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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: |
29 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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5,092,370 |
0.19% |
18,296,442 |
0.68% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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17,017,554 |
0.64% |
4,137,481 |
0.15% |
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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% |
225,368 |
0.01% |
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TOTAL: |
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22,109,924 |
0.83% |
22,659,291 |
0.85% |
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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 |
266,796 |
6.1398 GBP |
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32 17/19p ordinary |
Purchase |
181,011 |
6.1450 GBP |
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32 17/19p ordinary |
Purchase |
121,484 |
6.1299 GBP |
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32 17/19p ordinary |
Purchase |
92,400 |
6.1215 GBP |
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32 17/19p ordinary |
Purchase |
89,111 |
6.1340 GBP |
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32 17/19p ordinary |
Purchase |
72,150 |
6.1460 GBP |
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32 17/19p ordinary |
Purchase |
71,465 |
6.0999 GBP |
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32 17/19p ordinary |
Purchase |
54,582 |
6.1163 GBP |
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|
32 17/19p ordinary |
Purchase |
48,135 |
6.1166 GBP |
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32 17/19p ordinary |
Purchase |
41,706 |
6.1308 GBP |
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32 17/19p ordinary |
Purchase |
39,885 |
6.1156 GBP |
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32 17/19p ordinary |
Purchase |
26,264 |
6.1229 GBP |
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32 17/19p ordinary |
Purchase |
23,939 |
6.1363 GBP |
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32 17/19p ordinary |
Purchase |
22,570 |
6.1327 GBP |
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32 17/19p ordinary |
Purchase |
21,231 |
6.1187 GBP |
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32 17/19p ordinary |
Purchase |
13,828 |
6.1313 GBP |
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32 17/19p ordinary |
Purchase |
13,621 |
6.1302 GBP |
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32 17/19p ordinary |
Purchase |
13,361 |
6.1136 GBP |
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32 17/19p ordinary |
Purchase |
12,168 |
6.1233 GBP |
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|
32 17/19p ordinary |
Purchase |
11,702 |
6.1272 GBP |
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32 17/19p ordinary |
Purchase |
11,489 |
6.1283 GBP |
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32 17/19p ordinary |
Purchase |
11,169 |
6.1199 GBP |
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32 17/19p ordinary |
Purchase |
10,241 |
6.1131 GBP |
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32 17/19p ordinary |
Purchase |
7,551 |
6.1248 GBP |
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|
32 17/19p ordinary |
Purchase |
4,908 |
6.1180 GBP |
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|
32 17/19p ordinary |
Purchase |
4,176 |
6.1240 GBP |
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|
32 17/19p ordinary |
Purchase |
3,939 |
6.1278 GBP |
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32 17/19p ordinary |
Purchase |
3,514 |
6.1263 GBP |
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|
32 17/19p ordinary |
Purchase |
3,059 |
6.1243 GBP |
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32 17/19p ordinary |
Purchase |
2,980 |
6.1078 GBP |
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32 17/19p ordinary |
Purchase |
2,957 |
6.1469 GBP |
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32 17/19p ordinary |
Purchase |
2,736 |
6.1329 GBP |
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32 17/19p ordinary |
Purchase |
2,556 |
6.1135 GBP |
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32 17/19p ordinary |
Purchase |
2,175 |
6.1065 GBP |
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32 17/19p ordinary |
Purchase |
2,153 |
6.1400 GBP |
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32 17/19p ordinary |
Purchase |
1,564 |
6.1370 GBP |
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32 17/19p ordinary |
Purchase |
1,561 |
6.1275 GBP |
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32 17/19p ordinary |
Purchase |
1,552 |
6.1346 GBP |
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32 17/19p ordinary |
Purchase |
1,500 |
6.1063 GBP |
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|
32 17/19p ordinary |
Purchase |
1,421 |
6.0993 GBP |
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32 17/19p ordinary |
Purchase |
1,393 |
6.1190 GBP |
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32 17/19p ordinary |
Purchase |
1,363 |
6.1098 GBP |
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|
32 17/19p ordinary |
Purchase |
1,326 |
6.1336 GBP |
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|
32 17/19p ordinary |
Purchase |
962 |
6.1350 GBP |
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32 17/19p ordinary |
Purchase |
862 |
6.1018 GBP |
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32 17/19p ordinary |
Purchase |
830 |
6.1420 GBP |
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ADR |
Purchase |
792 |
16.7311 USD |
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32 17/19p ordinary |
Purchase |
528 |
6.1260 GBP |
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32 17/19p ordinary |
Purchase |
508 |
6.1430 GBP |
