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 |