RNS Number : 6991Z
Barclays PLC
06 March 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:

05 Mar 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:

 

 

21,740,472

0.81%

21,532,343

0.80%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,469,553

0.43%

15,006,171

0.56%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

225,358

0.01%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,210,025

1.24%

36,763,872

1.37%

(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

422,466

5.4167  GBP

32 17/19p ordinary

Purchase

274,003

5.4178  GBP

32 17/19p ordinary

Purchase

217,293

5.4000  GBP

32 17/19p ordinary

Purchase

205,052

5.4165  GBP

32 17/19p ordinary

Purchase

188,674

5.3787  GBP

32 17/19p ordinary

Purchase

135,537

5.4180  GBP

32 17/19p ordinary

Purchase

135,212

5.4018  GBP

32 17/19p ordinary

Purchase

133,804

5.3813  GBP

32 17/19p ordinary

Purchase

109,476

5.4135  GBP

32 17/19p ordinary

Purchase

96,182

5.3793  GBP

32 17/19p ordinary

Purchase

77,156

5.3805  GBP

32 17/19p ordinary

Purchase

73,760

5.3740  GBP

32 17/19p ordinary

Purchase

71,538

5.4055  GBP

32 17/19p ordinary

Purchase

54,078

5.4129  GBP

32 17/19p ordinary

Purchase

52,327

5.4012  GBP

32 17/19p ordinary

Purchase

41,967

5.4107  GBP

32 17/19p ordinary

Purchase

34,276

5.4040  GBP

32 17/19p ordinary

Purchase

28,868

5.4168  GBP

32 17/19p ordinary

Purchase

24,864

5.3959  GBP

32 17/19p ordinary

Purchase

24,139

5.4031  GBP

32 17/19p ordinary

Purchase

21,911

5.4238  GBP

32 17/19p ordinary

Purchase

21,258

5.3660  GBP

32 17/19p ordinary

Purchase

18,094

5.4124  GBP

32 17/19p ordinary

Purchase

16,617

5.3865  GBP

32 17/19p ordinary

Purchase

15,206

5.3818  GBP

32 17/19p ordinary

Purchase

11,592

5.4239  GBP

32 17/19p ordinary

Purchase

9,042

5.4175  GBP

32 17/19p ordinary

Purchase

8,930

5.4010  GBP

32 17/19p ordinary

Purchase

8,428

5.4033  GBP

32 17/19p ordinary

Purchase

8,060

5.4068  GBP

32 17/19p ordinary

Purchase

6,230

5.4320  GBP

32 17/19p ordinary

Purchase

5,822

5.4087  GBP

32 17/19p ordinary

Purchase

5,536

5.4302  GBP

32 17/19p ordinary

Purchase

4,440

5.4106  GBP

32 17/19p ordinary

Purchase

3,473

5.3991  GBP

32 17/19p ordinary

Purchase

3,304

5.4125  GBP

32 17/19p ordinary

Purchase

2,780

5.3795  GBP

ADR

Purchase

2,100

14.1500  USD

ADR

Purchase

1,872

14.1165  USD

32 17/19p ordinary

Purchase

1,798

5.4159  GBP

32 17/19p ordinary

Purchase

1,685

5.4139  GBP

32 17/19p ordinary

Purchase

1,547

5.4080  GBP

32 17/19p ordinary

Purchase

1,206

5.4084  GBP

32 17/19p ordinary

Purchase

1,178

5.4020  GBP

32 17/19p ordinary

Purchase

996

5.4030  GBP

32 17/19p ordinary

Purchase

732

5.3719  GBP

32 17/19p ordinary

Purchase

646

5.4102  GBP

32 17/19p ordinary

Purchase

603

5.4060  GBP

32 17/19p ordinary

Purchase

578

5.4300  GBP

32 17/19p ordinary

Purchase

534

5.3980  GBP

32 17/19p ordinary

Purchase

521

5.3960  GBP

32 17/19p ordinary

Purchase

508

5.4220  GBP

32 17/19p ordinary

Purchase

452

5.4280  GBP

32 17/19p ordinary

Purchase

354

5.4172  GBP

32 17/19p ordinary

Purchase

301

5.4160  GBP

32 17/19p ordinary

Purchase

281

5.4240  GBP

32 17/19p ordinary

Purchase

275

5.4100  GBP

32 17/19p ordinary

Purchase

255

5.4197  GBP

32 17/19p ordinary

Purchase

87

5.4314  GBP

32 17/19p ordinary

Purchase

45

5.4140  GBP

