Form 8.5 (EPT/NON-RI) - AVIVA PLC

LONDON--()--

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Name of exempt principal trader:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose AVIVA PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt FRIENDS LIFE GROUP LIMITED
  principal trader is connected  
(d) Date position held/dealing undertaken: 1 December 2014
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect FRIENDS LIFE GROUP LIMITED
  of any other party to this offer?  

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 5,415,099 0.18% 6,051,088 0.21%
           
(2) Derivatives (other than
options): 5,560,172 0.19% 3,037,008 0.10%
           
(3) Options and agreements to
purchase/sell: 1,184,139 0.04% 0 0.00%
           
 
TOTAL: 12,159,410 0.41% 9,088,096 0.31%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 287 5.0650 GBP
ORD Purchase 469 4.9998 GBP
ORD Purchase 543 4.9859 GBP
ORD Purchase 664 4.9949 GBP
ORD Purchase 702 5.0675 GBP
ORD Purchase 713 5.0625 GBP
ORD Purchase 726 4.9820 GBP
ORD Purchase 741 4.9935 GBP
ORD Purchase 765 4.9815 GBP
ORD Purchase 800 4.9865 GBP
ORD Purchase 903 4.9885 GBP
ORD Purchase 1,057 4.9945 GBP
ORD Purchase 1,089 4.9905 GBP
ORD Purchase 1,370 4.9830 GBP
ORD Purchase 1,518 4.9860 GBP
ORD Purchase 1,711 5.0550 GBP
ORD Purchase 1,820 4.9925 GBP
ORD Purchase 1,860 4.9960 GBP
ORD Purchase 1,894 4.9800 GBP
ORD Purchase 1,896 5.0575 GBP
ORD Purchase 2,115 4.9890 GBP
ORD Purchase 2,145 4.9880 GBP
ORD Purchase 2,484 4.9810 GBP
ORD Purchase 2,556 4.9920 GBP
ORD Purchase 3,893 4.9915 GBP
ORD Purchase 3,951 5.0000 GBP
ORD Purchase 5,267 5.0275 GBP
ORD Purchase 5,933 5.0103 GBP
ORD Purchase 6,473 5.0125 GBP
ORD Purchase 6,577 4.9910 GBP
ORD Purchase 7,261 5.0150 GBP
ORD Purchase 7,293 4.9981 GBP
ORD Purchase 9,578 5.0136 GBP
ORD Purchase 10,221 5.0168 GBP
ORD Purchase 11,036 5.0075 GBP
ORD Purchase 15,393 5.0089 GBP
ORD Purchase 19,014 5.0092 GBP
ORD Purchase 24,212 5.0050 GBP
ORD Purchase 25,172 4.9943 GBP
ORD Purchase 25,675 5.0126 GBP
ORD Purchase 26,131 5.0100 GBP
ORD Purchase 30,106 5.0170 GBP
ORD Purchase 31,457 5.0056 GBP
ORD Purchase 38,744 4.9930 GBP
ORD Purchase 64,092 5.0169 GBP
ORD Purchase 71,855 4.9983 GBP
ORD Purchase 72,434 4.9917 GBP
ORD Purchase 179,844 5.0192 GBP
ORD Purchase 197,625 4.9940 GBP
ORD Purchase 390,431 4.9900 GBP
ORD Purchase 504,339 5.0025 GBP
ORD Sale 58 4.9919 GBP
ORD Sale 107 4.9950 GBP
ORD Sale 287 5.0650 GBP
ORD Sale 469 4.9998 GBP
ORD Sale 543 4.9859 GBP
ORD Sale 664 4.9949 GBP
ORD Sale 702 5.0675 GBP
ORD Sale 713 5.0625 GBP
ORD Sale 726 4.9820 GBP
ORD Sale 741 4.9935 GBP
ORD Sale 765 4.9815 GBP
ORD Sale 791 5.0550 GBP
ORD Sale 820 5.0045 GBP
ORD Sale 903 4.9885 GBP
ORD Sale 1,057 4.9945 GBP
ORD Sale 1,089 4.9905 GBP
ORD Sale 1,324 4.9846 GBP
ORD Sale 1,370 4.9830 GBP
ORD Sale 1,518 4.9860 GBP
ORD Sale 1,820 4.9925 GBP
ORD Sale 1,860 4.9960 GBP
ORD Sale 1,894 4.9800 GBP
ORD Sale 1,896 5.0575 GBP
ORD Sale 2,145 4.9880 GBP
ORD Sale 2,219 4.9890 GBP
ORD Sale 2,484 4.9810 GBP
ORD Sale 2,818 4.9930 GBP
ORD Sale 3,893 4.9915 GBP
ORD Sale 3,951 5.0000 GBP
ORD Sale 4,342 5.0025 GBP
ORD Sale 4,858 5.0177 GBP
ORD Sale 4,967 5.0076 GBP
ORD Sale 5,267 5.0275 GBP
ORD Sale 5,461 5.0150 GBP
ORD Sale 6,074 4.9922 GBP
ORD Sale 6,473 5.0125 GBP
ORD Sale 6,577 4.9910 GBP
ORD Sale 6,870 5.0038 GBP
ORD Sale 9,804 5.0079 GBP
ORD Sale 11,036 5.0075 GBP
ORD Sale 11,338 5.0071 GBP
ORD Sale 16,853 5.0077 GBP
ORD Sale 20,605 5.0101 GBP
ORD Sale 20,990 5.0005 GBP
ORD Sale 23,026 5.0050 GBP
ORD Sale 24,515 4.9989 GBP
ORD Sale 26,331 5.0100 GBP
ORD Sale 34,999 5.0041 GBP
ORD Sale 44,490 5.0014 GBP
ORD Sale 47,077 5.0027 GBP
ORD Sale 47,220 4.9948 GBP
ORD Sale 65,414 5.0158 GBP
ORD Sale 66,565 5.0047 GBP
ORD Sale 104,626 4.9941 GBP
ORD Sale 116,167 5.0260 GBP
ORD Sale 118,638 4.9900 GBP
ORD Sale 119,393 5.0017 GBP
ORD Sale 198,669 4.9920 GBP
ORD Sale 274,198 5.0124 GBP
ORD Sale 378,699 4.9944 GBP
ORD Sale 580,542 4.9940 GBP
ADR Purchase 400 15.7700 USD
ADR Purchase 12,831 15.7138 USD
ADR Sale 400 15.7700 USD
ADR Sale 12,831 15.7138 USD

