Dividend Declaration

RNS Number : 1142F

Aviva PLC

05 March 2020

 

AVIVA PLC ("Aviva")

2019 FINAL DIVIDEND ON AVIVA PLC ORDINARY SHARES AND

DIVIDEND ON 8³/₄ % CUMULATIVE IRREDEEMABLE PREFERENCE SHARES

5 March 2020

Aviva announces that:

· On 4 March 2020, the Directors agreed a recommendation to shareholders of a final dividend of 21.4 pence per share on Aviva ordinary shares. Subject to shareholder approval at the 2020 Annual General Meeting, the final dividend for the year ending 31 December 2019 will be paid on 2 June 2020 to shareholders on the Register of Members at the close of business on the record date of 24 April 2020.  Holders of Aviva American Depository Receipts (ADRs) will be paid the dividend approximately four business days after the payment to ordinary shareholders. The last election date for the Dividend Reinvestment Plan (DRIP) is 11 May 2020.

In compliance with the rules issued by the Prudential Regulation Authority in relation to the implementation of the Solvency II (SII) regime and other regulatory requirements to which the Group is subject under the SII regime, the dividend is required to remain cancellable at any point prior to it becoming due and payable on 2 June 2020 and to be cancelled if, prior to payment, the Group ceases to hold capital resources equal to or in excess of its Solvency Capital Requirement, or if that would be the case if the dividend was paid. The directors have no intention of exercising this cancellation right, other than where required to do so by the Prudential Regulation Authority.

· On 4 March 2020, the Directors declared a dividend of 4³/₈% per share NET on 8³/₄% Cumulative Irredeemable Preference Shares. The dividend for the six month period ending 30 June 2020 will be paid on 30 June 2020 to shareholders on the Register of Members on the record date of 5 June 2020.

Enquiries:

Roy Tooley, Head of Secretariat - Corporate    [phone]

Kirstine Cooper,

Group General Counsel and Company Secretary  [phone]

Aviva plc

St Helen's, 1 Undershaft

London EC3P 3DQ

Registered in England

Number 2468686

 

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