Form 8.5 (EPT/RI) - Aviva plc

Morgan Stanley & Co. Int'l plc

02 December 2024

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Aviva plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Direct Line Insurance Group plc
(d) Date dealing undertaken:	29 November 2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES-Direct Line Insurance Group plc

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
32 17/19p ordinary	SALES	4,337,703	4.8372 GBP	4.7750 GBP
32 17/19p ordinary	PURCHASES	3,204,789	4.8373 GBP	4.7790 GBP
32 17/19p ordinary	PURCHASES	4,724	5.8152 EUR	5.8152 EUR

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
32 17/19p ordinary	CFD	increasing a long position	1,000	4.7753 GBP
32 17/19p ordinary	CFD	increasing a long position	5,885	4.7918 GBP
32 17/19p ordinary	CFD	increasing a long position	1,177	4.7940 GBP
32 17/19p ordinary	CFD	increasing a long position	11,157	4.8002 GBP
32 17/19p ordinary	CFD	increasing a long position	59,380	4.8009 GBP
32 17/19p ordinary	CFD	increasing a long position	451	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	23,380	4.8101 GBP
32 17/19p ordinary	CFD	increasing a long position	7,579	4.8114 GBP
32 17/19p ordinary	CFD	increasing a long position	6,058	4.8114 GBP
32 17/19p ordinary	CFD	increasing a long position	56,639	4.8114 GBP
32 17/19p ordinary	CFD	increasing a long position	18,915	4.8114 GBP
32 17/19p ordinary	CFD	increasing a long position	3,146	4.8114 GBP
32 17/19p ordinary	CFD	increasing a long position	1,885	4.8122 GBP
32 17/19p ordinary	CFD	increasing a long position	573	4.8135 GBP
32 17/19p ordinary	CFD	increasing a long position	36,034	4.8173 GBP
32 17/19p ordinary	CFD	increasing a long position	30,543	4.8272 GBP
32 17/19p ordinary	CFD	increasing a long position	6,679	4.8286 GBP
32 17/19p ordinary	CFD	increasing a long position	7,858	4.8286 GBP
32 17/19p ordinary	CFD	increasing a long position	98,382	4.8296 GBP
32 17/19p ordinary	CFD	increasing a long position	5,073	4.8343 GBP
32 17/19p ordinary	CFD	increasing a long position	19,847	4.8349 GBP
32 17/19p ordinary	CFD	increasing a long position	36,644	4.8358 GBP
32 17/19p ordinary	CFD	increasing a long position	20,341	4.8370 GBP
32 17/19p ordinary	CFD	increasing a long position	27,919	4.8370 GBP
32 17/19p ordinary	CFD	increasing a long position	1,014	4.8370 GBP
32 17/19p ordinary	CFD	increasing a long position	2,142	4.8370 GBP
32 17/19p ordinary	CFD	increasing a long position	946	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	83	4.7855 GBP
32 17/19p ordinary	CFD	increasing a short position	645	4.7855 GBP
32 17/19p ordinary	CFD	increasing a short position	2,689	4.7864 GBP
32 17/19p ordinary	CFD	increasing a short position	2,900	4.7959 GBP
32 17/19p ordinary	CFD	increasing a short position	40,695	4.8042 GBP
32 17/19p ordinary	CFD	increasing a short position	30,486	4.8053 GBP
32 17/19p ordinary	CFD	increasing a short position	8,506	4.8055 GBP
32 17/19p ordinary	CFD	increasing a short position	4,021	4.8062 GBP
32 17/19p ordinary	CFD	increasing a short position	77,004	4.8100 GBP
32 17/19p ordinary	CFD	increasing a short position	4,949	4.8145 GBP
32 17/19p ordinary	CFD	increasing a short position	16	4.8200 GBP
32 17/19p ordinary	CFD	increasing a short position	4,709	4.8246 GBP
32 17/19p ordinary	CFD	increasing a short position	236,600	4.8249 GBP
32 17/19p ordinary	CFD	increasing a short position	4,757	4.8273 GBP
32 17/19p ordinary	CFD	increasing a short position	3,222	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	1,935	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	56,362	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	10,906	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	404	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	196,293	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	8,788	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	3,636	4.8303 GBP
