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: 4 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: 12,355,525 0.42% 5,840,779 0.20%
           
(2) Derivatives (other than
options): 4,932,244 0.17% 10,119,621 0.34%
           
(3) Options and agreements to
purchase/sell: 1,184,139 0.04% 0 0.00%
           
 
TOTAL: 18,471,908 0.63% 15,960,400 0.54%

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 297 5.0925 GBP
ORD Purchase 310 5.0700 GBP
ORD Purchase 1,500 5.0150 GBP
ORD Purchase 1,603 5.0775 GBP
ORD Purchase 1,749 5.1000 GBP
ORD Purchase 1,915 5.0110 GBP
ORD Purchase 2,392 5.0350 GBP
ORD Purchase 2,941 5.0453 GBP
ORD Purchase 2,975 5.1050 GBP
ORD Purchase 3,002 5.0800 GBP
ORD Purchase 4,480 5.0850 GBP
ORD Purchase 5,218 5.0550 GBP
ORD Purchase 6,681 5.0697 GBP
ORD Purchase 7,841 5.0950 GBP
ORD Purchase 7,881 5.0300 GBP
ORD Purchase 8,000 5.0575 GBP
ORD Purchase 9,742 5.0450 GBP
ORD Purchase 10,015 5.0750 GBP
ORD Purchase 10,272 5.0451 GBP
ORD Purchase 10,322 5.0100 GBP
ORD Purchase 10,596 5.0431 GBP
ORD Purchase 11,070 5.0510 GBP
ORD Purchase 13,800 5.0250 GBP
ORD Purchase 14,200 5.0473 GBP
ORD Purchase 33,501 5.0538 GBP
ORD Purchase 37,270 5.0600 GBP
ORD Purchase 37,781 5.0546 GBP
ORD Purchase 40,097 5.0500 GBP
ORD Purchase 58,217 5.0583 GBP
ORD Purchase 59,312 5.0452 GBP
ORD Purchase 62,855 5.0428 GBP
ORD Purchase 138,152 5.0416 GBP
ORD Purchase 478,629 5.0415 GBP
ORD Sale 114 5.0961 GBP
ORD Sale 297 5.0925 GBP
ORD Sale 310 5.0700 GBP
ORD Sale 410 5.0520 GBP
ORD Sale 1,500 5.0150 GBP
ORD Sale 1,749 5.1000 GBP
ORD Sale 2,170 5.0161 GBP
ORD Sale 2,392 5.0350 GBP
ORD Sale 3,002 5.0800 GBP
ORD Sale 4,480 5.0850 GBP
ORD Sale 4,600 5.0100 GBP
ORD Sale 5,562 5.1050 GBP
ORD Sale 6,144 5.0809 GBP
ORD Sale 6,275 5.0816 GBP
ORD Sale 7,841 5.0950 GBP
ORD Sale 7,881 5.0300 GBP
ORD Sale 9,202 5.0837 GBP
ORD Sale 9,742 5.0450 GBP
ORD Sale 10,015 5.0750 GBP
ORD Sale 10,431 5.0517 GBP
ORD Sale 13,800 5.0250 GBP
ORD Sale 14,223 5.0648 GBP
ORD Sale 22,381 5.0536 GBP
ORD Sale 25,898 5.0558 GBP
ORD Sale 30,717 5.0506 GBP
ORD Sale 36,457 5.0550 GBP
ORD Sale 37,270 5.0600 GBP
ORD Sale 39,375 5.0328 GBP
ORD Sale 40,097 5.0500 GBP
ORD Sale 59,735 5.0529 GBP
ORD Sale 81,824 5.0570 GBP
ORD Sale 261,021 5.0713 GBP
ADR Purchase 300 15.7700 USD
ADR Purchase 395 15.7450 USD
ADR Sale 300 15.7700 USD
ADR Sale 395 15.7450 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 410 5.0520 GBP
ORD CFD Long 806 5.0295 GBP
ORD SWAP Long 3,400 5.0752 GBP
ORD SWAP Long 14,956 5.0462 GBP
ORD CFD Long 15,000 5.1045 GBP
ORD SWAP Long 15,761 5.0548 GBP
ORD SWAP Long 15,813 5.0647 GBP
ORD SWAP Long 21,523 5.0659 GBP
ORD SWAP Long 25,500 5.0141 GBP
ORD SWAP Long 30,051 5.0671 GBP
ORD CFD Long 37,370 5.0336 GBP
ORD CFD Long 113,167 5.0893 GBP
ORD SWAP Long 131,169 5.0601 GBP
ORD CFD Short 600 5.0254 GBP
ORD SWAP Short 641 5.0101 GBP
ORD CFD Short 1,915 5.0110 GBP
ORD SWAP Short 2,300 5.0551 GBP
ORD CFD Short 4,483 5.0157 GBP
ORD CFD Short 6,113 5.0631 GBP
ORD CFD Short 22,576 5.0136 GBP
ORD CFD Short 24,363 5.0105 GBP
ORD CFD Short 36,736 5.0646 GBP
ORD SWAP Short 44,573 5.0649 GBP
ORD CFD Short 138,152 5.0416 GBP
ORD CFD Short 478,629 5.0415 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: 5 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.

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: 443574
Time of Receipt (offset from UTC): 20141205T112958+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC