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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: |
17 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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14,197,286 |
0.53% |
15,662,936 |
0.58% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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14,611,870 |
0.55% |
11,932,799 |
0.45% |
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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% |
225,350 |
0.01% |
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TOTAL: |
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28,809,156 |
1.08% |
27,821,085 |
1.04% |
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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 |
|
securities |
|
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|
32 17/19p ordinary |
Purchase |
410,783 |
5.2377 GBP |
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|
32 17/19p ordinary |
Purchase |
395,928 |
5.2660 GBP |
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|
32 17/19p ordinary |
Purchase |
267,706 |
5.2601 GBP |
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|
32 17/19p ordinary |
Purchase |
130,685 |
5.2337 GBP |
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32 17/19p ordinary |
Purchase |
107,185 |
5.2340 GBP |
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32 17/19p ordinary |
Purchase |
105,450 |
5.2329 GBP |
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32 17/19p ordinary |
Purchase |
56,393 |
5.2662 GBP |
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|
32 17/19p ordinary |
Purchase |
42,847 |
5.2331 GBP |
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|
32 17/19p ordinary |
Purchase |
38,787 |
5.2359 GBP |
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|
32 17/19p ordinary |
Purchase |
36,980 |
5.2351 GBP |
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|
32 17/19p ordinary |
Purchase |
36,240 |
5.2228 GBP |
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32 17/19p ordinary |
Purchase |
30,674 |
5.2658 GBP |
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32 17/19p ordinary |
Purchase |
25,928 |
5.2344 GBP |
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32 17/19p ordinary |
Purchase |
19,433 |
5.2501 GBP |
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32 17/19p ordinary |
Purchase |
18,958 |
5.2275 GBP |
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32 17/19p ordinary |
Purchase |
18,489 |
5.2527 GBP |
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|
32 17/19p ordinary |
Purchase |
16,579 |
5.2298 GBP |
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|
32 17/19p ordinary |
Purchase |
15,497 |
5.2308 GBP |
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|
32 17/19p ordinary |
Purchase |
15,127 |
5.2631 GBP |
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|
32 17/19p ordinary |
Purchase |
14,099 |
5.2747 GBP |
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32 17/19p ordinary |
Purchase |
13,699 |
5.2398 GBP |
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|
32 17/19p ordinary |
Purchase |
13,611 |
5.2354 GBP |
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|
32 17/19p ordinary |
Purchase |
11,264 |
5.2375 GBP |
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|
32 17/19p ordinary |
Purchase |
10,458 |
5.2440 GBP |
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|
32 17/19p ordinary |
Purchase |
8,588 |
5.2391 GBP |
||||
|
32 17/19p ordinary |
Purchase |
8,539 |
5.2322 GBP |
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|
32 17/19p ordinary |
Purchase |
8,243 |
5.2534 GBP |
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|
32 17/19p ordinary |
Purchase |
8,239 |
5.2457 GBP |
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|
32 17/19p ordinary |
Purchase |
7,684 |
5.2382 GBP |
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|
32 17/19p ordinary |
Purchase |
6,545 |
5.2350 GBP |
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|
32 17/19p ordinary |
Purchase |
5,333 |
5.2373 GBP |
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32 17/19p ordinary |
Purchase |
5,277 |
5.2466 GBP |
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|
32 17/19p ordinary |
Purchase |
4,813 |
5.2459 GBP |
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|
32 17/19p ordinary |
Purchase |
4,713 |
5.2421 GBP |
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|
32 17/19p ordinary |
Purchase |
4,606 |
5.2613 GBP |
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|
32 17/19p ordinary |
Purchase |
4,227 |
5.2200 GBP |
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|
32 17/19p ordinary |
Purchase |
4,132 |
5.2356 GBP |
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|
32 17/19p ordinary |
Purchase |
3,977 |
5.2320 GBP |
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|
