10th Jul 2006 07:19
Merrill Lynch International10 July 2006 The 'Stabilisation Notice' announcement for Merrill Lynch Internationalreleased today at 07:00 under RNS No 9058F has been re-released to facilitateonward transmission by third party vendors. The announcement is unchanged and is reproduced in full below. 10 July, 2006 Stabilisation notice Standard Life plc (the "Company") Offers (the "Offers" comprising thePreferential Offer, the Institutional Offer and the Retail Offer) of 993 million Ordinary Shares of 10 pence each of the Company (the "Ordinary Shares") with over-allotment arrangements in respect of up to 84 million Ordinary Shares Merrill Lynch International notifies you that it is the stabilising manager inrespect of the Offers announced on 7 July 2006 and may conduct stabilisingactivities in relation to the Ordinary Shares in connection with the abovetransaction. Merrill Lynch International confirms the following: 1. The securities to be stabilised are the Ordinary Shares (ISIN:GB00B16KPT44) referred to above. There are no associated instruments that aresubject to stabilisation; 2. The stabilising manager is Merrill Lynch International (Contact:Mark Gwynne; Telephone: 020 7995 3700); 3. Stabilisation transactions may occur during the stabilisationperiod, which is expected to commence at 8.00 am on 10 July 2006 and will end atclose of business on 9 August 2006; 4. The Offer Price of the Ordinary Shares (the "Offer Price") is 230pence per Ordinary Share; 5. In connection with the Offers, Merrill Lynch International, asstabilising manager, has entered into over-allotment arrangements with theCompany, pursuant to which Merrill Lynch International may acquire, or procureacquirors for, up to 84 million Ordinary Shares at the Offer Price, for thepurpose of allowing Merrill Lynch International to meet over-allocations inconnection with the Offers and to cover short positions resulting from saleseffected by it during the stabilisation period. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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