25th Oct 2007 14:29
Takeover Panel25 October 2007 2007/31 RESOLUTION PLC ("RESOLUTION") PEARL ASSURANCE PLC ("PEARL") STANDARD LIFE PLC ("STANDARD LIFE") On 15 October, the Panel Executive announced it had ruled that, unless the PanelExecutive consents otherwise, each of Pearl and Standard Life must, by 5.00pm on25 October, either announce a firm intention to make an offer for Resolutionunder Rule 2.5 of the Code or announce that it does not intend to make an offerfor Resolution. On 19 October, Pearl announced an offer for Resolution underRule 2.5 of the Code. The Panel Executive has received a request from Resolution that this deadline,which still applies to Standard Life, should be extended by 24 hours. The PanelExecutive is considering this request and will make a further announcement indue course. 25 October 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SLA.L