Form 8.5 (EPT/RI) - AVIVA PLC

GoldmanSachs International

04 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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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:	AVIVA PLC
(d) Date dealing undertaken:	03 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES - disclosing today for 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	2,758,774	4.8580 GBP	4.7810 GBP
32 17/19p ordinary	Sales	1,632,943	4.8535 GBP	4.7810 GBP

(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	Reducing a short position	4,565	4.7810 GBP
32 17/19p ordinary	CFD	Reducing a short position	35,912	4.7810 GBP
32 17/19p ordinary	CFD	Reducing a short position	451	4.7810 GBP
32 17/19p ordinary	CFD	Reducing a long position	42,554	4.7810 GBP
32 17/19p ordinary	CFD	Increasing a short position	58,611	4.7810 GBP
32 17/19p ordinary	CFD	Opening a short position	40,987	4.7813 GBP
32 17/19p ordinary	CFD	Reducing a long position	18	4.7813 GBP
32 17/19p ordinary	CFD	Reducing a long position	52,562	4.7813 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,832	4.7817 GBP
32 17/19p ordinary	CFD	Reducing a long position	223	4.7844 GBP
32 17/19p ordinary	CFD	Reducing a long position	596	4.7844 GBP
32 17/19p ordinary	CFD	Increasing a short position	20,700	4.7850 GBP
32 17/19p ordinary	CFD	Reducing a long position	40,805	4.7861 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,949	4.7882 GBP
32 17/19p ordinary	CFD	Opening a long position	504	4.7882 GBP
32 17/19p ordinary	CFD	Increasing a long position	2,110	4.7905 GBP
32 17/19p ordinary	CFD	Opening a long position	4,133	4.7910 GBP
32 17/19p ordinary	CFD	Opening a long position	4,660	4.7910 GBP
32 17/19p ordinary	CFD	Reducing a long position	7,728	4.7916 GBP
32 17/19p ordinary	CFD	Reducing a long position	59,978	4.7952 GBP
32 17/19p ordinary	CFD	Increasing a short position	259	4.7977 GBP
32 17/19p ordinary	CFD	Increasing a short position	40,600	4.8043 GBP
32 17/19p ordinary	CFD	Increasing a short position	2,000	4.8043 GBP
32 17/19p ordinary	CFD	Reducing a long position	48,838	4.8053 GBP
32 17/19p ordinary	CFD	Opening a long position	17	4.8055 GBP
32 17/19p ordinary	CFD	Increasing a long position	2,389	4.8057 GBP
32 17/19p ordinary	CFD	Increasing a short position	24,200	4.8085 GBP
32 17/19p ordinary	CFD	Opening a short position	8,457	4.8088 GBP
32 17/19p ordinary	CFD	Opening a short position	816	4.8088 GBP
32 17/19p ordinary	CFD	Increasing a long position	412	4.8114 GBP
32 17/19p ordinary	CFD	Increasing a long position	106	4.8114 GBP
32 17/19p ordinary	CFD	Increasing a short position	509	4.8205 GBP
32 17/19p ordinary	CFD	Increasing a short position	5,333	4.8205 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,064	4.8245 GBP
32 17/19p ordinary	CFD	Increasing a short position	42	4.8245 GBP
32 17/19p ordinary	CFD	Increasing a long position	164	4.8259 GBP
32 17/19p ordinary	CFD	Increasing a short position	523	4.8267 GBP
32 17/19p ordinary	CFD	Increasing a short position	5,349	4.8268 GBP
32 17/19p ordinary	CFD	Increasing a short position	57,757	4.8274 GBP
32 17/19p ordinary	CFD	Increasing a short position	15,627	4.8282 GBP
32 17/19p ordinary	CFD	Increasing a long position	22	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a long position	11	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a long position	59	4.8320 GBP
32 17/19p ordinary	CFD	Reducing a long position	182	4.8320 GBP
32 17/19p ordinary	CFD	Reducing a long position	5	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a long position	29	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a long position	14	4.8320 GBP
32 17/19p ordinary	CFD	Reducing a long position	20	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a long position	72	4.8320 GBP
32 17/19p ordinary	CFD	Increasing a short position	29,325	4.8321 GBP
32 17/19p ordinary	CFD	Increasing a short position	1	4.8325 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,784	4.8334 GBP
32 17/19p ordinary	CFD	Increasing a short position	70	4.8334 GBP
32 17/19p ordinary	CFD	Increasing a short position	491	4.8336 GBP
32 17/19p ordinary	CFD	Increasing a short position	19	4.8336 GBP
32 17/19p ordinary	CFD	Increasing a short position	12,316	4.8346 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,191	4.8346 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,848	4.8347 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,524	4.8348 GBP
32 17/19p ordinary	CFD	Reducing a long position	1	4.8360 GBP
32 17/19p ordinary	CFD	Increasing a short position	4	4.8365 GBP
32 17/19p ordinary	CFD	Increasing a short position	65	4.8368 GBP
32 17/19p ordinary	CFD	Opening a short position	4,565	4.8374 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,626	4.8374 GBP
32 17/19p ordinary	CFD	Increasing a short position	7,597	4.8377 GBP
32 17/19p ordinary	CFD	Increasing a short position	288	4.8377 GBP
32 17/19p ordinary	CFD	Increasing a short position	72	4.8381 GBP
32 17/19p ordinary	CFD	Opening a short position	1,410	4.8386 GBP
32 17/19p ordinary	CFD	Increasing a short position	43,598	4.8387 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,001,251	4.8387 GBP
32 17/19p ordinary	CFD	Opening a long position	2,280	4.8394 GBP
32 17/19p ordinary	CFD	Increasing a long position	3,344	4.8395 GBP
32 17/19p ordinary	CFD	Reducing a long position	87	4.8397 GBP
32 17/19p ordinary	CFD	Opening a long position	1,626	4.8398 GBP
32 17/19p ordinary	CFD	Reducing a short position	849	4.8400 GBP
32 17/19p ordinary	CFD	Increasing a long position	7,091	4.8400 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,000	4.8407 GBP
32 17/19p ordinary	CFD	Reducing a short position	5,275	4.8421 GBP
32 17/19p ordinary	CFD	Increasing a short position	617	4.8423 GBP
32 17/19p ordinary	CFD	Reducing a long position	83	4.8425 GBP
32 17/19p ordinary	CFD	Increasing a long position	83	4.8425 GBP
32 17/19p ordinary	CFD	Increasing a long position	61	4.8444 GBP
32 17/19p ordinary	CFD	Increasing a long position	21	4.8444 GBP
32 17/19p ordinary	CFD	Increasing a short position	2	4.8454 GBP
32 17/19p ordinary	CFD	Increasing a short position	5,911	4.8459 GBP
32 17/19p ordinary	CFD	Increasing a short position	233	4.8460 GBP
32 17/19p ordinary	CFD	Increasing a short position	11,299	4.8463 GBP
32 17/19p ordinary	CFD	Increasing a short position	438	4.8465 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,280	4.8470 GBP
32 17/19p ordinary	CFD	Reducing a long position	31	4.8476 GBP
32 17/19p ordinary	CFD	Reducing a long position	127	4.8476 GBP
32 17/19p ordinary	SWAP	Opening a long position	93	6.0530 USD
32 17/19p ordinary	SWAP	Reducing a short position	52	6.0530 USD
32 17/19p ordinary	SWAP	Reducing a short position	10,620	6.0530 USD
32 17/19p ordinary	SWAP	Increasing a long position	19,593	6.1063 USD

(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

(ii)        Exercise

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

(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)

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:	04 December 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [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 disclosure requirements on [phone].

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

 

END