Director's Dealing • Dec 6, 2023
Director's Dealing
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RNS Number : 9119V
Aviva PLC
06 December 2023
6 December 2023
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 2023, 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 £480 per annum of Purchased Shares therefore a maximum of £960 per annum Matching Shares).
· 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 | 1,184 | 659 | 525 | 418.95pp |
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 2023.
Media Enquiries:
Sarah Swailes +44 (0)207 662 6700
General Enquiries:
Elena Petrou, Head of Share Schemes +44 (0) 7800 694843
| 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 OF UK & IRELAND GENERAL INSURANCE | |
| 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 1,184 MATCHING SHARES. 2. 659 SHARES SOLD TO COVER TAX (AND COSTS) LEAVING BALANCE OF 525 SHARES RETAINED. |
|
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1. £4.1895 2. £4.1895 |
1. 1,184 2. 659 |
||
| d) | Aggregated information - Aggregated volume - Price |
1. £4,960.37 2. £2,760.88 |
1. 1,184 2. 659 |
| e) | Date of the transaction | 2023-12-05 | |
| f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON |
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