RNS Number : 6536V
Morgan Stanley & Co. Int'l plc
03 February 2025
 

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:

31 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 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

SALES

1,305,819

5.1660 GBP

5.1300 GBP

32 17/19p ordinary

PURCHASES

1,652,335

5.1676 GBP

5.1300 GBP

32 17/19p ordinary

PURCHASES

34,796

6.1502 EUR

6.1502 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

3,296

5.1335 GBP

32 17/19p ordinary

CFD

increasing a long position

45,132

5.1387 GBP

32 17/19p ordinary

CFD

increasing a long position

1,679

5.1393 GBP

32 17/19p ordinary

CFD

increasing a long position

50,793

5.1396 GBP

32 17/19p ordinary

CFD

increasing a long position

7,019

5.1400 GBP

32 17/19p ordinary

CFD

increasing a long position

112,093

5.1400 GBP

32 17/19p ordinary

CFD

increasing a long position

4,539

5.1436 GBP

32 17/19p ordinary

CFD

increasing a long position

10,030

5.1466 GBP

32 17/19p ordinary

CFD

increasing a long position

4,741

5.1529 GBP

32 17/19p ordinary

CFD

increasing a short position

124

5.1335 GBP

32 17/19p ordinary

CFD

increasing a short position

277

5.1335 GBP

32 17/19p ordinary

CFD

increasing a short position

922

5.1341 GBP

32 17/19p ordinary

CFD

increasing a short position

512

5.1352 GBP

32 17/19p ordinary

CFD

increasing a short position

710

5.1370 GBP

32 17/19p ordinary

CFD

increasing a short position

14

5.1380 GBP

32 17/19p ordinary

CFD

increasing a short position

68,886

5.1395 GBP

32 17/19p ordinary

CFD

increasing a short position

3,658

5.1395 GBP

32 17/19p ordinary

CFD

increasing a short position

6,913

5.1398 GBP

32 17/19p ordinary

CFD

increasing a short position

22,275

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

10,439

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

65,063

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

5,281

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

7,455

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

4,539,400

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

13,508

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

71,375

5.1400 GBP

32 17/19p ordinary

CFD

increasing a short position

21,723

5.1401 GBP

32 17/19p ordinary

CFD

increasing a short position

5,382

5.1401 GBP

32 17/19p ordinary

CFD

increasing a short position

498

5.1406 GBP

32 17/19p ordinary

CFD

increasing a short position

18,915

5.1418 GBP

32 17/19p ordinary

CFD

increasing a short position

612

5.1424 GBP

32 17/19p ordinary

CFD

increasing a short position

5,131

5.1424 GBP

32 17/19p ordinary

CFD

increasing a short position

1,512

5.1442 GBP

32 17/19p ordinary

CFD

increasing a short position

7,488

5.1442 GBP

32 17/19p ordinary

CFD

increasing a short position

8

5.1457 GBP

32 17/19p ordinary

CFD

increasing a short position

4,939

5.1457 GBP

32 17/19p ordinary

CFD

increasing a short position

19,432

5.1475 GBP

32 17/19p ordinary

CFD

increasing a short position

9,865

5.1489 GBP

32 17/19p ordinary

CFD

increasing a short position

3,018

5.1534 GBP

32 17/19p ordinary

CFD

increasing a short position

8,492

5.1535 GBP

32 17/19p ordinary

CFD

increasing a short position

3,319

5.1536 GBP

32 17/19p ordinary

CFD

increasing a short position

19,214

5.1537 GBP

32 17/19p ordinary

CFD

increasing a short position

6,174

5.1538 GBP

32 17/19p ordinary

CFD

increasing a short position

1,659

5.1540 GBP

32 17/19p ordinary

CFD

increasing a short position

3,356

5.1545 GBP

32 17/19p ordinary

CFD

increasing a short position

437

5.1546 GBP

32 17/19p ordinary

CFD

increasing a short position

5

5.1560 GBP

32 17/19p ordinary

CFD

increasing a short position

3,158

5.1564 GBP

32 17/19p ordinary

CFD

increasing a short position

1,183

5.1577 GBP

32 17/19p ordinary

CFD

reducing a long position

14,730

5.1392 GBP

32 17/19p ordinary

CFD

reducing a long position

6,406

5.1393 GBP

32 17/19p ordinary

CFD

reducing a long position

13,944

5.1394 GBP

32 17/19p ordinary

CFD

reducing a long position

34,796

5.1395 GBP

32 17/19p ordinary

CFD

reducing a long position

15

5.1400 GBP

32 17/19p ordinary

CFD

reducing a long position

427

5.1400 GBP

32 17/19p ordinary

CFD

reducing a long position

3,296

5.1401 GBP

32 17/19p ordinary

CFD

reducing a long position

4,588

5.1406 GBP

32 17/19p ordinary

CFD

reducing a long position

693

5.1419 GBP

32 17/19p ordinary

CFD

reducing a long position

3,672

5.1459 GBP

32 17/19p ordinary

CFD

reducing a long position

11,206

5.1459 GBP

32 17/19p ordinary

CFD

reducing a long position

3,252

5.1475 GBP

32 17/19p ordinary

CFD

reducing a long position

153

5.1526 GBP

32 17/19p ordinary

CFD

reducing a short position

498

5.1335 GBP

32 17/19p ordinary

CFD

reducing a short position

1,500

5.1380 GBP

32 17/19p ordinary

CFD

reducing a short position

657

5.1387 GBP

32 17/19p ordinary

CFD

reducing a short position

670

5.1397 GBP

32 17/19p ordinary

CFD

reducing a short position

2,684

5.1398 GBP

32 17/19p ordinary

CFD

reducing a short position

1,806

5.1398 GBP

32 17/19p ordinary

CFD

reducing a short position

74,488

5.1400 GBP

32 17/19p ordinary

CFD

reducing a short position

4,539,400

5.1400 GBP

32 17/19p ordinary

CFD

reducing a short position

18,915

5.1400 GBP

32 17/19p ordinary

CFD

reducing a short position

17,168

5.1450 GBP

32 17/19p ordinary

CFD

reducing a short position

72

5.1455 GBP

32 17/19p ordinary

CFD

reducing a short position

1,309

5.1455 GBP

32 17/19p ordinary

CFD

reducing a short position

19,432

5.1466 GBP

32 17/19p ordinary

CFD

reducing a short position

413

5.1500 GBP

32 17/19p ordinary

CFD

reducing a short position

3,356

5.1504 GBP

32 17/19p ordinary

CFD

reducing a short position

922

5.1510 GBP

32 17/19p ordinary

CFD

reducing a short position

4,877

5.1528 GBP

32 17/19p ordinary

CFD

reducing a short position

10,223

5.1529 GBP

32 17/19p ordinary

CFD

reducing a short position

106

5.1535 GBP

32 17/19p ordinary

CFD

reducing a short position

2,963

5.1537 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:

03 February 2025
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
 
 
FEREANADEDXSEEA
Aviva (LSE:AV.)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Aviva Charts.
Aviva (LSE:AV.)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Aviva Charts.