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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: |
13 May 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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10,506,362 |
0.39% |
17488075 |
1.02% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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16,855,362 |
0.63% |
9,817,162 |
0.37% |
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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% |
225,370 |
0.01% |
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TOTAL: |
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27,361,724 |
1.02% |
27530607 |
1.40% |
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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 |
359,529 |
5.7400 GBP |
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|
32 17/19p ordinary |
Purchase |
182,405 |
5.7392 GBP |
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|
32 17/19p ordinary |
Purchase |
173,586 |
5.7160 GBP |
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|
32 17/19p ordinary |
Purchase |
149,000 |
5.7399 GBP |
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|
32 17/19p ordinary |
Purchase |
121,091 |
5.7433 GBP |
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|
32 17/19p ordinary |
Purchase |
101,305 |
5.7337 GBP |
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32 17/19p ordinary |
Purchase |
82,860 |
5.7333 GBP |
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|
32 17/19p ordinary |
Purchase |
68,148 |
5.7405 GBP |
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|
32 17/19p ordinary |
Purchase |
67,682 |
5.7461 GBP |
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|
32 17/19p ordinary |
Purchase |
57,829 |
5.7276 GBP |
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|
32 17/19p ordinary |
Purchase |
57,414 |
5.7362 GBP |
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|
32 17/19p ordinary |
Purchase |
47,127 |
5.7420 GBP |
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|
32 17/19p ordinary |
Purchase |
46,372 |
5.7317 GBP |
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32 17/19p ordinary |
Purchase |
33,680 |
5.7191 GBP |
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32 17/19p ordinary |
Purchase |
25,353 |
5.7376 GBP |
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32 17/19p ordinary |
Purchase |
25,280 |
5.7201 GBP |
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|
32 17/19p ordinary |
Purchase |
14,489 |
5.7274 GBP |
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|
32 17/19p ordinary |
Purchase |
11,373 |
5.7421 GBP |
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|
32 17/19p ordinary |
Purchase |
10,619 |
5.7327 GBP |
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|
32 17/19p ordinary |
Purchase |
10,053 |
5.7308 GBP |
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32 17/19p ordinary |
Purchase |
9,130 |
5.7478 GBP |
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32 17/19p ordinary |
Purchase |
6,319 |
5.7377 GBP |
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32 17/19p ordinary |
Purchase |
6,200 |
5.7476 GBP |
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32 17/19p ordinary |
Purchase |
5,897 |
5.7441 GBP |
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|
32 17/19p ordinary |
Purchase |
5,750 |
5.7379 GBP |
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|
32 17/19p ordinary |
Purchase |
5,572 |
5.7404 GBP |
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|
32 17/19p ordinary |
Purchase |
3,875 |
5.7390 GBP |
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32 17/19p ordinary |
Purchase |
3,379 |
5.7345 GBP |
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32 17/19p ordinary |
Purchase |
3,174 |
5.7332 GBP |
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ADR |
Purchase |
2,940 |
15.3592 USD |
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32 17/19p ordinary |
Purchase |
2,413 |
5.7483 GBP |
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32 17/19p ordinary |
Purchase |
2,403 |
5.7418 GBP |
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32 17/19p ordinary |
Purchase |
2,347 |
5.7380 GBP |
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32 17/19p ordinary |
Purchase |
2,319 |
5.7517 GBP |
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32 17/19p ordinary |
Purchase |
2,114 |
5.7328 GBP |
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32 17/19p ordinary |
Purchase |
2,088 |
5.7381 GBP |
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32 17/19p ordinary |
Purchase |
2,083 |
5.7425 GBP |
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32 17/19p ordinary |
Purchase |
1,707 |
5.7180 GBP |
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32 17/19p ordinary |
Purchase |
1,494 |
5.7500 GBP |
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|
32 17/19p ordinary |
Purchase |
1,226 |
5.7240 GBP |
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|
32 17/19p ordinary |
Purchase |
1,162 |
5.7440 GBP |
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|
32 17/19p ordinary |
Purchase |
1,161 |
5.7505 GBP |
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|
32 17/19p ordinary |
Purchase |
1,139 |
5.7580 GBP |
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32 17/19p ordinary |
Purchase |
854 |
5.7480 GBP |
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32 17/19p ordinary |
Purchase |
809 |
5.7198 GBP |
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32 17/19p ordinary |
Purchase |
809 |
5.7200 GBP |
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ADR |
Purchase |
800 |
15.4700 USD |
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32 17/19p ordinary |
Purchase |
772 |
5.7391 GBP |
