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: 24 November 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: 4,596,996 0.16% 6,511,090 0.22%
           
(2) Derivatives (other than
options): 5,696,863 0.19% 2,183,354 0.07%
           
(3) Options and agreements to
purchase/sell: 1,988,278 0.07% 0 0.00%
           
(4)
TOTAL: 12,282,137 0.42% 8,694,444 0.29%

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 136 5.1739 GBP
ORD Purchase 211 5.1684 GBP
ORD Purchase 494 5.2250 GBP
ORD Purchase 709 5.2050 GBP
ORD Purchase 871 5.2200 GBP
ORD Purchase 1,114 5.1075 GBP
ORD Purchase 1,134 5.1700 GBP
ORD Purchase 1,147 5.1775 GBP
ORD Purchase 1,374 5.1025 GBP
ORD Purchase 1,393 5.1225 GBP
ORD Purchase 1,776 5.0950 GBP
ORD Purchase 2,294 5.2225 GBP
ORD Purchase 2,529 5.1830 GBP
ORD Purchase 2,738 5.2150 GBP
ORD Purchase 2,841 5.2300 GBP
ORD Purchase 2,940 5.1200 GBP
ORD Purchase 3,012 5.1350 GBP
ORD Purchase 3,080 5.0975 GBP
ORD Purchase 5,824 5.1400 GBP
ORD Purchase 5,840 5.1150 GBP
ORD Purchase 5,862 5.2100 GBP
ORD Purchase 6,448 5.1850 GBP
ORD Purchase 6,498 5.1125 GBP
ORD Purchase 7,049 5.1050 GBP
ORD Purchase 7,823 5.1950 GBP
ORD Purchase 8,275 5.1600 GBP
ORD Purchase 8,812 5.1688 GBP
ORD Purchase 16,419 5.1300 GBP
ORD Purchase 18,435 5.2000 GBP
ORD Purchase 19,152 5.1550 GBP
ORD Purchase 20,614 5.1250 GBP
ORD Purchase 26,015 5.1750 GBP
ORD Purchase 31,519 5.1900 GBP
ORD Purchase 34,199 5.1100 GBP
ORD Purchase 37,910 5.1665 GBP
ORD Purchase 45,068 5.1694 GBP
ORD Purchase 46,000 5.1156 GBP
ORD Purchase 60,794 5.1642 GBP
ORD Purchase 65,556 5.1442 GBP
ORD Purchase 68,151 5.1132 GBP
ORD Purchase 74,692 5.1295 GBP
ORD Purchase 79,422 5.1275 GBP
ORD Purchase 81,507 5.1569 GBP
ORD Purchase 84,697 5.1293 GBP
ORD Purchase 97,893 5.1663 GBP
ORD Purchase 100,000 5.1033 GBP
ORD Purchase 105,413 5.1425 GBP
ORD Purchase 127,117 5.1027 GBP
ORD Purchase 219,327 5.1800 GBP
ORD Purchase 272,840 5.1318 GBP
ORD Purchase 643,800 5.1124 GBP
ORD Purchase 990,007 5.1337 GBP
ORD Purchase 1,168,501 5.1320 GBP
ORD Purchase 2,633,560 5.1000 GBP
ORD Sale 91 5.1793 GBP
ORD Sale 200 5.0925 GBP
ORD Sale 200 5.1798 GBP
ORD Sale 494 5.2250 GBP
ORD Sale 709 5.2050 GBP
ORD Sale 871 5.2200 GBP
ORD Sale 1,114 5.1075 GBP
ORD Sale 1,114 5.1125 GBP
ORD Sale 1,134 5.1700 GBP
ORD Sale 1,147 5.1775 GBP
ORD Sale 1,210 5.1007 GBP
ORD Sale 1,374 5.1025 GBP
ORD Sale 1,776 5.0950 GBP
ORD Sale 1,919 5.1750 GBP
ORD Sale 2,294 5.2225 GBP
ORD Sale 2,529 5.1830 GBP
ORD Sale 2,738 5.2150 GBP
ORD Sale 2,786 5.1225 GBP
