RNS Number : 1758R
Morgan Stanley & Co. Int'l plc
23 December 2024
 

AMENDMENT(2(a), 2(b))

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:

Morgan Stanley & Co. International plc

(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:

Direct Line Insurance Group plc

(d) Date dealing undertaken:

19 December 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 this offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES- 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

2,031,563

4.6000 GBP

4.5620 GBP

32 17/19p ordinary

SALES

3,059,185

4.6554 GBP

4.5557 GBP

32 17/19p ordinary

PURCHASES

25,724

5.5453 EUR

5.5453 EUR

 

(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

6,600

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

6,300

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

900

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

60,360

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

492

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

13,500

4.5557 GBP

32 17/19p ordinary

CFD

increasing a long position

2,819

4.5697 GBP

32 17/19p ordinary

CFD

increasing a long position

2,736

4.5742 GBP

32 17/19p ordinary

CFD

increasing a long position

2,349

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

362,156

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

4,200

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

53,400

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

39,300

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

25,600

4.5751 GBP

32 17/19p ordinary

CFD

increasing a long position

10,123

4.5803 GBP

32 17/19p ordinary

CFD

increasing a long position

2,879

4.5819 GBP

32 17/19p ordinary

CFD

increasing a long position

164,493

4.5859 GBP

32 17/19p ordinary

CFD

increasing a long position

1,394

4.5860 GBP

32 17/19p ordinary

CFD

increasing a long position

72

4.5860 GBP

32 17/19p ordinary

CFD

increasing a long position

1,886,885

4.6000 GBP

32 17/19p ordinary

CFD

increasing a long position

300

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

30,180

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

196

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

4,500

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

2,100

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

3,300

4.6081 GBP

32 17/19p ordinary

CFD

increasing a long position

17,900

4.6554 GBP

32 17/19p ordinary

CFD

increasing a long position

1,400

4.6554 GBP

32 17/19p ordinary

CFD

increasing a long position

784

4.6554 GBP

32 17/19p ordinary

CFD

increasing a long position

120,719

4.6554 GBP

32 17/19p ordinary

CFD

increasing a long position

8,500

4.6554 GBP

32 17/19p ordinary

CFD

increasing a long position

13,100

4.6554 GBP

32 17/19p ordinary

CFD

increasing a short position

35

4.5628 GBP

32 17/19p ordinary

CFD

increasing a short position

9,248

4.5684 GBP

32 17/19p ordinary

CFD

increasing a short position

17,900

4.5701 GBP

32 17/19p ordinary

CFD

increasing a short position

251

4.5708 GBP

32 17/19p ordinary

CFD

increasing a short position

754

4.5720 GBP

32 17/19p ordinary

CFD

increasing a short position

3,600

4.5722 GBP

32 17/19p ordinary

CFD

increasing a short position

83,730

4.5726 GBP

32 17/19p ordinary

CFD

increasing a short position

33,006

4.5726 GBP

32 17/19p ordinary

CFD

increasing a short position

1,642

4.5737 GBP

32 17/19p ordinary

CFD

increasing a short position

21,397

4.5737 GBP

32 17/19p ordinary

CFD

increasing a short position

40,219

4.5739 GBP

32 17/19p ordinary

CFD

increasing a short position

21,614

4.5739 GBP

32 17/19p ordinary

CFD

increasing a short position

13,126

4.5739 GBP

32 17/19p ordinary

CFD

increasing a short position

43,423

4.5742 GBP

32 17/19p ordinary

CFD

increasing a short position

5,241

4.5757 GBP

32 17/19p ordinary

CFD

increasing a short position

46,776

4.5758 GBP

32 17/19p ordinary

CFD

increasing a short position

4,787

4.5783 GBP

32 17/19p ordinary

CFD

increasing a short position

17,107

4.5788 GBP

32 17/19p ordinary

CFD

increasing a short position

7,905

4.5797 GBP

32 17/19p ordinary

CFD

increasing a short position

347

4.5798 GBP

32 17/19p ordinary

CFD

increasing a short position

2,810

4.5798 GBP

32 17/19p ordinary

CFD

increasing a short position

8

4.5799 GBP

32 17/19p ordinary

CFD

increasing a short position

18,854

4.5803 GBP

