500 495.3000 495.4000 495.5000 495.6000 495.7000 495.7500 495.8000 495.9000 495.9500 496.0500 496.2000 496.4000 496.7000 496.9000 496.9500 497.0000 497.0500 497.1000 497.2000 497.3000 497.4000 497.5000 497.6000 497.6500 497.7000 497.7500 497.8000 497.9000 498.0000 498.1000 498.1500 498.2000 498.2500 498.3000 498.3500 498.4000 498.4500 498.5000 498.6000 498.6500 498.7000 498.7500 498.8000 498.8500 498.9000 499.1000 499.1500 499.2000 499.2500 499.5000 499.5500 499.6000 499.6500 499.7000 499.7500 499.8000 499.9000 499.9500 500.0000 500.2000 500.2500 500.6000 501.1000 501.2000 501.4000

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit (GBX)
32 17/19p ordinary

·      Please note, please also see other deal section at the bottom of the form.

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	14th April 2025
Contact name:	Jason Williams
Telephone number	020 7029 8706

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END