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:
|
06
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:
|
|
|
22,592,920
|
0.84%
|
21,550,429
|
0.80%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
11,419,900
|
0.43%
|
15,832,285
|
0.59%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
225,398
|
0.01%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
34,012,820
|
1.27%
|
37,608,112
|
1.40%
|
(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
|
885,118
|
5.3618 GBP
|
32 17/19p
ordinary
|
Purchase
|
309,729
|
5.3791 GBP
|
32 17/19p
ordinary
|
Purchase
|
250,642
|
5.3638 GBP
|
32 17/19p
ordinary
|
Purchase
|
250,426
|
5.4020 GBP
|
32 17/19p
ordinary
|
Purchase
|
237,940
|
5.4180 GBP
|
32 17/19p
ordinary
|
Purchase
|
182,152
|
5.3599 GBP
|
32 17/19p
ordinary
|
Purchase
|
179,258
|
5.3888 GBP
|
32 17/19p
ordinary
|
Purchase
|
160,830
|
5.3784 GBP
|
32 17/19p
ordinary
|
Purchase
|
131,334
|
5.3820 GBP
|
32 17/19p
ordinary
|
Purchase
|
75,450
|
5.3708 GBP
|
32 17/19p
ordinary
|
Purchase
|
74,223
|
5.3903 GBP
|
32 17/19p
ordinary
|
Purchase
|
73,025
|
5.3697 GBP
|
32 17/19p
ordinary
|
Purchase
|
37,825
|
5.3839 GBP
|
32 17/19p
ordinary
|
Purchase
|
35,351
|
5.3711 GBP
|
32 17/19p
ordinary
|
Purchase
|
29,970
|
5.3580 GBP
|
32 17/19p
ordinary
|
Purchase
|
29,071
|
5.3771 GBP
|
32 17/19p
ordinary
|
Purchase
|
27,261
|
5.3540 GBP
|
32 17/19p
ordinary
|
Purchase
|
23,900
|
5.4054 GBP
|
32 17/19p
ordinary
|
Purchase
|
21,461
|
5.4077 GBP
|
32 17/19p
ordinary
|
Purchase
|
19,778
|
5.3898 GBP
|
32 17/19p
ordinary
|
Purchase
|
15,755
|
5.3663 GBP
|
32 17/19p
ordinary
|
Purchase
|
15,529
|
5.3986 GBP
|
32 17/19p
ordinary
|
Purchase
|
14,745
|
5.3824 GBP
|
32 17/19p
ordinary
|
Purchase
|
12,384
|
5.3712 GBP
|
32 17/19p
ordinary
|
Purchase
|
11,938
|
5.3627 GBP
|
32 17/19p
ordinary
|
Purchase
|
11,517
|
5.3887 GBP
|
32 17/19p
ordinary
|
Purchase
|
11,276
|
5.3832 GBP
|
32 17/19p
ordinary
|
Purchase
|
10,262
|
5.4258 GBP
|
32 17/19p
ordinary
|
Purchase
|
9,472
|
5.3977 GBP
|
32 17/19p
ordinary
|
Purchase
|
8,788
|
5.3719 GBP
|
32 17/19p
ordinary
|
Purchase
|
7,950
|
5.3656 GBP
|
32 17/19p
ordinary
|
Purchase
|
7,095
|
5.3720 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,549
|
5.4040 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,341
|
5.3740 GBP
|
32 17/19p
ordinary
|
Purchase
|
6,147
|
5.3969 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,668
|
5.3896 GBP
|
32 17/19p
ordinary
|
Purchase
|
5,555
|
5.3713 GBP
|
32 17/19p
ordinary
|
Purchase
|
4,946
|
5.3680 GBP
|
32 17/19p
ordinary
|
Purchase
|
4,201
|
5.3694 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,994
|
5.3682 GBP
|
32 17/19p
ordinary
|
Purchase
|
3,160
|
5.3642 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,953
|
5.3670 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,500
|
5.3825 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,488
|
5.3890 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,431
|
5.4260 GBP
|
32 17/19p
ordinary
|
Purchase
|
2,429
|
5.3763 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,917
|
5.3770 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,447
|
5.3747 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,430
|
5.3779 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,390
|
5.3710 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,381
|
5.4277 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,366
|
5.3660 GBP
|
32 17/19p
ordinary
|
Purchase
|
1,046
|
5.3620 GBP
|
32 17/19p
ordinary
|
Purchase
|
993
|
5.3920 GBP
|
32 17/19p
ordinary
|
Purchase
|
983
|
5.4010 GBP
|
32 17/19p
ordinary
|
Purchase
|
862
|
5.4300 GBP
|
32 17/19p
ordinary
|
Purchase
|
796
|
5.3610 GBP
|
32 17/19p
ordinary
|
Purchase
|
681
|
5.3794 GBP
|
