Man Group PLC: Form 8.3 - Aviva plc

On December 13, 2024, Man Group PLC published a disclosure regarding their interest in Aviva plc under FORM 8.3 as per the Takeover Code. This form provides key information about transactions regarding relevant securities where the discloser holds 1% or more interests.

Key Disclosure Information

The full name of the discloser is Man Group PLC. This disclosure concerns Aviva plc, the company related to which relevant securities are being disclosed. The date for the position held and the dealing undertaken is noted as December 12, 2024.

Position Statement

Man Group PLC's positions concerning the relevant securities of Aviva plc show that they own and control a total of 12,286,387 relevant securities, which amounts to 0.46% of the total. Additionally, they have cash-settled derivatives totaling 11,814,903, representing 0.44%. Short positions include 4,913,000 stock-settled derivatives, which is 0.18%. Overall, the total position disclosed amounts to:

Type	Number	%
Interests	24,101,290	0.90

This disclosure also notes that the discloser is making disclosures regarding another party, specifically, Direct Line Insurance Group plc.

Details on Dealings

Recent transactions include the purchase of 26,600 ordinary shares at a price of GBP 4.710 per share. Other financial dealings consist of cash-settled derivatives, primarily equity swaps, where a reduction in both long and short positions was noted.

Profiles of Derivatives

In connection with stock-settled derivative transactions, none were recorded during the reporting period. However, detailed information related to existing options and agreements to purchase or sell relevant securities can be obtained through the Supplemental Form 8, which outlines open positions.

Additional Information

There are no indemnity or other dealing arrangements related to the relevant securities for incentive purposes noted in this report. Also, there are no established agreements regarding voting rights or future acquisition relating to the derivatives.

Contact Information and Disclosure Requirements

The disclosure was dated December 13, 2024, and the point of contact for further inquiries is Mackenzie Terry, reachable at +442071441555. For those needing clarity on the Code’s disclosure requirements, the Panel’s Market Surveillance Unit is available for consultation.

More detailed information on the Takeover Code can be referenced via the Panel's official website.

disclosure, securities, transactions