Last checked at 30 Mar 2021 09:00
30 March 2021
AVIVA PLC ("Aviva")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Aviva announces:
Aviva Annual Bonus Plan 2011 (ABP), Aviva Long Term Incentive Plan 2011 (LTIP) and Aviva Recruitment and Retention Share Award Plan ("RRSAP")
On 26 March 2021, in London, and in line with the normal timetable, the following PDMRs received Aviva ordinary shares of 25 pence each (Shares) following the vesting of awards -
· Granted in 2018, 2019 and 2020 under the ABP.
· Granted in 2018 under the LTIP. Prior to joining the Executive Committee (ExCO) certain PDMRs were granted Restricted Stock Unit (RSU) awards. The RSU awards made to Jason Windsor, Lindsey Rix and Mark Versey have personal performance conditions aligned with CRD IV requirements.
· Jan-Hendrik Erasmus and Mark Versey both had awards granted under the RRSAP in 2020 and 2019 respectively. The award for Jan-Hendrik Erasmus was to replace, on a like for like basis, deferred compensation forfeited on resignation from his previous employer. The award for Mark Versey was for retention and recognition purposes.
Name | ABP or LTIP/RSU | Price at which shares granted (pence) | Shares received from ABP, LTIP or RRSAP awards | No. of shares sold | Price at which shares sold (pence) |
Jason Windsor | ABP (2018) ABP (2019) ABP (2020) RSU | 504p 421p 229p 504p | 6,981 6,395 23,472 52,364 | - - - - | 401.2p 401.2p 401.2p 401.2p |
Nitinbhai Amin | ABP (2018) ABP (2019) ABP (2020) | 504p 421p 229p | 41,533 13,058 18,980 | - - - | 401.2p 401.2p 401.2p |
Kirstine Cooper | ABP (2018) ABP (2019) ABP (2020) | 504p 421p 229p | 32,166 9,205 14,136 | - - - | 401.2p 401.2p 401.2p |
Angela Darlington | ABP (2018) ABP (2019) ABP (2020) | 504p 421p 229p | - - - | 36,936 9,110 17,567 | 401.2p 401.2p 401.2p |
Jan-Hendrik Erasmus | ABP (2020) RRSAP | 229p 404p | 14,303 - | - 11,225 | 401.2p 401.2p |
Colm Holmes | ABP (2018) ABP (2019) ABP (2020) RSU | 504p 421p 229p 504p | 5,726 8,173 19,261 51,452 | - - - - | 401.2p 401.2p 401.2p 401.2p |
Martin O'Malley | ABP (2020)
| 229p | 5,544 | -
| 401.2p |
Lindsey Rix | ABP (2018) ABP (2019) ABP (2020) RSU | 504p 421p 229p 504p | 4,625 4,015 6,593 37,402 | - - - - | 401.2p 401.2p 401.2p 401.2p |
Chetan Singh | ABP (2018) ABP (2019) ABP (2020) RSU | 504p 421p 229p 504p | 6,594 6,527 10,255 43,636 | - - - - | 401.2p 401.2p 401.2p 401.2p |
Jason Storah | ABP (2018) ABP (2019) ABP (2020) RSU | 504p 421p 229p 504p | 551 2,743 8,837 15,293 | - - - - | 401.2p 401.2p 401.2p 401.2p |
Mark Versey | RSU RRSAP | 504p 421p | 14,960 3,349 | - - | 401.2p 401.2p |
· The releases under the ABP, LTIP and RRSAP include additional Shares received in lieu of dividends, which are subject to tax. The awards have been settled on a net-of-tax basis.
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 | JASON WINDSOR | ||
2 | Reason for the notification | |||
a) | Position/status | CHEIF FINANCIAL 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
- GB0002162385 | ||
b) | Nature of transaction | VESTING OF 69,685 ABP 2018, 2019 AND 2020 SHARES AND 99,021 RSU 2018 SHARES.
