RNS Number : 1805W
Morgan Stanley & Co. Int'l plc
06 February 2025
 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

Morgan Stanley & Co. International plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Aviva plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Direct Line Insurance Group plc

(d) Date dealing undertaken:

05 February 2025

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES - Direct Line Insurance Group plc

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

32 17/19p ordinary

PURCHASES

7,652,572

5.0784 GBP

5.0175 GBP

32 17/19p ordinary

SALES

6,064,511

5.0786 GBP

5.0160 GBP

32 17/19p ordinary

PURCHASES

5,453

6.0851 EUR

6.0851 EUR

 

(b)        Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

32 17/19p ordinary

CFD

increasing a long position

4,423

5.0200 GBP

32 17/19p ordinary

CFD

increasing a long position

59

5.0239 GBP

32 17/19p ordinary

CFD

increasing a long position

353

5.0426 GBP

32 17/19p ordinary

CFD

increasing a long position

193

5.0435 GBP

32 17/19p ordinary

CFD

increasing a long position

11,236

5.0482 GBP

32 17/19p ordinary

CFD

increasing a long position

3,702

5.0482 GBP

32 17/19p ordinary

CFD

increasing a long position

6,595

5.0495 GBP

32 17/19p ordinary

CFD

increasing a long position

477

5.0589 GBP

32 17/19p ordinary

CFD

increasing a long position

13,615

5.0622 GBP

32 17/19p ordinary

CFD

increasing a long position

38,955

5.0696 GBP

32 17/19p ordinary

CFD

increasing a long position

6,108

5.0733 GBP

32 17/19p ordinary

CFD

increasing a long position

2,626

5.0778 GBP

32 17/19p ordinary

CFD

increasing a long position

380

5.0780 GBP

32 17/19p ordinary

CFD

increasing a long position

138

5.0780 GBP

32 17/19p ordinary

CFD

increasing a long position

20,154

5.0780 GBP

32 17/19p ordinary

CFD

increasing a long position

3,039,727

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

474

5.0120 GBP

32 17/19p ordinary

CFD

increasing a short position

13

5.0214 GBP

32 17/19p ordinary

CFD

increasing a short position

394

5.0214 GBP

32 17/19p ordinary

CFD

increasing a short position

12,540

5.0214 GBP

32 17/19p ordinary

CFD

increasing a short position

34

5.0214 GBP

32 17/19p ordinary

CFD

increasing a short position

565

5.0240 GBP

32 17/19p ordinary

CFD

increasing a short position

4,132

5.0240 GBP

32 17/19p ordinary

CFD

increasing a short position

6,380

5.0272 GBP

32 17/19p ordinary

CFD

increasing a short position

40,350

5.0426 GBP

32 17/19p ordinary

CFD

increasing a short position

11,061

5.0438 GBP

32 17/19p ordinary

CFD

increasing a short position

9,133

5.0456 GBP

32 17/19p ordinary

CFD

increasing a short position

2,483

5.0500 GBP

32 17/19p ordinary

CFD

increasing a short position

823

5.0502 GBP

32 17/19p ordinary

CFD

increasing a short position

3,450

5.0517 GBP

32 17/19p ordinary

CFD

increasing a short position

1,579

5.0517 GBP

32 17/19p ordinary

CFD

increasing a short position

27,254

5.0542 GBP

32 17/19p ordinary

CFD

increasing a short position

1,992

5.0558 GBP

32 17/19p ordinary

CFD

increasing a short position

6,933

5.0569 GBP

32 17/19p ordinary

CFD

increasing a short position

3,127

5.0614 GBP

32 17/19p ordinary

CFD

increasing a short position

17,096

5.0622 GBP

32 17/19p ordinary

CFD

increasing a short position

25

5.0690 GBP

32 17/19p ordinary

CFD

increasing a short position

122,980

5.0699 GBP

32 17/19p ordinary

CFD

increasing a short position

12,035

5.0735 GBP

32 17/19p ordinary

CFD

increasing a short position

27,048

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

1,447

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

19,850

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

8,867

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

14,114

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

61,974

5.0780 GBP

32 17/19p ordinary

CFD

increasing a short position

38,900

5.0784 GBP

32 17/19p ordinary

CFD

increasing a short position

182

5.0784 GBP

32 17/19p ordinary

CFD

reducing a long position

380

5.0240 GBP

32 17/19p ordinary

CFD

reducing a long position

920

5.0250 GBP

