Form 8.3 AVIVA PLC

Barclays PLC

14 February 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:			Barclays PLC.
(b)	Owner or controller of interest and short  positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			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:			13 Feb 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?			YES:  DIRECT LINE INSURANCE GROUP PLC
2.	POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(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:				31,452,073	1.17%	27,400,120	1.02%
(2) Cash-settled derivatives:				10,033,454	0.37%	24,070,482	0.90%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				20,000	0.00%	486,694	0.02%
TOTAL:				41,505,527	1.55%	51,957,296	1.94%
(b)	Rights to subscribe for new securities (including directors and  other executive 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
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
32 17/19p ordinary	Purchase	443,819	5.1012  GBP
32 17/19p ordinary	Purchase	247,898	5.1015  GBP
32 17/19p ordinary	Purchase	219,147	5.0691  GBP
32 17/19p ordinary	Purchase	182,846	5.0901  GBP
32 17/19p ordinary	Purchase	164,360	5.0678  GBP
32 17/19p ordinary	Purchase	164,360	5.0791  GBP
32 17/19p ordinary	Purchase	143,656	5.0946  GBP
32 17/19p ordinary	Purchase	81,224	5.1040  GBP
32 17/19p ordinary	Purchase	76,925	5.0825  GBP
32 17/19p ordinary	Purchase	59,252	5.0790  GBP
32 17/19p ordinary	Purchase	57,698	5.1042  GBP
32 17/19p ordinary	Purchase	42,139	5.0896  GBP
32 17/19p ordinary	Purchase	41,593	5.0935  GBP
32 17/19p ordinary	Purchase	40,543	5.0806  GBP
32 17/19p ordinary	Purchase	38,609	5.0877  GBP
32 17/19p ordinary	Purchase	30,407	5.0919  GBP
32 17/19p ordinary	Purchase	29,664	5.0729  GBP
32 17/19p ordinary	Purchase	22,920	5.0787  GBP
32 17/19p ordinary	Purchase	22,833	5.0964  GBP
32 17/19p ordinary	Purchase	15,090	5.0959  GBP
32 17/19p ordinary	Purchase	13,804	5.0777  GBP
32 17/19p ordinary	Purchase	12,308	5.1050  GBP
32 17/19p ordinary	Purchase	12,210	5.0795  GBP
32 17/19p ordinary	Purchase	8,003	5.0854  GBP
32 17/19p ordinary	Purchase	7,536	5.0934  GBP
32 17/19p ordinary	Purchase	7,422	5.0925  GBP
32 17/19p ordinary	Purchase	6,800	5.0697  GBP
32 17/19p ordinary	Purchase	4,923	5.0888  GBP
32 17/19p ordinary	Purchase	4,416	5.0963  GBP
32 17/19p ordinary	Purchase	3,365	5.0897  GBP
32 17/19p ordinary	Purchase	3,116	5.0880  GBP
32 17/19p ordinary	Purchase	2,977	5.0954  GBP
32 17/19p ordinary	Purchase	2,062	5.0920  GBP
32 17/19p ordinary	Purchase	1,756	5.0700  GBP
32 17/19p ordinary	Purchase	1,436	5.0961  GBP
32 17/19p ordinary	Purchase	1,094	5.0960  GBP
32 17/19p ordinary	Purchase	1,076	5.0815  GBP
32 17/19p ordinary	Purchase	931	5.0780  GBP
32 17/19p ordinary	Purchase	917	5.0846  GBP
32 17/19p ordinary	Purchase	900	5.0580  GBP
32 17/19p ordinary	Purchase	860	5.0760  GBP
32 17/19p ordinary	Purchase	860	5.0900  GBP
32 17/19p ordinary	Purchase	851	5.0811  GBP
32 17/19p ordinary	Purchase	736	5.1000  GBP
32 17/19p ordinary	Purchase	570	5.0600  GBP
32 17/19p ordinary	Purchase	558	5.0840  GBP
32 17/19p ordinary	Purchase	404	5.0800  GBP
32 17/19p ordinary	Purchase	379	5.1020  GBP
32 17/19p ordinary	Purchase	119	5.0820  GBP
32 17/19p ordinary	Purchase	76	5.0940  GBP
32 17/19p ordinary	Sale	324,343	5.0902  GBP
32 17/19p ordinary	Sale	193,714	5.0698  GBP
32 17/19p ordinary	Sale	136,371	5.1007  GBP
