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: | 09 January 2025 |
| (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 | 3,464,971 | 4.7950 GBP | 4.6770 GBP |
| 32 17/19p ordinary | Sales | 2,992,132 | 4.7950 GBP | 4.6750 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 long position | 1 | 4.6800 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 7,024 | 4.6871 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 749 | 4.6871 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 1,653 | 4.6871 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 26,217 | 4.6871 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2 | 4.6923 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 10,770 | 4.7042 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 24,085 | 4.7042 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 630 | 4.7090 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 14 | 4.7125 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 141,743 | 4.7156 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 635 | 4.7163 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 272 | 4.7163 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 2,575 | 4.7172 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 1,048 | 4.7189 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 40 | 4.7210 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 4 | 4.7210 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 10 | 4.7210 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 203 | 4.7210 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 149 | 4.7210 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 40,891 | 4.7287 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 98,388 | 4.7289 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 5,261 | 4.7292 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 31 | 4.7309 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 21,981 | 4.7432 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,287 | 4.7432 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 25,287 | 4.7456 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 22,894 | 4.7469 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 755 | 4.7469 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 18,062 | 4.7511 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 6,800 | 4.7513 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 46,226 | 4.7513 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 5,617 | 4.7523 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 16,436 | 4.7524 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 18,230 | 4.7540 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 50 | 4.7541 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 8,900 | 4.7544 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 11,910 | 4.7550 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 14,102 | 4.7569 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 48,519 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 3,341 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 1,446 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 4,370 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 5,841 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 5,609 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 15,658 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 26,118 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 23,800 | 4.7582 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 1,624 | 4.7597 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 188 | 4.7606 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 250 | 4.7606 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 194 | 4.7606 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 241 | 4.7606 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 1,855 | 4.7606 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 9,882 | 4.7613 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 21,126 | 4.7615 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 141,350 | 4.7621 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 680 | 4.7644 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,094 | 4.7644 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 5,046 | 4.7644 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 6,008 | 4.7649 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 986 | 4.7656 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,811 | 4.7664 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,990 | 4.7664 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 7,836 | 4.7668 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 9,974 | 4.7668 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 11,177 | 4.7671 GBP |
| 32 17/19p ordinary | CFD | Opening a long position | 14,686 | 4.7678 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 3,612 | 4.7689 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 6,764 | 4.7693 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 6,443 | 4.7707 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 5,742 | 4.7740 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,501 | 4.7745 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 2 | 4.7750 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 862 | 4.7752 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 698 | 4.7752 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 117 | 4.7752 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,656 | 4.7754 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 12,269 | 4.7754 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,299 | 4.7760 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 6,739 | 4.7764 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 8,584 | 4.7764 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 207 | 4.7765 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 667 | 4.7772 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 850 | 4.7773 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 14,102 | 4.7774 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 13,300 | 4.7775 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 7,703 | 4.7782 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 3,277 | 4.7783 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 1,666 | 4.7796 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 7,089 | 4.7796 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 26,473 | 4.7796 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 755 | 4.7796 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,475 | 4.7802 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,427 | 4.7802 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 1,057 | 4.7803 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 674 | 4.7804 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,998 | 4.7804 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,673 | 4.7815 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 495 | 4.7815 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 683 | 4.7816 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,591 | 4.7816 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,041 | 4.7816 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 218,546 | 4.7820 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 232 | 4.7830 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 29 | 4.7835 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 595 | 4.7835 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 61 | 4.7835 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 444 | 4.7835 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 558,376 | 4.7835 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 802 | 4.7838 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,335 | 4.7838 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 449 | 4.7838 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,514 | 4.7838 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,769 | 4.7838 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,540 | 4.7839 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 2,741 | 4.7868 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 8,034 | 4.7869 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 6,704 | 4.7883 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 265 | 4.7885 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 5,328 | 4.7885 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 552 | 4.7885 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,984 | 4.7885 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 2,116 | 4.7890 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 2,092 | 4.7893 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 140 | 4.7893 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 291 | 4.7893 GBP |
| 32 17/19p ordinary | CFD | Opening a short position | 2,798 | 4.7893 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 5,025 | 4.7905 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 9,892 | 4.7935 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,026 | 4.7935 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 7,397 | 4.7935 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 492 | 4.7935 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 4,013 | 4.7943 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 150 | 4.7943 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 5,408 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Reducing a short position | 2,116 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 14,686 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 32,560 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 10,131 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 34,286 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 75,993 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a long position | 3,225 | 4.7950 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,077 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 3,405 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,161 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 1,313 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 23,307 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 7,986 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,337 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,417 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 17,427 | 4.7951 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 2,444 | 4.7954 GBP |
| 32 17/19p ordinary | CFD | Increasing a short position | 4,264 | 4.7954 GBP |
| 32 17/19p ordinary | CFD | Reducing a long position | 459 | 4.7956 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: | 10 January 2025 |
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.
