RNS Number : 9971Z
Morgan Stanley & Co. Int'l plc
10 March 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:

07 March 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

2,324,310

5.3660 GBP

5.3012 GBP

32 17/19p ordinary

SALES

3,060,314

5.3660 GBP

5.3000 GBP

32 17/19p ordinary

PURCHASES

251,610

6.3720 EUR

6.3717 EUR

32 17/19p ordinary

SALES

5,489

6.9154 USD

6.9154 USD

 

(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

17

5.3240 GBP

32 17/19p ordinary

CFD

increasing a long position

80

5.3240 GBP

32 17/19p ordinary

CFD

increasing a long position

14

5.3240 GBP

32 17/19p ordinary

CFD

increasing a long position

106

5.3240 GBP

32 17/19p ordinary

CFD

increasing a long position

2,379

5.3296 GBP

32 17/19p ordinary

CFD

increasing a long position

418

5.3302 GBP

32 17/19p ordinary

CFD

increasing a long position

470

5.3351 GBP

32 17/19p ordinary

CFD

increasing a long position

52,002

5.3405 GBP

32 17/19p ordinary

CFD

increasing a long position

770

5.3418 GBP

32 17/19p ordinary

CFD

increasing a long position

3,377

5.3422 GBP

32 17/19p ordinary

CFD

increasing a long position

1,389

5.3422 GBP

32 17/19p ordinary

CFD

increasing a long position

387

5.3422 GBP

32 17/19p ordinary

CFD

increasing a long position

4,189

5.3487 GBP

32 17/19p ordinary

CFD

increasing a long position

40,227

5.3493 GBP

32 17/19p ordinary

CFD

increasing a long position

9,084

5.3535 GBP

32 17/19p ordinary

CFD

increasing a long position

159

5.3536 GBP

32 17/19p ordinary

CFD

increasing a long position

6,699

5.3539 GBP

32 17/19p ordinary

CFD

increasing a long position

8,344

5.3545 GBP

32 17/19p ordinary

CFD

increasing a long position

22,800

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

19,700

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

2,800

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

31,600

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

102,894

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

1,005

5.3564 GBP

32 17/19p ordinary

CFD

increasing a long position

225

5.3576 GBP

32 17/19p ordinary

CFD

increasing a long position

230

5.3580 GBP

32 17/19p ordinary

CFD

increasing a short position

831

5.3012 GBP

32 17/19p ordinary

CFD

increasing a short position

722

5.3240 GBP

32 17/19p ordinary

CFD

increasing a short position

9,343

5.3246 GBP

32 17/19p ordinary

CFD

increasing a short position

2,424

5.3312 GBP

32 17/19p ordinary

CFD

increasing a short position

159

5.3360 GBP

32 17/19p ordinary

CFD

increasing a short position

2,757

5.3364 GBP

32 17/19p ordinary

CFD

increasing a short position

58,764

5.3421 GBP

32 17/19p ordinary

CFD

increasing a short position

36,746

5.3454 GBP

32 17/19p ordinary

CFD

increasing a short position

12,092

5.3454 GBP

32 17/19p ordinary

CFD

increasing a short position

49,167

5.3492 GBP

32 17/19p ordinary

CFD

increasing a short position

1,913

5.3500 GBP

32 17/19p ordinary

CFD

increasing a short position

6,887

5.3508 GBP

32 17/19p ordinary

CFD

increasing a short position

60,829

5.3520 GBP

32 17/19p ordinary

CFD

increasing a short position

35,841

5.3540 GBP

32 17/19p ordinary

CFD

increasing a short position

224

5.3540 GBP

32 17/19p ordinary

CFD

increasing a short position

613

5.3540 GBP

32 17/19p ordinary

CFD

increasing a short position

1,068

5.3540 GBP

32 17/19p ordinary

CFD

increasing a short position

40,533

5.3542 GBP

32 17/19p ordinary

CFD

increasing a short position

103,230

5.3542 GBP

32 17/19p ordinary

CFD

increasing a short position

83,155

5.3546 GBP

32 17/19p ordinary

CFD

increasing a short position

18,633

5.3555 GBP

32 17/19p ordinary

CFD

increasing a short position

8,293

5.3555 GBP

32 17/19p ordinary

CFD

increasing a short position

14,202

5.3557 GBP

32 17/19p ordinary

CFD

reducing a long position

613

5.3012 GBP

32 17/19p ordinary

CFD

reducing a long position

