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:		25 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	ORD
	Â			Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		5,163,204		0.18%		6,131,130		0.21%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		5,334,395		0.18%		2,646,959		0.09%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,184,139		0.04%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		11,681,738		0.40%		8,778,089		0.30%

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		228		5.0800 GBP
ORD		Purchase		478		5.1400 GBP
ORD		Purchase		684		5.1075 GBP
ORD		Purchase		1,317		5.1225 GBP
ORD		Purchase		1,669		5.1202 GBP
ORD		Purchase		1,692		5.0850 GBP
ORD		Purchase		1,786		5.0984 GBP
ORD		Purchase		1,893		5.0875 GBP
ORD		Purchase		4,767		5.1250 GBP
ORD		Purchase		4,958		5.1100 GBP
ORD		Purchase		6,147		5.0950 GBP
ORD		Purchase		6,659		5.1050 GBP
ORD		Purchase		6,845		5.1025 GBP
ORD		Purchase		8,843		5.0900 GBP
ORD		Purchase		9,926		5.0950 GBP
ORD		Purchase		10,945		5.1014 GBP
ORD		Purchase		11,273		5.0941 GBP
ORD		Purchase		11,608		5.0970 GBP
ORD		Purchase		12,911		5.1200 GBP
ORD (traded as ADR)		Purchase		13,570		16.0295 USD
ORD		Purchase		14,616		5.1150 GBP
ORD		Purchase		15,160		5.0975 GBP
ORD		Purchase		17,091		5.0859 GBP
ORD (traded as ADR)		Purchase		19,146		16.0391 USD
ORD		Purchase		24,458		5.1001 GBP
ORD		Purchase		29,538		5.1175 GBP
ORD		Purchase		33,714		5.1000 GBP
ORD		Purchase		43,138		5.1061 GBP
ORD		Purchase		43,746		5.1053 GBP
ORD		Purchase		63,754		5.1076 GBP
ORD		Purchase		64,248		5.1021 GBP
ORD		Purchase		121,104		5.1223 GBP
ORD		Purchase		205,514		5.1056 GBP
ORD		Purchase		210,581		5.0841 GBP
ORD		Purchase		456,387		5.0966 GBP
ORD		Purchase		825,975		5.0978 GBP
ORD		Purchase		3,306,725		5.0800 GBP
ORD		Sale		684		5.1075 GBP
ORD		Sale		1,317		5.1225 GBP
ORD		Sale		1,692		5.0850 GBP
ORD		Sale		1,893		5.0875 GBP
ORD		Sale		4,588		5.0956 GBP
ORD		Sale		4,767		5.1250 GBP
ORD		Sale		4,958		5.1100 GBP
ORD		Sale		6,845		5.1025 GBP
ORD		Sale		7,959		5.1050 GBP
ORD		Sale		8,843		5.0900 GBP
ORD		Sale		12,400		5.0800 GBP
ORD		Sale		12,911		5.1200 GBP
ORD (traded as ADR)		Sale		13,570		16.0295 USD
ORD		Sale		16,073		5.0950 GBP
ORD		Sale		17,652		5.0975 GBP
ORD		Sale		18,476		5.1007 GBP
ORD (traded as ADR)		Sale		19,146		16.0391 USD
ORD		Sale		19,421		5.0829 GBP
ORD		Sale		21,353		5.0982 GBP
ORD		Sale		21,949		5.1055 GBP
ORD		Sale		28,959		5.1067 GBP
ORD		Sale		38,246		5.1101 GBP
ORD		Sale		40,021		5.1000 GBP
ORD		Sale		43,533		5.1037 GBP
ORD		Sale		78,773		5.0974 GBP
ORD		Sale		116,254		5.1079 GBP
ORD		Sale		120,507		5.0989 GBP
ORD		Sale		130,293		5.0876 GBP
ORD		Sale		369,883		5.0800 GBP
ORD		Sale		3,632,216		5.0840 GBP

(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		CFD		Long		1,047		5.1232 GBP
ORD		SWAP		Long		1,500		5.1250 GBP
ORD		CFD		Long		4,588		5.0956 GBP
ORD		CFD		Long		11,200		5.1095 GBP
ORD		CFD		Long		19,421		5.0829 GBP
ORD		SWAP		Long		69,701		5.1062 GBP
ORD		SWAP		Long		100,011		5.1088 GBP
ORD		CFD		Short		7,000		5.1238 GBP
ORD		CFD		Short		11,273		5.0941 GBP
ORD		CFD		Short		12,800		5.0810 GBP
ORD		CFD		Short		17,091		5.0859 GBP
ORD		CFD		Short		56,546		5.1219 GBP
ORD		SWAP		Short		59,400		5.0818 GBP
ORD		SWAP		Short		63,754		5.1076 GBP
ORD		SWAP		Short		68,818		5.1085 GBP
ORD		SWAP		Short		100,737		5.0800 GBP
ORD		SWAP		Short		121,104		5.1223 GBP
ORD		CFD		Short		141,497		5.1033 GBP
ORD		SWAP		Short		210,581		5.0841 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:		Rajesh Muthanna
Telephone number:		020 3555 4634

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

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.