|
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:
|
24
Apr 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:
|
11,386,165
|
0.43%
|
15,745,760
|
0.59%
|
|
(2)
Cash-settled derivatives:
|
14,990,764
|
0.56%
|
10,068,161
|
0.38%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
225,365
|
0.01%
|
|
TOTAL:
|
26,376,929
|
0.98%
|
26,039,286
|
0.97%
|
|
(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
|
378,398
|
5.4240 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
371,200
|
5.3914 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
281,909
|
5.4200 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
259,288
|
5.4175 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
222,668
|
5.3901 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
107,340
|
5.3908 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
94,979
|
5.3900 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
75,305
|
5.3947 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
66,815
|
5.3909 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
44,109
|
5.3983 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
40,513
|
5.3795 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
25,995
|
5.4072 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
22,644
|
5.4081 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
19,226
|
5.3998 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
12,382
|
5.4001 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
10,737
|
5.3999 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
9,701
|
5.4177 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,557
|
5.4173 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
8,311
|
5.4158 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,573
|
5.3821 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
6,470
|
5.4074 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
5,176
|
5.4091 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
4,776
|
5.3973 GBP
|
|
ADR
|
Purchase
|
4,392
|
14.4840 USD
|
|
32 17/19p
ordinary
|
Purchase
|
4,300
|
5.3800 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,975
|
5.3907 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,577
|
5.4252 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
3,504
|
5.4100 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,925
|
5.4280 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,863
|
5.4221 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,401
|
5.4318 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
2,137
|
5.4229 GBP
|
|
ADR
|
Purchase
|
1,930
|
14.4900 USD
|
|
32 17/19p
ordinary
|
Purchase
|
1,923
|
5.4017 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,839
|
5.3872 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,721
|
5.3925 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,261
|
5.4324 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1,085
|
5.4264 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
909
|
5.4320 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
777
|
5.3910 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
749
|
5.3949 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
573
|
5.4360 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
573
|
5.4358 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
555
|
5.4160 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
541
|
5.4250 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
530
|
5.3959 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
427
|
5.3700 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
380
|
5.3770 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
279
|
5.3903 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
112
|
5.3950 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
112
|
5.3948 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
40
|
5.4080 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
33
|
5.3974 GBP
|
|
32 17/19p
ordinary
|
Purchase
|
1
|
5.3760 GBP
|
|
32 17/19p
ordinary
|
Sale
|
580,632
|
5.3900 GBP
|
|
32 17/19p
ordinary
|
Sale
|
176,580
|
5.3988 GBP
|
|
32 17/19p
ordinary
|
Sale
|
164,097
|
5.4139 GBP
|
|
32 17/19p
ordinary
|
Sale
|
131,277
|
5.4165 GBP
|
|
32 17/19p
ordinary
|
Sale
|
124,284
|
5.4122 GBP
|
|
32 17/19p
ordinary
|
Sale
|
109,398
|
5.4184 GBP
|
|
32 17/19p
ordinary
|
Sale
|
90,127
|
5.4155 GBP
|
|
32 17/19p
ordinary
|
Sale
|
76,578
|
5.4181 GBP
|
|
32 17/19p
ordinary
|
Sale
|
75,543
|
5.4009 GBP
|
|
32 17/19p
ordinary
|
Sale
|
74,772
|
5.4138 GBP
|
|
32 17/19p
ordinary
|
Sale
|
73,109
|
5.4261 GBP
|
|
32 17/19p
ordinary
|
Sale
|
71,700
|
5.3942 GBP
|
|
32 17/19p
ordinary
|
Sale
|
71,650
|
5.4217 GBP
|
|
32 17/19p
ordinary
|
Sale
|
70,871
|
5.3982 GBP
|
|
32 17/19p
ordinary
|
Sale
|
59,406
|
5.4153 GBP
|
|
32 17/19p
ordinary
|
Sale
|
43,759
|
5.4154 GBP
|
|
32 17/19p
ordinary
|
Sale
|
33,316
|
5.4284 GBP
|
|
32 17/19p
ordinary
|
Sale
|
32,463
|
5.4033 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,516
|
5.3891 GBP
|
|
32 17/19p
ordinary
|
Sale
|
26,386
|
5.4027 GBP
|
|
32 17/19p
ordinary
|
Sale
|
23,497
|
5.4207 GBP
|
|
32 17/19p
ordinary
|
Sale
|
22,616
|
5.3884 GBP
|
|
32 17/19p
ordinary
|
Sale
|
18,026
|
5.3967 GBP
|
|
32 17/19p
ordinary
|
Sale
|
16,819
|
5.3897 GBP
|
|
32 17/19p
ordinary
|
Sale
|
15,608
|
5.3997 GBP
|
|
32 17/19p
ordinary
|
Sale
|
14,465
|
5.4090 GBP
|
|
32 17/19p
ordinary
|
Sale
|
13,887
|
5.4191 GBP
|
|
32 17/19p
ordinary
|
Sale
|
13,323
|
5.3991 GBP
|
|
32 17/19p
ordinary
|
Sale
|
11,099
|
5.3889 GBP
|
|
32 17/19p
ordinary
|
Sale
|
11,059
|
5.4079 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9,414
|
5.4249 GBP
|
|
32 17/19p
ordinary
|
Sale
|
8,292
|
5.4040 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,931
|
5.3810 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,610
|
5.4141 GBP
|
|
32 17/19p
ordinary
|
Sale
|
7,135
|
5.3932 GBP
|
|
32 17/19p
ordinary
|
Sale
|
6,765
|
5.4103 GBP
|
|
32 17/19p
ordinary
|
Sale
|
5,808
|
5.3873 GBP
|
|
32 17/19p
ordinary
|
Sale
|
4,450
|
5.4107 GBP
|
|
ADR
|
Sale
|
4,392
|
14.4840 USD
|
|
32 17/19p
ordinary
|
Sale
|
