Form 8.5 (EPT/RI) - Aviva PLC

GoldmanSachs International

20 January 2025

 

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:	17 January 2025
(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	911,021	4.9755 GBP	4.9330 GBP
32 17/19p ordinary	Sales	1,012,801	4.9750 GBP	4.9330 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	Opening a short position	7,872	4.9375 GBP
32 17/19p ordinary	CFD	Increasing a short position	10,600	4.9392 GBP
32 17/19p ordinary	CFD	Increasing a short position	651	4.9398 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,481	4.9398 GBP
32 17/19p ordinary	CFD	Reducing a short position	237	4.9399 GBP
32 17/19p ordinary	CFD	Reducing a long position	3,487	4.9414 GBP
32 17/19p ordinary	CFD	Increasing a long position	7	4.9414 GBP
32 17/19p ordinary	CFD	Increasing a long position	4	4.9416 GBP
32 17/19p ordinary	CFD	Opening a short position	23,363	4.9454 GBP
32 17/19p ordinary	CFD	Reducing a long position	57	4.9482 GBP
32 17/19p ordinary	CFD	Reducing a long position	207	4.9482 GBP
32 17/19p ordinary	CFD	Reducing a long position	6	4.9482 GBP
32 17/19p ordinary	CFD	Reducing a long position	14	4.9482 GBP
32 17/19p ordinary	CFD	Increasing a long position	9,051	4.9499 GBP
32 17/19p ordinary	CFD	Reducing a long position	265	4.9503 GBP
32 17/19p ordinary	CFD	Reducing a long position	81,313	4.9512 GBP
32 17/19p ordinary	CFD	Increasing a long position	237	4.9521 GBP
32 17/19p ordinary	CFD	Increasing a short position	24,058	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,318	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,120	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	758	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	26,524	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,684	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	16,318	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	13,357	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	796	4.9522 GBP
32 17/19p ordinary	CFD	Increasing a long position	2,359	4.9522 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,446	4.9530 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,120	4.9530 GBP
32 17/19p ordinary	CFD	Opening a short position	618	4.9532 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,106	4.9534 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,788	4.9538 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,520	4.9543 GBP
32 17/19p ordinary	CFD	Increasing a long position	4,890	4.9546 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,101	4.9549 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,056	4.9549 GBP
32 17/19p ordinary	CFD	Reducing a short position	19,588	4.9549 GBP
32 17/19p ordinary	CFD	Reducing a short position	48,348	4.9549 GBP
32 17/19p ordinary	CFD	Reducing a short position	17,402	4.9549 GBP
32 17/19p ordinary	CFD	Reducing a short position	7,872	4.9550 GBP
32 17/19p ordinary	CFD	Increasing a long position	54	4.9550 GBP
32 17/19p ordinary	CFD	Reducing a long position	7,672	4.9550 GBP
32 17/19p ordinary	CFD	Reducing a long position	9,560	4.9550 GBP
32 17/19p ordinary	CFD	Reducing a short position	10,393	4.9550 GBP
32 17/19p ordinary	CFD	Increasing a short position	21,691	4.9550 GBP
32 17/19p ordinary	CFD	Reducing a long position	6,323	4.9553 GBP
32 17/19p ordinary	CFD	Opening a short position	10,512	4.9553 GBP
32 17/19p ordinary	CFD	Reducing a long position	747	4.9556 GBP
32 17/19p ordinary	CFD	Opening a short position	1,000	4.9556 GBP
32 17/19p ordinary	CFD	Reducing a long position	210	4.9556 GBP
32 17/19p ordinary	CFD	Increasing a short position	7,543	4.9557 GBP
32 17/19p ordinary	CFD	Increasing a short position	56,199	4.9558 GBP
32 17/19p ordinary	CFD	Increasing a long position	8,000	4.9562 GBP
32 17/19p ordinary	CFD	Increasing a short position	260	4.9568 GBP
32 17/19p ordinary	CFD	Reducing a long position	155	4.9569 GBP
32 17/19p ordinary	CFD	Reducing a long position	367	4.9569 GBP
32 17/19p ordinary	CFD	Reducing a long position	17	4.9569 GBP
32 17/19p ordinary	CFD	Reducing a long position	39	4.9569 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,163	4.9571 GBP
32 17/19p ordinary	CFD	Increasing a long position	11	4.9573 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,305	4.9575 GBP
32 17/19p ordinary	CFD	Increasing a long position	101	4.9580 GBP
32 17/19p ordinary	CFD	Opening a short position	121,916	4.9584 GBP
32 17/19p ordinary	CFD	Increasing a short position	109,700	4.9587 GBP
32 17/19p ordinary	CFD	Reducing a short position	88	4.9595 GBP
32 17/19p ordinary	CFD	Reducing a short position	42	4.9595 GBP
32 17/19p ordinary	CFD	Reducing a short position	845	4.9595 GBP
32 17/19p ordinary	CFD	Opening a short position	43,448	4.9600 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,135	4.9605 GBP
32 17/19p ordinary	CFD	Reducing a short position	20,484	4.9605 GBP
32 17/19p ordinary	CFD	Reducing a short position	938	4.9605 GBP
32 17/19p ordinary	CFD	Reducing a short position	618	4.9606 GBP
32 17/19p ordinary	CFD	Opening a long position	7,672	4.9606 GBP
32 17/19p ordinary	CFD	Reducing a short position	2	4.9615 GBP
32 17/19p ordinary	CFD	Reducing a short position	1	4.9615 GBP
32 17/19p ordinary	CFD	Reducing a short position	17	4.9615 GBP
32 17/19p ordinary	CFD	Reducing a short position	986	4.9615 GBP
32 17/19p ordinary	CFD	Reducing a short position	50	4.9615 GBP
32 17/19p ordinary	CFD	Reducing a short position	21	4.9616 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,162	4.9636 GBP
32 17/19p ordinary	CFD	Increasing a short position	595	4.9646 GBP
32 17/19p ordinary	CFD	Increasing a long position	397	4.9691 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

(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:	20 January 2025
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