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:		9 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:		8,901,448		0.30%		6,057,817		0.21%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,979,819		0.17%		6,450,329		0.22%
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:		15,065,406		0.51%		12,508,146		0.42%

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		271		4.9190 GBP
ORD		Purchase		312		4.9370 GBP
ORD		Purchase		451		4.9340 GBP
ORD		Purchase		599		4.9431 GBP
ORD		Purchase		625		4.9460 GBP
ORD		Purchase		728		4.9470 GBP
ORD		Purchase		728		4.9490 GBP
ORD		Purchase		728		5.0325 GBP
ORD		Purchase		729		4.9321 GBP
ORD		Purchase		732		4.9245 GBP
ORD		Purchase		733		4.9475 GBP
ORD		Purchase		745		4.9175 GBP
ORD		Purchase		750		4.9291 GBP
ORD		Purchase		754		4.9200 GBP
ORD		Purchase		819		4.9191 GBP
ORD		Purchase		826		4.9380 GBP
ORD		Purchase		861		4.9390 GBP
ORD		Purchase		925		4.9427 GBP
ORD		Purchase		930		4.9335 GBP
ORD		Purchase		1,119		4.9351 GBP
ORD		Purchase		1,130		4.9180 GBP
ORD		Purchase		1,174		4.9355 GBP
ORD		Purchase		1,232		4.9480 GBP
ORD		Purchase		1,332		4.9395 GBP
ORD		Purchase		1,456		5.0275 GBP
ORD		Purchase		1,520		4.9325 GBP
ORD		Purchase		1,633		4.9186 GBP
ORD		Purchase		1,646		4.9590 GBP
ORD		Purchase		1,741		4.9350 GBP
ORD		Purchase		1,763		4.9290 GBP
ORD		Purchase		1,848		4.9960 GBP
ORD		Purchase		1,869		4.9420 GBP
ORD		Purchase		1,869		4.9600 GBP
ORD		Purchase		2,045		4.9465 GBP
ORD		Purchase		2,328		5.0150 GBP
ORD		Purchase		2,356		4.9220 GBP
ORD		Purchase		2,371		4.9330 GBP
ORD		Purchase		2,424		4.9300 GBP
ORD		Purchase		2,508		4.9305 GBP
ORD		Purchase		2,632		5.0100 GBP
ORD		Purchase		2,698		4.9373 GBP
ORD		Purchase		2,836		4.9275 GBP
ORD		Purchase		3,364		5.0350 GBP
ORD		Purchase		3,755		5.0000 GBP
ORD		Purchase		4,100		4.9668 GBP
ORD		Purchase		4,800		5.0143 GBP
ORD		Purchase		4,965		5.0050 GBP
ORD		Purchase		5,058		4.9320 GBP
ORD		Purchase		6,414		4.9494 GBP
ORD		Purchase		6,456		4.9602 GBP
ORD		Purchase		7,013		4.9260 GBP
ORD		Purchase		7,622		4.9665 GBP
ORD		Purchase		8,900		4.9249 GBP
ORD		Purchase		9,025		4.9439 GBP
ORD		Purchase		9,244		5.0250 GBP
ORD		Purchase		9,502		4.9546 GBP
ORD		Purchase		9,688		4.9640 GBP
ORD		Purchase		12,357		4.9293 GBP
ORD		Purchase		13,339		5.0300 GBP
ORD		Purchase		13,803		5.0256 GBP
ORD		Purchase		22,296		5.0144 GBP
ORD		Purchase		26,839		4.9764 GBP
ORD		Purchase		27,181		4.9662 GBP
ORD		Purchase		33,690		4.9824 GBP
ORD		Purchase		44,628		5.0025 GBP
ORD		Purchase		45,975		4.9457 GBP
ORD		Purchase		55,250		4.9581 GBP
ORD		Purchase		80,170		4.9714 GBP
ORD		Purchase		99,916		4.9442 GBP
ORD		Purchase		104,992		4.9703 GBP
ORD		Sale		54		4.9413 GBP
ORD		Sale		271		4.9190 GBP
ORD		Sale		312		4.9370 GBP
ORD		Sale		451		4.9340 GBP
ORD		Sale		599		4.9431 GBP
ORD		Sale		728		4.9470 GBP
ORD		Sale		728		4.9490 GBP
