Form 8.3 AVIVA PLC

Barclays PLC

24 March 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				AVIVA PLC
	relevant securities this form relates:
(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:				21 Mar 2025
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			14,590,323	0.54%	15,588,019	0.58%
(2)	Cash-settled derivatives:
	and/or controlled:			14,583,311	0.54%	9,030,541	0.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	225,364	0.01%
	TOTAL:			29,173,634	1.09%	24,843,924	0.93%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
32 17/19p ordinary		Purchase		1,014,690		5.5386  GBP
32 17/19p ordinary		Purchase		695,812		5.5500  GBP
32 17/19p ordinary		Purchase		225,303		5.5496  GBP
32 17/19p ordinary		Purchase		215,429		5.5497  GBP
32 17/19p ordinary		Purchase		173,051		5.5343  GBP
32 17/19p ordinary		Purchase		113,153		5.5241  GBP
32 17/19p ordinary		Purchase		111,462		5.5261  GBP
32 17/19p ordinary		Purchase		47,970		5.5292  GBP
32 17/19p ordinary		Purchase		38,987		5.5339  GBP
32 17/19p ordinary		Purchase		35,837		5.5157  GBP
32 17/19p ordinary		Purchase		25,148		5.5441  GBP
32 17/19p ordinary		Purchase		20,673		5.5427  GBP
32 17/19p ordinary		Purchase		18,212		5.5379  GBP
32 17/19p ordinary		Purchase		14,539		5.5417  GBP
32 17/19p ordinary		Purchase		12,976		5.5033  GBP
32 17/19p ordinary		Purchase		7,994		5.5344  GBP
32 17/19p ordinary		Purchase		5,572		5.5414  GBP
32 17/19p ordinary		Purchase		5,409		5.5361  GBP
32 17/19p ordinary		Purchase		3,925		5.5036  GBP
32 17/19p ordinary		Purchase		3,817		5.5260  GBP
32 17/19p ordinary		Purchase		3,751		5.5421  GBP
32 17/19p ordinary		Purchase		3,309		5.5520  GBP
32 17/19p ordinary		Purchase		3,227		5.5514  GBP
32 17/19p ordinary		Purchase		2,373		5.5374  GBP
32 17/19p ordinary		Purchase		1,666		5.5000  GBP
32 17/19p ordinary		Purchase		1,630		5.5186  GBP
32 17/19p ordinary		Purchase		1,557		5.5494  GBP
32 17/19p ordinary		Purchase		1,204		5.5527  GBP
32 17/19p ordinary		Purchase		869		5.5360  GBP
32 17/19p ordinary		Purchase		632		5.5300  GBP
32 17/19p ordinary		Purchase		599		5.5420  GBP
32 17/19p ordinary		Purchase		594		5.5460  GBP
32 17/19p ordinary		Purchase		427		5.5388  GBP
32 17/19p ordinary		Purchase		222		5.5510  GBP
32 17/19p ordinary		Purchase		221		5.5540  GBP
32 17/19p ordinary		Purchase		208		5.5534  GBP
32 17/19p ordinary		Purchase		130		5.5630  GBP
32 17/19p ordinary		Purchase		28		5.5530  GBP
32 17/19p ordinary		Sale		525,229		5.5500  GBP
32 17/19p ordinary		Sale		504,913		5.5483  GBP
32 17/19p ordinary		Sale		228,454		5.5025  GBP
32 17/19p ordinary		Sale		121,262		5.5491  GBP
32 17/19p ordinary		Sale		112,705		5.5318  GBP
32 17/19p ordinary		Sale		100,385		5.5505  GBP
32 17/19p ordinary		Sale		92,588		5.5498  GBP
32 17/19p ordinary		Sale		89,789		5.5451  GBP
32 17/19p ordinary		Sale		88,893		5.5481  GBP
32 17/19p ordinary		Sale		55,364		5.5358  GBP
32 17/19p ordinary		Sale		48,044		5.5331  GBP
