Form 8.5 (EPT/RI) - Aviva plc

Morgan Stanley & Co. Int'l plc

03 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:	02 December 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	PURCHASES	6,437,837	4.8690 GBP	4.7900 GBP
32 17/19p ordinary	SALES	2,875,013	4.8690 GBP	4.7900 GBP
32 17/19p ordinary	PURCHASES	13,597	5.8238 EUR	5.8238 EUR
32 17/19p ordinary	PURCHASES	8,109	6.1087 USD	6.1087 USD

(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	448	4.8120 GBP
32 17/19p ordinary	CFD	increasing a long position	1,281	4.8182 GBP
32 17/19p ordinary	CFD	increasing a long position	5,249	4.8216 GBP
32 17/19p ordinary	CFD	increasing a long position	1,177	4.8230 GBP
32 17/19p ordinary	CFD	increasing a long position	15,136	4.8257 GBP
32 17/19p ordinary	CFD	increasing a long position	3,134	4.8263 GBP
32 17/19p ordinary	CFD	increasing a long position	6,895	4.8319 GBP
32 17/19p ordinary	CFD	increasing a long position	45,868	4.8320 GBP
32 17/19p ordinary	CFD	increasing a long position	125	4.8320 GBP
32 17/19p ordinary	CFD	increasing a long position	29,211	4.8320 GBP
32 17/19p ordinary	CFD	increasing a long position	1,686	4.8323 GBP
32 17/19p ordinary	CFD	increasing a long position	325	4.8324 GBP
32 17/19p ordinary	CFD	increasing a long position	12,038	4.8328 GBP
32 17/19p ordinary	CFD	increasing a long position	70,575	4.8328 GBP
32 17/19p ordinary	CFD	increasing a long position	4,367	4.8335 GBP
32 17/19p ordinary	CFD	increasing a long position	9,816	4.8336 GBP
32 17/19p ordinary	CFD	increasing a long position	41,364	4.8356 GBP
32 17/19p ordinary	CFD	increasing a long position	8,128	4.8438 GBP
32 17/19p ordinary	CFD	increasing a long position	1,335	4.8448 GBP
32 17/19p ordinary	CFD	increasing a long position	2,697	4.8486 GBP
32 17/19p ordinary	CFD	increasing a long position	13,728	4.8618 GBP
32 17/19p ordinary	CFD	increasing a long position	3,387	4.8659 GBP
32 17/19p ordinary	CFD	increasing a short position	2,311	4.8168 GBP
32 17/19p ordinary	CFD	increasing a short position	2,273	4.8203 GBP
32 17/19p ordinary	CFD	increasing a short position	67,945	4.8254 GBP
32 17/19p ordinary	CFD	increasing a short position	850	4.8264 GBP
32 17/19p ordinary	CFD	increasing a short position	82	4.8264 GBP
32 17/19p ordinary	CFD	increasing a short position	7,700	4.8285 GBP
32 17/19p ordinary	CFD	increasing a short position	278	4.8291 GBP
32 17/19p ordinary	CFD	increasing a short position	174	4.8301 GBP
32 17/19p ordinary	CFD	increasing a short position	1,803	4.8301 GBP
32 17/19p ordinary	CFD	increasing a short position	3,346	4.8316 GBP
32 17/19p ordinary	CFD	increasing a short position	584	4.8320 GBP
32 17/19p ordinary	CFD	increasing a short position	1,002	4.8323 GBP
32 17/19p ordinary	CFD	increasing a short position	237,100	4.8331 GBP
32 17/19p ordinary	CFD	increasing a short position	4,328	4.8339 GBP
32 17/19p ordinary	CFD	increasing a short position	8,109	4.8345 GBP
32 17/19p ordinary	CFD	increasing a short position	1,263	4.8346 GBP
32 17/19p ordinary	CFD	increasing a short position	14,753	4.8348 GBP
32 17/19p ordinary	CFD	increasing a short position	15,535	4.8350 GBP
32 17/19p ordinary	CFD	increasing a short position	15,467	4.8355 GBP
32 17/19p ordinary	CFD	increasing a short position	1,921	4.8364 GBP
32 17/19p ordinary	CFD	increasing a short position	2,141	4.8364 GBP
32 17/19p ordinary	CFD	increasing a short position	7,290	4.8364 GBP
32 17/19p ordinary	CFD	increasing a short position	38,845	4.8368 GBP
32 17/19p ordinary	CFD	increasing a short position	268	4.8369 GBP
32 17/19p ordinary	CFD	increasing a short position	946	4.8369 GBP