89,212 SHARES RETAINED.
| ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| 1. £4.012
2. £4.012 | 1. 89,212
2. 0
| |
d) | Aggregated information - Aggregated volume - Price
| 1. £ 357,918.54
2. £0 | 1. 89,212
2. 0 | |
e) | Date of the transaction | 2021-03-26 | ||
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | NITINBHAI AMIN | |
2 | Reason for the notification | ||
a) | Position/status | CHIEF OPERATNG 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
- GB0002162385 | |
b) | Nature of transaction | VESTING OF 139,125 ABP 2018, 2019 and 2020 SHARES
73,571 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 73,571
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 295,166.85
2. £0 | 1. 73,571
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | KIRSTINE COOPER | |
2 | Reason for the notification | ||
a) | Position/status | GROUP GENERAL COUNSEL AND COMPANY SECRETARY | |
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 104,968 ABP 2018, 2019 and 2020 SHARES
55,507 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 55,507
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 222,694.08
2. £0 | 1. 55,507
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | ANGELA DARLINGTON | |
2 | Reason for the notification | ||
a) | Position/status | CHIEF EXECUTIVE OFFICER, UK LIFE | |
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 120,595 ABP 2018, 2019 and 2020 SHARES
0 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 0
2. 63,614
|
d) | Aggregated information - Aggregated volume - Price
| 1. £4.012
2. £255,219.37 | 1. 0
2. 63,614 |
e) | Date of the transaction | 2021-03-26 | |
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 Identification code
| - SHARES
- GB0002162385 | |
b) | Nature of transaction | VESTING OF 27,049 ABP 2020 SHARES AND 21,280 RRSAP SHARES.
14,303 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 14,303
2. 11,225
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 57,383.64
2. £ 45,034.70 | 1. 14,303
2. 11,225 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | COLM HOLMES | |
2 | Reason for the notification | ||
a) | Position/status | CHIEF EXECUTIVE OFFICER, 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 66,859 ABP 2018, 2019 AND 2020 SHARES AND 103,736 RSU 2018 SHARES.
84,612 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 84,612
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 339,463.34
2. £0 | 1. 84,612
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | MARTIN O'MALLEY | |
2 | Reason for the notification | ||
a) | Position/status | GROUP CHIEF AUDIT 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
- GB0002162385 | |
b) | Nature of transaction | VESTING OF 10,486 ABP 2020 SHARES.
5,544 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 5,544
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 22,242.53
2. £0 | 1. 5,544
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | LINDSEY RIX | |
2 | Reason for the notification | ||
a) | Position/status | CHIEF EXECUTIVE OFFICER OF UK SAVINGS AND RETIREMENT | |
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 28,808 ABP 2018, 2019 AND 2020 SHARES AND 70,729 RSU 2018 SHARES.
52,635 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 52,635
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 211,171.62
2. £0 | 1. 52,635
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | CHETAN SINGH | |
2 | Reason for the notification | ||
a) | Position/status | CHIEF STRATEGY AND M&A 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
- GB0002162385 | |
b) | Nature of transaction | VESTING OF 44,208 ABP 2018, 2019 AND 2020 SHARES AND 82,518 RSU 2018 SHARES.
67,012SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 67,012
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 268,852.14
2. £0 | 1. 67,012
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
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 26,184 ABP 2018, 2019 AND 2020 SHARES AND 33,007 RSU 2018 SHARES.
27,424 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 27,424
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 110,025.09
2. £0 | 1. 27,424
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | MARK VERSEY | |
2 | Reason for the notification | ||
a) | Position/status | CEO OF AVIVA INVESTORS | |
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 28,292 RSU 2018 SHARES AND 6,335 RRSAP SHARES.
18,309 SHARES RETAINED.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1. £4.012
2. £4.012 | 1. 18,309
2. 0
|
d) | Aggregated information - Aggregated volume - Price
| 1. £ 73,455.71
2. £0 | 1. 18,309
2. 0 |
e) | Date of the transaction | 2021-03-26 | |
f) | Place of the transaction | LONDON STOCK EXCHANGE, XLON | |