Morgan Stanley & Co. Int'l plc Form 8.5 (EPT/RI)-Replacement of Aviva plc

RNS Number : 6281A

Morgan Stanley & Co. Int'l plc

13 March 2025

 

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:	11 March 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	PURCHASES	5,281,473	5.3440 GBP	5.2360 GBP
32 17/19p ordinary	SALES	6,558,494	5.3503 GBP	5.2320 GBP
32 17/19p ordinary	PURCHASES	123,592	6.2416 EUR	6.2416 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	2,176	5.2400 GBP
32 17/19p ordinary	CFD	increasing a long position	1,293	5.2504 GBP
32 17/19p ordinary	CFD	increasing a long position	1,137	5.2541 GBP
32 17/19p ordinary	CFD	increasing a long position	3,894	5.2586 GBP
32 17/19p ordinary	CFD	increasing a long position	1,133	5.2586 GBP
32 17/19p ordinary	CFD	increasing a long position	122	5.2605 GBP
32 17/19p ordinary	CFD	increasing a long position	16,273	5.2606 GBP
32 17/19p ordinary	CFD	increasing a long position	28,731	5.2638 GBP
32 17/19p ordinary	CFD	increasing a long position	1,085	5.2665 GBP
32 17/19p ordinary	CFD	increasing a long position	33,172	5.2700 GBP
32 17/19p ordinary	CFD	increasing a long position	3,610	5.2720 GBP
32 17/19p ordinary	CFD	increasing a long position	14,790	5.2735 GBP
32 17/19p ordinary	CFD	increasing a long position	33,142	5.2800 GBP
32 17/19p ordinary	CFD	increasing a long position	1,133	5.2864 GBP
32 17/19p ordinary	CFD	increasing a long position	44,218	5.2867 GBP
32 17/19p ordinary	CFD	increasing a long position	10,616	5.2869 GBP
32 17/19p ordinary	CFD	increasing a long position	22,814	5.2908 GBP
32 17/19p ordinary	CFD	increasing a long position	174	5.2948 GBP
32 17/19p ordinary	CFD	increasing a long position	141	5.2980 GBP
32 17/19p ordinary	CFD	increasing a long position	791	5.2980 GBP
32 17/19p ordinary	CFD	increasing a long position	171	5.2980 GBP
32 17/19p ordinary	CFD	increasing a long position	1,035	5.2980 GBP
32 17/19p ordinary	CFD	increasing a short position	4,062	5.2460 GBP
32 17/19p ordinary	CFD	increasing a short position	4,679	5.2582 GBP
32 17/19p ordinary	CFD	increasing a short position	7,923	5.2644 GBP
32 17/19p ordinary	CFD	increasing a short position	48,601	5.2679 GBP
32 17/19p ordinary	CFD	increasing a short position	9	5.2681 GBP
32 17/19p ordinary	CFD	increasing a short position	123,592	5.2684 GBP
32 17/19p ordinary	CFD	increasing a short position	67,572	5.2696 GBP
32 17/19p ordinary	CFD	increasing a short position	46,284	5.2711 GBP
32 17/19p ordinary	CFD	increasing a short position	31,443	5.2711 GBP
32 17/19p ordinary	CFD	increasing a short position	1,407	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	893	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	1	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	6,181	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	732	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	732	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	3,324	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	1,222	5.2720 GBP
32 17/19p ordinary	CFD	increasing a short position	3,548	5.2723 GBP
32 17/19p ordinary	CFD	increasing a short position	54,415	5.2791 GBP
32 17/19p ordinary	CFD	increasing a short position	15,540	5.2824 GBP
32 17/19p ordinary	CFD	increasing a short position	1,620	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,416	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	355	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,300	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,210	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,338	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,500	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	1,446	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	8,133	5.2849 GBP
32 17/19p ordinary	CFD	increasing a short position	11	5.3116 GBP
32 17/19p ordinary	CFD	increasing a short position	2,400	5.3281 GBP
32 17/19p ordinary	CFD	increasing a short position	323	5.3440 GBP
32 17/19p ordinary	CFD	increasing a short position	2,195	5.3440 GBP
32 17/19p ordinary	CFD	increasing a short position	982	5.3440 GBP
32 17/19p ordinary	CFD	reducing a long position	2,286	5.2632 GBP
32 17/19p ordinary	CFD	reducing a long position	13,069	5.2648 GBP
32 17/19p ordinary	CFD	reducing a long position	4,208	5.2667 GBP
32 17/19p ordinary	CFD	reducing a long position	3,610	5.2720 GBP
32 17/19p ordinary	CFD	reducing a long position	21,426	5.2720 GBP
32 17/19p ordinary	CFD	reducing a long position	30,010	5.2720 GBP
