Man Group PLC: Disclosure of Relevant Securities for Aviva plc

On December 13, 2024, Man Group PLC announced important information regarding its position and dealings related to Aviva plc, in compliance with the Takeover Code's requirements.

Key Information

The disclosure comes under Rule 8.3 of the Takeover Code which mandates transparency for parties with significant interests in relevant securities. The full name of the discloser is Man Group PLC. The relevant securities in question pertain to Aviva plc, the offeror/offeree of interest.

The position was held as of December 12, 2024. It is noteworthy that Man Group is also making disclosures regarding another party, specifically Direct Line Insurance Group plc.

Positions Held by Man Group

Man Group PLC's interests and positions in the relevant securities following recent dealings are as follows:

Class of Relevant Security:	32 17/19p Ordinary Shares
Relevant Securities Owned and Controlled:	12,286,387 (0.46%)
Cash-Settled Derivatives:	11,814,903 (0.44%)
Stock-Settled Derivatives:	4,913,000 (0.18%)
Total Interest:	24,101,290 (0.90%)

The overall interests and positions indicate significant engagement with Aviva plc's securities.

Details of Recent Dealings

Transaction activity by Man Group included the following:

Class of Relevant Security	Type of Transaction	Number of Securities	Price per Unit
32 17/19p Ordinary Shares	Purchase	26,600	£4.710

In addition, there were cash-settled derivative transactions, including reductions of positions in equity swaps.

Additional Information

The disclosure also includes agreements related to indemnities or any dealing arrangements which might incentivize dealings with the relevant securities. Man Group PLC stated that there were no such inducements noted.

Engagement with the Market

The date of the disclosure is December 13, 2024, with contact information provided for inquiries. This aligns with the transparent communication standards upheld by the Takeover Panel regarding market surveillance and disclosure requirements.

In conclusion, Man Group PLC's current position showcases a substantial holding in Aviva plc, emphasizing their active involvement in the market.

Disclosure, Securities, Transaction