Form 8.3 - Aviva plc

Societe Generale SA

23 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:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	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:      For an opening position disclosure, state the latest practicable date prior to the disclosure	22/01/2025
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: Direct Line Insurance Group plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	9,475,195	0.35	14,685,299	0.55
(2)  Cash-settled derivatives:	15,801,425	0.59	2,120,179	0.08
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	25,276,620	0.94	16,805,478	0.63

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
32 17/19p ordinary	Purchase	22	5.132
32 17/19p ordinary	Purchase	515	5.132
32 17/19p ordinary	Purchase	18	5.132
32 17/19p ordinary	Purchase	575	5.106
32 17/19p ordinary	Purchase	403	5.044
32 17/19p ordinary	Purchase	520	5.12
32 17/19p ordinary	Purchase	1,124	5.044
32 17/19p ordinary	Purchase	150	5.122
32 17/19p ordinary	Purchase	803	5.076
32 17/19p ordinary	Purchase	251	5.122
32 17/19p ordinary	Purchase	783	5.1
32 17/19p ordinary	Purchase	742	4.994
32 17/19p ordinary	Purchase	465	5.116
32 17/19p ordinary	Purchase	538	5.124
32 17/19p ordinary	Purchase	165	5.102
32 17/19p ordinary	Purchase	787	5.108
32 17/19p ordinary	Purchase	656	5.076
32 17/19p ordinary	Purchase	384	5.102
32 17/19p ordinary	Purchase	584	4.97
32 17/19p ordinary	Purchase	1,095	4.97
32 17/19p ordinary	Purchase	511	4.97
32 17/19p ordinary	Purchase	1,095	4.976
32 17/19p ordinary	Purchase	109,391	5.134
32 17/19p ordinary	Purchase	164,086	5.126836
32 17/19p ordinary	Purchase	984	5.1
32 17/19p ordinary	Purchase	5,644	5.11
32 17/19p ordinary	Purchase	204	4.997
32 17/19p ordinary	Purchase	262	4.996
32 17/19p ordinary	Purchase	223	4.997
32 17/19p ordinary	Purchase	451	4.997
32 17/19p ordinary	Purchase	1,068	5.108
32 17/19p ordinary	Purchase	163	5.12
32 17/19p ordinary	Purchase	465	5.112
32 17/19p ordinary	Purchase	38,262	5.112
32 17/19p ordinary	Purchase	156	5.104
32 17/19p ordinary	Purchase	2,000	5.116
32 17/19p ordinary	Purchase	76,500	5.113022
32 17/19p ordinary	Purchase	7,211	5.1106379
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
32 17/19p ordinary	Purchase	1,472	6.0466
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
32 17/19p ordinary	Sale	516	5.122
32 17/19p ordinary	Sale	64	5.122
32 17/19p ordinary	Sale	1,684	5.122
32 17/19p ordinary	Sale	63	5.106
32 17/19p ordinary	Sale	250	5.13
32 17/19p ordinary	Sale	1,541	5.13
32 17/19p ordinary	Sale	100	5.13
32 17/19p ordinary	Sale	1,102	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	5,067	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	148	5.112
32 17/19p ordinary	Sale	1,102	5.112
32 17/19p ordinary	Sale	9,554	5.112
32 17/19p ordinary	Sale	3,597	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	1,039	5.112
32 17/19p ordinary	Sale	1,102	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	5,124	5.112
32 17/19p ordinary	Sale	42,550	5.112
32 17/19p ordinary	Sale	3,159	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	30	5.112
32 17/19p ordinary	Sale	3,127	5.112
32 17/19p ordinary	Sale	7,961	5.112
32 17/19p ordinary	Sale	4,028	5.112
32 17/19p ordinary	Sale	14,331	5.112
32 17/19p ordinary	Sale	6,756	5.112
32 17/19p ordinary	Sale	145	5.112
32 17/19p ordinary	Sale	2,557	4.97
32 17/19p ordinary	Sale	2,557	4.977
32 17/19p ordinary	Sale	57	5.13
32 17/19p ordinary	Sale	576	5.13
32 17/19p ordinary	Sale	160	5.13
32 17/19p ordinary	Sale	919	5.12
32 17/19p ordinary	Sale	1,213	5.11
32 17/19p ordinary	Sale	1,262	5.122
32 17/19p ordinary	Sale	6,482	5.136
32 17/19p ordinary	Sale	2,486	5.102
32 17/19p ordinary	Sale	1,325	5.108
32 17/19p ordinary	Sale	1,600	5.122
32 17/19p ordinary	Sale	873	5.122
32 17/19p ordinary	Sale	1,026	5.1
32 17/19p ordinary	Sale	1,040	5.136
32 17/19p ordinary	Sale	1,428	5.136
32 17/19p ordinary	Sale	1,862	5.107
32 17/19p ordinary	Sale	429	5.101
32 17/19p ordinary	Sale	840	5.107
32 17/19p ordinary	Sale	226	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	351	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	1,582	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	377	5.126
32 17/19p ordinary	Sale	876	5.124
32 17/19p ordinary	Sale	1,400	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	3,200	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	1,600	5.124
32 17/19p ordinary	Sale	7,383	5.124
32 17/19p ordinary	Sale	8,000	5.124
32 17/19p ordinary	Sale	1,491	5.126
32 17/19p ordinary	Sale	1,925	5.124
32 17/19p ordinary	Sale	1	5.124
32 17/19p ordinary	Sale	231	5.124
32 17/19p ordinary	Sale	3,577	5.124
32 17/19p ordinary	Sale	4,800	5.124
32 17/19p ordinary	Sale	1,400	5.124
32 17/19p ordinary	Sale	380	5.124
32 17/19p ordinary	Sale	38,262	5.112
32 17/19p ordinary	Sale	118	5.11
32 17/19p ordinary	Sale	211	5.108
32 17/19p ordinary	Sale	150	5.096
32 17/19p ordinary	Sale	68	5.1
32 17/19p ordinary	Sale	171	5.11
32 17/19p ordinary	Sale	91	5.111
32 17/19p ordinary	Sale	51	5.11
32 17/19p ordinary	Sale	8	5.111
32 17/19p ordinary	Sale	1,472	5.1129
32 17/19p ordinary	Sale	119	5.106
32 17/19p ordinary	Sale	88	5.106
32 17/19p ordinary	Sale	45	5.11
32 17/19p ordinary	Sale	181	5.104
32 17/19p ordinary	Sale	156	5.104
32 17/19p ordinary	Sale	44	5.104
32 17/19p ordinary	Sale	2,324	5.055998
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
32 17/19p ordinary	Sale	1,500	6

