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

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

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

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:		12 December 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	ORD
	Â			Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		9,666,388		0.33%		7,818,010		0.27%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,923,906		0.17%		5,436,980		0.18%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		380,000		0.01%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		14,970,294		0.51%		13,254,990		0.45%

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		418		4.8190 GBP
ORD		Purchase		617		4.7700 GBP
ORD		Purchase		698		4.8490 GBP
ORD		Purchase		702		4.7780 GBP
ORD		Purchase		950		4.7756 GBP
ORD		Purchase		968		4.7260 GBP
ORD		Purchase		980		4.7243 GBP
ORD		Purchase		1,423		4.7720 GBP
ORD		Purchase		1,423		4.7770 GBP
ORD		Purchase		1,440		4.7580 GBP
ORD		Purchase		1,457		4.7660 GBP
ORD		Purchase		1,600		4.8140 GBP
ORD		Purchase		1,619		4.7820 GBP
ORD		Purchase		1,915		4.7200 GBP
ORD		Purchase		2,102		4.7764 GBP
ORD		Purchase		2,240		4.7480 GBP
ORD		Purchase		2,546		4.7690 GBP
ORD		Purchase		2,671		4.7760 GBP
ORD		Purchase		3,171		4.7590 GBP
ORD		Purchase		4,286		4.7636 GBP
ORD		Purchase		5,251		4.7276 GBP
ORD		Purchase		8,787		4.7758 GBP
ORD		Purchase		8,983		4.7395 GBP
ORD		Purchase		11,640		4.7623 GBP
ORD		Purchase		26,800		4.7039 GBP
ORD		Purchase		38,813		4.7297 GBP
ORD		Purchase		55,500		4.6991 GBP
ORD		Purchase		58,709		4.7265 GBP
ORD		Purchase		64,325		4.7406 GBP
ORD		Purchase		81,888		4.7600 GBP
ORD		Purchase		95,611		4.6800 GBP
ORD		Purchase		97,972		4.7612 GBP
ORD		Purchase		244,129		4.7650 GBP
ORD		Purchase		350,999		4.7681 GBP
ORD		Sale		11		4.7536 GBP
ORD		Sale		20		4.7505 GBP
ORD		Sale		300		4.8160 GBP
ORD		Sale		418		4.8190 GBP
ORD		Sale		617		4.7700 GBP
ORD		Sale		698		4.8490 GBP
ORD		Sale		702		4.7780 GBP
ORD		Sale		950		4.7756 GBP
ORD		Sale		957		4.7600 GBP
ORD		Sale		968		4.7260 GBP
ORD		Sale		1,423		4.7720 GBP
ORD		Sale		1,423		4.7770 GBP
ORD		Sale		1,457		4.7660 GBP
ORD		Sale		1,600		4.8140 GBP
ORD		Sale		1,619		4.7820 GBP
ORD		Sale		1,915		4.7200 GBP
ORD		Sale		2,240		4.7480 GBP
ORD		Sale		2,546		4.7690 GBP
ORD		Sale		2,671		4.7760 GBP
ORD		Sale		2,841		4.7336 GBP
ORD		Sale		3,011		4.7669 GBP
ORD		Sale		3,145		4.7942 GBP
ORD		Sale		3,171		4.7590 GBP
ORD		Sale		3,497		4.7711 GBP
ORD		Sale		3,523		4.7580 GBP
ORD		Sale		4,608		4.7765 GBP
ORD		Sale		7,914		4.7058 GBP
ORD		Sale		8,880		4.7755 GBP
ORD		Sale		9,206		4.7707 GBP
ORD		Sale		15,042		4.7783 GBP
ORD		Sale		83,479		4.7310 GBP
ORD		Sale		103,028		4.6800 GBP
ORD		Sale		160,833		4.7293 GBP
ADR		Purchase		430		14.9411 USD
ADR		Purchase		4,771		14.6350 USD
ADR		Sale		430		14.9411 USD
ADR		Sale		4,771		14.6350 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		1,500		4.8275 GBP
ORD		SWAP		Long		2,400		4.8456 GBP
ORD		CFD		Long		7,914		4.7058 GBP
ORD		CFD		Long		13,700		4.8064 GBP
ORD		SWAP		Long		28,866		4.7741 GBP
ORD		CFD		Short		660		4.7660 GBP
ORD		CFD		Short		980		4.7243 GBP
ORD		CFD		Short		17,294		4.7666 GBP
ORD		SWAP		Short		26,800		4.7038 GBP
ORD		SWAP		Short		34,455		4.7766 GBP
ORD		CFD		Short		32,282		4.7777 GBP
ORD		SWAP		Short		65,382		4.7595 GBP
ORD		SWAP		Short		80,448		4.7857 GBP
ORD		SWAP		Short		145,445		4.7586 GBP
ORD		CFD		Short		151,883		4.7694 GBP
ORD		SWAP		Short		246,182		4.7589 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:		15 Dec 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].

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

143221.01

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

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.