Form 8.3 AVIVA PLC

Barclays PLC

18 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:			17 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:				30,946,539	1.15%	27,454,354	1.03%
(2) Cash-settled derivatives:				10,097,050	0.38%	23,681,678	0.88%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				20,000	0.00%	486,678	0.02%
TOTAL:				41,063,589	1.53%	51,622,710	1.93%
(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 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	240,634	5.1092  GBP
32 17/19p ordinary	Purchase	197,749	5.1080  GBP
32 17/19p ordinary	Purchase	107,954	5.1151  GBP
32 17/19p ordinary	Purchase	63,736	5.1107  GBP
32 17/19p ordinary	Purchase	52,148	5.1094  GBP
32 17/19p ordinary	Purchase	45,684	5.1086  GBP
32 17/19p ordinary	Purchase	33,800	5.1110  GBP
32 17/19p ordinary	Purchase	28,930	5.0922  GBP
32 17/19p ordinary	Purchase	22,911	5.1074  GBP
32 17/19p ordinary	Purchase	8,854	5.1172  GBP
32 17/19p ordinary	Purchase	8,822	5.1109  GBP
32 17/19p ordinary	Purchase	7,776	5.1108  GBP
32 17/19p ordinary	Purchase	6,859	5.1140  GBP
32 17/19p ordinary	Purchase	6,155	5.0890  GBP
32 17/19p ordinary	Purchase	5,485	5.1045  GBP
32 17/19p ordinary	Purchase	5,354	5.0960  GBP
32 17/19p ordinary	Purchase	3,556	5.1082  GBP
32 17/19p ordinary	Purchase	3,326	5.1065  GBP
32 17/19p ordinary	Purchase	2,983	5.0934  GBP
32 17/19p ordinary	Purchase	2,976	5.1180  GBP
32 17/19p ordinary	Purchase	2,790	5.1160  GBP
32 17/19p ordinary	Purchase	2,339	5.0982  GBP
32 17/19p ordinary	Purchase	2,009	5.1066  GBP
32 17/19p ordinary	Purchase	1,988	5.1165  GBP
32 17/19p ordinary	Purchase	1,827	5.0962  GBP
32 17/19p ordinary	Purchase	1,777	5.0880  GBP
32 17/19p ordinary	Purchase	1,733	5.1178  GBP
32 17/19p ordinary	Purchase	1,631	5.1120  GBP
32 17/19p ordinary	Purchase	1,456	5.1060  GBP
32 17/19p ordinary	Purchase	969	5.1260  GBP
32 17/19p ordinary	Purchase	888	5.1083  GBP
32 17/19p ordinary	Purchase	854	5.1100  GBP
32 17/19p ordinary	Purchase	837	5.1116  GBP
32 17/19p ordinary	Purchase	723	5.0900  GBP
32 17/19p ordinary	Purchase	674	5.1200  GBP
32 17/19p ordinary	Purchase	618	5.0920  GBP
32 17/19p ordinary	Purchase	604	5.1240  GBP
32 17/19p ordinary	Purchase	594	5.1156  GBP
32 17/19p ordinary	Purchase	583	5.1000  GBP
32 17/19p ordinary	Purchase	534	5.1121  GBP
32 17/19p ordinary	Purchase	578	5.1000  GBP
32 17/19p ordinary	Purchase	504	5.0900  GBP
32 17/19p ordinary	Purchase	470	5.1080  GBP
32 17/19p ordinary	Purchase	354	5.1040  GBP
32 17/19p ordinary	Purchase	351	5.0920  GBP
32 17/19p ordinary	Purchase	200	5.0980  GBP
32 17/19p ordinary	Purchase	12	5.0800  GBP
32 17/19p ordinary	Sale	148,216	5.1063  GBP
32 17/19p ordinary	Sale	146,706	5.1082  GBP
32 17/19p ordinary	Sale	104,258	5.1144  GBP
32 17/19p ordinary	Sale	89,517	5.1162  GBP
32 17/19p ordinary	Sale	57,230	5.1079  GBP
32 17/19p ordinary	Sale	52,434	5.1139  GBP
32 17/19p ordinary	Sale	30,848	5.1080  GBP
32 17/19p ordinary	Sale	30,703	5.1155  GBP
32 17/19p ordinary	Sale	29,159	5.1122  GBP
32 17/19p ordinary	Sale	20,784	5.1130  GBP
32 17/19p ordinary	Sale	18,938	5.1093  GBP
32 17/19p ordinary	Sale	18,164	5.1090  GBP
32 17/19p ordinary	Sale	16,752	5.1137  GBP
32 17/19p ordinary	Sale	13,317	5.1198  GBP
32 17/19p ordinary	Sale	12,089	5.1167  GBP
32 17/19p ordinary	Sale	10,465	5.1069  GBP
32 17/19p ordinary	Sale	9,380	5.0997  GBP
32 17/19p ordinary	Sale	8,525	5.0980  GBP
32 17/19p ordinary	Sale	6,739	5.1076  GBP
32 17/19p ordinary	Sale	5,839	5.1112  GBP
32 17/19p ordinary	Sale	5,256	5.1061  GBP
32 17/19p ordinary	Sale	4,452	5.1114  GBP
32 17/19p ordinary	Sale	4,428	5.1098  GBP
32 17/19p ordinary	Sale	2,978	5.1096  GBP
32 17/19p ordinary	Sale	2,935	5.1072  GBP
32 17/19p ordinary	Sale	2,790	5.1160  GBP
32 17/19p ordinary	Sale	2,604	5.1132  GBP
32 17/19p ordinary	Sale	2,027	5.1060  GBP
32 17/19p ordinary	Sale	1,743	5.1164  GBP
32 17/19p ordinary	Sale	1,631	5.1120  GBP
32 17/19p ordinary	Sale	1,445	5.1181  GBP
32 17/19p ordinary	Sale	1,217	5.1088  GBP
32 17/19p ordinary	Sale	1,065	5.1108  GBP
