10th May 2017 11:43
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: | 09 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 | 562,113
473,521 | 3.8161
3.8150 | 3.7870
3.7880 |
|
|
(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
| 10,439 699 2,802 2,165 3,225 12,255 72,500 26,804 5,454 19,445 848 11,700 1,091 3,577 1,901 26,030 841 87 107 35,381 207,944 3,734
3,734 988 56,827 3,340 2,034 60,416 11,696 982 2,939 1,391 28,775 254,582 35,675 11,614 2,362 158 1,567 844 | 3.7894 GBP 3.7969 GBP 3.7985 GBP 3.7986 GBP 3.7990 GBP 3.7999 GBP 3.8006 GBP 3.8009 GBP 3.8025 GBP 3.8033 GBP 3.8039 GBP 3.8041 GBP 3.8049 GBP 3.8051 GBP 3.8052 GBP 3.8054 GBP 3.8069 GBP 3.8094 GBP 3.8097 GBP 3.8098 GBP 3.8100 GBP 4.8956 USD
3.7950 GBP 3.7953 GBP 3.7996 GBP 3.8001 GBP 3.8005 GBP 3.8008 GBP 3.8015 GBP 3.8023 GBP 3.8025 GBP 3.8026 GBP 3.8030 GBP 3.8048 GBP 3.8053 GBP 3.8061 GBP 3.8078 GBP 3.8081 GBP 3.8110 GBP 3.8161 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: | 10 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