Form 8.5 (EPT/RI) - Aviva PLC

GoldmanSachs International

23 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:	20 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	2,297,471	4.5880 GBP	4.5210 GBP
32 17/19p ordinary	Sales	1,678,175	4.5890 GBP	4.5249 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 short position	415	4.5279 GBP
32 17/19p ordinary	CFD	Increasing a short position	34,628	4.5292 GBP
32 17/19p ordinary	CFD	Reducing a short position	23,417	4.5317 GBP
32 17/19p ordinary	CFD	Increasing a long position	10,833	4.5378 GBP
32 17/19p ordinary	CFD	Increasing a short position	17,800	4.5398 GBP
32 17/19p ordinary	CFD	Reducing a short position	52	4.5456 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,469	4.5476 GBP
32 17/19p ordinary	CFD	Increasing a long position	368	4.5494 GBP
32 17/19p ordinary	CFD	Increasing a long position	8	4.5494 GBP
32 17/19p ordinary	CFD	Increasing a long position	10	4.5494 GBP
32 17/19p ordinary	CFD	Increasing a long position	97	4.5494 GBP
32 17/19p ordinary	CFD	Opening a short position	84	4.5515 GBP
32 17/19p ordinary	CFD	Opening a long position	91,974	4.5544 GBP
32 17/19p ordinary	CFD	Increasing a long position	32,084	4.5591 GBP
32 17/19p ordinary	CFD	Opening a long position	2,688	4.5593 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,130	4.5593 GBP
32 17/19p ordinary	CFD	Increasing a short position	4,688	4.5623 GBP
32 17/19p ordinary	CFD	Reducing a long position	258,300	4.5642 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,167	4.5657 GBP
32 17/19p ordinary	CFD	Reducing a short position	351	4.5670 GBP
32 17/19p ordinary	CFD	Opening a short position	163,590	4.5671 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,567	4.5674 GBP
32 17/19p ordinary	CFD	Increasing a short position	4,605	4.5683 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,025	4.5693 GBP
32 17/19p ordinary	CFD	Opening a short position	23,417	4.5695 GBP
32 17/19p ordinary	CFD	Reducing a short position	8,892	4.5697 GBP
32 17/19p ordinary	CFD	Reducing a long position	546	4.5708 GBP
32 17/19p ordinary	CFD	Increasing a short position	69,472	4.5714 GBP
32 17/19p ordinary	CFD	Reducing a short position	790	4.5715 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,305	4.5715 GBP
32 17/19p ordinary	CFD	Reducing a short position	41,546	4.5716 GBP
32 17/19p ordinary	CFD	Increasing a short position	29,887	4.5717 GBP
32 17/19p ordinary	CFD	Reducing a short position	51,200	4.5719 GBP
32 17/19p ordinary	CFD	Reducing a short position	102,558	4.5720 GBP
32 17/19p ordinary	CFD	Increasing a long position	64	4.5720 GBP
32 17/19p ordinary	CFD	Increasing a short position	38,799	4.5720 GBP
32 17/19p ordinary	CFD	Opening a short position	220	4.5720 GBP
32 17/19p ordinary	CFD	Opening a long position	156	4.5720 GBP
32 17/19p ordinary	CFD	Reducing a short position	32	4.5720 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,687	4.5720 GBP
32 17/19p ordinary	CFD	Reducing a long position	1	4.5720 GBP
32 17/19p ordinary	CFD	Increasing a short position	10,564	4.5720 GBP
32 17/19p ordinary	CFD	Opening a short position	1,130	4.5721 GBP
32 17/19p ordinary	CFD	Increasing a short position	7,481	4.5724 GBP
32 17/19p ordinary	CFD	Opening a short position	5,343	4.5725 GBP
32 17/19p ordinary	CFD	Opening a short position	8,147	4.5727 GBP
32 17/19p ordinary	CFD	Reducing a long position	18,858	4.5729 GBP
32 17/19p ordinary	CFD	Reducing a short position	59,800	4.5752 GBP
32 17/19p ordinary	CFD	Increasing a short position	10,565	4.5797 GBP
32 17/19p ordinary	CFD	Increasing a long position	168	4.5860 GBP
32 17/19p ordinary	CFD	Increasing a long position	4	4.5860 GBP
32 17/19p ordinary	CFD	Increasing a long position	4	4.5860 GBP
32 17/19p ordinary	CFD	Reducing a long position	221	4.5860 GBP
32 17/19p ordinary	CFD	Increasing a long position	45	4.5860 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:	23 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