1 June 2021
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 27 May 2021, in London, and in line with the normal timetable, the following PDMR received Aviva ordinary shares of 25 pence each (Shares) following the vesting of awards granted under the RRSAP in March 2021. This award was to replace, on a like for like basis, deferred compensation forfeited on resignation from his previous employer.
| Name | Price at which shares granted (pence) | Shares received from RRSAP award | No. of shares sold to cover taxes | No. of shares retained net of taxes and costs | Price at which shares sold (pence) |
| Adam Winslow | 328p | 83,138 | 39,173 | 43,965 | 409.34p
|
· The releases under RRSAP include additional Shares received in lieu of dividends, which are subject to tax.
This announcement is made pursuant to Article 19 of the EU Market Abuse Regulation 596/2014. Aviva was notified of the above transactions on 26 March 2021.
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 | ADAM WINSLOW | ||
| 2 | Reason for the notification | |||
| a) | Position/status | CEO OF AVIVA 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
- GB0002162385 | ||
| b) | Nature of transaction | VESTING OF 83,138 RRSAP SHARES
39,173 SHARES SOLD TO COVER TAX LEAVING BALANCE OF 43,965 SHARES RETAINED. | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| | | 1. £4.0934
2. £4.0934 | 1. 83,138
2. 39,173
| |
| d) | Aggregated information - Aggregated volume - Price
| 1. £340,317.09
2. £160,350.76 | 1. 83,138
2. 39,173 | |
| e) | Date of the transaction | 2021-05-27 | ||
| f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | ||
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