32 17/19p ordinary	CFD	increasing a short position	5,818	4.8369 GBP
32 17/19p ordinary	CFD	increasing a short position	2,244	4.8369 GBP
32 17/19p ordinary	CFD	increasing a short position	1,043	4.8369 GBP
32 17/19p ordinary	CFD	increasing a short position	10,419	4.8376 GBP
32 17/19p ordinary	CFD	increasing a short position	1,006	4.8376 GBP
32 17/19p ordinary	CFD	increasing a short position	1,820	4.8435 GBP
32 17/19p ordinary	CFD	increasing a short position	7,070	4.8452 GBP
32 17/19p ordinary	CFD	increasing a short position	594	4.8479 GBP
32 17/19p ordinary	CFD	reducing a long position	26,028	4.8156 GBP
32 17/19p ordinary	CFD	reducing a long position	7,855	4.8199 GBP
32 17/19p ordinary	CFD	reducing a long position	2,803,620	4.8230 GBP
32 17/19p ordinary	CFD	reducing a long position	395	4.8267 GBP
32 17/19p ordinary	CFD	reducing a long position	17,750	4.8275 GBP
32 17/19p ordinary	CFD	reducing a long position	325	4.8280 GBP
32 17/19p ordinary	CFD	reducing a long position	2,697	4.8303 GBP
32 17/19p ordinary	CFD	reducing a long position	380	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	562	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	30,546	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	448	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	623	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	88,121	4.8320 GBP
32 17/19p ordinary	CFD	reducing a long position	7,664	4.8323 GBP
32 17/19p ordinary	CFD	reducing a long position	11,911	4.8323 GBP
32 17/19p ordinary	CFD	reducing a long position	103,947	4.8323 GBP
32 17/19p ordinary	CFD	reducing a long position	13,597	4.8324 GBP
32 17/19p ordinary	CFD	reducing a long position	2,142	4.8324 GBP
32 17/19p ordinary	CFD	reducing a long position	47,887	4.8325 GBP
32 17/19p ordinary	CFD	reducing a long position	5,745	4.8327 GBP
32 17/19p ordinary	CFD	reducing a long position	28,553	4.8355 GBP
32 17/19p ordinary	CFD	reducing a long position	20,005	4.8355 GBP
32 17/19p ordinary	CFD	reducing a long position	19,020	4.8489 GBP
32 17/19p ordinary	CFD	reducing a short position	4,311	4.8170 GBP
32 17/19p ordinary	CFD	reducing a short position	11,525	4.8176 GBP
32 17/19p ordinary	CFD	reducing a short position	3,942	4.8177 GBP
32 17/19p ordinary	CFD	reducing a short position	1,508	4.8229 GBP
32 17/19p ordinary	CFD	reducing a short position	1,014	4.8230 GBP
32 17/19p ordinary	CFD	reducing a short position	2,789	4.8251 GBP
32 17/19p ordinary	CFD	reducing a short position	11,201	4.8257 GBP
32 17/19p ordinary	CFD	reducing a short position	6,111	4.8273 GBP
32 17/19p ordinary	CFD	reducing a short position	1,200	4.8314 GBP
32 17/19p ordinary	CFD	reducing a short position	2,900	4.8314 GBP
32 17/19p ordinary	CFD	reducing a short position	32,743	4.8319 GBP
32 17/19p ordinary	CFD	reducing a short position	366	4.8320 GBP
32 17/19p ordinary	CFD	reducing a short position	135	4.8320 GBP
32 17/19p ordinary	CFD	reducing a short position	12,336	4.8328 GBP
32 17/19p ordinary	CFD	reducing a short position	2,221	4.8333 GBP
32 17/19p ordinary	CFD	reducing a short position	3,164	4.8341 GBP
32 17/19p ordinary	CFD	reducing a short position	45,339	4.8376 GBP
32 17/19p ordinary	CFD	reducing a short position	3,581	4.8408 GBP
32 17/19p ordinary	CFD	reducing a short position	2,205	4.8410 GBP
32 17/19p ordinary	CFD	reducing a short position	74,451	4.8438 GBP
32 17/19p ordinary	CFD	reducing a short position	32,649	4.8515 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:	03 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