32 17/19p ordinary	Sale	86,369	5.0921  GBP
32 17/19p ordinary	Sale	65,190	5.1040  GBP
32 17/19p ordinary	Sale	62,928	5.0848  GBP
32 17/19p ordinary	Sale	60,294	5.0784  GBP
32 17/19p ordinary	Sale	47,384	5.0793  GBP
32 17/19p ordinary	Sale	45,631	5.0931  GBP
32 17/19p ordinary	Sale	41,324	5.0805  GBP
32 17/19p ordinary	Sale	34,726	5.1003  GBP
32 17/19p ordinary	Sale	33,912	5.1043  GBP
32 17/19p ordinary	Sale	27,985	5.0844  GBP
32 17/19p ordinary	Sale	20,389	5.0908  GBP
32 17/19p ordinary	Sale	16,401	5.0693  GBP
32 17/19p ordinary	Sale	14,800	5.0632  GBP
32 17/19p ordinary	Sale	11,856	5.0901  GBP
32 17/19p ordinary	Sale	10,456	5.0820  GBP
32 17/19p ordinary	Sale	10,271	5.0829  GBP
32 17/19p ordinary	Sale	8,541	5.0825  GBP
32 17/19p ordinary	Sale	8,021	5.0799  GBP
32 17/19p ordinary	Sale	6,997	5.0692  GBP
32 17/19p ordinary	Sale	5,838	5.0891  GBP
32 17/19p ordinary	Sale	5,594	5.0853  GBP
32 17/19p ordinary	Sale	5,386	5.0963  GBP
32 17/19p ordinary	Sale	5,211	5.0868  GBP
32 17/19p ordinary	Sale	4,820	5.0944  GBP
32 17/19p ordinary	Sale	3,666	5.0789  GBP
32 17/19p ordinary	Sale	3,571	5.0930  GBP
32 17/19p ordinary	Sale	3,116	5.0880  GBP
32 17/19p ordinary	Sale	2,925	5.0928  GBP
32 17/19p ordinary	Sale	2,860	5.0760  GBP
32 17/19p ordinary	Sale	2,785	5.0845  GBP
32 17/19p ordinary	Sale	2,546	5.0814  GBP
32 17/19p ordinary	Sale	2,398	5.0895  GBP
32 17/19p ordinary	Sale	2,200	5.1029  GBP
32 17/19p ordinary	Sale	2,073	5.0920  GBP
32 17/19p ordinary	Sale	1,991	5.0843  GBP
32 17/19p ordinary	Sale	1,967	5.0724  GBP
32 17/19p ordinary	Sale	1,183	5.0900  GBP
32 17/19p ordinary	Sale	983	5.0780  GBP
32 17/19p ordinary	Sale	917	5.0851  GBP
32 17/19p ordinary	Sale	736	5.1000  GBP
32 17/19p ordinary	Sale	659	5.0919  GBP
32 17/19p ordinary	Sale	559	5.0960  GBP
32 17/19p ordinary	Sale	464	5.0980  GBP
32 17/19p ordinary	Sale	404	5.0800  GBP
32 17/19p ordinary	Sale	379	5.1020  GBP
32 17/19p ordinary	Sale	371	5.0939  GBP
32 17/19p ordinary	Sale	76	5.0940  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
32 17/19p ordinary	SWAP	Decreasing Short	2,589,612	5.0320  GBP
32 17/19p ordinary	SWAP	Decreasing Short	100,345	5.0375  GBP
32 17/19p ordinary	SWAP	Decreasing Short	310	5.0599  GBP
32 17/19p ordinary	SWAP	Decreasing Short	14,800	5.0632  GBP
32 17/19p ordinary	SWAP	Decreasing Short	193,714	5.0699  GBP
32 17/19p ordinary	SWAP	Decreasing Short	4,412	5.0744  GBP
32 17/19p ordinary	SWAP	Decreasing Short	60,294	5.0784  GBP
32 17/19p ordinary	SWAP	Decreasing Short	41,324	5.0805  GBP
32 17/19p ordinary	SWAP	Decreasing Short	28,884	5.0812  GBP
32 17/19p ordinary	SWAP	Decreasing Short	200	5.0840  GBP
32 17/19p ordinary	SWAP	Decreasing Short	26,633	5.0842  GBP
32 17/19p ordinary	SWAP	Decreasing Short	5,594	5.0853  GBP
32 17/19p ordinary	SWAP	Decreasing Short	43,613	5.0862  GBP
32 17/19p ordinary	SWAP	Decreasing Short	5,838	5.0891  GBP
32 17/19p ordinary	SWAP	Decreasing Short	2,398	5.0895  GBP
32 17/19p ordinary	SWAP	Decreasing Short	518	5.0899  GBP
32 17/19p ordinary	SWAP	Decreasing Short	17,105	5.0908  GBP
32 17/19p ordinary	SWAP	Decreasing Short	752	5.0914  GBP
32 17/19p ordinary	SWAP	Decreasing Short	659	5.0919  GBP
32 17/19p ordinary	SWAP	Decreasing Short	11	5.0920  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,876	5.0928  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,571	5.0930  GBP
32 17/19p ordinary	SWAP	Decreasing Short	371	5.0939  GBP
