8 December 2020
AVIVA PLC ("Aviva")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Aviva announces:
The Global Matching Share Plan (GMSP)
· On 7 December 2020, in London, the following PDMR received Aviva ordinary shares of 25 pence each (Shares) following the vesting of their Matching Shares from the GMSP.
· The Matching Shares were awarded on a ratio of 2 Matching Shares for each Purchased Share (capped at the first £480pa of Purchased Shares therefore a maximum of £960pa Matching Shares). The Matching Shares have been in a holding period since the end of the 2017 GMSP plan year (January to December 2017). Participation is on the same basis as all eligible employees.
· The release of shares includes additional shares received in lieu of dividends, which are subject to tax. The awards have been settled on a net-of-tax basis.
| Name |
Matching Shares received |
No. of shares sold |
Price at which shares sold (pence) |
| Jason Storah |
104
|
120
|
333.6p
|
This announcement is made pursuant to Article 19 of the EU Market Abuse Regulation 596/2014. Aviva was notified of the above transactions on 27 March 2020.
Media Enquiries:
Andrew Reid +44 (0)7800 694276
Sarah Swailes +44 (0)207 662 6700
General Enquiries:
Elena Petrou, Company Secretarial +44 (0)7800 694 843
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
JASON STORAH |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
CHIEF EXECUTIVE OFFICER, AVIVA CANADA |
|
| b) |
Initial notification/Amendment |
INITIAL NOTIFICATION |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
AVIVA PLC |
|
| b) |
LEI |
YF0Y5B0IB8SM0ZFG9G81 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code
|
- SHARES
- GB0002162385 |
|
| b) |
Nature of transaction |
VESTING OF 224 SHARES. 120 SOLD TO COVER TAX.
104 SHARES RETAINED.
|
|
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
1. £3.336
2. £3.336 |
1. 104
2. 0
|
| d) |
Aggregated information - Aggregated volume - Price
|
1. £346.94
2. £0 |
1. 104
2. 0 |
| e) |
Date of the transaction |
2020-12-07 |
|
| f) |
Place of the transaction |
LONDON STOCK EXCHANGE, XLON |
|
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