32 17/19p ordinary

Sale

554,249

5.4142  GBP

32 17/19p ordinary

Sale

516,413

5.4180  GBP

32 17/19p ordinary

Sale

449,792

5.4167  GBP

32 17/19p ordinary

Sale

415,720

5.3872  GBP

32 17/19p ordinary

Sale

329,453

5.4035  GBP

32 17/19p ordinary

Sale

223,314

5.3996  GBP

32 17/19p ordinary

Sale

174,386

5.4176  GBP

32 17/19p ordinary

Sale

143,225

5.4192  GBP

32 17/19p ordinary

Sale

122,766

5.3862  GBP

32 17/19p ordinary

Sale

109,573

5.4086  GBP

32 17/19p ordinary

Sale

74,505

5.3813  GBP

32 17/19p ordinary

Sale

74,281

5.4135  GBP

32 17/19p ordinary

Sale

66,802

5.4157  GBP

32 17/19p ordinary

Sale

61,766

5.4203  GBP

32 17/19p ordinary

Sale

50,393

5.3889  GBP

32 17/19p ordinary

Sale

48,944

5.4235  GBP

32 17/19p ordinary

Sale

48,185

5.3794  GBP

32 17/19p ordinary

Sale

46,968

5.4189  GBP

32 17/19p ordinary

Sale

39,455

5.4177  GBP

32 17/19p ordinary

Sale

36,880

5.3740  GBP

32 17/19p ordinary

Sale

32,306

5.3876  GBP

32 17/19p ordinary

Sale

28,344

5.4033  GBP

32 17/19p ordinary

Sale

15,932

5.4165  GBP

32 17/19p ordinary

Sale

11,299

5.4144  GBP

32 17/19p ordinary

Sale

10,989

5.4257  GBP

32 17/19p ordinary

Sale

10,629

5.3660  GBP

32 17/19p ordinary

Sale

9,100

5.4234  GBP

32 17/19p ordinary

Sale

8,984

5.4029  GBP

32 17/19p ordinary

Sale

8,601

5.3895  GBP

32 17/19p ordinary

Sale

8,292

5.4320  GBP

32 17/19p ordinary

Sale

7,151

5.4210  GBP

32 17/19p ordinary

Sale

5,272

5.4009  GBP

32 17/19p ordinary

Sale

5,236

5.4127  GBP

32 17/19p ordinary

Sale

4,633

5.4101  GBP

32 17/19p ordinary

Sale

4,030

5.4068  GBP

32 17/19p ordinary

Sale

3,091

5.4270  GBP

32 17/19p ordinary

Sale

2,861

5.3970  GBP

32 17/19p ordinary

Sale

2,826

5.4233  GBP

32 17/19p ordinary

Sale

2,740

5.3967  GBP

32 17/19p ordinary

Sale

2,325

5.4129  GBP

32 17/19p ordinary

Sale

2,272

5.4147  GBP

ADR

Sale

2,100

14.1500  USD

ADR

Sale

1,872

14.1165  USD

32 17/19p ordinary

Sale

1,401

5.4220  GBP

32 17/19p ordinary

Sale

1,206

5.4060  GBP

32 17/19p ordinary

Sale

1,044

5.4000  GBP

32 17/19p ordinary

Sale

1,042

5.3960  GBP

32 17/19p ordinary

Sale

1,000

5.4080  GBP

32 17/19p ordinary

Sale

1,000

5.4020  GBP

32 17/19p ordinary

Sale

990

5.4282  GBP

32 17/19p ordinary

Sale

710

5.4010  GBP

32 17/19p ordinary

Sale

200

5.4280  GBP

32 17/19p ordinary

Sale

113

5.4160  GBP

32 17/19p ordinary

Sale

48

5.4190  GBP

32 17/19p ordinary

Sale

45

5.4140  GBP

32 17/19p ordinary

Sale

28

5.4100  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

40,329

5.4136  GBP

32 17/19p ordinary

SWAP

Decreasing Short

10,926

5.3945  GBP

32 17/19p ordinary

SWAP

Decreasing Short

56,097

5.3964  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,861

5.3970  GBP

32 17/19p ordinary

SWAP

Decreasing Short

223,314

5.3996  GBP

32 17/19p ordinary

SWAP

Decreasing Short

8,984

5.4029  GBP

32 17/19p ordinary

SWAP

Decreasing Short

32,586

5.4031  GBP

32 17/19p ordinary

SWAP

Decreasing Short

16,781

5.4034  GBP

32 17/19p ordinary

SWAP

Decreasing Short

329,453

5.4035  GBP

32 17/19p ordinary

SWAP

Decreasing Short

744

5.4104  GBP

32 17/19p ordinary

SWAP

Decreasing Short

128

5.4106  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,567

5.4113  GBP

32 17/19p ordinary

SWAP

Decreasing Short

2,272

5.4147  GBP

32 17/19p ordinary

SWAP