32 17/19p ordinary	Sale	969	5.1260  GBP
32 17/19p ordinary	Sale	861	5.1140  GBP
32 17/19p ordinary	Sale	854	5.1100  GBP
32 17/19p ordinary	Sale	674	5.1200  GBP
32 17/19p ordinary	Sale	604	5.1240  GBP
32 17/19p ordinary	Sale	597	5.1170  GBP
32 17/19p ordinary	Sale	512	5.1080  GBP
32 17/19p ordinary	Sale	354	5.1040  GBP
32 17/19p ordinary	Sale	335	5.1080  GBP
32 17/19p ordinary	Sale	351	5.0920  GBP
32 17/19p ordinary	Sale	151	5.0994  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	15	5.0800  GBP
32 17/19p ordinary	SWAP	Decreasing Short	151	5.0994  GBP
32 17/19p ordinary	SWAP	Decreasing Short	5,256	5.1061  GBP
32 17/19p ordinary	SWAP	Decreasing Short	10,465	5.1069  GBP
32 17/19p ordinary	SWAP	Decreasing Short	5,984	5.1070  GBP
32 17/19p ordinary	SWAP	Decreasing Short	2,935	5.1072  GBP
32 17/19p ordinary	SWAP	Decreasing Short	76,184	5.1077  GBP
32 17/19p ordinary	SWAP	Decreasing Short	57,230	5.1079  GBP
32 17/19p ordinary	SWAP	Decreasing Short	124,871	5.1080  GBP
32 17/19p ordinary	SWAP	Decreasing Short	10,747	5.1081  GBP
32 17/19p ordinary	SWAP	Decreasing Short	18,164	5.1090  GBP
32 17/19p ordinary	SWAP	Decreasing Short	2,792	5.1096  GBP
32 17/19p ordinary	SWAP	Decreasing Short	9,322	5.1104  GBP
32 17/19p ordinary	SWAP	Decreasing Short	4,452	5.1114  GBP
32 17/19p ordinary	SWAP	Decreasing Short	113,587	5.1139  GBP
32 17/19p ordinary	SWAP	Decreasing Short	33,738	5.1150  GBP
32 17/19p ordinary	SWAP	Decreasing Short	27,288	5.1155  GBP
32 17/19p ordinary	SWAP	Decreasing Short	27,172	5.1157  GBP
32 17/19p ordinary	SWAP	Decreasing Short	89,517	5.1162  GBP
32 17/19p ordinary	SWAP	Decreasing Short	13,849	5.1168  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,777	5.0880  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,485	5.1045  GBP
32 17/19p ordinary	SWAP	Increasing Short	2,009	5.1066  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,251	5.1067  GBP
32 17/19p ordinary	SWAP	Increasing Short	52,877	5.1077  GBP
32 17/19p ordinary	SWAP	Increasing Short	255,886	5.1080  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,556	5.1082  GBP
32 17/19p ordinary	SWAP	Increasing Short	888	5.1083  GBP
32 17/19p ordinary	SWAP	Increasing Short	45,684	5.1086  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,402	5.1095  GBP
32 17/19p ordinary	SWAP	Increasing Short	7,776	5.1108  GBP
32 17/19p ordinary	SWAP	Increasing Short	8,822	5.1109  GBP
32 17/19p ordinary	SWAP	Increasing Short	33,800	5.1110  GBP
32 17/19p ordinary	SWAP	Increasing Short	534	5.1121  GBP
32 17/19p ordinary	SWAP	Increasing Short	46,168	5.1122  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,567	5.1126  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,532	5.1140  GBP
32 17/19p ordinary	SWAP	Increasing Short	107,954	5.1151  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,162	5.1164  GBP
32 17/19p ordinary	SWAP	Increasing Long	678	5.1154  GBP
32 17/19p ordinary	CFD	Increasing Long	9,589	5.1058  GBP
32 17/19p ordinary	CFD	Increasing Long	27,734	5.1100  GBP
32 17/19p ordinary	CFD	Increasing Long	30,367	5.1166  GBP
32 17/19p ordinary	CFD	Increasing Long	1,445	5.1181  GBP
32 17/19p ordinary	CFD	Decreasing Long	1,160	5.0803  GBP
32 17/19p ordinary	CFD	Decreasing Long	295	5.1023  GBP
32 17/19p ordinary	CFD	Decreasing Long	52,148	5.1094  GBP
32 17/19p ordinary	CFD	Decreasing Long	53,053	5.1114  GBP
32 17/19p ordinary	CFD	Decreasing Long	11,290	5.1179  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:				18 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 2025
32 17/19p ordinary	Call Options	Purchased	10,000	564.9600	American	19 Dec 2025
32 17/19p ordinary	Call Options	Written	-241,312	4.4050	European	06 May 2025
32 17/19p ordinary	Call Options	Written	-120,792	5.3305	European	06 Jun 2025
32 17/19p ordinary	Call Options	Written	-104,574	5.3176	European	05 Jun 2025
32 17/19p ordinary	Call Options	Written	-10,000	564.9600	American	19 Dec 2025
32 17/19p ordinary	Put Options	Written	10,000	462.2400	American	19 Dec 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