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BNP Paribas

Major Shareholding Notification Dec 31, 2024

1158_rns_2024-12-31_2a7112b4-74bd-448f-951f-5efdf64cc408.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 7887R

BNP Paribas London

31 December 2024

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: BNP Paribas SA
(b)  Owner or controller of interests and short positions disclosed, if different from 1(a):

       The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)  Name of offeror/offeree in relation to whose relevant securities this form relates:

       Use a separate form for each offeror/offeree
Direct Line Insurance Group plc
(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:

       For an opening position disclosure, state the latest practicable date prior to the disclosure
30/12/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

       If it is a cash offer or possible cash offer, state "N/A"
Yes: Aviva plc
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: GB00BY9D0Y18 (10 10/11p ordinary)
Interests Short Positions
Number % Number %
(1) Relevant securities owned and/or controlled: 33,983,764 2.59 -29,190,019 -2.23
(2) Cash-settled derivatives: 6,313,067 .48 -24,009,459 -1.83
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0
TOTAL: 40,296,831 3.07 -53,199,478 -4.06
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors'' and other employee 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 PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant

security
Purchase/sale Number of

securities
Price per unit
GB00BY9D0Y18 Purchase 1 2.5300 GBP
GB00BY9D0Y18 Purchase 1 2.5300 GBP
GB00BY9D0Y18 Purchase 11 2.5350 GBP
GB00BY9D0Y18 Purchase 17 2.5370 GBP
GB00BY9D0Y18 Purchase 17 2.5370 GBP
GB00BY9D0Y18 Purchase 17 2.5370 GBP
GB00BY9D0Y18 Purchase 28 2.5320 GBP
GB00BY9D0Y18 Purchase 50 2.5370 GBP
GB00BY9D0Y18 Purchase 50 2.5400 GBP
GB00BY9D0Y18 Purchase 63 2.5330 GBP
GB00BY9D0Y18 Purchase 64 2.5300 GBP
GB00BY9D0Y18 Purchase 66 2.5400 GBP
GB00BY9D0Y18 Purchase 91 2.5370 GBP
GB00BY9D0Y18 Purchase 112 2.5320 GBP
GB00BY9D0Y18 Purchase 112 2.5380 GBP
GB00BY9D0Y18 Purchase 118 2.5380 GBP
GB00BY9D0Y18 Purchase 124 2.5370 GBP
GB00BY9D0Y18 Purchase 149 2.5370 GBP
GB00BY9D0Y18 Purchase 171 2.5340 GBP
GB00BY9D0Y18 Purchase 171 2.5360 GBP
GB00BY9D0Y18 Purchase 171 2.5360 GBP
GB00BY9D0Y18 Purchase 172 2.5340 GBP
GB00BY9D0Y18 Purchase 172 2.5350 GBP
GB00BY9D0Y18 Purchase 172 2.5360 GBP
GB00BY9D0Y18 Purchase 172 2.5360 GBP
GB00BY9D0Y18 Purchase 192 2.5380 GBP
GB00BY9D0Y18 Purchase 197 2.5400 GBP
GB00BY9D0Y18 Purchase 199 2.5380 GBP
GB00BY9D0Y18 Purchase 236 2.5400 GBP
GB00BY9D0Y18 Purchase 276 2.5370 GBP
GB00BY9D0Y18 Purchase 288 2.5335 GBP
GB00BY9D0Y18 Purchase 294 2.5400 GBP
GB00BY9D0Y18 Purchase 295 2.5370 GBP
GB00BY9D0Y18 Purchase 331 2.5370 GBP
GB00BY9D0Y18 Purchase 343 2.5350 GBP
GB00BY9D0Y18 Purchase 349 2.5370 GBP
GB00BY9D0Y18 Purchase 352 2.5370 GBP
GB00BY9D0Y18 Purchase 352 2.5400 GBP
GB00BY9D0Y18 Purchase 354 2.5370 GBP
GB00BY9D0Y18 Purchase 356 2.5350 GBP
GB00BY9D0Y18 Purchase 358 2.5350 GBP
GB00BY9D0Y18 Purchase 388 2.5400 GBP
GB00BY9D0Y18 Purchase 389 2.5400 GBP
GB00BY9D0Y18 Purchase 415 2.5400 GBP
GB00BY9D0Y18 Purchase 417 2.5360 GBP
GB00BY9D0Y18 Purchase 417 2.5360 GBP
GB00BY9D0Y18 Purchase 418 2.5400 GBP
GB00BY9D0Y18 Purchase 421 2.5360 GBP
GB00BY9D0Y18 Purchase 421 2.5360 GBP
GB00BY9D0Y18 Purchase 421 2.5360 GBP
GB00BY9D0Y18 Purchase 421 2.5400 GBP
GB00BY9D0Y18 Purchase 423 2.5360 GBP
GB00BY9D0Y18 Purchase 423 2.5360 GBP
GB00BY9D0Y18 Purchase 425 2.5336 GBP
