TIDMAV.

RNS Number : 3321N

Aviva PLC

20 January 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BPQY8M80

Issuer Name

AVIVA PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Cevian Capital II G.P. Limited

City of registered office (if applicable)

St Helier

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

 
  Name                        City of registered office    Country of registered office 
   Aurora Nominees Limited     London                       United Kingdom 
                            ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

18/01/2023

6. Date on which Issuer notified

19/01/2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation     Below 5%                Below 5%                Below 5%                Below 5% 
   on the date on 
   which threshold was 
   crossed or reached 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            5.016928                0.000000                5.016928                197144038 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BPQY8M80                                    Below 5%                                        Below 5% 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A           Below 5%                                        Below 5% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling    Name of controlled      % of voting rights if   % of voting rights      Total of both if it 
person                  undertaking             it equals or is higher  through financial       equals or is higher 
                                                than the notifiable     instruments if it       than the notifiable 
                                                threshold               equals or is higher     threshold 
                                                                        than the notifiable 
                                                                        threshold 
   Cevian Capital II       Cevian Capital II       N/A                     N/A                     N/A 
   G.P. Limited            Master Fund L.P. 
                        ======================  ======================  ======================  ====================== 
   Cevian Capital II       Cevian Capital II       N/A                     N/A                     N/A 
   G.P. Limited            Co-Investment Fund 
                           L.P. 
                        ======================  ======================  ======================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Cevian Capital II G.P. Limited acts as general partner for both Cevian Capital II Master Fund L.P and Cevian Capital II Co-Investment Fund L.P.

The legal owner of the shares is Aurora Nominees Limited (acting as nominee), which holds the shares on behalf of UBS AG (acting as custodian).

For the avoidance of doubt, this TR-1 is made in respect of the aggregated position of Cevian Capital II Master Fund L.P. and Cevian Capital II Co-Investment Fund L.P.

12. Date of Completion

19/01/2023

13. Place Of Completion

Jersey, Channel Islands

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