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

Morgan Stanley & Co. Int'l plc

24 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:	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 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	4,201,738	4.5900 GBP	4.5210 GBP
32 17/19p ordinary	SALES	5,388,563	4.6130 GBP	4.5250 GBP
32 17/19p ordinary	PURCHASES	16,082	5.5197 EUR	5.5197 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	783	4.5472 GBP
32 17/19p ordinary	CFD	increasing a long position	1	4.5524 GBP
32 17/19p ordinary	CFD	increasing a long position	50,219	4.5544 GBP
32 17/19p ordinary	CFD	increasing a long position	186,549	4.5544 GBP
32 17/19p ordinary	CFD	increasing a long position	65,075	4.5591 GBP
32 17/19p ordinary	CFD	increasing a long position	17,518	4.5591 GBP
32 17/19p ordinary	CFD	increasing a long position	150,000	4.5592 GBP
32 17/19p ordinary	CFD	increasing a long position	2,268	4.5627 GBP
32 17/19p ordinary	CFD	increasing a long position	1,915	4.5627 GBP
32 17/19p ordinary	CFD	increasing a long position	13,207	4.5662 GBP
32 17/19p ordinary	CFD	increasing a long position	760	4.5691 GBP
32 17/19p ordinary	CFD	increasing a long position	104	4.5700 GBP
32 17/19p ordinary	CFD	increasing a long position	10,081	4.5717 GBP
32 17/19p ordinary	CFD	increasing a long position	689,766	4.5720 GBP
32 17/19p ordinary	CFD	increasing a long position	372	4.5720 GBP
32 17/19p ordinary	CFD	increasing a long position	13,719	4.5720 GBP
32 17/19p ordinary	CFD	increasing a long position	9,508	4.5726 GBP
32 17/19p ordinary	CFD	increasing a long position	1,401	4.6130 GBP
32 17/19p ordinary	CFD	increasing a long position	17,819	4.6130 GBP
32 17/19p ordinary	CFD	increasing a long position	13,114	4.6130 GBP
32 17/19p ordinary	CFD	increasing a long position	8,509	4.6130 GBP
32 17/19p ordinary	CFD	increasing a long position	784	4.6130 GBP
32 17/19p ordinary	CFD	increasing a long position	120,846	4.6130 GBP
32 17/19p ordinary	CFD	increasing a short position	5,114	4.5415 GBP
32 17/19p ordinary	CFD	increasing a short position	61,673	4.5442 GBP
32 17/19p ordinary	CFD	increasing a short position	68,239	4.5474 GBP
32 17/19p ordinary	CFD	increasing a short position	23,163	4.5477 GBP
32 17/19p ordinary	CFD	increasing a short position	116	4.5481 GBP
32 17/19p ordinary	CFD	increasing a short position	28,354	4.5493 GBP
32 17/19p ordinary	CFD	increasing a short position	9,000	4.5504 GBP
32 17/19p ordinary	CFD	increasing a short position	201	4.5510 GBP
32 17/19p ordinary	CFD	increasing a short position	42,758	4.5521 GBP
32 17/19p ordinary	CFD	increasing a short position	47,276	4.5539 GBP
32 17/19p ordinary	CFD	increasing a short position	9,857	4.5553 GBP
32 17/19p ordinary	CFD	increasing a short position	3,908	4.5555 GBP
32 17/19p ordinary	CFD	increasing a short position	2	4.5590 GBP
32 17/19p ordinary	CFD	increasing a short position	1,600	4.5593 GBP
32 17/19p ordinary	CFD	increasing a short position	375	4.5613 GBP
32 17/19p ordinary	CFD	increasing a short position	85	4.5613 GBP
32 17/19p ordinary	CFD	increasing a short position	87	4.5613 GBP
32 17/19p ordinary	CFD	increasing a short position	61,843	4.5621 GBP
32 17/19p ordinary	CFD	increasing a short position	59,541	4.5625 GBP
32 17/19p ordinary	CFD	increasing a short position	19,431	4.5625 GBP