32 17/19p ordinary		Sale		43,364		5.5547  GBP
32 17/19p ordinary		Sale		31,214		5.5394  GBP
32 17/19p ordinary		Sale		27,854		5.5423  GBP
32 17/19p ordinary		Sale		27,117		5.5220  GBP
32 17/19p ordinary		Sale		10,981		5.5488  GBP
32 17/19p ordinary		Sale		10,854		5.5371  GBP
32 17/19p ordinary		Sale		10,086		5.5422  GBP
32 17/19p ordinary		Sale		10,000		5.5410  GBP
32 17/19p ordinary		Sale		6,428		5.5520  GBP
32 17/19p ordinary		Sale		5,099		5.5135  GBP
32 17/19p ordinary		Sale		4,997		5.5263  GBP
32 17/19p ordinary		Sale		4,889		5.5291  GBP
32 17/19p ordinary		Sale		4,285		5.5362  GBP
32 17/19p ordinary		Sale		4,153		5.5479  GBP
32 17/19p ordinary		Sale		3,771		5.5180  GBP
32 17/19p ordinary		Sale		3,378		5.5379  GBP
32 17/19p ordinary		Sale		3,000		5.5417  GBP
32 17/19p ordinary		Sale		2,590		5.5290  GBP
32 17/19p ordinary		Sale		1,707		5.5497  GBP
32 17/19p ordinary		Sale		1,597		5.5296  GBP
32 17/19p ordinary		Sale		1,488		5.5279  GBP
32 17/19p ordinary		Sale		1,483		5.5084  GBP
32 17/19p ordinary		Sale		1,194		5.5221  GBP
32 17/19p ordinary		Sale		1,158		5.5360  GBP
32 17/19p ordinary		Sale		1,043		5.5202  GBP
32 17/19p ordinary		Sale		866		5.5398  GBP
32 17/19p ordinary		Sale		561		5.5142  GBP
32 17/19p ordinary		Sale		512		5.5340  GBP
32 17/19p ordinary		Sale		367		5.5339  GBP
32 17/19p ordinary		Sale		356		5.5130  GBP
32 17/19p ordinary		Sale		222		5.5510  GBP
32 17/19p ordinary		Sale		221		5.5540  GBP
32 17/19p ordinary		Sale		173		5.5496  GBP
32 17/19p ordinary		Sale		164		5.5140  GBP
32 17/19p ordinary		Sale		152		5.5448  GBP
32 17/19p ordinary		Sale		146		5.5079  GBP
32 17/19p ordinary		Sale		119		5.5517  GBP
32 17/19p ordinary		Sale		113		5.5552  GBP
32 17/19p ordinary		Sale		87		5.5515  GBP
32 17/19p ordinary		Sale		28		5.5530  GBP
32 17/19p ordinary		Sale		23		5.5384  GBP
32 17/19p ordinary		Sale		19		5.5511  GBP
32 17/19p ordinary		Sale		10		5.5630  GBP
32 17/19p ordinary		Sale		7		5.5528  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
32 17/19p ordinary		SWAP		Increasing Long		112,705	5.5318  GBP
32 17/19p ordinary		SWAP		Increasing Long		55,364	5.5358  GBP
32 17/19p ordinary		SWAP		Decreasing Short		146	5.5079  GBP
32 17/19p ordinary		SWAP		Decreasing Short		1,483	5.5084  GBP
32 17/19p ordinary		SWAP		Decreasing Short		164	5.5139  GBP
32 17/19p ordinary		SWAP		Decreasing Short		950	5.5200  GBP
32 17/19p ordinary		SWAP		Decreasing Short		206	5.5265  GBP
32 17/19p ordinary		SWAP		Decreasing Short		1,411	5.5282  GBP
32 17/19p ordinary		SWAP		Decreasing Short		4,889	5.5291  GBP
32 17/19p ordinary		SWAP		Decreasing Short		502	5.5297  GBP
32 17/19p ordinary		SWAP		Opening Long		48,044	5.5331  GBP
32 17/19p ordinary		SWAP		Increasing Long		6,294	5.5365  GBP
32 17/19p ordinary		SWAP		Increasing Long		3,082	5.5371  GBP
32 17/19p ordinary		SWAP		Increasing Long		56,633	5.5374  GBP
32 17/19p ordinary		SWAP		Increasing Long		3,378	5.5379  GBP