32 17/19p ordinary

CFD

reducing a long position

302

5.0250 GBP

32 17/19p ordinary

CFD

reducing a long position

13,615

5.0438 GBP

32 17/19p ordinary

CFD

reducing a long position

477

5.0502 GBP

32 17/19p ordinary

CFD

reducing a long position

202

5.0601 GBP

32 17/19p ordinary

CFD

reducing a long position

14,897

5.0632 GBP

32 17/19p ordinary

CFD

reducing a long position

5,453

5.0640 GBP

32 17/19p ordinary

CFD

reducing a long position

32,276

5.0737 GBP

32 17/19p ordinary

CFD

reducing a long position

810

5.0742 GBP

32 17/19p ordinary

CFD

reducing a long position

3,039,727

5.0780 GBP

32 17/19p ordinary

CFD

reducing a long position

796

5.0780 GBP

32 17/19p ordinary

CFD

reducing a long position

2,619,707

5.0780 GBP

32 17/19p ordinary

CFD

reducing a long position

10,050

5.0780 GBP

32 17/19p ordinary

CFD

reducing a long position

5,660

5.0781 GBP

32 17/19p ordinary

CFD

reducing a short position

167,867

5.0177 GBP

32 17/19p ordinary

CFD

reducing a short position

4,763

5.0178 GBP

32 17/19p ordinary

CFD

reducing a short position

6,380

5.0284 GBP

32 17/19p ordinary

CFD

reducing a short position

3,247

5.0296 GBP

32 17/19p ordinary

CFD

reducing a short position

27,153

5.0359 GBP

32 17/19p ordinary

CFD

reducing a short position

47,522

5.0495 GBP

32 17/19p ordinary

CFD

reducing a short position

124,255

5.0503 GBP

32 17/19p ordinary

CFD

reducing a short position

2,491

5.0528 GBP

32 17/19p ordinary

CFD

reducing a short position

5,409

5.0534 GBP

32 17/19p ordinary

CFD

reducing a short position

100,940

5.0549 GBP

32 17/19p ordinary

CFD

reducing a short position

50,155

5.0565 GBP

32 17/19p ordinary

CFD

reducing a short position

4,594

5.0578 GBP

32 17/19p ordinary

CFD

reducing a short position

2,483

5.0584 GBP

32 17/19p ordinary

CFD

reducing a short position

150

5.0589 GBP

32 17/19p ordinary

CFD

reducing a short position

2,329

5.0595 GBP

32 17/19p ordinary

CFD

reducing a short position

2,557

5.0607 GBP

32 17/19p ordinary

CFD

reducing a short position

37,549

5.0609 GBP

32 17/19p ordinary

CFD

reducing a short position

199,218

5.0617 GBP

32 17/19p ordinary

CFD

reducing a short position

4,183

5.0619 GBP

32 17/19p ordinary

CFD

reducing a short position

32,461

5.0628 GBP

32 17/19p ordinary

CFD

reducing a short position

143,500

5.0642 GBP

32 17/19p ordinary

CFD

reducing a short position

25,065

5.0647 GBP

32 17/19p ordinary

CFD

reducing a short position

2,947

5.0647 GBP

32 17/19p ordinary

CFD

reducing a short position

2,475

5.0649 GBP

32 17/19p ordinary

CFD

reducing a short position

398

5.0650 GBP

32 17/19p ordinary

CFD

reducing a short position

45,991

5.0670 GBP

32 17/19p ordinary

CFD

reducing a short position

16,224

5.0704 GBP

32 17/19p ordinary

CFD

reducing a short position

20,879

5.0737 GBP

32 17/19p ordinary

CFD

reducing a short position

168,804

5.0759 GBP

32 17/19p ordinary

CFD

reducing a short position

21,987

5.0778 GBP

32 17/19p ordinary

CFD

reducing a short position

83,779

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

1,009

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

109,583

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

9,101

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

6,467

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

14,114

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

97,984

5.0780 GBP

32 17/19p ordinary

CFD

reducing a short position

17,197

5.0780 GBP

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

N/A

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

 

3.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

NONE

 

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE

 

 

 

Date of disclosure:

06 February 2025
Contact name:

Craig Horsley
Telephone number:

+44 141 245-7736

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FEREANAKEEXSEEA
Morgan.st 25 (LSE:YZ61)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025 Plus de graphiques de la Bourse Morgan.st 25
Morgan.st 25 (LSE:YZ61)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025 Plus de graphiques de la Bourse Morgan.st 25