32 17/19p ordinary	CFD	increasing a short position	110,191	4.5628 GBP
32 17/19p ordinary	CFD	increasing a short position	2,900	4.5632 GBP
32 17/19p ordinary	CFD	increasing a short position	17,055	4.5640 GBP
32 17/19p ordinary	CFD	increasing a short position	2,100	4.5640 GBP
32 17/19p ordinary	CFD	increasing a short position	4,419	4.5661 GBP
32 17/19p ordinary	CFD	increasing a short position	26,410	4.5671 GBP
32 17/19p ordinary	CFD	increasing a short position	1,972	4.5694 GBP
32 17/19p ordinary	CFD	increasing a short position	844	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	354	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	19,927	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	33,439	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	65	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	10,914	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	5,343	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	3,499	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	15,158	4.5720 GBP
32 17/19p ordinary	CFD	increasing a short position	3,432	4.5721 GBP
32 17/19p ordinary	CFD	increasing a short position	63,886	4.5722 GBP
32 17/19p ordinary	CFD	increasing a short position	348	4.5729 GBP
32 17/19p ordinary	CFD	increasing a short position	16,082	4.5730 GBP
32 17/19p ordinary	CFD	increasing a short position	4,410	4.5732 GBP
32 17/19p ordinary	CFD	increasing a short position	2,789	4.5767 GBP
32 17/19p ordinary	CFD	increasing a short position	47	4.5770 GBP
32 17/19p ordinary	CFD	increasing a short position	247	4.5798 GBP
32 17/19p ordinary	CFD	increasing a short position	48	4.5810 GBP
32 17/19p ordinary	CFD	increasing a short position	222	4.5817 GBP
32 17/19p ordinary	CFD	increasing a short position	3,298	4.5845 GBP
32 17/19p ordinary	CFD	increasing a short position	183	4.5878 GBP
32 17/19p ordinary	CFD	reducing a long position	14,469	4.5410 GBP
32 17/19p ordinary	CFD	reducing a long position	82,335	4.5410 GBP
32 17/19p ordinary	CFD	reducing a long position	4,645	4.5410 GBP
32 17/19p ordinary	CFD	reducing a long position	9,107	4.5410 GBP
32 17/19p ordinary	CFD	reducing a long position	27,816	4.5410 GBP
32 17/19p ordinary	CFD	reducing a long position	199	4.5453 GBP
32 17/19p ordinary	CFD	reducing a long position	390	4.5453 GBP
32 17/19p ordinary	CFD	reducing a long position	1,193	4.5453 GBP
32 17/19p ordinary	CFD	reducing a long position	620	4.5453 GBP
32 17/19p ordinary	CFD	reducing a long position	3,533	4.5453 GBP
32 17/19p ordinary	CFD	reducing a long position	2,830	4.5462 GBP
32 17/19p ordinary	CFD	reducing a long position	1,444	4.5462 GBP
32 17/19p ordinary	CFD	reducing a long position	8,646	4.5462 GBP
32 17/19p ordinary	CFD	reducing a long position	4,497	4.5462 GBP
32 17/19p ordinary	CFD	reducing a long position	25,594	4.5462 GBP
32 17/19p ordinary	CFD	reducing a long position	51,189	4.5503 GBP
32 17/19p ordinary	CFD	reducing a long position	5,661	4.5503 GBP
32 17/19p ordinary	CFD	reducing a long position	2,887	4.5503 GBP
32 17/19p ordinary	CFD	reducing a long position	8,994	4.5503 GBP
32 17/19p ordinary	CFD	reducing a long position	17,292	4.5503 GBP
32 17/19p ordinary	CFD	reducing a long position	3,844	4.5504 GBP
32 17/19p ordinary	CFD	reducing a long position	21,882	4.5504 GBP
32 17/19p ordinary	CFD	reducing a long position	2,419	4.5504 GBP
