Form 8.5 (EPT/RI) - Aviva PLC

GoldmanSachs International

23 January 2025

 

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:	22 January 2025
(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	4,185,757	5.1400 GBP	4.9700 GBP
32 17/19p ordinary	Sales	3,578,541	5.1410 GBP	4.9700 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	Increasing a short position	5,657	4.9706 GBP
32 17/19p ordinary	CFD	Reducing a long position	719	4.9707 GBP
32 17/19p ordinary	CFD	Reducing a short position	22,936	5.0042 GBP
32 17/19p ordinary	CFD	Increasing a long position	43	5.0070 GBP
32 17/19p ordinary	CFD	Increasing a long position	5,819	5.0190 GBP
32 17/19p ordinary	CFD	Increasing a long position	5,287	5.0190 GBP
32 17/19p ordinary	CFD	Reducing a short position	9,843	5.0304 GBP
32 17/19p ordinary	CFD	Increasing a short position	7,838	5.0495 GBP
32 17/19p ordinary	CFD	Increasing a short position	17,946	5.0495 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,687	5.0794 GBP
32 17/19p ordinary	CFD	Reducing a long position	6,299	5.0794 GBP
32 17/19p ordinary	CFD	Reducing a long position	180	5.0794 GBP
32 17/19p ordinary	CFD	Reducing a long position	397	5.0794 GBP
32 17/19p ordinary	CFD	Reducing a short position	12,814	5.0822 GBP
32 17/19p ordinary	CFD	Increasing a short position	30,284	5.0954 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,356	5.0974 GBP
32 17/19p ordinary	CFD	Reducing a long position	539	5.0988 GBP
32 17/19p ordinary	CFD	Reducing a long position	500	5.1028 GBP
32 17/19p ordinary	CFD	Opening a short position	323,458	5.1033 GBP
32 17/19p ordinary	CFD	Increasing a long position	3	5.1033 GBP
32 17/19p ordinary	CFD	Reducing a short position	9,049	5.1041 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,987	5.1042 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,555	5.1047 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,773	5.1054 GBP
32 17/19p ordinary	CFD	Increasing a short position	12,425	5.1056 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,449	5.1058 GBP
32 17/19p ordinary	CFD	Increasing a long position	3	5.1067 GBP
32 17/19p ordinary	CFD	Reducing a short position	4,706	5.1076 GBP
32 17/19p ordinary	CFD	Increasing a short position	63,578	5.1077 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,166	5.1089 GBP
32 17/19p ordinary	CFD	Reducing a short position	22,000	5.1095 GBP
32 17/19p ordinary	CFD	Reducing a short position	3,500	5.1095 GBP
32 17/19p ordinary	CFD	Increasing a long position	55,300	5.1098 GBP
32 17/19p ordinary	CFD	Reducing a long position	2	5.1100 GBP
32 17/19p ordinary	CFD	Increasing a short position	37,446	5.1101 GBP
32 17/19p ordinary	CFD	Increasing a long position	5,750	5.1103 GBP
32 17/19p ordinary	CFD	Increasing a long position	161	5.1103 GBP
32 17/19p ordinary	CFD	Increasing a long position	361	5.1103 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,541	5.1103 GBP
32 17/19p ordinary	CFD	Opening a long position	12,650	5.1109 GBP
32 17/19p ordinary	CFD	Increasing a long position	3,347	5.1112 GBP
32 17/19p ordinary	CFD	Increasing a long position	719	5.1114 GBP
32 17/19p ordinary	CFD	Increasing a long position	25,951	5.1116 GBP
32 17/19p ordinary	CFD	Reducing a short position	9,531	5.1119 GBP
32 17/19p ordinary	CFD	Reducing a short position	15,957	5.1120 GBP
32 17/19p ordinary	CFD	Opening a short position	87,271	5.1120 GBP
32 17/19p ordinary	CFD	Reducing a long position	12,650	5.1120 GBP
32 17/19p ordinary	CFD	Reducing a long position	7,588	5.1120 GBP
32 17/19p ordinary	CFD	Opening a long position	87,271	5.1120 GBP
32 17/19p ordinary	CFD	Opening a short position	15,875	5.1121 GBP
32 17/19p ordinary	CFD	Increasing a short position	2,468	5.1128 GBP
32 17/19p ordinary	CFD	Increasing a short position	8,124	5.1128 GBP
32 17/19p ordinary	CFD	Reducing a short position	2,846	5.1129 GBP
32 17/19p ordinary	CFD	Reducing a long position	1	5.1138 GBP
32 17/19p ordinary	CFD	Opening a short position	15,957	5.1138 GBP
32 17/19p ordinary	CFD	Increasing a long position	844	5.1146 GBP
32 17/19p ordinary	CFD	Opening a long position	7,588	5.1157 GBP
32 17/19p ordinary	CFD	Reducing a short position	127	5.1157 GBP
32 17/19p ordinary	CFD	Increasing a long position	25	5.1162 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,952	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,658	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,122	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	39,274	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	2,494	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	24,160	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	19,777	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,178	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	3,492	5.1169 GBP
32 17/19p ordinary	CFD	Increasing a long position	7,575	5.1173 GBP
32 17/19p ordinary	CFD	Reducing a short position	15,875	5.1179 GBP
32 17/19p ordinary	CFD	Increasing a short position	126	5.1180 GBP
32 17/19p ordinary	CFD	Opening a long position	109,097	5.1206 GBP
32 17/19p ordinary	CFD	Opening a long position	109,097	5.1214 GBP
32 17/19p ordinary	CFD	Reducing a short position	21	5.1223 GBP
32 17/19p ordinary	CFD	Increasing a long position	25	5.1234 GBP
32 17/19p ordinary	CFD	Reducing a short position	2	5.1252 GBP
32 17/19p ordinary	CFD	Increasing a short position	24,200	5.1265 GBP
32 17/19p ordinary	CFD	Increasing a long position	6,334	5.1269 GBP
32 17/19p ordinary	CFD	Increasing a long position	150	5.1272 GBP
32 17/19p ordinary	CFD	Increasing a long position	25	5.1332 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 January 2025
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