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32 17/19p ordinary |
Purchase |
506 |
6.1130 GBP |
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32 17/19p ordinary |
Purchase |
505 |
6.1390 GBP |
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32 17/19p ordinary |
Purchase |
444 |
6.1310 GBP |
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32 17/19p ordinary |
Purchase |
433 |
6.1500 GBP |
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32 17/19p ordinary |
Purchase |
417 |
6.1280 GBP |
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|
32 17/19p ordinary |
Purchase |
381 |
6.1360 GBP |
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|
32 17/19p ordinary |
Purchase |
267 |
6.0780 GBP |
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|
32 17/19p ordinary |
Purchase |
244 |
6.1000 GBP |
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32 17/19p ordinary |
Purchase |
178 |
6.1140 GBP |
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32 17/19p ordinary |
Purchase |
110 |
6.1160 GBP |
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32 17/19p ordinary |
Purchase |
15 |
6.1380 GBP |
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32 17/19p ordinary |
Sale |
1,047,621 |
6.1270 GBP |
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32 17/19p ordinary |
Sale |
388,531 |
6.1460 GBP |
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32 17/19p ordinary |
Sale |
350,768 |
6.1453 GBP |
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32 17/19p ordinary |
Sale |
216,217 |
6.1448 GBP |
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|
32 17/19p ordinary |
Sale |
126,030 |
6.1299 GBP |
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|
32 17/19p ordinary |
Sale |
83,097 |
6.1325 GBP |
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32 17/19p ordinary |
Sale |
76,053 |
6.1324 GBP |
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32 17/19p ordinary |
Sale |
58,968 |
6.1172 GBP |
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32 17/19p ordinary |
Sale |
57,560 |
6.1347 GBP |
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32 17/19p ordinary |
Sale |
50,328 |
6.1346 GBP |
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|
32 17/19p ordinary |
Sale |
49,306 |
6.1340 GBP |
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|
32 17/19p ordinary |
Sale |
36,723 |
6.1445 GBP |
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|
32 17/19p ordinary |
Sale |
36,245 |
6.1375 GBP |
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|
32 17/19p ordinary |
Sale |
18,373 |
6.1188 GBP |
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|
32 17/19p ordinary |
Sale |
16,013 |
6.1332 GBP |
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|
32 17/19p ordinary |
Sale |
13,696 |
6.1447 GBP |
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|
32 17/19p ordinary |
Sale |
5,403 |
6.1287 GBP |
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|
32 17/19p ordinary |
Sale |
5,184 |
6.1391 GBP |
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|
32 17/19p ordinary |
Sale |
5,176 |
6.1338 GBP |
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|
32 17/19p ordinary |
Sale |
5,106 |
6.1240 GBP |
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|
32 17/19p ordinary |
Sale |
5,003 |
6.1360 GBP |
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|
32 17/19p ordinary |
Sale |
4,436 |
6.1395 GBP |
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|
32 17/19p ordinary |
Sale |
3,965 |
6.1190 GBP |
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|
32 17/19p ordinary |
Sale |
3,709 |
6.1239 GBP |
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|
32 17/19p ordinary |
Sale |
3,289 |
6.1372 GBP |
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|
32 17/19p ordinary |
Sale |
3,128 |
6.1380 GBP |
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|
32 17/19p ordinary |
Sale |
2,914 |
6.0995 GBP |
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|
32 17/19p ordinary |
Sale |
2,815 |
6.1368 GBP |
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|
32 17/19p ordinary |
Sale |
2,799 |
6.1322 GBP |
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|
32 17/19p ordinary |
Sale |
2,492 |
6.1323 GBP |
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|
32 17/19p ordinary |
Sale |
2,245 |
6.1400 GBP |
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|
32 17/19p ordinary |
Sale |
2,063 |
6.1307 GBP |
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|
32 17/19p ordinary |
Sale |
1,708 |
6.1161 GBP |
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|
32 17/19p ordinary |
Sale |
1,564 |
6.1370 GBP |
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|
32 17/19p ordinary |
Sale |
1,528 |
6.1228 GBP |
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|
32 17/19p ordinary |
Sale |
1,463 |
6.1148 GBP |
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|
32 17/19p ordinary |
Sale |
1,363 |
6.1160 GBP |
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|
32 17/19p ordinary |
Sale |
1,255 |
6.1180 GBP |
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|
32 17/19p ordinary |
Sale |
1,255 |
6.1186 GBP |
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|
32 17/19p ordinary |
Sale |
1,253 |
6.1300 GBP |
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|
32 17/19p ordinary |
Sale |
1,252 |
6.1133 GBP |
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|
32 17/19p ordinary |
Sale |
965 |
6.1144 GBP |
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|
32 17/19p ordinary |
Sale |
951 |
6.1222 GBP |
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|
32 17/19p ordinary |
Sale |
924 |
6.1428 GBP |
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|
ADR |
Sale |
792 |
16.7311 USD |
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|
32 17/19p ordinary |
Sale |
528 |
6.1260 GBP |
