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:		27 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:		5,918,997		0.20%		5,931,352		0.20%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		5,204,696		0.18%		3,369,179		0.11%
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
											Â
		TOTAL:		12,307,832		0.42%		9,300,531		0.32%

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		827		5.0745 GBP
ORD		Purchase		1,259		5.0900 GBP
ORD		Purchase		3,260		5.0773 GBP
ORD		Purchase		6,232		5.0575 GBP
ORD		Purchase		7,319		5.0600 GBP
ORD		Purchase		7,932		5.0674 GBP
ORD		Purchase		11,511		5.0650 GBP
ORD		Purchase		12,507		5.0850 GBP
ORD		Purchase		16,172		5.0700 GBP
ORD		Purchase		21,169		5.0792 GBP
ORD		Purchase		30,324		5.0725 GBP
ORD		Purchase		37,147		5.0750 GBP
ORD		Purchase		37,585		5.0875 GBP
ORD		Purchase		37,643		5.0853 GBP
ORD		Purchase		38,272		5.0798 GBP
ORD		Purchase		48,415		5.0622 GBP
ORD		Purchase		59,855		5.0592 GBP
ORD		Purchase		79,818		5.0827 GBP
ORD		Purchase		90,558		5.0825 GBP
ORD		Purchase		92,990		5.0810 GBP
ORD		Purchase		102,816		5.0621 GBP
ORD		Purchase		123,987		5.0651 GBP
ORD		Purchase		151,656		5.0775 GBP
ORD		Purchase		161,879		5.0702 GBP
ORD		Purchase		298,502		5.0800 GBP
ORD		Purchase		506,384		5.0761 GBP
ORD		Purchase		558,662		5.0728 GBP
ORD		Purchase		673,813		5.0781 GBP
ORD		Purchase		804,139		5.0805 GBP
ORD		Sale		827		5.0745 GBP
ORD		Sale		1,954		5.0791 GBP
ORD		Sale		2,029		5.0600 GBP
ORD		Sale		3,736		5.0813 GBP
ORD		Sale		5,661		5.0724 GBP
ORD		Sale		6,232		5.0575 GBP
ORD		Sale		10,995		5.0759 GBP
ORD		Sale		11,511		5.0650 GBP
ORD		Sale		12,507		5.0850 GBP
ORD		Sale		13,183		5.0753 GBP
ORD		Sale		15,686		5.0700 GBP
ORD		Sale		17,822		5.0782 GBP
ORD		Sale		20,193		5.0774 GBP
ORD		Sale		30,324		5.0725 GBP
ORD		Sale		37,147		5.0750 GBP
ORD		Sale		37,585		5.0875 GBP
ORD		Sale		43,721		5.0819 GBP
ORD		Sale		56,388		5.0786 GBP
ORD		Sale		59,271		5.0733 GBP
ORD		Sale		63,559		5.0732 GBP
ORD		Sale		77,384		5.0746 GBP
ORD		Sale		90,558		5.0825 GBP
ORD		Sale		116,252		5.0780 GBP
ORD		Sale		117,426		5.0900 GBP
ORD		Sale		151,656		5.0775 GBP
ORD		Sale		173,442		5.0779 GBP
ORD		Sale		229,839		5.0768 GBP
ORD		Sale		269,053		5.0808 GBP
ORD		Sale		335,491		5.0757 GBP
ORD		Sale		394,997		5.0800 GBP
ORD		Sale		1,003,914		5.0730 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		2,600		5.0661 GBP
ORD		CFD		Long		2,635		5.0780 GBP
ORD		CFD		Long		3,026		5.0677 GBP
ORD		SWAP		Long		10,612		5.0798 GBP
ORD		CFD		Long		10,995		5.0759 GBP
ORD		SWAP		Long		13,183		5.0753 GBP
ORD		SWAP		Long		22,600		5.0843 GBP
ORD		CFD		Long		13,599		5.0813 GBP
ORD		CFD		Long		44,346		5.0787 GBP
ORD		CFD		Short		3,260		5.0773 GBP
ORD		SWAP		Short		7,932		5.0674 GBP
ORD		SWAP		Short		16,473		5.0764 GBP
ORD		SWAP		Short		19,200		5.0819 GBP
ORD		CFD		Short		18,034		5.0806 GBP
ORD		CFD		Short		37,643		5.0853 GBP
ORD		SWAP		Short		53,772		5.0652 GBP
ORD		SWAP		Short		79,818		5.0827 GBP
ORD		CFD		Short		474,271		5.0737 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:		28 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.