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:		10 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:		9,398,056		0.32%		7,649,723		0.26%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,871,079		0.17%		5,246,291		0.18%
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:		15,453,274		0.52%		12,896,014		0.44%

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		227		4.9520 GBP
ORD		Purchase		318		4.9200 GBP
ORD		Purchase		444		4.9420 GBP
ORD		Purchase		573		4.9570 GBP
ORD		Purchase		1,000		4.9600 GBP
ORD		Purchase		1,428		4.9440 GBP
ORD		Purchase		1,740		4.9490 GBP
ORD		Purchase		2,113		4.9383 GBP
ORD		Purchase		2,203		4.9466 GBP
ORD		Purchase		2,420		4.9450 GBP
ORD		Purchase		2,655		4.9530 GBP
ORD		Purchase		2,799		4.9499 GBP
ORD		Purchase		3,066		4.9310 GBP
ORD		Purchase		3,300		4.9510 GBP
ORD		Purchase		3,713		4.9470 GBP
ORD		Purchase		3,736		4.9464 GBP
ORD		Purchase		3,804		4.9460 GBP
ORD		Purchase		4,479		4.9480 GBP
ORD		Purchase		5,267		4.9673 GBP
ORD		Purchase		5,830		4.9500 GBP
ORD		Purchase		7,415		4.9468 GBP
ORD		Purchase		7,706		4.9430 GBP
ORD		Purchase		8,187		4.9474 GBP
ORD		Purchase		11,938		4.9442 GBP
ORD		Purchase		25,836		4.9456 GBP
ORD		Purchase		26,743		4.9471 GBP
ORD		Purchase		49,943		4.9447 GBP
ORD		Purchase		78,431		4.9449 GBP
ORD		Purchase		137,951		4.9467 GBP
ORD		Purchase		231,834		4.9425 GBP
ORD		Purchase		854,267		4.9390 GBP
ORD		Sale		227		4.9520 GBP
ORD		Sale		318		4.9200 GBP
ORD		Sale		444		4.9420 GBP
ORD		Sale		573		4.9570 GBP
ORD		Sale		1,000		4.9600 GBP
ORD		Sale		1,428		4.9440 GBP
ORD		Sale		1,533		4.9310 GBP
ORD		Sale		1,740		4.9490 GBP
ORD		Sale		1,862		4.9434 GBP
ORD		Sale		2,420		4.9450 GBP
ORD		Sale		2,655		4.9530 GBP
ORD		Sale		3,153		4.9392 GBP
ORD		Sale		3,300		4.9510 GBP
ORD		Sale		3,713		4.9470 GBP
ORD		Sale		3,804		4.9460 GBP
ORD		Sale		3,816		4.9422 GBP
ORD		Sale		4,173		4.9449 GBP
ORD		Sale		5,830		4.9500 GBP
ORD		Sale		6,987		4.9368 GBP
ORD		Sale		7,706		4.9430 GBP
ORD		Sale		8,541		4.9475 GBP
ORD		Sale		9,700		4.9442 GBP
ORD		Sale		13,042		4.9483 GBP
ORD		Sale		17,644		4.9482 GBP
ORD		Sale		24,387		4.9480 GBP
ORD		Sale		52,195		4.9453 GBP
ORD		Sale		391,741		4.9456 GBP
ORD		Sale		2,025,137		4.9260 GBP
ADR		Purchase		9,482		15.4968 USD
ADR		Purchase		18,435		15.5470 USD
ADR		Sale		9,482		15.4968 USD
ADR		Sale		18,435		15.5470 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		3,600		4.9412 GBP
ORD		CFD		Long		6,987		4.9368 GBP
ORD		SWAP		Long		13,000		4.9455 GBP
ORD		CFD		Long		15,674		4.9259 GBP
ORD		SWAP		Long		16,000		4.9443 GBP
ORD		SWAP		Long		21,690		4.9445 GBP
ORD		SWAP		Long		22,145		4.9438 GBP
ORD		CFD		Long		24,392		4.9395 GBP
ORD		SWAP		Long		57,345		4.9472 GBP
ORD		CFD		Long		182,726		4.9448 GBP
ORD		CFD		Long		106,308		4.9476 GBP
ORD		CFD		Long		2,009,463		4.9260 GBP
ORD		SWAP		Short		2,799		4.9499 GBP
ORD		CFD		Short		5,102		4.9432 GBP
ORD		SWAP		Short		5,267		4.9673 GBP
ORD		SWAP		Short		11,938		4.9442 GBP
ORD		SWAP		Short		27,713		4.9454 GBP
ORD		CFD		Short		36,870		4.9465 GBP
ORD		SWAP		Short		57,535		4.9437 GBP
ORD		SWAP		Short		100,297		4.9448 GBP
ORD		SWAP		Short		118,254		4.9413 GBP
ORD		SWAP		Short		147,790		4.9459 GBP
ORD		SWAP		Short		854,267		4.9390 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:		11 Dec 2014
Contact name:		James Gibson
Telephone number:		020 3555 4619

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.