Form 8.5 (EPT/RI)- Replacement of Aviva plc

Morgan Stanley & Co. Int'l plc

05 December 2024

 

AMENDMENT(2(b), 2(c)(i), SUPPLEMENTAL FORM 8)

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:	Morgan Stanley & Co. International plc
(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:	Direct Line Insurance Group plc
(d) Date dealing undertaken:	03 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 this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES-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	SALES	3,232,110	4.8545 GBP	4.7800 GBP
32 17/19p ordinary	PURCHASES	5,675,199	4.8565 GBP	4.7805 GBP
32 17/19p ordinary	PURCHASES	18,892	5.7648 EUR	5.7648 EUR
32 17/19p ordinary	PURCHASES	10,866	6.0844 USD	6.0844 USD

(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 long position	47,694	4.7810 GBP
32 17/19p ordinary	CFD	increasing a long position	160	4.7810 GBP
32 17/19p ordinary	CFD	increasing a long position	382	4.7810 GBP
32 17/19p ordinary	CFD	increasing a long position	32,420	4.7810 GBP
32 17/19p ordinary	CFD	increasing a long position	1,063	4.7818 GBP
32 17/19p ordinary	CFD	increasing a long position	2,157	4.7818 GBP
32 17/19p ordinary	CFD	increasing a long position	6,408	4.7818 GBP
32 17/19p ordinary	CFD	increasing a long position	4,046	4.7818 GBP
32 17/19p ordinary	CFD	increasing a long position	18,900	4.7818 GBP
32 17/19p ordinary	CFD	increasing a long position	3,366	4.7843 GBP
32 17/19p ordinary	CFD	increasing a long position	19,500	4.7904 GBP
32 17/19p ordinary	CFD	increasing a long position	24,517	4.7964 GBP
32 17/19p ordinary	CFD	increasing a long position	143,729	4.7964 GBP
32 17/19p ordinary	CFD	increasing a long position	4,089	4.8030 GBP
32 17/19p ordinary	CFD	increasing a long position	2,841	4.8065 GBP
32 17/19p ordinary	CFD	increasing a long position	451	4.8150 GBP
32 17/19p ordinary	CFD	increasing a long position	7,110	4.8257 GBP
32 17/19p ordinary	CFD	increasing a long position	4,193	4.8304 GBP
32 17/19p ordinary	CFD	increasing a long position	6,640	4.8304 GBP
32 17/19p ordinary	CFD	increasing a long position	1,101	4.8304 GBP
32 17/19p ordinary	CFD	increasing a long position	19,585	4.8304 GBP
32 17/19p ordinary	CFD	increasing a long position	2,235	4.8304 GBP
32 17/19p ordinary	CFD	increasing a long position	2,669	4.8332 GBP
32 17/19p ordinary	CFD	increasing a long position	2,716	4.8351 GBP
32 17/19p ordinary	CFD	increasing a long position	17	4.8372 GBP
32 17/19p ordinary	CFD	increasing a long position	35	4.8372 GBP
32 17/19p ordinary	CFD	increasing a long position	312	4.8372 GBP
32 17/19p ordinary	CFD	increasing a long position	66	4.8372 GBP
32 17/19p ordinary	CFD	increasing a long position	106	4.8372 GBP
32 17/19p ordinary	CFD	increasing a long position	84,600	4.8376 GBP
32 17/19p ordinary	CFD	increasing a long position	4,854	4.8379 GBP
32 17/19p ordinary	CFD	increasing a long position	2,166	4.8400 GBP
32 17/19p ordinary	CFD	increasing a long position	27	4.8408 GBP
32 17/19p ordinary	CFD	increasing a long position	14	4.8408 GBP
32 17/19p ordinary	CFD	increasing a long position	7	4.8408 GBP
32 17/19p ordinary	CFD	increasing a long position	43	4.8408 GBP
32 17/19p ordinary	CFD	increasing a long position	128	4.8408 GBP
32 17/19p ordinary	CFD	increasing a long position	158	4.8412 GBP
32 17/19p ordinary	CFD	increasing a long position	6,775	4.8464 GBP
32 17/19p ordinary	CFD	increasing a short position	42	4.7810 GBP
32 17/19p ordinary	CFD	increasing a short position	372,965	4.7810 GBP
32 17/19p ordinary	CFD	increasing a short position	3,871	4.7810 GBP
32 17/19p ordinary	CFD	increasing a short position	651	4.7810 GBP
32 17/19p ordinary	CFD	increasing a short position	90,672	4.7812 GBP
32 17/19p ordinary	CFD	increasing a short position	702	4.7813 GBP
32 17/19p ordinary	CFD	increasing a short position	3,929	4.7843 GBP
32 17/19p ordinary	CFD	increasing a short position	2,443	4.7843 GBP
32 17/19p ordinary	CFD	increasing a short position	40,126	4.7963 GBP
32 17/19p ordinary	CFD	increasing a short position	5,020	4.7968 GBP
32 17/19p ordinary	CFD	increasing a short position	1,792	4.7971 GBP
32 17/19p ordinary	CFD	increasing a short position	2,973	4.7988 GBP
32 17/19p ordinary	CFD	increasing a short position	398	4.7998 GBP
32 17/19p ordinary	CFD	increasing a short position	74	4.8003 GBP
32 17/19p ordinary	CFD	increasing a short position	1,132	4.8026 GBP
32 17/19p ordinary	CFD	increasing a short position	151,983	4.8026 GBP
32 17/19p ordinary	CFD	increasing a short position	65	4.8027 GBP
