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 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:  

17 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: 10,238,746 0.35% 7,630,362 0.26%
           
(2) Derivatives (other than
options): 4,743,172 0.16% 5,906,972 0.20%
           
(3) Options and agreements to
purchase/sell: 380,000 0.01% 0 0.00%
           
(4)
TOTAL: 15,361,918 0.52% 13,537,334 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 200 4.6855 GBP
ORD Purchase 405 4.6900 GBP
ORD Purchase 828 4.6760 GBP
ORD Purchase 855 4.6450 GBP
ORD Purchase 855 4.6530 GBP
ORD Purchase 1,225 4.6880 GBP
ORD Purchase 1,436 4.6380 GBP
ORD Purchase 1,529 4.6545 GBP
ORD Purchase 1,800 4.6750 GBP
ORD Purchase 2,045 4.6800 GBP
ORD Purchase 2,103 4.6640 GBP
ORD Purchase 2,151 4.6470 GBP
ORD Purchase 2,787 4.6671 GBP
ORD Purchase 2,954 4.6700 GBP
ORD Purchase 3,843 4.6500 GBP
ORD Purchase 3,986 4.6626 GBP
ORD Purchase 4,183 4.6494 GBP
ORD Purchase 6,454 4.6642 GBP
ORD Purchase 8,013 4.6655 GBP
ORD Purchase 11,023 4.6703 GBP
ORD Purchase 13,449 4.6635 GBP
ORD Purchase 24,336 4.6710 GBP
ORD Purchase 33,027 4.6726 GBP
ORD Purchase 33,570 4.6720 GBP
ORD Purchase 40,083 4.6810 GBP
ORD Purchase 72,227 4.6790 GBP
ORD Purchase 72,806 4.6770 GBP
ORD Purchase 116,542 4.6585 GBP
ORD Purchase 84,885 4.6680 GBP
ORD Sale 2,811 4.6495 GBP
ORD Sale 25 4.6804 GBP
ORD Sale 83 4.6810 GBP
ORD Sale 405 4.6900 GBP
ORD Sale 828 4.6760 GBP
ORD Sale 855 4.6450 GBP
ORD Sale 855 4.6530 GBP
ORD Sale 1,225 4.6880 GBP
ORD Sale 1,436 4.6380 GBP
ORD Sale 1,800 4.6750 GBP
ORD Sale 2,045 4.6800 GBP
ORD Sale 2,103 4.6640 GBP
ORD Sale 2,103 4.6805 GBP
ORD Sale 2,236 4.6820 GBP
ORD Sale 2,800 4.6429 GBP
ORD Sale 2,954 4.6700 GBP
ORD Sale 3,146 4.6470 GBP
ORD Sale 3,843 4.6500 GBP
ORD Sale 3,864 4.6770 GBP
ORD Sale 4,715 4.6606 GBP
ORD Sale 6,092 4.6733 GBP
ORD Sale 7,312 4.6669 GBP
ORD Sale 10,000 4.6549 GBP
ORD Sale 11,917 4.6675 GBP
ORD Sale 15,017 4.6765 GBP
ORD Sale 21,728 4.6824 GBP
ORD Sale 29,836 4.6736 GBP
ORD Sale 53,273 4.6790 GBP
ORD Sale 91,530 4.6759 GBP
ORD Sale 142,260 4.6735 GBP
ADR Purchase 284 14.6100 USD
ADR Purchase 6,080 14.7443 USD
ADR Sale 284 14.6100 USD
ADR Sale 6,080 14.7443 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 6,276 4.6790 GBP
ORD SWAP Long 31,220 4.6746 GBP
ORD CFD Long 45,348 4.6797 GBP
ORD SWAP Long 61,851 4.6727 GBP
ORD CFD Short 8,013 4.6654 GBP
ORD SWAP Short 24,379 4.6524 GBP
ORD SWAP Short 33,570 4.6720 GBP
ORD SWAP Short 57,821 4.6731 GBP
ORD CFD Short 68,942 4.6770 GBP
ORD CFD Short 72,127 4.6544 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:

18 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.

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.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 445433
Time of Receipt (offset from UTC): 20141218T115938+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC