29th Jan 2025 09:56
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: | 28 January 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 | 1,370,561 | 5.0990 GBP | 5.0660 GBP |
32 17/19p ordinary | Sales | 1,440,176 | 5.0980 GBP | 5.0660 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 | 538 | 5.0672 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 695 | 5.0676 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 992 | 5.0676 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,992 | 5.0676 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,333 | 5.0676 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 71 | 5.0676 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,526 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 34 | 5.0680 GBP |
32 17/19p ordinary | CFD | Opening a long position | 77,323 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 123,498 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,356 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 83,948 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 30,275 | 5.0680 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,893 | 5.0680 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 5,916 | 5.0680 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 14,762 | 5.0684 GBP |
32 17/19p ordinary | CFD | Opening a short position | 8,025 | 5.0686 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 165 | 5.0693 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 535 | 5.0694 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 17 | 5.0700 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 143 | 5.0700 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 170 | 5.0700 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 10 | 5.0700 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 205 | 5.0715 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,219 | 5.0724 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,987 | 5.0727 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 14,834 | 5.0727 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 539 | 5.0727 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 938 | 5.0727 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 980 | 5.0728 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 6 | 5.0733 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 12,813 | 5.0738 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 151 | 5.0742 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,313 | 5.0743 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 8,334 | 5.0750 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 18,800 | 5.0750 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 19 | 5.0774 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 4 | 5.0775 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,976 | 5.0787 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 13,019 | 5.0791 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 72 | 5.0791 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 93 | 5.0799 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 809 | 5.0799 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 57 | 5.0799 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 917 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 779 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 527 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 18,444 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,171 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 11,347 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 9,288 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 553 | 5.0801 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,640 | 5.0801 GBP |
32 17/19p ordinary | CFD | Opening a long position | 3,147 | 5.0804 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 111 | 5.0816 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 19,300 | 5.0821 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 8,025 | 5.0824 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 726 | 5.0825 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,300 | 5.0832 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 14,775 | 5.0834 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 422 | 5.0834 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 930 | 5.0834 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3,957 | 5.0834 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,154 | 5.0835 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 4,300 | 5.0843 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 35 | 5.0847 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 78 | 5.0848 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 50 | 5.0850 GBP |
32 17/19p ordinary | CFD | Opening a short position | 2,560 | 5.0850 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,147 | 5.0850 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,325 | 5.0857 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 1,378 | 5.0896 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: | 29 January 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