32 17/19p ordinary |
Purchase |
3,890 |
5.2642 GBP |
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|
32 17/19p ordinary |
Purchase |
3,502 |
5.2651 GBP |
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|
32 17/19p ordinary |
Purchase |
3,483 |
5.2620 GBP |
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|
32 17/19p ordinary |
Purchase |
2,528 |
5.2365 GBP |
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|
32 17/19p ordinary |
Purchase |
2,503 |
5.2343 GBP |
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|
32 17/19p ordinary |
Purchase |
2,354 |
5.2700 GBP |
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|
32 17/19p ordinary |
Purchase |
2,321 |
5.2165 GBP |
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|
32 17/19p ordinary |
Purchase |
2,302 |
5.2194 GBP |
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|
32 17/19p ordinary |
Purchase |
1,881 |
5.2389 GBP |
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|
32 17/19p ordinary |
Purchase |
1,878 |
5.2552 GBP |
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|
32 17/19p ordinary |
Purchase |
1,832 |
5.2219 GBP |
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|
32 17/19p ordinary |
Purchase |
1,810 |
5.2307 GBP |
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|
32 17/19p ordinary |
Purchase |
1,766 |
5.2778 GBP |
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|
32 17/19p ordinary |
Purchase |
1,731 |
5.2368 GBP |
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|
32 17/19p ordinary |
Purchase |
1,729 |
5.2443 GBP |
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|
32 17/19p ordinary |
Purchase |
1,706 |
5.2428 GBP |
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|
32 17/19p ordinary |
Purchase |
1,667 |
5.2327 GBP |
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|
32 17/19p ordinary |
Purchase |
1,454 |
5.2670 GBP |
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|
32 17/19p ordinary |
Purchase |
1,413 |
5.2497 GBP |
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|
32 17/19p ordinary |
Purchase |
1,275 |
5.2380 GBP |
||||
|
32 17/19p ordinary |
Purchase |
1,260 |
5.2598 GBP |
||||
|
32 17/19p ordinary |
Purchase |
960 |
5.2540 GBP |
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|
32 17/19p ordinary |
Purchase |
939 |
5.2840 GBP |
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|
32 17/19p ordinary |
Purchase |
869 |
5.2220 GBP |
||||
|
32 17/19p ordinary |
Purchase |
787 |
5.2750 GBP |
||||
|
32 17/19p ordinary |
Purchase |
776 |
5.2362 GBP |
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|
32 17/19p ordinary |
Purchase |
650 |
5.2786 GBP |
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|
32 17/19p ordinary |
Purchase |
594 |
5.2300 GBP |
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|
32 17/19p ordinary |
Purchase |
586 |
5.2310 GBP |
||||
|
32 17/19p ordinary |
Purchase |
562 |
5.2890 GBP |
||||
|
32 17/19p ordinary |
Purchase |
540 |
5.2180 GBP |
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|
32 17/19p ordinary |
Purchase |
527 |
5.2054 GBP |
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32 17/19p ordinary |
Purchase |
357 |
5.2480 GBP |
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ADR |
Purchase |
314 |
14.1261 USD |
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32 17/19p ordinary |
Purchase |
203 |
5.2330 GBP |
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|
32 17/19p ordinary |
Purchase |
178 |
5.2500 GBP |
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|
32 17/19p ordinary |
Purchase |
175 |
5.2600 GBP |
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|
32 17/19p ordinary |
Purchase |
160 |
5.2520 GBP |
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|
32 17/19p ordinary |
Purchase |
142 |
5.2400 GBP |
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32 17/19p ordinary |
Purchase |
40 |
5.2460 GBP |
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32 17/19p ordinary |
Sale |
250,527 |
5.2441 GBP |
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32 17/19p ordinary |
Sale |
150,750 |
5.2485 GBP |
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|
32 17/19p ordinary |
Sale |
144,060 |
5.2460 GBP |
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|
32 17/19p ordinary |
Sale |
130,116 |
5.2611 GBP |
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|
32 17/19p ordinary |
Sale |
97,082 |
5.2325 GBP |
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|
32 17/19p ordinary |
Sale |
84,520 |
5.2599 GBP |
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|
32 17/19p ordinary |
Sale |
60,757 |
5.2407 GBP |
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|
32 17/19p ordinary |
Sale |
59,703 |
5.2660 GBP |
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|
32 17/19p ordinary |
Sale |
56,263 |
5.2654 GBP |
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|
32 17/19p ordinary |
