Source - LSE Regulatory
RNS Number : 8426O
Aviva PLC
04 December 2024
 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

AVIVA PLC AND ITS SUBSIDIARIES

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

Aviva plc does not have investment discretion over part of the holding, however full voting authority is retained.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

SMITH (DS) PLC

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

N/A

(e) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

03 DECEMBER 2024

(f)  In addition to the company in 1(c) above, is the discloser 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

INTERNATIONAL PAPER COMPANY

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

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(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(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:

 

GBP0.10

 

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

15,527,011 *

1.12

 

0

0

(2) Cash-settled derivatives:

 

0

0

 

0

0

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0

0

0

     TOTAL:

15,527,011 *

1.12

0

0

 

*Aviva plc does not have investment discretion over 3,557,742 shares, however full voting authority is retained.

 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), 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 employee options)

 

Class of relevant security in relation to which subscription right exists:

 

Details, including nature of the rights concerned and relevant percentages:

 

 

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

 

Number of securities

Price per unit

 

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

GBP0.10

 

 

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

SALE

 

2,534

4,885

5,023

6,098

12,636

33,507

48,658

92,939

286

190

1,639

605

3,136

4,849

9,350

9,613

11,671

24,184

64,128

93,125

176,969

1,517

1,158

905

21,156**

 

 

 

GBP5.848796 GBP5.848702

GBP5.848700 GBP5.848682

GBP5.848640

GBP5.848615

GBP5.848610

GBP5.848605

GBP5.848601

GBP5.848579

GBP5.847993

GBP5.846942

GBP5.830159

GBP5.830103

GBP5.830053

GBP5.830052

GBP5.830043

GBP5.830021

GBP5.830008

GBP5.830005

GBP5.830003

GBP5.830000

GBP5.829136

GBP5.828895

GBP5.833100

 

 

 

 

**Aviva plc does not have investment discretion over 21,156 shares, however it retains full voting authority.

 

 

 

 

(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






 

(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)

 




 

 

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 person 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 person 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?

NO

 

Date of disclosure:

04 DECEMBER 2024

Contact name:

NEIL WHITTAKER

Telephone number:

020 7528 2115

 

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.

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END
 
 
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