4,225
|
5.3867 GBP
|
|
32 17/19p
ordinary
|
Sale
|
3,861
|
5.4355 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,925
|
5.4280 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,464
|
5.4210 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,443
|
5.4133 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,396
|
5.4076 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,111
|
5.3930 GBP
|
|
32 17/19p
ordinary
|
Sale
|
2,073
|
5.4077 GBP
|
|
ADR
|
Sale
|
1,930
|
14.4900 USD
|
|
32 17/19p
ordinary
|
Sale
|
1,704
|
5.4160 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,694
|
5.4126 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,542
|
5.4124 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,538
|
5.3920 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,452
|
5.4313 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1,229
|
5.4236 GBP
|
|
32 17/19p
ordinary
|
Sale
|
989
|
5.4288 GBP
|
|
32 17/19p
ordinary
|
Sale
|
826
|
5.4060 GBP
|
|
32 17/19p
ordinary
|
Sale
|
796
|
5.4260 GBP
|
|
32 17/19p
ordinary
|
Sale
|
591
|
5.4120 GBP
|
|
32 17/19p
ordinary
|
Sale
|
573
|
5.4360 GBP
|
|
32 17/19p
ordinary
|
Sale
|
555
|
5.3790 GBP
|
|
32 17/19p
ordinary
|
Sale
|
545
|
5.3850 GBP
|
|
32 17/19p
ordinary
|
Sale
|
511
|
5.4140 GBP
|
|
32 17/19p
ordinary
|
Sale
|
429
|
5.3701 GBP
|
|
32 17/19p
ordinary
|
Sale
|
427
|
5.3700 GBP
|
|
32 17/19p
ordinary
|
Sale
|
112
|
5.3950 GBP
|
|
32 17/19p
ordinary
|
Sale
|
88
|
5.4340 GBP
|
|
32 17/19p
ordinary
|
Sale
|
9
|
5.3910 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1
|
5.3760 GBP
|
|
32 17/19p
ordinary
|
Sale
|
1
|
5.3800 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
|
124,284
|
5.4122 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
73,109
|
5.4261 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,831
|
5.3765 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,931
|
5.3810 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,808
|
5.3873 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,123
|
5.3875 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
26,592
|
5.3889 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
26,516
|
5.3891 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
16,819
|
5.3897 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
41,005
|
5.3900 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
56,939
|
5.3904 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,135
|
5.3932 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
71,700
|
5.3942 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
32,565
|
5.3964 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
15,608
|
5.3997 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
75,543
|
5.4009 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
400
|
5.4039 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
8,196
|
5.4040 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
2,073
|
5.4077 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
11,059
|
5.4079 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,005
|
5.4080 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
20,110
|
5.4092 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,542
|
5.4124 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
7,610
|
5.4141 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
90,127
|
5.4155 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
47,331
|
5.4204 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
23,497
|
5.4207 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
71,650
|
5.4217 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
9,414
|
5.4249 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,452
|
5.4313 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
16,209
|
5.3740 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
7,522
|
5.3819 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
6,573
|
5.3821 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
16,782
|
5.3837 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,839
|
5.3872 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
13,751
|
5.3887 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
28,503
|
5.3897 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
100,633
|
5.3900 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
89,808
|
5.3901 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
50,152
|
5.3902 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
279
|
5.3903 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
107,340
|
5.3908 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
777
|
5.3910 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
75,305
|
5.3947 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,560
|
5.3977 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
19,226
|
5.3998 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
12,382
|
5.4001 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
614
|
5.4011 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
1,681
|
5.4017 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
2,408
|
5.4121 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,352
|
5.4175 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
264,260
|
5.4200 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
378,398
|
5.4240 GBP
|
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Long
|
1,300
|
5.4180 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
1,092
|
5.4019 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,768
|
5.4076 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
5,686
|
5.4091 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
3,994
|
5.3775 GBP
|
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
2,768
|
5.3903 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:
|
25 Apr 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
|
Call
Options
|
Written
|
-120,780
|
5.3305
|
European
|
06-Jun-26
|
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,585
|
5.3176
|
European
|
05-Jun-26
|
|
|
|
|
|
|
|
|
|
|
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:
|
|
|