ORD Sale 2,841 5.2300 GBP
ORD Sale 2,940 5.1200 GBP
ORD Sale 3,012 5.1350 GBP
ORD Sale 3,080 5.0975 GBP
ORD Sale 5,824 5.1400 GBP
ORD Sale 5,840 5.1150 GBP
ORD Sale 5,862 5.2100 GBP
ORD Sale 7,049 5.1050 GBP
ORD Sale 7,286 5.1300 GBP
ORD Sale 7,300 5.1175 GBP
ORD Sale 7,823 5.1950 GBP
ORD Sale 8,275 5.1600 GBP
ORD Sale 8,448 5.1850 GBP
ORD Sale 9,311 5.1550 GBP
ORD Sale 11,710 5.1800 GBP
ORD Sale 11,743 5.0969 GBP
ORD Sale 12,678 5.1077 GBP
ORD Sale 14,789 5.1729 GBP
ORD Sale 18,435 5.2000 GBP
ORD Sale 19,323 5.1276 GBP
ORD Sale 19,798 5.1900 GBP
ORD Sale 20,614 5.1250 GBP
ORD Sale 25,900 5.1171 GBP
ORD Sale 27,275 5.1444 GBP
ORD Sale 28,329 5.1302 GBP
ORD Sale 30,688 5.1758 GBP
ORD Sale 34,199 5.1100 GBP
ORD Sale 44,667 5.1799 GBP
ORD Sale 65,966 5.1594 GBP
ORD Sale 67,142 5.1090 GBP
ORD Sale 74,004 5.1360 GBP
ORD Sale 78,580 5.1118 GBP
ORD Sale 97,576 5.1796 GBP
ORD Sale 99,390 5.1152 GBP
ORD Sale 106,547 5.1773 GBP
ORD Sale 110,721 5.1406 GBP
ORD Sale 284,218 5.1853 GBP
ORD Sale 369,000 5.1080 GBP
ORD Sale 513,356 5.1000 GBP
ORD Sale 593,280 5.1083 GBP
ORD Sale 601,002 5.1565 GBP
ORD Sale 1,262,015 5.1425 GBP
ORD Sale 3,127,255 5.1101 GBP
ORD (traded as ADR) Purchase 600 15.9900 USD
ORD (traded as ADR) Purchase 92,540 16.0465 USD
ORD (traded as ADR) Sale 600 15.9900 USD
ORD (traded as ADR) Sale 92,540 16.0465 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 1,100 5.2300 GBP
ORD CFD Long 3,564 5.2111 GBP
ORD CFD Long 11,743 5.0969 GBP
ORD SWAP Long 19,323 5.1276 GBP
ORD SWAP Long 24,232 5.1419 GBP
ORD CFD Long 25,900 5.1170 GBP
ORD CFD Long 104,522 5.1834 GBP
ORD CFD Long 226,295 5.1531 GBP
ORD SWAP Long 240,239 5.0998 GBP
ORD CFD Long 289,741 5.1634 GBP
ORD CFD Short 1,364 5.2075 GBP
ORD CFD Short 3,000 5.1904 GBP
ORD CFD Short 15,000 5.1605 GBP
ORD SWAP Short 18,326 5.1609 GBP
ORD SWAP Short 27,711 5.1597 GBP
ORD CFD Short 29,071 5.1013 GBP
ORD SWAP Short 30,975 5.1149 GBP
ORD CFD Short 39,080 5.1221 GBP
ORD CFD Short 51,940 5.0990 GBP
ORD CFD Short 57,097 5.1842 GBP
ORD SWAP Short 59,700 5.1034 GBP
ORD SWAP Short 84,824 5.1699 GBP
ORD SWAP Short 117,471 5.1737 GBP
ORD CFD Short 127,117 5.1027 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: 25 Nov 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.

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 5.5612 European 25 Nov 2014
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: 442339
Time of Receipt (offset from UTC): 20141125T170625+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC