19th Jun 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 |
(d) Date dealing undertaken: | 16 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 | 1,419,371
1,930,839 | 3.8930
3.8930 | 3.8520
3.8520 |
|
|
(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
| 167,835 9,964 828 27,512 239,061 230,515 4,144 22,365 1,030 6,624 5,719 1,652 24,900 34,362 6,191
9 104 833 1,132 1,828 276 294 33 1,692 1,072 83 930 8,382 221 105 8,193 4,993 47,916 1,588 1,034 3,848 16,870 1,643 6,104 5,911 2,078 25 6,803 86 205 608 1,648 9,614 1,240 97,338 1,468 659 154,474 108,481 7,686 167,835 | 3.8460 GBP 3.8668 GBP 3.8699 GBP 3.8711 GBP 3.8713 GBP 3.8714 GBP 3.8721 GBP 3.8737 GBP 3.8751 GBP 3.8754 GBP 3.8776 GBP 3.8799 GBP 3.8884 GBP 3.8926 GBP 3.8929 GBP
3.8542 GBP 3.8551 GBP 3.8552 GBP 3.8554 GBP 3.8555 GBP 3.8649 GBP 3.8673 GBP 3.8674 GBP 3.8677 GBP 3.8678 GBP 3.8704 GBP 3.8713 GBP 3.8715 GBP 3.8716 GBP 3.8717 GBP 3.8719 GBP 3.8725 GBP 3.8728 GBP 3.8732 GBP 3.8733 GBP 3.8763 GBP 3.8770 GBP 3.8774 GBP 3.8782 GBP 3.8790 GBP 3.8813 GBP 3.8818 GBP 3.8832 GBP 3.8835 GBP 3.8837 GBP 3.8846 GBP 3.8854 GBP 3.8859 GBP 3.8878 GBP 3.8879 GBP 3.8883 GBP 3.8904 GBP 3.8923 GBP 3.8930 GBP 3.8933 GBP 4.8844 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: | 19 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