LONDON--(BUSINESS WIRE)--
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 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: |
FRIENDS LIFE GROUP LIMITED |
|
| (d) Date position held/dealing undertaken: |
16 DEC 2014 |
|
| (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? |
YES: FRIENDS LIFE GROUP LIMITED |
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: | 10,022,343 | 0.34% | 7,705,601 | 0.26% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 4,794,967 | 0.16% | 5,838,610 | 0.20% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 380,000 | 0.01% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 15,197,310 | 0.52% | 13,544,211 | 0.46% | |||||||
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 | 3 | 4.7010 GBP | ||||||
| ORD | Purchase | 200 | 4.6414 GBP | ||||||
| ORD | Purchase | 302 | 4.6140 GBP | ||||||
| ORD | Purchase | 335 | 4.6610 GBP | ||||||
| ORD | Purchase | 370 | 4.6450 GBP | ||||||
| ORD | Purchase | 417 | 4.6401 GBP | ||||||
| ORD | Purchase | 449 | 4.6640 GBP | ||||||
| ORD | Purchase | 535 | 4.6750 GBP | ||||||
| ORD | Purchase | 542 | 4.6510 GBP | ||||||
| ORD | Purchase | 586 | 4.6590 GBP | ||||||
| ORD | Purchase | 694 | 4.6030 GBP | ||||||
| ORD | Purchase | 707 | 4.6110 GBP | ||||||
| ORD | Purchase | 741 | 4.6620 GBP | ||||||
| ORD | Purchase | 943 | 4.6360 GBP | ||||||
| ORD | Purchase | 948 | 4.6490 GBP | ||||||
| ORD | Purchase | 982 | 4.6540 GBP | ||||||
| ORD | Purchase | 1,000 | 4.6290 GBP | ||||||
| ORD | Purchase | 1,011 | 4.6810 GBP | ||||||
| ORD | Purchase | 1,022 | 4.6500 GBP | ||||||
| ORD | Purchase | 1,132 | 4.5890 GBP | ||||||
| ORD | Purchase | 1,255 | 4.6060 GBP | ||||||
| ORD | Purchase | 1,505 | 4.6570 GBP | ||||||
| ORD | Purchase | 1,556 | 4.5954 GBP | ||||||
| ORD | Purchase | 1,637 | 4.6340 GBP | ||||||
| ORD | Purchase | 1,725 | 4.6665 GBP | ||||||
| ORD | Purchase | 1,878 | 4.6880 GBP | ||||||
| ORD | Purchase | 2,132 | 4.6270 GBP | ||||||
| ORD | Purchase | 2,196 | 4.6680 GBP | ||||||
| ORD | Purchase | 2,517 | 4.6768 GBP | ||||||
| ORD | Purchase | 3,037 | 4.6080 GBP | ||||||
| ORD | Purchase | 4,186 | 4.6082 GBP | ||||||
| ORD | Purchase | 4,436 | 4.6820 GBP | ||||||
| ORD | Purchase | 6,327 | 4.6308 GBP | ||||||
| ORD | Purchase | 6,555 | 4.6123 GBP | ||||||
| ORD | Purchase | 7,322 | 4.6197 GBP | ||||||
| ORD | Purchase | 7,628 | 4.6453 GBP | ||||||
| ORD | Purchase | 7,766 | 4.6505 GBP | ||||||
| ORD | Purchase | 8,843 | 4.6280 GBP | ||||||
| ORD | Purchase | 11,351 | 4.6497 GBP | ||||||
| ORD | Purchase | 12,534 | 4.6568 GBP | ||||||
| ORD | Purchase | 14,100 | 4.6648 GBP | ||||||
| ORD | Purchase | 30,015 | 4.6311 GBP | ||||||
| ORD | Purchase | 43,465 | 4.6417 GBP | ||||||
| ORD | Purchase | 46,890 | 4.6456 GBP | ||||||
| ORD | Purchase | 47,121 | 4.6285 GBP | ||||||
| ORD | Purchase | 47,597 | 4.6489 GBP | ||||||
| ORD | Purchase | 61,407 | 4.6506 GBP | ||||||
| ORD | Purchase | 328,012 | 4.6454 GBP | ||||||
| ORD | Sale | 302 | 4.6140 GBP | ||||||
| ORD | Sale | 335 | 4.6610 GBP | ||||||
| ORD | Sale | 370 | 4.6450 GBP | ||||||
| ORD | Sale | 449 | 4.6640 GBP | ||||||
