30th May 2025 07:00
Amendment - due to the amendment of Derivative transactions, the disclosure made on 22nd May for dealings on 21st May has been updated. Section 2(b) has been updated.
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: | 21 May 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" | NO |
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 | 1,616,605 | 6.0880 GBP | 6.0170 GBP |
32 17/19p ordinary | Sales | 1,721,873 | 6.0870 GBP | 6.0180 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 short position | 12 | 6.0214 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 231 | 6.0219 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1 | 6.0246 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 245 | 6.0248 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,807 | 6.0248 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,022 | 6.0248 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 102 | 6.0248 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 125 | 6.0249 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 415 | 6.0261 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 779 | 6.0262 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 111 | 6.0278 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,732 | 6.0278 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 464 | 6.0278 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 46 | 6.0278 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 808 | 6.0317 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 27,972 | 6.0320 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 136,461 | 6.0340 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 236,468 | 6.0343 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 37,792 | 6.0358 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 19,383 | 6.0358 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,070 | 6.0377 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 7,231 | 6.0388 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,497 | 6.0394 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 884 | 6.0400 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 17,188 | 6.0405 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,181 | 6.0408 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,300 | 6.0408 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 92 | 6.0418 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,439 | 6.0418 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 384 | 6.0418 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 47 | 6.0418 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 11,678 | 6.0433 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 23,341 | 6.0434 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 77,644 | 6.0448 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 2,995 | 6.0450 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 146,489 | 6.0451 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 203 | 6.0458 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,887 | 6.0471 GBP |
32 17/19p ordinary | CFD | Opening a long position | 1,321 | 6.0482 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 7,800 | 6.0482 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 10,770 | 6.0489 GBP |
32 17/19p ordinary | CFD | Opening a long position | 951 | 6.0494 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 162 | 6.0496 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 782 | 6.0499 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 212 | 6.0499 GBP |
32 17/19p ordinary | CFD | Opening a short position | 690 | 6.0510 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 951 | 6.0510 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 15,412 | 6.0535 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,859 | 6.0541 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 377 | 6.0550 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 50 | 6.0555 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 779 | 6.0555 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 209 | 6.0555 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 26 | 6.0555 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,700 | 6.0590 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 5,800 | 6.0590 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 109 | 6.0621 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 23,092 | 6.0624 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 10,560 | 6.0626 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 9,300 | 6.0629 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 170 | 6.0668 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 2,392 | 6.0668 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 641 | 6.0668 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 108 | 6.0668 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 906 | 6.0672 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 202 | 6.0674 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,100 | 6.0674 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 841 | 6.0674 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 819 | 6.0683 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 222 | 6.0683 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 7,383 | 6.0686 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 5,124 | 6.0699 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 109 | 6.0699 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 6,678 | 6.0703 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 55,547 | 6.0727 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 151 | 6.0733 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,500 | 6.0733 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 407 | 6.0733 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 2 | 6.0735 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 26,046 | 6.0738 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3 | 6.0740 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 50 | 6.0740 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 14 | 6.0740 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1 | 6.0740 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 68 | 6.0740 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 38,072 | 6.0743 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 10,800 | 6.0748 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 23,527 | 6.0751 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 7,444 | 6.0757 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 114,419 | 6.0757 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 31,025 | 6.0757 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 3,280 | 6.0757 GBP |
32 17/19p ordinary | CFD | Opening a short position | 23,092 | 6.0759 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3,370 | 6.0761 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 51,709 | 6.0771 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 778 | 6.0774 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 9,634 | 6.0774 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 2,577 | 6.0774 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 499 | 6.0774 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,941 | 6.0779 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 287 | 6.0780 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 4,408 | 6.0780 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,196 | 6.0780 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,549 | 6.0786 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 420 | 6.0786 GBP |
32 17/19p ordinary | CFD | Opening a long position | 243 | 6.0808 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,749 | 6.0811 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 37,421 | 6.0813 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 12,374 | 6.0816 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,440 | 6.0816 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 8,179 | 6.0819 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,858 | 6.0819 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 6,202 | 6.0819 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 31,300 | 6.0819 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 5,541 | 6.0819 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1 | 6.0819 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 4,571 | 6.0819 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 59,569 | 6.0820 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 7,948 | 6.0820 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 436 | 6.0820 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,321 | 6.0820 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 26 | 6.0820 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 664 | 6.0820 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 45,786 | 6.0821 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 51,200 | 6.0821 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 611 | 6.0821 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 2,984 | 6.0821 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,693 | 6.0821 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 10,786 | 6.0823 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 5,531 | 6.0823 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 130 | 6.0825 GBP |
32 17/19p ordinary | CFD | Opening a short position | 1,106 | 6.0825 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 551 | 6.0828 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 150 | 6.0828 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 737 | 6.0829 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 155 | 6.0829 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 74 | 6.0829 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: | 30 May 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.
Related Shares:
Aviva