32 17/19p ordinary	CFD	reducing a long position	51,382	5.2728 GBP
32 17/19p ordinary	CFD	reducing a long position	528	5.2728 GBP
32 17/19p ordinary	CFD	reducing a long position	524	5.2740 GBP
32 17/19p ordinary	CFD	reducing a long position	56,090	5.2791 GBP
32 17/19p ordinary	CFD	reducing a long position	51	5.2827 GBP
32 17/19p ordinary	CFD	reducing a long position	459	5.2838 GBP
32 17/19p ordinary	CFD	reducing a long position	1,378	5.2844 GBP
32 17/19p ordinary	CFD	reducing a long position	3,420	5.2850 GBP
32 17/19p ordinary	CFD	reducing a long position	503	5.2860 GBP
32 17/19p ordinary	CFD	reducing a long position	1,770	5.2883 GBP
32 17/19p ordinary	CFD	reducing a long position	1,887	5.2903 GBP
32 17/19p ordinary	CFD	reducing a long position	671	5.2926 GBP
32 17/19p ordinary	CFD	reducing a long position	11	5.2950 GBP
32 17/19p ordinary	CFD	reducing a long position	16,273	5.2954 GBP
32 17/19p ordinary	CFD	reducing a long position	2,983	5.2967 GBP
32 17/19p ordinary	CFD	reducing a long position	1,249	5.2978 GBP
32 17/19p ordinary	CFD	reducing a long position	678	5.2984 GBP
32 17/19p ordinary	CFD	reducing a long position	3,222	5.2992 GBP
32 17/19p ordinary	CFD	reducing a long position	493	5.2995 GBP
32 17/19p ordinary	CFD	reducing a long position	1,314	5.2997 GBP
32 17/19p ordinary	CFD	reducing a long position	66	5.3011 GBP
32 17/19p ordinary	CFD	reducing a long position	1	5.3023 GBP
32 17/19p ordinary	CFD	reducing a short position	4,062	5.2440 GBP
32 17/19p ordinary	CFD	reducing a short position	840,142	5.2503 GBP
32 17/19p ordinary	CFD	reducing a short position	1,407	5.2515 GBP
32 17/19p ordinary	CFD	reducing a short position	18	5.2517 GBP
32 17/19p ordinary	CFD	reducing a short position	363	5.2540 GBP
32 17/19p ordinary	CFD	reducing a short position	691	5.2565 GBP
32 17/19p ordinary	CFD	reducing a short position	1,028	5.2568 GBP
32 17/19p ordinary	CFD	reducing a short position	136	5.2581 GBP
32 17/19p ordinary	CFD	reducing a short position	2,110	5.2619 GBP
32 17/19p ordinary	CFD	reducing a short position	1,653	5.2642 GBP
32 17/19p ordinary	CFD	reducing a short position	3,398	5.2713 GBP
32 17/19p ordinary	CFD	reducing a short position	700	5.2716 GBP
32 17/19p ordinary	CFD	reducing a short position	700	5.2716 GBP
32 17/19p ordinary	CFD	reducing a short position	67	5.2716 GBP
32 17/19p ordinary	CFD	reducing a short position	5,954	5.2716 GBP
32 17/19p ordinary	CFD	reducing a short position	72	5.2716 GBP
32 17/19p ordinary	CFD	reducing a short position	7,144	5.2719 GBP
32 17/19p ordinary	CFD	reducing a short position	271	5.2720 GBP
32 17/19p ordinary	CFD	reducing a short position	679	5.2720 GBP
32 17/19p ordinary	CFD	reducing a short position	55,598	5.2720 GBP
32 17/19p ordinary	CFD	reducing a short position	2,195	5.2720 GBP
32 17/19p ordinary	CFD	reducing a short position	600	5.2721 GBP
32 17/19p ordinary	CFD	reducing a short position	173,700	5.2744 GBP
32 17/19p ordinary	CFD	reducing a short position	2,424	5.2765 GBP
32 17/19p ordinary	CFD	reducing a short position	20,585	5.2765 GBP
32 17/19p ordinary	CFD	reducing a short position	2,460	5.2783 GBP
32 17/19p ordinary	CFD	reducing a short position	141,967	5.2811 GBP
32 17/19p ordinary	CFD	reducing a short position	310	5.2820 GBP
32 17/19p ordinary	CFD	reducing a short position	199,999	5.2828 GBP
32 17/19p ordinary	CFD	reducing a short position	33,850	5.2835 GBP
32 17/19p ordinary	CFD	reducing a short position	11,138	5.2835 GBP
32 17/19p ordinary	CFD	reducing a short position	46,284	5.2838 GBP
32 17/19p ordinary	CFD	reducing a short position	2,568	5.2859 GBP
32 17/19p ordinary	CFD	reducing a short position	54,415	5.2867 GBP
32 17/19p ordinary	CFD	reducing a short position	4,727	5.2893 GBP
32 17/19p ordinary	CFD	reducing a short position	3	5.2900 GBP
32 17/19p ordinary	CFD	reducing a short position	15,903	5.2924 GBP
32 17/19p ordinary	CFD	reducing a short position	83,100	5.2935 GBP
32 17/19p ordinary	CFD	reducing a short position	12,800	5.2972 GBP
32 17/19p ordinary	CFD	reducing a short position	400	5.2996 GBP
32 17/19p ordinary	CFD	reducing a short position	2,400	5.3148 GBP
32 17/19p ordinary	CFD	reducing a short position	3,209	5.3440 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:	13 March 2025
Contact name:	Craig Horsley
Telephone number:	[phone]

 

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 [phone].

 

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

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