GB00BY9D0Y18 Purchase 432 2.5360 GBP
GB00BY9D0Y18 Purchase 443 2.5380 GBP
GB00BY9D0Y18 Purchase 504 2.5340 GBP
GB00BY9D0Y18 Purchase 532 2.5360 GBP
GB00BY9D0Y18 Purchase 557 2.5370 GBP
GB00BY9D0Y18 Purchase 584 2.5370 GBP
GB00BY9D0Y18 Purchase 591 2.5400 GBP
GB00BY9D0Y18 Purchase 600 2.5340 GBP
GB00BY9D0Y18 Purchase 608 2.5340 GBP
GB00BY9D0Y18 Purchase 642 2.5380 GBP
GB00BY9D0Y18 Purchase 673 2.5370 GBP
GB00BY9D0Y18 Purchase 696 2.5340 GBP
GB00BY9D0Y18 Purchase 700 2.5400 GBP
GB00BY9D0Y18 Purchase 737 2.5380 GBP
GB00BY9D0Y18 Purchase 773 2.5370 GBP
GB00BY9D0Y18 Purchase 802 2.5360 GBP
GB00BY9D0Y18 Purchase 826 2.5370 GBP
GB00BY9D0Y18 Purchase 841 2.5340 GBP
GB00BY9D0Y18 Purchase 847 2.5400 GBP
GB00BY9D0Y18 Purchase 886 2.5320 GBP
GB00BY9D0Y18 Purchase 924 2.5320 GBP
GB00BY9D0Y18 Purchase 970 2.5340 GBP
GB00BY9D0Y18 Purchase 983 2.5400 GBP
GB00BY9D0Y18 Purchase 1,017 2.5350 GBP
GB00BY9D0Y18 Purchase 1,035 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,049 2.5400 GBP
GB00BY9D0Y18 Purchase 1,052 2.5380 GBP
GB00BY9D0Y18 Purchase 1,057 2.5340 GBP
GB00BY9D0Y18 Purchase 1,066 2.5400 GBP
GB00BY9D0Y18 Purchase 1,090 2.5380 GBP
GB00BY9D0Y18 Purchase 1,097 2.5370 GBP
GB00BY9D0Y18 Purchase 1,184 2.5400 GBP
GB00BY9D0Y18 Purchase 1,266 2.5340 GBP
GB00BY9D0Y18 Purchase 1,299 2.5360 GBP
GB00BY9D0Y18 Purchase 1,327 2.5340 GBP
GB00BY9D0Y18 Purchase 1,417 2.5350 GBP
GB00BY9D0Y18 Purchase 1,492 2.5370 GBP
GB00BY9D0Y18 Purchase 1,501 2.5380 GBP
GB00BY9D0Y18 Purchase 1,587 2.5400 GBP
GB00BY9D0Y18 Purchase 1,593 2.5370 GBP
GB00BY9D0Y18 Purchase 1,647 2.5340 GBP
GB00BY9D0Y18 Purchase 1,672 2.5400 GBP
GB00BY9D0Y18 Purchase 1,744 2.5320 GBP
GB00BY9D0Y18 Purchase 1,764 2.5400 GBP
GB00BY9D0Y18 Purchase 1,789 2.5340 GBP
GB00BY9D0Y18 Purchase 1,965 2.5370 GBP
GB00BY9D0Y18 Purchase 2,030 2.5340 GBP
GB00BY9D0Y18 Purchase 2,126 2.5340 GBP
GB00BY9D0Y18 Purchase 2,247 2.5340 GBP
GB00BY9D0Y18 Purchase 2,472 2.5350 GBP
GB00BY9D0Y18 Purchase 2,486 2.5340 GBP
GB00BY9D0Y18 Purchase 2,630 2.5320 GBP
GB00BY9D0Y18 Purchase 3,500 2.5334 GBP
GB00BY9D0Y18 Purchase 3,622 2.5340 GBP
GB00BY9D0Y18 Purchase 4,265 2.5329 GBP
GB00BY9D0Y18 Purchase 4,935 2.5350 GBP
GB00BY9D0Y18 Purchase 5,239 2.5362 GBP
GB00BY9D0Y18 Purchase 5,321 2.5340 GBP
GB00BY9D0Y18 Purchase 6,001 2.5360 GBP
GB00BY9D0Y18 Purchase 6,474 2.5350 GBP
GB00BY9D0Y18 Purchase 6,536 2.5312 GBP
GB00BY9D0Y18 Purchase 8,501 2.5375 GBP
GB00BY9D0Y18 Purchase 8,868 2.5350 GBP
GB00BY9D0Y18 Purchase 9,021 2.5350 GBP
GB00BY9D0Y18 Purchase 9,377 2.5350 GBP
GB00BY9D0Y18 Purchase 10,214 2.5350 GBP
GB00BY9D0Y18 Purchase 21,888 2.5350 GBP
GB00BY9D0Y18 Purchase 32,611 2.5350 GBP
GB00BY9D0Y18 Purchase 38,383 2.5375 GBP
GB00BY9D0Y18 Purchase 43,027 2.5352 GBP
GB00BY9D0Y18 Purchase 47,043 2.5304 GBP
GB00BY9D0Y18 Purchase 63,589 2.5350 GBP
GB00BY9D0Y18 Purchase 73,770 2.5350 GBP
GB00BY9D0Y18 Purchase 78,614 2.5320 GBP
GB00BY9D0Y18 Purchase 89,913 2.5375 GBP
GB00BY9D0Y18 Sale -289,589 2.5347 GBP
GB00BY9D0Y18 Sale -102,005 2.5347 GBP
GB00BY9D0Y18 Sale -80,499 2.5321 GBP
GB00BY9D0Y18 Sale -44,026 2.5320 GBP
GB00BY9D0Y18 Sale -43,036 2.5347 GBP
GB00BY9D0Y18 Sale -42,376 2.5358 GBP
GB00BY9D0Y18 Sale -3,791 2.5320 GBP
GB00BY9D0Y18 Sale -3,733 2.5320 GBP
GB00BY9D0Y18 Sale -3,478 2.5307 GBP
GB00BY9D0Y18 Sale -1,557 2.5363 GBP
GB00BY9D0Y18 Sale -1,097 2.5365 GBP
GB00BY9D0Y18 Sale -531 2.5320 GBP
GB00BY9D0Y18 Sale -426 2.5336 GBP
GB00BY9D0Y18 Sale -355 2.5320 GBP
GB00BY9D0Y18 Sale -326 2.5360 GBP
GB00BY9D0Y18 Sale -243 2.5320 GBP
GB00BY9D0Y18 Sale -1 2.5300 GBP
(b) Cash-settled derivative transactions
Class of

