Aviva Director - Notification of Award and Sale of Shares 11 March 2010
Patrick Regan, Chief Financial Officer of Aviva plc, has been granted the award of shares shown below, under the rules of the CFO Recruitment Share Awards Plan. Mr Regan has elected for the award to be granted in the form of Restricted Shares which are subject to income tax and National Insurance Contributions ("NIC") at grant. Mr Regan has sold shares from the award to satisfy the income tax and NIC, details of which are shown below:
Name
|
Date of Grant |
Award Price |
No of shares awarded |
Date of Sale |
Sale Price |
No of shares sold to satisfy income tax and NIC |
Patrick Regan |
11.03.10 |
380.22p |
433,959 |
11.03.10 |
395.70p |
178,370 |
The award shares remaining following the above transaction are subject to the rules of the CFO Recruitment Share Awards Plan and a Restricted Share Agreement and will be released to Mr Regan in three equal tranches on the first, second and third anniversaries of Mr Regan's employment start date.
This notification is made in accordance with DTR 3.1.4.
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For any other queries please contact:
Graham Jones, Group Company Secretary +44 (0)20 7662 7601
Liz Nicholls, Assistant Company Secretary +44 (0)20 7662 8358