Director/PDMR Shareholding

RNS Number : 1995A

Aviva PLC

27 March 2012

 

27 March 2012

AVIVA PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')

Andrew Moss and Igal Mayer (Executive Directors) and John Ainley, Simon Machell, Amanda Mackenzie, Cathryn Riley and Robin Spencer (PDMRs) were granted awards over Aviva plc ordinary shares of 25 pence each under the Aviva Annual Bonus Plan 2005 (ABP) and the Aviva Long Term Incentive Plan 2005 (LTIP) on 26 March 2009.  In accordance with the rules of these Plans, the awards have now vested and the number of shares specified below were released, for no consideration, on 26 March 2012.  The releases under the ABP included additional shares received in lieu of dividends. The awards have been settled on a net of tax basis.

The details are as follows:

Director / PDMR	A Moss	I Mayer	J Ainley	S Machell	A Mackenzie	C Riley	R Spencer
Shares received	391,300	85,491*	120,660	362,942	88,333	114,856	61,898*

*These shares represent awards under the LTIP only.

On 26 March 2012, Mr Ainley transferred 60,330 Aviva plc ordinary shares, for no consideration, through a non-market transfer.

Additionally, 244,070 phantom units awarded to Richard Hoskins (PDMR) on 11 May 2009 were released on a cash-settled basis on 26 March 2012.

Should you have any queries concerning this announcement please contact Neil Wallace, Group Secretarial, Aviva plc (020 7662 2227).

Kirstine Cooper, Group General Counsel and Company Secretary

Aviva plc

London

This notification is made pursuant to Disclosure Rule 3.1.4. Aviva was notified of the above transactions on 26 March 2012.

 

END

 

 

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