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32 17/19p ordinary |
Purchase |
494 |
5.7460 GBP |
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|
32 17/19p ordinary |
Purchase |
455 |
5.7434 GBP |
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|
32 17/19p ordinary |
Purchase |
395 |
5.7220 GBP |
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|
32 17/19p ordinary |
Purchase |
266 |
5.7310 GBP |
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|
32 17/19p ordinary |
Purchase |
116 |
5.7450 GBP |
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|
32 17/19p ordinary |
Purchase |
73 |
5.7280 GBP |
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|
32 17/19p ordinary |
Purchase |
19 |
5.7600 GBP |
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32 17/19p ordinary |
Purchase |
3 |
5.7540 GBP |
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32 17/19p ordinary |
Sale |
139,116 |
5.7420 GBP |
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32 17/19p ordinary |
Sale |
133,228 |
5.7384 GBP |
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32 17/19p ordinary |
Sale |
113,882 |
5.7430 GBP |
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|
32 17/19p ordinary |
Sale |
110,747 |
5.7297 GBP |
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|
32 17/19p ordinary |
Sale |
67,493 |
5.7414 GBP |
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|
32 17/19p ordinary |
Sale |
36,122 |
5.7458 GBP |
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|
32 17/19p ordinary |
Sale |
33,977 |
5.7377 GBP |
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|
32 17/19p ordinary |
Sale |
32,957 |
5.7346 GBP |
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|
32 17/19p ordinary |
Sale |
28,462 |
5.7410 GBP |
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|
32 17/19p ordinary |
Sale |
27,626 |
5.7484 GBP |
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|
32 17/19p ordinary |
Sale |
26,748 |
5.7331 GBP |
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|
32 17/19p ordinary |
Sale |
23,827 |
5.7262 GBP |
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|
32 17/19p ordinary |
Sale |
23,022 |
5.7411 GBP |
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|
32 17/19p ordinary |
Sale |
22,468 |
5.7405 GBP |
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|
32 17/19p ordinary |
Sale |
22,104 |
5.7450 GBP |
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|
32 17/19p ordinary |
Sale |
13,979 |
5.7300 GBP |
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|
32 17/19p ordinary |
Sale |
13,228 |
5.7383 GBP |
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|
32 17/19p ordinary |
Sale |
11,978 |
5.7342 GBP |
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|
32 17/19p ordinary |
Sale |
11,617 |
5.7415 GBP |
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|
32 17/19p ordinary |
Sale |
11,581 |
5.7356 GBP |
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|
32 17/19p ordinary |
Sale |
10,525 |
5.7329 GBP |
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|
32 17/19p ordinary |
Sale |
10,521 |
5.7298 GBP |
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|
32 17/19p ordinary |
Sale |
9,660 |
5.7471 GBP |
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|
32 17/19p ordinary |
Sale |
8,238 |
5.7361 GBP |
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|
32 17/19p ordinary |
Sale |
7,776 |
5.7397 GBP |
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|
32 17/19p ordinary |
Sale |
6,598 |
5.7360 GBP |
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|
32 17/19p ordinary |
Sale |
6,496 |
5.7327 GBP |
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|
32 17/19p ordinary |
Sale |
6,301 |
5.7500 GBP |
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|
32 17/19p ordinary |
Sale |
5,800 |
5.7388 GBP |
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|
32 17/19p ordinary |
Sale |
5,637 |
5.7221 GBP |
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|
32 17/19p ordinary |
Sale |
5,512 |
5.7330 GBP |
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|
32 17/19p ordinary |
Sale |
4,835 |
5.7540 GBP |
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|
32 17/19p ordinary |
Sale |
4,774 |
5.7583 GBP |
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|
32 17/19p ordinary |
Sale |
4,626 |
5.7394 GBP |
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|
32 17/19p ordinary |
Sale |
4,614 |
5.7287 GBP |
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|
32 17/19p ordinary |
Sale |
4,354 |
5.7266 GBP |
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|
32 17/19p ordinary |
Sale |
3,908 |
5.7158 GBP |
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|
32 17/19p ordinary |
Sale |
3,591 |
5.7375 GBP |
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ADR |
Sale |
2,940 |
15.3592 USD |
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32 17/19p ordinary |
Sale |
2,810 |
5.7419 GBP |
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|
32 17/19p ordinary |
Sale |
2,532 |
5.7308 GBP |
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|
32 17/19p ordinary |
Sale |
2,301 |
5.7445 GBP |
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|
32 17/19p ordinary |
Sale |
2,295 |
5.7470 GBP |
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|
32 17/19p ordinary |
Sale |
2,262 |
5.7480 GBP |
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|
32 17/19p ordinary |
Sale |
2,193 |
5.7519 GBP |
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|
32 17/19p ordinary |
Sale |
2,187 |
5.7180 GBP |
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|
32 17/19p ordinary |
Sale |
1,953 |
5.7451 GBP |
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|
32 17/19p ordinary |
Sale |
1,905 |
5.7568 GBP |
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|
