Form 8.5 (EPT/RI) - Aviva PLC

GoldmanSachs International

20 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:	19 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	1,432,751	4.6035 GBP	4.5600 GBP
32 17/19p ordinary	Sales	3,604,129	4.6167 GBP	4.5557 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	Opening a long position	100	4.5547 GBP
32 17/19p ordinary	CFD	Opening a long position	300	4.5547 GBP
32 17/19p ordinary	CFD	Opening a long position	2,100	4.5547 GBP
32 17/19p ordinary	CFD	Opening a long position	4,500	4.5547 GBP
32 17/19p ordinary	CFD	Reducing a short position	335	4.5613 GBP
32 17/19p ordinary	CFD	Opening a short position	1,597	4.5704 GBP
32 17/19p ordinary	CFD	Reducing a long position	273	4.5708 GBP
32 17/19p ordinary	CFD	Reducing a short position	27,457	4.5709 GBP
32 17/19p ordinary	CFD	Increasing a short position	21,236	4.5711 GBP
32 17/19p ordinary	CFD	Opening a short position	188	4.5712 GBP
32 17/19p ordinary	CFD	Reducing a short position	18,113	4.5712 GBP
32 17/19p ordinary	CFD	Increasing a short position	57,300	4.5717 GBP
32 17/19p ordinary	CFD	Opening a long position	9,211	4.5730 GBP
32 17/19p ordinary	CFD	Opening a long position	16,942	4.5730 GBP
32 17/19p ordinary	CFD	Opening a long position	10,019	4.5730 GBP
32 17/19p ordinary	CFD	Opening a long position	4,583	4.5730 GBP
32 17/19p ordinary	CFD	Opening a long position	57,967	4.5730 GBP
32 17/19p ordinary	CFD	Opening a long position	44,628	4.5730 GBP
32 17/19p ordinary	CFD	Increasing a short position	87,605	4.5733 GBP
32 17/19p ordinary	CFD	Reducing a short position	135	4.5740 GBP
32 17/19p ordinary	CFD	Opening a long position	25,600	4.5742 GBP
32 17/19p ordinary	CFD	Opening a long position	53,400	4.5742 GBP
32 17/19p ordinary	CFD	Opening a long position	4,200	4.5742 GBP
32 17/19p ordinary	CFD	Opening a long position	1,200	4.5742 GBP
32 17/19p ordinary	CFD	Opening a short position	4,895	4.5744 GBP
32 17/19p ordinary	CFD	Opening a short position	4,341	4.5744 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,597	4.5755 GBP
32 17/19p ordinary	CFD	Opening a long position	458	4.5755 GBP
32 17/19p ordinary	CFD	Opening a short position	4,437	4.5756 GBP
32 17/19p ordinary	CFD	Reducing a long position	11,036	4.5756 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,479	4.5758 GBP
32 17/19p ordinary	CFD	Reducing a short position	9,008	4.5767 GBP
32 17/19p ordinary	CFD	Increasing a short position	14,425	4.5770 GBP
32 17/19p ordinary	CFD	Reducing a long position	209	4.5776 GBP
32 17/19p ordinary	CFD	Reducing a short position	56,919	4.5776 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,552	4.5794 GBP
32 17/19p ordinary	CFD	Reducing a long position	95	4.5795 GBP
32 17/19p ordinary	CFD	Reducing a long position	331	4.5795 GBP
32 17/19p ordinary	CFD	Reducing a short position	155	4.5798 GBP
32 17/19p ordinary	CFD	Opening a long position	423	4.5801 GBP
32 17/19p ordinary	CFD	Opening a short position	22,935	4.5816 GBP
32 17/19p ordinary	CFD	Increasing a short position	795	4.5816 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,414	4.5821 GBP
32 17/19p ordinary	CFD	Reducing a long position	24,621	4.5847 GBP
32 17/19p ordinary	CFD	Increasing a long position	570	4.5851 GBP
32 17/19p ordinary	CFD	Opening a short position	27,457	4.5855 GBP
32 17/19p ordinary	CFD	Increasing a short position	48,224	4.5860 GBP
32 17/19p ordinary	CFD	Reducing a long position	130	4.5860 GBP
32 17/19p ordinary	CFD	Reducing a long position	458	4.5860 GBP
32 17/19p ordinary	CFD	Increasing a short position	58,544	4.5860 GBP
32 17/19p ordinary	CFD	Increasing a short position	61,595	4.5863 GBP
32 17/19p ordinary	CFD	Reducing a long position	86	4.5866 GBP
32 17/19p ordinary	CFD	Reducing a long position	303	4.5866 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,305	4.5866 GBP
32 17/19p ordinary	CFD	Opening a short position	97,281	4.5867 GBP
32 17/19p ordinary	CFD	Increasing a short position	5,700	4.5867 GBP
32 17/19p ordinary	CFD	Reducing a long position	6	4.5915 GBP
32 17/19p ordinary	CFD	Reducing a long position	19	4.5915 GBP
32 17/19p ordinary	CFD	Increasing a long position	25	4.5915 GBP
32 17/19p ordinary	CFD	Reducing a short position	246	4.6000 GBP
32 17/19p ordinary	CFD	Increasing a short position	4,163	4.6003 GBP
32 17/19p ordinary	CFD	Opening a long position	2,100	4.6072 GBP
32 17/19p ordinary	CFD	Opening a long position	4,500	4.6072 GBP
32 17/19p ordinary	CFD	Opening a long position	300	4.6072 GBP
32 17/19p ordinary	CFD	Opening a long position	100	4.6072 GBP
32 17/19p ordinary	CFD	Opening a long position	40,077	4.6168 GBP
32 17/19p ordinary	CFD	Opening a long position	231,869	4.6168 GBP
32 17/19p ordinary	CFD	Opening a long position	18,333	4.6168 GBP
32 17/19p ordinary	CFD	Opening a long position	67,767	4.6168 GBP
32 17/19p ordinary	CFD	Opening a long position	36,841	4.6168 GBP
32 17/19p ordinary	CFD	Opening a long position	178,513	4.6168 GBP

(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:	20 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