32 17/19p ordinary	CFD	increasing a short position	2,133	4.8346 GBP
32 17/19p ordinary	CFD	increasing a short position	9,786	4.8349 GBP
32 17/19p ordinary	CFD	increasing a short position	41,344	4.8367 GBP
32 17/19p ordinary	CFD	increasing a short position	889	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	732	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	2,275	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	279	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	621	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	5,625	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	167	4.8370 GBP
32 17/19p ordinary	CFD	increasing a short position	6,285	4.8372 GBP
32 17/19p ordinary	CFD	increasing a short position	1,571	4.8373 GBP
32 17/19p ordinary	CFD	reducing a long position	6,800	4.7911 GBP
32 17/19p ordinary	CFD	reducing a long position	5,885	4.7921 GBP
32 17/19p ordinary	CFD	reducing a long position	10,171	4.7929 GBP
32 17/19p ordinary	CFD	reducing a long position	1,733	4.7971 GBP
32 17/19p ordinary	CFD	reducing a long position	17,934	4.8055 GBP
32 17/19p ordinary	CFD	reducing a long position	50	4.8059 GBP
32 17/19p ordinary	CFD	reducing a long position	5,073	4.8062 GBP
32 17/19p ordinary	CFD	reducing a long position	1,885	4.8068 GBP
32 17/19p ordinary	CFD	reducing a long position	14,270	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	126,107	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	12,148	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	21,859	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	42,218	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	6,986	4.8100 GBP
32 17/19p ordinary	CFD	reducing a long position	263	4.8241 GBP
32 17/19p ordinary	CFD	reducing a long position	10,006	4.8298 GBP
32 17/19p ordinary	CFD	reducing a long position	4,724	4.8309 GBP
32 17/19p ordinary	CFD	reducing a long position	8,475	4.8346 GBP
32 17/19p ordinary	CFD	reducing a long position	8,008	4.8357 GBP
32 17/19p ordinary	CFD	reducing a long position	20,792	4.8370 GBP
32 17/19p ordinary	CFD	reducing a long position	376	4.8370 GBP
32 17/19p ordinary	CFD	reducing a short position	725	4.7940 GBP
32 17/19p ordinary	CFD	reducing a short position	451	4.7982 GBP
32 17/19p ordinary	CFD	reducing a short position	70,498	4.8004 GBP
32 17/19p ordinary	CFD	reducing a short position	17,001	4.8081 GBP
32 17/19p ordinary	CFD	reducing a short position	12,914	4.8094 GBP
32 17/19p ordinary	CFD	reducing a short position	30,572	4.8155 GBP
32 17/19p ordinary	CFD	reducing a short position	5,397	4.8235 GBP
32 17/19p ordinary	CFD	reducing a short position	11,157	4.8272 GBP
32 17/19p ordinary	CFD	reducing a short position	32,371	4.8289 GBP
32 17/19p ordinary	CFD	reducing a short position	113,307	4.8294 GBP
32 17/19p ordinary	CFD	reducing a short position	4,336	4.8299 GBP
32 17/19p ordinary	CFD	reducing a short position	26,389	4.8299 GBP
32 17/19p ordinary	CFD	reducing a short position	7,803	4.8328 GBP
32 17/19p ordinary	CFD	reducing a short position	2,751	4.8337 GBP
32 17/19p ordinary	CFD	reducing a short position	4,426	4.8337 GBP
32 17/19p ordinary	CFD	reducing a short position	46	4.8343 GBP
32 17/19p ordinary	CFD	reducing a short position	4,021	4.8358 GBP
32 17/19p ordinary	CFD	reducing a short position	105	4.8370 GBP
32 17/19p ordinary	CFD	reducing a short position	5,625	4.8370 GBP
32 17/19p ordinary	CFD	reducing a short position	4,949	4.8370 GBP
32 17/19p ordinary	CFD	reducing a short position	890	4.8370 GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

3.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

NONE

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

NONE

Date of disclosure:	02 December 2024
Contact name:	Craig Horsley
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END