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:		4 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
				Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		12,355,525		0.42%		5,840,779		0.20%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,932,244		0.17%		10,119,621		0.34%
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:		18,471,908		0.63%		15,960,400		0.54%

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		297		5.0925 GBP
ORD		Purchase		310		5.0700 GBP
ORD		Purchase		1,500		5.0150 GBP
ORD		Purchase		1,603		5.0775 GBP
ORD		Purchase		1,749		5.1000 GBP
ORD		Purchase		1,915		5.0110 GBP
ORD		Purchase		2,392		5.0350 GBP
ORD		Purchase		2,941		5.0453 GBP
ORD		Purchase		2,975		5.1050 GBP
ORD		Purchase		3,002		5.0800 GBP
ORD		Purchase		4,480		5.0850 GBP
ORD		Purchase		5,218		5.0550 GBP
ORD		Purchase		6,681		5.0697 GBP
ORD		Purchase		7,841		5.0950 GBP
ORD		Purchase		7,881		5.0300 GBP
ORD		Purchase		8,000		5.0575 GBP
ORD		Purchase		9,742		5.0450 GBP
ORD		Purchase		10,015		5.0750 GBP
ORD		Purchase		10,272		5.0451 GBP
ORD		Purchase		10,322		5.0100 GBP
ORD		Purchase		10,596		5.0431 GBP
ORD		Purchase		11,070		5.0510 GBP
ORD		Purchase		13,800		5.0250 GBP
ORD		Purchase		14,200		5.0473 GBP
ORD		Purchase		33,501		5.0538 GBP
ORD		Purchase		37,270		5.0600 GBP
ORD		Purchase		37,781		5.0546 GBP
ORD		Purchase		40,097		5.0500 GBP
ORD		Purchase		58,217		5.0583 GBP
ORD		Purchase		59,312		5.0452 GBP
ORD		Purchase		62,855		5.0428 GBP
ORD		Purchase		138,152		5.0416 GBP
ORD		Purchase		478,629		5.0415 GBP
ORD		Sale		114		5.0961 GBP
ORD		Sale		297		5.0925 GBP
ORD		Sale		310		5.0700 GBP
ORD		Sale		410		5.0520 GBP
ORD		Sale		1,500		5.0150 GBP
ORD		Sale		1,749		5.1000 GBP
ORD		Sale		2,170		5.0161 GBP
ORD		Sale		2,392		5.0350 GBP
ORD		Sale		3,002		5.0800 GBP
ORD		Sale		4,480		5.0850 GBP
ORD		Sale		4,600		5.0100 GBP
ORD		Sale		5,562		5.1050 GBP
ORD		Sale		6,144		5.0809 GBP
ORD		Sale		6,275		5.0816 GBP
ORD		Sale		7,841		5.0950 GBP
ORD		Sale		7,881		5.0300 GBP
ORD		Sale		9,202		5.0837 GBP
ORD		Sale		9,742		5.0450 GBP
ORD		Sale		10,015		5.0750 GBP
ORD		Sale		10,431		5.0517 GBP
ORD		Sale		13,800		5.0250 GBP
ORD		Sale		14,223		5.0648 GBP
ORD		Sale		22,381		5.0536 GBP
ORD		Sale		25,898		5.0558 GBP
ORD		Sale		30,717		5.0506 GBP
ORD		Sale		36,457		5.0550 GBP
ORD		Sale		37,270		5.0600 GBP
ORD		Sale		39,375		5.0328 GBP
ORD		Sale		40,097		5.0500 GBP
ORD		Sale		59,735		5.0529 GBP
ORD		Sale		81,824		5.0570 GBP
ORD		Sale		261,021		5.0713 GBP
ADR		Purchase		300		15.7700 USD
ADR		Purchase		395		15.7450 USD
ADR		Sale		300		15.7700 USD
ADR		Sale		395		15.7450 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		410		5.0520 GBP
ORD		CFD		Long		806		5.0295 GBP
ORD		SWAP		Long		3,400		5.0752 GBP
ORD		SWAP		Long		14,956		5.0462 GBP
ORD		CFD		Long		15,000		5.1045 GBP
ORD		SWAP		Long		15,761		5.0548 GBP
ORD		SWAP		Long		15,813		5.0647 GBP
ORD		SWAP		Long		21,523		5.0659 GBP
ORD		SWAP		Long		25,500		5.0141 GBP
ORD		SWAP		Long		30,051		5.0671 GBP
ORD		CFD		Long		37,370		5.0336 GBP
ORD		CFD		Long		113,167		5.0893 GBP
ORD		SWAP		Long		131,169		5.0601 GBP
ORD		CFD		Short		600		5.0254 GBP
ORD		SWAP		Short		641		5.0101 GBP
ORD		CFD		Short		1,915		5.0110 GBP
ORD		SWAP		Short		2,300		5.0551 GBP
ORD		CFD		Short		4,483		5.0157 GBP
ORD		CFD		Short		6,113		5.0631 GBP
ORD		CFD		Short		22,576		5.0136 GBP
ORD		CFD		Short		24,363		5.0105 GBP
ORD		CFD		Short		36,736		5.0646 GBP
ORD		SWAP		Short		44,573		5.0649 GBP
ORD		CFD		Short		138,152		5.0416 GBP
ORD		CFD		Short		478,629		5.0415 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:		5 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.

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.