Director/PDMR Shareholding

RNS Number : 0944O

Aviva PLC

27 May 2020

 

27 May 2020

AVIVA PLC ("Aviva")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Aviva announces that:

Aviva Recruitment and Retention Share Award Plan (RRSAP)

· On 22 May 2020 the following PDMRs received Shares following the vesting of awards granted under the RRSAP. Awards granted under RRSAP were made to replace, on a like for like basis, deferred compensation they forfeited on resignation from their previous employers.

Name	Price at which Shares granted (pence)	Shares received RRSAP awards	No. of Shares sold to cover taxes and costs	No. of Shares received net of taxes and costs	Price at which Shares sold (pence)
Erica Arnold	421p	71,624	33,748	37,876	232.7p
Jan-Hendrik Erasmus	404p	23,118	10,893	12,225	232.7p

· These Shares vested in accordance with the rules of the RRSAP. The grant of awards under the RRSAP was for nil consideration. These awards under the RRSAP were granted at the following prices

· £4.21 in respect of the RRSAP for Erica Arnold, being the average of the mid-   market closing price of an Aviva ordinary share on the three consecutive business days immediately preceding 1 January 2020.

· £4.04 in respect of the RRSAP for Jan-Hendrik Erasmus, being the average of the mid-   market closing price of an Aviva ordinary share on the three consecutive business days immediately preceding 1 February 2020.

· The awards for Erica Arnold and Jan-Hendrik Erasmus are as announced on 25 March 2020. 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Media Enquiries:

Andrew Reid  [phone]

General Enquiries:

Elena Petrou, Company Secretarial    [phone]

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Erica Arnold
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AVIVA PLC
b)	LEI	YF0Y5B0IB8SM0ZFG9G81
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	-  SHARES -  GB0002162385
b)	Nature of transaction	VESTING OF 71,624 RRSAP SHARES. 33,748 SHARES SOLD TO COVER TAX LEAVING BALANCE OF 37,876 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£2.327	71,624
d)	Aggregated information -  Aggregated volume -  Price	-  £166,669.05	71,624
e)	Date of the transaction	2020-05-22
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jan-Hendrik Erasmus
2	Reason for the notification
a)	Position/status	Group Chief Risk Officer
b)	Initial notification/Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AVIVA PLC
b)	LEI	YF0Y5B0IB8SM0ZFG9G81
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	-  SHARES -  GB0002162385
b)	Nature of transaction	VESTING OF 23,118 RRSAP SHARES. 10,893 SHARES SOLD TO COVER TAX LEAVING BALANCE OF 12,225 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£2.327	23,118
d)	Aggregated information -  Aggregated volume -  Price	-  £53,795.59	23,118
e)	Date of the transaction	2020-05-22
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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