Aviva PLC Director/PDMR Shareholding (0944O)
May 27 2020 - 06:32AM
UK Regulatory
TIDMAV.
RNS Number : 0944O
Aviva PLC
27 May 2020
27 May 2020
AVIVA PLC ("Aviva")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Aviva announces that:
Aviva Recruitment and Retention Share Award Plan (RRSAP)
-- On 22 May 2020 the following PDMRs received Shares following
the vesting of awards granted under the RRSAP. Awards granted under
RRSAP were made to replace, on a like for like basis, deferred
compensation they forfeited on resignation from their previous
employers.
Name Price at Shares No. of Shares No. of Shares Price at which
which Shares received sold to cover received net Shares sold
granted RRSAP taxes and of taxes and (pence)
(pence) awards costs costs
Erica Arnold 421p 71,624 33,748 37,876 232.7p
--------------- ---------- ---------------- --------------- ----------------
Jan-Hendrik
Erasmus 404p 23,118 10,893 12,225 232.7p
--------------- ---------- ---------------- --------------- ----------------
-- These Shares vested in accordance with the rules of the
RRSAP. The grant of awards under the RRSAP was for nil
consideration. These awards under the RRSAP were granted at the
following prices
-- GBP4.21 in respect of the RRSAP for Erica Arnold, being the
average of the mid- market closing price of an Aviva ordinary share
on the three consecutive business days immediately preceding 1
January 2020.
-- GBP4.04 in respect of the RRSAP for Jan-Hendrik Erasmus,
being the average of the mid- market closing price of an Aviva
ordinary share on the three consecutive business days immediately
preceding 1 February 2020.
-- The awards for Erica Arnold and Jan-Hendrik Erasmus are as announced on 25 March 2020.
This announcement is made in accordance with Article 19 of the
EU Market Abuse Regulation 596/2014.
Media Enquiries:
Andrew Reid +44 (0)7800 694276
General Enquiries:
Elena Petrou, Company Secretarial +44 (0)207 662 1268
Template for notification and public disclosure of transactions
by persons discharging managerial responsibilities (PDMRs) and
persons closely associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Erica Arnold
------------------------------------- --------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status Chief Operating Officer
------------------------------------- --------------------------------------------
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 * SHARES
Identification code
* GB0002162385
------------------------------------- --------------------------------------------
b) Nature of transaction VESTING OF 71,624 RRSAP SHARES.
33,748 SHARES SOLD TO COVER TAX LEAVING
BALANCE OF 37,876 SHARES RETAINED.
------------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------- ------------------------------- -----------
GBP2.327 71,624
-------------------------------------------------------------------------- -----------
Aggregated information
* Aggregated volume
d) * Price * GBP166,669.05 71,624
------------------------------------- ------------------------------- -----------
e) Date of the transaction 2020-05-22
------------------------------------- --------------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE, XLON
------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Jan-Hendrik Erasmus
------------------------------------- --------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status Group Chief Risk Officer
------------------------------------- --------------------------------------------
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 * SHARES
Identification code
* GB0002162385
------------------------------------- --------------------------------------------
b) Nature of transaction VESTING OF 23,118 RRSAP SHARES.
10,893 SHARES SOLD TO COVER TAX LEAVING
BALANCE OF 12,225 SHARES RETAINED.
------------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------- ------------------------------- -----------
GBP2.327 23,118
-------------------------------------------------------------------------- -----------
Aggregated information
* Aggregated volume
d) * Price * GBP53,795.59 23,118
------------------------------------- ------------------------------- -----------
e) Date of the transaction 2020-05-22
------------------------------------- --------------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE, XLON
------------------------------------- --------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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