11th Aug 2017 11:49
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: | 10 August 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 | 971,272
888,069 | 4.3630
4.3610 | 4.2480
4.2500 |
|
|
(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 | 877 2,377 31,776 10,593 34,095 11,540 1,841 6,203 3,890 159,493 40 1,151 46 4,218 80,198 57,444 24,295 30,633 9,441 7,125 175,000 17,406 58 8,400 3,402 1,886 135 76,711 740 19,277 2,596 79,459
1,692 8,298 10,556 21,703 474 55,118 5,289 100,000 190 74 54,134 14,405 8,875 63,267 5,251 634 391 4,382 858 110,469 10,812 41 10 47 10,886 1,132 82 2,436 1,099 51,917 57,019 104 3,141 3,678 13,915 3,364 50 1,309 149,027 1,367 9,969 138 2,421 1,173 59,320 21,941 1,888 360 3,670 1,110 5,532 1,247 2,309 1,916 1,802 899 79,459 1,144 | 4.2482 GBP 4.2501 GBP 4.2566 GBP 4.2587 GBP 4.2599 GBP 4.2616 GBP 4.2625 GBP 4.2628 GBP 4.2635 GBP 4.2638 GBP 4.2644 GBP 4.2647 GBP 4.2677 GBP 4.2678 GBP 4.2680 GBP 4.2683 GBP 4.2693 GBP 4.2877 GBP 4.2909 GBP 4.2912 GBP 4.2920 GBP 4.2950 GBP 4.2959 GBP 4.2974 GBP 4.2975 GBP 4.2986 GBP 4.3081 GBP 4.3129 GBP 4.3149 GBP 4.3169 GBP 4.3251 GBP 5.6602 USD
4.2604 GBP 4.2630 GBP 4.2636 GBP 4.2643 GBP 4.2650 GBP 4.2651 GBP 4.2652 GBP 4.2670 GBP 4.2674 GBP 4.2675 GBP 4.2680 GBP 4.2683 GBP 4.2703 GBP 4.2732 GBP 4.2736 GBP 4.2739 GBP 4.2742 GBP 4.2743 GBP 4.2751 GBP 4.2755 GBP 4.2765 GBP 4.2773 GBP 4.2777 GBP 4.2780 GBP 4.2782 GBP 4.2791 GBP 4.2792 GBP 4.2808 GBP 4.2813 GBP 4.2816 GBP 4.2822 GBP 4.2862 GBP 4.2889 GBP 4.2903 GBP 4.2905 GBP 4.2907 GBP 4.2908 GBP 4.2926 GBP 4.2950 GBP 4.2963 GBP 4.2975 GBP 4.2982 GBP 4.3006 GBP 4.3009 GBP 4.3013 GBP 4.3038 GBP 4.3054 GBP 4.3064 GBP 4.3068 GBP 4.3139 GBP 4.3178 GBP 4.3211 GBP 4.3296 GBP 4.3326 GBP 4.3358 GBP 4.3422 GBP 4.3540 GBP 4.3574 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: | 11 August 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
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