Form 8.3 - AVIVA PLC

Barclays PLC

29 January 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:			28 Jan 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:				20,405,957	0.76%	20,117,220	0.75%
(2) Cash-settled derivatives:				2,992,911	0.11%	14,956,858	0.56%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				20,000	0.00%	486,678	0.02%
TOTAL:				23,418,868	0.87%	35,560,756	1.33%
(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	1,075,654	5.0680  GBP
32 17/19p ordinary	Purchase	243,138	5.0733  GBP
32 17/19p ordinary	Purchase	152,491	5.0720  GBP
32 17/19p ordinary	Purchase	130,803	5.0814  GBP
32 17/19p ordinary	Purchase	115,694	5.0669  GBP
32 17/19p ordinary	Purchase	85,935	5.0815  GBP
32 17/19p ordinary	Purchase	80,804	5.0689  GBP
32 17/19p ordinary	Purchase	75,959	5.0791  GBP
32 17/19p ordinary	Purchase	42,775	5.0736  GBP
32 17/19p ordinary	Purchase	42,700	5.0786  GBP
32 17/19p ordinary	Purchase	32,892	5.0789  GBP
32 17/19p ordinary	Purchase	31,573	5.0843  GBP
32 17/19p ordinary	Purchase	23,347	5.0796  GBP
32 17/19p ordinary	Purchase	23,000	5.0714  GBP
32 17/19p ordinary	Purchase	20,392	5.0758  GBP
32 17/19p ordinary	Purchase	18,633	5.0672  GBP
32 17/19p ordinary	Purchase	15,465	5.0839  GBP
32 17/19p ordinary	Purchase	14,657	5.0787  GBP
32 17/19p ordinary	Purchase	13,960	5.0802  GBP
32 17/19p ordinary	Purchase	13,309	5.0818  GBP
32 17/19p ordinary	Purchase	12,049	5.0799  GBP
32 17/19p ordinary	Purchase	11,967	5.0800  GBP
32 17/19p ordinary	Purchase	11,764	5.0721  GBP
32 17/19p ordinary	Purchase	10,326	5.0822  GBP
32 17/19p ordinary	Purchase	10,258	5.0753  GBP
32 17/19p ordinary	Purchase	9,836	5.0820  GBP
32 17/19p ordinary	Purchase	8,909	5.0826  GBP
32 17/19p ordinary	Purchase	8,801	5.0775  GBP
32 17/19p ordinary	Purchase	7,960	5.0894  GBP
32 17/19p ordinary	Purchase	7,677	5.0840  GBP
32 17/19p ordinary	Purchase	7,160	5.0739  GBP
32 17/19p ordinary	Purchase	6,995	5.0780  GBP
32 17/19p ordinary	Purchase	6,689	5.0788  GBP
32 17/19p ordinary	Purchase	5,951	5.0760  GBP
32 17/19p ordinary	Purchase	5,630	5.0838  GBP
32 17/19p ordinary	Purchase	5,148	5.0674  GBP
32 17/19p ordinary	Purchase	4,242	5.0807  GBP
32 17/19p ordinary	Purchase	3,901	5.0778  GBP
32 17/19p ordinary	Purchase	3,478	5.0747  GBP
32 17/19p ordinary	Purchase	1,780	5.0716  GBP
32 17/19p ordinary	Purchase	1,630	5.0794  GBP
32 17/19p ordinary	Purchase	1,582	5.0804  GBP
ADR	Purchase	1,492	12.8080  USD
32 17/19p ordinary	Purchase	1,440	5.0860  GBP
32 17/19p ordinary	Purchase	1,281	5.0761  GBP
32 17/19p ordinary	Purchase	1,111	5.0810  GBP
32 17/19p ordinary	Purchase	994	5.0729  GBP
32 17/19p ordinary	Purchase	723	5.0700  GBP
32 17/19p ordinary	Purchase	523	5.0920  GBP
32 17/19p ordinary	Purchase	519	5.0880  GBP
32 17/19p ordinary	Purchase	303	5.0765  GBP
32 17/19p ordinary	Purchase	208	5.0900  GBP
32 17/19p ordinary	Purchase	145	5.0740  GBP
ADR	Purchase	14	12.7700  USD
32 17/19p ordinary	Purchase	8	5.0767  GBP
32 17/19p ordinary	Sale	308,351	5.0683  GBP
32 17/19p ordinary	Sale	162,419	5.0809  GBP
32 17/19p ordinary	Sale	149,953	5.0680  GBP
32 17/19p ordinary	Sale	121,596	5.0800  GBP