2,379

5.3059 GBP

32 17/19p ordinary

CFD

reducing a long position

7,921

5.3124 GBP

32 17/19p ordinary

CFD

reducing a long position

3,971

5.3246 GBP

32 17/19p ordinary

CFD

reducing a long position

157

5.3247 GBP

32 17/19p ordinary

CFD

reducing a long position

3,434

5.3305 GBP

32 17/19p ordinary

CFD

reducing a long position

1,954

5.3320 GBP

32 17/19p ordinary

CFD

reducing a long position

1,633

5.3358 GBP

32 17/19p ordinary

CFD

reducing a long position

2,874

5.3358 GBP

32 17/19p ordinary

CFD

reducing a long position

6,736

5.3421 GBP

32 17/19p ordinary

CFD

reducing a long position

1,554

5.3487 GBP

32 17/19p ordinary

CFD

reducing a long position

132,594

5.3509 GBP

32 17/19p ordinary

CFD

reducing a long position

888

5.3517 GBP

32 17/19p ordinary

CFD

reducing a long position

40,227

5.3535 GBP

32 17/19p ordinary

CFD

reducing a long position

103,230

5.3539 GBP

32 17/19p ordinary

CFD

reducing a long position

45,150

5.3542 GBP

32 17/19p ordinary

CFD

reducing a long position

11,351

5.3542 GBP

32 17/19p ordinary

CFD

reducing a long position

14,689

5.3551 GBP

32 17/19p ordinary

CFD

reducing a long position

9,036

5.3553 GBP

32 17/19p ordinary

CFD

reducing a short position

22,900

5.3202 GBP

32 17/19p ordinary

CFD

reducing a short position

2,100

5.3300 GBP

32 17/19p ordinary

CFD

reducing a short position

428

5.3318 GBP

32 17/19p ordinary

CFD

reducing a short position

50

5.3318 GBP

32 17/19p ordinary

CFD

reducing a short position

58,764

5.3405 GBP

32 17/19p ordinary

CFD

reducing a short position

5,528

5.3413 GBP

32 17/19p ordinary

CFD

reducing a short position

63

5.3438 GBP

32 17/19p ordinary

CFD

reducing a short position

6

5.3438 GBP

32 17/19p ordinary

CFD

reducing a short position

74

5.3438 GBP

32 17/19p ordinary

CFD

reducing a short position

7,956

5.3438 GBP

32 17/19p ordinary

CFD

reducing a short position

102,900

5.3469 GBP

32 17/19p ordinary

CFD

reducing a short position

68,400

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

79,000

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

236,500

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

7,400

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

800

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

31,800

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

4,800

5.3475 GBP

32 17/19p ordinary

CFD

reducing a short position

1,302

5.3484 GBP

32 17/19p ordinary

CFD

reducing a short position

11,025

5.3493 GBP

32 17/19p ordinary

CFD

reducing a short position

564

5.3503 GBP

32 17/19p ordinary

CFD

reducing a short position

53,473

5.3504 GBP

32 17/19p ordinary

CFD

reducing a short position

36,000

5.3526 GBP

32 17/19p ordinary

CFD

reducing a short position

19

5.3528 GBP

32 17/19p ordinary

CFD

reducing a short position

9,490

5.3528 GBP

32 17/19p ordinary

CFD

reducing a short position

14

5.3536 GBP

32 17/19p ordinary

CFD

reducing a short position

316,172

5.3537 GBP

32 17/19p ordinary

CFD

reducing a short position

831

5.3539 GBP

32 17/19p ordinary

CFD

reducing a short position

12,036

5.3540 GBP

32 17/19p ordinary

CFD

reducing a short position

251

5.3540 GBP

32 17/19p ordinary

CFD

reducing a short position

1,899

5.3540 GBP

32 17/19p ordinary

CFD

reducing a short position

70,875

5.3541 GBP

32 17/19p ordinary

CFD

reducing a short position

15,685

5.3543 GBP

32 17/19p ordinary

CFD

reducing a short position

16,964

5.3549 GBP

32 17/19p ordinary

CFD

reducing a short position

400

5.3564 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:

10 March 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
 
 
FERGPURAWUPAURU
Morgan.st 25 (LSE:YZ61)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025 Plus de graphiques de la Bourse Morgan.st 25
Morgan.st 25 (LSE:YZ61)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025 Plus de graphiques de la Bourse Morgan.st 25