20th Jun 2017 11:00
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: | 19 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 | 1,161,863
1,232,519 | 3.9901
3.9910 | 3.8780
3.8877 |
|
|
(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
| 6,365 428,338 1,000 21,956 23,738 14,542 111 24,785 10,576 3,608 6,138 2,130 2,539 1,983 3,436 12,694 25,292 65,491 67,310 808 1,000 1,495 1,206
202 553 953 32 12 1,542 19 8,258 2,226 73 212 1,253 874 2,598 8,875 4,216 8,248 12 1,525 2,699 5,700 378 30,114 11,484 13,014 42,619 45,423 8,774 45,547 161,598 387 128,414 311 15,698 44,165 931 1,574 13,815 3,549 6,365 | 3.8930 GBP 3.9210 GBP 3.9236 GBP 3.9492 GBP 3.9528 GBP 3.9585 GBP 3.9589 GBP 3.9597 GBP 3.9634 GBP 3.9636 GBP 3.9643 GBP 3.9652 GBP 3.9696 GBP 3.9761 GBP 3.9764 GBP 3.9787 GBP 3.9822 GBP 3.9860 GBP 3.9862 GBP 3.9889 GBP 3.9893 GBP 3.9900 GBP 3.9906 GBP
3.8782 GBP 3.8943 GBP 3.8990 GBP 3.9003 GBP 3.9009 GBP 3.9019 GBP 3.9020 GBP 3.9022 GBP 3.9024 GBP 3.9034 GBP 3.9049 GBP 3.9061 GBP 3.9065 GBP 3.9074 GBP 3.9079 GBP 3.9088 GBP 3.9089 GBP 3.9094 GBP 3.9098 GBP 3.9100 GBP 3.9107 GBP 3.9111 GBP 3.9114 GBP 3.9121 GBP 3.9127 GBP 3.9479 GBP 3.9617 GBP 3.9741 GBP 3.9816 GBP 3.9860 GBP 3.9863 GBP 3.9865 GBP 3.9881 GBP 3.9890 GBP 3.9894 GBP 3.9895 GBP 3.9899 GBP 3.9902 GBP 3.9904 GBP 4.9441 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: | 20 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