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 4,967 5.0076 GBP
ORD CFD Long 25,662 4.9918 GBP
ORD CFD Long 34,565 5.0021 GBP
ORD CFD Long 19,650 4.9856 GBP
ORD SWAP Long 43,012 5.0050 GBP
ORD SWAP Long 64,628 5.0010 GBP
ORD CFD Long 72,977 5.0800 GBP
ORD CFD Long 104,855 5.0402 GBP
ORD CFD Long 367,549 4.9939 GBP
ORD CFD Short 800 4.9924 GBP
ORD SWAP Short 5,933 5.0103 GBP
ORD CFD Short 14,324 4.9933 GBP
ORD SWAP Short 21,952 5.0301 GBP
ORD CFD Short 25,172 4.9943 GBP
ORD CFD Short 25,274 5.0040 GBP
ORD SWAP Short 35,926 4.9930 GBP
ORD SWAP Short 42,650 5.0160 GBP
ORD CFD Short 72,977 5.0800 GBP

(c) Options transactions in respect of existing securities

(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) Exercising

Class of relevant security   Product description

e.g. call option

  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)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. 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:

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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   YES
Date of disclosure: 2 Dec 2014
Contact name: Rajesh Muthanna
Telephone number: 020 3555 4634

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

143221.01

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of the person whose positions/dealings   BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:  
Name of offeror/offeree in relation to whose AVIVA PLC
relevant securities this from relates:  

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Call Options Purchased 804,139 5.6110 European 11 Dec 2014
ORD Put Options Written 380,000 280.0000 American 19 Dec 2014

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 443099
Time of Receipt (offset from UTC): 20141202T121711+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC