13th Jun 2017 18:29
AMENDMENT
INCREASED EQUITY SALES BY 574,008 TO 1,377,919
ADDED EQUITY SWAP PURCHASES OF 574,008
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: | 08 June 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 | 1,398,279
1,377,919 | 3.8440
3.8503 | 3.8040
3.8115 |
|
|
(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
| 659,376 131,096 574,008 7,490 56,627 6,149 5,926 209 492,501 3,021
218 2,540 8,441 5,044 2,963 11,275 27,681 37,275 28,057 1,893 160 370 64,530 7,632 278,615 41,864 1,545 31,049 637 31,531 19,450 361 225 40 6,387 200 219 4,249 190 1,056 677 9 34,751 9,784 21,615 13,460 7,497 8,767 349,521 48,041 6,302 5,436 19 29,200 836 109,379 514 55,013 659,376 | 3.8100 GBP 3.8115 GBP 3.8258 GBP 3.8268 GBP 3.8273 GBP 3.8290 GBP 3.8296 GBP 3.8369 GBP 3.8420 GBP 3.8502 GBP
3.8103 GBP 3.8117 GBP 3.8160 GBP 3.8161 GBP 3.8164 GBP 3.8192 GBP 3.8195 GBP 3.8197 GBP 3.8225 GBP 3.8235 GBP 3.8236 GBP 3.8240 GBP 3.8243 GBP 3.8246 GBP 3.8259 GBP 3.8264 GBP 3.8270 GBP 3.8274 GBP 3.8277 GBP 3.8287 GBP 3.8288 GBP 3.8305 GBP 3.8308 GBP 3.8315 GBP 3.8317 GBP 3.8330 GBP 3.8333 GBP 3.8344 GBP 3.8349 GBP 3.8354 GBP 3.8361 GBP 3.8364 GBP 3.8365 GBP 3.8366 GBP 3.8379 GBP 3.8384 GBP 3.8385 GBP 3.8386 GBP 3.8394 GBP 3.8397 GBP 3.8399 GBP 3.8403 GBP 3.8404 GBP 3.8408 GBP 3.8411 GBP 3.8413 GBP 3.8417 GBP 3.8423 GBP 4.9149 USD |
(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: | 13 June 2017 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
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