Form 8.5 (EPT/RI) - Aviva PLC
30th Apr 2025 11:28
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: | 29 April 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 | 4,351,463 | 5.5800 GBP | 5.4800 GBP |
32 17/19p ordinary | Sales | 3,420,543 | 5.5780 GBP | 5.4800 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 | 70 | 5.4860 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 14 | 5.4860 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 53 | 5.4860 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3 | 5.4860 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 10,137 | 5.4901 GBP |
32 17/19p ordinary | CFD | Opening a short position | 22,936 | 5.4981 GBP |
32 17/19p ordinary | CFD | Opening a short position | 22,936 | 5.4981 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 505 | 5.4985 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 581 | 5.4987 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 162 | 5.4987 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 87 | 5.4987 GBP |
32 17/19p ordinary | CFD | Opening a long position | 400 | 5.5006 GBP |
32 17/19p ordinary | CFD | Opening a long position | 3,500 | 5.5006 GBP |
32 17/19p ordinary | CFD | Opening a long position | 4,600 | 5.5006 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 3,960 | 5.5038 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 177 | 5.5059 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 14,172 | 5.5103 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 36,000 | 5.5155 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,351 | 5.5173 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,484 | 5.5174 GBP |
32 17/19p ordinary | CFD | Opening a short position | 5,734 | 5.5179 GBP |
32 17/19p ordinary | CFD | Opening a short position | 5,734 | 5.5181 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 549 | 5.5194 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 344 | 5.5194 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 936 | 5.5199 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,983 | 5.5200 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 43,507 | 5.5206 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 72,200 | 5.5209 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,919 | 5.5228 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 547 | 5.5243 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 17,775 | 5.5270 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,003 | 5.5287 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 306 | 5.5288 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 4,700 | 5.5294 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 82,613 | 5.5295 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 22,852 | 5.5295 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 13,650 | 5.5301 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 299,417 | 5.5314 GBP |
32 17/19p ordinary | CFD | Opening a short position | 287 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 937 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,119 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 543 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 5,416 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 6,496 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 4,899 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 440 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3,609 | 5.5322 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 239 | 5.5322 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 53,306 | 5.5329 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,227 | 5.5335 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,276,025 | 5.5340 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 419,917 | 5.5340 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 4,640 | 5.5367 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 36,340 | 5.5370 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 713 | 5.5398 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 9,000 | 5.5407 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 86,100 | 5.5407 GBP |
32 17/19p ordinary | CFD | Opening a short position | 11,468 | 5.5409 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 16,473 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 14,075 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 22,873 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 13,774 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 6,265 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 31,122 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3,871 | 5.5419 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,413 | 5.5419 GBP |
32 17/19p ordinary | CFD | Opening a short position | 8,547 | 5.5425 GBP |
32 17/19p ordinary | CFD | Opening a long position | 36,885 | 5.5432 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 178,131 | 5.5432 GBP |
32 17/19p ordinary | CFD | Opening a short position | 11,468 | 5.5442 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 11,468 | 5.5453 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 30,679 | 5.5464 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 101,857 | 5.5495 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 8,641 | 5.5501 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 14,805 | 5.5518 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 11,917 | 5.5530 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 871 | 5.5530 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 9,900 | 5.5545 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 5,362 | 5.5554 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 777 | 5.5559 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 77,434 | 5.5572 GBP |
32 17/19p ordinary | CFD | Opening a long position | 169 | 5.5578 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 287 | 5.5578 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 54,858 | 5.5595 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 10,876 | 5.5599 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 2,987 | 5.5602 GBP |
32 17/19p ordinary | CFD | Opening a long position | 1,573 | 5.5609 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 10,776 | 5.5609 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 8,547 | 5.5609 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 7,738 | 5.5612 GBP |
32 17/19p ordinary | CFD | Opening a long position | 16,986 | 5.5612 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 49,950 | 5.5612 GBP |
32 17/19p ordinary | CFD | Opening a long position | 375 | 5.5613 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,581 | 5.5616 GBP |
32 17/19p ordinary | CFD | Opening a long position | 1,982 | 5.5616 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 30,472 | 5.5618 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 6,701 | 5.5619 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 84,023 | 5.5619 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,516 | 5.5619 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 169 | 5.5620 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 18,548 | 5.5620 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,394 | 5.5620 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 363,372 | 5.5621 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 36,885 | 5.5630 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,205 | 5.5635 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 493 | 5.5645 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 998 | 5.5645 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 200 | 5.5648 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 2,033 | 5.5671 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 91,549 | 5.5705 GBP |
32 17/19p ordinary | SWAP | Increasing a long position | 29,297 | 7.3511 USD |
32 17/19p ordinary | SWAP | Reducing a long position | 143,565 | 7.3817 USD |
(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: | 30 April 2025 |
| Contact name: | Papa Lette and Andrzej Szyszka |
| Telephone number: | +33(1) 4212 1459 / +48(22) 317 4817 |
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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.