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

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FORM 8.5 (EPT/NON-RI) AMENDMENT TO 2(1) Long and 3(a) Sale

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: 10 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: 9,238,056 0.31% 7,649,723 0.26%
           
(2) Derivatives (other than
options): 4,871,079 0.17% 5,246,291 0.18%
           
(3) Options and agreements to
purchase/sell: 1,184,139 0.04% 0 0.00%
           
(4)
TOTAL: 15,293,274 0.52% 12,896,014 0.44%

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 security   Purchase/sale   Number of securities   Price per unit
 
ORD Purchase 227 4.9520 GBP
ORD Purchase 318 4.9200 GBP
ORD Purchase 444 4.9420 GBP
ORD Purchase 573 4.9570 GBP
ORD Purchase 1,000 4.9600 GBP
ORD Purchase 1,428 4.9440 GBP
ORD Purchase 1,740 4.9490 GBP
ORD Purchase 2,113 4.9383 GBP
ORD Purchase 2,203 4.9466 GBP
ORD Purchase 2,420 4.9450 GBP
ORD Purchase 2,655 4.9530 GBP
ORD Purchase 2,799 4.9499 GBP
ORD Purchase 3,066 4.9310 GBP
ORD Purchase 3,300 4.9510 GBP
ORD Purchase 3,713 4.9470 GBP
ORD Purchase 3,736 4.9464 GBP
ORD Purchase 3,804 4.9460 GBP
ORD Purchase 4,479 4.9480 GBP
ORD Purchase 5,267 4.9673 GBP
ORD Purchase 5,830 4.9500 GBP
ORD Purchase 7,415 4.9468 GBP
ORD Purchase 7,706 4.9430 GBP
ORD Purchase 8,187 4.9474 GBP
ORD Purchase 11,938 4.9442 GBP
ORD Purchase 25,836 4.9456 GBP
ORD Purchase 26,743 4.9471 GBP
ORD Purchase 49,943 4.9447 GBP
ORD Purchase 78,431 4.9449 GBP
ORD Purchase 137,951 4.9467 GBP
ORD Purchase 231,834 4.9425 GBP
ORD Purchase 854,267 4.9390 GBP
ORD Sale 227 4.9520 GBP
ORD Sale 318 4.9200 GBP
ORD Sale 444 4.9420 GBP
ORD Sale 573 4.9570 GBP
ORD Sale 1,000 4.9600 GBP
ORD Sale 1,428 4.9440 GBP
ORD Sale 1,533 4.9310 GBP
ORD Sale 1,740 4.9490 GBP
ORD Sale 1,862 4.9434 GBP
ORD Sale 2,420 4.9450 GBP
ORD Sale 2,655 4.9530 GBP
ORD Sale 3,153 4.9392 GBP
ORD Sale 3,300 4.9510 GBP
ORD Sale 3,713 4.9470 GBP
ORD Sale 3,804 4.9460 GBP
ORD Sale 3,816 4.9422 GBP
ORD Sale 4,173 4.9449 GBP
ORD Sale 5,830 4.9500 GBP
ORD Sale 6,987 4.9368 GBP
ORD Sale 7,706 4.9430 GBP
ORD Sale 8,541 4.9475 GBP
ORD Sale 9,700 4.9442 GBP
ORD Sale 13,042 4.9483 GBP
ORD Sale 17,644 4.9482 GBP
ORD Sale 24,387 4.9480 GBP
ORD Sale 52,195 4.9453 GBP
ORD Sale 160,000 4.9457 GBP
ORD Sale 391,741 4.9456 GBP
ORD Sale 2,025,137 4.9260 GBP
ADR Purchase 9,482 15.4968 USD
ADR Purchase 18,435 15.5470 USD
ADR Sale 9,482 15.4968 USD
ADR Sale 18,435 15.5470 USD

(b) Derivatives transactions (other than options)

Class of relevant security   Product description   Nature of dealing   Number of reference securities   Price per unit
 
 
ORD SWAP Long 3,600 4.9412 GBP
ORD CFD Long 6,987 4.9368 GBP
ORD SWAP Long 13,000 4.9455 GBP
ORD CFD Long 15,674 4.9259 GBP
ORD SWAP Long 16,000 4.9443 GBP
ORD SWAP Long 21,690 4.9445 GBP
ORD SWAP Long 22,145 4.9438 GBP
ORD CFD Long 24,392 4.9395 GBP
ORD SWAP Long 57,345 4.9472 GBP
ORD CFD Long 160,000 4.9457 GBP
ORD CFD Long 182,726 4.9448 GBP
ORD CFD Long 106,308 4.9476 GBP
ORD CFD Long 2,009,463 4.9260 GBP
ORD SWAP Short 2,799 4.9499 GBP
ORD CFD Short 5,102 4.9432 GBP
ORD SWAP Short 5,267 4.9673 GBP
ORD SWAP Short 11,938 4.9442 GBP
ORD SWAP Short 27,713 4.9454 GBP
ORD CFD Short 36,870 4.9465 GBP
ORD SWAP Short 57,535 4.9437 GBP
ORD SWAP Short 100,297 4.9448 GBP
ORD SWAP Short 118,254 4.9413 GBP
ORD SWAP Short 147,790 4.9459 GBP
ORD SWAP Short 854,267 4.9390 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: 15 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 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 of relevant security   Product description   Writing, purchasing, selling, varying etc   Number of securities to which option relates   Exercise price per unit   Type   Expiry date
 
 
 
 
 
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.

Copyright Business Wire 2014

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