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
32 17/19p ordinary	CFD	Increasing a short position	76,500	5.11302
32 17/19p ordinary	CFD	Increasing a short position	7,211	5.11064
32 17/19p ordinary	CFD	Reducing a long position	465	5.112
32 17/19p ordinary	CFD	Reducing a short position	2,324	5.056
32 17/19p ordinary	CFD	Reducing a short position	88	5.106
32 17/19p ordinary	CFD	Reducing a short position	171	5.11
32 17/19p ordinary	CFD	Reducing a short position	211	5.108
32 17/19p ordinary	CFD	Reducing a short position	118	5.11
32 17/19p ordinary	CFD	Reducing a short position	91	5.111
32 17/19p ordinary	CFD	Reducing a short position	51	5.11
32 17/19p ordinary	CFD	Reducing a short position	68	5.1
32 17/19p ordinary	CFD	Reducing a short position	8	5.111
32 17/19p ordinary	CFD	Reducing a short position	150	5.096
32 17/19p ordinary	CFD	Reducing a short position	181	5.104
32 17/19p ordinary	CFD	Reducing a short position	45	5.11
32 17/19p ordinary	CFD	Reducing a short position	44	5.104
32 17/19p ordinary	CFD	Reducing a short position	156	5.104
32 17/19p ordinary	CFD	Reducing a short position	119	5.106
32 17/19p ordinary	OTC call option	Increasing a long position	380,326	0.0741

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	23/01/2025
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END