Last checked at 6 Dec 2022 11:06
6 December 2022
AVIVA PLC ("Aviva")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Aviva announces:
The Global Matching Share Plan (GMSP)
· On 5 December 2022, in London, the following PDMR received Aviva ordinary shares of 3217/19 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 2019 GMSP plan year (January to December 2019). 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 | 272 | 146 | 126 | 445.63pp
|
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 5 December 2022.
Media Enquiries:
Sarah Swailes +44 (0)207 662 6700
General Enquiries:
Kate Graham, Company Secretarial +44 (0) 7385 405380
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
- GB00BPQY8M80 | |
b) | Nature of transaction | 1. VESTING OF 272 MATCHING SHARES.
2. 146 SHARES SOLD TO COVER TAX (AND COSTS) LEAVING BALANCE OF 126 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
1. £4.4563
2. £4.4563 | 1. 272
2. 146
| ||
d) | Aggregated information - Aggregated volume - Price
| 1. £1,212.11
2. £650.62 | 1. 272
2. 146
|
e) | Date of the transaction | 2022-12-05 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |