Form 8.5 (EPT/RI)-Replacement of Aviva plc

Morgan Stanley & Co. Int'l plc

11 December 2024

 

AMENDMENT(2(b))

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:	09 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	2,984,561	4.8482 GBP	4.8030 GBP
32 17/19p ordinary	PURCHASES	2,786,349	4.8510 GBP	4.8030 GBP
32 17/19p ordinary	PURCHASES	23,233	5.8425 EUR	5.8403 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	2,429	4.8166 GBP
32 17/19p ordinary	CFD	increasing a long position	134,749	4.8218 GBP
32 17/19p ordinary	CFD	increasing a long position	40,576	4.8240 GBP
32 17/19p ordinary	CFD	increasing a long position	50,000	4.8260 GBP
32 17/19p ordinary	CFD	increasing a long position	2,315	4.8263 GBP
32 17/19p ordinary	CFD	increasing a long position	5,846	4.8319 GBP
32 17/19p ordinary	CFD	increasing a long position	6,726	4.8319 GBP
32 17/19p ordinary	CFD	increasing a long position	35,609	4.8322 GBP
32 17/19p ordinary	CFD	increasing a long position	28,670	4.8326 GBP
32 17/19p ordinary	CFD	increasing a long position	3,351	4.8330 GBP
32 17/19p ordinary	CFD	increasing a long position	33,934	4.8330 GBP
32 17/19p ordinary	CFD	increasing a long position	3,341	4.8332 GBP
32 17/19p ordinary	CFD	increasing a long position	3,098	4.8336 GBP
32 17/19p ordinary	CFD	increasing a long position	1	4.8340 GBP
32 17/19p ordinary	CFD	increasing a long position	1,192	4.8348 GBP
32 17/19p ordinary	CFD	increasing a long position	2,971	4.8366 GBP
32 17/19p ordinary	CFD	increasing a long position	71,675	4.8374 GBP
32 17/19p ordinary	CFD	increasing a long position	43,005	4.8415 GBP
32 17/19p ordinary	CFD	increasing a long position	2,477	4.8480 GBP
32 17/19p ordinary	CFD	increasing a short position	15,185	4.8176 GBP
32 17/19p ordinary	CFD	increasing a short position	347	4.8213 GBP
32 17/19p ordinary	CFD	increasing a short position	509	4.8224 GBP
32 17/19p ordinary	CFD	increasing a short position	29,069	4.8253 GBP
32 17/19p ordinary	CFD	increasing a short position	52	4.8256 GBP
32 17/19p ordinary	CFD	increasing a short position	3,200	4.8263 GBP
32 17/19p ordinary	CFD	increasing a short position	13,000	4.8263 GBP
32 17/19p ordinary	CFD	increasing a short position	7,737	4.8268 GBP
32 17/19p ordinary	CFD	increasing a short position	144	4.8276 GBP
32 17/19p ordinary	CFD	increasing a short position	30,039	4.8290 GBP
32 17/19p ordinary	CFD	increasing a short position	92	4.8290 GBP
32 17/19p ordinary	CFD	increasing a short position	537	4.8292 GBP
32 17/19p ordinary	CFD	increasing a short position	40	4.8295 GBP
32 17/19p ordinary	CFD	increasing a short position	79	4.8299 GBP
32 17/19p ordinary	CFD	increasing a short position	14,004	4.8302 GBP
32 17/19p ordinary	CFD	increasing a short position	243,397	4.8304 GBP
32 17/19p ordinary	CFD	increasing a short position	4,455	4.8305 GBP
32 17/19p ordinary	CFD	increasing a short position	58	4.8307 GBP
32 17/19p ordinary	CFD	increasing a short position	61,235	4.8313 GBP
32 17/19p ordinary	CFD	increasing a short position	7,541	4.8313 GBP
32 17/19p ordinary	CFD	increasing a short position	8,699	4.8313 GBP
32 17/19p ordinary	CFD	increasing a short position	3,816	4.8315 GBP
32 17/19p ordinary	CFD	increasing a short position	186	4.8316 GBP
32 17/19p ordinary	CFD	increasing a short position	256,304	4.8316 GBP
32 17/19p ordinary	CFD	increasing a short position	856	4.8316 GBP
32 17/19p ordinary	CFD	increasing a short position	48,287	4.8322 GBP
32 17/19p ordinary	CFD	increasing a short position	9,481	4.8323 GBP
32 17/19p ordinary	CFD	increasing a short position	19,410	4.8329 GBP
32 17/19p ordinary	CFD	increasing a short position	5	4.8330 GBP
32 17/19p ordinary	CFD	increasing a short position	503	4.8330 GBP
