Notice of Special Redemption Price
Summary by AI BETAClose X
16 June 2026
NOTICE TO THE HOLDERS OF
Sterling-denominated 6.125 per cent. Fixed/Fixed Rate Reset Subordinated Notes due 2036
(ISIN: XS0138717441, Common Code: 013871744)
of which £113,800,000 remains outstanding
(the Notes)
Issued by
Aviva plc
(incorporated in England and Wales with limited liability, registered number 02468686)
(the Issuer)
On 19 May 2026, the Issuer gave notice to the holders of the Notes that, following the occurrence of a Capital Disqualification Event in respect of the Notes, the Issuer will exercise its option to redeem all of the outstanding Notes pursuant to Condition 6(e) (Optional Redemption due to Capital Disqualification Event) of the Terms and Conditions of the Notes on 19 June 2026 (the Redemption Date).
The Notes will be redeemed at their Special Redemption Price together with interest accrued to, but excluding, the Redemption Date. There are no Arrears of Interest.
The Special Redemption Price, in respect of each Note, is equal to 100.4636 per cent. of the principal amount of such Note. The Special Redemption Price was determined in the manner described in the Terms and Conditions of the Notes, by reference to the Gross Redemption Yield at 11.00 a.m. on 16 June 2026 of the 6 per cent. Treasury Stock due December 2028 (ISIN: GB0002404191) plus seventy-five basis points.
The Issuer will apply to the Financial Conduct Authority (the FCA) for the cancellation of the listing of the Notes on the official list of the FCA and to the London Stock Exchange plc (the London Stock Exchange) for the cancellation of the admission to trading of the Notes on the Main Market of the London Stock Exchange on or shortly after the Redemption Date.
Capitalised terms not otherwise defined herein have the meanings given to them in the Terms and Conditions of the Notes.
Given for and on behalf of the Issuer on 16 June 2026.
-ends-
Enquiries:
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Media: |
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Andrew Reid |
+44 (0)7800 694 276 |
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Sarah Swailes |
+44 (0)7800 694 859 |
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Alice Constable |
+44 (0)7350 398 942 |
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Analysts: |
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Michael O'Hara |
+44 (0)7387 234 388 |
Legal Entity Identifier (LEI) of Aviva plc: YF0Y5B0IB8SM0ZFG9G81
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