Director/PDMR Shareholding

Aviva PLC

26 May 2023

 

26 May 2023

AVIVA PLC ("Aviva")

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

Aviva announces that:

On 25 May 2023 Mark Versey, CEO of Aviva Investors and PDMR, exercised his 2019 SAYE option at an option price of £2.84  and retained all the shares acquired. Full details of the share purchase are set out below.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

Enquiries:

Media:

Andrew Reid                                                                                                 [phone]

Sarah Swailes                                                                                                [phone]

Marion Fischer                                                                                             [phone]

Analysts:                                                                                                                                 

Rupert Taylor Rea                                                                                                     [phone]

Joel von Sternberg                                                                    [phone]

Michael O'Hara                                                                                               [phone]

Notes to editors:

·    We are one of the UK's leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.

·    We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we'll be there to put it right.

·    We have been taking care of people for more than 325 years, in line with our purpose of being 'with you today, for a better tomorrow'. In 2022, we paid £23.2 billion in claims and benefits to our customers.

·      Aviva is a market leader in sustainability. In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability

·    While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at https://www.aviva.com/sustainability/climate/

·    Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/

·    As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder surplus is £8.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

·    For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us  

·    The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images,  podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.

·    You can follow us on:

o  Twitter: www.twitter.com/avivaplc/  

o  LinkedIn: www.linkedin.com/company/aviva-plc 

o  Instagram: www.instagram.com/avivaplc

·    For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva 

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	MARK VERSEY
2	Reason for the notification
a)	Position/status	Chief Executive Officer, 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 GB00BPQY8M80
b)	Nature of transaction	Exercised of 6,338 options grated under the 2019 Save As You Earn (SAYE) scheme at an option price of £2.84.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£2.84	6,338 (exercised and retained)
d)	Aggregated information -       Aggregated volume -       Price	-       £2.84 per share -       Total Price £17,999.92	6,338 total shares
e)	Date of the transaction	2023-05-25
f)	Place of the transaction	Outside a trading venue

 

END