32 17/19p ordinary		SWAP		Increasing Long		23	5.5384  GBP
32 17/19p ordinary		SWAP		Increasing Long		78	5.5387  GBP
32 17/19p ordinary		SWAP		Increasing Long		31,214	5.5394  GBP
32 17/19p ordinary		SWAP		Increasing Long		1,478	5.5399  GBP
32 17/19p ordinary		SWAP		Increasing Long		1,794	5.5400  GBP
32 17/19p ordinary		SWAP		Increasing Long		10,000	5.5410  GBP
32 17/19p ordinary		SWAP		Increasing Long		538	5.5420  GBP
32 17/19p ordinary		SWAP		Increasing Long		12,201	5.5426  GBP
32 17/19p ordinary		SWAP		Increasing Long		89,789	5.5451  GBP
32 17/19p ordinary		SWAP		Increasing Long		4,153	5.5480  GBP
32 17/19p ordinary		SWAP		Increasing Long		10,503	5.5483  GBP
32 17/19p ordinary		SWAP		Increasing Long		10,981	5.5488  GBP
32 17/19p ordinary		SWAP		Increasing Long		121,262	5.5491  GBP
32 17/19p ordinary		SWAP		Increasing Long		46,729	5.5496  GBP
32 17/19p ordinary		SWAP		Increasing Long		1,707	5.5497  GBP
32 17/19p ordinary		SWAP		Increasing Long		428,357	5.5500  GBP
32 17/19p ordinary		SWAP		Increasing Long		43,364	5.5547  GBP
32 17/19p ordinary		SWAP		Decreasing Long		612	5.4993  GBP
32 17/19p ordinary		SWAP		Decreasing Long		8,527	5.5014  GBP
32 17/19p ordinary		SWAP		Decreasing Long		3,925	5.5035  GBP
32 17/19p ordinary		SWAP		Decreasing Long		3,837	5.5080  GBP
32 17/19p ordinary		SWAP		Decreasing Long		35,837	5.5157  GBP
32 17/19p ordinary		SWAP		Decreasing Long		113,153	5.5241  GBP
32 17/19p ordinary		SWAP		Decreasing Long		111,462	5.5261  GBP
32 17/19p ordinary		SWAP		Decreasing Long		507,681	5.5284  GBP
32 17/19p ordinary		SWAP		Decreasing Long		42,683	5.5333  GBP
32 17/19p ordinary		SWAP		Opening Short		153,415	5.5352  GBP
32 17/19p ordinary		SWAP		Increasing Short		403	5.5423  GBP
32 17/19p ordinary		SWAP		Increasing Short		250,659	5.5484  GBP
32 17/19p ordinary		SWAP		Increasing Short		346,414	5.5500  GBP
32 17/19p ordinary		SWAP		Increasing Short		204,538	5.5502  GBP
32 17/19p ordinary		SWAP		Increasing Long		3,087	5.5368  GBP
32 17/19p ordinary		SWAP		Increasing Long		195	5.5500  GBP
32 17/19p ordinary		CFD		Increasing Long		27,117	5.5219  GBP
32 17/19p ordinary		CFD		Increasing Long		1,693	5.5425  GBP
32 17/19p ordinary		CFD		Increasing Long		155,070	5.5495  GBP
32 17/19p ordinary		CFD		Increasing Long		4,054	5.5496  GBP
32 17/19p ordinary		CFD		Decreasing Long		33,192	5.5345  GBP
32 17/19p ordinary		CFD		Decreasing Long		54,690	5.5385  GBP
32 17/19p ordinary		CFD		Decreasing Long		4,054	5.5523  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
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				24 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
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:
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	-120,790	5.3305	European	06 Jun 2025
32 17/19p ordinary	Call Options	Written	-104,574	5.3176	European	05 Jun 2025
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