ORD		Sale		728		5.0325 GBP
ORD		Sale		729		4.9321 GBP
ORD		Sale		732		4.9245 GBP
ORD		Sale		733		4.9475 GBP
ORD		Sale		745		4.9175 GBP
ORD		Sale		750		4.9291 GBP
ORD		Sale		750		4.9460 GBP
ORD		Sale		754		4.9200 GBP
ORD		Sale		819		4.9191 GBP
ORD		Sale		826		4.9380 GBP
ORD		Sale		861		4.9390 GBP
ORD		Sale		925		4.9427 GBP
ORD		Sale		930		4.9335 GBP
ORD		Sale		1,119		4.9351 GBP
ORD		Sale		1,130		4.9180 GBP
ORD		Sale		1,174		4.9355 GBP
ORD		Sale		1,232		4.9480 GBP
ORD		Sale		1,332		4.9395 GBP
ORD		Sale		1,400		5.0239 GBP
ORD		Sale		1,456		5.0275 GBP
ORD		Sale		1,520		4.9325 GBP
ORD		Sale		1,628		5.0025 GBP
ORD		Sale		1,633		4.9186 GBP
ORD		Sale		1,646		4.9590 GBP
ORD		Sale		1,741		4.9350 GBP
ORD		Sale		1,763		4.9290 GBP
ORD		Sale		1,848		4.9960 GBP
ORD		Sale		1,869		4.9420 GBP
ORD		Sale		1,869		4.9600 GBP
ORD		Sale		2,045		4.9465 GBP
ORD		Sale		2,328		5.0150 GBP
ORD		Sale		2,356		4.9220 GBP
ORD		Sale		2,371		4.9330 GBP
ORD		Sale		2,418		4.9665 GBP
ORD		Sale		2,424		4.9300 GBP
ORD		Sale		2,508		4.9305 GBP
ORD		Sale		2,632		5.0100 GBP
ORD		Sale		2,641		4.9412 GBP
ORD		Sale		2,718		4.9523 GBP
ORD		Sale		2,836		4.9275 GBP
ORD		Sale		3,254		4.9489 GBP
ORD		Sale		3,364		5.0350 GBP
ORD		Sale		3,755		5.0000 GBP
ORD		Sale		4,965		5.0050 GBP
ORD		Sale		5,058		4.9320 GBP
ORD		Sale		6,766		5.0055 GBP
ORD		Sale		7,225		4.9313 GBP
ORD		Sale		8,365		4.9499 GBP
ORD		Sale		9,244		5.0250 GBP
ORD		Sale		13,339		5.0300 GBP
ORD		Sale		13,683		4.9650 GBP
ORD		Sale		18,457		4.9571 GBP
ORD		Sale		19,056		5.0086 GBP
ORD		Sale		20,982		4.9507 GBP
ORD		Sale		32,923		4.9434 GBP
ORD		Sale		71,300		4.9391 GBP
ORD		Sale		94,051		4.9260 GBP
ORD		Sale		138,964		4.9356 GBP
ORD		Sale		186,015		4.9598 GBP
ADR		Purchase		785		15.5184 USD
ADR		Purchase		3,814		15.4117 USD
ADR		Sale		785		15.5184 USD
ADR		Sale		3,814		15.4117 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		600		5.0300 GBP
ORD		SWAP		Long		1,400		5.0239 GBP
ORD		CFD		Long		7,225		4.9313 GBP
ORD		CFD		Long		15,762		5.0233 GBP
ORD		SWAP		Long		24,615		4.9301 GBP
ORD		SWAP		Long		52,899		4.9557 GBP
ORD		CFD		Long		71,300		4.9391 GBP
ORD		CFD		Long		121,869		4.9568 GBP
ORD		CFD		Long		138,964		4.9356 GBP
ORD		CFD		Short		1,570		4.9436 GBP
ORD		SWAP		Short		1,899		5.0129 GBP
ORD		CFD		Short		2,698		4.9373 GBP
ORD		CFD		Short		3,225		4.9275 GBP
ORD		CFD		Short		3,231		4.9930 GBP
ORD		CFD		Short		4,100		4.9668 GBP
ORD		SWAP		Short		6,600		5.0145 GBP
ORD		SWAP		Short		7,700		5.0169 GBP
ORD		SWAP		Short		9,688		4.9640 GBP
ORD		SWAP		Short		12,357		4.9293 GBP
ORD		CFD		Short		13,139		4.9897 GBP
ORD		CFD		Short		14,247		4.9276 GBP
ORD		CFD		Short		27,181		4.9662 GBP
ORD		SWAP		Short		54,467		4.9795 GBP
ORD		SWAP		Short		73,263		4.9660 GBP
ORD		CFD		Short		278,920		4.9607 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:		10 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.