Director/PDMR Shareholding

RNS Number : 9448T

Aviva PLC

30 March 2021

 

30 March 2021

AVIVA PLC ("Aviva")

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

Aviva announces:

Aviva Annual Bonus Plan 2011 (ABP), Aviva Long Term Incentive Plan 2011 (LTIP) and Aviva Recruitment and Retention Share Award Plan ("RRSAP")

On 26 March 2021, in London, and in line with the normal timetable, the following PDMRs  received Aviva ordinary shares of 25 pence each (Shares) following the vesting of awards -

· Granted in 2018, 2019 and 2020 under the ABP.

· Granted in 2018 under the LTIP. Prior to joining the Executive Committee (ExCO) certain PDMRs were granted Restricted Stock Unit (RSU) awards. The RSU awards made to Jason Windsor, Lindsey Rix and Mark Versey have personal performance conditions aligned with CRD IV requirements.

· Jan-Hendrik Erasmus and Mark Versey both had awards granted under the RRSAP in 2020 and 2019 respectively. The award for Jan-Hendrik Erasmus was to replace, on a like for like basis, deferred compensation forfeited on resignation from his previous employer. The award for Mark Versey was for retention and recognition purposes.

Name	ABP or LTIP/RSU	Price at which shares granted (pence)	Shares received from ABP, LTIP or RRSAP awards	No. of shares sold	Price at which shares sold (pence)
Jason Windsor	ABP (2018) ABP (2019) ABP (2020) RSU	504p 421p 229p 504p	6,981 6,395 23,472 52,364	- - - -	401.2p 401.2p 401.2p 401.2p
Nitinbhai Amin	ABP (2018) ABP (2019) ABP (2020)	504p 421p 229p	41,533 13,058 18,980	- - -	401.2p 401.2p 401.2p
Kirstine Cooper	ABP (2018) ABP (2019) ABP (2020)	504p 421p 229p	32,166 9,205 14,136	- - -	401.2p 401.2p 401.2p
Angela Darlington	ABP (2018) ABP (2019) ABP (2020)	504p 421p 229p	- - -	36,936 9,110 17,567	401.2p 401.2p 401.2p
Jan-Hendrik Erasmus	ABP (2020) RRSAP	229p 404p	14,303 -	- 11,225	401.2p 401.2p

Colm Holmes	ABP (2018) ABP (2019) ABP (2020) RSU	504p 421p 229p 504p	5,726 8,173 19,261 51,452	- - - -	401.2p 401.2p 401.2p 401.2p
Martin O'Malley	ABP (2020)	229p	5,544	-	401.2p
Lindsey Rix	ABP (2018) ABP (2019) ABP (2020) RSU	504p 421p 229p 504p	4,625 4,015 6,593 37,402	- - - -	401.2p 401.2p 401.2p 401.2p
Chetan Singh	ABP (2018) ABP (2019) ABP (2020) RSU	504p 421p 229p 504p	6,594 6,527 10,255 43,636	- - - -	401.2p 401.2p 401.2p 401.2p
Jason Storah	ABP (2018) ABP (2019) ABP (2020) RSU	504p 421p 229p 504p	551 2,743 8,837 15,293	- - - -	401.2p 401.2p 401.2p 401.2p
Mark Versey	RSU RRSAP	504p 421p	14,960 3,349	- -	401.2p 401.2p

· The releases under the ABP, LTIP and RRSAP include additional Shares received in lieu of dividends, which are subject to tax. The awards have been settled on a net-of-tax basis.

This announcement is made pursuant to Article 19 of the EU Market Abuse Regulation 596/2014. Aviva was notified of the above transactions on 26 March 2021.

Media Enquiries:

Andrew Reid  [phone]

Sarah Swailes  [phone]

General Enquiries:

Elena Petrou, Company Secretarial  [phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	JASON WINDSOR
2	Reason for the notification
a)	Position/status	CHEIF FINANCIAL 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 69,685 ABP 2018, 2019 AND 2020 SHARES AND 99,021 RSU 2018 SHARES. 89,212 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1. £4.012 2. £4.012		1. 89,212 2. 0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 357,918.54 2. £0		1. 89,212 2. 0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	NITINBHAI AMIN
2	Reason for the notification
a)	Position/status	CHIEF OPERATNG 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 139,125 ABP 2018, 2019 and 2020 SHARES 73,571 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  73,571 2.  0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 295,166.85 2. £0	1.  73,571 2.  0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	KIRSTINE COOPER
2	Reason for the notification
a)	Position/status	GROUP GENERAL COUNSEL AND COMPANY SECRETARY
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 104,968 ABP 2018, 2019 and 2020 SHARES 55,507 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  55,507 2.  0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 222,694.08 2. £0	1.  55,507 2.  0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	ANGELA DARLINGTON
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER, UK LIFE
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 120,595 ABP 2018, 2019 and 2020 SHARES 0 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  0 2.  63,614
d)	Aggregated information -  Aggregated volume -  Price	1. £4.012 2. £255,219.37	1.  0 2.  63,614
e)	Date of the transaction	2021-03-26
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 27,049 ABP 2020 SHARES AND 21,280 RRSAP SHARES. 14,303 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  14,303 2.  11,225
d)	Aggregated information -  Aggregated volume -  Price	1. £ 57,383.64 2. £ 45,034.70	1.  14,303 2.  11,225
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	COLM HOLMES
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER, GENERAL INSURANCE
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 66,859 ABP 2018, 2019 AND 2020 SHARES AND 103,736 RSU 2018 SHARES. 84,612 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  84,612 2.  0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 339,463.34 2. £0	1.  84,612 2.  0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	MARTIN O'MALLEY
2	Reason for the notification
a)	Position/status	GROUP CHIEF AUDIT 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 10,486 ABP 2020 SHARES. 5,544 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012   2. £4.012	1. 5,544 2. 0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 22,242.53 2. £0	1. 5,544 2. 0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	LINDSEY RIX
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER OF UK SAVINGS AND RETIREMENT
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 28,808 ABP 2018, 2019 AND 2020 SHARES AND 70,729 RSU 2018 SHARES. 52,635 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £4.012 2.  £4.012	1.  52,635 2.  0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 211,171.62 2. £0	1.  52,635 2.  0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	CHETAN SINGH
2	Reason for the notification
a)	Position/status	CHIEF STRATEGY AND M&A 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 44,208 ABP 2018, 2019 AND 2020 SHARES AND 82,518 RSU 2018 SHARES. 67,012SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1. £4.012 2. £4.012	1. 67,012 2. 0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 268,852.14 2. £0	1. 67,012 2. 0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	JASON STORAH
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER, AVIVA CANADA
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 26,184 ABP 2018, 2019 AND 2020 SHARES AND 33,007 RSU 2018 SHARES. 27,424 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1. £4.012 2. £4.012	1. 27,424 2. 0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 110,025.09 2. £0	1. 27,424 2. 0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	MARK VERSEY
2	Reason for the notification
a)	Position/status	CEO OF AVIVA INVESTORS
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 28,292 RSU 2018 SHARES AND 6,335 RRSAP SHARES. 18,309 SHARES RETAINED.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1. £4.012 2. £4.012	1. 18,309 2. 0
d)	Aggregated information -  Aggregated volume -  Price	1. £ 73,455.71 2. £0	1. 18,309 2. 0
e)	Date of the transaction	2021-03-26
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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