Man Group PLC: Form 8.3 - Aviva plc

On December 13, 2024, Man Group PLC published a disclosure under Form 8.3 regarding their position in relation to Aviva plc. This disclosure is important as it outlines significant holdings or interests in the relevant securities of the company involved in a takeover or offer situation, as governed by the Takeover Code.

Key Information

The disclosure highlights various important details:

• Discloser Name: Man Group PLC
• Relevant Company: Aviva plc
• Date of Position: December 12, 2024
• Related Offeree: Direct Line Insurance Group plc

This information is necessary for transparency regarding potential conflicts of interest or market manipulation.

Positions Held by Man Group PLC

The report includes detailed information on the position held by Man Group PLC:

• Type of Security: 32 17/19p ordinary shares
• Relevant Securities Owned: 12,286,387 shares (0.46%)
• Cash-settled Derivatives: 11,814,903 shares (0.44%)
• Stock-settled Derivatives: 4,913,000 shares (0.18%)

The total combined position of securities after the transactions is notably 24,101,290 shares (0.90%), reflecting their strategic interest.

Dealings Summary

Additionally, all recent dealings have been documented:

• Recent Purchases: 26,600 shares at a price of 4.710 GBP each.

Furthermore, relationships with cash-settled derivatives also show

• Reduction in long positions: 385 shares at 4.717 GBP.
• Reduction in short positions: 31,059 shares at 4.722 GBP.

These figures indicate active management of their investment strategies related to Aviva plc.

Additional Information

The document indicates there are no indemnities or other dealing arrangements that could affect the investment decisions made by Man Group PLC in relation to Aviva plc, ensuring the independence of their market activities.

All relevant disclosures have been made in compliance with market regulations to provide clear insights into relationships and potential market impacts.

It is vital for investors and analysts to carefully review these disclosures to understand the intentions and positions of major shareholders in key companies like Aviva plc.

disclosure, investment, securities