Form 8.5 (EPT/RI) - Aviva

GoldmanSachs International

24 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:	23 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	3,192,845	4.6240 GBP	4.5460 GBP
32 17/19p ordinary	Sales	3,154,834	4.6240 GBP	4.5480 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	53	4.5531 GBP
32 17/19p ordinary	CFD	Reducing a long position	439	4.5531 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,637	4.5531 GBP
32 17/19p ordinary	CFD	Reducing a long position	46	4.5531 GBP
32 17/19p ordinary	CFD	Increasing a short position	28	4.5540 GBP
32 17/19p ordinary	CFD	Reducing a long position	130	4.5547 GBP
32 17/19p ordinary	CFD	Increasing a long position	77,814	4.5591 GBP
32 17/19p ordinary	CFD	Increasing a long position	3	4.5645 GBP
32 17/19p ordinary	CFD	Increasing a long position	107	4.5645 GBP
32 17/19p ordinary	CFD	Reducing a long position	142	4.5645 GBP
32 17/19p ordinary	CFD	Increasing a long position	3	4.5645 GBP
32 17/19p ordinary	CFD	Increasing a long position	29	4.5645 GBP
32 17/19p ordinary	CFD	Opening a long position	22,664	4.5649 GBP
32 17/19p ordinary	CFD	Opening a long position	50,444	4.5649 GBP
32 17/19p ordinary	CFD	Reducing a long position	15	4.5678 GBP
32 17/19p ordinary	CFD	Reducing a long position	129	4.5678 GBP
32 17/19p ordinary	CFD	Reducing a long position	482	4.5678 GBP
32 17/19p ordinary	CFD	Reducing a long position	14	4.5678 GBP
32 17/19p ordinary	CFD	Opening a long position	22,664	4.5686 GBP
32 17/19p ordinary	CFD	Opening a long position	50,444	4.5686 GBP
32 17/19p ordinary	CFD	Reducing a long position	87	4.5706 GBP
32 17/19p ordinary	CFD	Reducing a long position	159	4.5708 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,352	4.5708 GBP
32 17/19p ordinary	CFD	Reducing a long position	5,057	4.5708 GBP
32 17/19p ordinary	CFD	Reducing a long position	141	4.5708 GBP
32 17/19p ordinary	CFD	Increasing a long position	54,392	4.5713 GBP
32 17/19p ordinary	CFD	Reducing a long position	1	4.5746 GBP
32 17/19p ordinary	CFD	Reducing a short position	26,247	4.5754 GBP
32 17/19p ordinary	CFD	Reducing a short position	190	4.5799 GBP
32 17/19p ordinary	CFD	Opening a long position	13,511	4.5847 GBP
32 17/19p ordinary	CFD	Opening a long position	13,511	4.5860 GBP
32 17/19p ordinary	CFD	Reducing a long position	482	4.5869 GBP
32 17/19p ordinary	CFD	Increasing a long position	203	4.5875 GBP
32 17/19p ordinary	CFD	Increasing a short position	658	4.5907 GBP
32 17/19p ordinary	CFD	Reducing a long position	2	4.5910 GBP
32 17/19p ordinary	CFD	Reducing a short position	241	4.5917 GBP
32 17/19p ordinary	CFD	Increasing a long position	4,632	4.5919 GBP
32 17/19p ordinary	CFD	Increasing a short position	4,665	4.5930 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,068	4.5943 GBP
32 17/19p ordinary	CFD	Increasing a long position	286	4.5943 GBP
32 17/19p ordinary	CFD	Increasing a long position	705	4.5967 GBP
32 17/19p ordinary	CFD	Increasing a long position	189	4.5967 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,757	4.5971 GBP
32 17/19p ordinary	CFD	Reducing a long position	50,600	4.6012 GBP
32 17/19p ordinary	CFD	Reducing a long position	34,404	4.6013 GBP
32 17/19p ordinary	CFD	Opening a long position	2,078	4.6021 GBP
32 17/19p ordinary	CFD	Reducing a short position	1,197	4.6021 GBP
32 17/19p ordinary	CFD	Reducing a long position	22,936	4.6039 GBP
32 17/19p ordinary	CFD	Reducing a long position	17,100	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,200	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,902	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,400	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	8,900	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,600	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	16,000	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	7,600	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	35,600	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	4,279	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,900	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	400	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	241	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	600	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,300	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	100	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	300	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	800	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	100	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	30	4.6046 GBP
