1 April 2011
AVIVA PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')
Andrew Moss, Mark Hodges and Igal Mayer (Executive Directors) and John Ainley, Simon Machell, Amanda Mackenzie and Robin Spencer (PDMRs) were granted awards over Aviva plc ordinary shares of 25 pence each under the Aviva Annual Bonus Plan 2005 (ABP) and the Aviva Long Term Incentive Plan 2005 (LTIP) on 31 March 2008. In accordance with the rules of these Plans, the awards have now vested and the number of shares specified below were released, for no consideration, on 31 March 2011. The releases under the ABP included additional shares received in lieu of dividends. The awards have been settled on a net of tax basis.
The details are as follows:
Director / PDMR |
A Moss |
M Hodges |
I Mayer |
J Ainley |
S Machell |
A Mackenzie |
R Spencer |
Shares received
|
156,742 |
74,474 |
29,542* |
49,249 |
98,709 |
17,480* |
24,428* |
*These shares represent awards under the LTIP only.
On 31 March 2011, Mr Ainley transferred 24,625 Aviva plc ordinary shares, for no consideration, through a non-market transfer.
On 31 March 2011, Mr Moss sold 156,742 Aviva plc ordinary shares, Mr Machell sold 98,709 Aviva plc ordinary shares and Ms Mackenzie sold 13,110 Aviva plc ordinary shares, at a sale price of 434.89 pence per share.
Should you have any queries concerning this announcement please contact Neil Wallace, Group Secretarial, Aviva plc (020 7662 2227)
Kirstine Cooper, Group General Counsel and Company Secretary
Aviva plc
London
This notification is made pursuant to Disclosure Rule 3.1.4. Aviva was notified of the above transactions on 31 March 2011.