Form 8.5 (EPT/RI)-Aviva plc

Morgan Stanley & Co. Int'l plc

05 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:	04 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	SALES	2,965,388	4.8042 GBP	4.7580 GBP
32 17/19p ordinary	PURCHASES	2,938,443	4.8044 GBP	4.7590 GBP
32 17/19p ordinary	PURCHASES	52,641	5.8008 EUR	5.7965 EUR
32 17/19p ordinary	PURCHASES	13,597	6.1052 USD	6.0947 USD
32 17/19p ordinary	SALES	4,719	6.1052 USD	6.0974 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	3,632	4.7883 GBP
32 17/19p ordinary	CFD	increasing a long position	4,053	4.7896 GBP
32 17/19p ordinary	CFD	increasing a long position	1,811	4.7943 GBP
32 17/19p ordinary	CFD	increasing a long position	1,278	4.7947 GBP
32 17/19p ordinary	CFD	increasing a long position	6,118	4.7951 GBP
32 17/19p ordinary	CFD	increasing a long position	5,088	4.7951 GBP
32 17/19p ordinary	CFD	increasing a long position	446	4.7967 GBP
32 17/19p ordinary	CFD	increasing a long position	2,994	4.8001 GBP
32 17/19p ordinary	CFD	increasing a long position	1,180	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	2,394	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	20,960	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	7,108	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	4,491	4.8010 GBP
32 17/19p ordinary	CFD	increasing a long position	38,582	4.8021 GBP
32 17/19p ordinary	CFD	increasing a long position	1,375	4.8040 GBP
32 17/19p ordinary	CFD	increasing a long position	4,700	4.8040 GBP
32 17/19p ordinary	CFD	increasing a long position	36,187	4.8040 GBP
32 17/19p ordinary	CFD	increasing a short position	821	4.7620 GBP
32 17/19p ordinary	CFD	increasing a short position	1,197	4.7620 GBP
32 17/19p ordinary	CFD	increasing a short position	378	4.7637 GBP
32 17/19p ordinary	CFD	increasing a short position	20,098	4.7799 GBP
32 17/19p ordinary	CFD	increasing a short position	8,900	4.7804 GBP
32 17/19p ordinary	CFD	increasing a short position	2,925	4.7813 GBP
32 17/19p ordinary	CFD	increasing a short position	10,677	4.7825 GBP
32 17/19p ordinary	CFD	increasing a short position	3,616	4.7855 GBP
32 17/19p ordinary	CFD	increasing a short position	34,602	4.7904 GBP
32 17/19p ordinary	CFD	increasing a short position	36,915	4.7906 GBP
32 17/19p ordinary	CFD	increasing a short position	62,800	4.7944 GBP
32 17/19p ordinary	CFD	increasing a short position	10,879	4.7961 GBP
32 17/19p ordinary	CFD	increasing a short position	700	4.7969 GBP
32 17/19p ordinary	CFD	increasing a short position	33	4.7973 GBP
32 17/19p ordinary	CFD	increasing a short position	212	4.7979 GBP
32 17/19p ordinary	CFD	increasing a short position	110,902	4.7979 GBP
32 17/19p ordinary	CFD	increasing a short position	809	4.7979 GBP
32 17/19p ordinary	CFD	increasing a short position	45	4.7979 GBP
32 17/19p ordinary	CFD	increasing a short position	41,949	4.7983 GBP
32 17/19p ordinary	CFD	increasing a short position	2,112	4.7989 GBP
32 17/19p ordinary	CFD	increasing a short position	61,417	4.8011 GBP
32 17/19p ordinary	CFD	increasing a short position	67,920	4.8015 GBP
32 17/19p ordinary	CFD	increasing a short position	7,572	4.8016 GBP
32 17/19p ordinary	CFD	increasing a short position	2,002	4.8019 GBP
32 17/19p ordinary	CFD	increasing a short position	7,573	4.8026 GBP
32 17/19p ordinary	CFD	increasing a short position	750	4.8036 GBP
32 17/19p ordinary	CFD	increasing a short position	88,825	4.8038 GBP
32 17/19p ordinary	CFD	increasing a short position	662	4.8040 GBP
32 17/19p ordinary	CFD	increasing a short position	12,447	4.8040 GBP