| ORD | Sale | 517 | 4.6425 GBP | ||||||
| ORD | Sale | 535 | 4.6750 GBP | ||||||
| ORD | Sale | 542 | 4.6510 GBP | ||||||
| ORD | Sale | 586 | 4.6590 GBP | ||||||
| ORD | Sale | 694 | 4.6030 GBP | ||||||
| ORD | Sale | 707 | 4.6110 GBP | ||||||
| ORD | Sale | 741 | 4.6620 GBP | ||||||
| ORD | Sale | 943 | 4.6360 GBP | ||||||
| ORD | Sale | 948 | 4.6490 GBP | ||||||
| ORD | Sale | 982 | 4.6540 GBP | ||||||
| ORD | Sale | 1,000 | 4.6290 GBP | ||||||
| ORD | Sale | 1,011 | 4.6810 GBP | ||||||
| ORD | Sale | 1,022 | 4.6500 GBP | ||||||
| ORD | Sale | 1,255 | 4.6060 GBP | ||||||
| ORD | Sale | 1,255 | 4.6570 GBP | ||||||
| ORD | Sale | 1,313 | 4.6321 GBP | ||||||
| ORD | Sale | 1,637 | 4.6340 GBP | ||||||
| ORD | Sale | 1,878 | 4.6880 GBP | ||||||
| ORD | Sale | 2,014 | 4.6928 GBP | ||||||
| ORD | Sale | 2,130 | 4.6182 GBP | ||||||
| ORD | Sale | 2,132 | 4.6270 GBP | ||||||
| ORD | Sale | 2,196 | 4.6680 GBP | ||||||
| ORD | Sale | 3,037 | 4.6080 GBP | ||||||
| ORD | Sale | 4,186 | 4.6082 GBP | ||||||
| ORD | Sale | 4,436 | 4.6820 GBP | ||||||
| ORD | Sale | 4,457 | 4.6427 GBP | ||||||
| ORD | Sale | 6,000 | 4.5890 GBP | ||||||
| ORD | Sale | 8,747 | 4.6162 GBP | ||||||
| ORD | Sale | 13,771 | 4.6378 GBP | ||||||
| ORD | Sale | 17,473 | 4.6598 GBP | ||||||
| ORD | Sale | 64,184 | 4.6346 GBP | ||||||
| ORD | Sale | 95,265 | 4.7010 GBP | ||||||
| ORD | Sale | 168,566 | 4.6411 GBP | ||||||
| ADR | Purchase | 937 | 14.5884 USD | ||||||
| ADR | Sale | 937 | 14.5884 USD | ||||||
| (b) | Derivatives transactions (other than options) | ||||||||
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | SWAP | Long | 517 | 4.6425 GBP | |||||
| ORD | CFD | Long | 1,874 | 4.6414 GBP | |||||
| ORD | CFD | Long | 2,014 | 4.6928 GBP | |||||
| ORD | SWAP | Long | 52,206 | 4.6297 GBP | |||||
| ORD | SWAP | Long | 70,294 | 4.6401 GBP | |||||
| ORD | CFD | Long | 85,805 | 4.6473 GBP | |||||
| ORD | SWAP | Short | 200 | 4.6414 GBP | |||||
| ORD | CFD | Short | 417 | 4.6401 GBP | |||||
| ORD | SWAP | Short | 2,517 | 4.6768 GBP | |||||
| ORD | CFD | Short | 7,766 | 4.6502 GBP | |||||
| ORD | CFD | Short | 11,351 | 4.6497 GBP | |||||
| ORD | CFD | Short | 12,534 | 4.6568 GBP | |||||
| ORD | SWAP | Short | 28,419 | 4.6570 GBP | |||||
| ORD | SWAP | Short | 43,465 | 4.6417 GBP | |||||
| ORD | CFD | Short | 47,597 | 4.6489 GBP | |||||
| ORD | SWAP | Short | 52,129 | 4.6440 GBP | |||||
| ORD | SWAP | Short | 61,407 | 4.6506 GBP | |||||
| ORD | CFD | Short | 119,535 | 4.6402 GBP | |||||
| ORD | CFD | Short | 128,178 | 4.6479 GBP | |||||
| ORD | CFD | Short | 101,390 | 4.6392 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: |
17 DEC 2014 |
| Contact name: |
Jay Supaya |
| Telephone number: |
0207 773 0635 |
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 person whose open positions are being disclosed: |
BARCLAYS CAPITAL SECURITIES LTD |
| Name of offeror/offeree in relation to whose relevant securities the disclosure relates: |
AVIVA PLC |
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 | 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.