17th Mar 2017 15:55
Amendment - due to the amendment of Derivative transactions, the disclosure made on 16 March for dealings on 13 March has been updated. Section 2(b) has been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | STANDARD LIFE PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | STANDARD LIFE PLC |
(d) Date dealing undertaken: | 13 March 2017 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for ABERDEEN ASSET MANAGEMENT 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 |
12 2/9p ordinary | Purchases | 2,010,319 | 3.7858 GBP | 3.7150 GBP |
12 2/9p ordinary | Sales | 3,901,446 | 3.7940 GBP | 3.7150 GBP |
(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 |
12 2/9p ordinary | CFD | Reducing a short position | 14,269 | 3.7150 GBP |
12 2/9p ordinary | CFD | Opening a long position | 12,925 | 3.7150 GBP |
12 2/9p ordinary | CFD | Opening a long position | 1,154 | 3.7151 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 20,764 | 3.7151 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 3,700 | 3.7178 GBP |
12 2/9p ordinary | CFD | Opening a short position | 412,452 | 3.7190 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 5,725 | 3.7211 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 717 | 3.7225 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 3,974 | 3.7269 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 844 | 3.7297 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 92,095 | 3.7298 GBP |
12 2/9p ordinary | CFD | Opening a long position | 302,960 | 3.7301 GBP |
12 2/9p ordinary | CFD | Opening a long position | 779,040 | 3.7301 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 168,922 | 3.7319 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 3,373 | 3.7326 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 13,812 | 3.7345 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 12,385 | 3.7345 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 91,237 | 3.7345 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 37,610 | 3.7345 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 741 | 3.7361 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 9,800 | 3.7367 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 9,612 | 3.7381 GBP |
12 2/9p ordinary | CFD | Opening a short position | 1,998 | 3.7393 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 32,675 | 3.7409 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 8,364 | 3.7411 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 1,807 | 3.7413 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 12,884 | 3.7419 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 1,883 | 3.7428 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 25,143 | 3.7431 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 15,863 | 3.7436 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 5,411 | 3.7447 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 41,294 | 3.7448 GBP |
12 2/9p ordinary | CFD | Opening a short position | 1 | 3.7458 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 20,462 | 3.7458 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 6,732 | 3.7471 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 1 | 3.7474 GBP |
12 2/9p ordinary | CFD | Opening a long position | 603 | 3.7474 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 45 | 3.7476 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 51 | 3.7480 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 647 | 3.7489 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 580 | 3.7489 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 4,274 | 3.7489 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 1,762 | 3.7489 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 12,294 | 3.7497 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 30,734 | 3.7498 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 191 | 3.7499 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 30,981 | 3.7500 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 27,782 | 3.7500 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 204,656 | 3.7500 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 84,363 | 3.7500 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 4,210 | 3.7518 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 16,874 | 3.7528 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,485 | 3.7531 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 166,731 | 3.7549 GBP |
12 2/9p ordinary | CFD | Opening a long position | 10,000 | 3.7549 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 163 | 3.7552 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 78,100 | 3.7556 GBP |
12 2/9p ordinary | CFD | Opening a short position | 144,100 | 3.7556 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 317 | 3.7558 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 533 | 3.7584 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 53,528 | 3.7585 GBP |
12 2/9p ordinary | CFD | Opening a short position | 103,465 | 3.7587 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 10,000 | 3.7587 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 97 | 3.7601 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 621 | 3.7627 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 8,038 | 3.7673 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 491 | 3.7750 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 171 | 3.7858 GBP |
12 2/9p ordinary | CFD | Opening a long position | 12,630 | 3.7940 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 1,636 | 3.7940 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 14,266 | 3.7940 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 63,930 | 3.8015 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 958 | 4.5556 USD |
12 2/9p ordinary | SWAP | Opening a short position | 3,000 | 3.7412 GBP |
12 2/9p ordinary | SWAP | Opening a short position | 4,400 | 3.7412 GBP |
12 2/9p ordinary | SWAP | Reducing a long position | 700 | 3.7412 GBP |
12 2/9p ordinary | SWAP | Increasing a long position | 3,210 | 3.7497 GBP |
12 2/9p ordinary | SWAP | Increasing a long position | 8,024 | 3.7498 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 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
(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) |
|
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: | 17 March 2017 |
| Contact name: | Joanna Foley and Kashif Rafiq |
| Telephone number: | +44(20) 7051 9996 / +44(20) 7051 0547 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
SLA.L