7 December 2021
AVIVA PLC ("Aviva")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Aviva announces:
The Global Matching Share Plan (GMSP)
· On 6 December 2021, 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 2018 GMSP plan year (January to December 2018). 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 |
No. of shares retained |
Price at which shares sold (pence) |
| Jason Storah |
236
|
127
|
109 |
369.88p
|
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).
Aviva was notified of the above transactions on 6 December 2021.
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 |
1. VESTING OF 236 SHARES 2. 127 SHARES SOLD |
||
| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
|
1. £3.6988
2. £3.6988
|
1. 236
2. 127 |
|
| d) |
Aggregated information - Aggregated volume - Price
|
1. £872.92
2. £469.75
|
1. 236
2. 127
|
|
| e) |
Date of the transaction |
2021-12-06 |
||
| f) |
Place of the transaction |
LONDON STOCK EXCHANGE, XLON |
||
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.