Morgan Stanley & Co. LLC Form 8.5 (EPT/RI) - Friends Life Group Limited (1193D)

TIDMAV. TIDMFLG

RNS Number : 1193D

Morgan Stanley & Co. LLC

26 January 2015

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:                                                       Morgan Stanley & Co. LLC 
-----------------------------------------------------------------------------------------  --------------------------- 
 (b) Name of offeror/offeree in relation to whose relevant securities this form relates:    Friends Life Group Limited 
  Use a separate form for each offeror/offeree 
-----------------------------------------------------------------------------------------  --------------------------- 
 (c) Name of the party to the offer with which exempt principal trader is connected:        Aviva Plc 
-----------------------------------------------------------------------------------------  --------------------------- 
 (d) Date dealing undertaken:                                                               23 JANUARY 2015 
-----------------------------------------------------------------------------------------  --------------------------- 
 (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in         Yes 
 respect 
 of any other party to this offer? 
-----------------------------------------------------------------------------------------  --------------------------- 
 
   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   Purchases/sales   Total number     Highest price             Lowest price 
  security                              of securities    per unit paid/received    per unit paid/received 
------------------  ----------------  ---------------  ------------------------  ------------------------ 
 Ordinary            PURCHASES         184,341          4.0855 GBP                4.0700 GBP 
------------------  ----------------  ---------------  ------------------------  ------------------------ 
 Ordinary            SALES             184,341          4.0855 GBP                4.0697 GBP 
------------------  ----------------  ---------------  ------------------------  ------------------------ 
 
   (b)        Cash-settled derivative transactions 
 
 Class of relevant   Product description   Nature of dealing         Number of reference   Price per 
  security            e.g. CFD              e.g. opening/closing      securities            unit 
                                            a long/short position, 
                                            increasing/reducing 
                                            a long/short position 
------------------  --------------------  ------------------------  --------------------  ----------- 
 Ordinary            CFD                   LONG                      1,427                 4.0700 GBP 
------------------  --------------------  ------------------------  --------------------  ----------- 
 Ordinary            CFD                   SHORT                     1,417                 4.0700 GBP 
------------------  --------------------  ------------------------  --------------------  ----------- 
 
   (c)        Stock-settled derivative transactions (including options) 
   (i)         Writing, selling, purchasing or varying 
 
 Class          Product        Writing,       Number           Exercise     Type e.g.    Expiry   Option 
  of relevant    description    purchasing,    of securities    price per    American,    date     money paid/ 
  security       e.g. call      selling,       to which         unit         European              received 
                 option         varying        option                        etc.                  per unit 
                                etc.           relates 
-------------  -------------  -------------  ---------------  -----------  -----------  -------  ------------- 
 N/A            N/A            N/A            N/A              N/A          N/A          N/A      N/A 
-------------  -------------  -------------  ---------------  -----------  -----------  -------  ------------- 
 
   (ii)        Exercise 
 
 Class of relevant   Product description   Number of securities   Exercise price 
  security            e.g. call option                             per unit 
------------------  --------------------  ---------------------  --------------- 
 N/A                 N/A                   N/A                    N/A 
------------------  --------------------  ---------------------  --------------- 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant   Nature of dealing     Details   Price per unit 
  security            e.g. subscription,              (if applicable) 
                      conversion 
------------------  --------------------  --------  ----------------- 
 N/A                 N/A                   N/A       N/A 
------------------  --------------------  --------  ----------------- 
 

The currency of all prices and other monetary amounts should be stated.

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.

   3.         OTHER INFORMATION 
   (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: 
  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:    26 JANUARY 2015 
---------------------  ------------------ 
 Contact name:          Craig Horsley 
---------------------  ------------------ 
 Telephone number:      [phone] 
---------------------  ------------------ 
 

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 [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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