32 17/19p
ordinary
|
Purchase
|
650
|
5.3700 GBP
|
32 17/19p
ordinary
|
Purchase
|
622
|
5.3900 GBP
|
32 17/19p
ordinary
|
Purchase
|
534
|
5.4200 GBP
|
32 17/19p
ordinary
|
Purchase
|
512
|
5.3871 GBP
|
32 17/19p
ordinary
|
Purchase
|
88
|
5.4148 GBP
|
32 17/19p
ordinary
|
Purchase
|
50
|
5.4158 GBP
|
32 17/19p
ordinary
|
Sale
|
573,400
|
5.3603 GBP
|
32 17/19p
ordinary
|
Sale
|
527,974
|
5.3580 GBP
|
32 17/19p
ordinary
|
Sale
|
387,091
|
5.3787 GBP
|
32 17/19p
ordinary
|
Sale
|
186,098
|
5.3981 GBP
|
32 17/19p
ordinary
|
Sale
|
139,004
|
5.3957 GBP
|
32 17/19p
ordinary
|
Sale
|
120,038
|
5.4097 GBP
|
32 17/19p
ordinary
|
Sale
|
84,746
|
5.3770 GBP
|
32 17/19p
ordinary
|
Sale
|
62,913
|
5.3663 GBP
|
32 17/19p
ordinary
|
Sale
|
36,497
|
5.3594 GBP
|
32 17/19p
ordinary
|
Sale
|
29,853
|
5.3900 GBP
|
32 17/19p
ordinary
|
Sale
|
25,332
|
5.3682 GBP
|
32 17/19p
ordinary
|
Sale
|
21,751
|
5.3673 GBP
|
32 17/19p
ordinary
|
Sale
|
20,128
|
5.3748 GBP
|
32 17/19p
ordinary
|
Sale
|
19,510
|
5.3790 GBP
|
32 17/19p
ordinary
|
Sale
|
17,282
|
5.4088 GBP
|
32 17/19p
ordinary
|
Sale
|
16,175
|
5.4070 GBP
|
32 17/19p
ordinary
|
Sale
|
13,316
|
5.3796 GBP
|
32 17/19p
ordinary
|
Sale
|
10,998
|
5.3933 GBP
|
32 17/19p
ordinary
|
Sale
|
10,306
|
5.4000 GBP
|
32 17/19p
ordinary
|
Sale
|
10,262
|
5.4258 GBP
|
32 17/19p
ordinary
|
Sale
|
10,212
|
5.3762 GBP
|
32 17/19p
ordinary
|
Sale
|
10,000
|
5.3916 GBP
|
32 17/19p
ordinary
|
Sale
|
7,352
|
5.3820 GBP
|
32 17/19p
ordinary
|
Sale
|
6,953
|
5.3891 GBP
|
32 17/19p
ordinary
|
Sale
|
6,881
|
5.3962 GBP
|
32 17/19p
ordinary
|
Sale
|
6,549
|
5.4040 GBP
|
32 17/19p
ordinary
|
Sale
|
5,645
|
5.3779 GBP
|
32 17/19p
ordinary
|
Sale
|
4,834
|
5.3910 GBP
|
32 17/19p
ordinary
|
Sale
|
4,400
|
5.4102 GBP
|
32 17/19p
ordinary
|
Sale
|
4,336
|
5.3680 GBP
|
32 17/19p
ordinary
|
Sale
|
4,103
|
5.3899 GBP
|
32 17/19p
ordinary
|
Sale
|
3,034
|
5.4125 GBP
|
32 17/19p
ordinary
|
Sale
|
2,431
|
5.4260 GBP
|
32 17/19p
ordinary
|
Sale
|
1,931
|
5.3982 GBP
|
32 17/19p
ordinary
|
Sale
|
1,725
|
5.3591 GBP
|
32 17/19p
ordinary
|
Sale
|
1,676
|
5.3720 GBP
|
32 17/19p
ordinary
|
Sale
|
1,586
|
5.3560 GBP
|
32 17/19p
ordinary
|
Sale
|
1,480
|
5.3940 GBP
|
32 17/19p
ordinary
|
Sale
|
1,458
|
5.3751 GBP
|
32 17/19p
ordinary
|
Sale
|
1,457
|
5.3980 GBP
|
32 17/19p
ordinary
|
Sale
|
1,447
|
5.3753 GBP
|
32 17/19p
ordinary
|
Sale
|
1,390
|
5.3710 GBP
|
32 17/19p
ordinary
|
Sale
|
1,366
|
5.3660 GBP
|
32 17/19p
ordinary
|
Sale
|
1,283
|
5.3670 GBP
|
32 17/19p
ordinary
|
Sale
|
1,046
|
5.3620 GBP
|
32 17/19p
ordinary
|
Sale
|
993
|
5.3920 GBP
|
32 17/19p
ordinary
|
Sale
|
914
|
5.3640 GBP
|
32 17/19p
ordinary
|
Sale
|
881
|
5.3800 GBP
|
32 17/19p
ordinary
|
Sale
|
862
|
5.4300 GBP
|
32 17/19p
ordinary
|
Sale
|
796
|
5.3610 GBP
|
32 17/19p
ordinary
|
Sale
|
650
|
5.3700 GBP
|
32 17/19p
ordinary
|
Sale
|
621
|
5.3911 GBP
|
32 17/19p
ordinary
|
Sale
|
190
|
5.3740 GBP
|
32 17/19p
ordinary
|
Sale
|
47
|
5.3579 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
|
Increasing Long
|
520,819
|
5.3603 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Long
|
24,643
|
5.3788 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Long
|
17,130
|
5.3789 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
70,935
|
5.3580 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
15,000
|
5.3591 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
36,497
|
5.3594 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,216
|
5.3606 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
1,679
|
5.3610 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
73
|
5.3695 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
3,750
|
5.3705 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,645
|
