16th May 2017 11:37
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 and Corporate Broker to Standard Life Plc |
(d) Date dealing undertaken: | 15 May 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 | 788,484
1,063,538 | 3.9320
3.9400 | 3.9016
3.8980 |
|
|
(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
| 32,654 3,001 28,441 296 4,062 14,466 7,417 1,756 43,192 310 111,940 66,333 6,632 3,768 925 4,942 41,114 6,005 2,460 200 41,224 633 452 595 87,296 16,143 1,664 54,626 10 30,686 79,733 53 20,483 172 14,736 3,206 7,627 986 52,252 78,185 1,908 6,100 103,872 53 11,035 34,458 161 518
6,340 195,306 64,108 160,912 12,610 43,711 249,745 8,515 518 408 1,632 940 935 | 3.9026 GBP 3.9028 GBP 3.9035 GBP 3.9042 GBP 3.9046 GBP 3.9049 GBP 3.9060 GBP 3.9066 GBP 3.9069 GBP 3.9070 GBP 3.9071 GBP 3.9077 GBP 3.9079 GBP 3.9081 GBP 3.9083 GBP 3.9087 GBP 3.9093 GBP 3.9096 GBP 3.9099 GBP 3.9103 GBP 3.9104 GBP 3.9105 GBP 3.9115 GBP 3.9119 GBP 3.9123 GBP 3.9128 GBP 3.9129 GBP 3.9130 GBP 3.9133 GBP 3.9134 GBP 3.9136 GBP 3.9149 GBP 3.9153 GBP 3.9156 GBP 3.9158 GBP 3.9160 GBP 3.9165 GBP 3.9166 GBP 3.9172 GBP 3.9174 GBP 3.9180 GBP 3.9186 GBP 3.9201 GBP 3.9207 GBP 3.9210 GBP 3.9266 GBP 3.9380 GBP 5.0253 USD
3.9063 GBP 3.9078 GBP 3.9130 GBP 3.9186 GBP 3.9190 GBP 3.9195 GBP 3.9210 GBP 3.9213 GBP 3.9260 GBP 3.9261 GBP 3.9276 GBP 3.9283 GBP 3.9363 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: | 16 May 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