Sale |
49,542 |
5.2392 GBP |
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|
32 17/19p ordinary |
Sale |
47,494 |
5.2459 GBP |
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|
32 17/19p ordinary |
Sale |
40,230 |
5.2657 GBP |
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|
32 17/19p ordinary |
Sale |
39,727 |
5.2514 GBP |
||||
|
32 17/19p ordinary |
Sale |
31,799 |
5.2700 GBP |
||||
|
32 17/19p ordinary |
Sale |
22,491 |
5.2404 GBP |
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|
32 17/19p ordinary |
Sale |
21,305 |
5.2312 GBP |
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|
32 17/19p ordinary |
Sale |
20,106 |
5.2280 GBP |
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|
32 17/19p ordinary |
Sale |
20,058 |
5.2596 GBP |
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|
32 17/19p ordinary |
Sale |
18,999 |
5.2604 GBP |
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|
32 17/19p ordinary |
Sale |
16,991 |
5.2341 GBP |
||||
|
32 17/19p ordinary |
Sale |
16,056 |
5.2387 GBP |
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|
32 17/19p ordinary |
Sale |
15,812 |
5.2395 GBP |
||||
|
32 17/19p ordinary |
Sale |
13,103 |
5.2412 GBP |
||||
|
32 17/19p ordinary |
Sale |
13,078 |
5.2310 GBP |
||||
|
32 17/19p ordinary |
Sale |
12,687 |
5.2332 GBP |
||||
|
32 17/19p ordinary |
Sale |
11,632 |
5.2528 GBP |
||||
|
32 17/19p ordinary |
Sale |
11,303 |
5.2254 GBP |
||||
|
32 17/19p ordinary |
Sale |
9,766 |
5.2330 GBP |
||||
|
32 17/19p ordinary |
Sale |
8,539 |
5.2327 GBP |
||||
|
32 17/19p ordinary |
Sale |
7,336 |
5.2539 GBP |
||||
|
32 17/19p ordinary |
Sale |
7,036 |
5.2220 GBP |
||||
|
32 17/19p ordinary |
Sale |
6,806 |
5.2383 GBP |
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|
32 17/19p ordinary |
Sale |
6,169 |
5.2641 GBP |
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|
32 17/19p ordinary |
Sale |
6,108 |
5.2188 GBP |
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|
32 17/19p ordinary |
Sale |
5,912 |
5.2378 GBP |
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|
32 17/19p ordinary |
Sale |
4,601 |
5.2323 GBP |
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|
32 17/19p ordinary |
Sale |
4,476 |
5.2428 GBP |
||||
|
32 17/19p ordinary |
Sale |
3,327 |
5.2300 GBP |
||||
|
32 17/19p ordinary |
Sale |
3,069 |
5.2500 GBP |
||||
|
32 17/19p ordinary |
Sale |
3,064 |
5.2399 GBP |
||||
|
32 17/19p ordinary |
Sale |
2,529 |
5.2698 GBP |
||||
|
32 17/19p ordinary |
Sale |
2,503 |
5.2348 GBP |
||||
|
32 17/19p ordinary |
Sale |
2,286 |
5.2360 GBP |
||||
|
32 17/19p ordinary |
Sale |
2,001 |
5.2368 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,924 |
5.2370 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,249 |
5.2540 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,180 |
5.2714 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,136 |
5.2352 GBP |
||||
|
32 17/19p ordinary |
Sale |
827 |
5.2201 GBP |
||||
|
32 17/19p ordinary |
Sale |
738 |
5.2200 GBP |
||||
|
32 17/19p ordinary |
Sale |
635 |
5.2675 GBP |
||||
|
32 17/19p ordinary |
Sale |
624 |
5.2320 GBP |
||||
|
32 17/19p ordinary |
Sale |
562 |
5.2890 GBP |
||||
|
32 17/19p ordinary |
Sale |
543 |
5.2600 GBP |
||||
|
32 17/19p ordinary |
Sale |
540 |
5.2180 GBP |
||||
|
32 17/19p ordinary |
Sale |
527 |
5.2060 GBP |
||||
|
32 17/19p ordinary |
Sale |
471 |
5.2340 GBP |
||||
|
32 17/19p ordinary |
Sale |
400 |
5.2080 GBP |
||||
|
32 17/19p ordinary |
Sale |
357 |
5.2480 GBP |
||||
|
32 17/19p ordinary |
Sale |
316 |
5.2100 GBP |
||||
|
ADR |
Sale |
314 |
14.1261 USD |
||||
|
32 17/19p ordinary |
Sale |
142 |
5.2400 GBP |
||||
|
32 17/19p ordinary |
Sale |
65 |
5.2879 GBP |
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|
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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 |
|
reference |
unit |
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|
security |
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|
securities |
|
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|
32 17/19p ordinary |
SWAP |
Decreasing Short |
5,519 |
5.2254 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
15,503 |
5.2300 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
1,058 |
5.2329 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
2,728 |
5.2344 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
1,924 |
5.2370 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
49,530 |
5.2375 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
3,064 |
5.2399 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
144,060 |
5.2460 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
11,632 |
5.2528 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
21,252 |
5.2529 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
20,058 |
5.2596 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
84,520 |
5.2599 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