32 17/19p ordinary |
Sale |
1,573 |
5.7240 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,139 |
5.7580 GBP |
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|
32 17/19p ordinary |
Sale |
1,115 |
5.7440 GBP |
||||
|
32 17/19p ordinary |
Sale |
1,093 |
5.7380 GBP |
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|
32 17/19p ordinary |
Sale |
1,041 |
5.7483 GBP |
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|
32 17/19p ordinary |
Sale |
945 |
5.7200 GBP |
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|
32 17/19p ordinary |
Sale |
904 |
5.7390 GBP |
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32 17/19p ordinary |
Sale |
869 |
5.7140 GBP |
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ADR |
Sale |
800 |
15.4700 USD |
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32 17/19p ordinary |
Sale |
736 |
5.7474 GBP |
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32 17/19p ordinary |
Sale |
668 |
5.7444 GBP |
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|
32 17/19p ordinary |
Sale |
575 |
5.7393 GBP |
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|
32 17/19p ordinary |
Sale |
550 |
5.7400 GBP |
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|
32 17/19p ordinary |
Sale |
524 |
5.7340 GBP |
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|
32 17/19p ordinary |
Sale |
508 |
5.7198 GBP |
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|
32 17/19p ordinary |
Sale |
494 |
5.7460 GBP |
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|
32 17/19p ordinary |
Sale |
472 |
5.7280 GBP |
||||
|
32 17/19p ordinary |
Sale |
395 |
5.7220 GBP |
||||
|
32 17/19p ordinary |
Sale |
338 |
5.7579 GBP |
||||
|
32 17/19p ordinary |
Sale |
293 |
5.7290 GBP |
||||
|
32 17/19p ordinary |
Sale |
266 |
5.7310 GBP |
||||
|
32 17/19p ordinary |
Sale |
126 |
5.7611 GBP |
||||
|
32 17/19p ordinary |
Sale |
101 |
5.7399 GBP |
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|
32 17/19p ordinary |
Sale |
19 |
5.7605 GBP |
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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 |
6,450 |
5.7170 GBP |
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|
32 17/19p ordinary |
SWAP |
Increasing Long |
14,328 |
5.7298 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,532 |
5.7308 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
11,800 |
5.7380 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
13,228 |
5.7383 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,022 |
5.7395 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
23,022 |
5.7411 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,547 |
5.7415 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
22,947 |
5.7416 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
76,511 |
5.7420 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
4,965 |
5.7424 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
75,422 |
5.7428 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,301 |
5.7445 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
20,496 |
5.7450 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
1,953 |
5.7451 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
9,660 |
5.7471 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
338 |
5.7500 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
1,406 |
5.7579 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
3,706 |
5.7584 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
173,586 |
5.7160 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
10,371 |
5.7312 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,426 |
5.7321 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
10,619 |
5.7327 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,114 |
5.7328 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
5,555 |
5.7331 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
168,239 |
5.7337 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
12,631 |
5.7346 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
67,324 |
5.7348 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
57,414 |
5.7362 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,088 |
5.7381 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
7,850 |
5.7387 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
3,794 |
5.7390 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
60,134 |
5.7406 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
141,058 |
5.7420 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
11,373 |
5.7421 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
77,061 |
5.7422 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
37,658 |
5.7428 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
455 |
5.7434 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
21,570 |
5.7436 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
589 |
5.7253 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
966 |
5.7375 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
1,974 |
5.7417 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
18,968 |
5.7475 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
16,659 |
5.7329 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
100,340 |
5.7406 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
8,987 |
5.7424 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
328 |
5.7496 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 |
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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: |
23 May 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 |
-120,790 |
5.3305 |
European |
26 Jun 2025 |
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32 17/19p ordinary |
Call Options |
Written |
-104,580 |
5.3176 |
European |
25 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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