5.3779 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
20,212
|
5.3838 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
84,265
|
5.3929 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
135,237
|
5.3956 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
139,004
|
5.3957 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
6,881
|
5.3962 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
5,579
|
5.3991 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
10,306
|
5.4000 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
17,282
|
5.4088 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
115,454
|
5.4097 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,400
|
5.4102 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
4,050
|
5.4104 GBP
|
32 17/19p
ordinary
|
SWAP
|
Decreasing Short
|
534
|
5.4159 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
600
|
5.3500 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
210,176
|
5.3580 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
140,900
|
5.3582 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
262,410
|
5.3587 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
236,383
|
5.3596 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
30,678
|
5.3676 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
10,663
|
5.3687 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
263
|
5.3703 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
131
|
5.3704 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
75,450
|
5.3708 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
35,351
|
5.3711 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
31,684
|
5.3720 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
86,512
|
5.3778 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
110,107
|
5.3779 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
309,729
|
5.3791 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
131,334
|
5.3820 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
13,036
|
5.4000 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
3,897
|
5.4004 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
242,830
|
5.4020 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
11,060
|
5.4098 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
47
|
5.4100 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
88
|
5.4148 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Short
|
237,940
|
5.4180 GBP
|
32 17/19p
ordinary
|
SWAP
|
Increasing Long
|
1,889
|
5.4052 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
7,590
|
5.3576 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
427,048
|
5.3580 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
914
|
5.3640 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
5,369
|
5.3814 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
2,063
|
5.4026 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
472
|
5.4179 GBP
|
32 17/19p
ordinary
|
CFD
|
Increasing Long
|
10,262
|
5.4258 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
1,125
|
5.3464 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
130,132
|
5.3584 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
41,353
|
5.3639 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
2,670
|
5.3700 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
67,209
|
5.3706 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
60,071
|
5.3964 GBP
|
32 17/19p
ordinary
|
CFD
|
Decreasing Long
|
7,590
|
5.4263 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:
|
07 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
|
-120,815
|
5.3305
|
European
|
06 Jun
2025
|
32 17/19p
ordinary
|
Call
Options
|
Written
|
-104,583
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|