Director/PDMR Shareholding

RNS Number : 8196N
Aviva PLC
06 June 2022
 

 

6 June 2022

 

AVIVA PLC ("Aviva")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

 

Aviva announces:

 

Aviva Recruitment and Retention Share Award Plan ("RRSAP")

 

· On 1 June 2022, in London, and in line with the normal timetable, Andrea Montague received Aviva ordinary shares of 3217/19  pence each (Shares) following the vesting of the award granted under the RRSAP in August 2020. This award was to replace, on a like for like basis, deferred compensation forfeited on resignation from her previous employer.

Name

Price at which shares granted

(pence)

Shares received from RRSAP award

No. of shares sold

No. of shares retained

Release price

(pence)

Andrea Montague

244p

 

65,778

 

31,818

33,960

431.168p

 

 

· The releases under the RRSAP include additional Shares received in lieu of dividends, which are subject to tax.

 

 

 

 

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 1 June 2022.

 

 

Media Enquiries:  

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

ANDREA MONTAGUE

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

Identification code

 

SHARES

 

GB00BPQY8M80

b)

Nature of transaction

1. VESTING OF 65,778 RRSAP SHARES.

 

2. 31,818 SHARES SOLD TO COVER TAX (AND COSTS) LEAVING BALANCE OF 33,960 SHARES RETAINED.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



1.  £4.31168

 

2.  £4.31168

1.  65,778

 

2.  33,960

 

d)

Aggregated information

Aggregated volume

Price

 

1.  283,613.69

 

2. £146,424.65

1.  65,778

 

2.  33,960

 

e)

Date of the transaction

2022-06-01

f)

Place of the transaction

LONDON STOCK EXCHANGE, XLON

 

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Companies

Aviva (AV.)
UK 100

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