11th Jan 2005 07:00
Goldman Sachs International11 January 2005 LAUNCH ANNOUNCEMENT Not for release in the United States, Canada or Japan The Phoenix Companies Inc 11 January 2005 Sale of Aberdeen Asset Management Plc shares The Phoenix Companies Inc. announces that it intends to sell its entire stake of38.1 million shares of Aberdeen Asset Management Plc in an accelerated bookbuiltoffering to institutional investors. The offering will be managed by Goldman Sachs International. Book building willcommence immediately. This announcement is for information purposes only and is not an offer to sell,or the solicitation of an offer to buy, any securities. The offering will only be available to the following persons in the UnitedKingdom: (i) persons having professional experience in matters relating toinvestments; and (ii) persons falling within Articles 49(2)(a) to (d) of theU.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2001(high net worth corporations, unincorporated associations etc.). If you are inthe United Kingdom and do not fall into one of the above categories, you willnot be eligible to participate in the offering, and you should not act upon, orrely on, this announcement. The offer and sale of the securities referred to in this announcement has notbeen, nor will it be, registered under the United States Securities Act of 1933and the securities may not be offered or sold in the United States absent suchregistration or an applicable exemption from registration. There will be nopublic offering of the securities in the United States in connection with thistransaction. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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