Form 8.5 (EPT/NON-RI) AVIVA PLC - Amendment

Form 8.5 (EPT/NON-RI) AVIVA PLC - Amendment

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI) AMENDMENT TO 2a & 3a

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		AVIVA PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		FRIENDS LIFE GROUP LIMITED
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		24 November 2014
(e)		Has the EPT previously disclosed, or is it		YES:
		today disclosing, under the Code in respect		FRIENDS LIFE GROUP LIMITED
Â		of any other party to this offer?		Â

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:	Â	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		4,729,891		0.16%		6,511,090		0.22%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		5,696,863		0.19%		2,183,354		0.07%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,988,278		0.07%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		12,415,032		0.42%		8,694,444		0.29%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)

Class of relevant security in relation to which subscription right exists:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		136		5.1739 GBP
ORD		Purchase		211		5.1684 GBP
ORD		Purchase		494		5.2250 GBP
ORD		Purchase		709		5.2050 GBP
ORD		Purchase		871		5.2200 GBP
ORD		Purchase		1,114		5.1075 GBP
ORD		Purchase		1,134		5.1700 GBP
ORD		Purchase		1,147		5.1775 GBP
ORD		Purchase		1,374		5.1025 GBP
ORD		Purchase		1,393		5.1225 GBP
ORD		Purchase		1,776		5.0950 GBP
ORD		Purchase		2,294		5.2225 GBP
ORD		Purchase		2,529		5.1830 GBP
ORD		Purchase		2,738		5.2150 GBP
ORD		Purchase		2,841		5.2300 GBP
ORD		Purchase		2,940		5.1200 GBP
ORD		Purchase		3,012		5.1350 GBP
ORD		Purchase		3,080		5.0975 GBP
ORD		Purchase		5,824		5.1400 GBP
ORD		Purchase		5,840		5.1150 GBP
ORD		Purchase		5,862		5.2100 GBP
ORD		Purchase		6,448		5.1850 GBP
ORD		Purchase		6,498		5.1125 GBP
ORD		Purchase		7,049		5.1050 GBP
ORD		Purchase		7,823		5.1950 GBP
ORD		Purchase		8,275		5.1600 GBP
ORD		Purchase		8,812		5.1688 GBP
ORD		Purchase		16,419		5.1300 GBP
ORD		Purchase		18,435		5.2000 GBP
ORD		Purchase		19,152		5.1550 GBP
ORD		Purchase		20,614		5.1250 GBP
ORD		Purchase		26,015		5.1750 GBP
ORD		Purchase		31,519		5.1900 GBP
ORD		Purchase		34,199		5.1100 GBP
ORD		Purchase		37,910		5.1665 GBP
ORD		Purchase		45,068		5.1694 GBP
ORD		Purchase		46,000		5.1156 GBP
ORD		Purchase		60,794		5.1642 GBP
ORD		Purchase		65,556		5.1442 GBP
ORD		Purchase		68,151		5.1132 GBP
ORD		Purchase		74,692		5.1295 GBP
ORD		Purchase		79,422		5.1275 GBP
ORD		Purchase		81,507		5.1569 GBP
ORD		Purchase		84,697		5.1293 GBP
ORD		Purchase		97,893		5.1663 GBP
ORD		Purchase		100,000		5.1033 GBP
ORD		Purchase		105,413		5.1425 GBP
ORD		Purchase		127,117		5.1027 GBP
ORD		Purchase		162,940		5.1062 GBP
ORD		Purchase		167,400		5.0800 GBP
ORD		Purchase		219,327		5.1800 GBP
ORD		Purchase		272,840		5.1318 GBP
ORD		Purchase		643,800		5.1124 GBP
ORD		Purchase		990,007		5.1337 GBP
ORD		Purchase		1,168,501		5.1320 GBP
ORD		Purchase		2,633,560		5.1000 GBP
ORD (traded as ADR)		Purchase		600		15.9900 USD
ORD (traded as ADR)		Purchase		92,540		16.0465 USD
ORD		Sale		91		5.1793 GBP
ORD		Sale		200		5.0925 GBP
ORD		Sale		200		5.1798 GBP
ORD		Sale		494		5.2250 GBP
ORD		Sale		709		5.2050 GBP
ORD		Sale		871		5.2200 GBP
ORD		Sale		1,114		5.1075 GBP
ORD		Sale		1,114		5.1125 GBP
ORD		Sale		1,134		5.1700 GBP
ORD		Sale		1,147		5.1775 GBP
ORD		Sale		1,210		5.1007 GBP
ORD		Sale		1,374		5.1025 GBP
ORD		Sale		1,776		5.0950 GBP
ORD		Sale		1,919		5.1750 GBP
ORD		Sale		2,294		5.2225 GBP
ORD		Sale		2,529		5.1830 GBP
ORD		Sale		2,738		5.2150 GBP
ORD		Sale		2,786		5.1225 GBP
ORD		Sale		2,841		5.2300 GBP
ORD		Sale		2,940		5.1200 GBP
ORD		Sale		3,012		5.1350 GBP
ORD		Sale		3,080		5.0975 GBP
ORD		Sale		5,824		5.1400 GBP
ORD		Sale		5,840		5.1150 GBP
ORD		Sale		5,862		5.2100 GBP
ORD		Sale		7,049		5.1050 GBP
ORD		Sale		7,286		5.1300 GBP
ORD		Sale		7,300		5.1175 GBP
ORD		Sale		7,823		5.1950 GBP
ORD		Sale		8,275		5.1600 GBP
ORD		Sale		8,448		5.1850 GBP
ORD		Sale		9,311		5.1550 GBP
ORD		Sale		11,710		5.1800 GBP
ORD		Sale		11,743		5.0969 GBP
ORD		Sale		12,678		5.1077 GBP
ORD		Sale		14,789		5.1729 GBP
ORD		Sale		18,435		5.2000 GBP
ORD		Sale		19,323		5.1276 GBP
ORD		Sale		19,798		5.1900 GBP
ORD		Sale		20,614		5.1250 GBP
ORD		Sale		25,900		5.1171 GBP
ORD		Sale		27,275		5.1444 GBP
ORD		Sale		28,329		5.1302 GBP
ORD		Sale		30,688		5.1758 GBP
ORD		Sale		34,199		5.1100 GBP
ORD		Sale		44,667		5.1799 GBP
ORD		Sale		65,966		5.1594 GBP
ORD		Sale		67,142		5.1090 GBP
ORD		Sale		74,004		5.1360 GBP
ORD		Sale		78,580		5.1118 GBP
ORD		Sale		97,576		5.1796 GBP
ORD		Sale		99,390		5.1152 GBP
ORD		Sale		106,547		5.1773 GBP
ORD		Sale		110,721		5.1406 GBP
ORD		Sale		167,199		5.0800 GBP
ORD		Sale		284,218		5.1853 GBP
ORD		Sale		369,000		5.1080 GBP
ORD		Sale		543,602		5.1000 GBP
ORD		Sale		593,280		5.1083 GBP
ORD		Sale		601,002		5.1565 GBP
ORD		Sale		1,262,015		5.1425 GBP
ORD		Sale		3,127,255		5.1101 GBP
ORD (traded as ADR)		Sale		600		15.9900 USD
ORD (traded as ADR)		Sale		92,540		16.0465 USD

