24 March 2010
AVIVA PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')
Andrew Moss and Mark Hodges (Executive Directors), John Ainley, Simon Machell, Igal Mayer, and Robin Spencer (PDMRs) were granted awards over ordinary shares of 25 pence each under the Aviva Annual Bonus Plan (ABP) and the Aviva Long Term Incentive Plan (LTIP) on 23 March 2007. 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 23 March 2010. 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
|
J Ainley
|
S Machell
|
I Mayer
|
R Spencer
|
Shares received
|
86,612
|
43,719
|
34,909
|
62,183
|
11,802*
|
4,372*
|
*These shares represent an award under the LTIP only.
On 23 March 2010 Mr Ainley transferred 17,455 ordinary shares of 25 pence each, for no consideration, through a non market transfer.
On 23 March 2010 Mr Spencer sold 4,372 shares at a sale price of 400.74 pence per share.
Should you have any queries concerning this announcement please contact Joanne Bujak, Group Secretarial, Aviva plc (020 7662 2563)
K A Cooper, Deputy Group Company Secretary
This notification is made pursuant to Disclosure Rule 3.1.4. Aviva was notified of the above transactions on 23 March 2010.