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Barclays PLC

Barclays PLC - Form 8.3 AVIVA PLC

RNS Number : 2505J
Barclays PLC
19 May 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:

16 May 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:



8,146,896

0.30%

15,076,315

0.56%

(2)

Cash-settled derivatives:






and/or controlled:



14,371,933

0.54%

7,359,099

0.27%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

225,363

0.01%










TOTAL:



22,518,829

0.84%

22,660,777

0.85%

(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

382,893

5.8750  GBP

32 17/19p ordinary

Purchase

241,789

5.8660  GBP

32 17/19p ordinary

Purchase

186,357

5.8887  GBP

32 17/19p ordinary

Purchase

121,742

5.8900  GBP

32 17/19p ordinary

Purchase

84,032

5.8889  GBP

32 17/19p ordinary

Purchase

64,638

5.8730  GBP

32 17/19p ordinary

Purchase

62,364

5.8732  GBP

32 17/19p ordinary

Purchase

48,042

5.8678  GBP

32 17/19p ordinary

Purchase

47,115

5.8685  GBP

32 17/19p ordinary

Purchase

43,881

5.8655  GBP

32 17/19p ordinary

Purchase

42,108

5.8700  GBP

32 17/19p ordinary

Purchase

40,316

5.8728  GBP

32 17/19p ordinary

Purchase

30,443

5.8799  GBP

32 17/19p ordinary

Purchase

24,649

5.8703  GBP

ADR

Purchase

24,458

15.7175  USD

32 17/19p ordinary

Purchase

22,339

5.8530  GBP

32 17/19p ordinary

Purchase

20,300

5.8676  GBP

32 17/19p ordinary

Purchase

16,155

5.8764  GBP

32 17/19p ordinary

Purchase

13,953

5.8717  GBP

32 17/19p ordinary

Purchase

12,159

5.8820  GBP

32 17/19p ordinary

Purchase

11,646

5.8814  GBP

32 17/19p ordinary

Purchase

11,128

5.8723  GBP

32 17/19p ordinary

Purchase

10,257

5.8894  GBP

32 17/19p ordinary

Purchase

10,251

5.8699  GBP

32 17/19p ordinary

Purchase

9,605

5.8680  GBP

32 17/19p ordinary

Purchase

8,923

5.8759  GBP

32 17/19p ordinary

Purchase

8,441

5.8769  GBP

32 17/19p ordinary

Purchase

7,698

5.8647  GBP

32 17/19p ordinary

Purchase

7,453

5.8715  GBP

32 17/19p ordinary

Purchase

5,682

5.8765  GBP

32 17/19p ordinary

Purchase

5,611

5.8677  GBP

32 17/19p ordinary

Purchase

4,814

5.8640  GBP

32 17/19p ordinary

Purchase

4,095

5.8739  GBP

32 17/19p ordinary

Purchase

3,571

5.8657  GBP

32 17/19p ordinary

Purchase

3,300

5.8634  GBP

32 17/19p ordinary

Purchase

2,314

5.8788  GBP

32 17/19p ordinary

Purchase

2,124

5.8880  GBP

32 17/19p ordinary

Purchase

1,910

5.8740  GBP

32 17/19p ordinary

Purchase

1,588

5.8695  GBP

32 17/19p ordinary

Purchase

1,505

5.8736  GBP

32 17/19p ordinary

Purchase

1,412

5.8770  GBP

32 17/19p ordinary

Purchase

1,046

5.8879  GBP

ADR

Purchase

680

15.6600  USD

32 17/19p ordinary

Purchase

649

5.8810  GBP

32 17/19p ordinary

Purchase

642

5.8803  GBP

32 17/19p ordinary

Purchase

547

5.8760  GBP

32 17/19p ordinary

Purchase

544

5.8867  GBP

32 17/19p ordinary

Purchase

481

5.8940  GBP

32 17/19p ordinary

Purchase

364

5.8560  GBP

32 17/19p ordinary

Purchase

304

5.8800  GBP

32 17/19p ordinary

Purchase

301

5.8908  GBP

32 17/19p ordinary

Purchase

206

5.8705  GBP

32 17/19p ordinary

Purchase

72

5.8540  GBP

32 17/19p ordinary

Purchase

65

5.8809  GBP

32 17/19p ordinary

Sale