9,176 |
5.2611 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
8,499 |
5.2617 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
18,172 |
5.2626 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
6,169 |
5.2641 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
56,263 |
5.2654 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
88,427 |
5.2657 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
7,716 |
5.2659 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
667 |
5.2660 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
29,445 |
5.2700 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
16,928 |
5.2701 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Short |
65 |
5.2879 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
302 |
5.2080 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
2 |
5.2180 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
2,302 |
5.2194 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
4,227 |
5.2200 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
32,400 |
5.2228 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
14,748 |
5.2308 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
130,685 |
5.2337 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
104,754 |
5.2340 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
26,653 |
5.2344 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
27,416 |
5.2356 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
2,795 |
5.2386 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
4,713 |
5.2421 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
8,239 |
5.2457 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
4,813 |
5.2459 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
1,077 |
5.2464 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
1,269 |
5.2499 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
35,111 |
5.2521 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
135 |
5.2540 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
105,807 |
5.2562 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
73,462 |
5.2659 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
313,511 |
5.2660 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
56,393 |
5.2662 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
819 |
5.2670 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Short |
14,099 |
5.2747 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
900 |
5.2627 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
13,700 |
5.2660 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
8,286 |
5.2184 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
8,296 |
5.2231 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
24,815 |
5.2264 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
17,333 |
5.2295 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
515 |
5.2525 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
17,274 |
5.2659 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
3,231 |
5.2334 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
34,548 |
5.2659 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
290 |
5.2683 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
10,693 |
5.2690 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 |
|
of |
description |
purchasing, |
of |
price |
|
date |
money |
|
relevant |
|
selling, |
securities |
per unit |
|
|
paid/ |
|
security |
|
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 |
|||
|
security |
|
|
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 |
|
|
applicable) |
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|
4. |
OTHER INFORMATION |
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|
(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 |
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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 |
|
|||||
|
Details of any agreement, arrangement or understanding, formal or informal, between |
|
|
|||||
|
the person making the disclosure and any other person relating to: |
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|
|||||
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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 |
|||||||
|
(c) |
Attachments |
|
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|
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|
|
Is a Supplemental Form 8 (Open Positions) attached? |
YES |
||||||
|
Date of disclosure: |
22 Apr 2025 |
||||||
|
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 |
|||||||
|
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: |
|||||||
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|
|
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 |
-120,768 |
5.3305 |
European |
06 Jun 2025 |
|
|
32 17/19p ordinary |
Call Options |
Written |
-104,582 |
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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