24th Jun 2025 11:52
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: | 23 June 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 | 2,306,8282,098 | 6.2280 GBP8.3645 USD | 6.1680 GBP8.3645 USD |
32 17/19p ordinary | Sales | 3,971,361 | 6.2320 GBP | 6.1720 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 long position | 67,037 | 6.1761 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,979 | 6.1771 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 40 | 6.1772 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,158 | 6.1772 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 122 | 6.1772 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 3,996 | 6.1772 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 275 | 6.1772 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,240 | 6.1776 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 827 | 6.1778 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 7,662 | 6.1778 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 34,288 | 6.1778 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 72 | 6.1780 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 12,687 | 6.1780 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,380 | 6.1780 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,226 | 6.1780 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 168,312 | 6.1780 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 20,724 | 6.1780 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 14,143 | 6.1783 GBP |
32 17/19p ordinary | CFD | Opening a short position | 4,645 | 6.1783 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 13,869 | 6.1784 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 13,661 | 6.1792 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 10,367 | 6.1796 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,944 | 6.1799 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,146 | 6.1799 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 406 | 6.1801 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 296,534 | 6.1807 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 150 | 6.1808 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 229 | 6.1808 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,119 | 6.1816 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 503 | 6.1816 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 15,129 | 6.1816 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,162 | 6.1816 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 213 | 6.1822 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 786 | 6.1822 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 9,387 | 6.1823 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 319 | 6.1826 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 759 | 6.1829 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 89 | 6.1829 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,788 | 6.1829 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 189 | 6.1829 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 261 | 6.1830 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 50,857 | 6.1836 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 9,027 | 6.1844 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 400 | 6.1845 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,471 | 6.1845 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 413 | 6.1849 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 56,109 | 6.1862 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,837 | 6.1864 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 193 | 6.1864 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 6,751 | 6.1864 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 436 | 6.1864 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 8,639 | 6.1864 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 175 | 6.1869 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 640 | 6.1869 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 994 | 6.1875 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,124 | 6.1876 GBP |
32 17/19p ordinary | CFD | Opening a long position | 236 | 6.1877 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,012 | 6.1878 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 129 | 6.1880 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,576 | 6.1880 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 279 | 6.1880 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 5,790 | 6.1880 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 375 | 6.1880 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 28,670 | 6.1881 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 3,468 | 6.1881 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 19,476 | 6.1882 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 821 | 6.1885 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 435 | 6.1885 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 15,953 | 6.1889 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,689 | 6.1889 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 58,572 | 6.1889 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 3,799 | 6.1889 GBP |
32 17/19p ordinary | CFD | Opening a long position | 282,059 | 6.1893 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 17,995 | 6.1908 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,386 | 6.1911 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 407 | 6.1925 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 51 | 6.1925 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,496 | 6.1925 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 108 | 6.1925 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 71,700 | 6.1928 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 4,507 | 6.1934 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 100 | 6.1940 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 600 | 6.1943 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 480 | 6.1956 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 32,052 | 6.1961 GBP |
32 17/19p ordinary | CFD | Opening a long position | 1,724 | 6.1965 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 53,800 | 6.1970 GBP |
32 17/19p ordinary | CFD | Opening a short position | 1,380 | 6.1971 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,154 | 6.1976 GBP |
32 17/19p ordinary | CFD | Opening a long position | 573,400 | 6.1981 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 774 | 6.1987 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 88 | 6.1987 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,846 | 6.1987 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 201 | 6.1987 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 967 | 6.1987 GBP |
32 17/19p ordinary | CFD | Opening a long position | 72 | 6.1989 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,419 | 6.1990 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,383 | 6.1994 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 3,819 | 6.1995 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 2,021 | 6.1995 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 426,240 | 6.2018 GBP |
32 17/19p ordinary | CFD | Increasing a short position | 271,078 | 6.2020 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 573 | 6.2029 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 66 | 6.2029 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 2,105 | 6.2029 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 138 | 6.2029 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 739 | 6.2031 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 296 | 6.2036 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,744 | 6.2037 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,590 | 6.2037 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 217 | 6.2059 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 1,913 | 6.2062 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 804 | 6.2064 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 380 | 6.2069 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 5,340 | 6.2101 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,832 | 6.2105 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 193 | 6.2105 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 6,729 | 6.2105 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 435 | 6.2105 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,568 | 6.2119 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,580 | 6.2120 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 167 | 6.2120 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 5,804 | 6.2120 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 375 | 6.2120 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 140 | 6.2155 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1,072 | 6.2166 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 3,940 | 6.2166 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 254 | 6.2166 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,400 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 73,136 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 15,800 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 4,066 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 94,248 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 6,792 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 300 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,400 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 5,700 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 1,200 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 700 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 500 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 411 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 23,578 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 2,900 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 15,437 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 300 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 100 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 5,700 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 7,900 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 4,000 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 120,392 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 11,400 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 2,900 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 11,400 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 7,900 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 700 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 15,600 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 33,000 | 6.2222 GBP |
32 17/19p ordinary | CFD | Reducing a long position | 23,800 | 6.2222 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 335 | 6.2249 GBP |
32 17/19p ordinary | CFD | Reducing a short position | 1 | 6.2272 GBP |
32 17/19p ordinary | CFD | Increasing a long position | 684 | 6.2278 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: | 24 June 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