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|
32 17/19p ordinary |
Sale |
518 |
6.1367 GBP |
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|
32 17/19p ordinary |
Sale |
508 |
6.1430 GBP |
||||
|
32 17/19p ordinary |
Sale |
506 |
6.1350 GBP |
||||
|
32 17/19p ordinary |
Sale |
505 |
6.1396 GBP |
||||
|
32 17/19p ordinary |
Sale |
457 |
6.1060 GBP |
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|
32 17/19p ordinary |
Sale |
444 |
6.1436 GBP |
||||
|
32 17/19p ordinary |
Sale |
444 |
6.1310 GBP |
||||
|
32 17/19p ordinary |
Sale |
433 |
6.1500 GBP |
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|
32 17/19p ordinary |
Sale |
417 |
6.1280 GBP |
||||
|
32 17/19p ordinary |
Sale |
178 |
6.1140 GBP |
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|
32 17/19p ordinary |
Sale |
122 |
6.1000 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 |
|
reference |
unit |
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security |
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|
securities |
|
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32 17/19p ordinary |
SWAP |
Increasing Long |
2,914 |
6.0995 GBP |
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|
32 17/19p ordinary |
SWAP |
Increasing Long |
18,373 |
6.1188 GBP |
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|
32 17/19p ordinary |
SWAP |
Increasing Long |
1,047,621 |
6.1270 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
19,717 |
6.1318 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,799 |
6.1322 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
3,103 |
6.1323 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
75,442 |
6.1324 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
83,097 |
6.1325 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
16,013 |
6.1332 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
30,852 |
6.1340 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
50,328 |
6.1346 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
57,560 |
6.1347 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
947 |
6.1351 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
1,663 |
6.1353 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
2,157 |
6.1357 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
3,333 |
6.1368 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
3,289 |
6.1372 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
20,126 |
6.1391 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
4,436 |
6.1395 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
36,723 |
6.1445 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
4,188 |
6.1447 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
49,794 |
6.1448 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
27,179 |
6.1452 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
6,367 |
6.1456 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Increasing Long |
490,309 |
6.1460 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
862 |
6.1018 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
30,020 |
6.1119 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,848 |
6.1136 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
39,885 |
6.1156 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
54,582 |
6.1163 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
413 |
6.1165 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
21,320 |
6.1200 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
92,400 |
6.1215 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
1,238 |
6.1240 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
47,018 |
6.1247 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
15,267 |
6.1265 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
11,489 |
6.1283 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
13,828 |
6.1313 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
89,111 |
6.1340 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
198,945 |
6.1407 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
38,384 |
6.1442 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,300 |
6.1447 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
5,145 |
6.1456 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
2,957 |
6.1469 GBP |
|||
|
32 17/19p ordinary |
SWAP |
Decreasing Long |
700 |
6.1326 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
4,247 |
6.1235 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
160 |
6.1360 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
3,128 |
6.1379 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
15,814 |
6.1402 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
16 |
6.1437 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
32,750 |
6.1455 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
102,862 |
6.1459 GBP |
|||
|
32 17/19p ordinary |
CFD |
Increasing Long |
3,480 |
6.1460 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
161 |
6.0934 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
20,793 |
6.1210 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
4,176 |
6.1239 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
3,003 |
6.1244 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
27,671 |
6.1253 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
1,193 |
6.1258 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
3,026 |
6.1316 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
16,154 |
6.1359 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
14 |
6.1421 GBP |
|||
|
32 17/19p ordinary |
CFD |
Decreasing Long |
4,247 |
6.1464 GBP |
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32 17/19p ordinary |
SWAP |
Increasing Long |
3,471 |
6.1333 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: |
30 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 |
-120,788 |
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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