Director/PDMR Shareholding

RNS Number : 9273U

Aviva PLC

03 January 2012

 

Aviva plc Directors/Persons Discharging Managerial Responsibility -

Award of Phantom Units

3 January 2012

Aviva plc ("Aviva") announces that Trevor Matthews, Chief Executive of Aviva UK and an executive director of Aviva, has been granted an Award of Phantom Units equivalent to 373,271 (three hundred and seventy three thousand, two hundred and seventy one) Aviva plc ordinary shares of 25 pence each in connection with his recruitment.  This award was granted on 30 December 2011 under the rules of the Aviva Long Term Incentive Plan 2011 (LTIP).

The award will vest on 29 March 2014, subject to performance conditions which run from 1 January 2011 to 31 December 2013 and are consistent with the performance conditions for the LTIP awards granted to executive directors on 17 May 2011. On vesting, the award will be settled in cash in accordance with rule 4.4 of the LTIP.

This transaction took place in London.

Should you have any queries concerning this announcement, please contact Neil Wallace, Group Secretarial (020 7662 2227).

Russell Tullo, Deputy Group Company Secretary

Aviva plc

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4. Aviva was notified of the above transaction on 30 December 2011.

 

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