32 17/19p ordinary	CFD	Reducing a long position	200	4.6046 GBP
32 17/19p ordinary	CFD	Opening a long position	28,307	4.6058 GBP
32 17/19p ordinary	CFD	Reducing a long position	27,631	4.6066 GBP
32 17/19p ordinary	CFD	Reducing a long position	133,885	4.6066 GBP
32 17/19p ordinary	CFD	Reducing a long position	13,750	4.6066 GBP
32 17/19p ordinary	CFD	Reducing a long position	173,902	4.6066 GBP
32 17/19p ordinary	CFD	Reducing a long position	50,825	4.6066 GBP
32 17/19p ordinary	CFD	Reducing a long position	30,057	4.6066 GBP
32 17/19p ordinary	CFD	Opening a long position	133,452	4.6068 GBP
32 17/19p ordinary	CFD	Opening a long position	133,452	4.6069 GBP
32 17/19p ordinary	CFD	Increasing a short position	1,600	4.6070 GBP
32 17/19p ordinary	CFD	Increasing a short position	977	4.6072 GBP
32 17/19p ordinary	CFD	Increasing a short position	48,432	4.6076 GBP
32 17/19p ordinary	CFD	Reducing a short position	7,185	4.6080 GBP
32 17/19p ordinary	CFD	Opening a long position	34,582	4.6091 GBP
32 17/19p ordinary	CFD	Reducing a short position	20,362	4.6096 GBP
32 17/19p ordinary	CFD	Opening a long position	15	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	20	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	88	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	80	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	163	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	19	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	53	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	11	4.6105 GBP
32 17/19p ordinary	CFD	Opening a long position	5	4.6105 GBP
32 17/19p ordinary	CFD	Reducing a long position	1,069	4.6110 GBP
32 17/19p ordinary	CFD	Reducing a long position	8,844	4.6110 GBP
32 17/19p ordinary	CFD	Reducing a long position	33,024	4.6110 GBP
32 17/19p ordinary	CFD	Reducing a long position	951	4.6110 GBP
32 17/19p ordinary	CFD	Increasing a long position	67	4.6116 GBP
32 17/19p ordinary	CFD	Reducing a short position	381	4.6119 GBP
32 17/19p ordinary	CFD	Opening a long position	8,509	4.6120 GBP
32 17/19p ordinary	CFD	Opening a long position	8,509	4.6120 GBP
32 17/19p ordinary	CFD	Opening a long position	17,819	4.6121 GBP
32 17/19p ordinary	CFD	Opening a long position	17,819	4.6121 GBP
32 17/19p ordinary	CFD	Opening a long position	1,401	4.6121 GBP
32 17/19p ordinary	CFD	Opening a long position	1,401	4.6121 GBP
32 17/19p ordinary	CFD	Opening a long position	400	4.6121 GBP
32 17/19p ordinary	CFD	Opening a long position	400	4.6121 GBP
32 17/19p ordinary	CFD	Reducing a long position	28	4.6123 GBP
32 17/19p ordinary	CFD	Reducing a long position	234	4.6123 GBP
32 17/19p ordinary	CFD	Reducing a long position	872	4.6123 GBP
32 17/19p ordinary	CFD	Reducing a long position	25	4.6123 GBP
32 17/19p ordinary	CFD	Increasing a long position	7,004	4.6159 GBP
32 17/19p ordinary	CFD	Increasing a short position	935	4.6168 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,302	4.6173 GBP
32 17/19p ordinary	CFD	Increasing a long position	38,566	4.6173 GBP
32 17/19p ordinary	CFD	Increasing a long position	1,157	4.6173 GBP
32 17/19p ordinary	CFD	Increasing a long position	10,328	4.6173 GBP
32 17/19p ordinary	CFD	Increasing a short position	83,349	4.6214 GBP
32 17/19p ordinary	CFD	Reducing a short position	26,400	4.6218 GBP
32 17/19p ordinary	CFD	Opening a long position	25,037	4.6234 GBP
32 17/19p ordinary	CFD	Increasing a long position	130	4.6234 GBP
32 17/19p ordinary	CFD	Reducing a short position	17,184	4.6239 GBP
32 17/19p ordinary	CFD	Reducing a short position	27,246	4.6239 GBP
32 17/19p ordinary	CFD	Reducing a short position	12,158	4.6240 GBP
32 17/19p ordinary	CFD	Increasing a short position	148,224	4.6240 GBP
32 17/19p ordinary	CFD	Increasing a long position	183,630	4.6240 GBP
32 17/19p ordinary	CFD	Increasing a long position	996,170	4.6240 GBP
32 17/19p ordinary	CFD	Reducing a long position	2,078	4.6240 GBP
32 17/19p ordinary	CFD	Opening a short position	1,031,548	4.6240 GBP
32 17/19p ordinary	CFD	Reducing a long position	34,582	4.6240 GBP
32 17/19p ordinary	CFD	Increasing a short position	44,268	4.6243 GBP
32 17/19p ordinary	CFD	Reducing a long position	16,272	4.6245 GBP
32 17/19p ordinary	CFD	Increasing a short position	32	4.6245 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:	24 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