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:		1 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	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		5,415,099		0.18%		6,051,088		0.21%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		5,560,172		0.19%		3,037,008		0.10%
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:		12,159,410		0.41%		9,088,096		0.31%

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		287		5.0650 GBP
ORD		Purchase		469		4.9998 GBP
ORD		Purchase		543		4.9859 GBP
ORD		Purchase		664		4.9949 GBP
ORD		Purchase		702		5.0675 GBP
ORD		Purchase		713		5.0625 GBP
ORD		Purchase		726		4.9820 GBP
ORD		Purchase		741		4.9935 GBP
ORD		Purchase		765		4.9815 GBP
ORD		Purchase		800		4.9865 GBP
ORD		Purchase		903		4.9885 GBP
ORD		Purchase		1,057		4.9945 GBP
ORD		Purchase		1,089		4.9905 GBP
ORD		Purchase		1,370		4.9830 GBP
ORD		Purchase		1,518		4.9860 GBP
ORD		Purchase		1,711		5.0550 GBP
ORD		Purchase		1,820		4.9925 GBP
ORD		Purchase		1,860		4.9960 GBP
ORD		Purchase		1,894		4.9800 GBP
ORD		Purchase		1,896		5.0575 GBP
ORD		Purchase		2,115		4.9890 GBP
ORD		Purchase		2,145		4.9880 GBP
ORD		Purchase		2,484		4.9810 GBP
ORD		Purchase		2,556		4.9920 GBP
ORD		Purchase		3,893		4.9915 GBP
ORD		Purchase		3,951		5.0000 GBP
ORD		Purchase		5,267		5.0275 GBP
ORD		Purchase		5,933		5.0103 GBP
ORD		Purchase		6,473		5.0125 GBP
ORD		Purchase		6,577		4.9910 GBP
ORD		Purchase		7,261		5.0150 GBP
ORD		Purchase		7,293		4.9981 GBP
ORD		Purchase		9,578		5.0136 GBP
ORD		Purchase		10,221		5.0168 GBP
ORD		Purchase		11,036		5.0075 GBP
ORD		Purchase		15,393		5.0089 GBP
ORD		Purchase		19,014		5.0092 GBP
ORD		Purchase		24,212		5.0050 GBP
ORD		Purchase		25,172		4.9943 GBP
ORD		Purchase		25,675		5.0126 GBP
ORD		Purchase		26,131		5.0100 GBP
ORD		Purchase		30,106		5.0170 GBP
ORD		Purchase		31,457		5.0056 GBP
ORD		Purchase		38,744		4.9930 GBP
ORD		Purchase		64,092		5.0169 GBP
ORD		Purchase		71,855		4.9983 GBP
ORD		Purchase		72,434		4.9917 GBP
ORD		Purchase		179,844		5.0192 GBP
ORD		Purchase		197,625		4.9940 GBP
ORD		Purchase		390,431		4.9900 GBP
ORD		Purchase		504,339		5.0025 GBP
ORD		Sale		58		4.9919 GBP
ORD		Sale		107		4.9950 GBP
ORD		Sale		287		5.0650 GBP
ORD		Sale		469		4.9998 GBP
ORD		Sale		543		4.9859 GBP
ORD		Sale		664		4.9949 GBP
ORD		Sale		702		5.0675 GBP
ORD		Sale		713		5.0625 GBP
ORD		Sale		726		4.9820 GBP
ORD		Sale		741		4.9935 GBP
ORD		Sale		765		4.9815 GBP
ORD		Sale		791		5.0550 GBP
ORD		Sale		820		5.0045 GBP
ORD		Sale		903		4.9885 GBP
ORD		Sale		1,057		4.9945 GBP
ORD		Sale		1,089		4.9905 GBP
ORD		Sale		1,324		4.9846 GBP
ORD		Sale		1,370		4.9830 GBP
ORD		Sale		1,518		4.9860 GBP
ORD		Sale		1,820		4.9925 GBP
ORD		Sale		1,860		4.9960 GBP
ORD		Sale		1,894		4.9800 GBP
ORD		Sale		1,896		5.0575 GBP
ORD		Sale		2,145		4.9880 GBP
ORD		Sale		2,219		4.9890 GBP
ORD		Sale		2,484		4.9810 GBP
ORD		Sale		2,818		4.9930 GBP
ORD		Sale		3,893		4.9915 GBP
ORD		Sale		3,951		5.0000 GBP
ORD		Sale		4,342		5.0025 GBP
ORD		Sale		4,858		5.0177 GBP
ORD		Sale		4,967		5.0076 GBP
ORD		Sale		5,267		5.0275 GBP
ORD		Sale		5,461		5.0150 GBP
ORD		Sale		6,074		4.9922 GBP
ORD		Sale		6,473		5.0125 GBP
ORD		Sale		6,577		4.9910 GBP
ORD		Sale		6,870		5.0038 GBP
ORD		Sale		9,804		5.0079 GBP
ORD		Sale		11,036		5.0075 GBP
ORD		Sale		11,338		5.0071 GBP
ORD		Sale		16,853		5.0077 GBP
ORD		Sale		20,605		5.0101 GBP
ORD		Sale		20,990		5.0005 GBP
ORD		Sale		23,026		5.0050 GBP
ORD		Sale		24,515		4.9989 GBP
ORD		Sale		26,331		5.0100 GBP
ORD		Sale		34,999		5.0041 GBP
ORD		Sale		44,490		5.0014 GBP
ORD		Sale		47,077		5.0027 GBP
ORD		Sale		47,220		4.9948 GBP
ORD		Sale		65,414		5.0158 GBP
ORD		Sale		66,565		5.0047 GBP
ORD		Sale		104,626		4.9941 GBP
ORD		Sale		116,167		5.0260 GBP
ORD		Sale		118,638		4.9900 GBP
ORD		Sale		119,393		5.0017 GBP
ORD		Sale		198,669		4.9920 GBP
ORD		Sale		274,198		5.0124 GBP
ORD		Sale		378,699		4.9944 GBP
ORD		Sale		580,542		4.9940 GBP
ADR		Purchase		400		15.7700 USD
ADR		Purchase		12,831		15.7138 USD
ADR		Sale		400		15.7700 USD
ADR		Sale		12,831		15.7138 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		CFD		Long		4,967		5.0076 GBP
ORD		CFD		Long		25,662		4.9918 GBP
ORD		CFD		Long		34,565		5.0021 GBP
ORD		CFD		Long		19,650		4.9856 GBP
ORD		SWAP		Long		43,012		5.0050 GBP
ORD		SWAP		Long		64,628		5.0010 GBP
ORD		CFD		Long		72,977		5.0800 GBP
ORD		CFD		Long		104,855		5.0402 GBP
ORD		CFD		Long		367,549		4.9939 GBP
ORD		CFD		Short		800		4.9924 GBP
ORD		SWAP		Short		5,933		5.0103 GBP
ORD		CFD		Short		14,324		4.9933 GBP
ORD		SWAP		Short		21,952		5.0301 GBP
ORD		CFD		Short		25,172		4.9943 GBP
ORD		CFD		Short		25,274		5.0040 GBP
ORD		SWAP		Short		35,926		4.9930 GBP
ORD		SWAP		Short		42,650		5.0160 GBP
ORD		CFD		Short		72,977		5.0800 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:		2 Dec 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.