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:		11 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:		9,001,523		0.31%		7,893,159		0.27%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,985,160		0.17%		4,750,803		0.16%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		380,000		0.01%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		14,366,683		0.49%		12,643,962		0.43%

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		406		4.9010 GBP
ORD		Purchase		468		4.8890 GBP
ORD		Purchase		567		4.8745 GBP
ORD		Purchase		624		4.8870 GBP
ORD		Purchase		724		4.9210 GBP
ORD		Purchase		745		4.8910 GBP
ORD		Purchase		748		4.8744 GBP
ORD		Purchase		756		4.8570 GBP
ORD		Purchase		826		4.8770 GBP
ORD		Purchase		850		4.8810 GBP
ORD		Purchase		934		4.8750 GBP
ORD		Purchase		963		4.8860 GBP
ORD		Purchase		1,207		4.9190 GBP
ORD		Purchase		1,212		4.8900 GBP
ORD		Purchase		1,214		4.8780 GBP
ORD		Purchase		1,376		4.8800 GBP
ORD		Purchase		1,465		4.8830 GBP
ORD		Purchase		2,147		4.9060 GBP
ORD		Purchase		2,180		4.8840 GBP
ORD		Purchase		2,331		4.9080 GBP
ORD		Purchase		2,826		4.8960 GBP
ORD		Purchase		2,922		4.8730 GBP
ORD		Purchase		3,023		4.9030 GBP
ORD		Purchase		3,404		4.8880 GBP
ORD		Purchase		3,588		4.8767 GBP
ORD		Purchase		3,677		4.8852 GBP
ORD		Purchase		4,700		4.8858 GBP
ORD		Purchase		5,074		4.8760 GBP
ORD		Purchase		5,331		4.8932 GBP
ORD		Purchase		5,593		4.8877 GBP
ORD		Purchase		8,415		4.8777 GBP
ORD		Purchase		14,422		4.8925 GBP
ORD		Purchase		15,040		4.8773 GBP
ORD		Purchase		17,979		4.8783 GBP
ORD		Purchase		28,818		4.8806 GBP
ORD		Purchase		37,729		4.8812 GBP
ORD		Purchase		44,429		4.8835 GBP
ORD		Purchase		60,960		4.8849 GBP
ORD		Sale		1,544		4.9233 GBP
ORD		Purchase		1,405		4.9030 GBP
ORD		Purchase		113,569		4.8817 GBP
ORD		Purchase		118,286		4.8903 GBP
ORD		Sale		30		4.8763 GBP
ORD		Sale		406		4.9010 GBP
ORD		Sale		468		4.8890 GBP
ORD		Sale		624		4.8870 GBP
ORD		Sale		724		4.9210 GBP
ORD		Sale		745		4.8910 GBP
ORD		Sale		748		4.8744 GBP
ORD		Sale		756		4.8570 GBP
ORD		Sale		850		4.8810 GBP
ORD		Sale		934		4.8750 GBP
ORD		Sale		963		4.8860 GBP
ORD		Sale		1,207		4.9190 GBP
ORD		Sale		1,208		4.8904 GBP
ORD		Sale		1,212		4.8900 GBP
ORD		Sale		1,214		4.8780 GBP
ORD		Sale		1,376		4.8800 GBP
ORD		Sale		1,382		4.8841 GBP
ORD		Sale		1,465		4.8830 GBP
ORD		Sale		2,180		4.8840 GBP
ORD		Sale		2,214		4.9030 GBP
ORD		Sale		2,331		4.9080 GBP
ORD		Sale		2,341		4.8770 GBP
ORD		Sale		2,826		4.8960 GBP
ORD		Sale		2,922		4.8730 GBP
ORD		Sale		3,404		4.8880 GBP
ORD		Sale		3,692		4.9060 GBP
ORD		Sale		4,893		4.8765 GBP
ORD		Sale		5,074		4.8760 GBP
ORD		Sale		5,329		4.8813 GBP
ORD		Sale		8,620		4.8822 GBP
ORD		Sale		8,832		4.8823 GBP
ORD		Sale		10,494		4.8921 GBP
ORD		Sale		11,822		4.8916 GBP
ORD		Sale		30,400		4.8836 GBP
ORD		Sale		45,714		4.8752 GBP
ORD		Sale		60,743		4.8940 GBP
ORD		Sale		78,686		4.8954 GBP
ORD		Sale		144,404		4.8909 GBP
ORD		Sale		169,848		4.8923 GBP
ORD		Sale		185,000		4.8837 GBP
ORD		Sale		185,789		4.8818 GBP
ADR		Purchase		2,200		15.3295 USD
ADR		Purchase		8,433		15.2522 USD
ADR		Sale		2,200		15.3295 USD
ADR		Sale		8,433		15.2522 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		1,310		4.9197 GBP
ORD		CFD		Long		1,382		4.8841 GBP
ORD		CFD		Long		5,550		4.8877 GBP
ORD		SWAP		Long		42,672		4.8933 GBP
ORD		SWAP		Long		42,721		4.8995 GBP
ORD		SWAP		Long		45,714		4.8752 GBP
ORD		CFD		Long		24,130		4.8876 GBP
ORD		SWAP		Long		138,203		4.8932 GBP
ORD		CFD		Long		185,000		4.8837 GBP
ORD		SWAP		Long		194,395		4.8911 GBP
ORD		CFD		Short		567		4.8745 GBP
ORD		CFD		Short		4,000		4.8844 GBP
ORD		SWAP		Short		4,880		4.8746 GBP
ORD		SWAP		Short		19,200		4.8764 GBP
ORD		SWAP		Short		19,361		4.8770 GBP
ORD		SWAP		Short		23,869		4.8736 GBP
ORD		SWAP		Short		42,665		4.8921 GBP
ORD		SWAP		Short		116,966		4.8909 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:		12 Dec 2014
Contact name:		Sushil Vashisht
Telephone number:		020 7773 0744

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

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.