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

Morgan Stanley & Co. Int'l plc

23 December 2024

 

AMENDMENT(2(a), 2(b))

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:	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 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	PURCHASES	2,031,563	4.6000 GBP	4.5620 GBP
32 17/19p ordinary	SALES	3,059,185	4.6554 GBP	4.5557 GBP
32 17/19p ordinary	PURCHASES	25,724	5.5453 EUR	5.5453 EUR

(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	6,600	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	6,300	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	900	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	60,360	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	492	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	13,500	4.5557 GBP
32 17/19p ordinary	CFD	increasing a long position	2,819	4.5697 GBP
32 17/19p ordinary	CFD	increasing a long position	2,736	4.5742 GBP
32 17/19p ordinary	CFD	increasing a long position	2,349	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	362,156	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	4,200	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	53,400	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	39,300	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	25,600	4.5751 GBP
32 17/19p ordinary	CFD	increasing a long position	10,123	4.5803 GBP
32 17/19p ordinary	CFD	increasing a long position	2,879	4.5819 GBP
32 17/19p ordinary	CFD	increasing a long position	164,493	4.5859 GBP
32 17/19p ordinary	CFD	increasing a long position	1,394	4.5860 GBP
32 17/19p ordinary	CFD	increasing a long position	72	4.5860 GBP
32 17/19p ordinary	CFD	increasing a long position	1,886,885	4.6000 GBP
32 17/19p ordinary	CFD	increasing a long position	300	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	30,180	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	196	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	4,500	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	2,100	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	3,300	4.6081 GBP
32 17/19p ordinary	CFD	increasing a long position	17,900	4.6554 GBP
32 17/19p ordinary	CFD	increasing a long position	1,400	4.6554 GBP
32 17/19p ordinary	CFD	increasing a long position	784	4.6554 GBP
32 17/19p ordinary	CFD	increasing a long position	120,719	4.6554 GBP
32 17/19p ordinary	CFD	increasing a long position	8,500	4.6554 GBP
32 17/19p ordinary	CFD	increasing a long position	13,100	4.6554 GBP
32 17/19p ordinary	CFD	increasing a short position	35	4.5628 GBP
32 17/19p ordinary	CFD	increasing a short position	9,248	4.5684 GBP
32 17/19p ordinary	CFD	increasing a short position	17,900	4.5701 GBP
32 17/19p ordinary	CFD	increasing a short position	251	4.5708 GBP
32 17/19p ordinary	CFD	increasing a short position	754	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	3,600	4.5722 GBP
32 17/19p ordinary	CFD	increasing a short position	83,730	4.5726 GBP
32 17/19p ordinary	CFD	increasing a short position	33,006	4.5726 GBP
32 17/19p ordinary	CFD	increasing a short position	1,642	4.5737 GBP
32 17/19p ordinary	CFD	increasing a short position	21,397	4.5737 GBP
32 17/19p ordinary	CFD	increasing a short position	40,219	4.5739 GBP
32 17/19p ordinary	CFD	increasing a short position	21,614	4.5739 GBP
32 17/19p ordinary	CFD	increasing a short position	13,126	4.5739 GBP
32 17/19p ordinary	CFD	increasing a short position	43,423	4.5742 GBP
32 17/19p ordinary	CFD	increasing a short position	5,241	4.5757 GBP
32 17/19p ordinary	CFD	increasing a short position	46,776	4.5758 GBP
32 17/19p ordinary	CFD	increasing a short position	4,787	4.5783 GBP
32 17/19p ordinary	CFD	increasing a short position	17,107	4.5788 GBP
32 17/19p ordinary	CFD	increasing a short position	7,905	4.5797 GBP
32 17/19p ordinary	CFD	increasing a short position	347	4.5798 GBP
32 17/19p ordinary	CFD	increasing a short position	2,810	4.5798 GBP