992,893

5.8880  GBP

32 17/19p ordinary

Sale

749,695

5.8688  GBP

32 17/19p ordinary

Sale

579,267

5.8899  GBP

32 17/19p ordinary

Sale

197,783

5.8887  GBP

32 17/19p ordinary

Sale

182,544

5.8732  GBP

32 17/19p ordinary

Sale

154,580

5.8893  GBP

32 17/19p ordinary

Sale

110,509

5.8734  GBP

32 17/19p ordinary

Sale

101,538

5.8717  GBP

32 17/19p ordinary

Sale

99,894

5.8900  GBP

32 17/19p ordinary

Sale

79,088

5.8757  GBP

32 17/19p ordinary

Sale

64,831

5.8727  GBP

32 17/19p ordinary

Sale

52,981

5.8738  GBP

32 17/19p ordinary

Sale

48,667

5.8708  GBP

32 17/19p ordinary

Sale

40,915

5.8673  GBP

32 17/19p ordinary

Sale

39,830

5.8751  GBP

32 17/19p ordinary

Sale

25,245

5.8853  GBP

ADR

Sale

24,458

15.7175  USD

32 17/19p ordinary

Sale

23,062

5.8716  GBP

32 17/19p ordinary

Sale

21,919

5.8691  GBP

32 17/19p ordinary

Sale

20,026

5.8741  GBP

32 17/19p ordinary

Sale

19,700

5.8687  GBP

32 17/19p ordinary

Sale

14,988

5.8784  GBP

32 17/19p ordinary

Sale

13,424

5.8723  GBP

32 17/19p ordinary

Sale

13,030

5.8775  GBP

32 17/19p ordinary

Sale

12,669

5.8726  GBP

32 17/19p ordinary

Sale

12,159

5.8820  GBP

32 17/19p ordinary

Sale

11,482

5.8891  GBP

32 17/19p ordinary

Sale

10,723

5.8713  GBP

32 17/19p ordinary

Sale

9,782

5.8625  GBP

32 17/19p ordinary

Sale

8,993

5.8712  GBP

32 17/19p ordinary

Sale

8,921

5.8754  GBP

32 17/19p ordinary

Sale

7,909

5.8553  GBP

32 17/19p ordinary

Sale

4,731

5.8700  GBP

32 17/19p ordinary

Sale

4,411

5.8768  GBP

32 17/19p ordinary

Sale

3,845

5.8728  GBP

32 17/19p ordinary

Sale

3,667

5.8540  GBP

32 17/19p ordinary

Sale

3,352

5.8655  GBP

32 17/19p ordinary

Sale

3,135

5.8810  GBP

32 17/19p ordinary

Sale

2,739

5.8696  GBP

32 17/19p ordinary

Sale

2,665

5.8704  GBP

32 17/19p ordinary

Sale

2,481

5.8888  GBP

32 17/19p ordinary

Sale

2,237

5.8744  GBP

32 17/19p ordinary

Sale

1,968

5.8718  GBP

32 17/19p ordinary

Sale

1,917

5.8570  GBP

32 17/19p ordinary

Sale

1,905

5.8721  GBP

32 17/19p ordinary

Sale

1,538

5.8851  GBP

32 17/19p ordinary

Sale

1,493

5.8836  GBP

32 17/19p ordinary

Sale

1,221

5.8670  GBP

32 17/19p ordinary

Sale

1,028

5.8800  GBP

32 17/19p ordinary

Sale

708

5.8680  GBP

ADR

Sale

680

15.6600  USD

32 17/19p ordinary

Sale

642

5.8530  GBP

32 17/19p ordinary

Sale

629

5.8640  GBP

32 17/19p ordinary

Sale

587

5.8747  GBP

32 17/19p ordinary

Sale

481

5.8947  GBP

32 17/19p ordinary

Sale

481

5.8740  GBP

32 17/19p ordinary

Sale

384

5.8817  GBP

32 17/19p ordinary

Sale

276

5.8730  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

Decreasing Long

16,155

5.8764  GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,909

5.8553  GBP

32 17/19p ordinary

SWAP

Decreasing Short

35,628

5.8561  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,753

5.8570  GBP

32 17/19p ordinary

SWAP

Decreasing Short

3,352

5.8655  GBP

32 17/19p ordinary

SWAP

Opening Long

749,695

5.8688  GBP

32 17/19p ordinary

SWAP

Increasing Long

12,669

5.8726  GBP

32 17/19p ordinary

SWAP

Increasing Long

64,831

5.8727  GBP

32 17/19p ordinary

SWAP

Increasing Long

210,890

5.8732  GBP

32 17/19p ordinary