32 17/19p ordinary	CFD	increasing a short position	295	4.8027 GBP
32 17/19p ordinary	CFD	increasing a short position	193,100	4.8028 GBP
32 17/19p ordinary	CFD	increasing a short position	12,293	4.8032 GBP
32 17/19p ordinary	CFD	increasing a short position	10,866	4.8037 GBP
32 17/19p ordinary	CFD	increasing a short position	25,304	4.8042 GBP
32 17/19p ordinary	CFD	increasing a short position	400	4.8043 GBP
32 17/19p ordinary	CFD	increasing a short position	1,200	4.8043 GBP
32 17/19p ordinary	CFD	increasing a short position	30,379	4.8153 GBP
32 17/19p ordinary	CFD	increasing a short position	96,689	4.8207 GBP
32 17/19p ordinary	CFD	increasing a short position	37,222	4.8225 GBP
32 17/19p ordinary	CFD	increasing a short position	233	4.8261 GBP
32 17/19p ordinary	CFD	increasing a short position	2,295,002	4.8305 GBP
32 17/19p ordinary	CFD	increasing a short position	1,479	4.8400 GBP
32 17/19p ordinary	CFD	increasing a short position	960	4.8400 GBP
32 17/19p ordinary	CFD	increasing a short position	806	4.8426 GBP
32 17/19p ordinary	CFD	increasing a short position	25	4.8439 GBP
32 17/19p ordinary	CFD	increasing a short position	100	4.8443 GBP
32 17/19p ordinary	CFD	increasing a short position	894	4.8473 GBP
32 17/19p ordinary	CFD	reducing a long position	1,000	4.7810 GBP
32 17/19p ordinary	CFD	reducing a long position	50,535	4.7810 GBP
32 17/19p ordinary	CFD	reducing a long position	17,933	4.7810 GBP
32 17/19p ordinary	CFD	reducing a long position	451	4.7810 GBP
32 17/19p ordinary	CFD	reducing a long position	2,044	4.7810 GBP
32 17/19p ordinary	CFD	reducing a long position	4,667	4.7817 GBP
32 17/19p ordinary	CFD	reducing a long position	2,029	4.7817 GBP
32 17/19p ordinary	CFD	reducing a long position	18,892	4.7841 GBP
32 17/19p ordinary	CFD	reducing a long position	5,265	4.7961 GBP
32 17/19p ordinary	CFD	reducing a long position	6,518	4.7988 GBP
32 17/19p ordinary	CFD	reducing a long position	83,070	4.8028 GBP
32 17/19p ordinary	CFD	reducing a long position	10,231	4.8028 GBP
32 17/19p ordinary	CFD	reducing a long position	1,052	4.8036 GBP
32 17/19p ordinary	CFD	reducing a long position	513	4.8069 GBP
32 17/19p ordinary	CFD	reducing a long position	7,848	4.8096 GBP
32 17/19p ordinary	CFD	reducing a long position	942	4.8113 GBP
32 17/19p ordinary	CFD	reducing a long position	159	4.8137 GBP
32 17/19p ordinary	CFD	reducing a long position	8,128	4.8207 GBP
32 17/19p ordinary	CFD	reducing a long position	7,110	4.8217 GBP
32 17/19p ordinary	CFD	reducing a long position	1,199	4.8259 GBP
32 17/19p ordinary	CFD	reducing a long position	3,708	4.8268 GBP
32 17/19p ordinary	CFD	reducing a long position	2,669	4.8437 GBP
32 17/19p ordinary	CFD	reducing a short position	1,904	4.7800 GBP
32 17/19p ordinary	CFD	reducing a short position	32,181	4.7809 GBP
32 17/19p ordinary	CFD	reducing a short position	1,479	4.7810 GBP
32 17/19p ordinary	CFD	reducing a short position	30,759	4.7810 GBP
32 17/19p ordinary	CFD	reducing a short position	7,575	4.7810 GBP
32 17/19p ordinary	CFD	reducing a short position	116	4.7810 GBP
32 17/19p ordinary	CFD	reducing a short position	9,699	4.7853 GBP
32 17/19p ordinary	CFD	reducing a short position	35,817	4.7976 GBP
32 17/19p ordinary	CFD	reducing a short position	46,708	4.7991 GBP
32 17/19p ordinary	CFD	reducing a short position	2,359	4.8005 GBP
32 17/19p ordinary	CFD	reducing a short position	373,859	4.8233 GBP
32 17/19p ordinary	CFD	reducing a short position	60,181	4.8320 GBP
32 17/19p ordinary	CFD	reducing a short position	128	4.8399 GBP
32 17/19p ordinary	CFD	reducing a short position	1,359	4.8418 GBP
32 17/19p ordinary	CFD	reducing a short position	5,445	4.8420 GBP
32 17/19p ordinary	CFD	reducing a short position	755	4.8426 GBP
32 17/19p ordinary	CFD	reducing a short position	462	4.8426 GBP
32 17/19p ordinary	CFD	reducing a short position	4,256	4.8430 GBP
32 17/19p ordinary	CFD	reducing a short position	2,875	4.8454 GBP
32 17/19p ordinary	CFD	reducing a short position	413	4.8513 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
32 17/19p ordinary	CALL	WRITING	377,000	104.9152	European	20/12/2024	0.2522 EUR

(ii)        Exercise

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

(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)
N/A	N/A	N/A	N/A

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:	Craig Horsley
Telephone number:	[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 dealing disclosure requirements on [phone].

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

 

END