32 17/19p ordinary

CFD

increasing a short position

423

4.5824 GBP

32 17/19p ordinary

CFD

increasing a short position

254

4.5824 GBP

32 17/19p ordinary

CFD

increasing a short position

2,012

4.5831 GBP

32 17/19p ordinary

CFD

increasing a short position

25,724

4.5839 GBP

32 17/19p ordinary

CFD

increasing a short position

10

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

1,080

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

172

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

1,546

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

1,011

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

19,971

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

329

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

25,720

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

35,338

4.5860 GBP

32 17/19p ordinary

CFD

increasing a short position

647

4.5869 GBP

32 17/19p ordinary

CFD

increasing a short position

638

4.6000 GBP

32 17/19p ordinary

CFD

increasing a short position

423

4.6000 GBP

32 17/19p ordinary

CFD

reducing a long position

14,791

4.5677 GBP

32 17/19p ordinary

CFD

reducing a long position

94

4.5693 GBP

32 17/19p ordinary

CFD

reducing a long position

2,736

4.5726 GBP

32 17/19p ordinary

CFD

reducing a long position

61,003

4.5726 GBP

32 17/19p ordinary

CFD

reducing a long position

1,243

4.5736 GBP

32 17/19p ordinary

CFD

reducing a long position

1,679

4.5739 GBP

32 17/19p ordinary

CFD

reducing a long position

84,989

4.5741 GBP

32 17/19p ordinary

CFD

reducing a long position

3,700

4.5751 GBP

32 17/19p ordinary

CFD

reducing a long position

12,235

4.5769 GBP

32 17/19p ordinary

CFD

reducing a long position

7,565

4.5769 GBP

32 17/19p ordinary

CFD

reducing a long position

4,090

4.5769 GBP

32 17/19p ordinary

CFD

reducing a long position

2,105

4.5769 GBP

32 17/19p ordinary

CFD

reducing a long position

36,542

4.5769 GBP

32 17/19p ordinary

CFD

reducing a long position

7,074

4.5783 GBP

32 17/19p ordinary

CFD

reducing a long position

5,996

4.5783 GBP

32 17/19p ordinary

CFD

reducing a long position

697

4.5824 GBP

32 17/19p ordinary

CFD

reducing a long position

2,828

4.5860 GBP

32 17/19p ordinary

CFD

reducing a long position

4,655

4.5860 GBP

32 17/19p ordinary

CFD

reducing a long position

10

4.5886 GBP

32 17/19p ordinary

CFD

reducing a long position

1,886,885

4.6000 GBP

32 17/19p ordinary

CFD

reducing a long position

1,418

4.6000 GBP

32 17/19p ordinary

CFD

reducing a short position

16,153

4.5721 GBP

32 17/19p ordinary

CFD

reducing a short position

251

4.5728 GBP

32 17/19p ordinary

CFD

reducing a short position

4,384

4.5741 GBP

32 17/19p ordinary

CFD

reducing a short position

86

4.5750 GBP

32 17/19p ordinary

CFD

reducing a short position

67,094

4.5760 GBP

32 17/19p ordinary

CFD

reducing a short position

1,642

4.5776 GBP

32 17/19p ordinary

CFD

reducing a short position

20,268

4.5779 GBP

32 17/19p ordinary

CFD

reducing a short position

19,600

4.5783 GBP

32 17/19p ordinary

CFD

reducing a short position

50,057

4.5790 GBP

32 17/19p ordinary

CFD

reducing a short position

31,078

4.5794 GBP

32 17/19p ordinary

CFD

reducing a short position

216,500

4.5806 GBP

32 17/19p ordinary

CFD

reducing a short position

1,239

4.5859 GBP

32 17/19p ordinary

CFD

reducing a short position

1,594

4.5859 GBP

32 17/19p ordinary

CFD

reducing a short position

638

4.5860 GBP

32 17/19p ordinary

CFD

reducing a short position

19,971

4.5860 GBP

32 17/19p ordinary

CFD

reducing a short position

12

4.5860 GBP

32 17/19p ordinary

CFD

reducing a short position

42,254

4.5860 GBP

32 17/19p ordinary

CFD

reducing a short position

51

4.5951 GBP

32 17/19p ordinary

CFD

reducing a short position

730

4.6000 GBP

32 17/19p ordinary

CFD

reducing a short position

239

4.6000 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

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

N/A

 

(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)

N/A

N/A

N/A

N/A

 

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:

23 December 2024
Contact name:

Craig Horsley
Telephone number:

+44 141 245-7736

 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
FERQKNBPPBDDBBB
Aviva (LSE:AV.)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Aviva Charts.
Aviva (LSE:AV.)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Aviva Charts.