SWAP

Increasing Long

52,981

5.8738  GBP

32 17/19p ordinary

SWAP

Increasing Long

123,638

5.8741  GBP

32 17/19p ordinary

SWAP

Increasing Long

39,830

5.8751  GBP

32 17/19p ordinary

SWAP

Increasing Long

8,921

5.8754  GBP

32 17/19p ordinary

SWAP

Increasing Long

79,088

5.8757  GBP

32 17/19p ordinary

SWAP

Increasing Long

156,108

5.8880  GBP

32 17/19p ordinary

SWAP

Increasing Long

255,128

5.8884  GBP

32 17/19p ordinary

SWAP

Increasing Long

197,783

5.8887  GBP

32 17/19p ordinary

SWAP

Increasing Long

2,481

5.8888  GBP

32 17/19p ordinary

SWAP

Increasing Long

11,482

5.8891  GBP

32 17/19p ordinary

SWAP

Increasing Long

154,580

5.8893  GBP

32 17/19p ordinary

SWAP

Increasing Long

302,987

5.8896  GBP

32 17/19p ordinary

SWAP

Increasing Long

579,267

5.8899  GBP

32 17/19p ordinary

SWAP

Increasing Long

264,772

5.8900  GBP

32 17/19p ordinary

SWAP

Increasing Long

68

5.8901  GBP

32 17/19p ordinary

SWAP

Decreasing Long

21,742

5.8600  GBP

32 17/19p ordinary

SWAP

Decreasing Long

221,102

5.8660  GBP

32 17/19p ordinary

SWAP

Decreasing Long

20,300

5.8676  GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,468

5.8678  GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,533

5.8686  GBP

32 17/19p ordinary

SWAP

Decreasing Long

41,516

5.8700  GBP

32 17/19p ordinary

SWAP

Decreasing Long

24,649

5.8703  GBP

32 17/19p ordinary

SWAP

Decreasing Long

26,778

5.8723  GBP

32 17/19p ordinary

SWAP

Decreasing Long

3,059

5.8727  GBP

32 17/19p ordinary

SWAP

Decreasing Long

2,326

5.8729  GBP

32 17/19p ordinary

SWAP

Decreasing Long

32,527

5.8739  GBP

32 17/19p ordinary

SWAP

Decreasing Long

382,893

5.8750  GBP

32 17/19p ordinary

SWAP

Decreasing Long

4,215

5.8757  GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,737

5.8758  GBP

32 17/19p ordinary

SWAP

Decreasing Long

327

5.8760  GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,412

5.8770  GBP

32 17/19p ordinary

SWAP

Decreasing Long

30,443

5.8799  GBP

32 17/19p ordinary

SWAP

Decreasing Long

544

5.8867  GBP

32 17/19p ordinary

SWAP

Decreasing Long

84,032

5.8889  GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,926

5.8900  GBP

32 17/19p ordinary

SWAP

Decreasing Long

174,390

5.8902  GBP

32 17/19p ordinary

SWAP

Decreasing Long

301

5.8908  GBP

32 17/19p ordinary

SWAP

Decreasing Long

1,600

5.8705  GBP

32 17/19p ordinary

SWAP

Decreasing Long

5,900

5.8900  GBP

32 17/19p ordinary

CFD

Increasing Long

5,802

5.8719  GBP

32 17/19p ordinary

CFD

Increasing Long

4,540

5.8834  GBP

32 17/19p ordinary

CFD

Increasing Long

1,372

5.8895  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,372

5.8684  GBP

32 17/19p ordinary

CFD

Decreasing Long

15,769

5.8721  GBP

32 17/19p ordinary

CFD

Decreasing Long

14,737

5.8723  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:

19 May 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

-120,786

5.3305

European

06-Jun-2026

32 17/19p ordinary

Call Options

Written

-104,577

5.3176

European

05-Jun-2026









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:

























 

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