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		SWAP		Long		1,100		5.2300 GBP
ORD		CFD		Long		3,564		5.2111 GBP
ORD		CFD		Long		11,743		5.0969 GBP
ORD		SWAP		Long		19,323		5.1276 GBP
ORD		SWAP		Long		24,232		5.1419 GBP
ORD		CFD		Long		25,900		5.1170 GBP
ORD		CFD		Long		104,522		5.1834 GBP
ORD		CFD		Long		226,295		5.1531 GBP
ORD		SWAP		Long		240,239		5.0998 GBP
ORD		CFD		Long		289,741		5.1634 GBP
ORD		CFD		Short		1,364		5.2075 GBP
ORD		CFD		Short		3,000		5.1904 GBP
ORD		CFD		Short		15,000		5.1605 GBP
ORD		SWAP		Short		18,326		5.1609 GBP
ORD		SWAP		Short		27,711		5.1597 GBP
ORD		CFD		Short		29,071		5.1013 GBP
ORD		SWAP		Short		30,975		5.1149 GBP
ORD		CFD		Short		39,080		5.1221 GBP
ORD		CFD		Short		51,940		5.0990 GBP
ORD		CFD		Short		57,097		5.1842 GBP
ORD		SWAP		Short		59,700		5.1034 GBP
ORD		SWAP		Short		84,824		5.1699 GBP
ORD		SWAP		Short		117,471		5.1737 GBP
ORD		CFD		Short		127,117		5.1027 GBP
ORD		SWAP		Short		162,940		5.1062 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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 exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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?	Â	YES
Date of disclosure:		26 Nov 2014
Contact name:		Jay Supaya
Telephone number:		0207 773 0635

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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	Â	BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:		Â
Name of offeror/offeree in relation to whose		AVIVA PLC
relevant securities this from relates:		Â

2. OPTIONS AND DERIVATIVES

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

Â

Â

Â

relates

Â

Â

Â

ORD

Call Options

Purchased

804,139

5.5612

European

25 Nov 2014

ORD

Call Options

Purchased

804,139

5.6110

European

11 Dec 2014

ORD

Put Options

Written

380,000

280.0000

American

19 Dec 2014

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:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.