21st Mar 2017 11:53
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: | 20 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 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 | 2,001,553
1,112,088 | 3.6420
3.6430 | 3.5926
3.5918 |
|
|
(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 (GBP) |
Ordinary Shares | Equity Swaps
| Long
Short
| 388 1,041 510 1,068 27,366 104,793 24 52,950 211,035 2,535 880 4,400 1,980 1,400 129,194 764 69,260 1,193 20,093
108,071 4,108 20,093 5,792 877,397 6,020 398 14 1,105 92,536 3,683 57,307 25,804 1,991 12,220 652 27,392 16 7,304 2,616 1,143 12,326 32,908 4,915 492 92 1,968 50,106 131,337 4,989 29,333 2,831 120,800 2,059 66 191 100 66,667 | 3.5936 GBP 3.5939 GBP 3.5953 GBP 3.5964 GBP 3.5965 GBP 3.5975 GBP 3.5976 GBP 3.6097 GBP 3.6112 GBP 3.6299 GBP 3.6319 GBP 3.6321 GBP 3.6329 GBP 3.6338 GBP 3.6340 GBP 3.6367 GBP 3.6370 GBP 3.6377 GBP 4.4255 USD
3.5975 GBP 3.5979 GBP 3.5980 GBP 3.5983 GBP 3.6010 GBP 3.6040 GBP 3.6050 GBP 3.6051 GBP 3.6061 GBP 3.6089 GBP 3.6125 GBP 3.6206 GBP 3.6226 GBP 3.6252 GBP 3.6278 GBP 3.6285 GBP 3.6287 GBP 3.6311 GBP 3.6318 GBP 3.6327 GBP 3.6334 GBP 3.6335 GBP 3.6336 GBP 3.6338 GBP 3.6339 GBP 3.6353 GBP 3.6355 GBP 3.6359 GBP 3.6360 GBP 3.6361 GBP 3.6362 GBP 3.6363 GBP 3.6365 GBP 3.6367 GBP 3.6371 GBP 3.6373 GBP 3.6381 GBP 3.6392 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: | 21 March 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