Decreasing Short

15,932

5.4165  GBP

32 17/19p ordinary

SWAP

Decreasing Short

27,326

5.4167  GBP

32 17/19p ordinary

SWAP

Decreasing Short

174,386

5.4176  GBP

32 17/19p ordinary

SWAP

Decreasing Short

39,455

5.4177  GBP

32 17/19p ordinary

SWAP

Decreasing Short

263

5.4179  GBP

32 17/19p ordinary

SWAP

Decreasing Short

109,435

5.4180  GBP

32 17/19p ordinary

SWAP

Decreasing Short

46,968

5.4189  GBP

32 17/19p ordinary

SWAP

Decreasing Short

143,225

5.4192  GBP

32 17/19p ordinary

SWAP

Decreasing Short

61,766

5.4203  GBP

32 17/19p ordinary

SWAP

Decreasing Short

7,151

5.4210  GBP

32 17/19p ordinary

SWAP

Decreasing Short

37,227

5.4214  GBP

32 17/19p ordinary

SWAP

Decreasing Short

1,401

5.4220  GBP

32 17/19p ordinary

SWAP

Decreasing Short

25,029

5.4234  GBP

32 17/19p ordinary

SWAP

Decreasing Short

48,944

5.4235  GBP

32 17/19p ordinary

SWAP

Increasing Short

1

5.3560  GBP

32 17/19p ordinary

SWAP

Increasing Short

1,285

5.3713  GBP

32 17/19p ordinary

SWAP

Increasing Short

24,864

5.3959  GBP

32 17/19p ordinary

SWAP

Increasing Short

66,801

5.3986  GBP

32 17/19p ordinary

SWAP

Increasing Short

11,673

5.3996  GBP

32 17/19p ordinary

SWAP

Increasing Short

214,411

5.4000  GBP

32 17/19p ordinary

SWAP

Increasing Short

52,327

5.4012  GBP

32 17/19p ordinary

SWAP

Increasing Short

942

5.4016  GBP

32 17/19p ordinary

SWAP

Increasing Short

2,783

5.4020  GBP

32 17/19p ordinary

SWAP

Increasing Short

13,315

5.4034  GBP

32 17/19p ordinary

SWAP

Increasing Short

34,276

5.4040  GBP

32 17/19p ordinary

SWAP

Increasing Short

55,096

5.4053  GBP

32 17/19p ordinary

SWAP

Increasing Short

71,538

5.4055  GBP

32 17/19p ordinary

SWAP

Increasing Short

17,975

5.4080  GBP

32 17/19p ordinary

SWAP

Increasing Short

5,822

5.4087  GBP

32 17/19p ordinary

SWAP

Increasing Short

354

5.4172  GBP

32 17/19p ordinary

SWAP

Increasing Short

190,300

5.4177  GBP

32 17/19p ordinary

SWAP

Increasing Short

3,341

5.4180  GBP

32 17/19p ordinary

SWAP

Increasing Short

31,878

5.4182  GBP

32 17/19p ordinary

SWAP

Increasing Short

255

5.4197  GBP

32 17/19p ordinary

SWAP

Increasing Short

281

5.4240  GBP

32 17/19p ordinary

SWAP

Increasing Long

2,981

5.3957  GBP

32 17/19p ordinary

SWAP

Decreasing Long

7,900

5.4180  GBP

32 17/19p ordinary

CFD

Decreasing Short

4,350

5.4073  GBP

32 17/19p ordinary

CFD

Decreasing Short

422,466

5.4167  GBP

32 17/19p ordinary

CFD

Decreasing Short

5,380

5.4176  GBP

32 17/19p ordinary

CFD

Opening Long

56,574

5.4179  GBP

32 17/19p ordinary

CFD

Increasing Long

5,005

5.4220  GBP

32 17/19p ordinary

CFD

Increasing Long

2,062

5.4318  GBP

32 17/19p ordinary

CFD

Decreasing Long

4,180

5.3563  GBP

32 17/19p ordinary

CFD

Decreasing Long

2,076

5.4108  GBP

32 17/19p ordinary

CFD

Decreasing Long

651

5.4180  GBP

32 17/19p ordinary

CFD

Decreasing Long

2,839

5.4220  GBP

32 17/19p ordinary

CFD

Decreasing Long

5,144

5.4223  GBP

32 17/19p ordinary

CFD

Decreasing Long

1,900

5.4235  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:

06 Mar 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

-120,787

5.3305

European

06 Jun 2025

 

32 17/19p ordinary

Call Options

Written

-104,571

5.3176

European

05 Jun 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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