32 17/19p ordinary	Sale	77,377	5.0688  GBP
32 17/19p ordinary	Sale	60,872	5.0760  GBP
32 17/19p ordinary	Sale	58,827	5.0820  GBP
32 17/19p ordinary	Sale	36,205	5.0742  GBP
32 17/19p ordinary	Sale	23,347	5.0679  GBP
32 17/19p ordinary	Sale	22,273	5.0783  GBP
32 17/19p ordinary	Sale	16,300	5.0776  GBP
32 17/19p ordinary	Sale	16,222	5.0798  GBP
32 17/19p ordinary	Sale	15,013	5.0788  GBP
32 17/19p ordinary	Sale	14,773	5.0805  GBP
32 17/19p ordinary	Sale	13,365	5.0711  GBP
32 17/19p ordinary	Sale	12,601	5.0669  GBP
32 17/19p ordinary	Sale	10,452	5.0784  GBP
32 17/19p ordinary	Sale	8,658	5.0826  GBP
32 17/19p ordinary	Sale	7,279	5.0704  GBP
32 17/19p ordinary	Sale	6,467	5.0780  GBP
32 17/19p ordinary	Sale	6,378	5.0729  GBP
32 17/19p ordinary	Sale	5,630	5.0843  GBP
32 17/19p ordinary	Sale	4,134	5.0734  GBP
32 17/19p ordinary	Sale	4,019	5.0840  GBP
32 17/19p ordinary	Sale	3,871	5.0749  GBP
32 17/19p ordinary	Sale	3,650	5.0690  GBP
32 17/19p ordinary	Sale	3,580	5.0762  GBP
32 17/19p ordinary	Sale	2,312	5.0675  GBP
32 17/19p ordinary	Sale	2,216	5.0720  GBP
32 17/19p ordinary	Sale	2,212	5.0745  GBP
32 17/19p ordinary	Sale	2,203	5.0759  GBP
32 17/19p ordinary	Sale	2,169	5.0900  GBP
32 17/19p ordinary	Sale	2,128	5.0740  GBP
32 17/19p ordinary	Sale	1,771	5.0754  GBP
32 17/19p ordinary	Sale	1,513	5.0693  GBP
32 17/19p ordinary	Sale	1,494	5.0807  GBP
ADR	Sale	1,492	12.8080  USD
32 17/19p ordinary	Sale	1,014	5.0771  GBP
32 17/19p ordinary	Sale	845	5.0860  GBP
32 17/19p ordinary	Sale	796	5.0700  GBP
32 17/19p ordinary	Sale	712	5.0781  GBP
32 17/19p ordinary	Sale	523	5.0920  GBP
32 17/19p ordinary	Sale	519	5.0880  GBP
32 17/19p ordinary	Sale	426	5.0743  GBP
32 17/19p ordinary	Sale	120	5.0725  GBP
32 17/19p ordinary	Sale	89	5.0925  GBP
32 17/19p ordinary	Sale	64	5.0799  GBP
32 17/19p ordinary	Sale	64	5.0804  GBP
32 17/19p ordinary	Sale	53	5.0773  GBP
ADR	Sale	14	12.7700  USD
32 17/19p ordinary	Sale	11	5.0801  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	Increasing Long	36,762	5.0756  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,539	5.0659  GBP
32 17/19p ordinary	SWAP	Decreasing Short	75,908	5.0669  GBP
32 17/19p ordinary	SWAP	Decreasing Short	23,234	5.0672  GBP
32 17/19p ordinary	SWAP	Decreasing Short	9,062	5.0673  GBP
32 17/19p ordinary	SWAP	Decreasing Short	23,347	5.0679  GBP
32 17/19p ordinary	SWAP	Decreasing Short	58,472	5.0680  GBP
32 17/19p ordinary	SWAP	Decreasing Short	7,279	5.0704  GBP
32 17/19p ordinary	SWAP	Decreasing Short	120	5.0725  GBP
32 17/19p ordinary	SWAP	Decreasing Short	6,378	5.0729  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,935	5.0740  GBP
32 17/19p ordinary	SWAP	Decreasing Short	2,212	5.0745  GBP
32 17/19p ordinary	SWAP	Decreasing Short	3,663	5.0749  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,771	5.0754  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,040	5.0756  GBP
32 17/19p ordinary	SWAP	Decreasing Short	647	5.0759  GBP
32 17/19p ordinary	SWAP	Decreasing Short	226	5.0760  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,014	5.0771  GBP
32 17/19p ordinary	SWAP	Decreasing Short	53	5.0773  GBP
