Director/PDMR Shareholding

RNS Number : 9126H
Aviva PLC
08 December 2020
 

 

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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Companies

Aviva (AV.)
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