32 17/19p ordinary	CFD	increasing a short position	6,952	4.8040 GBP
32 17/19p ordinary	CFD	increasing a short position	80	4.8040 GBP
32 17/19p ordinary	CFD	increasing a short position	700	4.8044 GBP
32 17/19p ordinary	CFD	increasing a short position	1,100	4.8044 GBP
32 17/19p ordinary	CFD	reducing a long position	2,061	4.7734 GBP
32 17/19p ordinary	CFD	reducing a long position	18,912	4.7813 GBP
32 17/19p ordinary	CFD	reducing a long position	1,014	4.7851 GBP
32 17/19p ordinary	CFD	reducing a long position	3,879	4.7855 GBP
32 17/19p ordinary	CFD	reducing a long position	38	4.7924 GBP
32 17/19p ordinary	CFD	reducing a long position	1,534	4.7935 GBP
32 17/19p ordinary	CFD	reducing a long position	4,700	4.7950 GBP
32 17/19p ordinary	CFD	reducing a long position	80,399	4.7973 GBP
32 17/19p ordinary	CFD	reducing a long position	9,903	4.7973 GBP
32 17/19p ordinary	CFD	reducing a long position	2,994	4.7973 GBP
32 17/19p ordinary	CFD	reducing a long position	155	4.8015 GBP
32 17/19p ordinary	CFD	reducing a long position	2,152	4.8024 GBP
32 17/19p ordinary	CFD	reducing a long position	26,898	4.8033 GBP
32 17/19p ordinary	CFD	reducing a long position	1,860	4.8038 GBP
32 17/19p ordinary	CFD	reducing a long position	95	4.8040 GBP
32 17/19p ordinary	CFD	reducing a long position	7,986	4.8040 GBP
32 17/19p ordinary	CFD	reducing a long position	3,504	4.8040 GBP
32 17/19p ordinary	CFD	reducing a long position	37,465	4.8040 GBP
32 17/19p ordinary	CFD	reducing a long position	2,269	4.8040 GBP
32 17/19p ordinary	CFD	reducing a short position	1,113	4.7750 GBP
32 17/19p ordinary	CFD	reducing a short position	17,805	4.7777 GBP
32 17/19p ordinary	CFD	reducing a short position	10,677	4.7830 GBP
32 17/19p ordinary	CFD	reducing a short position	1,473	4.7866 GBP
32 17/19p ordinary	CFD	reducing a short position	7,657	4.7895 GBP
32 17/19p ordinary	CFD	reducing a short position	11,085	4.7899 GBP
32 17/19p ordinary	CFD	reducing a short position	55,838	4.7904 GBP
32 17/19p ordinary	CFD	reducing a short position	721	4.7940 GBP
32 17/19p ordinary	CFD	reducing a short position	2,001	4.7962 GBP
32 17/19p ordinary	CFD	reducing a short position	35	4.7965 GBP
32 17/19p ordinary	CFD	reducing a short position	100	4.7971 GBP
32 17/19p ordinary	CFD	reducing a short position	40,695	4.7975 GBP
32 17/19p ordinary	CFD	reducing a short position	569	4.7976 GBP
32 17/19p ordinary	CFD	reducing a short position	812	4.7976 GBP
32 17/19p ordinary	CFD	reducing a short position	197	4.7976 GBP
32 17/19p ordinary	CFD	reducing a short position	218,502	4.7977 GBP
32 17/19p ordinary	CFD	reducing a short position	15,731	4.7982 GBP
32 17/19p ordinary	CFD	reducing a short position	2,363	4.7985 GBP
32 17/19p ordinary	CFD	reducing a short position	6,757	4.7985 GBP
32 17/19p ordinary	CFD	reducing a short position	6,703	4.7985 GBP
32 17/19p ordinary	CFD	reducing a short position	41,709	4.7996 GBP
32 17/19p ordinary	CFD	reducing a short position	2,147	4.8001 GBP
32 17/19p ordinary	CFD	reducing a short position	2,895	4.8021 GBP
32 17/19p ordinary	CFD	reducing a short position	2,539	4.8034 GBP
32 17/19p ordinary	CFD	reducing a short position	7,054	4.8037 GBP
32 17/19p ordinary	CFD	reducing a short position	17,850	4.8038 GBP
32 17/19p ordinary	CFD	reducing a short position	33	4.8040 GBP
32 17/19p ordinary	CFD	reducing a short position	4,149	4.8040 GBP
32 17/19p ordinary	CFD	reducing a short position	301,963	4.8040 GBP
32 17/19p ordinary	CFD	reducing a short position	821	4.8040 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:	05 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