Form 8.5 (EPT/RI)-Aviva PLC

GoldmanSachs International

05 December 2024

 

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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:	AVIVA PLC
(d) Date dealing undertaken:	04 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES - disclosing today for 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	Purchases	3,806,406	4.8060 GBP	4.7580 GBP
32 17/19p ordinary	Sales	844,287	4.8045 GBP	4.7560 GBP

(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	Reducing a long position	15,974	4.7620 GBP
32 17/19p ordinary	CFD	Reducing a long position	5,612	4.7620 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,043	4.7624 GBP
32 17/19p ordinary	CFD	Increasing a long position	38	4.7654 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,181	4.7654 GBP
32 17/19p ordinary	CFD	Increasing a long position	34	4.7654 GBP
32 17/19p ordinary	CFD	Increasing a long position	316	4.7654 GBP
32 17/19p ordinary	CFD	Reducing a long position	7	4.7690 GBP
32 17/19p ordinary	CFD	Reducing a long position	25	4.7690 GBP
32 17/19p ordinary	CFD	Reducing a long position	92	4.7690 GBP
32 17/19p ordinary	CFD	Reducing a long position	6	4.7690 GBP
32 17/19p ordinary	CFD	Increasing a long position	3,453	4.7694 GBP
32 17/19p ordinary	CFD	Increasing a long position	33	4.7801 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,023	4.7801 GBP
32 17/19p ordinary	CFD	Increasing a long position	30	4.7801 GBP
32 17/19p ordinary	CFD	Increasing a long position	274	4.7801 GBP
32 17/19p ordinary	CFD	Opening a long position	2,170	4.7858 GBP
32 17/19p ordinary	CFD	Reducing a short position	45,788	4.7860 GBP
32 17/19p ordinary	CFD	Opening a long position	43,200	4.7860 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,371	4.7872 GBP
32 17/19p ordinary	CFD	Reducing a long position	193	4.7876 GBP
32 17/19p ordinary	CFD	Reducing a short position	30,086	4.7879 GBP
32 17/19p ordinary	CFD	Opening a short position	7,716	4.7881 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,170	4.7881 GBP
32 17/19p ordinary	CFD	Increasing a long position	7,068	4.7886 GBP
32 17/19p ordinary	CFD	Increasing a long position	2,457	4.7922 GBP
32 17/19p ordinary	CFD	Increasing a short position	5	4.7923 GBP
32 17/19p ordinary	CFD	Reducing a long position	5	4.7940 GBP
32 17/19p ordinary	CFD	Opening a long position	6,357	4.7945 GBP
32 17/19p ordinary	CFD	Increasing a short position	9,430	4.7947 GBP
32 17/19p ordinary	CFD	Increasing a short position	2,112	4.7951 GBP
32 17/19p ordinary	CFD	Increasing a short position	207	4.7951 GBP
32 17/19p ordinary	CFD	Increasing a short position	308	4.7969 GBP
32 17/19p ordinary	CFD	Increasing a short position	3,223	4.7969 GBP
32 17/19p ordinary	CFD	Reducing a long position	38,400	4.7972 GBP
32 17/19p ordinary	CFD	Reducing a short position	634	4.7975 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,730	4.7975 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,004	4.7975 GBP
32 17/19p ordinary	CFD	Increasing a short position	11,487	4.7977 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,110	4.7977 GBP
32 17/19p ordinary	CFD	Increasing a short position	957	4.7978 GBP
32 17/19p ordinary	CFD	Increasing a short position	91	4.7978 GBP
32 17/19p ordinary	CFD	Increasing a short position	275	4.7982 GBP
32 17/19p ordinary	CFD	Opening a short position	6,192	4.7994 GBP
32 17/19p ordinary	CFD	Reducing a long position	36,897	4.8009 GBP
32 17/19p ordinary	CFD	Opening a long position	465	4.8012 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,388	4.8012 GBP
32 17/19p ordinary	CFD	Reducing a long position	67,653	4.8012 GBP
32 17/19p ordinary	CFD	Increasing a short position	38,659	4.8021 GBP
32 17/19p ordinary	CFD	Reducing a long position	104,582	4.8024 GBP
32 17/19p ordinary	CFD	Reducing a long position	70	4.8034 GBP
32 17/19p ordinary	CFD	Reducing a long position	728	4.8034 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,706	4.8034 GBP
32 17/19p ordinary	CFD	Reducing a long position	58	4.8034 GBP
32 17/19p ordinary	CFD	Reducing a short position	14,476	4.8035 GBP
32 17/19p ordinary	CFD	Reducing a short position	10,901	4.8037 GBP
32 17/19p ordinary	CFD	Opening a long position	18	4.8037 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,652	4.8040 GBP
32 17/19p ordinary	CFD	Reducing a long position	13,086	4.8040 GBP
32 17/19p ordinary	CFD	Reducing a short position	7,716	4.8040 GBP
32 17/19p ordinary	CFD	Reducing a long position	6,357	4.8040 GBP
32 17/19p ordinary	CFD	Increasing a short position	11,200	4.8041 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,600	4.8044 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,700	4.8044 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,008	4.8044 GBP
32 17/19p ordinary	CFD	Increasing a short position	34,900	4.8044 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,339	4.8044 GBP
32 17/19p ordinary	CFD	Increasing a short position	1	4.8047 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,660	4.8060 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,133	4.8060 GBP
32 17/19p ordinary	SWAP	Increasing a long position	19,742	6.0911 USD

(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

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising / exercised against	Number of securities	Exercise price per unit

(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)

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:	05 December 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END