26th Jun 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: | 23 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 | 451,799
69,959 | 3.8990
3.8970 | 3.8520
3.8716 |
|
|
(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
| 144 400 426 1,780 471 580 5,231 3,277 1,592 5,504 674 32 39 232,890
6 3,224 27 185 115 12,378 140 5,162 2,187 1,012 16 35 3,047 1,720 99 6,660 596 92 5,553 810 54,095 10,235 1,218 1,304 17,796 362 68,929 232,890 232,890 | 3.8589 GBP 3.8718 GBP 3.8725 GBP 3.8758 GBP 3.8762 GBP 3.8789 GBP 3.8801 GBP 3.8818 GBP 3.8819 GBP 3.8875 GBP 3.8939 GBP 3.8955 GBP 3.8969 GBP 3.8970 GBP
3.8511 GBP 3.8577 GBP 3.8594 GBP 3.8620 GBP 3.8626 GBP 3.8653 GBP 3.868 GBP 3.8689 GBP 3.8735 GBP 3.8763 GBP 3.8771 GBP 3.8773 GBP 3.8789 GBP 3.8800 GBP 3.8831 GBP 3.8853 GBP 3.8884 GBP 3.8900 GBP 3.8907 GBP 3.8925 GBP 3.8933 GBP 3.8947 GBP 3.8950 GBP 3.8967 GBP 3.8970 GBP 3.8971 GBP 3.8973 GBP 3.8990 GBP 4.9102 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: | 26 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