32 17/19p ordinary	SWAP	Decreasing Short	22,993	5.0783  GBP
32 17/19p ordinary	SWAP	Decreasing Short	12,228	5.0787  GBP
32 17/19p ordinary	SWAP	Decreasing Short	1,496	5.0805  GBP
32 17/19p ordinary	SWAP	Decreasing Short	54	5.0820  GBP
32 17/19p ordinary	SWAP	Decreasing Short	89	5.0925  GBP
32 17/19p ordinary	SWAP	Increasing Short	3,896	5.0669  GBP
32 17/19p ordinary	SWAP	Increasing Short	167,502	5.0680  GBP
32 17/19p ordinary	SWAP	Increasing Short	141	5.0681  GBP
32 17/19p ordinary	SWAP	Increasing Short	13,093	5.0682  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,219	5.0690  GBP
32 17/19p ordinary	SWAP	Increasing Short	23,000	5.0714  GBP
32 17/19p ordinary	SWAP	Increasing Short	36,057	5.0715  GBP
32 17/19p ordinary	SWAP	Increasing Short	150,275	5.0720  GBP
32 17/19p ordinary	SWAP	Increasing Short	11,764	5.0721  GBP
32 17/19p ordinary	SWAP	Increasing Short	7,160	5.0739  GBP
32 17/19p ordinary	SWAP	Increasing Short	10,258	5.0753  GBP
32 17/19p ordinary	SWAP	Increasing Short	8,801	5.0775  GBP
32 17/19p ordinary	SWAP	Increasing Short	466	5.0778  GBP
32 17/19p ordinary	SWAP	Increasing Short	42,700	5.0786  GBP
32 17/19p ordinary	SWAP	Increasing Short	50,938	5.0788  GBP
32 17/19p ordinary	SWAP	Increasing Short	30,275	5.0791  GBP
32 17/19p ordinary	SWAP	Increasing Short	5,184	5.0792  GBP
32 17/19p ordinary	SWAP	Increasing Short	1,361	5.0794  GBP
32 17/19p ordinary	SWAP	Increasing Short	12,049	5.0799  GBP
32 17/19p ordinary	SWAP	Increasing Short	178	5.0800  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,534	5.0804  GBP
32 17/19p ordinary	SWAP	Increasing Short	9,241	5.0808  GBP
32 17/19p ordinary	SWAP	Increasing Short	37,973	5.0810  GBP
32 17/19p ordinary	SWAP	Increasing Short	130,803	5.0815  GBP
32 17/19p ordinary	SWAP	Increasing Short	745	5.0820  GBP
32 17/19p ordinary	SWAP	Increasing Short	8,909	5.0826  GBP
32 17/19p ordinary	SWAP	Increasing Short	10,440	5.0829  GBP
32 17/19p ordinary	SWAP	Increasing Short	4,068	5.0840  GBP
32 17/19p ordinary	SWAP	Increasing Short	31,573	5.0843  GBP
32 17/19p ordinary	SWAP	Increasing Short	7,960	5.0894  GBP
32 17/19p ordinary	SWAP	Increasing Long	835	5.0823  GBP
32 17/19p ordinary	CFD	Increasing Long	4,620	5.0676  GBP
32 17/19p ordinary	CFD	Increasing Long	10,625	5.0720  GBP
32 17/19p ordinary	CFD	Increasing Long	2,797	5.0749  GBP
32 17/19p ordinary	CFD	Decreasing Long	4,620	5.0683  GBP
32 17/19p ordinary	CFD	Decreasing Long	6,454	5.0739  GBP
32 17/19p ordinary	CFD	Decreasing Long	1,492	5.0807  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:				29 Jan 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	456.4800	American	19-Dec-25
32 17/19p ordinary	Call Options	Purchased	10,000	557.9200	American	19-Dec-25
32 17/19p ordinary	Call Options	Written	-241,314	4.4050	European	06-May-25
32 17/19p ordinary	Call Options	Written	-120,788	5.3305	European	06-Jun-25
32 17/19p ordinary	Call Options	Written	-104,576	5.3176	European	05-Jun-25
32 17/19p ordinary	Call Options	Written	-10,000	557.9200	American	19-Dec-25
32 17/19p ordinary	Put Options	Written	10,000	456.4800	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