32 17/19p ordinary	CFD	increasing a short position	325	4.8330 GBP
32 17/19p ordinary	CFD	increasing a short position	20,538	4.8330 GBP
32 17/19p ordinary	CFD	increasing a short position	59	4.8331 GBP
32 17/19p ordinary	CFD	increasing a short position	2,600	4.8334 GBP
32 17/19p ordinary	CFD	increasing a short position	78,062	4.8337 GBP
32 17/19p ordinary	CFD	increasing a short position	27,549	4.8353 GBP
32 17/19p ordinary	CFD	increasing a short position	32	4.8356 GBP
32 17/19p ordinary	CFD	increasing a short position	22,718	4.8401 GBP
32 17/19p ordinary	CFD	increasing a short position	541	4.8480 GBP
32 17/19p ordinary	CFD	increasing a short position	7	4.8514 GBP
32 17/19p ordinary	CFD	reducing a long position	381	4.8213 GBP
32 17/19p ordinary	CFD	reducing a long position	545	4.8224 GBP
32 17/19p ordinary	CFD	reducing a long position	4,152	4.8269 GBP
32 17/19p ordinary	CFD	reducing a long position	3,823	4.8310 GBP
32 17/19p ordinary	CFD	reducing a long position	270	4.8330 GBP
32 17/19p ordinary	CFD	reducing a long position	33,934	4.8330 GBP
32 17/19p ordinary	CFD	reducing a long position	1	4.8330 GBP
32 17/19p ordinary	CFD	reducing a long position	5,631	4.8330 GBP
32 17/19p ordinary	CFD	reducing a long position	17,563	4.8337 GBP
32 17/19p ordinary	CFD	reducing a long position	113,667	4.8344 GBP
32 17/19p ordinary	CFD	reducing a short position	44,026	4.8203 GBP
32 17/19p ordinary	CFD	reducing a short position	86	4.8209 GBP
32 17/19p ordinary	CFD	reducing a short position	2,112	4.8227 GBP
32 17/19p ordinary	CFD	reducing a short position	409	4.8235 GBP
32 17/19p ordinary	CFD	reducing a short position	3,986	4.8242 GBP
32 17/19p ordinary	CFD	reducing a short position	5,414	4.8256 GBP
32 17/19p ordinary	CFD	reducing a short position	537	4.8278 GBP
32 17/19p ordinary	CFD	reducing a short position	10,980	4.8280 GBP
32 17/19p ordinary	CFD	reducing a short position	3,839	4.8280 GBP
32 17/19p ordinary	CFD	reducing a short position	10,888	4.8280 GBP
32 17/19p ordinary	CFD	reducing a short position	149,900	4.8313 GBP
32 17/19p ordinary	CFD	reducing a short position	443	4.8316 GBP
32 17/19p ordinary	CFD	reducing a short position	7,968	4.8319 GBP
32 17/19p ordinary	CFD	reducing a short position	391,908	4.8325 GBP
32 17/19p ordinary	CFD	reducing a short position	46,633	4.8326 GBP
32 17/19p ordinary	CFD	reducing a short position	13,468	4.8328 GBP
32 17/19p ordinary	CFD	reducing a short position	21,638	4.8329 GBP
32 17/19p ordinary	CFD	reducing a short position	4,163	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	11,993	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	872	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	63	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	541	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	1,403	4.8330 GBP
32 17/19p ordinary	CFD	reducing a short position	12,160	4.8331 GBP
32 17/19p ordinary	CFD	reducing a short position	7,686	4.8331 GBP
32 17/19p ordinary	CFD	reducing a short position	40,245	4.8340 GBP
32 17/19p ordinary	CFD	reducing a short position	5,613	4.8343 GBP
32 17/19p ordinary	CFD	reducing a short position	1,328	4.8362 GBP
32 17/19p ordinary	CFD	reducing a short position	3,931	4.8374 GBP
32 17/19p ordinary	CFD	reducing a short position	4,564	4.8393 GBP
32 17/19p ordinary	CFD	reducing a short position	42,659	4.8395 GBP
32 17/19p ordinary	CFD	reducing a short position	4,455	4.8403 GBP
32 17/19p ordinary	CFD	reducing a short position	7,203	4.8408 GBP
32 17/19p ordinary	CFD	reducing a short position	1,265	4.8417 GBP
32 17/19p ordinary	CFD	reducing a short position	818	4.8436 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:	11 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