25th Jul 2017 11:41
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: | J.P. Morgan Securities Plc |
(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: | Financial Adviser & Corporate Broker to Aberdeen Asset Management Plc |
(d) Date dealing undertaken: | 24 July 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares
| Purchases
Sales | 2,468,614
499,303 | 4.2250
4.2220 | 4.1820
4.1790 |
|
|
(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
|
Ordinary Shares | Equity Swaps
| Long
Short
| 1,242 622 4,824 101 311 8,540 26,882 29,031 115,496 607 31,206
2,750 30 21 394 29,652 801 19 1,088 11,654 17,098 12,024 17,394 3,170 133 1,097 5,876 67 3,444 20,477 39,358 5,059 8,030 1,631 154 2,464 9,399 12,478 49,969 2,288 42,842 1,077 1,086 2,993 23,060 10,291 9,210 1,643 120,024 570 1,453 124,252 20,921 20 15,512 1,394 1,660,000 31,206 | 4.2064 GBP 4.2074 GBP 4.2079 GBP 4.2103 GBP 4.2109 GBP 4.2120 GBP 4.2128 GBP 4.2136 GBP 4.2140 GBP 4.2146 GBP 5.4670 USD
4.1953 GBP 4.1964 GBP 4.1966 GBP 4.1974 GBP 4.1980 GBP 4.1987 GBP 4.1994 GBP 4.2001 GBP 4.2015 GBP 4.2018 GBP 4.2026 GBP 4.2033 GBP 4.2035 GBP 4.2042 GBP 4.2067 GBP 4.2070 GBP 4.2073 GBP 4.2074 GBP 4.2075 GBP 4.2080 GBP 4.2083 GBP 4.2084 GBP 4.2086 GBP 4.2089 GBP 4.2092 GBP 4.2093 GBP 4.2095 GBP 4.2098 GBP 4.2101 GBP 4.2102 GBP 4.2107 GBP 4.2111 GBP 4.2113 GBP 4.2116 GBP 4.2118 GBP 4.2119 GBP 4.2126 GBP 4.2128 GBP 4.2136 GBP 4.2137 GBP 4.2143 GBP 4.2154 GBP 4.2161 GBP 4.2168 GBP 4.2223 GBP 4.2250 GBP 4.2380 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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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) (GBP) |
|
(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: | 25 July 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
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 dealing 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