Director/PDMR Shareholding

RNS Number : 7691I
Aviva PLC
06 December 2022
 

 

6 December 2022

 

AVIVA PLC ("Aviva")

 

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

 

Aviva announces:

 

The Global Matching Share Plan (GMSP)

 

· On 5 December 2022, in London, the following PDMR received Aviva ordinary shares of 3217/19  pence each (Shares) following the vesting of their Matching Shares from the GMSP.

· The Matching Shares were awarded on a ratio of 2 Matching Shares for each Purchased Share (capped at the first £480pa of Purchased Shares therefore a maximum of £960pa Matching Shares). The Matching Shares have been in a holding period since the end of the 2019 GMSP plan year (January to December 2019). Participation is on the same basis as all eligible employees.

· The release of shares includes additional shares received in lieu of dividends, which are subject to tax. The awards have been settled on a net-of-tax basis.

 

Name

Matching Shares received

No. of shares sold

No. of shares retained

Price at which shares sold

(pence)

Jason Storah

272

146

126

445.63pp

 

 

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

Aviva was notified of the above transactions on 5 December 2022.

 

 

Media Enquiries:  

Sarah Swailes  +44 (0)207 662 6700

 

 

General Enquiries:

Kate Graham, Company Secretarial  +44 (0) 7385 405380

 

 

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

JASON STORAH

2

Reason for the notification

a)

Position/status

CHIEF EXECUTIVE OFFICER, AVIVA CANADA

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AVIVA PLC

b)

LEI

YF0Y5B0IB8SM0ZFG9G81

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

 

SHARES

 

GB00BPQY8M80

b)

Nature of transaction

1. VESTING OF 272 MATCHING SHARES.

 

2. 146 SHARES SOLD TO COVER TAX (AND COSTS) LEAVING BALANCE OF 126 SHARES RETAINED.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



1.  £4.4563

 

2.  £4.4563

1.  272

 

2.  146

 

d)

Aggregated information

Aggregated volume

Price

 

1.  1,212.11

 

2. £650.62

1.  272

 

2.  146

 

e)

Date of the transaction

2022-12-05

f)

Place of the transaction

LONDON STOCK EXCHANGE, XLON

 

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Companies

Aviva (AV.)
UK 100

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