relevant

security
Product

description

e.g. CFD
Nature of dealing

e.g. opening/closing a

long/short position

increasing/reducing a

long/short position
Number of

references

securities
Price per

unit
GB00BY9D0Y18 Contract for Difference Opening Long Position 44,026 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Opening Short Position -261 2.5320
GB00BY9D0Y18 Contract for Difference Opening Short Position -27 2.5320
GB00BY9D0Y18 Contract for Difference Opening Short Position -24 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Closing Short Position 42,702 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -38,383 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -8,501 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -89,913 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -100,213 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -77,981 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Increasing Short Position -14,220 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Reducing Long Position -7,618 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Reducing Short Position 3,478 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Reducing Short Position 17,422 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Reducing Short Position 166,558 2.5320 GBP
GB00BY9D0Y18 Contract for Difference Reducing Short Position 8,434 2.5320 GBP
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class

of

relevant

security
Product

description

e.g. call

option
Writing,

purchasing,

selling,

varying etc.
Number

of

securities

to which

option

relates
Exercise

price

per unit
Type

e.g.

American

European

etc.
Expiry

date
Option

money

paid/

received

per unit
(ii) Exercise
Class of

relevant

security
Product

description

e.g. call option
Exercising/

exercised

against
Number of

securities
Exercise price

per unit
(d) Other dealings (including subscribing for new securities)
Class of relevant

security
Nature of dealing

e.g. subscription, conversion
Details Price per unit (if

applicable)
4. Other Information
(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"
None
(b) Indemnity and other dealing arrangements
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 or future acquisition or disposal of any relevant securities to which

      any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"
None
(c) Attachments
Is a supplemental Form 8 (Open Positions) attached? No
Date of Disclosure: 31/12/2024
Contact Name Compliance Control Room
Telephone Number: 0207 595 9695
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk

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