FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
| (a) Name of exempt principal trader: | (GS) GOLDMAN SACHS INTERNATIONAL |
| (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: | AVIVA PLC |
| (d) Date dealing undertaken: | 29 November 2024 |
| (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosing today for DIRECT LINE INSURANCE GROUP PLC |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
| 32 17/19p ordinary | Purchases | 4,183,340 | 4.8375 GBP | 4.7730 GBP |
| 32 17/19p ordinary | Sales | 3,356,751 | 4.8370 GBP | 4.7740 GBP |
(b) Cash-settled derivative transactions
| Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,461 | 4.7825 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 848 | 4.7862 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 428 | 4.7872 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 2,583 | 4.7937 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 10,005 | 4.7937 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 4 | 4.7944 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 30 | 4.7944 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 111 | 4.7944 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 4 | 4.7944 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 2,291,130 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 19 | 4.7952 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 27,300 | 4.7966 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 11,088 | 4.7966 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 171 | 4.7970 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 5,600 | 4.7984 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 897 | 4.7985 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 1 | 4.7990 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 72 | 4.7990 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 18,942 | 4.7991 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 7,225 | 4.8002 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 69,107 | 4.8002 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 617 | 4.8015 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 37,126 | 4.8022 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 101,600 | 4.8044 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 28,096 | 4.8078 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 38,577 | 4.8081 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 27,181 | 4.8084 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 889 | 4.8097 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 5,508 | 4.8100 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 897 | 4.8107 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 6,481 | 4.8107 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 646 | 4.8154 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 2,501 | 4.8154 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 1 | 4.8255 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 5 | 4.8255 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 18 | 4.8255 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 1 | 4.8255 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 25 | 4.8255 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 69,107 | 4.8272 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 189,193 | 4.8272 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 10,600 | 4.8297 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 1 | 4.8305 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 5 | 4.8305 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 19 | 4.8305 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 25 | 4.8305 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 6,300 | 4.8319 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 122,600 | 4.8324 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 115 | 4.8346 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 20,978 | 4.8349 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 2,490 | 4.8356 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 13,523 | 4.8358 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 1,191 | 4.8364 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 48,540 | 4.8367 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 1,030 | 4.8367 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 164 | 4.8368 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 15,810 | 4.8368 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 17 | 4.8369 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 135 | 4.8369 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 493 | 4.8369 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 17 | 4.8369 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 6,481 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 415 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 5,035 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 110,540 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 57,953 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 37,126 | 4.8370 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 23,400 | 4.8372 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 36,077 | 4.8375 GBP |
(c) Stock-settled derivative transactions (including options)
(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) Exercise
| Class of relevant security | Product description e.g. call option | Exercising / exercised against | 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) |
| |
| | |
3. 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: Irrevocable commitments and letters of intent should not be included. 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
|
Date of disclosure: | 02 December 2024 |
Contact name: | Papa Lette and Andrzej Szyszka |
Telephone number: | +33(1) 4212 1459 / +48(22) 317 4817 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
