Aviva PLC Announces Dividend Declaration

LONDON, UNITED KINGDOM--(Marketwired - Mar 10, 2016) -  Aviva PLC (LSE: AV) (NYSE: AV)

AVIVA PLC ("Aviva")

2015 FINAL DIVIDEND ON AVIVA PLC ORDINARY SHARES AND DIVIDEND ON 8 ³/₄% CUMULATIVE IRREDEEMABLE PREFERENCE SHARES

10 March 2016

Aviva announces that:

• On 9 March 2016, the Directors agreed a recommendation to shareholders of a final dividend of 14.05 pence per share on Aviva ordinary shares. The final dividend for the year ending 31 December 2015 will be paid on 17 May 2016 to shareholders on the Register of Members at 6pm on the record date of 8 April 2016. Holders of Aviva American Depository Receipts (ADRs) will be paid the dividend approximately five business days after the payment to ordinary shareholders.
  
  In compliance with the rules issued by the Prudential Regulation Authority in relation to the implementation of the Solvency II (SII) regime and other regulatory requirements to which the Group is subject under the SII regime, the dividend is required to remain cancellable at any point prior to it becoming due and payable on 17 May 2016 and to be cancelled if, prior to payment, the Group ceases to hold capital resources equal to or in excess of its Solvency Capital Requirement, or if that would be the case if the dividend was paid. The directors have no intention of exercising this cancellation right, other than where required to do so by the Prudential Regulation Authority.
  
  
• On 9 March 2016, the Directors declared a dividend of 4 ³/₈% per share on 8 ³/₄% Cumulative Irredeemable Preference Shares. The dividend for the six month period ending 30 June 2016 will be paid on 30 June 2016 to shareholders on the Register of Members on the record date of 10 June 2016.