32 17/19p ordinary	CFD	reducing a long position	7,391	4.5504 GBP
32 17/19p ordinary	CFD	reducing a long position	1,234	4.5504 GBP
32 17/19p ordinary	CFD	reducing a long position	2,469	4.5519 GBP
32 17/19p ordinary	CFD	reducing a long position	4,839	4.5519 GBP
32 17/19p ordinary	CFD	reducing a long position	43,762	4.5519 GBP
32 17/19p ordinary	CFD	reducing a long position	14,783	4.5519 GBP
32 17/19p ordinary	CFD	reducing a long position	7,689	4.5519 GBP
32 17/19p ordinary	CFD	reducing a long position	27,651	4.5548 GBP
32 17/19p ordinary	CFD	reducing a long position	3,059	4.5548 GBP
32 17/19p ordinary	CFD	reducing a long position	1,561	4.5548 GBP
32 17/19p ordinary	CFD	reducing a long position	9,342	4.5548 GBP
32 17/19p ordinary	CFD	reducing a long position	4,861	4.5548 GBP
32 17/19p ordinary	CFD	reducing a long position	1,528	4.5554 GBP
32 17/19p ordinary	CFD	reducing a long position	41,700	4.5629 GBP
32 17/19p ordinary	CFD	reducing a long position	421	4.5660 GBP
32 17/19p ordinary	CFD	reducing a long position	140	4.5660 GBP
32 17/19p ordinary	CFD	reducing a long position	47	4.5660 GBP
32 17/19p ordinary	CFD	reducing a long position	24	4.5660 GBP
32 17/19p ordinary	CFD	reducing a long position	86	4.5660 GBP
32 17/19p ordinary	CFD	reducing a long position	372	4.5700 GBP
32 17/19p ordinary	CFD	reducing a long position	105	4.5720 GBP
32 17/19p ordinary	CFD	reducing a long position	15,000	4.5720 GBP
32 17/19p ordinary	CFD	reducing a short position	25,117	4.5342 GBP
32 17/19p ordinary	CFD	reducing a short position	4,981	4.5425 GBP
32 17/19p ordinary	CFD	reducing a short position	8,648	4.5425 GBP
32 17/19p ordinary	CFD	reducing a short position	35,915	4.5435 GBP
32 17/19p ordinary	CFD	reducing a short position	201	4.5475 GBP
32 17/19p ordinary	CFD	reducing a short position	3,303	4.5487 GBP
32 17/19p ordinary	CFD	reducing a short position	3,176	4.5505 GBP
32 17/19p ordinary	CFD	reducing a short position	10,917	4.5515 GBP
32 17/19p ordinary	CFD	reducing a short position	8	4.5524 GBP
32 17/19p ordinary	CFD	reducing a short position	50,578	4.5586 GBP
32 17/19p ordinary	CFD	reducing a short position	131	4.5587 GBP
32 17/19p ordinary	CFD	reducing a short position	51,800	4.5593 GBP
32 17/19p ordinary	CFD	reducing a short position	358,354	4.5594 GBP
32 17/19p ordinary	CFD	reducing a short position	73,242	4.5597 GBP
32 17/19p ordinary	CFD	reducing a short position	23,163	4.5604 GBP
32 17/19p ordinary	CFD	reducing a short position	22,072	4.5628 GBP
32 17/19p ordinary	CFD	reducing a short position	17,295	4.5634 GBP
32 17/19p ordinary	CFD	reducing a short position	4,150	4.5646 GBP
32 17/19p ordinary	CFD	reducing a short position	1,720	4.5688 GBP
32 17/19p ordinary	CFD	reducing a short position	20,011	4.5702 GBP
32 17/19p ordinary	CFD	reducing a short position	2,479	4.5717 GBP
32 17/19p ordinary	CFD	reducing a short position	24,249	4.5718 GBP
32 17/19p ordinary	CFD	reducing a short position	1,129	4.5719 GBP
32 17/19p ordinary	CFD	reducing a short position	80,755	4.5720 GBP
32 17/19p ordinary	CFD	reducing a short position	6,793	4.5720 GBP
32 17/19p ordinary	CFD	reducing a short position	11,250	4.5720 GBP
32 17/19p ordinary	CFD	reducing a short position	3,499	4.5720 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:	24 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