32 17/19p ordinary	SWAP	Decreasing Short	531	5.0959  GBP
32 17/19p ordinary	SWAP	Decreasing Short	5,386	5.0963  GBP
32 17/19p ordinary	SWAP	Decreasing Short	34,726	5.1003  GBP
32 17/19p ordinary	SWAP	Decreasing Short	15,634	5.1006  GBP
32 17/19p ordinary	SWAP	Decreasing Short	2,200	5.1029  GBP
32 17/19p ordinary	SWAP	Decreasing Short	118,995	5.1037  GBP
32 17/19p ordinary	SWAP	Decreasing Short	11,373	5.1040  GBP
32 17/19p ordinary	SWAP	Increasing Short	2,589,612	5.0320  GBP
32 17/19p ordinary	SWAP	Increasing Short	570	5.0600  GBP
32 17/19p ordinary	SWAP	Increasing Short	6,800	5.0697  GBP
32 17/19p ordinary	SWAP	Increasing Short	671	5.0767  GBP
32 17/19p ordinary	SWAP	Increasing Short	13,804	5.0777  GBP
32 17/19p ordinary	SWAP	Increasing Short	22,920	5.0787  GBP
32 17/19p ordinary	SWAP	Increasing Short	22,598	5.0795  GBP
32 17/19p ordinary	SWAP	Increasing Short	24,149	5.0806  GBP
32 17/19p ordinary	SWAP	Increasing Short	851	5.0811  GBP
32 17/19p ordinary	SWAP	Increasing Short	76,925	5.0825  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,335	5.0832  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,175	5.0836  GBP
32 17/19p ordinary	SWAP	Increasing Short	8,003	5.0854  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,309	5.0892  GBP
32 17/19p ordinary	SWAP	Increasing Short	126,996	5.1006  GBP
32 17/19p ordinary	SWAP	Increasing Short	84,504	5.1011  GBP
32 17/19p ordinary	SWAP	Increasing Short	21,335	5.1040  GBP
32 17/19p ordinary	SWAP	Increasing Short	57,698	5.1042  GBP
32 17/19p ordinary	SWAP	Increasing Short	12,308	5.1050  GBP
32 17/19p ordinary	SWAP	Increasing Long	1,714	5.0772  GBP
32 17/19p ordinary	CFD	Increasing Long	89,929	5.0786  GBP
32 17/19p ordinary	CFD	Increasing Long	8,561	5.0818  GBP
32 17/19p ordinary	CFD	Increasing Long	565	5.0871  GBP
32 17/19p ordinary	CFD	Increasing Long	21,269	5.0879  GBP
32 17/19p ordinary	CFD	Decreasing Long	558	5.0843  GBP
32 17/19p ordinary	CFD	Decreasing Long	565	5.0864  GBP
32 17/19p ordinary	CFD	Decreasing Long	641,500	5.1000  GBP
32 17/19p ordinary	CFD	Decreasing Long	3,677	5.1043  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
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	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(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  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:
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 of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				YES
Date of disclosure:				14 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
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  are being disclosed:				Barclays PLC.
Name of offeror/offeree in relation to whose  relevant securities this from relates:				AVIVA PLC
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	Put Options	Purchased	-10,000	462.2400	American	19-Dec-25
32 17/19p ordinary	Call Options	Purchased	10,000	564.9600	American	19-Dec-25
32 17/19p ordinary	Call Options	Written	-241,324	4.4050	European	06-May-25
32 17/19p ordinary	Call Options	Written	-120,792	5.3305	European	06-May-25
32 17/19p ordinary	Call Options	Written	-104,578	5.3176	European	05-Jun-25
32 17/19p ordinary	Call Options	Written	-10,000	564.9600	American	19-Dec-25
32 17/19p ordinary	Put Options	Written	10,000	462.2400	American	19-Dec-25
3.    AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

END