32 17/19p ordinary	CFD	increasing a short position	8	4.5799 GBP
32 17/19p ordinary	CFD	increasing a short position	18,854	4.5803 GBP
32 17/19p ordinary	CFD	increasing a short position	423	4.5824 GBP
32 17/19p ordinary	CFD	increasing a short position	254	4.5824 GBP
32 17/19p ordinary	CFD	increasing a short position	2,012	4.5831 GBP
32 17/19p ordinary	CFD	increasing a short position	25,724	4.5839 GBP
32 17/19p ordinary	CFD	increasing a short position	10	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	1,080	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	172	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	1,546	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	1,011	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	19,971	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	329	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	25,720	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	35,338	4.5860 GBP
32 17/19p ordinary	CFD	increasing a short position	647	4.5869 GBP
32 17/19p ordinary	CFD	increasing a short position	638	4.6000 GBP
32 17/19p ordinary	CFD	increasing a short position	423	4.6000 GBP
32 17/19p ordinary	CFD	reducing a long position	14,791	4.5677 GBP
32 17/19p ordinary	CFD	reducing a long position	94	4.5693 GBP
32 17/19p ordinary	CFD	reducing a long position	2,736	4.5726 GBP
32 17/19p ordinary	CFD	reducing a long position	61,003	4.5726 GBP
32 17/19p ordinary	CFD	reducing a long position	1,243	4.5736 GBP
32 17/19p ordinary	CFD	reducing a long position	1,679	4.5739 GBP
32 17/19p ordinary	CFD	reducing a long position	84,989	4.5741 GBP
32 17/19p ordinary	CFD	reducing a long position	3,700	4.5751 GBP
32 17/19p ordinary	CFD	reducing a long position	12,235	4.5769 GBP
32 17/19p ordinary	CFD	reducing a long position	7,565	4.5769 GBP
32 17/19p ordinary	CFD	reducing a long position	4,090	4.5769 GBP
32 17/19p ordinary	CFD	reducing a long position	2,105	4.5769 GBP
32 17/19p ordinary	CFD	reducing a long position	36,542	4.5769 GBP
32 17/19p ordinary	CFD	reducing a long position	7,074	4.5783 GBP
32 17/19p ordinary	CFD	reducing a long position	5,996	4.5783 GBP
32 17/19p ordinary	CFD	reducing a long position	697	4.5824 GBP
32 17/19p ordinary	CFD	reducing a long position	2,828	4.5860 GBP
32 17/19p ordinary	CFD	reducing a long position	4,655	4.5860 GBP
32 17/19p ordinary	CFD	reducing a long position	10	4.5886 GBP
32 17/19p ordinary	CFD	reducing a long position	1,886,885	4.6000 GBP
32 17/19p ordinary	CFD	reducing a long position	1,418	4.6000 GBP
32 17/19p ordinary	CFD	reducing a short position	16,153	4.5721 GBP
32 17/19p ordinary	CFD	reducing a short position	251	4.5728 GBP
32 17/19p ordinary	CFD	reducing a short position	4,384	4.5741 GBP
32 17/19p ordinary	CFD	reducing a short position	86	4.5750 GBP
32 17/19p ordinary	CFD	reducing a short position	67,094	4.5760 GBP
32 17/19p ordinary	CFD	reducing a short position	1,642	4.5776 GBP
32 17/19p ordinary	CFD	reducing a short position	20,268	4.5779 GBP
32 17/19p ordinary	CFD	reducing a short position	19,600	4.5783 GBP
32 17/19p ordinary	CFD	reducing a short position	50,057	4.5790 GBP
32 17/19p ordinary	CFD	reducing a short position	31,078	4.5794 GBP
32 17/19p ordinary	CFD	reducing a short position	216,500	4.5806 GBP
32 17/19p ordinary	CFD	reducing a short position	1,239	4.5859 GBP
32 17/19p ordinary	CFD	reducing a short position	1,594	4.5859 GBP
32 17/19p ordinary	CFD	reducing a short position	638	4.5860 GBP
32 17/19p ordinary	CFD	reducing a short position	19,971	4.5860 GBP
32 17/19p ordinary	CFD	reducing a short position	12	4.5860 GBP
32 17/19p ordinary	CFD	reducing a short position	42,254	4.5860 GBP
32 17/19p ordinary	CFD	reducing a short position	51	4.5951 GBP
32 17/19p ordinary	CFD	reducing a short position	730	4.6000 GBP
32 17/19p ordinary	CFD	reducing a short position	239	4.6000 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(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:	23 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